MOMAN rules out strike option, says more firms under pressure (Guardian)

Major Oil Marketers Association of Nigeria has ruled out the option of going on strike in its quest for the payment of subsidy arrears owed its members.

The association said given the realities on the ground, more of its members were bound to run into serious financial problems if government abandons the payment programme for its members on account of the forthcoming elections.

The Executive Secretary, MOMAN, Clement Isong, told The Guardian in an exclusive interview that any attempt by MOMAN members to go on strike in protest for subsidy arrears payment, would be misconstrued as being politically motivated.

Isong assured Nigerians that MOMAN would not act s an impediment in the country’s political wheel, but stressed that it would not be wise for the government to watch while more Nigerians were thrown into the saturated labour market as a result of oil marketers’ inability to continue their normal business.

According to him, the current subsidy regime is unsustainable, and the earlier stakeholders deliberate on the way forward in terms of deregulating the down segment of the country’s petroleum industry, the better it would be for Nigerians. Read more

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