Abuja, March 13, 2019 President Muhammadu Buhari has approved the appointment of Mrs Stella Ojekwe-Onyejeli and Mr Aminu Umar-Sadiq as Executive Directors on the Nigeria Sovereign Investment Authority (NSIA) board.
The NSIA spokesman, Mr Titilope Olubiyi made the announcement in a statement on Wednesday in Abuja.
Olubiyi said that Ojekwe-Onyejeli was reappointed as Executive Director for a second term, while Umar-Sadiq, who was a former Deputy Head of Direct Investment at NSIA, was appointed for the first time.
He said the appointments would strengthen the Authority’s executive team and was consistent with its focus of remaining a key participant in Nigeria’s economic transformation.
He also said the appointments were in line with the realignment of the Authority’s strategy to improve domestic infrastructure investments.
“Recent NSIA initiatives reflect this increased focus on domestic infrastructure include the Presidential Infrastructure Development Fund (PIDF) which will fast-track the completion of five infrastructure projects of national priority.
“The projects are the Abuja-Kano Roadway, Second Niger Bridge, East-West Roadway, Lagos-Ibadan Expressway, and Mambilla Hydroelectric Power Plant.
“NSIA is also galvanising investments in tertiary healthcare.
“The Authority invested in the development of the LUTH Cancer Treatment Centre and is developing advanced diagnostic centres in AKTH, Kano and FMC, Umuahia,” he said.
Olubiyi reiterated the Authority’s commitment to the development of strategic infrastructure initiatives in Nigeria and stabilisation support during economic stress.
Also, Chairman, NSIA Board of Directors, Mr Jide Zeitlin, said “both appointees are committed professionals who along with other talented colleagues, have been instrumental in NSIA’s development.
“These appointments will strengthen the Authority’s executive team and are consistent with our focus on maintaining a broadly representative leadership team and workforce,” he said.
Ojekwe-Onyejeli was first appointed an Executive Director in October 2012 and served as the Chief Risk Officer of the NSIA until 2017 when her role was expanded to that of Chief Operating Officer.
She joined the Authority from Barclays where she was Director and Head of Operational Risk and Control at the Bank, overseeing 15 countries across Africa, Middle East and Asia.
Ojekwe-Onyejeli, a Chemistry gradute from the University of Lagos, also had Masters in Business Administration (MBA) from Cranfield School of Management in the UK.
Umar-Sadiq has significant experience in investment banking, private equity and public finance, including his most recent role at the NSIA where he served as a Senior Vice-President and Deputy Head, Infrastructure.
He is a Bauchi-State academic scholar and holds Bachelor and Master degrees in Engineering Sciences from the University of Oxford.
Buhari, Folarin mourn Oyo politician, Adelere
The News Agency of Nigeria reports that the late Pa Adelere, an elder statesman and commited follower of Chief Obafemi Awolowo from Iseyin Local Government Area, died on Friday, aged 90.
late frontline politician believed and worked for the progress of Iseyin, Oke-Ogun and Oyo State as a whole.
He described the deceased politician as a giant and one of the surviving disciples of the Awolowo school of thought.
“Even after the demise of the late sage and when others abandoned the Awoist camp for other political philosophy, he remained steadily on the Awo progressive track,” he said.
The Chairman, Senate Committee on Land Transport, described the late Adelere as a great politician who believed in serving humanity in one’s best ability.
According to him, “I had a very good relationship with Late Pa Adelere. He was a political leader and father who produced many worthy political leaders during his life time.”
Buhari prayed that God grant the soul of the political stalwart eternal rest and reward his good deeds on earth with Aljanna Firdaous.
The lawmaker also prayed that Allah uphold all members of his family left behind.
Buhari approves Danbatta’s reappointment as NCC’s boss, says Minister
The Minister of Communications and Digital Economy, Dr Isa Pantami, says President Muhammadu Buhari has approved reappointment of Prof. Umar Danbatta as Executive Vice Chairman (EVC), Nigeria Communications Commission (NCC).
The minister said it was an effort to consolidate the gains made in the telecommunications sector in line with the National Digital Economy Policy and Strategy of the country.
He also informed that Danbatta’s reappointment was based on his recommendation in line with the Nigerian Communications Act, 2003.
Pantami congratulated the EVC and directed him to significantly improve on the overall performance of the commission to ensure adequate mechanisms were in place to facilitate implementation of all policies of Federal Government through the ministry.
He, however, enjoined him to ensure that the interests of telecommunication consumers, Nigerians and investors were adequately protected.
Buhari, Muslim faithful observe Juma’at Prayer as FCT reopens worship centres
NAN further reports that the protocol of social distancing was also strictly observed in line with guidelines on public gathering, and only senior staff of the Villa were allowed to attend the prayer session.
Buhari mourns ex-Governor Bamidele Olumilua
The President’s condolence message was conveyed in a statement by his Special Adviser on Media and Publicity, Mr Femi Adesina, in Abuja on Thursday.
The President sympathised with family members, friends and associates of the former governor, who worked very hard to improve infrastructure and livelihood of people in the state.
He affirmed that Olumilua played an active role in the return of democracy in the country, and served as Chairman, Christian Pilgrims Board.
The President prayed that the almighty God would receive the soul of the departed and comfort his family.
edited by Sadiya Hamza
Buhari’s agricultural revolution to create 5m jobs, inject $10bn into economy
The President Muhammadu Buhari’s agriculture revolution programme tagged “The Green Imperative’’ will create about five million jobs and inject over 10 billion US Dollar (about N3.8 trillion) into the economy within 10 years.
The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this on Thursday at a media briefing to set the stage for the implementation of the mechanised farming programme.
The News Agency of Nigeria reports that the briefing was jointly addressed by Mohammed and the Minister of Agriculture and Rural Development, Alhaji Sabo Nanono.
He said funding for the programme would come from the Development Bank of Brazil (BNDES) and Deutsche Bank.
The minister added that insurance was provided by Brazilian Guarantees and Fund Managements Agency (ABGF) and the Islamic Corporation for Insurance of Export Credit (ICIEC) of the Islamic Development Bank (IsDB), and coordinated by Getúlio Vargas Foundation (FGV).
Explaining how the programme would revolutionise agriculture, the minister said six motor assembly plants would be reactivated in the six-geopolitical zones of the country for assemblying of tractors and other implements.
He said 632 mechanisation service centres would also be established to support primary production in the 774 Local Government Areas and the Federal Capital Territory.
“This will create 774 service centers nationwide to mechanise our farming methods and process or add value to farm produce locally.
“It will lead to efficiency and eliminate post-harvest losses, thereby cutting down cost of food all year round.
The minister disclosed that private sector operators would operate and manage all the service centres and the assembly plants.
He said no fewer than 100,000 extension workers would be trained within three years and the programme would impact over 35 million persons nutritionally and economically.
The minister said The Green Imperative dated back to June 6, 2016, when the country decided to enrol in Brazil’s Government-to-Government More Food International Programme (MFIP).
He recalled that Vice President Yemi Osinbajo launched the programme officially on January 17, 2019, in the presence of the representatives of Brazil, Deutsche Bank as well as Brazilian and Nigerian private sector.
For his part, Nanono gave the assurance that the programme would not be hijacked by politicians and that it would be private sector driven while government would only provide the policy framework.
He said participation would be through limited liability companies, cooperative societies and farmers’ associations.
“People must take this programme very serious; they should take the opportunity by beginning to form cooperative societies and farmers’ associations,’’ he said.
The minister said that the youths would be the major target of the mechanised farming programme and would-be participants should not be discouraged by the challenge of insecurity, now being addressed by government.
Buhari greets former Gov. Alao Akala at 70
In a congratulatory message released by his spokesman, Mr Femi Adesina, in Abuja on Wednesday, the President saluted the Ogbomoso-born grassroots politician.
He lauded him for ability to blend with all classes of society, and touching lives positively.
Appoint Dongban-Mensem substantive Appeal Court President-Plateau House of Assembly begs Buhari
Members of the Plateau House of Assembly have appealed to President Muhammadu Buhari to appoint Acting President, Court of Appeal, Justice Monica Dongban-Mensem, in a substantive capacity.
Buhari on May 29, extended her acting appointment for another three months.
The Plateau lawmakers during plenary on Tuesday, appealed to the President to appoint her in substantive capacity stating that she eminently qualified to be so appointed.
Mr Philip Dasun (APC, Pankshin North) who moved the motion of urgent public importance, said,”Mr Speaker, it is expected that she would be appointed in substantive capacity after three months in acting capacity.
“We are calling on other authorised bodies to lend their voice to this call,” he said.
Group petitions Buhari over lopsidedness in siting of educational institutions in Ebonyi
The Ebonyi North Elders Consultative Assembly has petitioned President Muhammadu Buhari against the siting of the newly approved Federal College of Education in Isu community in Ebonyi South Senatorial District.
In the petition, the group stated that the decision by the Federal Ministry of Education (FME) to site the college in the area defeated the principle of fairness, equity and justice.
It argued that two of the three federal tertiary educational institutions in the state had already been sited in Ebonyi south, hence the district did not deserve to have more.
It was captioned, “An Open Letter To President Muhammadu Buhari, President, Federal Republic of Nigeria: Petition against the siting of the Federal College of Education (allocated to Ebonyi) at Isu, Onitcha LGA in Ebonyi South Senatorial District.”
It demanded that the institution be sited in any area in Ebonyi North Senatorial Distric, comprising Izzi, Ohaukwu, Ebonyi and Abakaliki LGAs, in line with the nation’s Federal Character principle.
The assembly, which comprises leaders of thought from the district, commended the president and the National Assembly for approving the establishment of the college in the state.
It said: “We believe that the selection of Ebonyi, alongside four others, was meant to ensure that states that hitherto had no federal tertiary educational institutions were accommodated in line with federal character principle.
“This is in contradiction to the principle of fairness, equity and justice, considering the indisputable fact that the district has two of the three federal tertiary institutions in the state, namely Akanu Ibiam Federal Polytechnic and Federal College of Agriculture, Ishiagu.
“Despite far-reaching representations made by various groups, the FME went ahead to approve the siting of the college at Isu community in Ebonyi South, thereby making the district to have three federal educational institutions.”
The group stated that the development could worsen the already skewed distribution of federal tertiary institutions in the state, if not reversed.
The petition was signed by 15 members of the assembly, including Prof. Richard Idike, former Vice Chancellor of Ebonyi State University, Sen. Chris Nwankwo, Sen. Sylvester Ngele, Rt. Rev Monday Nkwoegu, the Bishop of Abakaliki Anglican Communion.
Others were Rev. Emmanuel Nshii, State Overseer, Assemblies of God Church; Chief Austin Edeze, Chairman, Governing Council, Federal Polytechnic, Ado Ekiti; and Eze Fidelis Nwaonumara, Chairman, Izzi/Nnodo Traditional Rulers Council, among others.
Buhari greets Otunba Oyin Jolayemi at 80
The President, in a congratulatory message released by his spokesman, Mr Femi Adesina, in Abuja on Wednesday, congratulated the elder statesman for ”investments that have transformed the economy of the country, and greatly impacted on the citizenry.”
President Buhari affirmed that Otunba Jolayemi’s entrepreneurial spirit, which spurred investments in banking, consumer goods, pharmaceuticals and personal care products, deserved commendation, especially the growing profile of his companies and training of many to start their own businesses.
He acknowledged the visionary role Jolayemi had played as an industrialist for more than 40 years in the financial sector of the country, particularly raising infrastructure that served his businesses and community, and building confidence in the economy through international exhibition of his products.
The President believed the ”industrialist can joyfully look back, with three of his scions already involved in the family business, and be thankful to God for the grace of a good lineage.”
President Buhari joined family, friends and business associates of the philanthropist in celebrating the milestone, praying that the almighty God would grant him longer life and more strength.
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