NUPENG, PENGASSAN kicks against external staff recruitment by NNPCL management
Two major oil workers’ unions in Nigeria, NUPENG and PENGASSAN, are unhappy with a recent decision made by the Nigerian National Petroleum Company Limited (NNPCL). The unions are upset because the company’s new leadership plans to hire top managers from outside instead of promoting existing staff. This follows the recent appointment of Mr. Bayo Ojulari […]
Oil & gas sector reforms will position Nigeria as preferred investment destination – Renewed Hope Ambassadors
Recent reforms in Nigeria’s oil and gas sector are already showing positive results, positioning the country as a top investment destination in Africa. According to the Renewed Hope Ambassadors (RHA), these changes are part of President Bola Ahmed Tinubu’s efforts to address key challenges, such as low investment, production, and outdated infrastructure. One major change […]
Reps reveal 48 oil firms are owing FG N2trn
The Nigerian House of Representatives has disclosed that 48 oil and gas companies owe the federal government about N2 trillion in unpaid royalties. This revelation came from an ongoing investigation by the Public Accounts Committee, which is examining financial records from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). Out of these companies, seven major oil […]
Step Down As Petroleum Minister – CHRICED Tells Tinubu
The Resource Centre for Human Rights and Civic Education (CHRICED) has urged President Bola Ahmed Tinubu to resign from his role as the Minister of Petroleum. The group believes that a qualified expert should take over to improve the petroleum sector. CHRICED made this call in a statement released by its Program Manager, Victor Emejuiwe, […]
Dangote behind campaign against NNPC —Report alleges
The ongoing rivalry between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery has taken another turn, with reports alleging that Africa’s richest man, Aliko Dangote, is behind a campaign against NNPCL. A report by Nigeria Voice claims that Dangote’s media team sponsored a negative article targeting NNPCL and its Group Chief Executive Officer, […]
Labour Leaders Verify that Port Harcourt Refinery Is Up and Running
The Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) leaders have officially confirmed that the Port Harcourt refinery is now fully operational. This confirmation follows a recent inspection tour of the facility by union representatives. During their visit, the Executive Vice President Downstream of the Nigerian National Petroleum Corporation Limited (NNPCL) informed the […]
Reuben Abati Criticizes Minister of State for Petroleum, Heineken, Over Claims of $50 Billion Oil Sector Investment in Nigeria
In a recent press conference in Abuja, Heineken Lokpobiri, Nigeria’s Minister of State for Petroleum, announced that the country is expecting $50 billion in investments in the oil sector by December. He emphasized that the government is addressing concerns from both local and foreign investors. Lokpobiri also mentioned ambitious plans to increase oil production to […]
Major Oil Marketers to Import 141 Million Litres of Petrol Despite Local Production
In a notable development in Nigeria’s oil sector, three major oil marketers are set to import a total of 141 million litres of petrol this week. This importation comes despite the ongoing local production of petrol at the Dangote refinery. The primary reason for this large-scale importation is the recent deregulation of the downstream oil […]