The Federal Government has emphasized the importance of supporting the Dangote Refinery, with Vice President Shettima stating that “Nigeria is greater than PENGASSAN.” This declaration followed industrial action by oil workers under PENGASSAN. The government views the $20 billion facility as a national asset that must be protected.
The Federal Government, including Vice President Shettima and Minister of Budget and National Planning Senator Bagudu, has stressed the critical importance of the Dangote Refinery for Nigeria. They view the refinery as a national asset that must be supported to ensure its success.
Vice President Kashim Shettima declared that “Nigeria is greater than PENGASSAN,” emphasizing the need for patriotism and caution from both labor and the private sector. He also highlighted Aliko Dangote’s commitment to investing in Nigeria.
These statements were made at the opening of the Nigerian Economic Summit 2025 in Abuja. The Vice President’s remarks followed industrial action by PENGASSAN, and the Federal Government indicated that the dispute between PENGASSAN and the Dangote Petroleum Refinery had been resolved.
31st Nigerian Economic Summit
The 31st Nigerian Economic Summit (NES #31) will take place from October 6-8, 2025, in Abuja. The theme of the summit is “The Reform Imperative: Building a Prosperous and Inclusive Nigeria by 2030.” The summit is focused on driving industrialization-led growth as a strategic pathway to economic transformation. It will bring together policymakers, industry leaders, financiers, development partners, and entrepreneurs to explore strategies for revitalizing Nigeria’s industrial base. The summit serves as a platform for public-private dialogue on economic management and development policy.