$20bn needed yearly to achieve 2027 economic target -Edun
December 21, 2024
ASCSN urges Govt to reverse electricity tarrif Comrade Tommy Okon, the National President of ASCSN, has urged the federal government to reverse the electricity tarrif back to N66 per kWh from N225. On April 3, the Nigerian Electricity Regulatory Commission (NERC) approved an increase in electricity tariff[Read More…]
Fuel Queues to be cleared May 1 – NNPC The Nigerian National Petroleum Company (NNPC) Limited has said that the ongoing shortfall in supply of petroleum products and queues for the products will cleared by May 1. The Chief Communications Officer, NNPCL, Olufemi Soneye, disclosed this to[Read More…]
NNPC assures Nigerians: no increase in petrol prices The Nigerian National Petroleum Company (NNPC) Limited has assured citizen that the prices of petroleum products are not changing. The NNPC in a statement on Thursday by its Chief Corporate Communication Officer, Femi Soneye, urged Nigerians not calm down ànd avoid panic[Read More…]
NNPC, First E&P commence production at OML 85, target 20,000 bpd The Nigerian National Petroleum Company (NNPC) Limited and its joint venture partner in oil mining lease (OML) 85, First Exploration and Petroleum Development Company Limited (First E&P) have commenced oil production from the asset, also known as Madu field.[Read More…]
At UNGA, NNPC Becomes 1st State-owned oil Firm To Join UN Global Compact The Nigerian National Petroleum Company (NNPC) Ltd. has signed up as a participant of the United Nations Global Compact, thereby becoming the first state-owned oil company to join the global initiative. In a short ceremony on[Read More…]
NNPC advocates for strategic balance in managing Energy transition The Chief Upstream Investment Officer, NUIMS, NNPC Ltd., Bala Wunti has emphasised the need for a balance in managing energy transition. He made the disclosure at the 46th edition of the Nigeria Annual International Conference and Exhibition (NAICE) held[Read More…]