Business

Dele Oye Tasks OPS “Don’t Leave Nigeria Economy’s Matters To Politicians”

Published

3 years ago

June 12, 2023

448 Views

The newly elected President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture ( NACCIMA), Otunba Dele Kelvin Oye, has enjoined the Organised Private Sector not to leave the running of the country’s economy solely in the hands of politicians.

Dele Oye who was decorated as the 16th President of the Association, made the call during the inauguration ceremony at Ado Ekiti, Ekiti State.

He takes over from the former President- Ide John Udeagbala.

He said that his tenure would see NACCIMA partnering with the federal government to enhance the country’s economy.

“The Organised Private Sector ( OPS) members will no longer leave the country’s politicians with the economy; the country’s businessmen are also major stakeholders in the country’s economic matters,” he said.

The NACCIMA new boss promised that he wouldn’t used his new position to enriched himself, instead he will use his experience, funds and contacts to take his association to greater level, adding that he sees opportunity of service to people as an avenue to support the institution and it’s objective further.

Also, he promised that he will use his tenure to mentor and support women and youths businesses, adding that young Nigerian youths have been bringing revenues and fame to Nigeria than what an oil company could.
In his speech, the former president of the body, Udeagbala called on NACCIMA members to accord his successor the supports he needed to succeed in his new role.

Udeagbala said that has handed over the baton of leadership to Oye very happily and the caliber of the person assuming the leadership.

Related Topics:Dele Oye Nigeria Economy OPS

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Naira Exchange Rates Friday, 3 July 2026

Published

8 hours ago

July 3, 2026

OCHEFA

20 Views

BLACK MARKET RATES

US DOLLAR (USD) Buy ₦1, 397 Sell ₦1,405

GREAT BRITISH POUND (GBP) Buy ₦1,850 Sell: ₦1,865

EURO (EUR) Buy ₦1, 580 Sell ₦1,600

CANADIAN DOLLAR (CAD) Buy ₦1,030 Sell ₦1,100

SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90

UAE DIRHAM Buy ₦350 Sell ₦370

CHINESE YUAN Buy ₦180 Sell ₦200

GHANA CEDI (GHS) Buy ₦95 Sell ₦110

WEST AFRICAN CFA Buy ₦2, 380 Sell ₦2, 460

CENTRAL AFRICAN CFA Buy ₦2, 220 Sell 2,300

AUSTRALIAN DOLLAR Buy ₦800 Sell ₦900

CBN OFFICIAL EXCHANGE RATES

US DOLLAR (USD) ₦1,370.15

GREAT BRITISH POUND (GBP) ₦1,832.17

EURO (EUR) ₦1,568.28

SWISS FRANC (CHF) ₦1,1705.44

JAPANESE YEN (JPN) ₦8. 51

CHINESE YUAN (CNY) ₦201. 80

WEST AFRICAN CFA (XOF) ₦2.38

WEST AFRICAN UNIT ACCOUNT (WAUA) ₦1,859. 98

SAUDI RIYAL (SAR) ₦364.91

SOUTH AFRICAN RAND (ZAR) ₦84. 32

Business

Issue: Cloning Nigerian Investment Promotion Commission (NIPC)

Published

1 day ago

July 2, 2026

OCHEFA

44 Views

The Presidency says the bodies allegedly used by Adeyemi—including the so-called Presidential Economic Advisory Council, Presidential Foreign Investment Promotion Council, and Presidential Foreign Intervention Promotion Council—do not exist as government agencies.

The Presidency says a man identified as Prince Adeniyi Adeyemi Matthew allegedly created and operated fake government agencies, forged appointment letters, and falsely claimed to have been appointed by Femi Gbajabiamila.
According to the statement:
The Office of the Chief of Staff discovered the alleged scheme after complaints from the Nigerian Investment Promotion Commission (NIPC) that an unauthorized body was operating in a way that conflicted with its functions.

The Chief of Staff petitioned the Department of State Services and the Nigeria Police Force in October 2025 to investigate alleged forged appointment letters.

The Presidency says the bodies allegedly used by Adeyemi—including the so-called Presidential Economic Advisory Council, Presidential Foreign Investment Promotion Council, and Presidential Foreign Intervention Promotion Council—do not exist as government agencies.

Investigators allege Adeyemi operated from an office in the Federal Secretariat Complex, held meetings with diplomats, and sought diplomatic support to obtain U.S. visas for members of the alleged organization.
Police reportedly recovered forged documents and other exhibits during searches of his office and residence.

The investigation allegedly found that Adeyemi operated 34 bank accounts, including several in the names of fictitious organizations, and used forged documents to open a Central Bank of Nigeria account.

The Presidency says no government funds were paid into that account.
Police charged Adeyemi and two others before the Federal High Court on multiple counts, including forgery, impersonation, and obtaining by false pretence. The case is scheduled for hearing on July 27.

The Presidency also denied claims that Gbajabiamila appointed Adeyemi, stating that appointments to federal offices are issued through the Office of the Secretary to the Government of the Federation, not the Office of the Chief of Staff.

Current status

The Presidency maintains that:
the agencies in question are fictitious,
the appointment letter was forged,
Adeyemi is an impostor,
and the allegations against him should be resolved by the court.

As the case is pending before the court, the allegations remain subject to judicial determination.