NNPC
Nigerian government commends NNPC, partners for coronavirus interventions
The Secretary to the Government of the Federation and Chairman of the Presidential Taskforce on Covid-19, Boss Mustapha, yesterday, commended the Nigerian National Petroleum Corporation (NNPC) for her unwavering support and several medical interventions, geared towards providing a lasting solution to the novel coronavirus pandemic in Nigeria. According to a statement by the NNPC, Mustapha stated that the gesture showed the corporation as the hallmark of a national oil company. The NNPC noted that Mustapha gave this commendation while receiving 20 ventilators donated by Ocea S.A, a France based company through the NNPC, to bolster the fight against COVID-19 in Abuja. It added that Mystrose Defence Systems Limited presented the donation to the NNPC on behalf of Ocea S.A. to bolster the fight...
Akwa Ibom governor commends ExxonMobil’s donations
Gov. Udom Emmanuel of Akwa Ibom has commended ExxonMobil for donating equipment and items worth millions of naira to curb the outbreak of coronavirus pandemic in the state. Emmanuel, who was represented by Dr Emmanuel Ekuwem, Secretary to the State Government, gave the commendation in Uyo on Saturday. He expressed the government’s profound appreciation to ExxonMobil for the kind gesture and for demonstrating its pride of place as Akwa Ibom’s number one corporate partner. “The items received would be a significant support boost to the state government’s effort to contain the scourge of the COVID-19 pandemic in the state,” the governor said. ExxonMobil’s donation included WHO-standard RNA COVID-19 test kits for 1,920 tests, 1000 units of samples collection kits, two brand new ambulances and ...
Minister lauds NNPC, offers land for hospital
As the battle against COVID-19 rages, the Minister of Federal Capital Territory Administration (FCT), Mr Muhammad Musa Bello, has commended the leadership of the Nigerian National Petroleum Corporation (NNPC) for rallying the oil and gas industry to support the nation to defeat the pestilence. Speaking at the NNPC Towers during a courtesy call on the Group Managing Director on Thursday, the Minister said he was impressed with the quality of interventions coming from the NNPC-led oil and gas industry coalition. Bello, who also commended the GMD for his sterling performance since assumption of office, said the FCT Administration had been holding discussions with the NNPC Medical team on the possibility of developing a healthcare facility in Abuja for the benefit of all residents and other Ni...
National Assembly leadership meets finance minster over 2020 budget amendment
The Leadership of the National Assembly on Thursday met with the Minister of Finance, Budget and National Planning to be briefed by the latter on the plan by the Federal Government to amend the N10.59 trillion 2020 budget passed by the National Assembly in December last year. The meeting which had in attendance principal officers from both chambers, was presided over by the President of the Senate, Ahmad Lawan, and the Speaker of the House of Representatives, Femi Gbajabiamila. The Senate President, in his welcome address told the Executive arm of Government to ensure that the interest of Nigerians remains protected in the proposed cut to the 2020 national budget. Lawan also expressed the willingness of the Federal lawmakers to expeditiously consider the proposed amendment to the 2020 budg...
President Buhari urges stakeholders commitment as NLNG signs Train 7 project construction
Nigeria LNG Limited (NLNG), Bonny, Rivers state, says it has signed Engineering, Procurement and Construction (EPC) Contracts for much-anticipated Train 7 Project with the SCD JV Consortium, comprising affiliates of Saipem, Chiyoda and Daewoo. The development signifies the commencement of the Detail Design and Construction phase of the project expected to increase the capacity of NLNG’s current six-train plant by 35% from the extant 22 Million Tonnes Per Annum (MTPA) to 30 MTPA. Tony Attah, Managing Director, NLNG, said, “The award of the EPC Contracts clearly demonstrates our Shareholders’ determination and resolve to sustain the economic dividends NLNG’s monetization of our vast natural gas reserves offers Nigeria” Group Managing Director (NNPC) and a Director on the NLNG Board, Mele Kya...
Nigeria governors meet Wednesday on quick way out of coronavirus effects
The Nigeria Governors’ Forum says it will meet on Wednesday to review the situation of COVID-19 pandemic in various states, and as well find paths for a quick way out of the effects of the pandemic. The forum made this known in a statement by Abdulrazaque Bello-Barkindo, NGF Head, Media and Public Affairs, in Abuja on Tuesday. Bello-Barkindo said issues to be discussed at the 8th teleconference meeting, according to the invitation sent from the NGF Director-General, Mr Asishana Bayo Okauru, include update from the Presidential Task Force on COVID-19. He also listed a new initiative codenamed CACOVID-Volunteer Health Workers Support Scheme to States, including a consideration for a CACOVID–Healthcare Training Proposal, among others. Bello-Barkindo said: “The state governors will also take a...
Edo marketers defy petrol price reduction
AHA Taxis Independent petroleum Marketers within Benin metropolis in Edo, have continued to dispense petrol at N125 per litre in deference to the recently announced pump price of N108 per litre. It would be recalled that the Nigerian National Petroleum Corporation (NNPC) on Wednesday announced a reduction in the ex-depot price of petrol to N108 per litre This was the second time the NNPC has dropped the price of petrol after its first reduction on March 19, 2020, to N125. However, investigation shows that filling stations across Benin, the capital city of Edo, still maintained their old pump price of N125 per litre. Speaking in separate interviews on Saturday, motorists lamented that five days after the directive, all the filling stations, including the NNPC Mega station, had refused to ad...
PDP rejects N108 ex-depot fuel price, insist on N70 pump price
The Peoples Democratic Party, PDP, has rejected the new ex-depot price of N108 per litre of the Premium Motor Spirit insisting on a new pricing template that must accommodate a pump price of between N60 to N70 per litre to reflect the crash in the price of crude oil and petroleum products in the international market. The party described the N108 ex-depot price as fraudulent and a far cry from the appropriate pump price template that should not exceed N70 given the prevailing situation in the international oil market. In a statement issued by the national publicity secretary of the party, Kola Ologbondiyan, the PDP maintained that the N108 ex-depot price with a projected additional N9 per litre Expected Open Market “completely unacceptable to Nigerians.” The statement read: “The federal gov...
Petrol to sell at N117 per litre as PPMC cuts ex-depot prices
AHA Taxis The Petroleum Products Marketing Company (PPMC), Wednesday, slashed the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, to N108 per litre, a move reflecting the drop in crude oil prices. It is also expected to result in a lower pump price at petrol stations by end of this week. In a memo to oil marketers and other stakeholders in the petroleum marketing business, dated May 5, 2020, with the subject: ‘Re: PPMC Petroleum Products Prices for May 2020,’ the PPMC also slashed the ex-depot price of Automotive Gasoline Oil, also known as diesel, to N164 per litre for depots in Lagos and N166 per litre for depots in Oghara, Calabar, Port Harcourt, among others. The indicated that the new prices would take effect from May 5, 2020. The ex-depot price is the price at whi...
