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Fight against corruption is for soul of Africa – Buhari

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Lukman Amusa

President Muhammadu Buhari has launched the training for Anti-Corruption Agencies in the African Union where he told participants that the fight against corruption is a battle for the souls of the countries and it is one that must be won.

He made the remarks in Abuja on Monday when he welcomed delegates to the Corruption Risk Assessment training for heads and senior officials of Anti-Corruption Agencies in the African Union.

The training, he said, was at the instance of Nigeria as part of the support for the war against corruption on the continent and it is being facilitated by the Anti-Corruption Academy of Nigeria (ACAN) the research and training arm of the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

He said that the continent has suffered from the severe consequences of corruption since independence and said it was imperative that steps be taken to reverse the trend.

“When we assumed office in May 2015, the pervasive nature and devastating impact of corruption on the Nigerian nation had become dysfunctional. The momentum for our electoral victory could not be separated from the revolt of the people against glaring endemic corruption.

“During the past several months, we have been taking steps to institute integrity and transparency in the processes of government and holding those who have plundered our commonwealth to account for their actions.

 

“However, the costs of recovery and sanctions are also enormous. While commendable successes have been recorded, it has become manifest that corruption fights back. With enormous stolen resources elements have attempted to compromise law enforcing institutions and pervert the course of justice,’’ he said.

Therefore, he emphasised the necessity of building a system that would focus on preventing corruption that Nigeria would continue to implement policies aimed at building resilient systems that could withstand assault by corrupt officials.

“Our steps in this direction include the full implementation of both the Treasury Single Account (TSA) and the Bank Verification Number (BVN) the Open Government Partnership, various Executive Orders, strengthening the Anti-Corruption Agencies and permitting their full autonomy.

“It is in this context of building robust preventive systems that we must understand this initiative which aims to train leaders of anti-corruption agencies in the African Union by deploying Corruption Risk Assessment Methodology for corruption prevention in our countries.

“Corruption Risk Assessment seeks to identify corruption-prone processes and procedures in organisations and recommend appropriate remedial steps. The methodology places a premium on prevention as an effective complement to enforcement in the war against corruption.’’

In 2016, through support from the United Nations Development Programme, UNDP, the said that the Anti-Corruption Academy of Nigeria acquired the capacity to conduct training on Corruption Risk Assessment and had since been conducting trainings.

“The training starting today is an opportunity to extend the benefits of this methodology to other African countries and by which it is clear that we have not taken our appointment as Anti-Corruption Champion for the continent for the year 2018 lightly.

“It is heart-warming that most of our countries have subscribed to not only the United Nations Convention against Corruption, UNCAC, but also the African Union Convention on Preventing and Combating Corruption (AUCPCC).

“This event offers a good opportunity to encourage the few countries which are yet to ratify the African Union Convention to expedite processes to do so. No efforts can be too much as we seek to rid our societies of the evil of corruption.’’

 

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).

This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.

Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.

He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.

Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.

He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.

Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:

“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.

We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.

His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.

On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The National Association of Nigerian Students (NANS), Lagos State University (LASU) branch, on Friday paid a courtesy visit on the Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda.

The student representatives said the visit was to congratulate Meranda over her emergence as Speaker of the State Assembly.

Meranda, an alumnus of LASU, was elected Speaker on January 13 after the removal of Mudashiru Obasa by the lawmakers over issues relating to alleged high-handedness and financial impropriety.

Describing her as a thoroughbred Lagosian, the chairman of NANS, Abdulraheem Azeez, used the opportunity to list some of the challenges faced by students in the university.

According to him, students have had to read in darkness as the Ikeja campus gets less than two hours of power supply daily.

Azeez also raised the need for the State to make available loans for indigent students as well as for the Assembly to provide opportunities for students to witness the plenary of the House.

Meranda, while thanking the students for the visit, urged them to always attend town-hall meetings in their constituencies where they can contribute and make their opinions known.

She further encouraged them to apply for the loans initiated by the government as done by students in other countries.

The Speaker requested the students to formally send their complaints in written forms to the House for action.

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EFCC Tasks Corps Members on Corruption

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

EFCC Tasks Corps Members on Corruption

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede charge members of the National Youth Service Corps, NYSC, to be change agents and strong resisting force against corruption.

He also enjoined them to be active foot soldiers and whistle-blowers or intelligence-gatherers against corruption.

Speaking on Thursday, January 30, 2025 at the NYSC Orientation Camp, Yikpata, Edu Local Government Area of Kwara State, Olukoyede said It is important for youths to realise that, these roles, if performed creditably, will bring up appreciable growth in the economy of our nation. He said that, “creative energies of youths will be maximised when corruption is brought to its knees.”

The EFCC boss whose address was delivered by the Head, Public Affairs Department, Ilorin Zonal Directorate of the EFCC, Ayodele Babatunde said that most of the problem confronting the country such as kidnapping, banditry, poor infrastructure, among others were connected to corruption. He added that all hands must be on the deck to tame the cankerworm.

Olukoyede encouraged the youths to embrace the virtues of hard work and shun fraudulent practices such as cybercrime noting that, “it’s profitable to earn dignity and fame through hard work and legit business.”

While calling on the youths to channel their potentials productively and shun crime, the EFCC Chair said that, “Yahoo-Yahoo is not a sustainable way of life.”

“There is no shortcut to wealth and fame. The fact that the rate of unemployment is high should not be an excuse to resort to crime. Act of criminality might deliver wealth in the short term but there will be misery and gnashing of teeth”, he said.

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