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Market Digest Nigeria

Economy

Oil workers strike continue, as meeting with Nigerian govt was inconclusive

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Wednesday said a meeting it held with the Federal Government was inconclusive.

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Wednesday said a meeting it held with the Federal Government was inconclusive.

The President, Felix Osifo, gave the update in a statement.

He said the government was yet to address some of PENGASSAN’s demands.

The parties had disagreed after the directive that the oil workers register for the Integrated Payroll and Personnel Information System (IPPIS).

Osifo disclosed that PENGASSAN maintained that Petroleum Training Institute and Petroleum Product Pricing Regulatory Agency, must be paid using the harmonized template of 2015.

He noted that this was already in use by the budget office, appropriated by the National Assembly and signed by President Muhammadu Buhari into law.

The labour leader said the union wants a high-powered committee, comprising Nigeria Union of Petroleum and Natural Gas workers and PENGASSAN Presidents, to settle the outstanding issues surrounding the IPPIS platform.

“For the 22 months salary arrears, government agreed to pay 50 per cent and that the balance would be worked out after Federation Accounts Allocation Committee has met. PENGASSAN has agreed, but insisted that there should be a definite date for payment of the balance,’’ he said.

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