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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 dipo.olowookere@businesspost.ng

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Jobs/Appointments

ECOWAS Trade Network Re-elects Nigeria’s Yakusak Ezra as President

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Yakusak Ezra

By Adedapo Adesanya

The Executive Director/Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Mr Yakusak Ezra, has been re-elected as the President of ECOWAS Trade Promotion Organisations (TPOs) Network in Accra, Ghana.

With the election, Mr Ezra is to serve another one-year tenure and will lead 15 other member ECOWAS countries in driving trade within the sub-region.

A statement signed by Mr Ndubueze Okeke, Head, Corporate Communications of NEPC said Mr Ezra’s re-election was also in line with Article 11 of the ECOWAS TPO Network.

“The ECOWAS Trade Promotion Organization is a network of all Trade Promotion Organizations in West Africa established by the decisions of the Council of Ministers at the Ordinary Session.

”Nigeria became the pioneer president in April 2021. Dr Ezra became the president following the expiration of the tenure of Mr Awolowo as ED/CEO of NEPC.

”The re-election of Dr Ezra was at the end of 2nd Annual General Meeting of the Network held at Alisa Hotel, Accra, Ghana from 19th – 20th May 2022.

”He was re-elected along with the vice president, Mr Ben Guy Mbangue from Cote’ D’Ivoire.

“The duo constitute the Executive Bureau of the Network and the tenure expires after one year. All members present unanimously re-elected the President and Vice President respectively,” the statement said.

ECOWAS TPO Network is a public-sector led entity and will work in partnership with the ECOWAS commission to drive inclusive trade development initiatives within West Africa and beyond.

The body is part of steps towards building mutual trust and cooperation without borders within the ECOWAS region. As of today, intra-Africa exports only account for about 16 per cent of Africa’s global export, and more specifically intra-ECOWAS trade only accounts for a tenth of ECOWAS countries’ global trade.

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FG Names Anamekwe Nwabuoku as Acting Accountant General

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Anamekwe Nwabuoku

By Aduragbemi Omiyale

Mr Anamekwe Nwabuoku has been appointed by the federal government as the acting Accountant General of the Federation (AGF).

The appointment of Mr Nwabuoku followed the suspension of Mr Ahmed Idris from office after the Economic and Financial Crimes Commission (EFCC) arrested him over an alleged N80 billion.

Last Monday, the anti-graft agency apprehended Mr Idris after his failure to honour an invitation extended to him over the matter.

He was taken into the EFCC custody to answer questions about the alleged fraud and to ensure an “unhindered investigation,” the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, asked him to step aside.

This action led to the postponement of the monthly Federal Account Allocation Committee (FAAC) last week as the embattled AGF leads the gathering.

In order not to create a vacuum, the federal government has asked Mr Nwabuoku to head the office in an acting capacity pending the outcome of the probe into the fraud allegation against Mr Idris.

His appointment was confirmed in a letter dated Friday, May 20, 2022, and signed by the Permanent Secretary in the Federal Ministry of Finance, Budget and National Planning, Mr Aliyu Ahmed.

According to the notice, the acting AGF is expected to carry out his duties in strict compliance with extant rules and observe the highest sense of professionalism.

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Semiu Adeniran Becomes Nigeria’s Statistician-General, NBS Chief

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Semiu Adeniran Nigeria's statistician-general

By Modupe Gbadeyanka

A professional statistician, Mr Semiu Adeniran, has become the substantive Statistician-General of the Federation and Chief Executive Officer (CEO) of the National Bureau of Statistics (NBS).

The appointment of Mr Adeniran was approved by President Muhammadu Buhari, a statement signed on Friday by Sufuyan Ojeifo, the Special Assistant on Media to the Minister of State for Budget and National Planning, Mr Clem Agba, disclosed.

The new Nigeria’s statistician-general was selected for the job following the death of the former occupier of the position, Mr Harry Simon on April 13, 2022.

According to the statement today, prior to his new appointment, Mr Semiu was the Director of Demographic and Household Statistics at the stats office.

The new NBS CEO has over three decades of statistical hands-on experience garnered from various local and international institutions and has a bias toward Demography and Social Statistics.

It was stated that the appointment is with immediate effect.

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