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Tag Archives: NNPC

NNPC Assures Local Investors of Support

The Nigerian National Petroleum Corporation (NNPC) would continue to offer unflinching supports to indigenous private investors in the nation’s Oil & Gas Industry. Group Managing Director of the Corporation, Dr. Maikanti Baru, gave this assurance while speaking at the official commissioning of an ultra-modern 300 million-litre capacity tank farm built …

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Court orders permanent forfeiture of Diezani’s 56 houses

The Federal High Court in Lagos on Wednesday ordered the permanent forfeiture of 56 houses linked to a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. The houses, located in Lagos and Port Harcourt, were said to have been acquired by the ex-minister between 2011 and 2013 using front companies. …

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NNPC subsidiary declares N15.8 billion profit after tax in 2016

The Nigerian National Petroleum Corporation, NNPC, says Nigerian Gas Processing and Transportation Company Ltd., NGPTC, one of its subsidiary companies, has declared a profit after tax of N15.81 billion in 2016. The NNPC disclosed this in Abuja on Sunday in a statement by the corporation’s Group General Manager, Group Public …

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NNPC Crisis: Kachikwu keeps mum after meeting Buhari | Photos

Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, on Friday kept mum after meeting with President Muhammadu Buhari behind closed doors at the Presidential Villa, Abuja, Punch reported. The minister who arrived the Presidential Villa around 11.40am for the meeting, left at about 12.50pm. Kachikwu simply said “no comment” …

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