Severe Fuel Scarcity Looms As NNPC Shuts Down In ‘Unvundling’ Protest

Unbunding: Severe fuel scarcity looms as NNPC shuts down in protest.

Members of staff and management of the corporation arrived their offices this morning to discover that they could not gain entrance following the total strike. The group executive committee (GEC) of the the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the National Union of Petroleum and Natural Gas Workers (NUPENG) convened an emergency meeting at 10pm yesterday to discuss the unbundling of the corporation.

At the end of the meeting, GEC sent this message to all members: “The GEC of NUPENG & PENGASSAN at its meeting of 8th March 2016, which started at 10:00pm has extensively discussed the pronouncement of the GMD on NNPC UNBUNDLING. We observed that the GMD/HMSP totally disregarded due process and failed to engage STAKEHOLDERS. .

Hence, from midnight today, ALL NNPC LOCATIONS will be SHUT DOWN COMPLETELY until further notice. Further directives will be communicated accordingly.”

Yesterday, Ibe Kachikwu, minister of state for petroleum resources who doubles as the NNPC group managing director, announced the creation of 7 independent units and 30 profitable companies…

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