Sale Of NNPC Assets: NUPENG Kicks

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), says it will not support the sale of Nigerian National Petroleum Corporation (NNPC) assets without proper consultation with labour unions in the petroleum sector.

The South-West Chairman of the union, Alhaji Tokunbo Korodo, made the declaration in an interview with newsmen yesterday in Lagos.

The oil workers had on November 13 declared that they would reject any attempt by the Federal Government to sell some of its stakes in the NNPC.

The Federal Ministry of Petroleum Resources released a draft policy document on the reform of the oil sector on November 10, which proposed the sale of some of its stake in the national oil firm.

According to Korodo, there is no way the unions will open their eyes and allow these assets to be sold without proper consultation.

“NUPENG says no to sale of NNPC assets, we are against any sale of the nation’s assets because there is no justification for it.

“They are planning to sell them to their cronies like they did in the power sector.

“We cannot continue to watch until they sell the whole nation.

“Labour unions cannot wake up and discover that assets are being put up for sale without consulting them; it will not work.

“The government needs to resolve labour issues before selling any assets,’’ he said.