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Nigerian Stock Exchange Market Pick Alerts - Investment (9636) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:19pm On Sep 30, 2025
Exactly!

This is a pointer to the 'battles' Mr Ojulari is currently facing...

emmanuelewumi:
Majority of the leaders of NUPENG at the national level are from NNPC.

Unfortunately they are always against any move by government to make NNPC functional, productive and being able to create wealth .


Very few of NNPC workers can survive in the private sector
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:22pm On Sep 30, 2025
KarlTom:
Exactly!

This is a pointer to the 'battles' Mr Ojulari is currently facing...
Ojulari is from the private sector, they will frustrate him
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 2:24pm On Sep 30, 2025
grin
unite4real:
Units I guess
leo1234:
I million dollars 💸
grin
Re: Nigerian Stock Exchange Market Pick Alerts by handsomebolanle: 2:25pm On Sep 30, 2025
You all also need to read the labour law!!!!

Nigerians are quick to support what doesn’t affect them directly.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:30pm On Sep 30, 2025
Joyful365:
So many egg heads on this thread are praising Dangote. It shows why Nigeria is this sick and lacking development.

There's no single country that has developed where the working class has low purchasing power due to poor wages and poor working conditions.

Unions are there to enforce the right of workers, especially in a capitalist environment fueled by greed and a corrupt, incompetent government.

Nigeria is where it is today because 80% of the working class are underpaid and ill-treated - whether in the private sector or in the public sector.

Don't let the greed of what you stand to gain by purchasing Dangote refinery shares make you turn a blind eye to the bad and greedy behaviour of the capitalist.

Whatever you will gain, whatever wealth you will build, you won't have the security and peace to enjoy it in a society where majority of the working class is living from hand to mouth and engaging in unethical conducts to make ends meet.

There's no hiding place for any of you.

And I like the fact that the west is tightening its visa laws and making it harder for you to run there after supporting nonsense in your country. You will stay back here to enjoy the monster you all create because of greed and shortsightedness.

You heard of the Arise TV lady whose life has been taken in the president's own FCT. Criminals like those who did this act are created because of the hopelessness created by greedy monopolists and capitalists who take advantage of the unemployment situation in a country to underpay workers and make them work under unfavorable conditions.

There's no hiding place for anyone, innocent or not, if you continue to support a society fueled by greed and economic deprivation of majority.

You won't enjoy your wealth in peace. You can not enjoy your wealth in peace in such environment.
Oga, you need to direct your anger to the appropriate quarters.

A government establishment is different from a private entity. How do you want a $25B investment to survive at the whims and caprices of unions? Earning low wages has nothing to do with businesses. It is the responsibility of the government to set minimum wages. If the government fail to do it and the private sector is exploiting it, who is to blame?
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:32pm On Sep 30, 2025
handsomebolanle:
You all also need to read the labour law!!!!

Nigerians are quick to support what doesn’t affect them directly.
Which will be interpreted by the court.


Because the employer said they reorganized the business due to sabotage, leakages, theft and others, that what led to the sack of 800 workers.

But PENGASSAN said they were sacked because they joined the union.


PENGASSAN has the billion of Naira to hire SANs who will challenge the sack.

And Dangote will pay dearly for it
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:34pm On Sep 30, 2025
Joyful365:
So many egg heads on this thread are praising Dangote. It shows why Nigeria is this sick and lacking development.

There's no single country that has developed where the working class has low purchasing power due to poor wages and poor working conditions.

Unions are there to enforce the right of workers, especially in a capitalist environment fueled by greed and a corrupt, incompetent government.

Nigeria is where it is today because 80% of the working class are underpaid and ill-treated - whether in the private sector or in the public sector.

Don't let the greed of what you stand to gain by purchasing Dangote refinery shares make you turn a blind eye to the bad and greedy behaviour of the capitalist.

Whatever you will gain, whatever wealth you will build, you won't have the security and peace to enjoy it in a society where majority of the working class is living from hand to mouth and engaging in unethical conducts to make ends meet.

There's no hiding place for any of you.

And I like the fact that the west is tightening its visa laws and making it harder for you to run there after supporting nonsense in your country. You will stay back here to enjoy the monster you all create because of greed and shortsightedness.

You heard of the Arise TV lady whose life has been taken in the president's own FCT. Criminals like those who did this act are created because of the hopelessness created by greedy monopolists and capitalists who take advantage of the unemployment situation in a country to underpay workers and make them work under unfavorable conditions.

There's no hiding place for anyone, innocent or not, if you continue to support a society fueled by greed and economic deprivation of majority.

You won't enjoy your wealth in peace. You can not enjoy your wealth in peace in such environment.
People are not praising Dangote because we want to buy shares in his refinery or company. That is very narrow and myopic.
Dangote is enjoying support because his refinery has become an important, strategic economic asset for Nigeria and Nigerians.

Also, an employer does not owe employees the right to be employed. If employees do not accept the conditions of the employer, they should not apply for employment in the company or they can resign. No one is being forced to work in any organization.
Unions can only exist because there is a company operating that employs workers. If the company dies, there will be no union.
The Nigerian labour law favours the employer in many aspects hence employees/workers need to be diplomatic in issues like this.

The same PENGASSAN/NUPENG could not resuscitate NNPC refineries for decades, in spite of $billions spent on TAM.
Where were they when NNPC refineries failed to work and the masses were being fleeced with NNPC's higher prices and suffering long queues at filling stations?
Re: Nigerian Stock Exchange Market Pick Alerts by ppogba: 2:35pm On Sep 30, 2025
essentialone:
Please who has a functioning phone number of First Registrars?
I will neither deceive nor discourage you but I hasten to inform you albeit with a heavy heart that you CAN NEVER get a functional phone number of First Registrar.

The same FIRST Registrar that is no longer the registrar for FBNH abi another one?

A search for a number to heaven may likely yield a more fruitful result.

Best of luck!
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:36pm On Sep 30, 2025
ARADEL. +9.82%
CONOIL. ±
ETERNA. +9.95%
OandO. ±
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:36pm On Sep 30, 2025
emmanuelewumi:
Which will be interpreted by the court.


Because the employer said they reorganized the business due to sabotage, leakages, theft and others, that what led to the sack of 800 workers.

But PENGASSAN said they were sacked because they joined the union.


PENGASSAN has the billion of Naira to hire SANs who will challenge the sack.

And Dangote will pay dearly for it
So you think PENGASSAN can decide or impose workers on Dangote refinery if Dangote is truly determined to not employ them? The worst case would be payment of damages and financial entitlements to the affected workers
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:41pm On Sep 30, 2025
mikeapollo:
So you think PENGASSAN can decide or impose workers on Dangote refinery if Dangote is truly determined to not employ them? The worst case would be payment of damages and financial entitlements to the affected workers
Which will be decided by the court.


Have you observed that their is always a SAN on the board of Dangote's companies
Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 2:44pm On Sep 30, 2025
ppogba:
I will neither deceive nor discourage you but I hasten to inform you albeit with a heavy heart that you CAN NEVER get a functional phone number of First Registrar.

The same FIRST Registrar that is no longer the registrar for FBNH abi another one?

A search for a number to heaven may likely yield a more fruitful result.

Best of luck!
You sound like they have shown you shege 😁😁😁
Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 2:45pm On Sep 30, 2025
mikeapollo:
So you think PENGASSAN can decide or impose workers on Dangote refinery if Dangote is truly determined to not employ them? The worst case would be payment of damages and financial entitlements to the affected workers
You didn't get the sarcasm? 😁😁
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:45pm On Sep 30, 2025
I remember many years ago when all Guardian workers went on strike for months.

Late Chief Alex Ibru made up his mind to convert the property at Apapai /Oworonshoki express way to a 3 star hotel or something like that.

E no reach two weeks before the workers give themselves brain
Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 2:46pm On Sep 30, 2025
emmanuelewumi:
I remember many years ago when all Guardian workers went on strike for months.

Late Chief Alex Ibru made up his mind to convert the property at Oshodi /Oworonshoki express way to a 3 star hotel or something like that.

E no reach two weeks before the workers give themselves brain
Hunger is a bastard 😁😁

It will just be falling men ego anyhow.
Re: Nigerian Stock Exchange Market Pick Alerts by bastardson: 2:47pm On Sep 30, 2025
Lofty1000:
Aradel

100k unit block at 615 confirmed
This part of my Morgancapital doesn’t work
Re: Nigerian Stock Exchange Market Pick Alerts by ppogba: 2:47pm On Sep 30, 2025
awesomeJ:
You sound like they have shown you shege 😁😁😁
I have known First Registrars with non functional phone numbers before the turn of the last century.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m):
awesomeJ:
Hunger is a bastard 😁😁

It will just be falling men ego anyhow.
The funniest thing be say while they were on the months long strike the owner still dey travel abroad still dey chop life.


Meaning if the business is not running again, I will still have the good life to enjoy
Re: Nigerian Stock Exchange Market Pick Alerts by awesomeJ(m): 2:52pm On Sep 30, 2025
ppogba:
I have known First Registrars with non functional phone numbers before the turn of the last century.
😁😁😁
Re: Nigerian Stock Exchange Market Pick Alerts by Dum20: 2:54pm On Sep 30, 2025
GeneralDae:
Don’t be rude. If you don’t like my posts, scroll and ignore. There are several political views in the mix on this thread, you are only triggered by mine because it’s contrary to your bias.
So like I said before the anti spam bot banned me, just ignore my post and scroll down.
Apologies if i sounded rude.

But my point is, retreat from the path you are towing because if it is not checked, it will destroy this place. Do not mix business with politics.
We are all here to make money. We share our knowledge, we do not care if you love Tinubu, Buhari, Jonathan, Obi, Atiku, APC, PDP, LP, Christian, Muslim.

If you find anyone bringing polictics into this thread, call them out, we have admins.

We should not enter the gutter with them and do what they are doing.

If you knew StockMarketNigeria.com, it was the best investment website focused on Nigeria ever. But some PDP/APC people came and messed the place up before it was closed down.

We should not allow it to happen here.

I do not care about any politician as they do not care about us. The most important thing is to focus on their policies and how we can benefit from it.

Let wisdom reign.
Re: Nigerian Stock Exchange Market Pick Alerts by handsomebolanle: 2:57pm On Sep 30, 2025
emmanuelewumi:
Which will be interpreted by the court.


Because the employer said they reorganized the business due to sabotage, leakages, theft and others, that what led to the sack of 800 workers.

But PENGASSAN said they were sacked because they joined the union.


PENGASSAN has the billion of Naira to hire SANs who will challenge the sack.

And Dangote will pay dearly for it
Lols.. it’s not always about money.
If Exxon and Total does this-sacking 800, will this still be your response?
Dangote got it wrong when he sacked all of them.

Sir, I give you for free that Dangote will NOT win this.
I will quote you once this is over.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:58pm On Sep 30, 2025
handsomebolanle:
Lols.. it’s not always about money.
If Exxon and Total does this-sacking 800, will this still be your response?
Dangote got it wrong when he sacked all of them.

Sir, I give you for free that Dangote will NOT win this.
I will quote you once this is over.
That is why he should be sued and learn the hard way when asked to pay billions of Naira in damages
Re: Nigerian Stock Exchange Market Pick Alerts by handsomebolanle: 3:00pm On Sep 30, 2025
mikeapollo:
So you think PENGASSAN can decide or impose workers on Dangote refinery if Dangote is truly determined to not employ them? The worst case would be payment of damages and financial entitlements to the affected workers
This is another possible outcome though. He will have to pay heavily.
Then have a workaround on ensuring limiting the right of his employees to join union.
A country were many things are possible.
Re: Nigerian Stock Exchange Market Pick Alerts by sboga: 3:03pm On Sep 30, 2025
DANGREF

you heard it here first.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:06pm On Sep 30, 2025
mikeapollo:
So you think PENGASSAN can decide or impose workers on Dangote refinery if Dangote is truly determined to not employ them? The worst case would be payment of damages and financial entitlements to the affected workers
All these ones we are talking about, are we sure the appointments of the sacked workers have been confirmed.


Most of the workers should be newbies who were trained by the company, he will definitely not want to employ anybody who worked with government owned refineries
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 3:06pm On Sep 30, 2025
ppogba:
I have known First Registrars with non functional phone numbers before the turn of the last century.
This is serious. Why are they so so unorganized?
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:11pm On Sep 30, 2025
handsomebolanle:
This is another possible outcome though. He will have to pay heavily.
Then have a workaround on ensuring limiting the right of his employees to join union.
A country were many things are possible.
Look, no worker wants to lose his/her job because of any union. I am sure many of them would be regretting by now.
Unionism is good, but we have to be careful in this matter because of our unfortunate experience with NNPC refineries and how the masses had suffered queuing for fuel at filling stations for days..

If Dangote insists on sacking the 800 workers, he can do it easily and even heavy damages and compensation for it, just to kill unionism in the refinery for life!
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 3:13pm On Sep 30, 2025
I bet you Nigeria will eventually shoot itself in the foot on this refinery. Our demons are too many.

emmanuelewumi:
On a serious note, they should allow this guy to run the business for 5 years, pay down his debts, list the refinery on NGX and make it a public company.

Then all these union guys can start.

This is a business that is operational just for a year
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 3:14pm On Sep 30, 2025
Mpeace:
I totally agree with you. As long as CGT is not treated as WHT which is taken from source, it's only when the money hits the account that you are taxed, reinvested money/aggregate sale will not be taxed until it hits the account.
If it hits my bank account(withdrawal)as against my broker account and then I change my mind and reinvest the proceeds back into a stock.

Another case is reinvesting dividends that usually hits the account.
Will i still be taxed just because it hit my account?
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 3:15pm On Sep 30, 2025
Everyone is enjoying loots, what is Agba enjoying? grin grin

Agbalowomeri:
grin grin ; D

Enjoy your loot o
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 3:17pm On Sep 30, 2025
On point!
Afterall, their mantra is: injury to one, is injury to all... grin grin

emmanuelewumi:
Don't you think is better for the remaining workers to resign enmasse and teach him a lesson.

I don't like nonsense
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