UNCERTAINTY seems to be looming in the oil sector over the November 1 set date for implementation of the full deregulation of the downstream sector following the threat of the Nigeria Labour Congress (NLC) to shut down the...
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The Senate yesterday summoned the Minister of Petroleum, Alhaji Rilwanu Lukman, the Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Mohammed Barkindo, the Director of Department of Petroleum Resources,...
SENATE yesterday resolved to intervene in planned nationawide shutdown by the Nigerian Labour Congress (NLC) over the deregulation policy of Federal Government summoning Petroleum minister, Alhaji Rilwan Lukman, Group Managing...
THE Presidency last night said it would not fold its arms and watch a few individuals unleash suffering on motorists in the name of fuel scarcity, warning that any marketer henceforth found to be hoarding petroleum products...
Any petroleum products marketer found to be hoarding fuel would face the full weight of the law, the Presidency has warned.Presidential spokesman, Mr. Olusegun Adeniyi gave the warning yesterday while fielding questions from...
The Senate yesterday resolved to summon all stakeholders in the oil sector to brief it on the matter in a move to avert any possible crisis that could result from the imminent deregulation of the downstream petroleum sector.
The Senate yesterday resolved to summon all stakeholders in the oil sector to brief it on the matter in a move to avert any possible crisis that could result from the imminent deregulation of the downstream petroleum sector.
The current situation where there is "induced scarcity" inspite of the availability of enough fuel at filling stations, has justified the campaign for deregulation of the downstream oil sector, the Federal Govern-ment has said.
The current situation where there is "induced scarcity" inspite of the availability of enough fuel at filling stations, has justified the campaign for deregulation of the downstream oil sector, the Federal Govern-ment has said.
Last weekend, the features feared as the likely outcome of the dreaded market deregulation burst out in full on the eve of November 1 which government initially slated for full deregulation of the downstream petroleum sector.
Last weekend, the features feared as the likely outcome of the dreaded market deregulation burst out in full on the eve of November 1 which government initially slated for full deregulation of the downstream petroleum sector.