Connect with us

General

Lagos Lauds AXA Mansard’s Efforts on Climate Change Campaign

Published

on

Axa Mansard

By Modupe Gbadeyanka

A foremost underwriting firm, AXA Mansard Insurance Plc, has been praised by the Lagos State government over its continued climate change awareness.

In commemoration of its annual AXA Week for Good, the flagship programme of AXA Hearts in Action (AHIA), AXA Mansard employees, under the Trash-To-Treasure Initiative, collected waste from their homes, offices, and environment and converted it into funds.

The company, under this scheme, will donate proceeds from the exercise, to provide health insurance for vulnerable children under the Chess-In-Slums Africa Foundation.

The Special Adviser to the Lagos State Governor on Climate Change and Circular Economy, Ms Titi Oshodi, commended AXA Mansard for this programme.

Speaking during the awareness walk that preceded a beach clean-up by AXA employees in Lagos, the aide to Governor Babajide Sanwo-Olu of Lagos noted that the government was proud of AXA Mansard and others keenly interested in working to mitigate the impact of climate change.

“At the Lagos State Office of Climate Change and Circular Economy, our goal is to ensure that the governor’s vision for a zero-carbon Lagos by 2050 is not a mirage. This is because we have seen that the impact of climate change is no longer a concept. It is real.

“According to the Lagos State Climate Action Plan 2020 – 2025, more than half of Lagos’s 21 million residents live in informal settlements, which render them highly vulnerable to the impacts of climate change. The Lagos State Adaptation and Resilience Plan (LCARP) estimates the impact of climate inaction at $22-29bn – 11 times the state’s 2022 annual budget.

“So, when we see partners like AXA Mansard doing more than just raising awareness but getting their employees to act for the climate, we must commend them because we want them to do more as we journey to our vision 2050.

“I am especially delighted because of this year’s commemoration theme, Trash-to-Treasure. This theme fits well with the ambition of my office to ensure that we address the challenges of climate change, not just by awareness and advocacy, but to entrench circularity into the mix.

“So, when I heard that AXA Mansard is not just collecting waste, they are valorizing the waste to provide health insurance for vulnerable children, I thought this is a model initiative because it embodies the whole idea of circularity, which is using waste for economic, social and environmental good,” she stated.

Appreciating the gesture from the state government, the Chief Client Officer of AXA Mansard, Ms Rashidat Adebisi, said that AXA remains unrelenting in its quest to ensure that its sustainability agenda of fighting climate change and protecting the vulnerable population has an impact and makes the world safer, healthier, and more prosperous.

“We are delighted and encouraged to have you here today as we once again collectively express our purpose of acting for human progress by protecting what matters. This year, our focus in AXA is on protecting our water bodies.

“So, at AXA Nigeria, we decided to focus on removing waste from the water and increasing awareness about the impact of waste on water.

“The Impact of waste on water is enormous. It has health, environmental, social, and economic ramifications. We have seen the impact of waste on flooding and the socio-economic losses of homes, businesses, and lives that come in its wake. There are also health Implications for polluted water, and the list goes on.

“This is why we have focused on water waste, and we remain proud of how much our employees are doing for this cause. Across Lagos, Abuja, and Port Harcourt, hundreds of our employees volunteered to raise awareness for this Initiative.

“They joined in collecting waste and participated in the beach clean-up. For us, this is what AXA Hearts in Action represents, and we remain committed to providing the right leadership and support for our employees to continue to express this shared purpose,” Ms Adebisi noted.

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.

General

SERAP in Court to Force INEC to Account for N55.9bn for 2019 Elections

Published

on

serap inec

By Modupe Gbadeyanka

The failure of the Independent National Electoral Commission (INEC) to account for about N55.9 billion earmarked for the purchase of some materials for the 2019 general elections has forced the Socio-Economic Rights and Accountability Project (SERAP) to file a lawsuit against the commission.

In the suit number FHC/ABJ/CS/38/2026 filed last Friday at the Federal High Court in Abuja, SERAP asked the court for an order of mandamus to compel INEC to disclose the names of all contractors paid the sum of money.

It was claimed that the N55.9 billion was meant for the purchase of smart card readers, ballot papers, result sheets and other election materials for the 2019 general elections, which produced the late Mr Muhammadu Buhari as President for a second term in office.

SERAP is relying on the latest annual report published by the Auditor-General on September 9, 2025, to ask for the use of the funds, which is said to be missing or diverted.

The organisation argued that the electoral umpire “must operate without corruption if the commission is to ensure free and fair elections in the country and uphold Nigerians’ right to participation.”

“INEC cannot ensure impartial administration of future elections if these allegations are not satisfactorily addressed, perpetrators including the contractors involved are not prosecuted and the proceeds of corruption are not fully recovered,” a part of the statement issued by the group stated.

“INEC cannot properly carry out its constitutional and statutory responsibilities to conduct free and fair elections in the country if it continues to fail to uphold the basic principles of transparency, accountability and the rule of law.

“These allegations also constitute abuse of public office and show the urgent need by INEC to commit to transparency, accountability, clean governance and the rule of law,” it further declared.

Continue Reading

General

Finance Ministry Directs Shippers, Airlines to Submit Manifests via Single Window Project

Published

on

NLNG Shipping Arm

By Adedapo Adesanya

The Ministry of Finance has directed all shipping companies and airlines operating in Nigeria to submit their manifests through the Single Window Project (SWP) as part of efforts to strengthen cargo tracking and transparency.

The submission of shipping manifests before the change of policy was handled exclusively by the Nigeria Customs Service (NCS) for onward cargo processing and port clearance.

However, following a memo from late last year signed by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, all shipping firms and airlines were directed to integrate with the National Single Window platform to ensure seamless Manifests submission.

“I would like to bring to your attention that His Excellency, President Bola Ahmed Tinubu inaugurated the National Single Window (NSW) Project on the 16th of April 2024.

The NSW Project aims to streamline and automate import and export processes at Nigeria’s entry & exit ports, with the dual goals of enhancing trade facilitation and increasing government revenue.

“By integrating the operations of multiple government agencies involved in trade processes on one platform, the NSW platform will ensure faster clearance of goods and services, improve operational efficiencies at the imports and significantly reduce bureaucratic bottlenecks.

“Key components of the Single Window as defined by the World Trade Organisation (WTO) and World Customs Organisation (WCO) include: (a) a single-entry point i.e. traders, shipping lines, airlines and other stakeholders should submit all required import and export documentation through a single-entry point on a centralized digital platform, and (b) single submission i.e. all documentation should only be submitted once and data only entered once.

“As a result, the NSW Platform will be the single-entry point of submission for all Sea and Air Manifests. Therefore, all shipping lines and airlines are therefore directed to integrate with the NSW Platform to ensure seamless Manifests submission,” parts of the memo read.

The Comptroller-General of the NCS, the chairman of the Nigerian Revenue Service (NRS), the Managing Director of the Nigerian Ports Authority (NPA), the Managing Director of the Federal Airports Authority of Nigeria (FAAN) and the Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) were copied in the memo.

Continue Reading

General

Dangote Drags ex-NMDPRA Boss Farouk Ahmed to EFCC

Published

on

Dangote and Farouk

By Aduragbemi Omiyale

The petition written against the immediate past chief executive of the Midstream Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed, which was withdrawn from the Independent Corrupt Practices and Other Related Offences Commission (ICPC), has now been taken to the Economic and Financial Crimes Commission (EFCC).

The letter was written by the chairman of Dangote Industries Limited (DIL), Mr Aliko Dangote. It contained allegations of allegations of abuse of office and corrupt enrichment against Mr Ahmed.

The petition led to the resignation of the former NMDPRA chief from office last month.

It was gathered that Mr Dangote, through his legal representative, filed a formal corruption petition against him at the headquarters of the EFCC, with specific plea of prosecuting Mr Ahmed if found culpable.

The businessman said the withdrawal of the petition from the ICPC was a strategic move aimed at accelerating the prosecution process.

 In the petition signed by his lead counsel Mr O.J. Onoja (SAN), Mr Dangote noted that, “We make bold to state that the commission is strategically positioned along with sister agencies to prosecute financial crimes and corruption related offences, and upon establishing a prima facie case, the courts do not hesitate to punish offenders. See Lawan v. F.R.N (2024) 12 NWLR (Pt. 1953) 501 and Shema v. F.R.N. (2018) 9 NWLR (Pt.1624)337.”

He further urged the anti-money laundering agency, under the leadership of Mr Olanipekun Olukoyede, “…to investigate the complaint of Abuse of Office and Corruption against Engr. Farouk Ahmed and to accordingly prosecute him if found wanting.”

“The commission’s firm resolve in handling this matter with dispatch is not only imperative and expedient but will also serve as a deterrent to other public officers out there with such corrupt proneness and tendencies,” he added.

Recall that on December 14, 2025, Mr Dangote raised concerns about Mr. Ahmed’s financial dealings, alleging that the former regulator is living far beyond his legitimate means.

According to him, four of Mr Ahmed’s children attended elite secondary schools in Switzerland, incurring costs running into several millions of dollars—an expenditure that raises questions about potential conflicts of interest and the integrity of regulatory oversight in the downstream petroleum industry.

Mr Dangote listed the schools attended by Mr. Ahmed’s children: Faisal Farouk (Montreux School), Farouk Jr. (Aiglon College), Ashraf Farouk (Institut Le Rosey), and Farhana Farouk (La Garenne International School), noting that each child spent six years in these institutions. He estimated annual tuition, travel, and upkeep per child at $200,000, totaling approximately $5 million for their secondary education.

Additionally, he alleged that Mr Ahmed spent another $2 million on tertiary education for the four children, including $210,000 for Faisal’s 2025 Harvard MBA program.

“Nigerians deserve to know the source of these funds, especially when many parents in Mr Ahmed’s home state of Sokoto struggle to pay as little as N10,000 in school fees,” Mr Dangote stated.

Continue Reading

Trending