• About Us
  • Contact Us
  • Privacy & Policy
Thursday, September 11, 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

PENGASSAN Sounds Alarm over Indian Takeover in Oil and Gas Industry

Vincent Amadi by Vincent Amadi
August 24, 2024
in Economy
Reading Time: 2 mins read
A A
0
PENGASSAN Sounds Alarm over Indian Takeover in Oil and Gas Industry
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram


The Petroleum and Natural Gas Senior Officials Association of Nigeria (PENGASSAN) has condemned the massive influx of Indians into the country’s oil and gas industry.
PENGASSAN’s President Festus Osifo said Indians are blatantly abusing the foreign quota system, with Indians filling menial jobs in the sector.
Osifo expressed the concern on Friday at the closing of the three-day Third Energy and Jobs Summit in Abuja.
The theme of the summit is “The Future of Nigeria’s Oil and Gas Industry: Energy Mix, Energy Security, Artificial Intelligence, Divestment, and Crude Oil Theft”.
Osifo said the growing dominance of foreigners, especially Indians, in the sector is alarming. “They are taking over low-level jobs, which is a blatant abuse of the expatriate quota system


“In Sterling Oil today, it will amaze you to discover that we have more Indians working there compared to the number of Nigerians.
“In fact, up to vulcanizers, you have Indians carrying out such low jobs and functions in all their plants as operators and some are even gatekeeping operators,” he said.
Osifo said the union had approached the Nigerian Content Development and Monitoring Board (NCDMB) to resolve the issue but to no avail.
According to him, today Nigerians are looking for jobs and our graduates are also looking for jobs.
“But we keep granting expatriate quota to these Indian companies and they have abused it, ” he said.
He alleged that companies had manipulated the system by registering numerous shell companies to facilitate the influx of expatriates.
He said they had registered more than 200 companies to do this.


“When they are bringing in 10 Indians, they will use one company. Tomorrow, when they are bringing in another 20, they will use another company.
“So, if you check, you will discover that over 100 or 200 companies registered spread these Indians across board,” Osifo said.
He said PENGASSAN has been in extensive discussions with stakeholders for the past two years to resolve the issue but without results.
“What is left for us might probably be a confrontation. We are fully prepared because we cannot be slaves in Nigeria.
“Nigeria’s oil resources belong to Nigerians and it should benefit them first and foremost. It doesn’t belong to Sterling or any other,” he said.
He called on the Federal Government to act swiftly and protect the rights and opportunities of Nigerian workers.
Osifo said the number of Indians employed at the Indorama facility in Port Harcourt outnumbers Nigerians.
He said wages are being paid in US dollars while Nigerian workers are struggling with the effects of the currency devaluation.
Osifo said “This situation is unacceptable and it must be addressed now,”
He called on the relevant authorities to take firm action against companies that misuse the foreign quota system to the detriment of Nigerian workers.

Tags: business
Vincent Amadi

Vincent Amadi

Related Posts

Manufacturing and agric sectors decline threaten Nigeria’s industrialisation
Economy

Manufacturing and agric sectors decline threaten Nigeria’s industrialisation

2 weeks ago
FG launches initiative to cut overhead cost
Economy

FG launches initiative to cut overhead cost

3 weeks ago
Grant tax relief to media houses —Ex-NNPCL spokesman tells FG
Economy

Grant tax relief to media houses —Ex-NNPCL spokesman tells FG

3 weeks ago
Rice farmers blame middlemen for continuous price hike
Economy

Rice farmers blame middlemen for continuous price hike

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

NCAA Orders Airlines to Blacklist Unruly Passengers, Protect Airline Staff
National

NCAA Orders Airlines to Blacklist Unruly Passengers, Protect Airline Staff

10 hours ago
Nigeria and Brazil to sign MoU on direct flight
National

Tinubu Orders Urgent Action to Cut Rising Food Prices

11 hours ago
Ezekwesili Calls on Senate to Recall Natasha Akpoti Immediately
National

Ezekwesili Calls on Senate to Recall Natasha Akpoti Immediately

11 hours ago
EFCC Grills Mele Kyari Over $7.2bn Refinery Turnaround Maintenance Scandal
National

EFCC Grills Mele Kyari Over $7.2bn Refinery Turnaround Maintenance Scandal

11 hours ago
Ex-NAPAC chairman to Natasha: Prove sexual harassment claim or resign from Senate
National

Senate Bars Natasha Akpoti from Resuming Despite Suspension Elapsing

1 day ago
We need N3trn to complete NNPCL-funded road projects — Umahi
National

We need N3trn to complete NNPCL-funded road projects — Umahi

1 day ago

POLITICS

I will break second term jinx in Ekiti – Gov Oyebanji

I will break second term jinx in Ekiti – Gov Oyebanji

11 hours ago
Peter Obi Can Return to PDP Without Wike Obstruction – Jacob Mark

Oyo PDP blasts APC protest over Makinde’s N300bn loan approval

1 day ago
More governors set to defect to APC – Yilwatda

More governors set to defect to APC – Yilwatda

1 day ago
Peter Obi, El-Rufai Granted Waiver Ahead 2027 Election

Update: ADC sets up disciplinary committee to resolve Abia leadership crisis

2 days ago
APC acting like terrorist organisation, says ADC over Lagos attack

APC acting like terrorist organisation, says ADC over Lagos attack

3 days ago
Breaking News: APC National Chairman Ganduje Resigns

Ganduje Denies Defection to ADC, Reaffirms APC Loyalty

4 days ago

YOUR ECONOMY

Manufacturing and agric sectors decline threaten Nigeria’s industrialisation
Economy

Manufacturing and agric sectors decline threaten Nigeria’s industrialisation

2 weeks ago
FG launches initiative to cut overhead cost
Economy

FG launches initiative to cut overhead cost

3 weeks ago
Grant tax relief to media houses —Ex-NNPCL spokesman tells FG
Economy

Grant tax relief to media houses —Ex-NNPCL spokesman tells FG

3 weeks ago
Rice farmers blame middlemen for continuous price hike
Economy

Rice farmers blame middlemen for continuous price hike

4 weeks ago
Naira appreciates against dollar on the weekend
Economy

Naira appreciates against dollar on the weekend

4 weeks ago
Largest shea butter refinery in Africa begins operation in Niger State
Economy

Largest shea butter refinery in Africa begins operation in Niger State

1 month ago

E & P

Lookman Wins Atalanta Player of the Month of September 2024
Sports

Siasia to Chelle: Rely on Lookman, Arokodare

by Steven Atogi
2 days ago
0

Former Nigeria coach, Samson Siasia has advised Super Eagles manager Eric Chelle to maximise Ademola Lookman’s set-piece ability and Tolu...

Chelsea Push £78m Fermin Lopez Transfer Bid

Chelsea Push £78m Fermin Lopez Transfer Bid

2 weeks ago
The Rise And Fall Of Sports Institute, Isaka

The Rise And Fall Of Sports Institute, Isaka

3 weeks ago
KTF Launches Free Youth Tennis Clinic in Port Harcourt

KTF Launches Free Youth Tennis Clinic in Port Harcourt

3 weeks ago
‘It’s a shame’ – Ex-Newcastle striker, Andy Carroll blasts Isak over transfer move

‘It’s a shame’ – Ex-Newcastle striker, Andy Carroll blasts Isak over transfer move

4 weeks ago
NPFL Suspends S’Eagles Goalkeeper Over Betting Allegations

NPFL Suspends S’Eagles Goalkeeper Over Betting Allegations

1 month ago

YOUR THOUGHT & HISTORY

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
4 days 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
4 days ago
The Rise And Fall Of Sports Institute, Isaka
Columns

The Rise And Fall Of Sports Institute, Isaka

by Tammy Opoki
3 weeks ago
Tribute to Old Port Harcourt Boy (Peter Rufai)
Columns

Tribute to Old Port Harcourt Boy (Peter Rufai)

by Tammy Opoki
2 months ago
A Democracy Strained: Buhari’s Human Rights Record and the Repression of Dissent
Columns

A Democracy Strained: Buhari’s Human Rights Record and the Repression of Dissent

by Odini Brains
2 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

NCAA Orders Airlines to Blacklist Unruly Passengers, Protect Airline Staff

NCAA Orders Airlines to Blacklist Unruly Passengers, Protect Airline Staff

September 11, 2025
Nigeria and Brazil to sign MoU on direct flight

Tinubu Orders Urgent Action to Cut Rising Food Prices

September 11, 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