Tag: NNPCL

  • NNPCL reacts as NDLEA seizes 2,145kg cannabis from branded truck

    NNPCL reacts as NDLEA seizes 2,145kg cannabis from branded truck

    —

    by

    Starnews NG
    in

    By Sunday Ameh The Nigerian National Petroleum Company Limited (NNPCL) has denied ownership of a truck branded with its logo after the National Drug Law Enforcement Agency (NDLEA) intercepted it with 2,145kg of cannabis in Ondo State. The vehicle, registration number MKA 960 XC, reportedly had the cannabis concealed in a secret compartment. In a…

  • NNPCL Raises Petrol Price To N1,270 Per Litre In Abuja

    NNPCL Raises Petrol Price To N1,270 Per Litre In Abuja

    —

    by

    Starnews NG
    in

    By Opeyemi Adelakun The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit, commonly known as petrol, from N1,250 to N1,270 per litre at its retail outlets in Abuja and neighbouring areas. A market survey conducted on Tuesday showed that the state-owned oil company had adjusted its petrol price…

  • SERAP Sues NNPCL Over Alleged Failure To Account For ₦211tn In Oil Funds

    SERAP Sues NNPCL Over Alleged Failure To Account For ₦211tn In Oil Funds

    —

    by

    Starnews NG
    in

    By Opeyemi Adelakun The Socio-Economic Rights and Accountability Project (SERAP) has instituted legal action against the Nigerian National Petroleum Company Limited (NNPCL), accusing the state-owned oil firm of failing to adequately explain and account for ₦211 trillion recorded in its 2023 audited financial statements. According to court documents, the lawsuit, marked FHC/ABJ/CS/1427/2026 and filed before…

  • Dangote Rejects NNPC Move to Increase Refinery Stake

    Dangote Rejects NNPC Move to Increase Refinery Stake

    —

    by

    Starnews NG
    in

    By George Omagbemi Sylvester President of the Dangote Group, Aliko Dangote, has revealed that his company rejected attempts by the Nigerian National Petroleum Company Limited (NNPCL) to increase its ownership stake in the Dangote Petroleum Refinery, saying the decision was aimed at opening future participation to ordinary Nigerians and global investors. Dangote made the disclosure…

  • Senate Summons NNPCL Leadership Over ₦210 Trillion Audit Gap

    Senate Summons NNPCL Leadership Over ₦210 Trillion Audit Gap

    —

    by

    Starnews NG
    in

    By George Omagbemi Sylvester The Nigerian Senate has ordered top executives of the Nigerian National Petroleum Company Limited (NNPCL) to appear before it over an alleged ₦210 trillion discrepancy uncovered in the company’s audited financial records. April 15, 2026 — The Senate Committee on Public Accounts has rejected earlier explanations provided by the NNPCL, insisting…