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Sonubi Takes Over As CBN Gov ,As Tinubu Remove Emefiele

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President Bola Ahmed Tinubu has removed the Central Bank Governor, Mr Godwin Emefiele from office with immediate effect.

This is coming just as Emefiele has been asked to hand over to Adebisi Sonubi while investigations on the running of the apex bank under his watch continues.

A statement issued by the Director, Information for the Secretary to the Government of the Federation, Willie Bassey said the removal of Emefiele is sequel to the ongoing investigation.

“This is sequel to the ongoing investigation of his office and the planned reforms in the financial sector of the economy,” the statement said about Emefiele’s removal.

“Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate, Adebisi Sonubi), who will act as the Central Bank Governor pending the conclusion of investigation and the reforms,” the statement said.

In February 2014, President Goodluck Jonathan appointed Godwin Emefiele, who was then the managing director of Zenith Bank, as the CBN governor.

In May 2019, Nigeria’s Senate approved a second term of five-year for Emefiele.

Emefiele is the first Nigerian to be appointed to serve for a second term as CBN Governor since Nigeria’s return to democracy in 1999.

But his second term was surrounded with a lot of controversies, leading to his suspension. Emefiele’s second term is due to end next year.

Adebisi Sonubi

Shonubi holds double Masters Degrees in Business Administration and Mechanical Engineering, from the University of Lagos.
He was Executive Director, Information Technology, and Operations at Union Bank of Nigeria Plc, a member of the Board of Union Homes.
Director, Information Technology and Corporate Services in Renaissance Securities Nigeria limited.
He also had a stint with Citibank Nigeria Limited as its Head, Treasury Operations (1990-1993).
Between 1999 and 2007, he worked in MBC International as Deputy General Manager and supervised their IT operational platforms.
He served in First City Monument Bank Limited (FCMB) as Vice President and in Ecobank Nigeria Limited as Executive Director.
He is a resourceful Information Technology-driven banker with over 22 years professional experience.

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Kaduna State to hold education summit – Commissioner

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Kaduna State Government will convene an Education Summit as part of its strategy to bring about transformative change in the education sector, which will be anchored on four strategic pillars.

The Commissioner for Education, Professor Muhammad Sani Bello, who disclosed this while inaugurating the steering committee, further said that the event will be titled KADA EDUPACT International Summit 2025″.

According to him, one of the pillars is the Policy/Governance/Innovative Education Financing Pillar.

The Commissioner also listed the Access and Retention, Credible Learning Outcomes From Quality Inputs Pillars, as well as the Technology and Innovation pillars.

Prof Bello argued that the main objective of the summit is “to forge an Educational Pact between the government and the people, establishing commitment to shared model for education delivery, measurable outcomes and clearly defined negotiables.”

He further said that experts will make motivating presentations, adding that the Summit will provide opportunity for robust discussions on local and international investments in education, policy-making as well as technological innovations for improved teaching and learning.

The Commissioner also assured that a comprehensive education development roadmap for Kaduna State would fashioned out during the summit.

He said that the Director General of Kaduna State Schools Quality Assurance Authority, Professor Usman Abubakar Zaria, will coordinate the activities of the steering committee, whose membership cuts across relevant Ministries Department and Agencies.

Sub-committees to handle various aspects of the summit were announced immediately after the steering committee was inaugurated.

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Police Bust Human Trafficking Ring In Oyo, Rescue 84 Victims

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The Oyo State Police Command has uncovered a human trafficking ring in Ibadan, the Oyo State capital.

In a major operation, the police rescued 83 individuals and a child from a house in the Orogun area of the city, where they had allegedly been held for an undisclosed period.

Preliminary reports suggest that the victims, believed to be nationals of the Democratic Republic of Congo, were lured to Nigeria under the pretence of being offered employment opportunities.

There are also claims that the perpetrators extorted significant sums of money, reportedly in dollars, from the victims’ parents and relatives as part of the elaborate scheme.

The rescued individuals are currently at the Police Headquarters in Eleyele, Ibadan, where authorities are conducting further investigations to ascertain the full details of the case.

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Pope Francis Laid To Rest In Santa Maria Maggiore Basilica

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Pope Francis was buried inside his favourite Rome church after a funeral mass in St Peter’s Square, the Vatican said on Saturday.

Francis, who died on Monday aged 88, was laid to rest during a 30-minute ceremony which started at 1:00 pm (1100 GMT) at the Santa Maria Maggiore basilica in the Italian capital.

Footage shared by the Holy See showed cardinals marking his wooden and zinc coffin with red wax seals.

Cardinal Kevin Farrell, who as camerlengo is running the Vatican’s day-to-day affairs until a new pope is elected, sprinkled it with holy water after it was lowered into a tomb set inside an alcove.

A reproduction of the pectoral cross worn by Francis during his lifetime hung above it.

Francis had asked that the tomb, located near the altar of Saint Francis, be simple and unadorned, reflecting the humble spirit of his papacy.

The tombstone bears only the inscription “Franciscus” — the pope’s name in Latin.

Its marble is sourced from Liguria, the northwestern Italian region once home to the Argentine pontiff’s Italian ancestors.

Francis, born Jorge Bergoglio, had specified in his will the exact spot he wanted to be buried, in the side nave of the beloved fifth-century AD church.

The pontiff was devoted to the worship of the Virgin Mary and made a point of praying in Santa Maria Maggiore before leaving on trips abroad and upon his return to Rome.

Located in the heart of Rome, the basilica already holds the tombs of seven popes.

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