• Home
  • About Us
  • Contact
Thursday, August 6, 2026
News On Spot
  • Home
  • News
    EFCC

    Tinubu Orders EFCC to Unfreeze Osun Government Account Before Governorship Election…

    Enugu

    Enugu Partners NCC to Transform Digital Park into AI and Innovation Hub…

    Visa

    US Ends Routine Visa Processing at Abuja Embassy, 24 African Missions…

    Tinubu-Ramaphosa

    Tinubu Reportedly Declines Ramaphosa’s Envoy Over Fresh Xenophobic Attacks…

    Lagos

    Lagos to Launch Structured On-Street Parking, Urges Motorists to Plan Ahead…

    Olatunde Zachaeus

    Oyo Teacher Recounts 56 Days in ISWAP Captivity, Reveals How Hostages Won Freedom…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    • Movie
    St. Janet

    Tributes Pour In as Popular Juju Musician St. Janet Passes Away…

    BBNaija

    BBNaija Season 11: Meet the 24 Housemates Competing in ‘Show Ya Sef’ Edition…

    Big Brother Naija

    Everything to Know as Big Brother Naija Season 11 Begins Tonight…

    BBNaija

    BBNaija Season 11 Premieres July 26, Winner to Receive Record N160m Prize…

    Sade

    Sade’s The Best Of Marks 52 Weeks on UK Official Albums Chart…

    Tems

    Tems Shines at Obama Presidential Center Grand Opening…

  • Health
  • Lifestyle
    • All
    • Food
    • Travel
    Bianca Odumegwu-Ojukwu

    Bianca Odumegwu-Ojukwu Celebrates Twins’ Birthday with Love…

    UK Visa

    UK Raises Visa, ETA Fees for Tourists, Students, Workers from April 2026…

    eVisa

    UK Moves Fully Digital: Paper Visas Scrapped as eVisas Launch February 25…

    ESHDC

    Enugu Housing Corporation Opens New Estates, Offers Discounted Plots to Homebuyers and Investors…

    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…

    Trending Tags

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

    WhatsApp Unveils Smarter Group Chat Features with Polls, @All Mentions and Event Reminders…

    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…

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • News
    EFCC

    Tinubu Orders EFCC to Unfreeze Osun Government Account Before Governorship Election…

    Enugu

    Enugu Partners NCC to Transform Digital Park into AI and Innovation Hub…

    Visa

    US Ends Routine Visa Processing at Abuja Embassy, 24 African Missions…

    Tinubu-Ramaphosa

    Tinubu Reportedly Declines Ramaphosa’s Envoy Over Fresh Xenophobic Attacks…

    Lagos

    Lagos to Launch Structured On-Street Parking, Urges Motorists to Plan Ahead…

    Olatunde Zachaeus

    Oyo Teacher Recounts 56 Days in ISWAP Captivity, Reveals How Hostages Won Freedom…

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Business
  • Entertainment
    • All
    • Gaming
    • Movie
    St. Janet

    Tributes Pour In as Popular Juju Musician St. Janet Passes Away…

    BBNaija

    BBNaija Season 11: Meet the 24 Housemates Competing in ‘Show Ya Sef’ Edition…

    Big Brother Naija

    Everything to Know as Big Brother Naija Season 11 Begins Tonight…

    BBNaija

    BBNaija Season 11 Premieres July 26, Winner to Receive Record N160m Prize…

    Sade

    Sade’s The Best Of Marks 52 Weeks on UK Official Albums Chart…

    Tems

    Tems Shines at Obama Presidential Center Grand Opening…

  • Health
  • Lifestyle
    • All
    • Food
    • Travel
    Bianca Odumegwu-Ojukwu

    Bianca Odumegwu-Ojukwu Celebrates Twins’ Birthday with Love…

    UK Visa

    UK Raises Visa, ETA Fees for Tourists, Students, Workers from April 2026…

    eVisa

    UK Moves Fully Digital: Paper Visas Scrapped as eVisas Launch February 25…

    ESHDC

    Enugu Housing Corporation Opens New Estates, Offers Discounted Plots to Homebuyers and Investors…

    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…

    Trending Tags

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

    WhatsApp Unveils Smarter Group Chat Features with Polls, @All Mentions and Event Reminders…

    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…

    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

Dangote: FG Says Nigeria Is Greater Than PENGASSAN…

newsonspotadmin by newsonspotadmin
October 7, 2025
in Press Release
Reading Time: 3 mins read
0
Dangote Refinery

The Federal Government on Monday berated the Petroleum and Natural Gas Senior Staff Association of Nigeria, (PENGASSAN) for holding the whole country to ransom over a minor labour dispute, that would have been amicably settled.

The government said the $20 billion Dangote Petroleum Refinery is a national asset that must be supported to function and that the nation owes it to the future generations to jealously protect, promote, preserve and protect the refinery for the interest of this great Nigerian.

Declaring open the 31st edition of the Nigeria Economic Summit (NESG), at the Transcorp Hilton in Abuja on Monday, Vice President Kashim Shettima stated the government’s position on the matter, noting that the government will expect far reaching recommendations from the NESG in addressing this issue, even as the government is also taking steps to protect the industries and create industrial harmony for the good of the nation.
Shettima emphasised the critical importance of the 650,000-barrel-per-day Dangote Refinery, declaring that it must be supported at all costs to succeed.

He said: “On this note, I want to dwell on something that is very dear, a very topical issue that is very dear to the heart of every Nigerian. Aliko Dangote is not an individual; he is an institution. And he is a leading light in Nigeria’s economic rejuvenation…and how we treat this gentleman will determine how outsiders will judge us. If he had invested $10 billion in Microsoft, in Amazon, or in Google, probably, he might be worth $70 to $80 billion by now. But he opted to invest in his country, and we owe it to future generations to jealously protect, promote, preserve and protect the interest of this great Nigerian.”

He however called for “… caution, retrospection, and a deeper sense of patriotism from both labour and the organised private sector in defining and improving the relationship between labour and industry in the interest of maintaining our steadily improving economic fortunes… It’s not about holding the whole nation to ransom because of a minor labour dispute. Nigeria is greater than PENGASSAN. Nigeria is greater than each and every one of us.”

In the same vein, the Centre for the Promotion of Private Enterprise has urged the Nigerian government to come up with a policy framework to prevent the unlawful shutdown of businesses in the country. CPPE Chief Executive Officer, Muda Yusuf disclosed this in a recent statement.

According to the economic think-tank, a policy to protect investors is a national economic imperative. CPPE added that the move would further boost and strengthen investors’ confidence and would safeguard investment from labour union disruptions. Protecting investors and employers is not a privilege, it is a national economic imperative.

“Investors mobilise capital, create jobs, and generate the tax revenues that sustain government and society. Without them, there can be no sustained growth, no employment, and no national prosperity. Nigeria must, therefore, urgently institutionalise a fair, secure, and predictable business environment that protects those who take risks to create wealth. This is not about weakening labour unions but about balancing rights and responsibilities to foster sustainable economic growth, social stability, and national security,” the statement reads.

Meanwhile Dangote Petroleum Refinery over the weekend expressed profound appreciation to President Bola Ahmed Tinubu for his timely intervention in averting what it described as “the disruptive actions of PENGASSAN” against the company.

The company in a statement said the President’s leadership, through his ministers and senior government officials, ensured the restoration of order and stability to the energy sector at a critical moment.

“Dangote Refinery is grateful to the President of the Federal Republic of Nigeria, HE Bola Tinubu, GCFR for his intervention, through his Ministers and senior officials, which resulted in the abatement of the disruptive actions of PENGASSAN against the Refinery,” the statement read.

According to the company, among the key government officials who worked “tirelessly” to restore normalcy were Nigeria’s Security Chiefs, led by the National Security Adviser, Mallam Nuhu Ribadu; the Director General of the Department of State Services (DSS), Mr. Adeola Toyin Ajayi; and the Director General of the National Intelligence Agency (NIA), Mr. Mohammed Mohammed.

The company also commended the efforts of other senior government officials who worked “untiringly and determinedly into the wee hours of several nights to avert the declared disruption of Nigeria’s energy sector by anarchists and agents of darkness.”

These, it said, included the Honourable Minister of Labour and Employment, Dr. Mohammed Dingyadi; the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; the Honourable Minister of Budget and Economic Planning, Senator Abubakar Bagudu; and the Honourable Minister of State for Labour and Employment, Hon. Nkeiruka Onyejeocha.

“We remain very grateful to these officials for their patriotism and national service,” it added.

Dangote Refinery extended heartfelt gratitude to Nigerians for their overwhelming public support during the crisis.

Tags: 31st EditionAliko DangoteCentre for the Promotion of Private EnterpriseCPPECPPE Chief Executive OfficerDangote Petroleum RefineryGCFRHE Bola TinubuMuda YusufNESGNewsonspotNigeria Economic SummitPENGASSANPetroleum and Natural Gas Senior Staff Association of NigeriaPresident Bola Ahmed TinubuPresident of the Federal Republic of NigeriaTranscorp HiltonVice President Kashim Shettima
ShareTweetShare
Previous Post

Union Bank Champions Employee Wellness with Stay Recharged Health Walk…

Next Post

Yemisi Shyllon Museum of Art Presents Second Edition of Collecting Now Exhibition…

newsonspotadmin

newsonspotadmin

Related Posts

Dangote
Press Release

Dangote, Canada’s Prime Minister Discuss Investment Partnerships…

August 6, 2026
Dangote Cement
Press Release

Dangote Cement Strengthens Host Communities Through Leadership Development Workshop…

August 6, 2026
Dangote Petroleum Refinery
Press Release

See New Prices Dangote Refinery Further Reduced PMS, Diesel Prices…

August 5, 2026
Advertising
Press Release

Advertising Agencies Must Evolve With AI to Stay Relevant, Experts Warn…

August 3, 2026
Dangote
Press Release

Dangote, Sinoma Sign $800 Million Deal to Double Itori Cement Plant Capacity…

August 2, 2026
Dangote Refinery
Press Release

FG Backs Dangote Refinery as Key to Nigeria’s $1 Trillion Economy Vision…

July 30, 2026

Leave a Reply Cancel reply

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

  • Trending
  • Comments
  • Latest
Uber

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

September 27, 2022
ST Team

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

February 3, 2025
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
EFCC

Tinubu Orders EFCC to Unfreeze Osun Government Account Before Governorship Election…

August 6, 2026
Adeosun

Family Announces Death of Anthony Adeosun, Husband of Ex-Finance Minister Kemi Adeosun…

August 6, 2026
Dangote

Dangote, Canada’s Prime Minister Discuss Investment Partnerships…

August 6, 2026
Dangote Cement

Dangote Cement Strengthens Host Communities Through Leadership Development Workshop…

August 6, 2026

Recent News

EFCC

Tinubu Orders EFCC to Unfreeze Osun Government Account Before Governorship Election…

August 6, 2026
Adeosun

Family Announces Death of Anthony Adeosun, Husband of Ex-Finance Minister Kemi Adeosun…

August 6, 2026
Dangote

Dangote, Canada’s Prime Minister Discuss Investment Partnerships…

August 6, 2026
Dangote Cement

Dangote Cement Strengthens Host Communities Through Leadership Development Workshop…

August 6, 2026
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/2024/05/28/access-holdings-nbdn-to-champion-sustainable-diversity-and-inclusion-at-2024-conference/
  • https://newsonspot.com.ng/2024/04/07/weeping-as-kogi-community-buries-25-victims-of-banditry/
  • https://newsonspot.com.ng/2024/05/13/access-bank-sl-ltd-strengthens-leadership-team-with-key-board-appointments-names-new-chairman/