General
OYBIR Hands Over Two Fake Tax Collectors to Police
By Dipo Olowookere
Chairman of the Oyo State Board of Internal Revenue (OYBIR) has ordered officers of the board to hand over two members of a fake tax collection syndicate apprehended last Friday in Ibadan to police for investigation.
The two suspects were caught last week while carrying out their illegal operation around Agbarigo, Onireke Avenue, Ibadan, in the branded jacket of the Board.
According to the identity cards caught on the suspects, the duo was tagged ‘revenue collector’ with one Joint Tax Board (JTB) consultant.
The suspects were nabbed by the officials of the state board of internal revenue who were on a tax awareness, sensitization and collection tour of markets on payment of tax by traders and operators in the informal sector in the state.
The OYBIR team was led by the Chairman of the Board, Mr Bicci Alli, the Director of Finance and Administration, Mr Akinwale Akinade, top officials of the Board and other revenue collectors who were on a tour of the Bodija, Apata and Idi-Iroko markets in the capital city.
The suspects; Friday Emmanuel and Oyedeji Oyekunle, in an interview with journalists, disclosed that they are on an appointment with a staff in one of the local government council in Ibadan who pays them on a 50-50 remuneration basis of whatever amount they generate per day.
They also professed their innocence that they were not on an illegal operation but on appointment as consultants to the board, as reflected in one of the suspect’s identity card. The identity card which bears the logo, name and image of the board further drew the attention of the Chairman, Oyo State board of internal revenue, Mr Bicci Alli to investigate the matter the more.
To prove their innocence, the suspects were told to make phone call to their employer, whose name was simply given as ‘Mr Bayo’ who they claimed works at an undisclosed local government in Ibadan, but the efforts were unsuccessful as the said Mr Bayo initially failed to pick the calls but later told the suspect to come to the Ibadan North East LG.
However, other attempts to call the said Mr. Bayo for a confirmation of his location later saw his phone line not connecting as it was said to have been switched off. the suspects also said they had other tax collectors who operate in other parts of the city but that the two of them only knew each other as members of a team.
The suspects said, “We were employed around March/April 2018 to collect consolidated tax on behalf of the state by one Mr Bayo who we have been trying to put calls through to his line. Though we were not given any letter of appointment to that effect but we were told that we will get a letter from the Commissioner of Police. Up till now, we are yet to receive the letter.”
On remuneration and how they operate, they said “We are on 50-50 agreement. That means we take 50 per cent of whatever amount we collect. The receipt is N5,000 but it’s negotiable. In case we’re unable to make up to that amount, we have to ensure that we deposit the N2,500 percentage per receipt of the receipt sold.”
Items found in their possession include copies receipts bearing logo and name of the Oyo State Board of Internal Revenue, copies of consolidated certificates for trucks, buses, pickups, cars, operational permit clearance certificate, road taxes certificates, driver and conductor’s badges, road user’s permit, stage carriage revenue with JTB packet of used and unused receipts, among others.
While reacting to the situation, OYBIR Chairman, Mr Bicci Alli, said neither the state government nor the OYBIR had engaged any contractors, agents or consultant to collect revenue on its behalf by the roadside.
He emphasised that the government did not send any agent to collect its revenue in whatever format, urging the people not to patronise such an agent or make any payment to them. He added that all roadside tax collection is illegal and as such must not be patronised.
Mr Alli urged the people of the state to desist from making any financial payment to any individual in the name of the state government, pointing out that revenue accruable to the state government are to be paid to designated banks.
He, however, added that only trained revenue collectors for the informal are operating with a POS machine to collect revenue while all others for the formal and organised sectors are made to the designated banks.
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.
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.
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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