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Appointment

Edun inaugurates new SEC board, urges members to drive Capital Market growth

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The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has charged the new Board Members of the Securities and Exchange Commission (SEC) to explore innovative mechanisms and improve on digital currency transactions in regulating Financial market.

Edun who spoke while inaugurating the board said it is aimed at attracting investors both within and outside the country
While inaugurating the Board in his office in Abuja on Tuesday, Edun stated that one of the key objectives of the President Bola Ahmed Tinubu’s Administration was ensuring the realization of fiscal policy geared towards Financial market regulations with a view to enhancing economic growth and development of Nigeria.
Director of Information and Public Relations, Mohammed Manga in a statement quoted the Minister to have emphasized the importance of facilitating financial development, improving the operational financial market, and mitigating challenges through the deployment of technology and innovation.
“Let me remind you and charge you also that, SEC, being the Apex Financial market and key regulators in foreign exchange financial market, Capital market and cooperative operators, need to be innovative as well as improve on technology to mitigate the financial market challenges in line with the Renewed Hope Agenda of the President Bola Ahmed Tinubu-led Administration.”

The Minister called on the Board to beam their searchlight on Crypto areas, which he said are fast moving, in order to protect the investment public and the general public,
“Let me urge you again to focus on crypto areas and develop a master plan for proper implementation by ensuring that they are regulated according to the guidelines.”

While congratulating them on their appointment, Edun indicated that the members of the Board were carefully selected based on their track record

He expressed optimism that with the pedigree of the members of the Board, the Commission is sure to witness the desired transformation.

The Minister therefore called on them to ensure that they bring in their wealth of experience to bear in the realization of the policy objectives of the present administration

Responding, the Chairman of the newly constituted
Board of the Commission, Mr Mairiga Aliyu Katuka, thanked President Bola Ahmed Tinubu for finding them worthy to assume the office of trust and responsibility.

He underscored his predicessor’s efforts that culminated in the remarkable achievements which repositioned the Commission as a regulating agency and promised to build a stronger and more resilient Financial ecosystem, in line with the Commission’s mandate as well as the Renewed Hope Agenda of the present administration

Mr. Katuka assured that members of the Board will harness their individual expertise and innovative ideas as well as their wealth of experience to bear in ensuring the realization of the policy objectives of government.

The new Board Chairman emphasized that the Board would pursue a comprehensive agenda aimed at advancing the interest of the investors, safeguarding market integrity, promoting capital formation and enhancing regulatory oversight.

He assured further that the Board will continue to collaborate with relevant stakeholders so as to ensure open communication and mutual cooperation in order to achieve the goals set for it

While assuring President Bola Ahmed Tinubu that the Board will not betray the confidence reposed in them, Mr Katuka
expressed the optimism that the future of Nigerian Security market is sure to chart a new course towards a more prosperous and resilient financial ecosystem, especially with the reforms and policies put in place by the present administration which includes robust inflation management, macro-economic innovations and improved private sector development.

Earlier in her opening remarks, the Permanent Secretary, Federal Ministry of Finance, Mrs Lydia Shehu Jafiya commended the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun for his unwavering and sterling leadership that is enabling the Ministry and its Agencies to deliver on their mandate.

She thanked President Bola Ahmed Tinubu for approving the appointment of the members of the Board, whom she said are people with proven integrity and track record that will ensure the realization of the mandate of the Commission.

Mrs Jafiya called on the Board Members to leave no stone unturned in repositioning the operations of the Commission in order to deliver on its mandate.

Delivery the closing remarks at the occasion, the Permanent Secretary Special Duties, Federal Ministry of Finance, Mr Okokon Ekanem Udo thanked President Bola Ahmed Tinubu for constituting the new Board at this crucial time that the country’s financial ecosystem is in dire need of growth and development.

Mr Okokon also thanked the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun for ensuring the Ministry’s resoluteness in implementing government policies and programmes that positively impact on the lives of the citizenry. He appealed to Nigerians to continue to support the Federal Government in its determination to reposition the economy for the future of our nation.

Members of the Commission inaugurated by the Honourable Minister include:

1. Mairiga Katuka – Chairman
2. Dr.Emomotimi Agama -DG (SEC)
3. Bola Ajomale –
Executive Commissioner Operations

4. Ms. Frana Chukwuogor – Executive Commissioner Legal and Enforcement
5. Mrs Samiya Hassan Usman – Executive Commissioner Corporate Services
6. Mr Lekan Bello – Non Ececutive Commissioner and
7. Garba Kurfi – Non Executive Commissioner

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Appointment

Ododo nominates former CJ for state anti-corruption commission chairmanship

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Henry Adebola Olusiyi

By Friday Idachaba, Lokoja

Governor Ahmed Usman Ododo has nominated former Chief Judge of the state, Justice Henry Adebola Olusiyi, for appointment as Chairman of the State Anti Corruption Commission.

Nominated alongside the former CJ are Dauda Onimisi Bello who is being considered for position of Director of Operations and Dr Teija Azubuju Seidu, Director of Administration.

This was revealed through a letter from the Governor to Kogi State House of Assembly, read on the floor at plenary, urging the Assembly to screen and confirm the nominees for appointments into the various positions.

Governor Ododo in the letter read by the Speaker, Rt Hon. Aliyu Umar Yusuf, said his recommendation of the nominees was inline with the provisions Part 2 of section 6(1a and to ii) of the law establishing the commission.

Following adoption of the governor’s letter in a unanimous voice votes, the House slated the nominees’ for Thursday and urged them to make themselves.

In same vein, the House at Tuesday plenary also directed Ibrahim Sunday Abdulwaris, nominee for the Chairmanship of Kogi State Electricity Regulatory Commission, to appear before it for screening on Tuesday next week.

In the letter to the House in this regard, Governor Ahmed Usman Ododo appealed to the lawmakers to screen and confirm the nominee.

The lawmakers in their support unanimously approved the governors request and urged the nominee to present himself before the House as scheduled. (Ends)

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Appointment

2027: Obi appoints Dr. Tanko as Interim National Coordinator of Obidient Movement

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The Labour Party’s (LP) presidential candidate in the 2023 general election, Peter Obi, has appointed Dr. Yunusa Tanko as the Interim National Coordinator of the Obidient Movement Worldwide.
This move which is part of efforts to consolidate the gains made during the 2023 presidential election, where Obi’s candidacy brought the previously obscure LP to national prominence.

The Obidient Movement played a key role in making the LP a household name, with Obi’s candidacy proving to be a formidable force, winning in key areas like Lagos and Abuja.

With ongoing crises within the LP showing no signs of resolution, Obi might be exploring other options, with the movement serving as a strategic platform for better bargaining power. This development follows a series of engagements and consultations aimed at establishing a more structured organization.

During an X Space meeting, Obi expressed gratitude to the over 165 individuals who submitted ideas and suggestions for the movement’s structure.
He commended the engagement and consultation team for their swift progress in managing the consultation process.
According to Obi, Dr. Tanko’s appointment is a strategic move designed to drive the movement forward, leveraging his expertise and dedication.
He encouraged supporters to continue engaging with the movement, emphasizing the importance of collective effort in building a stronger organization.
Since its inception, the Obidient Movement has gained significant momentum, with supporters rallying behind Obi’s vision for a better future both within Nigeria and globally.
This appointment marks a significant milestone in the movement’s evolution, transitioning from a grassroots phenomenon to a more structured organization.

In Obi’s words:

“Last week, I held an X Space to announce the start of a series of engagements that will help establish this structure. To drive this process, I set up a team to manage these conversations. This team was tasked with holding a series of consultations and engagements. I want to sincerely thank everyone who showed up at the engagement meeting they recently held. I also want to thank the team for how fast they moved the conversation and the consultation process.

“The team has provided me with a preliminary report. Last week, they put out a link for the submission of ideas and documents on how we should structure the movement. I want to extend my gratitude to the over 165 people who submitted their ideas and suggestions through the link provided by the Engagement and Consultation Team and those who attended a recent consultation meeting held on Saturday.

“We received a wide range of insights, including ideas on building an inclusive structure with a strong grassroots presence, leveraging technology to optimize our operations and secure our votes, and innovative suggestions for grassroots mobilization. Indeed, we have brilliant minds in our movement, and this was evident in the quality of the ideas we received.

“This is just the beginning. We are committed to ensuring that every member of this movement is heard and included as we build our structure. There will be more consultations at the regional level, and I encourage everyone to participate when called upon.

“Announcing Interim Leadership: Moving forward, it is crucial to have leadership in place to support this building process. After extensive consultations within the movement and reviewing feedback from Obidients through the ideas submitted, there is a consensus that the position of National Coordinator should go to the North. From the nominations submitted by key stakeholders in the movement and shared with the engagement team, Dr. Yunusa Tanko emerged as the most nominated candidate for this role. Given his track record, leadership qualities, and commitment to the movement, I am pleased to announce that Dr. Tanko Yunusa will serve as the Interim National Coordinator as we continue laying the foundation for our movement. I want to clarify that all positions filled at this stage are on an interim basis until our structure is fully developed.”

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Appointment

Anyebe, Karaku emerge new leaders of Kogi PDP

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PDP Congress in Kogi

By Friday Idachaba

Following a keenly contested congress held in Lokoja, honourable Enemona Anyebe has emerged as the new chairman of the Peoples Democratic Party (PDP) in Kogi State.

Anyebe polled 1632 votes, the highest number of votes cast, to defeat his closest rivals, Sanni Gambo, who secured 88 votes, Hon. David Ogwu with 56 votes, and Anthony Amengo with 74 votes.

The Chairman of the Kogi PDP Congress Committee, Senator Istifanus Gyang from Plateau State, announced the result after the congress held at Kefas Multipurpose Hall, Lokoja.

Alhaji Yahaya Karaku, a former Chairman of Okene Local Government Council, emerged as the Deputy State Chairman.

Senator Gyang congratulated the newly elected members of the party, urging them to work towards the success of the PDP in the state.

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