General
Dipo Awojide, Others for NGX Group’s Hybrid Symposium to Celebrate Women

By Aduragbemi Omiyale
On Wednesday, March 8, 2023, the Nigerian Exchange (NGX) Group Plc will organise a hybrid symposium aimed at celebrating International Women’s Day (IWD).
The event, themed Embrace Equity: Setting the Standard for a Sustainable Future, is scheduled to commence by 1:00 pm, with several personalities billed to attend.
Some include the Regional Director of IFC, Dahlia Khalifa, who will deliver the keynote speech on Promoting Equity for Women and Men for a Sustainable World; the co-chair of Women Executives on Board Network, Rosie Bichard; and the CEO of NGX Regulation Limited, Ms Tinuade Awe.
Others are the Chairperson of NGX RegCo, Mrs Catherine Echeozo; the Chairperson of NGX Real Estate Limited, Erelu Angela Adebayo; the Country Representative for Nigeria and ECOWAS at UN Women, Beatrice Eyong; a member of the NGX Group board, Mrs Ojinika Nkechinyelu Olaghere; the Divisional Head of Business Support Services at NGX, Mrs Irene Robinson-Ayanwale; the Executive Director at United Nations Global Compact Network Nigeria, Ms Naomi Nwokolo; the Group CEO of NGX Group, Mr Oscar Onyema; the Senior Country Manager for Nigeria at IFC, Kalim Shah; and the CEO of NGX Limited, Mr Temi Popoola.
Guests on a panel discussion on Embrace Equity: Creating Safe Spaces for Women to Thrive are the CEO of Aruwa Capital Management, Adesuwa Okunbo-Rhodes; an actress and entrepreneur, Kate Henshaw; the convener of Lady Wheelers Association, Nkechi Abiola; the Head of Product Development at NGX, Chidinma Chukwueke-Okolo; the founder of BTDT Hub, Dr Dipo Awojide; and the founder of Wariff, Dr Kemi Dasilva-Ibru.
NGX Group disclosed that it was putting up this event in line with its objectives to accelerate progress and impact the advancement of women across all spheres of life.
The programme will feature discussions that highlight the business case for diversity, equity and inclusion as the pathway to a sustainable economic future.
Members of the stockbroking community, issuers, analysts, regulators, media and other interested participants can register to attend via http://bit.ly/ngx-iwd-2023.
Globally, International Women’s Day is a date set aside to celebrate the social, economic, cultural and political achievements of women.
The exchange will join others across the world to Ring the Bell for gender equality.
General
Lagos Launches 2026-28 Medium-Term Sector Strategy Roll-Over Exercise

By Adedapo Adesanya
The Lagos State Government has officially launched its annual Medium-Term Sector Strategy (MTSS) Roll-Over Exercise for the 2026–2028 planning cycle.
According to a statement, this reaffirms its commitment to sustainable development and effective governance.
Speaking at the opening session of the workshop yesterday at the LCCI building, Ikeja, the Permanent Secretary of the Ministry of Economic Planning and Budget, Mrs Olayinka Ojo, welcomed stakeholders and emphasized the importance of the MTSS as a cornerstone in the State’s planning framework.
Mrs Ojo stated that the strategy is to ensure that all projects and programs initiated by Ministries, Departments, and Agencies (MDAs) are not only well-prioritized and realistically costed but also aligned with the Lagos State Development Plan (LSDP) 2052.
Her words, “The vision of our dear State, under the dynamic leadership of Governor Babajide Olusola Sanwo-Olu, is to build Africa’s model megacity — a global economic and financial hub that is safe, secure, functional, and productive.”
“Achieving this vision requires deliberate planning, effective resource allocation, and a disciplined approach to project execution,” she said.
The roll-over session, which gathered representatives – economic planning officers and statisticians/statistical officers from various MDAs and development partners, aims to critically assess ongoing and proposed initiatives for their transformational impact, alignment with sectoral strategies, and responsiveness to current fiscal realities.
“We must ask ourselves: Are these projects truly transformational? Are they aligned with our long-term goals? Are they cost-effective and impactful?” the Permanent Secretary queried, urging participants to embrace openness and professionalism in their evaluations.
The event also underscored the need for flexibility and innovation in government planning amid global uncertainties. Officials called for future-proof and sustainable programs capable of delivering measurable benefits to Lagos residents.
The Economic Planning Department of the Ministry of Economic Planning and Budget was commended for its coordination of the exercise, with special appreciation extended to MDAs and development partners for their continued collaboration.
The roll-over exercise is expected to culminate in a refined set of priorities that will guide Lagos State’s development agenda for the years ahead.
General
UK Distances Self from Soldier Involved in Illegal Arms Deal in Nigeria

By Adedapo Adesanya
The British Government has distanced itself from the actions of Mr Micah Polo, an alleged British army officer, who was recently apprehended in connection with arms procurement and an alleged plot to instigate unrest in Warri, Delta State.
The development has received widespread condemnation with many stakeholders demanding a thorough probe of the indicted soldier and alleging that the UK was fuelling instability in the country.
In a short statement shared with Business Post on Wednesday, the British High Commission acknowledged that the individual identified did serve as a junior rank in the UK Armed Forces Reserves but was later discharged. It didn’t provide further details.
According to a statement credited to an unnamed spokesperson, the British High Commission in the statement said, “The individual identified in recent Nigerian media reporting is not a serving member of the UK Armed Forces.”
The British High Commission added that whilst in the Reserves, Mr Polo was a junior rank not a commissioned officer. Many reports had ascribed him a Major.
This newspaper learnt that UK common law and Data Protection Act protects the personal details of current and former employees, hence why it was not able to release any additional information on the matter.
According to reports, Mr Polo, an Itsekiri by origin, was allegedly recruited by one Collins to procure weapons and ammunition intended to fuel tribal tensions in the oil-rich region.
However, operatives of the Department of State Security (DSS) from the Delta Command were said to have foiled the move on Friday night and arrested the arms supplier during a covert exchange near Asaba, Delta State.
During the operation, over 50 AK-47 rifles, six pump-action shotguns, and more than 3,000 rounds of ammunition were confiscated.
Mr Polo, on the other hand, was intercepted in Lagos as he attempted to board a flight to the United Kingdom, while his associates were apprehended in Asaba during the operation.
General
FG Plans Centre to Tackle Immigration Document Fraud

By Adedapo Adesanya
The Minister of Interior, Mr Olubunmi Tunji-Ojo, has announced plans to establish a harmonised centre to combat immigration document fraud.
Speaking while receiving the UK Minister of State for Home Affairs, Mr David Hanson, in his office in Abuja, Mr Tunji-Ojo highlighted the need for a centralised system to verify documents in real time.
“One of the key issues we also realised with border control is what we call immigration and document fraud. It is very key and we realised that one of the reasons why this is quite on the rise is because there is no centralised pool of authentication and verification of documents in real time.
“So, today, if people submit 20 documents, you might need to go to 20 issuing agencies to verify 20 documents belonging to one person. So, if you have 1,000 people per day, you might need to look for 100,000 verification and authentication systems. That breeds inefficiency,” he said.
Mr Tunji-Ojo added that the centre would authenticate documents like passports, birth certificates, and bank statements, enhancing Nigeria’s image and investor confidence.
“As a government, we are trying to be more proactive than reactive, and we don’t want to judge our performance in terms of fraud by virtue of recoveries or convictions, but rather by the number of crimes or frauds that we prevented from happening,” he stated.
On his part, Mr Hanson emphasised the shared agenda between Nigeria and the UK to improve criminal justice outcomes.
“There is a great common agenda that we can share and I am particularly keen to look at how we are working together closely. My visit this week will also look at the new joint centre that you are undertaking,” he said.
He noted ongoing UK-Nigeria collaboration on migration policies, visa systems, and trade, following Mr Tunji-Ojo’s recent meeting with UK Home Secretary, Ms Yvette Cooper.
The UK delegation included officials from the Home Office, National Crime Agency, and UK High Commission in Nigeria.
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