“The CWC-in-Session wants the Federal Government to address the challenges of poverty, unemployment and hunger in the land. It adds that the Federal Government should vigorously address the issue of rising costs of goods and services.”
Browsing: Comrade Igwe Achese
“What happened, in simple language, is a rebalancing of the margins allowed and approved for stakeholders. So what the Petroleum Products Pricing Regulatory Agency, PPPRA, did was to take N1 from lightering expenses and add same to the bridging allowance. That is how we arrived at N7.20. Therefore, PMS remains at the ceiling of N145 per litre,” he said.
“We call on the National Assembly to expedite parliamentary actions for speedy passage of the bill for the purposes of engendering transparency, accountability and commensurate returns in the operations of Oil and Gas sector, we believe will further enhance the visibility and attractiveness of the sector to both foreign and local investors.”
The workers are protesting non-renewal of their Collective Bargaining Agreement, CBA, that expired three years ago, deplorable conditions of nation’s high ways, alleged harassment by security, especially Nigeria Security and Civil Defence Corps, NSCDC, and plans by Capital Oil Plc to declare 2000 members redundant due to its unresolved issue with Petroleum Products Marketing Company, PPMC.
The marketers also stated that the Federal Government owed them billions of naira and that if the money was paid, many dealers would delve into the business of PMS importation as against the current situation where only the Nigerian National Petroleum Corporation imports more than 90 per cent of the product.
A source close to the family of one of the victims said they (kidnappers) had established contact and were demanding for N100m as ransom.
The Union expressed rude shock at the act on the 14 oil workers of Nestoil, calling on security agencies to spread their dragnet to rescue them unhurt.
