PENGASSAN gives con­di­tions for re­finer­ies pri­vati­sa­tion

Daily Trust - - NEWS - Sto­ries from Mo­hammed Shosanya, La­gos

Oil work­ers un­der the Petroleum and Nat­u­ral Gas Se­nior Staff As­so­ci­a­tion of Nigeria (PENGASSAN) have called on the Federal Govern­ment to fol­low due process and take care of all labour con­cerns be­fore sell­ing the na­tion’s re­finer­ies.

The as­so­ci­a­tion was re­act­ing to a re­cent me­dia re­port where the Min­is­ter of Petroleum Re­sources Mrs. Diezani Ali­son- Madueke said that the Federal Govern­ment will soon sale the re­finer­ies.

PENGASSAN Pres­i­dent Com­rade Ba­batunde Ogun said the min­is­ter ought to have ad­dressed the un­der­ly­ing is­sues be­fore mak­ing her state­ment.

He ex­plained that labour ad­vo­cated the adop­tion of the Strate­gic Part­ner­ship Model (SPM), just like Nige­rian Liq­ue­fied Nat­u­ral Gas (NLNG) model, for the own­er­ship struc­ture of the re­finer­ies, where core in­vestor shall take the 51 per cent golden stake and sec­tor unions and work­ers shall join the govern­ment and oth­ers to buy into the re­main­ing 49 per cent to re­duce govern­ment un­due in­ter­fer­ence in the run­ning of the re­finer­ies.

Ac­cord­ing to him, it sur­prised the union to hear the min­is­ter talked about the is­sue of the re­finer­ies at a time the union thought the is­sue has been laid to rest dur­ing a tri­par­tite meet­ing be­tween the labour, govern­ment and other stake­hold­ers.

The PENGASSAN Pres­i­dent ar­gued: “The min­is­ter is fond of talk­ing to the pub­lic be­fore dis­cussing with rel­e­vant stake­hold­ers and at the end of the day, af­ter dis­cussing with stake­hold­ers, such poli­cies that she had an­nounced will be put on hold. Due process should be fol­lowed in do­ing things in this coun­try.

“The first time she talked about the sales of the re­finer­ies was in Lon­don at an in­vest­ment fo­rum, when she said that the re­finer­ies will be pri­va­tised be­fore April and at the end of the day, the Pres­i­dency halted the process for the sales.”

He said that even if the govern­ment will re­lease the mi­nor­ity shares, the re­finer­ies must be in 100 per cent func­tional po­si­tion by car­ry­ing out a Turn Around Main­te­nance (TAM) on them with a guar­an­teed sup­ply of crude which is the feed stock of the re­finer­ies, adding that ad­e­quate se­cu­rity should also be pro­vided for all oil and gas in­fra­struc­tures, es­pe­cially pipe­lines and those trans­port­ing re­fined prod­ucts to de­pots and ter­mi­nals through­out the coun­try.

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