Tag: NNPC

NNPC raises fraud alert on crude oil allocation letter scams
Scams

NNPC raises fraud alert on crude oil allocation letter scams

The Nigerian National Petroleum Corporation has raised a scam alert on crude oil allocation letter scams perpetrated to defraud unsuspecting business men. Alerting the general public to the scam, the NNPC’s Group Managing Director, Dr. Maikanti Baru, said the activities of the international fraudsters had created an unnecessary distraction for […]

NNPC raises alert on recruitment scam
Scams

NNPC raises alert on recruitment scam

The Nigerian National Petroleum Corporation, NNPC, said a certain recruitment scam purportedly carried out by the corporation is being perpetrated on the Internet. The NNPC in a stern statement said it is dissociating the corporation from the recruitment scam and any exercise currently advertised on social media and blogs. A […]

Ifeanyi Ubah says NNPC owes his firm NGN16 billion
Energy

Ifeanyi Ubah says NNPC owes his firm NGN16 billion

The Chairman of Capital Oil, Dr Ifeanyi Ubah has said the Nigerian National Petroleum Corporation (NNPC) is owing his company NGN16 billion. He revealed at public hearing organised by the house of representatives committee on petroleum downstream in Abuja. The house committee is investigating the alleged disappearance of 82 million […]

NNPC promises steady product supply
Energy

NNPC promises steady product supply

The Nigerian National Petroleum Corporation (NNPC) has vowed that despite challenges in the downstream petroleum sector, it would leave no stone unturned to ensure adequate petroleum products availability in all parts of the Country. NNPC Group Managing Director, Dr. Maikanti Baru, stated this today at the end of the 24th, […]

NNPC crashes diesel price nationwide by 42%
Energy

NNPC crashes diesel price nationwide by 42%

The price of Automotive Gas Oil (AGO), also known as Diesel, has crashed to about 42% nationwide, a huge downslide over the last six months, following key strategic interventions by the Nigerian National Petroleum Corporation (NNPC). It would be recalled that in the first quarter 2017, retail prices of AGO, […]