Chief Financial Officer of NNPC Ltd., Alhaji Umar Ajiya who addressed newsmen on Monday on the development, said that this was the highest profit declared by the company since inception.
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The meeting held in his office in Abuja, according to a statement by Mohammed Manga, Director, Information and Public Relations in the ministry.
The latest position of the firm on Thursday followed a statement made by its Group Chief Strategy Officer, Aliyu Suleiman.
He spoke at an interactive session of the Senate Ad-hoc committee on alleged sabotage in the Nigerian petroleum industry.
Leaders of the 28 CSOs made the pledge during a tour of the 650,000 bpd world’s largest single train refinery.
The students’ position came amidst alleged efforts by management of the NNPCL to induce the students body’s leadership with $250,000 to dissuade it from going ahead to declare support for Dangote Refinery in the current spat between the refinery and NNPCL.
Enang, a former senator and a lawyer, stated this in an interview on NTA programme Tuesday night in Abuja.
The country’s daily production rose from 1.27 million barrels in June 2024 to 1.6 million in July 2024.
Group Chief Executive Officer of NNPCL, Mele Kyari, declared the state of emergency at the end of June/early July.
Speaking in an exclusive interview with Premium Times on Sunday, the businessman expressed his willingness to sell the refinery to address allegations of monopoly in the industry.
The former GMDs stated their position in a communique issued after their meeting at the former CEOs Forum in Abuja.
The Group Chief Executive Officer of NNPCL, Mele Kyari, said this during an inspection tour of the OB3 pipeline River Niger Crossing operation at Aboh, Delta State on Saturday.
The signing ceremony took place on Monday and was attended by several top shots of the NNPC Limited and Golar LNG.
A report claimed that a forensic audit conducted by a global accounting firm, KPMG, had uncovered a significant discrepancy in the fuel subsidy claims made by the national oil company.
The project, valued at N24.5billion, traverses mangrove forests with seven bridges and five culverts, and connects 14 communities.
The clarification was contained in a statement by its Chief Corporate Communications Officer, Olufemi O. Soneye.
A statement on Sunday by the Chief Corporate Communications Officer of the NNPCL, Olufemi Soneye, confirmed this development.
Under the JV’s Impact First Initiative, the donation, targeted towards enhancing societal welfare, would address areas such as good healthcare and well-being, quality education as well as economic growth within the nation.
The company gave the warning in a statement by the Chief Corporate Communication Officer, Olufemi Soneye in Abuja on Tuesday
The national oil corporation said in a statement that the issues were as a result of logistics problems.