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Goodluck Jonathan, Oshiomhole, Ezekwesili, Others Extol Capt Hosa As Children Launch NGO

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Goodluck Jonathan, Oshiomhole, Ezekwesili, Others Extol Capt Hosa As Children Launched Foundation In His Memory.

Prominent Nigerians across divide weekend poured encomium as they recalled the legacies of one of the nation’s greatest Philantropist and billionaire business mogul, late Capt Dr. Wells Idahosa Okunbo.

The event was at the maiden memorial lecture organized by the family of Capt Hosa at the luxurious Wells Carlton Hotels and Apartment, Asokoro, Abuja.

Former President Goodluck Jonathan in his key note address said that Captain Hosa as fondly called lived a life philanthropy and love for the needy was legendary and added one of his legacies that would Continue to endure is that he nurtured and mentored many to become responsible members of the society.

This came as his children led by the Olori Atuwatse III, wife of the Olu of Warri Kingdom, launched the Wells Hosa Okunbo Foundation

Jonathan who was the key note Speaker of the occasion spoke on the theme, ” Lasting Legacy: The key to Nigeria’s Development Issues?, Admonished the citizens not to give despite the hydra-headed challenges bedeviling country , but use the opportunity provided by the current political cycle to take decisions that would help renew hope, restore what had been lost and rebuild the country.

“As Nigerians get ready to be wooed at campaign grounds by various politicians seeking different offices, their thoughts should be beyond 2023, and about Nigeria and the kind of leadership it deserves now and in future to ensure that the country assumes its rightful place among the comity of nations.

He charged Nigerians to be circumspect in the exercise of their voting rights, shift from the “politics of bread and butter” and ensure that they do not elect leaders that would buy their conscience today and mortgage the future of their children and grandchildren.

“Our political leaders should worry about the depth of their footprints and the kind of legacies they are leaving behind. And I do not mean this to apply to only leaders at the national level. Those who also lead at various capacities in politics and business, be they councilors, council chairpersons, governors, lawmakers at both state and national levels as well as boardroom gurus should be bothered about the value of their leadership style,” he said.

Jonathan noted that the essence of leadership is to drive initiatives that seek to build sustainable societies and make the lives of the people better and more meaningful, and every political leader should, in a moment of introspection, spare a thought for the legacy he or she would leave behind.

“Captain lived a life of philanthropy. Although he achieved so much as a businessman and invested in big enterprises, he will perhaps be remembered more for his large heart, spirit of philanthropy and love for the needy,” he said, adding that one of his legacies that would continue to endure is that he nurtured and mentored many to become responsible members of the society.

Also, a former Minister of Education, Dr. Obiageli Ezekwesili urged politicians to develop the education sector, she lamented would continue to elude Nigeria and other African countries if the political class does not invest in education.

She said, “When you look at the parameters and issues in our country, especially the current data, it shows that the continent is in crisis and it has to deal with some of the things that the former President Jonathan said about society, It’s that nine out of every 10 Africans do not have the literacy and numeracy skills required of Children of their age in other parts of the world.

In his remarks, former governor of Edo State, Adams Oshiomhole, said Jonathan left a lasting legacy that set a pedestal for his successors.

He said, “Part of your legacy was when you launched the almajiri school and your thought was that no Nigerian child should be left on the street and also appropriated special funds.” he said.

Captain Hosa’s daughter, Olori Atuwase III, described her father as a visionary leader who believed in birthing initiatives that would outlive him, while impacting lives within the nation and beyond.

“My father was keen on investing his resources in people and ideas, many of which have grown into institutions. He left an indelible mark in his sphere of influence, starting with us his children, and in his hometown Benin City community, with his Alma Mata from past learning institutions, and I dare say in his country and beyond,” she said.

She announced the launch of the Wells Hosa Okunbo Foundation which she said is an expression of her father’s undying legacy, it will focus on Education, Entrepreneurship, Youth Empowerment and established primarily to consolidate and continue his passionate commitment to raising world changers in the core areas of education, entrepreneurship and youth empowerment in Nigeria.

“Through this outfit, we are determined to revolutionise the face of industrialisation in Africa and promote indigenous innovations that can boldly make a mark in the global space. The necessary systems for deployment are currently evolving and in the near future, we will be opening up opportunities for these expressions through access to funding,” she said.

The heir of Captain Hosa’s Family, Osahon Okunbo, in his welcome remark on behalf of the family thanked the guests for the show of love adding that they decided to hold the lecture to uphold the value of their departed father.

The lecture also featured panel discussants which includes founder, Sahara Energy, Tonye cole, Slum to School initiator, Otta orondaam and Vice President, Benson Idahosa University, Bishop Feb and anchored by founder and Managing Partner, Message Capital, Mrs Adesuwa Okunbo Rhodes.

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Maureen Badejo To Appear Before Federal High Court Tomorrow On Defamation, Cybercrime Charges

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Maureen Omorinola Badejo is scheduled to appear before the Federal High Court sitting in Ikoyi, Lagos, on February 20, 2026, following charges filed by the Inspector-General of Police over allegations bordering on defamation, cyberstalking, and related offences.

 

 

The charges arise from online publications made in November 2021, in which Ms. Badejo allegedly transmitted statements and videos on YouTube and Facebook concerning Apostle Johnson Suleman and his associate Dickson Omodiale Osajie.

 

 

According to the charge sheet, the prosecution alleges that:

 

Ms. Badejo conspired with others to publish defamatory content against Apostle Suleman.

 

She allegedly portrayed him as a cultist, rapist, assassin, ritualist, and other criminal labels, knowing the claims to be false.

 

She is accused of sending false messages via computer networks intended to cause annoyance, hatred, intimidation, and injury to reputation.

 

Additional allegations state that defamatory statements were also made against Mr. Dickson Osajie, claiming involvement in crimes such as rape and ritual killing.

 

Authorities further allege that the publications caused fear for safety and threatened bodily harm to the complainants.

The offences cited fall under provisions of the Criminal Code Act (Cap C38, Laws of the Federation of Nigeria, 2004) and the Cybercrimes (Prohibition, Prevention, etc.) Act, 2015.

 

The case follows a formal petition submitted to the Nigeria Police Force by Mr. Osajie, who alleged persistent cyberstalking, harassment, invasion of privacy, threats to life, and dissemination of false information affecting himself, Apostle Suleman, and their families.

Statement from Maureen Badejo

Ms. Badejo maintains her readiness to face the court and present her defense, expressing confidence in the Nigerian judicial system to ensure fairness and justice.

 

 

“I will appear in court as required and trust that the truth will prevail through due legal process,” she stated.

 

 

However Ms. Badejo is expected to be formally arraigned before the Federal High Court in Ikoyi, where the charges will be read and she will enter her plea.

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Rivers Assembly Suspends Impeachment Move Against Fubara After Tinubu’s Intervention

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The Rivers State House of Assembly has officially suspended impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Odu, following President Bola Tinubu’s intervention.

The House moved the motion to halt the impeachment process on Thursday at its resumed sitting in Port Harcourt, the state capital.

JomogNews had reported that during its first sitting of 2026, the House had begun impeachment proceedings against the governor and his deputy over allegations of gross misconduct, including the demolition of the State Assembly complex and alleged spending without legislative approval, among other claims.

More details later….

 

 

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Reserves Surge To $48.5bn As Nigeria Reclaims 2013 Peak Levels

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Nigeria’s foreign exchange (FX) reserves have reached $48.5 billion, their highest level in nearly 13 years.

This milestone, confirmed by data from the Central Bank of Nigeria (CBN), surpasses previous multi-year peaks and represents the strongest balance since May 14, 2013, when reserves stood at approximately $48.51 billion.

However, the data showed that the foreign reserves increased steadily by 6.45 percent or $2.94 billion year-to-date, from $45.56 billion reported on January 1 to $48.5 billion.

Further checks showed that the FX reserves figure was $48.36 billion on Monday.

According to the CBN, FX reserves are assets held on reserve by a monetary authority in foreign currencies, which are used to back liabilities and influence monetary policy.

On December 22, 2025, the apex bank projected that the country’s external reserves would rise to $51.04 billion in 2026, saying the increase will be supported by FX reforms.

“Reforms in the foreign exchange market are expected to sustain exchange rate stability, while external reserves are projected to increase to US$51.04 billion,” CBN said.

On February 10, Olayemi Cardoso, governor of CBN, said the bank will do “whatever it takes” to safeguard the value of the naira, while strengthening the country’s external reserves.

Looking ahead to 2030, he said the CBN’s targets include achieving single-digit inflation and growing foreign exchange (FX) reserves driven by non-oil exports, foreign direct investment, and diaspora remittances.

 

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