Tag: Mele Kyari

Plans to resume active exploration for crude in Sokoto Basin have been announced by the Nigerian National Petroleum Corporation (NNPC). This announcement was made by the group managing director (GMD) of NNPC, Mele Kyari, while receiving the Kebbi State governor, Atiku Bagudu, at the Corporation’s Head Office in Abuja on Thursday. A statement issued in Abuja on Thursday by NNPC spokesperson, Kennie Obateru, said the corporation’s Group Managing Director, Mele Kyari, said exploration for crude would resume in the Sokoto Basin. The statement read in part: “Kyari also hinted of…

The Nigerian National Petroleum Corporation, (NNPC), has lamented the burden placed on it by the ongoing subsidisation of the cost of petrol also known as Premium Motor Spirit (PMS) in the country, saying that sooner or later Nigerians have to pay the actual cost for the commodity. This was disclosed yesterday by the Group General Manager (GMD) of the National Petroleum Corporation (NNPC), Mele Kyari, while reacting to a question about the status of petrol’s pump price in the country, during the weekly presidential ministerial media briefing held at the…