General
Sterling One Foundation, Oduwole, Sanwo-Olu Seek Opportunities for Youth
By Aduragbemi Omiyale
The need for a sustained action in creating opportunities for young leaders in Nigeria has again been emphasised by Nobel Peace Prize nominee, Ms Zuriel Oduwole, and Sterling One Foundation.
This issue and gender equality came up when Ms Oduwole and Sterling One Foundation visited Governor Sanwo-Olu of Lagos State recently.
At 22 years old, Ms Oduwole is the youngest Nigerian ever nominated for the Nobel Peace Prize and the first to be recognized in this category. Her global advocacy in education, gender equality, and youth inclusion has influenced policies and engaged key decision-makers across multiple countries.
At the meeting, she emphasized the power of storytelling in driving social change, saying, “I have seen the power of storytelling in changing perceptions and opening doors for young people.
“When we share our stories, we inspire action. I am grateful to our partners for amplifying young voices and creating opportunities that make a real difference.”
Her remarks highlight the role of storytelling in influencing narratives that drive meaningful change.
By amplifying diverse voices and ensuring that young people, especially women and girls, have platforms to be heard, storytelling becomes a powerful tool for influencing policies, shifting mindsets, and creating lasting impact in communities. The need for sustained efforts to support and invest in these platforms has never been more critical.
Also, Sterling One Foundation highlighted its investment in social impact across critical sectors.
The chief executive of the organisation, Ms Olapeju Ibekwe, also highlighted the importance of telling African stories and driving impact through intentional programming, while also reflecting on this year’s International Women’s Day theme, Accelerate Action.
“At Sterling One Foundation, we are intentional about telling African stories that reflect the strength and potential of our people. This is evident in our focus areas and programming, where we have deliberately mainstreamed gender equality and women’s empowerment.
“This aligns with the call to ‘Accelerate Action’ this International Women’s Day, reinforcing the urgency of breaking barriers for women and girls.
“We are proud of Zuriel Oduwole for amplifying these values on the global stage, and we remain committed to creating an environment where young changemakers, especially women and girls, have the support and opportunities they need to lead and succeed,” Ms Ibekwe stated.
In his remarks, Mr Sanwo-Olu recognized Ms Oduwole’s contributions and her historic Nobel Peace Prize nomination, describing it as a milestone for Nigeria and the African continent.
“This achievement reflects the resilience and determination of our people. In the past five years, we have faced COVID-19, economic challenges, and instability, yet we have continued to create opportunities for young Nigerians in technology, finance, and entertainment.
“Lagos is proud to support Zuriel’s journey and work with the Sterling One Foundation to expand opportunities for the next generation,” the Governor said.
By Adedapo Adesanya
The Pension Transitional Arrangement Directorate (PTAD) has said the implementation of the Defined Benefit Scheme Pension Harmonisation is a reform meant to advance and enhance pension payment equity in the country.
The chief executive of PTAD, Mrs Tolulope Abiodun Odunaiya, said this initiative was a landmark reform designed to restore fairness, improve retirees’ welfare and strengthen confidence in the administration of the country’s legacy pension system.
The harmonisation exercise marks one of the most significant policy interventions in the Defined Benefit Scheme since PTAD was established in 2013 to take over the management of pensions under the old federal pension arrangement.
Unlike periodic pension increases that merely raise existing benefits by a percentage, she stressed that pension harmonisation was further than that by recomputing pensions using the latest approved salary structures that existed before the closure of the Defined Benefit Scheme.
She noted that the objective is to ensure that retirees who held similar positions and rendered comparable years of service receive equitable pension benefits regardless of their retirement dates.
The initiative comes against the backdrop of years of agitation by pensioners over historical disparities in pension computation.
She added that the PTAD’s harmonisation programme seeks to resolve that challenge by restoring parity within the system. According to her, pension harmonisation is the formal recomputation of pensions using approved salary structures applicable before the DBS cut-off date.
In practical terms, it ensures that pension outcomes are determined by rank, grade level and years of service rather than the year of retirement.
The Directorate believes the exercise will significantly improve social justice by correcting historical inequities that disadvantaged thousands of retirees.
The harmonisation applies primarily to pure Federal Government pensioners as well as eligible retirees under the Parastatals Pension Department (PaPD), Defunct and Transferred Agencies Pension Department (DTAPD), and the Education and Health Pension Department (TEHPD), particularly those who initially served under the Federal Government before their agencies were transferred to state governments.
By Adedapo Adesanya
The Nigeria Police Force will today, Tuesday, July 14, 2026, arraign the controversial director-general of the non-existent Presidential Foreign Intervention Promotion Council (PFIPC), Mr Adeniyi Adeyemi.
The arraignment will take place before Justice Mohammed Umar of the Federal High Court in Abuja.
The police had charged Mr Adeyemi alongside two others with eight counts, including forgery and impersonation, in the case marked FHC/ABJ/CR/562/2025.
The case was initially filed on November 27, 2025, by Mr Wisdom Madaki, a police prosecutor.
Court proceedings had stalled on June 16, scheduled for Mr Adeyemi’s arraignment, due to his absence from court on grounds of ill health.
According to the court documents, proposed prosecution witnesses to testify against the defendants include the Chief of Staff to the President, Mr Femi Gbajabiamila; Paul Emmanuel, Jeremiah Imoukhede and Ituah Sylvester.
Others are civil servants working in the Office of the Accountant General of the Federation, Mr Akimbo Shola and Mr Adamu Balongu, a deputy superintendent of police, were on the list.
Also listed as witnesses are Mr Ojo Victor, Mr Omeh Amarachukwu, and Mr Wakili Saidu, all of whom were allegedly posted to work with Mr Adeyemi at the non-existent agency.
Others are Mrs Joy Ngwoke, the owner of Kachi Hotel in Abuja, and Mr Ven Okoriko, the pastor of St. Matthew’s Anglican Church, Maitama.
The documentary exhibits planned to be tendered by the prosecution to prove the case include the police investigation report, Mr Gbajabiamila’s petition dated October 17, 2025, and Mr Adeyemi’s fake presidential appointment letter dated March 8, 2024.
They also include the request for a note verbale by Mr Adeyemi sent to the Ministry of Foreign Affairs and the approvals he got to open accounts with the Central Bank of Nigeria (CBN), the request for approval of self-accounting status Mr Adeyemi sent to the Accountant-General of the Federation’s office and the conveyance of approval for take-off of the PFIPC.
Other documents listed by the prosecution are a letter of request for collaboration with the ministry in the area of land acquisition and offices across the 36 states of the federation; statements of all the witnesses and that of the defendants, and pictures.
The police, in the court document, said, “The prosecution shall at the trial call any other related witness or witnesses to prove its case.”
The prosecution accused Mr Adeyemi of operating the fictitious agency from the 2nd Floor of the Federal Secretariat Complex in Abuja, Phase III, before his arrest.
Last week, President Bola Tinubu directed the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to conduct a thorough investigation into the activities of the fictitious agency.
The president gave the ICPC 30 days to complete the investigation, so it is currently unclear how the outcome of the ICPC investigation would impact the police prosecution.
By Aduragbemi Omiyale
A coordinated push to position gender inclusion as a driver of business competitiveness, investment and long-term economic growth has led to the introduction of the Nigeria Gender Country Programme (NGCP) by the private sector.
This initiative, led by the International Finance Corporation (IFC), a member of the World Bank Group, in partnership with Nigerian Exchange (NGX) Group Plc and the Lagos Chamber of Commerce and Industry (LCCI), aligns advisory expertise, funding and partnerships to strengthen women’s representation in leadership, improve access to quality employment, and expand access to finance, technology and markets for women and women-led businesses.
It builds on the CEO Roundtable held in June and the progress achieved through Nigeria2Equal, IFC’s earlier initiative, as it now moves into implementation, with participating organisations expected to adopt practical, measurable gender-smart business practices.
The economic case is significant, with the program underpinned by research showing that closing gaps in women’s leadership, employment and entrepreneurship could generate an estimated $22.9 billion in additional economic output annually, reinforcing the economic case for stronger private sector action on gender inclusion.
“Advancing women’s economic participation is no longer simply a social aspiration; it is a business imperative, an investment in productivity, a catalyst for innovation and a driver of sustainable economic growth.
“Through the Nigeria Gender Country Program, we are creating a practical framework that will help businesses strengthen leadership, expand opportunity and unlock the inclusion dividend for Nigeria’s economy,” the chairman of NGX Group, Mr Umaru Kwairanga, stated.
The Governor of Lagos State, Mr Babajide Sanwo-Olu, represented by the Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose-Medebem, reaffirmed the state’s commitment to creating an enabling environment for women-led enterprises and strengthening inclusive economic development, while the Minister of Women Affairs, Mrs Imaan Sulaiman-Ibrahim, represented by Ms Aishatu Digili, called for stronger collaboration between government, development institutions and the private sector to accelerate women’s economic empowerment and expand opportunities for women across key sectors of the economy.
The Division Director for West and Central Africa at IFC, Mr Olivier Buyoya, said, “Creating more and better jobs is central to IFC’s mission across Africa. Economies grow faster, and businesses perform better when women have equal opportunities to participate, lead, innovate and succeed.
“Through the Nigeria Gender Country Program, we are bringing together the private sector, capital markets and development partners to help companies turn this opportunity into stronger business performance, greater competitiveness and more inclusive growth. We look forward to working with Nigerian businesses to unlock the full economic potential of women as a driver of Nigeria’s future prosperity.”
Speaking on behalf of the Director-General of the Securities and Exchange Commission (SEC), Mr Emomotimi Agama, the Commission’s Executive Commissioner, Legal and Enforcement, Ms Frana Chukwuogor, said, “The Commission welcomes the Nigeria Gender Country Program as an important platform for deepening collaboration, innovation and knowledge sharing in support of inclusive market development. We commend the IFC for its leadership in promoting inclusive private sector development globally, and for its partnership with Nigeria in strengthening our financial markets.”
