Adegboruwa takes Buhari to court, says AMCON board appointment illegal

ITRealms:

A Lagos-based legal practitioner and human rights cum pro-democracy activist, has taken the President, Alhaji Muhammadu Buhari and Attorney-General of the Federation to a Federal High Court in Lagos over the appointment of  new board members for the Asset Management Corporation of Nigeria (AMCON) reports ITRealms.

In an originating summon copy made available to ITRealms, Adegboruwa also listed three officials of AMCON as respondents, namely Kola Ayeye, Eberechukwu Uneze and Aminu Ismail.

Adegboruwa said, he is concerned as a responsible citizen of Nigeria, lamented that

since May 29, 2015, when he was sworn in as Presidnet of Nigeria, he has not appointed Ministers as required by the Constitution.

Rather, Adegboruwa claimed that Messrs Kola Ayeye, Eberechukwu Uneze and Aminu Ismail, were on August 19, 2015, appointed as Executive Directors of AMCON.

The appointments, he said, were widely published in both print and electronic media all over the country.

Insisting that the said appointment does not conform with the Section 10(1)c of the Asset Management Corporation of Nigeria Act 2010, which states inter alia that such appointment must confirm with the consultation of the Minister of Finance and President, which was lacking at the time of appointment.

Pointing out that since President Buhari was sworn in on May 29, 2015, till the date of the appointment of the three Executive Directors of AMCON, no person has been appointed into the office of Minister of Finance for the Federal Republic of Nigeria.

“I verily believe that as the position of the Minister of Finance in Nigeria has been vacant, the said appointment of the 4^th-6^threspondents could not have been made in accordance with the provisions of the Asset Management Corporation of Nigeria Act 2010, as there is no substantive minister of finance for the 1^st respondent to consult with,” Adegboruwa said.

He, therefore, urged the Justice of the Federal High Court to declare the said appointment of the aforesaid executive directors illegal, null and void.

 

+Remmy Nweke (ITRealms) 
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Oil exploration: IPPA excites Buhari on increased local content

ITRealms:

The President, Alhaji Muhammadu Buhari was at the weekend excited over the resolve by Independent Petroleum Producers Association (IPPA) to increase local content participation of Nigerians in the country's oil industry, reports ITRealms.

He also promised to do his best in to address the challenges which they currently face, assuring indigenous companies operating in Nigeria's oil and gas sector of the full support and protection of his administration.

Buhari made these statements at a meeting with members of IPPA in the Presidential Villa, and directed the management of the Nigerian National Petroleum Corporation (NNPC) to work more closely with the indigenous oil producers to resolve the problems which they enumerated to him.

“We have the manpower for a more effective participation in our oil industry. We will give you all possible encouragement. You certainly won't be ignored under my leadership," President Buhari told IPPA members who represent about 20 Nigerian companies operating mainly on onshore fields.

In a press statement, Senior Special Adviser to the President of Media and Publicity, Malam Garba Shehu, informed that President particularly assured the Nigerian oil producers that the present administration will take appropriate actions to maintain and enhance security in their areas of operation, noting that better security will help to lower production costs, which, he said, had become unnecessarily high in the country.

Speaking on behalf of IPPA, Mr. Austin Avuru, told the President of challenges currently being faced by the group such as security and the funding of joint ventures with the NNPC.

IPPA, he said, is already making significant contributions to the development of the Nigerian economy and could do more with the support of the present administration.
 

+Remmy Nweke (ITRealms) 
ITREALMS ... everything news digitally!

Buhari sacks NNPC board with immediate effect

ITRealms:

The President, Alhaji Muhammadu Buhari has sacked the board of the Nigerian National Petroleum Corporation (NNPC) with immediate effect, reports ITRealms.

The directive to that effect was conveyed in a letter signed  and dated today, 26th June 2015 by the Head of the Civil Service of the Federation, Barr.Danladi Kifasi. 

In a press statement made available to ITRealms endorsed by Director, Communications at the office of the Head of Civil Service of the Federation, Mr. Haruna R. Imrana, disclosed that part of the content was that President expressed thank to members of the dissolved board for their services to the nation.

ITRealms recalls that since the twilight of the former president till now, NNPC has been in the eyes of the public for unbecoming allegations of bribe.

According to industry observers, the dissolution and probing of NNPC will not come to Nigerians as unexpected.

 
+Remmy Nweke (ITRealms)
ITREALMS ... everything news digitally!