News
Fuel Scarcity Looms as PENGASSAN Down Tools Thursday

Fuel scarcity is imminent in the country as Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has ordered its members to leave their duty posts in all oil installations and offices nationwide, as from Thursday beginning from 12.01hrs.
The union has also ordered its four zones, which include Lagos Zone, Port Harcourt Zone, Warri Zone and Kaduna Zone to commence sensitization of its members with details of the planned action as from today, ( Monday, July 4).
The strike, according to a statement signed by Comrade Lumumba Okugbawa, PENGASSAN Acting General Secretary, will affect all sub-sectors of the oil and gas industry, which include the upstream, the midstream and the downstream sectors.
In a memo dated July 4, 2016 and addressed to all zonal chairmen, secretaries, all branch chairmen and secretaries, the Senior Staff Association directed its members to embark on gradual withdrawal of services from their various offices, sites and production facilities as from Thursday.
The memo, which was signed by the Acting General Secretary, PENGASSAN cited the inability of the Federal Government to honour agreements contained in May 12, 2016 Communiqué as the reason for calling for the strike.
The Senior Staff Trade Union listed some of the issues to include lingering irregular Joint Venture funding and Cash Call payment arrears, lack of a clear cut direction on the Petroleum Industry Bill (PIB), forceful co-option of government agencies in the industry into the Integrated Personnel Payroll Information System (IPPIS), and spate of redundancy and retrenchment in the industry.
The Association said that several efforts to engage the government to forestall the strike were frustrated by the Government.
PENGASSAN stated that sequel to the above subject, the Association tried to engage the Federal Government on May 24, 2016, which was inconclusive. The engagement was later fixed for June 23, 2016, which did not take place and again for June 30, 2016, which was unceremoniously cancelled with no date given.
“We see this as a deliberate attempt by the Government to frustrate the discussion of the myriad of issues raised in the communiqué, which are critical to the survival of the Oil and gas industry in the country.
“Among the burning issues raised is that of the JV Funding/Cash Call arrears, which has stalled new investments and the creation of jobs in the industry and which has consequently brought about massive job losses in the industry. We have equally noted with great dismay that our tertiary institutions keep churning out graduates with no or very limited job placement opportunities for them. Even for those that are fortunate to have jobs it has been tug of war getting their salaries paid as at and when due and are faced with redundancies on a regular basis also, especially in the service sector.
“We cannot fold our hands and watch this gradual collapse of our strategic oil and gas industry and its attendant consequences on the nation’s economy, which is a sharp contrast to the present government’s avowed promised to creation and retention of jobs.”
Speaking on the impending fuel crisis, Comrade Emmanuel Ojugbana, national public relations officer, said that all aspects of the oil and gas operations will be affected as there will be a total shut down of the industry.
“There won’t be any activities by our members. All aspects, including loading of petroleum products, flow stations and jetties will be shut down in this strike until the government address our concerns that are impacting the industry negatively.”
It would be recalled that PENGASSAN, after its National Executive Council (NEC) meeting in Calabar, Cross Rivers State on May 12, 2016, issued a Seven Day ultimatum with effect from May 16, 2016, for the government to engage the Association on the myriad of challenges confronting the nation’s oil and gas industry.
After the expiration of the ultimatum, without any move from the government, the Senior Staff trade union issued another seven day ultimatum on June 19, 2016, which was again unheeded by the government.
News
ALX Broadens AI Training in Africa

Pan-African talent accelerator ALX is expanding its footprint and shifting to a fully self-paced learning model to train and integrate young Africans into the workforce, as the global economy reorganises around artificial intelligence (AI).

Partnering with the MasterCard Foundation, the technology training provider and career accelerator designed to equip African talent, says it enables learners to access tech training for $5 a month.
It emphasises a shift in demographics saying that by 2035, more young Africans will enter the workforce annually.
ALX notes that its model has graduated 347,100 learners, with 63% finding employment within six months. Women represent over half of all graduates. To increase flexibility, the organisation emphasises that learning is now entirely self-paced.
“Learners progress through modular blocks, earning credentials as they go, ensuring that the training fits around their existing responsibilities,” says Shana-Michelle Rabonda, Chief Operating Officer of ALX.
Rabonda adds that global employers are taking notice: “We are building a direct pipeline to the global digital economy. When companies look for elite tech talent, they are looking at Africa.”
Due to this demand, firms such as Absa, Stanbic Bank, MTN, and KPMG now employ between 50 and 180 ALX graduates each. Meanwhile, community entrepreneurs have created over 60,100 jobs through AI startups like Signvrse and Edulga.
With Africa’s AI market projected to grow to $16.5 billion by 2030, ALX operates alongside competitors like Moringa School and GoMyCode to secure mindshare.
“With the right skills and networks, young Africans can seize these opportunities,” Rabonda emphasises. “Africa’s youth should not just be consumers of AI; they should be creators shaping innovations that will define the global economy.”
News
Swift Network Faces Winding-up Battle over Alleged N115m Debt

A Federal High Court sitting in Lagos has ordered the advertisement of a winding-up petition filed against telecommunications service provider, Swift Network Plc, over its alleged inability to settle a debt exceeding N115 million.

The order followed an application filed by Optics and Wireless Limited through its counsel, Bimbo Adebayo-Ogunlaja, urging the court to permit the publication of the winding-up petition instituted against the company.
In the petition, Optics and Wireless Limited alleged that Swift Network Plc is indebted to it in the sum of N115,482,302.88, being the outstanding payment for network devices supplied to the telecommunications firm since April 2024.
The petitioner is also seeking the payment of N70,530,062 as accrued interest arising from a loan facility allegedly obtained to finance the transaction between both parties, as well as general damages for breach of contract.
According to court documents, the dispute arose from a series of transactions carried out between April 2024 and February 2025, during which Swift Network Plc, through its procurement officer, allegedly requested the petitioner to manufacture and supply various network devices based on purchase orders issued by the company.
The petitioner stated that payment for the supplied items was expected either immediately after delivery or within 30 days of supply, but alleged that Swift Network repeatedly failed to honour the agreement despite receiving the products.
Optics and Wireless Limited further claimed that it became apparent after the final order for servers in April 2025 that the respondent was either unwilling or unable to settle the accumulated debt.
The petitioner also informed the court that its solicitors, Messrs Zionla Legal Practitioners & Solicitors, subsequently issued a statutory notice of demand dated December 11, 2025, demanding payment of the outstanding sum and accrued interest.
According to the petitioner, all efforts to recover the debt proved unsuccessful, adding that the situation has exposed the company to serious financial challenges and possible legal action from the bank that allegedly granted it the loan facility used to execute the supply contracts.
Optics and Wireless Limited argued that Swift Network Plc is insolvent and unable to meet its financial obligations, urging the court to wind up the company in line with the provisions of the Companies and Allied Matters Act and the Winding-Up Rules.
Among the reliefs sought, the petitioner asked the court to order that Swift Network Plc be wound up by the court and that any voluntary winding-up process involving the company should continue under the supervision of the court.
Justice Lewis Allagoa subsequently adjourned the matter till July 10 for further hearing.
News
Simba Infrastructure, Galaxy Backbone Partner to Deliver Hosted Unified Communications and Call Centre Solutions Across Nigeria

Simba Infrastructure Limited, a leading provider of customer experience and communications technology, has entered into a strategic partnership with Galaxy Backbone Limited (GBB), the Federal Government of Nigeria’s ICT infrastructure and shared services provider, to deliver Hosted Unified Communications (UC) and Hosted Call Centre Solutions to organisations across both the public and private sectors.

This collaboration brings together Simba Infrastructure’s deep expertise in converged communication technologies, systems integration, and private-sector engagement with Galaxy Backbone’s trusted government relationships, world-class Tier III and Tier IV data centre infrastructure, and an extensive fibre-optic network spanning 30 states and the Federal Capital Territory.
Together, both organisations will deliver secure, scalable, and cost-effective communication solutions designed to transform how businesses and government institutions engage with customers and citizens.
Under this this partnership, Simba Infrastructure will lead business development efforts within the private sector, delivering tailored Unified Communications and Call Centre solutions aligned with the unique needs of enterprises. Galaxy Backbone, on the other hand, will drive adoption within the public sector, providing secure, locally hosted data centre services that ensure compliance, reliability, and operational efficiency.
Commenting on the partnership, Sanjay Vaswani, Director at Simba Infrastructure said: ”Simba is pleased to mark this first phase of collaboration, with a long-term vision of deploying fully localized, AI-driven technologies that enable developers to build and scale using Naira-based solutions.
“While Aminu Usman, Profit Centre Head at Simba Infrastructure tressed on the fact that partnering with Galaxy Backbone will marks a significant milestone in our mission to deliver innovative, cloud-based communication solutions to Nigerian organizations.
“By combining Galaxy Backbone’s robust infrastructure and strong public sector presence with Simba’s customer-centric approach and technological expertise, we are creating a powerful platform to drive digital transformation and business growth.”
Also speaking, the GM Strategic Partnerships & Regional Business, Galaxy Backbone Limited, Abdul-Malik Suleiman noted; “Galaxy Backbone remains committed to advancing digital inclusion, secure communication, and reliable ICT services across Nigeria. Our partnership with Simba Infrastructure strengthens our ability to deliver innovative, locally hosted Unified Communications and Call Centre solutions that will benefit both public and private sector organisations.”
This partnership underscores a shared commitment to advancing Nigeria’s digital transformation agenda by equipping organisations with the tools to enhance collaboration, streamline communication, and improve customer experience—while ensuring that critical data remains securely hosted within Nigeria.
News3 days agoMoniepoint Group Commits to Boost Hands-on, Entrepreneurship in Three Nigerian Universities with ₦3B Innovation Hubs
E-Financial3 days agoNIBSS Blames System Glitch for Disappearance of N13.66Bn, Seeks Court Nod for Recovery
E-Business3 days agoPope Calls for ‘Disarming’ of AI, Warns of “New Forms of Slavery”
News3 days agoNITDA Raises Alarm over Fake ‘CPM’ Platform Extorting Victims Using Agency’s Name
Telecom3 days agoKaspersky Reveals NFC Relay Attacks on Smartphones Surged by 188% in 2026
General News3 days agoNigeria is World Bank’s Third-Largest Borrower with $18.5Bn – IDA
E-Business2 days agoKaspersky Brings AI-driven Context to Cloud Workload Security
Telecom2 days agoAirtel, Glo Restore Emergency Airtime Lending Services After FCCPC Suspension













