Nigeria: Assets Sale - Pengassan Threatens Total Shut Down

26 September 2016

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has threatened to shut down the country if the federal government proceeds with the plan to sell national assets to alleviate the current economic recession.

PENGASSAN in a statement yesterday described the plan as self-destructive, saying it would only solve short term financial obligations. It said the plan was targeted at handing over the nation's collective wealth to a few individuals and would further impoverish the rest of the citizens.

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