Tag: #NigeriaOilSector
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COURT ADJOURNS DANGOTE PETROLEUM REFINERY’S SUIT AGAINST NNPCL OVER OIL IMPORT LICENCE DISPUTE TO NOVEMBER 5
The Federal High Court in Abuja has adjourned the hearing of a lawsuit filed by Dangote Petroleum Refinery and Petrochemicals FZE against Nigeria National Petroleum Company Limited (NNPCL) and others concerning oil import licences. The hearing, initially scheduled for Wednesday, was postponed due to the presiding judge Justice Mohammed Umar’s absence, as he was sitting…
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NUPENG, PENGASSAN STRONGLY OPPOSE FG’S PLAN TO SELL JV OIL ASSETS, PIA AMENDMENTS
Unions warn selling stakes risks Nigeria’s oil future and economic stability. NUPENG and PENGASSAN condemn the Federal Government’s move to sell its Joint Venture oil assets, calling it a threat to NNPC Ltd. and Nigeria’s economy. They also reject changes to the Petroleum Industry Act that remove petroleum ministry’s control over NNPC. Leaders urge focus…
