The National Union of Petroleum and Natural Gas workers
(NUPENG) and Jetties and Petroleum Tank Farm Owners Association
(JEPTFON) have suspended it’s two-day old strike.
NUPENG President, Igwe Achese and JEPTFON’s Enoch Kanawa signed for the unions, while the Minister of Labour, Emeka Wogu and the Minister of State for Finance, Dr. Yerima Ngama signed for the federal government.
The Group Managing Director of NNPC, Mr. Andrew Yakubu and the Executive Secretary of Petroleum Product Pricing Regulatory Agency, Mr. Reginald Stanley were also at the meeting.
The signed communique is the outcome of the peace meeting negotiated by the minister of labour and it stated that the Ministry of Finance had commenced the payment of the Petroleum Subsidy for 2012.
It also assured the unions that the issuance of Sovereign Debt Notes for verified and processed batches would be concluded within two weeks.
The Federal Government assured NUPENG that steps would be taken on the issue of access roads leading to the refineries in Port Harcourt and Warri.
The communiqué stated that NNPC would complete the `Turn Around Maintenance’ (TAM) of the refineries as planned and ensure availability of crude oil to them.
It was further resolved that JEPTFON “shall open the jetties and depots owned by its members’’.
It will be recalled that NUPENG had embarked on strike over the non- payment of 2012 Petroleum Subsidy arrears, state of the refineries, bad roads as well as restructuring of loans of JEPTFON members.
NUPENG President, Igwe Achese and JEPTFON’s Enoch Kanawa signed for the unions, while the Minister of Labour, Emeka Wogu and the Minister of State for Finance, Dr. Yerima Ngama signed for the federal government.
The Group Managing Director of NNPC, Mr. Andrew Yakubu and the Executive Secretary of Petroleum Product Pricing Regulatory Agency, Mr. Reginald Stanley were also at the meeting.
The signed communique is the outcome of the peace meeting negotiated by the minister of labour and it stated that the Ministry of Finance had commenced the payment of the Petroleum Subsidy for 2012.
It also assured the unions that the issuance of Sovereign Debt Notes for verified and processed batches would be concluded within two weeks.
The Federal Government assured NUPENG that steps would be taken on the issue of access roads leading to the refineries in Port Harcourt and Warri.
The communiqué stated that NNPC would complete the `Turn Around Maintenance’ (TAM) of the refineries as planned and ensure availability of crude oil to them.
It was further resolved that JEPTFON “shall open the jetties and depots owned by its members’’.
It will be recalled that NUPENG had embarked on strike over the non- payment of 2012 Petroleum Subsidy arrears, state of the refineries, bad roads as well as restructuring of loans of JEPTFON members.
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