The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disbursed N15 billion for the reconstruction of the Lagos Badagry Expressway under the Federal Government Road Infrastructure Tax Credit (RITC) Scheme.…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Federal Government has no intention of increasing the price of Premium Motor Spirit (PMS) during the festive period. The…
Chief Timipre Silva, Minister of Petroleum Resources, says one of the key mandates of the ministry is to grow oil reserves from the current 37 billion barrels to 40 billion…
Senator Ifeanyi Ararume has instituted a N100 billion suit against the Federal Government at the Federal High Court, Abuja over his alleged unlawful removal as a non Executive Chairman of…
The Minister of State for Petroleum Resources, Dr Timipre Sylva, has said that the country loses 400,000 barrels of crude daily via oil theft. Sylva said this on Monday, when…
President Muhammadu Buhari has unveiled the new Nigerian National Petroleum Company Limited (NNPC Limited), affirming that the company is mandated by law to ensure that Nigeria’s National Energy Security is…
The Independent Petroleum Marketers Association of Nigeria (IPMAN), has urged the Federal Government to pay marketers their bridging claims to enable them to begin lifting petroleum products from the depots..…
The House of Representatives’ Ad-hoc Committee to ascertain total inventory, assets, interests and liabilities of the Nigeria National Petroleum Company Ltd says it will meet with the Chief Executive Officer…
The Minister of State for Petroleum Corporation, Chief Timipre Sylva, says the Federal Government will hold equity stake in trust for the federation in the proposed NNPC Ltd. in the…