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NUPENG urges government not to sell nation's refineries

13 March 2014, 07:40

Lagos - The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) on Wednesday urged the Federal Government not to sell the country's four refineries.

A statement signed by NUPENG President, Mr Igwe Achese, said that “the union will resist the sales of the refineries.”

“We will resist any attempt by the government to go back on agreement signed with the unions that the nation’s refineries will not be privatised,” it stated.

The statement quoted PENGASSAN as having agreed with the Federal Government to engage in social dialogue to develop viable and workable business models for the nation’s refineries.

“We state that the refineries must be rehabilitated to work optimally which will account for at least seventy per cent of domestic production, instead of selling the nation’s assets.”

It urged the Minister of Petroleum Resources, Diezani Alison-Madueke, to concentrate on how the Petroleum Industry Bill (PIB) could be passed.

NUPENG expressed optimism the passage of PIB “will help open up the oil and gas sector to investors.”

-    NAN

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