NNPC receives $120.49m crude oil receipt in September  

NNPC receives $120.49m crude oil receipt in September  

  Corporation’s production arm, NNPD lifted zero crude for period All subsidiaries registered surpluses     The Nigerian National Petroleum Corporation (NNPC) has announced it received $120.49 million as total export receipt for crude oil and gas in September 2020. The amount is 16.28 percent higher than the $100.88 million the national oil company received […]

NNPC moves to rehabilitate downstream infrastructure, openscontract bids

NNPC moves to rehabilitate downstream infrastructure, openscontract bids

  96 firms turn in bids for contract Target facilities are crude supply, refined products evacuation pipelines, depots, terminals With 5,120-km pipeline length of 40 years old, experts ask, can NNPC muster the muscle     The Nigerian National Petroleum Corporation (NNPC), the state-own oil company, has opened bids for possible contracts for the rehabilitation […]

Rivers receives N78.9bn refund from FG as Wike plans more projects with funds

Rivers receives N78.9bn refund from FG as Wike plans more projects with funds

  Gov assembles top politicians to commission plethora of road projects But opposition says projects impressionistic, lacking economic growth ingredients     Oil-rich Rivers State has finally received the N78.9 billion federal government refund promised it by PresidentMuhammaduBuhari in May last year, following a federal executive council decision to undertake refunds to five states totalling […]