Business
Kolawole Alabi Confirmed as executive commissioner, Consumer Protection Commission
Senate has confirmed the nomination of Mr. Kolawole Oladipupo (South West Zone) as Executive Commissioner of the Federal Competition and Consumer Protection Commission (FCCPC). The confirmation of the nominee was sequel to presentation and consideration of the report of the Committee on Trade and Investment.
Chairman of the Committee, Senator Francis Fadahunsi, in his presentation said that the nominee satisfied the requirements of Sections 153 and 156 of the Constitution of the Federal Republic of Nigeria, 1999, as amended; Section 5 subsection (1) of the Federal Competition and Consumer Protection Act, 2018 and Order 121 of the Senate Standing Orders 2015, as amended. According to him, Alabi’s nomination for appointment by President Muhammadu Buhari was made in compliance with the provision of Section 5 subsections (1) and (2) of the Federal Competition and Consumer Protection Act, 2018.
Senator Fadahunsi explained further that the nomination of the nominees for appointment as Chairman, Executive Vice-Chairman/Chief Executive, Executive Commissioners and Non-Executive Commissioners of the Federal Competition and Consumer Protection Commission (FCCPC) are made pursuant to Section 4(2) of the Federal Competition and Consumer Protection Commission Act, 2018. According to him, Kolawole Alabi’s nomination became necessary following President Buhari’s assent to the Federal Competition and Consumer Protection Act, 2018 on 30th January, 2019.
-
Oil and Gas20 hours agoPetrol pump price to fall below N740 per litre before Christmas as Dangote alleges sleaze at NMDPRA, demands investigation, prosecution of Farouk Ahmed
-
Economy15 hours agoNigeria’s headline inflation rate decline to 14.45% y/y–NBS
-
News15 hours agoSpread between official, unofficial foreign exchange markets dropped by N30.59US$/1—Coronation
-
Oil and Gas2 days agoNigeria issues permits for gas-flaring project, targets $2bn investment and 3 GW power potential
-
Stock Market15 hours agoCordros Securities tips GTCO as top pick for 2026 due to superior assets
-
Finance15 hours agoBitcoin value drops to $88k over Bank of Japan central bank rate cut anticipation
-
News2 days agoExplore alternative management, concession models for TCN to improve efficiency, investment–CPPE to FG
-
News2 days agoAfreximbank breaks ground on its trade centre, new headquarters in Egypt’s new capital
