Category: Nigerian Tribune

A coalition of civil society organisations has applauded the ruling of the National Industrial Court in Abuja halting the planned strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) against the Dangote Refinery.

The group, operating under the aegis of the Coalition for the Defence of Economic Rights (CODER), described the interim order as ‘a victory for the rule of law and economic stability.’

In a statement issued after an emergency meeting on Monday night and signed by its president, Comrade Babajide Oresanya, CODER urged all parties to respect the court’s decision and allow due process to take its course.

‘We hail the decision of the court under Justice Emmanuel Sublim to stop the strike and preserve the integrity of our economy,’ Oresanya said.

He added that the planned action, if it had gone ahead, could have disrupted operations at the Dangote Refinery and inflicted serious damage on the livelihoods of ordinary Nigerians.

‘The judiciary has once again risen to the occasion by protecting both the rule of law and the national interest,’ he said.

The coalition further cautioned that industrial unions must avoid actions capable of undermining national development or the survival of critical infrastructure.

‘While we recognise and respect the constitutional right of workers to organise and press their demands, such rights must be exercised responsibly and within the bounds of the law. The refinery is not just a private enterprise; it is a strategic national asset with implications for energy security, job creation, and the wider economy,’ CODER stated.

Oresanya urged PENGASSAN to retrace its steps and embrace constructive dialogue rather than confrontation.

He also commended the federal government for responding swiftly by meeting with PENGASSAN and regulatory agencies such as the Nigerian National Petroleum Company (NNPC) Limited, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), while urging stakeholders to abide strictly by the interim order of the court.

‘The court has spoken. Any attempt to flout this order would amount to contempt and could further escalate the situation. Nigerians are watching, and what the country needs at this moment is stability, not conflict. Respect for the judiciary is non-negotiable,’ Oresanya stressed.

The coalition also expressed concern that the controversy surrounding PENGASSAN’s allegations against the refinery could distract from the broader national goal of energy sufficiency.

‘Independent investigations and facts available to us show that the Dangote Refinery has been a net creator of jobs, both directly and indirectly. Rather than making unsubstantiated allegations, the union should channel energy into ensuring that the refinery delivers optimally and contributes to reducing Nigeria’s dependence on imported petroleum products,’ CODER noted.

CODER concluded by calling on Nigerians to remain calm and trust in the judicial process.

‘The interim order is only the first step. The substantive matter will be heard on October 13, and we are confident that the court will dispense justice in line with the facts presented. What is most important now is that all parties submit to the authority of the court and allow reason to prevail,’ Oresanya added.

Earlier on Monday, the National Industrial Court had restrained PENGASSAN from proceeding with its nationwide strike after counsel to the Dangote Refinery, George Ibrahim, filed an ex-parte application.

Justice Sublim ruled that the strike could cause irreparable harm to the economy and ordered all parties to maintain the status quo until the substantive case is heard.

Popular comedian and talk show host, Teju Oyelakin, popularly known as Teju Babyface, has advised men against confessing to their wives or partners if they cheat, warning that such admissions only cause more harm than good.

In a YouTube video shared on Monday, Teju described confessing infidelity as one of the ‘most catastrophic and damaging’ things a person can do in a marriage.

‘If you cheat on your wife or your husband, but especially your wife – especially men – if you cheat on your wife, don’t tell her. Don’t confess. Do not ever do it,’ he said.

‘It is one of the most catastrophic and damaging things you can ever do in your life.’

The comedian said many people misinterpret the idea of confession, noting that while some quote the Bible to justify it, confession of sin is meant for God and not for humans.

‘People will even quote the Bible to support the idea of confession. They will say that if we confess and repent, then our sins are forgiven,’ he said.

‘Excuse me, that is to God and from God, not to man. It is confession to God, not to man. Do not do it.’

He added that people who confess after cheating often deceive themselves into thinking they are being honest, when in reality they are being manipulative.

‘You are not being honest; you are being manipulative. What you’re really doing is shedding the weight of your guilt, not helping your spouse. You’re looking for someone else to carry the burden of your wrongdoing,’ he explained.

Sharing a personal experience, Teju admitted that before marriage, he once cheated in a serious relationship and confessed, a decision he now regrets. He said the confession was not driven by honesty but by a subconscious desire to sabotage the relationship.

‘I can see clearly now that I confessed because I wanted out of the relationship,’ he said.

‘If I cheated and then confessed, and she left by herself, I could justify it to myself. That was not honesty – that was cowardice.’

He argued that confessions rarely heal relationships but instead deepen wounds and permanently alter trust.

‘There is no benefit to your spouse when you confess. All the benefits are yours. What you give them is pain, heartache, and misery,’ he stated.

According to him, some marriages never recover from the damage caused by such revelations.

‘I have a friend who cheated on his wife 15 years ago, confessed in their first year of marriage, and to this day she still holds it over his head. He’s still suffering from that confession,’ he shared.

Teju stressed that true repentance should involve a change of behaviour, not confession, urging men to stop cheating rather than seek emotional relief by telling their wives.

‘If you feel bad about cheating, stop cheating. If you still feel guilty, confess to God or a counsellor, not your wife. Don’t ever put that weight on her. That’s not honesty; that’s cruelty,’ he said.

He also distinguished between a man who makes a mistake and one who is a habitual cheater.

‘The fact that you cheated once doesn’t make you a cheater,’ he noted.

‘A cheater is someone who does it repeatedly. But if you stumbled once, learn from it and change your actions, don’t destroy your home in the name of confession.’

The Nigerian Exchange (NGX) sustained its bullish momentum for the fourth straight session on Tuesday, with the benchmark All-Share Index (ASI) rising 0.23 per cent to close at 142,710.48 basis points.

This lifted the year-to-date return to 38.65 per cent from 38.33 per cent in the previous session, while market capitalisation advanced by N465.88 billion to settle at N90.58 trillion.

The positive outing was largely driven by strong demand in heavyweights such as Transcorp, up 8.48 per cent, Fidelity Bank, up 5.26 per cent, and Aradel Holdings, up 9.82 per cent.

Their gains outweighed profit-taking in top-tier banking stocks, including United Bank for Africa, down 2.70 per cent, Access Holdings, down 0.19 per cent, Zenith Bank, down 0.86 per cent, and Guaranty Trust Holding Company, down 0.11 per cent.

Sectoral performance closed on a mixed note. Oil and Gas gained 3.14 per cent, Industrial Goods rose 1.48 per cent, and Banking advanced 0.34 per cent. On the other hand, Insurance lost 3.77 per cent, while Consumer Goods fell 0.77 per cent, reflecting selective investor positioning across sectors.

Trading activity strengthened significantly, with transaction volume and value soaring by 223.09 per cent and 156.72 per cent, respectively. Fidelity Bank dominated the session, accounting for 793.04 million units valued at N15.88 billion, underscoring strong investor appetite in the mid-tier lender.

Despite the gains, market breadth closed negative, with 28 advancers against 31 decliners. UPDC, which gained 9.98 per cent, led the gainers’ chart, while Union Dicon, which fell 10 per cent, topped the laggards. Several other stocks closed flat.

Analysts note that the sustained bullish run in the market reflects resilient investor sentiment, particularly in energy and select banking names, despite profit-taking pressures in blue-chip lenders.

Market watchers expect momentum to remain largely driven by bargain-hunting and portfolio rebalancing as the quarter closes.