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Black Soot: Wike Declares 19 Illegal Refinery Operators Wanted

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black soot

By Adedapo Adesanya

The Rivers State Government has declared 19 persons wanted for operating illegal crude oil refining sites allegedly responsible for the carcinogenic hydrocarbon soot prevalent in the state.

The state’s governor, Mr Nyesom Wike, in a statewide broadcast on Sunday reiterated the government’s resolve to tackle the soot pandemic by destroying and closing down operations of all identified illegal refinery operators in the state.

He also directed the Rivers State Head of Service to query one Mr Temple Amakiri, a Director in the Ministry of Energy, for abetting bunkering activities and hand him over to the police for investigation and possible prosecution.

He stated that following his 2022 New Year Message outlining measures to tackle the black soot menace, the state Task Force on Illegal Street Trading raided some illegal crude oil refining sites in Port Harcourt and arrested a number of recalcitrant persons.

“Furthermore, the following persons who have been identified as kingpins of bunkering and illegal crude oil refining activities in their communities have been declared wanted and directed to report themselves to the State Police Command, to whom we have already passed their details to:

“Mr Azubike Amadi, OSPAC Commander, Ogbogoro community and Chairman of Akpor Central OSPAC; Mr India, of Rumuolumeni community and Chairman of oil bunkering association in Akpor kingdom; Mr Okey who is in charge of oil bunkering in Rumupareli; Mr Anderson, who is in charge of oil bunkering activities in Ogbogoro community; Amadi Gift of Ogbogoro community; Azeruowa of Ogbogoro community; and Kingsley Egbula, also of Ogbogoro community.

“Also declared wanted are the following persons who are alleged to be in charge of oil bunkering activities in Isiokpo community: Mr Kemkom Azubike, Mr Mezu Wabali, Mr Chigozi Amadi, Mr Opurum Owhondah, Mr Bakasi Obodo, Mr Opus, Mr Galaxi Mas, Mr Chioma, Mr Ogondah, Mr Soldier, Mr Chefo, and Nkasi.

“We have also identified those behind illegal bunkering activities in Okrika communities, Port Harcourt Township, Rivers South-East and Rivers South-West Senatorial Districts and their names would be soon published and declared wanted if they fail to voluntarily report to the police,” he declared.

He urged residents of the state to report those involved in illegal crude oil refineries and other damnable activities to the Task Forces already set up at the state and local government levels for immediate action.

Governor Wike also reaffirmed the total ban on the use of motorcycles in Obio/Akpor and Port Harcourt councils, which was necessitated by the collective threat they posed to the security of lives and property.

“Any person or corporate entity that requires the use of motorcycle for any lawful purposes must therefore first apply to the office of the Governor for permit and proper documentation of the operational details and particulars of both the motorcycle and designated rider(s).

“Against this background, we are hereby issuing the final warning to all those operation motorcycles shuttles and or hawking foreign exchange along Birabi Street, Hotel Presidential, GRA junction by Zenith Bank up to Tombia Street to immediately leave or be arrested and prosecuted,” the Governor said.

The governor then accused the traditional leadership, including members of Community Development Committees and youth leaders of Rumuola, Rumuogba and Okoro-nu-odo communities of collecting money from vendors and allowing street trading activities around and under the flyovers in these communities.

“Consequently, I hereby direct the traditional leadership of Rumuola, Rumuogba and Okoro-nu-odo communities to immediately stop all street trading activities around, in or under the flyovers in their respective domains or be deposed, arrested and prosecuted.

“Similarly, the traditional leadership of Rumuwoji Mgbuduku, Obiekwe, Nkpolu-Oroworokwo, Abali, Rebisi, Rumukalagbor-Oroworokwo and Ezimgbu communities are hereby directed to enforce the ban and ensure that no form of trading takes place around and under the flyovers located in their communities,” Mr Wike stated.

He also placed a total ban on the use of umbrella and table trading stands in the entire old and new GRAs of Obio/Akpor and Port Harcourt City, Eleme councils.

According to him, the government has credible evidence that most of these purported traders in front of houses are informants who monitor and pass on vital details and information on the daily movement of very important persons to their criminal collaborators.

Governor Wike frowned at the failure of the Rumuokurushe traditional leadership to honour the terms of their undertaking not to allow any form of street trading on the Rumuokurushe market.

“Unfortunately, the Rumuokurushe traditional leadership has apparently failed to comply with or enforce this condition in that market and the government will not hesitate to again shut it down if the ongoing breach continues unabated,” he said.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Egbin Power Commissions 80 New Staff Housing Units

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Egbin Power 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.

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NGX Group, CSCS, WIMBIZ to Ring Bell for Gender Equality

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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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IWD: Dolapo Akanbi-Alade of Pathway Holdings Urges Stronger Inclusion of Women in Finance

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Dolapo Akanbi-Alade Pathway Holdings

By Adedapo Adesanya

The Executive Director/GCOO of Pathway Holdings Limited, Mrs Dolapo Akanbi-Alade, has called for increased inclusion of Nigerian women in finance as the world marks International Women’s Day 2026.

International Women’s Day 2026 is marked every March 8, and this year’s theme is Give To Gain.

In a statement shared with Business Post, Mrs Akanbi-Alade noted that while International Women’s Day highlights the need for gender equality, significant progress requires deliberate policies and systems that expand women’s access to finance and leadership opportunities.

She emphasised that many Nigerian women and women-led businesses still face limited access to finance, highlighting the urgent need for targeted inclusion initiatives.

“At Pathway Holdings, we empower women and give access to investment advisory, asset management, and lending solutions for institutions, high-net-worth individuals, and businesses. Ensuring that women and women-led enterprises can access these opportunities is critical to building a more inclusive financial system,” she added.

Mrs Akanbi-Alade said, “Women’s access to finance is not only a social responsibility but essential for national productivity and economic growth’’. She co-founded the following companies:

Pathway Asset Management Limited is registered and regulated by the Securities and Exchange Commission, Nigeria, as a Fund and Portfolio Manager. The product range includes Pathway Fixed Deposit Notes, Privately Managed Notes, Pathway Private Portfolio Management, Investment Advisory, and Mutual Funds, which will be launched soon.

Pathway Advisors Limited is registered and regulated by the Securities and Exchange Commission (SEC) as an Issuing House and financial adviser. Pathway Advisors’ services cover Mergers and Acquisitions (M&A), Capital-Raising, Financial Advisory, Rating Advisory, and Project and Structure Finance.

Fundbox Financial Services Limited is a wholly owned micro-lending company providing short-term personal and SME finance loans to salaried individuals, self-employed personnel, and small businesses. They offer services which include Cars4Cash, SME Loans, Personal Loans, and Group Employee Loans. Fundbox has successfully disbursed a wide range of loans to both corporate and individual clients, supporting their financial needs and business growth.

Pathway Holdings Limited is a notable investment holding firm focusing on private market investments, including private equity, private credit, and infrastructure. Pathway creates customised investment solutions for institutional investors and individuals, leveraging its extensive experience and local footprint.

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