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NNPC

NNPC Pays N153.01bn Into Federation Account In January

The Nigerian National Petroleum Corporation (NNPC) says it transferred N153.01 billion into the federation account in January. The corporation disclosed this in its Financial and Operations Report for the month of January released in Abuja on Sunday. “Within the period under focus, NNPC transferred N153.01 billion into the Federation Account. “Cumulatively, from January 2018 to January 2019, Federation and JV received N905.45 billion and N658.66 billion respectively, under the column of Naira Payments to the!-->!-->!-->!-->!-->!-->!-->…

Baru Inaugurates AGPC Reconstituted Board

The Group Managing Director of The Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has inaugurated the re-constituted Board of Directors of ANOH Gas Processing Company Limited (AGPC), a company co-owned by Seplat Petroleum Development Company Plc and NNPC. The inauguration of the new board for the ANOH project, which is targeted at delivering 300 million standard cubic feet of gas per day to the Nigerian market, took place at the Nigerian National Petroleum Corporation (NNPC) Towers in Abuja!-->!-->!-->…

Petroleum Products Import: NNPC Saves $2.2bn Through DSDP Scheme

The Nigerian National Petroleum Corporation (NNPC) has said since the launch of the Direct-Sale-Direct-Purchase (DSDP) scheme of petroleum products import, the corporation has been able to save $2.2 billion. The DSDP scheme introduced in 2016 with efficient and cost-effective systems and processes allow the NNPC to allocate a certain volume of crude oil to successful companies, while the companies are required to inject back the equivalent value of different petroleum products to the country. The Group Managing!-->!-->!-->!-->!-->…

NNPC Commended For Promotion Of Public Relations

The Abuja Chapter of Nigerian Institute of Public Relations (NIPR) has commended the Nigerian National Petroleum Corporation (NNPC) for effective deployment of Public Relations (PR) tools and professionals in managing its image and reputation. Dr Tayo Haastrup, the Chairman of Federal Capital Territory Chapter of the NIPR, made the commendation in Abuja during a visit to the Group General Manager, Public Affairs Division of the NNPC, Mr Ndu Ughamadu. He said that the NNPC remained a critical promoter of professional!-->!-->!-->!-->!-->…

Ignore Fuel Scarcity Rumours, ‘We’ve Stocked 1bn Litres Of Petrol’– NNPC

The Nigerian National Petroleum Corporation (NNPC) has allayed the fears of Nigerians over reports of an impending scarcity of petrol in the country. The NNPC, in a statement on Thursday by its spokesperson, Ndu Ughamadu, attributed the rumours to “mischief makers” whose aim was to create panic in the country. The corporation said the rumours were “tales fabricated by mischief makers with intent to create undue panic in the prevailing sanity in the fuel supply and distribution matrix across the country”. “The!-->!-->!-->!-->!-->!-->!-->…

NNPC, 2019 Budget And Baru’s Optimism

It was not the first time the Group Managing Director of the Nigeria National Petroleum Corporation, NNPC, had been upbeat about developments in the country’s oil sector in the last three years. But when he told senators recently that Nigeria would meet the oil production target of 2.3 million barrels of oil per day benchmark used in the 2019 budget, he portrayed a sector that is on a rising curve of growth. Baru, who stated this while appearing before the Senate committee on Finance, disclosed that the corporation had!-->!-->!-->…

Lawyer Threatens To Drag NNPC To Court Over Recruitment Criteria

An Abuja-based lawyer, Mr Pelumi Olajengbesi, has threatened to drag the management of the Nigerian National Petroleum Corporation (NNPC) to court following what he described as “discriminatory” recruitment process. Olajengbesi, in a letter addressed to the Group Managing Director, NNPC, Dr Maikanti Baru, on March 26, vowed to approach the court to ensure protection of the fundamental rights of Nigerians who were qualified to apply but were barred from participating because of age criteria. The News Agency of Nigeria!-->!-->!-->!-->!-->…

NNPC Confident Of Meeting 2019 Oil Production Target – Baru

The Nigerian National Petroleum Corporation (NNPC) has expressed confidence that it would meet the target of 2.3 million barrels of oil per day (MBOPD) benchmark used in the 2019 Midterm Expenditure Framework (MTEF). This was according to the Group managing Director (GMD) of NNPC, Dr. Maikanti Baru, who stated this while appearing before the Senate committee on Finance on Tuesday. Baru, who was represented by NNPC’s Group General Manager, Corporate Planning and Strategy, Mr Bala Wunti, disclosed that the corporation!-->!-->!-->!-->!-->…

NNPC Confirms Fresh Recruitment

The Nigerian National Petroleum Corporation ( NNPC) says it has opened its portal for recruitment of fresh graduates and experienced professionals into the system. Mr Ndu Ughamadu, its Group General Manager, (Public Affairs Division), confirmed this to newsmen in Abuja on Wednesday. He said that the portal for the recruitment was opened on Wednesday. The recruitment portal address is https:/careers.nnpcgroup.com. “The portal was opened today and I have received hundreds of inquiries weather it is correct or not.!-->!-->!-->!-->!-->!-->!-->!-->!-->…

Sale Of NNPC: What Petroleum Unions Said After Atiku Lost To Buhari

The Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, and Petroleum and Natural Gas Senior Staff Association, PENGASSAN, on Friday, congratulated President Muhammadu Buhari on his reelection into office. This was contained in a statement signed by Comrade Francis Olabode Johnson, President of PENGASSAN; Comrade (PRINCE) Williams Akporeha President of NUPENG; Comrade,Lumunba Okugbawa, General Secretary of PENGASSAN and Comrade Afolabi OLawale Ag. General Secretary of NUPENG. Buhari, who polled 15,191,847!-->!-->!-->!-->!-->…
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