LAGOS MAY 31ST (NEWSRANGERS)-President Muhammadu Buhari has approved the reconstitution of the board of the Nigerian National Petroleum Corporation (NNPC). This was announced in a statement by presidential spokesperson Femi Adesina on Thursday. The reconstitution followed the expiration of the term of the board members appointed in 2016. Members of the new board are: Mohammed…
LAGOS FEBRUARY 13TH (NEWSRANGERS)-The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kyari has expressed disappointment with the state of power generation in Nigeria. Speaking at the Nigeria International Petroleum Summit which provided opportunity for the signing of a $1.1 million grant between Nigeria and the United States Trade and Development Agency (USTDA) as part-funding for…
LAGOS JANUARY 10TH (NEWSRANGERS)-The Nigerian Navy has arrested 20 security officials securing the Nigerian National Petroleum Corporation (NNPC) over alleged construction of over 310 illegal oil wells. Those arrested including officials of the Nigeria Security and Civil Defence Corps (NSCDC) were said to have been involved in the syphoning of petroleum products in the country….
LAGOS DECEMBER 30TH (NEWSRANGERS)-Refineries under the management of the Nigerian National Petroleum Corporation stayed dormant for three consecutive months as they processed no drop of crude oil, latest report on the operations of the facilities has shown. An analysis of the consolidated operations of the refineries showed that the plants were dormant in July, August…