News
Ausso Leadership Academy Launches #Take5toGiveBack to Impact Governance

Nigeria’s Leading business and entrepreneurial mentorship platform, the Ausso Leadership Academy (#ALA) has launched the #Take5toGiveback programme in a bid to extend the ultimate mentorship experience to grassroots government decision makers in Nigeria.
The initiative was launched as part of her one-year anniversary commemoration.
#Take5toGiveback, a brainchild of the Alumni of #ALA aims to impact Local Government Chairmen and other decision makers within the Local Government Areas (LGAs).
The program entails soliciting sponsorships from Corporate Bodies and well-meaning High Networth Individuals to sponsor at least five decision makers from select LGAs to attend each cohort of the #ALA Signature Masterclasses to imbibe the mentorship framework for effective governance that will improve their communities; It cannot be gainsaid that to make any meaningful progress towards job creation and shared prosperity, Business must move in step with Government and Regulators rather than each operating in silos.
The mentorship framework will cover three distinct areas; the first being Driving Alignment through inspirational leadership and courageous followership, delivering a project through relentless execution and imbibing the virtue of serving the electorate.
The second focus area is Winning On Delivering Value, leading and managing change and setting up for socio-economic growth, while the third focus area is Imbibing Corporate Governance and Ethics, re-imaging the workplace for greater productivity and leaving an endearing legacy.
This initiative will empower decision makers at the Local Government Area to enact and enforce enabling regulation as well as breaking down the barrier between Government and Business, to foster inclusive growth at the grassroots, thus ensuring shared prosperity.
#ALA set the ball rolling by offering a full scholarship to Hon. Bolaji Madamidola (Chairman, House Committee on Education, Youth and Sport Development, Iru-Victoria Island LCDA) of the Eti-Osa Local Government Area.
Seeing the benefit of the impact, Hon. Madamidola convinced his cohort to assist in extending the benefit to his other colleagues in the LGAs, and hence the initiative was born. Other Legislators that have attended #ALA as Guest Delegates are Hon.Tayo James and Hon. Rotimi Ojutamo, both of Eti-Osa LGA.
Speaking at the occasion of the launch during the anniversary celebration, the Founder and Chief Executive Officer of the Ausso Leadership Academy, Austin Okere noted that the strides of the academy in just one year is a validation of its founding purpose, which is to “mentor entrepreneurs to institutionalize and scale their businesses geometrically in order to maximize the jobs they create and ensure shared prosperity”.
He passionately appealed for full support to the #Take5toGiveBack initiative, to enable more members of the legislature and decision makers in government to benefit from the #ALA impact.
Thanking all stakeholders for their commitment and support, he remarked that “one year from inception, ALA has remained true to its purpose and we have enjoyed ever-increasing recognition and endorsement by key stakeholders.
“This is highlighted by the visits of the Hon. Min. of Industry, Trade and Investments, Dr. Okey Enelama, Former Minister of Communications and Technology, Dr Omoobola Johnson, Deputy Governor of the Central Bank of Nigeria (CBN), Mrs Aishah Ahmad, the CEO of the three exchanges, Mr Oscar Onyema (Nigerian Stock Exchange), Mr Bola Onadele (FMDQ) and Mr Bola Ajomale (NASD), the former DG of the National Pension Commission, Muhammad K. Ahmad (OON), the Deputy British High Commissioner in Nigeria, Laure Beaufils, and many others.”
“We are indeed grateful to everyone that has committed themselves to this initiative, and we continue to count on you in our quest to mentor the giants of today and tomorrow, especially those in government on whom we depend for an enabling environment for business growth”, he concluded.
In his testimonial, Mr Udukheli Izibuno, an Alumni of the Academy said “every aspect of this institution has been carefully designed for the next generation of people that will do great things. I think #ALA is properly designed and properly targeted to attract these set of entrepreneurs and leaders.”
In the past year, the Ausso Leadership Academy has Mentored about 102 Entrepreneurs, representing 10 major corporates from diverse industry sectors and about 44 medium enterprises.
The academy has hosted 47 Champions of Business and Entrepreneurship to share their experiences and impacted about 400 Guest Delegates with its open Sessions; in line with her commitment of building a strong Community of Nigerian Business Leaders and Entrepreneurs.
Using its online content platform, #BusinessInsightsWithAO, ALA has produced over 50 video episodes on salient business and leadership issues to an audience of over 77,000 viewers on YouTube and other social media.
News
UK–Nigeria Skills and Schools Trade Mission Concludes with Strong Foundations for Education Partnership

A high-level UK delegation has concluded a week-long skills and schools trade mission to Nigeria, marking a significant step forward in education and skills cooperation between the two countries.

Running from 19-23 April 2026 across Abuja and Lagos State, the mission brought together leading UK private schools, skills providers, and education institutions with Nigerian partners, schools, and the Honourable Minister of Education Dr Tunji Alausa.
The mission follows the high profile and well received state visit to the UK in March, which also included education engagements. Supported by the UK’s Department for Business and Trade (DBT), the mission forms part of its new International Education Strategy, under which Nigeria has been identified as one of five priority education markets, spearheaded by Professor Sir Steve Smith, who is looking forward to visiting the country again this year.
The mission focused on in-country delivery of education, the establishment of world-renowned UK schools in Nigeria, and the development of skills and Technical and Vocational Education and Training (TVET) systems aligned with industry demand.
In Abuja, the delegation met with Nigeria’s Honourable Minister of Education, Dr Tunji Alausa, securing strong political backing for UK–Nigeria education partnerships and set the groundwork for ongoing institutional collaboration across both schools and skills.
In Lagos, delegates engaged further with potential partners and investors. In both cities the delegation was thrilled to visit local British curriculum schools and colleges to further enable them to experience first-hand the teaching and learning environment.
British Deputy High Commissioner, Jonny Baxter, said: “The UK and Nigeria share a deep and longstanding relationship, and opportunities in education are one of its most exciting frontiers.
“This mission has demonstrated the strong appetite on both sides to deepen collaboration in education and skills.”
“By bringing together UK schools and skills providers with Nigerian partners and policymakers, we are laying the foundations for even more long-term partnerships that support Nigeria’s education priorities, strengthen skills aligned to industry needs, and create opportunities for sustainable, in-country delivery as well as positioning Nigeria as the regional hub for high quality education.”
DBT Head of International Education, Sarah Chidgey, said: “This mission is a perfect example of the International Education Strategy being put into action, building on multiple two-way visits and the UK and Nigeria’s warm relationship. It has been heartening to see all the progress in UK Nigeria education collaboration since my first visit to Nigeria, as part of a wider delegation, in 2022.”
DBT’s mission concluded with a strong pipeline of follow-up activity, including targeted one-to-one meetings, MoU discussions, and agreed next steps between UK and Nigerian counterparts.
News
Tinubu Seeks Senate Approval for $516m Sokoto-Badagry Highway Loan

President Bola Tinubu has requested Senate approval for a $516.3 million foreign syndicated loan to fund key sections of the Sokoto-Badagry superhighway, a cornerstone of his Renewed Hope Agenda.

Tinubu
In a letter read by Senate President Godswill Akpabio during Thursday’s plenary, Tinubu invoked Sections 16 and 21 of the Debt Management Office Act, 2011, to secure financing via Deutsche Bank AG for Sections 1, Phase 1A, and 1B. The 1,000-kilometre project will span Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, linking Illela to Badagry and boosting trade, connectivity, and goods movement.
The nine-year loan, with a three-year grace period and interest at SOFR plus 5.3 per cent, includes a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC). The Federal Government will provide over ₦265 billion in counterpart funding for land acquisition and infrastructure.
Akpabio referred the request to the Senate Committee on Local and Foreign Debts for a one-week turnaround report. He endorsed the borrowing, stating it advances road safety and national integration.
The highway aims to cut travel times and stimulate economic corridors, with the Federal Executive Council already approving the plan.
News
Karex, World’s Top Condom Maker to Hike Prices due to Iran war

Karex, world’s largest condom maker, plans to raise prices by up to 30 percent due to supply disruptions linked to the Iran war.

This means that safe sex could get more expensive if the war continues to disrupt global supply chains, according to Goh Miah Kiat, CEO, Karex.
Kiat told old Reuters that rising freight costs and shipping delays have increased demand and forced the company to pass costs to customers.
Broader supply chain issues and higher oil prices could impact many everyday products that rely on petrochemicals.
“The situation is definitely very fragile, prices are expensive… We have no choice but to transfer the costs right now to the customers,” Goh told Reuters.
Karex joins a growing list of companies that are bracing for supply chain disruptions amid the ongoing war in Iran.
Based in Malaysia, Karex produces condoms, personal lubricants, gloves, medical catheters and probe covers.
The company manufactures male latex condoms including ONE, Trustex, Carex and Pasante, and it can produce over 5 billion condoms annually. Karex also exports to more than 130 countries, according to its website.
“We’re seeing a lot more condoms actually sitting on vessels that have not arrived at their destination but are highly required,” Goh said.
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