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Oando talk on SEC order to Tinubu, others to resign

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Oando Plc said on Friday that it would challenge the Securities and Exchange Commission (SEC) managing on the result of its criminological review. The organization owned the revelation in an expression issued in Lagos by its Head of Corporate Communications, Mrs. Alero Balogun.

Balogun said that the organization would find a way to ensure its business and resources while staying resolved to act in light of a legitimate concern for its investors. “The organization saves the rights to find a way to secure its business and resources while staying resolved to act to the greatest advantage of every one of its investors,” she said.

The News Agency of Nigeria (NAN) reports that SEC on Friday banned Mr. Wale Tinubu, the organization’s Group Chief Executive Officer (GCEO), and Mr. Omamofe Boyo, the Deputy Group Chief Executive Officer (DGCEO), from being executives of an open organization for a long time.

These were results of the legal review of the organization founded by the commission in March 2018. SEC noticed that it designated Deloitte Nigeria to continue with the scientific review. It said that the review uncovered infractions. The commission in an announcement additionally coordinated acquiescence of influenced board individuals and approached the organization to gather an additional customary general gathering at the very latest July 1, to name new executives.

READ ALSO: United States honours Nigerian Islamic cleric for saving Christians from the slaughter

Balogun, in any case, depicted as unverified, the commission’s call for the abdication of influenced board individuals from Oando Plc and gathering of an additional ordinary general meeting at the very latest July 1, 2019, to designate new chiefs. As indicated by her, installment of financial punishments by the organization and influenced people and executives, a discount of inappropriately dispensed compensation by the affected board individuals to the organization were likewise unverified.

Balogun said that the organization’s consideration had been attracted to an announcement issued by the commission on Friday, banning its GCEO and DGCEO from being executives of open organizations for a time of five years.

She said that Oando was of the view that the supposed infractions and punishments were unconfirmed, ultra vires, invalid, and determined to partiality the matter of the organization. “The organization has not been allowed the chance to see, survey and react to the measurable review report as is unfit to learn what discoveries (assuming any) were made in connection to the supposed infractions, and safeguard itself in like manner before the SEC,” she said.

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Buhari approves new appointment

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President Muhammadu Buhari approved the appointment of Captain Musa Nuhu as the new Director-General of the Nigerian Civil Aviation Authority (NCAA).

Latest Nigeria newspaper report that It will replace Captain Muthar Usman. Until his appointment, Nuhu was the Permanent Representative of Nigeria to the International Civil Aviation Organization (ICAO).

He is an airline pilot, security expert, leading quality control auditor, and artificial intelligence expert. Nuhu has a master’s degree. Bachelor of Business in Aviation and was in the Presidential Air Fleet as Captain and security officer.

Latest Nigeria newspaper report that He also worked at Nigeria Airways, Aero Contractors and Petrowest, among other organizations.

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Declare state of emergency on education – CLO tells Gov Emmanuel

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The Civil Liberties Organization, a chapter of the state of Akwa Ibom, has asked Governor Udom Emmanuel to declare a state of emergency in the state’s education sector.

The president of CLO in the state, Franklyn Isong, said this in his office in Uyo, the state capital while informing journalists as part of activities to commemorate World Teachers’ Day with the theme “Young teachers: the future of the profession.”

He said the need became necessary to stop the serious decomposition of infrastructure and insecurity in state public schools.

Isong criticized the content of the education presentation recently organized by the state government, describing it as “urbanized” and not with the intention of capturing the deep crisis that was shaking the sector in the state.

He said: “It is worrisome and sad that most public schools in some communities in Akwa Ibom state are in ruins, insecure and left to the destiny of the communities without government attention.

“All that is needed is for the Governor to take bold steps by declaring a state of emergency in the education sector to build more classroom blocks in rural and urban schools, provide good infrastructure such as science equipment, libraries, laboratories, as well as review the education curriculum to ensure a better and safe future for children in the state of Akwa Ibom. ”

He thanked the state government for tameing the right to basic education of the Akwa Ibom child in free and compulsory education and urged the state government to do what is necessary.

“The right to basic education of all Nigerian children, as enshrined in the Child Rights Act of 2003 in Article 15 (1), had been tamed under the Akwa Ibom State Child Rights Act, to ensure that every child in the State of Akwa Ibom the right to compulsory, free and qualitative basic education. ”

Isong added that; “In the Fundamental Principles and Directives of State Policy, as set out in Chapter 2, Section 13 of the Constitution of the Federal Republic of Nigeria of 1999 (as amended), the government has the responsibility to ensure that the education of Nigerian children be free and qualitative. ”

He also urged the government to address the numerous complaints of delays in the payment of pensions and unpaid tips to relatives of late elementary school teachers with delays in 1991 and to provide an improved social assistance package for teachers in public schools throughout the state.

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We will attack DSTV, MTN, Shoprite, Stanbic IBTC, others if they don’t leave Nigeria – Yoruba youths

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After the xenophobic attacks against Nigerians and Nigerian companies in South Africa, the Oodua Youth Coalition, OYC, has granted South African companies and businesses seven ultimata to leave Nigeria.

Latest Nigeria newspaper report that the group president, Oluyi Akintade Tayo, the refusal of the interested parties to give in to the notice of resignation will mean death.

While expressing disappointment at the attitude of South Africans against Nigerians living and working in South Africa, particularly what they described as the continued silence of the South African government on development, the group emphasized that during the apartheid era, which was the time Difficult of In the rainbow country, Nigeria was firm with them.

The statement says: “Oodua Youth Coalition (OYC), the most crucial youth group in Nigeria that projects and protects the Yoruba nation in the country, is sad and angry because South Africans, with the support of the country’s authorities, are coordinating the looting and burning of Nigerian businesses and mutilations and murders of our brothers and fathers on earth.

“It is unfortunate that South Africa, which under the apartheid regime had the support and solidarity of the Nigerians and the government while the white supremacists reigned supreme, is now turning to inflict physical and psychological pain and injury to the people whose parents committed great harm.” part of wages and profits and the community to end the apartheid reign.

“The circulating video in which Mr. Bongani Mkongi, the Vice Minister of Police of South Africa, defended the attacks against Nigerians and other Africans confirmed our previous fear and doubts about the guilt of the South African authorities. It is disconcerting that the country whose former leader, the late Nelson Mandela, recognized Nigeria’s efforts to elevate the South African-led government, is expelling other Africans, mostly Nigerians, energetically and with shame.

“We have tolerated the excesses of these South Africans whose businesses have prospered in Nigeria without any physical and psychological attack. For months, the coalition has written several letters to the South African consulate in Nigeria requesting meetings to chart a way forward and find a lasting solution for these unfortunate and barbaric incidents that have still been ignored or have run into a brick wall.

“OYC, after an emergency meeting, has concluded plans to, as a matter of urgency, attack all South African companies and facilities in Nigeria, especially in the southwest region of the country. DSTV, MTN, SHOPRITE, STANBIC IBTC, and other outlets are our goals.

“Therefore, we give these South African companies a maximum of seven days to leave Nigeria or forget them, since our coalition, with other groups and comrades throughout the country, will attack them and burn them to ashes,” reads the notice.

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