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Pengassan Threatens 30-Day Shutdown, Nigeria Risks N1.37tn Loss |StarFM

StarNews | September 9, 2022
Pengassan Threatens 30-Day Shutdown, Nigeria Risks N1.37tn Loss |StarFM

Protesting individuals of the Petroleum and Pure Gasoline Senior Workers Association of Nigeria (PENGASSAN) the day gone by threatened to close down oil manufacturing in Nigeria for 30 days if the Federal Authorities fails to curb the lingering wide oil theft in the Niger Delta.

The union, which staged a nationwide boulevard rally in Abuja, Kaduna, Lagos, Warri, to squawk the impact of low oil theft, decried high stage ‘collusion and connivance’ enthusiastic by the crime, which has left Nigeria broke and borrowing carefully to finance its appropriations at a time that oil costs bring together remained constantly high in the worldwide market.

Addressing journalists in Abuja, PENGASSAN President, Festus Osifo, charged the chief to retain those whose responsibility is to present protection to oil pipelines to account.

Also speaking at the sensitisation rally that turned into held at the Delta Declare Governor’s Predicament of work Annexe in Warri, the PENGASSAN Zonal Chairman, Prince Audu Osihiokhamele, well-known with bother that “the massive men doing the industry of low oil theft are in executive.”

He said Nigeria is losing over 600,000 barrels of low oil or over 25.8 billion naira each day to theft and pipeline vandalism and right here’s costing the nation dearly.

Osihiokhamele added that the OPEC quota for Nigeria this day is above 1.8 million barrels of low oil per day but we battle to construct shining over 1,000,000 attributable to majority of this low oil are stolen.

Might maybe maybe well also aloof the staff implement their risk of 30 days shut down of oil installation, Nigeria can also lose about 1.37 trillion naira from the non-manufacturing and sale of low oil, a fundamental international exchange earnings earner for the country.


Written by StarNews


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