Petroleum

Latest News on Petroleum
Motorists Whine as Petrol Scarcity Rocks Abuja (Photos)
Motorists Lament as Petrol Scarcity Rock...

Motorists Lament as Petrol Scarcity Rocks Abuja (Photos)

There has been scarcity of Premium Motor Spirt (PMS) popularly known as petrol in the Federal Capital Territory (FCT), Abuja as long queues were seen at most filling stations in the city, African News Today reports. Motorists in FCT have had to spend several hours in the queue to buy petrol for... read more »

BREAKING: Four Killed, Scores Injured as Gas Plant Explodes in Lagos  
BREAKING: Four Killed, Scores Injured as...

BREAKING: Four Killed, Scores Injured as Gas Plant Explodes in Lagos  

Lagos has witnessed fresh explosion as Best Roof Cooking Gas plant exploded on Thursday in the Baruwa community of the Alimosho Local Government Area of Lagos State. The explosion which happened around 5:45am on Thursday led to the death of four persons while scores were injured in the explosion... read more »

Buhari Justifies Increase in Petrol Price, Says It makes no sense for oil to be cheaper in Nigeria than Saudi Arabia
Buhari Justifies Increase in Petrol Pric...

Buhari Justifies Increase in Petrol Price, Says It Makes No Sense for Oil t...

President Muhammadu Buhari has said it makes no sense for Nigeria to sell petroleum products at cheaper prices than its neighbouring countries. He disclosed this on Thursday while presenting a speech to mark the occasion of Nigeria’s 60th Independence Anniversary at the Presidential Villa,... read more »

We will Implement Agreement Diligently - NNPC Assures Labour After Strike Suspension
We will Implement Agreement Diligently &...

We will Implement Agreement Diligently – NNPC Assures Labour After St...

Mele Kyari, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has pledged commitment to implement agreements reached with organised labour which led to the suspension of planned strike and protest over the increase of electricity tariff and petrol pump price. Kyari said... read more »

We Will Enforce the Law, Police Sounds warning to NCL, TUC Ahead of Protest
We Will Enforce the Law, Police Sounds w...

We Will Enforce the Law, Police Sounds warning to NCL, TUC Ahead of Protest

The Nigerian Police Force has issued warning to the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) ahead of their strike action and protest slated for Monday to protest the spike in electricity tariff and petrol price. The labour unions have vowed to proceed with the strike and... read more »

More from Petroleum

Subsidy not Sustainable with 60% Revenue Reduction, says Osinbajo

Subsidy not Sustainable with 60% Revenue Reduction, says Osinbajo

Vice President Yemi Osinbajo has said federal government can no longer afford to sustain fuel subsidy with 60 percent reduction in revenue generation. Osinbajo made the remark at a virtual... read more »

Kogi Govt Mourns Victims of Tanker Explosion

Kogi Govt Mourns Victims of Tanker Explosion

  Kogi state government has declared a two-day mourning period in commemoration of those who died in the tanker explosion in Felele, along the Lokoja-Abuja highway on Wednesday killing... read more »

FG, Labour to Meet Thursday Over Strike Action to Protest Electricity Tariff, Fuel Price Hike

FG, Labour to Meet Thursday Over Strike Action to Protest Electricity Tariff, Fuel Price H...

The Federal Government is set to meet with the Nigeria Labour Congress (NLC), and Trade Union Congress (TUC), on Thursday in an attempt to avert the planned indefinite strike by the... read more »

Nigerian Police Vow to Vehemently Resist Students Planning Protest Against Fuel, Electricity Tariff Hike

Nigerian Police Vows to Vehemently Resist Students Planning Protest Against Fuel, Electric...

The Nigerian Police force has vowed to “vehemently resist” students planning a massive protest in Ogun State over the recent spike in petrol price and electricity tariffs. This was made... read more »

Deconstructing The Buhari Administration’s Lies on Subsidy by Re...

There is no more unmistakable evidence for the dishonesty, dubiousness and downright gangsterism of the Buhari administration than the fuel subsidy heist that they have pulled in Nigeria. The Buhari... read more »