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BREAKING: CBN fires all First Bank directors, reintstates Adeduntan as MD

Daily Post Nigeria Published CBN Governor, Godwin Emefiele, announced their query on Thursday when he addressed the media. Emefiele further announced the reinstatement of Adesola Adeduntan as First Bank Managing Director. The apex bank declared that the appointment of Gbenga Shobo was done without its approval. Emefiele said CBN has been involved in management changes involving First Bank in the last 5 years to stem the slide regarding the status of the bank. The Governor expressed surprise that First Bank effected sweeping changes in executive management without engagement and/or prior notice to the authorities. He noted that the action sends a negative signal to the market on the stability of leadership on the board and management.

Security: Gov Ugwuanyi directs council chairmen, deputies, councilors to relocate permanently to their LGAs, Wards

…Begins consultation with stakeholders Governor Ifeanyi Ugwuanyi of Enugu state, Thursday, directed all Chairmen of the 17 local government areas of the state, their deputies and the 260 elected Councilors “to immediately and permanently relocate to their respective local government areas and wards” as part of efforts of the government to ensure adequate security for lives and property.  The directive, according to a statement by the Commissioner for Information, Nnanyelugo Chidi Aroh, was part of the outcome of Gov. Ugwuanyi’s consultation with relevant stakeholders in the state on security, which commenced on Wednesday. Aroh disclosed that the governor, Thursday, held consultation with the Speaker of the Enugu State House of Assembly, Rt. Hon. Edward Ubosi and other members of the House; members of the State Executive Council; Chairmen and Vice-Chairmen of all the 17 local government areas; and the elected Councilors in the 260 electoral wards in the state.

Security: Gov Ugwuanyi directs council chairmen, deputies, councilors to relocate permanently to their LGAs, Wards

Security: Gov Ugwuanyi directs council chairmen, deputies, councilors to relocate permanently to their LGAs, Wards
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IWA frowns government attack on IPOB

IWA frowns government attack on IPOB On …Backs Ebubeagu, ESN synergy Diaspora Igbo group,   the Igbo World Assembly, IWA, has condemned in the strongest terms the Federal Government posture in labeling the Indigenous People of Biafra, IPOB,  a terrorist organization. While urging  Igbo  Town Unions vigilantes including  state Ebubeagu and Eastern Security Network, ESN  to work together for the security of the Igbo communities, IWA in a statement  at the weekend jointly signed by its Chairman,  Dr. Nwachukwu Anakwenze,  Vice Chairman Christian Onuorah and Secretary General Oliver Nwankor    noted with dismay that government may have  spared  herdsmen that are the real killers, murderers, kidnappers and rapists

Food blockade: ASETU assures of food supply

Food blockade: ASETU assures of food supply On By Dennis Agbo The Association of South East Town Unions, ASETU, has assured Ndigbo of continued food supply despite threat by some northern groups to block movement of food items into parts of southern Nigeria. National President of ASETU, Chief Emeka Diwe and the Secretary, Gideon Adikwuru in reaction to the development said that ASETU was also aware that the Miyetti-Allah Cattle Breeders Association of Nigeria, MACBAN, and other foodstuffs and cattle dealers’ associations in the North have begun to grapple with enforcing the threat. The group however said that the development has helped the plan of Ndigbo through ASETU to attain total self-sufficiency in food production, and will within in a short time put a stop to the capital flight caused by the imperialism of the Northern agro-cartels in Igboland.

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