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After SEC Settlement, Oando Set To Release Its Results

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Oando, Nigeria’s leading energy solutions provider confirmed that it will release its 2019 audited financial statement at the end of Q1 2022.

In a statement issued on Wednesday, February 2, the company explained that its financials were delayed as a result of the then indefinite suspension of the Company’s 2018 Annual General Meeting (AGM) by the Securities and Exchange Commission (SEC) on June 10, 2019, thus preventing the company’s shareholders from appointing an auditor for its 2019 financials.

To the delight of shareholders, Oando resolved its dispute with the SEC in July 2021, and subsequently held its 42nd Annual General Meeting (AGM) in August of the same year. At the AGM, the shareholders appointed Ernst & Young as auditors of its 2019 financials.

Consequent to the audit and filing of its 2019 financials, Oando has explained that it will hold its 43rd AGM where it will propose that shareholders appoint an auditor for the filing of its 2020 and 2021 audited financial statements rather than having two separate AGMs for this purpose, all towards mitigating any further delays in the release of its financials.

In this regard the company is confident that it will be in full compliance with its regulatory requirements regarding its Annual Financial Statements and Unaudited Financial Statements by the end of December 2022.

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Governor Dauda Lawal Approves 120-Day Rapid Intervention Plan to Revamp Zamfara State’s Educational Sector

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Governor Dauda Lawal has approved a 120-day Rapid Intervention Action Plan aimed at addressing systemic failures in Zamfara State’s education sector.

The Governor presided over the State Executive Council meeting on Monday at the Government House in Gusau, where key decisions were taken.

During deliberations at the 65th Council meeting, issues related to education, health, works, and other sectors were discussed and approved.

The Council endorsed a 120-day rapid intervention plan built on prior diagnostic activities conducted by the Ministry of Education and the Education Quality Assurance Agency (EQAA). The plan, presented by the overseeing Commissioner for Education, Abdulmalik Abubakar Gajam, includes payroll audits, school mapping exercises, and infrastructure assessments. It proposes targeted, time-bound interventions across governance, infrastructure, digital transformation, teacher development, and student welfare.

The Council also approved the formation of a joint committee to immediately assess all illegal or unapproved structures built around schools in the state, with a view to relocating them and securing school environments. The committee will be led by the Ministry of Education, Science and Technology (MOEST).

Additionally, the Council approved a single, unified Education Sector Bill (covering Early Childhood Care Development Education to Tertiary level), to be developed in consultation with stakeholders including agencies, institutions, civil society, traditional rulers, and development partners. A draft bill will be presented to the State House of Assembly for enactment within the emergency timeframe.

The Governor further approved the transfer of non-teaching staff—such as messengers, labourers, gardeners, cooks, guards, drivers, health workers, and artisans—from the Ministry’s payroll to appropriate MDAs (CPG, MoH, Establishment) or private firms.

Among other important issues, the Council approved the composition of the Zamfara State Steering Committee on the State of Emergency on Education and authorised the Committee to constitute a Technical Working Group (TWG) and co-opt stakeholders including the NUT, UNICEF, UBEC, traditional and religious leaders, private school proprietors, and CSOs.

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Ooni of Ife Applauds Gbenga Daniel’s Impact at 70

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Ooni Gbenga Daniel Tribute celebrates the senator’s 70th birthday, highlighting his leadership, service, and contributions to society

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NIMechE Salutes Gbenga Daniel at 70 Milestone

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NIMechE Gbenga Daniel Tribute celebrates the senator’s 70th birthday, highlighting his impact in engineering, leadership, and national development

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