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Seplat Petroleum appoints new Chief Financial Officer, Executive Director

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Seplat Petroleum appoints new Chief Financial Officer, Executive Director

The Board of Directors, Seplat Petroleum Development Company Plc (Seplat) has announced the appointment of Mr Emeka Onwuka as Chief Financial Officer and Executive Director of the Company, joining the Seplat board effective August 1.


This is contained in a statement signed by Mrs Edith Onwuchekwa, the Company Secretary and Chief Governance Compliance Officer, made available to the News Agency of Nigeria on Friday in Lagos.

Onwuchekwa said that Onwuka had over 30 years experience in financial services within Sub-Saharan Africa.

She said that he had also acted as the voice and face of major financial institutions in Nigeria as former Group Managing Director and CEO of Diamond Bank Plc and former Chairman of Enterprise Bank Limited.

“Mr Onwuka is a Partner at Andersen Tax Nigeria and holds various Board positions as Chairman; FMDQ Securities Exchange Limited; Director FMDQ Holdings Limited; Director, Ecobank Nigeria Limited and Director, Bharti Airtel Nigeria.

Mr Onwuka received his B.SC. in Political Science from the University of Nigeria, Nsukka and holds an MBA from the University of Benin.

“He is a Chartered Accountant, a Fellow of the Institute of Chartered Accountants of Nigeria, a Fellow of Chartered Institute of Taxation of Nigeria. He has attended executive programs at the Lagos Business School, Wharton Business School and Harvard Business School, among others,” she said

According to Onwuchekwa ,the Board of Seplat is confident that the wealth of knowledge and experience the new Chief Financial Director brings will be a great addition to the company.

She noted that the announcement of the Onwuka’s appointment was being made in accordance with Rule 4 of the Nigerian Stock Exchange Amended Listing Rules.

Edited By: Buhari Bolaji/Oluwole Sogunle (NAN)

Itohan Abaralaserian: is a graduate and a professionally trained journalist, with experience in national news reporting/editing and verification at the News Agency of Nigeria. NNN is a Nigerian online news portal that publishes breaking news in Nigeria, and across the world. Our journalists are honest, fair, accurate, thorough and courageous in gathering, reporting and interpreting news in the best interest of the public, because truth is the cornerstone of journalism and they strive diligently to ascertain the truth in every news report. Contact: editor[at]nnn.com.ng

General news

Obaseki denies alleged unfair award of contract to ICPC

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Gov. Godwin Obaseki of Edo has denied the allegation of bloated contracts, using his company, Afrinvest Ltd., to siphon state’s funds.


Obaseki’s denial is contained in a statement issued by his Special Adviser on Media and Communication Strategy, Crusoe Osagie and made available to the News Agency of on Tuesday in Benin.

NAN reports that some members of the People’s Democratic Party (PDP), under the aegis of ‘Concerned PDP members’, had petitioned the Independent Corrupt Practices and other related offences Commission (ICPC), alleging unfair awards of contracts to companies in which the governor had a personal interest.

The petition was authored by one Andrew Egboigbe, who claimed to be a PDP member in Ward 3, Orhionmwon LGA of Edo, on behalf of the other petitioners.

Osagie states: “Our attention has been drawn to the baseless petition to the Independent Corrupt Practices and other related offences Commission (ICPC) published in the media on Tuesday, Aug. 4.

“In the petition, one Andrew Egboigbe, who is said to be a member of the People’s Democratic Party (PDP) in Ward 3, Orhionmwon LGA of Edo State, accused Gov. Obaseki of unfair award of contracts to companies.

“The allegation is false and a feeble attempt to tarnish the image of the Edo State Governor.

“Edo, under Gov. Obaseki, prides herself as one of the most transparent states in the management of finances.

“As a matter of fact, Edo has been rated highly by the World Bank and other development institutions for her openness and transparency in the allocation of scarce resources, beginning with the process of making her budget, awards of contracts and release of funds to contractors’’.

He stated that the Edo government understood that during the electioneering times that the state is in currently, such bogus and baseless claims could be sponsored the opposition.

“As we head into the election, our eyes are constantly on the ball and we will not be distracted by such falsehoods,’’ he said.

Edited By: Abdulfatah Babatunde (NAN)

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General news

Obaseki denies alleged unfair award of contracts

Published

on


Gov. Godwin Obaseki of Edo has denied the allegation of bloated contracts, using his company, Afrinvest Ltd., to siphon state’s funds.


Obaseki’s denial is contained in a statement issued by his Special Adviser on Media and Communication Strategy, Crusoe Osagie and made available to the News Agency of on Tuesday in Benin.

NAN reports that some members of the Peoples Democratic Party (PDP) on the platform of ‘Concerned PDP members’, had petitioned the Independent Corrupt Practices and other related offences Commission (ICPC), alleging unfair awards of contracts to companies in which the governor had a personal interest.

The petition was authored by one Andrew Egboigbe, who claimed to be a PDP member in Ward 3, Orhionmwon Local Government Area of Edo, on behalf of the other petitioners.

Osagie states: “Our attention has been drawn to the baseless petition to the Independent Corrupt Practices and other related offences Commission (ICPC) published in the media on Tuesday, Aug. 4.

“In the petition, one Andrew Egboigbe, who is said to be a member of the Peoples Democratic Party (PDP) in Ward 3, Orhionmwon Local Government Area of Edo, accused Gov. Obaseki of unfair award of contracts to companies.

“The allegation is false and a feeble attempt to tarnish the image of the Edo State Governor.

“Edo, under Gov. Obaseki, prides herself as one of the most transparent states in the management of finances.

“As a matter of fact, Edo has been rated highly by the World Bank and other development institutions for her openness and transparency in the allocation of scarce resources, beginning with the process of making her budget, awards of contracts and release of funds to contractors’’.

He stated that the Edo government understood that during the electioneering times that the state is in currently, such bogus and baseless claims could be sponsored the opposition.

“As we head into the election, our eyes are constantly on the ball and we will not be distracted by such falsehoods,’’ he said.

Edited By: Abdulfatah Babatunde (NAN)

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Defence/Security

Mobile Police Training School, not personal asset of I-G – Police

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The Police say the Mobile Police Training School in Nasarawa State  was a national security legacy project and not a personal asset of the Inspector General of Police (I-G), Mr Mohammed Adamu.


The Force Public Relations Officer (FPRO), Mr Frank Mba, disclosed this in a statement on Tuesday in Abuja.

Mba said establishing the school in Endehu, Nasarawa State, was informed by overriding national security consideration on the need to strengthen the operational capacity of the special forces of the Nigeria Police Force.

He said that the IGP had not used his office to threaten Mobile Police Commanders into generating millions of naira monthly through illegal means for the project.

”It is on record that the parcel of land where the institution was sited was donated to the Police with the full complement of the Certificate of Occupancy by the Governor of Nasarawa State.

“The acquisition of the land was, therefore, without any financial commitment by the Police.

”The construction of the facility was achieved with the support of the Nasarawa State Government and well-meaning corporate bodies within the context of their Corporate Social Responsibility (CSR).

”All the support so extended were not in cash but in form of donation of materials,” he said.

Mba said that the only involvement of some Squadron Commanders was to ensure the delivery of some of the construction materials so donated by the corporate bodies.

He said the construction of the project through corporate intervention was a demonstration of the commitment of the Force leadership to meet its obligations to citizens.

According to him, this is not the first time  corporate organisations and governments at all levels are assisting the police to bridge operational and infrastructural gaps.  

 

Edited By: Chidinma Agu/Maharazu Ahmed (NAN)

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Defence/Security

CAS task NAF cadets on core values of integrity, service before self

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The Chief of Air Staff, Air Marshal Sadiq Abubakar, has tasked cadets of the Nigerian Air Force (NAF) on core values of integrity, first excellence in all they do and service before self.


Abubakar gave the charge on Tuesday night during the regimental Dinner of Direct Short Service, Course 29, at the Military Training Centre NAF base Kaduna.

The News Agency of Nigeria reports that regimental dinner was a military tradition worldwide aimed at inculcating one of the rich mess etiquette in officers in order to maintain regimentation and comradeship among other military ethics and tradition.

The Air Chief was represented by Chief of Policy and Plan, NAF Headquarters, AVM Isiaka Amao.

Abubakar reminded the cadets of vision of the NAF as they looked forward to passing out and begin your service to our fatherland as commissioned officers.

“To reposition the NAF into highly professional and disciplined force through capacity building initiative for effective, efficient and timely employment of air power in responsive to Nigeria’s national security imperatives.

“In line with this vision, you have undergone six months of intensive military training to prepare you as officers for the rigours of service in the NAF,’’ CAS said.

According to him, this is particularly important as the country, in recent time, has witnessed a wide range of security challenges that have stretched the capacity of the armed forces and other security agencies.

Abubakar said the armed forces, particularly NAF, had been involved in operation aimed at finding lasting solution to some of these security challenges.

He added that NAF has also been involved in community out-reach programmes to demonstrate a human approach to finding lasting solution to some of the security challenges.

“As you pass out from training to become commissioned officers, most of you will be assigned various duties in order to restore peace to our nation.

“Such duties will not only require professional competences, but also your ability to lead men in the field.

“Military profession is all about leadership and command, as young officers, you will realise that your men depend on you for inspiration.

“You are, therefore, to ensure that you show good example in both your personal qualities and abilities.

“This can only be achieved by ability to apply NAF core values of integrity, first excellence in all we do and service before self,’’ he said.

Abubakar charged the cadets to always ensure that equipment and resources that would be put at their disposal were maintained and judiciously utilised.

This, he said, is in keeping with NAF policy of prudent management of resources and culture of self-reliance, which is key driver of CAS vision.

NAN report that the passing out parade of the cadets would be held on Aug. 8.

Edited By: Chidinma Agu/Abdulfatah Babatunde (NAN)

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Contact US: editor @nnn.com.ng, nnnnews247 @gmail.com

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