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Sanwo-Olu wins 2020 Zik Prize Award for Good Governance

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Lagos State Governor, Mr. Babajide Sanwo-Olu has been named winner of the 2020 Zik Prize for Good Governance.

Sanwo-Olu shared the prize with Abdullahi Sule, Governor of Nasarawa State.

The Lagos State governor was honoured with the award in recognition of his strong commitment to transforming Lagos into a Mega City using the THEMES developmental agenda, while quietly bringing back Lagos state as the Centre of Excellence.

The Public Policy Research and Analysis Centre (PPRAC) had sometime in September 2021 at a press conference in Lagos, formally announced the winners of the Year 2020 Zik Prize in Leadership Awards in different categories.

Sanwo-Olu on Monday, Nov 8, 2021, took to his Instagram page to share the news and photos from the event.

“It was a humbling experience for me last night, as I emerged winner of the Year 2020 Zik Prize for Good Governance.

This prestigious event was organized by the Public Policy Research and Analysis Centre, in honour of the late Dr. Nnamdi Azikiwe, a foremost former Nigerian President.

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My sincere appreciation goes to the organizers and everyone who voted for me to receive this award.

Such honor constantly serves as reminders that though one may be misunderstood as a leader who has the best of intentions for the citizens he has chosen to serve at heart, we must not be discouraged. Rather, we must continue to work the talk. Thank You, and have a blessed week everyone.”

Since 1995 when The Zik Prize in Leadership Award scheme started, it has held consistently, and has now evolved to become one of Africa’s most respected award schemes.

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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  Supreme Court affirms Sanwo-Olu’s election

 

 

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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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