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Pius Olanrewaju Sworn-In As CIBN President

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Professor Pius Olanrewaju has been sworn in as the 23rd President/Chairman of the Council, Chartered Institute of Bankers of Nigeria (CIBN).

TalkJudith reports that Olanrewaju was sworn in by Justice Owolabi Dabiri at an event held in Lagos on Friday which was chaired by Senior Advocate of Nigeria, Wole Olanipekun.

After the swearing-in, he was decorated with the insignia of office.

In his goodwill message, the Speaker of the House of Representatives, Tajudeen Abbas, who was represented by the chairman, of the House Committee on Banking, Nwachukwu Eze, hailed the immediate past CIBN president, Ken Opara and called on the new leadership of the organisation to embrace technology to boost financial inclusion.

Abbas said, “Today, as you welcome the incoming President and new Chairman of the Council, we also reflect on the challenges and opportunities that lie ahead. The banking sector is constantly evolving, driven by technological advancements, regulatory changes, and shifts in customer behaviour.

“In the face of these types of changes, the CIBN must remain steadfast in its commitment to excellence and innovation. The incoming leadership must embrace new ideas and emerging technologies and foster collaboration within the industry to navigate these challenges and seize the opportunities that lie ahead.

“As we look to the future, we must not lose sight of the importance of financial inclusion and sustainable development. Despite progress has been made in expanding access to financial services. Millions of Nigerians remain on the side or excluded from the formal banking sector.

It is incumbent upon all stakeholders including the CIBN to redouble your efforts to promote financial literacy, expand access to finance, and foster inclusive growth, that leaves no one behind.”
Meanwhile, the Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation, Bello Hassan, called on banking sector players to pay attention to cybersecurity, saying, “In this regard, a deliberate and collaborative approach to cyber risk involving all stakeholders is essential to protect the resilience of the banking system.”
Other elected officeholders include First Vice President, Dele Alake, Second Vice President, Mojisola Bakare-Asieru, and National Treasurer, Peter Ashade.

Olanrewaju was elected on April 6, 2024.

 

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Finland freezes Simon Ekpa’s assets, places him in toughest prison

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Finnish authorities have frozen the assets of Simon Ekpa, the self-proclaimed Biafran agitator.

Ekpa, who is facing allegations of terrorism-related activities, has been detained for several weeks.

Sahara Reporters reports that the Finnish government has also frozen the assets of companies associated with Ekpa and four of his accomplices, who are also in remand.

According to the report, a local newspaper, Yle, confirmed the development, further stating that Ekpa is being held in Kylmäkoski Vankila (Kylmäkoski Prison), which is reputed to be one of the world’s toughest prisons.

Kylmäkoski Prison, a high-security facility, is located in Vanhamaantie, Akaa, Finland.

It is likely that Ekpa may spend the Christmas and New Year holidays in detention, given the stance taken by Finnish authorities.

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Imo Govt, Afrexim Bank perform ground breaking of African Quality Assurance Centre

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GOVERNMENT OF IMO STATE

PRESS RELEASE

Imo Govt, Afrexim Bank perform ground breaking of African Quality Assurance Centre

Imo State government and officials of the Africa Export-Import Bank(Afrexim Bank) have laid the foundation of the building of African Quality Assurance Centre located on Sam Mbakwe International Cargo Airport Road, Ngor Okpala, Imo State.

The ground breaking ceremony weekend, was performed by officials of Imo State Government and those of the Afrexim Bank led by their Manager Export Development, Mr. Amr Ali.

Speaking during the brief, but critical ceremony, Governor Hope Uzodimma who was represented by his Commissioner for Industries, Mines and Solid Minerals, Hon. Earnest Ibejiako, described the facility as “a unique and important institution that will not only encourage the production of goods by industries, but will also remove trade barriers in the global market, as it affects Nigeria and Africa in general.”

He said the Centre will test products for export from the region in particular and country in general, ensuring they certify international standard requirements, adding that “it will encourage capacity building of industries in Nigeria, as it is only the second of the Centre in the country.”

The Commissioner added: “With the presence of the Centre in the State, industrialists who wish to produce for the international market will be trooping to establish their industry in the State, since it will be easy for them to test their products and be able to export and import.”

He applauded Governor Uzodimma’s efforts in attracting the Centre to the South East and Imo State in particular, adding that, “it is in line with the Governor’s passion to make the region an industrial hub of Nigeria and West Africa at large.”

Ibejioko however advised indigenes of the host community to “support the project, cooperate with the construction company and ensure there is no security threat to both workers and their materials.”

Earlier in his remarks, the Manager, Export Development of Afrexim Bank, Mr. Amr Ali
said, in line with its mandate, Afrexim Bank has introduced African Quality Assurance Centre initiative, to address non tariff barriers to African trade.

He said the Centre will “offer testing, inspection and certification services for made in Africa products.”

Ali also noted that the Centre will ensure that African goods meet best international standards, enabling them to compete effectively in the global market.

He added: “The facility in Imo State is a significant step towards vision, as it will offer critical quality assessment services.”

Ali maintained that the Centre’s services will address the pressing need for quality assurance assessment in the Oil and Gas Sector.

“A study revealed that Imo State is strategically positioned for the project, because of the increase of Oil and Gas activities and proximity to resource regions,” Ali explained.

The Afrexim Bank representative further said that the Centre located in Imo State will bridge the gap of sending oil and gas and other products for export from Nigeria abroad for quality assurance tests.

He therefore solicited the support of the government and people of Imo State to bring the project to fruition, observing that “the current administration’s commitment to fostering development and innovation is commendable.”

The event was witnessed by the Governor’s Chief Political Adviser/ Head of Political Adviser, Barr. Enyinaya Onuegbu, the Chief Technical Advisor to the Governor, Dr. Bola Adigun, the General Manager, Owerri Capital Development Authority (OCDA), Mr. Nzewodo Nkemakolam, the General Manager Imo State Orientation Agency (IMSOA), Dr. Ethelbert Okere, among others.

Oguwike Nwachuku
Chief Press Secretary and Media Adviser to the Governor
December 14, 2024.

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PDP Backs Wike: Says ‘He Has Always Been There for Us’

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Ekwutosblog has gathered that the Peoples Democratic Party (PDP) has reiterated its strong support for Nyesom Wike, the Minister of the Federal Capital Territory, commending his loyalty and contributions to the party.

At a book launch held in Wike’s honour, the Deputy National Chairman (South) of the PDP, Taofeek Arapaja, emphasized that despite internal party challenges, including members with an “entitlement mentality,” Wike continues to earn admiration and respect. Arapaja described Wike as one of the most devoted and loyal leaders the party has ever had.

He stated: “Our mentor and principal, who has never left the PDP for a day, is one of the most committed and loyal party leaders we have ever had. He has done well, he is doing well, and we wish him well in all his future endeavours.”

Arapaja praised Wike’s steadfast advocacy for equity, justice, and fairness, highlighting his leadership role in the G5 group and his consistent support for fellow party members. He contrasted this with some leaders who only engage with the party when seeking help, affirming Wike’s integrity and dedication.

“We know you, and we always love and appreciate you. Some people believe in entitlement mentality, but we will always stand by you because you are a man of integrity, honour, and a performer,” Arapaja remarked.

The PDP official also responded to recent criticisms made by Senate President Godswill Akpabio about the party. Arapaja expressed disappointment in Akpabio’s negative remarks, pointing out that the Senate President, who was previously Governor of Akwa Ibom State under the PDP, owes much of his political career to the party.

“The foundation of all political parties is the PDP. I am surprised when someone who is a product of the PDP speaks negatively about it,” he said.

Arapaja further acknowledged Akpabio’s performance as governor under the PDP, noting, “Nobody can dispute the fact that the present Senate President Godswill Akpabio about the party. Arapaja expressed disappointment in Akpabio’s negative remarks, pointing out that the Senate President, who was previously Governor of Akwa Ibom State under the PDP, owes much of his political career to the party.

“The foundation of all political parties is the PDP. I am surprised when someone who is a product of the PDP speaks negatively about it,” he said.

Arapaja further acknowledged Akpabio’s performance as governor under the PDP, noting, “Nobody can dispute the fact that the present Senate President performed during his tenure as governor under the PDP.”

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