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Saturday, December 22, 2007

Nigeria: Government Urged to Halt Sale of Pension Fund

Workers in the Oil and Gas industry under the aegis of Petroleum and Natural Gas Senior Staff Association (PENGASSAN) and National Union of Petroleum and Natural Gas Employees (NUPENG) have urged the Minister of Petroleum and the Senate Committee on Petroleum to reverse the sale of the NNPC Staff Pension fund 28.7% equity interest in AP Plc to Zenon Oil, saying the sale was unconstitutional.

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