NNPC: Nigerian govt approves N2.5bn, $32m for pipeline installations.

The Nigerian Senate on Tuesday set up a committee to investigate the alleged unauthorized withdrawal of $1.05 billion by the Nigerian National Petroleum Corporation, NNPC, from the account of the Nigerian Liquefied Natural Gas company, NLNG.

Senate President Bukola Saraki has faulted reported use of $1.05billion, by the Nigeria National Petroleum Corporation (NNPC), from its dividends from the Nigeria Liquefied Natural Gas (NLNG) for fuel subsidy.

The Senate Committee on Gas today, Thursday, 19th July, 2018 issued a five day ultimatum to the Nigeria National Petroleum Company (NNPC) as well as oil and gas companies involved in the execution of the Obite-Ubeta-Rumuji (OUR) and North Option Pipeline (NOPL) Gas Pipelines Projects to appear before the committee or risked a warrant of arrest.

Reps attacks NNPC, speaks on high-profile corruption issues in a corporation.

NNPC partners Customs to curb smuggling of petroleum products.

NNPC, Belema oil present scholarships to Rivers community.

Senate orders NNPC to clear fuel queues in 7 days.

Fuel scarcity - NNPC GMD insists pump price stands at N145 per litre.

Economic diversification - NNPC prioritises 12 areas to support the government.

Fuel scarcity - NNPC assures Nigerians of sufficient product.

$9.8m Scandal: More trouble for ex–NNPC GMD, Andrew Yakubu as EFCC tenders fresh evidence.