General
ASUU Gives February Deadline Before Planned Strike
By Adedapo Adesanya
The Academic Staff Union of Universities (ASUU) has decided to hold on till February before embarking on a nationwide industrial action.
This follows intervention from the Nigeria Inter-Religious Council (NIREC) which plans to avert the strike action as the federal government was yet to fully fulfil its agreement with the academic pressure group.
The 50-member NIREC, under the co-chairmanship of the Sultan of Sokoto, Mr Muhammad Sa’ad Abubakar III; and the Chairman of the Christian Association of Nigeria (CAN), Mr Samson Olasupo Ayokunle, is also backed by the Bishop of the Catholic Diocese of Sokoto, Bishop Mathew Kukah, among other Christian and Muslim leaders.
ASUU had resolved to embark on industrial action to compel the federal government to meet its demands since last year, threatening strike action among government-owned universities.
However, following the intervention of NIREC, ASUU has opted to go for more consultations and to give the government a few days within January 2022 to address all outstanding issues arising from the December 2020 Memorandum of Action (MoA).
In an interview with THISDAY Newspaper over the weekend, ASUU President, Mr Emmanuel Osodake, said that the union had agreed to wait till February.
He also added that it has also submitted its position to NIREC which promised to help mediate and resolve the issues.
“ASUU leadership has agreed to wait till February to give NIREC and other stakeholders enough room to address the union’s grievances,” he said.
The decision of ASUU to suspend action till February is seen as bowing to pressure from prominent Nigerians and the leadership of NIREC comprising of the Sultan of Sokoto, the president of the CAN and other stakeholders.
Mr Osodeke noted that ASUU would resist any attempt to blackmail it and derail its patriotic struggle for a productive university system “by official propaganda founded on tokenism and crumb-sharing”.
Its earlier statement had summed up the decisions reached at the emergency National Executive Council (NEC) of the union held at its National Secretariat, University of Abuja.
The meeting was meant to review the level of government’s implementation of the FGN-ASUU Memorandum of Action (MoA) of December 23, 2020, and other related matters to decide on the way forward.
In deciding to stay action on strike, Mr Osodake said: “NEC took full account of efforts by student union bodies, leading media organisations, traditional rulers, civil society organisations and other interest groups within and outside Nigeria to make government address all outstanding issues arising from the December 2020 MoA”.
In particular, the ASUU president said the union took special cognisance of the pledges made by the NIREC to make further consultations on the crisis in the coming days to find an amicable resolution.
He accused the government of reneging on its promise to set up an inter-ministerial committee to handle renegotiation of the 2009 agreement.
One of the issues in contention is the delay in approving the University Transparency Accountability Solution (UTAS) developed by ASUU.
ASUU said it was fully prepared to address all the reports of the “integrity test” on UTAS raised by the Nigeria Information Technology Development Agency (NITDA) to pave way for its deployment.
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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