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Business & Finance

Oil Workers Go On Strike Over Unbundling

2016-03-04T071856Z-1007950001-LYNXNPEC230CL-RTROPTP-3-OZABS-UK-NIGERIA-OIL
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The angry workers are said to have shut down all NNPC offices and facilities in a bid to protest the government’s move.

Employees of the National Petroleum Corporation (NNPC) have gone on strike following the Federal Government’s unbundling of the company into seven independent units.

The angry workers are said to have shut down all NNPC offices and facilities in a bid to protest the government’s move.

This decision to embark on the action was reached on Tuesday, March 8, 2016, during a meeting of the Group Executive Councils of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN).

According to the groups, they decided on the strike after “extensively discussing the pronouncement” and they “observed that the GMD/HMSP totally disregarded due process and failed to engage stakeholders.”

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“Hence, from midnight today (Tuesday, March 8), all NNPC locations will be shut down completely until further notice. Further directives will be communicated accordingly,” they said.

PENGASSAN spokesperson, Emmanuel Ojugbana told Premium Times that the union was not carried along in the decision to split the company.

The unbundling of NNPC was announced by Minister of State for Petroleum Resources, Ibe Kachikwu on Tuesday.

According to him, the oil company will be split into Upstream, Downstream, Gas & Power Marketing, Refineries and Ventures, Corporate Planning & Services and Finance and Accounts, all of which will run as independent units.

Source: pulse.ng


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