The yet-to-be-named auditor will assist the Office of the Auditor-General of the Federation in determining the real amount owed by the government. This development comes five months after the plan was proposed at the monthly Federation Allocation Accounts Committee meeting in April 2024. NNPC claimed an outstanding of N6tn but was reduced to N2.7tn after […]
Group Chief Executive Officer of NNPCL, Mele Kyari, disclosed this in a keynote address at the opening of the 23rd edition of the Nigeria Oil and Gas Conference and Exhibition Week in Abuja. According to him, a detailed analysis of assets revealed that Nigeria could conveniently produce two million barrels of crude oil per day […]
According to a NNPC documentary between June 15 and 21, about 400 incidents of oil theft and vandalism were reported by both the government and private security agencies. It was said that 69 illegal connections were discovered and disconnected in Bayelsa and Rivers States. It noted that no fewer than eight cases of oil spills […]
This was revealed by the NNPCL boss, as he addressed stakeholders at an engagement between the Nigerian Association of Petroleum Explorationists and the NNPCL in Lagos on Saturday.According to him, 1.7 million barrels per day was a boost from 1.28 million barrels reported in April.According to Kyari, the nation’s crude oil production keeps dropping due […]