General
SERAP Sues FG Over Failure to Rescue Train Attack Victims
By Adedapo Adesanya
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the federal government over its failure to protect the rights to life, security, and dignity of the victims of the Abuja-Kaduna train attack, and the failure to secure the safe release of those held captive by the terrorists.
The suit followed reports that the Federal Executive Council (FEC) failed to approve funds for surveillance equipment that could have helped to prevent the train attack.
Business Post had reported that terrorists had attacked the AK9 Abuja–Kaduna train on March 28, killing at least nine people, wounding several others, and abducting an unknown number of passengers.
The victims have remained with the terrorists for a month despite repeated appeals for the government to free them from captivity.
In the suit No ECW/CCJ/APP/20/22 filed last week before the ECOWAS Court of Justice in Abuja, SERAP is, therefore, seeking “a declaration that the train attack, abductions and killings of passengers by terrorists amount to a failure by the government to protect Nigerians, and to prevent these grave human rights violations.”
The body is also seeking “an order directing the Buhari government to protect, promote, and fulfil the human rights of Nigerians, including travellers across the country, by ensuring adequate security and taking measures to prevent attacks.”
SERAP is seeking “an order directing the Buhari government to urgently find and identify all the passengers, victims and their families, and to pay adequate monetary compensation of N50 million to each of the passengers and victims and their families.”
In the suit filed together with an application for an expedited hearing, SERAP is arguing that “The Buhari government has a legal duty to protect individuals from real and immediate risks to their lives and security caused by actions of third parties such as terrorists.”
It is also arguing that “a fundamental notion of contemporary human rights law is that victims of violations such as the victims of the Abuja-Kaduna train attack enjoy an independent right to effective remedies. Rights without remedies are ineffectual, rendering illusory the government’s duty to protect such rights.”
According to SERAP, “the Buhari government has failed to protect the constitutionally and internationally guaranteed rights of the victims of the train attack to life, dignity and security, and their right to an effective remedy.”
The suit filed on behalf of SERAP by its lawyers, Mr Kolawole Oluwadare and Miss Opeyemi Owolabi, read in part: “The Buhari government is under a legal obligation to protect the life of every citizen in the country.
“Remedies logically should be proportionate to the gravity of the harm or violations caused by the government and its agents or by terrorists or unknown perpetrators.
“Human life has a special value and dignity which requires legal protection. It is the principle of international law, and even a general conception of law, that any breach of an engagement involves an obligation to make reparation.
“The officials of the Buhari government have publicly stated that they knew or had information that an attack on the train was imminent but the government failed and/or neglected to take measures to prevent the train attack.
“The government will still be held accountable for failing or neglecting to guarantee and protect human rights regardless of whether such violations are directly or indirectly attributable to the government or its officials.
“The Buhari government has an obligation to promote and protect the rights to life, security and dignity. This obligation means that the government must create an enabling environment that facilitates the enjoyment of these rights by the people.
“The failure of the Buhari government to protect and guarantee the rights to life, security, liberty and dignity of the passengers and victims of the train attack violates the provisions of the African Charter on Human and Peoples’ Rights and the International Covenant on Civil and Political Rights to which Nigeria is a state party.
“The Buhari government and the Nigeria Railway Corporation had ignored several warnings in the past to take preventive measures to provide adequate security for the train services, and to suspend late rail services to prevent attack by terrorists and to ensure the security and safety of passengers.”
“Few days before the train attack, some terrorists had gained control of and entered the Kaduna airport in a daring attack. The Buhari government failed or refused to take preventive measures to ensure adequate security in the airport and its surrounding, and to prevent the attack on the train.”
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.
By Adedapo Adesanya
The Executive Director/GCOO of Pathway Holdings Limited, Mrs Dolapo Akanbi-Alade, has called for increased inclusion of Nigerian women in finance as the world marks International Women’s Day 2026.
International Women’s Day 2026 is marked every March 8, and this year’s theme is Give To Gain.
In a statement shared with Business Post, Mrs Akanbi-Alade noted that while International Women’s Day highlights the need for gender equality, significant progress requires deliberate policies and systems that expand women’s access to finance and leadership opportunities.
She emphasised that many Nigerian women and women-led businesses still face limited access to finance, highlighting the urgent need for targeted inclusion initiatives.
“At Pathway Holdings, we empower women and give access to investment advisory, asset management, and lending solutions for institutions, high-net-worth individuals, and businesses. Ensuring that women and women-led enterprises can access these opportunities is critical to building a more inclusive financial system,” she added.
Mrs Akanbi-Alade said, “Women’s access to finance is not only a social responsibility but essential for national productivity and economic growth’’. She co-founded the following companies:
Pathway Asset Management Limited is registered and regulated by the Securities and Exchange Commission, Nigeria, as a Fund and Portfolio Manager. The product range includes Pathway Fixed Deposit Notes, Privately Managed Notes, Pathway Private Portfolio Management, Investment Advisory, and Mutual Funds, which will be launched soon.
Pathway Advisors Limited is registered and regulated by the Securities and Exchange Commission (SEC) as an Issuing House and financial adviser. Pathway Advisors’ services cover Mergers and Acquisitions (M&A), Capital-Raising, Financial Advisory, Rating Advisory, and Project and Structure Finance.
Fundbox Financial Services Limited is a wholly owned micro-lending company providing short-term personal and SME finance loans to salaried individuals, self-employed personnel, and small businesses. They offer services which include Cars4Cash, SME Loans, Personal Loans, and Group Employee Loans. Fundbox has successfully disbursed a wide range of loans to both corporate and individual clients, supporting their financial needs and business growth.
Pathway Holdings Limited is a notable investment holding firm focusing on private market investments, including private equity, private credit, and infrastructure. Pathway creates customised investment solutions for institutional investors and individuals, leveraging its extensive experience and local footprint.
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