Tag: NNPCL
₦200tn Funds: Again, NNPCL Boss Fails To Appear Before Senate Committee
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has again failed to appear before the Senate Committee on Public Accounts, despite a 10-day ultimatum issued to him over unaccounted funds totaling ₦200 trillion. Instead of appearing in person, the NNPCL GCEO sent representatives to the hearing on Thursday….
NNPCL Raises Alarm Over Impersonators Demanding Money From Investors
The Nigerian National Petroleum Company Limited has alerted the public to the activities of some fraudsters impersonating it and demanding money from investors. A statement on Monday by the NNPCL spokesman, Olufemi Soneye, stated that the individuals solicited fees for meetings with the NNPCL board of directors, executives, and management staff, saying the actions were…
BREAKING:FG Meets With Dangote Officials, Says Naira-For-Crude Still In Effect
Nigerian Government on Wednesday announced that the sale of crude oil in naira to Dangote and other refineries in Nigeria will continue as long as the initiative aligns with the public interest and supports national economic objectives. The decision to continue with the initiative, which initially came to an end on March 31 this year,…
Tinubu Sacks Kyari, Appoints Ojulari As New NNPCL CEO
President Bola Tinubu has approved the reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the Chairman, Chief Pius Akinyelure and the Group Chief Executive Officer, Mallam Mele Kyari. In a statement by Special Adviser to the President (Information & Strategy), Bayo Onanuga, in the early hours of Wednesday, Tinubu removed all other…