May 21, 2018

NUPENG kicks against NNPC’s unbundling

NUPENG kicks against NNPC’s unbundling

Oil workers under the aegis of the Nigeria Union of Petroleum and Natural Gas Workers have expressed reservations about the plan to unbundle the Nigerian National Petroleum Corporation into 30 companies without following due process.

The union stated in a statement on Sunday that the move was an attempt to provoke workers in the oil and gas sector and cause industrial unrest in the country.

NUPENG stated that the restructuring in the oil and gas industry, especially at the NNPC, to achieve optimal performance could not be achieved without due consultation with the unions and other stakeholders in the sector.

The union stated that the unilateral action of the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, was not in consonance with the laws establishing the NNPC. Read more

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