NEWS

Former NNPCL Boss Mele Kyari Released After EFCC Interrogation Over Fraud Allegations

Daily Dispatch September 11, 2025

Mele Kyari, the former Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), has been released after being briefly detained by the Economic and Financial Crimes Commission (EFCC). His release followed an appearance at the EFCC headquarters in Abuja on

BUSINESS

Mele Kyari gives update on New PH Refinery

Daily Dispatch December 10, 2024

The Nigerian National Petroleum Company Limited, NNPCL, said the new Port Harcourt refinery is over 90 percent completed. The Port Harcourt Refining Company, PHRC, operates two refineries; the old plant with a capacity of 60,000 barrels per stream day (bpsd) and a new facility with 150,000 bpsd, bringing the refinery’s combined crude processing capacity to 210,000 […]

NEWS

NNPC intercepts 800,000 litre capacity vessel with stolen crude oil

Daily Dispatch July 11, 2023

The Nigerian National Petroleum Company, NNPC, Limited has intercepted a suspicious 800,000 litre capacity vessel with a cargo of stolen crude oil onboard. The interception was carried out on July 7, 2023 by a private security contractor engaged by NNPC Limited, Messrs Tanita Security Services. The interception was made known by the Chief Corporate Communications […]

NEWS

N400bn subsidy money: SERAP wants Tinubu to publish spending details

Daily Dispatch July 2, 2023

Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Ahmed Tinubu to use his good offices and leadership position to “urgently publish details of spending of about N400bn so far saved as a result of the removal of subsidy on Premium Motor Spirit (PMS) popularly called petrol.” SERAP urged him to “provide details of […]

COLUMNS

NNPC and the rest of us

Daily Dispatch July 1, 2023

By Hassan Gimba  This was published July 13, 2020 but still relevant. Decree 33 of 1977 saw to the birth of the Nigeria National Petroleum Corporation (NNPC) on April 1 of that year through the merger of the Nigerian National Oil Corporation and the Federal Ministry of Mines and Steel. The main purpose was for […]

NEWS

Group sues Tinubu over “failure to probe missing $2.1bn, N3.1trn of subsidy payments”

Daily Dispatch June 11, 2023

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Ahmed Tinubu over “the failure to probe the allegations that USD$2.1 billion and N3.1 trillion public funds of oil revenues and budgeted as fuel subsidy payments are missing and unaccounted for between 2016 and 2019.” The suit followed the grim allegations documented […]