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Tinubu names New Board For BoI

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President Bola Ahmed Tinubu has appointed a new board for the Bank of Industry (BoI) Limited, signaling a fresh start for the nation’s premier development finance institution.

This was contained in a statement on Monday by Special Adviser to the President on Media and Publicity, Ajuri Ngelale.

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Dr. Mansur Muhtar, a veteran finance expert and former Minister of Finance, will chair the 13-member board, which includes seasoned professionals from various fields.

Dr. Olasupo Olusi takes the reins as Managing Director/Chief Executive Officer, bringing his wealth of experience to the helm of the bank.

Other members of the board include Mrs. Ifeoma Uz’Okpala, Executive Director, Large Enterprises; Mr. Shekarau Omar, Executive Director, Micro, Small & Medium Enterprises; Mr. Usen Effiong, Executive Director, Corporate Services; Ms. Mabel Ndagi, Executive Director, Public Sector & Intervention Programmes; and Mr. Rotimi Akinde, Executive Director, Corporate Finance & Risk Management.

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READ ALSO: JUST IN: Tinubu Appoints New NIA, DSS Heads

Non-Executive Directors on the board are Mallam Tajudeen Datti Ahmed, representing the Ministry of Finance Incorporated; Mr. Adedamola Olufemi Young, representing Central Bank of Nigeria; Reverend Isaac Adefemi Agoye, representing Manufacturers Association of Nigeria; Mallam Muhammad Bala, representing Federal Ministry of Industry, Trade & Investment; Mr. Oreoluwa Adeyemi, Independent Non-Executive Director; and Mr. Sulaiman Musa Kadira, Independent Non-Executive Director.

Tinubu tasked the new board with working harmoniously and diligently to achieve the bank’s objectives, saying “the nation expects nothing but the best from this critical institution”.

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The appointments take effect immediately, with the new board set to commence work on the bank’s strategic plans and programs.

“President Bola Tinubu has approved the appointment of the following qualified Nigerians to the board of the Bank of Industry Limited:

READ ALSO: Top 10 Countries With Highest Number Of Churches 2024

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“Dr. Mansur Muhtar, OFR, — Chairman; Dr. Olasupo Olusi — Managing Director/Chief Executive Officer; Mrs. Ifeoma Uz’Okpala — Executive Director, Large Enterprises; Mr. Shekarau Omar — Executive Director, Micro, Small & Medium Enterprises; Mr. Usen Effiong — Executive Director, Corporate Services.

“Others are Ms. Mabel Ndagi — Executive Director, Public Sector & Intervention Programmes; Mr. Rotimi Akinde — Executive Director, Corporate Finance & Risk Management; Mallam Tajudeen Datti Ahmed — Non-Executive Director, representing the Ministry of Finance Incorporated; Mr. Adedamola Olufemi Young — Non-Executive Director, representing Central Bank of Nigeria; Reverend Isaac Adefemi Agoye — Non-Executive, representing Manufacturers Association of Nigeria; Mallam Muhammad Bala — Non-Executive, representing Federal Ministry of Industry, Trade & Investment; Mr. Oreoluwa Adeyemi — Independent Non-Executive Director; Mr. Sulaiman Musa Kadira — Independent Non-Executive Director.

READ ALSO: Tinubu Appoints New MD, CEO For Niger Delta Power Holding Company

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“Dr. Muhtar’s career spans decades in finance, international development, public service, and academia.

“He served as Minister of Finance, Budget and Economic Development from 2008 to 2010 and was Vice-President, Operations of the Islamic Development Bank, before his recent appointment.

“The President expects the new board of the Bank of Industry to work harmoniously, diligently, and with utmost fidelity to the nation in driving the mandate of this critical institution as a development vehicle for providing support for projects that enhance job creation, poverty alleviation, and the socio-economic conditions of Nigerian families,” the statement reads.

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JUST IN: FCT Head Of Service Is Dead

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The Pioneer Head of the Civil Service of the Federal Capital Territory, Mrs Grace Adayilo, is dead.

The late Adayilo reportedly died in the early hours of Monday, 1st of September, 2025.

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The Special Assistant on Media to the HoS, Anthony Odey, confirmed the reports to our correspondent in a short text.

“Yes, please,” the text message read.

READ ALSO:BREAKING: Former Inspector-General Of Police, Solomon Arase, Is Dead

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Odey, however, gave no further details surrounding the circumstances of her death.

Recall that President Bola Tinubu approved the appointment of Grace Adayilo as the Head of the Civil Service of the FCT on the 6th of October 2024, with the appointment taking effect immediately.

She made history as both the first HoS and the first female HoS of the FCT.

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Before her appointment, Adayilo served as the Permanent Secretary of the Agriculture and Rural Development Secretariat.

As of the time of filing this report, no official statements have been made by the family or the FCT Administration.

 

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JUST IN: Finnish Court Jails Simon Ekpa Six Years For Terrorism Offences

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The Päijät-Häme District Court on Monday sentenced Nigerian-born Finnish, Simon Ekpa, to six years in prison for terrorism-related crimes and other offences, according to official court documents seen by BBC News Pidgin on Monday.

The 40-year-old former municipal politician from Lahti was convicted on multiple charges, including participation in the activities of a terrorist organisation, incitement to commit crimes for terrorist purposes, aggravated tax fraud, and violations of the Lawyers Act.

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The court ordered that Ekpa remain in custody.

According to the judgment, between August 2021 and November 2024, Ekpa attempted to promote the independence of the so-called Biafra region in southeastern Nigeria through illegal means.

READ ALSO:Obi Disowns Photo-shopped Pictures With Simon Ekpa

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“He used social media to gain a politically influential position and took advantage of the confusion within a key separatist movement in Nigeria to play a significant role in it,” the court statement stated as reported by BBC News pidgin.

Ekpa denied all the charges against him.

The court also found that Ekpa was instrumental in founding and developing the separatist movement into a more organised structure, working alongside others.

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It was revealed during the trial that armed groups were established under the movement, which the court classified as terrorist organisations.

READ ALSO:Biafra: Simon Ekpa Released By Finnish Police After Hours Of Questioning

Ekpa equipped the groups with weapons, explosives and ammunition through his contact network. He also urged and enticed his followers on X (formerly Twitter) to commit crimes in Nigeria,” the court said.

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The trial was conducted over 12 sessions between May 30 and June 25, 2025, with a panel of three judges unanimously delivering the verdict.

Finnish authorities arrested Ekpa in December 2024 on charges linked to terrorism.

He was held on probable cause and suspicion of publicly inciting people to commit crimes with terrorist intent.

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READ ALSO:PM Killed In Israeli Strike, Say Yemen’s Huthis

The alleged offences were said to have occurred between August 23, 2021, and November 2024, primarily in the city of Lahti.

The Finnish National Bureau of Investigation also initially arrested four other men in connection with the case. However, charges against them were later dropped due to insufficient evidence.

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Ekpa, who previously served as a municipal councillor in Lahti, is widely known for his controversial role in the Biafran separatist movement.

His online broadcasts and social media activity have drawn both support and condemnation within and outside Nigeria.

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JUST IN: Doctors Issue 10-day Ultimatum, Threaten Strike

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The Nigerian Association of Resident Doctors issued a 10-day ultimatum to all relevant government agencies on Monday, warning that its members would embark on a nationwide strike if the demands were not met.

NARD disclosed this in a communiqué signed by its President, Dr. Tope Osundara; the General Secretary, Dr. Oluwasola Odunbaku; and Publicity and the Social Secretary, Omoha Amobi, issued after its Extraordinary National Executive Council meeting, which was held virtually on Sunday.

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In July, NARD had issued a three-week ultimatum, but in the interest of industrial harmony, the NEC granted the National Officers’ Committee an additional three weeks to engage with all relevant stakeholders, after which it would reconvene to reassess the extent of implementation of its demands.

In Sunday’s meeting, the E-NEC condemned the failure of the Federal Government to fulfil its promises, noting with dismay that a substantial number of resident doctors remain unpaid for their 2025 Medical Residency Training Fund, and the refusal to pay the outstanding five months’ arrears arising from the 25 per cent/35 per cent Consolidated Medical Salary Structure review, as well as other longstanding salary arrears.

READ ALSO:Lagos Doctors To Begin 3-day Warning Strike

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It also condemned the government’s failure to pay the arrears of the 2024 Accoutrement Allowance.

The E-NEC expressed displeasure over the unjust downgrading of the membership certificates of the West African Colleges of Physicians and Surgeons by the Medical and Dental Council of Nigeria, as well as the persistent non-issuance of membership certificates by the National Postgraduate Medical College of Nigeria.

“The E-NEC condemned in strong terms the failure of the Kaduna State Government to honour its commitments to members under ARD Kaduna and Barau Dikko Teaching Hospital, despite earlier agreements and signed Memoranda of Understanding. The E-NEC condemned the failure of the Oyo State Government to address the challenges faced by members of ARD LAUTECH Teaching Hospital, Ogbomosho, despite an ongoing indefinite strike action in the hospital,” it noted.

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It, however, commended state governors who have demonstrated commitment to the welfare of doctors by paying the 2025 MRTF.

READ ALSO:FG Suspends Circular On Doctors’ Allowances

Meanwhile, the doctors said that if their demands are not met by September 10, 2025, they would embark on a nationwide strike.

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E-NEC, however, demands the immediate payment of the outstanding 2025 MRTF to all eligible resident doctors by the Federal Government, as well as the settlement of the outstanding five months’ arrears of CONMESS, alongside other longstanding salary arrears.

The Council also demands, “The immediate payment of the arrears of the 2024 Accoutrement Allowance. The E-NEC demands the commencement of payment of specialist allowances to all doctors without further delay, given their indispensable role in delivering specialist medical care across the nation. The E-NEC demands that the MDCN immediately restore the recognition of the West African postgraduate membership certificates to their rightful status and calls on the NPMCN to commence without delay the issuance of membership certificates to all deserving candidates, in line with international best practices.

READ ALSO:FCT Doctors Begin Warning Strike Over Sack Of Health Workers

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“The E-NEC demands the immediate implementation of the 2024 CONMESS and resolution of all outstanding welfare concerns in Kaduna State, noting that the indefinite strike by our members has already resumed and will continue until these demands are met. The E-NEC demands that the Governor of Oyo State, His Excellency Governor Seyi Makinde, immediately resolve the welfare concerns of resident doctors under the employment of the state government, particularly those at LAUTECH Teaching Hospital, Ogbomosho.

“The E-NEC urges all State Governors to prioritise the welfare of doctors in their state-owned hospitals and training institutions, ensure the timely payment of MRTF to their resident doctors, and take proactive steps to curb emigration while maintaining industrial harmony.

“The E-NEC extends the ultimatum by a final 10 days to all relevant government agencies to meet these demands. Failure to do so within this period (expiring on Wednesday, 10th September 2025) will leave the NEC with no other option than to embark on a nationwide strike action.”

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