Nigeria: Mele Kyari in EFCC Custody Over Refinery Probe/in /by
[Daily Trust] Mele Kyari, a former Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL), is currently at the headquarters of the Economic and Financial Crimes Commission, Daily Trust can confirm.
Nigeria: TUC Rejects 5 Percent Fuel Surcharge, Gives FG Ultimatum/in /by
[Daily Trust] The leadership of Trade Union Congress (TUC), says has rejected the Federal Government's planned 5 per cent tax on petroleum products, describing the proposal as "reckless and an act of economic wickedness".
Liberia: Bility Accuses Govt of Sabotaging Petroleum Firms – Moye Defends Fee Cuts/in /by
[Liberian Investigator] Representative Musa Hassan Bility has accused the Liberian government of sabotaging local petroleum businesses by slashing storage fees from 35 cents to 2 cents per gallon, a move he says will cripple Liberian-owned terminals and centralize power in the state-run Liberia Petroleum Refining Company (LPRC). Bong County Senator Prince K. Moye, however, dismissed the accusations as "self-serving," insisting the reform is designed to cut fuel costs and redirect millions of dollars into health care and
Mozambique: Standard Bank Believes Resumption of LNG Project Will Improve Business Confidence/in /by
[AIM] Maputo -- The Mozambican branch of the South African Standard Bank believes that the resumption of natural gas liquefaction projects in the northern province of Cabo Delgado will improve the country's business confidence and foreign exchange inflows.
Nigeria: NUPENG, Ipman Suspend Strike After Agreement With Dangote Refinery/in /by
[Premium Times] The MoU added that the process of unionisation would begin immediately and be completed within two weeks.
Liberia: Bility Fears Govt Fee Cuts Could Hurt Liberian Petrol Businesses/in /by
[New Dawn] Nimba County District 7 Representative Musa Hassan Bility has criticized the Government's decision to cut storage fees for Liberian terminal operators from 35 cents ($0.35) to 2 cents ($0.02) per gallon, while creating new "technical" costs for the Liberia Petroleum Refining Company (LPRC), the primary beneficiary of these cuts.
Nigeria: NUPENG Strike – Roadside Petrol Vendors Spring Up in Calabar/in /by
[Premium Times] Meanwhile, NUPENG on Tuesday evening suspended its strike following an agreement with the management of Dangote Refinery to recognise workers' rights to unionise, Channels TV reported.
Nigeria: Explainer – the 5% Surcharge On Fuel: What Is True and What Is Not/in /by
[Premium Times] Taiwo Oyedele, the chair of the Presidential Fiscal Policy & Tax Reforms Committee clarifies Nigeria's five percent surcharge on fuel & Presidential Fiscal Policy & Tax Reforms Committee
Nigeria: Tinubu’s Govt Didn’t Introduce Fuel Tax – Presidential Committee/in /by
[Daily Trust] The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, says President Bola Tinubu's administration is not responsible for introducing the controversial 5% surcharge on fuel.
Nigeria: Strike – Dangote, NUPENG, FG’s Meeting Ends in Stalemate, Negotiation Continues/in /by
[Daily Trust] The peace meeting convened by the Federal Government to resolve the dispute between oil workers under the aegis of the Nigeria Union of Petroleum and Natural Gas (NUPENG) and the Dangote Refinery ended in a stalemate, Daily Trust can confirm.