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Nigeria, China Sign Mou On Counter-Insurgency

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By Lukman Amusa

The federal government and the Peoples Republic of China have signed a Memorandum of Understanding which will strengthen the Nigerian Armed Forces’  counter insurgency measures against Boko Haram terrorists and other insurgent groups. The minister of defence, Mansur Muhammad Dan-Ali, and the Chinese Ambassador to Nigeria, H.E. Ziyou Pingjian, signed the MOU on behalf of their countries. A statement by the public relations  officer to the defence  ministry, Col Tukur Gusau, said the signing of the  MOU was a  follow-up to the visit of President Muhammadu Buhari to China in September 2018 where discussions on infrastructure financing for strategic projects and grants to the Armed Forces were held with the Chinese President,  Mr Xi Jinping.  The premier  reports that following the recent resurgence of Boko Haram in the North East, the federal government has move to adopt fresh strategies to rout the terrorists. Parts of these efforts are the collaboration between Lake Chad Basin countries to deny the terrorists freedom of operation and bring them to their knees. As part of the success of these efforts, the Armed Forces have received fighter planes and other military hardware needed to prosecute the war, while others are being expected. It would be recalled that the Army recently announced plans to adopt high tech uniforms and gadgets to ensure troops’ safety in the battlefield.   As troops kill ISWA Terrorists in Baga The Nigerian military yesterday said it had killed scores of   Islamic State of West Africa Province (ISWAP) terrorists in Baga, Borno State. The director, Army Public Relations, Brig Gen Sani Usman, said troops of the newly formed Nigerian Army Special Forces Command (NASFC), Operation Lafiya Dole, working in collaboration with Navy and Air Forces, killed the terrorists that attacked troops’ location at Baga in Borno State, during clearance operations. According to him, the Special Forces commenced clearance operations on December 28, during which they cleared Zare, Gudumbali, Kukawa and Cross Kauwa without any resistance from suspected terrorists. However, at Cross Kauwa, ISWAP terrorists made a costly mistake of confronting the troops. Usman noted that the troops exploited  the situation to instantly and decisively ‘neutralize’ the insurgents and capture some equipment. He, however, lamented that, in the process, the Special Forces lost one officer and a soldier, while five other soldiers sustained injuries. “The remains of the two fallen heroes and the wounded have since been evacuated,” he said, adding that the injured soldiers are in stable condition and receiving medical attention. Usman also revealed that some of the terrorists attempted to infiltrate troops’ camp at Monguno and that the troops killed many of them and recovered arms and ammunition. He further stated that troops linked up with other forces in Baga where they cleared the Naval Base and the surrounding areas, adding that the troops are now consolidating and clearing vestiges of the terrorists within the northern Borno State axis with special emphasis on the Lake Chad region. “The Special Forces attained these great strides in close operational synergy with Air Task Force of the Nigerian Air Force who gave Intelligence and close air support by bombarding the ISWAP terrorists,” he said, even as he noted the gallant efforts of Navy Special Forces in the operations.

 

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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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