PCRC Decorates Aare Adetola Emmanuelking and Wife Yeye Aderonke as Golden Grand National Patron/Matron, Marks 40th Anniversary
The Police Community Relations Committee (PCRC) has decorated Aare Adetola Emmanuelking, Chairman/CEO of Adron Homes, and his wife, Yeye Aderonke Emmanuelking, as the Golden Grand National Patron and Grand National Matron for women and youth committees of PCRC in Nigeria and diaspora. This prestigious honor was bestowed upon them during the PCRC’s 40th anniversary celebration, held in Lagos.
The ceremony, which took place in Lagos, was attended by National PCRC chairman, Alhaji Mogaji Ibrahim-Olaniyan and other members of the committee, dignitaries, community leaders, and members of the Nigerian Police Force. The PCRC’s decision to honor the Emmanuelkings highlights their unwavering commitment to community development and their substantial support for initiatives aimed at enhancing public safety and fostering cooperation between law enforcement and the communities they serve.
In his acceptance speech, Aare Adetola Emmanuelking expressed his profound gratitude for the recognition, stating, “This honor is not just for me and my wife but for every Nigerian who believes in the power of community and the importance of working together with our police force to create a safer and more harmonious society.”
In her reaction to the honor, Yeye Aderonke Emmanuelking emphasized the role of women and families in fostering community spirit and resilience. She noted, “Our communities thrive when we all play our part. As National Grand Patrons, we are committed to promoting initiatives that bring the police and the people closer together, ensuring mutual trust and cooperation.”
It will be recalled that the PCRC, established in 1984, by the then IGP, Etim Inyang has played a crucial role in bridging the gap between the Nigerian Police Force and local communities. Over the past four decades, the committee has launched numerous programs aimed at improving communication, trust, and mutual respect. This 40th-anniversary celebration not only commemorated the PCRC’s achievements but also set the stage for future endeavors to strengthen community policing.
The National PCRC chairman, Alhaji Mogaji Ibrahim-Olaniyan, praised the Emmanuelkings for their exceptional support and dedication. He remarked, “The Emmanuelkings have shown exemplary commitment to the ideals of the PCRC. Their leadership and philanthropic efforts have significantly contributed to the enhancement of community policing in Nigeria. Their new roles as National Grand Patrons will undoubtedly inspire further progress in our collective efforts to maintain peace and security.”
The chairman further stated that the decoration of Aare Adetola Emmanuelking and Yeye Aderonke Emmanuelking as National Grand Patrons stands as a testament to the power of community partnership and the enduring impact of dedicated civic leadership.
As I stepped into Rivers State, I was bracing myself for accounts of a prolonged and bitter conflict, perpetuated largely through social media and fueled by a dominant narrative that has come to define the state in recent times – one of incessant strife and unyielding hostility. Expecting to witness chaos and turmoil, I was prepared to encounter a state mired in political squabbles and clashes, as sensationalized by the headlines. However, I was pleasantly surprised to find a vastly different reality. Instead of the anticipated disorder, I was met with a transformative landscape that told a more comprehensive and optimistic story, one that is frequently obscured by the din of political theatrics. Under the visionary stewardship of Governor Sim Fubara, Rivers State is undergoing a remarkable renaissance. In a mere 10 months, Fubara has spearheaded numerous projects, effecting a radical overhaul of the state’s infrastructure and ushering in an era of peace and security, thereby redefining the very fabric of the state.
One of the most striking aspects of Governor Fubara’s administration is his commitment to peace and security. During my visit, I observed a palpable sense of calm and safety. People went about their daily activities without fear, a stark contrast to the tense atmosphere that once pervaded the state. This peace is not accidental; it is the result of deliberate policies and actions by the governor. His administration has prioritized security, investing in the police force and implementing measures to curb crime and violence. The once-turbulent state now exudes an aura of calm, an evidence to Fubara’s commitment to security. But it’s the infrastructure development that truly left me in awe.
In this last 10 months, Governor Fubara has embarked on an ambitious journey to reshape Rivers state. From the bustling city of Port Harcourt to the serene rural areas, the signs of progress are evident. Roads are being constructed and rehabilitated, schools are being renovated, and healthcare facilities are being upgraded.
One of the most impressive projects is the reconstruction of the Port Harcourt-Aba Road, a critical artery connecting the state’s economic hubs. This thoroughfare, once notorious for its deplorable condition, has been transformed into a modern, safe, and efficient transportation route.
Governor Fubara has recently reaffirmed his commitment to delivering the highly anticipated 12.5km Trans-Kalabari Road project, and has taken a significant step towards realizing this promise by paying 30 percent of the contract sum to mobilize the contractors to commence work on the project, thereby ensuring its timely completion. This development has brought immense joy to the people of Kalabari Kingdom, who have long awaited the transformation of the swampy areas, and are eager to reap the economic benefits that the completion of the road project will bring. By taking concrete action to fulfill his promise, Governor Fubara has demonstrated to his people that he is a leader who not only makes promises but also manifests them, thereby earning their trust and admiration.
Fubara’s team has also made significant strides in healthcare, with the establishment of world-class medical facilities and the revitalization of existing ones. The Rivers State University Teaching Hospital, a flagship project, has become a beacon of hope for quality healthcare in the region.
The realm of education, a crucial facet of societal advancement, has been accorded significant consideration by Fubara’s administration, which has undertaken a multifaceted approach to enhance the sector. Not only have schools been constructed and renovated, but also a conducive learning environment has been fostered, enabling students to thrive academically. Moreover, the introduction of innovative programs and scholarships has empowered the youth, equipping them with the skills and knowledge necessary to excel in an increasingly complex world, thereby brightening their future prospects.
Furthermore, the governor’s unwavering commitment to infrastructure development has extended to the state’s waterways, with the construction of modern jetties and terminals, which has not only augmented transportation but also stimulated economic activities, creating novel opportunities for trade and commerce to flourish.
The incessant unveiling of projects serves as a testament to the unwavering commitment of Governor Fubara’s administration to crafting a more affluent and thriving future for Rivers State. These projects, while indispensable for the state’s advancement, transcend mere physical edifices; they embody the very essence of a revitalized Rivers State, one that is forging ahead with unyielding resolve and unwavering purpose.
What left an indelible mark on my psyche was the palpable sense of pride and proprietorship exhibited by the residents. They spoke of Fubara’s projects with an air of possessiveness, expressing heartfelt gratitude for the profound and transformative impact on their daily lives, thereby underscoring the profound connection and sense of belonging that has been fostered between the government and the governed.
Fubara’s administration has tackled the state’s longstanding challenges with a multifaceted approach. From road construction to healthcare and education, every sector has received a boost. The governor’s dedication to creating a conducive environment for growth and prosperity is palpable.
Yet, despite these positive developments, the narrative about Rivers state in the media remains largely negative. The feud between Governor Fubara and his predecessor, Nyesom Wike, dominates the headlines, overshadowing the transformative work being done in the state. This focus on conflict is not only misleading, but it also does a disservice to the people of Rivers state, who are eager to move beyond the past and embrace the future.
Governor Fubara is not a man easily swayed by distractions. He remains focused on his vision for Rivers state, a vision of growth and prosperity. His commitment to this vision is evident in his actions. Despite the challenges and obstacles, he continues to push forward, undeterred by the noise and distractions.
My journey through Rivers State revealed a narrative beyond the feud – a tale of transformation, progress, and hope. Governor Fubara’s infrastructure revolution has set the state on a path towards sustainable growth and prosperity, inspiring a new generation of Rivers indigenes. The old narratives of conflict and feud are slowly being replaced by stories of progress and development. And at the center of this transformation is Governor Fubara, a leader who is not just building infrastructure, but also building hope.
It is imperative that we redirect our attention away from the protracted and contentious rivalry between Fubara and Wike, and instead devote our energies to acknowledging and appreciating the transformative initiatives underway in Rivers State. Let us commemorate the significant advancements achieved thus far, confront the obstacles that lie ahead with courage and resilience, and offer our unwavering support to the ongoing pursuit of a more prosperous and enlightened Rivers State. For ultimately, it is not the conflicts and discord that define our character, but our capacity to transcend them and pave a path towards progress and growth. And under the visionary leadership of Governor Fubara, Rivers State is indeed charting a course towards a brighter future, one marked by tangible progress and unwavering determination.
This is a call to action. A call to change the narrative about Rivers state, to focus on the positive developments, and to support the transformative journey being led by Governor Fubara. For it is in this journey that the true story of Rivers state lies, a story of resilience, progress, and hope.
Rivers under Governor Fubara is a state in transformation. It is a state that is shrugging off the shadows of its past and embracing a brighter future. It is a state where the daily lives of its residents are improving, where security is being restored, and where development projects are being executed with impressive efficiency. Amidst the noise of political rivalry, this is the narrative that deserves to be heard. This is the Rivers that I saw, and this is the Rivers that Governor Fubara is building.
As I left the state, I couldn’t help but feel a sense of optimism, knowing that Fubara’s vision will continue to shape a brighter future for Rivers.
Thomas is a UK trained freelance journalist writing from London.86
Niger’s Journey of Redemption Under Governor Bago By Paul Dickson
As the esteemed Warren Bennis so eloquently articulated, “Leadership is the capacity to translate vision into reality,” a sentiment that finds profound resonance in the transformative narrative of Niger State, a region that once shone brightly as a paragon of progress and development, only to succumb to the ravages of neglect and decay over the course of three decades. Nevertheless, with the ascendance of Governor Umar Bago’s administration, the state has embarked upon a truly remarkable journey of redemption, one characterized by a visionary leadership that has steadfastly committed to revitalizing the state’s infrastructure, catalyzing economic growth, and enhancing the overall quality of life for its citizens. Through a plethora of innovative projects and initiatives, Governor Bago has demonstrated an unwavering dedication to translating his vision for a resurgent Niger State into tangible reality, thereby embodying the very essence of leadership as so succinctly defined by Warren Bennis.
The administration has taken proactive steps to address the decay of infrastructure in Niger State. One of the most significant achievements of the Bago administration is the comprehensive overhaul of the state’s road network. With the approval of federal authorities, his government has taken over the rehabilitation of critical federal roads, ensuring seamless connectivity and facilitating economic growth. To date, the administration has constructed an impressive 1,000 kilometers of roads, including 400 kilometers of federal roads, thereby enhancing the state’s transportation infrastructure. This initiative has greatly improved connectivity and transportation within the state, boosting trade and commerce.
Agriculture has also received a significant boost under Governor Bago’s leadership. In pursuit of food sufficiency, the administration has purchased 300 tractors to bolster food production, demonstrating a clear commitment to agricultural development. This initiative has empowered local farmers, enhanced productivity, and contributed to the state’s economic growth. Additionally, the state has established a N3.5 billion Agricultural Development Fund to not only encourage youth participation in agriculture but also address economic and social essentials. This move not only enhances food production but also provides employment opportunities for the citizens, thereby improving their standard of living.
Niger State’s revitalized emphasis on agriculture is not only opportune but also harmonizes perfectly with the overarching national strategy to reinvigorate Nigeria’s quest for sustainable food security and economic prosperity. It is undeniable that Nigeria is currently grappling with what can be aptly described as economic instability, and mitigating this predicament necessitates a collective and concerted commitment to bolster agricultural advancement, thereby fostering a robust and resilient economic foundation for the nation.
The education sector, a vital cornerstone of societal development, has received paramount attention and consideration under Governor Bago’s visionary leadership. His unwavering commitment to education is manifest in concrete actions, such as the prompt settlement of outstanding fees owed by the state government to examination bodies, thereby demonstrating a tangible dedication to education reform. Furthermore, his administration has generously awarded scholarships to 1,530 final-year secondary school students, a testament to Governor Bago’s unrelenting passion for empowering the next generation through quality education. Additionally, a comprehensive renovation of dilapidated educational institutions has been ongoing, ensuring a conducive learning environment for students, while also upholding the Free Basic Education policy in the state, thereby fostering a culture of inclusivity and equal access to education for all. This gesture has not only alleviated the financial burden on students but also motivated them to pursue their academic goals with renewed enthusiasm.
However, the healthcare sector has also witnessed significant progress under Governor Bago’s leadership. The ongoing construction of the Ibrahim Badamasi Babangida University Teaching Hospital in Minna is a landmark project that will revolutionize healthcare delivery in the state. This state-of-the-art facility will provide citizens with access to quality medical care, reducing the need for medical tourism and enhancing the overall well-being of the population. Governor Mohammed Bago presided over the signing of a Memorandum of Understanding MoU between Niger Foods Ltd and The Niger State Contributory Healthcare Agency (NiCare) to provide access to health insurance for farmers in the state, ensuring a safer health for a healthy production and sustainability.
In addition to these projects, Governor Bago’s administration has also made significant strides in the areas of water supply, electricity generation, and youth empowerment. The administration’s commitment to providing clean water and electricity to all citizens has led to the construction of new water treatment plants and the upgrade of existing power infrastructure. Furthermore, the government’s youth empowerment programs have provided training and employment opportunities for thousands of young people, reducing unemployment and fostering economic growth.
Governor Bago’s administration has been marked by a commitment to developmental policies and a dedication to engaging indigenous professionals in all projects. This approach has not only ensured the quality of the projects but also fostered a sense of ownership and pride among the citizens. This initiative is not just about providing financial aid; it is about investing in the future of the state.
Governor Umar Bago’s administration has undoubtedly ushered in a new era of redemption for Niger State. Through his unwavering commitment to development, the state has witnessed a transformative resurgence in infrastructure, agriculture, education, and healthcare. As the state’s motto aptly puts it, “the power state,” Governor Bago’s actions have truly upheld the spirit of progress and development that Niger State was once known for.
The resurgence of Niger State is a clear demonstration that with the right leadership, commitment, and policies, a state can rise from the ashes and reclaim its glory. The touch of an extraordinary man called Mohammed Bago, gave Niger state an extraordinary rebirth. As the state continues on this path of redemption, its citizens can look forward to a brighter future, filled with hope and prosperity.
Rivers: APC-PDP Youth Forum Commends Court Judgement Nullifying Amendment of LG Law
The APC-PDP Youth Forum has welcomed the court judgement invalidating the amended Local Government Law proposed by the Martins Amaewhule faction of the Rivers State House of Assembly.
In a statement signed by its chairman, Comrade Nwogu Benjamin, the group which comprises leaders from the political parties, described the ruling as sound, impartial and outstanding.
The judgement was delivered in a suit numbered PHC/1320/CS/2024 which challenged the extension of tenure for LG chairmen for six months after the expiration of their term.
Justice D.G. Kio, presiding over the case, declared the amendment invalid, citing its inconsistency with the 1999 Constitution and Section 9(1) of the Rivers State Local Government law No. 5 of 2018.
Benjamin said the court has done justice to the spirit of the Constitution of the Federal Republic of Nigeria, thus saving the nation from the stranglehold of anarchists, emperors and saboteurs who mean no well for our democracy.
“We warmly commend the judiciary for its courageous and landmark judgment invalidating the amended local government law in Rivers State. This decision is a triumph of justice and a testament to the independence and integrity of our judicial system,” the group said.
“By this judgement, the proposed extension of the tenure of local government chairmen by six months after the expiration of their term has been declared invalid. Also, the governor still has the power to suspend local government council chairmen and appoint caretaker committees.
“By striking down the amended law, the court has upheld the principles of democracy, rule of law, and good governance. This judgment is a victory for the people of Rivers State and a reminder that the judiciary remains a bastion of hope for justice and accountability.
“We applaud the judges for their bravery and commitment to upholding the constitution and the law. Their decision demonstrates that the judiciary is willing to stand up for what is right, even in the face of adversity.
“We urge all stakeholders to respect the judgment and work towards entrenching democratic values and the rule of law in Rivers State. This judgment is a step forward in our quest for a more just and equitable society.”
The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, has lost his father.
Pa Suleimon Atanda Obasa, a businessman, passed on at the early hours of Tuesday at the age of 83.
Baba Obasa, a loving family man and community leader in his lifetime, was a successful businessman in the oil and gas and in the transportation sectors owning filling stations.
He was also reputed for his success in farming, through which many citizens have always been empowered.
A devoted Muslim, Pa Obasa dedicated his life to the service of Allah and mankind taking care of the needy and the less privileged.
He is survived by his wives, children and grandchildren among whom is the Speaker of the Lagos State House of Assembly.
His remains would be interred at 4pm in the Agege (Old Abeokuta Motor Road) area of Lagos State, according to Islamic rites.
NASRE Media Foundation Partners with Leadway Assurance and Presidency To Deliver Health, Education Support To Ailing and Deceased Journalists’ Families
NASRE Media Foundation, the humanitarian arm of the Nigerian Association of Social and Resourceful Editors (NASRE), extended support to media practitioners facing health or financial challenges, as well as the families of bereaved journalists, on Tuesday, May 14, 2024.
Ably supported by Leadway Assurance, one of Nigeria’s leading insurance companies specializing in life-business coverage and prompt claims payment, and the office of the Special Assistant to the President on Community Engagements, South West, the Foundation provided cash and grains to selected beneficiaries in the first phase.
Mr. Omodele Adigun, a former Deputy Business Editor at The Sun Newspaper, who is currently battling partial stroke, received cash and grains for health support. Mrs. Esther Peter Thomas, wife of the late Peter Thomas, a renowned entertainment editor and publicist for the former Mo’Hits Records, also received cash and grains support.
Similarly, Mrs. Adewole, the widow of the late Qudus Adewole, publisher of Ebony Media who passed away in 2021, received educational support and grains on behalf of their daughter, Yesmee, who was born shortly after Adewole’s death. In the same vein, Mr. Bolu received equivalent support on behalf of Peter, the only surviving son of the late Foluso Samuel, who worked with Encomium Magazine but passed away in 2015. Foluso Samuel’s wife and two of their three children have also died, leaving Peter, a JSS student, in Mr. Bolu’s care.
In a unanimous voice, the recipients prayed for the continued success of NASRE Media Foundation, Leadway Assurance, and the Presidency.
With discernible emotions and tears in their eyes, Mr. Adigun, Mrs. Esther Peter Thomas, Mrs. Adewole, and Mr. Bolu described NASRE as a dynamic group of experienced media professionals whose efforts are highly commendable. They prayed for the continued success of NASRE Media Foundation, Leadway Assurance, and the office of the Special Assistant to the President on Community Engagements, South West.
In an earlier remark, the President of NASRE and NASRE Media Foundation, Comrade Femi Oyewale, assured the recipients of continued support within available resources. He noted that NASRE Media Foundation was initiated to support media practitioners facing challenges. Stressing the need for support, Oyewale called on corporate organizations, public and private institutions, and individuals to support NASRE Media Foundation in whatever way possible.
“Media work is hazardous. We take the highest form of risks. We are on the road even in the middle of the night, ensuring that governments and institutions’ actions are anchored in truth for the overall benefit of citizens and taxpayers. The risks we embrace daily take a toll on our health, and when most of us are either deceased or down with ailments, nobody cares for us. These are part of the reasons we set up this Foundation to provide hope for colleagues in the face of hopelessness,” he explained.
Oyewale emphasized that the support extended to the four beneficiaries is just a small step given the large number of media practitioners on NASRE Media Foundation’s list who have truly pathetic cases and need support. “We are not going to rest on our oars. We have a long list of journalists and families of late journalists who need help. Some of the cases are really pathetic. We are committed to this noble cause. This is just the first phase,” Oyewale assured.
“I thank NASRE members for their commitment and dedication. I thank Leadway Assurance Plc and the office of the Special Assistant to the President on Community Engagements in South West for their support. We couldn’t have done this without you,” he appreciated.
“I call on corporate organizations, public and private institutions, and individuals to team up with NASRE Media Foundation in supporting journalists facing challenges to minimize the suffering associated with the job,” Oyewale, who was represented at the event by Idumonza Isidahomhen, Vice President of NASRE, requested.
Lagos Assembly Plans Geographic Information Law
– bill will create comprehensive database of Lagos state
– will curb issues involved in land ownership
A new bill that seeks to harmonise all geographic information service projects of Lagos is under consideration at the State House of Assembly.
The Lagos Geographic Information Service bill, which had stakeholders making contributions on Friday, is also aimed at establishing a computerised central database for all information relating to geospatial matters and related issues.
Section 4(2) of the bill says the agency’s responsibilities include introducing, implementing and sustaining best practices for all Geographic Information Systems (GIS) in the state as well as “develop and maintain an online platform that will contain all information and statistics on geospatial-related matters.”
Speaker of the House, Rt. Hon. Mudashiru Obasa, said the bill, when passed, would help in improving governance and boosting professionalism.
“It is targeted at integrating governance with advancements in technology. This is something we hope to always take advantage of so that our state can continue to be ahead in the area of development,” Dr. Obasa, represented by Hon. Stephen Ogundipe, a member of the House, said adding that the Assembly will always make the residents of the state its focal point.
Chairman of the House Committee on Physical Planning and Urban Development, Hon. Ogunkelu Sylvester, said the bill “shows a commitment and sincere
sense of duty on the part of the legislators of the state to put people’s interest at heart.
“Today’s public hearing means a lot to the improvement of
information technology and computerised central database in Lagos State.”
Ogunkelu, who represents Epe Constituency 2 at the House, described it as a bill that will cover the database of Lagos just as he commended the Speaker for his passion for the progress of the State.
“The bill will guide the government to have a database of everything concerning Lagos and in this case, you could be in your house and apply for a certificate of ownership on your property and have it without even visiting the Ministry.
“It will also cut sharp practices and curb fraudulent sales of land. For land, the database will have details of owners including their photographs,” he said.
Rasheed Makinde, a former lawmaker, commended the House for its proactiveness while some of the stakeholders suggested the involvement of professional bodies in the proposed law.
Tajudeen Abass: A Symbol Of Parliamentary Stability
By Toby Prince
To whom much is given, much is expected, so they say. But if much is given to you and you’re empty, you will dash the expectations of the waiting public.
For Rt. Hon Tajudeen Abbas, much was given to him and daily, he has continued to surpass all expectations. The number of votes he garnered to emerge Speaker of the 10th Assembly and the 15th Speaker of the Nigerian House of Representatives, 353 out of 359, speaks volumes about his personality and his acceptability by his colleagues. He left his other two challengers with only six votes to share among themselves to preserve their dignity.
For every election circle in the last 13 years, of which we have had 4 of them, Hon Abbas has been consistently elected by the people of Zaria Federal Constituency to represent them in the Green Chamber. Coming from the Zazzau Emirate in Kaduna State that boasts of so many intellectuals and electable materials, the confidence reposed in him by his people is a testament to his strength of character and expertise in the management of human resources and relations.
Rt. Hon Abbas was first elected in 2011 on the platform of the Congress for Progressive Change (CPC) at a time when the ruling Party in Kaduna State was PDP and one of their son and former Governor of the State, Arc. Namadi Sambo was the Vice President of Nigeria and running mate of the PDP presidential candidate in that year’s election.
A crown prince of the Zazzau Emirate otherwise known as Zaria, with the traditional title of Iyan Zazzau, Hon Abbas’ organic relationship with his people which he has now deployed in managing the House of Representatives can not be divorced from the career path he chose for himself after school. With all the opportunities available for a prince like him, he waved the privileges and went back to his roots to share the little knowledge he had acquired with the future generation by becoming a primary school teacher. He moved from there to become a lecturer at the Nuhu Bamali Polytechnic otherwise known as the Kaduna State Polytechnic and later moved to the Kaduna State University where he taught between 1993 to 2001. Today, there’s no facet of life in his community where you will not find one of his former students. That’s how to lay a solid and lasting foundation.
With a Bachelor’s and Master’s Degree in Business Administration from Ahmadu Bello University Zaria and a Doctorate Degree in Business Management from the Usman Danfodio University Sokoto, Rt. Hon Abbas is the first Doctorate Degree holder to be elected Speaker of the Nigerian House of Representatives. Coming from the Northern region believed to be backwards educationally, this is indeed a commendable feat.
Before venturing into politics in 2010, Hon Abbas had a brief stint in the private sector as he worked as a Marketing Manager at the Nigerian Tobacco Company, now known as the British-American Tobacco Company of Nigeria. His vast experience as a classroom teacher saddled with the responsibility of managing pupils and moulding their character and future, and his marketing skills in selling products prepared him adequately for the position he occupies today and the maturity he brings to the job is glaring for all to see.
Of his activities in parliament, between 2015 and 2019, Dr. Abbas is reported to have sponsored the highest number of bills in the 8th Assembly. Coming to the 9th Assembly between 2019 and 2023, he broke the glass ceiling by sponsoring a total of 74 bills out of which 21 were approved by the two chambers of the National Assembly, forwarded to the then President, Muhammadu Buhari for his assent and were signed into law. This is a new record for a legislator in any parliament across the continent of Africa.
He also served in different committees in the House between 2011 and 2023 and has an in-depth knowledge of the workings and functions of every committee in the House. He was the chairman of the House Standing Committee on Land Transport in the 9th Assembly, his last position before emerging as Speaker of the House. As Speaker, he saw the need to create monitoring and evaluation committees to help the House follow the implementation of projects to its logical conclusions which has given the House a handle on their oversight responsibilities.
Considering the amount of peace and tranquillity brought to the House by the Rt. Hon. Femi Gbajabiamila’s tenure as Speaker of the 9th Assembly, which was a sharp departure from what was obtainable in the 8th Assembly headed by Hon. Yakubu Dogara, Dr Abbas was stepping into a big shoe that many would have thought was oversized for him. But as gentle as a dove, he has raised the bar of leadership by being inclusive and embarking on extensive consultation with his colleagues before making decisions that impact everyone.
Hon Abbas sees himself as primus inter pares. He knows he’s first a representative of a federal constituency like all his other colleagues and his position as Speaker is as a result of the trust of his colleagues. In less than one year into the life of this parliamentary assembly populated by many freshers, Hon Abbas knows every one of the other 359 members by name, thereby giving every member a sense of belonging. This indeed can only be the hallmark of a teacher. As an experienced parliamentarian, the Speaker know exactly what his new colleagues need to know to excel in their legislative and oversight responsibilities and has continued to organise seminars, conferences and workshops for them to acquire these needed skills.
Considering the aloofness of the Executive arm of government to the immediate and peculiar needs of the different constituencies, the honourable speaker insists that constituency projects will continue to be part of the budgeting process. In his words, “By tailoring projects to the local context, we ensure that development is not just a concept discussed in the halls of the legislature but a reality experienced in the streets, villages and towns in Nigeria”. He made this statement at the inauguration of some constituency projects attracted by his predecessor and current Chief of Staff to the president, Rt. Hon Femi Gbajabiamila in Lagos. He derided critics of the scheme and promised to revive the ”Constituency Development Fund Bill” to institutionalise the scheme. This indeed gladdens the heart of his colleagues who know that without the Zonal Intervention Projects otherwise known as constituency projects, government presence will never be felt in their various communities that are not very visible on the national map.
At the presentation of the 2024 budget to the joint session of the National Assembly which was President Tinubu’s first since assuming office, Hon Abbas emphasised the importance of a peaceful working relationship between the executive and legislative arms of government. He promised that “the national assembly will support the government’s policies and programmes targeted at alleviating poverty, economic restructuring and diversification, as well as general social sector reform and development”.
But in working with the executive, Mr Speaker knows that the ultimate goal is the people and that’s why he informed the president and his entourage that “while we’ll give the budget accelerated consideration, we will diligently scrutinize it alongside Nigerians to ensure that when it is passed, it will be a budget that best addresses the most critical needs of our people”.
To the delight of his colleagues, Rt Hon Abbas has pushed over 50% of votes allocated to his office as Speaker to his fellow members and has continued to dip into his reserves to intervene on behalf of any member in critical or urgent need of a project. The Speaker considers the constituents of his colleagues as his and goes the extra mile to put smiles on the faces of Nigerians.
As we approach the first anniversary of this stable and inclusive session, members of the 10th Assembly could not have asked for a better leader than what they have got. With Rt Hon Tajudeen Abbas as Speaker, Members are guaranteed a memorable tenure as the focus of his leadership is to help his colleagues achieve their set goals.
With Rt Hon. Abbas as Speaker, Nigerians are assured of progress, peace and prosperity. The nation will continue the trajectory of transformation and consolidation. All we can do as citizens is to pray and support this God-sent leader.
Access Holdings Vests 23.8 million Units of Shares on Senior Executives
In line with the disclosure requirements of the Securities and Exchange Commission and the Nigerian Exchange Limited, Access Holdings Plc , Africa’s leading financial services group, has announced the award of 23.8 million ordinary shares to some of its senior executives and executives of Access Bank, its flagship subsidiary. This is in pursuant of the terms of its shareholders approved Employees Performance Share Plan.
Bolaji Agbede, the Acting Group Chief Executive Officer of Access Holdings, Roosevelt Ogbonna, the Managing Director/Chief Executive Officer of Access Bank, and six others were vested with 23,883,790 units of the Group’s shares, worth a combined N427.13 million.
This was disclosed via notices duly filed with the Nigerian Exchange Limited on Tuesday.
According to the filings, Ogbonna got the highest amount of shares totalling 12,345,679 units and worth N220.37 million, having been traded at N17.85 per share.
Agbede was vested with 2,216,992 units of shares, valued at N39.795 million.
Other directors, who had shares vested include Seyi Kumapayi, Executive Director, African Subsidiaries, Access Bank, with 1,234,568 worth N22.16 million; Iyabo Soji-Okusanya, Executive Director, Commercial and Investment Banking Division, Access Bank, with 1,691,308 at N17.95 per share. Her vested shares are valued at N30.36 million, and Chizoma Okoli, Access Bank’s Deputy Managing Director, Retail South, who got 1,728,395 units valued at N30.85 million.
Dr Gregory Jobome, Executive Director, Risk Management, and Hadiza Ambursa, Executive Director, Commercial Banking, were each vested with 1,728,395 valued at N30.85 and N31.02m respectively. Access Holdings’ Company Secretary, Sunday Ekwochi, was vested with 1,210,058 units of the Group’s shares worth N21.72m.
The shares were vested on May 3rd and May 6th.
The vesting of the shares is not a purchase or sale transaction in the context of the Exchange’s Rules.
Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR (Centre) flanked by the Group Managing Director/Chief Executive, Dr. Ebenezer Onyeagwu (Left) and the Deputy Managing Director, Dame (Dr.) Adaora Umeoji, OON (Right) during the 33rd Annual General Meeting (AGM) of the bank held at The Civic Centre, Victoria Island, Lagos yesterday.
Shareholders of Zenith Bank Plc, at the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Wednesday, 8 May 2024, approved the proposed final dividend payment of NGN3.50 per share, bringing the total dividend for the 2023 financial year to NGN4.00 per share, with a total value of NGN125.59 billion, which is the highest dividend payout by any bank.
In his opening statement at the Annual General Meeting, Dr. Jim Ovia, CFR, Founder and Chairman of Zenith Bank Plc, thanked the shareholders for their unflinching support and loyalty to the Zenith brand which has been instrumental to the bank’s consistent superior performance.
The Group Managing Director/Chief Executive Officer, Dr. Ebenezer Onyeagwu, thanked the Founder and Chairman, Jim Ovia, CFR, for his mentorship, which has been instrumental to his success in the last five years as CEO, and for providing the pedestal for the bank’s continued superior performance. In his words, “As I prepare to pass the baton to Dame (Dr) Adaora Umeoji, OON, I am confident in the bank’s trajectory under her leadership. I would like to express my profound gratitude to our Founder and Chairman, Dr Jim Ovia, CFR, and to the board, shareholders, customers, and staff for their steadfast support throughout my tenure. I earnestly request that you extend the same level of support to my successor. It has been a remarkable journey, and I am immensely proud of what we have accomplished together. As I commence the mandatory regulatory cooling-off period, I am filled with optimism for Zenith Bank’s future, assured that we are on the path to even greater success.”
Speaking on the dividend payout, Mrs. Bisi Bakare, National Coordinator of the Pragmatic Shareholders Association of Nigeria, expressed her delight in the exceptional performance of the bank, as evidenced by the numerous awards received during the 2023 financial year. She remarked, “We shareholders are very pleased today to receive a final dividend of N3.50 kobo from Zenith Bank. Following an interim dividend of 50 kobo paid last December, the total dividend for the 2023 Annual General Meeting amounts to N4.00— the highest in the banking sector to date. We truly appreciate this and are optimistic that the transition to a Holding Company will bring even greater returns. Zenith Bank’s numerous accolades this year clearly position it as the leading bank in the country. We anticipate that the 2024 AGM, marking the first year as a Holding Company, will be even more promising for Zenith.”
At the AGM, Dr. Faruk Umar, President of the Association of the Rights of Nigerian Shareholders (AARNS), expressed his gratitude to the Chairman for facilitating a seamless succession plan. He stated, “The bank has performed exceptionally well, particularly in terms of succession planning. It’s encouraging to see the new Managing Director promoted from within, reinforcing our belief in the bank’s leadership development. This internal promotion strategy motivates our staff, giving them confidence that they can aspire to the highest levels within the bank.”
Chief Timothy Adesiyan, President of the Shareholders Solidarity Association of Nigeria, praised the Chairman and Management of Zenith Bank for their consistent delivery of value to shareholders. He noted, “The bank’s rapid growth can be attributed to the diligent oversight by our Founder, who is also a core investor and actively monitors all operations. This growth is further supported by our adherence to strict corporate governance principles. The bank’s performance metrics are clearly delineated and managed by dedicated committees, ensuring accountability and responsiveness. As a stakeholder, I am very pleased with their performance and attentive response to any concerns raised.”
In spite of challenging macroeconomic conditions coupled with economic headwinds, Zenith Bank Group achieved a remarkable triple-digit growth of 125% in gross earnings, from NGN945.6 billion in the previous year to NGN2.132 trillion in 2023. This was driven by a 112% YoY growth in interest income and a 141% YoY growth in non-interest income. Customer deposits grew by 69%, reflecting the bank’s market leadership and customers’ trust. Operating expenses grew by 32% YoY.Total assets rose by 66%, largely due to growth in total deposits and the revaluation of foreign currency deposits
In 2024, Zenith Bank Group plans to expand its reach following its restructuring into a holding company structure, adding new verticals to its businesses and pursuing growth in all chosen markets, locally and internationally.
Zenith Bank’s track record of excellent performance has continued to earn the brand numerous awards, including being recognised as Best Bank in Nigeria, for the fourth time in five years, from 2020 to 2022 and in 2024, in the Global Finance World’s Best Banks Awards; the Best Bank for Digital Solutions in Nigeria in the Euromoney Awards 2023, being listed in the World Finance Top 100 Global Companies in 2023; being recognised as the Number One Bank in Nigeria by Tier-1 Capital, for the 14th consecutive year, in the 2023 Top 1000 World Banks Ranking published by The Banker Magazine; Best Commercial Bank, Nigeria, for three consecutive years from 2021 to 2023, in the World Finance Banking Awards; Best Corporate Governance Bank, Nigeria in the World Finance Corporate Governance Awards 2022 and 2023; Bank of the Year (Nigeria) in The Banker’s Bank of the Year Awards 2020 and 2022; Best in Corporate Governance’ Financial Services’ Africa, for four successive years from 2020 to 2023, by the Ethical Boardroom; Most Sustainable Bank, Nigeria in the International Banker 2023 Banking Awards; Best Commercial Bank, Nigeria and Best Innovation in Retail Banking, Nigeria in the International Banker 2022 Banking Awards.
Also, the bank emerged as the Most Valuable Banking Brand in Nigeria in the Banker Magazine Top 500 Banking Brands 2020 and 2021; Bank of the Year 2023 and Retail Bank of the Year for three consecutive years from 2020 to 2022, at the BusinessDay Banks and Other Financial Institutions (BAFI) Awards. Similarly, Zenith Bank was named Bank of the Decade (People’s Choice) at the ThisDay Awards 2020, Bank of the Year 2021 by Champion Newspaper, Bank of the Year 2022 by New Telegraph Newspaper, and Most Responsible Organisation in Africa 2021 by SERAS
