By Aduragbemi Omiyale

In a bid to strengthen its board and support its transformation goals, FCMB Group Plc has appointed the chairman of the board of the Lagos State Employment Trust Fund (LSETF), Mrs Adepeju Adebajo, as an independent non-executive director.

A statement signed by the company secretary, Mrs Olufunmilayo Adelabu, disclosed that the appointment has been approved by the Central Bank of Nigeria (CBN).

She brings to the board over 30 years of experience across industry, renewable energy, agriculture, finance and consulting. She has worked with teams and clients in sub-Saharan Africa and Europe, helping them grow and multiply impact.

Throughout her career, Mrs Adebajo has led teams through change and growth. She previously worked at Lafarge Africa Plc, and was once the chief executive of Mouka Limited, Lumos Nigeria, UTC Nigeria Plc and an Assistant General Manager at United Bank for Africa (UBA) Plc. She is a Transformation Lead at Etex Group (Nigerite and Emenite Limited).

In 2025, she founded Climate Governance Initiative Nigeria, affiliated with the World Economic Forum (WEF) and serves on the World Economic Forum Council on Climate and Nature Governance (2025-2027).

Mrs Adebajo holds a Master’s and a BSc in Chemical Engineering from Imperial College London and an MBA from Harvard Business School.

By Aduragbemi Omiyale

The Oyo State chapter of the Nigeria Union of Teachers (NUT) has elected Mr Hassan Ajibola Fatai as its new chairman, replacing the outgoing Mr Raji Oladimeji Ismael.

He was chosen to lead affairs of the association in the next four years at the NUT Oyo State wing’s 8th quadrennial Delegates Conference in Ibadan, the state capital, on Wednesday.

Mr Fatai, a teacher at Migrant Farmers Primary School, Igbo-Iroko Kishi, vowed to safeguard the integrity, dignity, and professionalism of the teaching profession in the state, also promising to work with all members and stakeholders to reposition the union to better serve the welfare of its members.

Other newly elected executive members included Adeleke Adesina as deputy chairman, Alonge Oluyemisi as 1st vice chairman, Morakinyo Oyebola as 2nd vice chairman, Badmus Abiona as 3rd vice chairman, Bello Folasade as 4th vice chairman, Titilolu Ibukunolu as treasurer, Dada Kabirat as 1st internal auditor, Akinjide Yusuf as 2nd auditor and Ajala Niyi as publicity secretary.

Also, Alao Femi was elected as social secretary, Areo Felicia as assistant social secretary, Mobolaji Ademola as state national representative and James Ruth as Editor.

Speaking at the conference, the National President of NUT, Mr Titus Audu Amba, who was represented by the National Social Secretary, Ms Titi Ade Adebanjo, stated that the union was founded on democratic principles and the philosophy of labour unions.

According to him, in line with this, the union at the national, state and local levels conducts elections to usher in new executives at the end of every stipulated tenure.

He reiterated the group’s commitment to continue pursuing better welfare and improved conditions for teaching and learning in Nigeria.

On his part, Mr Ismael outlined major achievements recorded between 2022 and 2026, highlighting significant improvements in teachers’ welfare, professional development, and infrastructural expansion.

According to him, the union secured prompt salary payments, promotion arrears, annual increments, and interventions on pension-related matters, while also resolving cases of victimisation, wrongful postings, salary stoppage, and other disputes through its Legal and Welfare Committees.

“Persistent advocacy led to the recruitment of additional teachers and non-teaching staff, which eased workloads, improved teacher–pupil ratios, and enhanced learning outcomes across schools. It also facilitated long-delayed promotions, conducted trainings for SWEC members, and organised capacity-building programmes and mentorship sessions for young teachers,” he added.

By Modupe Gbadeyanka

Following the resignation of Mr Adebayo Adelabu as the Minister of Power a few days ago, President Bola Tinubu has nominated Mr Joseph Tegbe as his replacement.

A statement by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed on Thursday that Mr Tegbe’s name has been forwarded to the Senate for confirmation.

His nomination is expected to strengthen further ongoing efforts to reform the power sector, enhance grid stability, and attract sustainable investment in line with the Renewed Hope Agenda.

Upon confirmation, he is expected to bring his extensive expertise to bear to advance critical reforms and deliver improved outcomes for Nigerians in the power sector.

Mr Adelabu, a former Deputy Governor of the Central Bank of Nigeria (CBN), resigned last week to pursue his dream of becoming the Governor of Oyo State.

His replacement is also from Oyo State. He is a fiscal and economic reform expert with over 35 years of experience spanning the public and private sectors, according to the statement today.

He is a former Senior Partner and Head of Advisory Services at KPMG Africa, where he led wide-ranging initiatives in fiscal policy reform, institutional transformation, and governance. He has also advised key government institutions and private sector organisations on strategic reforms, regulatory frameworks, and investment structuring.

He is at present the Director General and Global Liaison for the Nigeria-China Strategic Partnership (NCSP), where he is responsible for strengthening bilateral development cooperation between Nigeria and the People’s Republic of China.

The NCSP also coordinates engagements with public sector stakeholders to advance economic and social development in line with FOCAC objectives.

Mr Tegbe’s experience includes significant engagements within the power sector, particularly in regulatory and institutional reform involving agencies such as the Nigerian Electricity Regulatory Commission (NERC) and the Nigerian Bulk Electricity Trading Company (NBET).