Fuel tax on hold till naira strengthens, oil price drops – Oyedele
Taiwo Oyedele says the proposed 5% fuel surcharge will not begin until the naira strengthens or oil prices fall, to avoid worsening Nigerians’ financial hardship.
Taiwo Oyedele says the proposed 5% fuel surcharge will not begin until the naira strengthens or oil prices fall, to avoid worsening Nigerians’ financial hardship.
Petrol prices in Abuja remain high as marketers blame reliance on third-party depots instead of direct supply from Dangote Refinery.
The House of Representatives has resolved to mediate in the dispute between PENGASSAN and the Dangote Refinery to safeguard private investments and ease the fuel crisis caused by the industrial action.
Dangote Refinery has debunked reports alleging it imported petrol with high sulphur content, insisting the shipment was only feedstock used in refining.
Petrol prices surged to as high as N945 per litre in Abuja as supply disruptions from the PENGASSAN strike triggered scarcity and depot price hikes.
NUPENG has declared Senator Adams Oshiomhole persona non grata for criticising PENGASSAN’s strike against Dangote Refinery, accusing him of betraying Nigerian workers and rationalising their victimisation.
The Federal Government has declared the Dangote Refinery a vital national asset, urging PENGASSAN to avoid crippling actions and stressing that “Nigeria is greater than PENGASSAN.”
Dangote Refinery offered to pay sacked workers five years’ salaries without work, but PENGASSAN rejected the plan, securing redeployment instead.
PENGASSAN suspended its nationwide strike against Dangote Refinery out of respect for government intervention but vowed to resume if agreed terms are breached.
The Federal Government has resolved the industrial dispute between the Dangote Refinery and PENGASSAN after two days of negotiations, securing commitments on workers’ rights, redeployment, and strike suspension.