The raging labour dispute between the oil workers’ unions and Nigerian indigenous firms that have committed huge resources to develop local capacity and capability in line with the Nigerian Oil and Gas Industry Content Development (NOGICD) Act of 2010, has threatened 3,000 jobs in the oil and gas sector, THISDAY has learnt. THISDAY gathered that the dispute has already led to the sack of about 1,000 workers by indigenous oil companies and oil service firms, with 2,000 more jobs on the line as these firms downsize in a bid to curb exposure to the unions’ excessive demands. While the indigenous service providers struggle to retain indigenous workers they staked substantial investments to train under the Nigerian Content Law, these firms have alleged that the labour unions’ demands for unionisation of workforce, payment of huge remunerations for their members, and payment of fat exit packages to disengaged staff have posed […]