General
Afenifere’s Support for Peter Obi Good for Nigeria’s Unity—SERG
By Modupe Gbadeyanka
The endorsement of the candidate of the Labour Party, Mr Peter Obi, by a pan-Yoruba socio-political group, Afenifere, has been applauded by a pan-Igbo socio-political pressure organisation, the South East Revival Group (SERG).
In a statement issued in Abuja by the president and national coordinator of SERG, Mr Willy Ezugwu, the group said the support for the former Governor of Anambra State for the 2023 presidential election was good for the unity of Nigeria.
The leader of Afenifere, Pa Ayo Adebanjo, had said for equity, justice and fairness, the organisation would be throwing its weight with the candidate of Igbo extraction as it was the turn of the South East to govern Nigeria.
“The unequivocal support coming from credible South West political bloc, which the Afenifere represents, is a support for equity and justice, which will boost Nigeria’s national unity,” SERG said.
It maintained that “the renewed declaration of support for the Peter Obi presidential bid, alongside his running mate, Yusuf Datti Baba-Ahmed, by the Afenifere has demonstrated that there are still individuals and groups around who love the country and would sacrifice anything to keep Nigeria united and prosperous.
“The support by Afenifere is in line with the advocacy sustained by the former Executive Governor of Kaduna State and elder statesman, Alhaji Balarabe Musa, ahead of the 2023 general elections before his death.
“Alhaji Balarabe Musa had urged Nigerians to give the South East the chance to produce the next President of Nigeria in 2023 to give the region a sense of belonging.
“We, therefore, totally agree with Pa Adebanjo that by the Afenifere’s support, the group is contributing to shaping Nigeria into a truly Federal Republic where no person or ethnic nationality would be sidelined or oppressed.
“We recognize the fact that Afenifere, as well as the Southern and Middle Belt Leaders Forum, have been consistent in their advocacy for restructuring and, by extension, the need for a Nigerian President of South East extraction as part of efforts towards national integration.
“With this reiterated endorsement from the Afenifere against all odds, it should now sink into the minds of all Nigerians, especially South East political leaders, that the Peter Obi presidential bid is devoid of ethnic colouration and must be embraced by all and sundry in Igboland.
“We, therefore, call on all Igbo sons and daughters to join the support train, not because Peter Obi is an Igbo but because he has proven to be competent with a reasonable understanding of Nigeria’s problems and how they can be fixed.
“Nigeria is greatly troubled in every sector, with complications from security challenges as evident in all parts of the country, and we need urgent rescue from total collapse.
“Peter Obi has a track record of integrity, competence, and proven performance and has expressed his readiness to work with Nigerians of all tribes and religions to make the country work again by focusing on production, which will boost the country’s economy and return the country to the path of recovery and prosperity,” the SERG said.
General
NECA’s Annual Retreat for Business Managers, Executives Holds April 16
By Aduragbemi Omiyale
The annual retreat for business managers and executives organised by the Nigeria Employers’ Consultative Association (NECA) will take place from April 16 to 18, 2026, at the AAE & T Hotel, Kuto, Abeokuta, Ogun State.
This year’s edition is themed The Resilient Enterprise, People and Systems: Building and Managing Businesses that Outlive Seasons, Cycles and Crises.
The programme aims to equip leaders with the insights, tools, and networks required to build resilient organisations in an increasingly complex business environment.
It will provide a unique platform for executive-level engagement through high-level conversations, peer learning sessions with experienced leaders, strategy reflection workshops, and curated networking opportunities.
Expected to attend are industry leaders, senior executives, and business managers from across sectors. They will explore strategies for sustaining organisational performance through leadership transitions, economic cycles, regulatory shifts, and market disruptions.
Participants will also benefit from interactive discussions focused on strengthening corporate governance, developing agile leadership capabilities, and building organisational systems that can withstand periods of uncertainty and transformation.
A notice from NECA said the event is open to both members and non-members, with participation fees set at N300,000 for members and N320,000 for non-members. Discounts will also be available for Gold and Silver members, subject to applicable terms and conditions.
Interested participants are encouraged to register via the official registration link to secure their place at the retreat, which promises to deliver valuable insights and connections for executives seeking to build enterprises capable of thriving through seasons of change and uncertainty.
The Director-General of NECA, Mr Adewale Smatt-Oyerinde, noted that by convening business managers and senior executives in a collaborative learning environment, the association aims to contribute to the development of stronger, future-ready enterprises that can drive economic growth, create jobs, and support national development even in the face of evolving global and local challenges.
He added that the retreat will provide executives with the opportunity to step away from daily operational demands and engage in deeper strategic conversations with peers and industry experts.
“The theme of this year’s retreat speaks directly to the realities businesses face today. Across sectors, organisations are navigating leadership transitions, regulatory shifts, economic pressures, and technological disruption.
“What distinguishes enduring enterprises is their ability to build strong systems, develop capable leaders, and create organisational cultures that can adapt and respond effectively to change,” the NECA chief said.
General
Egbin Power Commissions 80 New Staff Housing Units
By Modupe Gbadeyanka
In further demonstration of its unwavering commitment to its workforce, Nigeria’s foremost power generation company, Egbin Power Plc, has unveiled 80 new residential housing units for employees within its plant premises in Egbin, Lagos State.
This comprises 40 fully furnished three-bedroom apartments and 40 furnished studio apartments, all designed to contemporary standards.
The units feature modern infrastructure and thoughtfully planned utilities, creating a safe, comfortable, and conducive living environment that supports both employee productivity and family well-being.
This strategic investment underscores the company’s philosophy that a well-supported workforce is fundamental to sustained operational excellence.
The new housing units are part of a holistic strategy to cultivate a stable, motivated, and future-ready workforce.
This strategy extends beyond infrastructure to encompass robust career development and recognition. Over the past three years, Egbin Power has promoted 112 employees across various cadres, reinforcing a culture that rewards merit, performance, and long-term dedication
“At Egbin Power, our people are our most valuable asset. Even amidst the prevailing liquidity and operational realities within the broader power sector, our focus on employee welfare has remained deliberate and consistent.
“This significant expansion of our residential estate is a tangible expression of that commitment.
“It is one of several key initiatives aimed at ensuring our employees feel genuinely supported, allowing them to thrive both personally and professionally,” the chief executive of Egbin Power, Mr Mokhtar Bounour, said.
Initiated in 2025 and completed in January 2026, this project is the latest milestone in Egbin Power’s structured and ongoing approach to enhancing employee welfare. It reflects the energy firm’s dedication to fostering a culture where every team member feels valued, secure, and motivated.
General
NGX Group, CSCS, WIMBIZ to Ring Bell for Gender Equality
By Aduragbemi Omiyale
On Tuesday, March 10, 2026, at the Nigerian Exchange Group House in Lagos, the role of capital markets in promoting gender equality will be reemphasised through the closing gong ceremony in commemoration of International Women’s Day 2026.
The ceremony is part of the global Ring the Bell for Gender Equality campaign, which mobilises stock exchanges worldwide to expand women’s participation in the economy and advance gender-inclusive practices.
In Nigeria, the NGX Group is partnering with the Central Securities Clearing System (CSCS) Plc and Women in Management, Business and Public Service (WIMBIZ) to make it memorable under the theme Rights. Justice. Action. For ALL Women and Girls.
Dignitaries expected at the ceremony include the Minister of State for Foreign Affairs, Mrs Bianca Odumegwu-Ojukwu; the First Lady of Imo State, Mrs Chioma Uzodimma; the Executive Commissioner for Legal and Enforcement at the Securities and Exchange Commission (SEC), Ms Frana Chukwuogor; foremost actor, Ms Funke Akindele; a Director at the NGX Group, Ms Ojinnika Olaghere; and another staffer of NGX Group, Mrs Fatima Wali-Abdulrahman, alongside board members of NGX Group, regulators, capital market stakeholders, and industry leaders.
NGX Group is joining other exchanges worldwide in sounding the NGX Gong to underscore the importance of inclusive leadership, equal opportunities, and stronger market accountability in advancing gender equality.
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