News
MEDIC Seeks LASG Interventions Over N44m Charity Assets Seized by SOL Beach Management
founded in 2011, MEDIC is recognised globally for its work in tree planting, recycling, and ocean conservation efforts.
The Mental and Environmental Development Initiative for Children (MEDIC), a registered non-governmental organization is calling on the Lagos State Government to help recover its charitable property -a 20-foot recycling container at Elegushi Beach, allegedly seized by Box Mall/SOL Beach management.
In a statement, Ms Doyinsola Ogunye, Founder of MEDIC, lamented that the interventions of the state government including relevant environmental bodies, and law enforcement agencies have become necessary as all efforts to remove the container valued at ₦44,046,500 (as of September 2024) to a new site at Akodo Ise, Ibeju-Lekki, failed.
This includes beautification trees planted by MEDIC at the front of the beach.
According to Ms Ogunye, tensions began in 2024 when the landlord entered a new partnership with SOL Beach by Box Mall without prior notice to relocate its equipment or inform its donors.
The organization stated that despite efforts to cooperate with the new management, conflict arose in early 2025 after Box Mall allegedly demanded that MEDIC remove its 20-foot recycling container — donated by the Nigerian Bottling Company — within three days or risk it being dismantled.
MEDIC’s Board of Trustees subsequently resolved to relocate all assets to a new site at Ibeju-Lekki.
On 31 March 2025, the organisation formally notified Box Mall in writing, requesting supervised access to retrieve its assets.
However, Ohibaba.com learned that the management of Sol Beach By Box, in a letter of acknowledgement dated April 4, 2025, was demanding for rental payments over alleged evacuation delays by MEDIC.
MEDIC, however countered , and said ” There were never agreed timelines for us to remove our assets from the Premises. You have however detained our assets for your personal and business use since you took over possession of the Premises and have refused us access and entry to the Premises to remove our assets.
Sol Beach management, however insisted: ” It is important to note that all previously agreed timelines for the removal of these assets have now expired, yet no action has been taken.
As a result, we must now implement a daily space rental charge of N150,000, effective April 14, 2025, for any assets that remain on-site beyond this date.
To prevent the removal or scrapping of these assets by Sol Beach, we strongly urge you to fulfill your commitment to their removal.”
Meanwhile, founded in 2011, MEDIC is recognised globally for its work in tree planting, recycling, and ocean conservation efforts.
Through its flagship project, The Kids Beach Garden, established in 2015, MEDIC has educated thousands of children, empowered women and youth through green jobs, and implemented tree adoption and coastal restoration programs supported by local and international partners.
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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