NUPENG, PENGASSAN Vex for FG Over Plan to Sell Oil & Gas Assets — Strike Fit Burst Nationwide

Oil workers union don warn say government move to sell joint venture oil/gas stake fit scatter NNPC, spoil economy, and put workers for wahala.

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  • Abuja — September 23, 2025

Oil workers don raise alarm as Federal Government dey allegedly plan to sell im big-big stake for joint venture oil and gas assets wey NNPC Ltd dey manage.

Two strong union — NUPENG and PENGASSAN — don carry microphone talk say the move na bad market for the country.

Dem talk say government wan reduce im 55-60% stake by like 30-35% just to find quick cash. According to dem, this kain move fit make NNPC go bankrupt, make workers no dey see salary, and even scatter budget contribution wey dey keep Nigeria running.

Union leaders Festus Osifo (PENGASSAN) and Williams Akporeha (NUPENG) talk for Abuja say:

“Na our future dem wan mortgage. If FG sell these assets, tomorrow we go dey suffer. NNPC no go even fit pay workers.”

The unions also dey vex about fresh plan to amend Petroleum Industry Act (PIA), wey dem claim Ministry of Finance wan use am hijack NNPC Ltd from Ministry of Petroleum. Dem call am backdoor move and warn say e go kill investor confidence.

Meanwhile, Nigeria Labour Congress (NLC) don throw weight behind the unions, warn say if government try use military take eject oil workers, nationwide strike go land, and that one fit cripple the economy.

Dem beg President Tinubu to intervene sharp-sharp make im stop the plan before matter spoil pass this level.

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