The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) is opposing the sale of refineries, as suggested by the Independent Petroleum Marketers Association of Nigeria (IPMAN).

PENGASSAN described the call by IPMAN as a fraudulent way of ripping the country of its national assets and sabotaging national interest.

According to PENGASSAN, “Nigerians need to ask the IPMAN leadership why they are calling for the sale of the refineries which are said to now be in good form. Even after the government has shown that the refineries can work and take care of 75% of the nation’s local demand of refined products.”

Pengassan also said, “We are again demanding adequate and regular supply of crude oil to the four refineries, to alleviate the suffering of Nigerians and a reduction or elimination of subsidy payment, considering the plunge in global oil prices.”