Categories: News

PENGASSAN CONSENTS TO SUBSIDY REMOVAL

The  Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has given the Federal Government the go-ahead to remove petrol subsidy despite the inability of local refineries to resume operation.

PENGASSAN President, Comrade Festus Osifo confirmed the position of the association while speaking with reporters at its National Executive

The President explained that since the crude oil which constitutes about 90% of the product cost is sold at international price, the difference between imported and locally produced petrol will be negligible.

VOP Lagos

Recent Posts

Adamawa Governor Fintiri Leads Mass Defection to APC

Ahmadu Umaru Fintiri, the Governor of Adamawa State, has officially left the Peoples Democratic Party…

52 minutes ago

Worker Killed as Soldiers Clash With Government Enforcement Team in Ogun State

Tragedy struck in Ogun State after a worker attached to the state’s planning authority was…

2 hours ago

Abaribe, Natasha, Ireti Snubbed as Tinubu Hosts Iftar at Aso Villa

President Bola Tinubu hosted a select group of senators for an Iftar dinner at the…

20 hours ago

Tinubu Approves Ajaokuta Free Trade Zone, Ododo Courts Investors

President Bola Tinubu has approved the creation of the Ajaokuta Free Trade Zone, a strategic…

20 hours ago

No Gun, No Violence Against Opposition – Tinubu

President Bola Tinubu has strongly denied allegations linking him to any form of violence against…

20 hours ago

APC Slams ADC Over Edo Shooting Allegation, Seeks Full Investigation

The All Progressives Congress (APC) has strongly condemned allegations made by the African Democratic Congress…

21 hours ago