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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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Enugu government account not hacked — reports on missing N1.09bn baseless, says Police

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The Nigeria Police Force (NPF) has denied claims that the account of the Enugu state government was hacked.

There were reports that Osita Onuma, a suspected cyber criminal, infiltrated the financial system of the Enugu state government and stole about N1,097,700,300 from the account.

In a statement on Friday, Olumuyiwa Adejobi, force public relations officer, said the report is false and “completely unfounded”.

“There has been no hacking of the Enugu State Government’s account, and the allegations of a theft amounting to N1.09 billion are entirely baseless,” the statement reads.

“The case, which was investigated by the NPF-National Cyber Crime Centre (NCCC), was a case of procurement fraud, not a cyber-breach. The suspect has been arrested in connection with this fraud, and the funds have already been recovered.

“The Enugu State Government and other ministries, departments, and agencies of government and corporate firms are in partnership with the NCCC and have established comprehensive and fortified security protocols to safeguard their financial systems.

“Citizens are hereby encouraged to refrain from engaging in misinformation and to always verify the credibility of news sources.”

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DSS arrests blogger for cloning agency’s website, advertising fake recruitment

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The Department of State Services has arrested a 32-year-old blogger, identified as Augustus, for cloning its official website and posting a fake recruitment notice.

The suspect, from Akwa Ibom State, was apprehended on Thursday at his residence on Akpan Eno Lane in Abak.

According to DSS sources, Augustus, a graduate of the University of Uyo and a content creator, cloned the agency’s website to deceive unsuspecting Nigerians into believing the DSS was conducting a recruitment exercise.

“Augustus, a native of Abak Local Government Area in Akwa Ibom State, was tracked and arrested by our operatives on Thursday at his residence.

“He claimed to be a graduate of the University of Uyo, a blogger, and a content creator. Augustus had cloned the DSS website, where he created a fake online recruitment notice, seemingly with the intent to defraud unsuspecting members of the public,” the source stated.

An anonymous source commented, “One Augustus was arrested on Thursday at his residence. His actions were aimed at defrauding the public.”

The fake notice was flagged as false by the DSS, which quickly issued a warning to Nigerians not to fall victim to such fraudulent activities.

Augustus is expected to be arraigned in court soon to face charges related to his alleged activities.

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Lagos state government demolishes structures blocking drainages in Langbasa, Orchid Road

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The Lagos State Government has demolished structures obstructing drainage systems along the Langbasa-Jehovah Witness-Ramota drainage alignment in Langbasa and on Orchid Road, both in Eti-Osa Local Government Area.

The demolition exercise was carried out by the Drainage Enforcement and Compliance Department of the Lagos State Ministry of Environment and Water Resources.

This operation is part of the state’s ongoing efforts to ensure the free flow of rainwater and reduce flooding risks in Eti-Osa and other parts of Lagos.

The update was announced by Tokunbo Wahab, Lagos State Commissioner for Environment and Water Resources, through a post on his official X (formerly Twitter) account on Thursday.

“Earlier today, the operatives of the Drainage Enforce and Compliance Department of the Ministry commenced removal of contraventions along Langbasa-Jehovah witness-Ramot Giwa drainage alignment, Langbasa, Eti-Osa LGA, and also contraventions along Orchid road,” Wahab’s post read in part.

The commissioner’s post was accompanied by two video clips showing a bulldozer tearing down structures, including perimeter fences, a standalone column, and a small building. Additionally, pictures shared in the post highlighted the aftermath of the demolition, revealing cleared areas where the contravening structures once stood.

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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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