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40 Complete Ikeja Electric’s Youth Empowerment Program

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No fewer than 40 young persons have completed a training exercise put together by Ikeja Electric Plc and Slot Foundation.

They underwent a skill acquisition and capacity building empowerment scheme tagged Youth Empowerment Program (YEP), one of the Corporate Social Responsibility (CSR) initiatives of the electricity firm designed to empower youths who are mainly residents of its host communities, to be economically and socially responsible through technical skill acquisition.

The training session lasted for three months and was held at the Slot Academy, with participants selected from across the Ikeja Electric host communities. They were trained in computer, phones and accessories maintenance and repair as well as business entrepreneurship ideas web design, hoisting and maintenance.

Speaking during the graduation ceremony last week, Chief Executive Officer of Ikeja Electric, Mr Anthony Youdeowei, noted that the company has demonstrated its commitment to improving the quality of lives of residents of its areas of operation as evidenced by the impact of its personal CSR initiatives across its network, since inception.

According to a World Economic Forum report on youth population in 2018, four in every 10 people are aged under 25 and they constitute 42 percent of the global population. Nearly half of the World’s young people live in sub-Saharan Africa

“So, it becomes imperative that young people are empowered to earn a living through entrepreneurship. This effort is also a crucial contribution to poverty reduction which is the whole idea behind Ikeja Electric’s support for this laudable project”, Mr Youdeowei stressed.

He commended Slot Systems Limited for partnering with Ikeja Electric to achieve this milestone initiative, saying, “We are very delighted to have partnered the leading household name in Phone and computer repairs. We have no doubt that the knowledge that these youth have gained in this program will equip them adequately as they venture into the world of entrepreneurs.”

He noted that the YEP Initiative has the potential of integrating the values of a good and productive citizenship in our youths, by motivating them to lead a normal life and by providing them a platform to develop and showcase their skills.

Mr Youdeowei urged the beneficiaries to ensure that they make the best use of the opportunity that has been granted them, to achieve self-sufficiency.

“For those of you graduating today, you have made the right choice. I congratulate you and urge you all to make good use of this great opportunity given to you to set up your own business and become employers of labour,” he said.

Managing Director of Slot Systems Limited, Mr Nnamdi Ezeigbo, expressed delight at the partnership with IE, which he described as a collaboration of value.

In his words: “The training exercise for me is very impactful. It is the kind of empowerment that the young people should ask from the multi-national companies that are willing to create value for the society. Companies that are interested in Corporate Social Responsibilities.”

“We are not just saying that empowerment should be about giving people money. We feel that empowerment should be about skill acquisition. This programme will help young people to become skillful and help them to become employable and most of them might even chose to be self-employed,” he stated.

In recent times, Ikeja Electric has been at the forefront of youth empowerment with focus on improving the lives of customers within its host communities across its six Business Units with empowerment initiatives aimed at contributing to the growth of the society.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Nasarawa Orders Immediate Shutdown of Mining Activities in Endo Community

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Lideal Mining Company

By Adedapo Adesanya

The Nasarawa State government has ordered the immediate suspension of mining activities at Endo community in Udege, directing Lideal Mining Company to stop operations and vacate the site without delay.

The government also ordered an immediate halt to the movement of raw minerals from the location, tightening restrictions around the disputed mining area.

The latest intervention by the state government signals a tougher stance on mining operations considered capable of threatening public order or operating outside established procedures.

Announcing the decision in Lafia, the state capital, the Commissioner for Environment and Natural Resources, Mrs Margaret Elayo, said the action followed a series of consultations, stakeholder engagements and security assessments linked to activities within the affected mining cadastral unit.

She said the directive was issued in the public interest as part of efforts to maintain order, protect host communities and strengthen regulatory compliance in the state’s mining sector.

According to the commissioner, the company has been instructed to begin the immediate withdrawal of its mining equipment, heavy machinery, trucks, operational facilities and personnel from the site.

Mrs Elayo said the move aligns with the administration of Governor Abdullahi Sule, which has repeatedly pledged to enforce lawful mining practices, preserve peace in mining communities and build investor confidence through transparent regulatory processes.

She stressed that the government’s decision forms part of a broader plan to reposition the mining sector and ensure that mineral development does not undermine security, environmental standards or community stability.

To enforce compliance, the state government has directed the deployment of security personnel to the affected mining site to prevent unauthorised activities and ensure full adherence to the suspension order.

Nasarawa remains one of Nigeria’s key solid minerals states, attracting growing interest from mining investors because it contains lithium, tin, columbite and other strategic minerals.

However, increased mining activity has also heightened concerns around regulation, community disputes, environmental protection and security management.

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EFCC Arrests Convicted Ex-Power Minister Saleh Mamman

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EFCC Arrest Saleh Mamman

By Modupe Gbadeyanka

The recently-convicted former Minister of Power, Mr Saleh Mamman, has been arrested by the Economic and Financial Crimes Commission (EFCC).

Chairman of the EFCC, Mr Ola Olukoyede, during a press briefing in Abuja on Tuesday, said the former senior government official was apprehended this afternoon along with two others accused of shielding him.

Earlier this month, Justice James Omotosho of the Federal High Court in Abuja convicted Mr Mamman for N33.8 billion fraud after he was found guilty of a 12-count charge brought against him by the EFCC. He was sentenced to 75 years in prison, though he was not present in court on the day of his sentencing.

Speaking with journalists today, Mr Olukoyede said the convict was arrested at 3:30 am on Tuesday in a house in Kano, where he was allegedly being protected.

“Ladies and gentlemen, you will recall that sometime in January 2025, we filed charges against the ex-minister of power for allegedly converting over N33 billion – money that was set aside for the Mambilla and Zungeru power projects,” Olukoyede said during a press briefing.

“About 14 to 15 months down the line, specifically on the 7th of this month, we secured convictions on all 12 counts. Because the defendant was not present, the issue of sentencing was shifted. And on the 13th of this month, he was sentenced in absentia.

“Since then, we decided to open our intelligence surveillance to the public, looking for him all over the place. I am happy to announce to Nigerians that at about 3:30 a.m. this morning, we arrested Mr Saleh Mamman somewhere in Kano. We have discovered that he was actually being protected all this while,” he said.

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UK Backs Pan-African Founder Support Programme at London Tech Week

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UK Pan-African Founder Programme

By Adedapo Adesanya

The United Kingdom is deepening efforts to position itself as a preferred global expansion hub for African startups with the launch of the UK–Africa Ecosystem Week, a coordinated support programme to be delivered during London Tech Week.

Powered by the UK–Africa Sandbox and Ventures 54 in partnership with the UK Department for Business and Trade (DBT), the initiative is expected to provide African founders with structured support to navigate business, investment and networking opportunities in the UK market.

The programme is also backed by the UK Nigeria Tech Hub, the UK South Africa Tech Hub, London & Partners and the Mayor of London’s office, signalling growing institutional support for stronger commercial and technology ties between the UK and African innovation ecosystems.

According to the organisers, the initiative introduces a more coordinated approach to participation at London Tech Week, one of the world’s largest annual technology gatherings, which attracts over 100,000 participants across more than 500 events yearly.

Founders participating in the programme will gain access to curated sessions, concierge-style support services, dedicated workspaces, investor engagement opportunities and market entry guidance tailored to African technology companies seeking expansion into the UK.

A flagship UK–Africa Ecosystem Day will also bring together investors, policymakers, ecosystem builders and founders to discuss commercial expansion opportunities and partnerships between both regions.

Founder of Ventures 54 and UK-Africa Sandbox, Mr Anthony William Catt, said the initiative was developed in response to the increasing number of African startups travelling to London Tech Week over the last few years.

He explained that what started as informal networking gatherings under the London Africa Network had evolved into structured programming and has now scaled into a full week of activities aimed at helping founders maximise opportunities available within the UK ecosystem.

“This is about putting the right structure in place, so African founders have a dedicated support track to get the most out of the week and access the best of what the UK has to offer,” he said.

Speaking on the initiative, Acting His Majesty’s Trade Commissioner for Africa, Mr Ben Ainsley, described the UK as a natural destination for ambitious African startups due to its large technology ecosystem, deep venture capital market and access to global talent.

“The UK Government is committed to supporting high-growth international companies succeed in the UK and initiatives like the UK–Africa Sandbox demonstrate our focus on making it easier for African founders to access support and fully engage with the UK’s world-class innovation ecosystem.”

The programme is expected to attract delegations and founders from countries including Nigeria, South Africa, Kenya, Egypt, Algeria and Ghana.

Organisers added that the initiative would extend beyond London Tech Week through the broader UK–Africa Sandbox platform, which aims to support African founders entering the UK market while also creating pathways for UK startups seeking expansion opportunities across Africa.

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