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Oando Appoints NDIC Board Chairman as Independent Director

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Ronke Sokefun NDIC Board Chairman

By Dipo Olowookere

The chairman of the board of the Nigeria Deposit Insurance Corporation (NDIC), Mrs Ronke Sokefun, has been appointed to the board of Oando Plc.

The NDIC board chairman was appointed along with Mrs Nana Fatima Mede as independent non-executive directors effective December 23, 2021, a statement from the energy firm disclosed.

She was chosen to head the board of the NDIC by President Muhammadu Buhari in January 2019 after serving for two terms as Commissioner in Ogun State under the immediate past Governor Ibikunle Amosun.

Mrs Sokefun is a lawyer who has had a sterling career spanning over three decades cutting across different sectors of the economy.

She worked at Ighodalo & Associates from 1990 to 1993 before moving to Aluko & Oyebode as an Associate and became a partner in 2001. Her practice focus was Business Advisory Services and she worked with several blue-chip companies in this regard.

In 2002, she moved to the Oando Group, where within a few years she rose to the position of Chief Legal Officer and also sat on the board of Celtel/Zain (now Airtel) as an alternate director.

She served in this position until 2011 when she became a Commissioner in Ogun State.

Mrs Sokefun is a fellow of the Institute of Directors, a member of the Institute of Chartered Secretaries & Administrators, the Nigerian Bar Association, the International Bar Association, and the Association of International Petroleum Negotiators.

On her part, Mrs Mede is an Accountant by profession and also possesses a certificate in public financial management from the prestigious John F Kennedy School of Government, Harvard University.

She has a vast amount of experience spanning over three and half decades working in the Nigerian public sector in various capacities.

In 1982, after her National Youth Service Corps (NYSC), she joined the Nigerian Television Authority (NTA) Abuja and left in 1991 as a Principal Accountant.

From 1991 to 2007, she worked with the Benue State government and rose to become the Permanent Secretary Treasury/Accountant General.

Mrs Mede moved to the Office of the Accountant General of the Federation in 2007, serving as a Director of Finance and the pioneer Director/National Coordinator of the Integrated Personnel Payroll Information System (IPPIS) and in 2014, she was sworn in as a Federal Permanent Secretary in the Ministry of Environment where she coordinated the formulation of the Nigerian Intended Nationally Determined Contribution (INDC) document on GHG in relation to Climate Change – a document which was presented by the President at the Conference of Party (COP 21) in Paris, 2015.

Afterwards, Mrs Mede was transferred as a Permanent Secretary to the Ministry of Budget & National Planning before gracefully retiring after attaining the mandatory 35 years of service in 2017.

She currently serves as a Technical Consultant to the Minister of State (Budget and National Planning) where she provides high-level technical assistance on Nigeria’s developmental plans. In December 2021, Mrs Mede was appointed a member of the National Judicial Council.

Meanwhile, Oando has announced the resignation of Mr Bukar Goni Aji as a non-executive director of the company with effect from December 23, 2021, and Mr Muntari Zubairu as an executive director with effect from December 23, 2021.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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Court Sanctions CHI Limited for Wrongful Employment Termination

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chi limited

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.

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Tinubu Appoints Tunji Disu as Acting Inspector General of Police

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Tunji Disu

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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Tunji Disu to Become New IGP as Egbetokun Quits

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tunji disu new IGP

By Adedapo Adesanya

Mr Tunji Disu, an Assistant Inspector General of Police (AIG), has reportedly replaced Mr Kayode Egbetokun as the new Inspector General of Police (IGP).

Mr Egbetokun resigned from the position on Tuesday after he was said to have held a meeting with President Bola Tinubu on Monday night at the Presidential Villa in Abuja.

President Tinubu appointed Mr Egebtokun as the 22nd IGP on June 19, 2023, with his appointment confirmed by the Nigeria Police Council on October 31, 2023.

Appointed as IGP at the age of 58, Mr Egbetokun was due for retirement on September 4, 2024, upon reaching the mandatory age of 60, but his tenure was extended by the President, creating controversies, which trailed him until his exit from the force today.

Although the police authorities are yet to comment on the matter or issue an official statement about his resignation, the move came amid reports suggesting that Mr Egbetokun has left the position.

Mr Egbetokun’s tenure was marred by a series of controversies; he recently initiated multiple charges against activist Mr Omoyele Sowore and his publication, SaharaReporters, after Mr Sowore publicly described him as an “illegal IGP.”

The dispute escalated into protracted legal battles, with the Federal High Court issuing injunctions restricting further publications relating to the former police chief and members of his family. Critics interpreted these court actions as attempts to stifle dissent and weaken press freedom.

His replacement, Mr Disu, was posted to oversee the Force Criminal Investigation Department (FCID) Annex, Alagbon, Lagos, some days ago.

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