Business
Senators attack Acting President, Yemi Osinbajo over appointment of Ibrahim Magu
The Senate on Tuesday called out Nigeria’s Acting President Yemi Osinbajo to a constitutional fight over Ibrahim Magu, the acting chairman of the Economic and Financial Crimes Commission.
The Senators unanimously resolved today to suspend all confirmation requests from the executive until decisions of the legislature are respected by Acting President Yemi Osinbajo.
One of the decisions was the non-confirmation of Magu twice by the senate. Senators now wanted Magu sacked immediately.
In a four-prayer motion unanimously adopted by the lawmakers, the Senate frowned at a statement credited to the Acting President Prof. Yemi Osinbajo that the Senate had no power to confirm the chairman of the EFCC.
The decision of the Senate arose from a motion raised by Senator Ahmed Sani following a letter requesting the confirmation of Mr Lanre Gbajabiamila as Director General of the National Lottery Commission.
With particular reference to the rejection of the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, the Senate insisted that the Executive must respect the constitution of the Federal Republic of Nigeria or go to court to seek a redress.
The upper legislative chamber stressed that it was an illegality for Magu to still be parading himself of the chairman of the Commission after being rejected by the body constitutionally empowered to approve or reject his appointment.
The Acting President Prof. Yemi Osinbajo was credited as saying that the Senate does not have power to reject the appointment of Magu as Chairman of EFCC.
The Senate therefore frowned at the comment credited to the acting president and approved the following prayers:
“That the Senate suspends all issues relating to confirmation of nominees from the executive until all issues of confirmation as contained in the constitution and laws of the Federation are adhered to.
“The Acting President must respect the constitution and laws as it relates to confirmation of appointments.
“The Acting President should immediately respect rejection of nominees by the senate yes.
“The Acting President should withdraw the statement credited to him that the Senate does not have the power to confirm certain nominees,” the Senate approved.
This is the second time the senate is taking a resolution against the executive for its refusal to adhere to the rejection of Magu and the Chairman of the EFCC.
In March, the Senate suspended the confirmation of INEC Resident Electoral Commissioners to protest the refusal of the executive to implement the legislature’s rejection of Magu as EFCC boss.
The President of the Senate Bukola Saraki who commended Sen. Sani for the motion stressed that the Senate could not continue to make laws and resolutions that would be flagrantly disobeyed.
He urged the Acting President to take appropriate actions on all resolutions and laws of the Senate.
“Distinguished colleagues, let me thank Senator Yerima for coming under Privileges. I think this matter is a very important matter but I think we need to address it once and for all and put it behind us.
“As a society, we can’t pass laws and see these laws not being obeyed. It is very clear these resolutions as passed must be acted upon by the Acting President and ensure that we continue to respect our democracy, our laws and constitution.
“It is not for us to choose which laws we obey and which laws we don’t obey. That is not the way any civilised, modern society works.
“We hope that the Acting President will take appropriate action in line with these resolutions,” he said.
While contributing to the motion, Deputy President of the Senate Ike Ekweremadu said that the constitutional provision upon which Osinbajo made his comment only applied to personal staff of the President.
Ekweremadu therefore stressed that the Senate is adequately empowered by law to confirm or reject any appointment by the President.
Sen. George Thomson Sekibo said that it appeared like there was a calculated action to quieten the National Assembly.
He however stressed that there was a clear constitutional provision that empowered the Senate to confirm all appointees of the President.
“If the Acting President says we do not have power to return any nomination I wonder if he is in touch with the EFCC Act: The EFCC Act states that the President shall nominate and Senate will confirm.
“If you reject one law, you have will reject the constitution. The Constitution did not give room for acting appointment after a nominee has been rejected by the Senate.
“If the Acting President says we do not have the power to confirm and then turns around to send us a nomination, which one do we now take?
“I think Senate should put a suspension on this nomination until this issue is resolved so that we know if we have the power to confirm or not,” he said.
For Sen. Isah Hamman Misau, sending a candidate to the senate for confirmation amounted to double standards by the Acting President Osinbajo.
He said that the senate must stand and face the challenges against the institution.
“If the executive was not ready for democracy then they should tell us and propose another system of government,” he said.
Senator Sam Anyanwu in his view said that the Senate should not even be accepting nomination letters from the executive, let alone considering them on the floor of the Senate.
He said that the comment of the Acting President had given impetus for more comments, adding that a report this morning was calling for the senate to be scrapped.
“We must try to stand our ground. If the leadership doesn’t do anything about this matter within 48 hours, we would move against this leadership,” he said.
Senator Dino Melaye, who is currently facing threat of recall, also added that the senate must not accept the comment of Prof. Osinbajo.
Melaye said that the National Assembly which is a mark of democracy, must not be allowed to be destroyed.
“It is time for the Senate to tell the executive arm of government that it must stop approbating and reprobating.
“Magu came for a job interview and failed and he was rejected. As we speak, Magu is still parading himself as the chairman of EFCC.
“The integrity of the Senate is at stake. This senate cannot be disregarded and insulted: our authority to confirm cannot be eroded.
“I am moving a motion that it becomes abominable to read any other confirmation report in this chamber until they act on our position.
“Those who have failed should go back. Magu is not the last Nigerian Angel. He can serve this country in another capacity,” Melaye said.
Senator Olusola Adeyeye, the Chief Whip of the Senate reminded the executive that the difference between Military rule and Democracy was the existence of the legislature.
“Whether you serve in the executive, legislature or judiciary, everyone is called to obey the laws of the republic.
“If there is any law passed by NASS, signed by the President and gazetted, no one has the permission to dance around that law.
“Whoever has a problem with any law should go to court. Until a court declares it null and void, it remains the law of the land. Anyone who does not respect it is breaking the law of the land.
“I want to say here that I voted yes for Magu, but this is not about my view. The Senate of the Federal Republic of Nigeria voted no and I stand with the Senate.
Egbe Obaneye Okunrin Earmarks #15m To Empower Members At SME Business Seminar
SAHARA WEEKLY Reports That One of the fastest growing age-groups, otherwise known as Regbregbe in Ijebuland, Egbe Obaneye Okunrin Akile-Ijebu will on Tuesday, May 28, 2024 hold the second edition of its SME Business Seminar.
The event which promises to be business friendly and educative has been scheduled for Chinese Hall, of the upscale Conference Hotel, Ijebu-Ode, the heartbeat of Ijebuland.
According to a statement by the headship of the Regberegbe, Giwa Oluseye Yusuf, the group through its Baba Egbe has earmarked #15m for the empowerment of 10 members during the SME business seminar to be anchored by Mr Bola Bhadmus, CEO WelthBrifge Asset Management Limited.
‘You are cordially invited to the Idokowo Egbe Obaneye 2.0 SME seminar, where industry experts and thought leaders will share insights and strategies for small and medium-sized enterprises to thrive in today’s dynamic business landscape. Join us for a morning of networking, learning, and growth’.
Business
How RealtorMax became one of the fastest-growing real estate companies in Nigeria – Mike Adeyemi
How RealtorMax became one of the fastest-growing real estate companies in Nigeria – Mike Adeyemi
Nigeria’s real estate industry has witnessed significant growth in recent years, with many companies battling for a stake in the market.
However, RealtorMax, owners of Urbanmax Estate, Owode Obafemi, Ogun State and Aje: The Wealthy Residence, in Ibeju Lekki area of Lagos stood out to emerge as one of the fastest-growing real estate companies in the country.
Based in Lagos and founded a few years ago by Mike Adeyemi, an innovative young entrepreneur, Realtormax has achieved success in a relatively short period.
The company’s vision to redefine affordable housing in Nigeria and across Africa has been the driving force behind its operations, and it has remained committed to this mission since its inception.
According to Adeyemi, its commitment to developing new towns around the metropolis by not just selling lands but holding buyers by their hands and guiding them towards owning their dream homes whether luxury or affordable set apart the ambitous and fast growing firm from other real estate companies in Nigeria.
The company is not just a facilitator of land purchases; it takes a hands-on approach by engaging in project management, providing critical infrastructure, offering building materials at highly doscounted rates, providing amenities such as internet, banks and road, as well as consulting. This approach ensures that clients receive fully realised and developed their choice properties with minimal stress.
Adeyemi’s emphasis on integrity, quality, innovation and attention to detail have set a standard that has become the hallmark of RealtorMax ’s projects.
According to the CEO, RealtorMax has a line up of more innovative solutions that will redefine the landscape of real estate in Nigeria powered by technology and new thinking.
“With our plans which we shall be rolling out in due course, we will deploy technology to make not just home ownership smooth and worry free but will help many more become smart investors who will partake in amazing global real estate ventures, maximise profits and benefit from joint investment platforms,” he noted.
He added: “One of the notable projects currently being undertaken is the almost 500-acre Urbanmax Estate, located in the Owode Obafemi area of Ogun State, near the Shagamu Express Interchange, which sells for N1.3million per plot (500 SQM). The eco-friendly estate offers a range of residential and commercial options with modern amenities, providing residents with a comfortable and convenient lifestyle.
“In addition, RealtorMax Limited is also developing Aje: The Wealthy Residence, in the vibrant Ibeju Lekki area. This luxurious residential development showcases our commitment to delivering high-quality and prestigious homes for discerning buyers at N32millon per plot (500 SQM). So, we offer dream homes to all our customers whether their choice is luxury or affordability.
Both estates offer opportunities to enjoy eco-friendly homes with close proximity to Lagos metropolis.
Business
Nigeria Breweries-Felix Ohiwerei Education Trust Fund flags off 10th edition of Maltina Teacher of the Year Competition
Nigeria Breweries-Felix Ohiwerei Education Trust Fund flags off 10th edition of Maltina Teacher of the Year Competition
The Nigeria Breweries-Felix Ohiwerei Education Trust Fund has announced the call for entries for the much-anticipated 10th edition of the Maltina Teacher of the Year competition.
Entries for the competition open on Thursday, May 16, 2024, and will close on Friday, July 19, 2024. The competition remains a platform to appreciate and reward teachers for their significant contribution towards the development of the education sector in Nigeria, while inspiring excellence in teaching.
To participate, eligible teachers can visit the dedicated website (www.maltinateacheroftheyear.com) to complete the entry form online. Alternatively, they can download the form, complete it, scan it, and email the completed form to maltinateacheroftheyear@heineken.com
Speaking at the flag-off ceremony held in Lagos today, Managing Director, Nigerian Breweries Plc, Hans Essaadi who was represented by the Human Resource Director, NB Plc, Grace Omo-Lamai explained that the flag-off of this year’s edition represents the beginning of another journey to appreciating and celebrating the tireless efforts and dedication of teachers.
Essaadi stated that the company through the Felix-Ohiwerei Education Trust Fund remains unwavering in its commitment to supporting teachers in shaping future leaders and changing the lives of students for the better in Nigeria.
“The Maltina Teacher of the Year competition presents an opportunity to express our gratitude to teachers for the sacrifices they make, the extra hours they invest, and the guidance and mentorship they provide to ensure the success of our youth. Through this competition, we aim to recognize the efforts of teachers in the countless ways they have shaped our future. We acknowledge their selflessness, their passion for teaching, and their relentless pursuit of the growth and development of our nation,” he said.
He stated that it was exciting to note that other corporate organizations have come on board to be part of this transformative initiative, adding that Union Bank of Nigeria Plc and Woodhall Capital Foundation have been enlisted as main partners while First City Monument Bank and Alert Group are supporting partners for the competition.
In her keynote address, the Corporate Affairs Director, Nigerian Breweries Plc, Sade Morgan, disclosed that the competition remains a veritable platform to reward and inspire teachers for their invaluable contribution to the development of education and society at large.
Morgan stated that the platform aims to recognize and appreciate teachers for the stewardship of our most precious national resource – the youth.
“Indeed, our teachers continue to play their role effectively and, as such, deserve to be appreciated, recognized, and celebrated for what they have done, and what they continue to do, to make society what it is today, particularly in the human and national development,” she said.
She disclosed that secondary school teachers in both public and private schools are eligible to participate in the 10th edition of the Maltina Teacher of the Year competition.
Speaking on the reward earmarked for the winners, she noted that the overall winner for the 2024 edition would receive a trophy, a total cash prize of N10 million, and a capacity development training opportunity abroad while his/her school receives either a block of classrooms or a computer laboratory.
“The first runner-up of the competition will equally receive a trophy and a total sum of N3,000,000, while the second runner-up receives a trophy and a total sum of N2,500,000. All State Champions will be rewarded with recognition plaques and a cash prize of N1, 000,000 each”, she added.
In her remarks, Winner of the 2023 Maltina Teacher of the Year Competition, Adeola Adefemi while praising NB Plc for the competition stated that her emergence as winner has attracted pride, fame, and fortune.
According to Adefemi, the success has become a confidence booster and attraction to several global opportunities in the teaching profession.
Goodwill messages of support were delivered by representatives of the corporate partners and key stakeholders in the education sector, such as representatives of the Nigeria Union of Teachers (NUT), All Nigeria Confederation of Principals of Secondary Schools (ANCOPSS), and the Teachers Registration Council of Nigeria (TRCN).
The Maltina Teacher of the Year competition was established in 2015 and funded through the Nigerian Breweries-Felix Ohiwerei Education Trust Fund, which was set up in 1994 to facilitate an active contribution to the development of the education sector in Nigeria in line with the United Nations Sustainable Development Goal, SDG No.4.
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ABOUT THE MALTINA TEACHER OF THE YEAR COMPETITION
In 2015, Nigerian Breweries-Felix Ohiwerei Education Trust Fund introduced the Maltina Teacher of the Year, a national competition, to identify, honor, and reward outstanding teachers in Nigeria.
Maltina Teacher of the Year is proudly endorsed by the Federal Ministry of Education and other education stakeholders including the Nigeria Union of Teachers (NUT), All Nigeria Confederation of Principals of Secondary Schools (ANCOPPS), and Teachers Registration Council of Nigeria (TRCN).
ABOUT NIGERIAN BREWERIES-FELIX OHIWEREI EDUCATION TRUST FUND
The Nigerian Breweries-Felix Ohiwerei Education Trust Fund was set up in 1994 with a startup capital of 100 million Naira to enable sustained quality education through structured intervention in the sector.
The Fund has footprints across the six geographical zones in Nigeria at primary, secondary, and tertiary levels of education. Through the Fund, NB Plc has constructed and furnished over 400 classrooms, sanitary facilities, and libraries in 74 communities across the country. The Fund has also granted scholarships to deserving students in tertiary institutions
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