Wednesday 17 September 2014

CRISIS LOOMS AS NNPC, DPR WORKERS BEGIN STRIKE OVER PENSION ISSUES

Nigeria’s oil and gas industry may face unprecedented disruptions of both its downstream and upstream activities as workers of the Nigerian National Petroleum Corporation (NNPC) and the Department of Petroleum Resources (DPR) yesterday embarked on industrial action to protest the demand by the National Pension Commission (PenCom) for the two organisations to stop in-house pension fund management system and adopt the open pension system.


Other demands include immediate steps to carry out turn around maintenance (TAM) on the four refineries as agreed between government and the two unions and  restore crude supply to the refineries.

Read more @ Thisday Live

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