Follow us on Facebook
Powered by: CaMS ICTS
Ads

The Federal Government has suspended the controversial law which led ‎Pastor Enoch Adejare Adeboye to step down as the National General Overseer of the Redeemed Christian Church of God (RCCG).


The Corporate Governance Code, which was enacted by the Financial Reporting Council of Nigeria (FRC), was going to see other spiritual heads also retire.


In a statement released on Monday by the Minister of Industry, Trade, and Investment, Dr. Okechukwu Enelamah, he said the code was suspended in order to carry out a detailed review of its application.

The statement issued by the Minister’s Strategic Communication Adviser, Constance Ikokwu, read in part: “The Corporate Governance Code issued by the Financial Reporting Council of Nigeria has been suspended, pending a detailed review, extensive consultation with stakeholders and reconstitution of the board of the FRC.

“Government remains committed to restoring and enhancing market confidence and improving the Ease of Doing Business in Nigeria.


“Government is committed to strengthening FRC and enhancing its capacity to fulfill its core mandate.”



-Daily Post



COMMENT



RELATED



RECOMMENDED


Many farmers in Kano State are now reaping the benefits of wheat production, recording huge successe...
The qualification scandal that has enveloped the senator representing Kogi West Senatorial Distric...
An elderly couple has left the entire village in a community in South Africa after they were rec...
The first Speaker of Gombe House of Assembly, Alhaji Abdullahi Mohammad-Kwadon, has died at the age ...
Active users of telecommunications services in Nigeria decreased from 155.1 million in January to ...
Service providers in Nigeria’s telecommunications networks lost 1,275,573 internet users in Febr...
A copy of Senator Dino Melaye’s alleged statement of degree result in geography has surfaced o...
Senator Aliyu Magatakarda Wamakko has assured that President Muhammadu Buhari\'s government is commi...
The Edo State command of the National Drug Law Enforcement Agency (NDLEA) has arrested two suspe...
© 2016. iReporteronline| Call us on 07032341798 or 07010015032 | Private Policy | Disclaimier | Contact Us | Powered by CaMS ICT