Fuel Price Surge Deepens Hardship for Nigerians Amid Global Oil Crisis
By Jumoke Abubakar The recent surge in petroleum prices across Nigeria is being felt most acutely by ordinary citizens, as rising fuel costs continue to strain household incomes and small businesses. Analysts attribute the increase partly to the ongoing conflict between the United States and Iran, which has disrupted global oil supply and pushed crude […]
Musa Kida Hails Nwabali, Eagles’ Bronze Finish
By Arinzechi Chukwunonso Engineer Ahmadu Musa Kida, Chairman of the Nigerian National Petroleum Company Limited (NNPCL), has celebrated the Super Eagles’ dramatic victory over Egypt in the third-place match of the 2025 Africa Cup of Nations in Morocco. Nigeria defeated the seven-time African champions 4–2 on penalties after regulation time, securing the bronze medal […]
Kida Praises Super Eagles Resilience Despite Semi-Final Defeat
By Arinzechi Chukwunonso Nigeria’s Super Eagles have been praised for their performance at the 2025 Africa Cup of Nations, despite losing to host nation Morocco in the semi-final. The commendation came from Engineer Musa Kida, Chairman of the Nigerian National Petroleum Company Limited and President of the Nigeria Basketball Federation, who wrote to the […]
Fuel Price Hike: NNPCL Raises Petrol Price to N992
By: Aremu Toyeebaht The Nigerian National Petroleum Company Limited (NNPCL) has once again adjusted the pump price of Premium Motor Spirit (PMS), also known as petrol, from ₦865 to ₦992 per litre, triggering fresh public concern over the lack of transparency in fuel pricing and government communication. As of Monday, no official reason had been […]
Oil Workers Warn of Economic Collapse, Naira Crash if FG Sells JV Assets
By Chinedu Echianu The Nigerian economy could face imminent collapse and the naira may fall to as low as ₦5,000 to a dollar if the federal government goes ahead with plans to sell its stakes in joint venture oil partnerships, oil workers have warned. The alarm was raised Tuesday in Abuja by the Presidents of […]
Niger Delta Forum Condemns Arewa Youths’ Attack on NNPCL Official
By Chinedu Echianu The Niger Delta Professionals Forum (NDPF) has come out swinging against a recent statement by a group calling itself “Arewa Youths,” accusing them of peddling falsehoods against the Chief Financial Officer (CFO) of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Adedapo Segun. The Arewa Youths had called for Segun’s sack and […]
NNPC refutes claims of Port Harcourt refinery sale
By Aremu Toyeebaht The Nigerian National Petroleum Company Limited (NNPC Ltd) has debunked speculations about privatizing the Port Harcourt Refining Company (PHRC), pledging instead to raise additional funding to complete the multi-billion-naira rehabilitation project of Nigeria’s major refineries. Group Chief Executive Officer, Bayo Ojulari, made this clarification during a company-wide town hall meeting at the […]
NNPCL Remits N10tn to Federation Account in 2024 – Kyari
By Oluwakemi Kindness The Nigerian National Petroleum Company Limited (NNPCL) on Wednesday revealed that it remitted N10 trillion to the Federation Account as of September 2024. The Group Chief Executive Officer of NNPCL, Mele Kyari, who stated this, said this is alongside N3.5 trillion in dividends after taxes and revenue for the 2024 fiscal year. […]
NNPCL Refutes Claims of Selling Adulterated Products
By Oluwakemi Kindness The Nigerian National Petroleum Company Limited (NNPC Ltd) on Thursday insisted that it does not deal with adulterated petrol. This is as the NNPCL discredited a video clip of someone pouring a dark liquid which he claims to be Premium Motor Spirit (PMS) purportedly bought from an NNPC Retail outlet at […]
Rep Doguwa Commiserates With Mele Kyari over daughter’s death
By Oluwakemi Kindness The Chairman, House of Representatives Committee on Petroleum Resources (Upstream), Alhassan Ado-Doguwa, on Friday commiserated with the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari over the passing of his daughter, Fatima. In a statement Doguwa personally signed on Friday, he also extended his condolences to […]