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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.

 

Politics

Rivers Speaker, 15 Other Assembly Members Dump PDP For APC

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Martin Amaewhule, Speaker of the Rivers State House of Assembly, has defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).

Tori News reports Amaewhule defected along with 15 other members of the House on Friday.

Amaewhule said the defection is due to clear division in the PDP.

Recall that President Bola Tinubu declared a state of emergency in the state earlier this year in March, suspending the Governor, Sim Fubara and his Deputy alongside members of the State Assembly.

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Insecurity: Bode George intensifies call for state police

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A chieftain of the Peoples Democratic Party, PDP, Bode George, has intensified his call for the establishment of state police to contain the wave of insecurity in Nigeria.

George made this call on Friday when he appeared during an interview on Arise Television monitored by Ekwutosblog.

He was reacting to the worsening insecurity situation in the country where innocent Nigerians, including women and schoolchildren are kidnapped and others killed in the process.

“First of all, what is wrong with establishing state police? We have seen nobody is going to cancel the Federal Police, but policing is local.

“When you now turn the boys who live in the same area and legalize their existence to put smiles on the faces of the people, it will be better to manage because they will understand the language of the locals. They know the do’s and don’ts in their own area. So why are we wasting time?

“I am happy I read something last week after the Arewa Consultative meeting in the North. They met and took a decision that they have agreed to a state police.

“Then the Southwest met with their governors, and the governors’ statement made after that conference is that they also accept having state police.

“What are we wasting time for? Because the way it is, you don’t even know who is telling the truth or who is telling the lie,” he said.

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I’m still in PDP – Wike replies Turaki, dismisses expulsion

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Minister of the Federal Capital Territory, FCT, Nyesom Wike, on Friday declared that he’s still a member of the Peoples Democratic Party, PDP.

Wike’s comment followed his expulsion from the party by the faction led by National Chairman, Kabiru Turaki.

Turaki had formally dispatched expulsion certificates to 11 prominent party chieftains, including Wike, former Ekiti State governor, Ayodele Fayose, Senator Samuel Anyanwu, Umaru Bature, Kamarudeen Ajibade, SAN, Abdurahman Muhammad Senator Mao Ohuabunwa.

He said their expulsion was aimed at sanitising the party ahead of the 2027 elections.

Reacting to the development on Friday, Wike dismissed the claim while assuring that he would continue to work with other party members in making PDP a relevant opposition party.

The minister spoke while addressing journalists after inspecting the Interchange bridge and road linking Gwarinpa with Jahi and direct to Katampe, Gishiri and Maitama.

He said, “Those that are factionalized are bound to leave the party, I’m still in PDP and you can see that not everybody has left.

“We still have good numbers and we will continue to work together and that’s what I have said to the party. Put your house in order because at the end of the day, if you don’t put your house in order, it’s the party that is losing.

“So those who are worried, we can work together to see how the party can remain a relevant opposition.”

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