The strike action called by Nigeria’s two powerful oil unions, PENGASSAN and NUPENG has been called off.
According to sources the strike was called off at 4.00 am today after a marathon meeting between the minister of state for petroleum, Ibe Kachikwu and leaders of the two unions.
The workers had staged a work walk-out on Wednesday following the announcement of the unbundling of the NNPC into seven autonomous units.
The workers kicked that the minister had not carried them along and that the unbundling triggered issues about pensions, possible job losses and due process.
Spokesmen said the unbundling also breached the law that set up the NNPC, 38 years ago.
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