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Job Loss Looms for Capital Oil Workers as Chairman Still in Custody


Job Loss Looms for Capital Oil Workers as Chairman Still in Custody

The employees of Capital Oil have voiced out their fear of job loss as their chairman, Ifeayin Uba Chairman, Dr Ifeanyi Ubah remains in the custody of the Department of State Services (DSS). According to a news report by The Nation Newspaper online, the workers urged Acting President  Yemi Osinbajo, Senate President Bukola Saraki, House of Representatives Speaker Yakubu Dogara and the Minister of Labour, Sen. Chris Ngige to intervene so that the over 2,000 Capital Oil and Gas workers will not lose their jobs.


“The injustice meted on Dr Ifeanyi Ubah is negatively affecting over 2,000 workers of Capital Oil. The Federal Government should be mindful of the implications on our families who are gradually been forced to starve,” said the Manager, Distribution, Capital Oil & Gas, Mr. Saturday Igbarease.

Mr. Saturday also added that the workers are worried about not receiving salaries for this month as a result of continued detention of the Dr. Ubah

The DSS had arrested the businessman over allegations of “economic sabotage” and alleged diversion of petroleum products to the tune of N11 billion.

The Service last Thursday obtained an order from a Federal Capital Territory High Court to detain him for 14 more days.

The same day, Federal High Court in Lagos also ordered DSS to release him within 48 hours or charge him to court.

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