House Committee Probes Refineries, Crude Supply And Dangote–NUPENG Dispute
Lawmakers launch fresh probe into refineries, crude supply challenges, OVH acquisition and intervene in Dangote–NUPENG crisis.
Lawmakers launch fresh probe into refineries, crude supply challenges, OVH acquisition and intervene in Dangote–NUPENG crisis.
NUPRC chief Gbenga Komolafe says crude oil losses drop sharply after Tinubu’s directive and new monitoring regulations.
PETROAN President Billy Gillis-Harry warns energy security is at risk if one company controls refining to retailing.
Dangote Refinery urges government intervention after PENGASSAN ordered branches to halt crude and gas supplies to its operations.
PENGASSAN orders members to cut gas and crude supply to Dangote Refinery after staff were disengaged.
Air Peace CEO Allen Onyema credits Tinubu’s government for backing Nigerian airlines to challenge global dominance on foreign routes.
Dangote Refinery cites sabotage and safety risks for staff disengagement, but PENGASSAN condemns mass sackings as anti-labour.
Providus and Unity shareholders approve merger, creating Nigeria’s ninth-largest bank by assets with N5.3 trillion in total assets.
Air Peace strengthens fleet with second Embraer 190, boosting domestic and regional connectivity as well as passenger comfort.
SMEDAN DG Charles Odii says Tinubu’s tax reforms raise exemption to ₦50m, removing fears keeping small firms informal.
Dangote Refinery says over 3,000 Nigerians remain employed as it reorganises to protect safety and workers’ rights.
Air Peace joins NBCC; Chairman Onyema highlights aviation’s role in boosting Nigeria-UK trade, tourism, and bilateral economic growth.
Shareholders approved Providus and Unity merger, affirming CBN reforms and boosting confidence in Nigeria’s banking sector.
AMCON has offloaded Unity Bank shares to Providus Bank in a N6.5bn deal, boosting plans for a nationwide merger.
The NUPRC has approved TotalEnergies’ $510m sale of its 12.5% stake in OML 118 to Shell and Agip, subject to ministerial consent.
PENGASSAN’s Osifo warns that selling oil assets will risk Nigeria’s future, insisting IPO listing of NNPC ensures transparency, growth.
Former CIBN president Segun Ajibola cautious that recapitalisation risks include forced alliances, shareholder losses and unhealthy mergers.
Kano-Jigawa MAN praised Dangote Refinery’s diesel price cuts, saying cheaper energy is reviving industries and sustaining jobs.
Abdul Samad Rabiu praises Tinubu’s reforms, says forex reliance on CBN has ended, naira may strengthen to ₦1,300–₦1,400 by December.
Joy Ohaji warns rising debts, costly grid directives, and weak governance risk crippling Nigeria’s fragile electricity sector.
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