Federal Government representatives and Labour leaders will today resume talks on petrol subsidy removal palliatives, it was confirmed yesterday. Both parties are expected to harmonise some of the demands put forward by the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC). According to the Permanent Secretary, Federal Ministry of Labour and Employment, Kachallom Daju, the parties will reconvene at the presidential Villa, …

As the Nigerian National Petroleum Company Limited (NNPCL) hands-off the monopoly of petrol importation, petroleum marketers have demanded immediate release of their outstanding supplies of Premium Motor Sprit otherwise known as petrol worth N30.96 trillion by the National oil company. At the Suleja/Abuja Secretariat of the Independent Petroleum Marketers Association of Nigeria (IPMAN), the marketers commended the Federal Government for …

The Nigeria-Morocco Gas Pipeline Project has advanced with the signing of four Memoranda of Understanding (MoU) to ensure progress and strategic direction of the 25 billion dollar Trans-Atlantic gas pipeline project. According to a report by the News Agency of Nigeria (NAN), the four MoUs were signed on Friday in Abuja at the Economic Community of West African States (ECOWAS), Headquarters during …

Prominent Niger Delta leader and former agitator, Mujahid Asari Dokubo, on Friday in Abuja, alleged that the bulk cases of oil theft recorded in the oil-rich region are traceable to the Nigerian Army and Navy. “The military is at the centre of oil theft and we have to make this very clear to the Nigerian public that 99 per cent …

The Federal Government, on Wednesday, confirmed that other oil marketers have joined in the importation of Premium Motor Spirit (PMS), popularly called petrol, following the recent removal of subsidy on the commodity. It revealed that about three mega oil marketers were currently expecting PMS cargoes in July, while many others had applied for licences to import the product, as the …

The Federal High Court sitting in Lagos yesterday fixed 18th October for the arraignment of Senator Ifeanyi Ubah and his firm, Capital Oil and Gas, for allegedly making false claims to the Assets Management Corporation (AMCON). Justice Nicholas Oweibo fixed the date following the Federal Government’s complaint that Ubah had repeatedly been absent to take his plea on the charge. …

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has asked for the detention of Vessel Barumk Gas for illegally lifting Butane at Bonny River Terminal. In a letter to the Chief of Defence Staff dated 8th June 2023, signed by the Chief Executive, Engr. Farouk Ahmed, the authority accused oil giant ExxonMobil of collaborating with the vessel owners to …

The Edo State Government has reduced school days to thrice weekly as part of efforts to cushion the impact of fuel subsidy removal. The Chairperson of the Edo State Universal Basic Education Board (SUBEB), Ozavize Salami said this in Benin City on Friday after a meeting between the state’s Head of Service Anthony Okungbowa and other government officials. Friday’s meeting …

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has commended President Bola Tinubu for subsidy removal and tasked him with palliatives for Nigerians. IPMAN National President, Mr Debo Ahmed told newsmen in Abuja that, for a long time, the group had been supportive of the removal of fuel subsidy because of its implication on the economy and the market space. …

The Nigeria Labour Congress (NLC) yesterday said it put off the planned strike over petrol subsidy removal partly in obedience to an order of the National Industrial Court (NICN). The strike suspension was announced after Monday’s marathon meeting between a government team and leaders of the Trade Union Congress (TUC) and NLC. Parties agreed to establish a joint committee to …