Adeosun sacks Acting SEC boss, Zubair due to unsatisfactory performance

OREDOLA ADEOLA

The Minister of Finance, Mrs. Kemi Adeosun, has sacked Dr. Abdul Zubair, Acting Director-General of the Securities and Exchange Commission.

This was confirmed in a statement issued by Mr. Oluyinka Akintunde, Special Adviser to the minister of finance.

Recall that Zubair was appointed as acting SEC DG on November 29, 2017, following the suspension of Mr. Mounir Gwarzo for alleged abuse of office.

He has now been redeployed to the External Relations Department, while Ms.Mary Uduk, has been appointed as the new Acting Director-General of the Commission, based on the provisions of the Investments and Securities Act, 2007 and the conditions of service applicable to the Director-General of the Commission.

The statement revealed that the minister in a letter dated Friday, 13th April, 2018, said Uduk’s appointment had become necessary to ensure effective regulation of the capital market.

“Her appointment will, subject to satisfactory performance, subsist until further notice.

“The minister also announced the redeployment of the former acting Director-General of the Commission, Dr. Abdul Zubair, to External Relations Department," the statement revealed.

Comments

MMA is a disgrace to Nigeria, the designer is a traitor – Tunde Alabi-Hundeyin writes VP Osinbajo

Oredola Adeola| Movie and Documentary producer, Tunde Alabi-Hundeyin Dudu, has exposed the level of rot at the Muritala Muhammed Airport, Lagos in an open letter written to Professor Yemi Osinbajo, Vice President. In the letter, the Documentary photographer, disclosed that the arrival system in Muritala Muhammed airport is a disgrace to Nigeria. He particularly noted that Nigeria has no aviation Minister, adding that whosoever designed the arrival system in MMA is a traitor. Tunde Alabi-Hundeyin He said, “Sir I’m directing my comments to you because I’m aware you toured that airport before the elections. They showed you the glittering lounges . However when you arrive in Nigeria or you go to receive someone arriving, it’s a horror story. It’s a total disgrace. Let me explain. “I had cause to go and welcome someone coming in from the US. We parked in the designated car park. Then the obstacles started. The path you have to trek to get to the front of the arrival hal...

Love life of Charles and Camilla

By Chukwudi Iwuchukwu To those who do not understand why I called the wife of the new king of England, King Charles, “Side Chick”, let me share their beautiful love story. The course of true love never runs smooth, and that was certainly the case for the Prince of Wales and the Duchess of Cornwall. It took years for the British public to accept Camilla as Charles’ new girlfriend and then wife in 2005, following the death of Diana, Princess of Wales. But over the decades, fans have warmed to the Duchess and credit her with supporting the future king and becoming his rock. As Charles and Camilla celebrated their 17th wedding anniversary last weekend, let’s take a look at their enduring love story, which started in the seventies… A chance meeting at a polo match in 1970 marked the beginning of Camilla Shand’s relationship with Prince Charles. The two – both aged 23 – began dating, but their romance cooled when the future King was called away on nav...

2019 Hajj: Six Nigerian pilgrims die in Saudi Arabia

A middle aged woman, pilgrim from Lagos State, slumped and died in the early hours of Sunday morning in Mecca during the devil stoning ritual at Jamarat Aqaba, outside Mina, thereby bringing the number of Nigerian pilgrims that have died in this year’s Hajj in Saudi Arabia to six(6). The National Hajj Commission of Nigeria confirmed the death of the Nigerian pilgrims in Saudi Arabia . Dr Ibrahim Kana , Chairman, National Medical Team, released the figure in Madinah from the commission ’s National Medical Team Electronic Health Medical Records. The Commission had earlier said, “ So far , Nigeria has lost six pilgrims including four females and two males ; out of which one died in Madina while the remaining four died in the city of Makkah. “ They all died of various illnesses including heart and lung diseases. “ Records shows that so far in both Makkah and Madina , we have made 10,485 diagnoses with Makkah accounting for over 60 per cent. “ Additionally , 108 referrals wer...

The Editorials

Search This Blog