Petrol: NUPENG, PENGASSAN Suggest Refineries Fixing Before Subsidy Removal - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
April 9, 2020
The National Union of Petroleum and Natural Gas Workers, NUPENG says any deregulation in the petroleum sector that is still dependent on importation of oil would affect the economy negatively.
The Union’s General Secretary,Afolabi Olawale said the position of the NUPENG had always been that thegovernment should fix the refineries to be up and running before deregulation,if not it will have negative impact on the nation’s economy.
On its part, the Petroleum andNatural Gas Senior Staff Association of Nigeria, PENGASSAN has described thesubsidy removal on petroleum products as a right step in a right direction, butadded that it was not workable.
The union’s Spokesman Fortune Obialso agreed with Olawale that the removal of the subsidy could have beensustainable if the country’s refineries were working, arguing that it isdifficult to control the price of what one did not produce.
He added that the removal of thesubsidy is a right step in a right direction, but government must fix therefineries.