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Airtel Africa, BUA Foods, 11 Others Top Trillion-Naira

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Airtel Africa, BUA Foods, and 11 others have officially joined the elite trillionaire club as of the beginning of 2025, analysis by BusinessDay has shown.

 

Last year was tough for companies in Africa’s fourth biggest economy due to the spike in diesel prices, combined with foreign exchange losses and high input costs. Only 10 companies made the list of the trillionaire club.

 

However, 2025 brings glimmers of hope to the economy as 13 companies stand out with a market valuation of over N1 trillion, making them the most valuable companies in Nigeria and signifying its growing global influence.

 

BusinessDay analysis of the company results of the top 30 companies on the Nigerian Exchange Limited (NGX), popularly known as the ‘NGX30’, revealed that these firms combined market capitalisation amounted to N44.4 trillion.

 

Top on the list is Airtel Africa with N8.1 trillion, followed by BUA Foods with a market valuation of N7.5 trillion, and Dangote Cement with N6.8 trillion value.

 

Market capitalisation is the value of a company traded on the stock market, calculated by multiplying the total number of shares by the present share price. The top three firms that recorded high valuations saw significant growth in their share price.

 

Airtel Africa reported a 7.8 percent growth in its share price to N2,156.90 at the end of trading on January 17, 2025, from N2000 reported in the same period last year.

 

BUA Foods also reported a 72.9 percent increase in its share price while Dangote Cement’s share price fell by 11.6 percent during the period surveyed.

 

These companies, spanning industries from telecommunications to consumer goods, banking industrial goods, and energy owe their success to a combination of innovation, strategic leadership, and a keen understanding of the Nigerian and African markets.

 

According to the National Gross Domestic third quarter report, Nigeria’s GDP grew by 3.46 percent (year-on-year) in the service sector. However, the National Bureau of Statistics (NBS) is planning to rebase Nigeria’s GDP and the Consumer Price Index (CPI) to ensure our economic indicators are accurate, reflecting the updated structure of our economy.

 

The rebasing of the figure has shown significant structural changes in Nigeria’s economy, with crop production, trade, and real estate emerging as the three largest contributors to the economy.

 

Telecommunications, crude petroleum and natural gas, construction, food beverages, and tobacco made the top seven.

 

Crude oil and natural gas processing has been displaced by real estate from being the third economic activity, placing it at the fifth position.

 

Also, food beverages, and tobacco ranks 7th, construction enters as the 6th largest, while public administration is displaced from the top seventh largest.

 

Market analysts predict that the continued growth of these sectors will inspire investor confidence and drive increased foreign direct investment into Nigeria. Moreover, their leadership in market capitalisation could encourage other sectors to innovate and improve their competitiveness.

 

Airtel Africa

 

Airtel Africa’s market capitalisation stands at N8.1 trillion as of Friday. The firm’s share price amounted to N2,156.9 with a trading volume of 640.00 as of January 17, 2025.

 

The telecommunication which reports its financial in dollars revealed that it recorded total revenue of $2.3 billion in the first half of 2024 from N2.6 billion in the same period of 2023.

 

Profit after tax stood at N79 million, marking a bounce back to profitability after posting a $13 million net loss in the corresponding period in the previous financial year.

 

Earnings per share amounted to $0.8 per share from N-1.5 per share in the comparable period.

 

BUA Foods

 

BUA Foods’ market capitalisation stands at N7.47 trillion as of Friday. The firm’s share price amounted to N415 with a trading volume of 970,996 as of January 17, 2025.

 

The consumer goods revenue surged 104 percent to N1.07 trillion from N524.4 billion, while input cost grew to N736.9 billion from N340.6 billion.

 

Net profit after tax grew by 91 percent to N201.4 billion from N105.6 billion.

 

BUA Foods’ earnings per share grew to N11.19 per share from N5.87 per share during the period reviewed.

 

Dangote Cement

 

Dangote Cement, the multinational cement manufacturer reported a market valuation of N6.8 trillion as of Friday. The firm’s share price amounted to N400 with a trading volume of 6,639,944 as of January 17, 2025.

 

In its nine months financials, the firm reported N2.5 trillion in revenue largely fueled by increased local market sales.

 

After-tax profit during the period increased by a single-digit 0.55 percent to N279.09 billion from N277.5 billion.

 

The firm’s earnings per share rose to N16.55 from N16.08.

 

MTN Nigeria

 

MTN Nigeria’s market capitalisation stands at N4.9 trillion as of Friday. The firm’s share price amounted to N with a trading volume of 1,924,392.

 

As of January 17, 2025.

 

The telecommunication recorded revenue of N2.37 trillion in the nine months of 2024 from N1.7 trillion in the same period of 2023.

 

The firm reported a loss after tax of N514 billion from N14.9 billion. Earnings per share amounted to N-24,51 per share from N-0.68 per share in the comparable period.

 

BUA Cement

 

BUA Cement’s market capitalisation stands at N3.2 trillion as of Friday. The firm’s share price amounted to N93 with a trading volume of 720,285 as of January 17, 2025.

 

The cement company recorded a revenue of N583 billion in the 9M’24 from N335 billion in the same period of 2023.

 

Profit after tax fell to N48.9 billion from N76 billion. BUA Cement’s basic earnings per share stood at N145 per share from N225 per share in the reviewed period.

 

Geregu Power

 

The market capitalisation of Geregu Power as of January 17, 2025, stood at N2.9 trillion. The power-generating firm share price amounted to N1,150 with a trading volume of 414.00.

 

Geregu Power’s after-tax profit rose to N24.1 billion in 9M’24 from N11.3 billion in the corresponding period of 2023. The company’s revenue rose to N112.5 billion from N55.7 billion aided by energy sales.

 

During the reviewed periods, its finance income rose to N6.5 billion from N6.08 billion in 2023 and its finance cost fell to N7.3 billion from N8.4 billion. The firm’s earnings per share rose to N9.68 from N4.54.

 

Seplat Energy

 

Seplat Energy began the year with a market capitisation of N3.35 trillion. The firm’s share price amounted to N5,700 with a trading volume of 3,146.00 as of January 17, 2025.

 

The energy firm recorded revenue of N1.07 trillion in the 9M’24 from N478 billion in the same period the previous year. Profit after tax increased to N52.7 billion from N46.9 billion.

 

Zenith Bank

 

Zenith Bank’s market capitalisation stands at N1.5 trillion as of Friday. The firm’s share price amounted to N46.8 with a trading volume of 7,521,769 as of January 17, 2025.

 

 

Zenith Bank Plc has reported a Profit After Tax (PAT) of N827 billion for the nine months ending September 30, 2024 (9M 2024), reflecting a 91 percent year-on-year increase from the N434.2 billion recorded in the same period of 2023.

 

The bank’s N2.9 trillion gross earnings during 9M 2024 marked a 118 percent YoY growth from the N1.3 trillion gross earnings posted in 9M 2023. It also marks the highest revenue generated by any Nigerian business during the nine months.

 

Transcorp Hotel

 

The hospitality company reported a market capitalisation of N1.3 trillion, and its share price amounted to N127.35 with a trading volume of 86,387 as of January 17, 2025.

 

The after-tax profit of Transcorp Hotel increased to N10.2 billion from N4.1 billion during the period. The firm’s cost of sales rose to N14 billion claiming 28 percent of the company’s revenue.

 

The company’s finance cost fell to N2.9 in 9M from N2.95 billion while income tax rose to N6.1 billion from N1.4 billion. Earnings per share rose to N100 from N40 in the same period of 2023.

 

GTCO

 

Guaranty Trust Holding Company (GTCO), a tier-one bank in Nigeria market valuation rose to N1.7 trillion, its share price amounted to N58 with a trading volume of 65,052,416 as of January 17, 2025

 

The holding company recorded an after-tax profit of N1.08 trillion in the nine months of 2024 driven by interest income.

 

GTCO’s interest income grew by 161 percent to N980 billion, compared to N374.5 billion during the same period in 2023.

Meet Silas Adekunle, World’s Highest Paid Robotics Engineer’s Brainchild, Awarri

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Silas Adekunle is the co-founder of Awarri, an Artificial Intelligence (AI) research lab startup. Alongside his partner, Eniola Edun, Adekunle established Awarri to ensure Africans have representation in the rapidly evolving field of AI.

Awarri was born out of the need to democratise access to AI and robotics technology across the continent. The startup uses MekaMon, an innovative gaming robot, as a tool to inspire young tech enthusiasts and spark interest in STEM fields.

MekaMon is a four-legged robot that moves like a real creature, bringing video games to life through robotics and augmented reality. An app developed alongside MekaMon allowed users to control the robot and enjoy an even richer gaming experience.

Last year, Bosun Tijani, Nigeria’s Minister of Information, Communication, and Digital Economy, announced a partnership with Awarri to build Nigeria’s own large language model (LLM).

“Awarri, along with nonprofit Data.org and two government bodies, will build an LLM trained in five low-resource languages and accented English,” the minister stated.

Before founding Awarri, Adekunle and Edun were more prominent in the gaming industry. Edun had launched Gamr Africa, a startup aimed at advancing gaming culture in Lagos, while Adekunle gained international recognition through Reach Robotics. Reach Robotics achieved a major milestone when it signed a deal with Apple for the distribution of MekaMon.

Awarri later acquired the rights to MekaMon, integrating the robot into Nigerian schools to teach children computer science and coding skills. “MekaMon has been a powerful tool in introducing students to technology in a hands-on and engaging way,” Edun noted.

Continuing its mission of fostering AI talent, Awarri launched a data annotation lab in Ikorodu, Lagos, in November 2023. The lab is designed to serve as an AI talent development hub, particularly for the densely populated suburban area.

In the same year, it launched LangEasy, a platform that allows anyone with a smartphone to help train the model through voice and text inputs. LangEasy gives users sentences to read aloud and asks them to save the audio on the app. The app will help crowdsource data for Awarri’s LLM.

Tax Bills: Tinubu Hails Govs As Ndume Rejects 30% VAT Formula

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President Bola Tinubu, on Friday, expressed his appreciation for the Nigeria Governors’ Forum, following their unanimous endorsement of the revised tax reform bills currently under consideration by the National Assembly.

Tinubu lauded the governors for “their bold leadership and commitment to fostering unity among leaders nationwide.”

The President, in a statement by his Special Adviser, Bayo Onanuga, said the consensus transcended regional, ethnic, and political barriers to advance Nigeria’s development.

On Thursday, January 17, the governors collectively endorsed President Tinubu’s proposed tax reform bills, including the contentious shift to a derivation-based VAT model.

The President described Thursday’s consultation between the NGF and the Presidential Committee on Tax and Fiscal Policy as “a commendable example of cooperation between the Federal and State governments.”

He extended special commendations to the Chairman of the NGF, and Kwara State Governor, Abdulrahman AbdulRazaq, for successfully galvanising support among his peers for the bill.

Tinubu also commended the Progressive Governors Forum, the Northern Governors Forum, and all other groups that made the bipartisan resolution of the controversy stirred by the tax bills possible.

The President noted that the primary aim of the bills was to promote national interests, improve the competitiveness of Nigeria’s economy, and attract both local and foreign investments.

“The President notes that the dialogue between the NGF and the Presidential Committee on Tax and Fiscal Policy Reform highlights the power of constructive conversation in resolving differences.

“President Tinubu regards the governors as vital contributors to nation-building and affirms his commitment to partnering with them to promote economic growth, national harmony, peace, and stability,” the statement read.

Ndume rejects 30% new VAT sharing formula

Meanwhile, the lawmaker representing Borno South Senatorial District, Ali Ndume, has kicked against the 30% derivation sharing formula of Value Added Tax in the updated tax reform proposal endorsed by the 36 state governors on Thursday.

In an exclusive interview with Saturday PUNCH, Ndume said the proposed 30% VAT sharing formula remained high, despite the endorsement by the governors.

He said, “30% VAT sharing based on derivation is too high. Do not forget that derivation for oil-producing states is 13 per cent and these are people who are bearing the brunt of environmental degradation. I personally think that derivation should either be 10 per cent or if we must go higher, 13 per cent.”

On the shift of position by the governors, Ndume said, “It is good that the governors accepted the adjusted VAT sharing formula, but it should not stop there. The National Economic Council, the Northern Elders Forum, and all those who opposed the bills should come up with their position on this new development so that together, a common ground can be reached on the way forward.

“Now that the governors have spoken, the public should also be allowed to bare their minds on the tax bills through public hearings,”

The senator called for a reduction of the four per cent non-oil revenue retained by the Federal Inland Revenue Service, saying, “What they are collecting is an administrative tax. It should not be more than 1 per cent,

“This is why they spend extravagantly because four per cent of the trillions of naira they collect every year is huge.”

Going forward, the All Progressives Congress chieftain urged the Federal Government to learn from the controversy the tax bills generated owing to a procedural misstep.

“Any proposal or reform targeted at the public should be given time for the people to make their input. There is no need to rush public policy because laws are made for the people and not the people for the laws,” he added.

Nigeria Has Joined BRICS As Partner Country

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Brazil has formally announced Nigeria’s admission as a partner country in the BRICS alliance.

The Brazilian foreign ministry communicated the development in a statement on Friday.

The Brazilian government welcomes the Nigerian government’s decision,” the statement said.

Originally comprising Brazil, Russia, India, China, and South Africa, the alliance began to expand after more countries began seeking to join the group of leading emerging economies.

The alliance’s partner-country category was created at the 16th BRICS Summit in Kazan in October 2024.

During the summit, reports indicated that Nigeria had joined as a partner country.

Eche Abu-Obe, then-spokepserson of the ministry of foreign affairs, had also touted Nigeria’s acceptance into the league.

Brazil’s announcement makes Nigeria BRICS’ ninth partner country, joining Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Thailand, Uganda, and Uzbekistan.

With the world’s sixth-largest population—and Africa’s largest—as well as being one of the continent’s major economies, Nigeria shares convergent interests with other members of BRICS,” the Brazilian foreign ministry added.

“It plays an active role in strengthening South-South cooperation and in reforming global governance—issues that are top priorities during Brazil’s current presidency.”

Nigeria has continued to push for full membership in the alliance.

Supreme Court Document Reveals No Record Of Obasa’s Legal Enrollment –

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Impeached Lagos Speaker Obasa’s Legal Credentials Questioned, Supreme Court Reveals No Record of His Enrollment.”

More trouble seems to be brewing for recently impeached Speaker of Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, as a document, which surfaced on the social media, reveals that his name is not in the record of legal practitioners in Nigeria.

A Supreme Court document has revealed that impeached Lagos Speaker Obasa is not registered as a legal practitioner, sparking controversy. The document, a response by the Supreme Court to a verification request on the status of Obasa as a lawyer, was dated July 24, 2020 and signed by one Gertrude Karenton-Mordi on behalf of the Chief Registrar of the Supreme Court.

Titled, “Re: Verification of Mudashiru Ajayi Obasa as a Solicitor and Advocate of the Supreme Court of Nigeria,” the apex court, according to the document, advised the impeached speaker to come to the apex court with relevant documents for enrolment, as his name was not found in the apex court’s records

The document read, “We acknowledge receipt of your letter dated 23rd July, 2020 and on the above captured subject matter. This is to inform you that we have checked our records and cannot find the name: MUDASHIRU AJAYI OBASA on the numerous Rolls of Legal Practitioners kept in this Honourable Court.

“MUDASHIRU AJAYI OBASA is at liberty to come to this Honourable Court with his Call to bar and qualifying certificates for enrolment. If he has done a change of name, he is expected to show proof of same.” Meanwhile, the spokesman of the Supreme Court, Dr Fetus Akande, confirmed the document, acknowledging that, “It emanated from our office.”

Obasa had claimed to have received a bachelor’s degree in Law from Lagos State University, Lagos, in 2006. However, an anonymous person on July 23, 2020 wrote the apex court seeking to confirm if the name of Mudashiru Ajayi Obasa was contained in the Rolls of Legal Practitioners at the apex court.

Obasa was on Monday impeached as Speaker of the Lagos State House of Assembly, paving the way for the first female speaker, Rt. Hon. Mojisola Meranda. His offences bordered on gross misconduct and abuse of office.

Tinubu Congratulates Nigerians On Making Biden’s Honours List

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President Bola Tinubu has congratulated six distinguished Diaspora Nigerians named by President Joe Biden among the 400 recipients of the Presidential Early Career Award for Scientists and Engineers (PECASE) in the United States.

A statement issued on Thursday by Bayo Onanuga, Special Adviser to the President (Information & Strategy) noted that the prestigious recognition, established by former President Bill Clinton in 1996, is the highest honour bestowed by the United States government on outstanding scientists and engineers in the early stages of their careers.

It said this year’s awardees, announced by President Biden on January 14, 2025, are employed or funded by 14 participating United States government agencies.

The Nigerian honorees include Azeez Butali, Gilbert Lilly Endowed Professor of Diagnostic Sciences, College of Dentistry, University of Iowa;

Ijeoma Opara, Associate Professor of Public Health (Social and Behavioral Sciences), Yale School of Public Health, Yale University;

and Oluwatomi Akindele, Postdoctoral researcher at Lawrence Livermore National Laboratory.

Others are Eno Ebong, Associate Professor of Chemical Engineering, Bioengineering and Biology at Northeastern University;

Oluwasanmi Koyejo, Assistant Professor of Computer Science at Stanford University;

and Abidemi Ajiboye, Executive Vice Chair of the Case School of Engineering, Department of Biomedical Engineering, Case Western Reserve University.

President Tinubu commended these trailblazing Nigerians for their remarkable achievements in science, technology and engineering.

The president noted that recognising these exceptional talents underscores Nigerians’ vast potential to excel both at home and on the global stage.

According to the statement, he looks forward to the honorees sharing their multidisciplinary expertise to benefit Nigeria’s development efforts under the Renewed Hope Agenda.

Nigerian Governors Back Tax Reform Bills, Propose VAT Sharing Formula

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After months of back and forth, the Nigerian Governors Forum (NGF) has endorsed the tax reforms bill and provided key recommendations for the VAT sharing formula.

The Nigeria Governors’ Forum (NGF) has finally thrown its weight behind the proposed tax reform bills currently at the national assembly.

In a statement on Thursday, the group proposed an “equitable” sharing formula for value-added tax (VAT).

The development was an outcome of a meeting between the NGF and the presidential tax reform committee, convened on January 16, 2025, to deliberate on critical national issues, including the reform of Nigeria’s fiscal policies and tax system.

According to the statement, the governors recommended that there should be no terminal clause for TETFUND, National Agency for Science and Engineering Infrastructure (NASENI), and National Information Technology Development Agency (NITDA) in the sharing of development levies in the bills.

They also supported the continuation of the legislative process at the national assembly that will culminate in the eventual passage of the tax reform bills.

“The Forum reiterated its strong support for the comprehensive reform of Nigeria’s archaic tax laws. Members acknowledged the importance of modernizing the tax system to enhance fiscal stability and align with global best practices,” the statement reads.

“The Forum endorsed a revised Value Added Tax (VAT) sharing formula to ensure equitable distribution of resources: 50% based on equality, 30% based on derivation, and 20% based on population.

“Members agreed that there should be no increase in the VAT rate or reduction in Corporate Income Tax (CIT) at this time, to maintain economic stability.”

The group advocated for the continued exemption of essential goods and agricultural produce from VAT to safeguard the welfare of citizens and promote agricultural productivity.

Passage Of Tax Reform Bills To Attract More Investments – Governor Sule (Video)

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https://www.youtube.com/watch?v=6a2ftFSDwNU

Nasarawa State Governor, Abdullahi Sule, says the tax reform bills, if passed by the National Assembly would benefit Nigerians.

The governor stated this on Thursday during an interview on Channels Television’s Politics Today.

He explained that the reforms would attract more investments in the country as well as improve the ease of doing business.

Review of some Significant Decisions in Labour and Employment Matters– 2024 by Folabi Kuti SAN

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With proven elasticity to address disparate uncodified ‘questions of fact’ constituting unfair labour practices in the world of work, the National Industrial Court of Nigeria (NICN/the Court) may appear to legislate each time it pronounces on factual details that arise for adjudication within its constitutional mandate to apply international labour standards. To the point, the year under review saw the Court increasingly stretch its net to reproach the seemingly inexhaustible acts falling below the ‘decency’ threshold in the world of work. In more familiar legal parlance: ‘unfair labour practice(s)’.

 

The prevalent situation in Mrs. Roseline Efomo Edeoboigbe v Anjous Eweka & Company (Chartered Accountants) & Anor (Unreported Suit No. NICN/BEN/27/2022, judgement delivered on 23rd April 2024; per Hon. Justice A.A Adewemimo) bordered on the unjust treatment of an undocumented employee who; despite serving for 14 years, was unjustifiably deprived of the benefits granted to other staff under the guise that she was a casual worker.

 

Similarly, in Obembe Kikelomo v First Royal Oil NIG. Limited (Unreported Suit No. NICN/LA/110/2020, judgement delivered on 3rd October 2024; per Hon. Justice Prof. Elizabeth A Oji) the Court questioned the undocumented employment status of a discharged employee who was never issued a letter of employment for over ten (10) years of being in the defendant’s employment. This was held to be an unfair labour practice.

 

And in Mr. Amahian Idoni George v Technoglass Industries Ltd (Unreported Suit No. NICN/LA/213/2021, judgement delivered on 18th September 2024; per Hon. Justice M.N. Esowe), the non-remittance of an employee’s deducted pensions to his RSA account, formed part of the unfair labour practice identified – in addition to providing a ‘false, mischievous and injurious work reference’.

 

In Professor Aderonke Favour-Betty Thompson v. The Governing Council, Federal University of Technology, Akure. (Unreported Suit No. NICN/AK/01/2024, judgment delivered on 5th July 2024; per Hon. Justice K.D. Damulak), the Court held that purportedly rejecting the claimant’s resignation and attempting to compel her to return to work, after notifying her of the stoppage of her salary due to her resignation, amounted to unfair labour practice, forced labour and hence, unconstitutional.

The defendant’s refusal to honour the terms and conditions of employment in its handbook relating to the discipline of erring staff, was held to amount to unfair labour practice in Mr. Elijah Ejelikwu v Swift Network Limited (Unreported Suit No. NICN/LA/129/2021, judgement delivered on 18 September 2024; per Hon. Justice M.N. Esowe). And the court in John Mowette v O.K Isokariari & Sons Nigeria Limited (Unreported Suit No. NICN/PHC/164/2022, judgement delivered on 16 July 2024; per Hon. Justice M.A. Hamza) held ‘the failure of the defendant company to accord the claimant with an opportunity to enjoy annual leave for over a period of five years’ to be an unfair labour practice.

In Christian Isioma Okafor v Metro Digital Limited (Unreported Suit No. NICN/PHC/145/2022, judgement delivered on 2nd May 2024; per Hon. Justice P.I. Hamman) the Court declared the defendant company’s action in directing the claimant to proceed on an indefinite unpaid leave as an unfair labour practice.

 

Fabian Enebechi v Enugu Electricity Distribution Company & Anor (Unreported Suit No. NICN/AWK/17/2020, judgement delivered on 6 November 2024; per Hon. Justice J.I Targema clarified that not being promoted by the employer will not ordinarily translate into an ‘unfair labour practice.

In the financial sector, restricting an erstwhile employee’s entitlements in the defendant bank’s account without reference to an investigation, or any other plausible reason for that matter was declared an unfair labour practice in Mrs. Amaka Adiba Udeh v Ecobank Nigeria Limited (Unreported Suit No. NICN/PHC/159/2022, judgement delivered on 23rd July 2024; per Hon. Justice P.I. Hamman). This practice was similarly declared ‘unlawful’ in Mrs. Christy Ejale v Uda Microfinance Bank Limited (Unreported Suit No. NICN/BEN/38/2022, judgement delivered on 23rd May 2024; per Hon. Justice A.A Adewemimo) and Mr. Martin Ajomo v Uda Microfinance Bank Limited (Unreported Suit No. NICN/BEN/43/2021, judgement delivered on 12th July 2024; per Hon. Justice A.A Adewemimo.

Adding helpful discussions on the law and practice related to employee loans and its own related jurisdiction, the Court in Aneke Arinze Leonard v. Ecobank Nigeria Limited (The Pan African Bank) (Unreported Suit No. NICN/EN/49/2019, judgment delivered on 9th January 2024; per Hon. Justice O.O. Arowosegbe) focused on the appropriateness of seizing a claimant’s entire salaries for ten months under the guise of defraying the claimant’s obligations under an employee loan. Upon a keen and thorough analysis of the facts and evidence before it, the Court; in no uncertain terms, denounced this practice as well as the amortization of the claimant’s terminal benefits ‘in the name of the fake employee loan’ as ‘illegal’ and an ‘unfair labour practice’. In its own voice on this issue, the Court stated:

‘…the unfair labour practice is on the employee, as well as the public, who have their monies in the vaults of the banks and the overall national economy for a bank to involve in unwholesome schemes over employee loan granted to her employee, which chicanery and arm-twisting tactics involved stifling the employee’s financial muscles by brutally seizing his entire salaries for 10 months and still leaving the bruised employee to run amok working in the bank…’ . 

In addition to a finding of an unfair labour contract, the Court thoughtfully added a passing remark that ‘the unfair labour practice acted by the defendant in seizing the claimant’s full salaries for a whopping ten months, even criminally violated S.3 of the Minimum Wage Act, which says, no worker or employee shall earn less than N30Thousand per month in Nigeria.’

Compensatory damages

Calling in aid the undoubted statutory and constitutional employee protections against unfair labour practices, the Court in the past year seemed to continue along the measured/incremental path in its assessment of the quantum of compensatory damages in proven cases of unfair practices at the workplace. This would appear justifiable in some cases. However, in a few others the Court in making awards, evidently applied the philosophical leaning of deterring similar future conduct by employers regarding unfair contract between them and their employees. In such instances, the case seems to have been made for a high-compensatory regime of award of damages.

For instance, in Aneke Arinze Leonard v. Ecobank Nigeria Limited (The Pan African Bank) (Unreported Suit No. NICN/EN/49/2019, judgment delivered on 9th January 2024; per Hon. Justice O.O. Arowosegbe); the facts of which led the Court to pronounce that:

‘…the travesty of fairness in the instant case ticked all the boxes of violations: harassment, intimidation, bully, coercion, undue influence, unfair termination, seizure of salaries for 10 months, starvation of the claimant and his family, highhandedness, mental and psychological traumas, egregious violation of the claimant’s constitutional right [SS. 6(6)(b), 36(1)&(2)(b) & 254C-(1)(f) of the Constitution] to access the courts to seek redress by the attempted bar against institution of suit, violation of the ILO C95 with regard to maximum deductions from wages/salaries and, considering that, these serial violations went on for 11 years [2008-2019]…’,

and award the sum of fifty million naira(N50,000,000.00) as compensatory damages.

The Court pronounced similarly in Odah Ezekiel & 3 Ors (Suing for themselves and on behalf of disengaged security employees of Total E & P Nig. Ltd) v Total E & P Nigeria Ltd & 5 Ors (Unreported Suit No. NICN/LA/663/2016, judgement delivered on 30 January 2024; per Hon. Justice Prof. Elizabeth A Oji). Here, the 1st defendant’s flagrant failure and refusal to issue contracts of employment to the claimants; thereby advertently keeping them in uncertainty as to their terms and conditions of employment for up to fifteen years, was redressed with an award of the sum of fifty million naira(N50,000,000.00) as exemplary damages against their employer.

An observable pattern emerges. In deserving cases the Court, arguably, endeavoured to benchmark the quantum of compensatory damages against the commensurate number of years’ worth of salaries the successful claimant(s) would have been entitled to; had their employment not been wrongfully discharged.

In Ediki Nwanna Ignatius v. Abuja Electricity Distribution Company Plc. (Unreported Suit No. NICN/ABJ/225/2017, judgment delivered on 25th September 2024; per Hon. Justice O.A. Obaseki Osaghae) the Court awarded compensatory damages equivalent of two years’ salary as general damages for breach of the claimant’s right to fair hearing, stigmatization, and wrongful termination. In similar vein, the two years’ salary benchmark was applied in Mrs. Comfort Eje v Kingdom Heritage Model School & 3 Ors (Unreported Suit No. NICN/MKD/89/2018, judgement delivered on 7th June 2024; per Hon. Justice S.H. Danjidda), for the wrongful termination of the claimant by the defendants; said termination found to be in breach of the defendant’s policy handbook and guidelines.

In Peter O. Nwoga v. Ebonyi State Government & 4 Ors. (Unreported Suit No. NICN/ABK/12/2022, judgment delivered on 6th March 2024, per Hon. Justice O.O. Arowosegbe), the court awarded Ten Million Naira (N10,000,000.00) as exemplary damages against the defendants for the inhuman treatment of the claimant (who was tagged a ‘ghost pensioner’), and the unjustifiable withholding of his pension arrears. Two marked statements from the case are, first: a denunciation of the Government’s/regulator’s insistence on the pensioners’ physical presence at verification exercises before their pensions can be processed, thus exposing aged, invalid pensioners who are sometimes carried on stretchers to the venues of the verification exercise to the elements; and secondly, a considerable guidance or call on the Government to employ more modern means of verification. This was trenchantly expressed, albeit obiter thus:

“…states go through video conferencing to verify that these invalid old men [pensioners] are still alive. Can’t the states devise a regime of authentication from government medical doctors in the localities of the invalid pensioners to emboss their Nigerian Medical Association [NMA] seals and registration numbers, attesting that these invalid pensioners are still alive? Why are they senior citizens if they do not enjoy any special privileges like their counterparts in the civilized world?”

Miscellany 

Upon a careful analysis of the applicable laws and regulations, the NICN in Alo William Nwachukwu v Head of Civil Service of the Federation (Unreported Suit No. NICN/ABJ/321/2023, judgment delivered on 21 May 2024; per Hon.Justice B.B Kanyip, PhD, OFR, PNICN) dismissed the claimant’s action hinged on an unproven claim of discrimination. It further upheld the validity- and of general application- the Federal Government’s Tenure Policy for senior executives in government Ministries, Departments and Agencies; mandating compulsorily retirement upon serving eight years on the post; and with a renewable four-year term for Permanent Secretaries, subject to satisfactory performance.

Declaring the non-release of the claimant’s promotion examination results, and the subsequent denial of his promotion as unjustified, the decision in Mr. Olujimi Oyetomi v. Federal Civil Service Commission & 3 Ors. (Unreported Suit No. NICN/ABJ/301/2019, judgment delivered on 25th September 2024; per Hon. Justice O.A. Obaseki Osaghae) tracks well with the appellate court’s position in Oko-Jaja v Federal Civil Service Commission & Ors (2022) LPELR-57627 CA. To wit, the non-exhaustion of internal avenues provided for in the Public Service Rules and circulars for redress does not prevent an aggrieved officer from exercising his constitutional right of seeking redress in Court.

Unequivocally, the decision in Hon. Justice O.A Ojo v Osun State Govt. & 3 Ors. (Unreported Suit No. NICN/IB/61/2023, judgment delivered on 24th April 2024; per Hon. Justice J.D. Peters) limits the executive and legislative branches of government in the discipline or removal from office of a judicial officer. The central question bordered around the discipline of the judicial officers generally and the Chief Judge of Osun State High Court, in particular. The court returned a significant verdict: the executive or legislative branches of government were not endowed with power to initiate the removal or termination of the appointment of the claimant as the occupier of the office of the Chief Judge.

Taking judicial notice of the months of the 2020 COVID-19 pandemic, the court in Abia Isong v. Obong Edet I. Udo & Anor. (Unreported Suit No. NICN/CA/01/2022, judgment delivered on 5th March 2024; per Hon. Justice Sanusi Kado) did not avail the defendant the convenient excuse of the ‘lingering effects…’ of the COVID-19 pandemic as a cover for not meeting salary obligations for the months of April to September 2020.

 

The Court, in John Mowette v O.K Isokariari & Sons Nigeria Limited (Unreported Suit No. NICN/PHC/164/2022, judgement delivered on 16 July 2024;  per Hon. Justice M.A. Hamza)  similarly refused to excuse the withholding of the claimant’s earned salaries between August 2021 and December 2021 due to the ‘outbreak of the novel coronavirus disease (COVID-19)’ occasioning a ‘global economic downturn and negative impact on global commercial activities with economics at the brink of a recession’. 

 

Continuing to resist the defence of the impact of COVID-19 on individual contracts of employments, the court in Ilile Armstrong v Stallion Nigeria Limited (Unreported Suit No. NICN/LA/509/2020 judgment delivered on 14th November, 2024; per Hon. Justice A.N Ubaka) declared wrongful the withdrawal of an offer of appointment on the (defendant’s) contention that the contract was never fully consummated as the claimant had not effectively accepted the offer; which offer was argued to have been frustrated by the COVID 19 pandemic.

 

The court accepted the claimant’s evidence that he unequivocally accepted the offer and hence pre-employment relations commenced when, amongst other things, he formally communicated the acceptance to a staff of the claimant who was part of the team that interviewed him. The claimant also resigned his former employment; complied with the defendant’s directions to undertake pre-employment medical tests in the defendant’s designated hospital and opened a bank account with the defendant’s designated bank.

 

Mr. Abubakar Buba Sule v NICON Insurance Ltd (Unreported Suit No. NICN/ABJ/194/2021, judgement delivered on 18th January 2024; per Hon. Justice R.B Haastrup) restates the position of the law that a letter of resignation takes effect immediately, making a letter of dismissal subsequently issued by the employer null and of no effect.

Relatedly, albeit maintaining the even keel that resignation is said to be complete upon being tendered, the court in Zachariah Ishaya v Fidelity Bank Plc & 2 Ors (Unreported Suit No. NICN/YL/04/2017; judgment delivered on October 14, 2024; per Hon. Justice J.T Agbadu-Fishim) harped a glancing reference to ‘invalid/involuntary resignation’, that is, when resignation has not been validly done, and the employer can reject such resignation and/or disentitle the exiting employee from claiming gratuity or any other benefit that should have derived from the valid termination or resignation from appointment.

Even as doubt no longer remains that an employer can dismiss on civil grounds for the same set of borderline facts that wear the guile of crime, on the declared state of facts in Mr. Ajanaku Akinyemi v Rufus Giwa Polytechnic, Owo & 3 Ors (Unreported Suit No. NICN/AK/50/2021, judgment delivered on 13th March 2024; per Hon. Justice K.D Damulak the court thoughtfully declared that when an act of which an employee is accused of is criminal in nature it is not for the employer to baptize it as misconduct in order to assume the jurisdiction to try and find the employee guilty’. On the set of facts here, the purported termination was based on an administrative panel’s finding of ‘theft of diesel’ against the claimant. In similar vein, Joseph Nazzal v Coca-Cola Hellenic Bottling Co. S.A & 2 Ors (Unreported Suit No. NICN/LA/163/2021, judgement delivered on 18th December 2024; per Hon. Justice A.N Ubaka) examined in great detail the strict requirement of affording an employee fair hearing in the disciplinary process lest court can invoke provision of Section 19 of the Establishment Act for to award ensuing/appropriate compensatory damages.

 

MTN Nigeria Communications Plc v. Private Telecommunications and Communications Senior Staff Association of Nigeria (PTECSSAN). (Unreported Suit No. NICN/ABJ/177/2023, judgment delivered on 26th April 2024; per Hon. Justice O.A. Obaseki Osaghae (Presiding Judge), Hon. Justice R.B. Haastrup, and Hon. Justice O.O. Oyewumi (now, JCA), presented an opportunity for the National Industrial Court to re-affirm both its supervisory and appellate jurisdictions over proceedings at the Industrial Arbitration Panel (IAP).

And similarly the decision in The Food Beverage and Tobacco Senior Staff Association v. International Breweries Plc. (Unreported Suit No. NICN/ABJ/04/2023, judgment delivered on 19th January, 2024; per Hon. Justice O.A. Obaseki Osaghae (Presiding Judge), Hon. Justice O.Y. Anuwe, and Hon. Justice O.O. Oyewumi (now, JCA), re-emphasized the court’s jurisdiction over (inter and intra) trade disputes; as circumscribed to a supervisory, and not original jurisdiction.

The decisions in Mr. Samuel Michael Inwang v. AC Nielsen Nigeria Limited. (Unreported Suit No. NICN/CA/27/2020,  judgment delivered on 9thAugust, 2024; per Hon. Justice Sanusi Kado) and Bitmarte C-Bit Industries Limited v Olarinde Olamide Victoria (Unreported Suit No. NICN/LA/242/2023, judgement delivered on 14 October 2024; per Hon. Justice S.A. Yelwa)  restate the position: the letter communicating the  disengagement of a staff, and the application of rules and regulations (staff handbook) to specific employments can only emanate from the same corporate entity that engaged the individual employee.

In Anthony Ogar Idagu v. United Bank of Africa Plc & 7 Ors. (Unreported Suit No. NICN/CA/20/2019, the judgment of which was delivered by the National Industrial Court of Nigeria, Calabar Judicial Division, per Hon. Justice Sanusi Kado on 1st August, 2024), the court found a meritorious case of constructive dismissal, even as it conveniently drew a balance of disallowing the claimant; who had misconducted himself in relation to his discharge of duties, from benefitting from proven wrongdoing.

 

The court did not award any compensatory damages even as it altogether advised the banks against condoning such, in the following terms:

Before ending this judgment let me say that the practice now prevalent with banks including the 1st defendant, in case of discipline of employees by merely asking an erring employee to resign his/her appointment instead of imposing appropriate sanction for the misconduct committed is not the best, as such practice is capable of encouraging staff to continue to misconduct themselves since they knew that at the end they would be given soft landing by merely asking them to resign. And they get their financial benefit and move on. The practice is also capable of jeopardizing the trust and confidence of customers of banks. For the sake of ensuring only trustworthy persons are retained as employees of banks, there is an urgent need for banks to revisit, and if possible, amend their staff handbook to do away with the abhorrent provision of giving advice to employee to resign his employment’ 

On the peculiarly dissimilar facts in Abolarinwa Olufemi Salu v Jubilee-Life Mortgage Bank PLC (Unreported Suit No. NICN/LA/239/2021, judgement delivered on 18th March 2024; per Hon. Justice A.N Ubaka) the claimant’s constructive dismissal from the defendant bank was held wrongful and an award of six (6) months’ salary as general damages made against the defendant.

In Mr. Kingsley Nwaorgu v First Bank of Nigeria Plc (Unreported Suit No. NICN/LA/437/2021,  judgement delivered on 10 July 2024; per Hon. Justice Prof. Elizabeth A Oji) the claimant’s dismissal from the defendant bank’s employment on account of disobedience of a regulatory directive prohibiting the operation of cryptocurrency accounts by customers in the Nigeria Banking system; leading to a fine of N100,000,000.00 (One Hundred Million Naira) imposed on the defendant by the Central Bank of Nigeria, was held to be proper.

 

Engr. Chibuzor Albert Agulana v. Dr. Fabian Okonkwo. (Unreported Suit No. NICN/EN/35/2021, judgment delivered on 17th April 2024; per Hon. Justice O.O. Arowosegbe) is a well-fleshed decision on the vexed issue of the jurisdiction of the court on torts of workplace defamation. The court undertook a well-structured, analytical discussion of the arguments for and against conferring judicial power with respect to the subject matter, before arriving at a supportable position affirming its jurisdiction.

 

For good measure, in Mr Paul Chike v Kayjay Energy Services Ltd & 2 Ors.   (Unreported Suit No. NICN/YEN/203/2016, judgment delivered on 2nd February 2024; per Hon. Justice P.I Hamman the court awarded the sum of N10, 000, 000.00 (Ten Million Naira) to the claimant as aggravated and exemplary damages for the libelous words maliciously published against him by the defendants, post-employment. And a claim for damages to redress defamatory statements against the claimant by the defendant in the course of employment was similarly successful in Mr. Afiangbosa Atoe v Lapo Microfinance Bank Limited (Unreported Suit No. NICN/BEN/43/2021, judgement delivered on 12th July 2024; per Hon. Justice A.A Adewemimo).

 

In Halogen Security Company Limited v Mr. Nnamdi Meli (Unreported Suit No. NICN/LA/39/2024 judgment delivered on 16th December 2024; per Hon. Justice A.O Damachi) the court frowned at an unreasonable restraint of trade restriction, as per its timeline. The court held it was unproven that the claimant’s future employment was in the same business and with the same objective as the previous engagement, which would have thereby made them competitors.

The employer in Dangote Oil Refining Company Ltd v Oyinkansola Olayinka Johnson & 2 Ors (Unreported Suit No. NICN/LA/255/2019, judgement delivered on 18 September 2024; per Hon. Justice M.N. Esowe) sought to enforce a training bond. The court found the employer in breach of material terms of said training bond availed to the employee. Similarly, on the peculiar facts pattern in Gpay Instant Solutions Limited v Mrs. Julie Idahosa (Unreported Suit No. NICN/PHC/119/2018, judgement delivered on 25 April 2024; per Hon. Justice F.I. Kola-Olalere FCIArb (UK)) the court refused to hold enforceable various clauses on confidentiality, non-disclosure, non-solicitation and non-recruitment in the defendant’s contract of employment.

The thrust of Mr. Chukwuemeka Onyedika v G-ossy Company Drugs Limited & 2 Ors (Unreported Suit No. NICN/LA/208/2018, judgement delivered on 3rd October 2024; per Hon. Justice Prof. Elizabeth A Oji) centred on Igbo trading apprenticeship custom. A distinguishing feature of such (employment) apprenticeship contracts, allegedly, pertaining to an agreement as to ‘settlement sum’ before and/or at the end of the apprenticeship period was, however, held not proven in the instant case – thus, resulting in an unsuccessful claim.

On the primacy of the facts in Sunny Ogoloma v Memose International Ltd & Anor (Unreported Suit No. NICN/PHC/06/2019, judgement delivered on 16 July 2024; per Hon. Justice F.I. Kola – Olalere, FCIArb (UK), the court found a case of a triangular employment relationship with the claimant. The award of exemplary damages was thus against both defendants for the wrongful dismissal of the claimant’s employment.

 

Dr. Oniyide Ajisafe Akinigbe v. Federal University, Oye-Ekiti. (Unreported Suit No. NICN/AK/58/2018, judgment delivered on 29th October 2024; per Hon. Justice K.D. Damulak) reiterated the strict tenets of fair hearing in the disciplinary process. 

For good measure, Mr. Onoriose v Federal Civil Service Commission & Anor (Unreported Suit No. Unreported Suit No. NICN/EN/222/201, judgement delivered on 18th January 2024; per Hon. Justice J.I Targema) resonates with the law that dismissal cannot be issued retrospectively, while stressing the need to comply strictly with the tenets of fair hearing in the disciplinary process.

In Attorney General of Abia State v Abia State Judicial Service (Excluding the Claimant) & 3 Ors (Unreported Suit No. NICN/OW/05/2024, judgement delivered on 26 July 2024; per Hon. Justice N.C.S Ogbuanya) the court undertook a painstaking review of, inter alia, the judicial appointment process within the realm of employment policy. A landmark policy decision, the adroit application of the law in the case was as evident in the determination of the preliminary objections to the suit, as in the substantive issues dealt with. The latter were focused on the NICN’s supervisory jurisdiction as a policy court within the employment law space.

In Adefisoye Stephen Abiodun v Safari Support West Limited (Unreported Suit No. NICN/LA/347/2023, judgement delivered on 17 September 2024; per Hon. Justice Joyce A.O. Damachi), the court reiterated that though termination for cause can occur during probation, the employer – when challenged in court – is expected to adduce evidence on the plausibility of the reason vis-à-vis the term of the employment contract or the code of conduct binding the parties.

While significant reliefs were returned unproven in these cases, the decisions of the NICN in Ameenat Lawal v. Colenco Consulting Limited. (Unreported Suit No. NICN/ABJ/365/2023, judgment delivered on 30th September 2024; per Hon. Justice E.D. Subilim)Mr. Paul Udeh v Cadbury Nigeria PLC (Unreported Suit No. NICN/LA/364/2020, judgement delivered on 3 October 2024; per Hon. Justice Ikechi Gerald Nweneka) and Sulyman Kolawole Bello v Vixen Enterprises Limited & Anor (Unreported Suit No. NICN/LA/305/2021, judgement delivered on 4 October 2024; per Hon. Justice Prof. Elizabeth A Oji) represent the court’s position that termination of   an employee without stating any valid or justifiable reason, or any reason at all in breach of ILO Convention No. 158 of 1982 is wrongful, and liable to an award of damages against the erring employer. Harmonising the appellate courts decisions, the decision in Sulyman Bello further clarified that the requirement of contemporaneous payment of payment in lieu of notice/terminal benefits does not ipso facto mean that the payment must be made the same day the letter of termination is issued.

In fairness, albeit not pointedly an issue for resolution in either Nuhu Sani v Kaduna Electricity Distribution Company Plc (Unreported Suit No. NICN/KD/09/2024, judgement delivered on 16 July 2024; per Hon. Justice Bashar A. Alkali) or Mr Adekunle Hameed Adenle v Nigeria Machine Tools Limited (Unreported Suit No. NICN/OS/10/2021, judgment delivered on 29th November, 2024; per Hon. Justice Hassan M. Yakubu), a feature common to both cases, based on the successful outcome of the relief seeking payment of unremitted pensions to the claimant, is the propriety of paying unremitted pensions arrears over to a successful claimant, rather than the pension funds administrator- an approach that seems to be more consistent with the NICN’s previous decisions and aligned with the intendment of the Pensions Reforms Act.

To be sure, Mr Ofunlana Oladimeji v Pensions Alliance Limited (Unreported Suit No. NICN/LA/180/2023, judgment delivered on 2nd day of October 2024; per Yelwa J.) marks a revival of interest in the applicable pension contribution withdrawal thresholds pursuant to the Pensions Reform Act; vis-à-vis as per the instant case, individual Programmed Withdrawal Agreement(s) with funds administrators. A nexus can easily be established between the court’s decision here and its previous decision in Maroof Abdul v ARM Pension Managers (PEA) Ltd & Anor Suit No.: NICN/ABJ/218/2018 delivered on 18th May, 2020; per Oyewumi (now JCA); in the need for clarity as to the calculable metrics of life expectancy applicable for computing access to a stated percentage of the funds at various times; per the stipulations/limitation in Section 7(2) of the Act.

The ruling in Michael Heavens v Chan Medi Pharms & Anor (Unreported Suit No. NICN/Jos/25/2021, ruling delivered on 19th November 2024; per Hon. Justice I.S Galadima) on the adoption of previous trial proceedings for use in trial de novo before another coram may be deciding a procedural point, but with broader significance than first appears evident. Beyond the availing shield of the Court’s Establishment Act enabling departure from the strict application of the Evidence Act in the overriding interest of justice, the case highlights the more balanced adoption of the court’s inherent discretionary power – now statutorily endowed – to depart where necessary. In the fact scenario, this was applied to ward off the hardship of securing the presence of far-flung witnesses. Notably, the court afforded latitude to both sides to employ Zoom/virtual technology to cross examine any witness previously called, as necessary. This approach reflects the court’s commitment to the ends of justice while accommodating the realities of modern litigation.

On a decidedly final note, the flux largely introduced by conflicting appellate decisions on a common question of law; to wit; applicability of statutes of limitation (for example, the Public Officers Protection Act) to contracts of service, is further manifested in the NICN’s conflicting decisions on the point, in the year review. Driven by the rules of judicial hierarchy, the court’s adherence has alternated between following the more recent of the conflicting decisions or exercising a wider latitude to choose which to follow.

In one camp, cases such as Arthur I. Onoviran v. Nigeria Upstream Petroleum Regulatory Commission & 4 Ors. (Unreported Suit No. NICN/ABJ/213/2021, judgement delivered on 5th July 2024; per Hon. Justice O.Y. Anuwe; and Mr. Omubo Morgan Ekine v Attorney General, Rivers State & Anor (Unreported Suit No. NICN/PHC/91/2023, judgement delivered on 23 July 2024; per Hon. Justice M.A. Hamza) held that the statute-bar limitation will not apply to contracts of service.

However, in the opposite camp, cases like Mr. Inyeibarima Tolofari v Gab Marine and Oil Service Limited (Unreported Suit No. NICN/PHC/110/2023, the judgement which was delivered by the National Industrial Court of Nigeria per Hon. Justice M.A Hamza on 12 November 2024); Ahmed Nata’ala v. Abubakar Tafawa Balewa University, Bauchi. (Unreported Suit No. NICN/BAU/18/2018, judgment delivered on 14th March 2024; per Hon. Justice Mustapha Tijjani); Olawolu Koya Ayodele v. Federal Ministry of Power and 4 Ors. (Unreported Suit No. NICN/ABJ/261/2019, judgment delivered on 18th July 2024; per Hon. Justice O.A. Obaseki Osaghae); and Eremasi Damini Ebiwari v. The Attorney-General of the Federation & 2 Ors. (Unreported Suit No. NICN/ABJ/305/2022, judgment delivered on 18th July 2024, per Hon. Justice O.A. Obaseki Osaghae) towed a different line. In these latter cases, the court held it would apply.

The question now is, whither the path for the NICN to chart to make certain its position on this common question of law? It is hoped that the Court of Appeal, or an opportunity for a case-stated to the Supreme Court will help resolve this lingering confusion in no distant future.

  • Folabi Kuti SAN is the Lead Partner in Union Attorneys (Incorporating KutiLegal). 

folabikuti@kutilegal.com

Construction Of Kaa-Ataba Bridge Resumes

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Construction work has resumed at the Kaa-Ataba Road and bridges being undertaken by the Niger Delta Development Commission, NDDC, to link the Khana Local Government Area to the Andoni Local Government Area of Rivers State.

Speaking at the bridge site, the Project Supervisor, Engr. Lawrence Ekanem described the multi-billion-naira project as ambitious and impactful. He said the road and bridges would enhance socio-economic activities in Kaa, Ataba and surrounding communities.

He assured his company would do all it took to ensure the project’s early completion. He declared, “We are committed to delivering on speed and quality.”

In a statement by NDDC Director, Corporate Affairs, Seledi Thompson-Wakama, the project’s Community Liaison Officer, Mr. Backpo Godspower, commended the NDDC for its intervention and appealed for its speedy completion, which started in 2009.

He remarked, “The NDDC has done well by resuming work on the bridge, but we want them to complete it so that the connection between the communities separated by the river will be seamless. If the bridge is completed, it will increase socioeconomic activities in the area.”

Godspower noted that the project would open up the communities in the area, reduce accidents associated with crossing the river, and boost socio-economic activities.

He observed: “The 2-kilometre double lane single carriageway with two bridges will improve the quality of life of the people of Kaa and Ataba, as well as help transport farm produce, goods and properties from this rich agricultural area. More importantly, it will reduce accidents and security breaches associated with water transport.”

A community leader in Kaa, Deacon Bassey Lezua, expressed delight that the project, which was stalled for some years and appeared neglected, had been revived.

He noted, “The contractor has returned to the site, and we will give them all the cooperation they need to complete the project.” He said that some communities, like Oyorokoto, one of the region’s largest fishing ports, were important growth centres.

A businesswoman in the Kaa community, Mrs Zorbari Pimnee, urged the NDDC to ensure that the contractor did not falter on the project again, noting that businesses in the area could only thrive if the road was completed.