ANAMBRA GOVERNMENT DISSOLVES NKWO UMUEZE MARKET LEADERSHIP OVER DEFIANCE OF MONDAY TRADING DIRECTIVE. (PHOTOS). #PRESS RELEASE

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 Anambra Government Dissolves Nkwo Umueze Market Leadership Over Defiance of Monday Trading Directive By Ebele Iyke Odili/Amaka Isikala  The Anambra State Government has dissolved the caretaker committee of Nkwo Umueze Market for failing to comply with the state’s directive mandating full commercial activities on Mondays. The dissolved committee, led by Mr. Onyeka Ekemezie, has been relieved of its duties with immediate effect.  The former chairman and members of the committee have consequently ceased to function as the recognized leadership of the market. The decision follows a clear policy position of Governor Charles Chukwuma Soludo that no market in the state should remain closed on Mondays under any guise.  The Governor had earlier warned that any market leadership found enforcing or encouraging continued closure would be dissolved in the interest of economic stability and public order. It would be recalled that the Monday sit-at-home, previously imposed by the ...
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SENATE COMMITTEE CALLS FOR SACK OF CAC CEO. (PHOTO).

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 The Senate Committee on Finance has called for the immediate removal of Hussaini Ishaq Magaji, the Registrar-General/CEO of the Corporate Affairs Commission (CAC), over his continued failure to appear before Senate committees.


Lawmakers expressed frustration over what they described as his persistent refusal to honor invitations to address questions regarding the agency’s operations and revenue matters.


The motion was raised by Orji Uzor Kalu during an interactive session with key economic managers of the government on the 2026 budget and the Fiscal and Monetary Policy Framework.

The Senators stated that the situation had gone on for too long and proposed that a warrant of arrest be issued to compel the CAC boss to appear before the Senate.

Committee Chairman, Sani Musa, reiterated the Committee’s position, stressing that no public official is above the law.

He noted that the Minister of Finance and the Minister of Budget consistently honoured invitations from the Senate, questioning why the head of the CAC should act differently.


According to Orji Uzor Kalu, since his time in the Senate, the CAC Registrar-General has never appeared before the Committee, often citing official engagements at the Presidential Villa or overseas trips as excuses.


He emphasized that such a pattern cannot continue and that the official must appear to give a full account of his stewardship.


The Committee maintained that the National Assembly has a constitutional mandate to exercise oversight over Ministries, Departments, and Agencies (MDAs), and compliance with invitations is not optional.


A motion for his removal was subsequently moved and seconded by Adams Oshiomhole.


The Chairman noted that this is not the first time the Senate has threatened such action against the CAC Registrar-General, particularly over revenue and accountability concerns, adding that the repeated disregard for legislative authority warrants decisive measures.

The meeting was attended by the Minister of Budget and Economic Planning, representatives of the Central Bank of Nigeria, and other key stakeholders to review the implementation of the Federal government’s budget.

AIT NEWS

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