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
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
Mr. Olufemi Soneye, Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), has been named Spokesperson of the Year 2025 by the Nigerian Institute of Public Relations (NIPR) during the prestigious National Spokespersons Awards held in Abuja on April 17. Earlier this year, Soneye secured the Distinguished Spokesperson in Oil and Gas
The Economic and Financial Crimes Commission (EFCC) has uncovered a staggering ₦80 billion in multiple bank accounts linked to a former managing director of one of the Nigerian National Petroleum Company Limited (NNPCL) refineries, as part of an ongoing investigation into an alleged $2.9 billion fraud involving the rehabilitation of Nigeria’s moribund refineries. The anti-graft
In a significant move to bolster economic cooperation and transparency, the Ministry of Petroleum Resources, alongside three key agencies under its supervision, recently participated in the International Monetary Fund’s (IMF) Article IV Consultation in Nigeria. The agencies involved were the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA),
The Nigerian National Petroleum Company Limited (NNPCL) has announced the appointment of a new senior management team comprising eight members, tasked with steering the company’s operations and strategic direction. The company also reshuffled key management positions to enhance its operational efficiency. A statement from the company’s spokesperson, Olufemi Soneye, revealed the development on Friday, noting
