A petrol-laden tanker has exploded at Ajayi Farm Bus-Stop along the Alagbole-Akute Road in Ogun State. The incident reportedly occurred very early on Saturday morning at the retail station of the Nigerian National Petroleum Corporation (NNPC) in the area. Read also: No Free Land For Ranching In Oyo State, Says Makinde Eyewitnesses explained that the … Read more
The Senior Special Assistant to President Muhammadu Buhari on Niger Delta Affairs, Sen. Ita Enang has assured Nigerians that the presidency has taken drastic steps to crash the prices of petroleum products. To do so, the Federal government, according to Enang, has concluded plans to host a National Conference on Artisanal and Modular Refining to … Read more
The leadership of the Nigerian National Petroleum Commission (NNPC) has flayed speculations that the Premium Motor Spirit (PMS) better known as petrol will increase in the month of March. The announcement, contained in a press release signed by its Spokesman, Dr Kennie Obateru, puts to bed speculations of an imminent increase in the pump price … Read more
Festus Marinho, the first group managing director (GMD) of Nigerian National Petroleum Corporation (NNPC), died at age 87 on Tuesday.
A chieftain of the New Nigerian Peoples Party, NNPP, Olusegun Bamgbose, Esq., has advised a former Governor of Lagos State and national leader of the All Progressives Congress, APC, Bola Ahmed Tinubu, against running in the 2023 presidential election.
NNPC The Nigerian National Petroleum Corporation (NNPC) has assured the public of safety around the scene of a gas pipeline rupture along the Lagos-Ibadan Expressway. The corporation gave the assurance in a statement by its spokesman, Dr. Kennie Obateru, in Abuja, on Wednesday, Eko hot blog gathered. He said that the pipeline break was caused … Read more
President Muhammadu Buhari has called on Nigerians to utilise gas as an alternative to fuel in the country. A statement issued by his Special Adviser on Media and Publicity, Femi Adeshina, said the President made this call on Tuesday during the unveiling of the National Gas Expansion Programme and National Autogas Roll-out Initiative in Abuja. … Read more
EKOHOTBLOG, 29TH NOVEMBER, 2020 The Nigerian National Petroleum Corporation has said it raised domestic gas supply to the power sector by 20 million standard cubic feet per day leading to an increase in power generation by 117 megawatts. In its latest financial and operations report obtained in Abuja, the corporation said it supplied 727mmscfd of … Read more
Labour has asked the government to reverse the recent fuel price increase The Federal Government has appealed for a week break from discussion with organised labour to consult on the new petrol price increase. Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mele Kyari made the request during the meeting with leadership of … Read more
House of Representatives has lauded the Nigerian National Petroleum Corporation (NNPC), for laying down its budget to the National Assembly for the first time. The Group Managing Director, NNPC, Mele Kyari, while presenting the budget said all the refineries had been shut down due to vandals, thieves and weakness of the pipelines. He added that … Read more
The Federal Government should hands off the importation of refined petroleum products into Nigeria and should concentrate on getting the country’s refineries functional, oil marketers have said According to oil dealers, the downstream oil sector in Nigeria has not yet witnessed proper deregulation going by the fact that the government through the Nigerian National Petroleum … Read more
NNPC The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, said that President Muhammadu Buhari never interfered in the operations of the Corporation. Kyari disclosed this at a media interactive with National Association of Energy Correspondents in Abuja, on Friday. Read Also: BREAKING: FG Offers N65bn To End ASUU Strike … Read more
Dividends Mr Mele Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC) says he is optimistic that the corporation will declare dividends in 2020 in spite of the challenges posed by the COVID-19 pandemic. The News Agency of Nigeria (NAN) reports that Kyari spoke at an interactive session with the National Association of Energy Correspondents … Read more
The Nigerian National Petroleum Corporation (NNPC) on Friday disclosed that crude oil in commercial quantity has been discovered in Benue Trough. The state-owned corperation made the disclosure in a statement by Kennie Obateru it group general manager of group public affairs division. Obateru said Nigerian geologists are spearheading efforts exploration activities in the trough. The … Read more
NOVEMBER 14, 2020 The Nigerian National Petroleum Corporation (NNPC), on Friday, said the “slight increase” in the ex-coastal price and ex-depot price of Premium Motor Spirit, widely known as petrol, is due to the “prevailing realities of market forces of demand and supply.” The NNPC made its position known in a statement signed by its … Read more
NOVEMBER 13, 2020 The Independent Petroleum Marketers Association of Nigeria (IPMAN) said it has directed marketers to sell the Premium Motor Spirit (PMS) for ₦170 per litre. This instruction is coming on the heels of Thursday’s night announcement of ₦155 .17 ex-depot price to the marketers by the Pipelines and Products Marketing Company (PPMC). Read … Read more
NOVEMBER 13, 2020 … Marketers to sell at ₦168 – ₦170/litre The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has increased the ex-depot price of Premium Motor Spirit, also known as petrol, to ₦155.17 per litre from ₦147.67 per litres. PUNCH reports that the PPMC disclosed this in an internal … Read more
Nigerian National Petroleum Corporation (NNPC) says there is enough petrol to avert scarcity if oil workers go on strike. NNPC’s spokesperson, Kennie Obateru, dismissed insinuations of the possible scarcity of petroleum products following an ongoing disagreement between the Federal Government and members of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN). PENGASSAN is in … Read more
Alleged $9.8m Fraud: Court Dismisses EFCC’s Application To Cross-Examine Ex-NNPC GMD Ekohotblog, November 6, 2020 The Federal High Court in Abuja on Thursday dismissed an application by the Economic and Financial Crimes Commission (EFCC) to cross-examine former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu. Justice Ahmed Mohammed, in a … Read more
Nigerian National Petroleum corporation (NNPC) has cautioned motorists not to engage in panic buying of Premium Motor Spirit (PMS) The Nigerian National Petroleum corporation (NNPC) has cautioned motorists not to engage in panic buying of Premium Motor Spirit (PMS) also known as petrol, assuring of normalcy in the supply of petroleum products. Read Also: APC … Read more