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Price Cuts by NNPCL and Dangote Refinery Spark Market Rivalry

The Nigerian National Petroleum Company Limited (NNPCL) has reduced the ex-depot price of petrol to ₦899 per litre, following a similar price adjustment by the Dangote Refinery. This reduction marks a significant step in the competitive landscape of Nigeria’s downstream oil sector. PETROAN, the association of petroleum retailers, praised the move as a “significant milestone” […]

Avoid Economic Disruption, Private Sector Appeals To FG, NLC

The Organised Private Sector of Nigeria (OPSN) is urging the Federal Government and labour unions to take concerted efforts in preventing any disruption to socio-economic activities. In a statement issued by Mr. Segun Ajayi-Kadir, Head of the OPSN Secretariat in Lagos, the collective comprises five business membership organizations: the Manufacturers Association of Nigeria, the Nigerian […]

Senate Urges NLC to Halt Impending Fuel Subsidy Removal Strike

The Senate has issued an appeal to the Nigeria Labour Congress (NLC), urging them to suspend their impending strike concerning the removal of fuel subsidy and instead continue negotiations with the Federal Government. This resolution by the Senate came after they considered and adopted a motion during their plenary session on Monday. The motion, titled […]

NLC Threatens Strike Over Fuel Price Hike

The Nigeria Labour Congress (NLC) has threatened to cal out its members on a nationwide protest over the recent increase in the pump price of  premium motor spirit otherwise known as petrol. Rising from a meeting on Tuesday, labour leaders gave President Bola Tinubu’s administration a seven-day ultimatum to reverse what they consider “anti-poor” policies. […]

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