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LG Election Crisis : Self Acclaimed Tinubu’s Loyalist, Hon. James Faleke Turns Self To Mini god In Ojodu LCDA…… + Suspends Party Exco Member

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Few weeks ago, we reported the current crisis rocking All Progressive Congress Lagos state chapter on the upcoming local government election.

However the situation on Friday24th March, 2017 took another dimension in Ojodu LCDA when a member of House of Representatives representing Ikeja federal constituency Hon. James Abiodun Faleke waded into the crisis as the ward leader of the constituency. The self-acclaimed Tinubu’s Loyalist allegedly told the party executives in Ojodu sometimes ago that Asiwaju Bola Ahmed Tinubu ordered former 19 local executives chairman who just finished one term to return to office without primaries.

In swift response to this development some local government executives agreed while some did not agree.

Ojodu local development area is one the affected area where over 90 percent of the party excos had totally refused the coming back of Mr Julius Oloro.

The excos has shown their grievances and total rejection of Mr Oloro when they organise a well-managed protest to party leaders within the constituency, also a letter has been written to Tinubu to please consider the excos demand by allowing them to do primaries.

After all this, on Friday the Kogi born cum Lagos politician Hon. James Faleke in his capacity single handedly called for a meeting with the excos of the ward, where he suspended the youth leader of the ward Mr. Akeem.

In this regard, a reliable source revealed to us that ‘ Faleke’s reign in Ojodu is coming to an end gradually because nobody in that axis is ever praying for the return of Oloro as LG chairman in Ojodu’. He said further that not up to 10 excos can point out to what Oloro did in his first 3years reign as chairman talk less of the common electorate on the street.

A reliable source, very close to Faleke also confided in Society Reporters NG that Faleke himself is allegedly not in support of Oloro but he has negotiated Oloro’s return with a popular Lagos lawyer, a Senior Advocates Of Nigeria (SAN) if he wins Kogi’s election tribunal. But now that he didn’t win the tribunal why is he still clamoring for Oloro’s return at the expense of right thinking Ojodu APC executive members. He said ‘ they should please help them ask Faleke why Oloro must return ‘.

He said further that ‘ Our indefatigable leader, a man of honour, highly respected, man of the people who knows the value of party executives and will always stand by the people, Asiwaju Bola Ahmed Tinubu, will not impose a man like Oloro on us in Ojodu’. Grassroots politics must be sustained for us to win subsequent elections.

One of the party leaders in Ojodu said Faleke during Kogi Gubernatorial campaign told the Kogi people that he is back at home fully to consolidate on what is on ground and that he has no interest in Lagos politics anymore, but “to my surprise the same Faleke wants us to follow a man who has failed us woefully, is that possible” He inquired.

We also gathered that Faleke has been alleged to be threatening party executives and aspirants on Oloro’s issue claiming they are going against Asiwaju’s wish.

When we contacted Honorable James Faleke on the above allegations he told us this is his ward and he is the head and has the right as a democrat to move some motions to the above claims, and agreed to the fact that he truly suspended the youth leader of the ward at their last Friday excos meeting.

“You are talking about my ward now, The youth leader that was suspended has been my boy since 2003, and I wasn’t at home, I was in Abuja when I heard that the council held a meeting at the local government secretariat and the youth leader led some members of hoodlums and thugs to the meeting threatening them, and damaged a lot of things at the secretariat and destroyed many things that belong to traders around.”

He added that he cannot keep his fingers crossed and some so called people will be destroying his ward in the name of playing politics.

In his word Hon. Falake stressed further:

“I heard my ward youth leader was among them. And I called the ward exco for a meeting where he (Youth Leader) was invited and I asked him if he ever mentioned it to any party exco members when they went to threaten them. And he said no”.

And he himself is also trying to contest for the position of councilor in this same ward, and yet he went to the place and destroy party properties, so I asked him if he can invite those who came to the place, that until then, I moved a motion for him to be suspended which is within my right.

And the motion was supported by the majority of the party members. He yelled.

We asked him further if it was true according to what we heard that the 23 members did not support except for just 6 members that supported his motion for the suspension, and in his rhetorical response he asked if that was what we were told.

“Is it what they told you that you believe, or what I’m telling you”.

Adding further that, “I am a democrats and I understand the game of democracy, so that was why I invited them all to the meeting. Just two people refused to support and I told them that it is your right not to support.

As a leader of the ward it is still my right to find peace within my ward and take necessary actions to the effect. What if somebody had died at the crisis, what do you think people will be saying by now. So I concluded for him to go back and get those people”.

He was asked on his position on the issue of Oloro, and he made the record straight that, “if they don’t want Oloro it’s not a problem but let the people decide. So it’s not any ones right to carry gun and also destroy the properties at the secretariat”.

We have 16 people campaigning and all of them are my people and I cannot be one sided as a good leader in my ward. And all of them know that I can’t campaign against any of them, but if the party says this is the direction we want to go who am I to say no. He established.

Our former report on this can be find here: http://societyreportersng.com/index.php/news-and-reports/item/1566-crisis-rocks-lagos-apc-over-lg-poll

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CAC Places First Bank Records On Caveat Over Litigation

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The Corporate Affairs Commission, CAC, has placed the records of First Bank of Nigeria (FBN) Holdings on caveat pending the resolution of the crisis rocking…

The Corporate Affairs Commission, CAC, has placed the records of First Bank of Nigeria (FBN) Holdings on caveat pending the resolution of the crisis rocking the board of the bank as a result of multiple court cases filed by aggrieved directors.

The crisis rocking the bank stemmed from protests by shareholders who were kicking against the bank’s internal governance and shareholding structure, as a result of which some of them have taken their grievances to the court.

One of such is the case of Olusegun Samuel Onagoruwa v. FBN Holdings Plc in Suit No. FHC/L/CP/1271/2022), which is challenging the capacity of the Board of Directors of FBN to appoint new persons to fill vacant slots.

Onagoruwa in his suit is seeking “an order setting aside, nullifying, annulling and/or quashing the appointments and approvals of Mr. Olusola Adeeyo, Mr. Viswanathan Shankar, Mrs. Remilekun Adetola, Mr. Anil Dua and Mrs. Fatima Ibrahim as Non-Executive Directors of First Bank of Nigeria Limited made on the 20th day of March, 2024, by FBN Holdings PLC during the pendency of this action and in defiance of the subsisting order of this Honourable Court made on the 15th day of July, 2022.”

The motion also seeks an order restraining the above-named non-executive directors from acting or taking any steps as non-executive directors of the bank.

The current court case follows similar four other cases pending at the Federal High Court in Lagos and Abuja challenging the internal governance of FBN Limited, in addition to existing court injunctions restraining the bank from holding the last two Annual General Meetings which the bank went ahead to hold.

In a new twist to the crisis, the Corporate Affairs Commission in a letter entitled.

“Re: notification of pendency of suit no. fhc/l/cp/1575/23 against FBN holdings plc, and subsisting interim orders of the Federal High Court made on the 9th day of August 2023 restraining FBN holdings plc from holding or proceeding with its annual general meeting purportedly held on the 13th day of August 2023”, weighed in on litigations threatening to tear the old generation bank apart.

Signed on behalf of the Registrar General of CAC by Chidimma Maureen Nwite, the Commission in a letter to lawyers to some of the parties in court against FBN Holdings said: “This is to inform you that the record of FBN Holdings PLC RC: 916455 has been placed on caveat pending the determination of Suit No. FHC/L/CS/1575/2023.”

A shareholder, Mr. Olalekan Babalola, said “it is imperative for the authorities to find a solution to this lingering crisis as Nigeria cannot afford another major bank’s collapse at this critical time

He called for urgent resolution of all court cases in the overall interest of depositors, shareholders and other stakeholders of the bank before further damage is done to the oldest Nigerian bank.

 

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Shalina Recognizes Major Distributors as the Main Force behind its Business Growth – Arun Raj, Chief Commercial Officer

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A leading Afro-focus multinational company, Shalina Healthcare, has said it recognizes its major distributors as one of the driving forces behind its success stories in the last one year in the face of the economic realities. This was in Lagos on Thursday at the meeting of the company with its business partners and major distributors across the country to mark the end of the financial year of the company with the main theme: “Driving Growth through Strong Business Partnerships.”

 

In his welcome speech as well as his corporate presentation, Arun Raj, the Chief Commercial Officer, Shalina Healthcare West Africa said through the efforts of the business partners ” Shalina is one of the fastest growing pharmaceutical companies in Africa. Though the last one year had shown to be one of the most difficult for business in recent times, but were able to weather the storm through the support and resilience of our major distributors. The last one year had shown to be a very difficult time, especially for the industry, with a leading brand of about sixty years in Nigeria leaving the country, but we are assuring everyone that, despite all economic issues, Shalina continues to believe in Nigeria. We are committed to providing available and affordable quality health products. It will interest many people that in the last financial year, the company had a 19% volume growth. Though it may be below our expectations, considering the economic realities of the last one year, it is a good development.”

In the same vein, the Managing Director, Shalina Healthcare, Nigeria, Mrs. Opeyemi Akinyele, said “the purpose of the event is to refresh, appraise and evaluate the last financial year for us to forge ahead and make more impacts. The last one year has been the survival of the fittest in the business world , but here we are today with successful stories.”

 

In his own remarks, the Corporate Marketing Head of the company, Folorunso Alaran while

 

Appreciating the business partners who are the major distributors across the country said “the success stories of the company can’t be completed without the distributors.”

 

Meanwhile, in their various responses and feedback, some of the business partners commended the company for the job well-done in the outgone financial year and also made recommendations and suggestions for the company to grow bigger and higher in the upcoming new financial year. In their responses, Alhaji Rasheed Adetoro of The Will of God Multipurpose Ventures, Shaki, Oyo State and Tochukwu Agu of Atidam Pharmaceutical Limited, Lagos among other business partners were unanimous in congratulating the company for a successful financial year saying ” the reward for a good job is more good jobs.”

 

One of the high points of the event was the presentation of the “Distributor Excellence Award” to its outstanding business partners.

 

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UBA Introduces First of its Kind Scan To Resolve Complaint Portal

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Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a Quick Response solution code, qrdispute.ubagroup.com:8088 called the ‘Scan to Resolve Complaint’ Portal with code  aimed at enhancing satisfaction and swiftly addressing customers’ disputes.

The first of its kind innovative platform marks another significant step by the bank to revolutionise customer service and streamline complaint resolution processes.

The ‘Scan to Resolve complaint’ portal is a QR-code-based qrdispute.ubagroup.com:8088,-portal conceptualised by the bank to proffer timely solution to customers’-challenges, without them having to visit the bank or branch.

With the portal, a variety of concerns including challenges around failed transactions will be quickly resolved from the comfort of their homes and business places.

UBA’s Head, Digital Banking, Olukayode Olubiyi, who spoke on the workings and benefits of the ‘Scan and Resolve Complaint’ portal explained that with the platform, difficulties with transactions on web, Point of sale machines (PoS) and Automated Teller Machines will immediately get responses and be treated within 72 hours.

“Our customers are at the heart of our business, that’s why we keep going the extra mile to constantly innovate in a bid to satisfy them. As the name implies, Scan and Resolve Complaint, is a solution driven portal which attends to complaints and issues of customers fast and promptly,” he explained.

He also disclosed that the portal is loaded with many benefits including ease of transactions, adding that “henceforth, customers are only required to scan and log in complaints while each complaint would be integrated into the portal register to make resolution seamless which also reduces customer hassles.”

According to Olubiyi, when these complaints are made, there will be an Instant verification process and notifications will be sent to customers while resolution will commence immediately with the overall aim to satisfy customer.

UBA’s Group Head, Customer Experience, Michelle Nwoga said the bank is always on the look-out to provide exceptional services to customers, and has over time developed various strategies to ensure that its service delivery is continuously upgraded to remain the bank of choice.

“UBA aims to provide the best value possible for its customers through a more interactive, user-friendly interface that will make countless opportunities available for the customers from the comfort of their homes,” she stated.

United Bank for Africa is one of the largest employers in the financial sector on the African continent, with 25,000 employees group wide and serving over 35 million customers globally.  Operating in 20 African countries and in the United Kingdom, the United States of America, France and the United Arab Emirates, UBA provides retail, commercial and institutional banking services, leading financial inclusion and implementing cutting edge technology

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