Comrade Bosun Olabiyi, Trade Union Congress (TUC) Chairman, Oyo State chapter, has called on the management of Dangote Refinery to respect the rights of workers and prioritise their welfare. Olabiyi, a former national financial secretary of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), said that while Nigerians are grateful to Alhaji …
The Nigerian National Petroleum Company (NNPC) Limited has signed a two-year agreement with the Dangote Petroleum Refinery for the supply of crude oil to the refinery. The deal, which was sealed in August, is to ensure steady feedstock to the 650,000-barrel-per-day refinery based in Lagos. This comes amid efforts to maintain crude supply in naira …
There are concerns that the controversy between the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and Dangote Petroleum Refinery may lead to Nigeria incurring a daily loss of about ₦14.7 billion. Development economist Professor Ken Ife said Nigeria can’t afford to be losing such an amount daily due to the PENGASSAN strike, …
The Federal Government of Nigeria has reassured that the sales of crude oil in Naira initiative will continue, and there will be no disruption in the supply of refined petroleum products across the country. The Federal Government reaffirmed its commitment to ensuring energy security, protecting consumers, and maintaining stability in the domestic petroleum products market. …
The Federal Government has asked the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENSASSAN) to suspend its planned nationwide strike over a feud with the Dangote Refinery and Petrochemicals. The Minister of Labour and Employment, Muhammad Maigari Dingyadi, made the call in a statement on Sunday, September 28. According to Dingyadi, the ministry …
Economist and energy expert, Mr Kelvin Emmanuel, has warned that the actions of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) against the Dangote Petroleum Refinery pose a threat to national security. Mr Emmanuel, the CEO of Dairy Hills, who appeared …
The Bureau of Public Enterprises (BPE) recently hinted at a plan to list two electricity distribution companies (DisCos) and one generation company (GenCos) on the Nigerian Exchange (NGX). Similarly, the Nigerian National Petroleum Company (NNPC) Limited has been nursing this idea since the state-owned oil firm transitioned into a private-driven enterprise. As desirable as their …
The Dangote Petroleum Refinery and Petrochemicals said it has resumed the sale of premium motor spirit (PMS), otherwise known as petrol in naira to oil marketers. The resumption takes immediate effect, the company announced in a statement on Saturday, September 27. "Dear valued customer, following the intervention of the Naira for Crude Technical Committee chairman, …
The refinery says the union’s directive to its members is an act of lawlessness, criminality and amounts to economic sabotage Dangote Petroleum Refinery & Petrochemicals has stated that the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has no right to interfere in the supply of gas and crude oil to the …
Nigeria's hope for cheaper fuel faces a major hurdle as the 650,000 bpd-capacity refinery begins to demand US dollars for petrol sales, creating a new challenge for marketers. The decision by the Dangote Petroleum Refinery and Petrochemicals to suspend sales of Premium Motor Spirit (PMS), also known as petrol in Nigerian Naira, has raised …
