Business
Why NUPENG and PENGASSAN Must Stop Terrorising Nigerians
Why NUPENG and PENGASSAN Must Stop Terrorising Nigerians
By Kunle Ayo
Recent actions by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in the oil and gas sector reveal a desperate attempt by certain actors to exploit Nigerians’ sensibilities, perpetuating lawlessness, economic sabotage, and threats to national security for the benefit of a few at the expense of the broader population.
It is an affront to Nigerians’ intelligence that NUPENG and PENGASSAN, historically complicit in the deliberate and egregious degeneration of the oil and gas sector, have long acted as enablers of self-interest. These unions have been directly implicated in decades of inflicting untold hardship on ordinary Nigerians through their neglect, complicity, and collaboration with enemies of the state. Their sudden posturing as defenders of workers’ rights—when their actions have contributed to the suffering of millions—is both hypocritical and insulting.
The recent decision by NUPENG and PENGASSAN to embark on strike action aligns with their persistent assault on the foundation of Nigeria’s economy, which President Tinubu’s administration is working tirelessly to revive. This calculated move seeks to drag the nation back to the dark days of fuel scarcity, economic instability, and national embarrassment, orchestrated by a handful of Nigerians and their foreign collaborators, with NUPENG and PENGASSAN as willing participants.
To call their actions detrimental to Nigeria’s social and economic progress is an understatement. The negative impact on social services is immense, as their strikes have led to the shutdown of thermal power plants, threatening to plunge the nation into physical and economic darkness. This cripples economic and social activities, placing millions of households and small businesses at a severe disadvantage.
NUPENG and PENGASSAN have made no secret of their self-serving intentions, prioritizing a culture of impunity, primitive wealth accumulation, monopoly, and destructive behavior over patriotism.
Their actions consistently place personal gain above the needs of the nation and its citizens, undermining Nigeria’s corporate existence, independence, and economic growth.
Under the guise of unionism and workers’ rights, NUPENG and PENGASSAN have chosen to inflict undue hardship on Nigerians, rejecting platforms for constructive dialogue. Their concerns are not genuine but rather mischievous, selfish, and treasonable, opting for self-help tactics that bring untold suffering to citizens and residents instead of pursuing collaborative solutions.
The federal government’s efforts to facilitate peaceful resolutions to these disputes have been rebuffed by NUPENG and PENGASSAN, who instead escalate their campaign to promote economic instability. Blinded by self-interest, they have failed to grasp the broader implications of their actions and refused to work toward solutions that benefit Nigerians.
Nigerians are neither fools nor gullible enough to fall for their deceptive tactics. The unions’ attempt to sell a false narrative about mass layoffs at Dangote Refinery is a fraud, mirroring their own duplicity. Their efforts to mislead Nigerians for selfish ends have failed. These misguided actors, driven by corrupt motives, remain insensitive to the decades of suffering caused by oil subsidy profiteers.
For years, NUPENG and PENGASSAN remained silent during fuel scarcity crises, ignoring the plight of Nigerians who were reduced to economic servitude in one of the world’s richest oil-producing nations. Yet, they now claim to champion workers’ rights at a time when fuel prices are stabilizing, the forex market is steady, the naira is strengthening against the dollar, and inflation is declining. They suddenly find fault when fuel is widely available, governors can pay salaries and pensions, and viable competition thrives in Nigeria’s upstream petroleum sector, attracting foreign investment due to economic stability.
How can any sincere labour union, concerned with the welfare of its members and the nation’s economic viability, remain silent when massive fraud is perpetrated by a few citizens in collaboration with foreign actors? Billions of dollars in Nigerian funds have been laundered under fictitious pretexts by union officials, and the fraudulent fuel subsidy scheme, orchestrated through a corrupt Nigerian National Petroleum Company Limited (NNPCL), has caused immense harm.
Yet, NUPENG and PENGASSAN now claim to fight for workers’ rights with a fabricated narrative.
NUPENG and PENGASSAN should be well aware of labor laws and their applications. They cannot claim ignorance that the Academic Staff Union of Universities (ASUU) does not compel staff of private universities to unionize, nor does the National Union of Road Transport Workers (NURTW) force workers at private transport companies like GUO or God is Good Motors to join its union.
Similarly, the Nigeria Union of Teachers (NUT) does not mandate teachers in private schools to become members. Union membership is an individual’s private and exclusive right, not a mandatory or national obligation. How many times have NUPENG and PENGASSAN gone on strike to address the failures of Nigeria’s refineries despite billions spent, or to end the fuel subsidy scam?
NUPENG and PENGASSAN have no right to interfere in the internal administration of Dangote Refinery or any other private corporate entity. Their consistent role as saboteurs, aimed at derailing national progress, reveals them as stooges of sedition and terrorism. In a foolish attempt to serve their paymasters, they have declared war on the common man, making a mockery of themselves.
How does halting crude oil and gas supplies serve justice if workers are laid off?
Can self-help and blackmail assist affected staff or benefit ordinary Nigerians? Dialogue and legal avenues, not reckless actions, are the appropriate means to resolve disputes. Ironically, the processes NUPENG and PENGASSAN oppose are the very ones that have brought relief, alleviated suffering, and restored hope. These processes have stabilized fuel costs, promoted deregulation, reduced foreign interference in the oil and gas sector, and delivered numerous benefits.
We must echo the voice of Hon. Dr. Philip Agbese, Deputy Spokesperson of the Federal House of Representatives, who rightly declared this affront against Dangote Refinery as an attack on national security, the economy, and the common man. NUPENG and PENGASSAN must cease acting as tools of saboteurs to derail Nigeria’s progress. They must stop making a caricature of themselves, as times have changed, and a new era of accountability has begun.
The Dangote Refinery has come to stay, driving Nigeria’s economic independence and progress through its transformative impact on the oil and gas sector. Nigerians stand united in resolute support of this vital enterprise, rejecting the sabotage of self-serving actors posing as trade unionists. With the people’s backing, Dangote Refinery will prevail against these economic adversaries, securing a future of stability and prosperity.
*Ayo writes from Lagos
Alpha Morgan to Host 19th Economic Review Webinar
In an economy shaped by constant shifts, the edge often belongs to those with the right information.
On Wednesday, February 25, 2026, Alpha Morgan Bank will host the 19th edition of its Economic Review Webinar, a high-level thought leadership session designed to equip businesses, investors, and individuals with timely financial and economic insight.
The session, which will hold live on Zoom at 10:00am WAT and will feature economist Bismarck Rewane, who will examine the key signals influencing Nigeria’s economic direction in 2026, including policy trends, market movements, and global developments shaping the local landscape.
With a consistent track record of delivering clarity in uncertain times, the Alpha Morgan Economic Review continues to provide practical context for decision-making in a dynamic environment.
Registration for the 19th Alpha Morgan Economic Review is free and can be completed via https://bit.ly/registeramerseries19
It is a bi-monthly platform that is open to the public and is held virtually.
Visit www.alphamorganbank to know more.
GTBank Launches Quick Airtime Loan at 2.95%
Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, Africa’s leading financial services group, today announced the launch of Quick Airtime Loan, an innovative digital solution that gives customers instant access to airtime when they run out of call credit and have limited funds in their bank accounts, ensuring customers can stay connected when it matters most.
In today’s always-on world, running out of airtime is more than a minor inconvenience. It can mean missed opportunities, disrupted plans, and lost connections, often at the very moment when funds are tight, and options are limited. Quick Airtime Loan was created to solve this problem, offering customers instant access to airtime on credit, directly from their bank. With Quick Airtime Loan, eligible GTBank customers can access from ₦100 and up to ₦10,000 by dialing *737*90#. Available across all major mobile networks in Nigeria, the service will soon expand to include data loans, further strengthening its proposition as a reliable on-demand platform.
For years, the airtime credit market has been dominated by Telcos, where charges for this service are at 15%. GTBank is now changing the narrative by offering a customer-centric, bank-led digital alternative priced at 2.95%. Built on transparency, convenience and affordability, Quick Airtime Loan has the potential to broaden access to airtime, deliver meaningful cost savings for millions of Nigerians, and redefine how financial services show up in everyday life, not just in banking moments.
Commenting on the product launch, Miriam Olusanya, Managing Director of Guaranty Trust Bank Ltd, said: “Quick Airtime Loan reflects GTBank’s continued focus on delivering digital solutions that are relevant, accessible, and built around real customer needs. The solution underscores the power of a connected financial ecosystem, combining GTBank’s digital reach and lending expertise with the capabilities of HabariPay to deliver a smooth, end-to-end experience. By leveraging unique strengths across the Group, we are able to accelerate innovation, strengthen execution, and deliver a more integrated customer experience across all our service channels.”
Importantly, Quick Airtime Loan highlights GTCO’s evolution as a fully diversified financial services group. Leveraging HabariPay’s Squad, the solution reinforces the Group’s ecosystem proposition by bringing together banking, payment technology, and digital channels to deliver intuitive, one-stop experiences for customers.
With this new product launch, Guaranty Trust Bank is extending its legacy of pioneering digital-first solutions that have redefined customer access to financial services across the industry, building on the proven strength of its widely adopted QuickCredit offering and the convenience of the Bank’s iconic *737# USSD Banking platform.
About Guaranty Trust Bank
Guaranty Trust Bank (GTBank) is the flagship banking franchise of GTCO Plc, a leading financial services group with a strong presence across Africa and the United Kingdom. The Bank is widely recognized for its leadership in digital banking, customer experience, and innovative financial solutions that deliver value to individuals, businesses, and communities.
About HabariPay
HabariPay is the payments fintech subsidiary of GTCO Plc, focused on enabling fast, secure, and accessible digital payments for individuals and businesses. By integrating payments and digital technology, HabariPay supports innovative services that make everyday financial interactions simpler and more seamless.
Enquiries:
GTCO
Group Corporate Communication
[email protected]
+234-1-2715227
www.gtcoplc.com
Business
BUA Group, AD Ports Group and MAIR Group Launch Strategic Plan for World-Class Sugar and Agro-Logistics Hub at Khalifa Port
BUA Group, AD Ports Group and MAIR Group Sign MoU to Explore Collaboration in Sugar Refining, Agro-Industrial Development, and Integrated Global Logistics Solutions
Abu Dhabi, UAE – Monday, 16th February 2026
BUA Group, AD Ports Group, and MAIR Group of Abu Dhabi today signed a strategic Memorandum of Understanding (MoU) to explore collaboration in sugar refining, agro-industrial development, and integrated global logistics solutions. The partnership aims to create a world-class platform that strengthens regional food security, supports industrial diversification, and reinforces Abu Dhabi’s position as a hub for trade and manufacturing.
The proposed collaboration will leverage BUA Group’s industrial and logistics expertise, Khalifa Port’s world-class infrastructure, and AD Ports Group’s operational experience. The initiative aligns with the objectives of the UAE Food Security Strategy 2051, which seeks to position the UAE as a global leader in sustainable food production and resilient supply chains. It also aligns with Nigeria’s food production- and export-oriented agricultural transformation agenda, focused on scaling domestic capacity, strengthening value addition, improving post-harvest logistics, and unlocking new markets for Nigerian produce across the Middle East, Asia, and beyond.
Photo Caption: L-R: Kabiru Rabiu, Group Executive Director, BUA Group; Cpt. Mohammed J. Al Shamisi, MD/Group CEO, AD Ports Group; Saif Al Mazrouei, CEO (Ports Cluster) AD Ports Group; Abdul Samad Rabiu, Founder/Executive Chairman, BUA Group; and Steve Green, Group CFO, MAIR Group
Through structured aggregation, processing, storage, and maritime export channels, the partnership is designed to reduce supply chain inefficiencies, enhance traceability and quality standards, and also create a predictable trade corridor between West Africa and the Gulf.
BUA Group—recognised as one of Africa’s largest and most diversified conglomerates, with major investments across sugar refining, food production, flour milling, cement manufacturing, and infrastructure- brings extensive industrial expertise and large-scale operational capability to the venture. MAIR Group will provide strategic support in developing integrated logistics and agro-industrial solutions, creating a seamless platform for production, storage, and distribution.
Abdul Samad Rabiu, Founder and Chairman of BUA Group, said:
“This MoU marks an important milestone in BUA’s international expansion and reflects our long-term vision of building globally competitive industrial platforms. Together with AD Ports Group and MAIR Group, we aim to develop sustainable food production and logistics solutions that strengthen regional supply chains and support the UAE’s Food Security Strategy 2051.”
He further added that, “This partnership represents not just a commercial arrangement but a strategic food corridor anchored on shared economic ambition, resilient infrastructure, and disciplined execution, reinforcing long-term food security objectives for both nations.”
A representative of MAIR Group added:
“This collaboration underscores our commitment to advancing strategic industries in Abu Dhabi and building integrated solutions that reinforce the UAE’s position as a global hub for trade, food security, and industrial excellence.”
A spokesperson from AD Ports Group commented:
“Our partnership with BUA Group and MAIR Group highlights Khalifa Port’s role as a catalyst for high-impact industrial investments. This initiative will enhance regional food security, strengthen global trade connectivity, and support Abu Dhabi’s economic diversification goals.”
This MoU marks a historic collaboration that combines world-class infrastructure, industrial expertise, and strategic vision, setting the stage for a sustainable and resilient food and logistics ecosystem that will benefit the UAE, the region, and global markets alike.
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