“Apart from its N77 trillion debt, it also owes the NNPC Limited about N2.4 trillion for past subsidies.

Source: https://www.informationng.com/2023/06/fg-in-unsustainable-debt-be-supportive-as-tinubu-rolls-out-interventions-onanuga-to-nigerians.html

As at the time Mr President took over, precisely May, 29, we were actually at the point of default, and NNPC was facing imminent illiquidity because we kept carrying the subsidy burden.

Source: https://blueprint.ng/president-tinubus-subsidy-pronouncement-saved-nnpcl-from-bankruptcy-kyari/

Asks NASS to commission forensic audit The Nigerian National Petroleum Corporation (NNPC), yesterday, told the Senate that the claim by a news medium in the country that 48 million barrels of crude oil was missing, was false and misleading.

Source: https://www.newtelegraphng.com/oil-gas-fg-canvasses-more-investments-from-spain/

At Karshi road, only three stations including Forte Oil, Conoil and Best Albino (Black Market) were selling fuel at between N180 and N285, while NNPC Limited Outlet in Karu was selling at N179.

Source: https://newsdiaryonline.com/motorists-frown-at-persistent-fuel-scarcity-task-nnpc-others-on-supply/

“At NNPC Limited, we understand the importance of partnerships in achieving a sustainable energy industry in Africa.

Source: https://realnewsmagazine.net/energy-demand-in-africa-to-increase-by-35-kyari/?utm_source=rss&utm_medium=rss&utm_campaign=energy-demand-in-africa-to-increase-by-35-kyari

He descried natural gas as a critical fuel in the transition towards net-zero, adding that NNPC Ltd. was well positioned to progress the NMGP project by leveraging its experience and technical capabilities.

Source: https://newsdiaryonline.com/can-nigeria-explore-russia-ukraine-war-to-capture-eu-gas-market-by-emmanuella-anokam/

He reassured all stakeholders that NNPC has a line of sight to the delivery of the project on schedule.

Source: https://allafrica.com/stories/202304270030.html

Idris, in a statement on Thursday by Mr Femi Soneye, Chief Corporate Communications Officer, NNPC Ltd, said Nigeria’s crude export to India dwindled.

Source: https://thenationonlineng.net/russia-ukraine-war-affects-nigerias-crude-oil-inflows-nnpcl/

I know NNPC Limited has been facing a serial media trial, but his quick thinking and problem-solving abilities will soon be felt across all the media.

Source: https://thewillnews.com/opinion-olufemi-oladapo-soneye-round-peg-in-round-hole/?utm_source=rss&utm_medium=rss&utm_campaign=opinion-olufemi-oladapo-soneye-round-peg-in-round-hole

“It is not only the military personnel that are involved, officials of the NNPC are deeply involved, ditto the IOCs.

Source: https://www.opinionnigeria.com/just-in-to-crush-oil-thieves-you-must-step-on-toes-niger-delta-stakeholders-tell-tinubu/

“It remains on record that in 2022, NNPC Limited under the astute leadership of Mele Kyari has for two-consecutive years recorded a profit.

Source: https://leadership.ng/nawoj-csos-rally-support-for-kyari-nnpcl-debunk-accusations-on-pipeline-contracts/

It stated that NNPC Retail completed the construction of two standard stations in Kaduna and Kano states and onboarded 71 new stations within the year, adding that five of them were leased, while 66 were affiliate stations.

Source: https://ogtv.com.ng/2023/05/29/nnpcl-subsidiary-rakes-in-n256bn-revenue-report/

Kyari said NNPC was also working to raise daily production from the about 1.7 million barrels per day to 3million barrels per day.

Source: https://leadership.ng/nigeria-targets-3mbpd-crude-production-as-buhari-flags-off-nasarawa-oil-exploration/

Leading other lawyers on behalf of the NNPC, Ajayi insisted that it was in the spirit of fair hearing to allow him move the application for stay of procedings and a ruling delivered before delving into other applications and the substantive matter.

Source: https://newsdiaryonline.com/nnpc-lawyers-walk-out-in-ararumes-suit-challenging-sack-from-nnpc/

Mele Kyari and NNPC: Why do we crucify good men?

Source: https://pointblanknews.com/pbn/articles-opinions/mele-kyari-and-nnpc-why-do-we-crucify-good-men/

NAN reports that NNPC stations in most parts of Lagos were dispensing but they had large queues as many were seen hurling 50-litre cans to buy, apparently for resale on the black market.

Source: https://www.pulse.ng/news/local/petrol-queues-resurface-marketers-sell-naira350-per-litre/yg3ttnx

“NNPC said it needs ships to lift Nigerian crude and that it will give Nigerian shipowners the specifications of ships to buy.

Source: https://realnewsmagazine.net/nigeria-ripe-for-blue-economy-jamoh/?utm_source=rss&utm_medium=rss&utm_campaign=nigeria-ripe-for-blue-economy-jamoh

Once NNPC goes into default and liquidity, it affects every borrowing done by the country, even the sub-nationals.

Source: https://newmail-ng.com/dangote-ph-refineries-others-wont-change-fuel-price-nnpcl/

“Our position remains that President Buhari inaugurated and reinforced corruption the day he unveiled the new NNPC.

Source: https://247ureports.com/2023/01/committee-on-fuel-scarcity-cnpp-urges-buhari-to-first-purge-nnpc-of-corrupt-incompetence-leadership/

Several instances abound with petitions against NNPC and CBN henchmen where the Chairman refused to assign the petitions for investigation.

Source: https://leadership.ng/apc-group-wants-tinubu-to-suspend-probe-ccb-cct-chairmen-for-inefficiency/