Category: Business News
Business News
PENGASSAN advocates rehabilitation of oil, gas infrastructures
By Energy Worth with Agency Report The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called for the rehabilitation of the refineries, depots and other oil and gas infrastructural facilities in Nigeria, stating that it is the solutions to end the current fuel scarcity. The senior staff trade union expressed concern at…
NNPC imports $5.8bn Worth of Petrol to reduce fuel queue
By Energy Worth The Nigerian National Petroleum Corporation (NNPC) has disclosed that it has imported 9.8 million metric tons of Premium Motor Spirit (PMS) worth $5.8 billion to combat the fuel crisis that resurfaced since late last year. This was disclosed by the Group Managing Director of the corporation, Dr. Maikanti Baru, during a…
Uncertainties over FG’s 20-year power transmission plan
By Energy Worth with Agency Report THE recent announcement by the Federal Government of a 20-year electricity transmission development plan looks real but may be affected like every other ambitious long-term plan the government has ventured into. A document presented to the Minister of Power, Works and Housing, Mr Babatunde Fashola by the Interim…