Friday 23rd June, 2017
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PIB: Senate sets guidelines for oil workers' sack

PIB: Senate sets guidelines for oil workers' sack

Ahead of the much-expect­ed passage and implementation of the Petroleum Industry Governance Bill (PIGB) popularly known as Pe­troleum Industry Bill (PIB) by the National Assembly, the Senate’s Joint Committees on Pe­troleum Upstream and Downstream as well as Gas on Wednesday en­dorsed new guidelines for the sack of oil work­ers.
The committee in line with the recommenda­tions of its Technical Consultant, Mr Osten Olorunsola, on the fate of oil workers currently engaged by the federal government, agreed with the consultant on a-five-year additional ser­vice for the workers after the deregulation of the sector before the disen­gagement of any of them from the workforce.
In a power-point presentation to the law­makers, Olorunsola rec­ommended conditions to guide the implemen­tation of the planned oil sector reform, among others. He said “No present staff should be disengaged until after five years of implemen­tation”, to which they all concurred.
However, for proper digestion, consideration and approval of the Technical Consultant report on the impend­ing deregulation of the oil sector, the commit­tee has planned a retreat with the consultant in Uyo, capital of Akwa-Ibom State next week.

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