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Oriental News Nigeria
Home»Energy»Oil & Gas»TUC Seeks FG Intervention To End Fuel Scarcity
Oil & Gas

TUC Seeks FG Intervention To End Fuel Scarcity

By orientalnewsngMay 18, 2015No Comments2 Mins Read
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Yemisi Izuora/Ijeoma Agudosi
TUC-NLC
The Trade Union  Congress of Nigeria(TUC) has appealed to the Federal government to take necessary steps end the current scarcity of petroleum products.

The Union expressed concern about its negative impact on all components of the  nation’s  economy.

TUC president Comrade Bobboi Kaigama and General-Secretary,Brrister Muhammad Lawal,gave the advice in a communiqué  issued at the end of the union’s National Executive Council meeting in Lagos.

The union also advised the  government to immediately reconvene a stakeholders meeting to address the controversies with the marketers with a view to urgently resolving the demand and supply deficit .

The Trade Union Congress urged  government to take concrete steps  on the issue of local refining to put a stop to the issue of importation of petroleum products and payment of subsidy.

It  implored   the Federal government to immediately halt and reverse the last minute transfers of the operatorship of OML 42, OML 40 and OML 30 which they alleged were arbitrarily handed over to Neconde Energy Limited, Eland/Elcrest and Shore Line respectively.

It demanded immediate reinstatement of the operatorship rights of the Nigeria Petroleum Development Company (NPDC), the NNPC subsidiary that has successfully operated the assets to avert industrial crisis in NNPC in view of the impact it will have on the ongoing transition process.

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