Oil & Energy
Oil Workers, Stakeholders Unite To End Crude Oil Theft

Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have reiterated their commitment to collaborate with stakeholders in the oil and gas industry to end crude oil theft.
This resolve, they said, would further boost the economic development of the country.
PENGASSAN’s President, Festus Osifo, who made this known at the Opening Ceremony of the 3rd Edition of the PENGASSAN Energy and Labour Summit (PEALS) in Abuja, Weekend, said the scourge of crude oil theft poses a significant threat to the industry, economy, and national integrity.
He said the association has mounted the rostrum over time, both on the streets and in the boardroom, to champion the cause, adding that it would not relent until victory is gained.
Osifo explained that the association was steadfast in the resolve to continuously partner with other stakeholders in the industry to combat the menace through enhanced security measures, technological innovations, community engagement, and collaboration with law enforcement agencies.
He charged the relevant stakeholders and captain of industries at the event to come out with workable solutions that would end the monster, while urging government to put the nation on the right track in terms of economic development.
“As we gather here, let us not lose sight of the broader state of our nation. Nigeria stands at crossroads, and our actions and decisions here in the next few days will provide a framework for a policy trust for government towards shaping the economic outlook of our country. It is incumbent upon us to drive positive change, foster economic growth, and ensure our people’s prosperity.
“Recent policy directions by the government has placed untold hardship on Nigerians. Chief among them is the flotation cum devaluation of the Naira, which saw our currency slide from 450 Naira officially in May 2023 to the current exchange rate of about 1600 Naira.
“This is the reason the landing price of PMS today is over 1,000 Naira (reintroduction of subsidy), the reason why AGO is selling for over 1,300 Naira, and the reason why all Imported commodities are over the roof today.
“The overarching Impact of this on Nigerians can only be imagined rather than experienced.
“Part of the decisions of floatation has totally benefited the oil and gas companies in Nigeria. This has necessitated call for a salary benchmark for oil and gas workers, alignment of trade of the oil and gas commodity Angola, where legislation pegs work pays then the legal tender equivaler Instrument mactised in Mars and at the possibilities of safeguarding the interests of workers amidst currency fluctuations.
“The floating of the Naira in the official market has exacerbated the challenges faced by our members. We must explore innovative solutions to forestall financial losses to workers and prevent undue gains to companies, ensuring a fair and equitable environment for all. PENGASSAN will do all it can to push for this just and equitable distribution across its branches”, he said.
Earlier, in her address, the Minister of State for Labour and Employment, Nkeiruka Onyejeocha, said the event provided the needed platform for the invited professionals, policy makers and Stakeholders in the Petroleum Sector to deliberate on the present and future of the nation’s Oil and Gas Industry focusing on Energy Mix, Security, Divestment and the menace of Crude oil theft as captured by the theme of the year’s Summit with a view to providing access to cheaper energy which she said has become essential for the functioning of modern economies.
Oil & Energy
FG Inaugurates National Energy Master Plan Implementation Committee
Oil & Energy
How Solar Canals Could Revolutionize the Water-Energy-Food Nexus
Oil & Energy
Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.