Video of the day

Sunday, 25 September 2016

we'll shut down Nigeria-PENGASSAN

It stated:  “Any attempt to sell these national assets will be met with stiff resistance from the Association, as PENGASSAN will galvanize every support, including that of our sister union and labour centres, to shut down this country by ensuring that every activity in the oil and gas sector is brought to a complete halt.
The Nigeria Labour Congress, NLC; Trade Union Congress of Nigeria, TUC; the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG; and Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, in one accord, told government that it would be playing with fire should it go ahead to sell the assets. 

However, Budget and Planning Minister, Udoma Udo Udoma, said  in a statement on Saturday that the Federal Government would not sell critical national assets to shore up its foreign reserves as well as have funds to retool the economy against the current downward plunge. According to him, government plans to source immediate funds to reflate the economy and implement capital projects in the 2016 budget. Already, NUPENG and PENGASSAN have threatened to shut Nigeria over the planned sale, which they argued, would not profit the nation but a few privileged Nigerians.
VANGUARD NEWS

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