The Group Chief Executive Officer of NNPC Ltd, Mele Kyari has said that the world recognizes Africa as the next destination of providing greater support to the global energy market, recognizing Nigeria’s position as the largest producer of oil and gas in the continent. Kyari disclosed this while delivering an address on the theme “Africa’s…
NNPC Shipping, Stena Bulk, Caverton Launch New Joint Venture … Partnership To Boost Nigeria, Africa’s Energy, Maritime Sectors The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk, and Caverton Marine Limited have today announced the signing of a new joint venture that will transform Nigerian maritime transportation. The agreement, signed in London last week, aims to create a new tanker operation serving Nigeria and West Africa’s crude oil, refined product and…
The Federal Ministry of Works (FMoW) and the Federal Ministry of Communications, Innovation, and Digital Economy (FMoCIDE) have established a Joint Standing Committee on the Protection of Fiber Optic Cables to address the persistent issue of fiber optic cuts and damages caused by road construction and rehabilitation activities. These disruptions have had a significant negative…
…Talks on Fuel Quality Just Drama, Bad Marketing Antics,  …Insists NNPC Ltd Didn’t Import Products This Year  …Says Importation a Standard Industry Practice Worldwide The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has flayed talks about the existence of sub-standard fuel in the country, describing it as unfortunate drama and bad marketing practice. Kyari, who was speaking while fielding questions at a fireside chat during the 60th Nigeria Mining & Geosciences Society (NMGS)…
The Nigerian Communications Commission (NCC), pursuant to its power under Section 108 of the Nigerian Communications Act, 2003 (NCA) to regulate and approve tariff rates and charges by telecommunications operators, will be granting approval for tariff adjustment requests by Network Operators in response to prevailing market conditions. The adjustment, capped at a maximum of 50…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) extends its heartfelt condolences to the victims of the tragic petrol tanker explosion that occurred at Dikko-Maje Junction along the Abuja-Kaduna Road in Suleja Local Government Area of Niger State on Saturday. This devastating incident claimed the lives of several individuals who were attempting to scoop fuel…
Dr Doyin Okupe, who served as Spokesman for former President Olusegun Obasanjo and Goodluck Jonathan has apologised to the Group CEO of the Nigerian National Petroleum Corporation Limited (NNPCL), Mr. Mele Kyari, for his dismissal of his leadership and skepticism of the ability of the NNPCL to deliver on its promises. A public statement issued…
The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd) has been drawn to reports in a section of the media alleging that the Old Port Harcourt Refinery which was re-streamed two months ago has been shut down. We wish to clarify that such reports are totally false as the refinery is fully operational…
The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved funding worth EUR 28 million to build solar power plants in Gassi and Lamadji, Chad. This is part of the Bank’s Desert to Power program to increase energy access across Africa. The funding includes EUR 20 million in direct support, combining a…
The Board of Directors of the African Development Fund – the African Development Bank Group’s concessional financing window – approved a donation of $9.42 million to Madagascar to implement climate resilience through the Preservation of Biodiversity in National Parks Project. The grant, agreed on 18 December 2024 in Abidjan, comes from the Climate Action Window, a mechanism of the Fund,…
