 Petroleum and Natural Gas Senior Staff Association of Nigeria, Pengasin, has said it will take decisive action against indigenous oil companies that violate labor laws. The president of the Association Festus of Sifo stated this at the National Executive Council meeting held in Potarkot River State. Sifo, in his address, observed that although indigenous oil and gas companies play pivotal roles in the growth of Nigeria's economy, it was disheartening to witness the exploitation of labor laws and the inhumane treatment of employees by some of their companies, warning that action may soon be taken against errant companies. On fuel subsidy, Sifo said one of the main factors contributing to the ongoing challenges is heavy reliance on imported refined petroleum products. According to him, Nigeria, as an oil-rich nation, has the potential to become a major player in the refining industry if the federal government takes decisive actions and encourages local refining of crude oil. It is disheartening to witness the exploitation of labor laws and the inhumane treatment of employees by some of these companies. One of the major concerns is that some of these companies are preventing qualified members from registering to join their association as provided in the law and the Nigeria Constitution. This deprivation of membership rights is not only a violation of their fundamental humanity as a trend in law and status to which the country is a signatory tool, but also prevents attracting a better working condition and protection of a workforce. In society action, we soon be taking against such management. Nigeria, as an oil-rich nation, has the potential to become a major player in the refining industry. However, due to various reasons, we are not fully tapped into this potential. As we believe that it is hard time for the federal government to take decisive actions and encourage local refining of crude oil, by doing so we can significantly bring down the high cost of petroleum products and alleviate the financial problems. Hello, hope you enjoyed the news. Please do subscribe to our YouTube channel and don't forget to hit the notification button so you get notified about fresh news updates.