Business
Dangote Refinery: Disengaged engineers reject redeployment
Dangote Refinery: Disengaged engineers reject redeployment
Several engineers recently disengaged by Dangote Refinery for allegedly joining the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) have expressed outrage over plans to redeploy them to other Dangote Group units, including the sugar and cement plants.
According to The PUNCH, some of the affected workers, who spoke anonymously due to the sensitivity of the issue, accused the company of victimising them for exercising their right to unionise.
However, the Dangote media team denied the allegations on Wednesday, insisting that “there are PENGASSAN members still working in the refinery.”
PENGASSAN had last week shut down oil and gas facilities between Sunday and Tuesday, alleging that 800 refinery workers were fired for volunteering to join the union.
But the Dangote Refinery dismissed the claim, stating that only “a few workers who were sabotaging the facility” were let go as part of a reorganisation process.
The strike by oil and gas workers led to disruptions in production, losses in the petroleum sector, and a drop in power generation. The intervention of the Federal Government eventually restored calm, with the Dangote Group directed to redeploy the affected workers.
Speaking with The PUNCH, the engineers said they had yet to be recalled or redeployed as of Tuesday.
Sources within the Dangote Group confirmed that the company was preparing to redeploy the engineers to its sugar and cement divisions and recruit new engineers to fill the refinery positions a move considered by insiders to be a major operational loss.
It was also gathered that some of the 800 affected workers might be posted to Dangote operations outside Nigeria.
But the engineers rejected the plan, arguing that their employment letters clearly stated that they were hired by the refinery and not the Dangote Group. They described the proposed redeployment as “unfair,” saying it was inappropriate to transfer petrochemical engineers to other industries.
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“It is victimisation. How will you redeploy us from the refinery to sugar or cement plants? It is not fair. Most of us weren’t employed by the Dangote Group; we were employed by Dangote Petroleum Refinery and Petrochemicals. If we were employed by the Dangote Group, we would know that we could be redeployed from one unit to another. This is like victimising us. Some of us are petrochemical engineers; how do you want them to cope? It is affecting some of us psychologically,” they said.
The engineers disclosed that they had been at home since September 25 after receiving letters to stay away from work. They said their attempts to access the refinery were blocked by security agents.
“Currently we are at home; we are not allowed to go into the refinery. The management said they would get back to us as far as the redeployments are done, but we have not heard anything so far. There were times when we tried to enter the refinery, but we were sent back. There are pictures of those incidents,” they said.
They further alleged that Indian nationals were currently the only ones operating the refinery.
“At the moment, only Indians are running the refinery. All Nigerian engineers were sacked because we joined PENGASSAN,“ they alleged.
The refinery had earlier refuted this claim, saying, “Over 3,000 Nigerians continue to work actively in our petroleum refinery at present. Only a very small number of staff were affected, as we continue to recruit Nigerian talent through our various graduate trainee programmes and experienced hire recruitment process.”
The engineers also said their decision to join PENGASSAN stemmed from poor remuneration, revealing that their monthly pay was about ₦400,000 before deductions.
“We wouldn’t have joined PENGASSAN if we were well paid. Our salary is around ₦400,000, and after deductions, it falls below that.
“We didn’t plan to join PENGASSAN; the management announced it themselves that workers were free to unionise. We joined PENGASSAN, and it became an issue,” they said.
They dismissed the allegation of sabotage, insisting that they were loyal to the success of the $20 billion refinery project.
“We cannot sabotage the refinery. We love the refinery. Some of us built it from the beginning. How can we sabotage what we built? It is not possible. We’ve been very committed, and we were doing everything to ensure the success of the plant for the good of all Nigerians.
“As it is, we are all waiting for our posting letters. There’s nothing we can do now because the issue has become a national issue. The presidency is now involved. But we are not guilty of anything. Our only ‘crime’ is that we joined PENGASSAN,” they said.
The Dangote Group has again denied the allegations made by the affected engineers, insisting they were dismissed for acts of sabotage and not for joining PENGASSAN.
A senior official of the company said, “Those guys were sacked because of their acts of sabotage. Nobody is victimising them. Their September salary has been paid. Can we call that victimisation? They were not sacked for joining PENGASSAN. We have PENGASSAN members still working with us.
“They should also know that all of us in Dangote can be moved to anywhere within the company. You can be moved from cement to refinery, sugar, salt or fertiliser. That is the business. Many of us have been moved in the past,” the official said.
He also dismissed claims that engineers earned below ₦400,000 monthly, calling it “an outright falsehood.”
“The claim of a ₦400,000 monthly salary is an outright falsehood; it is far more than that,” he emphasised.
The Dangote Refinery has faced multiple labour and industry disputes in recent weeks.
It first came under fire from the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), who accused the refinery of “monopolistic practices and unfair pricing” after slashing petrol prices.
NUPENG also clashed with the refinery over workers’ rights, alleging that Dangote prevented tanker drivers from joining unions. The association subsequently shut down the refinery and fuel depots despite a government-brokered truce.
The situation worsened when PENGASSAN joined the fray, condemning the alleged mass dismissal of hundreds of workers. The union ordered members to halt crude and gas supplies nationwide, triggering fuel shortages and production losses.
Although government intervention calmed the crisis, stakeholders are awaiting the full implementation of the resolutions reached during the conciliation meeting.
Dangote Refinery: Disengaged engineers reject redeployment
(Punch)
Business
Imo Economic Summit: Aliko Dangote Vows to Become State’s Largest Investor
Imo Economic Summit: Aliko Dangote Vows to Become State’s Largest Investor
OWERRI — Africa’s richest man, Aliko Dangote, has assured Imo State Governor Hope Uzodimma that the Dangote Group is prepared to become one of the biggest investors in Imo State, reaffirming the conglomerate’s commitment to expanding its footprint in Nigeria.
Speaking on Thursday during the opening session of the Imo Economic Summit 2025, Dangote called on the state government to specify key sectors requiring investment, promising immediate action once directives are given.
Dangote, who described Governor Uzodimma as a long-time friend, commended him for fostering an enabling environment for business and economic growth in the state.
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“We will be one of your biggest investors in Imo. So please tell me the area to invest and we will invest,” he said.
The African industrialist also encouraged Nigerian entrepreneurs to focus on developing their home regions, stressing that sustainable economic growth cannot depend on foreign capital alone.
“What attracts foreign investors is a domestic investor. Africa has about 30 percent of the world’s minerals. We are blessed,” he noted.
Dangote further highlighted progress at the Dangote Refinery, announcing that the facility is on track to achieve a 1.4 million barrels-per-day production capacity, making it the largest single-train refinery in the world.
The assurance marks a significant boost for Imo State’s investment outlook as the government continues efforts to strengthen its economy and attract large-scale private sector participation.
Imo Economic Summit: Aliko Dangote Vows to Become State’s Largest Investor
Auto
Court of Appeal Affirms Ruling Barring VIO from Seizing Vehicles or Fining Motorists
Court of Appeal Affirms Ruling Barring VIO from Seizing Vehicles or Fining Motorists
The Court of Appeal, Abuja, on Thursday, upheld a previous Federal High Court judgment prohibiting the Vehicle Inspection Officers (VIO) and the Directorate of Road Traffic Services (DRTS) from confiscating vehicles or imposing fines on motorists without lawful authority.
A three-member panel of appellate justices, led by Justice Oyejoju Oyewumi, dismissed the appeal filed by the VIO, describing it as lacking merit and affirming the October 16, 2024 ruling of the high court.
The original suit, marked FHC/ABJ/CS/1695/2023, was filed by public interest lawyer Abubakar Marshal, who alleged that he was unlawfully stopped and had his vehicle confiscated by VIO officials at Jabi District, Abuja, on December 12, 2023. He contended that the action was a violation of his fundamental rights.
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Justice Nkeonye Maha of the Federal High Court had declared that no law empowers the VIO to stop, seize, impound, or fine motorists, and granted a perpetual injunction restraining the agency and its agents from further violating citizens’ freedom of movement, presumption of innocence, and right to own property.
The court held that only a court of competent jurisdiction can impose fines or sanctions on motorists. It further ruled that the actions of the Respondents violated Section 42 of the 1999 Constitution and relevant articles of the African Charter on Human and Peoples’ Rights.
Although the applicant had sought N500 million in damages and a public apology, the court awarded him N2.5 million. Respondents included the Director of the Directorate of Road Traffic Services, the Abuja Area Commander, the team leader, and the Minister of the Federal Capital Territory.
The appellate court’s decision confirms that the VIO and DRTS cannot legally harass motorists, reinforcing citizens’ constitutional rights on the road.
Court of Appeal Affirms Ruling Barring VIO from Seizing Vehicles or Fining Motorists
Business
BREAKING: CBN Removes Cash Deposit Limits, Raises Weekly Withdrawal
BREAKING: CBN Removes Cash Deposit Limits, Raises Weekly Withdrawal
The Central Bank of Nigeria (CBN) has announced sweeping changes to its cash-handling regulations, removing all limits on cash deposits and increasing the weekly cash withdrawal limit across all channels to N500,000, up from N100,000.
The changes were detailed in a circular titled “Revised Cash-Related Policies,” issued to all banks and signed by Dr. Rita Sike, Director of the Financial Policy & Regulation Department.
According to the apex bank, the revised framework is part of ongoing efforts to reduce the rising cost of cash management, strengthen security, and address money laundering concerns linked to Nigeria’s heavy dependence on cash transactions. The CBN noted that previous cash-related policies were introduced to discourage excessive cash usage and promote electronic payment systems, but evolving realities necessitated an update.
Effective January 1, 2026, several major adjustments will take effect. The cash deposit limit has been completely removed, and charges on excess deposits have been scrapped. Weekly withdrawal limits have also been increased to N500,000 for individuals and N5 million for corporate entities, with withdrawals beyond these levels attracting prescribed excess charges.
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The special monthly authorisation, which previously allowed individuals to withdraw N5 million and corporates N10 million once a month, has been discontinued.
For ATM withdrawals, the daily limit remains N100,000 per customer, with a maximum of N500,000 weekly, forming part of the overall withdrawal limit applicable to all channels, including POS transactions.
Excess withdrawals above approved thresholds will attract fees of 3% for individuals and 5% for corporate customers, shared between the CBN and the operating bank in a 40:60 ratio.
Banks have also been instructed to load all currency denominations in ATMs. The cap on over-the-counter encashment of third-party cheques remains fixed at N100,000, and such payments will count toward the cumulative weekly withdrawal limit.
Furthermore, financial institutions are required to submit monthly compliance reports to supervisory departments, including the Banking Supervision Department, Other Financial Institutions Supervision Department, and Payments System Supervision Department.
The circular clarified that revenue-generating accounts of federal, state, and local governments, as well as accounts held by microfinance and primary mortgage banks, are exempt from the new rules. However, long-standing exemptions previously granted to embassies, diplomatic missions, and aid-donor agencies have now been removed.
BREAKING; CBN Removes Cash Deposit Limits, Raises Weekly Withdrawal
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