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Femi Osibona Is VP Osinbajo Cousin – Dele Momodu Reveals More…

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Nigerian Journalist and businessman Dele Momodu has revealed in an opinion article titled ‘The Unsolvable Jigsaw of the Ikoyi Tragedy’, that Femi Osibona was VP Yemi Osinbajo cousin.

This online medium gathered that after the collapse of the building on Monday, 1st of November over 40 people have been reported dead including the owner of the building, Osibona.

In his article, Momodu explained that despite the fact that Osibona was a blood relative of the VP Osinbajo he never approached him for any contract or favours.

Momodu stated that Osibona was a very proud and determined man hence he did not like to ask for favors.
He said: “I had known Femi for over 20 years in London as an extremely gifted marketer. Femi’s tongue was honey-coated, and it was impossible not to like him.

“We lost touch after I ended exile and returned to Africa, but he soon traced me to Ghana, and he came visiting. He was so happy to reunite with me. He told me how God had blessed him mightily and had made him veer into real estate in London. Femi was a genius who made stupendous gains from regenerating ghetto neighbourhoods in East London. He regaled me with tales of his exploits in the property business.

”He promised to build the classiest residential apartments in Africa. He said he was out to prove there was nothing the multinational construction companies were doing that his company can’t do. I have never seen such a level of audacity, determination and tenacity. Fourscore was a visionary and a missionary when it came to seeking to excel and do as well as his international counterparts at home and abroad. He had competed in their space, in their countries before, with moderate successes and did not see any reason why he could not replicate the same and attain loftier heights in his home country.

“If he made any mistakes, it was probably that he overstretched himself, but he was such an ambitious man, full of faith. And certainly not the greedy avaricious person that his traducers now suggest he is. In our country, mistakes are never excused, forgiven or forgotten. When you fail, you’re a villain and outcast. When you succeed, you’re a hero, genius and superstar.

“It must be painstaking and thorough. Such investigations cannot last thirty days as being directed by the government; I foresee that any credible inquiry must take months of arduous diligent work. Various possibilities including negligence, sabotage and even natural or human causes such as the over-dredging occurring in that vicinity must be considered. Dead men tell no tales. They cannot defend themselves, but records and logic abound,

“Those making claims and allegations which are easily rumpled will soon be exposed. I’d known that In February 2020 the third block was at the beginning of the foundation stage and the other two blocks were merely a few storeys gone. It is interesting that nobody who had any misgivings reported such to the Regulators. I say no more, other than that it is always convenient to cast aspersions when it seems there is no potential for the reply.

“What I know is Fourscore was a self-made man who depended on no godfather. Despite being a cousin of the vice-president, Professor Yemi Osinbajo, he was too proud and self-reliant to approach the vice-president or anybody else for favours of that kind. He never sought for or got any government contracts. He relied on his own ability, marketing skills and funds.”

 

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Corruption Battle: Dangote Drags Ex-NMDPRA Boss To EFCC After ICPC Withdrawal

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Aliko Dangote, Chairman of Dangote Industries, through his legal representative, has formally submitted a corruption petition to the Economic and Financial Crimes Commission (EFCC) against Farouk Ahmed, the former Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

 

This was disclosed in a statement made available to our correspondent by the Dangote Group media team on Friday.

 

Recall that Dangote had earlier petitioned the Independent Corrupt Practices and Other Related Offences Commission to investigate Ahmed for allegedly spending $5 million on his children’s secondary education in Switzerland. He withdrew the petition a few days ago, even as the ICPC vowed to continue with its investigation.

 

The statement on Friday said Dangote’s petition to the EFCC followed “The withdrawal of the same petition from the Independent Corrupt Practices and Other Related Offences Commission, a strategic decision aimed at accelerating the prosecution process.”

 

In the petition, signed by Lead Counsel Dr O.J. Onoja, Dangote urged the EFCC to investigate allegations of abuse of office and corrupt enrichment against Ahmed, and to prosecute him if found culpable.

 

The petition further stated that Dangote would provide evidence to substantiate claims of financial misconduct and impunity.

 

“We make bold to state that the commission is strategically positioned, along with sister agencies, to prosecute financial crimes and corruption-related offences, and upon establishing a prima facie case, the courts do not hesitate to punish offenders. See Lawan v. F.R.N (2024) 12 NWLR (Pt. 1953) 501 and Shema v. F.R.N. (2018) 9 NWLR (Pt.1624) 337,” the petition read.

 

Onoja further urged the commission, under the leadership of Mr Olanipekun Olukoyede, “To investigate the complaint of abuse of office and corruption against Engr. Farouk Ahmed and to accordingly prosecute him if found wanting.”

 

 

 

 

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Rivers Assembly Reopens Impeachment Push Against Gov. Fubara, Deputy

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The Rivers State House of Assembly formally recommenced impeachment proceedings against Governor Siminalayi Fubara and his deputy, Prof. Ngozi Odu.

 

This marks the second time within ten months that the state legislature has initiated such a move.

 

At a plenary session presided over by the Speaker, Martins Amaewhule, the Majority Leader of the House, Major Jack, formally read the notice detailing allegations of gross misconduct against Governor Fubara.

 

The notice, which was endorsed by 26 lawmakers, accused the governor of actions allegedly in violation of the Nigerian Constitution.

 

Amaewhule announced that the notice would be served on the governor within the next seven days.

 

During the same sitting, the Deputy Majority Leader, Linda Stewart, read the notice of allegations and gross misconduct leveled against Deputy Governor Ngozi Oduh.

 

 

 

 

 

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Supreme Court: President Has Power To Declare Emergency Rule, Remove Elected Officials

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The Supreme Court has reaffirmed that the President holds the constitutional power to declare a state of emergency in any state where circumstances threaten public safety or governance.

According to the ruling, this authority may be exercised to prevent a serious breakdown of law and order or to stop conditions from deteriorating into chaos or anarchy.

The court emphasized that such powers are intended to safeguard national stability and ensure the continued functioning of democratic institutions when extraordinary situations arise.

It noted that emergency measures are justified only in exceptional cases where normal governance mechanisms are unable to effectively address escalating crises.

More details later…

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