Jobs/Appointments

APC Cautions ADC, GNI Against Mocking Ogun Workers

Published

7 years ago

04/01/2019

By Modupe Gbadeyanka

Ogun State chapter of the All Progressives Congress (APC) has warned the African Democratic Congress (ADC) and its governorship candidate in the state, Mr Gboyega Nasir Isiaka (GNI), not to trick workers of Ogun State by their emergency solicitous and patronizing promises vaingloriously aimed at winning votes.

In a statement issued on Friday evening in Abeokuta by its Publicity Secretary, Comrade Tunde Oladunjoye, the ruling party in the state noted that the ADC candidate played a prominent role in the previous administration in Ogun State, which was totally unfriendly to workers.

Mr Oladunjoye stressed in the statement that GNI was deeply involved with the government that owed workers salaries and unpaid deductions, sacked lecturers, dislocated families, and put the state in unprecedented debt trap that Ogun is yet to recover from.

Speaking on the reported promise by the ADC candidate that he will recall workers sacked by Governor Ibikunle Amosun if elected, the APC mouthpiece said, “Our advice is that the ADC and its candidate should not mock the plight of Ogun workers as they, the workers, know by pedigree and association, who the genuine friends of Ogun workers are, and the candidate that could place premium on their welfare in government.

“The question to ask ADC is, where was Mr Isiaka all this while in the concerted struggle to get these workers recalled, including the interventions of prominent traditional rulers like Awujale of Ijebu land? Why did it take his campaign visit to NLC for him to make this emergency promise?”

“It is on record that the unjust sacking of the affected workers was a personal draconian decision of Governor Amosun, who is now promoting a rookie as governorship candidate in the Allied People’s Movement.

“Our party, All Progressives Congress (APC), opposed the sacking of the workers and we made it known on Monday, December 17, 2018 on Sweet 107.1 FM live Programme in Abeokuta, that the next APC Government of Prince Dapo Abiodun would not only reinstate the sacked workers, but will also call back from retirement those that were untimely retired by Governor Amosun.

“Prince Dapo Abiodun also said he will obey the court order directing the reinstatement of the sacked Staff of Tai Solarin College of Education (TASCE), Omu Ijebu. Is GNI just waking up?

“It is very important to remind the good people of Ogun State that GNI was part of the eight years rule of the former governor, Otunba Gbega Daniel (OGD).

“He was a very important part of the inner caucus of the government at that time, which made him earn a very sensitive position as the head of the Gateway Holdings and was later presented by OGD as the Peoples Democratic Party’s (PDP) gubernatorial aspirant and later People’s Party of Nigeria’s (PPN’s) governorship candidate in 2011,” Mr Oladunjoye said in the statement.

“The questions to ask ADC and its candidates are many. We will just ask a few: What was his reaction when the OGD government could not pay retired civil servants their pensions and gratuities between 2008 and 2011 totaling over N7.5 billion? What was your role or reaction when over 1,000 workers of the Olabisi Onabanjo University, Ago Iwoye, were sacked in one fell swoop in one day? What was your reaction when over 50 doctors resigned from OOUTH between 2007 and 2011 and others that were left went on strike for nine months that paralyzed health service delivery?

“What was your reaction when billions of naira were owed in salary arrears to all higher institutions in Ogun State by an administration in which you were one of the chief economic strategists? What did you do to stop the government from piling up debt, the highest in the annals of Ogun State, and from which the state is yet to recover?

“Did you ever lift a finger for the workers of TASCE, Omu-Ijebu, who were pauperized, with many losing their lives, by the administration you served? What did you do when the government you were part of made Ogun State to be blacklisted by UBEC via SUBEB for not paying the UBEC counterpart funds from 2008 to 2011, resulting in serious decay in the infrastructures of the primary and JSS schools all over Ogun State?” he asked.

APC spokesman further said that “it will be interesting for GNI to tell us his reaction when the government in which he fully served as economic strategist increased the tertiary school fees by over 300 percent and forced student union leaders to sign a bond acceding to 20 percent automatic yearly increment in school fees? The same government that failed to carry out promotion for teachers and civil servants between year 2008 and 2011.

“The ADC candidate, as the Chairman of Gateway Holdings under the immediate past administration, supervised (in a process devoid of transparency) the controversial auctioning of prized assets of Ogun State to friends and proxies of the then government, which led to the sack of thousand of workers and caused untimely deaths and dislocated families with untold hardship.

“Ogun workers are not daft. They are not ‘brainless’ like Amosun described them. They are actually very discerning and are not fooled by emergency friends and activists.”

Jobs/Appointments

Jalo-Waziri Bows Out as CSCS CEO, Shehu Shantali Takes Over

Published

1 day ago

19/12/2025

Adedapo Adesanya

By Adedapo Adesanya

The Central Securities Clearing System Plc (CSCS) has announced the appointment of Mr Shehu Yahaya Shantali as its new Chief Executive Officer (CEO), effective January 1, 2026, subject to regulatory approval.

Mr Shantali will succeed Mr Haruna Jalo-Waziri, who will step down after an eight-year tenure, where he contributed significantly to advancing Nigeria’s capital market infrastructure.

During his tenure, Mr Jalo-Waziri provided visionary and results-driven leadership that delivered sustained growth and far-reaching transformation across the organisation.

He led the successful execution of critical strategic initiatives, strengthened governance and operational effectiveness, and modernised the company’s systems and processes, positioning the organisation for long-term resilience and competitiveness.

His leadership significantly enhanced stakeholder confidence, deepened the organisation’s market relevance both domestically and internationally, and established a strong, future-ready foundation for continued success.

Commenting on the appointment, the Chairman of the CSCS board, Mr Temi Popoola, said: “On behalf of the Board, I would like to express our profound appreciation to Haruna Jalo-Waziri for his outstanding service to CSCS. Under his leadership, the company recorded notable milestones and built an impressive legacy of operational excellence, innovation, and stakeholder confidence. We thank him sincerely for his dedication and impact.

“We are equally delighted to welcome Shehu Shantali as the new Chief Executive Officer of CSCS. He brings a wealth of experience, deep industry knowledge, and a strong strategic vision. The Board is confident that he will build on the solid foundation laid by his predecessor and lead the Company into its next phase of growth.”

Mr Shehu Yahaya Shantali holds a Bachelor of Science degree in Accounting from Ahmadu Bello University, Zaria, and an Executive MBA from Kingston Business School. He has over two decades of experience in accounting, finance, and financial services across Nigeria and the United Kingdom, with expertise spanning investment and asset management, financial advisory, and International Financial Reporting Standards (IFRS).

His career cuts across capital markets, investment banking, real estate, and financial services, and is underpinned by a decade at the Securities and Exchange Commission (SEC) Nigeria, where he championed the migration of publicly listed and significant public interest entities from Nigerian GAAP to IFRS and led the Commission’s transition to the contributory pension scheme in 2012.

Mr Shantali has built deep experience in financial inclusion, digital financial infrastructure, and the development of scalable, market-wide platforms that expand access to regulated financial services. As Managing Director and Chief Executive Officer of Apricot Investments Limited, he led the development of the MicroWorld platform, enabling the distribution of structured financial products, including micro-health, micro-pension, micro-housing, micro-insurance, and micro-investment solutions.

Earlier in his career, his team developed Nigeria’s first contactless payment solution, and he played a pioneering role in POS-based agency banking and early mobile-money interoperability on the NIBSS NIP platform, supporting efficient payments, settlement, and system-wide connectivity.

Reflecting on his tenure, the outgoing CEO, Mr Jalo-Waziri, stated: “It has been an honour to serve as the Chief Executive Officer of CSCS. I am proud of what we have achieved together as a team and grateful for the support of the Board, management, regulators, and all our stakeholders. I am confident that CSCS is well-positioned for the future, and I wish my successor every success as he takes the company forward.

In his remarks, the incoming CEO, Mr Shantali, said: “I am deeply honoured by the confidence the Board has placed in me with this appointment. CSCS plays a critical role in Nigeria’s capital market ecosystem, and I look forward to working with the Board, management, staff, regulators, and market participants to strengthen the Company’s leadership position further, deliver value to stakeholders, and support the continued growth and stability of the capital market.”

In a statement, CSCS Plc commended Mr Jalo-Waziri for his contributions to enhancing the company’s operational capabilities and fostering market development during his tenure with the organisation.

The company reaffirmed its commitment to upholding the highest standards of corporate governance, operational excellence, and stakeholder engagement as it continues to support the Nigerian capital market.

Jobs/Appointments

Tinubu Approves Reconstitution of NERC Board

Published

1 day ago

19/12/2025

Adedapo Adesanya

By Adedapo Adesanya

President Bola Tinubu has approved the reconstitution of the board of the Nigerian Electricity Regulatory Commission (NERC), following the Senate’s confirmation of its members on December 16.

This was disclosed in a statement released by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga.

He noted that the board is chaired by Mr Musiliu Olalekan Oseni, who started his service as a Commissioner in January 2017. He was subsequently appointed Vice Chairman of the commission.

His appointment as Chairman took effect from December 1, 2025, and shall subsist until the completion of his ten-year tenure at the commission, in accordance with the provisions of the Electricity Act, 2023.

Mr Yusuf Ali is now the Vice Chairman. He was first appointed as a Commissioner in February 2022. His designation as Vice Chairman took effect on 1 December 2025 and shall remain in effect until the completion of his first term.

The others are; Mr Nathan Rogers Shatti — Commissioner. He is serving a second term as commissioner. He was first appointed in January 2017.

Mr Dafe Akpeneye — Commissioner. He is serving a second term, having been first appointed as a Commissioner in January 2017.

Mrs Aisha Mahmud Kanti Bello — Commissioner. She is serving her second term, having been first appointed as a Commissioner in December 2020.

Mr Chidi Ike, PhD— Commissioner. He is serving his first term, having been first appointed as a Commissioner in February 2022.

Mr Fouad Animashaun, PhD — Commissioner. He is serving his first term, effective December 2025. He is an energy economist with extensive experience in the Nigerian power sector and most recently served as Executive Commissioner and Chief Executive Officer of the Lagos State Electricity Regulatory Commission.

President Tinubu charged the board members of NERC to deepen and consolidate the ongoing transformation of Nigeria’s power sector, in strict alignment with the letter and spirit of the Electricity Act, 2023.

Jobs/Appointments

NMDPRA CEO Farouk Ahmed, NUPRC Boss Gbenga Komolafe Resign

Published

3 days ago

17/12/2025

Adedapo Adesanya

By Adedapo Adesanya

The chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed, has resigned alongside his counterpart at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr Gbenga Komolafe.

Based on the development, President Bola Tinubu has asked the Senate to confirm new chief executives for the two agencies.

The President’s request was contained in separate letters to the Senate on Wednesday, according to a statement signed by Mr Bayo Onanuga, the Special Adviser to the President on Information and Strategy, late on Wednesday.

Both officials were appointed in 2021 by former President Muhammadu Buhari to lead the two regulatory agencies created by the Petroleum Industry Act (PIA).

To fill these positions, President Tinubu has written to the Senate, requesting expedited confirmation of Mrs Oritsemeyiwa Amanorisewo Eyesan as CEO of NUPRC and Mr Saidu Aliyu Mohammed as CEO of NMDPRA.

Mr Ahmed’s resignation comes amid a high-profile conflict with businessman, Mr Aliko Dangote, who alleged that the NMDPRA chief and his family were living beyond their legitimate means, citing millions of Dollars allegedly spent on overseas schooling for his four children.

Mr Eyesan, a graduate of Economics from the University of Benin, spent nearly 33 years with the NNPC and its subsidiaries. She retired as Executive Vice President, Upstream (2023–2024), and previously served as Group General Manager, Corporate Planning and Strategy at NNPC from 2019 to 2023.

Mr Mohammed, born in 1957 in Gombe, graduated from Ahmadu Bello University in 1981 with a Bachelor’s in Chemical Engineering. He was announced today as an independent non-executive director at Seplat Energy.

His prior roles include Managing Director of Kaduna Refining and Petrochemical Company and Nigerian Gas Company, as well as Chair of the boards of West African Gas Pipeline Company, Nigeria LNG subsidiaries, and NNPC Retail.

He also served as Group Executive Director/Chief Operating Officer, Gas & Power Directorate, where he provided strategic leadership for major gas projects and policy frameworks, including the Gas Masterplan, Gas Network Code, and contributions to the Petroleum Industry Act (PIA).

He played a pivotal role in delivering key projects such as the Escravos–Lagos Pipeline Expansion, the Ajaokuta–Kaduna–Kano (AKK) Gas Pipeline, and Nigeria LNG Train.