Politics

Adeleke, APC Clash Over Alleged Attempt To Access N56billion Loan Facility

Published

11 months ago

December 30, 2024

The All Progressives Congress, APC, and Osun State Governor, Ademola Adeleke on Monday disagreed over the allegation that the Governor is set to obtain an N56 billion World Bank loan facility.

The opposition party, APC noted that the foreign loans obtained by Adeleke after the N56billion will be staggered to N81.6 billion under his administration.

Addressing newsmen at Tinubu/Shettima campaign office, the Director of Media and Publicity, Chief Kola Olabisi lamented that Adeleke way of obtaining a loan will plunge the state into crisis.

Olabisi said Adeleke secretly obtained N10 billion and N3.92 billion domestic loans in 2023 which made the debt profile of the state grow to N55.3bn.

According to him, “as if that was not enough, the state has also failed to address the concern that it secretly signed a $16 million foreign loan facility, an equivalent of N26.6 billion, to fund “Nigeria for Women Project.

“The first phase of the NG-CARES ended in June 2024, however, the Osun State governor, we are aware, has been misled to go for the second phase of the programme. Therefore, the state has signed all relevant documents to signify her intention to participate in the second phase of the NG-CARES programme.

“In total, the state will obtain the sum of $35 million (equivalent of N56 billion) on the NG – CARES facility.”

Reacting through his spokesperson, Olawale Rasheed, the governor described the APC claims as illiterate postulation and misleading.

“Normally we are not surprised, because APC has gotten to a stage in Osun that they have nothing to say again, they cannot fault us on our service delivery, they cannot fault us on governance delivery, good governance across the sector, and we are getting award from far and near.

He queried that “How can you call NG-CARES programme a lian, it is a World Bank project that we even inherited from both former Governors Rauf Aregbesola and, Adegboyega Oyetola. How can you call it our matter? It’s not our matter. It’s a federal matter. There are many illiterate postulations coming from APC.”

Politics

Oshiomhole Blasts Amaechi, Says He Built Railway To Niger Republic Instead Of Port Harcourt

Published

19 hours ago

November 24, 2025

Editor

Senator Adams Oshiomhole on Monday criticised former Minister of Transportation, Rotimi Amaechi, accusing him of poor judgment and misplaced priorities during his tenure in office.

Speaking on Channels Television’s Politics Today, Oshiomhole said: “Rotimi Amaechi is the most terrible. Look at the choice of language. A guy who shut down Rivers judiciary because he wanted to appoint his own personal favourite as chief judge of Rivers State. Once he couldn’t have his way, the Rivers State judiciary was shut down for almost two years.

“Look at the crisis in the railway system that he superintendent over for eight unbroken years. He was unable to get the priorities right, playing to the gallery.

“Now he rather constructed a rail, not to Kano, not to Port Harcourt, where he came from, but to Niger Republic.

“Which goods are we sending to Niger Republic? He was a minister. And if you were a minister under Buhari, you will be fair to him, life or death, that Buhari gave anyone he appointed free hand to do the job he assigned to you. That is what Buhari was.”

Politics

State Police Can No Longer Be Delayed – South-West Governors

Published

19 hours ago

November 24, 2025

Editor

The Southwest Governors Forum is set to create a South West Regional Security Fund to strengthen responses to insecurity in the region.

This initiative aims to address the rise in kidnapping, banditry, illegal mining, and unregulated interstate migration.

The decision was reached during a meeting of the six governors on Monday at the Governor’s Office, Secretariat, Ibadan, Oyo State.

In the communiqué issued at the end, it was agreed that all six states would support coordinated operations, joint intelligence sharing, and rapid-response initiatives across Lagos, Ogun, Oyo, Osun, Ondo, and Ekiti states.

The governors also emphasised that the establishment of state police “can no longer be delayed.”

They applauded President Bola Tinubu for security interventions in states affected by kidnappings, while urging sustained attention on regional development.

Politics

JUST IN: Atiku Officially Joins ADC, Registers With Party In Adamawa

Published

1 day ago

November 24, 2025

Editor

Former Vice President Atiku Abubakar has officially registered as a member of the African Democratic Congress in Adamawa State, signalling a major development in Nigeria’s opposition politics ahead of the 2027 general elections.

The registration took place on Monday, following Atiku’s announcement to ADC supporters and stakeholders in Adamawa over the weekend.

Abdul Rasheeth, an aide to the former vice president, had confirmed the development in a statement obtained by The PUNCH.

Videos and photos from the event showed Atiku’s convoy arriving in the town to the cheers of supporters, who beat drums, sang, and carried placards with his image.

Atiku waved and greeted well-wishers from his vehicle as he received his ADC membership card.

In a brief X (Formerly Twitter) post on his handle shorty after his registration, Atiku wrote,” It’s official. -AA”

This move formalises Atiku’s association with the coalition party, which he had previously endorsed in July as a platform for opposition figures, including Peter Obi and Babachir Lawal, to challenge President Bola Tinubu in 2027.

Until now, Atiku and other opposition leaders had delayed their formal registration with the ADC.

The former vice president’s registration is expected to strengthen the party’s profile and consolidate the opposition ahead of the next general election.