Leadership (Abuja)

Nigeria: No Plan to Hike Petrol Price, Says FG

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"The government has not negotiated with the workers on their severance package or what the future will hold for them."

The chairman said that the union had yet to schedule a date for discussions with government officials on the issue, but gave the assurance that NUPENG would not go on strike until it met with government representatives.

Korodo, however, said that the union had already informed members nationwide to proceed on strike if the government began the process of the privatisation.

NUPENG and PENGASSAN had on December 17, 2013, threatened to embark on strike on January 1, 2014, over the federal government's decision to privatise the refineries. The plan was, however, postponed until the unions met the representatives of government over the issue.

Oil Workers' Strike: No plans to sell refineries

- Presidency

The Presidency yesterday refuted the claim that the federal government was planning to sell the four refineries in the country.

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the National Union of Petroleum and Natural Gas Workers (NUPENG) had threatened to halt the loading of crude cargoes and shut down oil and gas production if government proceeded with the proposed sale.

This followed the announcement by the minister of petroleum resources, Diezani Alison-Madueke, on Bloomberg TV Africa, London, that government was going to sell the refineries.

But the special adviser to the president on media and publicity, Dr Reuben Abati, allayed the apprehension by the unions when he declared on Thursday that the federal government had no plans to sell the refineries.

Speaking to State House correspondents on Thursday, Abati appealed to NUPENG and PENGASSAN not to proceed with their planned strike.

The presidential spokesman said, "Government is not going to sell any refineries. There are no such plans and there is no presidential approval for such. Nobody, not even the minister of petroleum, has powers to sell any government property."

A presidential panel set up to audit the country's refineries led by a former minister of finance, Dr Kalu Idika Kalu, had recommended the sale of the refineries due to inadequate government funding and "sub-optimal performance".

The four refineries located in Warri, Kaduna and Port Harcourt have a combined capacity of 445,000 barrels per day.

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No Plans To Hike Petrol Price - Nigerian Govt

Fuel pump.

The government has assured Nigerians that it has no plans to increase the pump price of petrol from the present pump price of N97 per litre. Read more »