General
Certificate Saga: Adeosun’s Silence Very Dangerous—SERAP
By Dipo Olowookere
Nigeria’s Minister of Finance, Mrs Kemi Adeosun, has been urged to “without further delay show responsibility and clear the air over the damaging certificate forgery allegations against her and settle the facts of the case once and for all.”
This appeal was made by a popular group known as the Socio-Economic Rights and Accountability Project (SERAP).
In a statement issued on Sunday by SERAP’s deputy director, Mr Timothy Adewale, the group warned that, “Suspicions of certificate forgery involving a senior member of the government if not urgently and satisfactorily addressed would weaken public trust in the government’s oft-expressed commitment to transparency and accountability.”
Several days after being accused of forging her National Youth Service Corps (NYSC) exemption certificate, Mrs Adeosun is yet to make any official statement in reaction to the alleged scandal.
But Mr Adewale emphasised that, “Clarifying the allegations of certificate forgery would show a commitment to doing the right thing, and a natural disposition toward openness.”
He warned further that, “The continuing failure and/or refusal to speak to Nigerians on these allegations amounts to a betrayal of public trust.”
According to him, “If she can show the courage to clear the air on the allegations, Mrs Adeosun can be a strong promoter of the values of transparency and accountability, something which the government of President Muhammadu Buhari has regularly expressed commitment to embrace and achieve.”
SERAP stressed that, “The failure to address the allegations may create public anger and lead to accusation of cover-up. The public can become passive and cynical if it believes that people in position of public trust are out for themselves. It is the core responsibility of any senior public official to prevent that cynicism.”
According to the organization, “When those in position of public trust refuse to speak up on allegations bordering on certificate forgery, it invariably creates a psychological climate, a moral culture in which citizens are more likely to embrace illegal actions and choose to undertake them.”
Mrs Adeosun, who was born in England in 1967, pursued all her education career in the country, which colonised Nigeria, and graduated in 1989 at the age of 22 from the Polytechnic of East London, now University of East London.
Having graduated before the age of 30, she was by the provisions of the NYSC Act supposed to undergo a mandatory service year for her to qualify for any position, be it in public or private sector in Nigeria.
Mrs Adeosun reportedly obtained the certificate in question 20 years after her graduation in September 2009. The certificate, according to reports, was purportedly signed by a late Director General of the scheme, Mr Yusuf Bomoi, who was said to have retired from service eight months earlier than the date the minster obtained the document.
The management of NYSC admitted that the Minister had actually applied for an Exemption Certificate but was not specific whether Mrs Adeosun had been issued the certificate.
In a statement signed by the Director, Press and Publications Relations, Mrs Adenike Adeyemi, the scheme said it would investigate the origin of the purported Exemption Certificate in question.
Also, the Minister of Youths and Sports, Mr Solomon Dalung, had summoned the Director General of NYSC, Brigadier General Suleiman Kazaure, to obtain first-hand information from the DG on what transpired and how far the scheme had gone with the investigation.
Mr Dalung promised that as soon as he was done getting the brief from the NYSC boss, he would brief Nigerians on the matter
Eligible Nigerians who skipped the service are liable to be sentenced to 12 months imprisonment and/or N2,000 fine, according to Section 13 of the NYSC Act. Section 13 (3) of the Act also prescribes three-year jail term or option of N5,000 fine for anyone who contravenes provision of the law.
Subsection 4 of the same section also criminalises giving false information or illegally obtaining the agency’s certificate. It provides for up to three-year jail term for such offenders.
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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