Tag Archives: NNPCL

Dangote refinery crude sale hit ₦219.38bn in Q1 2025, with the Federal Government earning $1.59m from crude exports amid stalled local supply deals Peculiar Adirika

FG sold crude worth N219.38bn to Dangote Refinery in early 2025, despite sales suspension and naira-for-crude tensions as local fuel prices surged Oreoluwa Ojelabi

FCC arrests ex-NNPCL CFO Umar Isa over $7.2bn refinery fraud. Probe widens to top officials of Warri, Kaduna and Port Harcourt refineries Oreoluwa Ojelabi

President Bola Tinubu has officially inaugurated the board and management of the Nigerian National Petroleum Company Limited (NNPCL), seven weeks after their initial appointment, with Ahmadu Kida as non-executive chairman and Bashir Ojulari as Group CEO Peculiar Adirika

The Socio-Economic Rights and Accountability Project (SERAP) has urged the Nigerian National Petroleum Company Limited (NNPCL) to account for N500bn in unremitted funds, as reported by the World Bank Peculiar Adirika

The Amalgamated Civil Society Organizations of Nigeria (ACN) has condemned protests against former NNPCL Group Managing Director, Mele Kyari, alleging they are orchestrated by oil merchants to undermine reforms in Nigeria’s energy sector Peculiar Adirika

The new leadership of NNPCL, led by Bayo Ojulari and Musa Ahmadu-Kida, has reportedly sacked the managing directors of the Port Harcourt, Warri, and Kaduna refineries, along with other senior officials Quadri Olaitan

Concerned citizens stormed the AGF’s office demanding investigation and prosecution of ex-NNPCL CEO Mele Kyari for alleged mismanagement and corruption during his tenure, citing opaque refinery deals and a $2bn debt to Matrix Energy Quadri Olaitan

The United States and Nigeria have reaffirmed their commitment to collaborate in the energy sector, focusing on enhancing energy security and promoting sustainable development initiatives   Nigeria and the United States have reinforced their commitment to working together in the energy sector, with a strong emphasis on bolstering energy security …

Nigeria confirms the continuation of the naira-for-crude deal with Dangote Refinery, highlighting its role in supporting local refining and energy security   The Nigerian government has reaffirmed that the naira-for-crude sale agreement with Dangote Refinery, along with other local refineries, remains in effect. Also read: Naira-for-Crude policy faces uncertainty as …