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Meet Urum Eke who rejected Tinubu’s CBN appointment

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A consultant with the World Bank, Urum Eke, on Thursday, rejected President Bola Tinubu’s appointment to serve as a member of the Central Bank of Nigeria Board of Directors.

Tinubu had, on February 13, forwarded the names of Eke and four others for confirmation as members of the board for the CBN.

However, during the confirmation, the former Governor of Abia State, Senator Orji Kalu, ( APC, Abia North ) told the Senate that Eke, who is his constituent, had called him on the phone to reject the offer, noting that it would conflict with his present job as a consultant with the World Bank.

This came to the fore during the Thursday plenary when the Senate began the process for the confirmation of the nominees.

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The Senate, however, has confirmed the appointment of four other members of the Board of Directors of the CBN – Robert Agbede; Ado Yakubu Wanka; Professor Murtala Sabo Sagagi and Mrs. Muslimat Olanike Aliyu.

In this piece, PUNCH Online highlights 13 facts about Eke:

Born on November 20, 1964, Eke attended the Comprehensive Secondary School, Aba and Government College, Umuahia, the state capital, for his West African School Certificate and Higher School Certificate respectively.

He obtained a bachelor’s degree in Political Science from the University of Lagos in 1985.

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Afterwards, Eke earned his Master in Business Administration in Projects Management Technology from the Federal University of Technology, Owerri in 2008.

The 59-year-old is an Alumnus of the prestigious Lagos Business School and the Wharton Business School, amongst others.
Eke is a recipient of Nigeria’s National Order of Merit and National Honour of Member of the Order of the Federal Republic.

He began his career in 1986 with Deloitte Haskins & Sells International as a senior auditor till 1991.

Eke further went on to serve as an Executive Director at Diamond Bank Plc for 19 years from 1992 – 2011.

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Eke, a consummate financial services expert, is a former Group Managing Director at First Bank of Nigeria Holdings Plc.

He also served as a Non-Executive Director on the Boards of FBN Limited and FBN Merchant Bank Limited.

In 2017, he was appointed to the board of the Nigeria Sovereign Investment Authority (Sovereign Wealth Fund) and served until 2021.

Eke is the Executive Chairman, Fairchild Group which comprises Fairchild Capital Ltd, Fairchild Base Investment Ltd, Fairchild Ventures Ltd, among others.

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He is also the Chairman, Board of Directors of NSIA-LUTH Cancer Centre, a foremost cancer treatment centre in West Africa.

Eke has over 35 years of experience in financial services covering auditing, business assurance, consulting, amongst others.

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Tinubu nominates Melvin Ayogu to CBN board, requests Senate approval

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President Bola Tinubu has nominated Melvin Ayogu to the board of the Central Bank of Nigeria and has sought Senate confirmation for the appointment.

The Special Adviser to Tinubu on Information and Strategy, Bayo Onanuga, made this in a statement on Wednesday.

Tinubu also sought Senate confirmation for Nwakuche Ndidi as controller-general of the Nigerian Correctional Service.

He said the requests, conveyed in letters to Senate President Godswill Akpabio, were read during Tuesday’s plenary.

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Tinubu had previously nominated Robert Agbide, Ado Wanga, Murtala Sagaley, Urom Eke, and Olayinka Aliyu to the CBN board in February 2024.

However, on February 29, 2024, the senate confirmed four people as members of the board of the CBN after Eke rejected the offer, citing “conflict of interest”.

Tinubu replaced Eke with Ruby Onwudiwe on March 13, 2024; however, a day after, reports circulated that the president withdrew her nomination over political affiliation with the Labour Party, an opposition of the All Progressives Congress.

The decision reportedly followed pressure mounted on the president by members of the APC, as Onwudiwe publicly supported Peter Obi, who contested on the LP platform against Tinubu, at the 2023 presidential elections.

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LSHA crisis: Tinubu meets Obasa, Meranda at Presidential Villa

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Members of the Lagos State House of Assembly have arrived the State House, Abuja, to meet with President Bola Ahmed Tinubu.

The legislators who arrived in two coaster buses had been allowed into the President’s office area to wait for the meeting.

Both the reinstated Speaker of the Assembly, Hon Mudashiru Obasa, and the ousted one, Hon Mojisola Miranda, were also sighted in the team.

While Meranda arrived with her colleagues at some minutes past 2pm, Obasa arrived separately at about 2:50pm.

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The meeting may not be unconnected with the recent leadership crisis in the State House of Assembly.

It would be recalled that Hon. Obasa was impeached as Speaker by a majority of his colleagues, but he was latter reinstated after the intervention of the political leaders especially the Governor’s Advisory Council, (GAC)

Despite the Speaker’s reinstatement, it was gathered that the bad blood as a result of his impeachment is yet to be over.

The Nation

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Fubara’s Letter To Rivers Assembly Over S’Court Verdict Is ‘Useless’-Wike declares

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The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has discribed as “useless” the letter sent by Governor Siminalayi Fubara to the Rivers State House of Assembly, requesting a meeting regarding the Supreme Court’s ruling on the state’s political matters.

During a conversation with journalists in Abuja on Wednesday, Wike, the former governor of Rivers State, voiced his disapproval, emphasizing that Speaker Martins Amaewhule and other members of the Rivers Assembly are independent individuals who deserve respect.

Wike argued that instead of issuing a public letter to invite the lawmakers, Fubara should have contacted Amaewhule and his team directly by phone to schedule a private meeting at a convenient time.

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