FG Pleads With Major Oil Companies In Nigeria As They Plan Mass Sack Following Dwindling Oil Price

Major oil companies in Nigeria have said they are planning a mass sack following the dwindling price of oil in the International market. At a meeting between the Minister of Labor and Productivity, Chris Ngige and the managements of International Oil Companies (IOCs) in Nigeria comprising of Agip, Mobil producing, Chevron Addax and Total, the Head of Human Resources and Medical, Chevron Nigeria Limited, Ihuoma Onyearugheto, said the plan to lay off some workers in the sector is as a result of the current challenges facing the industry.

“The issue of laying people off is not a decision that comes lightly. I will not come here to tell you that people are being laid off or not. The situation in the oil company is dire. We want to ask for more understanding in appreciation of the challenges we face” she said.

According to Tribune, during the meeting, Chris Ngige appealed to the oil marketers and companies not to lay off people as Nigeria is facing a lot of social security problems and could not to afford more problems through job cuts

“The oil majors in Nigeria must therefore bend backwards and see what they can plough back from their profits to keep Nigerian workers on their duty posts. Keep the existing jobs. We have a downturn today but you can be sure it will not last forever. If you are not creating new jobs, let us keep the ones we have. That is what this government is pleading and we must emphasise that is what we want.”he said.