Skip to main content

NUPENG President commends FG/ NNPC over agreement with the Chinese firms to revamp refineries

By Afolabi Oyekunle.



National Executive President of Nigeria Union of Petroleum and Natural Gas Workers Comrade Otumba Salmon Oladiti  has commended the Federal Government and the Nigerian National Petroleum Company Limited (NNPC Ltd.) over the recent agreement reached with Chinese firms aimed at reviving the Warri and Port Harcourt refineries.

Comrade Oladiti said  the agreement with the Chinese firms presents an opportunity for the country to reposition its oil and gas sector, restore public confidence in the nation’s refining capacity, create employment opportunities, encourage industrial growth, strengthen energy security, and reduce the economic pressure associated with fuel importation.


             Comrade Oladiti.

He described the development as a significant step towards addressing the long-standing challenges in Nigeria’s petroleum sector and reducing the country’s heavy dependence on imported petroleum products despite its position as a major oil-producing nation.

He said the continued collapse and underperformance of local refineries over the years have contributed greatly to rising fuel costs, pressure on foreign exchange, inflation, unemployment, and worsening economic hardship for millions of Nigerians.

"That Nigerian workers and ordinary citizens have continued to bear the burden of unstable fuel supply, high transportation costs, and harsh living conditions caused by the failure of the nation’s refining sector and the inability to achieve sustainable local production."

Comrade Oladiti further stressed that Nigerians are tired of repeated refinery rehabilitation promises and projects that consumed huge public resources without delivering lasting results, and therefore urged all parties involved in the partnership to ensure transparency, accountability, professionalism, and timely execution of the agreement.

Comrade Oladiti again added that the revival of the Warri and Port Harcourt refineries must not end as another political announcement, but should translate into real economic relief and tangible benefits for Nigerians already battling difficult economic realities.

He called on the Federal Government and NNPC Ltd. to remain committed to policies and partnerships that prioritize national development, economic stability, and the welfare of the Nigerian people.


Comments

Popular posts from this blog

Omisande: CPS Pensioners in Lagos State assured of payment of their increase pension benefits as their Federal counterparts.

 By Afolabi Oyekunle. Pensioners under the Contributory Pension Scheme(CPS) in Lagos State have been urged to be patient concerning their much awaited  increases, as there are assurance that all what they are entitled to will be paid earlier next year. This assurance is coming from the Chairman, Nigeria Union of Pensioners, Contributory Pension Scheme, NUPCPS, Lagos State Council, Comrade Michael Omisande. Comrade Omisande who spoke to ForumNews at the sideline of the end of year get together of Agege Zone Pensioners said what is delaying is the Template which is being awaited  Comrade Omisande said just as the Federal workers who have started receiving their own entitlements, all Pensioners under the scheme in other five states will receive their own as  approved by the Federal government. According to him, the PFA'S have been given till 20th December to pay all Federal Pensioners. He said after the completion of the Payment, PenCom will ther...

PENCOM pledges to see that Lagos State pays CPS retirees.

By Afolabi Oyekunle. Director General of National Pension Commission, Ms Omolola Oloworaran has pledged that the Commission will fast track and work towards Lagos State government paying retirees under the Contributory Pension Scheme what is due to them like their federal counterparts. She made the pledge at a media workshop in Lagos for journalists. The Director General was surprised when she was asked why the Template for the payment was not released to Lagos State government for the payment of backlog of areas and allowances as approved by the Federal government, which Federal retirees are currently enjoying.         PenCom DG, Omolola Oloworaran  She thereby directed her staff to work on the Lagos State matter to settle the matter towards making the Lagos State government have all the necessary information needed to pay the retirees. The PenCom Director General noted that Lagos State government was one of the few states that keyed into the progra...

CPS Pensioners in Lagos State, call on Governor Sanwoolu to expedite action on their Pension increases.

By Afolabi Oyekunle.  Pensioners under the Contributory Pension Scheme (CPS) in Lagos State have called on the Lagos State Governor, Babajide Sanwoolu to expedite action and see that the unnecessary delay in the payment of their pension increases are removed.         LSG Governor Babajide Sanwoolu  Many of the Pensioners who spoke to ForumNews are not happy that their arears under the pension increases have not been paid as approved by the Federal government, despite that their federal counterparts have received their own. The CPS Pensioners lamented that despite all the efforts of the Nigeria Union of Pensioners Contributory Pension Scheme, in Lagos State, under the able leadership of Comrade Michael Omisande  to get the Template of the payment to the Lagos State government, nothing has been heard from the government on when and plans to pay the arears. The Template, already with the government.  According to t...