Nigeria will become steel powerhouse by 2030 – Tinubu
President Bola Tinubu has announced that Nigeria aims to become a major steel producer by 2030, with a goal of producing 10 million tonnes of liquid steel each year. Speaking in Abuja on August 13 at the first steel sector stakeholders’ summit, Tinubu, through Vice-President Kashim Shettima, emphasized that his government is determined to make […]
NNPC declares N905bn profit for June
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced that it sent N6.96 trillion to the Federation Account between January and May 2025. This information was shared in NNPC’s Monthly Report Summary for June, released on Monday. Although the company’s profit for June dropped compared to the previous month, it still recorded N905 billion […]
NNPC Refineries May Never Work Again — Dangote
Africa’s richest man, Aliko Dangote, says Nigeria’s government-owned refineries in Port Harcourt, Warri, and Kaduna may never work again. He explained that even though the Nigerian National Petroleum Company Limited (NNPC) has spent about $18 billion to repair these refineries, none of them are functional. Dangote made this known while speaking to business leaders from […]
Saboteurs are working against corruption-free transformation — NNPC raises alarm
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has raised the alarm, saying that some people are working behind the scenes to stop its new reforms. The company said these people are trying to stop efforts to make NNPC more honest and effective. Since Bayo Ojulari became the new boss of NNPC on April 2, […]
NNPC hikes petrol price to N915 in Lagos, N945 in Abuja
The Nigerian National Petroleum Company (NNPC) has increased the cost of petrol. In Lagos, a litre now sells for N915, while in Abuja, it is N945. This is a jump of N45 in Lagos and N35 in Abuja when compared to the previous prices of N870 and N910 per litre. Other petrol stations are also […]
Kaduna refinery delay unacceptable – PETROAN tells NNPC
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised concerns about the long delay in fixing the Kaduna Refinery. They are calling on the Nigerian National Petroleum Company (NNPC) Limited to give Nigerians a clear date for when the project will be completed. Even though the government has made many promises, the […]
Support staff embark on strike, shutdown Warri Refinery over poor condition of service
Support staff at the Warri Refining and Petrochemical Company (WRPC) in Delta State have gone on an indefinite strike, shutting down the refinery. They are protesting against what they call poor treatment by the company’s management. The protesting workers gathered at the company’s entrance in large numbers, blocking access to the facility. During the protest, […]
Filling stations shut after Dangote Refinery’s petrol price drop
Some fuel stations in Abuja have stopped selling petrol after Dangote Refinery lowered its petrol price to N835 per litre on April 16, 2025. For the past five days, stations like MRS along Kubwa Expressway have been closed. An MRS worker said they are unable to sell their old petrol stock without losing money because […]
Lagos High Court Dismisses Suit By Former NNPC Cooperative President Amid Leadership Tussle, Labels Case ‘Academic’
The Lagos State High Court sitting in Ikoyi has dismissed a case filed by Mr. Ademola Adebusuyi, who used to be the president of the Nigerian National Petroleum Company (NNPC) Staff Co-operative Multipurpose Society Limited. Mr. Adebusuyi went to court because of a disagreement over leadership in the cooperative society. But during the case, the […]
NUPENG, PENGASSAN kicks against external staff recruitment by NNPCL management
Two major oil workers’ unions in Nigeria, NUPENG and PENGASSAN, are unhappy with a recent decision made by the Nigerian National Petroleum Company Limited (NNPCL). The unions are upset because the company’s new leadership plans to hire top managers from outside instead of promoting existing staff. This follows the recent appointment of Mr. Bayo Ojulari […]