Kachikwu: FG Must Insulate NNPC, NUPRC, NMDPRA from Political Interference to Restore Confidence in Oil Sector Seeks massive deployment of technology in crude production Wants end to multiple taxes, inflated project costs Expresses concern over overlapping mandates of sector regulators Advocates increase of NCI fund from $450m to $1bn
Emmanuel Addeh in Abuja and Peter Uzoho in Lagos
A former Minister of State Nigerian National Petroleum that if the Nigerian oil industry be weaned from political Nigerian Content Development for Petroleum and Group Company Limited (NNPC), must witness a significant leap, interference. Continued on page 32 Managing Director of the Prof. Ibe Kachikwu, has said the national oil company must Kachikwu, who spoke at the Tuesday 9 September, 2025 Vol 30. No 11111. Price: N400
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CVR: Over 3.5m Nigerians Registered in Three Weeks... Page 36
N149.39trn Debt: Abbas Clarifies Remarks, Says Tinubu Ensuring Responsible Borrowing, Edun Upbeat Juliet Akoje in Abuja
Also, the Minister of Finance expressed optimism about the Representatives, Hon. Tajudeen N149.39 trillion debt, stressing borrowing remains responsible Abbas, yesterday, clarified his President Bola Tinubu was and tied to productive invest- and Coordinating Minister of country’s fiscal outlook. the Economy, Mr. Wale Edun, Speaker of the House of earlier comments on Nigeria’s committed to ensuring that ments. Continued on page 32
NUPENG Strike: FG’s Peace Meeting with Dangote, Oil Workers Ends in Deadlock
PENGASSAN, NOGASA, NARTO, PETROAN join action Labour minister says negotiations may continue today NLC, TUC express solidarity, may declare dispute Nigerians face hardship, shutdown of downstream facilities begin
Emmanuel Addeh and Onyebuchi Ezigbo in Abuja
Downstream oil workers under the auspices of the Nigeria Union of Petroleum and Natural Gas (NUPENG) yesterday night failed to reach a peace deal with Dangote Refinery over their demand for unionisation of staff of the company. Following the deadlocked talks, NUPENG said that it will continue with the nationwide industrial action, which had already taken its toll in some states, following the shutdown of filling stations in several parts of the country. Also yesterday, the Petroleum and Natural Gas Senior Staff Association of Nigeria Continued on page 32
HONORARY FELLOWSHIP of Nigerian Academy of Letters ON THE OBI OF ONITSHA...
L-R: Independent Non-Executive Director, International Breweries Plc, Mrs. Awuneba Ajumogobia; Obi of Onitsha, HRM, Igwe Nnaemeka Alfred Achebe; Company Secretary, International Breweries Plc, Mrs. Temitope Oluwatosin; and Secretary of Nigerian Academy of Letters (NAL), Prof. Olakunmbi Olasope, during the conferment of Honorary Fellowship, NAL on the Obi of Onitsha at the 27th Convocation and Investiture of New Fellows in Lagos… recently