5 articles tagged with “PENGASSAN”
Nigeria's state oil company prepares March export of new crude grade targeting output gains, while petroleum workers union opposes presidential directive on revenue remittance amid sector restructuring.
Nigeria's petroleum workers union PENGASSAN has demanded the withdrawal of President Tinubu's Executive Order on oil revenues, warning the directive undermines the Petroleum Industry Act and threatens investor confidence in the sector.
President Bola Tinubu's recent executive orders on oil revenues and amendments to the Electoral Act have sparked contrasting responses from political stakeholders and industry groups, with PENGASSAN warning of potential job losses in the petroleum sector.
The petroleum sector's senior staff union has demanded President Tinubu rescind an executive directive on NNPCL revenue flows, warning the policy threatens thousands of jobs and could destabilize Nigeria's crucial oil industry.
Dangote Refinery's managing director signals improved fuel supply capacity while the federal government implements NNPC revenue reforms, as industry stakeholders warn dialogue remains critical to sector stability.