#Nigerian National Petroleum Company

[morganablenewsmedia]

Dangote Will Only Sell Petrol To NNPC — FG

Dangote Will Only Sell Petrol To NNPC — FG Sales And Distribution Commence Today Federal Government of Nigeria, through the Minister of Finance and Coordination Minister of the Economy, Wale Edun, revealed on Friday that the distribution of Premium Motor Spirit (petrol) will start on Sunday. This disclosure was made by the Executive Chairman of the Federal Inland Revenue Service (FIRS), Zacch…

[saynaija]

No Plan To Remove Kyari – NNPCL

No Plan To Remove Kyari – NNPCL The Nigerian National Petroleum Company Limited says there is no plan to remove the Group Chief Executive Officer of the company, Mele Kyari. The spokesperson of the NNPC, Olufemi Soneye, stated this in a chat with our correspondent on Friday. Following the major shakeup in the company on Wednesday, an international newspaper reported that Kyari might be…

[premimtimes]

SSS gives NNPCL, marketers, others 48 hours to end fuel scarcity across the country

SSS gives NNPCL, marketers, others 48 hours to end fuel scarcity across the country

The State Security Service (SSS) has given the Nigerian National Petroleum Company Limited (NNPCL) and other relevant organisations in the oil sector 48 hours to end the lingering fuel scarcity across the country. The spokesperson of the Service, Peter Afunanya, stated this at a press conference on Thursday in Abuja. He disclosed SSS had a closed-door meeting with the relevant organisations in…

[solarpunkbusiness]

Meet the Nigerian women spearheading solar projects

32-year-old green energy entrepreneur Yetunde Fadeyi will never forget what inspired her to start a clean energy company in Nigeria.

As a six-year-old, Fadeyi’s best friend, Fatima, was killed by carbon monoxide poisoning in her Lagos home, along with her father and pregnant mother.

“She often came over for sleepovers. But that day she didn’t,” says Fadeyi. “It was the time that they were stealing people’s generators, so they kept [the generator] in an enclosed area and by the time it was morning they were dead.”

After a childhood in Lagos plagued by intermittent electricity, a degree in chemistry and training in solar panel installation, Fadeyi started Renewable Energy and Environmental Sustainability (REES). The non-profit is dedicated to climate advocacy and providing clean energy to poor communities in rural Nigeria.

Bringing solar energy to Nigeria’s poorest homes

Since its inception in 2017, REES Africa has provided solar energy to over 6,000 people in the poorest parts of Nigeria, funded by grants and philanthropic donations.

It supplies solar microgrids, which generate energy through solar panels and store them in battery banks for distribution. The small grids bring high quality, cheap and constant power to up to 100 homes each, powering light bulbs, radios, sockets and other low energy appliances.

Fadeyi says that energy companies don’t see any potential for profit in poor and marginalised communities. With around 40 per cent of Nigerians living below the national poverty line, it’s up to companies like Fadeyi’s to fill the gap for now.

Professor Yinka Omoregbe is hoping to bridge this energy gap as CEO of Etin Power, providing energy to offgrid communities using mini solar grids. She brings a wealth of experience to the role as a former national advisor on the reform of Nigeria’s petroleum sector and a former state attorney general.

In its first year, Etin Power provided electricity to over 5,200 people in three neglected coastal communities in Edo State, southern Nigeria. While the results so far are small, Omoregbe’s ambitions are far bigger.

We will have proven that it is possible to profitably give green energy to vulnerable communities.”

[lboogie1906]

Kenule Beeson “Ken” Saro-Wiwa (October 10, 1941 – November 10, 1995) was a Nigerian writer, television producer, environmental activist, and winner of the Right Livelihood Award for “exemplary courage in striving non-violently for civil, economic, and environmental rights” and the Goldman Environmental Prize. He was a member of the Ogoni people, an ethnic minority in Nigeria whose homeland, Ogoniland, in the Niger Delta, has been targeted for crude oil extraction since the 1950s and which has suffered extreme environmental damage from decades of indiscriminate petroleum waste dumping. Initially as spokesperson, and then as president, of the Movement for the Survival of the Ogoni People led a nonviolent campaign against environmental degradation of the land and waters of Ogoniland by the operations of the multinational petroleum industry, especially the Royal Dutch Shell company. He was an outspoken critic of the Nigerian government, which he viewed as reluctant to enforce environmental regulations on the foreign petroleum companies operating in the area.

At the peak of his non-violent campaign, he was tried by a special military tribunal for allegedly masterminding the gruesome murder of Ogoni chiefs at a pro-government meeting, and hanged by the military dictatorship of General Sani Abacha. His execution provoked international outrage and resulted in Nigeria’s suspension from the Commonwealth of Nations for over three years. #africanhistory365 #africanexcellence

[gurutrends]

Petrol Price Hike And Fuel Scarcity Update For November 24th, 2024

As Nigerians continue to express frustration over the recent hike in fuel prices by the Nigerian National Petroleum Company (NNPC) Limited, Gistreel provides updates on petrol scarcity, fuel price adjustments, and reactions from the government and citizens. The Dangote Petroleum Refinery has criticized the Federal Government for failing to meet its commitment to supply crude oil under the…

[smlblogtv]

Latest Petrol Price Hike News, Update On Fuel Scarcity For November 24th, 2024

As Nigerians continue to groan over the recent increase in fuel prices by the Nigerian National Petroleum Company (NNPC) Limited, Naija News brings you the latest update on petrol scarcity, fuel price increase and Govt/citizens’ reactions. Fuel Scarcity Looms As Dangote Accuses NNPCL Of Supplying ‘Peanuts’ For Petrol Production The Dangote Petroleum Refinery has revealed that the Federal…

[rovingnaija]

NNPCL Partners With Stakeholders to Develop Nigerian Football

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has pledged to work closely with stakeholders in the sports sector to develop and commercialise the game of football in Nigeria. The Group Chief Executive Officer (GCEO) of NNPC Ltd., Mr. Mele Kyari, made the commitment while receiving a delegation from the National Sports Commission, the International Management Group (IMG) and…

[andronetalks]

Nigeria's Richest Man Confronts "Oil Mafia" With New $20B Refinery

Zero Hedge BY TYLER DURDENTHURSDAY, NOV 21, 2024 – 05:00 AM By Alex Kimani of OilPrice.com Two months ago, Nigeria’s beleaguered energy sector witnessed a very significant event: the Dangote Oil Refinery began producing gasoline and selling it domestically to Nigeria’s state oil firm, Nigerian National Petroleum Company (NNPC), marking the first time in decades Africa’s largest oil producer is…

[morganablenewsmedia]

Tinubu Is Arrogant – PDP

Tinubu Is Arrogant – PDP As He Fails To Address Economic Woe Playing opposition in the game of politics is always a welcome devise which prevents the ruling party from being ‘autocratic’ which may result into one-party state if not checkmated. The People’s Democratic Party (PDP) is known to be the major opposition party to the ruling party, All Progressive Congress (APC), due to tight contests…

[saynaija]

NNPCL To Sell Dangote Petrol At ₦950/Litre In Lagos, ₦1,019 in Borno

NNPCL To Sell Dangote Petrol At ₦950/Litre In Lagos, ₦1,019 in Borno The Nigerian National Petroleum Company Limited has said that it will sell the petrol lifted from the Dangote Refinery for nothing less than ₦950 per litre in Lagos. The NNPCL spokesperson, Olufemi Soneye, disclosed this on Monday, in a statement titled, ‘NNPC Ltd Releases Estimated Pump Prices of PMS from Dangote Refinery…

[tracknews1]

JUST IN: Fuel Prices Begin To Drop Amid Deregulation

As of November 19, 2024, Nigerians are feeling the impact of a recent fuel price hike by the Nigerian National Petroleum Company (NNPC). However, there are signs of some relief. The Independent Petroleum Marketers Association of Nigeria (IPMAN) has pointed out that the deregulation of the country’s oil sector is starting to drive down petrol prices. This is mainly due to increased competition…

[akeliciousmedia]

NNPCL Admits Challenges Delaying P’harcourt Refinery Take-off

Barely two months after the September completion deadline flop, the Nigerian National Petroleum Commission has explained why it could not deliver the much-awaited Port Harcourt Refinery Company. In an interview with our correspondent on Monday, the NNPC Chief Corporate Communications Officer, Olufemi Soneye, said the company encountered risks and challenges while carrying out the rehabilitation,…

[lboogie1906]

Folorunso Alakija (July 15, 1951) is a Nigerian businesswoman who is involved in various industries such as fashion, oil, and printing. She is known for being one of the richest Black women in the world.

She was born in Ikorodu, Lagos State. She was from a sizable family due to her father, Chief L.A. Ogbara, having been married eight times and fathering 52 children. Alakija was his second surviving child and her mother, a fabric merchant, was his first wife. At the age of seven, she and her younger sister Doyin were sent to study abroad at Dinorben School for Girls in Northern Wales. The pair of sisters attended the school for four years before they returned to Nigeria at the request of their parents, who did not want the girls’ African values, traditions, and culture to be lost. She continued her studies at Muslim High School in Sagamu, Ogun State, Nigeria. She ventured abroad again, this time to Pitman’s Central College in London to pursue an education in secretarial studies.

She began working in Lagos as an executive secretary and worked at FinBank for several years. She studied fashion design in the UK for one year. She established Supreme Stitches, her fashion house, in a three-bedroom apartment in Surulere, Lagos. She was one of the best designers in the country and became recognized for endorsing Nigerian culture through her works and clothing.

She expanded her business interests and applied for the allocation of an oil prospecting license in May 1993. Her company, Famfa Limited, was granted the license to explore for oil on a 617,000-acre block, known as OPL 216. She entered into a joint venture agreement with Star Deep Water Petroleum, a subsidiary of Texaco, and appointed the company as a technical advisor for the exploration of the license. Some 40 percent of her 100 percent stake was transferred to Star Deep.

She married Modupe Alakija (1976), a lawyer and the couple raised four boys together. She is known for her philanthropic work through the Rose of Sharon Foundation. She was appointed as the vice chairman of the Nigerian National Heritage Council and Endowment for the Arts. #africanhistory365 #africanexcellence

[gurutrends]

Nigeria’s Petroleum Company NNPC Exports 950,000 Barrels Of Utapate Crude To Spain

  The Nigerian National Petroleum Company Limited (NNPCL) has exported its first cargo of 950,000 Utapate barrels of crude to Spain.   Utapate crude oil is produced from the Utapate field in OML 13 in Akwa Ibom State, Nigeria. It is similar to the Nembe crude oil grade.   It has a low sulphur content of 0.0655% and a low carbon footprint due to flare gas elimination, fitting perfectly into the…

[smlblogtv]

‘Why Cooking Gas Price Won’t Crash Despite Export Ban’

Despite the November 1, 2024, implementation of a ban on Liquefied Petroleum Gas (LPG) exports, Nigerians may not witness a substantial decrease in cooking gas prices, experts say. The ban, aimed at stabilizing prices and boosting local availability, requires domestic producers, including the Nigerian National Petroleum Company Limited (NNPCL), to halt LPG exports or import equivalent volumes at…