Nigeria Federal Government Reverses Decision to Sell Refineries

Nigeria Federal Government Reverses Decision to Sell Refineries

The government would now work with the unions in the oil sector to formulate workable business models and strategies for the refineries.
The Turn Around Maintenance (TMA) which is already in process by the Ministry of Petroleum Resources would be continued.
These were part of the resolutions reached at the end of a meeting yesterday night with the unions in the oil sector convened at the instance of the Minister of Labour and Productivity, Chief Emeka Wogu, in Abuja.
In attendance were his Petroleum Resources counterpart, Mrs. Diezani Alison-Madueke, President, National Union of Petroleum and Natural Gas (NUPENG), Mr. Igwe Achese, President, Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr. Babatunde Ogun, Permanent Secretaries of the Ministries Labour and Petroleum Resources, Dr. Clement Illoh and Mr. Danladi Kefasi and national executive members of the two unions.
The resolution, which was read by Wogu, was signed by the Alison-Madueke, NUPENG and PENGASSAN Presidents, Igwe Achese and Babatunde Ogun and the General Secretaries of the union.
“Trade unions in the oil and gas sector of the economy namely NUPENG and PENGASSAN have agreed with the federal government to engage in social dialogue to develop viable and workable business models for the nation’s refineries,” he read.
“Based on the above understanding, the trade unions in the oil and gas sector shall not embark on any form of industrial actions over the subject matter.”
The unions in the oil sector were poised to down tools this month if the government goes ahead with the planned sale of the nation’s four refineries.
Source: thisday
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