CHIKUN/KAJURU REP, HON. FIDELIX BAGUDU, ANNOUNCES NEW APPOINTMENTS TO STRENGTHEN INCLUSIVE GOVERNANCE. (PHOTO).

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  Chikun/Kajuru Rep, Hon. Fidelix Bagudu, Announces New Appointments To Strengthen Inclusive Governance The Honourable Member representing the Chikun/Kajuru Federal Constituency, Hon. Fidelix Joseph Bagudu, has announced a wide-ranging list of new appointments aimed at deepening inclusive governance and enhancing representation across the constituency. The appointments, which take immediate effect, were unveiled in alignment with Kaduna State Governor Senator Uba Sani’s commitment to participatory governance. According to the lawmaker’s office, the list reflects deliberate efforts to ensure fair representation of all wards, communities, and interest groups across Chikun and Kajuru Local Government Areas (LGAs). A statement issued by the Media and Publicity Directorate noted that the move also fulfills the Honourable Member’s campaign pledge to integrate every segment of the constituency into the decision-making and governance structure. The appointments cover several categories, in...
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AGF DENIES FG'S INVOLVEMENT IN FIRST HOLDCO SHARE ACQUISITION. (PHOTO). #PRESS RELEASE.

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STATEHOUSE PRESS RELEASE


AGF denies FG's involvement in First Holdco Share Acquisition


We are compelled to respond to a publication by ThisDay Newspaper of July 17, 2025, and Arise TV suggesting that 25% of First Bank Holdings (First Holdco) shares were transferred to the Federal Government of Nigeria's (FGN) trustee. 


The report is inaccurate, misleading, resentful and malicious.


Neither the Federal Government of Nigeria nor the Attorney General of the Federation and Minister of Justice participated in acquiring the shares in question. 


The Office of the Attorney General of the Federation and Minister of Justice debunks this falsehood to prevent confusion or misconceptions about First Holdco's ownership and governance. 


The circumstances surrounding the shareholding structure are distinct from any government involvement. 


However,  it is aware of a trustee set up by the First Holdco, with the CBN approving Stanbic IBTC to oversee it as a third party. 


We urge the media to exercise restraint, professionalism, and due diligence in carrying out their duties to avoid violating the law.


We assure the public of continuous commitment to the promotion of the Rule of Law, Justice, equity, accountability, transparency and service to the nation by the administration of President Bola Ahmed Tinubu.


Kamarudeen Ogundele,

S A to the President on Communication and Publicity,

Office of the Attorney General of the Federation and Minister of Justice 

July 18, 2025

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