JUST IN: Buhari Sacks Mamman, Nanono as Ministers

Image

By Adedapo Adesanya

President Muhammadu Buhari has booted two Ministers from his cabinet – the Minister of Power – Mr Saleh Mamman and Mr Sabo Nanono, the Minister of Agriculture and Rural Development.

A spokesman of Mr Buhari, Mr Femi Adesina, announced the termination of their appointments on Wednesday in a statement issued in Abuja.

It was disclosed that the affected Ministers were asked to leave after “subjecting our projects and programs implementation to independent and critical self-review” through sector reporting during cabinet meetings and at retreats.

President Buhari said “these significant review steps have helped to identify and strengthen weak areas, close gaps, build cohesion and synergy in governance, manage the economy and improve the delivery of public good to Nigerians.”

He said this action had to be taken “to reinvigorate this cabinet in a manner that will deepen its capacity to consolidate legacy achievements.”

In view of this, he asked the duo to exit his administration as Ministers, while he approved the redeployment of two others, promising that “in due course, substantive nominations will be made to fill the consequential vacancies in accordance with the requirements of the constitution.”

As part of the cabinet restructuring, the statement said Mr Mohammad Mahmood Abubakar, the Minister of Environment, is expected to assume office as the new Minister of Agriculture and Rural Development, while Mr Abubakar Aliyu, the Minister of State for Works and Housing, has become the Minister of Power.

Business Post reports that this will be the first time President Buhari was voluntarily sacking active members of his cabinet.

These present Ministers came into office On Wednesday, August 21, 2019, after undergoing a retreat to bring returning and new members up to speed on the accomplishments, challenges and lessons drawn from the first term of Mr Buhari and to emphasise the nine priority areas of government for the second term.

In the statement by Mr Adesina, it was emphasised that the reshuffling of the cabinet would be continuous, while it was stated that Mr Buhari “personally met with the departing members to thank them for their contributions to discussions in cabinet and the invaluable services rendered to the nation” and wished “them the best in all future endeavours.”

Share
Related Stories
Image
05-February-2024

Oyinsan Takes Over as Pan-Atlantic University Alumni President

By Modupe Gbadeyanka A renowned broadcaster and media personality, Mr Gbemileke Oscar Oyinsan, has become the new president of the Pan-Atlantic University Alumni Association (PAUAA). Mr Oyinsan assured he and his team would promote the aims and objectives of the university and forge stronger links among the alumni and administrators of the foremost citadel of knowledge. “The focus of these new executives under my leadership is to ensure that the alumni stay connected and engaged through strategic execution of events and programmes that bring value,” he stated. The show host reiterated that the PAU over the years has earned a

Image
21-January-2024

New NSE President Advocates Grade 9 Entry Level for Engineers

By Adedapo Adesanya The new first female president of the Nigerian Society of Engineers (NSE), Mrs Margaret Oguntala, has called on state governments to implement Grade Level 09 as the entry point for engineers in civil service. She made the call during her investiture as the 34th president of the engineering professional body in Abuja over the weekend. She also called for a policy formulation that would compel employers of labour to pay commensurate welfare packages/hazard allowances to engineers. Mrs Oguntala said the advocacy would be key among her focus in the next two years as the president of NSE.

Image
01-February-2024

Otedola Takes Over as FBN Holdings Chairman

By Dipo Olowookere Prominent Nigerian businessman, Mr Femi Otedola, has been appointed as the chairman of FBN Holdings Plc, the parent company of First Bank Nigeria Limited, a foremost lender in the country. He was picked for the position at the meeting of the board of the organisation held on Wednesday, January 31, 2024. He is taking over the post from Mr Ahmad Abdullahi, after he joined the board in August 2023 as a non-executive director. Mr Otedola, who has been described as a visionary entrepreneur, is also the chairman of Geregu Power Plc, a company also listed on the

More Stories
Image
25-March-2018

NNPC Moves to Restore Enugu Depot

By Modupe Gbadeyanka The Nigerian National Petroleum Corporation (NNPC) has taken steps to revitalise the depot in Enugu so as to meet the demand of petroleum products in the entire South-East region of the country and beyond. To fast-track this, the state-owned oil firm has sought the assistance of the Enugu State government. On Thursday, the Group Managing Director of NNPC, Mr Maikanti Baru, paid a courtesy call on the Enugu State Governor, Mr Ifeanyi Ugwuanyi, at the Government House, Enugu. Mr Baru, who lamented the incessant acts of vandalism on the Aba-Enugu products pipeline, said at some point, about

Image
16-May-2021

NGX Group to Unveil ‘The Stock Africa is Made of’ Campaign

By Dipo Olowookere The Nigerian Exchange (NGX) Group Plc will on Tuesday, May 18, 2021, launch a campaign called The Stock Africa is Made of. This campaign comes on the back of the successful transformation of the defunct Nigerian Stock Exchange (NSE) to the NGX Group and its three subsidiaries – Nigerian Exchange (NGX) Limited, NGX Regulation (NGX RegCo) Limited and NGX Real Estate (NGX RelCo) Limited. The Stock Africa is Made of was designed to project the NGX Group’s new positioning and commitment to the African financial markets as a leading capital market infrastructure provider, connecting Nigeria, Africa and

Image
07-October-2019

Asian Stocks Close Mixed on Cautious Trading

Investors Hub Asian stocks ended mixed in cautious trading on Monday as investors digested fairly decent monthly jobs data from the U.S. and looked forward to the next round of high-level U.S.-China trade negotiations slated to happen in Washington on October 10-11. Markets in China and Hong Kong were closed for public holidays. Japanese shares started the week modestly lower as exporters fell on a stronger yen amid concerns over the outlook for U.S.-China trade talks. The Nikkei 225 Index slipped 34.95 points, or 0.2 percent, to 21,375.25 on low volume, while the broader Topix closed little changed at 1,572.75.

Image
12-January-2021

Expert Suggests Inclusion on Nutrition Education in Curriculum

By Ahmed Rahma A leading nutrition expert, Prof. Henrietta Nkechi Ene-Obong of the University of Calabar has demanded the inclusion of Nutrition Education in the academic syllabus at nursery, primary and secondary level. Speaking at a Protein Challenge Webinar themed Bridging the Knowledge Gap, she informed that by educating students about nutrition in school, they can educate their parents at home, curbing the menace of malnutrition, particularly protein malnutrition in Nigeria. Mrs Ene-Obong said the message about nutrition must be brought to the level of the people across every stratum of the society and where possible, provided in the local

Image
12-May-2021

FY21: Airtel Africa Posts Double-Digit Growth in Data, Mobile Money Earnings

By Dipo Olowookere Airtel Africa said in its financial year ended March 31, 2021, its data and mobile money earnings improved by double digits as a result of the lockdown imposed to contain the COVID-19 pandemic in its operating markets. Business Post observed that while data revenue grew by 24.3 per cent to $1.2 billion from $930 million, the revenue generated from its mobile money business went up by 29.1 per cent to $401 million from $311 million, with voice revenue recording 5.8 per cent growth to $2.1 billion from $2.0 billion. At the close of transactions for the accounting

Image
23-December-2022

Shell to Pay $15.9m to Nigerian Farmers for Oil Leaks

By Adedapo Adesanya Shell will pay $15.9 million to communities in Nigeria that were affected by multiple oil pipeline leaks in the Niger Delta. The oil company on Friday said in a joint statement with the Dutch division of Friends of the Earth. The compensation to the Nigerian farmers is the result of a Dutch court case brought by Friends of the Earth, in which Shell’s Nigerian subsidiary last year was found to be responsible for the oil spills and was ordered to pay for damages to farmers. The case was filed in 2008, and the plaintiffs said Shell contaminated

Image
06-January-2017

Kwara Pays Compensation to Land Owners

By Dipo Olowookere Kwara State government says it has paid compensation to the customary land owners of the new site at Asa River Bank in Ilorin where fish farmers are to be relocated. The government has also allotted the land at Yidi road currently being used by the fish farmers to Tuyil Pharmaceutical Industry to enable the company expand its factory. Director-General of the State Bureau of Lands, Mr Ibrahim Salman, made this disclosure on Thursday while reacting to claims that the customary land owners of the new site have not been duly compensated by the government. He noted that

Image
17-November-2021

30 million People in Sub-Saharan Africa in Extreme Poverty—Report

By Modupe Gbadeyanka About 30 million people in sub-Saharan Africa have been pushed into extreme poverty by the COVID-19 pandemic, wiping out more than five years of progress, a report released on Wednesday at the ongoing Bloomberg New Economy Forum in Singapore has revealed. Whilst some ground will be made up as economies across the continent recover, this will still not be enough to meet the United Nations’ Sustainable Development Goal of eradicating poverty by 2030 – a target that was already a stretch before the pandemic hit. The Bloomberg Economics Special Report titled Long COVID: Jobs, Prices and Growth

Ad
Ad
Recent Stories
Image
21-February-2024

AFC to Pump $40m Into African Medical Centre of Excellence Abuja

By Adedapo Adesanya  African instrumental infrastructure solutions provider, Africa Finance Corporation (AFC), has signed an equity investment term sheet, pledging up to $40 million towards the construction of an Abuja-based hospital, the African Medical Centre of Excellence (AMCE). The quaternary-level multi-specialty medical institution developed by the African Export-Import Bank (Afreximbank) in collaboration with King’s College Hospital, London, aims to revolutionise healthcare in Africa. Hospitals across West Africa struggle with funding, lack of essential resources, and limited access in rural areas. This flagship facility in Abuja is a key part of Afreximbank’s network of healthcare facilities, actively countering brain drain, reducing

Image
21-February-2024

Oyo Reopens Shri-Balaji After Closure Over Pollution

By Aduragbemi Omiyale The industrial company sealed earlier this month nonconformity and adherence to environmental laws of Oyo State, Shri-Balaji Industries Limited, has been reopened. The facility was unsealed on Wednesday on the directive of the Commissioner for Environment and Natural Resource, Mr Abdulmojeed Mogbonjubola. The company, which engages in the recycling of waste tyres to produce Pyrolysis oil and carbon black and steel wire as by-products, was closed by the state government to protect the lives of residents of the area. A statement made available to Business Post disclosed that for it to be reopened, Shri-Balaji paid a fine

Image
21-February-2024

FG to Restructure, Recapitalise Bank of Agriculture for Better Value

By Adedapo Adesanya The federal government has revealed plans to recapitalise and restructure the Bank of Agriculture (BOA) to bolster Nigeria’s agricultural sector and achieve national food security. This was one of the core revelations made by the Vice President, Mr Kashim Shettima, during the first meeting of the National Council on Privatisation (NCP) for the year 2024 at the Presidential Villa, Abuja on Tuesday. He said there is a central role that BOA could play in achieving national food security, citing its extensive branch network across all senatorial districts in the country. Mr Shettima, however, expressed concern about the

Image
21-February-2024

Foundation Urges Nigerians to Adopt Waste Management Hierarchy

By Aduragbemi Omiyale A recycling organisation, Turn Plastic Recycling Foundation, has encouraged Nigerians to embrace the waste management hierarchy to make the country a zero-waste society. The Project Manager for the firm, Mr Leo Nwofa, while giving a summary of the project journey in the past two years of the foundation, said to save the planet, people must adopt the system of proper waste disposal for recycling after use. The waste management hierarchy gives top priority to waste prevention, followed by reuse, recycling, recovery and finally disposal. Speaking at an event to mark the second anniversary of Turn Plastic Recycling

Image
21-February-2024

Peter Obi Fumes as CBN Hikes Cargo Clearing Rate to N1,605/$1

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has once again increased the exchange rate for customs cargo clearance by 9 per cent or N133.06 from N1,472.76/$1 to N1,605.82/$1. The new rate, which has already been reflected on the Nigeria Customs Service (NCS) portal, will further dampen the hope of importers, and trigger an increase in the price of imported products like food, fuel, spare parts, and phones, among others. The CBN had recently reduced the exchange rate from N1,515.48/$1 to N1,472.756/$1 after the market eased following some recent policy steps. This review will be the 12th since the

Image
21-February-2024

Panic at Black Market as EFCC Intensifies Clampdown on BDCs

By Dipo Olowookere There is apprehension at the black market segment of the foreign exchange (FX) market in Lagos and other cities across the country as security officials, especially from the Economic and Financial Crimes Commission (EFCC), are going after traders at the landscape. Recall that on Monday, some agents of the organisation disrupted business activities in Abuja, and on Tuesday, a similar scenario occurred at the popular Alade Market in Lagos. On Wednesday, Business Post gathered that more places were touched, with two of the Bureaux De Change (BDC) operators allegedly picked up by security operatives in the Agege

Image
21-February-2024

VFD Group Donates Books to Comenius Nursery and Primary School

By Modupe Gbadeyanka About 1,000 copies of Mama’s Sleeping Scarf by renowned Nigerian writer, Ms Chimamanda Ngozi Adichie, have been donated to the pupils of Comenius Nursery and Primary School in the Ikola area of Lagos State. The educational items were given to the elementary school by a leading proprietary investment company, VFD Group Plc, as part of its Corporate Social Responsibility (CSR) initiative. The firm, which is committed to fostering growth across diverse industries in Africa, said the books were donated to promote reading culture among children and inspire young minds to explore limitless possibilities. Mama’s Sleeping Scarf is

Image
21-February-2024

DSS Warns Organised Labour To Shun Planned Protest

By Adedapo Adesanya The Department of State Services (DSS) has urged Nigerians planning to protest next week led by organised labour to halt the idea. According to a statement from the spokesperson of the Nigerian secret police on Wednesday, Mr Peter Afunanya, there were plans by sections of the organised labour to stage protests in parts of the country over sundry economic issues between February 27 and 28, 2024 “While the Service recognises such action as the legitimate right of the labour movement, it, however, urges the body to shelve the plan in the interest of peace and public order,”

Image
21-February-2024

FG Completes $70m Yearly Concessionaire of Zungeru Plant to Penstock

By Adedapo Adesanya The federal government has completed the transfer of the operations of the Zungeru Hydroelectric Power Plant (ZHPP) to a concessionaire, Penstock Limited, in a move that will see the country earn $70 million yearly from the deal. The Vice President, Mr Kashim Shettima, confirmed this during the first meeting of the National Council on Privatisation (NCP) for the year 2024 at the Presidential Villa, Abuja on Tuesday. A concession is a kind of partnership between the public sector and often private companies that have shown its added value in a specific area, for example developing infrastructure. The

Image
21-February-2024

Rita Alakija’s Team Wins Coronation Group’s Lagos Polo Silver Cup Tourney

By Adedapo Adesanya African financial services provider, Coronation Group Limited, successfully concluded the highly anticipated Coronation Silver Cup final on Sunday, February 18 at the prestigious Lagos Polo Club in Ikoyi. The final match of this esteemed tournament was marked by the presence of distinguished guests, thrilling gameplay, and a celebration of sporting excellence. Special guests in attendance included President Tinubu’s Special Adviser on Industry, Trade and Investment, Mr John Uwajumogu, and Mr Abdul Samad Rabiu, Chairman/Founder, BUA Cement Plc. among others. The presence of these industry titans added to the excitement of the event and underscored the significance of