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NDLEA Nabs Man With Cocaine Worth N360m

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Cocaine

By Adedapo Adesanya

The National Drug Law Enforcement Agency (NDLEA) has arrested a 47-year-old suspected drug trafficker, Mr Chigbogu Ernest Obiora, at the Murtala Muhammed International Airport, (MMIA), Ikeja, Lagos.

In a statement, the agency noted that Mr Obiora was subsequently put under observation during which he has so far excreted 97 wraps of substances that tested positive for cocaine with a total weight of 1.55 kilogrammes and a street value of N360 million.

He was arrested at about 1:16 pm on Sunday, April 25, 2021, during the inward clearance of Ethiopian Airline. He arrived in Lagos on board the airline from Entebbe, Uganda via Addis-Ababa, Ethiopia.

According to the Commander, MMIA Command of the anti-drug law enforcement agency, Mr Ahmadu Garba, “Obiora was intercepted in the E-arrival hall of the airport by the operatives of NDLEA on suspicion that he ingested drug substance.

“The suspect was taken for a body machine scan and the result was positive for ingestion of a substance suspected to be an illicit drug. The suspect was promptly moved to the NDLEA excretion/ observation facility.”

According to the agency, barely an hour after he was arrested, Mr Obiora excreted 31 wraps of cocaine weighing 500 grammes and another 47 wraps (750 grammes) in the evening of the same day while 19 warps (300 grammes) were excreted the following day, Monday, April 26, bringing the total to 97 wraps, that is, 1.55 kilogrammes.

Under interrogation, Mr Obiora claimed he was promised $1,500 if he successfully trafficked the drug, adding that he opted for the deal because he needed money.

“I did it so that I will be capable of feeding my family. I was living in Madagascar but due to the COVID-19 and the lockdown in the country, I couldn’t go back to my place of work.

“There was a time I started lacking money to feed my family and to pay my children’s school fees and the worst part of it is to pay my rent. So, I decided to take the option to do it.”

He said he never knew he could be arrested while stating that he has never met the real owner of the drug. “I don’t know him, they contacted me on phone and asked if I can do the business”, he claimed.

Meanwhile, in continuation of efforts to dismantle all drug spots in Ondo State, the state Command of the agency has raided two joints, arrested two dealers, and seized 80.2 kilogrammes of scrunchies, while four hectares of cannabis farms were destroyed in the Eleyewo area of Akure south local government.

The acting Commander of the NDLEA in the state, Callys Alumona said a lady, 31-year-old Ibukunoluwa Kemi, and a 25-year-old young man, Oluwaseun Sunday were arrested with 78 kilogrammes and 2.2 kilogrammes of scrunchies respectively.

According to the agency, both were nabbed in different areas of Akure south in the state capital.

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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NECA’s Annual Retreat for Business Managers, Executives Holds April 16

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NECA Adewale Smatt-Oyerinde

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.

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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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