Oil & Energy
NUPENG Condemns Calls For Withdrawal Of Subsidy
The National Union of Petroleum and Natural Gas Workers (NUPENG) has condemned calls for the removal of petroleum subsidy from some quarters in the country, warning that if government heeds such calls, it might lead to the collapse of the country.
Port Harcourt Zonal Chairman, NUPENG, Comrade Godwin Eruwa, told The Tide in an exclusive interview in Port Harcourt, that subsidy removal will push prices of products to the rooftops, thereby triggering inflation across the board, and make petroleum products unreachable to the ordinary Nigerian.
He argued that with the claim that they import kerosene at N161 per litre, it follows that the marketers would sell same officially at a cost of N165 per litre or more just to make profit, and asked how many Nigerians can afford to bear that burden with subsidy removal.
Meanwhile, The Tide investigations have revealed that sustained petroleum subsidy had cost the Federal Government an estimated 25 per cent of the 2010 national budget.
It would recalled that government regulates sale of kerosene, petrol and diesel at N40.90 kobo, N55, and N175 per litre respectively through the depots of the Petroleum Products Marketing Company (PPMC), a subsidiary of Nigerian National Petroleum Corporation (NNPC).
However, the Petroleum Products Pricing Regulatory Agency (PPPRA), allocates quarterly import quotas to the NNPC and products marketers, and pays them the difference between landing cost of the products and approved pump price under the subsidy regime.
But The Tide investigations reveal that corruption has turned the subsidy regime into huge racketeering as billions are siphoned into the pockets of those who are given products import allocations but either do not import the products or divert them elsewhere.
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Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
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