PENGASSAN threatens 30-day shutdown, Nigeria risks N1.37tn loss
The Petroleum and Natural Gas Senior Staff Association of Nigeria, which was protesting, warned on Thursday to halt oil production in Nigeria for 30 days if the federal government didn’t do something to stop the ongoing enormous oil theft in the Niger Delta.
Members of the union organised demonstrations in a number of cities across Nigeria, including Abuja, Kaduna, and Port Harcourt in Rivers State as well as Warri in Delta State.Information Guide Nigeria
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According to research by our correspondent, if the employees carry out their threat, Nigeria might lose nearly N1.37 trillion due to the non-production and sale of crude oil, a significant source of foreign cash.JAMB Result
He added, “They say they load vessels, but we don’t see any. Is it a needle?”
He then declared that failure by the authorities to find lasting solutions to the menace would push PENGASSAN into taking more drastic actions.
“We will shut down the country for 30 days until we all come to the round table to unravel the mysteries surrounding the thefts,” Osihiokhamele stated.
He added, “PENGASSAN will resort to shutting down production for 30 days by withdrawing members, both onshore and offshore, wherever they are producing crude, should the government fail to hearken to this warning.”
NS: PUNCH
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