News Agency of Nigeria
RTEAN suspends its secretary-general over alleged misconduct

RTEAN suspends its secretary-general over alleged misconduct

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By Salisu Sani-Idris

The National Executive Council (NEC) of Road Transport Employers Association of Nigeria (RTEAN) has unanimously resolved to suspend Mr Yusuf Adeniyi from office as Secretary General with immediate effect.

The association’s Deputy National President Administration, Amb. Muhammad Bishara, made this known in a statement on Thursday in Abuja.

“The Road Transport Employers Association of Nigeria (RTEAN) wishes to inform its members, stakeholders, and the general public that an Emergency National Executive Council (NEC) meeting was convened on Wednesday, Aug. 13, at its National Secretariat.

“The meeting was in accordance with the association’s constitution and commitment to transparency, accountability, and integrity in leadership.

“It was presided over by the Deputy National President (Administration), Amb. Muhammad Bishara, following due authorisation in accordance with the Association’s operational guidelines.”

He said that during the meeting, the NEC deliberated extensively on matters concerning the conduct of the Secretary- General, Mr Yusuf Adeniyi.

“After reviewing available reports and hearing submissions from relevant parties, the council resolved that Mr Adeneyi’s actions constituted misconduct and a breach of trust.

“In line with the association’s constitutional provisions, and in the best interest of preserving the credibility and unity of the organisation, the NEC unanimously resolved to suspend Mr Yusuf Adeniyi from office as Secretary-General with immediate effect, pending the outcome of a thorough investigation.”

Bishara further said that the NEC constituted a seven-member Investigative Committee to examine all allegations and circumstances surrounding the matter.

He said that the committee is chaired by Dr Samuel Agbede, while Mr Adamu jalaluddeen as secretary and is mandated to submit its findings and recommendations within two months.

Bishara assured all members of the association and the public of its unwavering commitment to due process, fairness, and justice in handling the matter.

He added that the association remains focused on its primary mission of promoting the welfare of its members and advancing the growth of the road transport sector in Nigeria.

In a swift reaction, Mr Adeniyi, in an interview with the News Agency of Nigeria (NAN) denied the allegations, adding that he has not been served with any letter of suspension on alleged misconduct.

” I am the National Secretary-General of the Transport Employers Association of Nigeria (RTEAN) and till this moment as I’m speaking with you I have not been served with any letter of suspension whatsoever.

“The fact of the matter is that there was a case between us and before the judgement, I advised that we should reconcile and send our terms of settlement to the court as consent judgement.

“And my people refused and when they refused the Appeal Court proceeded and when the verdict of the appeal court came they lost the case.

“When they lost the case I tried to reach out to the other parties so that the reconciliation effort I made before can be use to reconcile the parties, so that all of us can work together.

“Even if we win or we lose, we are all members. It is all about interest and we should be able to work together, ” he said.

He, however, said that about four or five days ago, the Deputy President of the association in charge of administration, met him in the office and dragged him out of the office.

“The following day I went they said that I cannot have access to the office. That is all that I know. I don’t even know my offense and nobody has called me either through the electronic or print system or served me with any letter of suspension.

“All I know is that they denied me access to my office, ” Adeyini.(www.nannews.ng)(NAN)

Edited by Yakubu Uba

Tinubu, critical stakeholders arrive APC secretariat for NEC meeting

Tinubu, critical stakeholders arrive APC secretariat for NEC meeting

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Tinubu

By Emmanuel Mogbede

President Bola Tinubu and some All Progressives Congress (APC) critical stakeholders have arrived at the party’s national secretariat for its National Executive Committee (NEC).

The News Agency of Nigeria (NAN) reports that members of the committee started arriving at the party’s national secretariat at Blantyre Street in Wuse 2, Abuja as early as 9:00 a.m.

NAN reports that the NEC meeting is coming after the party’s caucus meeting held on Tuesday at the Presidential Villa.

All roads leading to the venue of the meeting had been cordoned off by a combined team of armed security men, while human and vehicular movements on the street had also been restricted.

The meeting is expected to discuss reconciliation of aggrieved APC members from its various chapters, inclusivity for new members and national issues.

Early arrivals at the meeting included: members of the party’s NWC members, Forum of APC State Chairmen, Sen. Ovie Omoagege and former Zamfara Governor, Sen. Abdulaziz Yari.

Others were: the Minister of Budget and National Planning, Sen. Atiku Bagudu and Deputy Speaker, Benjamin Kalu. (NAN)

Edited by ‘Wale Sadeeq

Nationsl Economic Council ratifies Board of NSIA

Nationsl Economic Council ratifies Board of NSIA

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By Salisu Sani-Idris

The National Economic Council (NEC), on Thursday ratified the Board of Directors of the Nigeria Sovereign Wealth Investment Authority (NSIA).

The Minister of Budget and Economic Planning, Sen. Abubakar Bagudu, made this known while briefing newsmen at the end of NEC chaired by the Vice-President Kashim Shettima, at the Presidential Villa, Abuja.

The News Agency of Nigeria (NAN) reports that the NSIA is an independent investment institution, set up to manage Nigeria’s Sovereign Wealth Fund in excess of budgeted hydrocarbon revenues.

It also plays a leading role in driving sustained economic development for the benefit of all Nigerians by building a savings base for the Nigerian people.

Bagudu stated that the council received presentation on the financial statement of affairs of the NSIA and gave its approval

The minister, said the council commended the board and management of the NSIA for their efforts.

Bagudu also said that NEC received presentation from the Chairman, Revenue Mobilisation Allocation and Physical Commission on alternative funding revenue for the commission.

“The council noted the mandate of the institution and its critical role in ensuring equatable distribution of resources.

” It however disclosed that there is challenge of inadequate funding which severely constraints its capacity to effectively discharge its constitutional duty.

” The implications of the underfunding were discussed and the council resolved and appreciated the challenge being faced by the commission.

“The council directed the secretariat to study the submission as regards to the quantum presented by the commission as well as the legality of request,” he said.

NAN recalled that the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, in August inaugurated the new Board of Directors for the NSIA tasked with the critical mandate of steering the nation’s economic growth and stability

The minister had charged the board members to leverage their expertise and wealth of experience to bear in driving the NSIA’s mission of creating a sustainable future for generations to come.

The appointed Board of Directors for the NSIA comprises distinguished professionals from various sectors, carefully selected through deliberations and recommendations made by the Executive Nominations Committee.

The final approval was given by President Bola Ahmed Tinubu, following endorsement by the Vice President who serves as the Chairman of the National Economic Council (NEC).

The new Board Members include: Mr. Segun Ogunsanya – Chairman, Mr. Aminu Umar-Sadiq – Managing Director/Chief Executive Officer, Prof. Fabian Ajogwu and Mr. Abdullahi Gaya.

Others are Mr. Ahmed Goniri, Ms. Ada Osakwe, Dr. Suleyman Ndanusa, Ms. Ijeoma Taylaur and Mr. Kola Owodunni. (NAN) (www.nannews.ng)

Edited by Rotimi Ijikanmi

NEC recommends withdrawal of tax reforms bill

NEC recommends withdrawal of tax reforms bill

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By Salisu Sani-Idris

The National Economic Council (NEC) has advised that the Tax Reforms Bill, currently before the National Assembly, be withdrawn.

This recommendation was made on Thursday, following the council’s 145th meeting in Abuja.

Gov. Seyi Makinde of Oyo, explained that the NEC noted the need for sufficient alignment among stakeholders regarding the proposed tax reforms.

He cited the prevalence of miscommunication and misinformation surrounding the bill, emphasising the need for wider consultation and consensus building.

Makinde said the council acknowledged the country’s underperformance in major revenue sources.

He said the council also considered the Presidential Committee on Physical Policy and Tax Reforms presentation of a report focusing on fair taxation, responsible borrowing, and sustainable spending.

Gov. Babagana Zulum of Borno, also affirmed the council’s advice to withdraw the bill to allow for consensus building.

The News Agency of Nigeria (NAN) reports that the Tax Reforms Bill, endorsed by President Bola Tinubu and the Federal Executive Council, seeks to enhance Nigeria’s tax administration efficiency and eliminate redundancies.(NAN)(www.nannews.ng)

Edited by Abiemwense Moru

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