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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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GbajaGate: I’ve Done No Wrong, Govt Playing to Shut Me Up – Adeyemi Matthew Speaks from Hiding

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Prince Adeniyi Adeyemi Matthew, the man alleged to have forged government appointment letters and falsely paraded himself as the Director-General of the alleged Presidential Foreign Intervention Promotion Council (PFIPC) and Presidential Economic Advisory Council, has denied the allegations against him, claiming the Presidency is attempting to silence him.

Speaking with PREMIUM TIMES from an undisclosed location on Thursday, Adeyemi insisted he had done nothing wrong and described the government’s actions as a “defence mechanism.”

“You know the government we have. They are just playing a defence mechanism to shut me up. My organisation was set up in 2024,” he said.

Adeyemi declined to disclose his whereabouts, saying he had gone into hiding because his life was under threat.

“They are now after my life. I have gone into hiding. I’m underground,” he said.

When asked whether he had fled the country, he declined to respond directly.

“I will not be able to disclose any information now. I don’t consider myself safe,” he added.

The embattled suspect also declined to provide his alleged appointment letter or any document to support his claim that he was legitimately appointed, saying his lawyers had advised him not to discuss the matter publicly.

“I just decided to speak to you out of respect. My lawyers are working on something. Whatever they say, I will let you know,” he said.

The Presidency has accused Adeyemi of forging appointment letters and other official documents while falsely presenting himself as Director-General of the Presidential Foreign Intervention Promotion Council and the Presidential Economic Advisory Council, agencies it insists do not exist.

Presidential spokesman, Bayo Onanuga, said Adeyemi and two others have been charged before the Federal High Court on an eight-count charge bordering on forgery, impersonation and related offences.

According to the Presidency, concerns first emerged after the Nigerian Investment Promotion Commission reported that another body appeared to be performing functions similar to its statutory responsibilities.

The Chief of Staff to the President, Femi Gbajabiamila, subsequently petitioned the Department of State Services and the Nigeria Police Force, alleging that forged appointment letters bearing fake signatures, official seals and reference numbers had been used to create the impression that the suspects were presidential appointees.

The Presidency said investigations revealed that Adeyemi and his associates allegedly operated from an office within the Federal Secretariat Complex in Abuja, held meetings with Nigerian and foreign officials and sought diplomatic support from the Ministry of Foreign Affairs for visa applications.

According to the Presidency, police arrested Adeyemi on October 27, 2025, after which searches conducted at his office and residence allegedly yielded forged government documents.

Investigators also alleged that financial intelligence uncovered 34 bank accounts linked to Adeyemi, including accounts allegedly opened in the names of purported government agencies.

The Presidency further claimed that Adeyemi used forged documents to open an account with the Central Bank of Nigeria in the name of the alleged agency, although investigators found that no public funds were paid into the account.

The case is scheduled to come up before the Federal High Court on July 27.

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Court Dismisses Abejide’s Suit, Upholds Mark-led Leadership of ADC

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The Federal High Court in Abuja on Thursday affirmed Sen. David Mark’s leadership of the African Democratic Congress (ADC).

Justice Musa Liman, in a judgment, also dismissed the suit filed by Rep Leke Abejide challenging Mark and Ogbeni Rauf Aregbesola as national chairman and national secretary of the party for lacking merit.

Justice Liman upheld the preliminary objections filed by ADC, Chief Ralph Nwosu, Mark and Aregbesola which challenged Abejide’s suit.

The judge held that the court lacked the jurisdiction to dabble in the internal affairs of ADC, as the suit was non-justiciable.

He also held that Abejide lacked the legal right to have instituted the suit, having failed to show to the court that his rights had been violated in any way as a result of the emergence of Mark-led leadership.

He equally held that Abejide, who is a member of the House of Representatives, failed to explore the party’s internal mechanism for dispute resolution.

Justice Liman also resolved the three issues in the substantive suit in favour of the defendants.

On whether Mark, the former Senate president and Aregbesola, who was the former Governor of Osun, emerged as leaders of the party in compliance with the enabling laws, the judge resolved this against Abejide, the plaintiff in the suit.

He held that the handing over of the leadership of the party by Nwosu to Mark did not violate the provisions of the party’s constitution.

The judge agreed that the disputed July 2, 2025, meeting of the party was a stakeholder meeting which preceded the party’s National Executive Council (NEC) meeting held on July 29, 2025, which produced Mark and Aregbesola as the party’s leaders and was monitored by the Independent National Electoral Commission (INEC).

Justice Liman, therefore, declared that the emergence of Mark and Aregbesola as leaders of ADC was valid and in accordance with the constitution, the Electoral Act, 2026 and the party’s law.

The judge consequently awarded a fine of N2 million each in favour of all the defendants which shall be paid by Abejide.

He also awarded a N10 million fine against Abejide’s lawyer in compliance with the Electoral Act, 2026.

The News Agency of Nigeria (NAN) reports that Abejide had instituted the suit to stop the Mark-led leadership of ADC.

In the originating summons, marked FHC/ABJ/CS/1637/2025, filed on Feb. 15 by Idris, the lawmaker sued ADC, Ralph Nwosu, Mark, Aregbesola and INEC as 1st to 5th defendants respectively.

NAN reports that Nwosu was the former national chairman of ADC who stepped down for Mark, the ex-Senate president.

Abejide, among the eight reliefs, sought an order nullifying Nwosu’s handover or transfer of ADC’s leadership to Mark and Aregbesola as interim national chairman and interim national secretary respectively on July 2, 2025, at Shehu Musa Yar’adua Centre, Abuja, for being illegal, unlawful, null and void.

He sought an order of perpetual injunction restraining Mark and Aregbesola from parading themselves as leaders of the party “as their purported appointment, selection or election was unlawful, illegal, null and void.”

He also sought perpetual injunction restraining INEC from recognising Mark and Aregbesola as ADC’s interim national chairman and interim national secretary.

He alleged that their appointment, selection or election did not meet the requirements of Section 82 of the Electoral Act, 2022, among other prayers.

NAN

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Alleged N27.4bn Scandal: Presidency Exonerates Gbajabiamila, Says Adeyemi Matthew is a ‘Con Artist’

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The Presidency has volunteered details on how a certain Prince Adeniyi Adeyemi Matthew, allegedly built an elaborate web of forged documents, fake government appointments and fictitious agencies to deceive public officials and present himself as a senior presidential appointee under the administration of President Bola Tinubu.

The Presidency, in a statement issued on Wednesday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, described Adeyemi as “a con artist” who allegedly used forged appointment letters bearing the name of the Chief of Staff to the President, Femi Gbajabiamila, to create and operate a non-existent Presidential Foreign Intervention Promotion Council, later referred to as the Presidential Economic Advisory Council.

According to the statement, the alleged scam was uncovered after officials of the Nigerian Investment Promotion Council raised concerns that another purported government agency appeared to be operating alongside it.

The Office of the Chief of Staff subsequently alerted security agencies, accusing unnamed individuals of forging official appointment letters purportedly issued from his office.

“The attention of this office has been drawn to the activities of certain individuals and groups engaged in the forgery of official appointment letters purportedly issued from my office,” Gbajabiamila said in a petition dated October 17.

“The fake documents, bearing falsified signatures, reference/folio numbers, and seals, have been used to claim leadership appointments to non-existent entities, with particular reference to the Presidential Foreign Intervention Promotion Council.”

The Chief of Staff disclosed that Adeyemi had allegedly established an office at the Federal Secretariat Complex in Abuja, where he reportedly hosted meetings with Nigerians and foreign nationals while presenting himself as the Director-General of the fictitious agency.

According to the petition, the group even sought diplomatic support from the Ministry of Foreign Affairs to facilitate United States visas for its purported staff.

“The above development not only constitutes a serious criminal act but also undermines the integrity of the Presidency and the credibility of official government communication,” Gbajabiamila wrote.

“I therefore urge you to initiate a thorough investigation to identify and apprehend those involved and also to uncover the network facilitating the forgery.”

Foreign Affairs Ministry raises red flag

The statement revealed that concerns over Adeyemi’s activities had also reached the Federal Ministry of Foreign Affairs after he reportedly convened a meeting with ambassadors at the Wells Carlton Hotel and Apartments in Abuja on October 10, 2025, without the ministry’s knowledge.

In a letter dated October 15, 2025, signed by Ambassador Anderson Madubuike and addressed to the Office of the National Security Adviser and the Office of the Chief of Staff, the ministry sought clarification regarding the status of the purported agency.

“This act contravenes extant rules and regulations guiding diplomatic practices globally,” the ministry stated.

The enquiries triggered correspondence among the Office of the National Security Adviser, the Office of the Secretary to the Government of the Federation and the Office of the Chief of Staff.

Responding to the enquiries, Gbajabiamila categorically denied appointing Adeyemi or recognising the agency.

“Prince Adeniyi Matthew, Director-General of the Presidential Foreign Investment Promotion Council, is unknown to any office, nor do we have any dealings with the said council,” he wrote.

“My attention was drawn to a letter of this purported application, which is fake, and my office has instructed the police and other relevant security agencies to carry out investigations on the person and the entity he claims to represent.”

The Presidency stressed that the Chief of Staff could not have issued any appointment letter because appointments into government offices are the exclusive responsibility of the Office of the Secretary to the Government of the Federation.

Police uncover alleged forgery network

Following the petition, the Police launched an investigation and arrested Adeyemi on October 27, 2025, at the Abuja office from where he allegedly operated the scheme.

Searches conducted at both his office and residence in Suleja reportedly yielded several documents and exhibits believed to be connected with the operation.

Investigators said Adeyemi claimed that one Dolapo Babatunde Tanimola assisted him in procuring the forged appointment letter.

However, police investigations established that Tanimola had died in a fire incident at Kachi Hotel in Abuja on October 22, 2025, five days before Adeyemi’s arrest.

According to the State House, investigators established that the agency Adeyemi claimed to head never existed, while the appointment letters and several official documents recovered during the investigation were allegedly forged.

Police also accused him of falsely presenting himself as a presidential appointee and fraudulently requesting a diplomatic note verbale from the Ministry of Foreign Affairs to facilitate visa applications for himself and members of his organisation.

Investigators further alleged that Adeyemi operated no fewer than 34 bank accounts, including nine accounts opened in the names of fictitious organisations, including the FCT Investment Promotion Agency and Public Private Partnership (FIPA-APP).

The investigation also found that he allegedly succeeded in opening a Central Bank of Nigeria account by misleading the Office of the Accountant-General of the Federation using forged documents.

The Presidency, however, noted that investigators confirmed no government funds were ever paid into the account.

“The act of the suspect constitutes criminal forgery, impersonation and obtaining by false pretence, thereby bringing the office of the Chief of Staff to the President and the Presidency to disrepute before the public and international community,” the police report stated.

Eight-count charge filed

Based on the outcome of the investigation, police filed an eight-count charge before the Federal High Court in Abuja against Adeyemi and two alleged accomplices on November 27, 2025.

The matter is scheduled for hearing on July 27.

According to the Presidency, Adeyemi, while on police bail, recently resurfaced with fresh claims that the Chief of Staff had genuinely appointed him as Director-General of the agency.

The statement noted that the claim directly contradicted the statement he voluntarily made to investigators during the police probe.

It said the renewed allegation prompted Gbajabiamila to issue another public disclaimer on June 8, reaffirming that Adeyemi was an impostor.

Presidency urges caution

The Presidency said Adeyemi had a history of alleged fraudulent misrepresentation, recalling that in 2016 he allegedly presented himself as President-General of the World Youth Organisation, claiming it was affiliated with the United Nations before the UN reportedly disowned the organisation.

Describing the case as that of “a con artist who appears to have built a web of false claims to deceive unsuspecting government officials and the public,” the Presidency urged politicians and members of the public to avoid drawing conclusions before the ongoing criminal trial is concluded.

It further advised that, since the matter is before the court, interested parties should allow the judicial process to determine the allegations against Adeyemi and his co-defendants.

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