BREAKING: NUPENG Suspends 2-Day Strike

NUPENG Dangote Meeting At DSS

NUPENG ends two-day strike after Dangote agrees to unionise drivers Meeting brokered by DSS led to a signed agreement Normal fuel loading operations have resumed The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has called off its two-day strike following a resolution reached with the Dangote Group during a meeting held on Tuesday. … Read more

‘There ‘ll be no fuel shortage’ – Dangote Assures Nigerians

Dangote Refinery Hikes Petrol Price to ₦880, Marketers Predict ₦900+ at Pumps

Dangote Refinery says there’s no fuel shortage despite drivers’ strike. NUPENG claims new drivers are told not to join union, Dangote denies. Talks ongoing between the union, company, and government. Despite an ongoing strike by fuel tanker drivers, Dangote Refinery has said there is no cause for alarm as fuel distribution remains stable nationwide. Eko … Read more

BREAKING: Dangote Refinery Begins Production

Dangote Refinery

EKO HOT BLOG reports that production at the Dangote Refinery and Petrochemical Company commenced on Friday. EDITOR’S PICKS Bye-Election: Ani Emerges APC Candidate To Fill Umahi’s Senate Seat Bayelsa Government Investigates ‘Marriage’ Between 4-Year-Old And 54-Year-Old Man Gunmen Abduct Ex-Imo Traditional Council Chair The refinery received the fifth crude oil shipment of one million barrels … Read more

Refineries Not Created To Reduce Petrol Price – Kyari Dismisses Speculations

Petrol prices

EKO HOT BLOG reports that the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, has said oil refineries were not created to reduce petrol prices. Kyari stated this on Friday when he appeared before the National Assembly Joint Committee on Appropriations. EDITOR’S PICKS APC Wins In Ekiti Local Government … Read more

Refurbish Nigerian Refineries Back To Stardard – Ex Minister Tells Tinubu’s Govt

Refineries

EKO HOT BLOG reports that a former Nigerian minister, Olu Falae has advised the President Bola Tinubu-led government to repair and sell off non-functioning refineries. Making this call while appearing on Channels TV’s Politics Today on Thursday, the former finance minister argued that the government was not capable of running the refineries. EDITOR’S PICKS APC Wins … Read more

Why We Are Demanding N200,000 Minimum Wage – NLC President

NLC

EKO HOT BLOG reports that following the recent indefinite strike suspension regarding the removal of petrol subsidy and other palliative disagreements, the Nigeria Labour Congress (NLC) President, Comrade Joe Ajaero, clarifies Labour’s position and demands in a revealing interview with Vanguard Newspaper. 90% of Demands Met, Claims NLC President Ajaero defended the strike suspension, stating … Read more

‘Pain And Hardship Will Continue Until…’ – Petrol Marketers

Petrol marketers

EKO HOT BLOG reports that the Independent Petroleum Marketers Association of Nigeria (IPMAN) has criticized President Bola Tinubu, saying he hasn’t displayed enough interest in restoring the country’s refineries. IPMAN Chairman in Rivers State, Mr. Joseph Obele, argued that the President’s plans are misguided for the economic issues the nation faces. EDITOR’S PICKS BREAKING: Tinubu … Read more

May 29: 15 Key Things You Need To Know Ahead Of Tinubu’s Inauguration

Removing Subsidy Tinubu

  As Nigeria prepares for the inauguration of Asiwaju Bola Tinubu as the country’s 16th president, there are key things you need to know. EKO HOT BLOG gathered that ahead of the inauguration, Nigerians have called on the president-elect to take quick actions to tackle critical issues in the country’s economy, security, fuel subsidy and … Read more

Let’s Activate Our Refineries; We Don’t Need Oil Subsidy – Atiku

Atiku

Atiku has said Nigeria must encourage local refineries to get rid of oil subsidy costs. Eko Hot Blog reports that the presidential candidate of the People’s Democratic Party (PDP), Atiku Abubakar, has said Nigeria needs functioning local refineries to be able to get rid of oil subsidy costs. EDITOR’S PICKS Twitter Launches $8 Monthly Subscription … Read more

Labour Reveals When FG Can Remove Fuel Subsidy, Laments $9.5bn Waste On Refineries

Fuel Subsidy

…noted that the TUC was not against the removal of the fuel subsidy if it would yield positive results.  EKO HOT BLOG reports that key labour unions in Nigeria met on Tuesday in Abuja where they outlined the conditions the Federal Government must meet before it would be allowed to remove fuel subsidy. Officials of … Read more

Nigeria Plans To Handover Refineries To Private Firms- Kyari

Petrol Subsidy

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, said the corporation will no longer be involved in the management of the nation’s refineries. Kyari said this policy direction will come into force upon the completion of the rehabilitation of the refineries. He said this on Wednesday as a special guest … Read more