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Appointments

President Buhari appoints new heads for Nigeria Correctional Service, NSCDC

President Buhari has appointed new heads of the Nigeria Security and Civil Defence Corps and the Nigeria Correctional Service.

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FG to establish Infrastructure company for critical investments in projects, Survival Fund: FG changes website due to operational challenges, FG orders Nigerians with bank accounts to fill, submit Self-Certification forms, Buhari orders payment of stranded NDDC scholarship students, commision gives reason for delay, President Buhari Democracy Day speech

President Muhammadu Buhari has appointed Abubakar Audi as the new Commandant-General of the Nigeria Security and Civil Defence Corps (NSCDC).

He replaces Abdullahi Muhammadu who retired from service after completing his term as commandant-general.

The President has also nominated Haliru Nababa as the new head of the Nigeria Correctional Service (former Nigerian Prison Service).

According to a statement signed by the Director of Press and Public Relations of the Federal Ministry of Interior, Mohammed Manga, on February 18, this was disclosed by the Minister for Interior, Rauf Aregbesola.

READ: Buhari sends 2021 budget proposal of Nigeria Police Trust Fund to National Assembly

What the statement from the Federal Ministry of Interior is saying

The statement from the Ministry of Interior reads, ‘’President Muhammadu Buhari GCFR has approved the appointment of Ahmed Abubakar Audi PhD, mni as the new Commandant-General of the Nigeria Security and Civil Defence Corps (NSCDC) following the retirement from service of Abdullahi Gana Muhammadu.

‘’Ahmed Audi, emerged the top best candidate out of those that went through the transparent selection process initiated by the Ministry of Interior through the Board to ensure that the most suitable among the top-ranking officers in the service was appointed to replace the out-going Commandant-General of the NSCDC.

READ: President Buhari vows to protect all religious and ethnic groups

‘’Furthermore, President Muhammadu Buhari has also nominated Haliru Nababa mni, as the new Controller-General of the Nigerian Correctional Service (NCoS), subject to the confirmation of the Senate in line with the provision of the new Act establishing the Nigerian Correctional Service 2019.

‘’The Minister of Interior and Chairman, Civil Defence, Correctional, Fire and Immigration Board (CDCFIB), Ogbeni Rauf Adesoji Aregbesola who congratulated the new appointees, called on them to ensure full implementation of the mandate of their services as well as to ensure synergy with other security agencies in the country with the view to providing efficient internal security services and citizenship integrity for Nigerians and foreigners alike in line with the policy thrust of the President Muhammadu Buhari-led administration.’’

READ: E-Citizenship automation has generated N2 billion for FG – Interior Ministry

What you should know

  • The Nigerian Correctional Service, formerly known as Nigerian Prison Service is a government agency of Nigeria, headquartered in Abuja and operates prisons. It is under the supervision of the Ministry of the Interior and the Civil Defence Immigration and Correctional Service.
  • Nigeria Security and Civil Defence Corps is a paramilitary institution that was established in May 1967 by the Nigerian Government, with the act of the National Assembly. The act was amended in 2007, to enhance the statutory duties of the corp. Nigerian Security and Civil Defence Corps is a para-military agency of the Government of the Federal Republic of Nigeria that is commissioned to provide measures against threat and any form of attack or disaster against the nation and its citizenry. The corps is statutorily empowered by lay Act No. 2 of 2003 and amended by Act 6 of 4 June 2007.

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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Appointments

Cornerstone Insurance Plc appoints Ogechi Adeola as Director

Dr Ogechi Adeola has been appointed as an Independent Non-Executive Director at Cornerstone Insurance Plc.

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Cornerstone Insurance Plc has appointed Dr Ogechi Adeola as its new Independent Non-Executive Director, subject to ratification by members at general meeting.

This is according to a notification sent to the Nigerian Stock Exchange platform, dated 24th of February, 2021, as seen by Nairametrics.

READ: United Capital earmarks total dividend of N4.2 billion for shareholders

Dr. Adeola’s profile

Dr. Adeola has over two decades of work and consulting experience in the Nigerian Financial services sectors. She is an Associate Professor of Marketing at the Lagos Business School and an alumna of the Manchester Business School, United Kingdom.

On the other hand, Cornerstone Insurance closed trading today (24th of February, 2021) at the floor of the Nigerian Stock Exchange with a share price of N0.59.

Results from the recently released FY 2020 financials posted by the firm showed that gross premium written increased from N13.06 billion in 2019 to N17.6 billion. However, profit for the period declined to N1.6 billion, from N4.11 billion recorded in 2019.

READ: CWG confirms Adeyipo’s appointment as MD

What you should know:

Cornerstone Insurance Company Plc is a Nigerian-based insurance company offering services in the life and non-life categories.

It was incorporated on the 26th of July, 2021, initially as a private limited liability and subsequently became a public limited liability after its listing on the Nigerian Stock Exchange in 1997.

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Appointments

Chams appoints new directors following the demise of Prof. Ibidapo-Obe

The Board of Chams Plc has approved the appointment of new Non-Executive Directors of the company.

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The board of Chams Plc following the sudden passing of Professor Oyewusi Ibidapo-Obe has approved the appointment of new Non-Executive Directors of the company.

This disclosure was contained in a press statement issued by the Company Secretary, Yetunde Emmanuel.

According to Yetunde, the Board of Directors of the company in a bid to ensure a hitch-free operation of the company’s segments as well as the oversight function of the Board approved the appointment of Olusegun Oloketuyi and Olamojiba Bakare as Non-Executive Directors effective 18th February 2021.

It is important to note that the appointment of the new directors is subject to the ratification of the Shareholders of the company, at the company’s Annual General Meeting (AGM).

The Board expressed heartfelt condolences to the wife, children, immediate and extended family of Professor Oyewusi Ibidapo-Obe, praying that the Lord grants them the fortitude to bear this difficult loss.

About the newly appointed directors

Oloketuyi has formerly served as Managing Director and Chief Executive Officer of Wema Bank Plc. He also served as General Manager, Business Optimization Division and Executive Director of Business Development at Skye Bank Plc. He also served as Deputy General Manager, Corporate and Commercial Markets at Polaris Bank Plc (formerly Prudent Bank Plc) and as its Executive Director of Finance and Enterprise Risk Management.

Bakare is a seasoned international lawyer with almost 20 years’ experience in the Corporate world, 15 years of which was as a practicing Solicitor in the United Kingdom.

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