Tag: #NNPCL
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COURT ADJOURNS DANGOTE PETROLEUM REFINERY’S SUIT AGAINST NNPCL OVER OIL IMPORT LICENCE DISPUTE TO NOVEMBER 5
The Federal High Court in Abuja has adjourned the hearing of a lawsuit filed by Dangote Petroleum Refinery and Petrochemicals FZE against Nigeria National Petroleum Company Limited (NNPCL) and others concerning oil import licences. The hearing, initially scheduled for Wednesday, was postponed due to the presiding judge Justice Mohammed Umar’s absence, as he was sitting…
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SENATE COMMITTEE SAYS NNPCL RESPONDED TO 19 AUDIT QUERIES, REVIEW PENDING
Senate Public Accounts Chair, Sen. Aliyu Wadada, confirms NNPCL has replied to all 19 audit questions covering 2017-2023, including concerns over a staggering N210 trillion yet to be accounted for. The committee is set to review the responses thoroughly before making any public declarations. Wadada also flagged issues beyond finances, such as opaque production sharing…
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NNPCL AIMS FOR $60BN INVESTMENT TO EXPAND NIGERIA’S GAS INFRASTRUCTURE
Nigeria targets major gas expansion to boost industrialisation and cement its role in global energy. NNPCL CEO Bayo Ojulari announced plans to attract $60 billion in investment over the next 5-7 years to scale natural gas production to 12 billion cubic feet per day and increase refinery capacity. Key projects include the AKK pipeline, LNG…
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NIGER DELTA YOUTH LEADERS SUSPEND MASS ACTION AGAINST NNPCL FOR PEACE TALKS
Niger Delta ethnic youth leaders hit pause on protests, eye dialogue to resolve grievances with Nigeria’s oil giant. The Niger Delta Ethnic Nationalities Youth Leaders Forum announced a temporary suspension of their planned mass action against NNPCL following stakeholder interventions. The forum issues remain: refinery shutdowns, job cuts, and regional marginalization. Leaders emphasize their cause…
