Dangote Applauds Tinubu’s NNPCL Appointments, Distances Refinery Battle from New Leadership

Dangote Applauds Tinubu’s NNPCL Appointments, Distances Refinery Battle from New Leadership

President of Dangote Group, Aliko Dangote, has commended President Bola Tinubu for appointing what he described as a “capable leadership team” at the Nigerian National Petroleum Company Limited (NNPCL), following his weekend visit to the president in Abuja. Dangote specifically praised the appointments of Bashir Ojulari as Group Chief Executive Officer and Ahmadu Kida as…

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JUST IN: NNPC Terminates Managing Directors of Port Harcourt, Warri, and Kaduna Refineries

JUST IN: NNPC Terminates Managing Directors of Port Harcourt, Warri, and Kaduna Refineries

The Nigerian National Petroleum Company Limited (NNPC Ltd) has decisively removed the Managing Directors of its three key refineries: Port Harcourt, Warri, and Kaduna. The reasons for this significant leadership change have not been publicly stated; however, sources confirm that this action is a critical part of a strategic initiative aimed at restructuring and enhancing…

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“No fuel price increase, no panic buying,” says IPMAN and NNPC.

“No fuel price increase, no panic buying,” says IPMAN and NNPC.

There have been reports of a rumoured plan to increase the price of petrol, also known as Premium Motor Spirit (PMS), to N1,200 per litre. The Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Nigeria National Petroleum Company Limited (NNPCL) have advised Nigerians not to panic-buy and have dismissed the reports of the planned…

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Tinubu Warns New NNPCL Board: “I Won’t Tolerate Non-Performance”

Tinubu Warns New NNPCL Board: “I Won’t Tolerate Non-Performance”

President Bola Tinubu has warned the Board of the Nigerian National Petroleum Company Limited (NNPCL) that non-performance will not be tolerated. The President, who inaugurated the Board of the NNPCL at the State House on Monday, also warned that conduct suggesting a sense of entitlement will not be tolerated. According to a statement by presidential…

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Refineries were not established to reduce the price of petrol, Kyari Says before the Senate

Refineries were not established to reduce the price of petrol, Kyari Says before the Senate

The CEO of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, appeared before the joint committee on appropriations 48 hours after being summoned by the Senate. During the hearing, he explained that while a reduction may be possible, it is not the main objective of the refineries. The NNPCL boss was given a 24-hour…

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