Motorists advise to avoid panic buying as NNPC maintains petroleum supply in Lagos

Motorists advise to avoid panic buying as NNPC maintains petroleum supply in Lagos

ByYusuf Olajide

According to the Nigerian National Petroleum Company Limited (NNPC Limited), more is being done to alleviate the current gasoline shortage in Lagos and the surrounding areas. Olufemi Soneye, the Chief Corporate Communications Officer of the firm, said in a statement that the retail division of NNPC Limited has fixed the problem and that everything will…

NNPC Addresses Allegations of $15 Billion Revenue Misallocation

NNPC Addresses Allegations of $15 Billion Revenue Misallocation

ByIsmail Hammed

The Nigerian National Petroleum Company (NNPC) denies failing to remit $15 billion in oil revenues to the Federation’s account. The Chief Corporate Communications Officer of NNPCL, Olufemi Soneye, responded to the 2021 report by the Nigeria Extractive Industries Transparency Initiative (NEITI). The 2021 NEITI report alleged that NNPCL did not remit $15 billion to the…