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Fuel Crisis Looms As Supply Drops …Minister Urges Nigerians Not To Panic
Nigerians could experience acute petroleum products scarcity in the coming days if the strike by oil workers continues.
The strike by the main oil industry workers unions – Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), and its junior staff counterpart, National Union of Petroleum and Natural Gas Workers (NUPENG) – entered the third day yesterday; as daily average fuel supply, particularly Premium Motor Spirit (PMS), commonly called petrol, dropped by more than 36 million litres.
The current industrial action embarked upon by NNPC staff has worsened, as other units of the company have joined the ongoing labour dispute.
Subsidiaries of the NNPC which have now joined the strike include: the Petroleum Products Marketing Company (PPMC), Kaduna Refining and Petro-chemical Company (KRPC), Port Harcourt Refining Company (PHRC), Warri Refining and Petrochemical Company (WRPC), Nigeria Gas Company (NGC), Hyson, Nigerian Petroleum Development Company (NPDC), National Petroleum Investment Management Services (NAPIMS), Integrated Data Services Limited (IDSL) and Department of Petroleum Resources (DPR).
The industry’s senior staff union, had on Tuesday called its member on an indefinite strike in sympathy with their colleagues in the Nigerian National Petroleum Corporation (NNPC), who are pressing for the resolution of issues regarding pensions’ management.
The pension issues were compounded by the revocation of the license of the NNPC pension scheme by the National Pensions Commission (PENCOM), over the corporation’s alleged inability to bridge the funding gap of about N85billion in its pension scheme.
Other demands are adequate and regular funding of the closed pension system, immediate steps to carry out Turn Around Maintenance (TAM) on the four refineries as agreed between government and the two unions (NUPENG and PENGASSAN), and restoration of crude supply to the refineries.
The NNPC, which has been running a closed pension scheme not subject to the regulation of the national pensions policy spelt out in the Pension Reform Act (PRA) 2014 as amended, was recently directed by PENCOM to discontinue its closed pension scheme arrangement and join the open scheme under the latter’s supervision; an arrangement the NNPC workers do not feel comfortable with.
Part of the unions’ demands underlining the industrial action has been for NNPC to be allowed to run its workers pension exclusively like other institutions as the Central Bank of Nigeria (CBN), in view of concerns of accountability and security of contributions under the open pension arrangement.
Another letter from PENCOM to the corporation on Monday, September 15, insisted on full compliance with the directive by using a 12-month window granted to wind down and “immediately take all necessary steps to transit to the Contributory Pension Scheme under the PRA.”
But, the letter appears to have inflamed the strike.
Though the NNPC management said it was dialoguing with PENCOM on an amicable solution, it appealed to the leadership of the industrial unions to exercise restraint in their handling of the issue.
The NNPC noted that since the commencement of the scheme in 2006, the management and staff had made efforts to bridge the funding gaps in the scheme, currently at N85billion as at June 2014, down from a deficit level of about N298billion in 2010.
The impact of the two-day old strike has so far significantly threatened NNPC operations nationwide, as the corporation accounts for more than 45 per cent of the about 40 million litres daily consumption of petroleum products. The major and independent petroleum products marketers account for the importation of the remaining 55 per cent of the products consumed nationwide.
Long queues of trucks were seen along the routes to NNPC depots in Ejigbo, and Mosimi fuel depots waiting for hours for their turn to load petroleum products.
The Chairman, Mosimi Depot of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Dele Tajudeen, said if nothing was done to resolve the crisis and the strike called off, the situation might worsen in the days ahead.
“I urge the Federal Government and the unions to come to terms in finding lasting solution to the lingering crisis to save the economy,”
Tajudeen said. “Most trucks have been here since Saturday night to load products to various states, but it’s unfortunate that they found themselves in this mess.”
At Ejigbo Depot, the situation was not different, as the strike had virtually crippled NNPC operations in the area, with loading of petroleum products only holding at private depots only at exorbitant charges.
Loading of petrol, which usually attracts an official price of N89.70 per litre, went for between N90 and N91 per litre.
The President, Nigerian Association of Liquefied Petroleum Gas (NALPGAM), Basil Ogbuanu, said the strike had also significantly affected loading of gas in some of the depots across the country.
According to him, the shut-down of Warri depot, which has the highest concentration of his members, would create scarcity of the product nationwide.
A statement from PENGASSAN on Wednesday did not offer any hope for an immediate resolution of the crisis, as its Media Officer, Babatunde Oke, said the strike would continue until the union extracted firm commitment from the NNPC on the issues at stake.
Oke said the unions were also demanding regular funding of the closed pension system, immediate steps to carry out turn around maintenance (TAM) on the four refineries as agreed between government and the two unions as well as restoration of crude supply to the refineries.
He said the issues had gone beyond granting of a 12-month grace to the NNPC by PENCOM, adding that the NNPC management should put in place machinery that would automatically fund the pension system without any bureaucratic bottleneck.
The union blamed the crisis on the inability of the NNPC board to meet for over a year to approve the proposal of the management for funding of the pension system.
Meanwhile, the Minister of Labour and Productivity, Chief Emeka Wogu, yesterday in Abuja urged Nigerians not to panic over the current fuel scarcity in the country.
Wogu made the call while speaking with newsmen on the ongoing strike by the oil and gas sectors.
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the National Union of Petroleum and Natural Gas Workers (NUPENG) on Monday shut down operations nationwide.
The unions had shut down operations nationwide over alleged irregular funding of their pension scheme, which had led to about N85billion deficit.
Other demands of the workers are the call for immediate steps to carry out Turn Around Maintenance (TAM) on the four refineries as agreed between government and the two unions and restoration of crude supply to the refineries
The minister said that talks were still ongoing with the management of the Nigerian National Petroleum Corporation (NNPC) and the in house unions of PENGASSAN and NUPENG.
“Everything is under control, discussions are going on, talks started yesterday and are still on.
“There should be no need for panic buying of fuel and I am positive that the issue will be resolved soon, ‘’ he said.
Most filling stations in Abuja are not selling the commodity while there are long queues at the few stations selling.
News
Ibas Inaugurates RSIEC, Service Commissions, Healthcare Board In Rivers …Charges Appointees To Embrace Principles Of Service

The Administrator of Rivers State, Vice Admiral (Rtd) Ibok-Ete Ibas, has charged newly appointed Board members to uphold the highest standards of discipline, competence, integrity, and unwavering dedication in their service to the State.
He emphasized that such commitment is critical to stabilizing governance, restoring democratic institutions, and advancing the principles of good governance in the State.
This was contained in a statement by the Administrator’s Senior Special Adviser on Media, Hector Igbikiowubo on Monday.
Ibas issued the charge on Monday while inaugurating the reconstituted Rivers State Independent Electoral Commission (RSIEC), Rivers State Civil Service Commission, Rivers State Local Government Service Commission, and the Rivers State Primary Health Care Management Board at Government House, Port Harcourt.
The Administrator urged the new appointees to embrace their roles with diligence, patriotism, and a commitment to transforming Rivers State through excellent service.
Addressing the Chairman and members of RSIEC, Ibas underscored their pivotal role in ensuring credible local government elections that reflect the will of the people.
“Your task is clear but demanding: to conduct free, fair, transparent, and credible elections at the grassroots level. You must resist bias, favoritism, and external interference while restoring public confidence in the electoral process,” he stated.
“The independence of your actions is crucial to sustaining peace, stability, and grassroots governance. I urge you to act with fairness, impartiality, and professionalism—even in the face of difficult choices,” Ibas added.
The Sole Administrator also charged the Rivers State Civil Service Commission on the need to eliminate mediocrity and foster a culture of excellence through merit-based recruitment, training, and promotions.
“The civil service must transition from favoritism to competence, integrity, and accountability. Your commission will lead reforms, including digital transformation and standardized practices across ministries, departments, and agencies,” he said.
He disclosed that extensive training programmes are underway, with a committee set up to overhaul the public service framework for greater efficiency.
Meanwhile, Ibas urged the Rivers State Local Government Service Commission to ensure professionalism and discipline in local government administration.
“As the closest tier of government to the people, you must drive reforms that insulate the system from politics and mediocrity. Your mandate includes merit-based recruitment, training, and enforcing standards for effective service delivery,” he stated.
In the same vein, the Administrator charged the Rivers State Primary Health Care Management Board with revitalizing healthcare delivery across the state’s 23 local government areas.
“Primary healthcare is the foundation of a sustainable health system. Your board must ensure facilities are adequately staffed, equipped, and operational focusing on maternal health, immunization, malaria control, and community health services,” he said.
He emphasized data-driven operations, incentives for rural health workers, and restoring the referral system to improve healthcare access.
He also assured the Board of sustained government support, including funding, for the effective discharge of their mandates but warned that board members would be held accountable for their performance.
The newly inaugurated members include: RSIEC: Dr. Michael Ekpai Odey (Chairman) with Prof. Arthur Nwafor, Prof. Joyce Akaninwor, and others as members.
Civil Service Commission: Dr. Livinus Bariki (Chairman), Amb. Lot Egopija, Mrs. Maeve Bestman, and others.
Local Govt. Service Commission: Mr. Isreal Amadi (Chairman), Rear Adm. Emmanuel Ofik (Rtd), Dr. Tonye Pepple, and others.
Primary Health Care Board: Dr. Dawari George (Chairman), Dr. Chituru Adiele (Executive Director), Prof. Kaladada Korubo, and representatives from key ministries.
News
Rivers PDP Debunks Sale Of LGA Election Forms

The Publicity Secretary of the Peoples Democratic Party (PDP) in Rivers State, Dr. Kenneth Yowika, has debunked claims that the party has commenced sale of forms for chairmanship and councillorship elections across the 23 local government areas of the state.
Yowika made the rebuttal in a statement made available to newsmen on Wednesday, describing the publication on the social media as baseless and untrue.
He urged members of the PDP to disregard the claim, saying that official communication regarding the sale of forms would be disclosed through the appropriate channels.
“With reference to information trending on social media, it has been falsely claimed that the sale of forms for Chairmanship and Councillorship elections in the 23 Local Government Areas (LGAs) of Rivers State will begin soon.
“However, the party has firmly denied these rumours, stating that they are baseless and untrue.
“The party has its own established methods of reaching out to its numerous supporters.
“The People’s Democratic Party, a law-abiding organisation, will patiently await the release of guidelines from the recently inaugurated Rivers State Independent Electoral Commission (RSIEC) before considering any sale of election forms.
“The PDP is urging its members to remain calm as official communication regarding the sale of forms will be disclosed through appropriate channels,” the statement read.
Enoch Epelle
News
South-South contributes N34trn to Nigeria’s economy in 2024 – Institute
Prof. Pius Olanrewaju, President of the Chartered Institute of Bankers of Nigeria (CIBN), has stated that the South-South region contributes N34 trillion to country’s economy in 2024.
He made the remark at the South-South Zonal Banking and Finance Conference in Calabar, yesterday.
He spoke on the theme, ‘’Building An Inclusive South-South: Economic Diversification as a Catalyst For Development.’’
Olanrewaju, who quoted the data from the Cable Data Index, said the feat was more than 21 per cent of Nigeria’s real Gross Domestic Product (GDP).
The president described the growth as ‘’ impressive,’’ saying that it was not driven by oil alone but significant expansions in trade, services, and the creative industries.
According to him, to fully harness this potential, coordinated financial, technological, and policy support is essential.
“As we work to reposition the South-South for broad-based prosperity, the financial system must play a central role, not merely as a source of capital, but as a catalyst for innovation, ideas incubation, and inclusive economic growth.
“This conference, therefore, provides a strategic opportunity for stakeholders to reimagine the South-South economy, not merely as a resource belt, but as a region of diverse capabilities and resilient enterprises.”
Olanrewaju added that Nigeria must move beyond old models and chart a new course for the development of the South-South region, where financial institutions and stakeholder collaborate to diversify the economy for shared prosperity.
He, however, commended Gov. Bassey Otu for his pledge of land for CIBN Secretariat in Cross River and being the first sitting governor to willingly undergo and complete the Chartered Bankers Programme.
On his part, Gov. Otu said that the conference discussion on the economic diversification in South-South region was timely against the backdrop of global trade and economic volatility that was affecting the nation’s economy.
Represented by his deputy, Mr Peter Odey, Otu said the South-South region must now act with urgency to diversify its economy while leveraging its shared natural endowment in agriculture and extractive resources.
“This conference must help develop tailored financial solutions that reflect the unique strengths and realities of states like Cross River in the south-south.
“Diversification should be evidence-based and must be backed not just by financial advice but project focused financing and real investment support,” he noted.
He said that Cross River had taken the bold step to invest in its agricultural sector by launching an Agro processing hub.
Otu further said that the state had invested in aviation by acquiring more aircrafts for Cally Air, construction of the Bakassi Deep Seaport and injecting N18 billion in its tourism sector.
Similarly, Mr Tolefe Jibunoh, Cross River Branch Controller of the Central Bank of Nigeria (CBN) said that the region was blessed with natural resources, cultural diversities and immense human potentials.
Jibunoh, who was represented by Mr Segun Shittu, Head, Currency Control Office, CBN, Calabar, noted that strategic diversification could unlock unprecedented opportunities for growth in the region.
He added that the CBN remained steadfast to maintain monetary possibilities and promote a sound financial system as a catalyst for sustainable economic development for the benefit of all.
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