Credible News
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports
No Result
View All Result
Credible News
No Result
View All Result

PENGASSAN blames bad politics for epileptic refineries

Politics denied workers the tools, resources, and enabling environment to deliver

Credible News by Credible News
August 22, 2025
in Global Trade, Legal, News, Oil & Gas, Politics
0
TUC condemns petrol price hike, says it will worsen workers’ poverty

TUC President Osifo

0
SHARES
5
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, has blamed political interference for the failure of Nigeria’s state-owned refineries.

The association said that the refineries are not failing because Nigerians lack the skills, but because of political interference which denied workers the tools, resources, and enabling environment to deliver effectively.

Mr Festus Osifo, the association’s President who stated this on Friday at the ongoing 4th PENGASSAN and Labour Summit (PEALS 2025), also identified widespread corruption and mismanagement as reasons for the failure of the refineries.

The News Agency of Nigeria reports the three days summit holding in Abuja is themed, “Building a Resilient Oil and Gas Sector in Nigeria: Advancing HSE, ESG, Investment and Incremental Production.

Osifo said Nigeria’s energy future require more than skilled manpower and there is the urgent need for tools, policy stability, and supportive reforms to drive growth in the energy sector.

According to him, during the COVID-19 pandemic, Nigerian workers successfully operated offshore platforms after expatriates departed.

He said the development had proven that the country possessed skilled manpower capable of sustaining global-standard energy production without disruption.

According to Osifo,  policy inconsistencies and political interference undermine investor confidence, cripple the nation’s oil, and gas sector.

He also expressed concerns over frequent changes to petroleum laws, warning they discourage vital investments.

Also Read: Tinubu not minister of petroleum, says Onanuga

He added that predictability in fiscal regimes is key to attracting petrodollar into Nigeria’s economy and long-term infrastructure development.

“We must have an industry that investors can predict in five or ten years. Constantly changing policies will only chase away investors and delay sectoral growth,” he said

On training, Osifo urged both Indigenous and international operators to prioritise worker capacity building.

He said it would ensure that Nigerians remain globally competitive and prepared for the changing demands of the energy and labour markets.

In a goodwill message the Secretary General of the Trade Union Congress (TUC), Mr Nuhu Toro, commended PENGASSAN’s foresight, describing the summit as a model platform for strategic dialogue in the energy sector.

“This summit, is a testament to the foresight and strategic thinking required to navigate industry dynamics and their implications for organised labour,” he said.

Toro urged other unions under the TUC to emulate PENGASSAN’s initiative.

He said that modern engagement, dialogue, and innovation remain vital tools for advancing workers’ welfare and strengthening collective bargaining power. (NAN)

 

Tags: Festus OsifoPENGASSAN
Previous Post

Hoodlums kill Bauchi polytechnic student

Next Post

Reasons why Atiku’s son-in-law is on the run, EFCC

Credible News

Credible News

Next Post
Reasons why Atiku’s son-in-law is on the run, EFCC

Reasons why Atiku’s son-in-law is on the run, EFCC

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Kwara State university campus in Osi ready for first lectures

Kwara State university campus in Osi ready for first lectures

November 18, 2024
Police warn Lagosians against economic disturbance during NLC protest

Police in Kano urges caution as Muslims begin Ramadan

March 11, 2024
In the dark: UCH’s mounting power crisis

Is UCH in darkness: Need for responsible journalism!

February 9, 2025
Tiktok

Court remands Tik Toker for posting President Tinubu’s obituary

July 25, 2025
Corper recounts ordeal of Agunechemba attack, seeks prosecution

Corper recounts ordeal of Agunechemba attack, seeks prosecution

2

ADC begins online membership registration

2
Biden arrives Israel

Biden visits Israel amidst killing of more Palestinians

1
handcuffs

Police arrests 34-year-old man for raping 90-year-old woman

1
National Chairman of APC- Prof. Nentawe Yilwatda

Tinubu will pay N100m for APC nomination form

April 20, 2026
AANI seeks intel-driven police reforms

AANI seeks intel-driven police reforms

April 20, 2026

Tinubu approves new police academy in Ogun

April 20, 2026
IGP Disu Olatunji

Veteran police officers block Villa gate in protest

April 20, 2026

Recent News

National Chairman of APC- Prof. Nentawe Yilwatda

Tinubu will pay N100m for APC nomination form

April 20, 2026
AANI seeks intel-driven police reforms

AANI seeks intel-driven police reforms

April 20, 2026

Tinubu approves new police academy in Ogun

April 20, 2026
IGP Disu Olatunji

Veteran police officers block Villa gate in protest

April 20, 2026
Credible News

At Credible News we seek, process and serve news, opinions and analyses that are verifiable and reliable.
We also provide readers with authentic and credible facts and figures, news, opinions and analyses to make informed choices.

Follow Us

Browse by Category

  • Accident
  • Agriculture
  • Banking
  • Conflict
  • Crime
  • Development
  • Economy
  • Education
  • Entertainment
  • Fashion
  • Features
  • Foreign
  • Global Trade
  • Health
  • Human Interest
  • ICT
  • Interviews
  • Legal
  • Life Style
  • News
  • Oil & Gas
  • Opinion
  • Politics
  • Religion
  • Security
  • Sports
  • Travel
  • Trending
  • Women

Recent News

National Chairman of APC- Prof. Nentawe Yilwatda

Tinubu will pay N100m for APC nomination form

April 20, 2026
AANI seeks intel-driven police reforms

AANI seeks intel-driven police reforms

April 20, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.

No Result
View All Result
  • Home
  • Conflict
  • Crime
  • Education
  • Economy
  • Entertainment
  • Foreign
  • Health
  • ICT
  • Legal
  • Politics
  • Security
  • Sports

© 2024 Credible News - The place for all factual stories. Designed by VintoICT Solutions.