3% to host communities higher than 30% of profit oil and gas for frontier exploration – NNPC GMD, Mele Kyari

Group managing director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari has said that the allocation of three percent oil companies operating expense to host communities is higher than 30 percent of profit oil and gas for frontier exploration which is mostly in Northern communities. Appearing on an NTA interview programme on Tuesday August… Continue reading 3% to host communities higher than 30% of profit oil and gas for frontier exploration – NNPC GMD, Mele Kyari

There will be no fuel price increase in July – NNPC GMD

The Nigerian National Petroleum Corporation (NNPC) has said there will be no increase in the official price of Premium Motor Spirit (PMS) otherwise known as petrol in July. Group Managing Director (GMD) of NNPC, Malam Mele Kyari who said this in an interview on Channels Television on Tuesday June 29, said the price of petrol… Continue reading There will be no fuel price increase in July – NNPC GMD