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NNPC Workers Threaten Strike Over Pension Reform From Onyebuchi Ezigbo in Abuja Oil workers in the employ of the Nigerian National Petroleum Corporation (NNPC) have given the authority notice to embark on an indefinite strike should the proposed Federal Government Pension Reform Bill be passed into law without addressing their demands. The workers under the aegis of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and National Union of Petroleum and Natural Gas Workers (NUPENG) said they are concerned over some provisions in the proposed bill which has passed the second reading in the National Assembly. In a joint statement issued and signed by chairmen of PENGASSAN and NUPENG, Mr. M. K. Isah and Mr. A. M. Sokoto at the end of their group executive council meeting in Abuja yesterday, the unions summed up their grievances as follows: � allowing the existing Public Pension Schemes that are well funded and properly managed to operate as 'Close Pension Administrators' (PFAs) as provided for the Private Sector in Sections 40 and 41 of the proposed Pension Reform Bill and payment of defined terminal benefits (gratuity and pension). "We are aware that the National Assembly is already concluding work on the Bill in preparation for passage without addressing our fears and concerns", they alleged. Consequently, the oil workers have resolved to ensure that the stated fears and concerns were positively addressed before the passage of the bill. Any thing on the contrary will lead to the workers embarking on an "immediate, indefinite and total strike without further notice", the statement said. The unions said they have made series of representations to the two chambers of the National Assembly and the presidency over their concerns with some sections of the bill. It will be recalled that a similar complain was made last week by the association of NNPC pensioners who demanded that pension entitlement of the Strategic Business Units (SBUs) which are to be privatized should be computed so that the pensions of all staff in the affected units could be paid from proceeds of the sale of the companies. Who Are We ? | About THISDAYOnLine.com | THISDAY People | Contact Us © Copyright 2000 Leaders & Company Limited

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