Ngige warns Nigerians against panic buying of PMS

Chris Ngige, Minister of Labour and Employment, on Friday called on Nigerians to desist from panic buying of premium motor spirit (PMS) necessitated by the ongoing nationwide strike declared by Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN).

This is as the Minister urged the leadership of PENGASSAN to call off its industrial action in the interest of the nation.

Ngige who gave the charge in Abuja, observed that the step taken by the oil workers will further worsen socio-economic crises and revenue generation.

“Strike neither solves industrial disputes nor contributes to industrial growth. Our economy is already reeling from severe haemorrhage occasioned by decade long mismanagement.

“Further action, which stunts the efforts currently being made to reverse the trend, should therefore be shunned.

“A situation where oil workers leave their offices and oil loading base will not make for an increase in oils export nor assist in making available, enough petroleum products in this time of deregulation.

“This will only compound the vandalisation in the Niger Delta, occasioning low output and export in our OPEC quota, apart from the unwarranted hardship on the populace.

“The time therefore calls for more patriotism more so when negotiations have already been kick started with PENGASSAN and International Oil Companies (IOCs) on most of the areas especially the issue of cash calls and arbitrary sack of personnels.

“The Federal Government therefore urges PENGASSAN to urgently call off the strike so that all sides will freely negotiate.

“I am very optimistic that when we sit for negotiation on Monday, July 11, issues that have led to the situation on the ground will be resolved in the greater interest of the nation,” Ngige said.