The industrial motion embarked upon by the senior employees of Addax petroleum has taken a brand new dimension as placing members have been allegedly served a ‘No work No Pay’ letter by the administration of the corporate.

But, the affiliation’s spokesperson, Mr. Agwu, mentioned the union has already despatched a response to Addax administration stating the ‘no work no pay’ menace letter was “fully unacceptable to the employees”.

Recall that final week the Addax Petroleum Chapter of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) known as out its members nationwide on an indefinite strike motion over “some unresolved burning points”.

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Some of the problems raised by the placing employees embody

  • The unilateral interpretation of the subsisting collective bargaining settlement (CBA) reached between the union and administration in August 2014 on points bordering on activation of non-statutory remuneration to its members.
  • Stagnation of some employees for between 10 to 12 years.
  • Victimisation of union leaders recognized as not working in step with administration curiosity.

The continued industrial motion could threaten the nation’s oil output as the corporate at the moment produces 30,000 barrels day by day of oil from its offshore and onshore places in Lagos, Port Harcourt, Asaba, Warri, and Izombe within the Niger Delta.

Addax Petroleum was initially a part of the Addax and Oryx Group of Companies (AOG) which have been established in 1987, however the firm grew to become an unbiased entity in 1994.

In August 2009, it was purchased over by Sinopec, the world’s largest oil refiner. Addax was initially centered on the oil and fuel within the Middle East, the North Sea, and Africa, however has just lately centered its effort on West Africa.

In 2017, the corporate’s former chief government was arrested and tried for corrupt practices he allegedly carried out whereas working in Nigeria.

Source: nairametrics.com

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