Business
Arewa, Oduduwa, Others Back Dangote’s Decision On Sack Of Employees
…Accuse PENGASSAN, NUPENG Of Plot To Introduce Corruption Into Private Refinery
…Urge Attorney General Of The Federation To Order Thorough Probe Of Union’s Financial Activities In The Last 10 Years
In a show of unprecedented unity across Nigeria’s diverse ethnic landscapes, prominent groups from the North, South-West, South-East and South-South have thrown their weight behind the Dangote Refinery’s recent decision to lay off over 800 employees amid escalating labour tensions.
The groups under the aegis of One Nigeria Movement (ONM) held emergency meetings in Kaduna, Lagos, Enugu and Port Harcourt respectively to accuse the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) of orchestrating a sinister plot to infiltrate and corrupt the operations of Africa’s largest private refinery.
The pan-Nigerian solidarity comes as PENGASSAN’s nationwide strike, declared on September 28, cripples crude and gas supplies to the facility, threatening fuel scarcity and power outages just as the nation edges toward energy self-sufficiency under President Bola Tinubu’s reforms.
The crisis, which has gripped the nation’s oil and gas sector for weeks, erupted when Dangote Refinery dismissed the workers on September 25, citing “repeated acts of sabotage” during an ongoing reorganization to repair a key gasoline unit shut down in late August.
PENGASSAN and NUPENG, which had earlier secured a Memorandum of Understanding (MoU) on September 9 allowing voluntary unionization after NUPENG’s initial strike threat, claim the layoffs were punitive retaliation for over 90% of staff joining their ranks, allegedly replacing Nigerians with over 2,000 Indian expatriates in violation of labor laws and International Labour Organization (ILO) conventions.
Dangote Industries, however, insists the affected employees numbered far fewer than reported and were let go to safeguard operational integrity, emphasizing that over 3,000 Nigerians remain in its workforce and that union membership is a protected individual right, not a prerequisite for employment.
Federal mediation efforts by the Ministry of Labour and Employment stalled on Monday, with talks set to resume today amid fears of broader economic fallout, including halted truck loadings and potential blackouts from thermal plant shutdowns.
In Kaduna, the Arewa Youth Forum decried the unions’ actions as a “deliberate assault on Northern economic aspirations.”
Led by convener Malam Idris Suleiman, the AYF framed the layoffs as a “defensive necessity to block infiltrators intent on reviving subsidy-era corruption in a private enterprise.”
Suleiman accused PENGASSAN and NUPENG of exploiting the MoU to “embed racketeers who siphoned billions from public refineries through ghost contracts,” warning that their strike threatens the refinery’s role in stabilizing the naira and curbing inflation, now below 20% for the first time in years.
“The Arewa Youth Forum unequivocally supports Dangote Refinery’s layoffs to purge saboteurs, safeguarding Northern hopes for economic revival.
“We accuse PENGASSAN and NUPENG of scheming to implant corrupt syndicates into this private enterprise, echoing their subsidy thefts, and urge Attorney General Lateef Fagbemi to launch an EFCC probe into their financial dealings from 2015 to 2025 to expose illicit gains.”
In Ibadan, the Oduduwa Peace Advocates (OPA) endorsed Dangote Refinery’s sackings as a “bold stand against labor-induced corruption.”
The high-level caucus, attended by over 120 Yoruba leaders, condemned PENGASSAN’s strike escalation on Monday, which halted field operations, as an “attack on Yoruba entrepreneurial spirit.”
OPA spokesperson Chief Tunde Afolabi highlighted the refinery’s role in strengthening Lagos-Ibadan trade corridors, now at risk from union-driven fuel shortages that could spike transport costs by 30%.
OPA traced the dispute to deliberate sabotage linked to the August gasoline unit failure, costing $100 million in repairs, and accused unions of using the MoU to “plant cronies mirroring NNPCL’s $20 billion subsidy heists.”
Afolabi praised Bola Tinubu’s deregulation, which has attracted $50 billion in upstream investments, and dismissed PENGASSAN’s claims of anti-Nigerian layoffs as “propaganda to mask their greed,” noting the refinery’s 3,000-strong Nigerian workforce.
The group urged Yoruba youth to rally behind Dangote, framing it as a symbol of regional innovation.
“These unions, silent during fuel queues that crippled Yoruba traders, now feign advocacy to line their pockets,” Afolabi declared.
Meanwhile the Igbo Young Professionals Forum (IYPF) assembled in Enugu for a stakeholder summit, endorsing Dangote Refinery’s layoffs as a “preemptive strike against corruption’s spread into Nigeria’s private sector.”
The forum, drawing tech entrepreneurs and youth leaders, slammed PENGASSAN and NUPENG’s strike as a “ploy to sabotage Igbo economic aspirations” by disrupting fuel supplies vital to Aba’s markets.
IYPF President Chidi Okonkwo tied the refinery’s stability to the potential for 100,000 Eastern jobs, now threatened by union actions risking the Q4 2024 N3.42 trillion trade surplus.
IYPF dissected the unions’ tactics, linking the sackings to sabotage behind the August unit failure and accusing PENGASSAN and NUPENG of exploiting the MoU to “embed agents who thrived on subsidy scams.”
Okonkwo criticized their opaque finances, including unaccounted dues from IOCs, and connected the crisis to PIA-driven gains like 1.4 billion barrels unlocked via field plans.
The group mobilized diaspora networks to pressure global labor bodies, arguing that PENGASSAN’s “prayer vigil” strikes violate voluntary unionization laws.
“Igbo ingenuity thrives on fairness; we stand with Dangote to block saboteurs prioritizing profit over progress,” Okonkwo affirmed, urging federal action.
On its part, the Niger Delta Peace and Development Assembly (NDPDA) convened a critical town hall in Port Harcourt, voicing robust support for Dangote Refinery’s sackings as a “stand against union sabotage threatening the Niger Delta’s economic lifeline.” The gathering, attended by oil community leaders and environmental activists, condemned PENGASSAN and NUPENG’s strike as a “betrayal of the region’s resource control struggle,” risking fuel shortages that could cripple Port Harcourt’s industrial zones.
NDPDA convener Mrs. Ebiere Okorie linked the refinery’s stability to equitable wealth distribution under the PIA, vital for fishing and trading communities.
NDPDA highlighted how the layoffs countered sabotage linked to the August shutdown, accusing unions of exploiting the MoU to “embed corrupt agents who profited from subsidy scams.”
“These unions ignored Niger Delta suffering under fuel scarcity while pocketing illicit gains; now they threaten our hope for self-sufficiency,” Okorie declared.
The assembly urged Niger Delta youth to reject union protests, framing Dangote as a partner in local refining capacity.
“Our region has bled from NNPCL’s failures; we won’t let PENGASSAN turn Dangote into another looting ground,” Okorie asserted, calling for a federal injunction to halt the strike’s “economic terrorism” before mediation resumes.
Business
FORENSIC INVESTIGATION REVEALS FABRICATED X ACCOUNT TARGETING INEC CHAIRMAN – CPS
FORENSIC INVESTIGATION REVEALS FABRICATED X ACCOUNT TARGETING INEC CHAIRMAN – CPS
The Chief Press Secretary (CPS) to the Chairman of the Independent National Electoral Commission (INEC), Mr. Adedayo Oketola, has said that a purported X (formerly Twitter) account attributed to the Commission’s Chairman, Prof. Joash Ojo Amupitan, SAN, is fake and part of a coordinated disinformation campaign.
In a public statement issued on Monday in Abuja, Mr. Oketola disclosed that a comprehensive, multi-layered forensic investigation conducted by independent cybersecurity experts has conclusively established that the INEC Chairman does not operate any personal X account.
He said, “The Independent National Electoral Commission (INEC) , committed to a full forensic investigation, commissioned an independent forensic cybersecurity expert, who conducted a multi-layered forensic and digital investigation using X platform data, internet archive records, OSINT tools, identity forensics and cross-platform analysis.”
Oketola stressed that all posts, replies, and screenshots linking him to the handle @joashamupitan are fraudulent, forensically unverifiable, and technically impossible.
The controversy began on April 10, 2026, when viral social media posts alleged that the Chairman made a partisan comment — “Victory is sure” — in response to another user, supported by screenshots and purported digital records.
However, the CPS said the forensic investigation uncovered clear evidence of fabrication and impersonation, highlighting the following key findings:
· No Digital Linkage: There is no connection between the disputed X account and Prof. Amupitan’s verified email addresses or phone numbers, as multiple recovery and verification attempts failed to establish any link.
· False BVN/OPay Claims: Data used to suggest ownership of the account only confirms identity and does not establish control of any social media handle, making such claims a logical fallacy.
· Timestamp Manipulation: The alleged reply “Victory is sure” was posted 13 minutes before the original tweet it responded to—an occurrence that is technically impossible and definitive proof of fabrication.
· No Historical Record: Searches on the Internet Archive’s Wayback Machine showed zero evidence of the account or its alleged activity prior to April 2026.
· Non-Existence on X Platform: Live checks confirmed that the alleged reply does not exist and has never existed on the platform.
· Account Renaming Pattern: On the same day the screenshots went viral, the account was renamed @sundayvibe00, set to private, and labelled a “parody account,” indicating deliberate impersonation and damage control.
· Coordinated Multi-Platform Impersonation: At least seven fake accounts across Facebook and Instagram using the Chairman’s identity were identified, pointing to a sustained disinformation effort.
“The forensic evidence is comprehensive, multi-sourced, and unambiguous. The posts attributed to Prof. Joash Ojo Amupitan on X are fabricated. The account is a clear case of impersonation,” Mr. Oketola said.
Quoting one of the independent investigators, he described the development as “a coordinated digital impersonation and disinformation campaign,” warning that advances in artificial intelligence had made it easier to fabricate misleading content.
He urged the public to avoid sharing unverified information, noting that “the fact that content goes viral does not make it authentic,” and called on media organisations to prioritise accuracy over speed.
Mr. Oketola said the independent forensic report had been referred to the law enforcement agencies for necessary action. He also appealed to law enforcement agencies to investigate the origin of the fake account and prosecute those responsible under the Cybercrimes (Prohibition, Prevention, etc.) Act.
He said, “Media organisations, in particular, have a duty to apply strict forensic verification standards to social media posts and screenshots before publishing them, especially when such content implicates public officials or carries serious consequences for public trust and institutional credibility. Accuracy, not speed, must guide reporting in matters of this nature.”
He reiterated that all official communications from INEC are disseminated exclusively through its verified platforms, including its website (www.inecnigeria.org), verified X account (@inecnigeria), official Facebook page, online news portal (www.inecnews.com), formal press statements from its headquarters in Abuja, and official media briefings. Any account purporting to represent the INEC Chairman in a personal capacity, he said, should be treated as fraudulent unless formally verified by the Commission.
Business
How FirstBank is investing in Its People and Building Future Leaders
How FirstBank is investing in Its People and Building Future Leaders
For an average 9-5er, having a job isn’t enough. You want a career that grows with you, gives you stability, and opens doors to bigger opportunities. People everywhere are looking for workplaces that don’t just pay salaries but actually invest in their staff, helping them learn, lead, and succeed.
That’s exactly what FirstBank is doing. The Bank is building a future where every employee has the opportunity to grow, lead, and thrive. Through its human capital management and development agenda, FirstBank is creating numerous pathways for staff to transform their careers and become tomorrow’s leaders.
Conversion Programme: Turning Opportunities Into Careers
Needless to say that there is no desire for the 9-5er to remain in a temporary role when they can secure a full-time career. With FirstBank’s Conversion Programme, eligible non-core employees who have served for at least one year can transition into permanent positions. This initiative ensures that hardworking staff are rewarded with stability, growth, and the chance to contribute more meaningfully to the Bank’s success.
Leadership Programmes: Grooming the Next Generation
FirstBank has designed three flagship programmes to identify and nurture high-potential talents:
- FirstBank Management Associate Programme (FMAP): A 24-month fast-track initiative that grooms future middle managers. Upon completion, participants are promoted to Assistant Manager grade, regardless of their previous grade.
- Leadership Acceleration Programme (LAP): Focused on preparing internal middle-management talents for leadership responsibilities, ensuring the Bank’s succession pipeline remains strong.
- Senior Management Development Programme (SMDP): A programme for senior managers who are proven leaders in their functions and critical to the Bank’s succession plan.
These programmes are not just training—they are career accelerators, designed to put staff on the fast lane to leadership.
FirstAcademy: Learning With Global Standards
Backing these initiatives is FirstAcademy, FirstBank’s corporate university, accredited by the Chartered Institute of Bankers of Nigeria (CIBN).
Staff also benefit from partnerships with institutions like Rome Business School and Association of Chartered Certified Accountants (ACCA), gaining access to world-class training—often at discounted rates
A Workplace That Values People
FirstBank’s parent company, First HoldCo PLC, was named second in the Best Workplaces in Financial Services in Nigeria. The Bank remains firmly committed to responsible employment practices, ensuring that all colleagues are treated with dignity, fairness, and respect.
The Future Is Human
With these initiatives, FirstBank is showing that its greatest investment is its people. By empowering staff through various growth opportunities, the Bank is not just building a workforce, it is cultivating leaders who will shape the future of banking in Nigeria and beyond.
Business
FirstBank Partners Ekiti State Government on Launch of Innovation Enterprise Support Fund
FirstBank Partners Ekiti State Government on Launch of Innovation Enterprise Support Fund
Lagos, 10 April 2025 – FirstBank, West Africa’s premier financial institution and the leading financial inclusion service provider, is proud to announce its partnership with the Ekiti State Government in launching the Innovation Enterprise Support Fund, a groundbreaking initiative designed to empower startups, scale tech-enabled businesses, and accelerate innovation-driven economic growth across the state.
The programme provides funding, mentorship, and market access to high-potential enterprises, with a focus on strengthening Ekiti’s innovation ecosystem, creating jobs, and supporting youth, women, and underserved communities. Notably, at least 40 percent of the fund has been reserved for female-led enterprises.
The Innovation Enterprise Support Fund Initiative is structured as a three-phase programme covering ideation, pre-acceleration, and acceleration for about 60 startups. Each enterprise will receive financial support ranging from ₦150,000 to ₦1,200,000, enabling job creation, revenue generation, and market-ready product launches.
Speaking on the partnership, the Managing Director/Chief Executive Officer, FirstBank Group, Olusegun Alebiosu, said “Entrepreneurship and Innovation are two of our core values at FirstBank. We believe MSMEs are enablers of economic growth and for 132 years, we have stood beside Nigerian businesses through every phase of growth, transition and transformation. We have remained committed to building stronger business through improved access to finance and capacity building; we created the SME Connect Platform to serve as a digital hub where Nigerian entrepreneurs find the resources to move from vision to value. We are excited about this partnership, and we see more than startups. We see future industry leaders, employers of labour, and perhaps our next big partners.”
The partnership aligns with FirstBank’s longstanding commitment to financial inclusion, SME development, and youth empowerment, with an emphasis on supporting women entrepreneurs, who represent 35% of Nigeria’s startup cohort.
FirstBank has been a consistent promoter and supporter of the innovation ecosystem and SMEs in Nigeria, providing notable interventions to help them scale their platforms and businesses. The Bank has designed multiple digital platforms for its SME customers to leverage on for business growth and expansion.
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