January 26, 2026

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Economy

Court Halts NUPENG Strike, Shields Dangote Refinery from Shutdown

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The National Industrial Court has issued an interim order restraining NUPENG and truck drivers from disrupting operations at Dangote Refinery. The ruling follows growing tensions over workers’ rights and allegations of anti-labour practices. Justice E.D. Subilim said irreparable harm could occur if refinery activities were crippled, a decision welcomed by Dangote’s legal team....

Dangote Declares End to Nigeria’s 50-Year Battle with Fuel Queues

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Aliko Dangote says Nigeria’s five-decade struggle with petrol scarcity has ended following one year of operations at his 650,000-bpd refinery. At an anniversary briefing, he said pump prices had dropped to ₦841 per litre, while 4,000 new CNG trucks will cut costs and create 24,000 jobs. Dangote vowed to expand capacity to 700,000 barrels daily....

Delta Fuel Shutdown: IPMAN and NUPENG Enforce Strike, ₦1m Fine for Defaulters

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Delta State faces fresh fuel scarcity as IPMAN and NUPENG begin an indefinite strike, shutting all filling stations and imposing a ₦1 million fine on any operator who defies the order. The action, tied to nationwide labour unrest, is expected to ripple across the South-South region....

TUC Ultimatum: Withdraw 5% Petroleum Tax or Face Nationwide Strike

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The Trade Union Congress has rejected the Federal Government’s planned 5% tax on petroleum products, warning it will cripple businesses and push millions deeper into poverty. TUC gave the government an ultimatum: withdraw the policy or face a nationwide strike that could paralyse the economy...

Fuel Crisis Looms as NUPENG vs Dangote Standoff Escalates

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Nigeria faces a looming fuel crisis as NUPENG begins shutdowns, clashing with Dangote Refinery over distribution reforms. Petrol stations in Sokoto have already been closed, while the refinery denies reports of a shutdown and rival transporters back its new scheme. The federal government has rushed to mediate, but uncertainty grips commuters and businesses....

APC, Opposition Clash Over Tinubu’s Claim on Revenue Growth and Borrowing

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The All Progressives Congress (APC) and opposition parties clashed over President Bola Tinubu’s claim that Nigeria has already met its 2025 revenue target and stopped local borrowing. While the APC hailed reforms as a success, the ADC, Labour Party, NNPP, and CUPP accused the President of celebrating figures that have no impact on citizens suffering under inflation, food crises, and a weak naira....

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