Tag: NNPC
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Tinubu Increases NNPC Contract Approval Limit to $10 Million
President Bola Tinubu has made some big changes for how contracts get approved for the Nigerian National Petroleum Company (NNPC) Limited.
Now, contracts worth at...
Nigeria has the second-highest oil production costs in the world
Crude oil production is far less expensive in Iran, Saudi Arabia, and war-torn Iraq than it is in Nigeria, the continent's largest oil producer.
Nigeria...
NNPCL Struggles Despite Spending N267.98 Billion on Security
With the Nigerian National Petroleum Company Limited (NNPCL) spending an astounding N267.98 billion on security in just 16 months, the cost of insecurity is...
US-Based PDP Chieftain Shot Dead by Hunter in Osun; AFCON Sets Osimhen for Drug Test – Trending Today
Hello and welcome! In today's trending news stories
1. A prominent People's Democratic Party (PDP) chieftain, Richard Idowu, based in the United States, was accidentally...
EITI Inquiries: 20% NNPC Ownership in the Dangote Refinery and Loan Guaranteed by Crude
The Nigerian National Petroleum Company (NNPC) Limited's 20% stake in the Dangote Petroleum Refinery has drawn criticism from the international Extractive Industry Transparency Initiative...
