FG lost 148,533m Litres Of PMS To Diversion–Baru

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, on Thursday disclosed that the nation lost about 148,533000 million litres of fuel to diversion during the December fuel crisis in Nigeria.  Speaking at an investigative public hearing by a Joint Senate and House of Representatives Committees on Petroleum Downstream, at the National […]

NNPC Distributes Over 1.3 Billion Litres Of Petroleum Products

…Supplies over 252 billion Cubic Feet of Gas The Nigerian National Petroleum Corporation (NNPC) through its Downstream subsidiary, the Petroleum Products Marketing Company (PPMC), sold and distributed a total of 1.352.86 billion (one billion three hundred and fifty-two million and eight six thousand) litres of white products across the country in October, 2017. Details of […]

NNPC, DPR Uncover Illegal Fuel Reservoirs In Abuja

A combined team of the Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR) and security agents on Sunday uncovered illegal reservoirs of fuel in Abuja.  Speaking at the site of the mini depot, the Group Managing Director of the NNPC, Dr Maikanti Baru, said it was saddening to make such discoveries in the city center […]

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NNPC Attains 98% Automation Of Crude Oil Marketing Operations

… Says It Can Account for Every Barrel of Oil Sold in Nigeria The Nigerian National Petroleum Corporation (NNPC) has achieved 98 per cent automation of all transactions involving the supply, marketing and sale of the various grades and blends of Nigeria’s crude oil across the world. Group General Manager, Crude Oil Marketing Division of the […]

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NNPC To Establish 4600MW Power Plants In FCT, Other States

…As Niger Governor Applauds Baru’s Stewardship The recently approved contract for the construction of Ajaokuta-Abuja-Kaduna-Kano Gas Pipeline project, dubbed AKK Pipeline, has started yielding early benefits with the commitment by NNPC to build power generating plants with combined capacity of 4600 megawatts in Abuja, Kaduna and Kano States. The NNPC’s Group Managing Director, Dr. Maikanti […]

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Senate panel seeks liquidation of NNPC

The Senate committee on Finance on Tuesday recommended the liquidation of state-run oil firm, the Nigeria National Petroleum Corporation (NNPC) over huge funds unaccounted for. A member of the committee, Senator Yusuf Abubakar Yusuf, lamented financial leakages being perpetrated by revenue generating agencies as part of the reason why budgets are not properly funded. The […]

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NNPC Assures of Petroleum Products Supply Nationwide

…Fuel Queues Return To Lagos, Persist In Abuja, Others …As Oil Workers Begin Strike Today …Fuel Scarcity Ploy By FG To Hike Price–Fayose The Nigerian National Petroleum Corporation (NNPC) has assured motorists and other petroleum products consumers not to engage in panic buying. According to statement posted on its site, the Corporation said that relevant […]

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NNPC Assures Local Investors Of Support As Multi-Million Naira Tank Farm Opens In Ogun State

The Nigerian National Petroleum Corporation (NNPC) would continue to offer unflinching supports to indigenous private investors in the nation’s Oil & Gas Industry. Group Managing Director of the Corporation, Dr. Maikanti Baru, gave this assurance while speaking at the official commissioning of an ultra-modern 300 million-litre capacity tank farm built by a local private investor, […]

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Fuel Queues: Baru Rushes Back Home

In a bid to salvage the fuel supply and distribution challenges witnessed in some parts of the country due to panic buying from motorists, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kacalla Baru, Tuesday, cut short his trip to London. Dr. Baru, who was billed to receive the Forbes […]