Tag: board

  • FIFA disowns new NFF board

    FIFA disowns new NFF board

    • Gives Giwa till Sept. 1 to vacate Glasshouse

    World football governing body, FIFA has refused to recognise Tuesday’s election of the Nigeria Football Federation (NFF) which ushered in Chris Giwa as president and members of its executive committee.

    In response, it has given the committee a September 1 deadline which expires at midnight to quit the Glasshouse or else appropriate action which could lead to another suspension will be taken.

    FIFA expressed sadness that despite the assurances, the planned general assembly that was billed to hold on Tuesday was disrupted owing to the arrest and detention of NFF President, Aminu Maigari by operatives of the state security service.

    All these, were communicated to NFF’s general secretary, Musa Amadu via mail by FIFA general secretary Jerome Valcke on August 29.

    A copy of the letter was made available to the press on Friday.

    It states that “As a consequence, we will not recognise the outcome of the above mentioned elections and should there still be persons claiming to have been elected and occupying the NFF offices at midnight on Monday, September 1, 2014, we will bring the case to the appropriate FIFA body for sanctions, which may include the suspension of Nigeria.

    The general assembly was summoned to design a roadmap for the forthcoming elections billed for September 4 that has FIFA’s approval.

    Consequently, it has also frowned at the role being played by the sports ministry.

    Finally, we have learnt that the persons who claim to have been elected during the so-called ‘elective general assembly’ have come to the NFF offices claiming to be the legitimate president and members of the NFF. It also appears that the Ministry of Sports has recognised them.

    On July 18, FIFA lifted its suspension on Nigeria following the latter’s withdrawal of a court order served on the NFF board.  The direct consequence of a ban would see Nigeria forfeit its Africa Cup of Nations qualifiying matches against Congo Brazaville and South Africa next month.

  • Largest LED board unveiled

    The Optimum Exposures, an outdoor advertising agency, has unveiled a billboard described as the largest free standing LED Board in sub-Sahara Africa, measuring 42m by 12m.

    The billboard was the outcome  of the company’s penchant for trend setting innovations.

    Targeted at premium brands, the Managing Director, Bayo Adio, said this informed the decision to invest huge resources in the LED billboard.

    He added that the board was a result of the need to place the industry on the same pedestal in terms of global best practices thereby offering brands unrivaled out of home platform to showcase their brands.

    Adio, at a briefing in Lagos, said the board was an investment that keeps the firm and brands on display ahead of competition.

    “The iconic digital billboard located on the Adeniji Adele access route was a product of our  penchant for innovation as a way to stay ahead of competition. Of course being a premium billboard it does not come cheap, huge resources was invested in it which is why it is targeted at premium brands,” he said.

    The digital billboard, according to him, is though relatively new in the country, it has the potentials to arrest the decline in advertising spending, adding that opportunities available for out of home advertising is on the increase with the introduction of digital billboard to the local industry.

    The Head of Marketing, Optimum Exposures, Bob Ononuju, said the bilboard is the best in quality.

    He added that it was custom-built for the site by leading digital billboard manufacturer, Daktronics, United States.

    Adio refuted claims that a digital billboard was a distraction to road users, noting that a fifth study on national and local roads in the United States has exonerated digital billboards. He stressed that it has helped to further illuminate and beautify the environment the more.

    “Digital billboard does not cause road accidents and this has been proven and documented. In fact, a fifth survey conducted on local and national roads in the United States clearly showed so. Rather, it beautifies the environment,” he said.

    Ononuju explained that it comes with Intelligent Device Management (IDM) system, which allows  engineers to detect and correct errors.

    He added that besides that the board regulates itself during hot weathers – its fully tropicalised for Nigeria, as such it does not require air-conditioning like other LEDs.

    “Our iconic billboard comes with a handful of unique features which helps to further project the brands on it.  It comes with Intelligent Device Management (IDM) which helps to swiftly detect errors so that our back end people can promptly fix it.

    “Besides, it comes with Dynamic display, Social media integration – Twitter/scrolling messages, time and temperature It regulates itself in line with the prevailing weather.” Ononuju added.

  • VC launches disciplinary board

    The Vice Chancellor, University of Lagos (UNILAG), Prof Rahamon Bello, has inaugurated an eight-member Student Disciplinary Board to assist the university to address disciplinary issues.

    He noted that the board would administer the laws governing students on campus on behalf of the management and senate.

    Bello noted that the university has witnessed an increase in indiscipline on campus to the extent that external security agents have attempted to arrest erring students.

    He said an environment without discipline encourages total breakdown of law and order and that the university management cannot afford to fold its arms and look on while students take the laws into their hands.

    The board, chaired by Prof E. O. Omolehunwa of the Department of Accounting, has Mr. O.A. Omotola of the Students’ Affairs Division as the secretary.

    Other members include: Prof A. Atsenuwa (Department of Public Law); Prof O.A. Falaiye (Philosophy); Prof J. Okpuzor (Cell Biology & Genetics); Dr. G.A. Ayoola (Pharmaceutical Chemistry); Dr. S.A. Oladipo (Educational Administration), and Abdul Adefolarin, a student of the Department of Insurance, who will represent the students.

  • Maigari’s NFF board set to be reinstated

    Maigari’s NFF board set to be reinstated

    Nigeria’s sports minister, Tammy Danagogo will today receive the report of the Nigerian delegation that spoke with FIFA in Brazil about lifting the suspension placed on Nigeria by world football’s governing body.

    The delegation returned to Nigeria yesterday and is expected to submit the report of their meeting with the FIFA emergency committee today to the sports minister.

    There is no official confirmation on the outcome of their meeting with the FIFA top-shots, but top sources have informed SL10 that the issues will be resolved today – albeit temporarily.

    The Plateau State High Court which ousted the Maigari-led board of the Nigeria football Federation (NFF) failed to sit on Friday as earlier scheduled due to an industrial strike action called by state high courts in the country, but is expected to sit today for the suit filed by Mrs. Ebiakpo Rumson-Baribote against the Nigeria football federation to be heard.

    Sources, however, informed SL10 that negotiations were already underway with Mrs. Baribote, whose husband, Victor Rumson-Baribote is serving a fifteen-year ban imposed by the embattled board of the NFF, to withdraw the suit.

    “Mrs. Baribote has agreed to withdraw the suit, but is asking for the 15-year ban on her husband to be lifted, and for him to be reinstated as second vice president of the NFF,” one source tells SL10.

    “The suit will most likely be withdrawn on Monday (today), and (Aminu) Maigari and his board will be reinstated but that will not be the end. This move is only to comply with FIFA’s directive, and get the suspension lifted,” another source told SL10.

    It was gathered that FIFA were shocked at the corruption accusations and documents presented against the Maigari-led board by the Nigerian delegation but informed the delegates that the NFF board still had to be reinstated for the suspension to be lifted. FIFA is said to have also told the delegates that once reinstated, the board can then be removed ‘in a proper manner.’

    Nigeria has got until tomorrow to comply with FIFA’s directive, or else will miss out on the FIFA women’s Under 20 World Cup set for Canada from August 5.

  • Board praises outgone provost

    The Academic Board of Adeyemi College of Education, Ondo, Ondo State has held a special academic board session in honor of the immediate past Provost, Prof Adeyemi Idowu.

    The session, held at the S.K. Babalola Conference Centre, according to the Registrar of the College, Mr. Felix Aderinboye, has the council’s mandate to hold the session dedicated to the outgone provost.

    The acting Provost, Dr. Olufemi Olajuyigbe described the event as a privilege from God. He thanked God for keeping the outgone Provost for the eight-year period of his tenure.

    Speaking on behalf of the deans, the Dean, School of Education, Dr. Mrs. Oyenike Oyinloye, described the Provost as someone, who has impacted the college in all areas including improvement in academic programmes, infrastructural development with excellent human relations.

    In his tribute, the Head of Department, English Language, Mr. Gbenga Dare said Prof Idowu came at a time when the college was getting out of its troubles.

  • Governance audit: Ecobank to reconstitute board, Memart

    Governance audit: Ecobank to reconstitute board, Memart

    Ecobank Transnational Incorporated (ETI) Plc plans to reshuffle its board and amend its articles of association as part of extensive review of its corporate governance framework.

    Securities and Exchange Commission (SEC) had advised ETI to undertake comprehensive overhaul of its corporate governance after an investigative corporate governance audit by the apex capital market regulator identified worrisome gaps in corporate governance at ETI.

    SEC had stated that ETI needs to develop a one-year remedial plan with specific measures to address the specific governance gaps. ETI will also need to convene an extraordinary general meeting of shareholders to pass major resolutions on several proposals relating to these.

    The board of ETI at the weekend indicated that shareholders would meet next month to deliberate and adopt the action plan to implement the recommendations of SEC.

    According to regulatory filing made available at the weekend, the extraordinary meeting will reconstitute the board of directors of the financial services-holding company and also made major amendments to the company’s articles of association with regards to the number, tenure and meeting of directors.

    Specifically, the meeting will amend the articles of association to reduce the maximum size of the board of directors, set limitation of the tenure of directors and revise the quorum for meetings of the board of directors.

    Besides, the company is expected to include in its articles of association provisions on mergers, acquisitions and disposals.

    Shareholders are also expected to adopt a new resolution on capital raising as the company seeks to consolidate its pan-Africa operations.

    Meanwhile, the Nigerian stock market rode on a topsy-turvy market situation to close last week with a week-on-week average gain of 0.50 per cent. With 46 gainers to 39 losers, the main index at the Nigerian Stock Exchange (NSE)-the All Share Index (ASI), rose slightly from the week’s index-on-board of 40,571.62 points to close at 40,773.50 points.

    Aggregate market value of all quoted equities, which had opened the week at N13.005 trillion, closed at the weekend at N13.070 trillion. The performance of the market was boosted by modest gains in the insurance and oil and gas sectors as well as select highly capitalised stocks. The NSE 30 Index, which tracks the 30 most capitalised stocks on the NSE, recorded a marginal week-on-week gain of 0.03 per cent. The NSE Insurance Index also rallied 2.32 per cent while NSE Oil and Gas Index recorded the highest gain of 7.0 per cent.

    However, the NSE Consumer Goods Index indicated a drop of 0.35 per cent. The NSE Banking Index slipped by 1.64 per cent while the NSE Industrial Goods Index declined by 0.38 per cent.

     

  • Council faults CBN board composition

    Council faults CBN board composition

    The Financial Reporting Council (FRC) has faulted the Central Bank of Nigeria (CBN) Board composition, saying it breaches international corporate governance principles.

    Speaking at a media retreat in Lagos, Managing Director, FRC, Jim Obazee said the new corporate governance code to be launched in February next year would also look at the composition of the CBN board to seek its review.

    Obazee, who spoke on the theme: The role of FRC in promoting investors’ confidence in Nigeria, said the CBN Governing Board cannot stand because it violates the international corporate governance code. The FRC boss said the CBN Governor is the Chairman of the Board, and is also the Chief Executive Officer of the bank. Faulting this arrangement, he said there was need to separate those powers.

    The FRC, formerly the Nigerian Accounting Standards Board (NASB), is an organisation charged with setting accounting standards in Nigeria. The NASB was established in 1982 as a private sector initiative associated with the Institute of Chartered Accountants of Nigeria (ICAN). NASB became a government agency in 1992, reporting to the Federal Minister of Commerce.

    The NASB Act of 2003 provided the legal framework under which the body set accounting standards.

    FRC membership includes representatives of the government and other interest groups. Both the ICAN and the Association of National Accountants of Nigeria (ANAN) nominate two members to the board.

    Obazee explained that part of FRC role in the coming year would be to carry out audit in banks and other publicly quoted companies. He said there is urgent need to check what the internal auditors are doing at all times.

    “We are to look at who is checking the checker (internal auditors). This will be done through the external auditors, but there are international audit control rules that will be followed,” he said.

    “The FRC shall commence audit quality inspections. It should be noted that the FRC is seeking membership of the International Forum of Independent Audit Regulators (IFIAR). This will be a booster to the capacity of the Council to monitor audit quality,” he said.

    He said the body is convinced that the national Code of Corporate governance will be operational in the first quarters of 2014, adding that this will also strengthen compliance with Section 44 (3) of the FRC Act and enhance the inflow of Foreign Direct Investment and steer greater interest from local investors.

    He explained that the FRC is a unified independent regulatory body for accounting, auditing, actuarial, valuation and corporate governance practices in public and private sectors of the Nigerian economy.

    The body, he said, is also to address institutional weaknesses in regulation, compliance and enforcement of standards and the development of robust arrangements for monitoring and enforcing compliance with financial reporting standards in the country.

    He said the implementation of the FRC Act is expected to lead to increased management credibility, more long-term investments, lower cost of capital, improved access to new capital and higher share values.

    “For investors and lenders, better disclosure provides more relevant information for making sound investment decisions and risk assessment respectively. This is especially so because merchants do not have a country,” he said.

    Obazee said the FRC is carrying out International Financial Reporting Standards readiness test for entities in the second phase for other public interest entities including not-for-profit organisation.

     

     

  • Imo Library Board row over planned relocation

    The plan to relocate the over 60-year old Imo State Library Board from Government House, its present location by the Imo State Governor, Rochas Okorocha has provoked criticism by staff of the board and relevant organisations.

    At present, it appears a cold war is brewing between the government and the state chapter of the Non Academic Staff Union (NASU) OF Education and Allied Institutions over the planned relocation of the board to new Owerri, about five kilometres away its present abode.

    The State Chairman of the Union (NASU) Nze Obinna Okafor who addressed reporters on the development, said although the union is not opposed to government’s plan, but its rather irked that its new abode is an obscure uncompleted structure that is not conducive for reading.

    He alleged that the government is busy demolishing the already existing one that when other states are building e-libraries,

    Nze Okafor also feared that the physically challenged persons would be the worst hit if the relocation comes to life.

    Nzeh Okafor, who is also the state Deputy Chairman, Nigeria Labour Congress (NLC), added that NASU is angry that government is going ahead with its action without any form of consultation or dialogue, and despite the state House of Assembly that also halted the idea.

    Nze Okafor said: “While we are not averse to the proposed relocation of this state library which is a public institution, we are embarrassed that it is being moved to an obscure area worse than where it situated with no chairs, windows, doors, and prone to vandalisation by hoodlums.”

    He added that though the union could declare a strike to frustrate government’s plan, it is opening its door to dialogue with the government to find a lasting solution to the problem.

     

  • To the drawing board

    Preamble

    In a deeply thoughtful poetic out stanza, an Arab poet coined some philosophical wordings that have since remained axiomatic by all standards for people who can reason and draw the best lesson from the advantages of their reasoning. The wordings partly go thus:

    “We persistently blame our era for the calamities afflicting us when the only blame ascribable to our era is actually our own misdemeanour…….”
    Prompted by the news of another massacre last Sunday allegedly committed by the vandals called Boko Haram inside a Mosque in Kondoga, Borno State, where 44 civilians were reportedly killed in cold blood and yet another attack on the security forces in Bama leading to the death of 12 soldiers and seven policemen, this column, (The Message) quickly dusted its archive once again in search of facts about the wreath of thorns that littered our way to this stage of our common journey as a nation. And no document came more handy than a lecture delivered by His Eminence, Dr. Muhammad Sa‘ad Abubakar, the Sultan of Sokoto at Harvard University, the United States on October 3, 2011.
    The title of the 33-page lecture which had once been fully analysed in this column under the topic ‘A voice from Harvard’ was ‘Islam and Peace Building in West Africa’. In that lecture, His Eminence enumerated the causes and effects of violent crises in the West African sub region with particular reference to Nigeria. He blamed such crises on three major issues: (1) political struggle for supremacy between the elite and the poor masses (2) bad governance on the part of the ruling class and (3) primordial ethno-religious sentiments. The most prominent of these three issues according to him is bad governance which engenders corruption, joblessness, poverty, exploitation, suspicion and general bitterness in the land.

    Observation

    Looking at the situation of Nigeria as a nation abundantly blessed with enormous wealth, one will surely find a puzzling irony in the fact that some citizens of such a nation can be paid a paltry sum of N5000 by some agents of Satan to kill innocent people mercilessly and burn their property with impunity as in the case of Boko Haram. Also, the abysmal level of penury and squalor in the land seems to be a sharp contradiction of what Nigeria ought to be as against what she currently is vis a vis her wealth especially as the so-called ruling class lives in extravagant affluence while the masses live in abject poverty. There are many questions on this hopeless situation to which His Eminence’s lecture had proffered solution since 2011. The summary of the lecture is that no smoke can be found where there is no fire. However, while the Federal Government and its agencies focus on the effect of violence, His Eminence believes that it is only by tracing the root cause of our calamities that we can find a permanent solution to them.

    Excerpts from the lecture

    “….Many people (outside our country) consider Nigeria as a theatre of absurd conflicts and interminable crises.  They may be justified in holding this view; with the Jos crises festering for years, with post-election violence and suicide – bombings, it is difficult to think otherwise.  When we consider Nigeria’s population of about 150 million, half the population of West Africa; its over 250 ethnic and language groups; its regional and geo-political configurations; its landmass and its diversity in religion and culture; we may be constrained to reach a different conclusion.  Nigeria may, after all, be a paragon of stability which, as God Almighty has willed, shall undergo all the trials allotted it early enough in its national history”.
    “But in all fairness, systemic ethno-political and religious crises, like the ones we have witnessed in recent years, do not have a long history in Nigeria.  They all began in the late 1980s, following the intense competition for power and influence especially among the western educated elite; the Kafanchan crisis of 1987, in Southern Kaduna, was quickly followed by the Zangon Kataf and other crises; all in the same vicinity.  The democratic dispensation, which began in 1999 also came with its set of problems, the most visible being the Shari’ah Crisis and the First Jos Crisis which led to the declaration of state of emergency in Plateau State”.
    But these crises, varied as they were, reveal the multi-dimensional nature of Nigeria as a political entity. We witness the primacy of politics in almost all these conflicts.  In the struggle for power and political supremacy, politicians exercise no restraint in aggravating the socio-religious and ethnic cleavages, which characterize the geo-politics of the Nigerian state.  It should not be forgotten that the Second Jos Crisis of November 2008 was also ignited by a botched Chairmanship election in Jos North Local Government”.

    Second Dimension

    “The second dimension to these crises, especially in Kaduna and Plateau States, is the indigene/settler dichotomy, which is yet to be addressed properly by the Nigerian State.  Many ethnic groups in these conflict areas see the other ethnic groups as foreigners who should not enjoy the full rights of bona fide residents.  Most of these disenfranchised Nigerians also happen to be Muslims.  However, those who oppose this dichotomy argue that these so-called settlers had spent more than two hundred years in the areas they reside.  Moreover, as Nigerian Citizens, they have the full right to reside wherever they wish and pursue their legitimate business without let or hindrance.  After all, they cannot be settlers in their own country”.

    Third Dimension

    “The third dimension of Nigeria’s ethno-religious crises is their potential to become a systematic national crisis.  When a person is killed in any of the areas of conflict, his co-religionists, especially in the cities react violently and begin to kill anyone they think is related to him.  This often triggers further reprisals in other parts of the country where victims come from.  It took a lot of efforts by the Nigeria Inter-Religious Council [NIREC] which I co-chair, and other state authorities, to treat each crisis independently and reduce the risk of systemic reprisals”.

    Fourth Dimension

    “The fourth dimension of Nigeria’s crises is poor leadership and the bad governance usually associated with its management.  Many of those charged with authority in the states where these conflicts occur are also parties to the crises.  They make feeble efforts to control the violence and do so only when much of the damage has been done…”

    Governance

    “….The issue of poor leadership and bad governance also explains how the Boko Haram movement has been able to transform itself from a small Hijrah group in Yobe State, escaping from the uncertainties and contradictions of the Nigerian State, to a militant movement able to wreak havoc and destruction once provoked.  Those in authority were prepared to court the leaders of this group when it suited them and to trample on them like flies when they were no longer useful…However, the recent bombing of the United Nations Office in Abuja has introduced an international dimension to terrorist’s activities, a development, which is hitherto entirely new to Nigeria”.

    The promise of dialogue

    “….When I became the Sultan of Sokoto in November 2006, some of the major problems I found on ground were the after-effects of the Riots, especially in Kaduna, Jos and some parts of the North East as well as a disturbing atmosphere of mistrust, fear and hostility, especially between the leaderships of Nigeria’s two major religions: Islam and Christianity. To resolve these knotty issues we chose the path of positive engagement, which we thought would engender meaningful discourse, improve communication and understanding and change the dynamics of our operating environment to that of trust and confidence…”
    “….The Nigeria Inter-Religious Council [NIREC] provided the right platform for this engagement. The Council, itself a product of Nigeria’s ethno-religious crises, was composed of 25 members each from the two religions and co-chaired by myself, in my capacity as the President-General of the Nigerian Supreme Council of Islamic Affairs, and the President of the Christian Association of Nigeria [CAN]. The approach of NIREC was simple and practical. Firstly, we affirmed the sanctity of human life, Muslim and Christian, and insisted that anybody who takes the law into his hands, regardless of the circumstances, must bear the full legal consequences of his action. You cannot believe it, but despite the frequency of these disturbances, only a few people have ever been punished for perpetrating any act of violence. The masterminds go scot-free. Secondly, while appreciating the fact that we are required to look after the interest of our co-religionists, we must pay attention to the other dimensions of our conflicts. As many were preparing to declare a religious war in Jos, for example, we laboured hard to draw attention to the other dimensions of the crisis. It was a conflict between Muslims and Christians quite alright, but it was not a conflict between Islam and Christianity. When Nigeria’s President called for a parley among stakeholders, we made bold to declare the Jos crisis a political crisis. Thirdly, we adopted a tactical approach to conflict resolution. Whenever, there is a break-out of violence, we work together to restore law and order and ask the quarrelsome questions later. We take this approach to minimise loss of life and to ensure that the crisis is contained in the primary area it occurred. Also, we devised a quarterly meeting schedule that took us to all parts of the country. It was heartening to many to see us working together and preaching peaceful co-existence and religious harmony even in areas, which never registered an ethno-religious conflict”.

    Duties of NIFAA

    “I must point out that it was also our view that inter-faith action should transcend conflict resolution. For it to be effective, it must affect the life of the common man. NIREC floated the Nigeria Inter-Faith Action Association [NIFAA] to take up this challenge and NIFAA has been very active in the control of the dreaded tropical disease: Malaria. We also find that we must act together to address issues related to electoral reform, good governance and anti-corruption. I am therefore glad to state that the goodwill and understanding which these activities were able to generate, have given impetus to the development of inter-faith dialogue to a new level. I always remember, with happiness, the seminar organized by the Christian Association of Nigeria [CAN] in April 2010, on ‘Knowing Your Muslim Neighbour’, where I presented a paper on the topic. The Nigerian Supreme Council for Islamic Affairs [NSCIA] gracefully reciprocated by inviting CAN members to its formal meeting in Kaduna, where the CAN representative gave a lecture on Islam in the Eyes of a Christian and both Muslim and Christian scholars, gave inspiring responses on the scriptural basis of mutual co-existence. Despite serious setbacks in recent months, many of us remain committed to this positive engagement and to the promise that dialogue offers the resolution to Nigeria’s ethno-religious crises”

    Looking ahead

    ‘’…Understanding the multifarious nature of Nigeria’s ethno-religious crises should strengthen our resolve and determination to deploy all the energies and resources at our disposal to see to their resolution.  Our inability and reluctance to take meaningful action go to challenge not only our common humanity but also our self-worth.  It is, therefore, important for us to appreciate, first and foremost, the importance of consensus building within the polity, with a view to ameliorating the current state of political polarization in it.  The Nigerian political class must be able to speak and understand one another as well as to develop a minimum national agenda to chart the way forward.  The political class must also be able to open dialogue on a variety of national issues, including the perennial problem of power rotation and willingly enter into agreements that they can honour with dignity….”
    “….Also, governance, at all levels, must translate into tangible benefits for all Nigerians, regardless of their ethnic and religious affiliation.  Nigeria has the resources to make life more pleasant for its people.  It is equally imperative to address the poverty problem as well as the needs of the youth population both in all the geo-political areas of the country.  In a situation where over 50% of our population is jobless at less than 19 years of age, we are definitely sitting on a time bomb much deadlier than that of Boko Haram unless we take urgent action to defuse it….”
    “….Furthermore, there should be renewed determination to address both the Jos and Boko Haram sectarian crises.  The Federal Government must take   its security responsibilities seriously by effectively containing these crises.  But beyond that, a genuine dialogue must be initiated, to begin healing festering wounds and to bring genuine understanding and reconciliation amongst the entire people of Plateau State and beyond.  The social dimension of the Boko Haram cannot also be resolved by mere use of force.  This is the reason why I have consistently suggested dialogue and education to counteract its message, especially those aspects dealing with modern education.  Millions of Muslim pupils are already outside the school system. Millions more will definitely follow if urgent intervention is not undertaken to enlighten the younger generations.  And the question I have always asked is What kind of society can we build in the 21st century when our youth turn their back on Science and Technology and are unable to produce the next generation of doctors, engineers and other specializations necessary for sustaining the socio-economic development of the society?….”

    Conclusion

    “….Finally, we should not neglect the impact of the International environment on Nigeria’s ethno-religious crises.  Happenings in the US, Iraq, Afghanistan, Norway, Netherlands, the UK and France are as current and relevant as events in Jos, Maiduguri and Abuja. We must preach international tolerance and moderation.  The fight against extremist groups should never be perverted to become a fight against Islam and its doctrines.  We should all remember that in the final analysis, it is not what the perpetrators of violence do that really counts.  It is the actions we take, individually and collectively, that would shape the fate of humanity….”

    Comment

    For those who can deeply comprehend the above excerpts from His Eminence’s lecture of 2011, there can be no better choice than returning to the drawing board for a permanent solution. In no part of the world has any wound inflicted by sectarian crisis been healed in the contemporary time through the barrels of guns. Nigeria cannot be an exception. The causes of our crises are much more fundamental than their effects. And addressing the   effects alone to the exclusion of the cause may be an approach too far from the solution. God save Nigeria

  • FITC Board renews MD’s tenure

    FITC Board renews MD’s tenure

    The Board of Financial Institutions Training Centre (FITC) has approved the renewal of Dr. Lucy Surhyel Newman’s contract as its Managing Director/Chief Executive Officer for another term of five years.

    Speaking on behalf of FITC owner- institution members of the Nigerian Bankers’ Committee and FITC key stakeholders within the wider Nigerian Financial Services Sector, Dr. Kingsley Moghalu, the Chairman of the FITC Board and Central Bank of Nigeria (CBN) Deputy Governor, Financial System Stability, hailed Dr. Newman’s for her performance.

    He said her first tenure led to continued enhancement of FITC’s service quality, internal capacity and brand positioning within Nigeria and beyond.

    He urrged her to continue to work effectively with FITC’s internal and external stakeholders, in taking FITC to even greater heights, while assuring her of the support of the FITC board, the Bankers’ Committee and leadership of strategic institutions within the Nigerian Financial System.

    Newman has built a reputation as a results-focused leader with proven success in aligning strategy, structure, people, policies and systems to optimise individual and organisational performance.