• About Us
  • Contact Us
  • Privacy & Policy
Monday, November 10, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

Oil Workers Urge Tinubu to Probe IOC for Alleged Sabotage

Vincent Amadi by Vincent Amadi
July 11, 2024
in Economy
Reading Time: 3 mins read
A A
0
Oil Workers Urge Tinubu to Probe IOC for Alleged Sabotage
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram


The Nigerian Union of Petroleum and Natural Gas Workers and the Petroleum and Natural Gas Senior Staff Association of Nigeria Officials have called on President Bola Tinubu to investigate allegations by officials that some international oil majors are conspiring to sabotage the success of the Dangote Refinery Plant.
In a July 1 letter sent to the president through Chief of Staff Femi Gbajabiamila, the unions said they were “deeply concerned and shocked by the recent extraordinary allegations by the Dangote Refinery and Petrochemical Company Ltd. of a deliberate plot by some international oil companies to frustrate their business efforts and continued existence”
The letter, jointly signed by the secretary of NUPENG, Olawale Afolabi, and his PENGASSAN counterpart, Lumumba Okugbawa, said the alleged sabotage allegedly included blocking crude oil supplies to the refinery and artificially inflating the market price of crude oil to the company. This forced the refinery to source crude oil from other countries, resulting in high operational and logistical costs.


“The Dangote Refinery is not only a key national asset but also a beacon of hope for energy security, economic growth, and job opportunities. The economic benefits that a local refinery of Dangote’s calibre would bring to Nigeria cannot be overstated. For this reason, NUPENG and PENGASSAN have campaigned vigorously for Nigeria to make it a prerequisite for companies seeking to benefit from JVC arrangements with Nigeria to set up their refineries and petrochemical companies in Nigeria.
“Unfortunately, none of the successive governments have mustered enough political and patriotic courage to pursue this logical and realistic political course.
“The survival of companies that have had the courage to invest huge amounts in refining Nigerian crude oil, thereby benefiting other countries and saving our country from wasteful importation of products at the expense of foreign currency, should be of great interest to Nigeria and may be of great interest to the people as it will have enormous economic impact,” the letter partly read.
The petroleum workers called on the Federal Government to set up an independent commission to investigate the alleged sabotage by some IOCs, arguing that the investigation must be comprehensive and transparent to ensure that all involved are held accountable. They also demanded that the findings of the investigation be made public to ensure transparency and maintain public confidence, as Nigerians have a right to know the truth about the IOC’s actions and their impact on the national interest.
“Should the allegations be substantiated, we expect the government to take decisive legal action against the companies involved, which should include sanctions, penalties, and other measures necessary to prevent future acts of economic sabotage.
“The government should provide all necessary support to ensure uninterrupted commissioning and operation of the Dangote Refinery, including ensuring safety and stability regarding the refinery’s operations.
“Your Excellency, we have confidence in Your Excellency’s courage and unwavering commitment to the Nigerian project and believe that the President will take decisive action to protect the Dangote Refinery and ensure its successful operation in the interest of the nation. Protecting our National assets is our collective responsibility,” they submitted.


The $20 billion Dangote refinery in Lekki, Lagos, is set to start selling petrol soon.
Dangote Group president Aliko Dangote said his company’s refineries would stop importation of refined petroleum products into Nigeria and Africa.
However, the company has expressed concern over IOC’s alleged refusal to sell crude oil to the refinery.
“The IOCs’ goal appears to be to collapse our refineries. They either deliberately charge exorbitantly high premiums or simply claim that there is no crude available.
“At some point, we were paying $6 more than the market price. This has forced us to cut production and import crude from far away countries like the US, resulting in increased production costs,” Devakumar Edwin, vice president of oil and gas at Dangote Industries Limited, said recently.

Tags: business
Vincent Amadi

Vincent Amadi

Related Posts

Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery supports Tinubu’s 15 percent fuel import duty policy

1 week ago
APC National Chairman Yilwatda Pledges Tinubu-Style Leadership Through Teamwork and Bold Decision-Making
Economy

Economic hardship cause of human trafficking in Nigeria – APC National Chair, Yilwatda

2 weeks ago
Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Fuel price drops as marketers resume loading at Dangote Refinery

3 weeks ago
Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre

4 weeks ago

Leave a Reply Cancel reply

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

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Anambra election: Army denies involvement in electoral activities
National

Anambra election: Army denies involvement in electoral activities

7 hours ago
Niger APC chieftain blasts El-Rufai over Tinubu ‘Life President’ remark
National

El-Rufai to Zamfara residents: Join ADC to tackle security, food supply

7 hours ago
Ex-National Auditor George Moghalu Resigns from APC
National

Anambra election: Result doesn’t reflect people’s wishes – LP’s Moghalu

7 hours ago
2027: Fayose meets Obasanjo amid PDP continuous saga
National

2027: Fayose meets Obasanjo amid PDP continuous saga

7 hours ago
Christian genocide: ‘Your time is up’ – Pastor Enenche blasts terrorists
National

Christian genocide: ‘Your time is up’ – Pastor Enenche blasts terrorists

7 hours ago
Terrorists attack another Plateau community, kill two, injure five
National

Terrorists attack Customs facility in Kebbo, officer feared dead

1 day ago

POLITICS

Anambra election: Army denies involvement in electoral activities

Anambra election: Army denies involvement in electoral activities

7 hours ago
Ex-National Auditor George Moghalu Resigns from APC

Anambra election: Result doesn’t reflect people’s wishes – LP’s Moghalu

7 hours ago
Amupitan will need courage to restore INEC’s credibility — Presidency

Voter apathy greatest challenge of Anambra’s democracy — INEC Chair Amupitan

3 days ago
Peter Obi urges Northern leaders to invest in education to tackle poverty

Anambra election: I support Labour Party — Peter Obi

4 days ago
`You can’t embarrass me. Go and meet who awarded you contractsʼ — Wike rebukes Local contractors

Wike kicks against high court ruling lifting PDP convention ban

5 days ago
Amupitan will need courage to restore INEC’s credibility — Presidency

Anambra Election: Obey the rules, Amupitan cautions stakeholders

5 days ago

YOUR ECONOMY

Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

Dangote Refinery supports Tinubu’s 15 percent fuel import duty policy

1 week ago
APC National Chairman Yilwatda Pledges Tinubu-Style Leadership Through Teamwork and Bold Decision-Making
Economy

Economic hardship cause of human trafficking in Nigeria – APC National Chair, Yilwatda

2 weeks ago
Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Fuel price drops as marketers resume loading at Dangote Refinery

3 weeks ago
Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre
Economy

Dangote Refinery Boosts Fuel Supply as Petrol Price in Nigeria Rises to ₦955 Per Litre

4 weeks ago
Dangote Refinery Begins Distribution of Petrol Nationwide
Economy

We never imported bad fuel – Dangote Refinery

1 month ago
Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn
Economy

Naira Appreciates to N1,465/$ as External Reserves Reserves Jump to $42.4bn

1 month ago

E & P

IFL HOLDS  WORKSHOP ON NEW TAX REFORMS ACT IN PH
Sports

IFL HOLDS  WORKSHOP ON NEW TAX REFORMS ACT IN PH

by Tammy Opoki
6 days ago
0

The International Friendship League( IFL) Port Harcourt Chapter, on Sunday organised its monthly evening variety meeting, at the Azny Palace,...

CAF Champions League: Sandaling Atlantic Aviation Ltd pledges ₦100,000 per goal to Rivers United

CAF Champions League: Sandaling Atlantic Aviation Ltd pledges ₦100,000 per goal to Rivers United

6 days ago
WE ARE UPGRADING SPORTS FACILITIES, NOT TO CONVERT FOOTBALL PITCH – Albert Dede 

WE ARE UPGRADING SPORTS FACILITIES, NOT TO CONVERT FOOTBALL PITCH – Albert Dede 

3 weeks ago
2026 World Cup qualifying play-offs: We are ready for Nigeria – Gabon coach

2026 World Cup qualifying play-offs: We are ready for Nigeria – Gabon coach

3 weeks ago
2026 World Cup playoffs: Super Eagles likely to play Gabon

2026 World Cup playoffs: Super Eagles likely to play Gabon

4 weeks ago
EPL: They’ll be beaten – Paul Scholes predicts winner in Liverpool vs Man Utd

EPL: They’ll be beaten – Paul Scholes predicts winner in Liverpool vs Man Utd

1 month ago

YOUR THOUGHT & HISTORY

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’
National

NASS Rubber-Stamp Tinubu: PDP Chieftain Blasts Legislature, Calls Akpabio ‘Unfit’

by Steven Atogi
1 month ago
The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour
Opinion

The Union, the Tycoon, and the State: Dangote versus PENGASSAN War, A New Precedent for Nigerian Labour

by Odini Brains
1 month ago
HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE
Opinion

HOW MR EAZI, OTEDOLA’S SON-IN-LAW, BUILT AN 18-COUNTRY EMPIRE

by Odini Brains
2 months ago
Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents
National

Mr Eazi and Temi Otedola: A Love Story That Traveled Three Continents

by Odini Brains
2 months ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
3 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Trends

Recent News

Anambra election: Army denies involvement in electoral activities

Anambra election: Army denies involvement in electoral activities

November 10, 2025
Niger APC chieftain blasts El-Rufai over Tinubu ‘Life President’ remark

El-Rufai to Zamfara residents: Join ADC to tackle security, food supply

November 10, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address