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Why I rode Molue in Lagos- Femi Otedola

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Billionaire Businessman and Chairman of Forte Oil, Mr Femi Otedola has revealed the real reason that he rode in a molue, the popular yellow buses in Lagos.

Speaking at the launch of three books by Ovation Publisher, Dele Momodu at the Nigeria Institute Of International Affairs (NIIA), Lagos, Mr. Otedola said he was motivated by two reasons.

According to him “Sometime back I had taken a ride on a bus in London, and when some people saw the pictures on my instagram page, they challenged me that I cannot dare do the same in Lagos, as a man who loves challenges, I decided to take it up. The other reason was that I really wanted to go down to the level of the real ordinary Nigerians and see how they commute and live their lives every day.

Senator Tokunbo Afikuyomi & Otunba Bimbo Ashiru

Mr. Dakuku Peterside & Bashorun Dele Momodu

“That ride from Sango Ota was very revealing for me. It exposed the poor state of our transport system and the fact that government has failed in many ways to help the people at the lowest end of the economic ladder. The experience will remain with me for long”

Also at the occasion, Mr Otedola  revealed his encounters with the late Bashorun MKO Abiola and how he made an attempt to free the late philanthropist from Prison.

In his words “My late father felt Chief Abiola would make a great president because of his deep wisdom, expansive heart and pan-Nigerian outlook.

Sir Gbenga Badejo & Sir Tony Chiejina

“A sad reminder of his arrest in 1994 was the picture of him alighting from a Black Maria. Upon seeing this, I called Ibrahim Abacha ( who later died in a plane crash) and requested to see him and we met at the South-West Ikoyi residence of Mr. Peter Igbinedion, the then MD of FAAN.

I told Ibrahim to tell his dad to release MKO as it was not fair for a man who has been denied his mandate to be so humiliated by being put in a Black Maria to which our host, Peter, interjected by saying who is this and he swiftly walked me out of his residence.

“I later ran into Mr. Igbinedion at Asiwaju Bola Tinubu’s London residence in 2013 and he was begging for my number. How the tables have turned!

“We witnessed a man who abandoned the worldly comforts his wealth assured and was transformed in the fight for his mandate, believed in it and died for it.

“I have studied Chief Abiola’s life in politics, philanthropy and most importantly building people and his doggedness, fairness, wisdom and good heart are traits that should be emulated. He was a man for all seasons”

Otedola also regaled the audience with real-life encounters with the late MKO especially how he had had teamed up with Segun Awolowo, current Executive Director/CEO, Nigeria Export Promotion Council (NEPC) to organize a concert.

” As a young entrepreneur I had a taste of Abiola’s magnanimity and kindness. I developed the idea for an Awolowo Memorial Concert which I shared with my good friend and papa Awolowo’s grandson, Segun who went to see Chief Abiola on our intention to have him as the chairman of the event and despite his political difference with Pa Awolowo in his lifetime, he not only showed up but arrived with his late wife, Alhaja Simbiat Abiola and they danced to the various artistes especially sir Shina Peters.
The highlight for Segun and I was the NGN100,000 cheque he gave us at the event. A huge amount back then and we admired it all the way to the bank.

“In 1991, I sold the idea to run for the governorship of Lagos state to my late father, Sir Michael Otedola and he dismissed it saying politics is not for Omoluabis and he also made a reference to the travails of Chief Abiola with the NPN leading to his much-publicized retirement from politics. After much persistence, I succeeded in getting him to run and the rest is history.

Bashorun Dele Momodu & Pastor Dotun Ojelabi

After my father’s victory at the polls and seeing the need to rest, the then governor of Lagos state, Brig. Gen. Raji Rasaki Rtd, advised him to rest for two weeks and restricted visits and provided the LASG Guest House by Joel Ogunnaike Road Ikeja for the purpose.

“After a week there, I went to see my late father after around 7.30am and lo and behold, I met Chief Abiola and Alhaja Simbiat waiting to see him in the living room and when he saw me, he said Great man, where is your daddy?
A great man referring to me as a great man struck a chord in me”

He also used the occasion to pour encomiums on Ovation Publisher, Dele Momodu.

The book launch was attended by the cream of Nigerian Society such as Aremo Olusegun Osoba, Pastor Tunde Bakare and wife, Alhaji Rasak Okoya, Mr Peter Obi, Former Governor of Anambra State, Hajia Bola Shagaya, Mrs. Modupe Oguntade (wife of NIgeria’s High Commissioner to Great Britain),  Mr Fola Adeola, Mr Jimi Agbaje, Engr Rotimi Fasakin, Dr Dakuku Peterside, Rev. Mother Esther Abimbola Ajayi, Oba Adedokun Abolarin, Olori Ladun Sijuwade,Senator Tokunbo Afikuyomi, Senator Ganiyu Solomon, Mallam Bolaji Abdulahi,Senator Musiliu Obanikoro, Chief Dayo Adeneye (representative of Ogun State Governor), Hon. Kehinde Bamgbetan (Representative of Lagos State Governor), Mr Andrew Okeleke ( Representative of Globacom Chairman, Dr Mike Adenuga Jnr.), Sir Tony Chiejina (Representative of Alhaji Aliko Dangote),  Mr Idowu Ajanaku, Habib Aruna, Pastor Dotun Ojelabi, Mrs. Betty Irabor, Dr Kayode Are and wife, Ngozi, Amb. Toye Okanlawon, Prince Damola Aderemi,  Richard Mofe-Damijo, Princess Toyin Kolade, Mrs. Oyinkan Badejo-Okusanya, Mrs. Toyin Seriki,  AIG Tunji Alapini (rtd), Mr. Kunle Bakare, Sir Gbenga Badejo, Ohimai Godwin-Amaize, Femi Akintunde-Johnson,Mr Abisoye Fagade, Mr Dayo Adedayo, Ms Joke Sogunro,  Dr Reuben Abati, Simon Kolawole, Segun Adeniyi, Chief Donatus Okonkwo, Mr Biodun Fari, Ms Ijeoma Nwogwugwu, Azuh Arinze, Biodun Oshinibosi, Mr. Lekan Owoduni, Tope Fasua, Alistair Soyode, Omolara Wood, Mrs Toun Okewale-Sonaiya, Wale Oluwaleimu, Mr.  Mayor Akinpelu, Mr. Tito Okpaise, Mr. Gboyega Okegbenro, Mr. Mr. Gbenga Olunloyo, Biodun Ponle, Messrs Lanre and Kayode Alfred, Ms Kemi Akinyemi, Chris Kehinde Nwandu, Ms Azuka Ogujuiba, Mr Adewale Jafojo and members of the Abiola Family

While Gbenga Adeyinka 1st was compere, Shuga band provided light music. Tastee Fried Chicken, Saheeto and De Potters were in charge of refreshments.

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Tinubu, Victim of Historical Amnesia – Atiku

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By Eric Elezuo

True to political permutations, the National Convention of the opposition African Democratic Congress (ADC) amid Independent National Electoral Commission (INEC) derecognition and leadership litigation, set a chain reaction in the political space, including a former Vice President and one of the leaders of the ADC, Alhaji Atiku Abubakar, berating President Bola Tinubu as lacking a good knowledge of history.

Against all odds, the party went ahead on April 14, to host a Convention, where over 3000 delegates attended, and where the leadership of Senator David Mark and Ogbeni Rauf Aregbesola as National Chairman and National Secretary respectively were ratified.

Since the April 14 event, the ruling All Progressives Congress (APC) has reacted in a manner political stakeholders and analysts categorized as panicky with statements from the presidency, and President Bola Tinubu himself. Though these responses were tagged correctional of ill-made utterances by ADC chieftains, observers have however said they portray comments by a team faced with an ultimately new challenge.

At the convention, the secretary of the ADC, Aregbesola, had dismissed Tinubu’s administration and his renewed hope policy as a scam. He lambasted the administration as a government of “scammers”, urging Nigerians to block it from retaining power in 2027.

“If allowed, this regime will continue to chant renewed hope till eternity. We have a duty to stop these scammers from retaining power,” Aregbesola said.

The former vice president followed up the convention statements, accusing Tinubu’s presidency of attempting to subvert democratic principles and silence opposition voices ahead of the 2027 elections, a position that further set the ruling party on edge, eliciting tons of reactions.

Beyond Presidential spokesman, Bayo Onanuga’s criticism of Aregbesola for failing to reflect on his own record before attacking his “former boss and benefactor”, Tinubu himself made remarks against the person’s of the leaders of the ADC and their convention, calling it ‘street convention’.

“Unfortunately, Aregbesola did not undertake any honest self-reflection on his own record in public office — as governor or as Minister of Interior,” Onanuga stated in his statement.

He alleged that Aregbesola’s tenure as governor of Osun State was marked by hardship and poor economic management.

“His eight years as governor of Osun State were characterised by unmitigated hardship for the people. Under his half-baked socialist policies, civil servants went unpaid for months, and those who were paid received only a fraction of their salaries,” Onanuga said.

Tinubu, on his part, while hosting the Hope Renewal Ambassadors, took a swipe at some opposition figures, especially Atiku, ridiculing and questioning their records for criticising his administration, and saying that many of them have held strategic positions in the past without delivering lasting results.

He boldly retorted that “If you look at one of them, no one without history among them – no one without history. The head was the chairman of the privatisation council of Nigeria in this country one time.

“He privatised the steel industry in Delta. Is it working today? No. Is anything they privatised working today? They want to privatise another man’s political party. That one says no.”

Responding therefore, the former Vice President launched a fierce counterattack on Tinubu, accusing him of hypocrisy, historical distortion, and political desperation.

In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku described the President’s remarks as a “reckless tirade” that reflects “a troubling pattern of hypocrisy and historical amnesia.”

The statement began with “Atiku Abubakar’s attention has been drawn to the latest reckless tirade by President Bola Ahmed Tinubu—a performance that exposes not just desperation, but a troubling pattern of hypocrisy and historical amnesia.”

Atiku expressed surprise that a leader facing persistent scrutiny over his own credentials would attempt to discredit others with what he described as well-documented records of public service.

On the issue of privatisation, Atiku’s camp argued that Tinubu’s criticism does not stand up to scrutiny, noting that the President had previously opposed reforms he now appears to be implementing.

The statement maintained that Atiku had long advocated the privatisation of the Nigerian National Petroleum Corporation (NNPC) and the sale of refineries to credible private investors—a position it claimed Tinubu resisted at the time.

It, however, alleged that the current administration is now overseeing a system that has effectively commercialised the national oil company “without transparency, clear valuation, or accountability.”

“This is not reform; it is privatisation without accountability,” the statement said.

Defending Atiku’s economic legacy, the statement cited several companies as examples of the success of the privatisation programme he supervised, including Oando Plc (formerly Unipetrol), Conoil Plc, African Petroleum (now Ardova Plc), Indorama Eleme Petrochemicals, Benue Cement Company, and Transcorp Hilton Abuja.

The statement also took a swipe at the President’s intellectual posture, suggesting that his comments reflect a failure to engage with documented history on Nigeria’s economic reforms.

“It is not our fault that the President does not and cannot read,” the statement said, while also referencing past controversies surrounding Tinubu’s academic records.

It added that Tinubu’s remarks could only have been made in disregard of publicly available records and credible accounts of the privatisation process.

“You cannot oppose reform when it demands courage and then execute a shadow version of it in power,” the statement added.

Atiku’s camp further criticised the tone of the President’s remarks, arguing that resorting to mockery reflects a deeper leadership concern.

“The President’s attempt to reduce a serious economic legacy to ridicule underscores a leadership more comfortable with insults than with facts,” it stated.

The statement also highlighted the current economic situation in the country, pointing to rising cost of living, inflation, and insecurity as evidence of policy failure.

“Across the country, families are skipping meals, businesses are shutting down, and citizens are struggling under the weight of inflation and declining purchasing power. What has been presented as reform has translated into hardship without relief,” it said.

The statement concluded by asserting that Atiku’s record remains “clear, documented, and defensible,” while noting that unresolved public concerns about the President’s background persist.

“A leader who has not fully addressed questions about his own background should exercise restraint before casting aspersions on others,” it added.

The statement ended with a cautionary note: “Nigerians are watching.”

While the ADC is fighting for their life, and an opportunity to feature on the ballot during the 2027 general elections, and APC solidifying their grip on the political space, the atmosphere still exudes evidence of palpable tension. The APC maintains that they are on homerun to victory, ADC counters that nothing will save the ruling party from being defeated in the coming elections.

But as it stands today, both parties are locked in battle of wits recreating the tension and bad blood that was the hallmark of the 2015, and to a large extent, the 2023 elections.

But on April 22, the Supreme Court will rule on the leadership of the ADC; this will set the motion to the credibility of the ADC to participate in the 2027 election.

But fears pervade the political terrain as Tinubu made veiled reference to the judiciary while mocking Atiku and other leaders of the ADC.

“We cannot submit to the disobedience of unlawful orders in court. We must embrace the judiciary, whether it favours us or it doesn’t, we submit to this principle of democracy, separation of powers and understanding of the dynamics of it and the nation that Nigeria is,” Tinubu had said, insinuating that the ADC had gone against the judiciary.

The coming week will determine in totality the direction the 2027 situation will take.

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Supreme Court Fixes April 22 for Hearing in ADC Leadership Crisis

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The Supreme Court has scheduled hearing for April 22 in the appeal filed by the National Chairman of the African Democratic Congress (ADC), Senator David Mark, in relation to the leadership dispute in the party.

Mark’s appeal is against the March 12 judgment of the Court of Appeal, which dismissed his appeal against the September 4, 2025 ruling by Justice Emeka Nwite of the Federal High Court in Abuja refusing to grant some injunctive reliefs contained in an ex-parte application filed by a chieftain of the party, Nafiu Bala Gombe.

A five-member panel of the Supreme Court, led by Justice Mohammed Garba chose the date on Tuesday after granting accelerated hearing in the appeal marked:  SC/CV/180/2026.

The court ordered Mark’s lawyer, Jibril Okutepa (SAN) to file the appellant’s brief and serve on Wednesday.

It ordered the respondents to each file and serve on the appellant, a respondent’s brief within three days of being served with the appellant’s brief.

The appellant, according to the court, is to file a reply brief, if needs be, within one day of being served with the respondents’ briefs.

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Amid Denials, ADC Reportedly Secures Rainbow Event Centre As Venue for National Convention

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Baring any last minute change, the leadership of the African Democratic Congress (ADC) under Senator David Mark and Rauf Aregbesola as National chairman and National Secretary respectively will hold the party’s National convention at the National Rainbow Event Centre in Garki on Tuesday, 14 April 2026.

The African Democratic Congress (ADC)  has being denied two venues without any cogent reasons despite early arrangements, according to sources.

First, it was alleged that the Abuja Transcorp Hilton Hotels, which was initially approached, turned down the ADC request to use it’s facility.

The ADC, having sensed sabotage, has kept the Rainbow Event Center under rap as it’s definite venue.

The last National Executive Committee (NEC) of the party was held at the same venue.

Located adjacent the Nigerian Police Force Headquarters, the event centre will host the second NEC meeting of the ADC and it’s forthcoming national convention.

According to The Guardian’ report, the ADC leadership has communicated the venue to state chapters with the caveat not to escalate it.

The ADC is in a battle of survival against the Independent National Electoral Commission (INEC) and has approached the Supreme Court for intervention.

The INEC national chairman Prof Joash Amupitan has suspended recognition of the David Mark-led ADC rendering a leadership vacuum in the party.

INEC said it’s decision was on the basis of an Appeal Court pronouncement that ordered statusquo ante-bellum be maintained.

Sources said the ADC has officially written the Inspector General of Police (IGP) Olatunji Disu for police protection, the Director of State Services and the Comptroller of Civil Defence Corps.

Reports say that why the venue is being quietly decorated moderately for the event, the ADC intends to fully move in the early hours of Tuesday.

The Guardian

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