Business
Thisday Newspaper, Arise TV Nominate Wike as Minister of the year 2024

Minister of the Federal Capital Territory (FCT), Chief Nyesom Wike, has been nominated as the Thisday Newspaper and Arise Television’s Minister of the Year 2024.
In a letter dated January 14, 2024, signed by Mr Eniola Bello, Managing Director of the Thisday Arise Group, said the FCT Minister emerged as Nominee “from hundreds of candidates chosen by millions of readers of THISDAY Newspaper and viewers of the ARISE NEWS Channel.
“The award ceremony will be held on January 27, 2025, at Eko Hotels, Victoria Island, Lagos.
The letter read; “Many congratulations on your nomination as Minister of the Year! In service to Nigeria, thepeople of Africa and the World.
“THISDAY Awards celebrate excellence in governance, public policy, leadership and entrepreneurship; and we believe your contributions have made you worthy of honour and recognition.
“From hundreds of candidates chosen by millions of readers of THISDAY Newspaper and viewers of the ARISE NEWS Channel, you have emerged as tough and resilient in these trying times.
“It should be noted that since Wike assumed office as the FCT Minister, countless infrastructural developments have been witnessed in Abuja city centre and the satellite towns.
Also, land administration has witnessed tremendous improvements such that land allottees can now get their Certificates of Occupancy (C-of-O) within two weeks after paying.
For instance, as against a total of 8,400 C-of-O Printed and signed between 2010 and 2023, Wike has signed 5,841, leaving less than 3,000 to surpass the C-of-O signed in eight years.

Business
UPDATE: NUPENG Accuses Dangote Refinery of Fuel Sector Monopoly, Warns of Massive Job Losses

The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG), representing Petroleum and Tanker Drivers (PTD), has condemned Dangote Refinery’s decision to deploy 10,000 Compressed Natural Gas (CNG) tankers for petroleum product distribution, calling it a monopoly that threatens the livelihood of thousands of workers in the sector.
NUPENG described the move as anti-labour and harmful to PTD members, highlighting that drivers recruited by Dangote for these operations are reportedly barred from joining any trade union. The union warned this action violates both the 1999 Nigerian Constitution and international labour laws.
Speaking anonymously, some tanker drivers expressed concerns to journalists that unless the Nigerian Midstream and Downstream Petroleum Regulatory Authority intervenes swiftly, the situation could escalate and seriously damage the Nigerian economy, affecting millions of livelihoods.
The tanker drivers outlined several looming risks including:
- Loss of income for tanker owners and their families
- Unemployment for drivers, motor boys, and support staff
- Job losses for truck mechanics, painters, welders, and fabricators
- Decline in business for spare parts dealers, tyre and battery sellers
- Negative impact on depot representatives, artisans, and food vendors
- Financial ruin for transporters who have invested heavily in the sector
They warned that the move could result in millions of job losses, sparking social insecurity, increased poverty, and a surge in unemployment nationwide.
Business
Africa Climate Summit begins in Ethiopia today
The first edition of the summit was held in Nairobi, Kenya, in 2023, where African leaders adopted the Nairobi Declaration — a roadmap for the continent’s green growth and financing agenda.

The second edition of the Africa Climate Summit (ACS2) commenced today in Addis Ababa, Ethiopia
Themed ‘Accelerating Global Climate Solutions: Financing for Africa’s Resilient and Green Development’, the summit is billed for September 8-10, is being attended by world leaders, private Sector delegates, and top United Nations officials; policymakers, climate experts, and civil society.
Inputs from the deliberations will be used to forge a common African position ahead of the COP30 negotiations scheduled for Brazil next year.
Discussions will centre on how Africa can tap its vast renewable energy potential, showcase homegrown technology, attract climate finance, and strike a balance between development priorities and urgent climate action.
The first edition of the summit was held in Nairobi, Kenya, in 2023, where African leaders adopted the Nairobi Declaration — a roadmap for the continent’s green growth and financing agenda.
Business
NUPENG-Dangote Faceoff: PETROAN Backs Union
For PETROAN, don’t forget that the most critical aspect of our operations is our retail outlets staff, and the people who are handling these are in the union.

Billy Gillis-Harry, national president of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) said on Monday: “It’s much better for efficiency that all retail outlets must belong to a union. If not, then you go to a station and buy one litre for maybe N2,000, and then you get to other places and buy for N800, and there will be no sanctions because there is no union for internal control.”
Gillis-Harry, in a public statement while reacting to the the dispute between the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Dangote refinery, said that workers’ rights were being violated, which prompted NUPENG’s decision to declare a “warning strike”.
“It is not that they have gone on strike. But they are giving a warning that the situation can become very tasking and troublesome for Nigerians. So let us all get it solved, and I think it is the right idea,” he said.
“For PETROAN, don’t forget that the most critical aspect of our operations is our retail outlets staff, and the people who are handling these are in the union.
So once the NUPENG strike takes effect, our stations will effectively be locked up.”On September 7, the federal government appealed to NUPENG to suspend its planned nationwide strike, while scheduling a reconciliation meeting for Monday.
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