News

Naira scarcity protest: Obaseki orders Oshiomhole’s arrest

Published

1 year ago

February 16, 2023

admin

Governor Godwin Obaseki of Edo State has ordered the arrest of a chieftain of the All Progressives Congress, Adams Oshiomhole, over his alleged role in a protest that led to the destruction of banks and the death of no fewer than three people in the state.

Obaseki, in a Wednesday statement by his Commissioner for Communication and Orientation, Chris Nehikhare, alleged that Oshimohole, a former governor of the state, mobilised thugs to vandalise banks and disrupt the peace of the state.

The statement read, “We have been around the city all day, speaking with the protesters, and we discovered that it is more than meets the eye.

“At this stage, we call on security agencies to arrest Adams Oshiomhole for questioning and to account for his movement, especially here in Benin City in the last few days. He deliberately instigated the protest of the people.

“I know people will see the protest as a result of scarcity of naira notes, but even if that is the case, Nigerians should know which political party is involved, because it is ironic that the same party that is responsible for this policy is still sending people to destroy Peoples Democratic Party.”

READ FG's last-minute effort fails to stop NLC nationwide protest

Related Topics:Obaseki ORDER OSHIOMHOLE'S ARREST PROTEST

Up Next

Wike rules out last-minute deal with Atiku, says it’s over

Don't Miss

FULL TEXT: President Buhari’s nationwide address on naira redesign

Click to comment

News

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

Published

1 hour ago

April 26, 2024

admin

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 BREAKING: Labour suspends national protest over anticipated fuel subsidy removal

News

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

Published

4 hours ago

April 26, 2024

admin

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…

READ Custody of stolen artifacts sets Oba Ewuare, Obaseki on collision course

News

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

Published

8 hours ago

April 26, 2024

admin

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.

READ Supreme Court upholds INEC’S de-registration of 22 political parties

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.