Nigerian oil trade union suspends strike – Reuters

NNPC

ABUJA, July 13 (Reuters) – A Nigerian union representing oil workers has suspended a strike that some feared would lead to fuel shortages and disrupt crude production, one of its leaders said on Wednesday.

The strike by about 10,000 members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), which includes refinery workers and office staff, began on Thursday over issues that include oil sector reforms and pay.

A prolonged drop in global crude prices and a spate of attacks by militants on oil and gas facilities in the southern Niger Delta region briefly pushed oil production to 30-year lows, hitting the economy hard over the past few months.

Last week the Nigerian National Petroleum Corporation (NNPC) cautioned people against panic buying. There have been no signs of fuel shortages so far.

The strike “has been suspended in the early hours of today, around 04:00 a.m (0300 GMT),” said Lumumba Okugbawa, PENGASSAN acting general secretary, adding that “some understandings” had been reached.

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