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Sam Onukwue Takes Charge as ASHON Chairman

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Sam Onukwue

By Aduragbemi Omiyale

The First Vice Chairman of the Association of Securities Dealing Houses of Nigeria (ASHON), Mr Sam Onukwue, has been elected as the Chairman of the group.

Mr Onukwue, who has extensive banking and capital market experience spanning over 30 years, including service at the Central Bank of Nigeria (CBN), several other lending institutions, took charge of the body after the statutory retirement of Mr Onyenwechukwu Ezeagu, who occupied the position for five years.

With this development, Mr Ezeagu is now an ex-officio member of the new governing council of ASHON. Others are Charles Egbunonwo of Forthright Securities and Investment Limited, Oluwadare Samuel Adejumo of Pivot Capital Limited, Olubunmi Ajayi of Sigma Securities Limited, Kolawole Thomas Oyedokun of DSU Brokerage Services Limited, and Olumuyiwa Adeyemi of Atlas Portfolio Limited.

Those in the executive committee of the group are Mr Sehinde Adenagbe as the first Vice-Chairman, Ms Ifeyinwa Ejezie as the second Vice-Chairman, amongst others.

The new chairman is a graduate of Accounting from the Yaba College of Technology, a Fellow of the Institute of Chartered Accountants of Nigeria (CFA), and the Chartered Institute of Stockbrokers (FCIS).  He holds an MBA from the University of Lagos and an M.Sc. from Leeds University, UK.

Mr Onukwue serves on the board of many companies, top-class professional bodies and trade groups.

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

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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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