₦airaland Forum

Even though Japaul is yet to commence gold productions,
This gold rally will hit the stock price.
Any announcement about acquisition of mining companies and gold refining companies will set the stock on fire.

Make we digest this as we wait for rally in Japaulgold plc.

Gold hits $3,900 after 50% year-to-date rally - Nairametrics https://nairametrics.com/2025/10/06/gold-hits-3900-after-50-year-to-date-rally/

KarlTom:
VFD

Badt guy

So you notice am too

Investors sentiments on Japaul is high now especially the current price rally in Gold.

Japaulgold has gold reserves that worths billions of naira.
Watch those who are currently mopping the the stock lately.
Don't sleep on this one because we go see Xmas ram and rice chop for here.

Japaulgold is a must breakout stock.
October -December is looking very sweet for Japaulians

Is there any reason you are looking for other options asides Bamboo?

bjtinz:
Hello everyone, pls I need recommendations on a good responsive stock trading apart from bamboo. With live trading Thanks

Streetinvestor2:
So na loco call out chams..I guess it is him pushing..lol

Loco called CHAMS, but he sold out all his holdings already. He doesn’t believe in the long term prospects of the company.

What I have so far
Wema as at end of 3rd quarter are at 150bn in profit before tax
Vitafoam, as at last I heard had made around 17-18bn in profit before tax, they will likely pay dividend and bonus issue of 1 for 5.
GTCO from their H1 call they’re targeting 60% payout ratio which translates to around N13-14 dividend but from an insider CBN might moderate that to around 8-9 which means around 9-10 for FY
NFA

Xidget:
Yes na. Make we take position

Locotrader:
Investors sentiments on Japaul is high now especially the current price rally in Gold.

Japaulgold has gold reserves that worths billions of naira.
Watch those who are currently mopping the the stock lately.
Don't sleep on this one because we go see Xmas ram and rice chop for here.

Japaulgold is a must breakout stock.
October -December is looking very sweet for Japaulians

Japaul should go and learn work from Ellah. Chuka engaged the public through arise tv and x / twitter space.. regularly releases positive info. Deafening silence from Japaul.. not good

ositadima1:
I told you about GTCO, the emotional sellers were busy doing their thing. One of them even claimed that the market maker specializing in GTCO is the one pushing the price up recently. The kind of nonsense you read here sometimes is just amazing.

Mr. Market himself.

Sell everything you have and buy GTCO.

KarlTom:
@megawealth01

Told ya PZ will hover around ₦40.

No doubt. 👍

Will sterling bank rise to 30ngn?

megawealth01:
They should bring it down to my bargain junction

Below 550 won't be bad

I need to add more.

yMcy56:
The likelihood that it will touch and cross it is there.
**Note: Not saying this week or not o**

It was the huge cross deals of more than N10bn that dropped the price, they might come to move back up.

Stock that people will still rush at 1500.

Ginalex:
PZ full bid no dey ever exceed 1day

This last one was for 2 days.

Your profit margin on PZ should be close to 30%.

Sunrisepebble:
What I have so far
Wema as at end of 3rd quarter are at 150bn in profit before tax
Vitafoam, as at last I heard had made around 17-18bn in profit before tax, they will likely pay dividend and bonus issue of 1 for 5.
GTCO from their H1 call they’re targeting 60% payout ratio which translates to around N13-14 dividend but from an insider CBN might moderate that to around 8-9 which means around 9-10 for FY

.

Locotrader:
Though Japaul rose from 50kobo to 2+ on our call but Loco insists there is another 100-200% upside.
Keep calm and wait for it.

As it is happening in chams after a long period of waiting,so shall you witness the second rise of Japaul .A powerful one above chams......

Thank you sir 🙏

leo1234:
This last one was for 2 days.

Your profit margin on PZ should be close to 30%.

dropped to 33.5%. My Wacc is 30.10

Ginalex:
dropped to 33.5%. My Wacc is 30.10

And you are still complaining


You are already used to 100% ROI in most of your stock.

You are doing great 👍

leo1234:
My stock pick for the week:


VFD

VFD on the beat 😎

Let's see how it goes.

I carried my kaya commot after making 20%. Thought the Q1 results rally is over. Will reenter lower before Q2 results in December. That is if the fear of CGT doesn't catch the market. (not an advice)

Ginalex:
dropped to 33.5%. My Wacc is 30.10

Payunsin:
Nobody Dey talk about Loco Chams oooo.
Thanks to God n Loco persistence then ooo.
I don add this to locos collection again ooo.
Honestly I ve never made loss from any of locos
reccommendations

Imagine millions of units of right issue I bought still Dey ooo.

Some people will start buying Chams now n if they get there fingers burnt they will start shouting loco up n down forgetting he reccconended it around N1.70k
Ci leasing
Royal
Tip
Npfk
Japaul
Prestige
Na these I fit remember now ooo, all na hit.
Thanks oga loco which one make we Ganusi again

You no mention CHAMPION 🏆

Dat oga get EYES but lack PATIENCE.

Any which way LOCO Na ODOGWU

https://podcasts.apple.com/us/podcast/greenticker-ngx-daily-october-7-2025/id1810406988?i=1000730653244

Here's a summary of today's trading session on the NGX.

https://www.youtube.com/watch?v=NsmyKqDVH0M

Here's a summary of today's trading session on the NGX.

chimex38:
.
I agree. If that 400k is the gross, it's kind of poor considering the industry at least.
But it's still too early to criticize Dangote and the refinery. They are still at the nascent stage of life, like a baby.

When the refinery stabilizes in 5yrs+. or probably listed on Ngx by then, we can now look at the stable revenue and fight for the staff who aren't even complaining at the moment.

In DIL other companies, there hasn't been a systemic complain of poor pay package and allowances. Even if poor, they are usually more than the Nigerian average.

record has shown he pays more than Nigerian standard.
He pays truck drivers 3X average, at least we know as much.
Why must he be compared to the IOCs pay at this inception stage? Give DR the benefit of doubt, he has earned it at least.


He's buying crude with naira, less than contractual capacity is supplied, spending more to upscale the capacity to 650k or 700k barrels, still buying crude with forex from same IOCs depot overseas at much higher cost. He's still spending from his pockets. Practical learning on the job and understanding other nuances of the business. Banks and other lenders are probably waiting for default to pounce on.

How many startups pay huge salaries and allowances on first 2yrs of operations?
Let him scale first within 3-5yrs and stabilise with NNPCL constant supply(if possible sef).

DR is just starting up. There are so many moving parts to take care of.
lts survival to pay up it's debt is as important as its importance to Nigerian masses at this stage.
If he has had a heart-to-heart discussion with the said staff as human relations ought to from time to time, I believe they would have keyed in to the future prospects without complain just like most other startups do.

Laptop boys
You call People who have been longer than you on this thread laptop boys?
Even much more rich posts and comments than you and I?
Some 've been on the thread alone longer than your moniker has been on the entire Nairaland.

Probably, I would have answered some of your qtns, but I don't think you should ask straight forward questions demanding a willing and non-obligatory answer and use block option as a threat.

Abeg Sir/Ma do as you wish.
emotions are part of life.

I'm responding to you because you have elucidated your points to some extent, unlike some here who comment like they have either sold their souls to the devil or never attended the four walls of a good university.

All your points in defence of Dangote are weak and engulfed in same strategy the rich and mighty of third nations and even first nations use to keep the working class perpetually poor.

Everything I have written is in defence of working class Nigerians.

They had the option to take up arms and go into kidnapping and other crimes but they did not.

They give their 50-70 hours working every week, but what do they get in return?

Peanuts and working conditions that make them look like fools compared to those who can simply buy machetes with less than ₦10,000 and earn much more than honest hard-working Nigerians through terror.

Dangote is telling Nigerians that he pays his drivers ₦240,000 ($180) per month, his laptop boys are amplifying it and uninformed Nigerians are clapping for them.

How much does Dangote products costs compared to same products produced in Canada, USA, China, Libya and other countries?

How much is Dangote fuel and Dangote cement in Nigeria versus similar products in other countries?

How much do those drivers and workers in Canada, USA, China, and Iran earn compared to the price of the products of the companies they work in?

Dangote is charging international price for his products in Nigeria.

Dangote speedily increased price of his cement by over 200%, citing naira devaluation, etc.

But how much is he paying his workers?

Did he increase his workers salaries by same percentage?

No!

He is topping Forbes billionaires list but majority of his workers are topping the list of those living in peanury and customers of Bet9ja and Sportybet.

Before Dangote refinery and after full subsidy removal, fuel sold for less than ₦700.

Dangote refinery came online and fuel is selling for ₦1000 across Nigeria.

All his workers can no longer afford to buy fuel to run their generators. They are getting poorer and poorer by the day.

Dangote claims to pay his drivers ₦280,000 monthly. Even though the amount is ridiculous compared to the value of the service those drivers provide, I can tell you for a fact that Dangote and his laptop boys are lying to Nigerians.

I have interviewed hundreds of Dangote truck drivers. Non of them earn up to ₦100,000 as monthly salary.

Even if you add the amount given to drivers as dispatch for each trip (which should cater for their hotel accommodation and feeding on each trip), they still don't get up to the amount Dangote is claiming to pay his drivers.

Dangote should publish the pay slip of his drivers.

Do you think drivers that are well paid and well rested will be all over Nigeria ending the lives of people due to reckless driving?

Those drivers are not well paid.

They're mostly illiterates who sleep in their trucks and stay alert on the wheels through consumption of Fearless and other hard drugs.

Go out there and talk to Dangote drivers. They're all over Nigeria delivering cement and other Dangote products.

It's no coincidence that Dangote truck accidents have been recorded every month in Nigeria over the past 15 years.

That's the most shameful safety record of any company globally but laptop boys have been paid to defend and celebrate it in Nigeria.

If I ever become president of Nigeria, I'll not allow Dangote or any company or business abuse the rights and privileges of Nigerian workers.

They're the foundation of every thriving society. When they're unprotected and vulnerable to the whims and caprices of greedy capitalists aided by ill-gotten monopoly, the society will proceed on a free fall.

Nigeria is on a free fall. I hope this helps you understand one reason why it is so.

Shalom

Joyful365:
I'm responding to you because you have elucidated your points to some extent, unlike some here who comment like they have either sold their souls to the devil or never attended the four walls of a good university.

All your points in defence of Dangote are weak and engulfed in same strategy the rich and mighty of third nations and even first nations use to keep the working class perpetually poor.

Everything I have written is in defence of working class Nigerians.

They had the option to take up arms and go into kidnapping and other crimes but they did not.

They give their 50-70 hours working every week, but what do they get in return?

Peanuts and working conditions that make them look like fools compared to those who can simply buy machetes with less than ₦10,000 and earn much more than honest hard-working Nigerians through terror.

Dangote is telling Nigerians that he pays his drivers ₦240,000 ($180) per month, his laptop boys are amplifying it and uninformed Nigerians are clapping for them.

How much does Dangote products costs compared to same products produced in Canada, USA, China, Libya and other countries?

How much is Dangote fuel and Dangote cement in Nigeria versus similar products in other countries?

How much do those drivers and workers in Canada, USA, China, and Iran earn compared to the price of the products of the companies they work in?

Dangote is charging international price for his products in Nigeria.

Dangote speedily increased price of his cement by over 200%, citing naira devaluation, etc.

But how much is he paying his workers?

Did he increase his workers salaries by same percentage?

No!

He is topping Forbes billionaires list but majority of his workers are topping the list of those living in peanury and customers of Bet9ja and Sportybet.

Before Dangote refinery and after full subsidy removal, fuel sold for less than ₦700.

Dangote refinery came online and fuel is selling for ₦1000 across Nigeria.

All his workers can no longer afford to buy fuel to run their generators. They are getting poorer and poorer by the day.

Dangote claims to pay his drivers ₦280,000 monthly. Even though the amount is ridiculous compared to the value of the service those drivers provide, I can tell you for a fact that Dangote and his laptop boys are lying to Nigerians.

I have interviewed hundreds of Dangote truck drivers. Non of them earn up to ₦100,000 as monthly salary.

Even if you add the amount given to drivers as dispatch for each trip (which should cater for their hotel accommodation and feeding on each trip), they still don't get up to the amount Dangote is claiming to pay his drivers.

Dangote should publish the pay slip of his drivers.

Do you think drivers that are well paid and well rested will be all over Nigeria ending the lives of people due to reckless driving?

Those drivers are not well paid.

They're mostly illiterates who sleep in their trucks and stay alert on the wheels through consumption of Fearless and other hard drugs.

Go out there and talk to Dangote drivers. They're all over Nigeria delivering cement and other Dangote products.

It's no coincidence that Dangote truck accidents have been recorded every month in Nigeria over the past 15 years.

That's the most shameful safety record of any company globally but laptop boys have been paid to defend and celebrate it in Nigeria.

If I ever become president of Nigeria, I'll not allow Dangote or any company or business abuse the rights and privileges of Nigerian workers.

They're the foundation of every thriving society. When they're unprotected and vulnerable to the whims and caprices of greedy capitalists aided by ill-gotten monopoly, the society will proceed on a free fall.

Nigeria is on a free fall. I hope this helps you understand one reason why it is so.

Shalom

Your anger is directed to the wrong quarters. Dangote is not Federal Government.

Joyful365:
I'm responding to you because you have elucidated your points to some extent, unlike some here who comment like they have either sold their souls to the devil or never attended the four walls of a good university.

All your points in defence of Dangote are weak and engulfed in same strategy the rich and mighty of third nations and even first nations use to keep the working class perpetually poor.

Everything I have written is in defence of working class Nigerians.

They had the option to take up arms and go into kidnapping and other crimes but they did not.

They give their 50-70 hours working every week, but what do they get in return?

Peanuts and working conditions that make them look like fools compared to those who can simply buy machetes with less than ₦10,000 and earn much more than honest hard-working Nigerians through terror.

Dangote is telling Nigerians that he pays his drivers ₦240,000 ($180) per month, his laptop boys are amplifying it and uninformed Nigerians are clapping for them.

How much does Dangote products costs compared to same products produced in Canada, USA, China, Libya and other countries?

How much is Dangote fuel and Dangote cement in Nigeria versus similar products in other countries?

How much do those drivers and workers in Canada, USA, China, and Iran earn compared to the price of the products of the companies they work in?

Dangote is charging international price for his products in Nigeria.

Dangote speedily increased price of his cement by over 200%, citing naira devaluation, etc.

But how much is he paying his workers?

Did he increase his workers salaries by same percentage?

No!

He is topping Forbes billionaires list but majority of his workers are topping the list of those living in peanury and customers of Bet9ja and Sportybet.

Before Dangote refinery and after full subsidy removal, fuel sold for less than ₦700.

Dangote refinery came online and fuel is selling for ₦1000 across Nigeria.

All his workers can no longer afford to buy fuel to run their generators. They are getting poorer and poorer by the day.

Dangote claims to pay his drivers ₦280,000 monthly. Even though the amount is ridiculous compared to the value of the service those drivers provide, I can tell you for a fact that Dangote and his laptop boys are lying to Nigerians.

I have interviewed hundreds of Dangote truck drivers. Non of them earn up to ₦100,000 as monthly salary.

Even if you add the amount given to drivers as dispatch for each trip (which should cater for their hotel accommodation and feeding on each trip), they still don't get up to the amount Dangote is claiming to pay his drivers.

Dangote should publish the pay slip of his drivers.

Do you think drivers that are well paid and well rested will be all over Nigeria ending the lives of people due to reckless driving?

Those drivers are not well paid.

They're mostly illiterates who sleep in their trucks and stay alert on the wheels through consumption of Fearless and other hard drugs.

Go out there and talk to Dangote drivers. They're all over Nigeria delivering cement and other Dangote products.

It's no coincidence that Dangote truck accidents have been recorded every month in Nigeria over the past 15 years.

That's the most shameful safety record of any company globally but laptop boys have been paid to defend and celebrate it in Nigeria.

If I ever become president of Nigeria, I'll not allow Dangote or any company or business abuse the rights and privileges of Nigerian workers.

They're the foundation of every thriving society. When they're unprotected and vulnerable to the whims and caprices of greedy capitalists aided by ill-gotten monopoly, the society will proceed on a free fall.

Nigeria is on a free fall. I hope this helps you understand one reason why it is so.

Shalom

How much do you think Dangote should be selling his fuel? 200 naira? If so, why?

We were already buying PMS 1200 in Lagos this time last year until Dangote started operations properly in October and started reducing the price in December.

We were buying diesel 1700 in Q1 2024 until Dangote started with Diesel in April 2024 and reduced the price to 1200.

Also, I saw a graduate with experience celebrating her new employment on social media as a Dangote refinery truck driver and it’s not her first job as a truck driver. If you truly interviewed hundreds of truck drivers and they are poorly paid, I doubt such an exposed lady would be celebrating this new role with so much passion given her experience in truck driving. Either Dangote’s pay is so good or he is at least better than the others she worked for.

Google or check on X (formerly Twitter):

Juliana Terzungwe: A Woman Driver at Dangote.

SonofElElyonRet:
Japaul should go and learn work from Ellah. Chuka engaged the public through arise tv and x / twitter space.. regularly releases positive info. Deafening silence from Japaul.. not good

Calm down .
Japaul is a sentimental stock.
Them get plenty gold reserves with the acquired subsidiaries.Let the price of gold continue rising.Very soon Japaul go give directions on gold business going into 2026.With gold productions or not,Japaul is going to respond to gold price rise.

See forecast by JP Morgan below

JP Morgan’s Gold Forecasts & Key Assumptions

From their “Global Research / Commodities” unit, JP Morgan has published a few forward views on gold.

Base Forecasts

They expect gold to average ~ $3,675/oz by Q4 2025

They see gold crossing $4,000/oz by around Q2 2026

The risks are skewed to the upside — i.e. stronger-than-expected demand could push prices above their forecasts.

Key Drivers Behind Their Forecasts

JP Morgan’s outlook is based on several assumptions and dynamics:

1. Strong Central Bank Demand
They expect continued central bank purchases of gold — averaging roughly 710 tonnes per quarter in 2025
They also project about 900 tonnes in CB buying in 2025


2. Investor / ETF Demand
A structural shift in demand from investors and ETFs is expected, particularly as macro uncertainty elevates gold’s appeal.


3. Macro / Policy Risks & Dollar Weakness
Their view is that uncertainty (e.g. trade tensions, monetary policy risks, inflation) and potential weakening of the U.S. dollar support gold.


4. Room for Upside (Overshoot Risk)
They acknowledge that demand could surprise on the upside, meaning gold might hit $4,000 earlier or exceed that level.

How will Japaulgold benefit in the rising price of gold?

A bullish global gold trend tends to lift all gold-linked equities, especially small-caps like JapaulGold.

Investors see gold miners as proxies for bullion, so funds rotate into the sector.

Nigeria’s penny stock investors follow the global narrative — meaning sentiment and trading volume rise sharply.

JP Morgan’s $3,675–$4,000 forecast through 2026 could attract speculative inflows into JapaulGold as a “cheap entry” to ride the gold boom.

A stronger global gold environment helps JapaulGold in:

Accessing financing or partnerships — local or foreign investors find its gold assets more valuable.

Raising capital for exploration or processing plant expansion.

Strategic deals with refiners or offtakers become easier to secure.

Nigeria’s weakening naira and inflation make gold a hedge, locally and globally.
That’s positive for JapaulGold because:

Local demand for gold (and jewellery) rises.

It can price export gold in USD, protecting margins.

Investors see JapaulGold as a safe-haven NGX stock amid inflationary pressures.

Joyful365:
I'm responding to you because you have elucidated your points to some extent, unlike some here who comment like they have either sold their souls to the devil or never attended the four walls of a good university.

All your points in defence of Dangote are weak and engulfed in same strategy the rich and mighty of third nations and even first nations use to keep the working class perpetually poor.

Everything I have written is in defence of working class Nigerians.

They had the option to take up arms and go into kidnapping and other crimes but they did not.

They give their 50-70 hours working every week, but what do they get in return?

Peanuts and working conditions that make them look like fools compared to those who can simply buy machetes with less than ₦10,000 and earn much more than honest hard-working Nigerians through terror.

Dangote is telling Nigerians that he pays his drivers ₦240,000 ($180) per month, his laptop boys are amplifying it and uninformed Nigerians are clapping for them.

How much does Dangote products costs compared to same products produced in Canada, USA, China, Libya and other countries?

How much is Dangote fuel and Dangote cement in Nigeria versus similar products in other countries?

How much do those drivers and workers in Canada, USA, China, and Iran earn compared to the price of the products of the companies they work in?

Dangote is charging international price for his products in Nigeria.

Dangote speedily increased price of his cement by over 200%, citing naira devaluation, etc.

But how much is he paying his workers?

Did he increase his workers salaries by same percentage?

No!

He is topping Forbes billionaires list but majority of his workers are topping the list of those living in peanury and customers of Bet9ja and Sportybet.

Before Dangote refinery and after full subsidy removal, fuel sold for less than ₦700.

Dangote refinery came online and fuel is selling for ₦1000 across Nigeria.

All his workers can no longer afford to buy fuel to run their generators. They are getting poorer and poorer by the day.

Dangote claims to pay his drivers ₦280,000 monthly. Even though the amount is ridiculous compared to the value of the service those drivers provide, I can tell you for a fact that Dangote and his laptop boys are lying to Nigerians.

I have interviewed hundreds of Dangote truck drivers. Non of them earn up to ₦100,000 as monthly salary.

Even if you add the amount given to drivers as dispatch for each trip (which should cater for their hotel accommodation and feeding on each trip), they still don't get up to the amount Dangote is claiming to pay his drivers.

Dangote should publish the pay slip of his drivers.

Do you think drivers that are well paid and well rested will be all over Nigeria ending the lives of people due to reckless driving?

Those drivers are not well paid.

They're mostly illiterates who sleep in their trucks and stay alert on the wheels through consumption of Fearless and other hard drugs.

Go out there and talk to Dangote drivers. They're all over Nigeria delivering cement and other Dangote products.

It's no coincidence that Dangote truck accidents have been recorded every month in Nigeria over the past 15 years.

That's the most shameful safety record of any company globally but laptop boys have been paid to defend and celebrate it in Nigeria.

If I ever become president of Nigeria, I'll not allow Dangote or any company or business abuse the rights and privileges of Nigerian workers.

They're the foundation of every thriving society. When they're unprotected and vulnerable to the whims and caprices of greedy capitalists aided by ill-gotten monopoly, the society will proceed on a free fall.

Nigeria is on a free fall. I hope this helps you understand one reason why it is so.

Shalom

I admire your passion for the Nigerian work force and your ambition. Most of us can relate. If not ourselves, our loved ones and friends.
But the FG that needs to have a regulatory oversight are toothless cuz their own minimum wage is shameful and abysmal.
I am all for better pay packages especially for private sector workers in the first place who constitute the bulk of the employment
Everybody can't work in an oil and company and everybody can't be a businessman.
Teachers are the worst.
Niche Cambridge schools are now their Dangote;300-400k.
yet, thats a below par payment compared to their overseas counterpart taking the same IGCSE exams for students.
But all they are allowed to compare is their counterpart in local private schools earning 50-150k..
Head teacher/principal may earn 150-200k giving a false illusion of better pay when the schools charge fees from 1m and above.
That said these are the main bias for DR against the union
1) the Probability of a strike involving PENGASSEN AND IOCs or FG within the next 3-5yrs Is about 9/10.
DR workers not being a member of PENGASSEN will enable DR to keep getting it's supply of crude and gas no matter how long the strike lasts. The business and Nigerians via petrol stations won't experience scarcity and hence high prices of fuel.
So risk of joining the union is HIGH on the firm (DR).

2)The possibility of staff payment default from DR to workers within this 3-5yrs is about 1/10. If there is even a default or a bridge of entitlement contract, it won't be a massive group default. It most likely will be few individuals and spread across different timelines and they will be treated on an individual bases based on DIL antecedents. So risk of not-joining the union is low on DR as well as the workers.

3)These unions(PENGASSEN and NUPENG) have the members-skill-set to shut down critical areas of Nigerians entire crude pipping network. We could see how the nations 3 refineries have fared..
We also know about the increased leakage of crude by vandals in Nigeria. Oil theft through unknown sea vessels, etc. we hardly meet OPEC requirements.
What is read at the destination guard meter is different from the production guard meter by as much as 10-20% loss of barrels/day.
The unions who control key sections can't entirely be absorbed.
The probability they will infiltrate and corrupt the minds of the DR workers into doing their biddings for the sake of human greed is as high as 8/10. And we are back to fuel imports and forex scarcity due to constant "turnaround maintainance " that never materialise as always done input own refineries.
He may even risk loan default payments,etc and Me and go back to buying black market fuel with high sulphur content and changing fuel filter and co every 4 maker days..
The rippe effect is not to be imagined.
Thas why I won't easily dismiss the premium times whatsapp leakage report on DR Internal memos.

4) DR workers join PENGASSEN.
Based on what transpired so far, it's unlikely that PRNGASSEN were going to fight for a wage raise for the workers as soon as possible.
Otherwise they would have used it as bait or attack DR during the fiasco.
Also the truck workers pay was true.NUPENG and probably PENGASSEN would have disputed it. Dangote said it with his mouth. I doubt he was lying.

Joyful365:
I'm responding to you because you have elucidated your points to some extent, unlike some here who comment like they have either sold their souls to the devil or never attended the four walls of a good university.

All your points in defence of Dangote are weak and engulfed in same strategy the rich and mighty of third nations and even first nations use to keep the working class perpetually poor.

Everything I have written is in defence of working class Nigerians.

They had the option to take up arms and go into kidnapping and other crimes but they did not.

They give their 50-70 hours working every week, but what do they get in return?

Peanuts and working conditions that make them look like fools compared to those who can simply buy machetes with less than ₦10,000 and earn much more than honest hard-working Nigerians through terror.

Dangote is telling Nigerians that he pays his drivers ₦240,000 ($180) per month, his laptop boys are amplifying it and uninformed Nigerians are clapping for them.

How much does Dangote products costs compared to same products produced in Canada, USA, China, Libya and other countries?

How much is Dangote fuel and Dangote cement in Nigeria versus similar products in other countries?

How much do those drivers and workers in Canada, USA, China, and Iran earn compared to the price of the products of the companies they work in?

Dangote is charging international price for his products in Nigeria.

Dangote speedily increased price of his cement by over 200%, citing naira devaluation, etc.

But how much is he paying his workers?

Did he increase his workers salaries by same percentage?

No!

He is topping Forbes billionaires list but majority of his workers are topping the list of those living in peanury and customers of Bet9ja and Sportybet.

Before Dangote refinery and after full subsidy removal, fuel sold for less than ₦700.

Dangote refinery came online and fuel is selling for ₦1000 across Nigeria.

All his workers can no longer afford to buy fuel to run their generators. They are getting poorer and poorer by the day.

Dangote claims to pay his drivers ₦280,000 monthly. Even though the amount is ridiculous compared to the value of the service those drivers provide, I can tell you for a fact that Dangote and his laptop boys are lying to Nigerians.

I have interviewed hundreds of Dangote truck drivers. Non of them earn up to ₦100,000 as monthly salary.

Even if you add the amount given to drivers as dispatch for each trip (which should cater for their hotel accommodation and feeding on each trip), they still don't get up to the amount Dangote is claiming to pay his drivers.

Dangote should publish the pay slip of his drivers.

Do you think drivers that are well paid and well rested will be all over Nigeria ending the lives of people due to reckless driving?

Those drivers are not well paid.

They're mostly illiterates who sleep in their trucks and stay alert on the wheels through consumption of Fearless and other hard drugs.

Go out there and talk to Dangote drivers. They're all over Nigeria delivering cement and other Dangote products.

It's no coincidence that Dangote truck accidents have been recorded every month in Nigeria over the past 15 years.

That's the most shameful safety record of any company globally but laptop boys have been paid to defend and celebrate it in Nigeria.

If I ever become president of Nigeria, I'll not allow Dangote or any company or business abuse the rights and privileges of Nigerian workers.

They're the foundation of every thriving society. When they're unprotected and vulnerable to the whims and caprices of greedy capitalists aided by ill-gotten monopoly, the society will proceed on a free fall.

Nigeria is on a free fall. I hope this helps you understand one reason why it is so.

Shalom

I admire your passion for the Nigerian work force and your ambition. Most of us can relate. If not ourselves, our loved ones and friends.
But the FG that needs to have a regulatory oversight are toothless cuz their own minimum wage is shameful and abysmal.
I am all for better pay packages especially for private sector workers in the first place who constitute the bulk of the employment.
Everybody can't work in an oil and company and everybody can't be a businessman.
Teachers are the worst.
Niche Cambridge schools are now their Dangote;300-400k.
yet, thats a below par payment compared to their overseas counterpart taking the same IGCSE exams for students.
But all they are allowed to compare is their counterpart in local private schools earning 50-150k..
Head teacher/principal may earn 150-200k giving a false illusion of better pay when the schools charge fees from 1m and above.

That said these are the main bias for DR against the union
1) the Probability of a strike involving PENGASSEN AND IOCs or FG within the next 3-5yrs Is about 9/10.
DR workers not being a member of PENGASSEN will enable DR to keep getting it's supply of crude and gas no matter how long the strike lasts. The business and Nigerians via petrol stations won't experience scarcity and hence high prices of fuel.
So risk of joining the union is HIGH on the firm (DR).

2)The possibility of staff payment default from DR to workers within this 3-5yrs is about 1/10. If there is even a default or a bridge of entitlement contract, it won't be a massive group default. It most likely will be few individuals and spread across different timelines and they will be treated on an individual bases based on DIL antecedents. So risk of not-joining the union is low on DR as well as the workers.

3)These unions(PENGASSEN and NUPENG) have the members-skill-set to shut down critical areas of Nigerians entire crude pipping network. We could see how the nations 3 refineries have fared..
We also know about the increased leakage of crude by vandals in Nigeria. Oil theft through unknown sea vessels, etc. we hardly meet OPEC requirements.
What is read at the destination guard meter is different from the production guard meter by as much as 10-20% loss of barrels/day.(2021 report by S&P global)
The unions who control key sections can't entirely be absorbed.
The probability they will infiltrate and corrupt the minds of the DR workers into doing their biddings for the sake of human greed is as high as 8/10. And we are back to fuel imports and forex scarcity due to constant "turnaround maintainance " that never materialise as always done input own refineries.
He may even risk loan default payments,etc and Me and go back to buying black market fuel with high sulphur content and changing fuel filter and co every 4 maker days..
The rippe effect is not to be imagined.
Thas why I won't easily dismiss the premium times whatsapp leakage report on DR Internal memos.
4) NLC, NUEE and TUC frequently go on strike likewise the popular ASUU. Most often than not, they call on their sister partners of PENGASSEN AND NUPENG amongst others to join and shut the country as a whole.
Can we guarantee these larger union bodies not going on strike in 3-5yrs joining PRNGASSEN along unwarranted just for solidarity sake?

If no, isn't it wiser for DR staff not to join them PENGASSEN so as to keep getting seamless supply of product during their usual national shut down until DR stabilises.

5) DR workers join PENGASSEN.
Based on what transpired so far, it's unlikely that PRNGASSEN were going to fight for a wage raise for the workers as soon as possible.
Otherwise they would have used it as bait or attack DR during the fiasco.
Also the truck workers pay was true.NUPENG and probably PENGASSEN would have disputed it. Dangote said it with his mouth. I doubt he will be lying. Within the next 3-5yrs ,the probability of PENGASSEN fighting for a wage raise and other allowances for DR workers would have been as much as 5/10.
My question is:
If DR workers had joined NUPENG and PENGASSEN?
Would it have justified the high risk and -ve ripple effect associated with the other 1- 4 instances listed within this 5yrs incubation and weaning period?
Will it be worth it for
1)DR workers,
2)DR itself and
3)Nigerians as a whole to all come out in 5yrs time to a win-win-win situation?
The bigger picture should be considered in this nascent stage.
In about 5yrs time we can begin to look at DRs pay packages with keen interest.
The DR workers themselves will be the ones to join the union if its that bad and all the earlier HR relations sugar-coated promises fails.

Locotrader:
Calm down .
Japaul is a sentimental stock.
Them get plenty gold reserves with the acquired subsidiaries.Let the price of gold continue rising.Very soon Japaul go give directions on gold business going into 2026.With gold productions or not,Japaul is going to respond to gold price rise.

See forecast by JP Morgan below

JP Morgan’s Gold Forecasts & Key Assumptions

From their “Global Research / Commodities” unit, JP Morgan has published a few forward views on gold.

Base Forecasts

They expect gold to average ~ $3,675/oz by Q4 2025

They see gold crossing $4,000/oz by around Q2 2026

The risks are skewed to the upside — i.e. stronger-than-expected demand could push prices above their forecasts.

Key Drivers Behind Their Forecasts

JP Morgan’s outlook is based on several assumptions and dynamics:

1. Strong Central Bank Demand
They expect continued central bank purchases of gold — averaging roughly 710 tonnes per quarter in 2025
They also project about 900 tonnes in CB buying in 2025


2. Investor / ETF Demand
A structural shift in demand from investors and ETFs is expected, particularly as macro uncertainty elevates gold’s appeal.


3. Macro / Policy Risks & Dollar Weakness
Their view is that uncertainty (e.g. trade tensions, monetary policy risks, inflation) and potential weakening of the U.S. dollar support gold.


4. Room for Upside (Overshoot Risk)
They acknowledge that demand could surprise on the upside, meaning gold might hit $4,000 earlier or exceed that level.

How will Japaulgold benefit in the rising price of gold?

A bullish global gold trend tends to lift all gold-linked equities, especially small-caps like JapaulGold.

Investors see gold miners as proxies for bullion, so funds rotate into the sector.

Nigeria’s penny stock investors follow the global narrative — meaning sentiment and trading volume rise sharply.

JP Morgan’s $3,675–$4,000 forecast through 2026 could attract speculative inflows into JapaulGold as a “cheap entry” to ride the gold boom.

A stronger global gold environment helps JapaulGold in:

Accessing financing or partnerships — local or foreign investors find its gold assets more valuable.

Raising capital for exploration or processing plant expansion.

Strategic deals with refiners or offtakers become easier to secure.

Nigeria’s weakening naira and inflation make gold a hedge, locally and globally.
That’s positive for JapaulGold because:

Local demand for gold (and jewellery) rises.

It can price export gold in USD, protecting margins.

Investors see JapaulGold as a safe-haven NGX stock amid inflationary pressures.

Na dat direction I dey wait.

JP Morgan’s Gold Forecasts & Key Assumptions

From their “Global Research / Commodities” unit, JP Morgan has published a few forward views on gold.

Base Forecasts

They expect gold to average ~ $3,675/oz by Q4 2025

They see gold crossing $4,000/oz by around Q2 2026

The risks are skewed to the upside — i.e. stronger-than-expected demand could push prices above their forecasts.

Key Drivers Behind Their Forecasts

JP Morgan’s outlook is based on several assumptions and dynamics:

1. Strong Central Bank Demand
They expect continued central bank purchases of gold — averaging roughly 710 tonnes per quarter in 2025
They also project about 900 tonnes in CB buying in 2025


2. Investor / ETF Demand
A structural shift in demand from investors and ETFs is expected, particularly as macro uncertainty elevates gold’s appeal.


3. Macro / Policy Risks & Dollar Weakness
Their view is that uncertainty (e.g. trade tensions, monetary policy risks, inflation) and potential weakening of the U.S. dollar support gold.


4. Room for Upside (Overshoot Risk)
They acknowledge that demand could surprise on the upside, meaning gold might hit $4,000 earlier or exceed that level.

How will Japaulgold benefit in the rising price of gold?

A bullish global gold trend tends to lift all gold-linked equities, especially small-caps like JapaulGold.

Investors see gold miners as proxies for bullion, so funds rotate into the sector.

Nigeria’s penny stock investors follow the global narrative — meaning sentiment and trading volume rise sharply.

JP Morgan’s $3,675–$4,000 forecast through 2026 could attract speculative inflows into JapaulGold as a “cheap entry” to ride the gold boom.

A stronger global gold environment helps JapaulGold in:

Accessing financing or partnerships — local or foreign investors find its gold assets more valuable.

Raising capital for exploration or processing plant expansion.

Strategic deals with refiners or offtakers become easier to secure.

Nigeria’s weakening naira and inflation make gold a hedge, locally and globally.
That’s positive for JapaulGold because:

Local demand for gold (and jewellery) rises.

It can price export gold in USD, protecting margins.

Investors see JapaulGold as a safe-haven NGX stock amid inflationary pressures.