Scores of youths stormed the headquarters of the Nigerian National Petroleum Company Limited (NNPCL) on Monday, demanding the immediate resignation of the Group Chief Executive Officer of the company, Mele Kyari. The protesters, led by some Civil Society Organisations (CSOs) described Kyari’s leadership as incompetent, citing skyrocketing fuel prices, endless fuel queues, and economic hardship in Nigeria. The protesters carrying …

NNPC Limited (NNPCL) has again increased the price of Premium Motor Spirit (PMS), also known as petrol, across its retail outlets. It is the second increase this month. NNPCL increased the pump price from N855 per litre set in September to N998 per litre on 3 October. At the NNPCL retail outlets located at Ago Palace Way, Okota, Lagos on Tuesday, the price of PMS …

The leadership of the Pan Niger Delta Forum has commiserated with the Federal Government, the Rivers State Government and the families of those who died in the East Winds Aviation Helicopter crash on 24 October 2024. In a statement signed by the National Publicity Secretary of PANDEF, Dr Obiuwevbi Ominimini on Saturday, the National President, Ambassador Godknows Igali, condoled with …

NNPC Limited (NNPCL) has said it engaged the helicopter, which crashed earlier on Thursday, confirming that there were five persons on board. In a statement on his X account, NNPCL’s Chief Corporate Communications Officer, Mr. Olufemi Soneye said that the helicopter, which took of from Port Harcourt NAF base enroute the FPSO – NUIMS ANTAN, lost contact at about 11.22 …

Controversy over the supply of petrol from Dangote Refinery to the Nigerian National Petroleum Company Limited (NNPCL) deepened yesterday. In a new twist, a document from the state oil company showed that the refinery has been unable to meet the supply request. According to the document, the NNPCL requested for 1.065 billion litres between 15 September and 20 October. But …

The Dangote Group has described the reported lawsuit against NNPC Limited (NNPCL) and other oil companies, seeking to revoke their import licenses, as “an old issue”. In a statement on Monday, the group’s Chief Branding and Communications Officer, Mr.  Anthony Chiejina clarified that the proceedings are currently on hold, with plans for a complete withdrawal by January 2025. Chiejina emphasised …

Dangote Petroleum Refinery and Petrochemicals FZE have asked the Federal High Court in Abuja to void import licences issued to NNPC Limited (NNPCL), Matrix Petroleum Services Limited, A. A. Rano Limited, and four other companies for the purpose of importing refined petroleum products that are already being produced by Dangote without shortfalls. In a suit, Dangote Refinery is also seeking …

This was tough to write. My heart resisted it, but I yielded to my head. The petrol in my car, a 2.0-litre 2012 Tokunbo Camry, was at half-tank the day before writing. When pump prices went from 195/litre to 617/litre between May and June 2023, I parked my Jeep and, despite being occasionally mistaken for an Uber driver, opted for the …

The Nigerian National Petroleum Company Limited (NNPCL) is still the sole off-taker of Premium Motor Spirit (PMS), popularly called petrol, from the Dangote Petroleum Refinery despite the recent directive of the Federal Government that other oil marketers were free to start loading PMS from the plant. Oil marketers revealed on Wednesday that NNPCL would continue to be sole off-taker of …

The Nigerian National Petroleum Company Limited (NNPCL) has agreed to sell Premium Motor Spirit (petrol) to members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) at N995 per litre. This followed the intervention of the Department of State Services (DSS) in the controversy between the two parties. The National Vice President of IPMAN, Hammed Fashola, told The PUNCH that …