Business
Key Highlights of the NME & NIRAM Expo, 2023 Deal Flow

▪︎MAN President, Otunba Francis Meshioye visit an exhibition stand at MANEXPO recently (File photo).
” Whether you are an investor, seeking promising ventures, a manufacturer looking to expand your horizons, or an industry professional seeking valuable insights, the Nigeria Manufacturing and Equipment Expo (NME Expo) & the Nigeria Raw Materials Exposition (NIRAM Expo) promises to be a fertile ground for deal flow and collaborations.”
Segun Ajayi-Kadir, the Director-General of Manufacturers Association of Nigeria- MAN, said in a statement five days to the exhibition holding at the Convention Centre, Federal Palace Hotel, in Lagos, Nigeria, from 21st – 23rd November 2023.
He said that manufacturers, investors, industry leaders and stakeholders from across the continent will converge at this prestigious event to explore and harness the potential of the manufacturing sector.
This year’s edition with the theme ‘Future Manufacturing: Building a Sustainable Roadmap to the Industrialization of Nigeria” emphasis on “Deal Flow” as being the key to Manufacturing and industry growth” as the central focus, aiming to facilitate meaningful partnerships, investments, trade opportunities and collaborations that drive innovation and growth.
Key Highlights of the NME & NIRAM Expo, 2023 Deal Flow
Focus:
● Investor Meet-ups: The event will host exclusive sessions where investors can connect with promising manufacturing enterprises looking to expand, innovate, or secure funding;
● B2B Connect: A dedicated platform will enable participants to pre-schedule meetings with potential partners, ensuring valuable face-to-face interactions;
● Industry Insights: Renowned manufacturing experts and leaders of thought will share insights on emerging manufacturing trends, investment strategies and market opportunities;
● Exhibition Zone: The exhibition area will feature a curated selection of cutting-edge manufacturing technologies, solutions and investment-ready projects; and
● Networking Opportunities: Participants will engage in high-level networking with industry players, government officials and representatives from international trade missions.
The Expo shall be a catalyst to facilitate deal flow which creates a significant opportunity for manufacturing companies to learn, meet new potential clients, engage with one another to find out how to deal with manufacturing challenges and ultimately grow their manufacturing businesses.
In addition, the event further supports the development of Intra-Africa trade with many African countries being represented.
Bunmi Aliyu, Managing Director, Leoht Africa, added that the potential impact of the event would be felt for many more months after, as manufacturing companies further unpack the leads and contacts they would derive from the event, thus creating potential opportunities for engagements and business interactions.
Business
UPDATE: Dangote Refinery Cuts Fuel Prices, Updates Petrol Supply

Dangote Refinery has announced a nationwide petrol price cut, ahead of the launch of its direct fuel distribution initiative now set for Monday, September 15, 2025.
Originally scheduled for August 15, the initiative will see the $20 billion, 650,000 bpd refinery deliver petrol and diesel directly to consumers using 4,000 CNG trucks, with zero logistics cost.
Despite an ongoing dispute with NUPENG, Dangote Group released a fresh price template on its X account, confirming its gantry price remains N820 per litre.
Retail prices have dropped to N841 per litre in Lagos and the South-West (from N860), and N851 per litre in Abuja, South-South, and North Central states (from N885)—a reduction of N19 to N34 per litre, depending on the location.
The new prices apply only to MRS and Dangote’s official distribution partners, as independent marketers are not bound by the template.
Meanwhile, NUPENG has threatened a fresh strike, accusing Dangote of reneging on earlier agreements—a claim the company denies, affirming workers’ right to union membership.
Business
Dangote Refinery Mgt Says Workers Union Membership is Personal Choices
It urged NUPENG to focus on resolving its internal dispute with the Petrol Tanker Drivers unit rather than “embroiling the refinery in its conflicts.

Dangote Petroleum Refinery has said membership of trade unions by its employees remains voluntary and not compulsory, in line with the Nigerian Constitution and International Labour Organisation conventions.
In a statement made available to Ohibaba.com, the company accused what it described as “distortions of facts” by the Nigeria Union of Petroleum and Natural Gas Workers concerning its trade relations with workers.
The refinery stressed that it does not interfere with or restrict employees’ right to freely join legally recognised unions.
“It is therefore misplaced to attribute responsibility to Dangote Petroleum Refinery for the personal choices made by drivers regarding union affiliation,” the company stated.
Dangote dismissed allegations that it forced drivers to sign contracts barring union membership, describing the claim as unfounded.
It urged NUPENG to focus on resolving its internal dispute with the Petrol Tanker Drivers unit rather than “embroiling the refinery in its conflicts.
”The company added that accusations of union suppression formed part of a broader attempt to undermine private sector progress.
Business
NUPENG Dangote Union Memberships Agreement Collapses: What Happened Again?
Akporeha alleged that within 48 hours, Dantata ordered drivers to strip NUPENG stickers from their vehicles and forcefully enter the refinery in violation of union loading procedures.

The agreement between the Nigerian Union of Petroleum and Natural Gas Workers and the Dangote Petroleum Refinery has collapsed, and here’s why.
The confrontation follows allegations by NUPENG that the Dangote Group reneged on a Memorandum of Understanding signed earlier this week, under which the refinery agreed to allow tanker drivers and other workers to freely unionise.
On Thursday, NUPENG’s National President, Williams Akporeha, accused Sayyu Aliu Dantata, a cousin of Aliko Dangote and key player in the refinery’s trucking operations, of defying the resolution reached on September 9 at the Department of State Services headquarters in Abuja.
The meeting, mediated by the Minister of Labour and Employment, Muhammadu Dingyadi, affirmed the rights of Petroleum Tanker Drivers under NUPENG to unionise. Representatives of the Nigeria Labour Congress, Trade Union Congress, DSS, and other agencies witnessed the signing of the MoU.
But Akporeha alleged that within 48 hours, Dantata ordered drivers to strip NUPENG stickers from their vehicles and forcefully enter the refinery in violation of union loading procedures.
“Alhaji Sayyu Aliu Dantata flew over them several times with his helicopter and then called the navy of the Federal Republic to come over ostensibly to crush the union officials. Our members are waiting for him and his agents to run them over,” Akporeha said in a statement.
The union condemned what it described as Dantata’s “impunity” and warned the Federal Government not to allow security agencies funded by taxpayers to be used against workers.
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