Tag Archives: NNPC

Q3: Conoil Sustains Profitability With 54% Increase Conoil Plc sustained its impressive performance so far this year with yet an encouraging 54 per cent increase in its Profit Before Tax for the nine-month period ended September 30. The performance of the major fuel marketer showed that it continued to brave the stifling operating environment in the downstream sector of the …

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Don’t panic, no plan to increase petrol price, NNPC assures Nigerians The Group General Manager, Group Public Affairs Division of the NNPC, Muhammad Garba-Deen, has said there was absolutely no plan by the Federal Government to increase pump price of petrol above N145 maximum level. He said a statement people were referring to was made within the context of technical …

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Warri refinery still producing 2.5m litres PMS in spite of militancy — MD …Says kerosine plant 2.2m litres per day Despite the challenges of militancy in Niger Delta, the Managing Director, Warri Refinery and Petrochemical Company (WRPC), Solomon Ladenegan, has said that the company is still producing 2.5 million litres of Premium Motor Spirit (PMS) and 2.2m litres of kerosene daily. …

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Sales of Asset: Nationwide Strike Looms As Oil workers Threaten to Down Tools Barring any last minute change in its decision,  Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) may shut down the country if the Federal Government should carry out its plan to sell national assets to augment revenue shortfall …

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  Labour Vows To Resist Sales of National Assets The Nigeria Labour Congress (NLC) will resist clamour in some quarters to sell national assets such as the Nigeria National Petroleum Corporation (NNPC) and Nigeria Liquefied National Gas (NLNG), factional President NLC, Joe Ajaero has said. According to a statement, Ajaero said: “Congress views with utmost apprehension the recent call on …

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The Nigerian National Petroleum Corporation (NNPC) has paid the sum of N69.544 billion into the Federation Account in March, the corporation’s monthly financial report for March has revealed. According to the report released in Abuja, that amount had brought the total amount paid to the Federation Account for Domestic Crude Oil and Gas and other receipts from April 2015 to …

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Today in Nigeria (TIN) Wednesday 9th March 2016   Death toll in the Lekki, Lagos collapsed building rises to 30 as the Lagos State Government asks the Directors of Lekki gardens to surrender to the police. Workers of the Nigeria National Petroleum Company continue their strike to protest the unbundling of the company which the Federal Government says it is …

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