The National Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Senior Staff Association of Nigeria have stated that there is need for the federal government to fix refineries before deregulation in the petroleum sector. The union’s General Secretary, Afolabi Olawale, said this in a telephone interview with our correspondent. According
Read more
Amidst public outcry against the increasing cost of fuel subsidy to the economy, the Senate has disclosed that, until the nation can boast of fully functional refineries, the subsidy would not be removed. The disclosure is in sharp contrast to the upper chamber’s earlier position, when in 2019 it condemned the lack of transparency in
Read more
The Senate has resolved to investigate the poor state of the nation’s refineries, lamenting that in spite of a whopping $25 billion spent on their turn around maintenance (TAM) in the last 25 years, they still remain moribund. A resolution to investigate the poor state of the refineries followed a motion brought before the Senate
Read more