PENGASSAN Holds National Executive Council Meeting in Abuja, Set to Deliberate on Oil and Gas Sector Challenges

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Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) convene in Abuja for their National Executive Council (NEC) meeting, as the union prepares to deliberate on key issues affecting its members and Nigeria’s oil and gas sector.

According to Mediaplusng.com, the high-level meeting brings together union leaders from across the country to assess industrial relations, policy developments, and emerging challenges within the petroleum industry.

The NEC meeting is expected to focus on matters relating to workers’ welfare, regulatory reforms, sector stability, and the broader economic implications of recent government policies affecting the oil and gas value chain.

Mediaplusng.com reports that discussions at the meeting are also likely to reflect the union’s recent stance on fiscal and administrative directives impacting the Nigerian National Petroleum Company Limited, a critical player in Nigeria’s energy landscape.

Notably, PENGASSAN recently expresses opposition to an executive order issued by President Bola Tinubu directing remittances from the Nigerian National Petroleum Company Limited (NNPCL) to the Federation Account. The union raises concerns over the potential implications of the directive on operational sustainability and sectoral autonomy.

According to Mediaplusng.com, union representatives argue that policy decisions affecting NNPCL must balance national revenue considerations with the need to maintain efficiency, investment confidence, and long-term growth within the oil and gas industry.

Industry analysts note that the NEC meeting comes at a pivotal time for Nigeria’s petroleum sector, as stakeholders navigate reforms introduced under the Petroleum Industry Act (PIA), fluctuating global oil prices, and domestic energy transition strategies.

Observers also point out that PENGASSAN, as one of the leading unions in the oil and gas sector, plays a significant role in shaping labour relations, influencing policy debates, and advocating for transparency and accountability in the management of petroleum resources.

The Abuja gathering is expected to produce resolutions addressing internal union matters, workforce stability, and strategic engagement with government agencies and regulatory bodies.

Energy experts emphasise that constructive dialogue between labour unions, government authorities, and corporate stakeholders remains essential to sustaining productivity and preventing industrial disputes that could disrupt crude oil production and revenue generation.

As deliberations continue, attention focuses on the outcomes of the NEC meeting and whether the union will outline new action plans, policy recommendations, or advocacy strategies concerning fiscal governance and sector reforms.

The development underscores the evolving dynamics within Nigeria’s oil and gas industry, where labour unions, policymakers, and energy companies continue to negotiate pathways for economic stability, workers’ rights, and national development.

Stakeholders await the official communiqué from the NEC meeting, which is expected to clarify PENGASSAN’s position on current sector challenges and outline its roadmap for engagement in the months ahead.

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