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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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Po!n, betting sites recorded 162m Nigerian visitors in June – Report

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A report by global data and business intelligence platform, StatiSense, has revealed that more than 162 million Nigerians visited porn and betting websites in June 2024.

According to the platform’s most recent data, which lists the top ten websites that Nigerians saw on their mobile devices in June, a sizable percentage of this traffic visited websites with gambling and pornographic content.

A post on StatiSense’s official X page revealed that a variety of search engines, social media apps, and betting platforms were among the most popular websites.

Notably, two pornographic websites, Xvideos and Xnxx, came in second and sixth place respectively with a total of 80.18 million visits.

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In addition, Nigerian mobile users visited sporting websites 176.83 million times. Of these, 83.1 million visits were allocated to sports betting sites Sportybet and Bet9ja, which secured third and fourth places on the list.

Google and Facebook were also among the sites that featured prominently in the report.

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Reps hail Wike, Tamuno over AICL’s improved revenue, infrastructure

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Members of the House of Representatives’ Committee on FCT, led by Hon. Aliyu Muktar Betara have applauded the Minister of Federal Capital Territory (FCT), Nyesom Wike over ongoing infrastructural development projects across the nation’s capital city.

The lawmakers who spoke during an interactive session with the Group Managing Director of Abuja Investment Company Limited (AICL), Dr. Maureen Tamuno applauded her ingenuity towards improved revenue generation since her assumption of office.

While presenting her scorecard and strategy adopted in the turnaround of Abuja Investment Company Limited to the Committee, Dr. Tamuno disclosed that AICL only manages the district markets, not the entire markets across the territory.

According to her, Wuse Markets is owned 90 percent by the individuals who bought the shops while AICL owns 10 percent.

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“For example, Wuse Market is owned 90 percent by the owners, we own 10 percent. What Abuja Management does for Wuse market is to manage the facility there through the toll taking which they do collect on our behalf and then they manage the facilities, they manage the refuse collections and they also work with the market association.”

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Tinubu serious in solving economic crisis — Wike

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Minister of Federal Capital Territory (FCT), Nyesom Wike on Friday said President Bola Ahmed Tinubu is serious in solving the economic crisis in the country.

Wike gave the assurance during the inspection of the ongoing construction of the 7.3 kilometers Gaba/Tokulo road in Bwari Area Council.

He pleaded with Abuja residents to give the present administration the needed support to deliver the dividends of democracy.

Addressing reporters during the inspection visit, the FCT Minister expressed satisfaction with the speed and quality of work on the road project and assured that it will be adequately funded to ensure its timely completion by December this year.

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The Minister who revealed that the project was 40 percent complete, said about 70 percent of the contractual sum has been paid to the contractor by the FCT Administration and expressed confidence in the capacity of the contractor to deliver the project within the agreed schedule.

Wike further disclosed that the Gaba/Tokulo road, when completed, will not only enhance transportation in the rural parts of the FCT, but will also improve food security in the nation’s capital by providing access to the farmlands, as well as access to the markets.

He also stressed the commitment of the FCT Administration to providing infrastructure in the FCT Area Councils, in line with the Renewed Hope Agenda of President Bola Ahmed Tinubu.

Wike said: “So many people have thought that we are only concentrating in the city. Yesterday, we were in Saburi, today we are in Bwari. Tomorrow, we will be in Kuje, so that people will understand that while we are doing in the city, we are also carrying out development in the satellite towns and the rural areas because by the Renewed Hope Agenda, development is not only to be concentrated within the city but also to take to the rural areas in order to improve the economy.

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“Here is an agrarian area; without this road, how are they going to move their goods? And this is part of the problems we have in terms of food insecurity. People are talking about shortages of food, but if we don’t have means of transportation, that is also a problem.

“We are trying to solve that problem of transportation for farmers to be able to go and bring whatever they have produced for people to consume or to buy”.

Wike, while thanking the people of Bwari for their support for the government, also reiterated that President Tinubu was committed to addressing the economic problems of the country and called for their continued support.

He said: “We thank the people of Bwari and we want to also let them know that the government of President Tinubu is serious about solving the economic crisis we have. All we urge Nigerians is just to be patient.

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