Tag: NNPC
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NYCN Commends NNPC for proactive measures to tackle contaminated fuel scarcity
The National Youth Council of Nigeria (NYCN) has commended the Nigerian National Petroleum Company (NNPC) on its handling of the contaminated petrol motor spirit (PMS) and scarcity of the product experienced across Nigeria in recent times. The NNPC had revealed that the scarcity was occasioned by the importation of adulterated fuel by suppliers. Addressing a…
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Queues: No need for panic buying of PMS — NNPC
The Nigerian National Petroleum corporation (NNPC) has cautioned motorists not to engage in panic buying of Premium Motor Spirit (PMS) also known as petrol, assuring of normalcy in the supply of petroleum products. Dr Kennie Obateru, the Group General Manager, Group Public Affairs Division, who disclosed this to the News Agency of Nigeria (NAN) in…
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NNPC cuts loss by 99.7% – Report
The Nigerian National Petroleum Corporation (NNPC) says it has recorded a 99.7 per cent reduction in its loss profile from ₦803billion in 2018 to ₦1.7billion in 2019. NNPC disclosed this in its 2019 Audited Financial Statement (AFS), released by Dr kennie Obateru, spokesman for the corporation, in Abuja, on Thursday. It will be recalled that…