The third edition of the PENGASSAN Energy and Labour Summit, PEALS 2024, kicked off on August 21st, 2024, at the Transcorp Hilton Abuja. 

In his welcome address, the President of the Association, Comrade Festus Osifo, stated the significant threat the oil theft poses to our industry, economy and national integrity. He stated the resolve of the Association to continuously partner with stakeholders to combat this menace through enhanced security measures, technological innovations, community engagement and collaboration with law enforcement agencies.

Senator Heineken Lokpobiri, Minister of State, Oil, Federal Republic of Nigeria, emphasises that the integration of renewable energy sources alongside the Oil and Gas resources is essential in achieving the balance in energy security. 

He stated that the collaboration would increase Oil production; ensure healthy compeition and fairness to all in Oil and Gas Industry. Supporting local refineries will enhance domestic refinery capacity, reduce dependency on imported refined products,and stimulate economic growth. 

He reaffirm that the Federal Government remains determined to ensure that local refineries thrive by creating and promoting a conductive environment for potential investors.

Other dignitaries like the Honourable Minister of Labour and Employment, Honourable (Bar.) Nkeiruka Onyejeocha, the National Security Adviser, represented by Major Gen. Putter Malla, gave their goodwill messages and commended the Association for her contribution to solving national issues.