… Disowns social media depiction of ‘leaking NNPC retail truck’ in motion
NNPC Retail Limited, the downstream subsidiary of the Nigerian National Petroleum Corporation, with stake in supply and distribution of petroleum products has embarked on nationwide audit of its field operation to ensure all delisted trucks are in compliance with the requirement to remove the company’s logo and other brand attributes.
The controversial haul of cash in local and foreign currencies recovered by the Economic and Financial Crimes Commission (EFCC) from a residential apartment at Osborne Towers, Ikoyi, Lagos, is part of the N57.2 billion released to the National Intelligence Agency (NIA) by the Nigerian government in February 2015, PREMIUM TIMES can report.
The Nigerian National Petroleum Corporation (NNPC) on Thursday confirmed the disengagement of officials linked with missing 130 million litres of petrol.
UGO AMADI, Assistant Business Editor
Products supply and distribution have received a major boost following the resumption of loading activities by the Nigerian National Petroleum Corporation (NNPC) at its Mosimi Area depot in Ogun State, last weekend.
The Nigerian National Petroleum Corporation, NNPC, has said the recent increase in bridging allowance to transporters from N6.20 to N7.20 per litre will not lead to an increase in the pump price of petrol or Premium Motor Spirit, PMS, from the prevailing price of N145 per litre.
The British Government will release information about Nigerians, who own property in that country next year.
Ifeanyi Ubah, the owner of Capital Oil, has on Thursday been arrested and detained by Nigeria’s Department of State Services (DSS).
NIGER DELTA, NIGERIA-JULY 2009-In Bolo creek, the villagers are bunkering the oil from Shell facilities and refining it to sell it on the black market. Around 30 to 40 illegal refineries can be found all over the creek. The strong presence of the militants is keeping away the army and the police allowing the villagers to work freely. (Photo by Veronique de Viguerie/ Getty Images)
The Nigerian National Petroleum Corporation, NNPC, has described the interplay between members of the executive and the legislative arms of government as an indispensible element of the democratic process with potential positive spin-off effect on the oil and gas industry in the country.