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You Need all the Friends You Can Get in the Private Sector, Dele Momodu Advises Tinubu

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By Eric Elezuo

Following the fallout between the Federal Government owned Nigeria National Petroleum Company Limited and the Dangote Group over crude supply, celebrity journalist, Chief Dele Momodu, has advised President Bola Tinubu not to chase investors away, adding that in a season of anomy as is being experienced in Nigeria currently, he needs all the friends he can get in the private sector.

The renowned publisher of Ovation International gave the advise while featuring as a guest on Politics Today on Channels Television on Monday.

He said, “The whole social media is awash and abuzz with the issue of this Dangote refinery. Instead of me rehashing what people are saying, let me just tell you my own solution. Mr President, in this season of anomy in Nigeria, you need all the friends you can get in the private sector.”

He frowned at the ongoing spat between the Nigerian Midstream and Downstream Petroleum Authority and the management of Dangote Refinery, saying the crisis is taking a toll on the owner, Aliko Dangote.

“It’s almost like it is a crime to be an investor in Nigeria. I saw the reports in the Financial Times, Bloomberg and others. It will not help Nigeria.

“I don’t know who has grudges to bear with him. He should call him into a bedroom. Let them go and settle it behind closed doors. We cannot afford to wash this dirty linen in public. It is going to boomerang for all of us. That is my attitude.

“I believe this man has invested so much in Nigeria, just like other people. We have a lot of good businessmen in Nigeria who are doing great things. We should encourage them and not allow them to run away. Now, he said one of his friends is laughing at him because he warned him not to put all his eggs in one basket.

“I have seen other countries where Dangote invested. I have been to his plants in Ethiopia, Zambia and Tanzania. I can see the effort those countries are making to accommodate him there. We should not chase our businessmen away.

“I am sure other business people in Nigeria are watching. They might say, ‘hey, if this can happen to Dangote, it can happen to me.’ And everybody will be scared. We should not create this panic. We can’t afford this at this time,” Momodu warned.

Momodu insisted that it would be a shame for Nigeria to allow its oil sector players and stakeholders to be washing their ‘dirty linen’ in public while the world looks on.

Recall that Dangote and the NMDPRA has been having a running over the Dangote Refinery with the government agency claiming that products from Dangote is inferior in comparison to others.

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Ex-Polaris Bank Chief Remanded in Prison Custody for Alleged Fraud

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The Special Offences Court sitting in the Ikeja area of Lagos State, on Monday, remanded a former branch manager of Polaris Bank, Abiodun Sanni, at the Ikoyi Custodial Centre for alleged multi-million naira fraud.

Sanni was arraigned by the Economic and Financial Crimes Commission (EFCC) on a 16-count charge bordering on obtaining credit by false pretences, forgery, use of false documents, and stealing.

The EFCC counsel, Orhieoghene Adewunmi, told the court that Sanni committed the offences at the Iju branch of the bank in Lagos on February 24, 2020.

The lawyer stated that the defendant, as the branch manager of Polaris Bank, obtained from the bank a credit sum of N17 million in form of a loan.

He said Sanni collected the loan on the pretext that the loan had collateral in the form of a fixed deposit worth N111.1 million, which belonged to one Yinkus Multi-biz Ventures.

The EFCC lawyer also alleged that the former bank manager dishonestly converted a Polaris Bank fixed deposit account worth N15.1 million, belonging to one Joshua Atolagbe, to his personal use.

According to Adewunmi, the alleged offences contravene Sections 36(1), 278(1), 313(1)(a), 361 (1) and 364 (1) of the Criminal Law of Lagos State, 2011.

Sanni, however, pleaded not guilty to all the counts preferred against him.

Adewunmi urged the court to remand the defendant.

“My lord the prosecution intends to call 10 witnesses in this case. We urge the court to remand the defendant in custody in view of his not-guilty plea,” the EFCC lawyer said.

The defence counsel, Osho Oludoshu, told the court that he had filed a bail application.

The presiding judge, Justice Olubunmi Abike-Fadipe, thereafter, remanded Sanni at the custodial centre.

Justice Abike-Fadipe adjourned the case to March 6, 2025, for the commencement of trial.

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INEC Declares APC’s Aiyedatiwa Winner of Ondo Guber Election

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The Independent National Electoral Commission (INEC) has declared the candidate of the All Progressives Congress (APC), Mr. Lucky Aiyedatiwa, as the winner of the just concluded Ondo State governorship election, held on Saturday, November 16, 2024. 

The Returning Officer for the election Olayemi Akinwumi, who is also the Vice-Chancellor of the Federal University, Lokoja, Kogi State declared Aiyedatiwa winner of the election on Sunday, extending the governor’s stay at the Government House in Alagbaka, Akure.

Governor Aiyedatiwa polled 366,781 votes to defeat his closest rival and a former deputy governor of the state Ajayi Agboola who flew the Peoples Democratic Party (PDP) flag. He scored 117,845 votes, more than twice lower than the APC candidate.

“That Lucky Orimisan Aiyedatiwa of the APC having satisfied the requirement of the law is hereby declared the winner and is returned elected,” the returning officer said at exactly 2:30 pm at the INEC collation centre in Akure.

The declaration came hours after the collation of results for the election began in the early hours of Sunday. Although the collation centre went on breaks, the APC took a commanding lead with over 200,000 votes ahead of the PDP.

The final results showed that the APC won the election in a landslide, clearing all 18 local government areas.

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PDP Chieftain Sues IGP Egbetokun over Police Invasion of Home

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A former National Deputy Publicity Secretary of the Peoples Democratic Party (PDP), Dr. Diran Odeyemi has filed a fundamental rights suit against the Inspector General of Police, Kayode Egbetokun.

Also joined in the suit is the Osun State Commissioner of Police.

The suit dated November 7, 2024, was filed before a Federal High Court in Osogbo, Osun State capital.

In an affidavit in support of originating summons, Odeyemi accused armed agents of the defendants of invading his residence at Ibadan on October 26, without prior notice.

The plaintiff said the invasion of his residence and attempt to unlawfully arrest him was part of plans by the All Progressives Congress (APC) to silence leaders of the Peoples Democratic Party in Osun State.

Odeyemi alleged that the National Chairman of the All Progressive Congress, Alhaji Abdullahi Ganduje on 20th of October, 2024, declared in Akure, Ondo State capital that the party had a secret strategy to recapture Osun State for APC, adding that what played out at his residence was part of the broader plans of the APC.

The plaintiff asked the court to determine where the attempt and threat by the defendants and their agents to arrest him on wilful investigation of some stalwarts of the APC do not constitute an infringement of his fundamental rights to personal liberty, freedom of movement, expression and association.

The ground of the originating summons includes, “The plaintiff by virtue of sections 35, 39, 40, 41 and 46 under Chapter IV of the 1999 Constitution of the Federal Republic of Nigeria (as amended) and under the African Charter on Human and People’s Rights is entitled to enjoy his rights to personal liberty, freedom of movement, freedom of expression and freedom of association.

‘The Plaintiff, being a citizen of Nigeria, has the right to move freely without any inhibition, express his thoughts, associate freely, and enjoy his dignity without being harassed, intimidated,d, or hindered in any way or manner.

“The Defendants and their officers are rigorously attempting to violate the plaintiff’s fundamental rights to personal liberty, freedom of movement freedom of expression, and freedom of association by threatening and planning to intimidate, harass, molest, and unlawfully arrest and detain him on wilful instigation of some politicians within the All Progressives Congress who are hellbent on framing the Plaintiff in order to silence him, as part of the All Progressives Congress secret strategy to recapture Osun State and wrestle power from the Peoples Democratic Party in the State., come 2026.

“The National Chairman of the All Progressives Congress boastfully stated in Akure on the 20th October 2024 that the APC had a secret strategy to recapture Osun State from the Peoples Democratic Party but that he would not reveal the secret and his threatening statement was widely reported in the media.

“In what appears like the commencement of the secret political machinations, the agents of the Defendants, at the instance of some APC politicians and without having ever invited the Plaintiff, invaded the Plaintiff’s home on the 26th day of October 2024 in an attempt to unlawfully arrest, detain, harass and intimidate the Plaintiff but they failed because the Plaintiff was not in the country”

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