• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home People Appointments

Senate confirms appointment of board members for NDIC, law reform commission

Chike Olisah by Chike Olisah
June 9, 2020
in Appointments
National Assembly approves Federal Government’s plan to borrow $11 billion in 2021, Senate urges FG to diversify from crude oil to natural gas production , Senate seeks textile importation ban , Senate receives six aviation sector bills from Buhari , PenCom: Constitute a board, NASS and pension operators tell FG, Nigeria’s total debt now N33trn —Senate, Senate confirms appointment of board members for NDIC, law reform commission, Senate to confirm reappointment of Danbatta as NCC boss, Senate investigates claims of NELMCO, AEDC over govt asset, Senate Investigate Banks over customers exploitation and high fees, 2021 Budget: Senate sets motion for budget defense, commences 2020 review, #EndSARS: States affected by hoodlums should get 1% VAT - Senate, Senate approves National Emergency Medical Services Agency, State House clinic: FG has budgeted N3.5 billion for State House Clinic since 2017
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian senate has confirmed the appointment of 2 non-executive directors for the Nigerian Deposit Insurance Corporation (NDIC) and 3 members on the Board of Nigerian Law Reform Commission.

This was disclosed through some tweet posts on the official Twitter handle of the Nigerian Senate on Tuesday, June 9, 2020.

Those confirmed as non-executive directors for NDIC are Mrs. Diana Okonta who is representing the South-South region and Mrs. Ya’ana Talib Yaro, who represents the North-East region.

RelatedStories

Why do Nigerians fall for Ponzi schemes every time?

CBEX wealth chasers, NDIC, and the fate of depositors by Reuben Abati

April 29, 2025
NDIC goes after debtors of Heritage Bank, vows to pay uninsured depositors, creditors 

NDIC begins N46.6 billion liquidation dividend payments to defunct Heritage Bank depositors 

April 27, 2025

Also, the confirmed Board members for Nigerian Law Reform Commission are Professor Jummai A.M. Audi (North-Central) as the Chairman, Bassey Dan-Abia (South-South) as a commissioner and Mohammed Ibraheem (South West) as a commissioner.

The Senate, however, deferred the confirmation of Ebele Chima, one of the nominees for the Nigerian Law Reform Commission on the recommendation of the screening following his inability to appear before the committee.

READ MORE: COVID-19 Update in Nigeria

The appointment of these nominees was confirmed by the Nigerian senate following the report of the Committee on Banking, Insurance and other financial institutions headed by Senator Uba Sani and the committee on Judiciary, Human Rights and Legal matters which is headed by Senator Opeyemi Bamidele.

Opeyemi said that the committee after screening the nominees made the following findings; that the appointment of the nominees satisfies the relevant laws, that they possess the requisite qualifications, that there was no petition or adverse report against the nominees, that the committee is satisfied as to their experience, suitability, competence, requisite knowledge and that the nominees are fit and proper persons for the appointment.

Download the Nairametrics App

He said that President Buhari made the appointments pursuant to section 2 (1) and (2) of the Nigerian Law Reform Commission Act.

For the NDIC board member’s confirmation, Senator Uba Sani said that their nominations are to fill the vacuum in the NDIC, that they are conversant with the workings of the NDIC, that there was no petition against their nomination and were both cleared by the security agencies.

Mrs. Diana O. Okonta is confirmed as Non-Executive Director of the Nigerian Deposit Insurance Corporation (NDIC).

Mrs. Ya’ana Talib Yaro is confirmed as Non-Executive Director of the Nigerian Deposit Insurance Corporation (NDIC).#TodayInSenatePlenary

— The Nigerian Senate (@NGRSenate) June 9, 2020

Committee findings:
1. That their nominations are in accordance;

2. That their nomination is to fill the Vacuum in the NDIC;

3. That the Committee did not recover any petition in respect to their nomination;

4. The Committee has been cleared by security agencies; and

— The Nigerian Senate (@NGRSenate) June 9, 2020

Prof. (Mrs.) Jummai A.M. Audi is confirmed as Chairman of the Nigerian Law Reform Commission.

Barr. Bassey Dan-Abia is confirmed as member of the Nigerian Law Reform Commission.

Hon. Mohammed B. O. Ibraheem is confirmed as member of the Nigerian Law Reform Commission.

— The Nigerian Senate (@NGRSenate) June 9, 2020

The confirmation of Hon. Ebele Bernard Chima as member of the Nigerian Law Reform Commission is deferred.#TodayInSenatePlenary

— The Nigerian Senate (@NGRSenate) June 9, 2020

 

 

 


Follow us for Breaking News and Market Intelligence.
Tags: Mrs. Diana OkontaMrs. Ya’ana Talib YaroNDICNigerian Law Reform Commission
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Related Posts

Why do Nigerians fall for Ponzi schemes every time?
Op-Eds

CBEX wealth chasers, NDIC, and the fate of depositors by Reuben Abati

April 29, 2025
NDIC goes after debtors of Heritage Bank, vows to pay uninsured depositors, creditors 
Financial Services

NDIC begins N46.6 billion liquidation dividend payments to defunct Heritage Bank depositors 

April 27, 2025
NDIC goes after debtors of Heritage Bank, vows to pay uninsured depositors, creditors 
Financial Services

NDIC to pay first tranche of Heritage Bank liquidation dividends in April 2025 

March 30, 2025
NDIC
Financial Services

NDIC urges Nigerian financial institutions to deploy AI for fraud detection

December 1, 2024
Multichoice, FCCPC
Business News

Multichoice Group writes off N31.6 billion in Nigeria’s liquidated Heritage Bank 

November 14, 2024
NDIC, Heritage Bank Plc
Financial Services

NDIC to auction defunct Heritage Bank’s landed assets next month 

November 11, 2024
Next Post
diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele  , Increasing food prices might erase chances of CBN cutting interest rate   , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million  , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

COVID-19 Intervention Fund: CBN disburses N107.45 billion to successful beneficiaries

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
first bank
Zenth Bank









DUNS

Recent News

  • Lagos Govt grants extension for removal of buildings along Ikota River in Lekki estates 
  • Nigerian Senate passes final two tax reform bills, paving way for presidential assent 
  • All-Share Index shatters 109,200-barrier at N68.6 trillion cap, prints the highest high ever 

Follow us on social media:

Recent News

Lagos govt mandates permits for amplified sound in nightclubs, worship centres 

Lagos Govt grants extension for removal of buildings along Ikota River in Lekki estates 

May 8, 2025
President Tinubu appoints Ibrahim Gaga as new Executive Director of NEXIM Bank  

Nigerian Senate passes final two tax reform bills, paving way for presidential assent 

May 8, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics