Daily Archives: July 11, 2018

NUPENG seeks stakeholders’ summit to address oil, gas challenges

  The Nigeria Union of Petroleum and Natural Gas (NUPENG) wants stakeholders in the nation’s oil and gas sector to immediately convene a summit to address unemployment and industrial relations crises in the sector.   The union also announced the suspension of its planned industrial action and the withdrawal of the ultimatum it issued, adding […]

Nigeria to probe state oil company

  Nigerian legislators voted on Tuesday to probe the state oil firm over a shortfall in revenue remittances to government coffers, in a motion passed by the lower house of parliament.   In June, Nigeria’s finance minister called the Nigerian National Petroleum Corporation’s (NNPC’s) payments to the government account “unacceptable”, as they were less than […]

Govt Reads Riot Act to IOCs, Other Oil Firms Over Unfair Labour Practices

The Federal Government Tuesday read a riot act to multinational oil firms and other oil companies in the nation’s oil and gas sector over upsurge in unfair labour practices.       It will be recalled that Nigeria Union of Petroleum and Natural Workers, NUPENG and its Petroleum and Natural Gas Senior Staff Association of […]