President Muhammadu Buhari on Sunday in Abuja met with Senate President Ahmad Lawan where they deliberated on nation’s security situation as well as the crisis in the ruling party, All Progressives Congress (APC). Speaking to State House correspondents after the closed door meeting, Lawan reiterated the determination of the National Assembly to support and empower ...

The Major Oil Marketers Association of Nigeria (MOMAN) has expressed concern over the N154 billion loss recorded by Nigeria’s three refineries in the 2018 audited accounts published by the Nigerian National Petroleum Corporation (NNPC). Mr Tunji Oyebanji, Chairman, MOMAN, told the News Agency of Nigeria (NAN) in Lagos on Wednesday, that the loss recorded by ...

  Nigeria did not fully comply with a pact by oil producers to rein in output to balance markets but will make additional cuts to make up for the lapse by mid-July, the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari said on Wednesday. In an interview with Bloomberg, Kyari said ...

The Nigerian National Petroleum Corporation (NNPC), has raised an alarm over prevalent low grade and contaminated AGO, otherwise called diesel, offered at discounted prices in parts of the country. The warning is contained in a report by NNPC Retail Limited Managing Director, Sir Billy Okoye, on Friday advising motorists to be wary of the off-spec ...

The Nigerian National Petroleum Corporation (NNPC) says professional competence, adherence to the principle of transparency and accountability informed the recent top management appointment effected in the first week of March. Dr Kennie Obateru, the spokesman for the corporation made this known in a statement issued in Abuja, on Sunday. The corporation in March disengaged some ...

Minister of Interior, Rauf Aregbesola The Minister of Interior, Rauf Aregbesola on Tuesday said the 15 Chinese experts who came into Nigeria to support the fight against COVID-19 are still in Nigeria working Aregbesola disclosed this while responding to journalists at Presidential Task Force (PTF) briefing on COVID-19. He noted that they are in the country ...

The President,  Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr Chinedu Okoronkwo says its members have started buying Premium Motor Spirit (PMS) also known as petrol at N108 ex-depot price as announced by NNPC. Okoronkwo made this known in an Interview with the News Agency of Nigeria (NAN) in Abuja, on Sunday. The Nigerian National ...

The Nigerian National Petroleum Corporation (NNPC) has commiserated with families of the victims of Friday’s fuel tanker fire incident at Obalende area of Lagos. The tanker belonging to the NNPC was said to have tipped over before bursting into flames in front of the Oando filling station in Obalende area of the state triggering a ...

    The Speaker of the House of Representatives, Femi Gbajabiamila has expressed disappointment over non-existence of the Power Consumer Assistance Fund (PCAF) by Nigerian Electricity Regulatory Commission, NERC. Gbajabiamila who was speaking to stakeholders in the power sector and reps members at a meeting on implementation of the proposed two-month free power supply to the ...

The House of Representatives and stakeholders in the power sector on Wednesday agreed to set up a joint implementation committee on the proposed two-month free power supply to the poor and vulnerable Nigerians as part of the stimulus package aimed at alleviating the effects of the COVID-19 pandemic. In a statement in Abuja, the Speaker ...