News
Ikeja Electric Exits Labour Talks To Safeguard Service Excellence

Ikeja Electric has discontinued talks with Labour over the recent disengagement of workers, stating that the negotiation was tendingtowards a proposition that would jeopardise transparency, employee performance and service excellence to customers.
Last month, Labour had picketed the electricity distribution company for three days over the disengagement of workers who failed to meet the company’s performance objectives and were deemed to be performing below standard.
However, the picketing was suspended after Ikeja Electric reached an agreement with the National Union of Electricity Workers (NUEE) and Nigerian Labour Congress (NLC) to set up a committee to review the performance appraisal and competency assessment process.
Citing reason for its action, Felix Ofulue, Ikeja Electric’s, head of Corporate Communications, explained that the company had to discontinue due to a clear determination by representatives of Labour to stick to a pre-conceived and irreversible position that the process was flawed.
Therefore, the review process was an exercise in futility.
Rather than engage in an objective and constructive review of the whole appraisal process which is tailored in line with global best practices as Ofulue pointed out, Labour preferred an arbitrary review in which reduced criteria would be applied to certain selected employees who are members of the union”.
In his words: “The performance review process was classified into four stages, clearly detailing steps to be taken at each stage. However, Labour, without taking any of these steps into consideration and any justifiable rationale, insisted the process was flawed and demanded that Ikeja Electric must recall all disengaged staff”.
“While we remain committed to upholding best human capital processes and stakeholder engagement in fostering excellence in the workplace, there are indications that the propositions of certain actors in the negotiation process are against our resolve to provide improved services to our customers and are fixated on jeopardizing our overall interest to move the industry forward so we had no choice but to withdraw in the interest of our consumers”, he added.
Ofulue noted that the electricity sector had suffered great setback over several decades of mismanagement and stressed that it was time to focus on applying quality human capital to salvage the situation.
Calling for restraint, the Ikeja Electric spokesman pointed out that Labour was morally bound to protect the overall wellbeing of the masses, and not the interests of a select few.
He cited the last picketing exercise which caused great distress to the general public and cautioned against saboteurs and detractors who were bent on scuttling the negotiation process for selfish reasons.
He stressed that Ikeja Electric would resist any attempt to allow its customers go through another harrowing outage ordeal, cautioning that the company will not hesitate to seek redress at the Industrial Court should Labour disrupt its ability to provide customers electricity supply and worsen the power situation which over the few weeks have been dismal due to grid challenges and gas shortage.
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.
Telecom2 days agoUniCloud Africa, Open Access Data Centres Announce Strategic Partnership to Strengthen Digital Sovereignty Across Africa
General News2 days agoIshowSpeed’s African Tour was ‘Spy Job,’ for Elon Musk- Seun Kuti
E-Financial2 days agoPolice Arraign First Bank Manager over Alleged Forex Fraud
General News2 days agoUS Library Blames Hackers for Viral Posts Urging Violence in Nigeria
General News2 days agoBreaking News…Hackers Allegedly Expose EFCC Data, Operatives’ Identities
News2 days agoUK-Nigeria Trade Mission Builds on State Visit Momentum to Drive Commercial Outcomes
E-Financial2 days agoPalmPay Hits 35m Users’ Milestone
News2 days agoKarex, World’s Top Condom Maker to Hike Prices due to Iran war













