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Jaiz Bank in succession crisis as two MDs emerge

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There appears to be a brewing boardroom bickering at Jaiz Bank Plc over the tenure of the current Managing Director and the appointment of a successor.

The two claimants are the current Managing Director, Mallam Hassan Usman and a new candidate, Mr. Mohammed Shaheed Khan, who was appointed by the board to succeed Usman.

It was alleged that due to COVID-19 pandemic which ravaged the bank’s board, the current MD fought back to regain his seat while a new appointment was subsisting.

Reacting to the alleged infighting among directors, a top official of the bank said there was no rift on the board of Jaiz Bank.

“In fact, the board of directors held its 34th board meeting with 100 per cent attendance on the 27th of October 2020. This was followed by a successful Extra Ordinary General Meeting (EGM) the following day which was presided over by the Chairman, Dr Umaru Mutallab,” the source said.

Regarding the offer of appointment to Khan, the source said the offer was given subject to the approval of the Central Bank of Nigeria (CBN). The apex bank approved terms different from what was offered to Khan and the board consequently decided not to proceed with the process of appointing him as managing director of the bank.

According to investigation, both the current managing director of the bank and the new candidate have been caught in the bitter boardroom politics of Jaiz Bank.

Findings confirmed that some shareholders of the bank have sharp disagreement with some directors and board members.

It was gathered that some board members took advantage of COVID-19 infection of some of their colleagues to gain upper hand to reverse the decision of the bank to hire a new Managing Director/ CEO.

The boardroom crisis may cost the bank about N2 billion being the six-month salaries of Khan at $175,000 per month.

Investigation showed that the new candidate, Khan (who is a foreigner) was offered a letter of appointment on August 3, 2020.

The Central Bank of Nigeria (CBN) also on 17th September 2020 confirmed that it has no objection to Khan’s choice.

A top source, who spoke in confidence, said: “We have a boardroom crisis at hand. The current MD/CEO, Mallam Hassan Usman, was doing well but some directors insisted on change. They asked him to proceed on retirement and set machinery in motion for the recruitment of a new MD/CEO.

“Along the line, some board members who wanted the MD to retire became ill. Some aggrieved shareholders and board members held an Emergency Board meeting to nullify the retirement notice of the current MD/CEO.

“This is the challenge at hand. We are expecting the intervention of the CBN and restoration of peace to the board.

“The new candidate has written the bank to demand N2 billion as salaries for six months at US$175,000 per month. We may be drawn into a prolonged legal battle.”

Another source in the bank said: “I think the problem at hand was borne out of mutual suspicion among board members.

“Some board members are nursing fears that they may be edged out by certain powerful shareholders. We are really in trouble. And this is the first Islamic bank in Nigeria. Business interest is overriding the fear of Allah.”

A letter to the Chairman of the board of Jaiz Bank, Alhaji (Dr) Umaru Mutallab and the CBN by Khan’s counsel, A. U. Mustapha (SAN) gave insights into how Jaiz ran into crisis.

The letter, dated 26th October, 2020, was also copied the President of the Chartered Institute of Bankers of Nigeria (CIBN) and the Secretary of Jaiz Bank.

The letter said: “Khan, who has a Fintech background, strong network and profile, was approached by Jaiz Bank because the current Managing Director was retiring, and the Bank needed transformation (both cultural and digital) to compete with other digital focused Islamic banks and incumbent banks.

”After rigorous and exhaustive interviews, Khan was offered a letter of appointment as managing Director/CEO of Jaiz Bank on the 3rd of August 2020 and the same letter was duly accepted. Thereafter, a Contract of Employment was drawn between Jaiz Bank and Khan.

”On the 7th of August 2020, Jaiz Bank wrote to the Central Bank of Nigeria (CBN) requesting for its approval to appoint Khan as its MD/CEO.

“The CBN replied by its letter dated 14th August requesting for further clarifications.

“On the 21st of August 2020, Jaiz Bank wrote another letter to CBN where it acknowledged CBN’s letter dated 14th august 2020, stating “we will strongly request your kind consideration and approval for the appointment of Muhammed Shaheed Khan as managing Director Designate.”

“In response to the passionate request, CBN, by its letter dated 17th September 2020 CBN formally confirmed that it “has no objection to the appointment of Mohammed Shaheed Khan as Managing Director/CEO for two years from the date of his appointment.

“Following his appointment as the MD/CEO of Jaiz Bank, Khan completed all formalities and resigned from his previous job and his resignation was duly accepted by the board of his former employers.

“He withdrew his children from their current school, donated/sold his furniture, secured a smaller accommodation for his close relations and thereafter, started working remotely for Jaiz Bank.

“On the 3rd and 11th of September, Khan attended to official electronic mail from the Company Secretary “Executive Directors would like to have your input on a proposal to secure some IT infrastructure, details of which will be shared with you shortly”;

”But the current outgoing Managing Director of Jaiz Bank, Mallam Hassan Usman, on the 25th of September 2020, after an emergency board meeting, informed Khan that Jaiz allegedly cannot proceed with the appointment.

“Khan replied by claiming that he had been in contact with the Chairman and Company Secretary as the Chairman had no knowledge of the alleged termination of his appointment and that as an outgoing Managing Director, he lacks the authority to send the correspondence.

“On 30th September 2020, Khan wrote the Chairman, Board of Directors of Jaiz Bank, Alhaji (Dr) Umaru Mutallab CON, FCA, and the Company Secretary that he has completed all the formalities and as per the offer letter and he will be joining Jaiz Bank on October 2nd 2020.

On the same 30th September 2020, Alhaji (Dr) Umaru Mutallab CON, FCA, Chairman; Board of Directors of Jaiz Bank replied back “We look forward to your resumption on the 2nd of October officially as MD designate while the visa formalities are being finalized. On behalf of the Board, we look forward to seeing you soonest in person in Nigeria.”

Source: The Nation

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Tinubu Approves Recruitment of 3,252 Verified PTA Teachers into Federal Civil Service

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Tinubu Approves Recruitment of 3,252 Verified PTA Teachers into Federal Civil Service

Tinubu Approves Recruitment of 3,252 Verified PTA Teachers into Federal Civil Service

President Bola Ahmed Tinubu has approved the recruitment of 3,252 verified Parent-Teacher Association (PTA) teachers into the Federal Civil Service, a landmark decision that ends years of uncertainty for thousands of educators who have kept classrooms running in Federal Unity Colleges across Nigeria. The approval, announced on Thursday by Minister of Education Dr Tunji Alausa, represents one of the most significant interventions by the current administration to address the persistent shortage of teaching personnel in federal secondary schools. The Minister described the decision as a major milestone that reflects President Tinubu’s commitment to revitalising the education sector and investing in the country’s future through improved teaching and learning. According to the minister, priority will be given to absorbing verified PTA teachers, many of whom have served in Federal Unity Colleges and Federal Technical Colleges for nearly 25 years without being absorbed into the mainstream public service. “This is a President who cares deeply for Nigeria and for the future of our country,” Alausa stated. “The President has approved the recruitment of teachers. Priority will be given to absorbing verified PTA teachers, many of whom have served in our Federal Unity Colleges and Federal Technical Colleges for almost 25 years. This approval provides them with the opportunity to become part of the mainstream public service.”

Dr Alausa explained that the approval followed a comprehensive verification exercise conducted by an Inter-Ministerial Committee, which carefully screened eligible PTA teachers across Federal Unity Colleges nationwide. The exercise verified 3,252 teachers across the cadres of Education Officers, Assistant Education Officers and Technical Instructors, paving the way for their regularisation upon completion of all statutory requirements. The minister noted that the recruitment represents another milestone in the implementation of the administration’s Renewed Hope Agenda, stressing that it would significantly improve teacher-to-student ratios in Federal Unity Colleges while recognising the dedication of PTA teachers who have continued to serve despite years of uncertainty over their employment status. The minister added that integrating experienced PTA teachers into the federal public service would help preserve institutional knowledge, strengthen classroom instruction and improve learning outcomes across the colleges. He noted that the recruitment aligns with the Federal Government’s broader strategy to enhance teaching quality and restore Federal Unity Colleges as centres of academic excellence. Dr Alausa also reaffirmed the commitment of the Federal Ministry of Education to collaborate with relevant government agencies to complete the outstanding statutory procedures required for the issuance of final letters of appointment in line with existing public service regulations. He assured the verified PTA teachers that the ministry would ensure the regularisation exercise is concluded transparently, fairly and in strict compliance with due process and established public service rules.

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For many years, Federal Unity Colleges have relied heavily on PTA teachers engaged and paid by Parent-Teacher Associations to bridge chronic staffing gaps caused by inadequate recruitment into the federal teaching service. Many of these teachers have worked in the colleges for between 10 and 25 years without permanent appointments, despite performing the same classroom responsibilities as regular government-employed teachers, and without pension benefits or employment security available to regular civil servants. Successive administrations received appeals from the affected teachers and education stakeholders to regularise their appointments, arguing that the prolonged reliance on PTA-funded staff placed a financial burden on parents and created job insecurity for thousands of qualified teachers. The minister stressed that no education system can rise above the quality of its teachers, and that investing in teachers remains critical to building a stronger and more competitive education system. He commended the PTA teachers for their resilience and commitment to duty despite the uncertainty surrounding their employment status. The recruitment approval has been widely welcomed by education stakeholders and the affected teachers, who have long campaigned for regularisation of their appointments.

The recruitment of 3,252 PTA teachers into the Federal Civil Service represents a significant boost for the country’s education sector. By absorbing experienced educators who have already demonstrated their competence in the classroom, the Federal Government is taking a strategic approach to addressing the teacher shortage in Federal Unity Colleges. The move is expected to improve the quality of education in these institutions, reduce the financial burden on parents who have been funding PTA teachers, and provide job security and benefits for thousands of dedicated educators. The regularisation of these teachers also sets a precedent for addressing similar challenges in other sectors where contract or PTA-funded staff have been providing essential services without proper recognition or benefits.

Tinubu Approves Recruitment of 3,252 Verified PTA Teachers into Federal Civil Service

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Nigeria’s first indigenous female neurosurgeon appointed medical director of US hospital

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Nigeria’s first indigenous female neurosurgeon appointed medical director of US hospital
Nigeria’s first indigenous female neurosurgeon, Dr. Salamat Ahuoiza Aliu-Ibrahim

Nigeria’s first indigenous female neurosurgeon appointed medical director of US hospital

Nigeria’s first indigenous female neurosurgeon, Dr. Salamat Ahuoiza Aliu-Ibrahim, has achieved another major career milestone after being appointed Medical Director of a children’s hospital in the United States, earning widespread commendation from the Nigerians in Diaspora Commission (NiDCOM) and the medical community.

The appointment further strengthens Dr. Aliu-Ibrahim’s reputation as one of Nigeria’s pioneering medical professionals and highlights the growing impact of Nigerian healthcare experts on the global stage.

The development was announced on Thursday in a statement issued by NiDCOM through its Director of Media, Public Relations and Protocols Unit, Abdur-Rahman Balogun.

Reacting to the appointment, NiDCOM Chairman/Chief Executive Officer, Abike Dabiri-Erewa, described it as another remarkable achievement for Nigerians living abroad and a testament to the outstanding contributions of Nigerian professionals across the world.

She said Dr. Aliu-Ibrahim’s emergence as Medical Director reflects the excellence, resilience and professionalism that continue to distinguish Nigerians in the diaspora in various sectors.

According to Dabiri-Erewa, the appointment demonstrates that excellence transcends gender, race and religion while serving as an inspiration to young Nigerians—especially girls aspiring to pursue careers in medicine, science and other highly specialised professions.

She noted that Aliu-Ibrahim’s success also dispels stereotypes surrounding Muslim women and reinforces the message that faith and professional excellence can coexist.

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“Dr. Salamat Aliu-Ibrahim’s appointment is yet another reminder that Muslim women cover their hair, not their brains,” Dabiri-Erewa said.

“Her remarkable achievement demonstrates that faith and excellence are not mutually exclusive. She has become a beacon of hope and inspiration for countless young girls across Nigeria and beyond.”

Dr. Aliu-Ibrahim made history as Nigeria’s first indigenous female neurosurgeon after completing her neurosurgical residency at the National Hospital, Abuja, becoming one of the country’s foremost pioneers in one of medicine’s most demanding specialties.

After relocating to the United States, she faced the challenge of securing a neurosurgery residency position under the American medical training system. Rather than abandon her medical career, she retrained in paediatrics and successfully established herself as a paediatrician.

Her resilience and determination have since earned her leadership responsibilities within the American healthcare system, culminating in her appointment as Medical Director of a children’s hospital.

Medical experts say her career journey reflects exceptional adaptability and commitment to patient care, demonstrating that professional success often requires resilience, continuous learning and the willingness to embrace new opportunities.

While celebrating the appointment, Dabiri-Erewa also expressed concern over the continued migration of highly skilled Nigerian healthcare professionals abroad in search of better career opportunities.

She acknowledged that Nigerians in the diaspora continue to make invaluable contributions to healthcare, research, innovation and public service across the world, but warned that the persistent migration of experienced doctors and other medical personnel continues to pose challenges for Nigeria’s healthcare sector.

According to her, addressing issues relating to remuneration, welfare, working conditions and career development for healthcare workers remains essential to reducing the country’s brain drain.

She stressed that creating an enabling environment for medical professionals would encourage more experts to remain in Nigeria while strengthening the country’s healthcare system and improving service delivery.

Dabiri-Erewa commended Dr. Aliu-Ibrahim for projecting Nigeria positively through excellence, dedication and professionalism, expressing confidence that she would continue to make significant contributions to healthcare in her new leadership role.

She also reaffirmed NiDCOM‘s commitment to recognising and celebrating Nigerians in the diaspora whose outstanding achievements continue to enhance the country’s global image and inspire future generations.

Dr. Aliu-Ibrahim’s appointment adds to the growing list of Nigerian professionals occupying strategic leadership positions in healthcare institutions across the world, underscoring the country’s reputation for producing highly skilled medical experts who continue to excel internationally.

Nigeria’s first indigenous female neurosurgeon appointed medical director of US hospital

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Military Salary Hike Sparks Mixed Reactions as South-East Youths Weigh Enlistment

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Military Salary Hike Sparks Mixed Reactions as South-East Youths Weigh Enlistment

Military Salary Hike Sparks Mixed Reactions as South-East Youths Weigh Enlistment

Young men in Nigeria’s South-East are reconsidering military enlistment following President Bola Tinubu’s approval of an 80% salary increase for junior ranks, though deep-seated distrust and historical grievances continue to shape attitudes toward service in the region. The Federal Government approved a salary increment of between 30 and 80 per cent for personnel of the Nigerian Armed Forces, effective September 1, 2026. The decision increased the annual wage bill of the forces from N660 billion to N924 billion, adding N264 billion in personnel expenditure. Approximately 250,000 officers and soldiers will benefit from the new pay structure. Under the new salary structure, junior personnel from Private to Staff Sergeant will receive the highest adjustment of 80 per cent. Middle-level personnel and non-commissioned officers, from Warrant Officer to Colonel, will enjoy a 50 per cent increase, while officers above the rank of Colonel will receive a 30 per cent salary increase. The government also approved the recruitment of 28,000 new personnel into the armed forces and the creation of additional military divisions, as part of the Strategic Force Expansion Initiative aimed at strengthening operational capacity against terrorism, insurgency, banditry, kidnapping and other security threats.

While some young men in the region view the salary increase as an incentive to enlist, others remain reluctant due to concerns about career prospects, safety and the legacy of past military actions. Stephen Ezike, a bucket hawker from Okpoto in Ebonyi State, said he never wanted to join the military because his uncle retired without building a house. “He kept complaining that the injury he sustained in active service did not allow him to serve at war fronts where he could have gotten better allowances. My uncle currently works as a security man at a private university. He struggles to train his children. I hawk buckets, but I have built a house. I don’t want a job that I don’t know when I will die or not, and no guarantee that my children will go to school if I die early.” Ebubeagu Okoye, who sells used shoes, said with the increment, he would like to join the military. “Joining may not even be easy as such because there will be competition. Unemployment is much. Many will like to join. Because of the activities of bandits, the need for more recruitment has arisen. I will join because I’m a patriotic Nigerian. Let them also make entrance to the Nigerian Defence Academy easy for everybody. Rich men’s children go through NDA, and become officers. Ordinary Nigerians start as privates. That should stop if the military career is all about patriotism.” Mrs Dorothy Ekwueme said she would like her son to join, referring to two brothers who are Major Generals in the military. “These brothers are doing fine; we respect them. I like my son to become a soldier. But I don’t want my son to go to war. The way soldiers die makes me sad. Before, any place a soldier is attacked would be in trouble. Today, even Generals die carelessly.”

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Military authorities have repeatedly expressed concern over low enlistment in the South-East. Chief of Army Staff Lieutenant General Waidi Shaibu, speaking at the passing-out parade of 2,989 recruits at the Amasiri-Edda Depot, directly appealed to Ndigbo to embrace military service. “To Ndi-Igbo, I wish to urge you to encourage your youths to take up their rightful place in the defence of our fatherland. For some time now, the recruitment quota for this zone has not been fully utilised. That should not continue. Military service is not just a career but an honourable endeavour of patriotism, leadership, and national contribution.” COAS Olufemi Oluyede, during an engagement with stakeholders in Umuahia, Abia State, similarly warned that when allocated slots are left vacant, they are eventually taken up by qualified applicants from other parts of the country, reducing the region’s representation in the Nigerian Army. The Nigerian Army has intensified its recruitment sensitisation campaign in the region, establishing the Amasiri-Edda Recruit Training Depot in Ebonyi State – the Army’s third training depot nationwide and the first in the South-East. The depot became operational on November 25, 2025. The Ebonyi graduates are part of the first batch of 14,000 out of 28,000 new soldiers approved by President Tinubu under the Federal Government’s Armed Forces Expansion Initiative.

A retired Assistant Commandant General of the Nigerian Security and Civil Defence Corps, Mr Edwin Ugwuja, said the increment would boost enlistment of South-East youths in the military. According to him, their aversion to the military stemmed from poor remuneration. “These youths understand the tenets of businesses. With the popular Igbo apprenticeship system, the young ones get established within some years. They will feel more comfortable to answer their own bosses than undergoing military assignments. But apart from serving your country as patriots, the military serves as an employment platform. The increment will boost the morale of the personnel and strength of troops who are fighting banditry and insurgency.” Dr Obi Eze, an industrial psychologist, called for more sensitisation to encourage Igbo youths to join the military. “Some parents still recollect the episodes of the Biafran War. Some young ones read negative literature of the war. They need to be informed that the military is a noble profession, established as a patriotic institution to preserve Nigeria’s unity. Check it, there are many children of senior military officers in the military. If it were a bad career, you wouldn’t have seen them there.”

Aloy Ejimakor, Special Counsel to detained IPOB leader Nnamdi Kanu, has argued that the reluctance of Igbo youths to enlist stems from distrust of the military rather than a lack of courage. “The reluctance of Igbo youths to enlist in the Nigerian armed forces is not a deficit of valour, but a calculated refusal to serve an institution they deeply mistrust. Historically and presently, Ndigbo face systematic marginalisation within an ethnically unbalanced leadership structure in Nigeria’s security services.” Ejimakor pointed to the anti-Igbo killings by soldiers in Northern Nigeria in 1967 as an “unhealed wound” that has been “constantly reopened” by more recent incidents. He also noted that South-East youths are unsettled by the integration of “repentant” Boko Haram fighters into the military.

The Labour Party and the Obidient Movement have questioned the motive behind the salary increase, despite acknowledging its benefits. The National Publicity Secretary of the Labour Party, Ken Asogwa, described the decision as overdue but suggested it was politically motivated. “It looks like it’s a political move done to score some political points.” However, Senator Orji Uzor Kalu praised the salary increase, describing it as a timely intervention that reflects the Federal Government’s commitment to improving the welfare of military personnel. Defence Minister General Christopher Musa (rtd) also expressed gratitude to the President, describing the move as a major boost to troop morale.

Military Salary Hike Sparks Mixed Reactions as South-East Youths Weigh Enlistment

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