Jobs/Appointments
Elon Musk No Longer Joining Twitter Board
By Adedapo Adesanya
The world’s richest man, Mr Elon Musk, will no longer join the board of Twitter, the chief executive of the social media company, Mr Parag Agrawal, confirmed this morning.
The reversal in the decision is coming less than a week after it was announced that Mr Musk, who owns Tesla and SpaceX, had been appointed to the board after buying a major stake in the firm and becoming its largest shareholder.
“Elon has decided not to join our board,” Twitter CEO tweeted.
“Elon’s appointment to the board was to become officially effective 4/9, but Elon shared that same morning he will no longer be joining the board,” Mr Agrawal said.
“I believe this is for the best,” he added.
Currently, the world’s richest man and with more than 80 million followers on the microblogging platform, Mr Musk last week Monday (April 4) disclosed the purchase of 73.5 million shares or 9.2 per cent of Twitter’s common stock for $2.89 billion. His announcement sent Twitter shares soaring more than 25 per cent.
Mr Agrawal had announced on Tuesday, April 5 that Mr Musk would be joining the board, describing him as “a passionate believer and intense critic of the service which is exactly what we need”.
Mr Musk himself tweeted that he was “looking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!”
In his announcement via Twitter, Mr Agrawal shared a note he sent to Twitter, which said Musk’s appointment to the board would be contingent on a background check and that he would have to act in the best interests of the company once appointed.
“We have and will always value input from our shareholders, whether they are on our board or not,” he said.
“Elon is our biggest shareholder and we will remain open to his input,” Mr Agrawal added.
He had agreed to limit his Twitter stake to a maximum of 14.9 per cent while serving on the board but could now in theory increase his holding beyond that.
Many have noted that Mr Musk’s decision not to join came as his criticism could hurt the company. In one of his many controversial takes, he tweeted that – “Is Twitter dying?”.
Jobs/Appointments
Tinubu to Swear in Tunji Disu as IGP Wednesday After Police Council’s Nod
By Modupe Gbadeyanka
The appointment of Mr Tunji Disu as the substantive Inspector-General of Police (IGP) has been ratified by the Nigeria Police Council (NPC).
The endorsement of the acting police chief was done on Monday at the council’s meeting held at the State House in Abuja, and chaired by President Bola Tinubu.
In attendance were Vice President Kashim Shettima, state governors and the Chairman of the Police Service Commission, Mr Hashimu Argungu.
Others in attendance were the Secretary to the Government of the Federation, Mr George Akume; the National Security Adviser, Mr Nuhu Ribadu; the Chief of Staff to the President, Mr Femi Gbajabiamila; the Minister of Police Affairs, Mr Ibrahim Gaidam; the FCT Minister, Mr Nyesom Wike; and the head of service, Mrs Esther Didi Walson-Jack.
Mr Disu was praised for his outstanding service to the nation through various means. He has held critical operational, investigative, and strategic command positions nationwide. His last position was as Assistant Inspector-General of Police (AIG) in charge of the Special Protection Unit and the Force CID Annex, Lagos.
The endorsement of his appointment on Monday paves the way for his swearing-in by Mr Tinubu on Wednesday. The ceremony will take place during the Federal Executive Council (FEC) meeting, scheduled for the same day.
The President appointed Mr Disu as the new police chief, following the resignation of the former occupier of the seat, Mr Kayode Egbetokun.
Mr Disu was born on April 13, 1966, in Lagos State and joined the Nigeria Police Force on May 18, 1992, as a Cadet Assistant Superintendent.
He rose through the ranks with multiple qualifications in public administration, forensic investigation, criminology, security, legal psychology, and entrepreneurship-credentials that reflect his commitment to knowledge-driven, modern policing.
His state governor, Mr Babajide Sanwo-Olu, lauded Mr Disu for his exemplary services as a policeman, especially when he served as the Commander of the Rapid Response Squad (RRS) in Lagos State between 2015 and 2021, where his tenure earned him and the RRS recognition for excellence in crime control.
Jobs/Appointments
Court Sanctions CHI Limited for Wrongful Employment Termination
By Modupe Gbadeyanka
The termination of the employment of one Mr Bodunrin Akinsuroju by CHI Limited has been declared as unlawful by the National Industrial Court of Nigeria.
Delivering judgment on the matter, Justice Sanda Yelwa of the Lagos Judicial Division of the court held that the sacking of Mr Akinsuroju did not comply strictly with the provisions of the contract of employment and the Employee Handbook.
Consequently, the company was directed to pay him the sum of N2 million as general damages for wrongful termination and N200,000 as costs of action, while Mr Akinsuroju was ordered to return the company’s properties in his possession or pay their assessed market value.
Justice Yelwa found that the contract agreement between both parties clearly required either party to give 30 days’ notice or payment in lieu of notice after confirmation of appointment, and there was no evidence that the employee was given the required notice or paid salary in lieu of notice.
The judge held that failure to comply with this fundamental term amounted to a breach of the contract of employment, thereby rendering the termination wrongful.
Mr Akinsuroju had claimed that the allegation of misconduct against him was unfounded and not established, maintaining that the disciplinary committee proceedings were prejudicial and that the termination of his employment was without justifiable cause and without compliance with the agreed terms of his employment.
In defence, CHI Limited contended that it had the right to terminate the employment of Mr Akinsuroju and that the termination was lawful and in accordance with the contract of employment and the Code of Conduct.
In opposition, counsel to Mr Akinsuroju submitted that the alleged breaches were not proved and that the termination letter took immediate effect without the requisite 30 days’ notice or payment in lieu of notice as stipulated in the letter of appointment and the Employee Handbook, urging the court to hold that the termination was wrongful and to grant the reliefs sought.
Jobs/Appointments
Tinubu Appoints Tunji Disu as Acting Inspector General of Police
By Modupe Gbadeyanka
President Bola Tinubu on Tuesday appointed Mr Tunji Disu as the acting Inspector General of Police (IGP), following the resignation of Mr Kayode Egbetokun.
Mr Disu, an Assistant Inspector General of Police (AIG), was recently moved to the Force Criminal Investigation Department (FCID) Annex, Alagbon, Lagos.
A statement today by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, disclosed that the President would convene a meeting of the Nigeria Police Council shortly to formally consider the appointment of Mr Disu as substantive IGP, after which his name will be transmitted to the Senate for confirmation.
Mr Tinubu expressed confidence that Mr Disu’s experience, operational depth, and demonstrated leadership capacity would provide steady and focused direction for the Nigeria Police Force during this critical period.
He reiterated his administration’s unwavering commitment to enhancing national security, strengthening institutional capacity, and ensuring that the Nigeria Police Force remains professional, accountable, and fully equipped to discharge its constitutional responsibilities.
Mr Egbetokun was said to have resigned from the position due to pressing family considerations.
President Tinubu, who accepted the resignation letter, expressed his profound appreciation for Mr Egbetokun’s decades of distinguished service to the Nigeria Police Force and the nation. He acknowledged his dedication, professionalism, and steadfast commitment to strengthening internal security architecture during his tenure.
Appointed in June 2023, Mr Egbetokun was serving a four-year term scheduled to conclude in June 2027, in line with the amended provisions of the Police Act.
The statement disclosed that his replacement was in view of the current security challenges confronting the nation, and acting in accordance with extant laws and legal guidance.
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