Tag Archives: NNPCL

Mele Kyari Denies EFCC Custody Rumour, Says He’s Taking Well-Deserved Rest

Former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has dismissed reports alleging that he is in the custody of the Economic and Financial Crimes Commission (EFCC), describing the claims as “mischief” and “disinformation.” In a statement posted on his verified X (formerly Twitter) account, @MKKyari, Kyari expressed dismay over the circulation of what …

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5 Things You May Not Know About NNPCL New Boss, Bashir Ojulari

In a major shake-up of the Nigerian National Petroleum Company Limited (NNPCL), President Bola Tinubu has appointed Bashir Ojulari as the new Group Chief Executive Officer (GCEO), effective April 2, 2025. Ojulari’s appointment comes as part of a broader restructuring aimed at enhancing operational efficiency, boosting investor confidence, and driving economic growth in the oil and gas sector. While many …

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NNPCL Imports Over 200 Million Litres Of Petrol In February Despite Refinery Overhaul

A confidential report exclusively obtained by Nairametrics from a reliable source tracking the movements of motor tanker vessels, which monitors cargo tanks entering the country, revealed that the Nigeria National Petroleum Company Limited (NNPCL) has imported 159,000 metric tons of Premium Motor Spirit (also known as petrol) between February 1, 2025, and February 12, 2025.

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Market Set to React as NNPCL Raises Fuel Price to N998 Per Litre

The Nigerian National Petroleum Company Limited (NNPC Ltd) has increased the price of Premium Motor Spirit (PMS), commonly known as petrol, from N855 to N998 per litre. This price hike, announced on Wednesday, represents a 12.7% increase, or an additional N113 per litre. The increment has been rolled out across all NNPC Ltd filling stations, according to media reports. Meanwhile, …

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Tinubu reappoints Mele Kyari GCEO, NNPCL

The Nigerian President Bola Tinubu has approved the appointment of a new Board and Management team for the Nigerian National Petroleum Company Limited (NNPCL) with effect from December 1, 2023. The re-appointment was in allignment with Section 59 (2) of the Petroleum Industry Act, 2021. Recently it was announced that the NNPCL would end importation of petrol into Nigeria at …

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