Connect with us

News

‘I Was Ashamed Seeing Obaseki Celebrating Oshiomhole’s Suspension’ – Ize-Iyamu

Published

on

A top aspirant in the forthcoming gobernorship election in Edo State, Pastor Osagie Ize-Iyamu says he was very ashamed when he saw governor of Edo State, Mr. Godwin Obaseki dancing and celebrating a court order that Comrade Adams Oshiomhole should cease from parading himself as national chairman of the All Progressives Congress (APC).

Meanwhile, the FCT High Court ordering the suspension of Oshiomhole as national chairman of the party has been put aside by a Federal High Court sitting in Kano.

Advertisement

Ize-Iyamu, while briefing the press yesterday on behalf of other aspirants and their supporters in Benin said it is shameful and unimaginable Obaseki could jubilate and celebrate the suspension of an eminent son of Edo, adding that the same man God used in bringing him (Obaseki) into power he was celebrating his down fall.

READ ALSO: Oshiomhole: ‘ God Will See Me Through, My Travails Not From Edo’

The former Secretary to Edo State government recalled that Oshiomhole campaigned and did all the talk for Obaseki in the cause of his campaign when he (Obaseki) could not talk hence it’s unfortunate he could celebrate the downfall of a man who did all that to him.

Advertisement

Pastor Osagie Ize-Iyamu addressing the press yesterday in Benin

He said, “What we find very shameful is the jubilation in some quarters in Edo over the so called court order removing the national chairman. I was ashamed to see the governor of Edo State, elected under the platform of the APC rejoicing that an eminent son of Edo State, a former governor of the state, the man who God used to even put him there has been removed as national chairman.

“The man who campaigned for him (Obaseki) when he could not campaign; the man who spoke for him everywhere they went, I was ashamed to see the governor jubilating and dancing all over Benin that Adams Oshiomhole has been removed as national chairman.”

READ ALSO: ‘Are You Looking At Me With Pity?’, Oshiomhole Asked Journalists

Ize-Iyamu, while recalling that the same jubilation and dancing came from the same quarters when the Niger Delta Development Commission (NDDC) board head by an eminent Edo son was disbanded, said removal of Oshiomhole as national chairman of the APC does not guarantee Obaseki second term.

Advertisement

“I want to ask, does the removal of Oshiomhole as national chairman guaranteed the second term of Obaseki? Of course no! So, for me it is rediculous for Obaseki to think that if the national chairman is removed it translates to automatic second term ticket for him, that is no true. It shows how shallow they are in their thinking”, he said.

READ ALSO:Oshiomhole’s Suspension: Ize-Iyamu Talks Tough, Says ‘We Will Resist Attempt To Rubbish Him’

For Your Press Releases, Interview Contact Us Via editor@infodailyng.com… For Your Event Coverage Call Or Chat Us On 08067027581

Advertisement

Continue Reading
Advertisement
Comments

News

SEC Bans CEOs From Becoming Chairmen Without 3-year Break

Published

on

The Securities and Exchange Commission has issued a new directive prohibiting Chief Executive Officers and Executive Directors from immediately assuming the position of Board Chairman within the same company or group after leaving office.

A mandatory three-year “cool off period” has been introduced before such transitions can take place.

Advertisement

The directive is part of a wider effort to strengthen corporate governance and prevent the concentration of power in public companies and capital market operators deemed to be of significant public interest.

This was disclosed in a circular released by the Commission and signed by the management on Thursday on its website titled “Circular to All Public Companies and Capital Market Operators on the Transmutation of Independent Non-Executive Directors and Tenure of Directors.”

READ ALSO: NANS Secures Release Of Withheld Results At Osun Poly

Advertisement

The SEC expressed concern over what it described as a “worrying trend of the transmutation/conversion of Independent Non-Executive Directors (INEDs) to Executive Directors, including to the position of the Chief Executive Officer.”

It warned that such practices undermine board independence.

The Circular reads,”This practice clearly erodes the neutrality of the transmuting INEDs, compromises their ability going forward to provide objective judgment and is generally antithetical to the principles which underpin independent directorship as outlined in both the National Code of Corporate Governance (NCCG) as well as the SEC Corporate Governance Guidelines (SCGG).”

Advertisement

As a result, the Commission has directed the immediate discontinuance of the conversion of INEDs into Executive Directors within the same company or group structure.

READ ALSO: Bill To Establish Specialised Agric Institutions Passes Second Reading In House Of Reps

The new rules also introduce strict tenure limits. Directors in Capital Market Operators considered to be of significant public interest will now be limited to 10 consecutive years in the same company, and 12 years within the same group structure.

Advertisement

“A Chief Executive Officer or Executive Director who steps down after 10 or 12 consecutive years, as the case may be, cannot be appointed as Chairman until the expiration of a 3-year ‘cool off period’.

“The tenure of such former Chief Executive Officer and Executive Director as Chairman shall be for a maximum of 4 years and no more.”

READ ALSO: Why The Vatican Cut Phone Signal Ahead Of The Secret Conclave Vote

Advertisement

The SEC said these changes are backed by its powers under Section 355(r)(iv) of the Investments and Securities Act (ISA) 2025, which authorises it to set governance standards for regulated entities.

The foregoing directives take immediate effect and compliance is mandatory. Public Companies and Capital Market Operators are therefore required to take the directives into account in their board appointments and succession planning,” the statement added.

The Commission also clarified that years already served by current officeholders will count toward the newly established tenure caps.

Advertisement

Continue Reading

News

We’ve Initiated Policies, Reforms For Sustainable Health Delivery System — Edo Deputy Gov

Published

on

Deputy Governor of Edo State, Hon. Dennis Idahosa has
said that the Senator Monday Okpebholo-led administration has initiated policies and reforms that will ensure a sustainable healthcare delivery system.

Idahosa stated this while chairing the second meeting of the state taskforce on Primary Health Care (PHC), at the New Festival Hall, Government House in Benin.

Advertisement

According to statement by his Chief Press Secretary, Mr. Friday Aghedo, the meeting included the taskforce members, stakeholders, and developmental partners.

READ ALSO: Edo Deputy Governor, Idahosa Preaches Unity As Honour For Martyrs Of June 12

In his keynote address, the deputy governor called for societal vigilance and surveillance to help curtail the effects of the outbreak of Dengue Fever and Diphtheria.

Advertisement

He mentioned that the state was putting up concerted efforts at building a responsive and resilient PHC system.

He encouraged members of the taskforce to be solutions driven, as well as be an instrument of change in their quest to disseminate, enlighten and champion a result driven health process that benefits locals across the eighteen local government areas.

He noted that the plan was to make primary healthcare the most accessible form of healthcare in the state to aid better maternal and health outcomes.

Advertisement

READ ALSO: Shocking! Late Ohanaeze Ndigbo President Lefts Will That Bans Wife From Remarrying

Idahosa singled out and commended the Egor local government chairman, Hon. Kelvin Eguaekun, for his concerted effort to network and maintain cleanliness in his council area.

Idahosa informed the state government move to implement a reward system for local government chairmen who play critical roles in their domains by disseminating and implementing processes that showcase the benefits of a cleaner environment to drive down diseases.

Advertisement

Amongst chairmen who pledged to implement reached decisions at the stakeholders meeting included Hon. Haruna Mohammed of Owan East and Hon. Joy Ohonyor of Owan West.

Advertisement
Continue Reading

News

What We’ve Done So Far To Curtail Ravaging Dengue Fever, Diphtheria – Edo Govt

Published

on

Edo State government said measures have been put in place to combat the outbreak of Dengue Fever and Diphtheria.

The state Commissioner for Health, Dr. Cyril Oshiomhole, disclosed this during a meeting with the state deputy governor and taskforce on Primary Health Care (PHC), at the New Festival Hall, Government House in Benin

Advertisement

He said the government has made donations of medical supplies to the University of Benin Teaching Hospital (UBTH) as part of the intervention.

Oshiomhole listed the medical supplies to include hospital beds, mattresses, oxygen cylinders, intravenous fluids, and and erythromycin, among others.

READ ALSO: Okpebholo Inaugurates Boundary Dispute Committee In Edo

Advertisement

Dr. Oshiomhole also mentioned that the state received support of twenty doses of Diphtheria antitoxins from Delta state government.

We also want to commend the UBTH, the Nigerian Centre for Disease Control (NCDC), and development partners such as UNICEF, WHO for their collaborative efforts and provision of technical support to combat the disease.

“NCDC provided the state with diphtheria antitoxins and intravenous erythromycin and other logistics.

Advertisement

“In addition, NCDC team is presently on ground to do a verbal autopsy of some of the current victims of the Diphtheria outbreak,” he stated.

READ ALSO: Okpebholo Launches 1bn Interest-free Loan For Edo Traders

He noted that the state is also faced with dengue fever which has led to the emphasis on the need for a cleaner environment.

Advertisement

Oshiomhole also reminded on Lassa fever whose outbreak can be controlled to an extent through environmental cleanliness.

The commissioner explained the reactive vaccination for teens from ages 5-14 in schools based on the outbreak of Diphtheria in six council areas of the state.

He harped on the need for contact tracing in neighborhoods and schools in order to track and vaccinate high-risk people, front liners, and high-risk personalities in society.

Advertisement

READ ALSO: Adhere To Project Specification, Okpebholo Charges Contractors

Earlier, Executive Secretary, Edo State Primary Health Care Development Agency (EDSPHCDA), Dr. Coulsen Oisokhai, called for collaboration with civil society organizations and development partners to strengthen relationships.

Speaking on behalf of implementing partners, Dr. Nora Eyo of the WHO harped on vaccine hesitancy as a major challenge faced in Edo State.

Advertisement

She pointed out the prevalence of waste dumps in residential buildings in the state as a challenge to sound health.

Advertisement
Continue Reading

Trending