news-details

PENGASSAN urges FG to increase stake in Dangote refinery to 45%

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the Federal Government to increase its stake in Dangote refinery to 45 per cent from the current seven per cent.

Festus Osifo, president, PENGASSAN, made the call on Tuesday while presenting a communique and recommendations from the 3rd edition of the PENGASSAN Energy and Labour Summit in Lagos.

This, PENGASSAN said, is to foster product availability to meet local demand and ensure energy assurance and security for the citizens.

The union said the refineries should be modelled after the Nigerian Liquefied Natural Gas (NLNG) model, which appears to have been successful.

Related Posts
Advertisements
Market Overview
Top US Stocks
Cryptocurrency Market