National Asset Sale: PENGASSAN Threatens Nationwide Strike

PENGASSAN

The national union of oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has threatened to shut down the country if the federal government goes ahead with the plan of selling national assets to navigate the country out of economic recession.

The union in a statement described the move as a self-destructive move and adding that the plan, which is to solve short term financial obligations, is really aimed at handing over Nigeria’s collective common wealth to a few individuals.

The union is asking the federal government to instead look for other ways of increasing the revenue base of the country, while plugging loopholes and leakages in government’s finances.