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Dangote Refinery IPO to open within 12 days

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PZ Cussons’ profit surges 349% on asset disposal

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Dangote Refinery IPO to open within 12 days

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PZ Cussons’ profit surges 349% on asset disposal gains

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BREAKING: Nigeria’s external reserves cross $54bn, first time in

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Tag: PENGASSAN

Appointments

PENGASSAN elects Olabiyi-Agoro to succeed Osifo as president

Bosun Olabiyi-Agoro has been elected the new National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, ushering in a new era for the association. He took over from Festus Osifo, who is the President of the Trade Union Congress of Nigeria. Olabiyi-Agoro emerged unopposed at the association’s first Quadrennial Delegates Conference […]

featured Oil and Gas

PENGASSAN to meet presidency over Tinubu’s ‘threatening’ executive order

The leadership of the Petroleum and Natural Gas Senior Staff Association of Nigeria has announced plans to meet with the Presidential Implementation Committee on Executive Order 9, which was recently signed by President Bola Tinubu. PENGASSAN has warned that the executive order poses a serious threat to the stability of the oil and gas industry, […]

Oil and Gas

PENGASSAN rejects Tinubu’s executive order on oil, gas revenues

The Petroleum and Natural Gas Senior Staff Association of Nigeria on Thursday rejected President Bola Tinubu’s newly signed Executive Order mandating the direct remittance of oil and gas revenues to the Federation Account, describing the directive as a dangerous precedent that could undermine the Petroleum Industry Act and erode investor confidence in the sector. PENGASSAN […]

Business

PENGASSAN demands identification of terrorism financiers

The Petroleum and Natural Gas Senior Staff Association of Nigeria has joined the chorus of concern over rising insecurity, urging the Federal Government to identify and prosecute sponsors of terrorism and take urgent action to curb the surge in kidnappings. PENGASSAN President, Festus Osifo, issued the warning on Thursday during a press conference after the […]

Oil and Gas

PENGASSAN hails FG’s suspension of 15% petroleum import duty

The President of the Petroleum and Natural Gas Senior Staff Association of Nigeria, Festus Osifo, has praised the federal government’s suspension of the proposed 15 per cent import duty on petroleum products, calling it a strategic move that safeguards consumers and encourages domestic production. In an interview with ARISE NEWS on Thursday, Osifo noted that […]

The Nigerian Petroleum and Natural Gas Senior Staff Association has written to President Bola Ahmed Tinubu via the Chief of Staff's office to request that the
Oil and Gas

15 NMDPRA staff sue PENGASSAN over suspension, caretaker committee

Fifteen staff members of the Nigerian Midstream and Downstream Petroleum Regulatory Authority have sued the Petroleum and Natural Gas Senior Staff Association of Nigeria over their suspension and the subsequent appointment of a caretaker committee for the NMDPRA branch in Abuja. The fifteen members, suing for themselves and as concerned members of the PENGASSAN NMDPRA […]

The Nigerian Petroleum and Natural Gas Senior Staff Association has written to President Bola Ahmed Tinubu via the Chief of Staff's office to request that the
Oil and Gas

PENGASSAN: Prominent Nigerians propose solutions to avert refinery disputes

A coalition of prominent Nigerians has outlined a series of long-term solutions to avert future industrial disputes in Nigeria’s refining sector, following the recent labour dispute at the Dangote Refinery. In a joint statement signed by respected leaders, including Bishop Matthew Kukah, Khalifa Muhammad Sanusi II, Atedo Peterside, Arunma Oteh, and Aisha Yesufu, the group […]

Price of of cooking gas rose by 13.75% in May 2024
featured Oil and Gas

Cooking gas price hits ₦25,000 after PENGASSAN strike

The price of refilling a 12.5kg cylinder of Liquefied Petroleum Gas, commonly known as cooking gas, has drastically increased this week to ₦25,000 from ₦17,500 the previous week. Vanguard reported that the price of 1kg currently retails at between ₦1,500 and ₦2,000, depending on the location. The Executive Secretary of the Nigerian Association of Liquefied […]

Oil and Gas

Nigeria suffered 16% oil output loss over PENGASSAN-Dangote dispute

Nigeria reportedly suffered 16 per cent crude and gas production losses following a three-day oil workers’ strike that briefly threatened crude supplies to the Dangote Refinery before being called off. According to Bloomberg, Africa’s largest crude producer lost 283,000 barrels of oil per day within the first 24 hours of the strike, which was organized […]

Opinion

Oshiomhole faults PENGASSAN over nationwide strike, Dangote dispute

Former Nigeria Labour Congress president and current Senator, Adams Oshiomhole, has strongly criticized the Petroleum and Natural Gas Senior Staff Association of Nigeria for escalating its disagreement with the Dangote Refinery into a nationwide shutdown of oil facilities, labeling the action as hasty and unfair to other workers. Speaking in an interview with Arise Television […]

Price of of cooking gas rose by 13.75% in May 2024
featured Oil and Gas

Cooking gas price jumps 34.6% to N17,500 after PENGASSAN strike

The price for refilling a 12.5kg cylinder of Liquefied Petroleum Gas, commonly known as cooking gas, has surged by 34.6 per cent on a Week-on-Week basis, climbing to N17,500 this week from N12,750 recorded the previous week. Checks confirmed that the price of 1kg currently retails for between N1,350, N1,400, and N1,500, with variations depending […]

Oil and Gas

PENGASSAN denies signing reconciliation agreement with Dangote Refinery

The Petroleum and Natural Gas Senior Staff Association of Nigeria has stated that it was not a signatory to the communiqué that concluded its recent strike at Dangote Refinery. The union halted its nationwide strike on Wednesday following government intervention but maintained that its demands remain unresolved. Speaking on Channels Television’s The Morning Brief on […]

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