An unidentified pregnant woman and a driver were burnt beyond recognition yesterday, after a truck loaded with 33,000 litres of petroleum product exploded at Barracks Bus Stop, along the Lagos-Badagry Expressway., office complex . The fate of another female victim, who sustained severe burns from the resultant fire, still hung in the balance, as doctors at a private hospital around Onireke, were battling to resuscitate her alongside six other victims, who sustained varying degrees of burns. Also destroyed were six vehicles and goods worth several millions of naira. The incident occurred at about 4a.m., after the truck which was heading inward Iyana-Oba, somersaulted while trying to navigate a failed portion of the expressway at Barracks Bus Stop, spilling its content on the on the road and igniting. The fire affected vehicles that were behind the truck. Among the affected vehicles was a truck conveying power generating sets. The pregnant woman, a trader, Vanguard gathered, was in a cab loaded with cartoons of frozen fish. She was burnt alongside the driver. Victims’ attempt to escape Eyewitnesses said some motorists, who were on fire, put up spirited efforts to stay alive as they kept running, looking for flood water to plunge into. An eyewitness, who simply gave his name as Mr. Mmaduabuchukwu Onyesi, said the rain could not stop the rampaging inferno. He said one of the victims that were on fire fell inside flood water, which unknown to him was filled with the combustible substance. He said: “The fire on her increased. But she still managed to get up and ran until she became weak and laid on the ground. By then, another driver, who had fire extinguisher in his car, rushed to where she was and sprayed it on her. Though the fire went out, she was unconscious.” The accident brought traffic on the ever-busy expressway to a halt, forcing commuters to come down from public vehicles and trek across the scene of the accident to continue their journey. When Vanguard visited the scene, rescue operators had condoned off the route. Among them were fire service officials, as well as those from Lagos State Traffic Management Authority, LASTMA; Lagos State Emergency Management Agency, LASEMA; military personnel from Ojo Barracks and Policemen. Some persons, who claimed to be relatives of those burnt, were sighted at the scene. They demanded to take the charred remains for burial according to Islamic rites, but refused to speak with Vanguard when approached. Emergency workers Speaking with Vanguard, Head of Operations of the Lagos State Fire Service, Ojo Station, Mrs. Bolanle Kasumu, said: “I don’t know how it happened. I received a call from the DPO in charge of Onireke by 4:30a.m., that there was a fire outbreak and within five minutes, my men and I were at the scene. “The inferno was still raging. But we have been able to bring it under control so that it doesn’t spread to residential buildings. We have been working here since 4:35a.m. “When we got here the tanker and other vehicles were in flames and the container was also burning. It was like the tanker driver was trying to manoeuvre, but owing to the situation of the road, it fell.” Also, Assistant Commandant, Federal Road Safety Corps, FRSC, Iba Unit, Joe Ogar, said: “Two lives were lost, six vehicles were burned and property worth millions destroyed in the fire. “As you can see the situation is already under control, but from what we gathered the fire started after a tanker carrying PMS fell, spilling it contents. “My men, alongside personnel of other traffic agencies, got to work immediately we arrived the scene. The other victim has been taken to Onireke Hospital behind the Police Station. …blame on govt Residents said a similar incident occurred recently at same spot. But in that case, no life was lost. A truck loaded with petroleum product heading inward Badagry, fell, spilling its contents. Although no life was lost but motorists and commercial motorcyclists were prevented from taking the route in order to avoid the situation from escalating. Motorists spent several hours on the road as they were prevented from moving on both sides of the expressway. One angry resident, Mr. Mojeed Saliu, blamed the situation on what he described as insensitivity of government. He said: “The two incidents on this particular spot were caused by bad road. Must people die before government rises to its responsibility? “Ordinarily, people go through hell daily, owing to the perennial gridlock as a result of this failed section of the road. “In fact, we have resorted to taking motorbikes, which is twice the normal price. Government should come to our aid before this spot consumes more people.”
Access Bank Appoints Uche Orji as Independent Non-Executive Director
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).
This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.
Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.
He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.
Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.
He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.
Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:
“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.
We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.
His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.
On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”
Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit
AJAGBE ADEYEMI TESLIM
SPONSORED BY: H&H
The National Association of Nigerian Students (NANS), Lagos State University (LASU) branch, on Friday paid a courtesy visit on the Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda.
The student representatives said the visit was to congratulate Meranda over her emergence as Speaker of the State Assembly.
Meranda, an alumnus of LASU, was elected Speaker on January 13 after the removal of Mudashiru Obasa by the lawmakers over issues relating to alleged high-handedness and financial impropriety.
Describing her as a thoroughbred Lagosian, the chairman of NANS, Abdulraheem Azeez, used the opportunity to list some of the challenges faced by students in the university.
According to him, students have had to read in darkness as the Ikeja campus gets less than two hours of power supply daily.
Azeez also raised the need for the State to make available loans for indigent students as well as for the Assembly to provide opportunities for students to witness the plenary of the House.
Meranda, while thanking the students for the visit, urged them to always attend town-hall meetings in their constituencies where they can contribute and make their opinions known.
She further encouraged them to apply for the loans initiated by the government as done by students in other countries.
The Speaker requested the students to formally send their complaints in written forms to the House for action.
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede charge members of the National Youth Service Corps, NYSC, to be change agents and strong resisting force against corruption.
He also enjoined them to be active foot soldiers and whistle-blowers or intelligence-gatherers against corruption.
Speaking on Thursday, January 30, 2025 at the NYSC Orientation Camp, Yikpata, Edu Local Government Area of Kwara State, Olukoyede said It is important for youths to realise that, these roles, if performed creditably, will bring up appreciable growth in the economy of our nation. He said that, “creative energies of youths will be maximised when corruption is brought to its knees.”
The EFCC boss whose address was delivered by the Head, Public Affairs Department, Ilorin Zonal Directorate of the EFCC, Ayodele Babatunde said that most of the problem confronting the country such as kidnapping, banditry, poor infrastructure, among others were connected to corruption. He added that all hands must be on the deck to tame the cankerworm.
Olukoyede encouraged the youths to embrace the virtues of hard work and shun fraudulent practices such as cybercrime noting that, “it’s profitable to earn dignity and fame through hard work and legit business.”
While calling on the youths to channel their potentials productively and shun crime, the EFCC Chair said that, “Yahoo-Yahoo is not a sustainable way of life.”
“There is no shortcut to wealth and fame. The fact that the rate of unemployment is high should not be an excuse to resort to crime. Act of criminality might deliver wealth in the short term but there will be misery and gnashing of teeth”, he said.