Petroleum Africa
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Tuesday, July 12, 2016
Following the launch of a strike by Nigerian oil workers belonging to the PENGASSEN union, NNPC is calling for its citizens not to engage in “panic petrol buying.” According to reports the strike has raised fuel shortage concerns.
PENGASSAN said 10,000 of its members began striking over what union leadership says are issues “critical to survival” of Nigeria’s petroleum sector.
“The corporation has in stock enough products to satisfy local consumption requirements for the next 45 days,” said NNPC spokesman Garba Deen Muhammad in a Reuters report.
NNPC is in the midst of talks with union leaders to address their concerns. Some of the issues PENGASSAN wants addressed are JV funding and cash call arrears, according to the union these issues have stalled investment and job creation in the sector.
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