*Observers fault reluctance in remitting to Federatio *Subsidiaries generate billions annually *NNPC world’s most opaque firm – Sanusi Chuks Isiwu…
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Oritsegbubemi Omatseyin Lagos — The Nigerian National Petroleum Company Limited, NNPC, says it will collaborate with the Nigeria Extractive Industries Transparency Initiative, NEITI, and…
Sam Ikeotuonye Lagos — The nine oil-producing states in Nigeria received N22.86 billion as 13 percent oil derivation fund for the…
(ANALYSIS) – Nigerian spending on gasoline imports has soared – Imports are more than double Nigeria’s needs – NNPC says…
London — On July 19, 2022, the Nigerian government made an official announcement confirming the complete transformation of the Nigerian…
OpeOluwani Akintayo Lagos — The Nigerian National Petroleum Company, NNPC Limited has said it will remit N322.45bn crude oil proceeds…
– Governors kick OpeOluwani Akintayo Lagos — State oil firm, the NNPC has said it would deduct N270.83bn from what…
…Govt pays N1.2trn for petrol subsidy in 11 months OpeOluwani Akintayo Lagos — The Nigerian National Petroleum Company Limited, NNPC’s,…
Ike Amos Dublin, Ireland — The Nigerian National Petroleum Corporation, NNPC, spent N75 billion on the rehabilitation of refinery in…
OpeOluwani Akintayo Lagos — Despite having announced an end to petrol subsidy payment in March last year, data from the…