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Why Bogoro Was Reinstated At TETFund

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Professor Suleiman Elias Bogoro has staged a comeback as the Executive Secretary of Tertiary Education Trust Fund (TETFund). He replaced Dr Abdullahi Baffa Bichi, who took over from him two years ago.

Premier newspaper gathered  that Bichi’s sack became known to the staff of the agency yesterday only after Bogoro appeared in the morning with his letter of resumption.

 

“He has since taken over the affairs of the fund. He has also addressed the management staff on arrival this morning,” a top official of the agency told premier newspaper.

The Ministry of Education later issued a statement confirming President Muhammadu Buhari’s approval of the reinstatement of Bogoro as TETFund boss.

 

The Minister of Education, Adamu Adamu, according to the statement, said the re-instatement of Prof. Bogoro is with immediate effect, with the same terms and conditions as it were in his previous appointment and as stipulated in the TETFUND staff conditions of service.

A letter signed by the Permanent Secretary of Federal Ministry of Education addressed to Prof. Bogoro dated 21st January titled “Re-Instatement of Executive Secretary of Tertiary Education Trust Fund,” said: “You shall be eligible for re-appointment for further term of 4 years only subject to satisfactory performance.”

The president urged him to utilize the opportunity to re-focus the Fund and render its performance more responsive to the expectations of the present administration.

The Director of Public Affairs of TETFund, Ebikwo Benn, said Bogoro was reinstated to complete his tenure.

Mixed reactions trail Bogoro’s re-appointment

Premier newspaper  reports that the reinstatement of Professor Bogoro as TETFund boss has elicited mixed reactions in his home-state Bauchi, especially among politicians.

Professor Bogoro, a former lecturer with the Abubakar Tafawa Balewa University (ATBU), was first appointed as the Executive Secretary of TETFund in April 2014 by former President Goodluck Jonathan but was removed in February 2016 by the Buhari administration.

While some welcomed his re-appointment saying it was because of his “outstanding performance” as the head of the agency, others see it as “a strategic political move to strengthen the chances of the ruling APC in Bauchi State.”

Professor Bogoro was reportedly appointed by Jonathan following his nomination by former Bauchi State Governor Adamu Muazu who served as PDP national chairman during Jonathan’s tenure up to the 2015 elections.

After he was removed from the position in 2016, he went back to ATBU and continued with his teaching job until yesterday.

While Prof. Bogoro hails from Bogoro Local Government Area, Muazu is from neighboring Tafawa Balewa Local Government Area in the same Bauchi South Senatorial district.

Muazu, alongside notable politicians from Bauchi State, recently joined the APC after what sources described as “high profile political scheming”.

Ex-Governor Isa Yuguda, also from Bauchi South, equally joined the APC few months ago.

Sources said before his defection to the PDP, Speaker of the House of Representatives, Yakubu Dogara, had “near absolute control” of the political scheming in Bauchi South.

It was gathered that the speaker’s defection to the PDP had reduced the influence of APC in the senatorial zone, but the APC was trying to use Muazu and others to reclaim their firm grip of the area.

A top APC official in Bauchi State said Prof. Bogoro is well grounded in Bauchi South.

“As an appointee of APC government, I have no doubt he would justify the responsibility given to him. Yes, Dogara is very strong but Prof. Bogoro would march him step by step.

“Prof. Bogoro is an elder in Bogoro, the hometown of the speaker and he too has empowered hundreds of people from across the divide and they would definitely support him to succeed,” he said.

Speaking to our reporter on telephone yesterday, a lecturer with ATBU, Simon Yalams, who is a close associate of Prof. Bogoro, said “Although some people may give the appointment a political meaning because it is the political season, to me his appointment has to do with his track records during his first tenure as the head of TETFund.  He is my colleague at ATBU and I know the kind of person he is.”

Also speaking, a former commissioner in Bauchi State, Dr. Audu Ghani Bogoro, said anybody who knows what Professor Bogoro had done as TETFund boss would be happy to have him back there.

He, however, said that some people would definitely look at it from the political angle, even as he insisted that merit should always override political sentiments.

‘Why Bichi lost out’

Though no reason was given by the ministry for the unexpected termination of the appointment of Bichi, sources told premier  that several factors must have come into play.

They said Bichi, who is the Director General One2Tell10 Buhari Support Group, had disagreements with the education minister over the handling of the fund, and was flouting orders from the ministry.

Others said he was too involved in politics, especially in his home state of Kano and therefore unable to discharge his functions without distractions.

Bichi was a special assistant to the education minister before he was appointed as TETFund boss in 2016. He was not available for comment yesterday.

 

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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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