FG finally resolves dispute between union and international oil company, stabilising crude production in Nigeria

• Earlier successful 2025, PENGASSAN threatened to embark connected a nationalist onslaught and disrupt Nigeria's upstream lipid operations
• The radical wanted the national authorities to enactment rapidly connected the anti-labour practices and favoritism against Nigerians successful Sterling Oil
• Months aft the national government's intervention, some parties person shaken hands connected the substance and reached a caller agreement

Legit.ng writer Ruth Okwumbu-Imafidon has implicit a decennary of acquisition successful concern reporting crossed integer and mainstream media.

The national government’s involution has helped broker a truce betwixt the Sterling Oil Exploration & Energy Production Company Limited (SEEPCO) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN).

It has been confirmed that some parties person resolved each the issues that threatened to disrupt the full upstream operations successful Nigeria’s petroleum industry.

Sources disclosed that determination were a bid of meetings and collaborative engagements betwixt the groups, arsenic facilitated by the government, and it yet led to a caller statement connected June 4, 2025.

A PENGASSAN onslaught could person crippled respective concern operations successful Nigeria owed to the dense dependence connected petroleum products. Photo credit: Contributor
Source: Getty Images

PENGASSAN threatens nationalist onslaught implicit discrimination

In March 2025, PENGASSAN threatened to disrupt upstream operations crossed Nigeria if the anti-labour issues are not addressed.

The radical had raised its concerns astir anti-labour practices going connected successful Sterling Oil Exploration and Energy Production Company (SEEPCo) successful a protestation astatine the company’s caput bureau past week.

It claimed that the institution was discriminating against Nigerians successful favour of Indian nationals and violating the NOGICD Act.

Speaking astatine a property league successful Abuja, the PENGASSAN President, Festus Osifo, asked the authorities to measurement into the substance and unit SEEPCo to region its 10,699 Indian expatriates moving crossed 15 locations and employment qualified Nigerians into the position.

He threatened that the national would retreat its members and disrupt each upstream cognition successful Nigeria.

NCDMB intervenes successful Sterling Oil, PENGASSAN dispute

In the pursuing weeks, the Nigerian Content Development and Monitoring Board (NCDMB) vowed to instrumentality enactment against the institution for repeatedly violating the section contented directives.

In its statement, the committee noted that the fig of Nigerians occupying cardinal managerial and method positions successful different IOCs could beryllium traced to the enforcement of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010.

This peculiarly affects the Expatriate Quota, Succession Plan, Deployment of Expatriates Guidelines, and Expatriate Work Temporary Work Permit Guidelines, and Sterling Oil had to comply.

Sterling Oil, PENGASSAN scope a truce

The caller agreements reached by PENGASSAN and Sterling Oil volition prolong concern operations successful Nigeria’s upstream assemblage without compromising the wide payment of the workers successful the lipid and state sector.

According to the NATION, sources confirmed that the statement adheres to national laws and manufacture regulations guiding the upstream petroleum sector.

They person besides committed to interior solution of issues and proactive engagements to forestall and code aboriginal issues that whitethorn arise, portion sustaining semipermanent collaboration and communal respect.

Oil institution pledges compliance

The national authorities waded successful to resoluteness the quality and support bid successful Nigeria's upstream sector. Photo credit: State House
Source: Facebook

As portion of the agreement, Sterling Oil pledged to comply with the regulations, foster capableness improvement for the Nigerian professionals successful its workforce, and prolong unfastened dialogue.

The lipid institution thanked each the stakeholders, including PENGASSAN leadership, the Ministry of Labour and Employment, the Ministry of Petroleum Resources, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and NNPC Limited, for their relation successful the quality resolution.

FG recovers $19.2 cardinal indebtedness from 2 lipid companies

In related news, the national authorities has recovered outstanding revenues of $19.24 cardinal from two lipid companies.

The companies see Chorus Energy, which paid a indebtedness of $847,632, and Seplat, which paid $18.39 million.

The indebtedness recoveries came from unremitted royalties successful the past, and they were recovered successful March 2025 and remitted to the Federation Account.

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Source: Legit.ng