NNPC Ltd restores 275,000bopd production in landmark agreement

The Nigerian National Petroleum Company Limited (NNPCL) successfully mediated a peace deal on Sunday, bringing an end to the rift between the Management of Total Energies, operator of the NNPC/Total JV, the Petroleum and Natural Gas Senior Staff Association (PENGASSAN)…

Banks, fuel supply crippled as labour strike begins (Vanguard)

Distribution of petroleum products, banking and other essential services will be grounded from today as workers in the petroleum, financial, maritime and other sectors of the economy begin a nationwide strike as directed by organized labour. This is even as…

Fuel scarcity looms as NUPENG, PENGASSAN issue strike notice (Vanguard)

Nigeria Union of Petroleum and Natural Gas Workers, NUPENG and its Petroleum and Natural Gas Senior Association, PENGASSAN, have threatened to shut down the nation’s Petroleum industry of alleged plans to sack thousands of workers from its operations nationwide. NUPENG…

About 1,000 laid off as labour dispute endangers Nigerian content policy (Vanguard)

The Federal Government’s much avowed local content policy appears to be endangered following prevailing war by labour leaders against fledgling indigenous service companies that form the engine of the policy drive, as about 1,000 staff of companies were laid off…

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