Kachikwu gave the assurance during an official visit to the Petroleum Products Pricing Regulatory Agency on Tuesday in Abuja
Browsing: Nigerian National Petroleum Corporation
Subsidy on petrol was stopped in January after the review of the pricing template of the product by the government
Kachikwu apologised to Nigerians over a comment credited to him by media
Sale Abdullahi, the Chairman of the NNPC Branch of the Petroleum and Natural Gas Senior Staff Association, made the disclosure in an interview with the News Agency of Nigeria in Abuja on Thursday
The workers, under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria and the National Union of Petroleum and Natural Gas Workers, met with Kachikwu, who is also the Group Managing Director of the NNPC, on Wednesday
Kachikwu, who is also the Group Managing Director of the Nigerian National Petroleum Corporation, made this known while fielding questions from State House correspondents
Their grievance was the unbundling of the NNPC into seven units by the Federal Government
According to the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, five of the seven units will be strictly business-focussed in line with global best practices of national oil companies
Victor Adeniran, NNPC’s Group Executive Director, Commercial and Investment, disclosed this while during a monitoring tour of filling stations in Abuja on Saturday
He stated this in his remarks at the 2016 Annual Oloibiri Lecture Series and Energy Forum organised by Society of Petroleum Engineering, Nigeria Council.
Adeniran spoke on Friday in Ilorin, the Kwara State capital, when he led the NNPC team on a courtesy visit to Governor Abdulfatah Ahmed of Kwara State
Analysis of the figures revealed that the NNPC earned gross revenue of N2.07 trillion, while it recorded expenses of N2.31 trillion during the period
The Minister of State for Petroleum Resources and the Group Managing Director of the Corporation, Dr. Ibe Kachikwu, made this known when he received the House of Representatives Committee on Petroleum Downstream at the NNPC Towers in Abuja during their oversight visit to the Corporation
Adeosun, who was represented by the Permanent Secretary of the Ministry of Finance, Mahmoud Isa-Dutse, announced this while addressing newsmen on the outcome of the Federation Accounts Allocation Committee meeting
This was contained in a statement signed by Ohi Alegbe, the Group General Manager, Group Public Affairs Division of the NNPC, on Wednesday in Abuja
NNPC’s subsidiaries expected to submit their audited accounts are the Nigerian Petroleum Development Company, the Nigerian Petroleum Investment and Management Service and the Nigeria Liquefied Natural Gas among others
NNPC owes its Joint Venture partners $2.839 billion, about N567.76 billion, between January and November 2015
Ahmed said while filling stations owned by the Nigerian National Petroleum Corporation will sell at N86, others would at N86.50k per litre
The Minister of State for Petroleum, Dr. Emmanuel Ibe Kachikwu, broke the news to journalists at the Port Harcourt Refinery Company in Port Harcourt, Rivers State, where he spent Christmas inspecting the plant
The minister noted that he issue of funding, which had been identified as a major challenge to the sector, would be addressed with adequate collaboration with the private and international investors