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CBN: Senate screens Cardoso, Others on Thursday

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The Senate will upon resumption from its annual recess on Tuesday screen the Presidential nominee for the position of the Central Bank of Nigeria, CBN, Olayemi Michael CARDOSO.

The upper legislative chamber will also screen four nominees for the positions of CBN Deputy Governors, who are expected to join Cardoso to manage Nigeria’s monetary policy in the next five years.

In a statement by the Senate Leader, Opeyemi BAMIDELE, the senate will screen all the nominees as soon as it returns to plenary on Tuesday in a Committee of the Whole .

The statement said: “The Senate of the Federal Republic of Nigeria will resume plenary on Tuesday, September 26.

We will consider the screening of Dr. Cardoso at the Committee of the whole. “Dr. Cardoso will be screened alongside four deputy governors namely Mrs. Emem Nnana Usoro, Mr. Muhammad Sani Abdullahi Dattijo, Mr. Philip Ikeazor, and Dr. Bala M. Bello.

The statement also disclosed that Senate has scheduled to screen the ministerial nominees – Dr. Jamila Bio Ibrahim and Ayodele Olawande, as Minister of Youth and Minister of State for Youth on October 3.

President Bola Tinubu had on September 15 approved the nomination of Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN).

CARDOSO comes with a lot of pedigree as former Chairman of the Board of Citi Bank Nigeria for the position of the apex bank.

He also approved the nomination of four deputy governors for a term of five years each at the first instance, pending their confirmation by the Senate of the Federal Republic of Nigeria.

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FG Immortalizes Buhari renaming UNIMAID after him

UNIMAID will now be known as Muhammadu Buhari University, Maiduguri.

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President Bola Ahmed Tinubu on Thursday announced that the University of Maiduguri would be renamed in honour of the late leader, Muhammadu Buhari.

UNIMAID will now be known as Muhammadu Buhari University, Maiduguri.

Presiding over the FEC session, President Tinubu delivered a stirring tribute, celebrating Buhari’s life as one defined by discipline, moral fortitude, and unwavering patriotism.

He described Buhari not as a perfect man—no leader is—but as a good, decent, and honourable man.

While acknowledging that Buhari’s record, like all legacies, will be subject to debate, Tinubu insisted that the character he brought to public life, the moral force he carried, and the incorruptible standard he represented will not be forgotten.

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JUST IN: Court Frees 24 IPOB Members After Four Years of Detention

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A high court in Ebonyi State has ordered the release of 24 members of the Indigenous People of Biafra (IPOB) after they were held in detention for four years.

The ruling on Thursday marks a significant development in the ongoing legal proceedings involving the group.

The 24 IPOB members were discharged and acquitted by Justice I. P. Chima of Ebonyi State High Court.

It was gathered that they were among the last batch of the IPOB detainees out of the 36 held since May 4 2020.

Meanwhile, their lawyer and human rights activist, Ifeanyi Ejiofor, confirmed their freedom in a statement titled, “Justice Delayed, But Never Denied.”

According to him, the ruling followed the preliminary objection which highlighted the brazen violation of their fundamental rights: particularly the constitutionally guaranteed protection against double jeopardy, enshrined under Section 36(9) of the 1999 constitution of the Federal Republic of Nigeria (as amended).

Ejiofor said the sacred principle, “autrefois acquit”, stipulates that no person shall be tried again for an offence in respect of which they have previously been acquitted.

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JUST IN: NIMASA closes two terminals in Lagos over ISPS Code violations

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Lagos State officials of the Nigerian Maritime Administration and Safety Agency, NIMASA, have sealed off ShellPlux and TMDK terminals, situated in the Ijegun-Egba area of the state, over repeated violations of the International Ship and Port Facility Security, ISPS, Code.

The action, announced on Thursday by NIMASA’s Head of Public Relations, Osagie Edward, stems from the agency’s responsibility as Nigeria’s designated authority for enforcing the ISPS Code, which was developed under the International Maritime Organisation, IMO, as part of amendments to the SOLAS Convention.

The code is designed to strengthen security protocols for ships and port facilities engaged in international commerce.

Edward stated that the shutdown followed consistent failure by the two terminals to comply with ISPS Code requirements, despite multiple formal warnings issued over time.

“This enforcement action is in line with global maritime security standards and conforms with Section 79(f) of the ISPS Code Implementation Regulations, 2014, which permits the closure of non-compliant facilities that remain in breach for more than three consecutive months,” he stated.

Commenting on the enforcement, NIMASA Director General, Dr Dayo Mobereola, noted that the agency resorted to the measure only after exhausting all other options.

“Our intervention is not punitive but necessary to protect Nigeria’s maritime assets.

As we work closely with the United States Coast Guard to improve Nigeria’s compliance status and remove existing conditions of entry for vessels, lapses like these cannot be ignored,” Mobereola said.

He emphasized that both facilities play vital roles in trade facilitation and would be reopened once they demonstrate full compliance with ISPS standards.

Mobereola also reiterated the commitment of the Minister of Marine and Blue Economy, Adegboyega Oyetola, to ensuring the growth of a secure, efficient, and sustainable maritime environment that supports international trade.

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