Tag: NNPC
NNPC pledges to deliver Maiduguri power project on schedule
FRI 01 OCT, 2021-theGBJournal- The Borno State Governor, Prof. Babagana Umara Zulum has described the groundbreaking ceremony of the Maiduguri & Environs Emergency Power...
President Buhari appoints Senator Ararume Board Chairman of the new NNPC...
… Directs incorporation of the new company
SUN 19 SEPT, 2021-theGBJournal- President Muhammadu Buhari, in his capacity as Minister of Petroleum Resources, has directed...
NNPC’s PMS under-recovery costs estimated to settle at N1.63 trillion
SAT 04 SEPT, 2021-theGBJournal- According to the data obtained from the Nigerian National Petroleum Corporation (NNPC), the corporation incurred NGN756.99 billion as PMS under-recovery...
President Buhari announces profit after tax of N287 Billion in 2020...
FRI 27 AUG, 2021-theGBJournal- In fulfillment of an earlier pledge by the Federal Government to publicly announce the financial position of the Nigerian National...
Nigeria’s gas penetration drive receives major boost as NNPC, KDSG, sign...
…As Kyari assures gas supply will revamp industries
FRI 27 AUG, 2021-theGBJournal- Nigeria’s domestic gas penetration aspirations have received a major boost as the Nigerian...
Kyari, NNPC GMD clarifies revenue projection for 2022-2024 revenue framework
… The GMD provided a base oil price scenario in the medium term as follows: $57 per barrel for 2022, $61 per barrel for...
NNPC scores impressive N43.57bn trading surplus in April amid robust gains...
MON 09 AUG, 2021-theGBJournal- The Nigerian National Petroleum Corporation (NNPC) has announced a trading surplus of ₦43.57bn in April 2021 representing a 23.64% increase...
The rehabilitation of the Port Harcourt Refinery does not make economic...
By Oduche Azih
SAT 07 AUG, 2021-theGBJournal- This is a basic economic fact, not because Dr Pat Utomi said so. Hence we cannot claim to...
Quick Take: NNPC income and subdued FAAC remittance
SAT 07 AUG, 2021-theGBJournal- The Nigerian National Petroleum Corporation (NNPC) is set to withhold NGN117.41 billion from the three tiers of government this month...
Fitch Ratings puts focus on positive long-term effects of the Petroleum...
WED 04 AUG, 2021-theGBJournal- Fitch Ratings- The passage of Nigeria’s proposed Petroleum Industry Bill (PIB) could have positive long-term effects for both Nigeria’s public...








