Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,173,745 members, 7,889,402 topics. Date: Sunday, 14 July 2024 at 11:19 AM

NNPC Cautions Against Panic Petrol Buying - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / NNPC Cautions Against Panic Petrol Buying (429 Views)

The Yoruba Initiatives Cautions Against Agitation To Break Nigeria / Lai Mohammed Cautions Against Words That Can Jeopardize Release Of Chibok Girls / Ikpeazu To Appeal High Court Judgement: Tells Abians Not To Panic (2) (3) (4)

(1) (Reply)

NNPC Cautions Against Panic Petrol Buying by okpiewon(m): 7:07pm On Jul 09, 2016
The Nigerian National Petroleum Corporation (NNPC) has cautioned Nigerians not to engage in panic petrol buying, after members of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) went on strike.

“The corporation has in stock enough products to satisfy local consumption requirements for the next 45 days,” said NNPC spokesman Garba Deen Muhammad.
Petrol shortages caused lengthy queues for motorists seeking to fill their tanks earlier this year after fuel importers struggled to find dollars needed to pay for refined oil products due to foreign exchange restrictions imposed by the central bank.PENGASSAN on Thursday said 10,000 of its members, which include refinery workers and office staff, had begun industrial action over issues “critical to the survival” of the country’s energy sector. Muhammad also said the state oil company had begun talks with trade union leaders to address their concerns.
PENGASSAN said it decided to strike over issues such as joint venture funding and cash call arrears, which it said had stalled the creation of new jobs and investment in the sector.
Cash calls are the government’s financial obligations to joint venture projects between NNPC and international and local oil companies

Source:http://www.sarakinews.com/2016/07/nnpc-cautions-against-panic-petrol.html
Re: NNPC Cautions Against Panic Petrol Buying by SeverusSnape(m): 7:09pm On Jul 09, 2016
Saraki news? grin grin grin
Re: NNPC Cautions Against Panic Petrol Buying by ify2016: 7:11pm On Jul 09, 2016
okpiewon:
The Nigerian National Petroleum Corporation (NNPC) has cautioned Nigerians not to engage in panic petrol buying, after members of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) went on strike.

“The corporation has in stock enough products to satisfy local consumption requirements for the next 45 days,” said NNPC spokesman Garba Deen Muhammad.
Petrol shortages caused lengthy queues for motorists seeking to fill their tanks earlier this year after fuel importers struggled to find dollars needed to pay for refined oil products due to foreign exchange restrictions imposed by the central bank.PENGASSAN on Thursday said 10,000 of its members, which include refinery workers and office staff, had begun industrial action over issues “critical to the survival” of the country’s energy sector. Muhammad also said the state oil company had begun talks with trade union leaders to address their concerns.
PENGASSAN said it decided to strike over issues such as joint venture funding and cash call arrears, which it said had stalled the creation of new jobs and investment in the sector.
Cash calls are the government’s financial obligations to joint venture projects between NNPC and international and local oil companies

Source:http://www.sarakinews.com/2016/07/nnpc-cautions-against-panic-petrol.html

Do what ever sh**t you wanna do. We are fed up with all these bad news . Too much confusion in this government

(1) (Reply)

Investigate Buratai , Group Asks EFCC / WHAT AGAIN!!!! Boroh Not Sabotaging Fg’s Dialogue With Avengers – N’delta Elde / Reps Urge FG To Halt Planned 100% Electricity Tariff Increase

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 9
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.