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Controversy Trails Appointment of New IST Chairman Amid Conflicting Presidential Approvals

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By Samson Adewale

On the 13th of August 2025. Mr. President approved the recommendations of the Minister of State Finance for the re appointment of Mr. Amos Isaac Azi, as the chairman of and IST, and Gbenga Ganiyu Oyekanmi, member for the 2nd and final term of 5 and 4 years respectively, as well as the appointment of 10 other new members of the Tribunal in accordance with the extant provisions the ISA 2025.

Letters conveying Mr. president’s approval was appropriately issued by the Permanent Secretary/accounting officer of the federal ministry of finance on the 21st of August 2025. The Tribunal was thus fully constituted and commenced its statutory functions.

Subsequently, on the 30th of September 2025, the news media reported via a statement issued by the director of press in the SGF’s office alleging that the same Mr President had appointed one Aminu Jinadu as the new chairman of the IST.

The questions that beg for answers are: on whose recommendation did the President approve the appointment of the said Jinadu, did Jinadu’s appointment meet the requirements of the provisions of the ISA 2025, between MoF and the SGF who has the statutory rights to recommend to the President the persons eligible to be appointed as chairman and members of the IST?.

A casual look at the appointment letter of Jinadu as obtained from the social media shows his appointment was dated 24th of September and allegedly in accordance with 315 and 319of the “Investment and Security Tribunal Act 2025”. Is there such a law and agency in the country?

A quick check shows that there’s no such an Act. why would the SGF issue an appointment based on a non existant Act and agency?. Why would the SGF issue an appointment letter relying on a nonexistent Act?. And even if otherwise, why would SGF issue such an appointment when the chairman’s office isn’t vacant?.

By the extant provisions of the ISA 2025, it’s the Minister of Finance that has the statutory powers to recommend for both the appointment and removal of the IST chairman.

The action of the SGF tends to give credit to the story that appointments are sold to the highest bidders by people in authority and close to the Mr. President. The action also shows that some people are deliberately putting the credibility of the government in question.

It also shows that the good intentions of Mr. President president is being sabotaged by people occupying otherwise strategic positions in the government. It portrays gross incompetence, lack of capacity, and corruption in the system. A casual look at the profile of Aminu Jinadu shows that he doesn’t even have the statutory minimum 15 years post call to the bar experience in capital market law and practice to even be considered for such a technical and specific knowledge based appointment. Certainly, the SGF and his irks are causing serious reputational damage to the government. Mr Jinadu, on the 2nd of October 2025, in a commodore style, went to Tribunal’s premises with heavily armed security personnel in an attempt to forcefully take over.

The security personnel that he came with, harassed the staff and scuttled the court proceedings for that day.

The incompetent and corrupt Chief Registrar (CR) not only gave him access of the Tribunal premises, he also quickly organised a meeting with the Directorate staff of the Tribunal, where all questions about genuiness and integrity of Jinadu’s appointment were not answered, and instead he offered to staff present the of 5m.

How much he offered to the CR can rightly be guessed. Since Jinadu offered 5m to staff, how much did he offer to the SGF and his urchins to facilitate the issuance of the appointment and also go to press?.

Adewale, writes from Abuja

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TAU reaffirms commitment to globally competitive learning

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  • As 16 graduands make First Class

Stephen Olufemi Oni, Ilorin

The Thomas Adewumi University (TAU), Oko-Irese, in the Irepodun local government area of Kwara State, has reaffirmed its commitment to strengthening quality education, innovation, and globally competitive learning.

Speaking at the institution’s 2nd Convocation ceremony in Oko-Irese, the Vice Chancellor of the University, Professor Francisca Onaolapo Oladipo, said TAU is living up to its ranking as the fastest growing institution in Science, Technology, Engineering, Medicine, and Innovation (STEM-i) ecosystem by surpassing more than 100 percent in its number of graduating students at the second convocation.

She said: “TAU emerged on April 8, 2021, as Nigeria’s fastest-growing Science, Technology, Engineering, Medicine and Innovations (STEM-i) ecosystem. Today, we rank 1st among the 20 private universities that were licensed in
2021, 4th among the 14 Universities in Kwara State, 5th among Nigeria’s over 170 private Universities and 50th nationally, an impressive rise reflecting our unwavering commitment to excellence.

”What a Moment of Extraordinary Significance today, we stand at a crossroads far more significant than words can adequately capture. Exactly one year ago, we gathered at this very Auditorium to celebrate our inaugural Convocation, a ceremony that marked the graduation of 26 pioneering students who dared to believe in a vision when others saw only impossibility. Those 26 trailblazers proved that Thomas Adewumi University was not just a dream, but a reality rooted in excellence. Today, as we honour 63 outstanding graduates, we witness something far more profound than numerical growth.

“This 142% increase in our graduating class is not merely a statistic to be recorded in annual reports, it is a declaration that Thomas Adewumi University has transcended the realm of promise and entered the domain of proof.

“We have moved from potential to performance, from aspiration to achievement, from vision to velocity.
This year, 63 graduands from 4 Faculties and 11 academic programmes are being conferred. It is noteworthy that we have 16 First Class graduates, 40 in Second Class Upper Division, and 7 in Second Class Lower Division. These results reflect the quality of training and mentorship provided at Thomas Adewumi University, and we are proud to contribute these innovators to both the Nigerian and global workforce, confident that they will make a meaningful
impact.

”Preparing Globally Competitive Graduates, these 63 graduands are not merely degree holders, they are comprehensively prepared global professionals equipped with exceptional advantages that set them apart from their peers nationwide. Through our international partnerships, these graduates have obtained additional microcredentials from MIT, Harvard, Stanford, Columbia, Berkeley, and Yale, world-class certifications from Alison, UK, RUDN professional University, Russia, World Bank’s Saylor Academy, Google, ICAN, and the Global Partnership for Sustainable Development initiatives in Data Science and Artificial Intelligence.

“Our Coursera collaboration provided them with additional industry certifications, while partnerships with Microsoft, IBM SkillsBuild, and MIT OpenCourseWare through our Global Campus initiative democratize access to cutting-edge knowledge. They are thus fully equipped to embark on meaningful and innovative careers in today’s technology-driven world.”

Earlier in his Convocation Lecture, titled “Crowdfunding Opportunities forstartups: Equiping Nigerian graduates for a sustainable future”, Dr. Bayo Williams Olugbemi charged the graduads on the mindset of job creation, saying “as a graduate, your future is not defined by what Nigeria gives you, but by what you create. The idea of crowdfunding is the idea of hope. It is proof that when people come together, ideas once impossible become achievable.

“I urge you not to think only about searching for jobs. Instead, think about creating value, and if capital is a barrier, remember: “The crowd can be your first investor.”

In his goodwill message, the Executive Secretary of the National University Commission, Professor Abdullahi Ribadu, represented by Esther I. Eyo, Esq commended the resilience of TAU management said “NUC acknowledges TAU sustained progress in advancing quality teaching, impactful research, innovation, and community engagement, all of which align with our national aspiration for a globally competitive and knowledge-driven university system.

“It would interest you to know that, in the accreditation exercise conducted in 2023, Thomas Adewumi University achieved a 100% Full Accreditation status across all programmes assessed a laudable feat that reflects the University’s strong commitment to maintaining high academic standards.”

Also speaking, the Founder/Chancellor of the institution, Dr. (Engr) Johnson Adewumi, urged the graduands to be good ambassadors of the University, adding: “Remember that your degree is not an end but a beginning, go forth with courage, humility, and a sense of responsibility. Strive to illuminate whatever space you occupy with the light of integrity, excellence and service.”

Highlight of the event was the conferment of an honorary doctorate degree on two distinguished personalities; Engr Oluseyi Afolabi and Pastor Oladokun Olatunde.

End

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L-r Speaker, House of Representatives, Tajudeen Abbas; President of the Senate, Godswill Akpabio and Nigeria’s First Lady, Senator Oluremi Tinubu, during the dinner for members of the National Assembly by the First Lady yesterday. Photo: Senate President’s Office.

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JUST IN: Even Tinubu moves with too many police escorts – Senator Ndume

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By Hassan Taiye

Senator Ali Ndume has criticised what he described as the excessive use of security convoys by top government officials, including President Bola Tinubu, warning that the practice leaves ordinary citizens exposed and vulnerable.

Speaking on Politics Today on Channels Television on Thursday, Ndume said many public office holders move with security details that are unnecessarily large, even when their positions do not warrant such heavy protection.

He recalled visiting the residence of a colleague and finding “more than 10 policemen” attached to him, despite the lawmaker being junior to him in the National Assembly.

Ndume further argued that the presidential convoy itself is excessively large, stressing that security efforts should be focused on protecting the overall environment rather than individual personalities.

He said: “I went to one of my colleagues’ house for dinner. And I saw more than 10 policemen. He is even my junior in the National Assembly. Some of them, if you see them coming, you will pull back thinking that maybe it’s the President or the Vice President that is coming.

You can see even the president, the convoy that the president goes about with is too much. Secure the place and when the president goes, you withdraw. Secure Abuja and the president can even drive out, you know, himself.

But when you secure personalities, and this is what is happening in Nigeria, then others, common people, as we call them, become vulnerable, and we don’t care. So if you secure Abuja, then you can drive at night. And let me tell you, this is what is happening in most countries”.

The lawmaker’s comments come just days after President Tinubu ordered the withdrawal of police officers from VIP escort and guard duties.

In a statement, the Special Adviser to the President on Information and Strategy, Bayo Onanuga, said the directive was aimed at redeploying police manpower to core law enforcement responsibilities.

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