Boards of 14 companies exempted from Tinubu’s dissolution order (FULL LIST)

The boards of no less than 14 companies pulled by means of Monday’s sweeping shake-up aborting the tenure of the highest hierarchies of the Nigerian Authorities’s companies, parastatals, establishments and state-owned firms.

President Bola Tinubu’s directive to dissolve the apex decision-making organs of the institutions falls inside the ambit “of his Constitutional Powers and within the Public curiosity,” mentioned the federal government in a press release Monday evening.

The rejig continues a series of management adjustments in main authorities establishments because the president assumed energy barely three weeks in the past.

Godwin Emefiele, the central financial institution governor, was requested to vacate his seat on 9 Might to permit the federal government to begin a probe into the operations of the apex financial institution underneath his watch. The State Safety Service has since detained Mr Emefiele.

Folashodun Shonubi, the financial institution’s deputy governor overseeing the operations directorate, has been performing in his stead.

On Thursday, Abdulrasheed Bawa, chair of the Financial and Monetary Crimes Fee, was suspended, later presenting himself to the key police for questioning.

President Tinubu will quickly deal with points that, ordinarily, members of the dissolved boards have been duty-bound to deal with till new boards are in place, the assertion mentioned.

Such issues will attain the president by way of the everlasting secretaries “of their respective supervisory Ministries and Workplaces,” the assertion added.

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The dissolution doesn’t, nonetheless, have an effect on boards, commissions and councils listed within the Third Schedule, Half 1, Part 153 (i) of the 1999 Structure of the Federal Republic of Nigeria as amended.

PREMIUM TIMES presents the listing of the recognized boards, commissions and councils, that includes within the Third Schedule, Half 1, Part 153 (i) of Nigeria’s 1999 Structure as amended.

They embrace:

(a) Code of Conduct Bureau;

(b) Council of State;

(c) Federal Character Fee;

(d) Federal Civil Service Fee;

(e) Federal Judicial Service Fee;

(f) Unbiased Nationwide Electoral Fee;

(g) Nationwide Defence Council;

(h) Nationwide Financial Council;

(i) Nationwide Judicial Council;

(j) Nationwide Inhabitants Fee;

(ok) Nationwide Safety Council;

(l) Nigeria Police Council;

(m) Police Service Fee; and

(n) Income Mobilisation Allocation and Fiscal Fee