Sunday 29 July 2012

NUPENG SUSPENDS STRIKE!

The National Union of Petroleum and Natural
Gas Workers (NUPENG) and the Jetties and
Petroleum Tank Farm Owners Association
(JEPTFON) on Friday suspended it two-day old
strike.
This is contained in a communiqué jointly signed by
NUPENG, JEPTFON, the Group Managing Director of
NNPC, the Executive Secretary, Petroleum Product
Pricing Regulatory Agency (PPPRA), the Minister of
State for Finance and the Minister of Labor.
The NUPENG President Igwe Achese and JEPTFON's
Enoch Kanawa, signed for the unions, while Chief
Emeka Wogu, Dr Yerima Ngama, Mr Andrew Yakubu
and Mr Reginald Stanley, signed for government.
The communiqué made available on Saturday stated
the Ministry of Finance had commenced the payment
of the Petroleum Subsidy for 2012.
It also assured the unions that the issuance of
Sovereign Debt Notes for verified and processed
batches would be concluded within two weeks.
The Federal Government assured NUPENG that steps
would be taken on the issue of access roads leading
to the refineries in Port Harcourt and Warri.
The communiqué stated that NNPC said it would
complete the `Turn Around Maintenance' (TAM) of
the refineries as planned and ensure availability of
crude them.
It was further resolved that JEPTFON "shall open the
jetties and depots owned by its members''.
It will be recalled that NUPENG had embarked on
strike over the non- payment of 2012 Petroleum
Subsidy arrears, state of the refineries, bad roads as
well as restructuring of loans of JEPTFON members.












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