LASG PRESENTS STAFF OF OFFICE TO NEW ONIȘẸ OF ISE KINGDOM. (PHOTOS). #PRESS RELEASE.

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 LASG PRESENTS STAFF OF OFFICE TO NEW ONIȘẸ OF ISE KINGDOM The Lagos State Government has presented the Staff of Office and Instrument of Appointment to Prince Ibrahim Adebowale Saliu, as His Royal Majesty, Alaiyeluwa Oba Ibrahim Adebowale Saliu, the Onise of Ise Kingdom in Lekki Local Government Area. The presentation was performed on Friday, August 21, 2026, by the Special Adviser to the Governor on Rural Development, Dr. Nurudeen Yekinni Agbaje, alongside the Permanent Secretary, Ministry of Local Government, Chieftaincy Affairs and Rural Development, Mrs. Kikelomo Bolarinwa, with the approval of the Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu and the Lagos State Executive Council, following the demise of the late Oba Ganiu Adebowale Adegbesan, Onise of Ise Kingdom. Speaking at the occasion, Dr. Agbaje urged the new Monarch to make peace, unity and inclusive development the pillars of his reign, stressing the important role traditional institutions play in promoting har...

NDIC SEEKS LAWYERS' SUPPORT IN RECOVERING CLOSED BANKS' ASSETS. (PHOTO).


 NDIC Seeks Lawyers’ Support in Recovering Closed Banks’ Assets


The Nigeria Deposit Insurance Corporation (NDIC) has called on external solicitors to assist in recovering assets from closed banks. NDIC Managing Director, Dr. Bello Hassan, made the appeal at a seminar in Abuja, emphasizing the role of asset recovery in settling uninsured deposits, contractor claims, and liquidation dividends.


He cited the collapse of Heritage Bank, highlighting the complexities of bank liquidation and the need for legal expertise. He stressed that NDIC plays a dual role in litigation, representing depositors and creditors while pursuing debt recovery.


Dr. Hassan reaffirmed that legal support is crucial to fulfilling NDIC’s mandate, particularly in orderly bank liquidation. He praised external solicitors for their efforts, noting that their contributions have improved legal diligence, judicial decisions, and public awareness of deposit insurance in Nigeria.

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