Another round of fuel scarcity may after all be on the way, if nothing is done to resolve the lingering crisis between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Chevron management
The union is asking for, among other things, the revisit of the Collective Bargaining Agreement (CBA) reached between the management of Chevron and the union in 2012 and again the reinstatement of the executive chairman of the branch of the NUPENG in Chevron, Comrade Shabi Dada, who it said was removed from office one year ago for no just reasons as well as the issue of categorisation casualisation.
Read more @ Nation online
The fuel crisis that has crippled the economy in the last few months may worsen in the next three weeks, Managing Director, Seplat Petroleum Development Company Plc, Mr. Austin Avuru, warned yesterday.
He said the crisis was set to worsen as the Federal Government did not have enough money to pay for fuel subsidy, which has hit N2 billion per day.
Read more @ New telegraph
As the new president, Mohammadu Buhari settles into office today, it is clearly evident that one of the most urgent (may not necessarily be most important) task before him would the optimal decision on the lingering fuel crises (supply or pricing crises) which ironically welcomed him to office while bidding good (or bad) by to the former president Goodluck Jonathan last weekend.
With a flurry of arguments in the public media over the challenges of fuel crises concentrating on one dominant issue, subsidy, our series on this issue in today’s edition is taking a close look at the histonomics or (historical economics) side of the discuss on subsidy.
Read more @ SweetCrudeRep
In what many observers have described as Nigeria’s worst nightmare in recent times, several businesses caught in the web of the protracted fuel crisis are still counting their losses running into hundreds of millions, reports Ibrahim Apekhade Yusuf
Fuel crisis is not new in this part of the world. But to many Nigerians who have had to endure the bitter pill of the lingering fuel scarcity these past weeks, the hoopla generated by the non-availability of petroleum products have been rather unprecedented.
Read more @ SweetCrude Rep
Another round of fuel scarcity may after all be on the way, if nothing is done to resolve the lingering crisis between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Chevron management
