Subsidy: NNPC Boss Meets President Tinubu

The Nigerian National Petroleum Company Limited (NNPC Ltd) has assured Nigerians that fuel queues in filling stations, following the affirmation of the removal of subsidy, will soon vanished. EDITOR’S PICKS From Interim Gov To Arrest: Hit And Miss Prophecies On Tinubu’s Inauguration Tenure Over: Buhari Leaves Abuja, Heads For Daura Inauguration Speech: Tinubu Unveils Economic … Read more

Farewell, Fuel Subsidy: NNPC Embraces New Horizons

Eko Hot Blog reports that the Nigeria National Petroleum Company, NNPC limited, has welcomed the decision by the Federal governrnent  to remove subsidy on Premium Motor Spirit PMS otherwise known as petrol. EDITOR’S PICKS From Interim Gov To Arrest: Hit And Miss Prophecies On Tinubu’s Inauguration Tenure Over: Buhari Leaves Abuja, Heads For Daura Inauguration … Read more

Fuel Scarcity Lingers As DSS 48 Hours Deadline Elapses

Fuel scarcity

Oil marketers are yet to address the fuel Scarcity issue after the ultimatum by DSS. EKO HOT BLOG reports that despite the 48 hours ultimatum issued to the Nigerian National Petroleum Company Limited and oil marketers by the Department of State Services, DSS, to make the Premium Motor Spirit, popularly called petrol, available for Nigerians, … Read more

FG To Punish CBN, FIRS, NNPC, Other MDAs For Secret Recruitment

FG is set to sanction FIRS, NNPC, and other MDAs for engaging in backdoor recruitment. EKO HOT BLOG reports that the Federal Government has threatened to sanction the Federal Inland Revenue Service, Nigeria National Petroleum Corporation Limited, Central Bank of Nigeria, and the Nigeria Customs Service, among other MDAs, for secret recruitment into federal civil … Read more

NNPC Gives Reasons For Fuel Scarcity In Nigeria, Reveals Available Volume

The Nigerian National Petroleum Company (NNPC) has revealed the volume of fuel available as fuel scarcity hits major states in Nigeria. EKO HOT BLOG reports that the Nigerian National Petroleum Company Limited (NNPC) disclosed that it has two billion litres of Premium Motor Spirit in stock. EDITOR’S PICKS Anxiety As Report Reveals How Price Of … Read more

Kolmani Project Attracted Over $3bn Investment Despite Low Appetite For Fossil Energy – Buhari

Buhari says the Kolmani oil and gas project attracted over $3 billion in investment despite a low appetite for fossil energy. Eko Hot Blog reports that President Muhammadu Buhari has said that his administration attracted over $3 billion in investment to the Kolmani Integrated Development Project at a time of near-zero appetite for investment in … Read more

Fuel Subsidy: ‘My Life Is In Danger’ – NNPC MD, Mele Kyari Cries Out

NNPC

The NNPC MD has cried out over alleged death threats. EKO HOT BLOG reports that the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Limited, Mele Kyari, has revealed that his life is being threatened by some individuals for speaking against petroleum subsidy. Kyari, who blamed the petroleum subsidy for the growing rate … Read more

NNPC, South Korea’s Daewoo Group Sign MoU To Rehabilitate Kaduna Refinery (PHOTOS)

NNPC and South Korea’s Daewoo Group have signed an MOU to rehabilitate the Kaduna refinery. Eko Hot Blog reports that the Nigerian National Petroleum Company (NNPC) Ltd and Daewoo Group of South Korea have signed the Memorandum of Understanding (MoU) for the rehabilitation of the Kaduna refinery. EDITOR’S PICKS Buhari Attends First World Bio Summit … Read more

‘NNPC Cannot Prove 98m Litres/Day Consumption’ – Customs Boss Faults Subsidy Payment

Customs

‘NNPC Cannot Prove 98m Litre/Day Consumption’ – Custom Boss Faults Subsidy Payment   EKO HOT BLOG reports that the Comptroller-General of Nigeria Customs Service, Col. Hameed Ali (rtd.), has stated that the Nigerian National Petroleum Company Limited (NNPC) cannot justify the volume of Premium Motor Spirit (otherwise known as petrol) being consumed in the country … Read more

NNPC: Kyari Reveals When Nigeria Will Stop Importing Petroleum Products

Importation of petroleum products

Kyari Has Revealed When Nigeria Will Stop Importing Petroleum Products   EKO HOT BLOG reports that The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari has given a definite timeframe for Nigeria to totally stop importing petroleum products.   Speaking on Tuesday during a press briefing at the … Read more

Presidency Vows To Name ‘Big Men’ Behind Oil Theft

Presidency

Presidency Vows To Name ‘Big Men’ Behind Oil Theft   EKO HOT BLOG reports that the Senior Special Assistant to President Muhammadu Buhari on Media and Publicity, Malam Garba Shehu, has said the federal government would soon reveal the identities of important personalities behind oil theft in the country.   Shehu said that as part … Read more

Finance Minister Says Nigeria Spends N18.69 Billion Daily On Subsidy

The Minister of finance has revealed the expenses spent daily on subsidy    EKO HOT BLOG reports that the Minister of Finance and National Planning, Zainab Ahmed, has disclosed that Nigeria spends N18.69 billion daily on petroleum subsidies. EDITOR’S PICK Tinubu Reveals Meeting Details With Obasanjo In Abeokuta JUST IN: Buhari Swears In RMAFC Chair, … Read more

BREAKING: NNPC Still Owned By Federal Govt, Minister Clears Air

NNPC not privatised, Federal Govt clears on new status ….NNPC is still owned 100 percent by the federal government.” EDITOR’S PICK: BREAKING: INEC Declares PDP’s Adeleke Osun Gov-Elect BREAKING: Yemi Osinbajo Undergoes Leg Surgery Governor Sanwo-Olu Charges Officials Over Poaching Of State Athletes EKO HOT BLOG reports that the minister of Finance, Budget and National … Read more

Why Introducing Subsidy On Diesel Is Unlikely – NNPC

Diesel

Kyari stated that the government cannot afford the payment of subsidies on diesel The lawmakers had summoned stakeholders in the oil and gas sector, including NNPC and NMDPRA to an investigative hearing EDITOR’S PICK Ohanaeze Reveals Why Nnamdi Kanu Was Denied Bail Drama As PDP Gives Ex-President Obasanjo 48hrs To Clarify Atiku’s ‘Regret’ Remarks  Tinubu … Read more

2023: NNPP In Talks With Peter Obi, Considering Merge –Kwankwaso Reveals

NNPP In Talks With Peter Obi

NNPP In Talks With Peter Obi, Considering Merge –Kwankwaso Reveals In an interview with the the Press, Kwankwaso confirmed the plans to merger with the labor party EDITOR’S PICK: 2023: Things To Know As APC Presidential Primary Begins Today (FULL UPDATE) Adamu Behind Plot To Make Lawan Presidential Candidate – APC Govs Allege APC Will … Read more

2023 Presidency: NNPP’s Kwankwaso Speaks On Stepping Down For Atiku, Tinubu

Kwankwaso Speaks On Stepping Down

Kwankwaso Speaks On Stepping Down For Atiku, Tinubu Atiku Abubakar is reportedly planning to meet with Kwankwaso and Peter Obi over a proposed alliance EDITOR’S PICK: 2023: Things To Know As APC Presidential Primary Begins Today (FULL UPDATE) Adamu Behind Plot To Make Lawan Presidential Candidate – APC Govs Allege APC Will Coast To Victory … Read more

2023: Wike Reveals Why Peter Obi Resigned From PDP, His Next Possible Move

Wike Reveals Why Peter Obi Resigned

  Wike Reveals Why Peter Obi Resigned From PDP, His Possible Next Move From what I read on social media, he wants to join NNPP, but Kwankwaso wants to be president EDITOR’S PICK Many Feared Dead As Explosion Rocks Kano 2023 Presidency: Ohanaeze Threatens Boycott Of Polls Over Zoning Niger-Delta Youth Group Sends Strong Warning … Read more

Oil Marketers, Airline Operators Disagree Over Price Of Aviation Fuel

Fuel

While marketers have defended the fuel price, airlines have insisted that it is too high, accusing marketers of exploitation The entire situation has led to increases in airfares EDITOR’S PICK  Accountant General Suspended Over Alleged ₦80bn Fraud EFCC Arrests Former NDDC MD Ekere Over Alleged ₦47bn Fraud 5 Killed As Okada Riders, Traders Clash In … Read more

SERAP Sues Buhari For Spending N1.48trn On Maintaining Dead Refineries

SERAP Sues Buhari For Spending N1.48trn On Maintaining Refineries With No Fuel Supply. SERAP alleged that the money “may have been stolen, mismanaged or diverted into private pockets”. EDITOR’S PICK 2023: I’ll Replace Sharing Formula With Production Formula — Peter Obi [JUST IN] 2023: Buhari’s Aide Confirms Jonathan Now APC Member ‘I’m Forced To Pay … Read more