Tag: Osinbajo

  • Osinbajo presides over FEC

    Vice President Yemi Osinbajo on Monday presided over the Federal Executive Council (FEC) meeting at the Presidential Villa, Abuja.

    It started around 10.02am with the rendition of the National anthem.

    Muslim opening prayer was said by the Minister of Water Resource, Suleiman Adamu while the Christian opening prayer was offered by the Minister of State for Niger Delta Affairs.

    The Monday meeting, which normally holds on Wednesdays, is part of efforts to successfully end the current tenure of President Muhammadu Buhari’s administration.

    Read Also: Osinbajo pledges slots for NGE on NIPSS course

    The current cabinet is expected to hold its valedictory session on Wednesday.

    Inauguration of the second term tenure of President Muhammadu Buhari’s government is slated for 29th of May 2019.

    President Buhari went to Makkah, the Kingdom of Saudi Arabia last week to observe Umrah.

  • Osinbajo pledges slots for NGE on NIPSS course

    The Nigerian Guild of Editors (NGE), the umbrella professional organisation for the leadership of print, broadcast and online media in Nigeria, will soon have participants in the prestigious Senior Executive Course of the National Institute for Policy and Strategic Studies (NIPSS).

    Vice-President Yemi Osibanjo promised to assign slots to members of the guild to undertake the course.

    He said this would enable them to contribute their quota to nation-building and join its fora where academics of excellence, seasoned policy initiators and executors as well as other citizens of matured experience and wisdom meet to reflect and exchange ideas on critical issues for developing the Nigerian society.

    The Vice-President said members of the guild would be considered for the rigorous screening into the course and the successful would fill the discretionary slots for enrolment on the course.

    He said his office would work out a plan for editors to participate in the course from the next batch of the training.

    Osinbajo spoke in Abuja, the nation’s capital, when he hosted the newly elected executive of the NGE, led by its President, Mrs Funke Egbemode.

    The Vice-President congratulated Mrs Egbemode and the guild for its recent rancour-free election, which demonstrated that it is a professional body of men and women of integrity and exemplary character.

    Osinbajo said he regarded himself as a media person because his first book was on media ethics and law in Nigeria.

    He promised be open to support specialised trainings for editors and other media professionals. The Vice-President said he would always support the media and explore means of an intervention fund for specific media projects.

    Osinbajo also said he would welcome ideas from the guild to have improved government-media relations and resolve challenges posed by social media, which is without regulation.

    He urged the NGE to tackle fake news and find effective means of regulating the social media. Mrs Egbemode told the Vice-President that the guild was passionate about training and re-training of editors and would seek to partner other agencies of government for capacity building of editors.

    The NGE president also intimated the Vice-President of the current harsh economic atmosphere in which the media industry is operating.

    She noted that while most other sectors were out of recession, the media industry was not yet out of economic quagmire.

  • 75,020 pupils to benefit as Osinbajo launches feeding programme in Ekiti

    Vice President Yemi Osinbajo yesterday launched the National Home Grown School Feeding Programme tagged “Ekiti-Kete School Meal” in Ado-Ekiti, the state capital.

    With the launch, Ekiti became the 31st state to commence the Federal Government initiative.

    According to Prof Osinbajo, 75,020 pupils in all the public primary schools across the state would be fed once daily; adding that the programme will not only increase school attendance and enrolment but checkmate malnutrition among pupils.

    Explained that the school feeding programme as one of the components of the Social Investment Programme (SIP) of the Federal Government, the vice president said the programme was already catering for 9.3 million pupils.

    Besides, he said the scheme has empowered farmers, whose produce were being bulk-purchased for the programme.

    He said it was important that the government programmes empower the people and alleviate poverty among the masses.

    Commending Governor Kayode Fayemi for keying into the programme, the vice president said he was not surprised by the governor gesture and support for the success of the SIP, saying he (Fayemi) was one of its initiators.

    The vice president noted that Fayemi pioneered some of the social security programmes, especially the introduction of the Youth Volunteers Programme (YVP) which is now called N-Power at the national level and the Social Security for the elderly.

    He stated that the government had invested N5.6 billion on its (SIP) in Ekiti State; adding that the Federal Government would soon increase the number of N-Power volunteers to accommodate more unemployed youths.

    Dr. Fayemi disclosed that about 2,000 people have been employed to meet the feeding requirements of over 905 public primary schools in the state; adding that the programme will create job opportunities along the value chain of the economy, as well as boost the income of peasant farmers by creating a viable and ready market.

    The governor assured that his administration would play its part with utmost dedication, commitment and honesty to make the programme in the state a model.

    He recalled that all the social security programmes that were initiated by his government during his first tenure, were jettisoned by his successor, with the state indices in education, health and livelihood abysmally dropped.

    He said this informed his resolve to key into the Federal Government’s SIPs and “reactivate our old social security programme”.

    He said: “Your Excellency, we, in Ekiti State, commend your relentless personal commitment and leadership on social investment in the country. I can confirm that it has made a major difference in distinguishing between a compassionate government and an uncaring one and the result was evident in the last election.

    “It is clear that the people support our ideology that sees government as a catalyst for development, not a bystander that leaves everyone to his or her fate and we have you and Mr. President to thank for your exemplary leadership in this regard.”

    One of the caterers employed for the school feeding in Moba Local Government Area, Mrs Modupe Ajisefini, thanked the government for the initiative; stressing that the programme has improved school attendance since it started a few weeks ago.

    She said the programme will provide nutritional value and improve pupils’ intelligence quotient.

  • Osinbajo, Ambode task media on professionalism

    Nigeria’s Vice President, Professor Yemi Osinbajo and Lagos State Governor, Mr. Akinwunmi Ambode on Saturday urged the media to continue to do everything within its powers to ensure that members adhere strictly to the code of ethics to preserve the sanctity of the profession. The duo spoke at the 2019 Biennial Convention of the Nigerian Guild of Editors (NGE) held at the Airport Hotel in Ikeja, Lagos, well attended by members of the Guild from across the country.

    The Vice President said the greater worry was the fact that the new media had been saturated with several mushroom platforms, which do not regard the ethics of the profession in disseminating information. “Editors must now take over the online media as seriously as they did to the traditional media and that move has to be unprecedented. What we see today is that instant reporting is making a mince-meat of the virtues of cross checking facts before publishing.

    “Since the role of editors is quality control and gate keeping, of the things they must do is to manage the new media and place some form of control. Some people must take the lead to speak up against the bastardization of the new media as it is gradually relegating investigative journalism,” Osinbajo said. He also urged the media to invest in technology and continue to strive to ensure that they maintain their code of ethics, saying that failure to do this will be detrimental to the profession.

    In his goodwill message, Governor Ambode who was represented by the Commissioner for Information and Strategy, Mr. Kehinde Bamigbetan said the media must continue to up the ante in its primary responsibility as the watchdog of the society. Noting that the theme of the convention, ‘Media Convergence As Strategy For Survival’ was very apt, he said the state Government has drawn ideas and policy formation as well as execution from the criticisms and suggestions from the media.

    “We have learnt from your informed commentaries, reflecting deep concern about the need for solutions to problems that all of us worry about uninterrupted electricity, efficient transportation, affordable housing and the ease of doing business. What we have witnessed in Lagos state in the past four years and particularly the commissioning of transformational projects in recent times bear testimony to the fact that your criticisms and suggestions towards a livable megacity have contributed to our policy formulation and execution,” he said.

     

  • Osinbajo, Kukah, BHM CEO, others for NIPR conference

    The Vice President, Prof. Yemi Osinbajo would grace the 2019 Nigerian Institute of Public Relations (NIPR) conference in Abuja, today, as the Special Guest of Honour.

    Also billed to attend is  Bishop Matthew Kukah, who will give a keynote speech.

    The Chief Executive Officer, Public Relations and Digital Communications Agency, BHM, Ayeni Adekunle  is also expected to join a panel discussion at the  conference.

    The Conference with the theme: ‘Optimising Public Relations Strategies for National Cohesion,’ is part of the scheduled activities of the institute’s three-day 2019 Annual General Meeting (AGM) taking place at the International Conference Centre (ICC), Abuja, Nigeria’s capital city.

    Ayeni, an entrepreneur and investor with interests in public relations, advertising, media, Human capital management, technology, and entertainment. He founded BHM in 2006 and the company currently serves a wide range of high end clientele spread across different sectors including FMCGs, Telecommunication, and Media Services.

    BHM has pioneered several initiatives in the Nigerian PR sector, one of them being the BHM App, which serves as a pool of resources for the Nigerian public relations practitioners and credited as the “first PR mobile application”.

    The company is also responsible for the first-ever Nigeria PR Report, containing insights across key areas in the Nigeria PR industry. First Published  in 2016, the Nigeria PR Report is the country’s first-ever annual report on Public Relations, dedicated to gathering, chronicling and analysing data on trends, perceptions, challenges and prospects within the industry.

    As part of efforts to bridge the gap between the theory and practice of public relations in Nigeria, BHM has also published a book to help practitioners. Titled BHM Guide to Public Relations, the 138-page interactive digital book contains tips, tools and tricks for everyone interested in smart PR.

    BHM is also responsible for “Concept Of Virality”, the widely-praised report, which used Nigerian hawker-turned-model Olajumoke Orisaguna as case study, outlining the DNA of a viral story.

  • Osinbajo, Malami, others for dispute resolution workshop

    Vice-President Yemi Osinbajo (SAN) and Attorney-General of the Federation (AGF) Abubakar Malami (SAN) are among dignitaries expected at a workshop organised by the Abuja Chamber of Commerce, Disputes Resolution Centre.

    It is organised in collaboration with the Federal Capital Territory Administration (FCTA), Bureau of Public Procurement (BPP), Federal Ministry of Power, Works and Housing, Federal Ministry of Finance and the Nigerian Society of Engineers.

    Others are the Abuja Chamber of Commerce and Industry, National Industrial Court, JANADA International Centre for Arbitration and Mediation, Institute of Chartered Mediators and Conciliators (ICMC), Federal Ministry of Justice, Ministry of Foreign Affairs, Nigerian Bar Association, and other stakeholders.

    The two-day Workshop on Government Contract Dispute Resolution will hold from May 7 to May 8 at the Convention Centre, Abuja Chamber of Commerce and Industry, KM8, Umaru Musa Yar’Ardua Expressway, Airport Road, Abuja.

    In a chat with The Nation, the Director of the Disputes Resolution Centre of the Abuja Chamber of Commerce and Industry, Aisha Ado Abdullahi said: “The aim of the workshop is to examine Alternative Dispute Resolution (ADR) as the viable instrument for resolution of government contract disputes that arise annually from all major government procurement activities such as construction, agriculture, education, technological etc.

    “The main objective of the workshop is to provide opportunity for all stakeholders to exchange views on the dilemmas they face within the context of contractual disputes and proffer solutions that will tackle these challenges.

    “Vice-President Yemi Osinbajo is the special guest of honour while the Attorney-General and Minister for Justice, Abubakar Malami (SAN) will give opening remarks

    “Target participants will include relevant ministries, departments and agencies (MDAs), contractors, senior managers or contracting officers, senior contract managers, lawyers, company secretaries, general counsels, ADR  experts, procurement officers and anyone else interested in the evolving process of dispute resolution in the federal contracting space.”

     

  • Osinbajo, Ambode, others for Guild of Editors’ convention

    The Nigerian Guild of Editors (NGE) has concluded plans to hold its biennial convention in Ikeja, the Lagos State capital.

    The convention will hold from May 3 to 5 at the Lagos Airport Hotel, Ikeja.

    Vice-President Yemi Osinbajo (SAN) is the special guest of honour while Lagos State Governor Akinwunmi Ambode, the host, will declare the convention open.

    The Minister of Information and Culture, Alhaji Lai Mohammed, is the host minister.

    The convention, with the theme: Media Convergence as Strategy for Survival, is expected to be attended by over 300 editors across the country.

    The keynote will be delivered by Professor Abigail Ogwezzy-Ndisika, Head of the Department of Mass Communication, University of Lagos (UNILAG) and member, Editorial Board of The Guardian.

    A statement by NGE’s Social/Publicity Secretary, Mr. Ken Ugbechie, said the convention will be chaired by veteran journalist, Mr. Dan Agbese, who is also an author, columnist and Executive Director of MayFive Media Limited.

    A major highpoint of the convention is the election of new Exco members to run the affairs of the guild in the next two years, after the expiration of the tenure of Mrs. Funke Egbemode-led Exco.

    Also, the election committee announced that it had cleared 23 candidates to vie for elective positions into the guild’s Executive Council and Standing Committee.

    The election will hold on May 4 after the opening ceremony and it is the first election to be held with the use of the amended 2016 NGE Constitution and Election Guidelines.

    A statement by the Secretary of NGE Electoral Committee, Gbemiga Ogunleye, said 23 candidates were cleared for 12 offices.

    Those cleared include: Funke Egbemode, for president; Messrs Umar Saidu Tudunwada and Chooks Ogbonnaya Oko, for deputy president.

    For the office of vice-president (North), Hajia Sani and Mr Sanusi Jibrin were cleared as contestants.

    Also, for the office of vice-president (East), Mr Samuel Egbala and Mr Dom Isute were cleared as contestants, while for the office of vice-president (West), Mr Mustapha Isa was cleared.

    Mary Atolagbe is the candidate for the post of General Secretary, while Austeen Elewodalu and Juliet Njiowhor were cleared as contestants for the post of Assistant General Secretary.

    Victoria Ibanga was cleared to contest for the post of Treasurer, while Ken Ugbechie was cleared to contest for the post of Social/Publicity Secretary.

     

     

  • ‘Christians should stop criticising Osinbajo’

    Sword of the Spirit Ministries, operators of Christ Life Church recently marked its 30th anniversary. Founder of the church, Bishop Francis Wale Oke, spoke on the journey since inception especially, the good and the ugly moments as well as on some national issues as it relates to the church, Christianity among others. Yinka Adeniran was there. Excerpts:

     

    THIRTY years after the church took off, how has the journey been?

    The journey has been wonderful. Really, the Lord has been gracious. I started out as an itinerant evangelist, going across all the nations to hold interdenominational crusades. We had held stadium revival in virtually all the state capitals, except Adamawa.

    But after 14 years of gospel crusade, the Lord instructed us to start a church. He had spoken to me earlier in 1984 that we were going to start a church in Ibadan and that the church would go global but that He would tell me when the time arrives.

    Then, friends and Christian leaders began to speak to me. Bishop David Oyedepo spoke to me about setting up a church and I said no. Pastor E.A. Adeboye spoke to me about it and I told him that I would start when God asks me to.

    Archbishop Benson Idahosa came to our convention in 1988 and announced that we were going to start a church but I said no. This was because in doing the work of the Kingdom, as an Apostle, you don’t base your work on the words of men, you listen to what the Lord says.

    Because if you meet with challenges, men cannot help you solve the challenges. But if it is God, you have nothing to fear. So on the 8th of February, 1989 while in Lagos, the Lord told me it was time for the church. So when I got back to Ibadan, I told the fellowship we were starting a church.

    On the 12th of February, 1989, Christ Life Church took off. Within the first year of the church, we were over a thousand. We bought the portion of this garden in 1990. So it was rapid. The journey has been amazing, not without its challenges though.

    There were stories about angelic visit in the journey so far

    Yes, I have experienced angelic visitations. My first experience was in 1980 in Port-Harcourt and it has to do with the person I was going to marry. I was about making a wrong choice and the angel of the Lord appeared to me to stop me. The second time I had an angelic visitation was when I was in the midst of a spiritual crisis. So I decided to fast without stopping.

    When the fast reached 178 days, I was praying in my house in the night and just about 3:30 am, I heard a male voice singing at the gate of my house. When I kept quiet, he called me by my name (the name by which only my mother calls me) and spoke words of comfort and assurance to me. Right there and then, I began to praise God.

    The third angelic visitation was about this land. Because of the numerical growth of the church, we went searching for land everywhere. So one day, my secretary came in to tell me about an elderly man who wanted to meet me. The man came in white Babariga looking fresh.

    I welcomed him and offered him a seat, which he refused. He said: “I learnt you are looking for land, have you considered Olaogun’s hatchery? They’ve broken it into plots and they want to sell. It is along Old Ife Road. Go check it. It may be good for you.”

    I appreciated him and asked for his name, but he smiled and said, “I’ll see you.” I didn’t guess anything. I thought he was one of the estate agents. I asked for his card so we could talk subsequently, he smiled again and said, “I’ll still see you.”

    I wanted to offer him a gift, he rejected it and said, “I’ll see you again.” And then he disappeared. The information he gave us that day led us to this place. I’ve had another one too after that. I’m not going to tell you that one.

    Could you reflect on your challenges when you were about starting and on how you have been able to maintain success?

    We didn’t have any problem about starting because it is not Francis Wale Oke’s church, it is the church of Christ. He leads us as we follow Him. And every step has been interesting. We have been working with God as He reveals His plans to us day by day. We are not in competition with our friends.

    They are where they are because that’s how God has led them. We are where we are because that is how God has led us. Our eyes are set on God because He never misses the way, in fact, He is the way.

    Behind every glory, there are stories. We’ve had challenges, but by and large, the real challenge is the challenge of men, people. Jesus himself warned us to beware of men. Jesus did not commit Himself to people because he knew what was in them. You would raise people and expend your emotion on them, yet they would turn to stab you on the back.

    The challenge of men you fed, who turned out to be Judas Iscariot. If you take that away, there is no challenge. The whole book of Jonah captures this well. The storm, fish, grass and things obeyed God but when God spoke to man, the man went the other way.

    How have you managed to move on despite the challenges of men?

    We take our time to pray. The hearts of men are in the hands of God. Again, we use the word of God. The word of God has the capacity to change, shape and convict the heart of men. We teach the word. Then, we work in patience. When you work with people, you have to be patient to deal with people.

    Would you like to reflect on some of the good moments you have had?

    So many, but I will tell you one. On the 8th of March this year, I sat in the Sanctuary to watch the matriculation ceremony of the pioneer students of Precious Cornerstone University and I was moved to tears. As I sat there, I made a play back in my mind to 12 years on the memory lane.

    We made the declaration for our vision for the university on November 11, 2006 and for the next 12 years, it was battle. The operational licence was not forthcoming and we remained resolute not to start the university until the licence was released.

    We were not ready to do anything illegal. Our licence was issued by the federal government on December 19, 2017. And in March 8, 2019, I saw the students matriculating. They were from 21 states of the federation and the federal capital territory. Someone said our school is truly a federal university and I give glory to God for that. It’s a moment of joy.

    How have you been able to combine the home front with the ministry?

    To succeed in ministry, one must understand God’s priority. In God’s priority, God comes first. Your health comes next and your family before your ministry. Failure looms when the order is violated. God taught me the priority of a minister’s life and I’ve maintained my focus.

    Some said you are a workaholic?

    Well, nobody can succeed in ministry without being a workaholic. But then, we work like God and not like a fool. In Genesis 1, God works very hard. He prepares His work in the evening and completes it in the day. That is why you would read, “And the evening and the morning were the first day.”

    So God’s day starts the previous night and that is a serious strategy for success. Plan your day the previous night; get up in the day and implement it. But then, on the seventh day, He withdrew from all the works and rested. For me, I do prayer-work to relax. I come back sweating, relaxed and refreshed.

    What has God told you about Nigeria?

    There is a great future for Nigeria. Nigeria will not break. By the way, I’ve carried Nigeria as a burden in my heart since I became prophetically conscious in 1976. As a prophet, I intercede. I do not go to the pages of newspaper to predict what would happen.

    Nigeria is going through the stage of becoming a prosperous and great nation. The problem of Boko Haram, insurgency and uprisings will pass away. God will raise leaders who will be able to unite Nigeria for us. Meanwhile, our leaders are trying but they are not there yet.

    We need their irrevocable integrity and commitment now more than before. We need them to throw up a new crop of leaders who are 21st century compliant and current with the on-goings in the world technologically and economically. The set of leaders who can take Nigeria from being a consumer nation to a producer nation and from being an importing nation to an exporting nation. The only two things I think Nigeria is exporting today are people and faith.

    Being a dirty game, should Christians engage in politics?

    Politics is a very dirty game and that is why Christians must go there to clean it up. It is a systemic rot which cannot be cleaned up in just four years. Let genuine Christians who have been discipled go into politics to clean it up.

    The National Assembly is planning to constitute its leadership and CAN have been agitating that Christians be taken into cognizance.

    Yes, CAN is doing that because Christians have been marginalised in many ways and CAN must be sure that there is fairness and equity. CAN is not asking that all the slots in the leadership be given to Christians, they are just demanding that there should be a balance.

    Whether you believe it or not, religion has become a major factor in our national politics. It will be wrong for CAN to keep quiet now. Their stand is correct. They have my backing for staging that course. Otherwise, you just wake up and discover that there is no Christian in the leadership of the national assembly. The church should have a voice there.

    Some people alleged VP Osinbajo is not representing the interest of Christians well. As a leader, how do you view that?

    The point is it is easy to criticise. A lot of people don’t know the role that man is playing there. He is the ‘sole light’ in the midst of darkness in Aso Villa and he is doing his best. On a personal level, he’s been there for four years without any scandal. He has carried himself with poise and dignity. His grasp of national issues, the analysis, the confidence with which he speaks, oh come on!

    Church, wake up and celebrate your hero and champion. On the two occasions on which he has acted as President, everybody knew everything was different. What else do you want him to do? He is not the President. There is a limit to the role of the vice president.

    He and the president are close because the President has found him trustworthy. We’ve had issues in this nation before where governor and deputy governor would be at each other’s throat. It was the same with the President and Vice President such that rather than getting busy with the administration of the country, they would be creating distraction. We don’t have that now. The man just wants to serve the nation. I give him kudos.

  • Osinbajo presides over FEC

    Vice President Yemi Osinbajo on Wednesday presided over the Federal Executive Council (FEC) meeting.

    The meeting started around 11am at the Council Chamber of the State House, Abuja.

    After rendition of the National anthem, the Minister of FCT, Mohammed Bello offered the opening Muslim prayer.

    Read Also: Osinbajo asks new NDIC board to sanitize banking system

    The Christian opening prayer was said by the Minister of Science and Technology, Ogbonnaya Onu.

    President Muhammadu Buhari returned to Abuja late Tuesday night after official trip to Jordan and Dubai.

  • Osinbajo expresses confidence in NDIC new board

    Vice President Yemi Osinbajo has expressed confidence in the ability of the new Board and Management of the NDIC led by Mrs. Ronke Sokefun whom he described as an experienced lawyer and Umaru Ibrahim an experienced technocrat to steer the Corporation in the right direction.

    According to a statement by the Head of Communications and Public Affairs Department, Mohammed Kudu Ibrahim, Osinbajo made the comment during the courtesy visit by the Board and Management of the Corporation on Friday the 5th of April 2019, in his office at the State House, Aso Rock, Abuja.

    While congratulating the Chairman and other members of the Board for their appointment, Osinbajo also commended the Management of the Corporation for prioritizing the interests of Nigerian depositors in its choice of the Bridge Bank option for the resolution of many banks in liquidation.

    The Vice President, however, noted that a lot still needs to be done in the area of sanitizing the banking system.

    “He also stressed the need for fresh ideas to produce a more resilient structure involving the NDIC and other relevant stakeholders to address the issue of Non-performing loans in the industry and warned that the federal government was not prepared to repeat the mistakes of the past.

    Read Also: Osinbajo, Falana, charge journalists on professional ethics

    “On the issue of financial inclusion, the Vice President remarked that it was desirous for millions of poor Nigerians to be empowered through the extension of credit and urged for a sustainable framework to achieve the objectives set by the regulators.

    “He lamented that the current structure for the operation of Micro-Finance Banks (MFBs) had failed to achieve the desired goals and called for concerted efforts of the relevant institutions including CBN and NDIC to come up with a framework that would facilitate the funding of federal government social intervention programs such as the N-Power, Trader-Money, and Market-Money so as to alleviate the suffering of millions of Nigerians,” the statement said.

    It further added that: “Earlier, the Chairman of the Board of the Corporation had thanked the Vice President for his warm reception and recalled that the NDIC as a critical player in the Nigerian financial safety-net, had achieved remarkable success in the execution of its primary mandates of effective supervision of the insured banks, timely payment of insured deposits and the implementation of a robust and efficient failure resolution regime.

    “The Chairman concluded her remarks by drawing the attention of the Vice-President to the NDIC Amendment Bill currently pending before the Senate and solicited for his assistance in ensuring a quick passage of the Bill before the expiry of the present legislative session.

    “In his remarks, the MD/CEO of the Corporation, Umaru Ibrahim, FCIB mni, joined the Chairman in seeking for the assistance of the Vice President towards the speedy passage the Bill to amend the NDIC Act pending at the Senate to strengthen the capacity of the Corporation effectively supervise insured financial institutions for a safe and sound banking system in the country.

    “Commenting further on the activities of the Corporation, the NDIC boss informed the Vice President that the NDIC undertakes periodic examination of banks in collaboration with the CBN and issues reports with far reaching recommendations to the Boards of banks for compliance to ensure the safety, soundness and stability of the Nigerian banking system.”