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
Abuja, June 20, 2025 – The board of the Nigerian National Petroleum Company Limited (NNPCL) reportedly hired five private jets for a retreat in Kigali, Rwanda, drawing sharp public criticism as the company remains under intense scrutiny over its financial management. Sources familiar with the plan say the delegation, led by Chairman Ahmadu Musa Kida
Abuja, Nigeria – June 17, 2025 The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) have reaffirmed their commitment to deepen collaboration across key areas in the downstream oil and gas sector, particularly the Compressed Natural Gas (CNG) initiative. This resolution emerged during a strategic meeting held
Abuja, Nigeria – June 14, 2025 The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Engr. Bashir Bayo Ojulari, on Friday received a high-level delegation from the Independent Petroleum Producers Group (IPPG) at the Corporation’s headquarters in Abuja. The delegation, led by the IPPG Chairman and Chief Executive Officer of
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a remarkable financial performance for April 2025, declaring a total revenue of ₦5.89 trillion and a profit of ₦748 billion for the month under review. According to a corporate statement released by the national oil giant, the robust earnings reflect improved operational efficiency, higher global
