The Petroleum and Natural Gas Workers of Nigeria, PENGASSAN has just confirmed to the News Agency of Nigeria, NAN that it has suspended its strike.
According to the statement released to NAN, the National Executive Council Meeting,said it suspended its strike after negotiation talks with the government
The Union had conducted negotiations with the Minister of Labour and Productivity, Chris Ngige. However, its grievances were mostly systemic problems and what PENGASSAN referred to as ‘unresolved issues.
Part of their grudge against the government includes paying of backlog of cash call arrears dating back to 2014. The union said the non-payment of the arrears is hampering the ability of the joint venture partners with the Nigerian National Petroleum Corporation (NNPC) to discharge their obligations both to the industry and their workers.
Also, the poor state of the country’s refineries and the massive waste of resources on turn around maintenance (TAM); continued importation of petroleum products; on-going industry reforms and NNPC restructuring as well as the politicisation of the passage of the Petroleum Industry Bill (PIB).
Nigeria’s oil industry is bedeviled with complicated issues. However, the root cause of the problem is a long term corruption and over-concentration of the Nigerian economy on oil as a primary source of revenue.
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