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Pendulum: Femi Otedola and His Five Billion Naira Donation 

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By Dele Momodu

Fellow Nigerians, let me say it has been a particularly hectic month for me. I have had to juggle a lot of things including pursuing my Fellowship, dealing with the business affairs of the Ovation Group, private media work, writing columns, charity work and attending a variety of functions and events. This has necessitated my travel between Oxford, Ghana, Rwanda, Germany, Amsterdam and Nigeria. I now totally understand what Chief Moshood Abiola meant by his popular saying “the bigger the head, the bigger the headache…”
To succeed in life, especially if you were accidentally born into a humble family and not a silver-spoon background, you must work like work is going out of fashion. To quote Chief Abiola again, “hard work is prayer in action…” It is difficult, if not impossible, to find a successful man who just sat at home doing nothing! Even winning the pools or lottery requires some effort, albeit a lot of luck.
The story of my life continues to be like a fairytale. I get invited to so many events and places practically every week. I’m hardly able to honor up to 20 percent of requests for my personal attention and presence. For me, it is a great honor and privilege to receive invitations from everyone including certain friends and distinguished personalities, especially those who have also supported my dreams over time. I do not discriminate between my friends. I find each is unique and distinct in his or her own way. I cherish everyone of them irrespective of background, wealth or lifestyle. As they say, to whom much is given, much is also expected, and such was my situation, and dilemma, these past couple of weeks.
Recently, I received a message from my friend’s daughter, Florence Ifeoluwa Otedola, asking if I would be able to join at the launch of her Cuppy Foundation, on November 10, dovetailing into her birthday at midnight, on November 11, 2019. My God, I thought aloud, how could I ever say NO to a young lady I have come to like so much and admire for certain sterling qualities, and several reasons including her humility, warmth and charm.
I was present when she launched her musical career as well as celebrated her birthday and graduation in a gala of triple festivities, five years ago, at The Mandarin, a premium class luxury hotel, in Knightsbridge, London, a stone throw from her dad Femi Otedola’s historic home, where Dodi Fayed and Princess Diana once bonked before their controversial deaths. But that is another story for another day. Femi has always been a man of great charisma and style. Even when he didn’t command and control the kind of stupendous wealth it has pleased God to bless him with today, he was known generally as a man of impeccable taste and sartorial elegance. His adorable wife, Nana, has remained a paragon of beauty since those days, when I used to visit them in Ilupeju, Lagos, before the deluge of cash flooded in, like an angry hurricane. So I was not surprised that their children took after them in the area of exotic lifestyles and vocations. It is remarkable, and a sign of the great spirit that Femi has, that he has supported his children as they take on careers in the arts and entertainment. He is not the typical stereotyped Dad who would frown or smirk at the prospect of his children turning their noses up at formal careers in law, accountancy, medicine or pharmacy. He has not just been financially supportive, he had thrown himself wholeheartedly into the genre they have chosen and assisted and boosted others like them.
On that occasion, five years ago, I saw first hand Ife’s passion for music and entertainment. DJ Cuppy, as her moniker goes, was all set and ready to explode on the music stage and prove cynics wrong about being a spoilt brat, which was never the case. Her humble spirit totally disarms you on first contact, garnished with her infectious smiles. Cuppy smiles so much that you would forever wonder if she ever frowns.
Thus you can imagine why I instinctively said yes, instantly, without even thinking or checking my diary or itinerary. Beyond family ties, Cuppy has been totally supportive of The Ovation Carol annual event we host, for the past few years. She might say “I’m sorry Uncle Dele, I’m likely to come a bit late but I will certainly make it” and she’s never failed to join us and perform in her inimitable style. And she’s grown very big in her trade over the years maturing into her status not only as a much sought after world class DJ but also a delectable, tuneful and soulful musician with a glittering career ahead of her. How on earth would I ever say NO to Cuppy!
Again, to Femi Otedola, the enigmatic but gregarious gentleman himself whom I have known for close to 30 years, starting from our days of rocking the phenomenal music of Sir Shina Peters with many other friends. From those days at Surulere, Femi has grown in leaps and bounds. His has been a meteoric rise to wealth and stardom. But you must give it to him that he never forgot his old friends. Every now and then, he would check on you and even support you in your days of tribulations and triumphs. He has been very kind to me. The easiest way to get me hooked is by supporting my hustle and this Femi has done relentlessly by patronising Ovation International magazine loyally. When I launched my books last year, Femi did not stay with us from the beginning to the end, he bought hundreds of copies and he’s been gifting them to many of our mutual friends. Femi has greatly inspired my affable son, Eniafe Momodu, a photojournalist, speaker and wordsmith, even hosting him at home.
About two weeks ago, Femi sent me a WhatsApp message requesting for our full address, to be doubly sure, since he’s visited me at The Penthouse before. I immediately responded and he told me he was sending me Cuppy’s invitation card. That was the last straw that broke the camel’s back. For sure, there was no going back on my promise to Cuppy now that her Dad had also reached out personally and frontally. I crossed the Rubicon.
However, I soon discovered one major obstacle. I had assumed the event was going to be in Lagos until I suddenly realised it will take place in Abuja. Cuppy’s event clearly clashed with our Editor, Michael Effiong James’ investiture as a Rotary District President which was at Ikeja Sheraton, as well as his 50th birthday on the 11th of November, just like Cuppy’s. Since I do not own a private jet, how would I get to Abuja same evening? I had no ready answer but I knew I would have to perform the miracle of Jesus Christ by turning water into wine and by developing wings and flying like an Angel towards Abuja.
My confusion was so monumental but I was determined to crack the nuts and bend the irons with bare hands, if need be! Our Editor’s event was billed to start at 2.00pm and Cuppy’s at 7.00pm. Knowing Nigeria reasonably well, I added one to two additional hours to waiting time, meaning the Ikeja event may start at around 4.00pm. I figured that I must immediately find a flight around 6.00pm-7.00pm to Abuja. I left nothing to chance. Everything was meticulously planned and assiduously executed. Neither Michael nor Femi would ever forgive me, if I failed in this mission.
Fortunately, my office said they found a 7.00pm flight on Arik, meaning I could leave Sheraton at 6.00pm and get to Murtala Muhammed Domestic Airport well before my flight departs. That was how God opened his doors of favours and my best friend, Adedamola Aderemi, who as a Director of Ovation would not miss Michael’s event,  and who had also been invited to Cuppy’s event, finally boarded the Arik flight and landed in Abuja at some minutes past 8.00pm. We had both booked our dear Transcorp Hilton for our accommodation since the show was taking place there and we are Diamond members (I am a proud lifetime Hilton Diamond member). We just managed to quickly freshen up before rushing down to the venue of the great event.
The whole space at the banquet hall was totally filled up by guests, artistes, government officials, led by The Vice President, Professor Yemi Osinbajo, State Governors, Ministers, legislators, top journalists, past leaders at both executive and legislative levels, captains of industry and many others. It was such a magnificent and colorful affair. It was televised live by Ayo Animasahun’s wave-making HIP TV. Above all, most of the top echelon of Save the Children, UK, one of the biggest children charities in the world, which has The Princess Royal, Princess Anne as a Patron. Leading the team were Kevin Watkins, the Chief Executuve and Dianna Melrose a member of the Board of Trustees. Cuppy herself is a Save the Children Ambassador and a feature film on her harrowing visit to the Internally Displaced Person (IDP) camp in Maiduguri was shown. Cuppy has adopted the camp as her main charitable and philanthropic project with the able support and endorsement of Save the Children, UK.
The high point of the event was when Tolani, Femi’s first daughter, came on stage and announced a donation of an unprecedented sum of 5 billion Naira to Save the Children UK for use in the Maiduguri IDP. His close friend and ally, Aliko Dangote, had earlier weighed in with a donation of N100 million to the same cause. Needless to say, the top brass were gushing and effusive in their praise for Femi and Cuppy as they acknowledged that the stupendous sum had already been transferred to them.
Social media ignited fire with automatic alacrity. Most people were touched by this remarkable act of benevolence, graciousness and Femi got a standing ovation for it…
The grand finale of the night was a rave performance by Cuppy, the singer and DJ. Cuppy gave an amazing account of herself and wowed and dazzled the appreciative audience with her mellifluous voice and slinky dance steps.. She performed two of my favorite tracks “Abena” featuring Kwesi Arthur, Shaydee and Ceeza Milli, as well as “Gelato”, featuring Zlatan. She seemed destined and determined to demonstrate her full maturity on the music scene… And we all had great fun, which continued well after the clock tolled at midnight and Cuppy was serenaded with a wonderful rendition of the happy birthday song and the cutting of the birthday cake!
ADIEU, SIR ALEXANDER OPEYEMI AKINYELE
The news sneaked in, like a thief in the night. A strident call from my wife jolted me out of sleep, while at Oxford two nights ago. I had slept late two nights in a row upon my return to my base at Oxford, in England, sitting for many hours, studying and doing my work. “What’s it o my dear, at this ungodly hour…?” My wife wasted no time in breaking the sad news. “Someone just called that Chief Alex Akinyele has died…” “Wow!” I exclaimed.
My mind instantly raced back to our good and bad times together. I was friends with his children, especially Kayode, now addressed as Constantine Akinfolarin Akinyele and his lovely wife Funmi, from his days at Obafemi Awolowo University, Ile-Ife. Eerily, it was about this time last year that unfounded rumours about his demise surfaced but were quickly quelled.
Only last week, I posted the Ovation International cover we published some 20 years ago after I travelled to Mumbai, India, to cover the wedding of Sir Alex to his second wife, Lady Maria.
Chief Akinyele loved life and lived well.  It was always fun sharing bowls of pounded yam and bush meat in vegetable stew with the High Chief of Ondo town. The death of his South African wife, Lady Yvonne Akinyele, a South African, had left him devastated. They were like Siamese twins. Every other wife became a competition to the attributes of Lady Yvonne, a near impossibility.
We had traveled all the way to India to bring home his next wife, but Lady Maria eventually left Nigeria with their son. He subsequently married a third wife, Lady Ella, a Nigerian, but not much was known of her or their relationship.
Alex Akinyele was flamboyant in all ramifications. He was a thoroughbred administrator and politician who once served as a Minister. A keen sports enthusiast, he played numerous roles in the development of sports in  Nigeria.
Chief Akinyele was passionate about whatever he believed in. He once told me in an interview that the President of Nigeria, General Ibrahim Babangida, whom he served as Minister of Information, was so powerful and capable of turning a man into a woman. He was a prominent devotee of the former President.
He was a man of letters and he loved to quote copiously from William Shakespeare, offhandedly.
As he advanced in age, he withdrew from public life and the klieg lights. Age was obviously no respecter of status, an enduring lesson to all of us to live life to the fullest while it lasts.
Chief Akinyele once said in an article: “I won’t be a slave of my conscience. Lady Ella knows I love her, but I love Yvonne more…” Such was the candour of this effervescent soul, this great and noble Nigerian who has ended his sojourn here on earth and begun a permanent one in the great beyond. A worthy testament of the life he led.
May his soul rest in perfect peace …

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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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