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Elections: Tinubu Accuses Buhari Administration of Sabotage

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Tinubu Abeokuta

By Modupe Gbadeyanka

The candidate of the ruling All Progressives Congress (APC) in the presidential election on February 15, 2023, Mr Bola Tinubu, has claimed that some powers that be in the administration of President Muhammadu Buhari were working to ensure he does not win the exercise, noting that they were behind the lingering fuel scarcity and the redesigning of the higher denominations of the Naira.

Last month, the Central Bank of Nigeria (CBN) introduced new N200, N500, and N1,000 notes into circulation. Later, the bank limited the amount of cash that can be withdrawn by customers across the channels.

This action was greeted with mixed reactions and the Department of State Services (DSS) later made attempts to arrest the Governor of the CBN, Mr Godwin Emefiele, who wanted to pick the sole presidential ticket of the APC until he was stopped by the court.

For almost the better of 2022, Nigerians had to queue at petrol stations for the product because of a disruption in supply. Earlier in the year, the scarcity was caused by the circulation of adulterated fuel and later in the year, a shortage of supply was blamed on flooding across the country.

At the moment, Nigerians have not been able to buy petrol with ease and in some places, the pump price is above the government-regulated price of N169 per litre.

Speaking in Abeokuta, Ogun State on Wednesday during his campaign, Mr Tinubu accused those against his emergence as the presidential candidate of causing the fuel scarcity.

“We will use our PVCs to take over government from them, if they like let them create fuel crisis, even if they said there is no fuel, we will trek to vote. They are full of mischief, they could say there is no fuel. They have been scheming to create fuel crisis, but forget about it. Relax, I Asiwaju have told you that the issue of fuel supply will be permanently addressed.

“Whoever wants to eat the honey embedded in a mountain won’t worry about the axe. Is that not so? And if you want to eat palm kernel, you would bring stone and use it to break it, then the kernel will come out. It’s not easy to…

“Let them increase the price of fuel, let them continue to hoard fuel, only them know where they have hoarded fuel, they hoarded money, they hoarded naira; we will go and vote and we will win. Even if they changed the ink on Naira notes. Whatever their plans, it will come to nought. We are going to win. Those in the PDP will lose.

“I am homeboy, I have come here, you will not be put to shame, we will take over the government from them, the traitors who wanted to contest with us. They had no experience.

“The great Nigerian youths, the great Nigerian students, the confident Nigerian youths. This is a revolution. This election is a revolution. They are plotting, but they will fail. They said fuel price will increase and reach N200 per litre. Go and relax. They don’t want this election to hold, they want to scuttle it. Do you agree?

“On this one, I’m guaranteeing you one thing: there will be student loan. Nobody will drop out of the University because of school fees. I guarantee you that. Nobody will have to repeat for eight years, and not graduate.

“Haba! We are too smart, we are brilliant, we are courageous, we are sharp, we will make four years course four years course. Do you agree? Will you vote whether there is fuel or not? Call your sister, we are bringing revolution.

“Let me say what’s on my mind. The other day, I told you. This one too, they think they can cause crisis by sabotaging fuel supply. They are sabotaging fuel supply. Whether there is fuel or not, whether there is

Okada (commercial motorcycle) or not, whether there is tricycle or not, we will go and vote and we shall win.

“This is a superior revolution and when I tell you, you know what I mean. You know me, we are going there to win,” the former Governor of Lagos State said at the rally held at the MKO Abiola International Stadium.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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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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