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No Fuel Price Increase Without Fixing Refineries – NLC

No Fuel Price Increase Without Fixing Refineries - NLC       The Nigeria Labour Congress says it has listed key issues that should be addressed before the Nigerian National Petroleum Corporation will adjust the pump price of Premium Motor Spirit, popularly called petrol. It specifically stated that one...

All International Airports’ll Become Fully Operational Soon, Says FG

All International Airports’ll Become Fully Operational Soon, Says FG       All five international airports in Nigeria will become fully operational to international flights in a couple of weeks, the Federal Government said on Monday. Speaking on behalf of the aviation industry at the COVID-19 Presidential Steering Committee...

NNPC Refineries Idle For 19 Months, Record N177.21bn Loss

NNPC Refineries Idle For 19 Months, Record N177.21bn Loss       In 19 straight months of not processing any barrel of crude oil, the government-owned refineries in Nigeria recorded a total loss of N177.21bn, the latest data from the Nigerian National Petroleum Corporation have shown. An analysis of...

Local Airlines Rebound With Traffic Surge

Local Airlines Rebound With Traffic Surge       Despite the operational hiccups facing the sector, local airlines have recorded a marginal rebound in business, recording improved passenger patronage across networks. And in response to the uptake, some of the carriers are opening new routes and reactivating old ones...

States’ Cash Cruch: CBN Kicks As Govs Beg FG To Postpone $2.1bn Support Repayment

States’ Cash Cruch: CBN Kicks As Govs Beg FG To Postpone $2.1bn Support Repayment         State governors on Thursday at the monthly meeting of the National Economic Council appealed to the Federal Government to postpone the repayment of the $2.1bn budget support facility to states which...

Nigeria, Others Lose N380bn Annually To Gulf Of Guinea Piracy

Nigeria, Others Lose N380bn Annually To Gulf Of Guinea Piracy Nigeria and other countries in the Gulf of Guinea have lost N380 billion yearly to sea robbers and pirates between 2015 and 2019. Data presented at the Nigerian Admiralty Colloquium in Lagos also showed that...