The Nigerian National Petroleum Company Limited (NNPCL) announced on Sunday that it successfully mediated a peace deal between the management of TotalEnergies and the Petroleum and Natural Gas Senior Staff Association/Nigeria Union of Petroleum and Natural Gas Workers. The resolution led to the suspension of the ongoing industrial action against TotalEnergies, resulting in the immediate restoration of 275,000 barrels of crude oil per day. TotalEnergies operates the NNPC/Total Joint Venture.
The labor dispute arose from the sacking of three members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) by Fedoz Nigeria Limited, an oil servicing firm, and TotalEnergies’ alleged refusal to increase workers’ salaries in line with the prevailing economic situation in the country.
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According to the Chief Corporate Communications Officer of NNPCL, Olufemi Soneye, a communique was issued at the end of a marathon negotiation session chaired by Oritsemeyiwa Eyesan, Executive Vice President, Upstream, NNPCL. The parties committed to resolving all the issues within an agreed framework, and the communique was signed by TotalEnergies MD/CEO, Matthieu Bouyer; PENGASSAN President, Festus Osifo; and NUPENG President, Williams Akporeha. The signing was witnessed by NNPCL’s EVP Upstream, Mrs. Oritsemeyiwa Eyesan, and Mr. Bala Wunti, Chief Upstream Investment Officer.
TotalEnergies EP Nigeria had confirmed the industrial action related to the annual collective bargaining process and had engaged unions since July in negotiations for salary increases above the inflation rate.
The resolution of the labor dispute is crucial for the oil industry’s stability and aligns with the NNPC’s efforts to maintain peace and harmony in the sector.
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