The Trade Union Congress of Nigeria (TUC) has rejected the federal government’s proposed 5 per cent tax on petroleum products, describing it as “economic wickedness” against citizens already weighed down by hardship.

NNPC Says Prolonged Neglect Hampering Refinery Rehabilitation   The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Bayo Ojulari, has declared that fixing the country’s refineries under NNPC’s management has been difficult due to the neglect of the plants for decades. He also...

Political Interference Destroying Nigeria’s Refineries - PENGASSAN The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has reiterated that Nigeria’s moribund refineries can only function optimally if the Federal Government ends political interference in the state-owned assets. The union argued that years of political...

The Trade Union Congress (TUC) of Nigeria has stated that the country would need an estimated $120bn to construct its federal road network, a sum that is roughly four times the size of its annual budget.

Dangote Increases Ex-Depot Petrol Price to N880   Dangote Petroleum Refinery, on Friday, increased its ex-depot price for Premium Motor Spirit to N880 per litre. The hike represents a N55 increase from the previous rate of N825 per litre. This raises fresh concerns over fuel affordability and price...

Petrol Price May Rise as Crude Oil Costs Increase - PENGASSAN The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) Festus Osifo, has projected that the cost of Premium Motor Spirit (petrol) may rise soon if crude oil continues...