
Nigerian National Petroleum Corporation (NNPC)







The Nigeria National Petroleum Company has vehemently denied allegations that it operates a secret accounts without the knowledge of the Federal Government.

The eight oil producing states in Nigeria are entitled to a 13 per cent of the monthly derivation fund from federation account as provided by the constitution.

Shell Petroleum Development Company will soon resume pumping crude oil through the Trans-Niger pipeline which was destroyed in Bodo,Rivers State this week.

Organization of Petroleum Exporting Countries (OPEC) has revealed for the third time that Nigeria is no longer the largest oil production, surpassed by Angola.

Trouble is brewing for Nigeria's economy as villagers in Rivers community as oil pipeline transporting about 300,000 barrels has been broken by the community.

The N48bn surveillance contract awarded by the NPPC to an ex-militant Mr. Government Ekpemupolo aka Tompolo has been greeted with another round of criticism

Oil workers in Nigeria have threatened to shut down oil production due to federal government's inability to tackle oil theft in the Niger Delta area of Nigeria.

The NNPC has reported no single revenue from crude oil sales in July for the first time in history, since Nigeria govt starts exporting despite huge demands.

Top oil companies are ignoring Nigeria for Libya after recently overtaking as Nigeria's government policies uncertainties and security issues continue to impede
Nigerian National Petroleum Corporation (NNPC)
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