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Thisday Group Announces New Executive Appointments

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The board of directors of THISDAY Group has announced new executive and senior appointments for THISDAY Newspapers and the Arise News Channel, with immediate effect.

Following the approval of the board, Shaka Momodu after a 7-year stint as the Editor of the Saturday and Sunday titles of the newspaper, has been appointed as the Editor of THISDAY.

He succeeds Mr. Bolaji Adebiyi, who was promoted to the position of Managing Editor (Print and Digital). Mr. Israel Iwegbu was announced as the Deputy Managing Director, THISDAY.

By this promotion, Momodu becomes the first person, who started his journalism career with THISDAY as a rookie reporter, to rise through the ranks to emerge as the editor of the most influential newspaper in the country.

He is expected to enrich the editorial content of the newspaper for the benefit of the paper’s esteemed readers.

Also, the Deputy Editor of THISDAY, Mr. Davidson Iriekpen, has been appointed Editor of THISDAY, the Sunday Newspaper, while the Editor of the Saturday Newspaper, Mr. Yemi Adebowale was reappointed on same position by the board.

Similarly, Mr. Olawale Olaleye, who was the Deputy Editor of the Sunday Newspaper was promoted to the position of Deputy Editor of THISDAY, just as the Group Business Editor, Mr. Obinna Chima was also promoted to the position of the Deputy Editor of THISDAY.

In the same vein, Mr. Festus Akanbi, the Deputy Editor of the Saturday Newspaper has been promoted to the position of the Deputy Editor of the Sunday Newspaper; the News Editor, Mr. Alike Ejiofor, was also promoted to the position of Deputy Editor of the Sunday Newspaper, and Mr. Ahamefula Ogbu, has been promoted to the position of the Deputy Editor of the Saturday Newspaper.

The Capital Market Editor, Mr. Goddy Egene was also promoted to the position of Group News Editor, while the Maritime Editor, Mr. Eromosele Abiodun is the new Group Business Editor.

For ARISE News Channel, the new Deputy Managing Directors are Mr. Bayo Awosemo and Mr. Emmanuel Efeni; and the Managing Editor is Mr. Christian Ogodo.

The board also announced the appointment of Mr. Summer Sambo as the Director of News (Abuja) and Mr. Yemi Ajayi as Director of News (Lagos) for Arise News Channel.

Similarly, the Director of Engagement & Guest Liaison for Arise News Channel is Mr. Joseph Ushigiale and Tobi Soniyi is the Deputy Director of News (Abuja). Mr. Ohi Odiai is the Deputy Director of News (Lagos) for Arise News Channel.

Momodu, born March 12, 1968, was promoted editor of THISDAY, The Sunday Newspaper in June 2018, after over four years in the job as the Editor of THISDAY, The Saturday Newspaper. He had risen through the ranks to become an associate Editor of the Saturday Newspaper, where he was promoted to Editor of the Saturday title.

He brings into the job his invaluable experience that spans over 20 years.

Momodu is a graduate of Political Science, Edo State University now Ambrose Ali University, Ekpoma. He is currently doing an executive programme at the prestigious Yale School of Management, Yale University, New Haven, Connecticut, United States of America.

Momodu attended Okotie Eboh Grammar School, Sapele between 1982 and 1986 before proceeding to one of the nation’s foremost state universities, the Edo State University, Ekpoma between 1992 and 1996. He joined THISDAY as a reporter in 2000, and a year later was promoted to senior reporter.

In 2003, he was promoted to state correspondent and was posted to Governor’s Office, Alausa, Ikeja, Lagos.

He left the post in 2007, when he was promoted to deputy editor of The Glitterati, a lifestyle pull-out section inside the Sunday Newspaper. He was later appointed as associate editor of the Saturday Newspaper; a position he held until his appointment as the substantive Editor of the Saturday Newspaper.

An experienced journalist with over two decades’ cognate professional experience, he has extensive contacts within the nation’s business and political community. Momodu, in the course of his career, has anchored many investigative stories, profiled and interviewed over 200 political and business leaders, viz. governors, legislators and top-notch CEOs. He has attended many seminars, conferences and training courses both within and outside the country.

Iriekpen attended Ogun State Polytechnic, Abeokuta and the University of Ibadan. He joined THISDAY Newspapers in 2000. His commitment to his job, saw him being moved from the sub-desk to Sunday paper, where he anchored international and political stories. In 2007, he was moved again to cover Judiciary, a beat he covered so diligently and effectively to the admiration of lawyers. As a result of the way and manner he covered the courts and other legal and constitutional matters, in 2010, he was made the Judiciary Editor. 

In 2012, he was elevated to the position of Group News Editor, a position he held till 2018, when he was appointed Deputy Editor Daily.

Adebowale, 53, was reappointed the Editor of Saturday THISDAY Newspaper. A British Chevening Scholar, he holds over 28 years’ experience in media, advertising and Public Relations. Before joining THISDAY, he had worked in places like Vanguard, Newswatch, The Punch, MTN Nigeria and the Yorkshire Post Newspaper in the United Kingdom.

Adebowale has won numerous awards in journalism, including the 2000 Commonwealth Media Award by Fletcher Challenge Paper, New Zealand; the 1999 African Journalist of the Year Award by the African Journalist Foundation, AJF, South Africa and the Nigeria Media Merit Award (NMMA) in 1999.

The THISDAY Saturday Editor was educated at the University of Cambridge, University of Leeds, Ogun State Polytechnic, Baptist Academy, Lagos, Immaculate Heart Comprehensive Secondary School, Maryland, Lagos and St. Agnes Primary School, Maryland, Lagos.

Olaleye joined the THISDAY family on December 9, 1998, where he rose from being an intern to becoming the Group Politics Editor and later, Deputy Editor on Sunday.

A graduate of Mass Communications from the Moshood Abiola Polytechnic (former Ogun State Polytechnic), Ojere, Abeokuta in Ogun State, he also holds a Master degree in Communication Studies from the Lagos State University, LASU. A noted political reporter, Olaleye had undertaken some development courses over time, including a media operation course at the Kofi Annan Centre in Accra, Ghana and an Executive Development Programme on Leading Teams for Optimal Performance by the TEXEM Group.

Chima joined THISDAY in 2010 as a Business Correspondent and was appointed Group Business Editor in 2018. He started his career in 2006, with National Mirror Newspapers as a Business Reporter, immediately after graduating from Imo State University, where he obtained a Bachelor of Science Degree in Economics. He also worked briefly with The Punch Newspaper and Business Hallmark Newspaper as Business Correspondent respectively, as well as with Profund Securities Limited as a Research and Planning Officer.

Chima is presently a doctoral student of Policy and Strategic Studies at Covenant University, Ogun State. He holds a Master of Science Degree in Research and Public Policy from the University of Lagos as well as a Master of Science in Economics from the Lagos State University. He has attended courses on business journalism in Nigeria, which includes Bloomberg Media Initiative in Africa; Advanced Training on Financial Journalism, Press Media Association, London; Advanced Writing and Reporting Skills (AWARES), Pan-Atlantic University, Lagos; and Thompson Reuters Training on Financial Journalism, Uganda, among several others.

Akanbi boasts some 30 years experience in Journalism. He began his journalism career with the old Daily Times in 1991, from where he joined The Punch in 2000 and rose to the position of Assistant Editor, (Business) until he joined THISDAY as Sunday Business Editor in March 2008.

In 2015, he became a deputy editor, THISDAY (Sunday) until he took a leave of absence to work with former Minister of Finance as a Special Assistant on Communications, in February 2016.

He later worked as an Assistant Director, Federal Inland Revenue Service between 2017 and September 2020. He returned to THISDAY as Deputy Editor, Saturday.

Akanbi, who holds a Master degree in History from the University of Lagos, is currently a doctoral student of History and Strategic Studies of the same University.

Alike, a graduate of Accounting and a Master holder in Banking and Finance from the University of Nigeria, Nsukka, Enugu State, joined THISDAY as Energy Correspondent in 2008 and was promoted to the position of News Editor in 2018. Prior to then, he was an Energy Analyst with BusinessDay Newspaper. He had also gathered experience in public service from the Enugu State Local Government System, where he rose to become a senior staff member.

Ogbu is a graduate of Mass Communication from Federal Polytechnic, Oko (then Anambra State Polytechnic), where he obtained HND. Thereafter, he obtained a Master of Business Administration in Marketing from Federal University of Technology, Owerri, before obtaining a Post-graduate Diploma and Master of Art in Linguistics and Communication Studies from the University of Port Harcourt.

He had held the positions of Judicial Editor, Editor, House of Representatives as well as covered the Presidential Villa, Abuja from where he was posted to the Saturday Desk as News Editor, before the current promotion

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Tinubu Presents N47.9trn 2025 Appropriation Bill to NASS

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President Bola Tinubu, on Wednesday, presented the proposed 2025 federal budget to a joint session of the National Assembly.

The N47.9 trillion budget saw a whopping N3.5 trillion allocated to the education sector.

Other sectors that got higher allocations include defence and security – N4.91tn, infrastructure – N4.06tn and health – N2.4tn.

“It is with great pleasure that I lay before this distinguished joint session of the National Assembly, the 2025 Budget of the National Assembly of Nigeria titled, ‘The Restoration Budget’ security peace, building prosperity,” Tinubu said as he concluded his 30-minute presentation at 1:10pm.

This budget highlights the government’s focus on improving education, healthcare, and infrastructure, in line with its ‘Renewed Hope Agenda’ aimed at boosting the economy and addressing key national priorities.

The live broadcast of the budget presentation today revealed the government’s plans for the next fiscal year. With a strong emphasis on human capital development, the president highlighted the budget’s commitment to improving the nation’s economic foundation.

Education sector receives major funding 

A significant portion of the 2025 budget is dedicated to education, with N3.5 trillion allocated to the sector. President Tinubu stated that part of this funding would be directed toward infrastructure development, including support for Universal Basic Education (UBEC) and the establishment of nine new higher educational institutions.

We have made provision for N826.90 billion for infrastructural development in the education sector,” Tinubu said.

This allocation aims to improve educational facilities and support ongoing efforts to strengthen Nigeria’s educational system.

Focus on human capital development 

During the presentation, the president emphasized the importance of investing in Nigeria’s human capital. “Human capital development, our people are our greatest resource. That is why we are breaking record investment in education, healthcare, our social services,” he remarked.

Tinubu also pointed to the N34 billion already disbursed through the Nigerian Education Loan Fund (NELFUND) to assist over 300,000 students.

The budget includes continued investments in healthcare and social services as part of the broader goal of enhancing the quality of life for Nigerians.

Strengthening the economy and national security 

Tinubu highlighted that the 2025 budget is designed to build a robust economy while addressing critical sectors necessary for growth and security.

“This budget reflects the huge commitment to strengthening the foundation of a robust economy, while addressing the critical sectors essential for the growth and development we envision; and secure our nation,” he said.

The budget aims to tackle key challenges and foster long-term economic stability by prioritizing infrastructure and development in key sectors.

Healthcare and social services allocations 

In addition to education, Tinubu focused on the allocation for healthcare and social services. The government plans to increase investments in healthcare infrastructure and services to ensure broader access to essential healthcare for Nigerians.

These investments are part of the administration’s strategy to improve overall living conditions and enhance public health across the country.

President Tinubu’s proposed 2025 budget is said to reflect the administration’s commitment to achieving its development objectives, with a focus on economic growth, human capital development, and infrastructure improvement.

As the National Assembly reviews the budget, the president reiterated his administration’s resolve to address the nation’s most pressing needs.

Source: Nairametrics

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Ghana’s President-elect Mahama Visits Tinubu in Abuja

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Ghana’s President-Elect, Dr. John Dramani Mahama, a courtesy visit to President Bola Tinubu at his residence, Presidential Villa, State House on Monday.

Mahama

Mahama won 56 percent of the votes in this month’s presidential election, compared to the ruling party candidate and Vice President Mahamudu Bawumia, who secured 41 percent.

Mahama

The landslide comeback for former president Mahama ended eight years in power for the New Patriotic Party (NPP) under President Nana Akufo-Addo, whose last term was marked by Ghana’s worst economic turmoil in years, an IMF bailout and a debt default.

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I Stand by What I Said, Kemi Badenoch Replies VP Shettima

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The leader of the United Kingdom’s Conservative Party, Kemi Badenoch, has lashed back at Vice President Kashim Shettima over the latter’s reaction to her comments about Nigeria.

Badenoch was born in the UK in 1980 to Nigerian Yoruba parents.

Badenoch, who attained age 16 in Nigeria before departing the country for the UK where she was elected Conservative Party’s leader, described Nigeria as a nation brimming with thieving politicians and insecurity.

However, Shettima, while speaking at the 10th Annual Migration Dialogue at the Presidential Villa in Abuja on Monday, December 9, 2024, accused Badenoch of “denigrating her country of origin” with her remarks.

The vice-president listed influential people whose families had migrated to other countries, commending former UK Prime Minister Rishi Sunak as a “brilliant young man who never denigrated his nation of ancestry.”

Reacting on Wednesday, Badenoch lashed back at Shettima, saying she doesn’t do “PR for Nigeria”.

Her spokesperson, as the Tory leader, according to UK Express, said: “Kemi is not interested in doing Nigeria’s PR; she is the Leader of the Opposition in the UK.

“She tells the truth; she tells it like it is; she isn’t going to couch her words. She stands by what she said.”

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