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No Going Back On Yoruba Nation- Sunday Igboho Tells Oluwo

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The camp of Yoruba nation agitator, Sunday Adeyemo alias Igboho, on Saturday denied that he was about to soft pedal or dialogue with the federal authorities.

Reacting last night to Friday’s offer by the Oluwo of Iwo, Osun State, Oba Abdulrosheed Akanbi, to intervene in the face-off between government and Igboho, the spokesman of the activist, Olayomi Koiki, said there had been no contact between the monarch and the agitator lately.

Koiki also denied that Igboho was about to drop the agitation for a Yoruba nation.

But the Oluwo said only Igboho “can speak for himself” on whether he is ready for talks of not.

“Nobody can speak for him,” he told The Nation on the phone last night.

The Presidency itself appeared to play down the matter when contacted on Saturday.

A source said only the Director of State Services (DSS), the Nigeria Police Force and the Attorney-General of the Federation, Mr. Abubakar Malami, SAN, could determine Igboho’s fate.

It was the DSS that coordinated the raid in the activist’s Ibadan residence penultimate Thursday, arrested some of his aides and declared him wanted.

Igboho has since gone underground.

Koiki, his spokesman, told The Nation yesterday that he was not aware of any contact lately between Oba Akanbi and Igboho.

“Not at any time, not even a single call,” he said.

But he admitted that Igboho visited the oba way back in 2018 to reciprocate a similar one by the traditional ruler to the activist.

He said it was on that occasion at the Oluwo’s palace that the photograph of Igboho prostrating for the oba, now trending on social media, was taken.

“The news that Chief Sunday Adeyemo visited the Oluwo of Iwo, Oba Abdulrasheed Akanbi is not true,” he said.

“The 2018 picture was taken during a return visit after he (Oluwo) came to chief’s house.”

He insisted that Igboho has also not dropped his agitation for a Yoruba nation.

He said any claim to the contrary is a lie.

He promised to give a comprehensive response soon by way of an audio message.

Contacted last night on the reaction from Igboho’s camp, Oba Akanbi said: “It is only Igboho that can speak for himself now. Nobody can speak for him.

“If he wants to continue fighting the way he has been fighting, let him go ahead.

“If he wants his normal life back, let him go for peace. It is either he goes for peace or continues with ‘catch me if you can,’ with the DSS.

“The option is there for Igboho, but I won’t advise him to talk or say a word until peace is made.

“To return his life back to normal is my desire.

“Anybody that wants to lead the agitation can go ahead. It is Igboho that has something to protect. He has a life.

“He is our son, we won’t allow something bad to happen to him. He has a name.

“Sunday Igboho does not deal with some of those people who say they are speaking for him.

“Why didn’t you ask them when they spoke with Igboho?

“It is unfortunate that the majority of them are pushing him. They will just continue to push him until they kill him.

“To the extent that the DSS could claim responsibility that they attacked his house. They (DSS), said: ‘We went to Igboho’s house and we killed two people.’

“I think they just want to push him into trouble. Even before the current agitations, he was not poor. He was only misinformed and he has realised this.

“Did you hear anything from his mouth? Did you hear his voice disputing what I said?

“Government is beyond what they are seeing, what they are saying. Let them come out with where Igboho said this or that. Let them produce Igboho’s recording.

“I would advise Igboho not to say anything against the government. He should have his life to protect. He should keep quiet till we solve the present problem.

“Those people pushing him cannot do anything for him, rather when he gets into trouble, they will all run away and leave him to solve his problems.

“They have pushed him into trouble. He has a house, and he can’t go there.

“His wife is in trouble. His people are in a problem. His family members are in trouble.

“He is now running like a fugitive. He has been declared wanted. His passport has been seized.

“Those people pushing him, why can’t they come to the street and continue from where he stopped?

“Those who are speaking for him right now are not his closest aides.

“Some of them speaking for him are using him to make money.

“I told him that some of the people making noise were just pushing him. He did certain things that were beyond him, especially the idea of going to open the border. No government would allow that.

“Some of them are trying to justify their action by comparing Igboho with the bandits in the North. Do the bandits have a house? Do they have a name?

“Igboho has a house; he has exotic cars in his compound. He had been made a long time ago. Some of these people pushing him just want to make money.

“We will speak to the government to forgive him. This same government honoured MKO Abiola. Those who did bad things to Abiola did not honour him.

“Abiola was not on good terms with Buhari, yet it was the same Buhari that honoured him.

“The Igbo elders may not speak about Nnamdi Kanu and plead on his behalf and assure the government that they would tell him to stop some of the things he is doing.

“But we as Yoruba elders would not allow things to get worse. What we are doing right now is to find a way of getting him out of the trouble.

“He has a house, he can’t live in it. He has a car, he can’t ride it. His German passport has been seized.

“If the Igbo do not talk about the activities of Kanu, we would talk about our own before they start killing people in Yorubaland.

“Would you say how unknown gunmen have been killing people in the South East is good? Is that what we want in Yorubaland?

“We will draw his attention to it that ‘young man, where he is going is not good.

“I think the media hype entered Igboho’s head and those who are making money from the Diaspora are not telling him the truth.”

A Presidency source said only the Director of State Services (DSS), the Nigeria Police Force and the Attorney-General of the Federation, Mr. Abubakar Malami (SAN) could determine Igboho’s fate.

“The Oluwo is one of those who are supporting the government and offering advice from time to time. We have read what he wrote,” the source said.

“But only the DSS, the police and the AGF can determine how Igboho’s case will be treated. They can decide his fate.”

A security source said: “It will be difficult to adopt a different approach for Igboho. Before negotiation, he must first of all respect the law of the land by surrendering.

“He is promoting secession, which is treasonable. The question of peace talks is political. Let him honour security agencies’ summons before seeking refuge.

“Security agents recovered arms from his residence .We have some of his aides with us and they have made some revelations. He needs to come and clarify a few things.”

The Oluwo, in his Friday letter to President Buhari, pleaded for forgiveness for Igboho and asked that the order for his arrest be ‘slowed down’ to enable him (oba) bring him to Abuja for possible peace talks.

He was confident that Igboho would drop his agitation for the creation of a Yoruba nation.

“He has pledged his readiness to listen to us,” the Oluwo said.

He added: “I promise your Excellency that Igboho will mind his steps henceforth. He has suffered a lot.

“He would step down agitations. I will bring him for a peace talk at an appropriate time.”

“He visited my palace sometime in 2018. I give pieces of advice when sought. Instead of Igboho to distinctively differentiate between agitation towards government and inter groups activism, he failed.

“At a point, he abused stakeholders with spurious allegations. I was the first on the list for drumming support for one Nigeria.

“As a father, I’ve personally forgiven him. And I’m personally beseeching your Excellency as the number one citizen of the Federal Republic of Nigeria to demonstrate your magnanimity by forgiving our promising son, Chief Adeyemo Sunday Igboho.

“He is a novice in handling issues against the government. He is a gift to us in Yoruba. He has pledged his readiness to listen to us.

“I appeal to your Excellency to slow down security trail on Sunday Igboho. I have the assurance adhering to this piece will go a long way in strengthening the unity of Nigeria.

‘I promise your Excellency that Igboho will mind his steps henceforth. He has suffered a lot. He would step down agitations. I will bring him for a peace talk at an appropriate time.”

The DSS had said in a statement on the joint security raid of Igboho’s residence that two of his men were killed and 13 arrested during the early morning raid.

-The Nation.

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I Delivered $15m Agency Cash To Ex-NIMASA DG Akpobolokemi, EFCC Witness Tells Court

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A prosecution witness, Captain Ezekiel Bala-Agaba, testified in a Lagos Federal High Court on Thursday, that he personally delivered $15 million in cash to former NIMASA DG, Patrick Akpobolokemi.

The witness, Bala-Agaba, a former Executive Director of Maritime Safety, Shipping Development and Marine Operations at NIMASA, made the disclosure while testifying before Justice Ayokunle Faji of the Federal High Court in Lagos.

Captain Agaba, who appeared as the 15th prosecution witness, told the court that funds meant for pipeline surveillance were withdrawn from NIMASA’s accounts, converted into dollars, and handed over to Dr Akpobolokemi.

According to him, the money was taken to a Bureau de Change, which converted it into $15 million before the cash was delivered to the NIMASA office on Burma Road, Apapa, Lagos.

He said he subsequently took the money to the office of the then Director-General.

“The money was sent to a Bureau de Change, which later brought the dollar equivalent to our office at Burma Road, Apapa, Lagos. I asked my Personal Assistant, Ekene Nwakuche, to carry the bag and follow me to the Director-General’s office,” he told the court.

The witness explained that he collected the bag from his aide before entering the office.

“When we got to the door of the Director-General’s office, I collected the bag from him and asked him to wait outside. I then personally delivered the sum of $15 million to the Director-General.”

The witness was initially a defendant in the case but later opted to testify for the prosecution.

While being led in evidence by prosecuting counsel, Suleiman Suleiman, he explained the chain of command within NIMASA and how financial approvals were processed in the agency.

According to him, the Director-General is the overall head of the agency and issues instructions to directors, who then implement policies in line with the NIMASA Act.

He told the court that he chaired the agency’s Intelligence Committee, which was responsible for certain security-related operations.

“As chairman of the committee, I oversaw its activities and reported directly to the Director-General, Dr. Patrick Akpobolokemi,” he said.

During the proceedings, the witness was also shown a document containing a letter from Access Bank to the Economic and Financial Crimes Commission (EFCC) detailing transactions in NIMASA’s accounts between 2013 and 2015.

When asked how much money he took to the former Director-General, Agaba replied: “$15 million.”

After listening to the testimony, Justice Faji adjourned the matter until April 22 and 23 for cross-examination of the witness.

The EFCC had in December 2015 arraigned Dr. Akpobolokemi and seven others before the court on a 30-count charge bordering on conspiracy, fraudulent conversion of funds and money laundering.

Those charged alongside the former NIMASA boss include, Warredi Enisuoh, Governor Juan, Ugo Frederick, Timi Alari, as well as Alkenzo Limited and Penniel Engineering Services Limited.

They pleaded not guilty to the offences.

The anti-graft agency alleged that the defendants conspired to divert funds running into over N1.15 billion under the guise of providing security intelligence in Nigeria’s maritime domain.

According to the EFCC, the NIMASA Intelligence Committee allegedly received N1,153,000,000 between December 2013 and July 2015.

Investigations further revealed that several companies contracted to execute the intelligence operations were either unregistered or lacked the capacity to perform the services, while some were allegedly linked to the defendants.

The prosecution also alleged that the defendants nominated or owned many of the companies used to execute the contracts.

One of the charges stated that the defendants conspired to commit offences punishable under the Money Laundering (Prohibition) Act, 2012.

 

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CBN Bars Chronic Loan Defaulters from Accessing New Banking Services

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The Central Bank of Nigeria (CBN) has issued a directive to all financial institutions to immediately restrict certain banking services for large-ticket borrowers with non-performing loans (NPLs).

This move is aimed at strengthening credit discipline and protecting the stability of the Nigerian financial system following a rise in the industry’s NPL ratio to approximately 7%, exceeding the regulatory 5% threshold.

This order is specifically targeted at large-ticket obligors.

The CBN issued the directive in a circular to banks on Monday.

The latest instruction comes almost a week after the CBN asked financial institutions to stress test.

It is uncertain if the two directives are connected or what may have triggered the loan-related instruction, but the apex bank said it furthers its mandate to protect Nigeria’s financial system.

“In furtherance of its mandate to promote a sound financial system, protect depositors, and enhance prudential compliance within the banking sector, the Central Bank of Nigeria (CBN) hereby directs all banks to restrict non-performing large ticket obligors, whose activities pose systemic risk to the financial system, from accessing specified banking services,” the circular reads in part.

“Any large-ticket obligor with a non-performing facility recorded in the CRMS and/or any licensed private credit bureau shall not be granted additional credit facilities. For the purpose of this restriction, credit facilities include loans and other forms of direct credit.

“In addition, such obligors shall not be granted banking facilities or contingent liabilities such as bankers’ confirmations, letters of credit, performance bonds, or advance payment guarantees.”

 

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Makinde Only In PDP Because He’s Not Seeking Re-election – Otitoju

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Babajide Kolade-Otitoju, the Director of News at TVC News, recently stated that Oyo State Governor Seyi Makinde would likely have defected from the People’s Democratic Party (PDP) if he was still serving his first term.

Otitoju stated this on Friday on TVC’s ‘Breakfast Show’.

He described the National Convention of the Peoples Democratic Party, PDP, in Ibadan last November as a mere waste of time.

“People must show good judgment at a critical phase. What was the point of having that convention? Two courts told you not to go ahead but you went ahead.

“I may not be a fan of former Senate President Bukola Saraki but if he says something that makes sense, I will be the first to admit it. He made sense when he said let’s go for caretaker. What’s the point of not listening to him?

“Later you will be shouting that the ruling party is behind your crisis, meanwhile you are the architect of your own misfortunes. You created this problem.

“If Makinde were in his first term, he would have fled like the dancing governor because his second term would have been in danger,” Otitoju said.

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