Dangote Targets 2.1m Barrels Daily Refining Accross Africa
By Zainab Bakare Dangote Industries Limited has announced plans to increase its combined refining capacity to 2.1 million barrels per day across Nigeria and Kenya as part of its long-term expansion strategy in Africa. The company’s Group Vice President for Oil and Gas, Devakumar Edwin, disclosed the plan during a visit by officials of the […]
Fuel Price Surge Deepens Hardship for Nigerians Amid Global Oil Crisis
By Jumoke Abubakar The recent surge in petroleum prices across Nigeria is being felt most acutely by ordinary citizens, as rising fuel costs continue to strain household incomes and small businesses. Analysts attribute the increase partly to the ongoing conflict between the United States and Iran, which has disrupted global oil supply and pushed crude […]
PENGASSAN Suspends Strike, Warns of Fresh Action if Demands are Ignored
By Chinedu Echianu The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has suspended its nationwide strike but warned it will not hesitate to resume without notice if its demands are not met. The strike, which began on September 28, was sparked by the sudden dismissal of 800 workers at the Dangote Refinery, […]
MAN, Warn Strikes Against Dangote May Imapact Economy
By Oluwakemi Kindness The ongoing labour dispute between the Nigeria Labour Congress (NLC), PENGASSAN, and the Dangote Group has raised fresh concerns about the country’s ability to attract and retain foreign investment. Business leaders, including the Director General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, have warned that nationwide strikes could undermine the […]