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FG stops employment in NDDC

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The Federal Government has ordered the suspension of any employment exercise in the Niger Delta Development Commission with immediate effect.

The Minister of Niger Delta Affairs, Senator Godswill Akpabio who issued the order, also directed the suspension of handing over of appointment letters, documentation and all other processes connected to employment into the NDDC.

A statement issued on Saturday by his Chief Press Secretary, Anietie Ekong, said Akpabio gave the directive in a letter issued by the Permanent Secretary, Ministry of Niger Delta Affairs, Didi Walson-Jack, to the Acting Managing Director of the NDDC, Dr. Akwagaga Enyia.

He said, “According to the Ministerial directive, the commission’s payroll should not accommodate any new employees and should revert to the status quo as at August 31, 2019, while he should be furnished within three days with a detailed report of any employment exercise being undertaken by the Commission.

“The letter said the suspension exercise is to subsist until a due process evaluation of the purported exercise is carried out by the Ministry in consultation with the two NDDC Committees of the National Assembly and sought prompt action of the Acting Managing Director on the matter.”

Our correspondent reported that on Wednesday, September 4 2019, Akpabio during his first meeting with the management team of the NDDC led by Enyia read a Riot Act for them sit up because “it is not going to be business as usual.”

The Minister who put the indebtedness of the commission at over N2 trillion also said it would conduct a forensic audit and analysis of the money that came into the NDDC and how it was spent all the years

Akpabio said, “Since the time of OMPADEC, you started a building; unfortunately, 20 years after, you have not been able to complete it. You should also have a little bit of sober reflection. It is a meeting to appraise where we are today, where we ought to be and where we are going.

“I don’t want you to look at me as a politician because politicians speak with both sides of the mouth. You have before you a representative of Mr. President who is very poised and determined to work with you to redirect the NDDC.

The creation of NDDC was strategic, it was a child of necessity. I believe that the NDDC has not performed well, I don’t want to say that you have failed the South-South region. But I’m saying that you have not performed well. There are a lot of complaints all over, even from the youths of Niger Delta.

“We talk about the NDDC as if it is a cash cow. But I think that in terms of debt and what you pile up, you are owing over N2 trillion. The problem we are having is that you won’t even know the ones that are real and the ones that are political.

We will do forensic analysis and audits, we will try to go backwards, even from year 2000 until now to know what came in, what went out and why we have not seen much on ground. We will stop you from doing politically motivated roads, where you go to black soils, pour asphalt and then commission it. When the first rain comes, it washes away.

We will stop you from paying N200 million to N300 million a year as rent on the headquarters you are staying. You should be ashamed of paying the state government over N200 million to N300 million a year when you could have completed where you are and move in. How come we don’t have legacy projects to show in the Niger Delta? With strong collaboration between the Ministry and Niger Delta, I see a brighter future.

“We have worked in collaboration with your financial agencies to stop all payments that you have made in the last one month. The banks are going to refund all the payments that have been made in the last one month to find out if there was anything like access stripping as a result of lack of leadership in NDDC.”

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ZENITH BANK CHAMPIONS ENVIRONMENTAL SUSTAINABILITY WITH TWO-PHASE CLEAN-UP IN LAGOS

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In line with its commitment to environmental sustainability and responsible business practices, Zenith Bank Plc has commemorated the 2026 World Environment Day with a two-phase environmental clean-up initiative in Lagos State, held under the global theme “Inspired by Nature. For Climate. For Our Future.”

The first phase was a morning clean-up conducted by staff of the Bank on Wednesday, 3 June 2026, along Ajose Adeogun Street, Victoria Island, Lagos. The exercise mobilised employees to clear waste, sensitise residents on proper disposal practices, and reinforce the Bank’s culture of community service and environmental stewardship.

The second phase, on Thursday, 4 June 2026, featured a waterways clean-up at the Falomo Waterways, Ikoyi, Lagos, executed in collaboration with the Lagos Waste Management Authority (LAWMA) and the Lagos State Waterways Authority (LASWA). The joint effort focused on removing marine debris, promoting cleaner waterways, and supporting the State’s broader climate-resilience agenda.

Speaking on the initiative, Dame Dr. Adaora Umeoji, OON, Group Managing Director/CEO of Zenith Bank Plc, said: “At Zenith Bank, sustainability is integral to how we operate. Clearing our streets and our waterways is a practical reminder that protecting the environment is a shared responsibility – and one we are proud to take up alongside LAWMA and LASWA. Through these exercises, we are taking deliberate action to preserve our communities, support climate action, and inspire others to act. Our operations will continue to align with global environmental standards as we build a more sustainable future for Nigeria and Africa.”Zenith Bank remains committed to embedding Environmental, Social and Governance (ESG) principles across its operations, investing in green initiatives, energy efficiency, and community-focused programmes. These efforts advance the United Nations Sustainable Development Goals – particularly SDG 7 (Affordable and Clean Energy), SDG 11 (Sustainable Cities and Communities) and SDG 13 (Climate Action). Sustainability remains an operational imperative across the Bank’s Nigerian base and its broader African, UK and European footprints.

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ZENITH BANK APPOINTS ENGR. MUSTAFA BELLO AS CHAIRMAN AT ANNUAL GENERAL MEETING

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Zenith Bank Plc has announced the appointment of Engr. Mustafa Bello as the Chairman of its Board of Directors. The appointment, which takes immediate effect, has been approved by the Central Bank of Nigeria (CBN) and ratified by shareholders at the Annual General Meeting held on May 5, 2026.

Engr. Bello’s appointment represents a strategic step to ensure the continuity, stability, and sustained effectiveness of the Board, while reinforcing the high standards of corporate governance, regulatory compliance, and strategic oversight for which Zenith Bank is widely respected. He joined the Board of Zenith Bank Plc on 29 December 2017 and has served on several Board committees, including the Board Audit and Compliance Committee, Board Governance, Nomination and Renumeration Committee and as Chairman of the Board Risk Management Committee until his appointment as Chairman of the Board of Directors.

He has extensive leadership experience at Board and executive levels, a strong understanding of corporate governance principles and regulatory expectations, and a proven track record in strategic oversight and organisational growth. He has consistently demonstrated integrity, independence and sound judgement, qualities that distinguished him as the natural choice to lead the Board into its next chapter.

Engr. Mustafa Bello is a distinguished engineer, statesman and corporate leader. His career spans more than four decades across the public and private sectors of the Nigerian economy. He served as Minister of Commerce of the Federal Republic of Nigeria from 1999 to 2002 under President Olusegun Obasanjo, GCFR, where he led the development of Nigeria’s WTO-consistent Trade Policy. He also oversaw the Corporate Affairs Commission (CAC) online project of 2002, which modernised the way businesses register and operate in the country. From November 2003 to February 2014, he served as Executive Secretary and Chief Executive Officer of the Nigerian Investments Promotion Commission (NIPC), where he was instrumental in attracting foreign direct investment into Nigeria, building multilateral and bilateral partnerships, and representing the Federal Government at international conferences and missions.

He graduated from Ahmadu Bello University (ABU), Zaria, in 1978 with a B.Engr. in Civil Engineering (Second Class Upper Division), winning the Shell Prize for the best project and thesis in the Faculty of Engineering. He began his career with the Nigerian Army’s Directorate of Quartering and Engineering Service from 1978 to 1979, before joining the Niger State Housing Corporation as a Senior Civil Engineer from 1980 to 1983.

He is currently the Chairman of Invest-in-Northern Nigeria Limited, a special purpose vehicle for the economic and social transformation of the Northern Nigerian economy, and has previously served on the boards of Eskom Holdings Limited of the Republic of South Africa (2004 to 2008) and FrieslandCampina WAMCO Nigeria Plc as an Independent Non-Executive Director. He is a Fellow of the Nigerian Society of Engineers and a Registered Member of Council for the Regulation of Engineering in Nigeria (COREN) as well as Fellow of the Academy of Natural Sciences & Engineering in Nigeria (ANSEN).Zenith Bank stands among Africa’s leading financial institutions, with a strong capital base and operations across Nigeria, the United Kingdom, the United Arab Emirates, Ghana, Sierra Leone, The Gambia and Côte d’Ivoire.

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FirstBank Confirms Appointment of Olayinka Ijabiyi as Group Head, Marketing and Corporate Communications

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FirstBank, West Africa’s premier financial institution and financial inclusion service provider, has confirmed the appointment of Olayinka Ijabiyi as the substantive Group Head, Marketing and Corporate Communications. The appointment takes immediate effect and reinforces strong corporate governance at a pivotal point in the Bank’s growth and transformation journey.

Olayinka Thomas Ijabiyi is a seasoned marketing and corporate communications professional with over 25 years of experience driving brand transformation, strategic visibility, and stakeholder engagement across financial services, telecommunications, media, and international development sectors.

Ijabiyi joined FirstBank in 2011 and has served in acting capacity as the Group Head of Marketing and Corporate Communications from December 2024 until his recent confirmation. In his role, he leads the development and execution of integrated marketing and corporate communications strategies across the Group’s markets. He oversees brand and reputation management, executive positioning, Corporate Responsibility and Sustainability as well as strategic communications initiatives aligned to the Bank’s business objectives/aspirations.

Prior to his current role, Ijabiyi has held leadership positions within the Marketing and Corporate Communications Department in FirstBank, including Head Brand Strategy and Special Projects, Head Digital Marketing and Head Brand and Stakeholder Management. 

Before joining FirstBank, Ijabiyi built a diverse career across leading organizations including British Council, Multichoice, MTN and Etisalat Nigeria, where he played key roles in brand building, corporate communications and digital transformation initiatives.

Widely recognized for his strategic mindset, leadership ability to translate business objectives into impactful marketing and communications strategies, he has successfully led major brand initiatives, including milestone anniversary campaigns and brand refresh programs, while consistently delivering efficiencies and enhancing brand equity.

Ijabiyi holds a Master’s degree in Public and International Affairs from the University of Lagos and a Bachelor’s degree in English Language from the former Ondo State University, Ado Ekiti. He is a Fellow of the National Institute of Marketing of Nigeria (NIMN) and a member of the Nigerian Institute of Public Relations (NIPR), amongst other industry bodies.

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