PENGASSAN threatens to shut down services over Oando’s purchase of Agip’s assets

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has withdrawn its members from offices and oil fields because they were not carried along in the sale plan of Eni/Agip assets to Oando Plc.

The branch Chairman of PENGASSAN, Agip Group, Port Harcourt, Eyong Survival, who issued the threat on Tuesday, frowned at Oando’s acquisition of 100 percent of the shares of NAOC Limited and Eni Nigeria outright sale of its 20 percent equity share in NAOC JV to Oando without interfacing or pre-informing the union.

According to him, the union had met with the company’s management when the sale of NAOC JV assets to Oando filtered into the air, but the managing director denied any of such plans.

Survival lamented that the sale of NAOC JV would throw lots of its members into the labour market considering the present hardship in the country.

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Comfort Samuel

I work with TV360 Nigeria, as a broadcast journalist, producer and reporter. I'm so passionate on what I do.

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