Foreign investors losing confidence in Nigeria’s oil industry —Kyari

Foreign investors losing confidence in Nigeria’s oil industry —Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address the loss of foreign investors’ confidence in the country’s oil and gas industry. Kyari said the absence of a …..

Govt has no business running refineries, says Osinbajo

Govt has no business running refineries, says Osinbajo

The Vice President, Prof. Yemi Osinbajo, has said the problems associated with Nigeria’s refineries will persist if the Federal Government continues to own and run them. Osinbajo said this at a virtual meeting organised for the All Progressives Congress social media bloggers and influencers at …..

Fuel hike: No going back on strike, protest – NLC

Fuel hike: No going back on strike, protest – NLC

The Nigeria Labour Congress has vowed to proceed with its planned strike and protest with effect from September 28 following the failure of the Federal Government to reverse the hike in electricity tariff and fuel price. Rising from its National Executive Council meeting in Abuja …..

Petrol scarcity looms as NARTO begins strike Tuesday

Petrol scarcity looms as NARTO begins strike Tuesday

Petrol scarcity may surface across the country as the Nigerian Association of Road Transport Owners on Monday ordered tanker drivers nationwide to halt operations beginning from Tuesday, September 22, 2020. NARTO gave the directive in Abuja in protest against the Federal Government’s ban on petroleum …..

FG directs 9,000 filling stations to install gas facilities

FG directs 9,000 filling stations to install gas facilities

The Department of Petroleum Resources has ordered 9,000 filling stations nationwide to begin the installation of facilities for gas products. This was announced in a statement by The Director, DPR, Mr Sarki Auwalu. The DPR said the move will improve the utilization of liquefied petroleum gas, compressed …..

PENGASSAN members in petroleum ministry begin warning strike

PENGASSAN members in petroleum ministry begin warning strike

Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria in the Federal Ministry of Petroleum Resources and some of its agencies on Wednesday commenced a three-day warning strike. It was gathered that the senior workers downed tools at the Abuja headquarters of …..

UPDATED: Tanker drivers suspend strike, reach agreement with Lagos govt

UPDATED: Tanker drivers suspend strike, reach agreement with Lagos govt

THE Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, on Monday, directed its Petroleum Tankers Drivers, PTD, to suspend its ongoing strike in Lagos State after the union reached an agreement with Lagos State government and other stakeholders. Recall that the tanker drivers had began …..

Strike: Lagos govt, NUPENG meet to resolve issues

Strike: Lagos govt, NUPENG meet to resolve issues

Representatives of the Lagos State Government and leadership of the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG are currently in a latest meeting in Alausa, Ikeja to resolve issues surrounding on-going strike embarked by Petroleum Tanker Drivers, PTD, in Lagos. The Monday intervention, …..