NUPENG STRIKE THREAT: FG moves to avert nationwide fuel strike
In a bid to avert the looming industrial crises in the country, involving National Union of Petroleum and Natural Gas workers (NUPENG), oil marketers, Power Holding Company of Nigeria, PHCN, and the Nigeria Labour Congress, the coordinating minister of the economy and Finance Minister, Dr Ngozi Okonjo–Iweala has relocated to Lagos.
Banks refusal to fund fuel import heighten scarcity threats
Strong indications has emerged that financial institutions in the country have refuse to finance fuel importation, which may lead to scarcity of petroleum products in a couple of days.
‘EFCC must be encouraged to do the right thing’
The recent withdrawal of some charges by the Economic and Financial Crimes Commission, EFCC, against Pinnacle Oil and Gas and others, alleged to have been indicted in the subsidy scam, has raised concern in some quarters, as it was at first perceived as a ploy by the anti-graft agency to compromise the charges.
Ibori’s $15m: Delta Attorney General slams EFCC lawyer
Asaba—Delta State Attorney-General and Commissioner for Justice, Mr. Charles Ajuyah, SAN, has faulted comments by counsel to Economic and Financial Crimes Commission EFCC, Mr. Rotimi Jacobs, on the ownership of the purported $15m Ibori bribe, telling him to wait till the appropriate time instead of using the media “to argue a live case.”
Quality, driving force of Star – MD, NB
Following a successful re-launch of Star Larger beer in its new look, the brand owners, Nigerian Breweries Plc, said superior quality has been the driving force of the product.
Substandard Oil: LUPAN proposes joint committee to stem influx
Lubricant Producers Association of Nigeria, (LUPAN) has proposed committee of key stakeholders and regulatory agencies like Directorate of Petroleum Resources, (DPR), Standards Organisation of Nigeria (SON), Nigerian Custom Service NCS) and LUPAN, to help stem influx of substandard and fake lubricants.
