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Christine Lagarde Resigns as IMF Boss

Managing Director of the International Monetary Fund (IMF), Christine Lagarde, on Tuesday released a statement that she had submitted her resignation from the IMF and it will take effect in September 2019 .

Lagarde in the statement said “I have met with the Executive Board and submitted my resignation from the Fund with effect from September 12, 2019. The relinquishment of my responsibilities as Managing Director announced previously will remain in effect until then With greater clarity now on the process for my nomination as ECB President and the time it will take, I have made this decision in the best interest of the Fund, as it will expedite the selection process for my successor,”

Ms. Largarde revealed that while the Executive Board would be taking the needed steps to proceed toward selecting her successor, David Lipton would remain the Fund’s acting managing director.

On July 9, the EU Economic and Financial Affairs Council adopted a formal recommendation to nominate Ms Lagarde as president of the European Central Bank.

Ms Lagarde’s nomination will now be discussed by the ECB governing council and the European Parliament, and the final appointment by European Council in October.

Lagarde had hinted in July that she would relinquish her role as head of the IMF during the nomination process to be president of the European Central Bank.

July 16, 2019 ICPC Pledge To Continue Fighting Against Corruption

ICPC Pledge To Continue Fighting Against Corruption

the need to rid Nigeria of all forms or semblances of corruption remains absolute and as such, there is a need for absolute collaboration among agencies and individuals to fight systemic and endemic corruption.

This formed part of the resolutions reached at the Stakeholders Meeting, organised by the Presidential Advisory Committee Against Corruption – PACAC in collaboration with the National Orientation Agency – NOA in Akwa Ibom state.

The stakeholders meeting held in Uyo had as theme; “Value Reorientation and the Fight Against Corruption” and drew attendance from other anti-corruption agencies, religious leaders, civil society groups, youths, professionals and other groups who have stakes in the anti-corruption fight.

Setting the tone, chairman on the event, Professor FEMI ADEKUNLE, himself a member of PACAC, said though the anti-corruption war has faced numerous challenges, it must be sustained to achieve desired results.

The PACAC/NOA Stakeholders Meeting featured paper presentations by two erudite members of the academia; Dr ROBERT DODE, the Head, Political Science Department at the University of Uyo -UNIUYO; and Dr VICTOR USOH, a criminologist and lecturer with the National Open University of Nigeria -NOUN.

The two gentlemen, in their separate papers, noted the causes of corruption, its effects on the society, and also recommended stiffer penalties for offenders.

Later in a chat with Inspiration FM, host of the event and state Director, National Orientation Agency –NOA in the state, Mr ENO UYOH, said the theme of the meeting followed the need to rebuild hitherto broken values in citizens.

According to Mr UYOH, meetings like these was key to ensuring that the next generation of Nigerians look away from corrupt practices in their dealings.

At the event was the state commissioner for the Independent Corrupt Practices and other Related Offences Commission –ICPC, Mr OLUSOLA SHODIPO.

Correspondent OKODI OKODI reports that the ICPC boss also pledged their determination to sustain the fight against corruption in Nigeria.


Acting CJN Goes To Senate For Screening And Confirmation

the Acting Chief Justice of Nigeria, Justice TANKO MUHAMMAD, will on Wednesday appear before the Senate for screening and confirmation of his appointment by President MUHAMMADU BUHARI.

The President of the Senate, AHMAD LAWAN, who disclosed this at plenary today, said Justice TANKO would appear before the Committee of the Whole to commence his screening exercise.

He said copies of the nominee’s Curriculum Vitae had been distributed to the lawmakers to enable them to have adequate background information about him and his career.

LAWAN therefore, urged his colleagues to take time to go through the copies before Wednesday so as to direct relevant questions to him.

July 16, 2019 Senate President Condemn Xenophobic Attack On Nigerians In South Africa

Senate President Condemn Xenophobic Attack On Nigerians In South Africa

the President of the Senate AHMAD LAWAN has lamented the killing of Nigerians in South Africa, as he put the total death toll over the years at 118.

LAWAN, while receiving in audience the South African High Commissioner to Nigeria, BOBBY MOROE, said 13 of those killed through various attacks, were murdered by South African policemen.

The Senate President condemned the continuous killing of Nigerians in South Africa, warning that further attack on Nigerians would no longer be condoned.

AHMED LAWAN added that the parliament must speak and prevent any further killings of Nigerians.

Also speaking, Acting Secretary, Nigerian Union in South Africa, COLLINS MGBO said the Nigerian government ought to do more to tackle the murder of Nigerians in that country.

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