NUT PROTEST : WIKE WARNS AGAINST POLITICISING INSECURITY. (PHOTO).

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 NUT Protest : Wike Warns Against Politicising Insecurity The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has warned against politicising insecurity amid protests by the Nigeria Union of Teachers, FCT wing, over the killing and abduction of school staff and children in Oyo State. Teachers stormed the FCTA Secretariat in Abuja to condemn the killing of Michael Oyedokun and to demand the release of abducted pupils and teachers from Community High School, Ahoro-Esinle in Oriire Local Government Area. The FCT minister addressed the protesters on Tuesday, saying the federal government is on its toes working to secure the rescue of the schoolchildren and their teachers. Wike urged protesters to avoid turning the tragedy into a political issue and to give security efforts time to produce results. Chairman of the union in the FCT, Mr Abdullahi Shafa, explained that the nationwide solidarity protest was to condemn the killing of the teacher and abduction of the school chil...
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NDIC SEEKS LAWYERS' SUPPORT IN RECOVERING CLOSED BANKS' ASSETS. (PHOTO).

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 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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