Politics
Pius Olanrewaju Sworn-In As CIBN President
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.
Chairman, Policy Manifesto Committee of the African Democratic Congress, ADC, John Odigie-Oyegun, says former president Muhammadu Buhari gave him the shock of his life, six months into his administration as Nigeria’s leader.
Oyegun made this disclosure on Friday when he featured in an interview on Arise Television’s ‘Prime Time’.
He revealed that as National Chairman of the All Progressives Congress, APC, he went to tell Buhari that he was not delivering his election promises to Nigerians but that the late president told him he would not rule with strictness, but rather wanted to show Nigerians that he is a true civilian president.
The former APC National Chairman lamented that it became business as usual, from there.
“I was national chairman of the APC. Six months or less into our assuming office, fairly alarmed, I went to the late President Buhari for a one-on-one talk. I said Mr President, this is not what the people were expecting. They wanted a bit of the old president Buhari.
“And he explained to me, Mr Chairman, I have learned my lesson. I was shocked. And don’t forget at that time, a lot of prominent Nigerians took their holidays abroad, just to be sure and see what this new sheriff in town will be.
“Buhari told me he wants to now show the people that he’s a true civilian president in Agbada. And by the time we finished the conversation, I said Oh God, we are finished. Because, if he’s not ready to be strict, what’s the point?
“Weeks later, months later, years later, I was proven correct. And of course, it became business as usual, only that they are a new set of tenants in Aso Rock. That was a shocker,” he said.
Former lawmaker, Dino Melaye Esq, has raised concerns over the Senate’s reported rejection of the electronic transmission of election results.
The move, according to Melaye, is a clear endorsement of election rigging and an indication of a sinister plan to rig the 2027 elections.
In a statement on Friday, the former lawmaker criticized the Senate’s decision, stating that it undermines the credibility of the electoral process.
The African Democratic Congress, ADC chieftain, also stated that the move opens the door for electoral manipulation and fraud.
He further warned that the rejection of electronic transmission of results is a step backwards for democracy in Nigeria.
Melaye called on lawmakers and citizens to stand up against “this blatant attempt to undermine the will of the people and ensure that future elections are free, fair, and transparent”.
Former Minister of Education, Oby Ezekwesili, has said Nigerians have every reason to be mad at the Senate over the ongoing debate on e-transmission of election results.
Ezekwesili made this known on Friday when she featured in an interview on Arise Television’s ‘Morning Show’ monitored by DAILY POST.
DAILY POST reports that the Senate on Wednesday turned down a proposed change to Clause 60, Subsection 3, of the Electoral Amendment Bill that aimed to compel the electronic transmission of election results.
Reacting to the matter, Ezekwesili said, “The fundamental issue with the review of the Electoral Act is that the Senate retained the INEC 2022 Act, Section 60 Sub 5.
“This section became infamous for the loophole it provided INEC, causing Nigerians to lose trust. Since the law established that it wasn’t mandatory for INEC to transmit electoral results in real-time, there wasn’t much anyone could say.
“Citizens embraced the opportunity to reform the INEC Act, aiming to address ambiguity and discretionary opportunities for INEC. Yet, the Senate handled it with a “let sleeping dogs lie” approach. The citizens have every reason to be as outraged as they currently are.”
How Buhari shocked me 6 months into his administration – Oyegun
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