According to the lawmakers, the levy will be used to fund the Petroleum Equalisation Fund (PEF) as reflected in the new bill.
Browsing: National Union of Petroleum and Natural Gas workers
According to the statement, many of the oil marketing companies are owed up to nine months’ salaries while some marketers have resorted to retrenchment of workers.
…Says union not recognised under Act Oscarline Onwuemenyi 16 September 2017, Sweetcrude, Abuja – The Federal government has declared that…
The seven day ultimatum threat notice dated 8th September, 2017, which is expected to elapse on Friday, 15th September, 2017, was sent to the Minister of Labour and Employment, Dr. Chris Ngige, and is expected to paralyze key sectors of the nation’s economy.
The retrenchment of the workers followed the company’s indebtedness to a commercial bank to the tune of N25 billion which led to AMCOM taking over the assets and liabilities of Seawolf.
“We want to send a note of warning to the Federal legislators to stop playing politics with the safety of lives on the Federal highways. The rainy season has exposed the very soft under belly of our road networks and our members are the first line of casualties.”
“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.”
“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.
Olawale said, “These statistics are alarming, disconcerting and should ordinarily spur the government into taking action towards reducing incidences of the carnage occasioned by accidents involving fuel tankers and other articulated vehicles.”
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.
