PENGASSAN to FG: Turn oil wealth into jobs, prosperity

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the Federal Government to prioritize converting the nation's substantial oil and gas resources into concrete job creation and sustainable national prosperity. The association stressed the urgent need to translate this wealth into increased revenue, investment, and overall economic well-being for Nigerians.

This appeal was formalized in a communiqué released following the conclusion of the 2026 PENGASSAN meeting. The statement underscores a persistent concern within the country: ensuring that the exploitation of natural resources directly benefits the populace through employment and economic growth.

PENGASSAN's call highlights the ongoing debate in Nigeria about resource management and equitable distribution of wealth. The association advocates for policies that ensure the nation's vast oil and gas reserves lead to tangible improvements in the lives of its citizens, moving beyond mere extraction to foster widespread prosperity and job opportunities.