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Tinubu celebrates Osinbajo at 66

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The President-elect, Asiwaju Bola Tinubu, has celebrated Vice President, Professor Yemi Osinbajo, as he turned 66 on Wednesday.

Tinubu’s congratulatory message is coming one week after the vice president saluted him for emerging as the winner of February 25 presidential election.

Osinbajo had described the president-elect as a bridge builder whose immediate assignment is to reach out to disaffected sections of the electorate and to meet the expectations of the youth.

But on Wednesday, it was the turn of the former governor of Lagos State to reciprocate the gesture.

Tinubu  in a statement released by his media officer, Tunde Rahman, the president-elect applauded his former protégé’s administrative skills and professional accomplishments as an academic and erudite lawyer, which have seen him serve successfully as Attorney General and Commissioner for Justice during his administration as Lagos governor.

He said, “I rejoice and celebrate with our Vice President, Professor Yemi Osinbajo, on attainment of 66 today. Professor Osinbajo has been a remarkable intellectual in public service since he served with me in Lagos as Attorney-General and Commissioner for Justice. He contributed immensely to the success of our administration and led our justice sector reforms.

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“As the Vice President of our country, Professor Osinbajo has partnered very well with our leader, President Muhammadu Buhari, to deliver on the progressive programmes of our party to make life better for Nigerians especially in areas of massive infrastructural development and life-changing Social Investment Programmes.

“On this special day, I join his immediate family, friends and political associates to wish him continuous good health. Many happy returns dear Professor Osinbajo.”

 

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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.

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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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