News
JUST IN: Fire guts building at Geometric Power premises, Aba Power Plant
Management of Geometric Power, otherwise known as Aba Power, says there was a fire outbreak on Monday at its company’s premises in Aba, Abia State.
The utility company disclosed this in a statement on Monday.
It stated that the fire broke out in the early hours of Monday, noting that the cause is not yet known.
“There was a fire outbreak early this morning in a temporary building on the premises of Geometric Power, Nigeria’s foremost integrated power company, located in the Osisioma Industrial Layout, Aba, Abia State.
“The building was used by a defunct South African electricity firm known as Group 5 during the construction of facilities in the integrated power company and has been of little use for over 12 years. Though the cause of the fire has yet to be determined,” the statement disclosed.
The management noted that the fire was contained by the Geometric Power staff before the arrival of the Abia State Fire Service which responded promptly to the emergency call.
Geometric Power management commended its staff members for their vigilance and gallant efforts in containing the fire and the Abia State Fire Service for its swift response and professionalism.
The management also appreciated members of the public for their concern and support.
“Geometric Power assures the public of their commitment to work assiduously for constant, quality and affordable electricity in the Aba Power Ring-fenced Area and elsewhere for the rapid socioeconomic progress of the Nigerian nation,” the statement added.
News
NECA Urges Immediate Halt to NAFDAC’s Renewed Enforcement of Sachet Alcohol Ban
The Nigeria Employers’ Consultative Association (NECA) has strongly criticized the National Agency for Food and Drug Administration and Control (NAFDAC) for resuming enforcement of the ban on the production and sale of alcoholic beverages in sachets and small PET bottles, calling it a “serious regulatory misstep” that threatens jobs, investments, and Nigeria’s regulatory credibility.
In a statement signed by NECA Director General Wale-Smatt Oyerinde, the employers’ body highlighted that the ongoing crackdown contradicts a December 15, 2025, directive from the Office of the Secretary to the Government of the Federation (SGF) suspending all enforcement actions pending further consultations.
It also disregards a March 14, 2024, resolution by the House of Representatives urging restraint and inclusive stakeholder engagement.
NECA emphasized that the enforcement is already disrupting legitimate businesses, jeopardizing thousands of jobs across the wines and spirits value chain—including manufacturing, packaging, distribution, retail, and agriculture—and eroding investor confidence amid economic challenges such as high operating costs and currency pressures.
While affirming strong support for protecting minors, removing unsafe products, and advancing public health, NECA argued that the current blanket approach is flawed.
It disproportionately affects compliant, NAFDAC-registered manufacturers whose products underwent rigorous testing, registration, and revalidation processes. These products comply with international alcohol-by-volume (ABV) standards for spirits, with clear labeling and warnings restricting consumption to adults over 18.
Oyerinde stressed that underage access stems from enforcement gaps at the retail level—such as weak age verification and monitoring—rather than packaging formats. He advocated for smarter, evidence-based measures, including stricter retailer licensing, compliance checks, public education on responsible drinking, and intensified crackdowns on illicit narcotics and unregistered substances, which pose greater dangers to youth.
The statement noted that sachet and small-pack formats address affordability for low-income adult consumers in Nigeria’s economy, where daily small purchases are common.
Banning them risks shifting demand to unregulated, informal alternatives, potentially worsening public health risks while shrinking the formal economy and government revenue.
NECA also addressed environmental concerns over plastic waste, suggesting they be tackled through broader waste management, recycling, and extended producer responsibility policies across industries, rather than selective product bans that conflate environmental issues with product safety.
The association rejected any notion of opposing regulation, instead calling for science-driven, proportionate, and rule-of-law-based policies. It demanded an immediate suspension of enforcement in line with the SGF’s directive and a return to structured dialogue involving regulators, industry, public health experts, and consumers to develop balanced solutions.
“Nigeria deserves regulation that safeguards public health while preserving livelihoods, investment, and respect for due process,” Oyerinde concluded.
“Policies ignoring science, economic realities, and regulatory coherence risk causing more harm than good.
“NECA, established in 1957, serves as the umbrella body for organized private-sector employers in Nigeria, advocating for policies that foster a harmonious business environment, productivity, and prosperity.
News
Otunba Adekunle Ojora, Industrialist and broadcaster dies at 93
Ojora held significant interests in AGIP Petroleum Marketing, NCR Nigeria, and founded several private firms, including Nigerlink Industries, Unital Builders, and Lagos Investments, a holding company. In the wake of the Nigerian Enterprise Promotion Act.
• Photo of Otunba Adekunle Ojora
The Head of Ojora Royal Family of Lagos, on Wednesday announced the death of Otunba Adekunle Ojora at the age of 93.
He is survived by his wife, Erelu Ojuolape, and children, including, Mrs. Toyin Saraki, wife of former Senate President Bukola Saraki.
In a statement issued on behalf of the Ojora Family by Prince Adewale Taorid Ojora, stated that Otunba Ojora who was born on June 13th 1932, died on January the 28th 2026.
Widely celebrated as one of Nigeria’s most influential corporate leaders of the post-independence era,
Otunba Adekunle Ojora carved an exceptional legacy that spanned journalism, public service, politics, and big-ticket corporate governance.
He was Chairman of the Board of AGIP Nigeria Limited from 1971 until its acquisition by Unipetrol in 2002.
Ojora’s professional journey began in the early 1950s at the British Broadcasting Corporation (BBC) after studying journalism at Regent Street Polytechnic, London.
He rose to the position of assistant editor, and later returned to Nigeria in 1955 to join the Nigerian Broadcasting Corporation (NBC) as a reporter.
He later moved to Ibadan, where he served as an information officer in the office of the then regional premier.In 1961, he transitioned into the corporate world, joining the United African Company (UAC) as Public Relations Manager and becoming an Executive Director in 1962.
His interest in commerce and enterprise deepened in the years that followed, marking the start of a lifelong influence in Nigerian boardrooms.
Following the military coup that ended the First Republic, Otunba Ojora was nominated to the Lagos City Council in 1966.
In 1967, he held two key appointments: Managing Director of WEMABOD, a regional property and investment company, and Chairman of the Nigerian National Shipping Line, succeeding Chief Kola Balogun.
After he left WEMABOD, he expanded his footprint as a major investor and entrepreneur.
Ojora held significant interests in AGIP Petroleum Marketing, NCR Nigeria, and founded several private firms, including Nigerlink Industries, Unital Builders, and Lagos Investments, a holding company. In the wake of the Nigerian Enterprise Promotion Act.
He acquired equity stakes in numerous foreign companies operating in Nigeria, including Bowring Group, Inchcape, Schlumberger, Phoenix Assurance, UTC Nigeria, Evans Brothers, and Seven-Up.
Beyond the boardroom, Otunba Ojora was deeply rooted in tradition. He was the Otunba of Lagos, Lisa of Ife and Olori Omo Oba of Lagos.
News
FCTA workers back to work in compliance with court orders
Our correspondent observed a steady flow of staff across departments, pointing to a gradual return to normal operations within the FCTA and FCDA.
STAFF of the Federal Capital Territory Administration (FCTA) and the Federal Capital Development Authority (FCDA) have resumed work following a court order directing the suspension of the strikes action.
Consequently, the main gate of the FCTA Secretariat showed workers arriving and proceeding to their various offices, signalling compliance with the court directive.
Our correspondent observed a steady flow of staff across departments, pointing to a gradual return to normal operations within the FCTA and FCDA.
Schools across the Federal Capital Territory have also reopened, bringing relief to residents and raising hopes that ongoing engagements between government and labour unions will remain peaceful and constructive.
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