Nnpcl in a sentence

During the press conference, Comrade Enaji highlighted accomplishments attributed to Mele Kyari's leadership at NNPCL.

Earlier, counsel to the NNPCL, Mr Kehinde Ogunwumiju (SAN) from Afe Babalola and Co., and other defendants had challenged the jurisdiction of the court to determine the suit.

Facts have emerged that contrary to reports due process was followed in securing the Nigeria National Petroleum Company Limited (NNPCL) in the $3 Billion Afrieximbank Loan.

He awarded N5bn damages against Buhari and NNPCL in favour of Ararume for the wrongful sack and the disruption of his appointment.

He called on Lagos State Government, whose duty it is to protect lives and properties within its jurisdiction, to be proactive in protecting the NNPCL pipelines, within the state.

He said only a ‘price war’ inspired by the participation of more importers alongside NNPCL would make the price of products find their natural levels.

Information Nigeria reports that NNPCL is currently the sole importer of petrol into Nigeria, a task which it had shouldered for several years.

Mr Edwin noted that the Nigerian National Petroleum Company (NNPCL), which is a shareholder in the project, cannot supply the refinery until November.

NAN reports that on November 1, 2022, the House ad hoc committee investigating the structure and accountability of the Joint Venture Businesses and Production Sharing Contracts of the NNPCL began probing oil companies accused of tax evasion.

Nigerian National Petroleum Company Limited, NNPCL, has said it has restored 275, 000 barrels of oil per day production.

NNPCL also announced that Nigeria would become a net exporter of refined petroleum products by next year, going by efforts to revamp its refineries.

The Minister of State (Gas), Petroleum Resources, Ekperipe Ekpo, and senior management officials of the NNPCL as well as other top security personnel were part of tbe team.

The Naval Spokesperson pointed that the vessel has no NNPCL or any other regulatory approval to serve as an AGO storage facility.

The Nigeria Labour Congress (NLC) has urged the Federal Government to immediately instruct the Nigerian Petroleum Company Ltd (NNPCL) to withdraw the just released pricing template to allow free flow of discussions by the parties.

This development comes a few days after reported that NNPCL was prospecting for crude oil in more locations across the north, after discovering the commodity in Bauchi and Gombe states.

When contacted, the spokesperson for the NNPCL, Garba-Deen Muhammad, told our correspondent that the firm had nothing to hide and would answer any question from the Reps members.

When your son applies to CBN, NNPCL, will he get a job based on merit?

While efforts should be intensified towards the actualization of adequate local crude oil refining, the NNPCL should do everything to secure its pipelines in the short run.

With respect to gas-to-power debts, the non-payment of NNPCL’s share of upstream joint venture gas supplied to the government-owned plants had led to the accumulation of indebtedness of N174.07 billion by the Federation.

According to a statement, the company said the fresh one million barrels of crude was its fourth consignment to be delivered to the refinery out of the six million barrels expected from NNPCL.