- Buhari beats 21-day requirement, avoids handover to Osinbajo
- NARD laments accumulated salaries, says FG fails to fulfil promise
The President, Major General Muhammadu Buhari (retd.), will on Friday proceed to London for “a scheduled medical follow-up.”
His Special Adviser on Media and Publicity, Femi Adesina, disclosed this on Thursday in a statement titled, ‘President Buhari off to London Friday for medical follow-up.’
The statement read, “President Muhammadu Buhari will proceed to London, the United Kingdom on Friday, June 25, 2021, for a scheduled medical follow-up.
“He is due back in the country during the second week of July, 2021.”
Buhari leaves for London at a time of looming threats of industrial action from the National Association of Resident Doctors.
Recall that the President had on Tuesday, March 30, 2021 embarked on a medical trip to London for a routine medical check-up and returned two weeks later.
If the President had stayed in London for more than three weeks during his March trip, it would have been mandatory for him to hand over to the Vice-President, Prof. Yemi Osinbajo, as demanded by the constitution.
At the time he was leaving in March, NARD declared its intention to commence a strike on April 1 and carried out its threat as resident doctors refused to work for over two weeks.
On Thursday again, NARD issued a fresh four-week ultimatum to the federal and state governments to address its demands including the payment of hazard allowances.
The association in a communiqué issued at the end of the virtual emergency National Executive Council lamented the failure of the government to fulfil the conditions it laid down with led to the suspension of its strike in April.
NARD said it observed that salary arrears of January, February and March of its members particularly in the University of Port Harcourt Teaching Hospital, University of Calabar Teaching Hospital and University College Hospital, Ibadan had been paid but was deeply worried about the re-accumulation of unpaid salaries in coming months if these members are not captured in the Integrated Payroll and Personnel Information System
The association also lamented the extortion of money from its members by the Lagos University Teaching Hospital under the guise of minimum wage while also stating that nothing had been done by the Federal Government to the implementation of national minimum wage and non payment of salaries since the suspension of the last strike.
NARD alleged that its members in Abia State University Teaching Hospital, Imo State University Teaching Hospital, University of Maiduguri Teaching Hospital, Ekiti State University Teaching Hospital and Barau Dikko Teaching Hospital were owed salaries ranging from 18 to one month.
“The NEC unanimously resolved that the total and indefinite strike action embarked upon by our members on April 1, 2021 should remain suspended and the Federal Government and State Governments be given four weeks to resolve the pending issues as stated otherwise risk the resumption of the strike.
It said except for Delta, Bayelsa, Enugu, Ogun and Oyo states, all the other states have yet to implement the new minimum wage for its members.
Meanwhile, there was no indication on Thursday that the President would be handing over power to Osinbajo.
PUNCH reports that when the President travelled for several months between 2016 and 2018, he transmitted power to his deputy.
However, in the last two years, Buhari has not done so for unexplained reasons.
In 2019, Activist, Inibehe Effiong, sued the President for travelling to the UK on vacation without transmitting a letter to the National Assembly empowering Osinbajo to take over in line with Section 145 of the constitution.
However, Justice A.O Faji ruled that Buhari was not under a duty to handover to Osinbajo unless he was absent for a period exceeding 21 days. The Presidency had also issued statements defending Buhari’s decision not to transmit power to Osinbajo.
ELEVATION OF OLU-ADDE OF EKINRIN-ADDE ROYAL STOOL TO FIRST CLASS STATUS BY THE EXECUTIVE GOVERNOR OF KOGI STATE, HIS EXCELLENCY YAHAYA ADOZA BELLO: HEARTY APPRECIATION
His Excellency, Alhaji Yahaya Adoza Bello, Kogi State Governor, Government House, Lokoja.
Through: The Honourable Commissioner for Local Government and Chieftaincy Affairs.
Your Excellency Sir,
With gratitude in our hearts and deep appreciation to your excellency,
we write to convey the eternal joy of the entire people of Ekinrin-Adde, home and in diaspora, for the great honour done to our community by your administration through the elevation of the stool of Olu-Adde of Ekinrin-Adde to the status of First Class in the Kogi State Traditional Council.
Our people and generations to come owe your excellency and your administration a great depth of gratitude for this unprecedented demonstration of goodwill and love. Whenever the history of Ekinrin-Adde is read, a special place of honour will always be reserved for you.You have really made us proud.
While wishing your Excellency’s administration continued success, we pray that God will take you from glory to higher glory in your future political aspirations and endeavors. we register our profound appreciation to your Excellency and your very dynamic and digital team of creative thinkers for this monumental elevation. You can always count on our support for your administration.
Elder Deinde .T. Komolafe (National General Secretary Ekinrin-Adde Community Development Association) on behalf of HRM Oba Anthony Bamigbaiye Idowu, AHEMAWORO 1, The Olu-adde of Ekinrin-Adde, The Olu-Adde in Council, the good people of Ekinrin-Adde Community Home and Abroad.
First Bank:We’re Yet To Receive Notice Of Otedola’s Majority Shares
Following the report of the founder and chairman of the Geregu Energy Group, Femi Otedola, acquiring the majority shares of FIrst Bank, FBN Holdings (FBNH) Plc, the Company stated it is yet to receive notification to that effect.
According to the statement sent by FBNH to the investing public on the Nigerian Exchange (NGX) Limited signed by the company secretary, Seye Kosoko, the attention of FBNH had been drawn to media reports on October 22, 2020 purporting that a certain individual has acquired significant shareholding interest in the Company, therefore making him the majority shareholder in the Company.
The statement further said that “As a listed Company, the shares of FBNH are publicly traded and sale and acquisition of shares is expected in the normal course of business. We operate in a regulated enrolment, which requires notification of significant shareholding by shareholders to the Company, where shares are held in different vehicles, further to which the Company will notify the regulators and the public as appropriate.
FBNH stated it is yet to receive any notification from the individual mentioned in the media report of such acquisitions, saying that FBNH will always notify the appropriate agencies and authorities whenever it receives any notice of significant shareholding by the shareholders and the company’s registrars.
It was reported that Otedola has been acquiring the shares of the FBNH through a vehicle, Calvados Global Services Limited. It is also likely that there could be other vehicles associated with Otedola who may have also been mopping up shares. FBNH currently has 34.7 billion of its shares floating freely meaning it is held by diverse shareholders. This makes the shares easy to acquire on the stock exchange.
Nairametrics said, “Otedola, through his proxies and investing vehicles, now owns over five per cent of the bank, setting himself up to be the single largest shareholder of the bank.
In the first half (H1) of the year ended June 30, 2021, FBNH reported a profit after tax of N38 billion up from N35 billion same period in 2020. Speaking on the H1 performance of the Company, the Group managing director, U.K. Eke said, “FBN Holdings delivered a resilient performance in the half year, reflective of our focus on strengthening the organisation in recent years.
“We remain committed to our strategic objective of driving further stability in performance, as well as delivering sustainable growth over the years to come. In line with our focus on revenue diversification, we continue to grow our non-interest income as we progressively become a more transaction-led institution and implement innovative and technological driven measures to improve overall efficiency.
“The macro and socio-economic conditions remain challenging given the COVID-19 pandemic and the low-interest rates environment. While these points negatively impacted overall revenue generation, we are confident that FBNH can navigate this challenging operating environment and keep delivering sustained innovative solutions that enrich customer experience as well as deepen financial inclusion.”
Omu Resort Takes Corporate Social Responsibility To New Level
Nigeria’s foremost resort, Omu Resort has taken its commitment to Corporate Social Responsibility (CSR), to an all-new height.
The family recreational and educational center located in the rainforest of Bogije, Ibeju Lekki, Lagos State boasts a plethora of fun activities including a state-of-the-art freshwater Seaworld, Museum, Animal Kingdom, Green House, Wax Museum, and an array of amusement rides.
The management of Omu Resort recently took its CSR works to a new height when in collaboration with the Bogije Branch of the Dredgers Association of Nigeria (DAN), it kicked off a multi-million Naira rehabilitation of the Asiwaju Bola Tinubu Way.
Prior to now, Asiwaju Bola Tinubu Way was one of the worst in the community; however, it took a turn for the better years back when Omu Resort kick-started an annual intervention project of maintaining the road.
However, the road has now taken a whole new look with the Bogije Branch of DAN collaborating with Omu Resort leading to the massive rehabilitation currently going on.
Speaking on what motivated the current exhaustive rehabilitation of the road, the General Manager of Omu Resort, Moji Ibaze said: “We have constantly paid year-in-year-out to have the road maintained, we are aware of the fact that we had invested billions in our resort. There was just no point having such a tourist attraction in place with no accessible roads.
“We had made overtures to the Lagos State government, but they have not been forthcoming. This year, the road had been unmotorable, hence the decision to partner with the Bogije branch of the Dredgers Association of Nigeria and do a thorough overhaul of the road.
“Needless to say that more work still needs to be done in the area of desilting and drainage flow.”
Reacting to the ongoing rehabilitation, Akeem Alade, a shop owner at Bogije market described the ongoing work on the road as a welcomed development. According to him, the road had been a pity sight, as traders at the Bogije Market are known to always empty their dirt into the drainage. When men are seen evacuating the waste, all they do is dump it by the roadside except on rare occasions when they cart them away, they hardly take the waste away, so they end up washing up into the drainage again when it rains. He noted that with the new look of the road; motorists and other road users would heavy a sigh of relief.
“This is a welcome development; you need to see what this road was like before this intervention. It has taken the duo of the resort and the association to bail us out of this situation and we really appreciate their effort.”
Bayo Adelaja while appreciating the efforts of those behind the road maintenance project wondered when it became the responsibility of associations and owners of businesses concerns to maintain roads, as he questioned the seemingly carefree attitude of the political representatives of the community.
“It is a shame that the politicians that we elected to represent us hardly think of our interest, the maintenance of this road is supposed to be the government’s business, but it has taken two private entities to solve a major challenge that dates back several years, what are the political representatives that we have at the federal, state and local government level doing, some of them even access this road?”
Omu Resort has become notable for treating both local and international guests a unique experience of the wonders of nature.
Sighted on a serene landmass of approximately 22 hectares and boarded to the North by the imposing clear waters of Omu Creek, the resort offers menicus coaster, water slides, a speed boat ride among others.
Having expanded its water slides to include speed slides and with the arrival of the resort’s Giraffes, Elan and Zebras, Omu Resort is definitely the place to be.
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