Socio-Economic Rights and Accountability Project (SERAP) has urged Mr Mele Kolo Kyari, Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPCL) Limited to “account for and explain the whereabouts of the alleged missing N825bn and $2.5bn meant for ‘refinery rehabilitation’ and other oil revenues, as documented in the 2021 annual report by the Auditor-General of the Federation.” SERAP ...
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NNPCL Slashes Fuel Price To N899 Per Litre
As competition continues in the downstream sector, the Nigerian National Petroleum Company Limited, NNPCL, has slashed the ex-depot price of Premium Motor Spirit, PMS, also known as petrol by 12 per cent to ₦899 per liter, from ₦1,020 per liter. The National President of Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, Dr. Billy Gillis Hary, who confirmed the ...
Read More »$1bn Loan: You Are Misinforming People, Dangote Tackles NNPCL
Dangote Industries Ltd has reacted to numerous inquiries from the media and other concerned stakeholders seeking clarification on a recent report attributed to the Nigerian National Petroleum Company Limited (NNPCL) that their decision to secure a $1 billion loan backed by its crude was instrumental in supporting the Dangote refinery during liquidity challenges. In a statement on Wednesday by its ...
Read More »No Fresh Case Filed Against NNPCL, Others — Dangote
Authorities of Dangote Refinery say there’s no fresh charges filed against the management of the Nigerian National Petroleum Company Limited, NNPCL, as reported in some quarters. In a statement made available to NewsProbe, Dangote said the issue was an old one that started in June and culminated in a matter being filed on September 6, 2024. The statement adds, “Currently, ...
Read More »Dangote Petrol Pricing: NNPC’s Dance Of Deception
By Ifeanyi Izeze We all dream of a better Nigeria, but instead, we are dragged into an endless labyrinth where a privileged few find joy in our collective suffering. It is now glaringly evident that either the Federal Government or NNPC Limited—or perhaps both—are not being entirely truthful about their public spat with the Dangote Refinery. What we witness today ...
Read More »NNPCL Statement On Pricing Of Our Petrol Misleading, Mischievous — Dangote
Dangote Refinery has debunked a statement attributed to the Nigerian National Petroleum Company Limited (NNPCL) spokesperson, Mr. Olufemi Soneye, that it sells it’s Premium Motor Spirit (PMS) at N898 per litre to the NNPCL. Dangote Refinery made its views known on Sunday in a statement by Group Chief Branding and Communications Officer, Anthony Chiejina. It partly reads, “This statement is ...
Read More »NNPCL Trucks Begin Lifting Petrol At Dangote Refinery
A fleet of trucks at the Dangote Refinery, located in the Ibeju-Lekki area of Lagos State, began lifting Premium Motor Spirit, known as petrol, on Sunday. The trucks, belonging to the Nigerian National Petroleum Corporation Limited, were seen in videos posted on the X handle of the Dangote Group. The tweet read, “First set of trucks set for loading of ...
Read More »SERAP Sues Tinubu Over Failure To Reverse ‘Unlawful Petrol Price Hike, Probe NNPCL’
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu over “the failure to direct the Nigerian National Petroleum Company Limited (NNPCL) to reverse the apparently unlawful increase in the pump price of petrol, and to probe the allegations of corruption and mismanagement in the NNPCL.” Joined in the suit as Respondents are the Attorney General ...
Read More »Tinubu’s Oily Mess, NNPC ’s Absurdities And The Mendacity Of Mele Kyari
By Ifeanyi Izeze For God’s sake, the fact that these people are in government or in charge of our public institutions does not mean they love the country more than all of us. And the idea of thinking they always know what they are doing more than the rest of us is what is almost running this country aground with ...
Read More »SERAP Gives Tinubu 48 Hours To Reverse ‘Unlawful Petrol Price Hike, Probe NNPCL’
Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to use his “leadership position and good offices to direct the Nigerian National Petroleum Company Limited (NNPCL) to immediately reverse the apparently illegal and unconstitutional increase in the pump price of premium motor spirit (PMS), also known as petrol, across its retail outlets.” SERAP urged him to “direct the ...
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