May 15, 2016 - 8:10 PM EDT
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PENGASSAN Seeks N90,000 Minimum Wage

Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN ) and Nigerian Union of Petroleum and Natural Gas (NUPENG) have recommended N90,000 as the new national minimum wage following the increase in pump price of petrol.

This was one of the resolutions of the two unions also known as NUPENGASSAN at a two-day joint meeting at Transcorp Hotel Calabar on Friday.

NUPENG national president, Comrade Igwe Achese, who spoke on behalf of the two unions commended the federal government for deregulating the oil sector leading to the removal of oil subsidy, saying it would benefit the general populace in due time.

He said government must ensure that a mechanism was put in place to start negotiations whereby the surplus from the subsidy removed is applied to the benefit of society, and also use for the payment of the recommended national minimum wage.

"NEC-in-session strongly demands federal government to engage with the stakeholders to work out a clear direction on how to reinvest the gains of the petroleum price modulation into the national economy to cushion the effects of the fuel price hike," the communique said in part.

The meeting resolved that if government does not take this suggestion the two unions would embark on an elongated industrial action.

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Source: News (May 15, 2016 - 8:10 PM EDT)

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