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Govt admits challenges facing deregulation, says Labour

ORGANISED Labour in the oil industry, has said the government has admitted that there are several challenges facing the planned deregulation of the downstream sector of the economy.

President of the National Union of Petroleum and Natural Gas Workers (NUPENG), Comrade Peter Akpatson made this known in a chat said: “The government said they have identified the same challenges that just talked about.  They that about the need to dredge, they needs to fix the pipeline network, and the rest of them. But the issue is,  how much of that have they done?”

“So,  how can they  now set such a very short time frame in the midst of these issues that they have identified on their own, which  has not been addressed. If we deregulate today, it is going to be purely import because the refineries have s not been fixed, the problem in the creek has not been addressed,  so Warri and Kaduna refineries cannot get crude to refines.”


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