Home Topics Petroleum Sector

Petroleum Sector

Nigerian government meets Labour over petrol price as unions fume

The Federal Government and Organised Labour will meet this evening over the recent hike in pump price of Premium Motor Spirit, PMS, commonly known as petrol that shocked Labour leaders and Nigerians in the wake of tension created by the September increment.
Director-General-Nationanal-Information-Technology-Kashifu-Inuwa-CCIE-Delivering-Keynote-Adress-At-The-Ongoing-2020-Abuja-Lean-Manufacturers-Conference-and-Workshop-2

NITDA to suppport NNPC’s innovation in petroleum sector

The National Information Technology Development Agency (NITDA) has reiterated its resolve to support the Nigeria National Petroleum Corporation (NNPC) to drive innovation in the petroleum sector.

Former governorship aspirant cautions Nigerian government against fuel price regulation

He said market forces should determine the appropriate price for petrol whenever the commodity is deregulated in line with the best practices so as to avoid further corruption in the oil sector.

NLC wants state of emergency in downstream sector

The Nigeria Labour Congress (NLC) has called for the reversal of the hike in fuel price announced last week by the government, saying the hike has worsened the misery of Nigerians.
President of the Nigeria Labour Congress (NLC), Mr Ayuba Wabba

NLC rejects hike in petrol pump price

Nigeria Labour Congress, NLC, Monday, rejected the fresh hike in the pump price of Premium Motor Spirit, PMS, commonly known as petrol, which took effect last Friday, demanding for immediate reversal.

Labour insists on reversal of fuel price, electricity tariff hike

The organised labour Thursday insisted that the Federal Government should revert back to the old prices of petrol and electricity tariff, if not the strike will stand.
Yekini Nabena

APC: Political actors behind national rot can’t chart way forward

The All Progressives Congress (APC), has said that political actors that midwifed national rot cannot chart a way forward for the country.
A worker fills a car's tank at the CO-OP petrol station in Cairo, Egypt April 2, 2020. REUTERS-Mohamed Abd El Ghany

IPMAN: Do local refining to eliminate sector problems

Alhaji Popoola Ogundoyin, an Executive Member of Independent Petroleum Marketers Association of Nigeria (IPMAN), says that unless Nigeria produces petroleum products through its refineries, the problems in the petroleum sector will persist.

Oil marketers condemn planned protest, shutdown over fuel price hike

Oil marketers, under the aegis of Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), yesterday, kicked against attempts by some labour groups and trade associations to stage a protest march in opposition to the recent hike in the price of Premium Motor Spirit, also known as petrol.
Melee Kyari

FID on NLNG train 7 to be executed in December – NNPC chief

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Malam Mele Kyari, says the Final Investment Decision (FID) for Nigerian Liquefied Natural Gas (NLNG) Train 7 would be executed in December.
Governor Dapo Abiodun of Ogun State has assured industrialists in the state of his administration’s readiness to put an end to the deplorable state of road network affecting manufacturers and other road users in the state.

Let’s deregulate oil sector to build roads – Ogun governor

Ogun State Governor, Prince Dapo Abiodun, has stressed the need for the deregulation of the petroleum sector to make fund available for the construction of roads and provision of other basic amenities.

Governors hail Melee Kyari’s appointment as NNPC boss

The Nigerian Governors’ Forum (NGF) has hailed and totally endorsed the appointment of Mr Melee Kyari as the new Nigerian National Petroleum Corporation (NNPC), even as the national oil company has equally expressed its readiness to continuously work with them in the urgent task of growing crude oil production, growing renewable energy and expanding the revenue base of Nigeria.
Sidiki Kaba

Nigeria, Senegal to strengthen relations in trade, energy, security, others

Nigeria and Senegal have agreed to strengthen their bilateral relation in the areas of economic, trade and industry tourism, security, defence, energy, agriculture and education, among others, Senegalese Foreign Minister, Sidiki Kaba said.

Seven petrol stations sealed for under-dispensing products

The Department of Weights and Measures, Federal Ministry of Industry, Trade and Investment, has sealed seven petrol stations in Warri and Asaba in Delta, for under-dispensing petroleum products.
Kola Ologbondiyan

PDP welcomes President Buhari’s declaration to jail looters

“President Buhari should immediately allow the Economic and Financial Crimes Commission (EFCC) to commence Oshiomhole’s investigation, which has been stalled despite his indictment for allegedly stealing billions of naira belonging to Edo state.”

Recent Stories

Manchester City’s Spanish coach Josep Guardiola gestures during the UEFA Champions League group stage football match between Olympiakos and Manchester City, on November 25, 2020 at Georgios-Karaiskakis stadium in Piraeus, near Athens. AFP

Manchester City ease into Champions League last 16

Manchester City booked their place in the last 16 of the Champions League but there were more concerns for Pep Guardiola over his side’s lack of ruthlessness in a 1-0 win at Olympiakos on Wednesday.
President-elect Joe Biden is preparing to take over from President Donald Trump, but his transition team isn’t getting the level of cybersecurity support usually provided by outgoing administrations, according to The Wall Street Journal.

Joe Biden urges Americans to be safe during holiday, fight coronavirus pandemic

U.S. President-elect Joe Biden on Wednesday pleaded with Americans to take steps to remain safe as COVID-19 cases surge on the eve of the Thanksgiving holiday and pledged again to make combating the pandemic a top priority when he takes office in January.
Niger Delta Development Commission (NDDC)

Group rejects South-South governors desire to control NDDC

A Niger Delta group, Vanguard for Transparent Leadership and Democracy (VATLAD), has condemned the desire of South-South governors to control the affairs of Niger Delta Development Commission (NDDC).

UNIOSUN student commits suicide

His post on WhatsApp reads: “Often time I ask myself, Why do people commit suicide? Perhaps because they’ve got no one to encourage, motivate or guide them or because they felt there is no solution to whatever problem they are going through. Perhaps they forgot there’s more to enjoy when there’s life (hope) is not lost”.
The United States will temporarily require visitors from Iran, Myanmar, and a number of African nations to pay up to $15,000 in visa bonds in a new hardline immigration measure enacted late in Donald Trump’s presidency.

US visitors from developing nations to pay thousands in visa bonds

The United States will temporarily require visitors from Iran, Myanmar, and a number of African nations to pay up to $15,000 in visa bonds in a new hardline immigration measure enacted late in Donald Trump’s presidency.