General
Sanwo-Olu Assures Lagos Residents Dividends of Democracy
By Adedapo Adesanya
The Governor of Lagos State, Mr Babajide Sanwo-Olu, has promised to continue to deliver dividends of democracy to residents of the state after getting re-election.
On Monday morning, the Independent National Electoral Commission (INEC) declared Mr Sanwo-Olu of the All Progressives Congress (APC) as the winner of Saturday’s governorship elections in Lagos after it was announced that he polled a total of 762,134 votes to defeat his closest rival, Mr Gbadebo Rhodes-Vivour of the Labour Party, who scored 312,329 votes.
Professor Adenike Oladiji, Vice-Chancellor of the Federal University of Technology (FUTA) Akure, the Returning Officer, during the announcement, said the candidate of the Peoples Democratic Party (PDP), Mr Abdul-Azeez Adediran garnered 62,449 votes to come a distant third in the election.
She listed votes garnered by other political parties in the contest as A (800), AA (904), AAC(627), ADC (6,078), ADP(2833), APM (884), APP (259), BP (616), NNPP (1,583), NRM (340), SDP (1,746), YPP (461) and ZLP (1,635).
She put the total number of registered voters at 7,060,195; total accredited voters at 1,182620; total votes cast at 1,173,631, total valid votes at 1,155,678 and rejected votes at 17,953.
Prof. Oladiji said: “I declare that Sanwo-Olu Babajide Olusola of APC, having satisfied the requirements of the law by scoring 25 per cent in two-thirds of the local government areas in the state and also scoring the highest number of the vote cast, is hereby declared the winner and he is returned elected.”
The APC won in 19 Local Government Areas of the state; the LP won in one LGA, while the PDP did not win any.
In his remarks, the INEC Resident Electoral Commissioner, Mr Olusegun Agbaje, noted that some of the allegations of manipulation levelled against him were a fallacy.
Mr Agbaje, however, said that such allegations were not strange in a clime like ours and decried the poor turnout of voters.
Assessing the process, Mr Olusegun Mobolaji, Lagos state Chairman of the Inter-Party Advisory Council (IPAC), decried the pockets of violence experienced in some parts of the state as well as vote buying and apathy.
He urged the candidates to imbibe the spirit of sportsmanship and accept the outcome of the elections in good faith.
Mr Mobolaji urged INEC to improve on the shortcomings in future elections.
Regardless of this, Business Post spoke to voters over the weekend who were disenfranchised on account of their ethnicity by elements that were believed to be working for the ruling party, with tribal slurs and stereotypes hurled at them.
On his part, the re-elected governor on Monday said his re-election for a second term has reaffirmed that Lagos has chosen competence and experience on the march to true greatness.
Mr Sanwo-Olu said this at the Lagos House Marina while giving the victory speech for his re-election, following the official announcement by INEC.
He said that elections were over now, and governance must continue, and the dividends of democracy must continue to be delivered, as there must be no break and no time off.
According to him, his government will keep all the promises made to the people of Lagos state.
“Lagosians, you did not just vote for Babajide Sanwo-Olu. You voted for a greater Lagos. I promise that together we shall achieve this. This is a promise that shall not be broken. A greater Lagos shall be ours.
“Let me boldly and proudly say that we are already well on the way to that greater Lagos, and we now have four more years to join hands to advance in ways that will pleasantly surprise even the most sceptical amongst us,” he said.
“Lagos is what it is today because of each and every one of you, regardless of ethnicity, religion, political affiliation, gender, or age.
“We are a vibrant and thriving hub of commerce, finance, entrepreneurship, innovation, and culture because of the diversity that has come to define us over the decades and the centuries. Thank you,” he said.
He said that during the course of the campaign, sadly, there was a lot of divisive rhetoric used, as some tried to make the elections about ethnicity and religion when in fact, they should only have been about capacity, competence, and experience.
“We saw hateful and hurtful ethnic profiling by fellow citizens – which is totally out of place for us as Lagosians, the proud residents of West Africa’s pre-eminent melting pot.
“I want to recognise and salute all of the multitudes of residents who refused to succumb to those who sought and still seek to divide us with their unguarded and inciting comments.
“Unfortunately, there are reports of skirmishes in some local government areas wherein some citizens were reported to have been injured. We strongly condemn these reprehensible incidents – that is definitely not who we are as a people.
“The relevant law enforcement and security agencies have been directed to investigate these breaches of the law and to ensure that those found culpable face the full wrath of the law.
General
QNET’s Global Reach in 100+ Countries: What International Access Means for Local Distributors
Global scale means market access and international supply chains. For individual distributors in direct selling, it can shape everything from product availability to income stability and long-term opportunity.
QNET, the multinational wellness and lifestyle direct selling company, positions its business model around that idea: connecting locally based independent distributors to an international operating platform. With activity spanning more than 100 countries, the company sits within a direct selling industry that, according to the World Federation of Direct Selling Associations (WFDSA), has stabilized after several relatively volatile post-pandemic years.
Global Reach Within a Stabilizing Industry
The WFDSA’s latest global report estimates worldwide direct selling retail sales at roughly $163.9 billion in 2024, essentially flat year over year. That flat performance, however, masks gradual improvement beneath the surface. Nearly half of reporting markets showed growth in 2024, and average market growth rates rebounded to positive territory.
The report estimates more than 104 million independent sales representatives globally in 2024, a figure that has remained largely stable year over year.
This stabilization sets a backdrop for companies like QNET. A global footprint is no longer about rapid expansion alone; it is increasingly tied to resilience: operating across regions with different economic cycles, consumer behaviors, and growth trajectories.
For distributors, this matters because opportunities extend beyond individual effort. They are often shaped by the health of the company’s broader channel and product reach.
A Platform Designed for Distributed Entrepreneurship
QNET’s model centers on local execution supported by centralized infrastructure. Products—ranging from nutritional supplements and wellness devices to home and lifestyle solutions—are sold through the company’s proprietary e-commerce platform. Independent distributors do not manage warehouses, shipment logistics, or customer service systems.
As Ramya Chandrasekaran, who heads communications at QNET, explained in a recent interview, the company views direct selling as a form of accessible “micro-entrepreneurship.” The idea is to reduce the operational burden typically associated with starting a business, allowing distributors to focus on product education, customer relationships, and market development.
Why Global Scale Changes the Distributor Equation
One practical benefit of international reach is product continuity. WFDSA data shows that wellness products account for roughly 29% of global direct selling sales, making it the largest category worldwide. In the Asia-Pacific region, the largest direct selling region by sales, wellness represents more than 40% of total category share.
QNET’s emphasis on wellness and lifestyle products places distributors in line with the strongest demand segments globally. Instead of relying on narrow local trends, distributors operate within product categories that have shown consistent global interest.
International scale also supports consistency in training, compensation structures, and digital tools. Distributors in different countries access identical back-end systems, tracking referrals, commissions, and orders through the same platform. This standardization reduces friction and uncertainty, particularly for individuals operating in markets where informal commerce is common.
Workforce Shifts
The WFDSA’s report highlights notable shifts in the global direct selling workforce. Women continue to make up more than 70% of participants worldwide, and representation among individuals aged 35 to 54 remains the largest cohort.
Independent Distributors increasingly value flexibility, long-term viability, and support systems that allow them to operate sustainably rather than aggressively scale. QNET’s emphasis on digital access, centralized operations, and gradual business building reflects those priorities.
For many participants, especially those balancing work with caregiving or other responsibilities, direct selling infrastructure offers a way to stay engaged at their own pace.
Training, Exposure, and Cross-Market Learning
QNET’s international conventions and training programs connect distributors across regions, creating informal networks for peer learning. Events that draw participants from dozens of countries expose distributors to varied approaches to sales, customer engagement, and market adaptation.
This mirrors one of WFDSA’s broader conclusions: direct selling increasingly functions as a global learning ecosystem, with companies providing tools and education that help individuals navigate uncertain economic conditions.
For distributors, exposure to cross-border experiences can recalibrate expectations, reinforcing that success often comes from steady engagement rather than rapid recruitment or short-term activity.
International Access, Interpreted Locally
Despite its global scale, QNET’s business ultimately plays out in local communities. Distributors adapt messaging around wellness, home quality, and lifestyle enhancement to cultural norms and household priorities. The international platform provides reach and structure, but relevance is built locally.
That balance, global systems supporting local relationships, defines much of modern direct selling. The WFDSA describes the industry not as a single growth story, but as a framework that can scale proportionally with economic conditions across regions.
For QNET distributors, international presence does not guarantee income or uniform outcomes. What it offers is access: to resilient product categories, standardized systems, training resources, and a global marketplace that extends beyond any single region. For local distributors navigating today’s uncertain global economic environment, that is an important foundation to maintain.
General
FCCPC Unseals Ikeja Electric Headquarters
By Adedapo Adesanya
The Federal Competition and Consumer Protection Commission (FCCPC) has unsealed the headquarters of Ikeja Electric Plc in the Lagos State capital after a week under lock and key.
According to a statement on Friday, the electricity distribution company committed to a binding undertaking to comply with the remedial process following consumer rights violations.
The statement signed by Mr Ondaje Ijagwu, Director of Corporate Affairs at the commission, Ikeja Electric undertook to resolve all consumer complaints referred to it by the FCCPC within agreed timelines
The headquarters was earlier sealed on December 11, 2025, because Ikeja Electric allegedly failed to comply with a directive by the Nigerian Electricity Regulatory Commission (NERC) to unbundle a Maximum Demand account into 20 individual accounts for a customer who had been without power for over two and half years.
The FCCPC noted that following the resolution, any breach of the undertaking would expose it to renewed and escalated enforcement action under the Federal Competition and Consumer Protection Act.
Reacting, the Executive Vice Chairman and Chief Executive Officer of the FCCPC, Mr Tunji Bello, said the Commission’s intervention was necessary to enforce the provisions of the FCCPA (2018).
“Our responsibility is to ensure that consumers are treated fairly and that service providers comply with lawful decisions and directives. Enforcement is not an end in itself. Where compliance is achieved and credible commitments are made, the Commission will respond appropriately,” he said.
Clarifying further, Mr Bello said the outcome reflects the commission’s balanced approach to regulation.
“We intervene decisively where consumer harm persists, and we de-escalate where enforceable compliance is secured. What remains constant is our duty to protect consumers and uphold regulatory accountability,” he said.
General
All On’s Clean Energy Access Transforms Over One Million Lives
By Modupe Gbadeyanka
The decision by a leading impact investment company focused on expanding clean energy access, All On, to support over 50 clean energy businesses and provide grants and technical assistance to more than 80 enterprises in Nigeria is already yielding positive results.
This is because the organisation’s Impact Evaluation Report indicated that more than one million lives have been transformed through clean energy access.
The report covered from 2018 t0 2024 and it was discovered that the interventions of All On enabled the connection of over 230,000 households, businesses, and public facilities to reliable energy solutions, while strengthening the operational capacity of energy providers and improving affordability and service reliability for end users.
Prior to the commencement of All On’s operations in 2016, nearly half of Nigeria’s population lacked access to electricity, and the sector faced an estimated 92 per cent annual funding gap.
In response, the group adopted a bold, risk-tolerant strategy—deploying catalytic capital, innovative financing instruments, and ecosystem-building initiatives to unlock private sector participation and drive progress toward universal energy access.
Central to these achievements is All On’s holistic support model, which combines rigorous, tailored due diligence, deep sector expertise, and active ecosystem engagement.
This approach has positioned All On as a trusted partner capable of delivering both commercial viability and systemic impact.
Flagship initiatives such as the Demand Aggregation for Renewable Technology (DART) programme have further amplified results by reducing procurement costs for supported businesses by up to 50 per cent, enabling developers to scale faster and pass cost savings on to consumers due to access to reliable, affordable, and sustainable energy solutions.
In the report, it was revealed that half of supported households reported improved air quality, enhanced safety, and reduced noise pollution, contributing to better health outcomes and improved quality of life, alongside measurable environmental benefits.
“This report confirms that our approach is delivering real results. By combining patient capital, technical assistance, and ecosystem support, we are enabling scalable and sustainable energy solutions for Nigeria’s unserved and underserved communities,” the chief executive of All On, Ms Caroline Eboumbou.
The company plans plans to scale proven models, strengthen local capacity, and expand its reach—particularly in underserved regions such as the Niger Delta.
“While the progress to date is encouraging, our work is far from done. As we look toward 2030, we remain committed to deepening our impact and creating even more meaningful connections across Nigeria,” Ms Eboumbou added.
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