General
Peter Obi Not Fit to Advise FG on Vaccine Procurement—Group
By Modupe Gbadeyanka
A few days ago, the former Governor of Anambra State, Mr Peter Obi, while speaking with Arise Television, said the federal government does not need N400 billion to procure COVID-19 vaccines.
The vice-presidential candidate of the opposition Peoples Democratic Party (PDP) in the 2019 general elections had said he would help the ruling All Progressives Congress (APC)-led national government to negotiate the purchase of the jabs for not more than N150 billion.
But a group known as the APC Mandate Defenders has lambasted the politician for his comments, describing him as ignorant.
The group, in a statement issued in Abuja on Tuesday by its national publicity secretary, Mr Ifeanyi Emeka, claimed Mr Obi has formed the habit of making himself a cheap hero through peddling of falsehoods, outright misinformation and blame game even when he is alleged to have some skeletons in his cupboards.
According to APC Mandate Defenders, the former Governor “is not the right person to advise the federal government over what to do concerning vaccine procurements and distribution because as Governor for eight years, he contributed to the sorrowful state of the primary healthcare centres in Anambra State as a result of his unconstitutional refusal to conduct local government elections throughout his tenure.”
The organisation said “if Mr Obi had conducted local government elections and allowed elected council chairmen to use their federal allocations for developments, all the primary healthcare centres in the 21 local government areas of his state which are in the ‘residual list’ of the Constitution and whose workers have the immediate responsibility of distributing vaccines to the people at the grassroots level; the cost of vaccine procurements and distribution would have been reduced to the barest minimum.”
“But because Mr Obi and others in his category failed to do the needful, the task of vaccine procurement, distribution and development of critical infrastructures at the local government levels now fall on the neck of the National Primary Health Care Development Agency which is under the control of the federal government,” it added.
The statement the federal government is not only fighting to procure vaccines and inoculate the population, but it is also fighting to procure cold chains, train personnel and other things that fall under the purview of states and local governments in the country.
”Besides, vaccine procurement is not really the issue, but distribution and storage, as well as building capacity, are the things that matter.
“For Instance, apart from Pfizer vaccines which require ultra-modern cold chains of minus 70-80 degree Celsius which is even colder than the winter, the federal government will still use some part of the estimated N400 billion for the procurement and deployment of cold chains to about 8,812 wards in the 774 local government areas across the country where the vaccines would be stored before distribution.
“This is because only a few of the over 10,000 Primary Health Care Centres in the country have functional cold chains and other facilities.
“So, next time, before Mr Obi goes to any national television to advertise his ignorance on any government plan in his characteristic way of playing to the gallery and seeking cheap popularity among unsuspecting members of the public, he should endeavour to consider many factors which his inability to correct some of them when he was in office contributed to the sorrowful state of the primary healthcare centres across the country,” the group said.
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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