Connect with us

Business

NUPENG suspends strike as Dangote accepts union’s demands

Published

on

The Nigeria Union of Petroleum and Natural Gas Workers suspended its two-day strike on Tuesday following a meeting with officials of the Federal Government and the Dangote Group, amid fuel supply disruptions in different locations across the country.

The National President of NUPENG, Williams Akporeha, confirmed this to one of our correspondents. After the failure of the Monday meeting, the Ministry of Labour summoned another meeting on Tuesday with more stakeholders in attendance.

Those in attendance included representatives of the Dangote Group led by Sayyu Dantata, officials of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, and others. An agreement signed after the meeting showed that the Dangote refinery agreed to unionise its members.

“Following the threat to embark on industrial action by the Nigeria Union of Petroleum and Natural Gas Workers over the refusal of the management of the Dangote Refinery and Petrochemical Limited to allow their employees to be unionised by registered labour unions, a conciliation meeting was held at the instance of the Minister of Labour and Employment, and it was revealed in the course of the meeting that:

“The management agreed with this fact and responded that they are not averse to the unionisation of their employees by labour unions in tandem with the provisions of the extant labour laws. After exhaustive deliberations, the following resolutions were reached by both parties: That since workers’ unionisation is a right in line with the provisions of the extant laws, the management of Dangote Refinery and Petrochemicals agreed to the unionisation of employees of Dangote Refinery and the unionisation of employees of Petrochemicals who are willing to unionise.

“That the process of unionisation shall commence immediately and be completed within two weeks (9th-22nd September, 2025), and it was agreed that the employer will not set up any other union.

Arising from the strike notice, no worker or employee of Dangote Refinery and Petrochemical will be victimised,” the agreement read.

Parties are to revert to the Minister of Labour a week after the conclusion of the engagement. Based on the MoU, NUPENG agreed to suspend the industrial action with immediate effect.

The MoU was signed by Dangote’s Sayyu Dantata; NUPENG’s Akporeha and his Secretary, Afolabi Olawale; an official of the NMDPRA, OK Ukoha; a director of the labour ministry, Amos Falonipe; and representatives of the Nigerian Labour Congress and the Trade Union Congress.

However, as the strike entered the second day before its suspension on Tuesday, Nigerians in different parts of the country felt the impact as many filling stations were shut. NUPENG had on Friday declared its intention to stop loading fuel this week over allegations that the Dangote refinery planned to ban the drivers recruited for its 4,000 trucks from joining the union.

See also  Countdown to 2027: Tinubu to pick new INEC chair this week

Recall that the Dangote refinery planned to start direct fuel distribution from August 15 with its 4,000 Compressed Natural Gas-powered trucks. But the scheme was delayed due to a lack of enough ships to bring the trucks to Nigeria. While the refinery is still receiving the trucks as they arrive in Nigeria, the Petroleum Tanker Drivers branch of NUPENG accused the refinery management of anti-labour practices for not allowing its drivers to join the union.

They also accused Alhaji Aliko Dangote of plans to render them useless with his direct fuel distribution scheme. NUPENG President Akporeha on Sunday confirmed that the Federal Government had reached out to the union on the need to avert the strike, but he refused to call off the strike.

Following the inability of the Federal Government to broker peace between NUPENG and the Dangote refinery at the Monday conciliation meeting organised by the Minister of Labour and Employment, Muhammad Dingyadi, the union continued the strike, shutting down depots and some filling stations. The suspension of the strike later in the evening was a relief in areas where its impact was felt.

In states like Cross River and Kaduna, many filling stations were under lock and key on Tuesday, while some adjusted pump prices in Sokoto and Enugu. It was also gathered that vehicle owners engaged in panic buying in parts of Lagos and Ogun States.

The National President of the Petroleum Products Retail Outlet Owners Association of Nigeria, Billy Gillis-Harry, told The PUNCH that “PETROAN members joined the strike on Tuesday, as the Monday meeting with the labour minister yielded no result.” Gillis-Harry, who described the strike as a looming danger, however, appreciated the Federal Government for its prompt intervention.

Fuel supply disruptions

In Calabar, the capital of Cross River, commuters and residents lamented the hike in fares following the fuel scarcity in the state on Tuesday. Commuters said that the fuel scarcity triggered a hike in transport fares, leaving many commuters stranded and frustrated.

Explaining how the fuel scarcity affected transport costs, a resident, Mary Archibong, said, “The fuel scarcity has affected everyone in one way or another. Before now, from Watt to Calabar Roundabout, it used to be N300, but now it’s N500. It is very bad because the drivers are now buying from the black market at N1,500 per litre,” she said.

It was learnt commercial activities in Kaduna were on Tuesday crippled as the now-suspended strike forced major filling stations in the metropolis to shut down their operations. A visit to several parts of the state capital revealed that virtually all major filling stations had locked their gates, leaving motorists and residents stranded.

At the Barnawa area in Kaduna South Local Government Area, Future View Filling Station and the NNPC Mega Filling Station along Aliyu Makama Road were under lock and key. Residents expressed frustration as the strike entered its first day. “I drove around for over an hour looking for fuel. Nowhere is selling,” lamented Musa Lawal, a commercial tricycle operator.

See also  Capital projects crumble as states cut spending

The situation was the same across other parts of the city. At the busy Station Roundabout, the AA Rano and Shema filling stations remained shut, while at the Ahmadu Bello Stadium Roundabout, Total, MRS, and the NNPC Mega Station all closed shop. The stations were deserted.

Similarly, the Total and Mobil filling stations along Ahmadu Bello Way and Muhammadu Buhari Way (formerly WAFF Road) were not dispensing fuel when our correspondent visited.

Some motorists who managed to find fuel at smaller independent stations complained of arbitrary price hikes. A motorist, Sani Ibrahim, told The PUNCH that he bought fuel at N950 per litre, up from N860 the previous day.

In Enugu, commuters were stranded on Tuesday due to fuel scarcity. Many petrol stations closed shops at noon. Motorists were unable to access petrol, so they were left idling on major roads, while some resorted to black-market vendors charging up to N1,500 per litre.

It was observed that busy roads such as Ogui Junction, Abakpa Junction, IMT, Emene, and Holy Ghost were unusually scanty on Tuesday, with few vehicles moving around to pick passengers. The strike led to immediate fare hikes . Buses raised fares from N300 to N500 from Garriki to New Market.

The PUNCH reports that there were long queues in many filling stations across Anambra State on Tuesday, resulting in the sharp increase in transportation fares for both interstate and intrastate movement. The queues built up in some parts of Onitsha, Awka and Nnewi, as only a few filling stations were seen dispensing the product.

As a result, commuters had a hectic time going to their various destinations as commercial transport operators hiked transport fares by over 50 per cent. Many motorists hiked their fares as a result of the development. It was observed that a journey of N200 cost as much as N400, while that of N300 became N600.

In Gombe, fuel prices climbed to between N910 and N1,000 per litre. At a filling station along Gombe-Bauchi Road, an attendant, who pleaded anonymity, confirmed the increment, saying marketers were reacting to “uncertain developments in the sector.”

He added, “We are still selling because supply is steady, but once depots are locked, the price will go up further. That is why our managers adjusted the pump price early.”  Meanwhile, there was not much impact felt in states like Jos, Kano, Zamfara and Ilorin. There was a marginal price increase in Sokoto State.

Speaking on national television earlier on Tuesday, the NUPENG boss, Akporeha, said the union had no choice but to press on with industrial action after Dangote’s management rejected recognised oil and gas unions and allegedly claimed to have a separate association for its workers.

See also  NNPC, NUPRC, NMDPRA shut as PENGASSAN begins strike

Akporeha alleged that the representative of the Dangote refinery, Dantata, walked out of the Monday meeting when the labour minister told him that the Dangote refinery could not have a separate union for its workforce. The labour leader alleged that the Dangote refinery created an alternative drivers’ association to weaken NUPENG, describing the move as illegal.

He insisted that the law only recognised existing unions such as NUPENG, PENGASSAN and others in the oil and gas sector. While clarifying that strike action was a legitimate industrial tool, Akporeha stressed that dialogue remained open.

“Strikes are part of industrial relations. But under my leadership, it has never been the first option, but no employer has the right to enslave workers,” he said. He dismissed allegations that NUPENG was attempting to sabotage the refinery or frustrate local production.

“Everybody wants Dangote to succeed, including NUPENG. But he must play by the rules. Nigeria cannot afford investors who act like dictators or slave drivers,” he said. On Monday, depots and filling stations were also closed by NUPENG members. The Aradel refinery in Obele, Port Harcourt, was shut. The Kwale Hydrocarbon facility in Delta State was shut.

Checks by one of our correspondents confirmed that activities at petroleum depots were paralysed across the country. NUPENG officials visited the depots on Monday and the early hours of Tuesday to enforce compliance. In various states across the country, especially those in Lagos and Warri, Delta State, drivers parked their trucks to wait for the next directive as far as fuel lifting was concerned.

Our correspondent reports that NUPENG officials shut down some depots to prevent the movement of trucks. The National President of NUPENG, Williams Akporeha, told our correspondent that there was “100 per cent compliance across the nation.” Some members of the union accused Dangote and MRS of having plans to take over their jobs with the recruitment of new drivers.

At Aiteo, RainOil, Shell+, First Royal, MAO, Hensmor, One Terminals, Africa Terminals, Integrated Oil and Gas, and other depots in Lagos, the gates were locked as workers stayed away to comply with the strike action. Also, A&E, Matrix, Parker AY Shafa, and other depots in Warri joined the strike on Monday. The PUNCH reports that with the suspension of the industrial action, loading of fuel is expected to resume on Wednesday.

(Additional reports by: Raphael Ede, Ikenna Obianeri, Chima Azubuike, James Abraham, Hussaini Ibrahim, Maiharaji Altine, Animasahun Salman, and Dare Akogun)

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

TUMBLR

INSTAGRAM

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Customs hand over seized N40.7m petrol to NMDPRA

Published

on

The Comptroller-General of Customs, Adewale Adeniyi, on Friday handed over 1,650 jerrycans of Premium Motor Spirit, worth N40.7 million, to the Nigerian Midstream and Downstream Petroleum Regulatory Authority for further investigation.

Addressing journalists at the handover ceremony held at the Customs Training College in Ikeja, Adeniyi said the seized fuel was intercepted at various locations, including Badagry, Owode, Seme, and other axes within Lagos State.

Represented by the National Coordinator of Operation Whirlwind, Deputy Comptroller-General Abubakar Aliyu, Adeniyi said the contraband was intercepted over the past nine weeks.

“In the space of nine weeks, our operatives intensified surveillance and enforcement across critical border communities. A total of 1,650 jerrycans of 25 litres each were seized along notorious smuggling routes, including Adodo, Seme, Owode Apa, Ajilete, Idjaun, Ilaro, Badagry, Idiroko, and Imeko. The total duty-paid value of the PMS is N40.7 million,” Adeniyi said.

He added that three tankers used to transport the fuel were carrying 60,000, 45,000, and 49,000 litres respectively, totalling 154,000 litres of PMS.

According to Adeniyi, the interception was the result of intelligence-driven operations and the vigilance of Operation Whirlwind in safeguarding Nigeria’s economy and energy security.

He explained that the transportation and movement of petroleum products are governed by regulatory frameworks and standard operating procedures designed to prevent diversion, smuggling, hoarding, and economic sabotage.

“These items contravened the established Standard Operating Procedures of Operation Whirlwind,” Adeniyi said, emphasising that such violations undermine government policy, distort market stability, and deprive the nation of critical revenue.

See also  Adamawa ADC gives Atiku ultimatum to pick membership card

He warned that border corridors such as Owode, Seme, and Badagry remain sensitive economic arteries. “These routes have historically been exploited for illegal cross-border petroleum movement. Under our watch, there will be no safe haven for economic sabotage,” he said.

Adeniyi said the handover to NMDPRA reflects inter-agency collaboration. “While Customs enforces border control and anti-smuggling mandates, NMDPRA regulates distribution and ensures compliance with downstream laws. This collaboration ensures due process, transparency, and regulatory integrity,” he said.

Representing NMDPRA, Mrs. Grace Dauda said the agency ensures that petroleum products produced in Nigeria are consumed domestically. “It is unfortunate that some businessmen attempt to smuggle the product out of the country. The public must work together to stop economic sabotage,” she said.

Operation Whirlwind is a special tactical enforcement operation launched by the Nigeria Customs Service in 2024 to combat cross-border smuggling of petroleum products, particularly PMS, and other contraband that threaten Nigeria’s economic security. It was established in response to a surge in illegal fuel diversion across the country.

punch.ng

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

TUMBLR

INSTAGRAM

Continue Reading

Business

Stocks drop, oil rises after Trump Iran threat

Published

on

Most Asia equities fell and oil prices rose on Friday after Donald Trump ratcheted up Middle East tensions by hinting at possible military strikes on Iran if it did not make a “meaningful deal” in nuclear talks.

The remarks fanned geopolitical concerns and cast a pall over a tentative rebound in markets following an AI-fuelled sell-off this month.

Traders are also looking ahead to the release of US data later in the day that will provide a fresh snapshot of the world’s top economy.

A slew of forecast-beating figures over the past few days have lifted optimism about the outlook but tempered expectations for more interest rate cuts.

The US president told the inaugural meeting of the “Board of Peace”, his initiative to secure stability in Gaza, that Tehran should make a deal.

“It’s proven to be over the years not easy to make a meaningful deal with Iran. We have to make a meaningful deal otherwise bad things happen,” he said, as he deployed warships, fighter jets and other military hardware to the region.

He warned that Washington “may have to take it a step further” without any agreement, adding: “You’re going to be finding out over the next probably 10 days.”

Israeli Prime Minister Benjamin Netanyahu earlier warned: “If the ayatollahs make a mistake and attack us, they will receive a response they cannot even imagine.”

The threats come days after the United States and Iran held a second round of Omani-mediated talks in Geneva as Washington looks to prevent the country from getting a nuclear bomb, which Tehran says it is not pursuing.

See also  Countdown to 2027: Tinubu to pick new INEC chair this week

The prospect of a conflict in the crude-rich Middle East has sent oil prices surging this week, and they extended the gains Friday to sit at their highest levels since June.

Equity traders were also spooked.

Hong Kong fell as it reopened from a three-day break, while Tokyo, Sydney, Wellington and Bangkok were also down. However, Seoul continued to rally to a fresh record thanks to more tech buying, with Singapore, Manila and Mumbai also up.

City Index market analyst Matt Simpson said a strike was not certain.

“At its core, this looks like pressure and leverage rather than a prelude to invasion,” he wrote.

“The US is pairing military readiness with stalled nuclear negotiations, signalling it has credible strike options if talks fail. That doesn’t automatically translate into boots on the ground or a regime-change campaign.

“While military assets dominate headlines, diplomacy is still in motion. The fact talks are continuing at all suggests both sides are still probing for a diplomatic off-ramp before tensions harden further.”

Shares in Jakarta slipped even after Trump and Indonesian President Prabowo Subianto reached a trade deal after months of wrangling.

The accord sets a 19 percent tariff on Indonesian goods entering the United States. The Southeast Asian country had been threatened with a potential 32 percent levy before the pact.

Jakarta also agreed to $33 billion in purchases of US energy commodities, agricultural products and aviation-related goods, including Boeing aircraft.

– Key figures at around 0700 GMT –

Tokyo – Nikkei 225: DOWN 1.1 percent at 56,825.70 (close)

Hong Kong – Hang Seng Index: DOWN 0.7 percent at 26,508.98

See also  FG to borrow N800bn via February bonds

Shanghai – Composite: Closed for holiday

West Texas Intermediate: UP 0.9 percent at $67.05 per barrel

Brent North Sea Crude: UP 0.9 percent at $72.27 per barrel

Euro/dollar: DOWN at $1.1756 from $1.1767 on Thursday

Pound/dollar: DOWN at $1.3448 from $1.3458

Euro/pound: DOWN at 87.42 pence from 87.43 pence

Dollar/yen: UP at 155.17 yen from 155.07 yen

New York – Dow: DOWN 0.5 percent at 49,395.16 (close)

London – FTSE 100: DOWN 0.6 percent at 10,627.04 (close)

AFP

punch.ng

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

TUMBLR

INSTAGRAM

Continue Reading

Business

FG defers 70% of 2025 capital budget to 2026

Published

on

The Federal Government has said it will implement 30 per cent of the 2025 capital budget before the end of November, as part of measures to fast-track project execution and clear outstanding obligations.

It also stated that the remaining 70 per cent has been rolled over into the 2026 capital budget to ensure seamless implementation. The move follows a directive to Ministries, Departments, and Agencies to comply strictly with procurement rules in the execution and payment of capital projects under the extended 2025 budget cycle.

In a statement on Thursday by the Director of Press and Public Relations at the Office of the Accountant-General of the Federation, Bawa Mokwa, the government said MDAs had been instructed to align fully with the Public Procurement Act in implementing the 2025 and 2026 capital budgets.

The Minister of State for Finance, Mrs Doris Uzoka-Anite, gave the directive during a stakeholders’ meeting on the implementation of the extended 2025 Capital Budget held at the Federal Ministry of Finance in Abuja.

She stressed that capital disbursements must follow due process.

The statement read, “Mrs Uzoka-Anite emphasised that all capital payments must comply with the principles of the Procurement Act and that capital projects must be backed by cash before execution. She warned that no capital payment should be processed outside approved procurement procedures.”

She added that the country has sufficient funds to settle outstanding obligations and urged MDAs to update their documentation to enable quicker processing of payments.

The statement noted, “The Minister further stated that the nation has adequate funds to settle pending payments and urged MDAs to review and update their documentation to facilitate the timely processing of payments.”

See also  Terrorism: Police tighten S’East security as Kanu knows fate today

Providing further details, the Accountant-General of the Federation, Dr Shamseldeen Ogunjimi, disclosed that the Government Integrated Financial Management Information System had been fully restored.

Ogunjimi reiterated that warrants had already been issued to MDAs and announced that Treasury House would begin implementation of the 30 per cent component of the 2025 budget by the end of next week.

The statement read, “Dr Ogunjimi explained that 30 per cent of the 2025 Capital Budget will be implemented between now and 30 November 2026, while the remaining 70 per cent has been rolled over into the 2026 Capital Budget to ensure seamless implementation, in line with the directive of President Bola Tinubu.

“He reiterated that warrants have already been issued to MDAs and announced that Treasury House will commence implementation of the 30 per cent component of the 2025 Budget by the end of next week.”

The decision effectively means that a significant portion of last year’s capital allocations will now be executed within the current fiscal window, while the bulk has been carried forward into the 2026 capital framework to avoid disruption of ongoing projects.

Earlier in his welcome address, the Director of Funds, Mr Steve Ehikhamenor, cautioned MDAs against exceeding approved allocations. He urged them to avoid budget overruns and to adhere strictly to approved project items and their corresponding values.

He also advised agencies not to exceed the amounts specified in their warrants, to return any unutilised or excess funds to the Treasury, and to work closely with GIFMIS officials for technical support.

See also  Bloody ballot: Inside deadly battles for SUG leadership in varsities

The PUNCH earlier in December 2025 exclusively reported that the Federal Government ordered ministries, departments, and agencies to carry over 70 per cent of their 2025 capital budget into the 2026 fiscal year as the administration moved to prioritise the completion of existing projects and contain spending pressures in the face of weak revenues.

The directive was contained in the 2026 Abridged Budget Call Circular issued by the Federal Ministry of Budget and Economic Planning and circulated to ministers, service chiefs, heads of agencies, and other senior government officials in Abuja.

The circular stated that only 30 per cent of the 2025 capital budget would be released within the year, while the remaining 70 per cent would form the basis of the 2026 capital budget, replacing the traditional rollover approach.

However, the Federal Government did not release the 30 per cent earmarked for 2025, resulting in its deferral into 2026, as ministers raised concerns over the non-release of funds for capital projects.

The PUNCH earlier reported that ministers in charge of key infrastructure and service-delivery agencies are grappling with a severe funding squeeze, as figures showed that MDAs received less than N1tn for capital projects in the first seven months of 2025.

The data used for this report was the most up-to-date available from the Budget Office of the Federation, as the agency had yet to release comprehensive full-year implementation figures, despite the fiscal year being well advanced.

An analysis of data from the Budget Office of the Federation’s Medium-Term Expenditure Framework and Fiscal Strategy Paper (2026–2028) showed that while N18.53tn was appropriated for capital expenditure for “MDAs and others” in 2025, the January–July pro rata benchmark stood at N10.81tn.

See also  PoS takeover: FG ends cash payments in MDAs

However, actual capital releases to MDAs and related entities during the period amounted to just N834.80bn. That left a pro rata shortfall of about N9.98tn and a performance rate of only 7.72 per cent within the seven-month window.

punch.ng

FOLLOW US ON:

FACEBOOK

TWITTER

PINTEREST

TIKTOK

YOUTUBE

LINKEDIN

TUMBLR

INSTAGRAM

Continue Reading

Trending