Nationwide strike looms over alleged $7b debt


BARRING any last minute adjustment, the Minister of Labour and Employment, Dr Chris Ngige and other senior government officials will today meet with representatives of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in Abuja.

The meeting is aimed at averting threat by the oil workers to embark on strike over alleged refusal of the Federal Government to settle $7billion cash call indebtedness to the International Oil Corporations (IOCs).

The workers argued that the development has made it difficult for them to get their salaries as at when due among others.

Already, the proposed strike is generating anxiety among Nigerians across the country.

A statement issued by the Deputy Director, Press and Public Relations, Ministry of Labour and Employment, Samuel Olowookere, explained that the meeting will discuss the modalities for ending the lingering crisis in the petroleum sector.


PENGASSAN had on Monday directed its  zonal leaders to mobilise for the strike, adding that  “Our members in the Department of Petroleum Resources (DPR), Petroleum Products Pricing Regulatory Agency (PPPRA), Petroleum Equalisation Fund (Monitoring Board) PEF (MB), Pipelines and Products Marketing Company (PPMC), National Petroleum Investment Management Services (NAPIMS), oil majors, labour and contract services companies, and petroleum products marketing companies will join in the action


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