Motorists and residents of Lagos, Abuja, Kwara and Oyo states are having hard times getting fuel at the filling stations as the nationwide strike embarked upon by oil workers has led to scarcity of fuel in some major cities in the country. Long queues are seen at different filling stations. Motorists now pay between N105…
Strike won’t Affect Fuel Distribution – NNPC
As the three-day warning strikeof the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, and the NigeriaUnion of Petroleum and Natural Gas Workers, NUPENG, kicks off today,the Nigerian National Petroleum Corporation, NNPC, has assured that the action would not disrupt the distribution of petroleum products in the country. The corporation gave the assurance…
The Politics of Privatisation of Refineries
After several years of tinkering with privatisation of the nation’s ailing refineries, the government yields to pressure again to put the process on hold, creating room for more years of rot in the oil sector Investors who are prospecting for Nigeria’s moribund refineries may have to wait for a longer time for inexplicable reasons. In…