PENGASSAN endorses govt’s unbundling of NNPC

*NNPC Towers.

*NNPC Towers.

*Cautions on impact on workers

Oscarline Onwuemenyi

16 December 2015, Sweetcrude, Abuja –
Oil workers, under the auspices of Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, have endorsed efforts by the Federal government to unbundle the Nigeria National Petroleum Corporation, NNPC.

The union also insisted that local refining of petroleum products and sustained functioning of the refineries, holds the key out of the present quagmire of fuel scarcity and subsidy claims.

Speaking yesterday in Abuja at the 4th Triennial Delegates’ Conference holding in Abuja, President of PENGASSAN, Mr. Francis Johnson said association was all for splitting the national oil and gas behemoth in order to make it more efficient and even profitable.

He also endorsed the present administration’s reforms in the industry, cautioned government not to make workers first victims in the proposed unbundling of the corporation, as it would create a ripple effect of industrial unrest in the sector.

“We welcome the plan to unbundle the NNPC as proposed in the PIB which will be represented to the National Assembly in the first quarter of 2016,” he said.

Recent reports suggest that strategies to unbundle the national oil corporation may take centre-stage in the abridged Petroleum Industry Bill (PIB) which is scheduled for re-presentation to the National Assembly in the first quarter of 2016.

Johnson said a memo detailing grievances of workers in the oil and gas sector would soon be forwarded to the minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, noting that the proposed PIB as it is in the draft copy was anti-labour and against harmonious industrial relations.

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