Nigerian National Petroleum Corporation (NNPC)
Nigeria misses out on N2.2trn oil revenue in 4 months as NNPC fails to produce enough crude oil for export
Nigeria lost a significant revenue windfall due to its inability to increase oil production output and capitalize on rising crude oil prices in recent months.
Nigeria, other African countries hit jackpot as Europe rushes to Africa for gas supply
Russia’s invasion of Ukraine has created a huge energy crisis in Eastern Europe as more countries boycott Russian gas and oil and look up to Africa to fill it.
Nigeria has highest gas reserve in Africa, worth $800trn, says FG
The Nigerian government has said that the value of the country’s gas deposits stands at about 206.53 trillion cubic feet, estimated at $803.4trn the biggest.
In five years, Nigeria earned $1195.11 billion exporting crude oil
Statistics from the CBN reveal that Nigeria earned about $195 billion exporting crude oil between 2017 and 2021 but experts say Nigeria could have earned more.
Bukola Saraki says Nigeria is broke, makes shocking revelation over fuel subsidy
Former Senate President Bukola Saraki has revealed that over 70 million litres of fuel are stolen daily under the administration of President Muhammadu Buhari
NNPC announces over N370bn revenue from gas sale in one year, provides monthly breakdown
Despite the massive reduction in oil revenue to the coffers of the government NNPC has revealed how it made over N370 billion exporting gas to other countries.
After several controversies, NNPC reveals quantity of oil lost to criminals between January and April 2022
The Nigerian National Petroleum Corporation on Thursday, April 7, said that the country has lost about $1.5 billion to oil theft and vandalism since January.
How true is Pastor Adeboye's claim that Nigeria loses 80% of oil production to theft?
A new report has verified the veracity of the two major claims made by Pastor Enoch Adeboye of the RCCG, regarding the Nigerian oil industry and debt service.
Port Harcourt leads as report shows NNPC spends over N63bn Maintaining Nigeria's 3 Idle refineries
Despite importing all of its petrol, the Nigerian National Petroleum Corporation has continued to spend billions to keep its dormant refineries operational.
Nigerian National Petroleum Corporation (NNPC)
Load more