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TCN MD, Sule Abdulaziz appointed Chairman of West Africa Power Pool

The acting Managing Director of TCN, Sule Abdulaziz, has been appointed the new Chairman of WAPP.



TCN MD Abdulaziz, four other directors receive appointment letters

The acting Managing Director of Transmission Company of Nigeria (TCN), Sule Abdulaziz, has been appointed the new Chairman of the Executive Board of West African Power Pool (WAPP). Abdulaziz was nominated by the former Managing Director of Power Holding Company of Nigeria (PHCN), Joe Makoju, who is an honorary member of WAPP.

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This disclosure was made by TCN’s General Manager, Public Affairs, Mrs Ndidi Mbah, through a public statement in Abuja on Thursday, October 22, 2020.

In her statement, Mbah revealed that the West African Power Pool was created by Decision A/DEC.5/12/99 of the 22nd Summit of the ECOWAS Authority of Heads of State and Government, and adopted during the 29th Summit of the ECOWAS Authority of Heads of State and Government held in Niamey, Niger.

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The appointment was made during the 46th meeting of the WAPP Executive Board which was chaired by the Secretary-General of ECOWAS, Ki Sengui, and held through video conference on October 21.

The statement from Mba partly reads, “While making the nomination, Makoju noted that Abdulaziz is an expert in engineering with vast experience in the electricity sector and therefore will perform creditably as the new WAPP Executive Board Chairman.

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“His proposal was endorsed by MDs and Director Generals and other members of the board,” she said.

According to the statement, Abdulaziz in his acceptance speech thanked the board members and the honourary members for his nomination as the Chairman of the board and assured them of his total commitment to the overall objective of the regional electricity body.

READ: A bitter family feud has continued to hamper this company’s growth

He also expressed the need to move the pool to the next level of operational efficiency and solicited the support of member utilities, especially members of the executive board in this regard.

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He urged members to ensure prompt payment of their contributions to the pool and also continue to collaborate actively with the secretariat to ensure effective and efficient coordination and implementation of all WAPP programmes.

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Chike Olisah is a graduate of accountancy with over 15 years working experience in the financial service sector. He has worked in research and marketing departments of three top commercial banks. Chike is a senior member of the Nairametrics Editorial Team. You may contact him via his email- [email protected]

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CUTIX Plc announces appointment of non-executive directors

CUTIX Plc has notified stakeholders and the general public of the retirement of Board members and the appointment of new non-executive directors.



Cutix Plc, dividend

CUTIX Plc has notified customers, the public, and other relevant stakeholders of changes in its Board room.

The announcement is sequel to the decision reached at the 37th Annual General Meeting held by the company on the 27th of November, 2020 which ratified the retirement of Barr. (Mrs). Oge Maduka and Mr. Nnamdi Ike from the Board of the company and the appointment of Mr. Ike Okonkwo, Mrs. Ijeoma Ezeasor, and Mr. Ariyo Olushekun as non-Executive Directors, effective November 27, 2020.

This is according to a recent disclosure by the firm, sent to the Nigerian Stock Exchange, and seen by Nairametrics.

In addition, the firm also announced the appointment of Mrs. Ngozi Monica Okonkwo & Co as the new external auditor of the firm, replacing ANOC Professional service who resigned during the recently concluded AGM, after serving for more than nine years.

What you should know

According to the disclosure, the breakdown of the profile of the newly appointed Directors are;

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  • Mr. Ike Okonkwo: Mr. Ike Okonkwo is a project and property, management expert. Prior to joining CUTIX Plc, he had a brief stint with firms like Adtech Limited, Keywest Property Limited, Ponsel Nigeria Limited, among others. In terms of education, he is a graduate of IMT Enugu and Federal Polytechnic Oko, where he obtained HND in marketing and accountancy respectively. He is an associate member of both the Nigerian Marketing Association and the Nigerian Institute of Management.
  • Mrs. Ijeoma Ezeasor is a Policy Analyst with technical competence in industrial and economic policy. She is currently pursuing a doctorate degree (Ph.D) at the University of Nigeria, having bagged a Bachelors’s degree in Accountancy from the same institutions and a double Masters’s of Science degree in 2008 and 2011. She is a member of various organizations and thinks thank
  • Mr. Ariyo Olushekun: An authorized dealing clerk of the Nigerian Stock Exchange and the NASD Plc and registered with the Securities and Exchange Commission. He is an alumnus of YABATECH and the University of Lagos, where he obtained an HND in Accountancy and MBA in Marketing respectively. He has participated in various executive and professional development programmes at Harvard Business School, INSEAD.

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May & Baker announces the appointment Patrick Ajah as Managing Director

May and Baker Nigeria Plc has announced the appointment of Mr. Patrick Ajah, as the Managing Director.



Senator Danjuma, May and Baker Plc

The Board of Directors of May and Baker Nigeria Plc has announced the appointment of Mr. Patrick Ajah, as the Managing Director of the company, with effect from 1st January 2021.

This disclosure was made in a notification issued and signed by the Company’s Secretary, Mrs. Adetoun Abiru.

According to the notification, Mr. Ajah would be replacing Mr. Nnamdi Nathan Okafor as the Executive Director and Managing Director of the Company, with effect from 1st December 2020.

The board disclosed that this is according to the resolution passed at the Board Meeting of May & Baker Nigeria Plc, which held on Thursday, 26th November 2020 at the Muson Centre, Onikan, Lagos, after it had confirmed the retirement of Mr. Nnamdi Nathan Okafor as Executive Director and Managing Director of the Company.

(READ MORE: NIPC grants tax holiday to Honeywell, Savannah Sugar, 4 others with N175.28 billion investments)

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The statement said that Mr Ajah “is a passionate and visionary leader with over two decades of progressive experience and responsibility in a variety of business environments; from Pharmaceuticals to FMCG, Telecoms and Manufacturing.”

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Unilever announces the appointment of Jaime Aguilera as Non-Executive Director

Unilever Nigeria Plc has announced the appointment of Mr. Jaime Aguilera as a Non-Executive Director.



The Board of Directors of Unilever Nigeria Plc has announced the appointment of Mr. Jaime Aguilera as a Non-Executive Director.

This information was disclosed by Unilever in a notification issued and signed by the Company’s Secretary Abidemi Ademola.

According to the notification, the appointment of Mr. Aguilera as a Non-Executive will take effect from 1 January 2021.

However, the Board of Unilever disclosed that Mr Aguilera is a well-rounded business professional, with broad operational expertise while working for top FMCG companies.

What you should know

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Aguilera in 2009 joined Unilever Spain as EVP & Chairman. He was appointed as Executive Vice President Unilever Eastern Europe in September 2016. He has since then moved to his current role as Unilever Executive Vice President Africa, leading the Unilever business in Africa.

Prior to joining Unilever, he has been in Coca-Cola, Nestlé, and Procter & Gamble. His experience spans Europe, the Americas and Asia.

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