Tag: #NNPC

Emefiele And The Logs In His Eyes

Emefiele And The Logs In His Eyes

"Simply put, this current problem stems from the fact that Emefiele, CBN and the banks have shown lack of capacity! Simplicita! This same tardiness Emefiele has inflicted on forex and the multiple policy somersaults the portfolio has suffered. Everything about the Naira redesign is a bad policy implemented badly! Timing. ...

We didn’t increase fuel pump price, says FG

We didn’t increase fuel pump price, says FG

By Elohor Igbru, Abuja The federal government has denied that it was responsible for the increase in the pump price of Premium Motor Spirit (PMS), also called petrol currently in force throughout the country. Timipre Sylva, minister of state for petroleum resources, said this at the Nigerian Midstream and Downstream ...

NNPC assures fuel queues will vanish in few days

NNPC assures fuel queues will vanish in few days

  ..We’ll handle erring PMS suppliers, House C’ttee tells Nigerians By Our Correspondent The Chief Executive Officer/ Group Managing Director of the Nigeria National Petroleum Corporation, NNPC, Mallam Mele Kyari has assured Nigerians that the current fuel queue will vanish in few days. Kyari said NNPC has placed order for ...

Buhari jets out to Belgium as Nigeria groans

Buhari jets out to Belgium as Nigeria groans

By Our Correspondents Minister of Petroleum, President Muhammadu Buhari is in Belgium to attend the 6th European Union-African Union Summit. The President who doubles as the Minister of Petroleum is leaving the country at a time when a persistent fuel crisis has crippled economic and social activities in the nation’s ...

New members for NNPC board

New members for NNPC board

By Admin President Muhammadu Buhari has appointed new members for the board ofthe Nigerian National Petroleum Corporation (NNPC). This directiveeffectively incorporated the Corporation. This is in consonance with Section 53(1) of the Petroleum Industry Act2021, which requires the Minister of Petroleum Resources to cause forthe incorporation of the NNPC Limited ...