Supreme Court Dismisses Appeal Against Abia Gov
Posted: 16/Apr/2018

The Supreme Court has dismissed the suit by a governorship aspirant Friday Nwosu seeking to disqualify Governor Okezie Ikpeazu of Abia State.

In a lead judgment delivered by Justice Sidi Dauda Bage, the Supreme Court upheld the verdict of the Court of Appeal, which dismissed the appeal challenging Ikpeazu’s qualification.

Nwosu is contending that Ikpeazu made false tax information in his form to the Independent National Electoral Commission (INEC) for the December 8, 2014 primary of the Peoples Democratic Party (PDP).

The apex court unanimously held that the appeal lacks merit, deserved to be dismissed and ordered Nwosu to pay N1million as costs to Governor Ikpeazu, the PDP, INEC and a former governorship aspirant, Uche Ogah.

Adeosun removes Zubair as acting SEC DG, appoints Uduk

Minister of Finance, Mrs Kemi Adeosun, on Friday appointed Ms Mary Uduk, as the new Director -General, the Securities and Exchange Commission (SEC) following the redeployment of Dr Abdul Zubair, who had held fort since December last year, according to Oluyinka Akintunde, Special Adviser, Media & Communications to the minister.

Adeosun said that Uduk’s appointment was governed by the provisions of the Investments and Securities Act (ISA), 2007 and the conditions of service applicable to the Director-General of the commission.

The minister in a letter dated April 13, said Uduk’s appointment had become necessary to ensure effective regulation of the Capital Market.

Zubair, the former acting Director-General of the Commission, has been posted to SEC’s External Relations Department.

The minister also appointed Reginald C. Karawusa as Acting Executive Commissioner, Legal and Enforcement; Isiyaku Tilde Acting Executive Commissioner, Operations and Henry Roland Adekunle - Acting Executive Commissioner, Corporate Services. (NAN)

John Chuks Azu
The Daily Trust News