The chief executive officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has said that Nigeria will become a net exporter of petroleum products by 2024, meaning that Nigeria seeks to achieve high production volumes that will enable increased export value of petroleum products than imports. Kyari, while speaking on Monday during the…
The chief executive officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, on Tuesday, said that market forces was behind the increase in petrol pump price from N540 to N617 per litre. The Informant247 had earlier reported that the price of Petroleum Motor Spirit, PMS, jumped from N539 to N617 per litre in…
Nigerian President Asiwaju Bola Ahmed Tinubu, on Monday, met with Ms Zoë Yujnovich, the Shell Global Upstream Director, at the StateHouse in Abuja. It was gathered that the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, was also at the meeting. The meeting is the first engagement of…
Mele Kyari, The Group Managing Director of Nigerian National Petroleum Company Limited, has stated that President Bola Ahmed Tinubu has concluded an arrangement to repair one of the four refineries and make it operational at an optimal level before the end of this year. Kyari, while making the revelation during his visit to the party…
The Nigerian National Petroleum Company Limited (NNPCL) has said that the Federal Government is owing NNPCL to the tune of N2.8 trillion in fuel subsidy payment deficit. Mele Kyari, the Group Chief Executive Officer (GCEO) of NNPCL, disclosed this on Tuesday while addressing the journalists at the Presidential Villa, Abuja, after meeting with President Bola…
The Nigerian National Petroleum Company Ltd says the oil drilling campaign has resumed at the Wadi-B located in Jere Local Government Area of Borno State. The development is coming after it stopped the drilling in Wadi-B in 1995 due to hitches and weak findings made during the period that were not in commercial quantity. Mele…
Mele Kyari, the Group Chief Executive Officer, Nigerian National Petroleum Corporation Limited (NNPCL) has promised that the lingering fuel scarcity will ease off next week Kyari stated this in a video clip shown on Channels Television on Tuesday evening, saying, although he could not assure that the queues at the fuel stations would disappear, but…
Mele Kyari, the Group Managing Director, NNPC Limited has said that the company is putting proper measures in place to end current fuel crisis in the country. Kyari said that with the efforts made do far, there’s hope that will show significant relief, if not the elimination of the current situation within the next one…
The Nigerian National Petroleum Company (NNPC) Limited has said it will begin drilling of the first oil well in Nasarawa State in March 2023, in continuation of its oil exploration activities in the country’s inland basins. Mallam Mele Kyari, the Group Chief Executive Officer of the Company, who disclosed this when the Governor of the…
