Tinubu Sacks NNPCL Boss Kyari, Names Ojulari as Replacement

In a sweeping reconstitution of the Nigerian National Petroleum Company Limited board, President Bola Tinubu has removed the chairman, Pius Akinyelure and the Group Chief Executive Officer, Mele Kyari. Consequently, the President appointed Bashir Ojulari as the new CEO, effective from April 2, 2025. Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, revealed the…

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FG, Dangote set for Talks as Refinery Imports 12.6m Barrels

There are indications that the naira-for-crude policy of the Federal Government may continue, as impeccable insider sources familiar with the development insisted on Monday that all parties involved in the deal would reconvene soon. The first phase of the six-month deal involving the Federal Government, Nigerian National Petroleum Company Limited, and Dangote Petroleum Refinery ended…

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PETROAN Lauds NNPCL for Running Port Harcourt Refinery 180 Days Non-Stop

The Petroleum Products Retail Outlets Owners Association of Nigeria has commended the Nigerian National Petroleum Company Limited for successfully running the revamped Port Harcourt Refinery for 180 days non-stop National Public Relations Officer, Dr Joseph Obele, who gave the commendation in a statement on Tuesday, also commended the host communities for their cooperation and support…

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Second Port-Harcourt Refineries undergoing Total Overhaul – NNPCL

The Nigerian National Petroleum Company Limited, NNPCL, says the 150,000 barrels per day, bpd, Port Harcourt Refinery and Kaduna Refinery are currently undergoing a total overhaul designed to meet world-class standards. According to the NNPCL, the rehabilitation done at the 60,000 bpd Port Harcourt Refinery and Warri Refinery was not the typical Turnaround Maintenance, TAM,…

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Analysts Call for Transparency in Oil Sector

By Yetunde Oke Two Public Affairs Analysts have urged federal government and other stakeholder in the petroleum sector to be transparent about their dealings in respect to Port Harcourt and Dangote Refineries. The analysts, Engr. Kemi Babawale and Comrade Ogundele Ayodele, made this know while featuring on Pensioners’ FM Current Affairs Programme, “The Searchlight.” According…

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NNPCL Announces Pump Prices Nationwide After Lifting Dangote Refinery Petrol

The Nigerian National Petroleum Company has released a breakdown of estimated prices of Premium Motor Spirit (Petrol) from Dangote Refinery in retail stations across the country based on September 2024 pricing. The Spokesperson of NNPCL, Olufemi Soneye disclosed this in a statement on Monday. The company confirmed that it is paying Dangote Refinery in United…

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Marketers Eye Direct Deal with Dangote as NNPC Buys N766/litre

Marketers have demanded direct access to Premium Motor Spirit (petrol) from the Dangote refinery, criticising the firm grip of the Nigerian National Petroleum Corporation on the market. The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, said the market should be open for all in line with the willing-buyer and…

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