September 23, 2026
Home Posts tagged NNPC
BUSINESS

2,145kg Cannabis: NNPC Disowns Drug-Laden Tanker

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has denied ownership of a fuel tanker intercepted by the National Drug Law Enforcement Agency (NDLEA) in Ondo State with 2,145 kilogrammes of cannabis concealed in a secret compartment. The 20,000-litre tanker, with registration number MKA 960 XC, was intercepted along the Akoko/Lokoja Expressway on Friday,
BUSINESS

Bonga Southwest/Aparo Project: NNPC, Partners Sign Agreements to Unlock $21bn Deepwater Investment

The Nigerian National Petroleum Company Limited (NNPC Ltd) and the contractor parties to OML 118 have signed key agreements to advance the $15 billion-$21 billion Bonga Southwest/Aparo (BSWAp) deepwater project towards Final Investment Decision (FID). The agreements, comprising an Addendum to the OML 118 Production Sharing Contract (PSC) and an Addendum to the Dispute
BUSINESS

Deep Offshore Incentive Order to Accelerate Investment, Production Growth — Ojulari

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has welcomed the Federal Government’s signing of the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, describing the policy as a major reform capable of attracting fresh investments and boosting Nigeria’s crude oil production. The NNPC Group Chief Executive Officer, Engr. Bashir Bayo