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Women Can’t Help in Nation-Building if Excluded by Law, Cultural Practices—Johnson

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omobola johnson Nation-Building

By Aduragbemi Omiyale

The chairman of Guinness Nigeria Plc, Mrs Omobola Johnson, has lamented the imbalance in female representation in all facets of life, warning that it could hinder women from being part of nation-building.

She said this on Wednesday, March 2, 2022, when the Nigerian Exchange (NGX) Limited hosted a digital closing gong ceremony to celebrate the accomplishments of female chairpersons of NGX listed companies and their affiliates who were appointed in 2021.

The event was organised in line with the exchange’s ongoing collaboration with the International Finance Corporation (IFC) which aimed to reduce the gender gaps in leadership, employment, and entrepreneurship under the Nigeria2Equal programme.

In her presentation, the businesswoman said, “It is quite ironic that we are celebrating the advancements we have made in corporate governance a day after the National Assembly voted very strongly against a bill that was seeking to address the imbalance in female representation in all facets of our national life.”

“Building a greater nation requires all hands to be on deck. Women want to be partners and collaborators on this journey and we cannot be if we are excluded by law, cultural practices and norms,” she submitted.

In her remarks, the Chairperson of NGX Real Estate Limited, Mrs Angela Adebayo, appreciated the board of directors of the bourse for the laudable initiative.

She acknowledged the transition of NGX Group of Companies from a company with less than 30 per cent female representation on the National Council of the Nigerian Stock Exchange (NSE) to a group of four companies with two female Chairs.

She also commended NGX for its continuous efforts in collaborating with renowned organisations such as the IFC and leveraging its platform to make gender issues front and centre in the economic agenda.

On her part, Mrs Catherine Echeozo, Chairman of NGX Regulation Limited, acknowledged and congratulated the board chairperson appointees being celebrated, highlighting the benefits of diversity. “Diversity is about tapping on the full breadth and depth of talent available and equipping companies with diverse talents and viewpoints so that they can better navigate and address challenges in an increasingly complex and competitive global environment,” she stated.

Commenting on the opportunities that corporate organisations can leverage from promoting gender equality, the chairman of Ecobank Nigeria, Mrs Bola Adesola, stated that, “As a pre-eminent Pan-African institution in over 33 African countries, our focus on gender balance supports our mission to contribute to the economic and financial development of our continent.

“This is so because one in four Micro, Small and Medium Enterprises, in Africa is managed by a woman. Ecobank is very happy to continue to collaborate with NGX and IFC to Break the Bias. I would like to urge us all to diligently work against actions that threaten the human rights of half the population of our dear country.”

The Chairman of Access Bank Plc, Mrs Ajoritsedere Awosika, congratulated all the recent board appointees and highlighted the importance of celebrating female leaders as a critical step to inspiring younger professional women.

She said, “This closing gong ceremony is a laudable occasion where NGX has shown that evidently, there is a need to celebrate women in order for other women to come up.

“This celebration of women that NGX is implementing in partnership with IFC is going to go a long way to show other institutions the need to promote what is ongoing at all levels of human endeavour that women are actively getting into positions of service to make a positive difference.”

During his opening remarks, the CEO of NGX, Mr Temi Popoola, assured that the organisation will continue to provide the platforms to support issuers and market participants to achieve their gender goals and aspirations.

As for the Senior Country Manager for Nigeria, IFC, Mr Kalim Shah, the IFC will continue to invest in increasing women’s participation in corporate leadership, employment and entrepreneurship.

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Crude Oil Tanker Seized Near Venezuela Not Registered in Nigeria—NIMASA

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MV Skipper

By Adedapo Adesanya

The Nigerian Maritime Administration and Safety Agency (NIMASA) has clarified that the crude oil vessel, MV Skipper, intercepted by the United States Coast Guard, in collaboration with the US Navy for its alleged involvement in crude oil theft and other transnational crimes is not registered in Nigeria.

NIMASA said the Very Large Crude Carrier (VLCC) SKIPPER with IMO Number 9304667 is not a Nigerian-flagged vessel, and its purported owners, Thomarose Global Ventures Limited, are not registered with NIMASA as a shipping company.

An analysis of the vessel’s movement carried out NIMASA through its Command, Control, Communication, Computers and Intelligence (C4i) Centre showed that the facility was last sighted on Nigerian waters on July 1, 2024.

“After departing Nigerian waters, the vessel continued on its international voyage pattern and was tracked operating in the Arabian Sea (Asia) and later in the Caribbean region, where the US interdiction eventually took place.

“Records indicate that SKIPPER, which was formerly owned by Triton Navigation Corp, has undergone multiple name changes over time.

The Director General of NIMASA, Mr Dayo Mobereola, reaffirmed the agency’s commitment to collaborate with all relevant stakeholders, including US authorities, in the ongoing investigations, noting that in a statement that criminality will not be tolerated on Nigerian waters.

Last week, US forces seized an oil tanker carrying a Panama flag believed to be the VLCC Skipper, after satellite imagery showed the vessel secretly loading over 1.8 million barrels of sanctioned Merey crude at Venezuela’s José Terminal.

The vessel had been transmitting falsified AIS positions during the operation, a tactic increasingly used by “dark fleet” tankers tied to Venezuelan and Iranian trades. It was later revealed that the seized tanker Skipper, was carrying crude contracted by Cubametales, Cuba’s state-run oil trading firm.

The seizure of the sanctioned oil tanker has sharply escalated tensions between the US and Venezuela. The US government also said it is preparing to intercept more ships transporting Venezuelan oil.

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SERAP Threatens to Sue AGF Fagbemi Over Failure to Enforce NDDC Judgment

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By Adedapo Adesanya

The Socio-Economic Rights and Accountability Project (SERAP) has urged the Attorney General of the Federation and Minister of Justice, Mr Lateef Fagbemi, “to immediately enforce the judgment compelling and directing him and president Bola Tinubu to widely publish the names of those indicted in the alleged misappropriation of N6 trillion meant to implement the abandoned 13,777 projects and in the running of the Niger Delta Development Commission (NDDC) between 2000 and 2019.”

The judgment was delivered on Monday, November 10, 2025, by Justice Gladys Olotu following a Freedom of Information suit number: FHC/ABJ/CS/1360/2021 brought by SERAP.

The court also ordered Mr Fagbemi and the president “to publish and make available to the public the NDDC forensic audit report submitted to the federal government on September 2, 2021.”

In the letter dated December 13, 2025 and signed by SERAP deputy director, Mr Kolawole Oluwadare, the organisation said: “The continuing failure and/or refusal to publicly acknowledge the judgment and immediately enforce it makes a mockery of the country’s legal and judicial processes and the rule of law.”

It warned that the ongoing failure and/or refusal to enforce the judgment is a fundamental breach of both the letter and spirit of the Nigerian Constitution and a direct assault on the rule of law.

“Obeying the judgment would reinforce the primacy of the Nigerian Constitution, and the country’s international obligations and show respect for the rule of law.

“The Attorney General is the Chief Law Officer of the Federation and as such has the responsibility to uphold the Nigerian Constitution, advise the government to ensure that its actions conform with judicial decisions, obey the rule of law and generally act in the public interest,” it disclosed.

The group noted that, “We would be grateful if the recommended measures are taken within 7 days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall consider pursuing contempt proceedings against you to compel you to uphold the Nigerian Constitution and the rule of law.”

“SERAP notes the recent public commitments by President Tinubu to ‘improve the welfare of the Niger Delta region and address the challenges facing the region.’ Immediately enforcing the NDDC judgment would ensure the fulfilment of these commitments,” it concluded.

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NCSP Strengthens Strategic Investment Cooperation With China

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By Adedapo Adesanya

The Nigeria–China Strategic Partnership (NCSP) recently hosted a high-level delegation from Newryton International Industrial Development Company Limited, a leading Chinese investment and industrial development consortium, to advance discussions on deepening bilateral trade, industrial cooperation, and development financing between both countries.

The Newryton delegation, led by Mr David Chen, Assistant Secretary-General of the China Hainan Investment Council, had earlier engaged with the Nigerian Association of Commerce, Industry, Mines and Agriculture (NACCIMA). They were accompanied to the NCSP by Mr Joe Onyuike, Vice-Chairman of NACCIMA’s Agriculture and Livestock Trade Group, who conveyed NACCIMA’s support for the delegation’s engagements.

Discussions centered on the establishment of a Nigeria–China Trade and Investment Platform, including a proposed Promotion Centre in China to support Nigerian products, investors, and state governments.

The consortium also presented opportunities within Hainan Province’s Free Trade Port (FTP), which offers preferential policies that Nigerian businesses can leverage to expand exports and attract new investments.

In his address on behalf of Newryton, Mr Pong outlined plans to collaborate with NCSP in accessing FOCAC-supported financing for strategic investments in agriculture, energy, mining, solid minerals processing, and related sectors. The delegation identified aquaculture as a key area of interest and referenced the forthcoming Global Aquaculture Conference in Hainan Province, encouraging Nigerian stakeholders to participate.

They also expressed readiness to strengthen cooperation in vocational training and employment under the Belt and Road Initiative (BRI).

Welcoming the delegation on behalf of the Director-General, Martins Olajide, NCSP’s Head of Internal Operations, reaffirmed the organisation’s commitment to fostering mutually beneficial partnerships.

He highlighted NCSP’s strong interest in the proposed Nigeria–China Trade and Investment Platform and the development of the Nigerian Oil Palm Industrial Park as a flagship demonstration project.

Also speaking at the meeting, Ms Judy Melifonwu, NCSP’s Head of International Relations, underscored the opportunities presented by China’s zero-tariff policy and the forthcoming NAQS–GACC protocol on the export of Nigerian aquaculture products. She noted that these frameworks would significantly enhance Nigeria’s competitiveness in emerging global markets.

Both parties expressed commitment to advancing discussions toward a structured cooperation framework covering all priority areas.

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