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Dangote Drops ₦100bn Lawsuit Against NNPCL, NMDPRA

Dangote Petroleum Refinery and Petrochemicals has formally withdrawn its ₦100 billion lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Nigerian National Petroleum Company Limited (NNPCL), and five other petroleum firms. The legal team for Dangote Refinery filed a notice of discontinuance at the Federal High Court in Abuja, ending proceedings against […]

Billions for Dead Refineries: EFCC Probes Kyari, 13 NNPCL Officials

The Economic and Financial Crimes Commission (EFCC) is currently investigating at least 14 current and former officials of the Nigerian National Petroleum Company Limited (NNPCL), including two former Group Chief Executive Officers, Mele Kyari and Abubakar Lawal Yar’Adua, over alleged misappropriation of funds and abuse of office. A letter dated 28 April 2025, addressed to […]

NNPCL Dismisses Bala Wunti, Top Officials Weeks After Kyari’s Departure

The Nigerian National Petroleum Company Limited (NNPCL) has dismissed several top officials, just 27 days after the departure of its former Group Chief Executive Officer, Mele Kyari. Among those affected is Bala Wunti, Chief Upstream Investment Officer at NNPC Upstream Investment Services (NUIMS), which manages the Federal Government’s interests in the oil and gas upstream […]

Dangote Group to Withdraw ₦100bn Lawsuit as Conciliatory Talks Progress

In a surprising development, the Dangote Group has announced plans to withdraw its ₦100bn lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA). The suit had been filed in opposition to the granting of import licences to the Nigerian National Petroleum Company Limited (NNPCL), Matrix Petroleum Services Limited, AA Rano Limited, and four […]

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