FG Suspends Corporate Governance Code

FG Suspends Corporate Governance CodeThe Nigerian government has suspended the law that forced Pastor Enoch Adeboye to step down as the General Overseer of the Redeemed Christian Church of God (RCCG) in Nigeria.

According to a statement signed by the media aide to the Ministry of Industry, Trade and Investment, Constance Ikokwu, the law has been suspended in order to review it.

The Financial Reporting Council of Nigeria under Mr Jim Obazee, had directed not-for-profit organisations, including churches and mosques to comply with a corporate governance code stipulating a term of 20 years for heads of such entities.

It was by this provision that Pastor Adeboye, who had spent over 20 years as General Overseer of R.C.C.G, named Pastor Joshua Obayemi to head the church in Nigeria while he remained the global overseer of the church.

The statement quoted the Minister of Industry, Trade and Investment, Dr Okechukwu Enelamah saying that the government remains committed to restoring and enhancing market confidence and improving the ease of doing business in Nigeria.

Before the announcement by the Ministry, Presidential spokesperson, Mr Garba Shehu, announced President Buhari’s approval of the immediate removal of the Executive Secretary of the Financial Reporting Council of Nigeria (FRN), Mr. Jim Obazee, as well as the reconstitution of its board.

The President consequently approved the appointment of Mr Daniel Asapokhai as the new Executive Secretary and also appointed Mr Adedotun Sulaiman as the new chairman of the council.

Akwa Ibom Opens Investigation Into Church Building Collapse

church-building-collapse-inuyo, Akwa IbomThe government of Akwa Ibom State has inaugurated an eight-man Commission of Inquiry to investigate the circumstances that led to the collapse of the Reigners Bible Church Building in Uyo, the state’s Capital.

Governor Udom Emmanuel inaugurated the panel on Friday at the Executive Chamber of the Government House in Uyo.

Inaugurating the Commission, Governor Emmanuel harped on the state government’s determination to give the needed support to victims of the collapsed church building and families of those who lost their loved ones.

He further solicited the support of the public for the victims and families affected by the tragedy.

‘We Share In Their Grief’

The Governor urged members of the panel to put in their best to justify the confidence reposed in them.

“Many families in our state were thrown into mourning by the unfortunate collapse of the Reigners church building which killed many and injured several others.

“As a government, we share in their grief. As a government, we must ensure the protection of lives and property of our people. Our intention is to ensure that such does not happen again.

“While I assure victims of government’s support, I urge everyone to continue to remember those families in your prayers,” he requested.

The Commission, which is headed by a retired Judge, Justice Umoekoyo Essang, has three weeks to submit an interim report to the State government based on some terms of reference which the governor listed.

“Investigate and probe the immediate and remote causes of the collapse of the building and examine the role played by any person, institution or authorities and the consequences of such roles in the collapse of the church building.

“Identify persons institution or authorities responsible, either remotely or immediately, in respect of the collapse of the church building,” he told the members of the Commission.

The Commission is required to recommend appropriate sanctions and or actions against all persons found culpable in the said church building collapse, examine generally all the circumstances surrounding the collapsed church building and recommend measures and actions to be taken by any person, institution or authority to guard against future occurrences.

It will also indict persons, organisations, groups or otherwise found culpable in the course of its inquiry and make appropriate recommendations to government.

The Chairman of the Commission, Justice Essang, who spoke on behalf of the members, described their mandate as a call to duty saying they will do their best to justify the confidence reposed in them.

“The event of last Saturday was a tragedy that must not be allowed to happen again.

“We therefore consider this as a call to duty and must give our best to justify the confidence reposed in us. Let me thank the governor for giving us this opportunity to serve. I assure you that we shall not disappoint you,” he told the Governor who was also attending a service at the time the building collapsed.

The roof of the church caved in on Saturday during a church service for the Bishopric ordination of its founder and General overseer, Apostle Akan Weeks.

Several worshipers and guests were killed while several others were injured.

The state government has put the death figure at 26.

President Buhari Meets With Pastor Adeboye  

President Buhari and Pastor AdeboyePresident Muhammadu Buhari has held a meeting with the General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye.

Also present at the meeting was Vice President Yemi Osibajo who is also a pastor in the Redeemed Christian Church.

Pastor Adeboye arrived the President’s office with Vice President Osinbajo at about 12.30pm and was led straight into the President’s office by the Vice President.

Their meeting lasted for about 30 minutes.

Jonathan Predicts Great Future For The Nigerian Child

Nigeria’s president, Doctor Goodluck Jonathan, has seized the opportunity of the season’s religious festivities to predict a brighter future for Nigerian children.

The President, joined residents of Abuja, the Federal Capital Territory, to worship at the Apostolic Faith Church in Jabi, and there he called on Christians to continue to pray for the continuous peace and unity of the country, in the midst of daunting challenges.

He said that despite its diversity, Nigeria has remained as one nation. Therefore citizens need to shun the barriers created by the diversity and embrace togetherness at all times.

The president, who uses the holiday season and yuletide to worship in any church he likes, stressed that if he could make it to the highest place in the land, then no Nigerian child should surfer.

The service, which had all the trappings of end of the year and the festive season, with the traditional over 100-man orchestra, with rich accompaniment of musical instruments, also saw the children presenting a special rendition for Mr President.

The General Overseer, Reverend Emmanuel Adeniran, while noting in his message that the visit of the President on the last Sunday of the year is of great significance, also reminded the congregation that one’s closeness to God matters a lot, above all.

The special guest, while promising to continue to do his best, thanked the church for their prayers and called on Nigerians to join in the prayers while hoping for a better 2014. He shared with the congreation more of his great expectations for Nigerians in the new year, especially the children.