General
Lagos Assembly Stops Salaries of Sanwo-Olu’s Appointees

By Modupe Gbadeyanka
On Tuesday, the Lagos State House of Assembly ordered the state government to stop the salaries of the appointees of Governor Babajide Sanwo-Olu, who the parliament has not screened.
At the plenary today, the state’s legislative arm of government said it was wrong for these government appointees to continue in office without due process, as their nominations should have been subjected to screening and confirmation by the House.
The Lagos Assembly, which summoned the Commissioner for Establishment, Mrs Ajibola Ponnle; the Head of Service, Mr Hakeem Muri-Okunola; and the Accountant-General of the State, Mr Abiodun Muritala, directed that the salaries and remunerations enjoyed by the affected appointees must be halted pending their appearances before the House.
In a Matter of Urgent Public Importance brought before the House by the Deputy Majority Leader, Mr Noheem Adams, the lawmakers lamented the increasing situation where supposed nominees of the governor continue to work without being screened and confirmed by the House.
The Speaker of the House, Mr Mudashiru Obasa, who presided at the sitting, agreed with the lawmakers that appointments of that nature without recourse to the parliament amounted to infractions.
“I quite agree with all of you that the failure of such nominees to appear is an infraction or violation of the laws of this House, especially as it relates to the MDAs, most of which were established by the laws of this House,” he said, noting that the House of Assembly has statutory provisions that nominees of the governor must appear for confirmation.
“It is becoming common and regular, and if we fail to act now, it becomes a norm. I share your sentiments that there is a need for us to put a stop to this. I am aware of the development in the Audit Commission; I am aware of the one in the Law Reform Commission and now the Auditor-General and some others,” the Speaker said.
Raising the issue earlier, Mr Adams cited Section 196, subsection 2; Section 198 and Section 126, subsection 3, which give backing to the House of Assembly in respect of nominations by the governor for appointments.
“Section 126, subsection 3 provides that except with the resolution of a State Assembly, no person shall act in the office of the Auditor-General for a state for a period exceeding six months.
“As the chairman of the House Committee on Legislative Compliance, I have observed that some appointments to boards and other agencies were not brought to this noble House. If this persists, the principle of separation of powers will be in jeopardy.
“For example, the Auditor-General was appointed on September 22, 2022, and today is April 11, 2023,” the lawmaker noted, adding that the Auditor-General’s appointment in acting capacity had exceeded what the laws stipulate.
Supporting him was Mr Ademola Kasunmu, who said the stipulations of Section 198 should be strictly adhered to, adding that because such appointments are considered null and void, every remuneration that had gone out should be returned to the coffers of the state.
Speaking on the same matter, Mr Victor Akande observed that the situation happened in the judiciary where an appointment was made without recourse to the House and the due process, as Mr Sa’ad Olumoh lamented that such appointments without regard for the House were becoming too many.
“Separation of power is a doctrine enshrined in the constitution. The executive has the right to nominate people and the House has the responsibility to either confirm or reject such nominations.
“It is not only in the office of the Auditor-General, but I don’t know in what capacity one can act beyond the time limit without recourse to the House,” he said while urging the House to look at the issue holistically so as to put an end to what could cause issues later.
In his contribution, Mr Rotimi Olowo, who noted the difference between nomination and appointment, lamented: “Today, we have a lot of people parading themselves with many names without appearing before this House for clearance. It should not be a padi-padi thing. This is a constitutional matter, and if we do not adhere, we will end up facing the wrought of the people.”
He said it was an infraction to have people who are not cleared by the House receiving salaries, and “I am of the opinion that such money is supposed to be returned to the coffers.”
On his part, Mr Desmond Elliot called on the House to act in a way to curtail any future occurrence, while his colleague, Mr Femi Saheed suggested that “in line with the constitution, anyone acting outside the stipulated time must recourse to the House,” noting that the Head of Service is made to appear before the House to clear himself over the issue.
General
UBA’s Abiodun Coker Wins Future Leader in Media Management Award

By Modupe Gbadeyanka
The Media and External Relations Lead of United Bank for Africa (UBA) Plc, Mr Abiodun Coker, has been crowned the Future Leader in Media Management.
He clinched this award at The Industry Summit/Awards held on Friday, May 2, 2025, in Lagos, with several persons from across all sectors in attendance.
Mr Coker’s recognition further cements his growing reputation as one of Nigeria’s most dynamic and future-ready communications leaders, with his eyes firmly set on redefining the media management landscape.
The award jury, chaired by Mr Tolulope Ogunjobi, a renowned broadcast business correspondent and Business Editor at TVC News, said Mr Coker was bestowed with the honour because of his exceptional achievements in the public relations field during the year 2024.
The team said one of them was his masterful handling of UBA’s 2024 rights issue, which successfully closed on December 24, 2024, and the impactful execution of the bank’s 75th Anniversary Campaign, both of which were described as commendable and exceptional.
According to the jury, his management of UBA’s media ecosystem during the year under review was remarkable, with several media professionals praising his public relations craftsmanship and ability to skilfully manage the image of one of Africa’s most formidable financial brands.
“Abiodun Coker’s achievements in 2024 are a beacon for greater accomplishments ahead. He is undoubtedly one of the strategic communication experts to watch in 2025,” the jury noted.
A seasoned professional, Mr Coker’s journey from an acclaimed financial journalist at BusinessDay Newspapers to a powerhouse in corporate communications has been nothing short of inspiring.
With over eight years of robust journalism experience, coupled with leadership roles at top-tier public relations firms such as BD Consult Ltd and Quadrant, he has consistently demonstrated his ability to transform and manage leading brands successfully.
Organized by The Industry Newspaper, the leading brand marketing publication in West Africa, the prestigious awards recognize outstanding professionals shaping the future of brand marketing and communications across the region.
General
FG Reassures Investors More Enabling Investment Climate

By Adedapo Adesanya
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has reiterated the federal government’s commitment to fostering a more enabling investment climate, anchored on macroeconomic stability, structural reform, and a clear pathway to inclusive prosperity.
He gave this assurance at a high-level private dinner, organized by Kuramo Capital Management Lagos as part of Africa Venture Capital Week.
The Minister lauded Kuramo Capital and its partners for their steadfast belief in Africa’s promise and highlighted the alignment between private capital and Nigeria’s renewed hope reform agenda.
According to a statement, participants recognized the vital role of blended finance and innovation in driving sustainable development.
The event brought together a distinguished group of global investors, development partners, and business leaders for a candid exchange on unlocking long-term capital for Africa’s growth and transformation.
It also marks Kuramo Capital’s first formal convening in Nigeria in several years, underscoring a renewed sense of commitment to deepening its strategic footprint across the continent.
Mr Edun said with this renewed commitment, the federal government is poised to unlock new opportunities for economic growth, investment, and inclusive prosperity.
He also called for more investment into the country, assuring participants that the right mechanisms are being put in place towards driving Nigeria’s development and improving the lives of its citizens.
General
FG Moves to Fast-Track Household Cash Transfer Scheme

By Adedapo Adesanya
The federal government is fast-tracking the implementation phase of its economic and financial inclusion strategy aimed at improving access to economic opportunities for Nigerians.
This was disclosed by the Deputy Chief of Staff to the President, Mr Ibrahim Hadejia, at the inaugural meeting of the Technical Committee of the Presidential Committee on Economic and Financial Inclusion (PreCEFI).
He said that “Financial inclusion is not just about having a bank account—it means access to quality services, credit, and the visibility that digital platforms offer.”
The meeting was held at the Presidential Villa, Abuja, on Wednesday.
The federal government established an inter-agency task force to address challenges delaying President Bola Tinubu’s approved conditional cash transfers to 15 million vulnerable households.
The task force includes the National Identity Management Commission (NIMC), National Social Safety-Nets Coordinating Office, National Cash Transfer Office (NCTO), Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement System (NIBSS).
The mandate of the taskforce goal is to unlock bottlenecks and fast-track the distribution of critical financial support to Nigeria’s most vulnerable.
The meeting also endorsed steps to work with state governments in localising data from the Enhancing Financial Innovation and Access in Nigeria (EFInA) Access to Financial Services survey – a biennial study conducted by the EFInA.
Mr Hadejia explained that the meeting brought together high-level stakeholders from government agencies, financial institutions, and academia to align on the President’s vision and execution roadmap.
“We are off to a very good start. What has led to the success of what we’ve done so far is alignment and inclusive stakeholder engagement,” he said.
On hsi part, the committee’s Secretary, Mr Nurudeen Zauro, said the meeting also approved PreCEFI’s strategic roadmap and governance structure.
Mr Zauro, who is also the Technical Advisor to the President on Financial Inclusion, said ” an inter-agency committee has been established to address delays in the disbursement of conditional cash transfers to 15 million households as mandated by President Tinubu.
“We will be presenting the report to the National Economic Council and the Nigerian Governors Forum to ensure data is domesticated and acted upon at the subnational level.”
Also, Director-General of NIMC, Mrs Abisoye Coker-Odusote, explained that digital identity plays a foundational role in achieving inclusion goals.
“The beauty of the NIN is that it bridges the financial divide. It provides access to health, education, and agricultural services and strengthens national data infrastructure,” she said.
The Director of Consumer Protection and Financial Inclusion at the CBN, Mrs Aisha Isa-Olatinwo, urged the committee to focus on implementable outcomes that serve those at the base of the pyramid.
According to her, financial inclusion is one of the eight reform pillars of the President’s agenda.
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