Nigeria: NUPENG Asks FG to Concentrate On Passage of PIB Not Sale of Refineries

13 March 2014

The Nigeria Union of Petroleum and Natural Gas workers (NUPENG), Wednesday asked the federal government to concentrate its efforts on getting the Petroleum Industry Bill (PIB), which is currently before the National Assembly passed into law, rather than seeking to privatise the country's four major refineries.

The union in a reaction to comments by the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, on the suspension of the privatisation of the refineries, stated that a functional PIB will rather engender a competitive oil and gas industry and also encourage investments in refineries by private investors.

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