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Page 3 - இயற்கை வாயு மூத்தவர் ஊழியர்கள் சங்கம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

NNPC Rakes in N1 088tn Revenue in Five Months

Total income dips by N396bn Emmanuel Addeh in Abuja The Nigerian National Petroleum Corporation (NNPC) made a total revenue of N1.088.88 trillion in the first five months of 2021, a Federation Account Allocation Committee (FAAC) document detailing its operations for the period has shown. The figure is N396.8 billion lower than the N1.485 trillion revenues it grossed in the first five months of 2020. However, the corporation has resumed its frontier exploration services suspended in April. But despite the gross revenue accruals, the corporation failed to fully meet its monthly funding obligation of N414.941 billion for its projects and operations for the period.

Your petrol threat to shutdown stations empty, NUPENG, PENGASSAN tell IPMAN

NECA urges truce to stave price hike The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), yesterday, dismissed the threat on Sunday by the Independent Petroleum Marketers Association of Nigeria (IPMAN) to shut fuel stations nationwide today as empty. NUPENG’s General Secretary, Olawale Afolabi, in a chat with The Guardian, said no one was shutting down any filling station. He assured the public of continued sale of petroleum products nationwide. “No one is shutting down any filling station. It is an empty threat. The public is assured of continued regular sale of petroleum products across the country please,” Afolabi stated.

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