General
Oyo Warns Adesina to Stop Parading Self as Baale

By Dipo Olowookere
An alleged self-acclaimed Baale of Ejioku, Prince Bashiru Adesina, has been warned by the Oyo State government to desist from parading himself in such capacity, having failed to secure the approval of the Governor, Mr Abiola Ajimobi.
According to the provisions of Chiefs Law of Oyo State of Nigeria, 2000, CAP. 28, the Governor must give an approval for anyone to parade himself as traditional ruler or chief.
Speaking via a statement on Monday, the Commissioner for Local Government and Chieftaincy Matters, Mr Bimbo Kolade, conveyed the government’s displeasure at the development, which, he said, contravened laid down rules guiding the appointment of Part II recognized chiefs.
Although Section 20 (1, 2 and 3) regulates such appointment, Section 20 (1) specifically reads, “Subject to the provisions of this section, the governor may approve or set aside an appointment of a recognized chief,” the class under which the Baale of Ejioku falls.
Mr Kolade warned that the government would wield the big stick should the concerned chief remain adamant in order to protect the sanctity of the revered traditional institution of Ibadanland.
While acknowledging the existence of correspondence between the ministry and Lagelu Local Government in respect of the vacant Baale of Ejioku stool, he said that the process had remained inchoate, having been stalled at the LG level since October, last year.
The ministry said its October 17, 2016, letter to Lagelu LG, which was received by the Director, Administration and General Services, Mr Kolawole Popoola, mandating it to provide certain documents as proof that the due process had been followed, had yet to be complied with.
In the letter, the ministry had requested the LG to provide “public notice issued by the LG on the vacant stool; certificate of appointment issued by the kingmakers (in respect of the chosen candidate); as well as the attendance sheet stating those that attended the family and the kingmakers’ meetings.”
The letter by the ministry’s Director of Chieftaincy Matters, Mr Zaccheaus Jayeola, also mandated the LG to submit the letter written by the LG conveying the approval of the state government to the next ruling house to fill the vacant stool.
It reads further, “(You are requested to provide the) letter written to the kingmakers by the head of the ruling house, informing them of the candidate nominated for the vacant stool; and the consent letter of His Imperial Majesty, Oba Saliu Akanmu Adetunji, Aje Ogungunniso I, the Olubadan of Ibadanland.
“Please note that the required documents are to be presented before the approval of His Excellency, the Executive Governor (Mr Abiola Ajimobi), could be sought.”
With the benefit of hindsight, Mr Kolade said that the ministry would ensure that the due processes were followed to the letter to avert anarchy and litigations by the contenders, which, he said, was always at huge cost to the government.
The commissioner admonished those nursing the ambition of becoming traditional chiefs to adhere strictly to the legal process in pursuing such ambitions instead of cutting corners or resorting to self-help.
He said, “There are laid down rules and regulation guiding the emergence and installation of a traditional chief, as enshrined in the Chiefs Laws of Oyo State of Nigeria, 2000, CAP 28. This has been the guiding light for the ministry.
“It is therefore an attempt to cause anarchy in the land for anybody to start parading himself as a Baale without following the due process. We have in the recent past warned contenders to the traditional stools against flouting the extant laws.
“Experience has shown that such inordinate ambition is an invitation to breakdown of law and order, because of the acrimonious contentions among contenders to such stools. That is why laws were enshrined to guard against anarchy in the land.
“For the sake of emphasis, the state government does not recognize Prince Bashiru Adesina as the Baale of Ejioku. He is, therefore, warned to stop parading himself in such capacity till those concerned comply with due process.”
General
NECA’s Annual Retreat for Business Managers, Executives Holds April 16
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.
General
Egbin Power Commissions 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.
General
NGX Group, CSCS, WIMBIZ to 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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