Oil and gas

General News Oil and Gas

Subsidy Removal: NLC To Begin Nationwide Strike Wednesday

The Nigeria Labour Congress will commence a nationwide strike Wednesday, EnergyPlanets reports. The strike will be embarked upon if the government fails to reverse the new pump price for Premium Motor Spirit, also known as

General News Oil and Gas

Petrol Subsidy Removal To Boost Nigeria’s Sovereign Wealth Fund –

Nigeria's Sovereign Investment Authority (NSIA) said scrapping fuel subsidies would increase the amount of money available to the country's sovereign wealth fund, which is expected to receive between $100 million and $200 million from the

General News Oil and Gas

NNPC Officially Adjusts Petrol Pump Amid Concerns Over Subsidy Removal

The Nigerian National Petroleum Company (NNPC) Limited has adjusted the prices of premium motor spirit (PMS), also known as petrol, at all of its branches, the company said in a statement. he pump price of

Exclusive Oil and Gas

Inefficiencies Cripple Ailing State-owned Refineries As Private Sector Takes Driver

"Aliko and I bought Port Harcourt and Kaduna refineries, I owned 20 percent of that consortium and of course, it was reversed by the administration that came in then," Femi Otedola said at the commissioning