Strike oil workers unions tackle fg

The strike by oil workers in Nigeria, led by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the National Union of Petroleum and Natural Gas Workers (NUPENG), has been ongoing for several weeks. The strike was called in response to the failure of the Federal Government (FG) to address the demands of the workers, including the payment of outstanding allowances and the implementation of the new minimum wage.

The strike has had a significant impact on the oil industry, with production levels declining and exports being disrupted. The FG has been trying to negotiate with the unions to resolve the dispute, but so far, no agreement has been reached.

Some of the key demands of the unions include:

  1. Payment of outstanding allowances: The unions are demanding the payment of outstanding allowances, including the 2014-2019 allowance arrears, which they claim amount to N100 billion.
  2. Implementation of the new minimum wage: The unions are demanding the implementation of the new minimum wage, which was signed into law in April 2019.
  3. Improved working conditions: The unions are demanding improved working conditions, including better safety measures and the provision of essential facilities such as housing and healthcare.
  4. Increased funding for the oil industry: The unions are demanding increased funding for the oil industry, including the provision of more resources for the development of the industry.

The FG has been trying to negotiate with the unions to resolve the dispute, but so far, no agreement has been reached. The FG has offered to pay some of the outstanding allowances, but the unions are demanding that all of the allowances be paid in full.

The strike has had a significant impact on the economy, with the decline in oil production and exports leading to a decline in government revenue. The FG has been trying to find alternative sources of revenue, including increasing taxes and reducing government spending.

The strike is likely to continue until the FG and the unions reach an agreement on the outstanding demands. The FG has been trying to negotiate with the unions, but so far, no agreement has been reached. The strike is likely to continue to have a significant impact on the economy until it is resolved.