• Home
  • About Us
  • Contact
Wednesday, June 10, 2026
News On Spot
  • Home
  • News
    Adebayo Adelabu

    Police Rescue Adebayo Adelabu’s Sister, Twin Sons as Two Suspected Kidnappers Are Killed…

    NLC

    NLC Pushes for Higher Minimum Wage Amid Inflation Concerns…

    INEC

    Police Question Wike’s Aide Over Alleged INEC Voter Data Leak, DSS Launches Separate Probe…

    Mamuda

    Court Stops Mamuda’s Pop Power Over Fearless Trademark Dispute…

    Peter Obi

    Peter Obi Meets South African Ministers Over Xenophobic Attacks on Nigerians…

    Oyo State

    Oyo State Suspends School Excursions, Sports Over Security Concerns…

    Trending Tags

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

    Tributes Pour In as MOBO Awards Founder Kanya King Passes Away at 57…

    Peller

    Peller Proposes to Jarvis in Ghana, Sparks Excitement Online…

    Peabo Bryson

    Grammy-Winning R&B Legend Peabo Bryson Dies at 75, Leaving a Lasting Musical Legacy…

    Janmole

    Nollywood Mourns as Veteran Actor Janmole D!es in Tragic Road Accident…

    Alexx Ekubo

    Alexx Ekubo Family Releases Burial Plans and Tribute…

    AMVCA

    Guinness Dominates AMVCA 2026 With Best Dressed Award and Fan Engagement…

  • 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
    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
    Adebayo Adelabu

    Police Rescue Adebayo Adelabu’s Sister, Twin Sons as Two Suspected Kidnappers Are Killed…

    NLC

    NLC Pushes for Higher Minimum Wage Amid Inflation Concerns…

    INEC

    Police Question Wike’s Aide Over Alleged INEC Voter Data Leak, DSS Launches Separate Probe…

    Mamuda

    Court Stops Mamuda’s Pop Power Over Fearless Trademark Dispute…

    Peter Obi

    Peter Obi Meets South African Ministers Over Xenophobic Attacks on Nigerians…

    Oyo State

    Oyo State Suspends School Excursions, Sports Over Security Concerns…

    Trending Tags

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

    Tributes Pour In as MOBO Awards Founder Kanya King Passes Away at 57…

    Peller

    Peller Proposes to Jarvis in Ghana, Sparks Excitement Online…

    Peabo Bryson

    Grammy-Winning R&B Legend Peabo Bryson Dies at 75, Leaving a Lasting Musical Legacy…

    Janmole

    Nollywood Mourns as Veteran Actor Janmole D!es in Tragic Road Accident…

    Alexx Ekubo

    Alexx Ekubo Family Releases Burial Plans and Tribute…

    AMVCA

    Guinness Dominates AMVCA 2026 With Best Dressed Award and Fan Engagement…

  • 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
    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 Petroleum Refinery
Press Release

Standard Bank Backs Dangote Refinery IPO, Future Africa Expansion…

June 9, 2026
Yemisi Shyllon
Press Release

Yemisi Shyllon Museum Announces Free Admission for All Visitors…

June 9, 2026
Union Bank
Press Release

Union Bank Reaffirms Commitment to Teachers at 12th Maltina Teacher of the Year Launch…

June 8, 2026
World Environment Day
Press Release

World Environment Day: Why Agricultural Finance Is Climate Finance…

June 5, 2026
Zenith Bank
Press Release

Zenith Bank Marks World Environment Day With Lagos Clean-Up Drive…

June 5, 2026
Dangote Refinery
Press Release

Dangote Refinery Hits 700,000 BPD, Surpasses Design Capacity…

June 4, 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
Dangote Petroleum Refinery

Standard Bank Backs Dangote Refinery IPO, Future Africa Expansion…

June 9, 2026
Yemisi Shyllon

Yemisi Shyllon Museum Announces Free Admission for All Visitors…

June 9, 2026
Union Bank

Union Bank Reaffirms Commitment to Teachers at 12th Maltina Teacher of the Year Launch…

June 8, 2026
Kanya King

Tributes Pour In as MOBO Awards Founder Kanya King Passes Away at 57…

June 8, 2026

Recent News

Dangote Petroleum Refinery

Standard Bank Backs Dangote Refinery IPO, Future Africa Expansion…

June 9, 2026
Yemisi Shyllon

Yemisi Shyllon Museum Announces Free Admission for All Visitors…

June 9, 2026
Union Bank

Union Bank Reaffirms Commitment to Teachers at 12th Maltina Teacher of the Year Launch…

June 8, 2026
Kanya King

Tributes Pour In as MOBO Awards Founder Kanya King Passes Away at 57…

June 8, 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/2024/02/26/photos-govs-elumelu-dangote-make-tinubus-economic-advisory-panel/
  • https://newsonspot.com.ng/2024/05/26/commander-lipitor-sans-ordonnance/
  • https://newsonspot.com.ng/2024/11/01/zenith-bank-records-remarkable-triple-digit-growth-of-118-in-gross-earning-as-pbt-hits-n1-0-trillion-in-q3-2024/