Fuel scarcity looms as NUPENG begins nationwide strike Monday
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has announced that its members will embark on a nationwide strike starting Monday, September 8, 2025. The union explained that the move is in protest against alleged anti-labour practices connected to the use of newly imported Compressed Natural Gas (CNG) trucks from Dangote Refinery. In […]
NNPCL Seeks $2 Billion Loan Amid Fuel Shortage Concerns
Nigerian National Petroleum Company Limited (NNPCL) is in the process of arranging a new $2 billion loan backed by oil, aiming to alleviate the current fuel shortages plaguing the country. This initiative, reported by Reuters recently, indicates NNPCL’s intent to finalize the loan agreement within the next two months. Mele Kyari, the Group Chief Executive […]