Business
NUPENG Kicks Against NNPC Unbundling

Counselor (Commercial and Project), High Commission of India, Mr Machender Kanyal (middle), welcoming The Chairman, Local Organising Committee (Loc) of the 2016 World Mayors-African Region Investment Conference, during the Committee’s chairman working visit to the commission in Abuja on Tuesday. With them is the Conference Manager, Mr George Igoche.
The Leadership of
Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has kicked against the recent announcement by the Federal Government to unbundling the Nigerian National Petroleum Corporation (NNPC) into 30 companies.
In a statement by the union on Monday signed by its Secretary General, Comrade Joseph Ogbebor said that the unbundling of NNPC does not follow due process and therefore an attempt to provoke the oil and gas workers and cause industrial unrest in the country.
Ogbebor said that the NNPC unbundling is not consistent with the NNPC’s Act and the extant Laws establishing NNPC and expressed the union’s determination to resist the policy change as announced.
The union statement warned the Federal Government to desist from going ahead with the policy change in NNPC to forestall a major industrial crisis, stressing that a major restructure of the NNPC cannot be done without due consultation with major stakeholders in the oil and gas sector.
The union described the policy change as a more academic exercise existing in the minds of the Minister of State Petroleum Resources and some top officials of the NNPC, adding that the unilateral decision of the minister will not stand the test of time.
The union scribe said that the legality, appropriateness and timelessness of the exercise is condemnable , adding that the union will not tolerate any disengagement of the union members under the guise of unbundling the NNPC.
The union accused those behind the plot of unbundling the NNPC of wanting to kill the NNPC by all means and warned that the corporation is a creation of Law, hence it would take the repealing of the original Act to effect the change.
The union scribe further explained that the union will not fold its hands and allow few privileged persons fragment NNPC into pieces without following due process, stressing that those planning to fragment NNPC into pieces under the cover of disengaging workers should know that job creation and job security are the change agenda of the current administration Nigerians voted for.
He called on the federal government to call the Minister of State Petroleum Resources to order.
Phillip Okparaji
Business
RIVERS NUJ BACKS BONNY TOURISM, TASKS MEDIA ON DEVELOPMENT REPORTING
Business
Jonathan, Diri, Others Laud Firm’s Milestone in Bayelsa …Says Project Will Drive Industrialisation, Create Jobs
Business
AKG To Purchase More Aircraft —-Targets 10 Fleets this Year
-
News4 days agoRSG Targets Nine Million Residents in Mosquito Net Distribution Campaign
-
Oil & Energy4 days agoAiyedatiwa Signs New Electricity Bill
-
Maritime4 days agoMarine Minister Commends President Tinubu On NPERA Bill Assent
-
Oil & Energy4 days agoNLNG Commissions Research And Innovation Centre In RSU
-
News4 days agoKenPoly Holds Eight Convocations, August 29
-
News4 days agoRSG Begins Another Phase of Projects Commissioning Today
-
News4 days agoRMAFC Completes Revenue Sharing Review, Proposes New Pay
-
Maritime4 days agoNAGAFF Petitions IGP Over Alleged Maritime Police Harassment
