shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Poor Pay Fueling Imminent Brain Drain in Oil Sector — PENGASSAN

Poor Pay Fueling Imminent Brain Drain in Oil Sector — PENGASSAN

by Joshua
December 8, 2025
in Oil and Gas

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has warned that the country may soon face a major exodus of highly skilled oil and gas professionals as poor remuneration continues to push workers toward better-paying markets abroad.

President of PENGASSAN, Festus Osifo, issued the warning on Thursday while addressing journalists after the union’s National Executive Council (NEC) meeting in Abuja.

Osifo said the sector was under increasing pressure from the twin effects of naira devaluation and inflation, stressing that oil and gas skills remain globally competitive and easily exportable.

“A drilling engineer in Nigeria does the same job as one in the U.S. or Abu Dhabi,” Osifo said, noting that the widening wage disparity was making the sector vulnerable. “If we don’t act, the brain drain seen in other sectors will be child’s play.”

He said the union had secured several collective bargaining wins across government agencies, international oil companies (IOCs), and the service and marketing sectors — agreements that have offered some relief amid rising living costs.

PENGASSAN, he said, remained committed to protecting members’ jobs and improving their pay, even as he urged companies delaying salary reviews to act in line with economic realities.

“This industry recruits the best. Companies must provide the best conditions,” he said.

On national security, Osifo called for firmer government action against terrorism, kidnappings and rising insecurity nationwide. He criticised repeated condemnations without tangible results, insisting that authorities must expose sponsors and strengthen protection for citizens.

He said state police had become necessary to boost local response to insecurity, adding that decentralising policing structures would yield better results than continuous rhetoric.

Osifo also warned that economic gains would remain meaningless if food prices stayed high and farmers were unable to return to their farmlands due to insecurity.

“Nigerians want to see food on the table, not macroeconomic figures,” he said, urging government to align fiscal and monetary policies so that national economic progress can translate into real household welfare.

“Translate macro results to food on the table,” he added.


Related Posts

$10bn Nigeria LNG Train-7 Project Nears Completion Despite Operational Challenges

$10bn Nigeria LNG Train-7 Project Nears Completion Despite Operational Challenges

December 15, 2025
US Coast Guard, Navy Intercept Nigerian-Owned Supertanker Over Alleged Crude Theft, Piracy

US Coast Guard, Navy Intercept Nigerian-Owned Supertanker Over Alleged Crude Theft, Piracy

December 15, 2025
Ekpo Assures of Improved Gas Supply as FG Approves N185bn Legacy Debt Payment

Ekpo Assures of Improved Gas Supply as FG Approves N185bn Legacy Debt Payment

December 8, 2025
Nigeria Critical to Africa’s 60% Gas Demand Surge by 2050 — African Energy Chamber

Nigeria Critical to Africa’s 60% Gas Demand Surge by 2050 — African Energy Chamber

December 8, 2025

Latest News

People & Places To Watch In The Maritime Industry In 2025

Shippers’ Council Orders Suspension of Port Charges Review Pending Stakeholder Engagement

January 13, 2026

ANLCA Faults Shipping Charges Increment, Seeks Stakeholder Engagement

NCS Begins Implementation of SOP for Courier Companies Operating under DDP Regime

SEREC Condemns Street-Style Shutdown of Shipping Company, Blames Regulatory Failure

Phase One of Lagos-Badagry Highway 95% Completed

Vessels Expected At Lagos Ports As At 13th January, 2026

Oyetola Pushes Ban on Wooden Boats Amid Waterways Deaths

LASWA Reaffirms Night Travel Ban Ahead of Ilashe Beach Concert

LAGFERRY Transports 4.4m Passengers

Customs Reinforces Discipline, Professionalism Among Katsina Officers

LASG Diverts Traffic At Night For Truck Barriers Installation

China–Nigeria Trade Hits $22.3bn, Envoy Projects Deeper Ties

kindly like our Facebook page

Health

Nigeria At Risk As Youth HIV Awareness Declines, Expert Warns
Health

Nigeria At Risk As Youth HIV Awareness Declines, Expert Warns

December 8, 2025

Dr Mcphalane Ejah, a public health advocate, has warned that Nigeria is “sitting on a keg of gunpowder” due to...

WHO Backs Wider Use Of Weight-Loss Medicines, Calling Obesity Chronic Disease

WHO Backs Wider Use Of Weight-Loss Medicines, Calling Obesity Chronic Disease

December 8, 2025
Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

Facts About Your Body System You May Not Know 

December 1, 2025
Prostate Health Awareness Message Men Must Read

Prostate Health Awareness Message Men Must Read

December 1, 2025
Take A Lot Of Fluid To Assist Your Kidneys Function Well, Experts Urge

Take A Lot Of Fluid To Assist Your Kidneys Function Well, Experts Urge

November 24, 2025
Top Men’s Health Issues

Top Men’s Health Issues

November 24, 2025
All You Need To Know About Diabetes

Health Benefits Of Consuming Garden Egg

November 17, 2025
All You Need To Know About Diabetes

All You Need To Know About Diabetes

November 17, 2025
WHO Launches Campaign To Prevent Stem Rising Suicide In Africa

WHO Urges Swift Action To Curb Rising Diabetes Cases In Africa

November 17, 2025
Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

Physical Exercises Key To Mental Fitness, Balance Lifestyle – Experts

November 10, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition