General
Court Orders BEDC, NELM to Pay Ex-PHCN Staff N21.8m
The Nigeria Electricity Liability Management Ltd (NELM) and the Benin Electricity Distribution Company (BEDC) have been directed to pay the sum of N21.8 million to a former employee of the defunct Power Holding Company of Nigeria (PHCN), Mr Olufemi Bamidele.
The Presiding Judge of the Benin Division of the National Industrial Court, Justice Adunola Adewemimo, in his ruling, said the two organisations must pay the amount within 30 days.
Justice Adewemino said awarded N1.794 million to the former staff of the collapsed national electricity firm as cost of his medical bills in special damages, while the N20 million was awarded as general damages against the defendants.
According to the court, NELM took over the management and settlement of the PHCN, while BEDC took over the distribution of electricity in Ondo State that both sprouted out from the defunct PHCN and have a stake in the matter.
The claimant, Mr Bamidele, was employed as a Contract Staff by the defunct PHCN in 2008 and his appointment was formalised. He averred that on September 10, 2013, in the course of duty, he was injured and the incident left him unconscious and was treated for burns and other complications.
He averred further that some of his colleagues and officers in his cadre, who were not retained after the privatisation of PHCN, were paid off and got an average of N2 million as a result, but received nothing from the management of the company.
He pleaded further that he was never officially laid off at any point in time, but the company refused to absorb him back into its employment after the accident.
He claimed that he was subjected to the worst form of neglect and injustice by the defendants, ranging from non-payment of his medical bills to tactical lay off with his requisite entitlements left unpaid and no compensation for his permanent incapacitation and psychological trauma.
In response, the first defendant, NELM pleaded that the claimant went outside his official duties on the day of the incident as he was not authorised to rectify faults and he neither sought approval nor notify the office before embarking on the job that resulted in his injury.
The agency further added that the claimant did not take into consideration his safety as required of staff on field assignments and failed to take adequate measures that all their legitimate employees were paid off during the privatisation exercise that claimant was a contract staff and his employment was never formalised and not entitled to any of the reliefs sought.
On its part, the second defendant, BEDC, asserted that it did not inherit the liabilities of the defunct PHCN, and added that proper parties were not before the court, and no reasonable cause of action was disclosed against it, emphasising that the court lacked jurisdiction to entertain the suit.
In response, the claimant submitted that a panel was set up after the accident to verify if he had his safety equipment on at the time of the incident, and a report was equally issued confirming same.
Delivering judgment after careful evaluation of the submissions of both counsels, the trial judge held that the argument of the first defendant that the claimant’s appointment was never confirmed and formalised as a legitimate staff of the company at the time of the incident cannot exonerate them and will not preclude the defendants’ liability.
“It is clear that by the nature of the relationship between the claimant and the company, a service relationship exists, the general requirement of law is where there exists a service relationship between the employer and the employee, the former is under a duty to take reasonable care of the safety well-being of the latter in all circumstances of the case, so as to forestall any harm to others or expose him (employee) to unnecessary risk.
“The contention of the defendants’ witnesses that the claimant was issued safety gears which he did not use was not substantiated by credible evidence. The claimant has on the balance of probabilities established before this court that the defendants owed him a duty of care that was not exercised after the injury he sustained,” the judge ruled.
However, the Justice Adewemimo held that claimant did not place anything before the court or adduce any credible evidence on his entitlement to the said sum of N2 million as he did not also call any evidence from his colleagues to prove that they were indeed paid the said amount.
General
4th South Africa Focus Week Begins in Lagos to Strengthen Bilateral Ties
By Adedapo Adesanya
The South African Consulate General in Lagos, in partnership with Brand South Africa and the Development Bank of Southern Africa (DBSA), is hosting the 4th edition of the South Africa Focus Week in Lagos, Nigeria, from April 22 – 26, 2026.
The annual platform continues to grow as a strategic initiative aimed at fostering social cohesion between South Africans and Nigerians while positioning South Africa as a preferred destination for business, tourism, and education. Since its inception in 2023, South Africa Focus Week has attracted over 1,500 participants, bringing together stakeholders from across sectors, including trade and investment, arts and culture, tourism, aviation, and the culinary industry.
The 2026 edition holds particular significance as it coincides with the 30th anniversary of South Africa’s democratic Constitution, enacted in 1996, as well as 32 years of unbroken diplomatic relations between South Africa and Nigeria, established in February 1994. These milestones underscore the enduring partnership between the two nations, rooted in shared history and strengthened through formal agreements and ongoing collaboration.
The 2025 economic relationship between South Africa and Nigeria reflects a strategically significant, multi-dimensional partnership anchored in trade, energy security, investment flows, and strong institutional cooperation. While bilateral trade remains structurally imbalanced – with South Africa exporting US$468.48 million and importing $1.69 billion, resulting in a $1.22 billion deficit – this dynamic is largely driven by South Africa’s reliance on Nigerian crude oil, positioning the relationship as one of strategic interdependence rather than imbalance alone.
This partnership is further elevated by the relative economic weight of both countries. According to IMF projections, South Africa’s economy is valued at approximately $443.6 billion, while Nigeria’s stands at around $334.3 billion in nominal terms for 2026. As two of the largest economies on the continent, their bilateral engagement constitutes a central axis of African economic activity, with disproportionate influence on the success of continental integration efforts.
Beyond trade, the relationship is reinforced by deep two-way investment linkages. South African firms -including MTN Group, Shoprite, and Standard Bank – maintain a strong presence in Nigeria, while Nigerian companies such as Access Bank and Paystack have established a growing footprint in South Africa. Although investment flows are asymmetrical and some Nigerian firms have faced operational challenges, these exchanges reflect an emerging bi-directional economic corridor that extends beyond goods trade into services, finance, and digital innovation.
Aligned with Brand South Africa’s mandate to build the country’s global reputation and competitiveness, the week-long programme will convene leaders from government, business, civil society, academia, and the media. Discussions will focus on leveraging the African Continental Free Trade Area (AfCFTA) as a tool for market access and global positioning, with Nigeria serving as a key focal point.
The South Africa Focus Week has features a series of high-level engagements and cultural activities designed to deepen economic ties and promote collaboration: South Africa–Nigeria Infrastructure Investment Conference (April 22, 2026) which was held under the theme South Africa–Nigeria Partnership: Unlocking Infrastructure Opportunities,” the conference will bring together key stakeholders in infrastructure development to explore collaborative projects in road, rail, and transportation systems.
The forum also examined the role of Public–Private Partnerships (PPPs) and facilitated discussions on project financing and implementation with institutions such as the DBSA and Nigeria’s Infrastructure Concession Regulatory Commission (ICRC).
This was followed by the 2nd Economic Diplomacy Roundtable (Thursday, April 23, 2026), which was hosted in partnership with MTN Nigeria under the theme Role of Technology in Infrastructure Development, the roundtable will convene senior government officials, private sector leaders, and industry experts to identify investment opportunities and strengthen strategic partnerships.
Friday, April 24, was for Arts and Culture Experience, which is a dedicated cultural day will showcase Lagos’ creative spaces and features a panel discussion on South Africa’s arts, film, music, and culture. The programme includes a South African film screening, engagements with filmmakers, and a networking reception aimed at fostering collaboration between the creative industries of both countries.
The event continues on Thursday, April 25, with Freedom Day Celebration and Closing Ceremony. This commemorative event will celebrate 30 years of South Africa’s Constitution, 32 years of freedom and democracy, and the enduring diplomatic relations between South Africa and Nigeria. The ceremony will also provide an opportunity to reflect on outcomes from the week and outline future areas of cooperation.
The celebration forms part of Brand South Africa’s Global South Africans Programme, which recognises and connects South Africans in the diaspora as ambassadors of the nation’s values and identity.
The week climaxes with the 4th edition of the South Africa Golf Tournament at Ikoyi Golf Club on Saturday, April 26, 2026, which will be done in partnership with Crossflex International.
According to a statement, the event aims to strengthen people-to-people relations through sports diplomacy, bringing together South African and Nigerian golfers in a spirit of camaraderie and collaboration.
General
EFCC Arrests Ex-Skye Bank Chair Tunde Ayeni Over Alleged Diverted Loans
By Modupe Gbadeyanka
The former chairman of the defunct Skye Bank Plc, Mr Tunde Ayeni, has been apprehended by the Economic and Financial Crimes Commission (EFCC).
Spokesperson of the anti-money laundering agency, Mr Dele Oyewale, confirmed the arrest of the businessman on Friday but declined to provide further details, according to TheCable.
Mr Ayeni was accused of diverting the N36.5 billion and $30 million loans from Polaris Bank Limited to companies with which he has links.
He was alleged to have obtained the credit facilities for marine security, electricity distribution, and real estate projects, but moved them to telecom investments tied to NITEL/MTEL assets via a NATCOM account.
After the Central Bank of Nigeria (CBN) revoked the operating licence of Skye Bank in 2018, it nationalised it to Polaris Bank.
The EFCC has been looking into the alleged diversion of funds by Mr Ayeni, resulting in his arrest in Abuja on Thursday, April 23, 2026.
He is being grilled over the matter and would be arraigned in court once the investigation is concluded.
This is not the first time Mr Ayeni has been nabbed and probed by the EFCC, as this happened a few months after his bank lost its licence.
The then acting spokesman for the EFCC, Mr Tony Orilade, said Mr Ayeni was quizzed by detectives over issues related to fraud and embezzlement allegedly committed by him when he was Chairman of the bank a few years ago.
General
Customs, Police Commence Tighter Security at Ports to Protect Oil Trade
By Adedapo Adesanya
“We are fully committed to working with the new Commissioner of Police and giving all necessary support towards the successful discharge of his responsibilities.”
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