The Nigerian House of Representatives

Polaris Bank CEO, Tokunbo Abiru Retires

Reps Directs CBN To Halt Planned Sale Of Polaris Bank

The Nigerian House of Representatives has made a fresh directive to the Central Bank of Nigeria (CBN) to make sure that they fully suspend the planned sales of Polaris Bank, one of the financial institutions in Nigeria.

The House of Reps has also resolved that they would be setting up an ad hoc committee which would be intended to investigate the interest of the federal government in the bank before its sales.

This decision had also been following a motion of urgent public importance which had been moved by Henry Nwajuba on Wednesday during plenary.

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TETFund Fraud: Submit Reports Within 3 Weeks – Reps Threaten

TETFund Fraud: Submit Reports Within 3 Weeks – Reps Threaten

The Nigerian House of Representatives while reacting to News of massive fraud in the system  has on Thursday threatened to cut off all forms of the Tertiary Education Trust Fund, TETFund, from funding any of the state tertiary institutions.

Aminu Suleiman who is a member of the House of Representatives Committee on Tertiary Education and Services had noted that the TETFun should mandate state institutions benefiting from its interventions to submit reports of their operations within three weeks.

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Suleiman also warned that the committee would stop TETfund from funding …