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BREAKING: PDP BOT member joins APC

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The house of the opposition Peoples Democratic Party (PDP) further depleted on Wednesday with a member if the party’s Board of Trustees (BOT), Senator Joy Emordi, defecting to the ruling All Progressives Congress (APC).

This is coming barely 24 hours after seven members of the National Working Committee (NWC) of the PDP.

Chairman of APC Caretaker Extraordinary Convention Planning Committee (CECPC), Governor Mai Mala Buni formally received the defector in a brief ceremony in Abuja on Wednesday.

A statement confirming the defection by the Director-General, Press, and Media Affairs to the Chairman, Malam Mamman Mohammed quoted Sen. Emordi to have said she was convinced the future of a prosperous and united Nigeria lies in the APC.

She described the APC leadership as sincerely and genuinely committed to a united Nigeria with plans for the future generation.

Assuring APC leaders of her loyalty and support Emordi said: “The APC-led federal government is working for the South East and this is attracting more PDP members into APC.”

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Buni expressed delight with decision of the board member to contribute to the unity of the country.

“There is a need for us to join hands for the political stability and national unity of our dear country,” Buni said.

He expressed optimism the coming of Sen. Emordi and other prominent politicians from the southeast into the APC will promote national unity.

“The South East is a strong political bloc and very crucial to the unity of the country, this will no doubt add to national cohesion, ” the chairman added.

 

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UPDATED: Tinubu appoints Jim Ovia as chairman of education loan fund

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President Bola Tinubu has appointed Jim Ovia as the chairman of the Nigerian Education Loan Fund (NELFUND).

 

Ajuri Ngelale, presidential spokesperson, announced the appointment of Ovia, chairman of Zenith Bank, in a statement on Friday.

 

Ngelale said Tinubu believes that Ovia will bring his immense wealth of experience to ensure that no Nigerian student suffers a paucity of funds in the quest for tertiary education.

 

On April 3, Tinubu signed the student loans amendment bill into law to provide Nigerians with quality and accessible education.

 

The law will allow Nigerian students in tertiary institutions to access low-interest loans for tuition and other academic needs.

 

Subsequently, the president appointed Akintunde Sawyerr as the managing director and chief executive officer (CEO) of the fund.

 

Tinubu also appointed Frederick Oluwafemi Akinfala as the executive director of finance and administration, while Mustapha Iyal will serve as the executive director of operations of NELFUND.

READ  2023: No presidential aspirant better than Tinubu, says Ganduje

 

 

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JUST IN: Tinubu appoints Jim Ovia as chairman of education loan fund

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President Bola Tinubu has appointed Jim Ovia as the chairman of the Nigerian Education Loan Fund (NELFUND).

 

Ajuri Ngelale, presidential spokesperson, announced the appointment of Ovia, chairman of Zenith Bank, in a statement on Friday.

More to follow…

 

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ICPC detains TETFund boss ‘over questionable N7.6bn project’

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has detained Sonny Echono, executive secretary of the Tertiary Education Trust Fund (TETFund).

Demola Bakare, ICPC spokesperson, confirmed the development on Friday.

 

Bakare said that Echono was invited by the anti-graft agency on Thursday.

“The executive secretary of TETFund is here with us. He has been invited for questioning. He is still in custody. He was invited yesterday.” Bakare said.

 

“He was invited on Thursday. He has not been released. He’s still with us. Investigation is still ongoing.”

 

It was earlier reported that TETfund awarded two contracts to Fides Et Ratio Academy and Pole Global Marketing (PGM) within two months at the cost of N3.8 billion respectively without the approval of the federal executive council (FEC), which is required for the contract size.

 

The contract was to provide capacity building course and learning management systems to about 2 million students across higher institutions in the country.

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In a rejoinder, TETFund said it did not award N7.6 billion contracts to two companies without due process.

 

The agency said it was wrong to say they were contracts, whereas they were ICT projects implemented under a memorandum of understanding (MoU) which doesn’t require competitive bidding in public procurement.

 

TETFund further said its disbursement guidelines were approved by the president on the recommendation of the “Fund’s Board of Trustees and concurrence of the Honourable Minister of Education in line with the TETFund Act 2011″.

In an interview with TheCable, Echono said there was no form of irregularity in the N7.6 billion project.

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