General
AXA Mansard Sweeps Prestigious Awards at 2024 CIPM HR Oscars
By Modupe Gbadeyanka
The 2024 Chartered Institute of Personnel Management (CIPM) HR Oscars held in Abuja recently saw AXA Mansard as one of the biggest winners.
The leading insurance firm was recognised for Best HR Practice (Insurance Category), Employee Engagement, and Internal Communications Initiative.
Also, the member of the AXA Group was the second runner-up overall in Nigeria for the 2024 HR Best Practice Award.
According to the Chief Client Officer of AXA Mansard, Ms Rashidat Adebisi, the awards underscore AXA Mansard’s unwavering commitment to fostering an engaging, stimulating, and progressive workplace for its people.
She remarked further that the company believes that living out its customer-first value should begin with a positive employee experience. AXA’s HR policies and practices are thus deliberately tailored to be people-oriented.
“We are convinced that when we care for our employees, they will care for our customers, and everybody wins. The customers win, the employees are fulfilled, the society is better, and the marketplace prospers”, she said.
“So, to be awarded three awards by a prestigious human capital institution such as CIPM is something we take seriously. It is a confirmation that our people philosophy is in tune with the realities of today’s workforce requirements.
“I congratulate our HR team for consistently embodying our Employee Value Proposition. I understand the dedication and precision involved in achieving each of these awards, so winning three in a single year is a clear testament to the great work we are doing for our employees.
“This achievement not only solidifies our position as an industry leader but also reaffirms our commitment to being a people-oriented, role-model organization,” she added.
Also, the General Counsel and Human Resources Director of AXA Mansard, Ms Omowunmi Mabel Adewusi, noted that the awards are another testament to the organization’s HR best practices and their real impact on the employee’s total well-being.
“These awards underscore that our Dare and Care philosophy is a driving force within our organisation. Being recognized as the company with the Best HR Practice within the insurance sector—and across multiple industries in Nigeria—is a significant accomplishment.
“This recognition reflects the bold, forward-thinking policies and initiatives we have put in place to ensure our employees are engaged, productive, and find purpose in their work each day.
“For example, our AXA We Care program offers employees benefits such as menstrual leave, paternity leave, psychological assistance, caregiver leave, maternity leave, teleconsultation services, free medical check-ups, minimum financial coverage in the case of cancer, and many more.
“We understand, for example, that women’s menstrual cycle is not what we are culturally tuned to discussing, especially with managers of the opposite sex. But it’s a key part of the women’s wellbeing, so what we have done is to ensure that women can take leave days if they need to during their monthly cycle.”
The CIPM promotes excellence in people management through value creation, optimisation of human potential, and standardization, as well as regulation of Human Resource Management.
The HR Oscars aims to identify best practices and recognize achievements. Its assessment for recognition is based on the demonstrated proof of positive business impact based on the change, initiative, program, or process improvement described in the submissions.
The AXA We Care programme is deployed under four main policy pillars;
Caregiver policy: This policy provides employees caring for immediate family members who require elder care or care due to a serious health condition and disability with up to five days of fully paid leave.
Domestic and sexual violence policy: AXA stands against domestic and sexual violence. For any employee impacted by such a situation, AXA commits to providing access to psychological support, specialist support services, flexible working arrangements, and five days of fully paid leave.
Parental policy: Besides the existing fully paid maternity leave for female employees, the We Care program provides an extended fully paid paternity leave for male employees for up to 10 working days. Additional leave and flexible working arrangements will be offered to support employees receiving and recovering from in-vitro fertilization or in the case of pregnancy loss.
Healthy You program: Launched in 2020, this health and wellbeing program provides AXA employees with benefits such as psychological assistance, teleconsultation services, medical check-ups, minimum financial coverage for cancer, and more. The program will expand further to include a supportive working environment for employees experiencing menstrual health conditions, menopause, or andropause.
General
Customs, NMDPRA Strengthen Interagency Efforts Against Fuel Diversion
By Adedapo Adesanya
The Nigeria Customs Service (NCS) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) are strengthening their collaboration to combat the diversion of petroleum products intended for domestic use and to safeguard Nigeria’s energy security.
This renewed partnership was highlighted during a meeting between Comptroller General of Customs, Mr Adewale Adeniyi and the NMDPRA Executive Director of Distribution Systems, Storage and Retailing Infrastructure, Mr Ogbugo Ukoha, at Customs House, Maitama, Abuja.
During the engagement, Mr Adeniyi reaffirmed the service’s commitment to strengthening inter-agency cooperation, particularly in safeguarding Nigeria’s domestic energy security and ensuring that petroleum products meant for local consumption are not diverted to neighbouring countries.
He noted that collaboration between both agencies had already produced measurable results, especially through Operation Whirlwind, which he described as a model for intelligence sharing, joint enforcement and coordinated field operations.
He said the Nigeria Customs Service remains fully aligned with ongoing reforms in the petroleum regulatory space and will continue to provide technical input, operational feedback and border management expertise to support the implementation of new guidelines being developed by the NMDPRA.
He commended the Authority for its efforts to harmonise legacy processes with the Petroleum Industry Act, stressing that clear and efficient export point procedures are essential as Nigeria moves from being a net importer to an emerging exporter of petroleum products.
“We welcome every initiative that strengthens energy security and ensures that the gains made in reducing cross border diversion are not reversed. Our shared responsibility is to protect national interest, support legitimate trade and maintain a transparent system that stakeholders can rely on. We will continue to work closely with sister agencies to achieve these outcomes,” he stated.
In his remarks, the Executive Director, Mr Ukoha, said the NMDPRA enjoys a longstanding and productive working relationship with the Nigeria Customs Service, noting that Operation Whirlwind remained the high point of that collaboration.
He explained that both agencies deployed personnel, exchanged intelligence and jointly monitored petroleum products in border corridors, leading to a marked reduction in cross border diversion.
Ukoha said the purpose of the visit was to brief the CGC on newly developed guidelines for designating export points for petroleum products as Nigeria’s refining capacity expands.
He said the NMDPRA is engaging key institutions, including Customs, the Central Bank of Nigeria (CBN), the Federal Ministry of Industry, Trade and Investment, and the Nigerian Navy, to ensure the guidelines reflect operational realities before implementation.
The NMDPRA executive recalled several field operations and strategic engagements with the Customs leadership, including the joint launch of Operation Whirlwind in Yola, where both agencies reinforced their commitment to curbing diversion and securing the domestic supply chain.
He added that while enforcement had played a major role in reducing irregular movements of petroleum products, the removal of fuel subsidy had significantly reduced the economic incentive for cross border smuggling.
According to him, the authority will continue to work closely with the Customs Service to sustain progress and ensure that petroleum exports are properly regulated without exposing the country to energy security risks.
General
Dangote Publishes Details of Farouk Ahmed’s Swiss School Fees for Kids
By Adedapo Adesanya
The president of Dangote Group, Mr Aliko Dangote, has published details alleging extensive foreign education expenses made by the chief executive of the Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed, on four children in a new turn of event between the businessman and regulators.
Speaking on Sunday, the business mogul alleged that Mr Ahmed paid about $5 million for the secondary school education of his four children in Switzerland, and wondered how the government official could afford to pay such amount of money when there are several students in the home state of Mr Ahmed, Sokoto State. He threatened to published more details.
In the latest illustrated claims, Mr Dangote alleged that Mr Ahmed’s children attended secondary schools in Switzerland for about six years each. He listed the schools as Montreux School, Aiglon College, Institut Le Rosey and La Garenne International School. He named the children of Mr Ahmed as Faisal Farouk, Farouk Jr., Ashraf Farouk, and Farhana Farouk.
Mr Dangote alleged that the total cost of secondary education for the four children — covering tuition, upkeep, travel and related expenses exceeded $5 million.
He further claimed that an additional $2 million was spent on university education for the four children over a four-year period.
Specific figures were also cited for 2025, with Mr Dangote alleging that about $210,000 was spent on one child’s Master of Business Administration programme at Harvard University.
The breakdown reportedly includes $150,000 for tuition and $60,000 for accommodation, travel and other incidentals.
The claims have not been independently verified by Business Post at the time of filing this report but Mr Dangote revealed these details in an advertorial in most of the national newspaper on Tuesday.
Also, Mr Ahmed has yet to publicly respond to the allegations.
Mr Dangote earlier called on the authorities to institute a full scale investigation into the activities of the NMDPRA boss, with the outcome made public.
General
Supreme Court Empowers Tinubu to Declare Emergency Rule, Suspend Elected Officials
By Adedapo Adesanya
The Supreme Court has upheld the power of the President to declare a state of emergency in any state to prevent a breakdown of law and order or degeneration into a state of chaos or anarchy.
In a split decision of six-to-one, the apex court held that the President, during a state of emergency, can suspend elected officials, but within a limited period.
In the lead majority judgment, Justice Mohammed Idris held that Section 305 of the Constitution empowers the President to deploy extraordinary measures to restore normalcy where emergency rule is declared.
Justice Mohammed Idris noted Section 305 was not specific on the nature of the extraordinary measures, thereby granting the President the discretion on how to go about it.
The judgment was on the suit filed by Adamawa State and 10 other Peoples Democratic Party-led states challenging the propriety of the state of emergency declared by President Bola Tinubu in Rivers State, during which elected state officials, including Governor Siminalayi Fubara, were suspended for six months.
On March 18, President Tinubu declared a state of emergency in Rivers State following a reported attack on crude oil pipelines; and in the same breath, suspended the sitting governor and his deputy, Mrs Ngozi Odu. He then put in place a sole administrator.
This was challenged at the apex court by some states.
Justice Idris, in the earlier part of the judgment, upheld the preliminary objections raised by the two defendants against the competence of the suit.
In upholding the objections raised by the Attorney General of the Federation (AGF) and the National Assembly (the defendants), Justice Idris held that the plaintiffs (the 11 PDP states) failed to establish any cause of action capable of activating the original jurisdiction of the apex court.
He struck out the suit for want of jurisdiction, proceeded to also determine the case on the merits, and dismissed it.
However, Justice Obande Ogbuinya dissented and held that the case succeeded in part.
Among others, Justice Ogbuinya held that although the President could declare a state of emergency, he cannot use such powers as a tool to suspend elected state officials, including governors, deputy governors, and members of parliament.
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