The strike embarked upon by workers in the oil sector under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the National Union of Petroleum and Natural Gas Workers (NUPENG) over federal government’s transfer of the operatorship of Oil Mining Lease (OML) 42 to indigenous firms have resulted in a near collapse of business and commercial activities nationwide. The development is further compounded by the ongoing industrial action also embarked upon by the National Association of Road Transport Owners (NARTO) and the Petroleum Tanker Drivers (PTD) who have refused to lift petroleum products from the coastal depots in protest of the huge amounts owed them by […]