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EFCC vs Fayose: What happened in court on Tuesday

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A Federal High Court in Lagos has fixed June 28 for re-arraignment of former Governor of Ekiti State, Ayodele Fayose, facing charges of N6.9billion fraud.

Fayose was arraigned on Oct. 22. 2018, before Justice Mojisola Olatotegun, alongside a company, Spotless Investment Ltd, on 11 counts bordering on fraud and money laundering offences.

He had pleaded not guilty to the charge and was granted bail on Oct. 24, 2018, in the sum of N50 million with sureties in like sum.

The prosecution had opened trial on Nov. 19, 2018, and had so far called 13 witnesses out of the 15 listed.

A new date of June 28 has now been fixed for re-arraignment of Fayose before Aneke, NAN reports.

The CJ’s letter of transfer had read as follows:

“It is apparent that the prosecution has lost confidence in the judge trying this case and justice must not only be done but must be seen to have been done, I hereby transfer this case to Hon. Justice C. J. Aneke for hearing,”

Recall that on March 20, a drama had ensued in court midway into trial, between the trial judge, (Olatotegun) and EFCC counsel, Mr Rotimi Jacobs (SAN).

The judge had raised concerns on the manner of prosecution by counsel, and had noted that the prosecutor, was not doing a good job, adding that he was not competent to evaluate the court’s ruling.

On his part, the prosecutor (Jacobs) had expressed displeasure at the rebuke from the court, on the grounds that hr had always dispensed his duties diligently, and had never been so derogated by any court.

Meanwhile, during the last proceedings of May 10, a 13th prosecution witness, Mr Adewale Aladegbola, a former driver of a billion van, had given evidences which the prosecutor described as being contrary to his extra judicial statement to the commission.

Flowing from that premise, the prosecutor had then informed the court that his witness appeared “hostile” and had then urged the court to adjourn the case to enable him make necessary application on the situation.

But, before trial could resume before Olatotegun, the transfer of the case had already been communicated to the court.

During trial before Olatoregun. the prosecution had called witnesses, from Zenith Bank, Diamond Bank, as well as a former Minister of State for Defence , Sen. Musiliu Obanikoro.

According to the charge, on June 17, 2014, Fayose and Agbele were said to have taken possession of the sum of N1.2 billion, for purposes of funding his gubernatorial election campaign in Ekiti State, which sum they reasonably ought to have known formed part of crime proceeds.

Fayose was alleged to have received a cash payment of the sum of five million dollars, (about N1.8 billion) from the then Minister of State for Defence, Sen. Musiliu Obanikoro, without going through any financial institution and which sum exceeded the amount allowed by law.

He was also alleged to have retained the sum of N300 million in his bank account and took control of the aggregate sums of about N622 million which sum he ought to have known formed part of crime proceeds.

Fayose was alleged to have procured De Privateer Ltd and Still Earth Ltd, to retain in their bank accounts, the aggregate sums of N851 million which they reasonably ought to have known formed part of crime proceeds.

Besides, the accused was alleged to have used the aggregate sums of about N1.6 billion to acquire properties in Lagos and Abuja, which sums he reasonably ought to have known formed part of crime proceeds.

The accused was also alleged to have used the sum of N200 million, to acquire a property in Abuja, in the name of his elder sister Moji Oladeji, which sum he ought to know also forms crime proceeds.

The offence, the EFCC said contravened the provisions of sections 15(1), 15 (2), 15 (3), 16(2)(b), 16 (d), and 18 (c) of the Money Laundering Prohibition Act 2011.

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Elections

Era of Nationwide Fuel Queues Has Come to An End, Says Dangote

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President of Dangote Group, Alhaji Aliko Dangote has assured Nigerians that the era of nationwide fuel queues has come to an end.

He, therefore, pledged uninterrupted petrol supply during yuletide period and beyond.

Addressing newsmen on Friday after a close-door meeting with President Bola Tinubu at the State House, Abuja, Dangote stressed:

“Historically, Nigeria has battled fuel queues since 1972. For the first time, we are eliminating those queues, not through imports but by producing locally. Even when we were servicing the refinery, there were no queues. I can assure you that queues are now history”.

He disclosed that Dangote Refinery has formally notified the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of its readiness to deliver 50 million litres of Premium Motor Spirit (PMS) daily, far above national consumption.

Dangote stated that the refinery will soon produce surplus volumes, adding that by February it will supply 15–20 million litres more than Nigeria needs.

This, he said, will allow exports to neighbouring countries, reducing the incidence of fuel scarcity across West Africa.

He also disclosed that domestic manufacturers, especially in the plastics industry, will now enjoy reliable access to locally produced feedstock, ending years of reliance on imports estimated at $400 million annually.

On way forward, Dangote announced an expansion programme that will raise the refinery capacity to 1.4 million barrels per day by 2028, surpassing India’s Reliance refinery, the world’s largest, at 1.25 million barrels per day.

His words: “But going forward, what do we really want to do? What we are going to do by 2028 we are going to take this refinery to the largest refinery in the world we’re going to beat reliance. Reliance is 1.25 million barrels per day, we will be at 1.4 million barrels per day. We have already launched that we have signed, and we’re going to start piling for the refinery by January, before January ending, and it will be delivered on time.”

The renowned industrialist also revealed plans to scale up the company’s urea production to 12 million tonnes annually, positioning Nigeria to overtake Russia and Qatar as the world’s leading producer.

“Our goal is to use our fertilizer company to supply the entire African continent,” he said.

Commenting on recent declines in petrol and diesel prices, Dangote attributed the trend to increased competition and a reduction in smuggling.

“Prices are going down because we must compete with imports. Luckily, smuggling has dropped significantly, though not completely”.

He stressed that the refinery business is a long-term national investment, saying “we’re not here to recover $20 billion overnight. The legacy I want to leave is that whatever Nigerians need, fuel, fertilizer, power, we will be part of delivering it.”

Dangote further highlighted logistics constraints affecting Nigeria’s solid minerals sector, particularly the congestion of major ports.

“Apapa is full. Tin Can is full. Lekki is mainly for containers. You cannot export coal or copper if you have nowhere to ship from,” he noted.

To address this, he said the Group is developing what would become West Africa’s largest deep-sea port at Olokola, expected to be completed in two-and-a-half years.

He expressed support for the Tinubu administration’s naira-for-crude initiative, describing it as a patriotic move to strengthen the economy, although he acknowledged pushback from international oil companies.

“It’s a teething problem, but it will be resolved, either through legislation or administrative action,” he said.

On concerns about global competition, Dangote maintained that the refinery will thrive.

“What we want is to make Nigeria the refining hub of Africa. All African countries import fuel. We want what we consume to be produced here”.

He also endorsed the government’s Nigeria-first industrial policy and urged wealthy Nigerians to channel resources into productive investment rather than luxury spending.

“If you have money for a private jet, invest in industries and create jobs,” he said, adding that domestic investors must drive industrialization to attract foreign capital.

Dangote acknowledged past hurdles, policy instability, smuggling, and factory closures, but expressed optimism that the country is now on a stable path toward sustainable industrial growth.

“Domestic investors must lead the way. Once they do, foreign investors will follow. Nobody advertises a good restaurant; when the food is good, word spreads,” he said.

He described his meeting with President Tinubu as a routine consultation on the economy and business environment, noting that it was “a very fruitful meeting.”

AriseNews

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Elections

Christian Leaders Endorse Atiku for President

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United Christian Leaders Eagle Eye Forum have endorsed the presidential candidate of Peoples Democratic Party (PDP), Atiku Abubakar, for the February 25 election.

According to the National cordinator of the group, Pastor Aminchi Habu, the Christian leaders believe in Atiku’s ability to make the right choice and decisions that will catapul and ensure a brighter, colourful and better future for nigerians.

Speaking on behalf of the Christian leaders, Pastor Habu said; “ Your Excellency our president in waiting, we as a forum and religious fathers are pleading with you as the great democracy defender of Africa, we see you as the political pilot that will fly Nigeria to its promise land.

“We see you as the political architect that will redesign and take Nigeria to a glorious future and political doctor of our nation who have the prescribed drugs that will heal Nigeria of all it security and societal hill.”

The religious leaders urged Mr Atiku and PDP at large to prove to Christian leaders and Nigerians at large that the support and trust bestowed on him is the right choice.

“We all will look back one day to February 25th 2023 smiling knowing that we made the right and best decision for this Nation by voting the PDP”, Pastor Habu added.

Responding to the endorsement of the Christian group, Dele Momodu, who is the Director of strategic communication of the PDP PCC, said the decision of the group to back Mr Atiku was the best decision they have made for Nigerians and themselves.

Mr Momodu added; “Alhaji Atiku is the most experienced, detribalized candidate. Christ is one. We are extremely grateful for this endorsement and support. We cannot shy away from enthroning good government.

“What we need the most are your prayers and I assure you that Atiku will win the 2023 elections.“

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Boss Picks

Why I Want To Be Chairman of Kosofe LGA – Lanre Oladunjoye

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Lanre Oladunjoye, a member of the All Progressives Congress (APC) has lived in Kosofe Local Government for almost all his adult life and knows the area like the back of his hand, the University of Lagos Masters Degree who currently serves as the Supervisor for Education in the LGA want to be the Chairman. He believes he has the experience and the expertise to serve with distinction of given the opportunity at the forth-coming LG Polls.

Tell us about Kosofe?

Kosofe as you know, is one of the 20 local governments in Lagos state. Although created in 1980, Kosofe was recreated and birthed on Nov 27th 1996 as an entity in line with the federal government policy for bringing local government to the people.

Kosofe is an interconnecting hub bounded by three local governments namely; Ikeja, Ikorodu and Somolu. It shares a boundary with Ogun state, on the Isheri end with a land mass of 18 square Kilometers. Kosofe Local government is under the Lagos East Senatorial District. It’s also made up of seven wards, namely, Ogudu, Ojota, Maryland, Anthony, Gbagada, Oworo 1, and Oworo 2.

What is your impression of Kosofe?

Kosofe meaning “Ko Si Ofe” Yoruba for “Nothing is free” finds its strength from its multicultural, cosmopolitan base. It is home to all. It is the road transportation gateway of Lagos connecting the hinter lands across Nigeria. Kosofe is a bustling commercial hub that never goes to sleep, from provision of agricultural products, to offering basic services, to access to retail outlets, and hospitality establishment, name it, there is always something for everyone.

The eastern part of kosofe has an extensive reach to the Lagos Lagoon by about 2km, which makes Kosofe a key stake holding entity in the Lagos state water ways master plan. The opportunities that lies here are vast and varying.

Why do you want to become Chairman?

I have always been driven by the passion to serve humanity. From my tender age I have always wondered what it would be to take responsibility and be the change agent, that man that will change the status quo in totality.

I have often asked myself, what does it really take to impact our society and bring the dividends of democracy closer to the people.? Barack Obama once said “We are the change that we seek”. What this simply means is that, if we do not put ourselves forward to serve, we might be doing ourselves and indeed our people a disservice. I have decided to put myself forward to offer service to humanity. So help me God.

What activities have you carried out in the past?

With God’s grace I am the Founder and key initiator of the Oluwaninshola Cup series, a non- profit initiative created over a decade ago using sports as a veritable tool for youth development, growth and harmony. Our major objective continues to be to strengthen communities by creating an environment for the positive engagement of youths through sports in Kosofe Local Government Council. This platform has also been a pivot for youths to start sporting careers in foreign clubs.

Over the last couple of years, I have served as a mentor to several youths in the Kosofe Local Government Council, helping them to start businesses and also nurturing them through the challenging landscape of entrepreneurship. As an advocate for Public-Private Partnerships (PPP), I have been able to mobilize the interest of notable public makers and private sector partners who see sports as a vehicle to engage youths positively.

Youth engagement and employment are critical factors that plague the state and by extension any LGA, do you have specific plans for them?

My key plans towards youth engagement and opportunities would be implementing the “ISHESI” developmental action plan geared towards community engagement, growth and development particularly in the areas of women and youth’s empowerment.

Tell us about yourself?

As you well know, my name is Olanrewaju Musbau Oladunjoye popularly known as “Omo Oloore”. I am a devoted Muslim born on the 3rd of October 1981 in Epe, Lagos state. I am a Bachelor and Masters degree holder in Philosophy from the University of Lagos, currently running a doctoral degree programme in philosophy at the same university.

I am an entrepreneur, business consultant, and politician who has a deep passion in helping others to harness their inner potentials towards impacting their respective communities and also the society at large. I have a keen interest in playing and watching football, traveling, tourism, fine arts, culinary arts and loves to meet people for networking and knowledge exchange purposes. I am married to the most beautiful woman on planet earth and blessed with three lovely children.

Have you held any political position before? What was your role and impact?

Following my selfless strides towards grassroots political growth and development, I was appointed as the Supervisor of Education for Kosofe Local Government Council , a position I currently hold under the leadership of Hon. Afolabi Babatunde Sofola, the Chairman Kosofe Local Government.

Last year was terrible for Kosofe as you lost two political leaders, Senator Bayo Oshinowo (Pepper) and Hon. Tunde Braimoh, how close were you to these men?

Senator Oshinowo was not an only a political mentor to me, but he also played the role of a father to me. Hon. Tunde Braimoh was also one of my political advisor and coach. You are right Kosofe lost two political giants but luckily, those of us they left behind have been well groomed to carry the torch with pride.

How would their passing affect the political dynamics of Kosofe?

Their legacies live on as a guide in our everyday political drive, aspirations, affiliation, and associations.

I know you are a grassroots mobilizer, is this why you want a shot at the chairmanship?

My pursuit for the Chairmanship is deepened by my desire and passion towards the growth and development of Kosofe as a whole, with utmost focus on improving welfare, safety and security of the citizen’s and visitors of Kosofe. It is based on my original commitment to serve, give back to the people and impact the society.

How ready are you for the task ahead since LASEIC has fixed dates for the LG polls?

Prior to LASEIC fixing a date for the LG poll, my team and I have been putting structures and plans in place towards this with the hope of serving the people of Kosofe by grace of the Almighty God.

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