As Nigeria’s Federal Government gears up for a comprehensive review of its refining assets in 2025, insiders at the Nigerian National Petroleum Company Limited (NNPCL) signal a potential move to sell its state-owned refineries in Warri, Port Harcourt, and Kaduna. This decision stems from persistent challenges tied to underperformance, massive capital expenditure, and a renewed
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has once again been honoured with the prestigious Equality in Energy Award at the 24th edition of the NOG Energy Week held in Abuja, Nigeria. This recognition reaffirms NNPC Ltd.’s steadfast commitment to promoting inclusivity and gender equality within Nigeria’s energy sector. The award, which was also
Abuja, July 2, 2025 — The Nigerian National Petroleum Company Limited (NNPC Ltd.) has recorded a major milestone in the ongoing construction of the Ajaokuta–Kaduna–Kano (AKK) gas pipeline as the critical crossing beneath the River Niger has been successfully completed. This feat, which marks a key achievement in the 614-kilometre-long project, brings the multi-billion-dollar infrastructure
Abuja, July 1, 2025 — The 24th NOG Energy Week Conference and Exhibition commenced on a high note as the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Engr. Bashir Bayo Ojulari, officially declared the exhibition segment open. The opening ceremony, which held earlier today in Abuja, was marked
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has raised alarm over what it describes as a well-orchestrated sabotage campaign aimed at discrediting its leadership and undermining the reforms currently underway in the nation’s oil and gas sector. In a statement released by the company’s Chief Corporate Communications Officer, Olufemi Soneye, NNPC claimed that certain
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has accused a corrupt syndicate of circulating false narratives to undermine its ongoing anti-corruption efforts. The company’s Chief Corporate Communications Officer, Olufemi Soneye, dismissed the fabricated claims as malicious propaganda aimed at wrecking NNPC’s reputation and scaring off investors. Soneye clarified that these spurious reports are being
The Nigerian National Petroleum Company Limited (NNPCL) has once again come under public scrutiny following its failure to honour an invitation from the Senate Committee on Public Accounts investigating financial discrepancies amounting to a staggering N210 trillion, reportedly uncovered in its audited financial reports spanning 2017 to 2023. Despite a formal summons, the NNPCL failed
ABUJA, Nigeria – June 2025 The Nigerian Senate has issued a renewed 10-day ultimatum to the Nigerian National Petroleum Company Limited (NNPC Ltd) to provide detailed explanations and documents regarding the alleged non-remittance of ₦210 trillion in revenue. This comes after the Senate Committee on Public Accounts firmly rejected NNPC’s request for a two-month extension
The Nigerian Senate has issued a 10-day ultimatum to the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, demanding a detailed explanation regarding an alleged ₦200 trillion in unaccounted government revenue linked to the state-owned oil corporation. This directive followed revelations by the Senate Committee on Public Accounts during
Femi Soneye, the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), has officially resigned from his position, marking the end of a key chapter in the state-owned energy giant’s communications and public relations leadership. Though the circumstances surrounding his resignation are yet to be formally disclosed by the company, sources within
