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    Home » Tinubu Approves Duru’s Appointment As FMC Lokoja Board Chairman

    Tinubu Approves Duru’s Appointment As FMC Lokoja Board Chairman

    Hints NewsBy Hints NewsJanuary 24, 2025No Comments2 Mins Read
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    President Bola Tinubu has approved the appointment of the Deputy National Organising Secretary of the ruling All Progressives Congress (APC), Nze Duru as Chairman, Governing Board, Federal Medical Centre, Lokoja, Kogi State.

    The appointment was conveyed in a letter signed by the Secretary to the Government of the Federation, Senator George Akume (CON).

    Duru’s Chief of Staff, Dr. Stanley Ugboaja in a statement issued Friday said the appointment takes effect from 9th of January, 2025.

    He said: “Nze Duru is a grassroots politician par excellence who has also had a stellar career in the business sector.

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    “His ethics guided political conduct and comportment as a member of Nigeria’s House of Representatives between 1999 and 2007, when he represented Aguata Federal Constituency, and facilitated critical initiatives in the transformation of Nigeria’s economic space to contemporary standards.

    “One such initiative was the unlocking of the latent assets base of the contributory pension scheme as Chairman of the House of Representatives Pension Reform Ad-hoc Committee.

    “Nze Duru ensured the speedy passage of the Pension Bill which was assented to by President Olusegun Obasanjo. The assets under management of the industry are now estimated at more than 16 Trillion Naira from a zero position in 2004 when the bill was signed into law.”

    TheHintsNews reports that Duru championed the bill that led to the unbundling of the power sector to electricity generation (GENCOS), transmission, system operation and distribution (DISCOS) segments.

    Ugboaja noted that during Duru’s term as Chairman of the House Committee on Privatisation, with oversight responsibilities over the Bureau for Public Enterprises, he redesigned the bidding methods to follow the principle of technical competence before financial viability.

    He stressed that the introduction of this principle nipped in the bud the political charge that characterised the dealings in the BPE at the time.

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