Champion news ng
You're looking for news about the Nigerian National Petroleum Corporation (NNPC)!
Here are some recent updates:
- NNPC Records N665.8 Billion Profit in 2020: The NNPC announced a profit of N665.8 billion in 2020, a significant increase from the N212.8 billion recorded in 2019. This is attributed to the corporation's efforts to increase revenue and reduce costs.
- NNPC to Invest N1.5 Trillion in New Projects: The NNPC has announced plans to invest N1.5 trillion in new projects, including the construction of new refineries, pipelines, and storage facilities. This is aimed at increasing the country's refining capacity and reducing dependence on imported petroleum products.
- NNPC Signs Agreement with International Oil Companies: The NNPC has signed agreements with international oil companies (IOCs) to increase oil production and exploration in Nigeria. The agreements are expected to boost the country's oil production and revenue.
- NNPC to Implement New Fuel Pricing Regime: The NNPC has announced plans to implement a new fuel pricing regime, which will see the price of petrol increase by N10 per liter. This is aimed at reducing the subsidy on petrol and increasing revenue for the government.
- NNPC to Increase Gas Supply to Power Plants: The NNPC has announced plans to increase gas supply to power plants to reduce the country's reliance on imported fuel and increase power generation.
These are just a few of the recent updates from the NNPC. If you're looking for more information, I can try to help you with that!