PRESIDENT TINUBU RECONSTITUTES THE BOARD OF THE NIGERIAN ELECTRICITY REGULATORY COMMISSION. (PHOTO). #PRESS RELEASE

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 STATEHOUSE PRESS RELEASE   President Tinubu Reconstitutes the Board of the Nigerian Electricity Regulatory Commission   President Bola Ahmed Tinubu has approved the reconstitution of the Board of the Nigerian Electricity Regulatory Commission (NERC), following the Senate's confirmation of its members on December 16.   Members of the reconstituted Board are:   • Mulisiu Olalekan Oseni, PhD. — Chairman   Dr Oseni started his service as a Commissioner in January 2017. He was subsequently appointed Vice Chairman of the Commission.   His appointment as Chairman took effect from 1 December 2025 and shall subsist until the completion of his ten-year tenure at the Commission, in accordance with the provisions of the Electricity Act, 2023.   • Yusuf Ali, PhD. — Vice Chairman   Dr Ali was first appointed as a Commissioner in February 2022. His designation as Vice Chairman took effect on 1 December 2025 and shall remain in effect until the completion o...

PRESIDENT BUHARI FELICITATES WITH FIRST BANK NIGERIA LTD ON 125TH ANNIVERSARY.#PRESS RELEASE.

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          On behalf of the Federal Executive Council (FEC), and Nigerians in general, President Muhammadu Buhari congratulates First Bank Nigeria Limited on its 125th anniversary, which historically and remarkably marked the commencement of banking in the country in 1894.
President Buhari joins the financial services industry, particularly the banking sector, in celebrating the purposefulness, prudence and propriety that has become the hallmark of the bank for more than a century and quarter, while congratulating the Board, management and staff for upholding the vision of the founder, Alfred Lewis Jones.
The President salutes the vision and strength of character of the management in providing a voice for the Nigerian economy by rendering competitive financial services that have culminated in spread of branches across the country, Africa and Europe.
As the oldest bank in Nigeria, the President believes First Bank Nigeria Limited has lived up to the expectation of customers over the years, both private and public, necessitating its survival and continuous service as a formidable training ground for many Nigerian bankers and chief executives, who have also established banks and served the country as Governors of Central Bank of Nigeria.
While celebrating the milestone and great achievements of First Bank Nigeria Limited, President Buhari commends banks in the country for generally supporting government policies in buoying the economy, especially with the renewed focus on infrastructural development and providing financial lifelines for businesses, urging them to always explore partnerships that will benefit the country and promote trust.
Femi Adesina
Special Adviser to the President
(Media & Publicity)
March 24th, 2019
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