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Purple Real Estate Welcomes Umar, Oladimeji to Board

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Purple Real Estate Income

By Adedapo Adesanya

Nigerian real estate platform, Purple Real Estate Income Plc, has made significant changes to its board, marking a pivotal moment in the company’s growth strategy amid current macro headwinds.

The reshuffle brings on Mr Aminu Umar and Mr Olasunkanmi Oladimeji to join the board as Non-Executive Director and Executive Director.

The duo of Mr Umar and Mr Oladimeji will take over from Mrs Osareme Archibong and Mrs Fiona Ahimie, both outgoing Independent Non-Executive Directors, according to notice on NASD OTC Securities Exchange, where the company trades its securities.

Commenting on the changes, the Chairman of the board, Mrs Jumoke Akinwunmi, stated, “We are thrilled to welcome Alhaji Aminu Umar and Mr Olasunkanmi Oladimeji to our board. Their expertise and leadership will be invaluable as we navigate our strategic objectives, reposition the company given the ongoing economic challenges, and strengthen our base whilst capitalising on emerging opportunities.

“We extend our gratitude to Mrs Osareme Archibong and Mrs Fiona Ahimie for their contributions to Purple’s growth and achievements this far.”

She said these changes reflect Purple Real Estate Income Plc’s commitment to fortifying its leadership team and capitalizing on new opportunities in the real estate sector.

Mr Umar is a distinguished figure in the Nigerian business landscape and will bring a wealth of experience as the Founder and CEO of Sea Transport Services Nigeria Limited.

His leadership has propelled Sea Transport Group to become West Africa’s primary transporter of crude and clean petroleum products, boasting a substantial market share in the petroleum movement in Nigeria.

His expertise in maritime policies and his connections with local and international trading companies will undoubtedly contribute to Purple’s strategic vision.

On his part, Mr Oladimeji is a seasoned investment professional with over 15 years of experience in Private Equity, Corporate Finance, Fundraising, and Transactions advisory.

His extensive background, including roles at PricewaterhouseCoopers (PwC), Access Bank, and Synergy Private Equity Fund, positions him well to drive Purple’s operational excellence.

Founded almost 10 years ago, Purple commenced operations in 2014 and is responsible for developing the Maryland Mall, a Grade A mixed-use centre that boasts the largest outdoor LED screen in West Africa.

Purple completed its listing and started trading on NASD OTC Bourse as a real estate company on March 23, 2023.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Jobs/Appointments

CSP Anietie Iniedu Replaces DCP Anthony Placid as Police Spokesman

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CSP Anietie Iniedu

By Aduragbemi Omiyale

The Nigeria Police Force (NPF) has a new spokesman: Mr Anietie Okokon Edem Iniedu, a Chief Superintendent of Police (CSP).

He is to replace Mr Anthony Okon Placid, a Deputy Commissioner of Police (DCP).

The change of guard was approved by the Inspector General of Police (IGP), Mr Tunji Disu.

In a statement on Friday, it was disclosed that the new Force Public Relations Officer of the police has extensive experience in public communication, operational policing, intelligence management, institutional accountability, and administration.

The IGP expressed confidence in his capacity to lead the Force Public Relations Department, noting that his experience and professional background will further enhance the agency’s strategic communication efforts and strengthen public engagement in support of ongoing policing reforms and operational successes.

A native of Etinan Local Government Area of Akwa Ibom State, he holds a Bachelor of Science (B.Sc.) degree in Pure Chemistry from the University of Uyo and has undergone several professional trainings in investigative interviewing, crime scene management, human rights-based policing, strategic communication, and intelligence analysis.

Prior to his appointment, he served as Head of the Complaint Response Unit (CRU), Force Headquarters, Abuja, where he coordinated public complaint management and championed initiatives aimed at strengthening transparency, accountability, and public trust in the Nigeria Police Force. He also previously served as Public Relations Officer of the Police College of Information Technology, Kobape, Ogun State, among several operational and administrative appointments across the country.

CSP Iniedu has held key positions including Operations Officer, Maisandari Division, Yobe State Command; Area Crime Officer, Umuahia Area Command, Abia State; Staff Officer, IGP Secretariat, Force Headquarters; Second-in-Command, 50 Police Mobile Force Squadron, Kubwa; and Officer-in-Charge of the Force Headquarters Situation Room, where he supervised the coordination and dissemination of crime and security information nationwide.

He can be reached via 08128526154, and X (Formerly Twitter): @cspiniedu.

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Tinubu Extends Customs CG Adeniyi Tenure by Six Months

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adewale adeniyi customs

By Modupe Gbadeyanka

The tenure of the Comptroller General of the Nigeria Customs Service, Mr Adewale Adeniyi, has been extended by six months.

This is the second time the tenure of Mr Adeniyi is being extended by President Bola Tinubu.

A statement on Friday night by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed that the customs chief is getting extra time in office to enable him to consolidate the implementation of the National Single Window and ensure an orderly succession in the service.

The tenure of the first extension is expected to end on August 1, 2026, but with the fresh tenure elongation, Mr Adeniyi is scheduled to bow out of service in February 2027.

“During the transition period, Adeniyi, working with the Nigeria Customs Service (NCS) Board, will ensure the promotion of eligible officers to the rank of Comptroller of Customs and the compulsory retirement of officers who have attained 60 years of age or have served 35 years,” a part of the statement said.

Mr Adeniyi joined customs after graduating from Obafemi Awolowo University (OAU), Ile-Ife, Osun State, in the late 80s.

He rose through the ranks, becoming deputy comptroller in 2012, comptroller in 2017, assistant comptroller general in 2020, acting deputy comptroller-general in January 2023, before his appointment by President Tinubu in June 2023 as the Comptroller General.

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Tinubu Appoints ex-KGMP CEO Kunle Elebute as FRCN Head

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Kunle Elebute

By Adedapo Adesanya

President Bola Tinubu has appointed a former chief executive of KPMG Nigeria, Mr Kunle Elebute, as chairperson of the Governing Board of the Financial Reporting Council of Nigeria (FRCN).

The appointment was disclosed in a statement signed by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, on Thursday.

According to the statement, the appointment reinforces the federal government’s commitment to strengthening corporate governance, enhancing investor confidence, and deepening transparency and accountability within Nigeria’s financial reporting ecosystem.

The profile of the new FRC chair indicates that Mr Elebute is a distinguished Chartered Accountant and financial management consultant with over four decades of professional experience spanning Nigeria, West Africa, and global markets.

He previously served as Senior Partner of KPMG Nigeria, Chairman of KPMG West Africa, and Chairman of KPMG Africa. During his illustrious career, he also served on KPMG’s regional and global boards, including its Global Board Audit Committee.

Mr Elebute is widely respected for his expertise in audit, financial advisory, risk consulting, corporate governance, and strategic transformation.

“Mr Elebute’s appointment comes at a pivotal time as the FRCN advances key institutional priorities, including ongoing engagements under the UK-Nigeria Enhanced Trade and Investment Partnership and broader efforts to align Nigeria’s corporate reporting framework with international best practices.

“The Federal Government is confident that his wealth of experience, leadership, and governance expertise will further strengthen the Council’s mandate and support the Renewed Hope Agenda’s objective of building a more transparent, competitive, and investment-friendly economy,” the statement added.

FRCN has the mandate of setting and enforcing financial reporting, auditing, actuarial, valuation, and corporate governance standards in Nigeria.

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