News
JUST IN: Adebutu Applauds President Tinubu, Judiciary on LGs Autonomy Matters
The 2023 governorship candidate of the People’s Democratic Party (PDP) in Ogun State, Hon. Ladi Adebutu, has applauded President Bola Tinubu, and the judiciary for their positions on financial autonomy of local governments.
Adebutu gave the kudos after he regained freedom from the Department of State Services (DSS), early morning today.
Adebutu was invited and detained on Monday in respect of his alleged involvement in some security breaches at Iperu, Ikenne local government area of the state, during last Saturday’s local government election in the state.
In a statement Hon. Adebutu personally signed, titled “My experience and release from the DSS,” the former lawmaker stated that his resolve to see an independent local government through financial autonomy remain sacrosanct.
He said: “At about 7am, Tuesday, 19th November, 2024, I was released by the Department of State Services (DSS) in Abeokuta following an invitation to answer to various spurious accusations all arising from the November 16 Local Government election in Ogun State.
“Very sadly, the allegations were so baseless that it became clear that their purpose was to silence me as a voice of the opposition.
My contention that those elections were not free and fair is my fundamental right to free speech and free thought.
My thinking that the Local Government should have financial autonomy that can only be enforced by free and fair elections is germane to our development. Mr President, Senator Bola Ahmed Tinubu, GCFR, shares the same view as mine which shows it is not a partisan position but a nationalistic one.
“However, because of the particular situation of Ogun State over the last five years, which I shall publish shortly, desperation has set in to emasculate the third tier of government completely; this is the struggle for our development.
” My thinking that the Local Government should have financial autonomy that can only be enforced by free and fair elections is germane to our development.
Mr President, Senator Bola Ahmed Tinubu, shares the same view as mine which shows it is not a partisan position but a nationalistic one.
“However, because of the particular situation of Ogun State over the last five years, which I shall publish shortly, desperation has set in to emasculate the third tier of government completely; this is the struggle for our development.
“I seize this opportunity to appreciate our institutions as they gradually continue to grow.
I must say I am pleasantly surprised at the professionalism and fairness the Department of State Services has treated this matter till date, particularly during my stay in their office.
I also acknowledge the judiciary for the forthright judgment we were able to obtain from the Ogun State High Court on Friday, 15th November, 2024, in suit AB/784/2024, a suit filed for the purpose of excluding the Peoples Democratic Party from participating in the Local Government elections.
I thank all stakeholders, well wishers and for that matter non-well wishers, because together, we must move the narration forward and arrive at good governance,” he said.
News
Senate confirms Oyedele as minister
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
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.
News
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.
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.
News
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.
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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