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Just In : Tinubu appoints new board for Family Homes Funds, chaired by Demola Adebise
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President Bola Tinubu has appointed a new board for Family Homes Funds Limited (FHFL), a move aimed at boosting growth in the real estate sector.
According to a statement issued on Tuesday, July 2, by the special adviser to the president on media and publicity, Ajuri Ngelale, the board, chaired by Demola Adebise, includes experienced professionals in finance, operations, and real estate.
The members include Abdul Muttalab as CEO/MD; Abdullahi Musa as Executive Director (Finance); and Emeka Henry Inegbu as Executive Director (Operations).
Also appointed to the board representatives from the Ministry of Finance, the Nigeria Sovereign Investment Authority (NSIA), as well as non-executive directors, including Sam Okagbue, Musa Ahmed, Dr. Eniang Nkang, and Ms. Bilkisu Usman.
“In furtherance of efforts by the federal government to consolidate activities aimed at energizing the growth opportunities within the real estate sector, President Bola Tinubu has approved the appointment of the following qualified Nigerians to the board of the Family Homes Funds Limited (FHFL):
(1) Mr. Demola Adebise – Board Chairman; (2) Mr. Abdul Muttalab – Chief Executive Officer/Managing Director; (3) Mr. Abdullahi Musa – Executive Director (Finance); (4) Mr. Emeka Henry Inegbu – Executive Director (Operations); (5) Representative of the Ministry of Finance Incorporated – (Non-Executive Director); (6) Representative of the Nigeria Sovereign Investment Authority (NSIA) – (Non-Executive Director); (7) Mr. Sam Okagbue – (Non-Executive Director); (8) Mr. Musa Ahmed – (Non-Executive Director); (9) Dr. Eniang Nkang – (Non-Executive Director); (10) Ms. Bilkisu Usman – (Non-Executive Director).
“The President expects that the new members of the board of this important agency will deploy their expertise, experience, and commitment to steer the Family Homes Funds towards achieving its mandate of driving growth and development in the real estate sector”, the statement said.
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BREAKING: Tinubu replaces Service Chiefs, names Gen. Oluyede CDS
President Bola Ahmed Tinubu has approved major changes in the leadership of the Armed Forces, appointing new Service Chiefs in a decisive move aimed at strengthening national security architecture.
According to a statement on Friday by his Special Adviser on Media and Public Communication, Chief Sunday Dare, the President named former Chief of Army Staff, Lt. General Olufemi Oluyede as the new Chief of Defence Staff, replacing General Christopher Musa.
Major-General W. Shaibu has been appointed Chief of Army Staff, Air Vice Marshal S.K. Aneke takes over as Chief of Air Staff, while Rear Admiral I. Abbas is the new Chief of Naval Staff.
The Chief of Defence Intelligence, Major-General E.A.P. Undiendeye, retains his position.
All appointments, the statement said, take immediate effect.
President Tinubu, who is also the Commander-in-Chief of the Armed Forces, expressed deep appreciation to the outgoing Chief of Defence Staff, General Musa, and other retired Service Chiefs for their “patriotic service and dedicated leadership” during their tenure.
He charged the newly appointed military heads to justify the confidence reposed in them by demonstrating “enhanced professionalism, vigilance, and comradeship” in the discharge of their duties.
The shake-up in the military hierarchy comes as part of ongoing efforts by the Tinubu administration to reposition the security sector, improve coordination among the services, and sustain momentum in the fight against terrorism, banditry, and other security challenges across the country.
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JUST IN: Court Rejects “Terrorists’ Negotiator” Tukur Mamu’s Third Bail Application
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A Federal High Court in Abuja has rejected a fresh application for bail filed by detained alleged terrorists negotiator, Tukur Mohammed Mamu.
Justice Mohammed Umar, in a ruling on Wednesday, noted the health complaint by Mamu and held that the detaining authority, the Department of State Services (DSS) should not release him but take him to an appropriate health facility where he would be adequately attended to.
Justice Umar noted that, by the history of the case so far, the prosecution has exhibited diligence in it handling of the case and exhibited diligence in prosecuting the case.
The judge said one of the reasons for granting bail is where the prosecution is not diligent, noting that since the prosecution in this case is diligent, the application for bail cannot be granted.
He subsequently ordered that the defence lawyer should choose the health facility comfortable to the defendant, to which he should be promptly taken.
He also asked the DSS to allow the defendant access to members of his family.
The ruling on Wednesday is the third time the court will reject his application for bail since his was arraigned on March 21, 2023 by the Federal Government on a 10-count charge bordering on terrorism financing, among others.
Mamu was arrested on September 7, 2022 by Egyptian security officials at the Cairo International Airport, on reasonable suspicion of financing Boko Haram terrorism activities.
He was alleged to have convinced the terrorists to discuss ransom payments with individual families of the hostages of the train attack instead of the Chief of Defense Staff Committee set up by the Federal Government for his personal financial gain.
He was said to have been nominated by the terrorists that attacked the Abuja-Kaduna bound train sometime in March 2022 which took scores of persons hostage.
Mamu was alleged to have collected ransoms on behalf of the Boko Haram terrorists from families of hostages, confirmed the amount and facilitated the delivery of same to the terrorists.
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BREAKING: ASUU suspends two-week warning strike
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The Academic Staff Union of Universities has announced the suspension of its ongoing two-week warning strike.
The National President of ASUU, Prof. Chris Piwuna, made this known in an ongoing press briefing in Abuja on Wednesday.
According to Piwuna, the decision stemmed from the meeting of the National Executive Council meeting which was held overnight and ended by 4:00 am on Wednesday.
Piwuna noted that the union decided to embark on the strike due to the failure of the government to meet its demands on time.
“We’ve had useful engagements with representatives of the government to consider the response to the draft renegotiation of the 2009 agreements. However, we are definitely not where we were prior to the commencement of the strike.
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