PENGASSAN tells FG not to scrap NNPC, others


The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has advised the Federal Government to rescind its decision to scrap the Nigerian National Petroleum Corporation (NNPC) and other regulatory agencies in the sector, The Nation reports.

Its spokesman, Comrade Emmanuel Ojugbana, said the decision of the government was at variance with reforms globally. According to him, it is only the National Assembly that has the powers to either repeal or enact laws on corporations and agencies duly set up by law.

The body said its attention was drawn to a proposal by the Ministry of Petroleum Resources to ‘restructure’ the industry, particularly the scrapping of selected regulatory agencies and NNPC, adding that several stakeholders’ forum had been held on such a plan by the Ministry.