Oil Workers Shut Down AMCON For Failing TO Pay Entitlements



Activities at the Asset Management Corporation of Nigeria (AMCON) were grinded to a halt yesterday, as oil workers under the aegis of SeaWolf Oil Field, paralysed its activities.

The disengaged workers, who blocked the entrance to the office, were protesting the failure of AMCON to pay their entitlements which they claimed was between N5billion and N7billion.

They lamented that despite assurance that the corporation would pay their entitlements after taking over their company-Offshore Management Services, such promises had yet to be fulfilled.


While speaking on behalf of the protesters, Victor Ekundayo said the agreement reached with the Corporation was that their salaries be paid by AMCON following the takeover of the company two years ago.

He said,”We have had several meetings with the Ministry of Petroleum, Labour and Productivity.  Ministry of Finance had to intervene, insisting that  AMCON pays the claims. AMCON even called us to say they will pay, yet nothing has been done.

“AMCON took over our facility in 2013 because SeaWolf was indebted to a lot of commercial banks. They did so without settling the workers.

“The standard in the oil and gas is that for whatever reason, workers must be paid their terminal benefits, which AMCON has refused to do.

“Before we came here, we took our grievances to the Ministry of Petroleum Resources and to the Ministry of Labour and Productivity. They all asked AMCON to pay us our entitlements.

“In May, we met with the Managing Director, of  AMCON. He assured us that our claims will be addressed within 48 hours, yet it’s been three months and no word from them.”

Ekundayo claimed that the delay in the payment of entitlement has resulted to the death and hospitalisation of some of his colleagues.


SEE ALSO:Protesters Storm National Assembly Over Edo Loan Request



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