General
SON, Registered Builders Renew Efforts to Stop Building Collapse
By Modupe Gbadeyanka
The Standards Organisation of Nigeria (SON) and the Council of Registered Builders of Nigeria (CORBON) have resolved to renew their collaboration towards institutionalizing standards in the construction sector with a view to stemming the tide of building collapse and structural failures throughout the nation.
This resolution was reached during a courtesy visit of the council officials led by the Chairman, Professor Kabir Bala, to the office of the Director General of SON, Mr Osita Aboloma, and his management in Abuja.
Prof Bala, who is also the Deputy Vice Chancellor, Administration, Ahmadu Bello University (ABU), Zaria, called for high quality values at all levels by developing and implementing more technical standards for production processes in the building and construction sector.
He called for closer monitoring, control and enforcement of quality of materials through the establishment of more materials testing laboratories across the country.
“CORBON is desirous of partnering with SON in establishment and management of a database of Physical Building Resources that will provide information on location and availability of standard materials to assist builders in accessing the right materials,” he said.
According to him, the council has developed a set of standards to enable a professional builder to effectively administer the construction processes within budget limits, time, and specified quality.
The CORBON Chairman stated that the Building Production Management Standards which are to ensure the success of building production process are segmented into construction, project quality management, health and safety programmes and construction methodology.
“The Standards will enable a building project owner extract commitment from a builder on adherence to production standards and specifications at the first attempt; protection of employees and the public from hazards that may arise due to production activities; efficient management of production resources; and adherence to statutory requirements, tests, inspections, quality certifications as may be required.
Responding, the SON Chief Executive expressed the organisation’s readiness to cooperate with CORBON, saying that environmental issues and resource management needed to be brought to the forefront in the building and construction sector.
Represented by a director, Barrister Richard Agu, the DG noted that the cooperation of the two organisations many years back had helped in bringing issues and dangers of building collapse to the forefront of public discourse.
“In the upcoming financial year, we intend focus on building collapse among many other issues and we are happy to reconnect with CORBON after jointly organising a national on the subject as far back as 2004”, he said.
SON, according to him, will be disposed to supporting the forthcoming 2018 builders congress through delivery of technical papers, exhibition of standards among others.
Barr Agu proposed a formal Memorandum of Understanding (MoU) between the two organisations to leverage on the extensive regulatory powers in the new SON Act 14 of 2018 in the overall interest of the nation and its citizens.
He admonished CORBON members and institutions to take advantage of SON capabilities in management systems certification of their services in quality and environment among others.
Contributing, Director of Operations, SON, Engr. Felix Nyado, disclosed that all SON State offices nationwide have mobile sandcrete block testing machines for quality assurance.
He advised CORBON to also key into knowledge sharing through more active participation in the national mirror committee for development of international standards under the auspices of the International Organisation for Standardization (ISO) activities relating to the built sector and environmental sustainability.
By Adedapo Adesanya
The South African Consulate General in Lagos, in partnership with Brand South Africa and the Development Bank of Southern Africa (DBSA), is hosting the 4th edition of the South Africa Focus Week in Lagos, Nigeria, from April 22 – 26, 2026.
The annual platform continues to grow as a strategic initiative aimed at fostering social cohesion between South Africans and Nigerians while positioning South Africa as a preferred destination for business, tourism, and education. Since its inception in 2023, South Africa Focus Week has attracted over 1,500 participants, bringing together stakeholders from across sectors, including trade and investment, arts and culture, tourism, aviation, and the culinary industry.
The 2026 edition holds particular significance as it coincides with the 30th anniversary of South Africa’s democratic Constitution, enacted in 1996, as well as 32 years of unbroken diplomatic relations between South Africa and Nigeria, established in February 1994. These milestones underscore the enduring partnership between the two nations, rooted in shared history and strengthened through formal agreements and ongoing collaboration.
The 2025 economic relationship between South Africa and Nigeria reflects a strategically significant, multi-dimensional partnership anchored in trade, energy security, investment flows, and strong institutional cooperation. While bilateral trade remains structurally imbalanced – with South Africa exporting US$468.48 million and importing $1.69 billion, resulting in a $1.22 billion deficit – this dynamic is largely driven by South Africa’s reliance on Nigerian crude oil, positioning the relationship as one of strategic interdependence rather than imbalance alone.
This partnership is further elevated by the relative economic weight of both countries. According to IMF projections, South Africa’s economy is valued at approximately $443.6 billion, while Nigeria’s stands at around $334.3 billion in nominal terms for 2026. As two of the largest economies on the continent, their bilateral engagement constitutes a central axis of African economic activity, with disproportionate influence on the success of continental integration efforts.
Beyond trade, the relationship is reinforced by deep two-way investment linkages. South African firms -including MTN Group, Shoprite, and Standard Bank – maintain a strong presence in Nigeria, while Nigerian companies such as Access Bank and Paystack have established a growing footprint in South Africa. Although investment flows are asymmetrical and some Nigerian firms have faced operational challenges, these exchanges reflect an emerging bi-directional economic corridor that extends beyond goods trade into services, finance, and digital innovation.
Aligned with Brand South Africa’s mandate to build the country’s global reputation and competitiveness, the week-long programme will convene leaders from government, business, civil society, academia, and the media. Discussions will focus on leveraging the African Continental Free Trade Area (AfCFTA) as a tool for market access and global positioning, with Nigeria serving as a key focal point.
The South Africa Focus Week has features a series of high-level engagements and cultural activities designed to deepen economic ties and promote collaboration: South Africa–Nigeria Infrastructure Investment Conference (April 22, 2026) which was held under the theme South Africa–Nigeria Partnership: Unlocking Infrastructure Opportunities,” the conference will bring together key stakeholders in infrastructure development to explore collaborative projects in road, rail, and transportation systems.
The forum also examined the role of Public–Private Partnerships (PPPs) and facilitated discussions on project financing and implementation with institutions such as the DBSA and Nigeria’s Infrastructure Concession Regulatory Commission (ICRC).
This was followed by the 2nd Economic Diplomacy Roundtable (Thursday, April 23, 2026), which was hosted in partnership with MTN Nigeria under the theme Role of Technology in Infrastructure Development, the roundtable will convene senior government officials, private sector leaders, and industry experts to identify investment opportunities and strengthen strategic partnerships.
Friday, April 24, was for Arts and Culture Experience, which is a dedicated cultural day will showcase Lagos’ creative spaces and features a panel discussion on South Africa’s arts, film, music, and culture. The programme includes a South African film screening, engagements with filmmakers, and a networking reception aimed at fostering collaboration between the creative industries of both countries.
The event continues on Thursday, April 25, with Freedom Day Celebration and Closing Ceremony. This commemorative event will celebrate 30 years of South Africa’s Constitution, 32 years of freedom and democracy, and the enduring diplomatic relations between South Africa and Nigeria. The ceremony will also provide an opportunity to reflect on outcomes from the week and outline future areas of cooperation.
The celebration forms part of Brand South Africa’s Global South Africans Programme, which recognises and connects South Africans in the diaspora as ambassadors of the nation’s values and identity.
The week climaxes with the 4th edition of the South Africa Golf Tournament at Ikoyi Golf Club on Saturday, April 26, 2026, which will be done in partnership with Crossflex International.
According to a statement, the event aims to strengthen people-to-people relations through sports diplomacy, bringing together South African and Nigerian golfers in a spirit of camaraderie and collaboration.
By Modupe Gbadeyanka
The former chairman of the defunct Skye Bank Plc, Mr Tunde Ayeni, has been apprehended by the Economic and Financial Crimes Commission (EFCC).
Spokesperson of the anti-money laundering agency, Mr Dele Oyewale, confirmed the arrest of the businessman on Friday but declined to provide further details, according to TheCable.
Mr Ayeni was accused of diverting the N36.5 billion and $30 million loans from Polaris Bank Limited to companies with which he has links.
He was alleged to have obtained the credit facilities for marine security, electricity distribution, and real estate projects, but moved them to telecom investments tied to NITEL/MTEL assets via a NATCOM account.
After the Central Bank of Nigeria (CBN) revoked the operating licence of Skye Bank in 2018, it nationalised it to Polaris Bank.
The EFCC has been looking into the alleged diversion of funds by Mr Ayeni, resulting in his arrest in Abuja on Thursday, April 23, 2026.
He is being grilled over the matter and would be arraigned in court once the investigation is concluded.
This is not the first time Mr Ayeni has been nabbed and probed by the EFCC, as this happened a few months after his bank lost its licence.
The then acting spokesman for the EFCC, Mr Tony Orilade, said Mr Ayeni was quizzed by detectives over issues related to fraud and embezzlement allegedly committed by him when he was Chairman of the bank a few years ago.
By Adedapo Adesanya
“We are fully committed to working with the new Commissioner of Police and giving all necessary support towards the successful discharge of his responsibilities.”
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