• Home
  • About Us
  • Contact
Friday, December 5, 2025
News On Spot
  • Home
  • News
    Senator Natasha Akpoti-Uduaghan

    Sen. Natasha Akpoti-Uduaghan Unveils “Mother of All Empowerments” for 2,000 Kogi Central Constituents…

    Goodluck Jonathan

    Goodluck Jonathan Safely Returns to Abuja After Evacuation from Coup-Hit Guinea-Bissau…

    Bandits

    Panic in Kogi as Bandits Attack Osokoko-Obajana Road, Kidnap Passengers…

    Terrorists

    Fresh Panic in Niger: Terrorists Invade St. Mary’s Catholic School, Abduct Students…

    Davido

    Governor Adeleke Appoints Davido as Chairman of Osun Sports Trust Fund Amid Plans to Revamp State’s Sports Sector…

    Joash Amupitan

    Senate Confirms Joash Amupitan As New INEC Chairman…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    • Movie
    2Baba

    2Baba and Wife Natasha Osawaru Welcome Baby Boy Amid Public Excitement…

    Nigeria-Bela.

    Burna Boy, Falz, Olamide and Bela. Lead New Wave of Music Speaking Truth to Nigeria’s Crisis…

    Lagos State Film and Video Censor Board

    Lagos State Film and Video Censor Board Hosts Stakeholders Conference on the Future of Film…

    Dark Ties

    Biodun Stephen Delivers Another Emotional Masterpiece in Dark Ties…

    Bela.

    Nigerian Artist Bela. Set to Drop Experimental Album tHIs MiGHt coNfUsE yoU on November 26…

    Cardi B

    Cardi B Welcomes Baby Boy With Stefon Diggs, Celebrates New Chapter in Life and Music…

  • Health
  • Lifestyle
    • All
    • Food
    • Travel
    Salary

    10 Smart Ways to Make Your Salary Last All Month…

    “How was your night?”

    Why “How Was Your Night?” Isn’t Always the Right Greeting – And What to Say Instead…

    Priscilla Ojo

    Priscilla Ojo Clarifies Rumours About Juma Jux’s Store Amid Tanzania Election Unrest…

    Gates

    Inside the Gates Legacy: Bill and Melinda Gates Teach Their Children Wealth With Purpose, Not Inheritance…

    Sleep

    If You Sleep Less Than 6 Hours, Read This Before It’s Too Late…

    Tacha

    Tacha Pushes Through Power Outages in Guinness World Record Makeup Challenge…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Politics
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    MultiChoice

    Is DStv Too Expensive? Nigerians Ditch Pay TV Over Price Hikes…

    Microsoft

    Microsoft To Shut Down Lagos Centre, 200 Jobs At Risk…

    Multichoice

    DSTV Price Hike: More Nigerians Consider SLTV, Others…

    NIMC

    Guide On How To Register For & Use The New 2024 NIMC Self Service Portal…

    Mobile Data

    Reasons Why Your Mobile Data Ends Quickly…

    Elon Musk

    Elon Musk Unveils New Name, Logo For Twitter…

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • News
    Senator Natasha Akpoti-Uduaghan

    Sen. Natasha Akpoti-Uduaghan Unveils “Mother of All Empowerments” for 2,000 Kogi Central Constituents…

    Goodluck Jonathan

    Goodluck Jonathan Safely Returns to Abuja After Evacuation from Coup-Hit Guinea-Bissau…

    Bandits

    Panic in Kogi as Bandits Attack Osokoko-Obajana Road, Kidnap Passengers…

    Terrorists

    Fresh Panic in Niger: Terrorists Invade St. Mary’s Catholic School, Abduct Students…

    Davido

    Governor Adeleke Appoints Davido as Chairman of Osun Sports Trust Fund Amid Plans to Revamp State’s Sports Sector…

    Joash Amupitan

    Senate Confirms Joash Amupitan As New INEC Chairman…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    • Movie
    2Baba

    2Baba and Wife Natasha Osawaru Welcome Baby Boy Amid Public Excitement…

    Nigeria-Bela.

    Burna Boy, Falz, Olamide and Bela. Lead New Wave of Music Speaking Truth to Nigeria’s Crisis…

    Lagos State Film and Video Censor Board

    Lagos State Film and Video Censor Board Hosts Stakeholders Conference on the Future of Film…

    Dark Ties

    Biodun Stephen Delivers Another Emotional Masterpiece in Dark Ties…

    Bela.

    Nigerian Artist Bela. Set to Drop Experimental Album tHIs MiGHt coNfUsE yoU on November 26…

    Cardi B

    Cardi B Welcomes Baby Boy With Stefon Diggs, Celebrates New Chapter in Life and Music…

  • Health
  • Lifestyle
    • All
    • Food
    • Travel
    Salary

    10 Smart Ways to Make Your Salary Last All Month…

    “How was your night?”

    Why “How Was Your Night?” Isn’t Always the Right Greeting – And What to Say Instead…

    Priscilla Ojo

    Priscilla Ojo Clarifies Rumours About Juma Jux’s Store Amid Tanzania Election Unrest…

    Gates

    Inside the Gates Legacy: Bill and Melinda Gates Teach Their Children Wealth With Purpose, Not Inheritance…

    Sleep

    If You Sleep Less Than 6 Hours, Read This Before It’s Too Late…

    Tacha

    Tacha Pushes Through Power Outages in Guinness World Record Makeup Challenge…

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Politics
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    MultiChoice

    Is DStv Too Expensive? Nigerians Ditch Pay TV Over Price Hikes…

    Microsoft

    Microsoft To Shut Down Lagos Centre, 200 Jobs At Risk…

    Multichoice

    DSTV Price Hike: More Nigerians Consider SLTV, Others…

    NIMC

    Guide On How To Register For & Use The New 2024 NIMC Self Service Portal…

    Mobile Data

    Reasons Why Your Mobile Data Ends Quickly…

    Elon Musk

    Elon Musk Unveils New Name, Logo For Twitter…

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
News On Spot
No Result
View All Result
Home Press Release

Kukah, Sanusi, Atedo Rally Behind Dangote Refinery, Warn Labour Against Disruption…

newsonspotadmin by newsonspotadmin
October 8, 2025
in Press Release
Reading Time: 2 mins read
0
Dangote Refinery

A group of eminent Nigerians, top business leaders, clerics, and civil society advocates, have cautioned the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the organised labour movement against actions capable of undermining national economic interests, particularly concerning the Dangote Petroleum Refinery.

In a joint statement signed by Atedo Peterside (CON), Khalifa Muhammad Sanusi II, Bishop Matthew Hassan Kukah (CON), Osita Chidoka, Opeyemi Adamolekun, and several other prominent Nigerians, the group described recent disruptions and threats of industrial action around the refinery as unfortunate and dangerous to Nigeria’s energy security and investment outlook.

They noted that while government mediation had helped de-escalate tensions, the episode underscored the need for restraint and dialogue in addressing labour grievances.

“The right to organise cannot become a licence to hold the economy hostage,” the statement warned. “Productive enterprises that lower costs and create jobs must be safeguarded. Industrial disputes, if not carefully managed, risk discouraging both domestic and foreign investment at a time when Nigeria most needs capital and innovation. A refinery of this scale is a national lifeline, with profound consequences for jobs, energy security, and inflation.”

The leaders lamented that for decades, Nigerians endured the collapse of government-owned refineries, the waste of trillions of naira in subsidies, and dependence on fuel imports.

“These failures left citizens exposed to scarcity, inflation, and insecurity”.

Describing the Dangote Refinery as “a national symbol of what bold domestic investment can achieve,” the leaders said Nigerians have already begun to feel its impact through the significant drop in fuel prices from about N1,500 per litre to around N820 in some areas, and the resulting reductions in transport fares and food costs.

“This impact on transport and food prices gives Nigerians a glimpse of how local productivity can improve daily life,” they added. “It also sends a message to investors at home and abroad that genuine industry, rather than speculation, can still thrive in Nigeria.”

The group stressed that while workers’ rights must be protected, such rights must also be exercised responsibly and within the law.

They also dismissed allegations of monopoly, clarifying that the refinery operates in an open market where others are free to invest. Stakeholders with genuine competition concerns, they advised, should approach statutory regulators such as the Federal Competition and Consumer Protection Commission (FCCPC) rather than resort to strikes or blockades.

“There is no legal monopoly here,” the statement noted. “others are free to invest in refining, provided they can mobilise the necessary resources and expertise.”

Commending the Federal Government, labour unions, and the management of Dangote Refinery for stepping back from confrontation, the signatories urged all parties to embrace dialogue as a lasting framework for resolving disputes.

“This crisis is not about a refinery or any other business,” the statement noted. “It is about the direction of our economy: whether we will continue in a cycle of scarcity and rent-seeking or build a future anchored on productivity, fairness, and shared prosperity. The Dangote refinery represents an audacious step forward. It should not be undermined but strengthened – as a signal to other industrialists that investing in Nigeria’s future is worthwhile”.

The statement was also signed by Ibrahim Dahiru Waziri, Abubakar Siddique Mohammed, Obonganwan Barbara Etim James, Senator Sola Akinyede, Dudu Mamman Manuga, Dr. Salamatu Hussaini Suleiman, Arunma Oteh, and Aisha Yesufu.

Tags: Atedo Peterside (CON)Bishop Matthew Hassan Kukah (CON)Dangote Petroleum RefineryFCCPCFederal Competition and Consumer Protection CommissionKhalifa Muhammad Sanusi IINewsonspotOpeyemi AdamolekunOsita ChidokaPENGASSANPetroleum and Natural Gas Senior Staff Association of Nigeria
ShareTweetShare
Previous Post

Video: Joy as Nigerian Woman Becomes First to Marry Among 50 Grandchildren in Her Maternal Lineage…

Next Post

Tragedy in Akwa Ibom: Nigerian Army Officer Dies After Wife Allegedly Sets Him Ablaze During Domestic Dispute…

newsonspotadmin

newsonspotadmin

Related Posts

Dangote Cement
Press Release

Dangote Cement Chair Calls for Private Sector Driven Economic Reform…

December 4, 2025
Temu
Press Release

Global E-commerce Giant Temu Partners with Lagos-Based Startup Dellyman to Power Deliveries Across Nigeria…

December 3, 2025
Fidelity Bank
Banking News

Fidelity Bank Receives Customs Service Award for Pioneering Role in UCMS Implementation…

December 3, 2025
Dangote Refinery
Press Release

Nigeria Should Not Be Importing Fuel, We Have the Capacity to Meet Local Demand – Dangote…

December 1, 2025
Dangote
Press Release

Dangote Refinery to Supply 1.5 Billion Litres of Petrol Monthly…

November 30, 2025
Akmodel
Press Release

Ooni of Ife Prays for Akmodel Group as the Homes and Properties Arm Marks Its 5th Anniversary…

November 28, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
ST Team

ST Team Hosts Maiden Business Banquet, Unveils AI-Driven Investment Vision…

February 3, 2025
Uber

Uber Driver Drops Passengers Off At The Airport, Returns Back To Rob Their Home…

September 27, 2022
Lagos State Governor-Sanwo-Olu

Lagos Govt Declares 4-day Public Holiday…

January 19, 2023
Airline

Another Anambra Billionaire Set To Unveil New Airline…

May 17, 2024

Bill Gates steps down from Microsoft board to focus on philanthropy

0

Overlooked No More: Ni Gusti Ayu Raka Rasmi, Balinese Dancer

0

Nigeria vs Sierra Leone, other AFCON 2019 qualifiers cancelled

0

Osinbajo‘s convoy involved in accident, VP loses police outrider

0
ASUU/Federal Government

ASUU Accepts 40% Salary Increase, Moves Closer to Signing New Agreement With FG…

December 4, 2025
Dangote Cement

Dangote Cement Chair Calls for Private Sector Driven Economic Reform…

December 4, 2025
2Face-Natasha

Edo Assembly Summons Natasha Osawaru as Drama With 2Face Idibia Deepens…

December 3, 2025
Stabbed

How A Teenager Stabbed Friend to Death in Benin City After Dispute Over N2,000…

December 3, 2025

Recent News

ASUU/Federal Government

ASUU Accepts 40% Salary Increase, Moves Closer to Signing New Agreement With FG…

December 4, 2025
Dangote Cement

Dangote Cement Chair Calls for Private Sector Driven Economic Reform…

December 4, 2025
2Face-Natasha

Edo Assembly Summons Natasha Osawaru as Drama With 2Face Idibia Deepens…

December 3, 2025
Stabbed

How A Teenager Stabbed Friend to Death in Benin City After Dispute Over N2,000…

December 3, 2025
News On Spot Logo

Browse by Category

Archives

  • Home
  • About Us
  • Contact

© 2022 | Crafted with ❤ by Claridan - Adsvance Digitals.

No Result
View All Result
  • Home
  • About Us
  • Contact
  • Entertainment
  • Politics
  • Business
  • Health
  • Sports
  • World
  • https://newsonspot.com.ng/2024/09/20/photos-high-chief-adebisi-michael-adedeji-ojinse-owa-of-ijoka-joins-all-ijesaland-to-mourn-the-demise-of-oba-dr-gabriel-adekunle-aromolaran-il-cfr-lld/
  • https://newsonspot.com.ng/2024/04/13/mr-ibus-family-announces-burial-arrangement/
  • https://newsonspot.com.ng/2024/05/19/rybelsus-en-vente-libre-en-france/