Pengassan calls fg settle debt owed marketers avoid mass sack
It seems like you're referring to a news article or a statement made by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) regarding the Federal Government (FG) and the debt owed to marketers.
To summarize, PENGASSAN is urging the FG to settle the debt owed to marketers in the oil and gas industry to avoid mass sack of workers. The union is concerned that the outstanding debt may lead to the collapse of businesses and the loss of jobs, which could have a ripple effect on the economy.
Here's a possible breakdown of the issue:
- The FG owes marketers in the oil and gas industry a significant amount of money for the supply of petroleum products.
- The debt has been outstanding for a long time, and marketers are struggling to meet their financial obligations, including paying their workers' salaries.
- PENGASSAN is warning that if the debt is not settled, it could lead to the mass sack of workers in the industry, which would have severe consequences for the economy.
It's worth noting that this is a complex issue that involves multiple stakeholders, including the FG, marketers, and workers in the industry. A resolution will likely require negotiations and agreements between these parties to find a mutually beneficial solution.