March 18, 2019

Minimum Wage: NNPC Opens Lid on Fuel Scarcity Due to Strike

Minimum Wage: NNPC Opens Lid on Fuel Scarcity Due to Strike

The impending strike by the organized labour over the lack of implementation of a new national minimum wage by the Federal Government has gotten Nigerians worried over its impact on the oil and gas sector with a scarcity of petroleum products purported to happen as a result of the industrial action.

However, the Nigerian National Petroleum Corporation (NNPC) has allayed the fears of Nigerians by stating there will not be a fuel scarcity, despite the organized labour’s insistence on a nationwide strike from November 6.

Also Read: No Existence of $3.5bn Subsidy Fund – NNPC

This was disclosed by the spokesperson of NNPC, Ndu Ughamadu, who spoke to the media on Sunday. He assured Nigerians about the availability of petroleum products to sustain the populace for a minimum of 39 days.

“The corporation had 39 days petroleum products sufficiency and about 25 days products availability on land.

“Motorists and other consumers of petroleum products are assured of adequate stock to meet their energy needs,” he said.

Rumours of possible fuel scarcity as a result of the strike began when oil unions pledged to join the strike.

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the National Union of Petroleum and Natural Gas Workers (NUPENG) had both declared their readiness to withdraw their services in compliance with the directive of the central labour movement.


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