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SEC Board Disbanded, Bolaji Ibrahim Bello Named Acting DG | Oteh may resume in 2 weeks

By on June 15, 2012

The minister of finance, Okonjo Iweala disclosed that the Presidency had approved the appointment of the current Director of Finance and Administration, Mr. Bolaji Ibrahim Bello as the new Acting Director General of the Securities and Exchange Commission (SEC).

She also stated that the current board members led by the Acting Director General, Ms. Daisy Ekineh would be relieved of their duties as their tenure expires today.

Speaking to journalists yesterday, the minister said, “There will absolutely be no tenure elongation for the commissioners and the chairman, who are meant to leave tomorrow (Friday). They will be departing as scheduled.

“Nobody is attempting to elongate the tenure of anyone and there should be no fear about that. Actually, with Mr President’s permission, from tomorrow, you know that Ms Ekineh had been acting and from Monday, with the concurrence of Mr President, one of the senior directors will be designated on a temporary basis as acting DG.”

“So, he will carry on with his director’s job and also as acting DG. He is Mr. Bolaji Bello and is currently the director in charge of finance and administration.”

The minister also referred to the compulsory suspension placed on Ms. Arunma Oteh as being a temporary leave pending the investigation ordered into her alleged impropriety by the outgoing board. Price Waterhouse Coopers was employed to investigated the allegations of financial impropriety against the embattled DG.

She said, ““We also look forward to the report of the audit that the board has ordered. Once it is ready, we will then know the next line of action and take it up from there. But in the meantime, the DG (Oteh) is on leave, and for the duration, we do not expect it to last for very long. While we don’t want to pre-judge, we have given a timeline of two weeks for this audit to be completed.”

  • Nigeria Custom service

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    AUCTIONS/SALES)
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    Acura MDX # 800,000
    Acura TL # 900,000
    Acura ZDX # 900,000
    Audi A4 # 500,000
    Audi A6 # 700,000
    BMW 3-Series # 750,000
    BMW 5-Series # 950,000
    BMW X5 # 990,000
    BMW X6 # 1.5M
    Ford Escape # 1.2M
    Ford Explorer # 1M
    Honda Accord # 850,000
    Honda City # 500,000
    Honda Civic # 500,000
    Honda Crosstour # 1.5M
    Honda CR-V # 950,000
    Honda Odyssey # 950,000
    Honda Pilot # 1.8M
    Hyundai Accent # 550,000
    Hyundai Elantra # 450,000
    Infiniti FX35 # 2.6M
    Infiniti FX45 # 3M
    Infiniti QX4 # 3.4M
    Isuzu Trooper # 750,000
    Jaguar S-Type # 450,000
    Jeep Liberty # 1.3M
    Kia Sorento # 550,000
    Land Rover Discovery # 1.6M
    Land Rover Freelander # 1.3M
    Land Rover LR3 # 850,000
    Land Rover LR4 # 800,000
    Land Rover Range Rover # 2M
    Land Rover # 1.5M
    Range Rover Sport # 2.6M
    Land Rover Vogue # 1.3M
    Lexus GS # 1M
    Lexus GX460 # 950,000
    Lexus GX470 #1 000,000
    Lexus LX 570 # 750,000
    Lexus RX 300 # 650,000
    Lexus RX 330 # 750,000
    Lexus RX 350 # 850,000
    Mazda 6 # 550,000
    Mazda 626 # 650,000
    Mazda MPV # 650,000
    Mazda Tribute # 950,000
    Mercedes-Benz C-Class # 650,000
    Mercedes-Benz E-Class # 750,000
    Mercedes-Benz G-Class # 550,000
    Mercedes-Benz GLK # 350,000
    Mercedes-Benz ML # 300,000
    Mitsubishi Endeavour # 350,000
    Nissan Altima # 450,000
    Nissan Armada # 850,000
    Nissan Maxima #750,000
    Nissan Murano # 900,000
    Nissan Pathfinder # 700,000
    Nissan Primera # 400,000
    Nissan Quest # 800,000
    Nissan Sentra # 650,000
    Nissan Xterra # 550,000
    Peugeot 406 # 430,000
    Peugeot 407 # 500,000
    Peugeot 607 # 650,000
    Toyota 4Runner # 850,000
    Toyota Avalon # 700,000
    Toyota Avensis # 750,000
    Toyota Camry # 550,000 – # 1M
    Toyota Corolla # 550,000
    Toyota FJ Cruiser # 750,000
    Toyota Hiace # 1.5M
    Toyota Highlander # 1.5M
    Toyota HiLux # 900,000
    Toyota Matrix # 750,000
    Toyota Prado # 2M
    Toyota Rav4 # 700,000
    Toyota Sequoia # 450,000
    Toyota Sienna # 650,000
    Toyota Tacoma # 800,000
    Toyota Tundra # 900,000
    Toyota Venza # 700,000
    Toyota Yaris # 550,000
    Volkswagen Beetle # 400,000
    Volkswagen Golf # 350,000
    Volkswagen Jetta # 400,000
    Volkswagen Passat # 550,000
    Volkswagen Touareg # 900,000
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    FOR DEALERSHIP:-
    All new dealers should come with :-
    1. A valid international passport
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    3. A bank teller of #150,000 for the dealership certificates
    4. A well filled CUSTOM ORDER FORM
    5. Original certificate and a good resume
    6. Age declaration/Birth certificate
    7. Local/State govt of origin

    FOR INDIVIDUALS

    YOU ARE TO SCAN AND COME WITH A COPY OF :- 1. Your valid international
    passport, drivers license or National ID card. 2. A teller of #100,000 for the ware house warrant card and insurance duty
    3. A well filled CUSTOM
    ORDER FORM.
    4. A passport photograph for the warrant card.
    5. Age declaration/Birth certificate
    6. Local/State govt of origin.

    FOR BUYERS THAT CANNOT MAKE IT DOWN TO THE OFFICE

    You are to send a scan copy of:-
    1. Your valid international passport, drivers license or national ID card
    2. bank teller of the money of 80,000. For wearhouse warrant fees.
    3. A filled CUSTOMORDER FORM.
    4. A passport photograph for the warrant card.
    5. Age declaration/Birth certificate
    6. Local/State govt of origin For the
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    Note: No buyer should come with money to the office
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    CAR FEATURES BELOW

    PRICES OF SOME TOYOTA CARS:
    • Toyota Land Cruiser -N850,000
    • Toyota Prado N950,000
    • Toyota Highlander -N800,000
    • Toyota Corolla –N400,000
    • Toyota Camry –N300,000-N570,000
    • Toyota Avensis – N400,000-N600,000
    • Toyota Matrix -N450,000
    • Toyota Yaris – N450,000
    • Toyota Venza – N700,000
    • Toyota RAV4 SUV –N600,000
    • Toyota Hilus Pickup-N820,000
    • Toyota Dyna Truck – N900,000
    • Toyota Hiace Bus – N550,000
    • Toyota Coaster Bus 32 seaters N1,000,000

    PRICES OF SOME PEUGEOT CARS:
    •Peugeot c230 N400,000
    •C300 N500,000
    •Peugeot 606- N500,000
    •Peugeot 407-N400,000
    •Peugeot 406- N350,00
    •Peugeot 405- N300,000

    PRICES OF SOME HONDA CARS
    •Honda Civic cars – N350,000
    •Honda Accord – N400,000
    •Honda CR-V – N520,000
    •Honda Odyssey – N620,000
    •Honda Pilot – N750,000

    PRICES OF SOME NISSAN CARS:
    • Nissan Murano -N800,000
    • Nissan Xterra jeep – N500,000
    • Nissan Sunny sedanN350,000
    • Nissan Patrol SUV – N500,000
    • Nissan Civilian 30 seater bus – N900,000
    • Nissan Pathfinder SUV – N700,000
    and lots more.

    PRICES OF SOME ROVER CARS:
    • Range Rover – N1million
    • Rover 630i – N350,000
    • Rover 620i – N300,000

    PRICES OF SOME INFINITI CARS:
    • Infiniti QX57 – N850,000
    • Infiniti QX56 -N820,000
    • Infiniti FX45 -N800,000
    • Infiniti FX35 -N750,000

    MODEL/YEAR OF MANUFACTURE……….1996 t0 2010
    INTERIOR…………………….LEATHER AND FABRIC AC……….CHILLING
    FACTORY AC WHEEL…………………..GOOD TYRE, ALLOY WHEEL ASKING
    PRICE………………Rangingfrom #300,000 to #700,000.00 SELLER COMMENT-
    The car performs well, non accident, non salvaged, clean titled confirmed.

    CONTACT: PASTOR TUNDE OLU ON +2348038547919
    NOTE:-NO BUYER SHOULD COME DOWN
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    ALL MONEY PAID IS REFUNDABLE.