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Oil workers asks for N90,000 minimum wage after fuel subsidy removal

With the just-announce increment in price of petrol from N86.5 to N145, oil workers in Nigeria has also made a counter move of requesting from federal government an increase of wages from N18,000 to N90,000.

“With the new pump price of N145 per litre, government must speed up the negotiation process for a new minimum wage of N90, 000 to cushion the effect of the envisaged inflation”, the workers said.

The oil workers, which consist of Petroleum and Natural Gas Senior Staff Association and National Union of Petroleum and Natural Gas Workers, made the submition after their meeting in Calabar, Cross River on Friday, commending the government for the removing ruel subsidy and deregulating oil downstream sector.

Their communique jointly signed by the President of PENGASSAN, Francis Olabode-Johnson , and his NUPENG counterpart, Dr Igwe Achese reads:

After a joint meeting of NUPENG and PENGASSAN, we hereby applaud the Federal Government for the removal of subsidy to create way for private participation in the oil and gas sector. “We will seek negotiation with the Federal Government in order to monitor the proceeds that would accrue from the price increase.

“It is not all about price increase; we must monitor the proceeds and ensure that it is being re-invested into critical sectors of the economy.

“We will watch with keen interest how the money that would accrue from the increase would be implemented to better the lives of Nigerians.

They added that Nigerians have been yearning for the removal of subsidy for many years now but to no avail. “The price is the secondary issue; the Federal Government has brought up a policy that would stop money from entering into the hands of few individuals.

“The subsidy removal is a welcome development; we must not mortgage our economy into the hands of few selfish individuals,’’ the workers said.

Both unions condemned the renewed spate of pipeline vandalism in the Niger Delta, and urged the government to check the illegalities of the militants. They also urged the government not to sell refineries to private individuals as scrap, but should grant full financial autonomy to the management of the refineries for optimal production.

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