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Media Sustainability/Professionalism: NGE To Launch Trust Fund

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In line with the resolution of the All Nigeria Editors Conference (ANEC), recently held in Uyo, Akwa Ibom State, the Nigerian Guild of Editors (NGE) plans to launch Nigerian Editors Trust Fund, which is designed to address the professional/welfare needs of media houses and editors in Nigeria.

At the ANEC in Akwa Ibom State, publishers, media executives and editors harped on the urgent need by the Guild to initiate strategic move that will focus on the professional/welfare needs of media houses and editors in Nigeria – as part of several efforts to help them to continue to discharge their constitutional and social responsibility to the society without necessarily compromising their ethical standards.

In a statement issued on Monday by the President of the NGE, Mr Eze Anaba and the General Secretary, Dr Iyobosa Uwugiaren, the professional body of editors and media executives, stated that the initiative is a response to the increasing professional/welfare challenges faced by the highest echelon of Nigerian journalists in performing their duties.

‘’The trust fund, which is expected to be launched in the first quarters of 2024, will also address the daunting economic challenges that the media executives and editors are faced with during and after office. The fund will benefit the Guild’s members in the print, electronic and online media.

‘’The trust fund will be a collaborative effort among all the stakeholders in the media sector, including the public sector – aimed at addressing key challenges that affect the professionals, who are the ultimate gatekeepers in their media organisations’’, the Guild added.

The Guild, at its annual conference in Uyo, Akwa Ibom State recently, set up a committee headed by its Vice-President (East), Mr. Sheddy Ozoene, to liaise with media stakeholders and coordinate the launching of the outfit in the first quarter of next year.

According to the statement, ‘’The trust fund will create the much-desired impact in the journalism profession in the country as the editors and media executives will be exposed to empowerment programms and innovations in the media industry, retraining and networking opportunities with colleagues from around the world.’’

The Guild added that the trust fund, which will be managed by trustees made up of eminent personalities from within and outside the media, will be a fallback cushion for media executives and editors in critical situations, and a source of addressing their welfare needs as well as funding for key media projects that will impact Nigeria’s democracy, good governance and national development.

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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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