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IIM to Honour Obasanjo, Okere , Others @ Induction Ceremony

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former President Olusegun Obasanjo,
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Institute of Information Management (IIM) has announced plans to honour different stakeholders in Nigeria and other parts of the world including state governors, past and present public office holders, captains of industries including leaders across the various sectors of the economy, as part of activities to commemorate its maiden Induction / investiture ceremony.

The event is slated for March 15, at the Sheraton Hotel, Ikeja Lagos.

The Institute of Information Management (IIM) is a professional membership driven Institute, developed to serve the growing community of data, information, records, document and archives management professionals who are tasked with managing the dynamic information life cycle within the enterprise.

Dignitaries expected at the event and to be honoured include former President Olusegun Obasanjo, Oba (Dr) Olusanya Adegboyega Dosunmu, the Olowu of Owu Kingdom, Minister for Information, Mr. Labaran Maku and Bar. Chris Onyemenam – DG National Identity Management Commission.

Others are Barr. Babatunde Raji Fashola SAN, Lagos State Governor, Senator Ibikunle Amosu FCA, Ogun Sate Governor, Ogbeni Rauf Adesoji Aregbesola, State of Osun Governor, Comrade Adams Oshiomole, Edo State Governor, Chief Godswill Akpabio, Akwa Ibom Governor, Dr. Rabi’u Musa Kwankwaso and Kano State Governor, as well as other state governors.

Also on the list of the dignitaries are Chief (Mrs.) Beatrice Obiageli Ubeku JP, MFR, President – West African Women Association, Engr. (Mrs.) Florence Seriki, MFR, Austin Okere, Dr D.K. Olukoya – General Overseer of the Mountain of Fire and Miracles Ministries as well as many other MDs and CEOs of major Institutions, Information Management and Technology firms among others.

Speaking on the epoch-making event, Dr. Oyedokun Ayodeji Oyewole, president /chairman, Governing Council of the Institute said “This is an all important event and the very first one for that matter in the whole of Africa in the Information Management space, as we expect to have a very elaborate event following the collection of professionals across various sectors of the economy we shall be inducting and also honoring those who have excelled in different sphere of the economy with influence on Information management.”

Oyewole reiterated that the need to develop the Information Management profession now cannot be over-emphasized, as successful organizations in the future will depend on how well they enable information to be appropriately managed by professionals, and how well they learn from the information they hold, and how they use it to create new value.

According to the IIM boss, major activity at the event will include conferment of the Institute of Information Management Fellowship on members who have made substantial contribution to the development of the Information Management and Technology profession, its practices or the Institute of Information Management itself and Honorary Fellows on other professionals with backgrounds outside of Information Management but are identified as having made significant contributions that impact on the profession or the Institute of Information Management.

Other categories to be inducted include Associate, Professional, Senior Professional and Corporate members.

The Institute of Information Management is approved by the Federal Ministry of Education (FME), Nigeria with the consent of the Attorney General of the Federation serving the emerging field of Records, Information, Archives, Data, Security, and Document Management Professionals, with partnership and affiliation with different international organizations like the Information and Records Management Society (IRMS), UK, Professional Evaluation and Certification Board (PECB), Canada etc.

The Institute of Information Management is strategically positioned to help professionals in both public and private organizations in Nigeria and Africa develop the required frameworks, tools and culture needed to build capability. By improving professionalism in this essential field, as required in the following functions such as finance, administration, engineering, construction, project management, procurement, IT and communications.

Sound policy, clear standards, competence, certification, research and effective processes are all aspects of first-class information management programs that the Institute of Information Management unique faculties has got to deliver through our various learning and professional development programs, aimed at empowering information management professionals globally.


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FG May Forfeits $4m from World Bank Loan over Audit Flop

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Federal government may lose $4 million from a World Bank loan after failing to get a pass mark on key audit standards in its revenue-generating agencies, such as the Federal Inland Revenue Service (FIRS) and the Nigeria Customs Service.

FG May Forfeits $4m from World Bank Loan over Audit Flop

This is according to a World Bank restructuring paper dated June 2025.

The amount, which is the equivalent of around N6.2 billion with an exchange rate of N1,568 per dollar, could have helped to address one of Nigeria’s infrastructural deficits.

The fund formed part of the $103 million Fiscal Governance and Institutions Project, a public financial management initiative financed through a credit facility from the International Development Association.

Accordingly, the revenue assurance audit covering the FIRS and Customs for the 2018 to 2021 financial years was assessed as not achieved because the reports submitted did not meet international auditing standards.

“Revenue assurance audit of Main Income Generating Agencies, including the Federal Inland Revenue Service and the Nigeria Customs Service for FY 2018–2021, with an allocation of $4m.

“These Intermediate Results to be implemented by the Office of Auditor-General of the Federation were assessed as not achieved by the Independent Verification Agent because the reports submitted for verification did not meet the requisite international auditing standards.”

Also, the unsuccessful audit was one of ten performance-based conditions under the project that the government could not deliver before the closing date of June 30, 2025. Consequently, the Federal Ministry of Finance formally requested the cancellation of $10.4 million in project funds.

“The FMF has requested cancellation of $0.9m of unused funds for technical assistance and $9.5m, which is the amount allocated to 10 performance-based conditions, which will not be achieved by the close of the project on June 30, 2025,” the document read.

Further analysis shows that $4.5 million was tied to the uncompleted Revenue Assurance and Billing System, while $1 million was allocated to the development of a National Budget Portal.

According to the document, the Budget Office of the Federation, which was responsible for the portal, did not submit any evidence of achievement. In addition, $0.9 million in technical assistance funding was left uncommitted and has also been cancelled.


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CDCFIB Warns against Recruitment Racketeers

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Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) has warned job seekers to be wary of fraudsters circulating inappropriate recruitment information.

CDCFIB Warns against Recruitment Racketeers

The warning came against the backdrop of social media publications that President Bola Tinubu has ordered massive recruitments into some government agencies.

The agencies listed in the report were the Nigeria Immigration Service (NIS); the Nigeria Security and Civil Defence Corps (NSCDC); the Nigeria Correctional Service (NCoS) and the Federal Fire Service (FFS)..

The agencies are all under the Ministry of Interior, headed by Dr Olubunmi Tunji-Ojo.

However, while responding to the reports, the Civil Defence, Correctional, Fire and Immigration Services Board (CDCFIB) cautioned Nigerians against falling into the traps of job racketeers.

The Board acknowledged a Presidential approval for the recruitment of personnel in the four (4) Paramilitary Services under its purview, but insisted that due process would be followed on the matter.

Major Gen. Abdulmalik Jibrin (rtd), board secretary, said in a statement that “there are series of processes which leads to the actual recruitment exercise.”

“The Board wishes to reiterate that for all its recruitment processes, appropriate notifications would be done via adverts in the national dailies and it would be carried out in a fair and transparent process devoid of payment of any fee.

“To this effect, members of the public should be weary of the activities of recruitment racketeers who may want to take advantage of unsuspecting job seekers to rob them of their hard-earned resources”, Gen Jibrin said.


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Concerned Nigerians Ask EFCC  to Release Abiodun, CBEX Promoter

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Adefowora Abiodun, one of the alleged promoters of the CBEX investment scheme, who voluntarily surrendered to the Economic and Financial Crimes Commission (EFCC) in April following a ruling by Justice Emeka Nwite of the Federal High Court in Abuja, is still languishing in the custody of the anti-corruption agency.

Concerned Nigerians Ask EFCC  to Release Abiodun, CBEX Promoter

Adefowora Abiodun, one of the alleged promoters of the CBEX investment scheme,

Concerned Nigerians who have been following the matter have urged the EFCC to release him unconditionally since he honoured their invitation without being arrested.

The court had approved the EFCC’s request to arrest and detain six individuals connected to the scheme, including Abiodun.

Alongside Abiodun, five other individuals—Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Avwerosuo Otorudo, and Chukwuebuka Ehirim—were declared wanted by the EFCC for their involvement in the alleged fraudulent investment scheme, which was valued at over $1 billion.

Fadila Yusuf, EFCC’s legal counsel, had submitted evidence that led to their public declaration as wanted individuals.

After the announcement, Abiodun, who was shocked by the declaration, alongside his legal team, presented himself to the EFCC headquarters in Abuja, expressing his willingness to cooperate with the investigation.

Babatunde Busari, his legal counsel, explained that Abiodun’s decision to submit voluntarily was made in order to clear his name and address the media narratives circulating about the case.

Despite the return of investor funds and CBEX’s assurance that withdrawals would be allowed by June 25, Abiodun has been in detention for over a month, triggering speculation about the EFCC’s high-handedness and rights abuse.

His legal team is now advocating for his release on administrative bail, emphasizing that the ongoing detention is unwarranted under the circumstances since he submitted himself for investigation.

According to one of the family sources, “Keeping him in a cell for over one month would send a negative signal to other Nigerians who would be declared wanted by the EFCC in the future. It would discourage Nigerians who have clear cases from surrendering themselves voluntarily to security agencies if, at the end of the day, they don’t receive mutual respect for surrendering themselves.”

He added that CBEX is not a Ponzi scheme.

Reacting to the agitation by concerned Nigerians, Dele Oyewole , EFCC spokesman hinted that the agency obtained a remand order to keep him beyond 48 hours.

According to him, “Anybody that we are holding beyond 48 hours, be rest assured that we have a lawful remand order from the magistrate court to hold him beyond 48 hours.

“We are a law-abiding commission. Concerning that suspect, we are holding him on the basis of that remand order.”

 

 


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