General
Rite Foods Urges Organisations to Prioritise Gender Equality
By Modupe Gbadeyanka
A call for the involvement of women in technological advancement in the country has been made by Nigeria’s leading company in the food and beverage sector, Rite Foods.
The managing director of the firm, Mr Seleem Adegunwa, in a statement to mark International Women’s Day (IWD), said the contributions of women in technological advancement would help bridge gender inequality and inclusiveness desired for a progressive nation.
He, therefore, urged corporate and public organisations to take gender equality a topmost priority as the gap in digital access would keep women from unlocking technology’s full potential.
Celebrated on March 8 every year, IWD was adopted by the United Nations in 1975 to spread the message of gender equality to create a better society free of gender bias. It addresses issues such as women’s equal rights, violence and abuse against women, and reproductive rights.
This year, the theme for the day is DigitALL: Innovation and Technology for Gender Equality.
Rite Foods said it had imbibed the culture of women inclusiveness in its operations through the various positions held by them.
In furtherance of that, Mr Adegunwa affirmed that women, having acted as great mothers at home with exceptional qualities, would do well if given an equal chance like their male counterparts in the digital transformation process that is experienced in various sectors of the economy, especially in the technological development of the nation.
According to him, Rite Foods, with its state-of-the-art infrastructure and artificial intelligence in a first-rate factory, has women working in all units, with the innovation required for the production of unparalleled brands that have dictated the pace in the food and beverage sector, surpassing competitors.
The firm has been at the forefront of inventiveness in its industry with the award-winning 13 Bigi carbonated soft drink variants and table water, premium Fearless energy drink brands, consisting of the Classic and Red Berry products, the Sosa fruit drink, as well as Rite Sausages,
On her part, the company’s Assistant Brand Manager, Mr Boluwatife Adedugbe, avowed that Rite Foods is a great workplace for women with creativity and greater opportunities for a better future.
Rite Foods’ unique brands, with their refreshing flavours, have won numerous laurels in the industry, as its Bigi Cola in 2022, won “The Fastest Growing Cola Brand of the Year” at the Marketing Edge Brands and Advertising Excellence Awards held in Lagos. Bigi also clinched the “Most Outstanding CSD Brand of the Year” at the Brandcom 2021 Awards for its market leadership position in the beverage industry, surpassing its competitors in that category.
The Fearless energy drink won the “Most Outstanding Energy Drink Brand of the Year,” at the 2021 Brandcom Awards because of its inventiveness with the first-ever packaged polyethylene terephthalate (PET) bottle.
Its nutritious Bigi and Rite sausages emerged as “The Fastest Growing Sausage Brand of the Year” at the Marketing Edge Brands and Advertising Excellence Awards held in Lagos in 2022.
The brands also won the 2022 ECOWAS Sausage Roll Snack Manufacturing Company of the Year at the ECOWAS Manufacturing Excellence Award powered by BusinessDay Newspapers (Ghana) and Daily Independent Newspapers in Nigeria.
General
Petrol Prices in Nigeria Rise 22.55% in March 2026 on Hormuz Closure
By Adedapo Adesanya
The National Bureau of Statistics (NBS) has said that the average retail price of a litre of Premium Motor Spirit (PMS), otherwise known as petrol, rose by 22.55 per cent or N237.07 per litre to N1,288.54 in March 2026 from N1,051.47 in February.
In the Premium Motor Spirit (Petrol) Price Watch for March released on Tuesday, the NBS said on a year-on-year basis, the average retail price of fuel also increased by 2.13 per cent from N1,261.65 recorded in March 2025.
This surge in fuel prices could be linked to global disruptions brought on by the US-Israel war on Iran, which triggered the closure of the Strait of Hormuz and sent prices of crude oil above $100 per barrel.
While the country was not heavily hit by the impact, it felt the ripple effect of crude prices increasing, particularly as Dangote Refinery imported crude from other markets to cover for local feedstock shortfalls.
The data noted that by state, Anambra recorded the highest average retail price of N1,441.22 per litre, followed by Sokoto at N1,377.55 and Borno at N1,375.16.
However, the price was cheapest in Lagos at N1,162.71, followed by Ogun at N1,169.78 and Kaduna state at N1,193.40.
By zone, it was most expensive in the North East at N1,336.50 last month, while the South-West recorded the lowest at N1,232.46.
A look at the Diesel Price Watch Report for March showed that the average retail price paid by users rose by 16.05 per cent on a month-on-month basis to N1,648.08 per litre from N1,420.17 per litre a month earlier.
“On state profiles analysis, the highest average price of diesel in March was recorded in Ebonyi at N2,262.29 per litre, followed by Akwa Ibom at N1,895.72 and Osun at N1,872.15.
“On the other hand, the lowest price was recorded in Kogi at N1,383.40 per litre, followed by Katsina State at N1,438.25 and Enugu at N1,480.06,” parts of the report said.
General
Datti Baba-Ahmed Dumps Labour Party, Joins PRP
By Modupe Gbadeyanka
The vice-presidential candidate of the Labour Party (LP) in the 2023 general elections, Mr Datti Baba-Ahmed, has left the party to join the Peoples Redemption Party (PRP).
Speaking on Channels Television’s Politics Today, the politician said he’s no longer interested in the way the Labour Party was being run.
He disclosed that there is no more peace in the political party he flew its flag in the last general elections because of greed.
He accused the ruling All Progressives Congress (APC) of destabilising opposition political parties to ensure President Bola Tinubu does not have a credible opponent in the 2027 presidential poll.
“What the Labour Party stood for is not the same now. We have a government of today which is interested in destroying other political parties,” he said.
“I am leaving the Labour Party tomorrow (today) by 12 midnight,” Mr Baba-Ahmed said when asked about his plans for next year.
I am leaving the Labour Party [at] midnight, and I am joining PRP. PRP is the new destination. PRP is the one with a history. It’s about 75 years old,” he further stated.
He further said, “When there was real peace in the Labour Party, someone was redeployed to the Labour Party and because of the antecedents of the person, [I don’t see things getting better].
PRP, a progressive Nigerian political party, was established in 1978 by Mallam Aminu Kano. It is rooted in social democratic principles and populist ideology, often focusing on the empowerment of the talakawa (common people).
Its current National Chairman, according to data obtained from the website of the Independent National Electoral Commission (INEC), is Mr Falalu Bello, while the National Secretary is Mr Babatunde F. Alli.

General
We Prioritised Personal Pension Plan, Others for Robust Pension System— PenCom
By Modupe Gbadeyanka
The Director General of the National Pension Commission (PenCom), Ms Omolola Oloworaran, has highlighted strategies deployed by her organisation to ensure pension coverage is deepened in Nigeria.
Speaking at the ISSA Technical Seminar in Abuja recently, she said the steps taken were to build a more inclusive, transparent, and responsive pension system, where communication serves not just as information, but as a bridge to trust, accessibility, and sustained industry growth.
According to her, the Contributory Pension Scheme (CPS) has, over more than two decades, built a strong institutional foundation, but true inclusion goes beyond coverage to require trust and clear communication.
For this reason, PenCom has prioritised the Personal Pension Plan, strengthened stakeholder engagement, and invested in digital channels that reach contributors in accessible and relatable ways, she stated.
Ms Oloworaran further stressed that, “Effective communication is not a soft complement to regulation; it is a core instrument of coverage expansion, compliance, and public confidence.
“Every circular we issue, every benefit we pay, and every reform we introduce ultimately succeeds or fails on whether our members can understand it and act on it.”
The ISSA Technical Seminar, themed Improving Inclusivity and Accessibility of Social Security Services Through Effective Communication, was organised in collaboration with the International Social Security Association (ISSA).
It brought together key stakeholders across West Africa to advance dialogue on strengthening social security systems through clearer, more inclusive engagement.
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