Business
NNPC CEO Denies Fuel Importation Claims and Quality Issues
The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC), Mele Kyari, has dismissed claims that the company imported 200 million litres of Premium Motor Spirit (PMS) in late February 2025.
Speaking at the 60th Nigeria Mining and Geosciences Society (NMGS) Conference in Abuja, Kyari clarified that NNPC has not imported a single litre of petrol since the start of the year.
He also addressed concerns over fuel quality, calling the allegations baseless and misleading. “The talk around fuel quality is unfortunate and just bad marketing. It’s all drama and entertainment. Regulatory agencies are doing their jobs, and none have reported substandard products in the country,” he said.
Kyari warned that spreading false information about fuel imports and quality could harm not just NNPC but the country’s reputation as a whole. He emphasized that while frustrations may exist, misinformation should not be used as a business tactic.
Addressing a viral video comparing NNPC’s fuel to Dangote’s, Kyari dismissed it as another example of misleading marketing. He reassured Nigerians that NNPC remains committed to maintaining fuel quality and transparency in its operations.
Nigerian fintech company OPay has introduced new security features to improve the safety of its application.
The company unveiled the Emergency Lock and Safety PIN features to give customers better control over their funds and provide added protection against fraud and unauthorized transactions.
The Emergency Lock feature allows customers to instantly freeze their OPay account with a single tap whenever they sense a threat or believe their account may be at risk.
The newly launched Safety PIN introduces an additional layer of security, helping customers protect themselves in situations where they may be forced to make a transfer or payment against their will.
The Federal Government of Nigeria has spoken on the agriculture sector of the country and shared that, in its current state, it needs more capital as it cannot stand alone without it.
They stated that even more capital will be needed in order to transform the agricultural sector and improve food production in Nigeria.
“Relying solely on public capital will not suffice to finance the transformation of Nigeria’s agricultural sector. Similarly, private capital will not be mobilised at the necessary scale unless the associated risks are comprehensively understood, appropriately allocated, and effectively managed.”
It has been noted that there is now an increase in fuel all around Nigeria, from … to 1000 plus in fuel stations.
It was also noted that Dangote Petroleum Refinery increased the price to 1,175 per litre and diesel has been increased to 1,620 per litre.
This new spike in fuel increase has caused Nigerians to lament widely, wondering why this change happened all of a sudden.
Nigerian Creator Carter Efe Joins Kai Cenat’s Streamer University
Leaked Audio Allegedly Featuring Uche Ogbodo Trends Online
Liam Rosenior Appointed New Paris FC Manager
-
Entertainment6 hours agoToolz Opens Up About the Reality of Marriage And Shares Advise
-
Entertainment7 hours agoIyabo Ojo Explains Why Her Ex-Husband Attended Priscilla’s Wedding
-
Entertainment4 hours agoLeaked Audio Allegedly Featuring Uche Ogbodo Trends Online
-
Entertainment8 hours ago‘People Misunderstood Her’ — Portable Speaks on Remi Tinubu
-
Sport10 hours agoRooney Says Portugal Failed to Make Use of Cristiano Ronaldo
-
Sport5 hours agoLiam Rosenior Appointed New Paris FC Manager
-
Entertainment4 hours agoNigerian Creator Carter Efe Joins Kai Cenat’s Streamer University