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ndu ughamadu

NNPC To Cut Down Price Of Cooking Gas

The Nigerian National Petroleum Corporation (NNPC) has revealed its plan to reduce the price of Liquefied Petroleum Gas (LPG), also known as cooking gas, nationwide. The implementation was contained in a statement signed by its Group General Manager, Group Public Affairs Division, Ndu Ughamadu, on Thursday, January 10. NNPC, however, explained that the move to stop the export of propane and butane, which are major components in the production of gas, would enable the Corporation boost supply of LPG to the…

Baru Charges NNPC Retail To Attain 30 Per Cent Market Share By 2020

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has charged the Corporation’s downstream company, NNPC Retail, to attain 30% market share from its current 14% by 2020. Dr Baru gave the directive on Tuesday while speaking during the first Triennial Delegates Conference of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in Abuja. According to the NNPC Group General Manager, Public Affairs, Ndu Ughamadu, the GMD said the task must be…

Smear Campaign: Anti-Buhari Group Targets NNPC Baru

As the 2019 election nears, opponents of President Muhammadu Buhari’s re-election bid have intensified their smear campaigns against top appointees of the President to weaken his chances at the poll. The President’s traducers are constantly engaging in one plot or the other aimed at discrediting his administration or those appointed into key positions in the current government. A group named Alliance Against Corruption (ACC) has launched a fresh smear campaign on social media against the Group Managing Director of the…

NNPC Faults Reports On Alleged Performance Probe For 70,000 Staff

The Nigerian National Petroleum Corporation (NNPC) has faulted media reports that it plans to embark on staff performance probe of a purported 70, 000 staff. In a statement on Thursday by its Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, the NNPC said neither does it have staff strength of 70,000 nor it is planning to flag off any performance audit of its staff. ‘‘NNPC has never at a point in its history maintained a 70,000 staff strength and wondered the source of such erroneous information’’…

NLC Strike: No Need For Panic Buying Of PMS – NNPC

The Nigerian National petroleum Corporation (NNPC) has assured motorists that it has adequate petroleum products that will serve the nation, irrespective of the proposed strike by the Nigerian Labour Congress. The Corporation gave the assurance in a statement by its spokesman, Mr Ndu Ughamadu in Abuja on Sunday. “The corporation had 39 days petroleum products sufficiency and about 25 days products availability on land “Motorists and other consumers of petroleum products are assured of adequate stock to meet their…

NIDAS, NNPC Subsidiary Returns To Global Oil Shipping Market

The Nigerian National Petroleum Corporation (NNPC) has announced the re-entry of its subsidiary, NIDAS Shipping Services into the international shipment of crude oil and petroleum products. Coming seven years after its fallout from the global oil freighting trade, NIDAS has established a robust chartering and operation desk in its UK office as a first step to regain its market position, and also help the company secure sea-going vessels from the spot market to herald its market re-entry and foster strong competitive edge.…

No Plans To Increase Fuel Price, NNPC Says

The Nigerian National Petroleum Corporation (NNPC) has debunked claims that it plans to increase the pump prices of petroleum products, especially, Premium Motor Spirit, PMS. This was contained in a statement made on Tuesday in Abuja by the NNPC Group General Manager, Group Public Affairs, Mr. Ndu Ughamadu. The statement reads: “The Federal Government has no plan to review prices of white products either downwards or upwards. “Since October 2017, NNPC had been the sole importer of petrol into the country as the Oil…

Falana Lauds NNPC’s Innovative Healthcare Project

Nigerian Human Rights activist Femi Falana has applauded the Nigerian National Petroleum Corporation for the ongoing medical intervention project designed to provide in-country availability of first-rate healthcare services. The Senior Advocate of Nigeria commended the corporation at the 40th-anniversary celebration of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in Abuja. According to the statement issued by Group General Manager Group Public Affairs Division Ndu Ughamadu, Falana…

NNPC Pipeline Fire Kills Dozens In Abia

An unconfirmed number of people have been killed in a fire outbreak from an oil pipeline along the Osisioma axis near Aba. The Nigerian National Petroleum Corporation (NNPC), which reported the incident on Friday, said the inferno occurred near Aba Depot in its System 2E pipeline network. According to the corporation, the incident might have been caused by suspected oil thieves who had hacked into the line to intercept flow of petrol from Port Harcourt to Aba. Group General Manager, Group Public Affairs Division,…

NNPC Posts $416m Oil And Gas Export Revenue

The Nigerian National Petroleum Corporation (NNPC) has announced $416.07 million total revenue on oil and gas export in June 2018, up 35.78 percent higher than the previous month. This was contained in a statement signed by Ndu Ughamadu, its spokesman, indicating that crude oil export revenue contributed $274.95 million exceeding the contribution in the previous month by roughly $244.72million while the export Gas sales amounted to $141.12million, However, a total of 744million standard cubic feet of gas per day…
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