Femi Pedro Replaces Late Kemi Nelson in GAC

Published

6 months ago

October 3, 2022

A former Deputy Governor of Lagos State, Femi Pedro, has made a comeback from political oblivion and relegation. He is now back to political relevance and wielding enormous powers, at least at the state level.

At the time he was poached from the banking sector in the early 2000, where he was at that time, the Managing Director of defunct First Atlantic Bank, to be Bola Ahmed Tinubu’s deputy in Lagos, he wielded some degree of power and was naturally courted by many who requested one favour or the other from him. But that wasn’t for long as no sooner had he tasted power than he began to tussle with his benefactor over his choice of successor in the twilight of his boss’ administration.

Pedro wanted to succeed his boss but the latter didn’t think he was the right man for the job. In anger, he began to throw tantrums, resigned and moved to another party, hoping to fulfill his ambition. Unfortunately, things didn’t quite work out as he wanted and that was the beginning of his end.

The Lagos State House of Assembly naturally decided to impeach him for alleged gross misconduct and subsequent forfeiture of all his entitlements as Deputy Governor of Lagos State. He suffered badly for seven years for his political miscalculation. He became relegated in the scheme of things. After some soul searching, he swallowed his pride and went back to his boss when he couldn’t remedy his situation. He was accepted back albeit, warily. He had to prove his loyalty and after a few tests he passed.

First, he got a pardon from the State House of Assembly orchestrated by his former boss, for his impeachment. This was after the House considered his plea to be forgiven in a letter he wrote them in 2015. Then he was given a federal appointment, as the Chairman of the Board of Directors of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), courtesy of the influence of his former boss. To further restore his political relevance, he was recently appointed to the Council of the Governor’s Advisory Council, GAC, the highest decision-making body of the All Progressives Congress in Lagos State.

His appointment may likely be a replacement to the vacant position of the late former women leader in South West APC, Kemi Nelson who was a commissioner during Tinubu’s tenure as governor. Until her death weeks ago, she was the only female in GAC, a position she earned due to her closeness to Tinubu and her immense contributions to the party in Lagos State. With Pedro’s appointment, one can rightly say that he is back to political reckoning.

Business

Breaking: PDP induces people to impersonate political parties, plans press conference.

Published

2 days ago

March 25, 2023

CelebrityPlus

Concerned citizens in Ogun state on Friday raised an alarm over the inducement of some buyable politicians by PDP governorship candidate, Hon. Ladi Adebutu.

The insider source revealed that Adebutu, who lost out in the governorship election of last Saturday, has slated a press conference where some people will impersonate the executives of the Ogun State Chapter of Inter-Party Advisory Council (IPAC) along with few politicians claiming to be Chairmen of registered political parties, with a promise of N2 million naira each.

The press conference slated for Park Inn Abeokuta, owned by Ladi Adebutu’s father will hold any moment from now.

According to the insider source, “Ladi and his party know they cannot win at the Tribunal because they are quoting a wrong section of the Electoral Act 2022, while ignoring the relevant and applicable section of the law. That is why they are bent on inciting and inducing the public instead of going to the Tribunal”

Business

Wema Bank Organises Financial Literacy Programme for Students to mark 2023 Global Financial Literacy Day

Published

2 days ago

March 24, 2023

CelebrityPlus

Wema Bank Plc, Nigeria’s leading Innovative Financial Institution is championing financial literacy for the next generation by participating in the Global Money Week to commemorate the Financial Literacy Day on March 23, 2023.

In alignment with the theme “Plan your Money, plant your Future”, Wema Bank organized financial literacy sessions for secondary school students across all states where the Bank is represented. This is to instill an early understanding of the significance of building a solid financial foundation and achieving financial stability and success from a young age.

The Deputy Managing Director of Wema Bank, Mr. Wole Akinleye, led the Financial Literacy Session at Yola Model School, Adamawa State. The students were trained on personal finance topics such as budgeting, emergency funds, saving for goal actualization, investment, donating for positive societal impact amongst others. He further encouraged the students on the importance of developing financial literacy as a life skill.

Speaking on the significance of Financial Literacy Week, Mr. Akinleye emphasized Wema Bank’s commitment to empowering young minds with the skills and knowledge necessary to make informed financial decisions. In his words, “Our hope is that through these initiatives, we can empower more individuals to take control of their finances and achieve financial stability.”

Financial literacy is vital for the achievement of financial stability, and it is essential to ensure that everyone has the necessary tools to manage their finances effectively and achieve their financial goals. Wema Bank Plc is committed to providing educational resources and opportunities for children through the Royal Kiddies Account and a range of other savings products, supporting financial empowerment for the next generation.