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Tinubu appoints new CEOs for Federal Housing Authority, Federal Mortgage Bank

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President Bola Tinubu has appointed Oyetunde Ojo as the new Managing Director and Chief Executive Officer of the Federal Housing Authority (FHA), alongside 4 executive directors.

The president also appointed Mr Shehu Osiris as the new Managing Director and Chief Executive Officer of the Federal Mortgage Bank of Nigeria (FMBN), alongside 3 executive directors.

This followed Tinubu’s approval of the reconstitution of the executive management teams of parastatals under the Federal Ministry of Housing and Urban Development on Thursday.

This disclosure is contained in a statement titled, ‘President Tinubu approves leadership changes in the housing and urban development sector,’ issued by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, on Thursday, February 15, 2024.

Ngelale said that the appointments are part of a holistic approach to repositioning the national housing and urban development sector to meet the present and future needs of Nigerian families nationwide.

The leadership team approved by the president

The executive management team approved by the president for the Federal Housing Authority (FHA) include;

  • Managing Director / CEO — Hon. Oyetunde Oladimeji Ojo
  • Executive Director (Housing Finance & Accounts) — Mr. Mathias Terwase Byuan
  • Executive Director (Business Development) — Mr. Umar Dankane Abdullahi
  • Executive Director (Project Implementation) — Engr. Oluremi Omowaiye
  • Executive Director (Estate Services) — Arc. Ezekiel Nya-Etok

Also, the executive management team for the Federal Mortgage Bank of Nigeria (FMBN) include;

  • Managing Director / CEO — Mr. Shehu Usman Osidi
  • Executive Director (Finance & Corporate Services) — Mr. Ibidapo Odojukan
  • Executive Director (Loans & Mortgage Services) — Mr. Muhammad Sani Abdu

According to the statement, the new FHA MD, Ojo, is a former Member of the House of Representatives with over a decade of work experience in the housing and hospitality industries.

He holds a Master’s degree in Peace and Conflict Studies from the University of Greenwich, United Kingdom.

It also stated that the new FMBN MD, Osidi, is a banker with over 30 years of work experience, including 13 years of experience in mortgage banking.

He is an alumnus of Harvard University’s Kennedy School of Government as well as the University of Pennsylvania’s Wharton School of Housing Finance.

The statement also added,

  • In view of President Bola Tinubu’s historic approval of the establishment of Building Materials Hubs across all six of the nation’s geo-political zones; financing and establishment of a National Social Housing Fund for low income and vulnerable groups, and land reforms to collaboratively streamline access to land across all states and unlock nearly $300 billion of dead capital in the sector, his expectations are high that the above-named appointees will hit the ground running in the delivery of affordable housing for millions of Nigerians in need, while providing millions of new job opportunities for Nigeria’s talented youth population presently searching for work.’’

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FG shuts Eko bridge, ramps for eight-week repairs

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The Federal Government has shut down the Eko Bridge and ramps for eight weeks to resurface the essential asphalt.

The Federal Controller of Works, Lagos, Mrs Olukorede Kesha, made this known in a statement on Saturday morning in Lagos.

Kesha added that the closure will take effect from Friday, September 20, to Wednesday, November 20.

The statement read, “The Federal Ministry of Works plans essential asphalt resurfacing work on the Eko Bridge and Ramps for eight weeks, effective from Friday, Sept. 20, by 7.00 a.m., through November 20.

“The closure will be full at some sections of the bridge and partial at other sections.

“This critical project aims to improve road safety and enhance the driving experience of motorists.

“The work involves milling of the existing asphalt and relaying new asphalt on the bridge and Ramps. This will address wear and tear and ensure a smoother, safer roadway.”

According to her, due to the closure, there will be detours and alternate routes for drivers.

Providing information on how to navigate the area during the closure, she said motorists going to the Island from Funsho Williams Avenue should use the service lane at Alaka to connect Costain and access Eko Bridge.

“Island: Access Costain to connect Eko Bridge and link Apongbon

“Apongbon inwards Eko Bridge: Link Costain to access Funsho Williams Avenue

“For Costain inwards Alaka/Funsho Williams Avenue: Pass through Apapa Road from Costain and link Oyingbo to access Adekunle, then link to the Third Mainland Bridge

“Surulere: Use Costain to link Breweries inwards the Abebe Village to connect Eric Moore/Bode Thomas,” she said.

Kesha urged residents and businesses in the affected area to plan their travel accordingly. She assured the public that appropriate signage and traffic control measures would be in place to guide drivers and pedestrians.

She apologised for any inconvenience this might cause, saying that she appreciates the public’s patience and cooperation as the ministry works to improve the country’s infrastructure.

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Edo poll: Mercy Johnson’s husband escapes assassination attempt

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Security personnel foiled an assassination attempt by armed men suspected to be political thugs on a federal lawmaker representing the Esan North-East/Esan South-East Federal Constituency in Edo State, Henry Okojie.

Okojie’s media aide, Michael Ihaza, confirmed the development in a statement on Friday, saying that Okojie, the husband of the Nollywood movie Star, Mercy Johnson, was reportedly attacked at his residence by gunmen in a Lexus GX 470 carrying a Rivers State vehicle registration number – PHC 253 FF.

The statement noted that the planned assassination “was unsuccessful owing to the intervention of security personnel attached to the lawmaker”.

“The armed thugs who disguised as police officers along with two others, invaded the residence of Hon. Okojie, claimed to be on appointment and proceeded to the seating room.

“Following the intervention of the security personnel attached to the lawmaker, two of the armed thugs fled leaving behind the driver and another who are currently being interrogated by officers from the Area Command of the Nigeria Police Force, Uromi.

“The suspects have so far made a confessional statement stating that they were sent on the mission by People’s Democratic Party (PDP) leaders in Esan North East Local Government Area,” the statement added.

Efforts to reach the Edo State Police Command for comments were not successful.

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Edo guber: IGP restricts vehicular movement tomorrow

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Kayode Egbetokun, inspector-general of police (IGP), has ordered the restriction of vehicular movement in Edo state during the governorship election.

In a statement on Friday, Muyiwa Adejobi, force spokesperson, said the restriction will begin from 6am to 6pm on Saturday.

Adejobi said individuals on essential services like officials of the Independent National Electoral Commission (INEC), accredited media personnel, and emergency responders are exempted from the restriction.

The force spokesperson reaffirmed the ban on all security aides and escorts accompanying VIPs to polling units and collation centers.

Adejobi said unauthorised security personnel and quasi-security outfits are prohibited from operating during the election.

“In preparation for the election, the IGP has ordered the restriction of all vehicular movement on roads, waterways, and other forms of transportation from 6am to 6pm on election Day. Exceptions will be made for essential services, including accredited media, electoral officials, ambulances, and emergency responders,” the statement reads.

“To maintain the integrity of the electoral process, the IGP has implemented a ban on all security aides and escorts accompanying VIPs to polling booths and collation centres.

“Unauthorized security personnel and quasi-security outfits are prohibited from operating during the election, and the use of sirens by unauthorized vehicles is strictly forbidden to ensure a calm environment for voters.

“Furthermore, the IGP has mandated that special attention be afforded to individuals with disabilities, pregnant women, nursing mothers, the elderly, and those with mobility challenges, ensuring that polling stations in both urban and rural settings are accessible to all.

“The inspector-general of police, through the deputy inspector-general (DIG) for Edo gubernatorial election, DIG Frank Emeka Mba, mni, has appealed to citizens to refrain from making prank calls to control room and designated help numbers, highlighting that text messages are more effective for operational purposes.

“The designated election lines for inquiries and reporting are: DIG Frank Mba, mni; 07025000383 and AIG Benneth Igwe, mni; 09085000029, while the general control room numbers are 08077773721 and 08037646272. The already-activated joint control room is manned by police and relevant agencies engaged in the electoral process.”

On Saturday, voters in Edo will determine who succeeds Godwin Obaseki, governor of the state, for the next four years from the 17 political parties participating in the election.

The All Progressives Congress (APC), Peoples Democratic Party (PDP), and Labour Party (LP) are the leading political parties in the election.

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Bodex F. Hungbo, SPMIIM is a multiple award-winning Nigerian Digital Media Practitioner, Digital Strategist, PR consultant, Brand and Event Expert, Tv Presenter, Tier-A Blogger/Influencer, and a top cobbler in Nigeria.

She has widespread experiences across different professions and skills, which includes experiences in; Marketing, Media, Broadcasting, Brand and Event Management, Administration and Management with prior stints at MTN, NAPIMS-NNPC, GLOBAL FLEET OIL AND GAS, LTV, Silverbird and a host of others

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