Business
PAMA Lauds Banks Crucial Roles Towards Achieving Continental Integration

By Ocheneyi Alli
Pan African Manufacturers Association – PAMA, has lauded Afreximbank, AFDB, AFC, and others stakeholders for the energy they are putting towards achieving continental integration and creating the world’s largest Free Trade Area- AfCFTA.
Engr Mansur Ahmed, the Interim Chairman of PAMA, gave the kudos during the relaunch of the Association on the sideline of the ongoing Intra-African Trade Fair (IATF 2023) in Cairo, Egypt.
” Despite facing numerous challenges, significant strides have been made to advance the African Union’s Agenda 2063 since 2013, thanks to the dedication of African leaders, the AUC, and institutions like Afreximbank and the African Development Bank,” said Engr Mansur.
He, however, noted that the road to “The Africa We Want” remains lengthy and arduous, with intra-African trade still below 18 percent, and Africa’s global trade contribution at a mere 4 percent.
He said that to change this narrative, transformation is required across every sector, but one sector stands out as critical for economic growth: manufacturing.
In the modern global economy, manufacturing accounts for around 70 percent of global trade and more than 30 percent of service jobs.
To achieve the goals of Agenda 2063, African manufacturing must undergo a transformation and expansion, which is no easy feat and cannot be left to chance. Both the public and private sectors must make sustained efforts to successfully implement AFCFTA and attain Agenda 2063’s objectives.
The road to “The Africa We Want” remains lengthy and arduous, with intra-African trade still below 18 percent, and Africa’s global trade contribution at a mere 4 percent.
Institutions like Afreximbank, AFDB, AFC, and others are already playing crucial roles in this effort, but it’s essential for the private sector, particularly African manufacturers, to engage actively in fostering the necessary collaborations and partnerships for sector integration, expansion, and diversification.
This is where the Pan-African Manufacturers Association (PAMA) must play a more prominent role in promoting the growth of the African manufacturing sector.
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.
-
International2 days ago
Trump vows to hunts down killers of Charlie Kirk, global leaders react
-
News2 days ago
Tinubu orders FEC committee to crash food prices
-
Business2 days ago
Facebook, Others Pay Nigerian Govt N600bn VAT
-
News1 day ago
Hilda Baci Cooking World’s Largest Pot of Jollof Rice Today at Eko Hotel
-
Business1 day ago
Dangote Refinery Mgt Says Workers Union Membership is Personal Choices
-
News2 days ago
FG plans to build a new Carter Bridge — Umahi
-
News2 days ago
Umahi : FG embarking on underwater tunnel to connect Lagos-Calabar, Sokoto-Badagry highways
-
Politics3 days ago
INEC clears ADC party for 2027 election