Federal Government To Conduct Forensic Audit On NNPCL
Federal Government plans to conduct a forensic audit of the Nigerian National Petroleum Company Limited, NNPCL, soon. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, who revealed this at the ongoing Nigerian Investor Forum in Washington DC, explained that the recent changes in the NNPCL management are part of a broader effort […]
FG Denies Responsibility for Petrol Price Hike
Federal Government says it is not responsible for the recent hike in the pump price of petrol, as it can no longer fix prices of petroleum products. The Nigerian National Petroleum Company Limited had raised the pump price of petrol to over N1,000 across regions in the country, except for Lagos which is N998. Reacting […]
Port Harcourt refinery to begin production by March
The Group Chief Executive Officer, Nigerian National Petroleum Corporation Ltd (NNPCL), Mr Mele Kyari, on Thursday said the Port Harcourt refinery would begin production by end of March. Kyari said this after a meeting with the Senate Ad-hoc Committee, investigating the various Turn Around Maintenance (TAM) projects of Nigerian refineries. On Warri refinery, Kyari said […]