A Nollywood actor, Dejumo Lewis, is dead.
The veteran actor died at the age of 80
Actor, Saidi Balogun, confirmed his passing in a post shared on his Instagram account on Saturday.
Sharing the photo of the late veteran, Saidi wrote, “Good night DEJUMO LEWIS, may your soul rest in perfect peace. RIP.”
While the specific details surrounding Lewis’ passing remain undisclosed, Balogun’s tribute has ignited an outpouring of condolences from fans and other actors and actresses.
Lewis is a Nigerian film and television actor, famous for the Kabiyesi role in The Village Headmaster, Nigeria’s longest-running television soap opera shown on NTA from 1968 to 1988 that stared Justus Esiri and Femi Robinson and many others.
Lewis is also known for his memorable performances in acclaimed films such as “A Place in the Stars” (2014), “Crossroads” (2020), and “Power of 1” (2018),
Former Super Eagles forward, Nwankwo Kanu, has revealed that representing Nigeria at the 2004 Africa Cup of Nations affected his game time at Arsenal during the 2003/04 season, PUNCH reports.
Arriving at Arsenal midway through the 1998/99 season, Kanu swiftly became a key figure, contributing significantly to the club’s triumphs. As the Invincibles season approached, he boasted an impressive record, having secured three major honours for the Gunners and accumulating more than 150 first-team appearances.
In January and February of 2004, Kanu represented Nigeria at the 2004 AFCON finals in Tunisia, a tournament that would significantly impact the remainder of his Arsenal season.
The Super Eagles made it to the semi-final at the competition, losing to Tunisia on penalties and eventually claimed the bronze medal.
Upon his return to England, Kanu struggled for game time as Arsenal completed the historic Premier League invincible season.
Kanu had played in nine league matches before representing Nigeria at AFCON, but only played one more match in the EPL for the rest of the season upon his return.
“It was difficult, because in a squad of so many good players, when you lose your place, it’s hard to get it back,” Kanu said on the club’s official website, arsenal.com.
“Obviously Arsenal did very well while I was away, so it was hard for me to get into the team again after going away.
“Sometimes it worked the other way, when you go away sometimes, they need you back in the team or need to change things, but this season they didn’t need to change anything.”
Kanu concluded his Gunners career with 44 goals from 198 appearances in all competitions.
The Central Bank of Nigeria, CBN has lifted ban on transaction in cryptocurrencies, saying banks and other financial institutions can now provide services to cryptocurrency exchanges and dealers also know as Virtual Assets Providers, VAPs.
The CBN however said that bank accounts opened for VAPs cannot be used for cash withdrawal and third party cheque.
However the CBN excluded banks from holding or transacting in cryptocurrencies.
Director, Financial Policy and Regulation, CBN, Haruna Mustafa announced the new directive in a circular to banks and other financial institutions, titled, Guidelines on Operations of Bank Account for Virtual Assets Providers, VAPs)
The Circular stated:”The CBN in February 2021 issued a circular restricting banks and other financial institutions from operating accounts for cryptocurrency service providers in view of the money laundering and terrorism financing (ML/TF) risks and vulnerabilities inherent in their operations as well as the absence of regulations and consumer protection measures.
“However, current trends globally have shown that there is need to regulate the activities of virtual assets service providers (VASPs) which include cryptocurrencies and crypto assets. Following this development, the Financial Action Task Force (FATF) in 2018 also updated its Recommendation 15 to require VASPs to be regulated to prevent misuse of virtual assets for ML/TF/PF.
“Furthermore, Section 30 of the Money Laundering (Prevention and Prohibition) Act, 2022 recognizes VASPs as part of the definition of a financial institution. In addition, the Securities and Exchange Commission (SEC) in May 2022 issued Rules on Issuance, Offering and Custody of Digital Assets and VASPs to provide a regulatory framework for their operations in Nigeria.
“In view of the foregoing, the CBN hereby issues this Guidelines to provide guidance to financial institutions under its regulatory purview in respect of their banking relationship with VASPs in Nigeria.
“The Guidelines supersedes the CBN’s circulars referenced FPR/DIR/GEN/CIR/06/010 of January 12, 2017 and BSD/DIR/PUB/LAB/014/001 of February 5, 2021 on the subject. However, banks and other financial institutions are stili prohibited from holding, trading and/or transacting in virtual currencies on their own account.”
The men of the Kano State Police Command have arrested a couple, Dayyabu Abdullahi and Hasfat Surajo, for allegedly killing one Nafiu Hafiz, who owed them a sum of N10 million.
Hafiz had promised to pay the money within ten months, which elapsed in October. He (Hafiz) reportedly pleaded for an extension till December, which he again failed to keep to.
A friend of the deceased, Fatima Gambo, said when Hafiz couldn’t pay the couple N10 million he borrowed, he begged them for further extension, adding that the company he was executing a project for had not reimbursed him because the CEO had just celebrated two of his daughters’ wedding.
“In the last attempt, on Wednesday that he went to solicit for further extension of his debt repayment, the wife of the man he owed allegedly stabbed him, but they kept his corpse in their house and at night called his father that their son went to the hospital for the surgery, then he died.
“Although the deceased has been a little sick and had confirmed been alright, which convinced the parents that they could be telling the truth.
“So the father and his brothers left Bauchi State around 12 am and arrived in Kano at about 4 am. They went straight to their house to pick up the remains of his son for burial, only to discover that the body was still dripping blood. That raised suspicion even after the couple claimed that they had invited an Imam to bathe and robe him for Islamic burial rites.
So, one of the brothers who accompanied the father, Hafizu Salisu, contacted the police and briefed them on the development,” she added.
When contacted, the spokesperson for the state’s command, Haruna Abdullahi, confirmed the incident, adding that an investigation is ongoing to bring the perpetrators to book.
In the statement he sent to our correspondent, Abdulahi said, “On 21/12/2023 at about 0700hrs, report was received from one Hafizu Salisu of Bauchi Metropolis of Bauchi State that he received a phone call from one Dayyabu Abdullahi ‘m’ of Unguwa Uku Quarters Kano that his brother one Nafi’u Hafiz aged 38 years, is dead and that they should come and convey the corpse for burial.
“When they arrived at the residence at Unguwa Uku Quarters Kano, they discovered several injuries on different parts of the lifeless body suspected to be knife stabs.
“The Commissioner of Police, CP Mohammed Usaini Gumel, directed the Divisional Police Officer, Zaria Road Division, SP Abubakar Chika Zaki, to lead a team of detectives to the scene and to conduct a preliminary investigation.
“Upon arrival at the crime scene by the detectives, the motionless body was removed from the scene and rushed to Aminu Kano Teaching Hospital, where a medical doctor certified the body dead.”
Abdullahi added that further investigation led to the arrest of Hasfat Surajo, aged 24 years, a female housewife of the residence where the deceased lived, stressing that Hafsat admitted that she singlehandedly committed the act by stabbing the deceased on several parts of his body with a knife while he was preventing her from committing suicide.
“Her husband, Dayyabu Abdullahi, aged 38 years, ‘m’, of the same address, and their gateman, Mallam Adam, aged 65 years, were arrested for packaging and concealing the dead body and cover,” the statement added.
He further said that the knife stained with blood recovered from the crime scene would be subjected to thorough and discreet investigation, after which the suspect would be charged in court.
A veteran actor, Patrick Doyle, says that Christmas used to be more fascinating when he was younger.
He noted that though he cannot recall any particular Christmas as his most memorable, it was usually a fascinating period for him, especially when he was between the ages of six and 10.
He told Saturday Beats, “I honestly have no annual Christmas ritual. All I know is that my mood is generally upbeat each Christmas season.”
Talking about how he intends to spend Christmas with his wife, the role interpreter said, “My wife and I have been together for more than two Christmas, so there is nothing new about us spending Christmas together. However, this December, Deji Ali— an old classmate at Finbarr’s— gifted us an all-expense paid ‘staycation’ at the Lakowe Lakes Golf Resort (Lagos). It was really good.”
Doyle also stated that he does not let the economic situation of the country determine his happiness. He said, “I never let the economy dictate the level of my joy. The joy of the Lord and the celebration of the person of Jesus is too exciting for me to worry about what I can or cannot afford.”
Speaking on the growth of the Nigerian entertainment industry, the actor said, “The tremendous growth of the Nigerian entertainment industry has been essentially organic without much interference and deliberate tinkering. I strongly believe the less we obsess with its development, the better it is for the industry; lest we jinx it. Let it just continue to flourish as it is without any ‘oversabi’ input from any quarter.”
Manchester City won the Club World Cup for the first time to end 2023 with five trophies after a 4-0 win over Fluminense in Jeddah on Friday.
City’s victory extended European clubs’ domination of the competition since 2012 and was never in doubt once Julian Alvarez opened the scoring inside the first minute.
Nino’s first-half own goal realistically ended the Brazilians’ dreams of an upset, before Phil Foden and Alvarez rounded off the scoring in the final 20 minutes.
City’s poor Premier League form before flying out to Saudi Arabia had raised Fluminense hopes that Pep Guardiola’s men could be vulnerable.
But the growing chasm between Europe’s elite clubs and the rest of the world thanks to huge financial imbalances in the global game was instead exposed.
European clubs have won 22 consecutive games at the Club World Cup.
City laboured for 45 minutes to break down Japan’s Urawa Reds in the semi-final before cruising to a 3-0 win.
This time, they needed less than 45 seconds.
Fluminense’s old guard saw them through a tricky semi-final against African champions Al Ahly. But it was one of their experienced heads that was at fault for the opening goal as former Real Madrid captain Marcelo gifted possession to Nathan Ake with a wayward pass.
The Dutch defender strode forward and curled a fine effort off the post from outside the box. The rebound fell for Alvarez to chest into an unguarded net.
At just 23, Alvarez added to his remarkable haul of silverware that includes the World Cup and Copa America with Argentina at international level, the Copa Libertadores during his time at River Plate, plus Premier League, Champions League, FA Cup and UEFA Super Cup medals during just over a year at City.
Premier League side. Aston Villa are interested in signing Super Eagles striker, Kelechi Iheanacho
According to online reports, Aston Villa, are planning to make a move to sign the in-form Nigeria international during the January transfer window.
The Super Eagles forward has just six months on his current contract and will be free to discuss terms with other clubs from January.
Following the Foxes’ relegation from the Premier League to the championship, a host of clubs like West Ham, Fulham, Brentford, and Wolves all showed interest in the Nigerian but he remained at the King Power Stadium.
So far, Iheanacho has made 20 appearances in all competitions for the Foxes this season under new manager Enzo Maresca, scoring six goals and providing two assists.
The General Superintendent of Deeper Christian Life Ministry, Pastor William Kumuyi, has kicked against same-sex marriage, saying it is not biblical.
While speaking at the Deeper Life International Conference Centre, KM 48 Lagos-Ibadan Expressway, on Wednesday, December 20, Kumuyi stressed that the command of Christ Jesus was for a man to get married to a woman.
“The Lord Jesus Christ told us before he left that we should go to the world, teach all nations, baptizing them in the name of the Father, the Son, and the Holy Ghost; teaching them to observe all things whatsoever I have commanded you. He even says heaven and earth shall pass away but his words will not pass away.
We stand in obedience to Christ and submissive to him and we carry on the works of Christ that said a man and a woman should be joined together in marriage until death do us part,” Kumuyi said
His statement comes a few days after Pope Francis granted permission to priests to bless same-sex couples in church. However, he said the union will not be recognized as marriage.
“Such blessings should not be conducted with any church rites that offer the impression of a marriage,” the pope said
Vin Diesel, the US actor, is being sued by Asta Jonasson, his former personal assistant, over an alleged sexual assault in 2010.
In a lawsuit filed on Thursday, Jonasson alleged that the sexual battery took place at St Regis Hotel in Atlanta during the filming of ‘Fast Five’.
She claimed that the actor pinned her to a wall as he performed a sex act on himself.
The lawsuit alleges that Diesel “ignored Jonasson’s clear statements of non-consent” as he groped her.
The former assistant claimed that after the incident, she was contacted by Samantha Vincent, the actor’s sister — who runs One Race Films, Diesel’s production company — and was fired.
The lawsuit includes charges of wrongful termination, gender discrimination, illegal retaliation, and emotional distress.
Jonasson also claimed she felt exploited for Diesel’s desires.
“It was clear to her that she was being fired because she was no longer useful – Vin Diesel had used her to fulfil his sexual desires,” the suit alleges.
“Ms Jonasson felt helpless, her self-esteem was demolished, and she questioned her skills and whether a successful career would require her to trade her body for advancement.”
However, Bryan Freedman, Diesel’s lawyer, denied the claims, arguing that this was the first time his client had heard of the accusation.
“This is the first he has ever heard about this more than 13-year-old claim made by a purportedly 9-day employee,” he said.
Diesel has appeared in more than 60 TV and film titles.
He is also among the producers of the global hit franchise of ‘Fast & Furious’ films.
He has several upcoming projects in the works, including “Fast X: Part 2.”
[TheCable]
The Peoples Democratic Party, PDP, has slammed the ruling All Progressives Congress, APC, as a failed government.
The party in a post on its official X handle on Friday, claimed that the APC governments at all levels have failed.
It, however, claimed that governors elected on the platform of the PDP were performing and fulfilling their promises.
The statement followed a report that operators of the Oza oil field, Decklar Resources Inc., and its co-venturer, Millenium Oil & Gas Company Limited have delivered a total of 75,500 barrels of crude till date to two modular refineries in Edo State.
Reacting to the development, PDP said the commencement of oil production with the delivery of 75,500 barrels of crude from Oza oil field to two refineries in the state is highly commendable.
The party said it is a testament to the wonderful investment opportunity the governor of the state, Godwin Obaseki, had created for both local and international companies.
“The story coming from Edo State on the commencement of oil production with the delivery of 75,500 barrels of crude from Oza oil field to two refineries in the state is highly commendable. The is a great leap and a testament to the wonderful investment opportunity the @GovernorObaseki administration has created for both local and international companies.
“Unlike the failed @OfficialAPCNg governments at all levels, the @OfficialPDPNig Governors are performing and fulfilling their promises and the letters of the manifesto of our great party, the PDP.”
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Angola has given a reason for quitting the oil producers’ organisation, OPEC, on Thursday.
According to the African oil-producing country, her exit from OPEC is because the cartel no longer serves its interest amid a protracted dispute on output quotas.
The decision of the African oil giant follows last month’s decision by the 13-member cartel and ten allied nations to further slash oil production in 2024 to prop up volatile global prices.
Angola currently produces about 1.1 million barrels daily, of the 30 million from the whole of Opec.
The market responded to the news as Oil prices fell, with Brent prices down over $1 to $78.5 a barrel by 12:50 GMT on Thursday.
Angola’s decision to withdraw from Opec came at Thursday’s cabinet meeting.
Mineral Resources and Petroleum Minister, Diamantino Azevedo said Angola decided to leave Saudi Arabia-led OPEC because it no longer served the African country’s interests.
“We feel that at this moment, Angola gains nothing by remaining in the organisation and, in defence of its interests, it decided to leave.
“If we remained in Opec… Angola would be forced to cut production, which goes against our policy of avoiding decline and respecting contracts,” he said.
Angola – an Opec member for 16 years – joined Ecuador, Indonesia and Qatar, which have exited the cartel.
OPEC is a group of oil producers, including Nigeria, that decides how much crude oil to sell on the world market, along with an expanded group called Opec+.
The Governor of the Central Bank of Nigeria, Oluyemi Cardoso, recently announced plans to recapitalize banks in anticipation of achieving the Tinubu administration’s target GDP size of $1 trillion.
Speaking on the process of recapitalization, Cardoso highlighted the crucial need for banks to be recapitalized, considering the substantial developmental role the apex bank anticipates them to fulfill over the next seven years.
“Considering the policy imperatives and the projected economic growth, it is crucial for us to evaluate the adequacy of our banking industry to serve the envisioned larger economy. It is not just about the stability of the financial system in the present moment, as we have already established that the current assessment shows stability.
“However, we need to ask ourselves: Will Nigerian banks have sufficient capital relative to the financial system’s needs in servicing a $1.0 trillion economy shortly? In my opinion, the answer is “No!” unless we take action. Therefore, we must make difficult decisions regarding capital adequacy. As a first step, we will be directing banks to increase their capital,’’ Yemi Cardoso
This announcement has sent ripples through the banking industry, echoing the events of 2004 when the Soludo-led Central Bank increased bank minimum capital requirement from N2 billion to N25 billion in a move called banking consolidation.
- The decision at that time compelled numerous banks to merge, reducing the number of banks in the country from over 100 to just 25 by the end of the consolidation process.
- It has been nearly 20 years since then, and commercial banks have substantially increased their shareholder funds.
- But while we have experienced a significant increase in shareholder funds, adjusting for exchange rate devaluation over the years suggests banks are not as strong in terms of capital at least in dollar terms.
Most analysts believe this is perhaps why the central bank is keen on increasing bank’s share capital in 20224.
Bank Shareholder funds
Most tier-one banks, commonly known as FUGAZ, now possess over N1.5 trillion in shareholder funds.
- A selection of the top 10 Nigerian banks also reveals a combined shareholder fund exceeding N11 trillion.
- These are primarily composed of retained earnings, other reserves, and various forms of tier 1 capital acquired from external investors.
- On paper, many of these banks appear robust, and the Central Bank governor has affirmed that they maintain acceptable capital adequacy ratios, meeting most, if not all, of the apex bank’s regulatory benchmarks for solvency.
A recent central bank report also confirmed the soundness of Nigerian banks suggesting their capital adequacy ratios (CAR) was around 14.2%, higher than the 13.8% recorded in the previous quarter.
CBN determined to increase capital
Despite this, credible sources have informed Nairametrics that the apex bank is firmly proceeding with its recapitalization plans, with a formal announcement expected early in 2024.
- Although the exact capital requirements for banks remain unclear, Nairametrics Research anticipates that the focus will be on the bank’s share capital rather than their shareholder funds.
- The share capital of banks comprises issued capital (based on the nominal price) and the share premium (the difference between the nominal price and the actual capital raised).
- Typically, most banks have a significant market share premium but moderate share capital, which is calculated by multiplying their outstanding shares by the nominal share price of 50 kobo.
Current Share Capital of Banks
According to data from Nairametrics Research, 11 major Nigerian banks listed on the NGX have a combined share capital of N1.8 trillion, in contrast to shareholder funds of over N11 trillion, based on their third-quarter results for 2023.
- On average, these banks have a share capital of N163.9 billion, with Ecobank possessing the highest capital at N353 billion and Wema Bank the lowest at N14.9 billion.
- Industry insiders suggest that the Central Bank’s recapitalization plans might vary depending on the size of the banks.
- For instance, Tier 1 banks with an international presence could face significantly higher capital base requirements compared to Tier 2 and regional banks.
What is also poignant to add is that Nigerian banks also have “other forms of capital” estimated at N4.8 trillion per Nairametrics research.
This capital includes reserves, and other forms of tier 1 capital such as quasi debts, reserves held by CBN, etc. The banks also have another combined N4 trillion in retained earnings as of September 2023.
The apex bank is however likely to exclude this capital from the amount it requires the banks to raise in 2024 focussing mainly on share capital (ordinary share capital plus share premium).
Scenario Analysis
In light of this, Nairametrics conducted a scenario analysis assuming a share capital base of N300 billion for Tier 1 banks, N150 billion for Tier 2 banks, and N50 billion for regional banks. This scenario indicates a potential overall capital requirement.
- Based on a scenario of N300 billion share capital, Tier 1 banks could be required to raise around a combined N472 billion.
- If it is N200 billion then they might raise just N149 billion with only GTB and UBA only required to raise capital. In a scenario for N500 billion then the total raise can be a combined N1.6 trillion (inclusive of Ecobank).
However, for this story, we focus on the implication of a scenario for N300 billion.
Tier 1 Banks – Target: N300 Billion
In this scenario, all the Tier 1 banks listed will need to raise capital to meet the minimum share capital requirement of N300 billion.
- United Bank for Africa (UBA), a key player among the FUGAZ, currently boasts a total share capital of N115.8 billion.
- Under the new threshold of N400 billion, UBA might need to raise an additional N184.1 billion, representing the largest capital requirement among all the banks.
- Guaranty Trust Bank (GTB) follows, with a potential need to increase its capital by N161.8 billion, supplementing its current share capital of N138.1 billion.
- Zenith Bank, First Bank of Nigeria Holdings (FBNH), and Access Bank, which complete the FUGAZ group, are likely to require capital raises of N29.2 billion, N48.6 billion, and N48.1 billion, respectively.
- Ecobank, on the other hand, currently has a share capital of N353.5 billion, already exceeding the N300 billion benchmark used in this scenario.
Tier 2 Banks – Target: N150 Billion
In this scenario, all the Tier 2 banks listed will need to raise capital to meet the minimum share capital requirement of N150 billion.
- Sterling Bank faces a significant challenge, as it will likely need to secure an additional N92 billion to reach the target, given its current share capital of just N57.1 billion.
- Other banks in this category, such as Stanbic IBTC, Fidelity Bank, and First City Monument Bank (FCMB), will need to raise N40.7 billion, N34.6 billion, and N24.7 billion respectively to align with the new threshold.
Wema Bank, categorized as a regional bank in our analysis, may need to raise N35 billion.
- However, it’s noteworthy that the bank recently completed a capital raise of N40 billion, already exceeding the N50 billion threshold set for regional banks in our scenario.
- Otherwise, it will need an additional N100 billion to meet the tier 2 bank target used in our scenario.
What this means
Whilst the apex bank’s plan for bank recapitalization is welcomed, banks will be under pressure to post a higher return on equity to justify the raise.
- According to Nairametrics research, Nigerian banks posted a return on average equity of 18%close to the annual average inflation rate of 18.85% in 2022.
- Whilst their 2023 results have performed well above inflation, this is largely due to exceptional item effects of forex gains.
A recent report on Nairametrics also suggests the central bank could rely on CAR as a means towards achieving its capitalization target for banks, an option different from a straight increase in share capital.
- Currently, the CBN requires that banks with international subsidiaries maintain a capital adequacy ratio (CAR) of 15.0% while banks without international subsidiaries maintain a CAR of 10.0%.
- The minimum requirement for systemically important banks is 16.0% (although the CBN has been giving a forbearance).
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Following the implementation of BASEL III, an additional tier 1 capital is required for a Capital Conservation Buffer (CCB1) of 1.0% of TRWA.
[Nairametrics]
Same-sex saga: If devil wants to end Christianity, he’ll first destroy Catholic church – Fr Kelvin
AdminA Nigerian missionary priest serving in Gambia, Rev Fr Kelvin Ugwu has claimed that the devil would only need to destroy the Catholic church in order to wipe Christianity off the earth.
The Catholic priest stated this in a post on his verified Facebook page while reacting to the controversial document endorsed by Pope Francis regarding same-sex marriage.
Recalls that report emerged earlier in the week, indicating that the Vatican approved blessings for same-sex couples.
This development has stirred controversies across the world, as many Christians, including some Catholic bishops distanced themselves from the document.
Some unbelievers have also taken to social media to ridicule Christians over the development.
But Fr Kelvin in his reaction, urged his followers to steer clear of posts and discussions mocking the Christian faith.
He said, “This is not the time for mockery. Don’t join those who have been looking for this opportunity to ridicule our faith in Christ.
“For Christians all over the world, I say this, if the devil wants to scatter this Christian faith kpatakpata, all he needs to do is to destroy the Catholic church. You may not see it, but I don’t pray you see it ever.”
The priest lamented the ambiguity in the document issued by the Vatican, stressing that the undetailed content birthed the controversies.
“A document that almost every Bishop had to explain and clarify to their diocesan people, the Catholic Bishops conferences had to explain, and priests had to explain to their parishioners both online and offline, is not a good document.
“Yes, the document did not say much or make any clear stipulations, and that is basically the problem with the document. What it did not say is more devastating than what it was trying to say”, he added.
The Nigerian Army Council has endorsed advancing 47 Brigadier Generals to the esteemed position of Major General.
Additionally, 75 Colonels have been elevated to the rank of Brigadier General.
The one hundred and twenty-two personnel promoted were confirmed in a statement released on Thursday by the Director of Army Public Relations, Brigadier General Onyema Nwachukwu, Naija News reports.
Those promoted to the rank of Major General include Brigadier General WB Etuk, who serves as the Commandant of the Nigerian Army College of Logistics and Management, as well as Brigadier General JE Osifo, who holds the position of Commandant at the Nigerian Army School of Finance and Administration.
Also promoted are Brigadier General WM Dangana, Commander Sector 3 Joint Task Force North East Operation HADIN KAI, Brig Gen TB Ugiagbe, Acting Chief of Military Intelligence, Brig Gen ASM Wase, Deputy Director General Land Forces Stimulation Centre, Nigeria Operations, Brig Gen MA Abdullahi, Commandant Depot, Nigerian Army, Brig Gen BI Alaya, Commander, Command Engineering Depot, Brig Gen AO Oyelade, Director Personnel Planning, Army Headquarters, Department of personnel Management, Brig Gen OO Arogundade, Commandant, Nigerian Army School of Electrical, among others.
Officers promoted from the rank of Colonel to Brigadier General are Col Nwakonobi, Chief of Staff, Headquarters 3 Brigade; Col MC Akin Ojo, Commander 41 Engineer Brigade; Col BM Madaki, Deputy Director, Army Headquarters, Operations Monitoring Team; Col MO Edide, Director, Staff Army War College Nigeria, Col KE Inyang, Commander 76 ST Brigade, Col OO Nafiu, Chief of Staff, Office of the Chief of Army Staff, among others.
In his remark, the Chief of Army Staff, Lieutenant General Taoreed Lagbaja, congratulated the recently promoted senior officers and their families.
Furthermore, he urged them to intensify their endeavours to validate their promotion and their trust.