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Fuel Crisis, Scarcity Hit Nigeria At Xmas

fuel subsidy

Monumental crisis is about to happen in oil sector this Xmas Season,Oil workers under the aegis of the Nigeria Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Senior Staff Association of Nigeria will commence a nationwide strike on Monday (today) to protest the inability of the Federal Government to carry out turnaround maintenance of the nation’s four refineries and reduce pump prices of petrol in line with the slump in global prices of crude oil.

The unions said their members had been fully mobilised, adding that the strike would not be suspended until there was a strong commitment from the government and managements/operators of affected oil companies on the issues.

They said in a joint statement made available to our correspondents on Sunday by the Media and Information Officer, PENGASSAN, Mr. Babatunde Oke, that the strike would affect all oil and gas operations in the upstream, midstream and downstream sectors.

The over 40 per cent decline in the price of crude oil is expected to have brought about a reduction in the pump prices of petroleum products in the country, as seen in other countries around the world.

The oil workers had last Monday threatened to embark on the industrial action should the government fail to meet their demands.

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