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Continue and Sustain my Administration’s Tempo, Buhari Urges Tinubu

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Nigeria’s President-elect, Bola Tinubu has been asked to continue and sustain President Muhammadu Buhari’s administration as he expressed confidence in the incoming President to sustain the tempo of his regime.

While speaking at the Presidential Fleet Review, 2023, at the Naval Dockyard Limited, Victoria Island, Lagos, Buhari said the incoming administration would continue to maintain the relationship he had with the Nigerian Navy by providing necessary support as and when due.

Buhari’s statement reads: “I have no doubt that the incoming administration of President-elect, Bola Ahmed Tinubu, will sustain the current tempo of my administration in giving the Navy necessary support to effectively carry out its assigned tasks”.

Buhari also showered praise on the impressive combat displays by the Nigerian Navy Special Boat Service, alongside a combination of assets from the Nigerian Navy and the Nigerian Air Force.

He said: “I expect this to translate into the actual capability to dominate Nigeria’s maritime environment and secure the vast resources therein for the socio-economic development of our great country.”

On the administration’s efforts in recapitalizing the Navy Fleet in the last seven years, the President listed the acquisition of 20 capital ships for the Navy, comprising offshore patrol vessels, landing ship transports, hydrographic survey vessels, seaward defence boats, helicopters, as well as over 300 inshore patrol vessels and assault craft.

However, Buhari expressed hope that under Tinubu’s leadership, the Navy would continue to acquire new assets, expand shipbuilding for export purposes, promote indigenous production, intensify the fight against piracy, and address issues pertaining to crude oil theft in Nigeria’s maritime domain.

Rounding off, the President wished the Navy well as he leaves office on May 29, 2023.

He said: “My best wishes to our Navy for protecting our maritime domain and the economic prosperity of Nigeria. As I leave office on May 29, I wish you all fair winds. Onward together and God bless the Federal Republic of Nigeria.”

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Senate confirms Oyedele as minister

During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.

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The Senate has confirmed the nomination of Taiwo Oyedele as Minister of State for Finance.

His confirmation comes after two hours of screening as lawmakers grilled him on various aspects of the economy.

Oyedele’s screening followed a motion moved by Opeyemi Bamidele, the Senate leader, after he called for the suspension of the Senate rule to allow strangers to come into the chamber.

During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.

Oyedele was escorted to the chamber by Bashir Lado, the Special Adviser to the President on the National Assembly ( Senate), alongside others.

His screening followed President Bola Tinubu’s letter to the Senate on Tuesday, requesting his confirmation as a minister.

Tinubu had, on March 3, nominated Oyedele, who currently serves as chairman of the presidential committee on fiscal policy and tax reforms, as Minister of State for Finance.

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Tinubu appoints Lamido Yuguda as CBN’s Deputy Governor

Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.

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PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN)

The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.

This was disclosed on Wednesday by the presidential spokesman, Bayo Onanuga.

The President charges Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth.

Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.

He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.

In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.

He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.

He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.

He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.

He retired from the CBN in 2016, after he had served as Director of the Reserve Management Department for six years.

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JUST IN: IGP Disu Assigns Portfolios to New DIGs

DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.

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The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.

Sources said that the DIGs were assigned departments based on their areas of competence.

DIG Zachariah Fera Achinyan has been deployed to Legal Services,

DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.

Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);

DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.

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