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OSINBAJO, JONATHAN, GOWON, SANWO-OLU, OTHERS ATTEND SHONEKAN’S FUNERAL IN LAGOS

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Dignitaries at the Shonekan funeral
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…He Lived An Extraordinary Life – Osinbajo

…Sanwo-Olu: Nigerians Will Remain Appreciative Of Shonekan’s Stabilizing Influence On Polity.

Vice President Yemi Osinbajo, former President Goodluck Jonathan, ex-Head of State, General Yakubu Gowon (rtd), Secretary to the Government of the Federation, Mr. Boss Mustapha, Governors Babajide Sanwo-Olu (Lagos), Dapo Abiodun (Ogun) and Godwin Obaseki (Edo) and other eminent Nigerians on Friday attended the funeral service of former Head of Interim National Government, Chief Ernest Shonekan.

The service held at the Cathedral Church Of Christ, Marina in Lagos and presided over by the Primate and Metropolitan of the Anglican Communion (Church of Nigeria), Most Revd (Dr.) Henry Ndukuba, was also attended by Ministers of Information and Culture, Alhaji Lai Mohammed; Trade and Industry, Otunba Niyi Adebayo; Mines and Steel Development, Arc Olamilekan Adegbite; State for Health, Senator Olorunnimbe Mamora; State for Works and Housing Alhaji Mu’Azu Jaji Sambo, former Ogun State Governors, Senator Ibikunle Amosun and Otunba Gbenga Daniel and former Kano State Governor, Senator Rabiu Kwankwaso, among others.

Speaking at the event attended by hundreds of Anglican Bishops and priests, religious leaders, politicians, captains of industry, entrepreneurs, as well as family, friends and associates of the deceased, Vice President Osinbajo said late Shonekan lived an extraordinary life.
Osinbajo, who described the late Shonekan as a man of destiny just like Nigeria is a nation of destiny, said the former Head of Interim National Government had respect for all and there was a way he carried himself through life.

The Vice President also praised Shonekan’s contributions to Nigeria, first as a business guru and later as Head of Federal Government, adding that the deceased believed that national development was achievable if there was a deep collaboration between the public and private sector.
He said: “Chief Shonekan lived an extraordinary life.

“He is a man of destiny just like Nigeria is a nation of destiny. He believes that national development is achievable if there is a deep collaboration between the public and private sector.”
In his sermon, former Primate and Archbishop of Abuja Diocese, Anglican Communion (Church of Nigeria), Most. Revd Peter Akinola, said the late Shonekan put his life on the line for the sake of Nigeria by serving as the Head of the Interim National Government during the turbulent time in Nigeria’s political history.

The clergy said Shonekan had done that which God enabled him to do for himself, his family, the church and Nigeria

The Bishop said that many people advised Chief Shonekan not to take up the job of heading the interim government because of the risk of a coup, but Shonekan considered Nigeria to be more important.

The Bishop who noted that even the church refused to give the late Shonekan the benefit of the doubt while some political opportunists demonised him and called him unprintable names.

“He put his life on the line for the sake of this country. Perhaps, we would like to know that Chief Shonekan was not completely unaware that the coup would take place.

“Shonekan not being a typical ambitious Nigerian politician, he refused to do many things to preserve himself in office. A typical Nigerian politician will do everything possible to continue in office, come rain come fire.”

Governor Sanwo-Olu also paid glowing tributes to the late former Head of Interim National Government, saying generations of Nigerians will remain appreciative of Shonekan’s courage, sacrifice and stabilising influence on the polity.

He said Chief Shonekan in his calm and unflappable manner, steered the course of the country, during his tenure as Head of the Interim National Government until the military intervention that followed, noting that it was a courageous thing for him to do, at such a turbulent time in Nigeria’s history.

Speaking on Thursday at the Wake Keep Service and Night of Tributes for Ernest Shonekan held at Victoria Island in Lagos, Governor Sanwo-Olu described the former Chairman and Managing Director of the United Africa Company of Nigeria (UACN) as a foremost and highly respected industrialist and corporate administrator; a first-class boardroom guru with an enviable track record.

The Governor said whether in the boardroom or in the Council Chamber, the late Shonekan could be counted on as a wise, calm and mature statesman.

He said Shonekan heading UACN in his early 40s made him a leading source of inspiration and a role model to generations of high-flying Nigerians behind him.

“Nigeria has lost a truly great man, a true leader and visionary, a man whose immense success in life did not alter his essential humility and goodness.

“The flood of tributes in the wake of Chief Shonekan’s passing attest to the kind of human being he was. You can also look around at the caliber of persons who have gathered here this evening, in his honour,” he said.

Governor Sanwo-Olu while speaking on the legacy of the deceased told the widow of the former Head of Interim National Government, Mrs Margaret Shonekan, his children, grandchildren, and the entire family, to know that “his place in our hearts will never be diminished.”

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SANWO-OLU URGES RESIDENTS TO STAY CALM OVER CASH SCARCITY

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Lagos State Governor Babajide Sanwo-Olu
Lagos State Governor Babajide Sanwo-Olu
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The Lagos State Government has observed the tension caused by the slow release of cash through Automated Teller Machines (ATMs) and within banking halls.

Governor Babajide Sanwo-Olu today joined a delegation that met with President Muhammadu Buhari in Abuja to deliberate on measures to remove the hardship caused by the scarcity of the new currency.

In a statement signed by the Hon. Commissioner for information, Mr Gbenga Omotoso, Mr. Sanwo-Olu urges residents to remain calm as the government is doing everything possible to normalise the situation. The Central Bank of Nigeria (CBN) has promised to put measures in place to ensure residents have access to currency notes released to banks.

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Buhari inaugurates new MOFI Board

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President Muhammadu Buhari
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President Muhammadu Buhari has charged the Ministry of Finance Incorporated (MOFI) to grow its Assets Under Management from the current value of N18 trillion to at least N100 trillion in the next 10 years.

The president gave the charge at the launch of the new MOFI and inauguration of the Governing Council and Board of Directors of the body shortly before the commencement of the Federal Executive Council meeting.

The president also tasked the new board to “be the clearing house for the management of Federal Government’s investments and assets in line with global best practices with a view to ensuring that these investments are delivering superior risk-adjusted returns to the government.”

He also called on the new MOFI to work with other Ministries, Departments and Agencies (MDAs) to create a consolidated national assets register with a view to converting them into cash-flow-generating entities.

This, he said, would support the government’s revenue drive.

Buhari urged members of the board to work with the government with a view to using government-owned investments and assets to support the government in delivering on its social and economic obligations to the citizenry.

He, therefore, directed the Minister of Finance, Budget and National Planning, Dr  Zainab Ahmed to commence the process of amending the MOFI Act and other legislations to further institutionalize this reform.

According to him, the amendments when carried out, would ensure that MOFI was restructured and repositioned to become a trusted custodian and manager of Federal Government’s investments and assets.

Buhari said the event was significant as the restructured MOFI would help identify “what we own” and how to get the best out of them.

According to the president, the MOFI Act of 1959, now Cap. 229, Laws of the Federation, 2004, explicitly empowers MOFI to enter into commercial transactions of any description on behalf of the Federal Government in its own name.

He said that MOFI was used as a Special Purpose Vehicle across different sectors to invest in commercial entities over the last 64 years, adding that MOFI was created even before Nigeria’s independence.

In her remarks, the Minister of Finance, Budget and National Planning thanked Buhari for his support and approvals that had made the restructuring and repositioning of MOFI possible.

According to the minister, the council members and board will ensure that the new MOFI delivers on its mandates.

The governing council is chaired by the President, with the Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, as Vice Chair.

It’s members include: The Minister of State, Petroleum Resources, Timipre Sylva; Aviation, Hadi Sirika; Industry, Trade and Investment, Niyi Adebayo and Transportation, Mu’azu Sambo.

Others are: Governor of the Central Bank, Dr Godwin Emefiele and three experts appointed by the President, namely: Prof. Muhammad Sagagi, Dr Ayo Teriba and Prof. Ken Ife.

The board members include: Former Finance Minister, Shamsudeen Usman as Chairman, Permanent Secretaries of the Ministries of Finance and Petroleum Resources and acting Accountant-General of the Federation.

Others are; Olawale Edun, Fatima Mede, Ike Chioke, Muhammad Nda, Alheri Nyako and an executive from the Central Bank of Nigeria (CBN) are also members of the board

Members of the Executive Management Team are: Dr Armstrong Takang, Managing Director, Eric solo, Executive Director, Chief Portfolio Officer, Sani Yakubu Chief Investment Officer and Oluwakemi Owonubi, Chief Risk Officer.

 

 

(NAN)

 

 

 

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Polls: NBC warns broadcasters against compromising national unity

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National Broadcasting Commission
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The National Broadcasting Commission (NBC) has cautioned all broadcasters against compromising national unity while covering forthcoming  general election.

The Director-General of NBC, Malam Balarabe Ilelah issued the warning in a statement, on Wednesday in Abuja.

He said: ”The National Broadcasting Commission wish to again, remind all broadcasters covering the forthcoming general elections to take note of the provisions of the Nigeria Broadcasting Code, and other relevant regulations guiding the broadcast of elections in Nigeria.

”The commission has observed, with deep concerns, how ethics and ethos have been thrown to the winds by politicians using broadcast media platforms.

”This is against the provisions of the Nigeria Broadcasting Code, which provides that in using materials for news and current affairs programmes, the broadcaster shall avoid hate speech, inflammatory, derogatory and divisive remarks or allusions.

”The commission notes that some station now glamorise these situations on their platforms. The NBC reiterates that such stations shall pay for their professional misdemeanor.”

Ilelah said for the avoidance of doubt, broadcasters were advised to note the sections of the Nigeria Broadcasting Code which provides that the broadcaster shall promote human dignity.

He added: “Therefore, hate speech is prohibited. Section 3.11.1 (a) states that all broadcasters should ensure that language or a scene likely to encourage or incite to crime, or lead to disorder, is not broadcast.

“Also, section 3.11.1 (b) advice broadcaster to ensure that no programme contains anything which amounts to subversion of constituted authority or compromises the unity or corporate existence of Nigeria as a sovereign state.

“Similarly, section 5.4.1 (f) prohibit broadcasters from transmitting divisive materials that may threaten or compromise the indivisibility and indissolubility of Nigeria as a sovereign state.”

Ilelah said that section 5.3.3 (g) urged broadcasters to ensure that a political broadcast was clearly identified as such, and not presented in a manner that would mislead the audience to believe that the programme was of any other type.

“Also, section 5.3.3 (j) enjoin broadcasters to ensure that the broadcast of a partisan political campaign, jingle, announcement and any form of partisan political party identification or symbol ends not later than 24 hours before polling day.

“The NBC ACT CAP N11, Laws of the Federation of Nigeria, 2004, also prescribes, in the Third Schedule 12(6) that “A Licensee shall be responsible for the content of the Station’s Broadcast.

”The commission enjoins all broadcasters to desist from using or allowing their platforms and facilities to be used by politicians, their supporters and or sympathisers, for the broadcast of contents that may lead to the breakdown of law and order,” Ilelah

He said that broadcasters were therefore expected to perform the role of peace agents by adhering to the principles of responsibility, accuracy and neutrality.

 

 

(NAN)

 

 

 

 

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