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Edo Govt., APC In Verbal War Over State’s Rising Debt Profile

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By Joseph Ebi Kanjo

The Governor Godwin Obaseki-led Edo State government and the state chapter of the All Progressives Congress (APC) on Friday locked horns over the alleged rising debt profile of the state.

Jarrett Tenebe, the state acting chairman of the APC, during a press briefing in Benin, while accusing the state government of plunging the state into “debt profile of N135 billion Naira and $35.6 billion Dollars,” the state Commissioner for Communication and Orientation, Mr. Chris Nehikhare described the acting chairman’s allegation as “infertile rambling, wild and completely off-the-mark.”

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On Tenebe’s allegation that the Edo
State Government has requested “a loan of N17.5 billion Naira with
no corollary of project attached there to the said facility, and also that the facility is not contained as loan to be taken in the 2024 fiscal budget just recently passed,” Nehikhare said “recent facility approved by the State Assembly was to amongst other projects, enable the State Government procure electric buses to enhance the states transportation system.”

Tenebe said: “Information at the behest of the members of the Edo State House of Assembly is to the effect that they were recalled from their holiday or leave by the Speaker on the request of the State Governor for the immediate approval of the said facility which accord to them were said to be N9billion Naira but as event unfolded, after the mammoth request by the opposition in the house as to the rationale for a facility as stupendous as N9billion Naira for fathom projects which only existed in the imagination of the Governor, it was
discovered that the facility was not even N9billion Naira but a figure wrapped in secrecy as much as N17.5 billion Naira to which the opposition in the house rejected and or refused to be part of the approval.

READ ALSO: N3.6bn Fraud: EFCC Seeks Court Order To Arrest Ex-NDDC Boss

“While it is important to state that the citizens of Edo State have been taken through difficult and hard times by the Obaseki led administration, it is our request and most profoundly too that the Obaseki administration to hence forth stop these borrowings which its proceeds found their way into his pocket and that of his co-travelers, as Edo State has suffered enough decay in infrastructural and other developmental sects,” Tenebe lamented. (Sic)

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But the state Commissioner for Communication fired back: “Even if that was what was written for him, he should have known that the figure is wrong and can’t be true .

“In reality, our debt stock is not a secret and in fact, we are ‘under borrowed’. Emperor Tenebe would have known this if he understood the economics of governance, fiscal responsibility and debt-to-GDP ratio.

“The recent facility approved by the State Assembly was to amongst other projects, enable the State Government procure electric buses to enhance the states transportation system.

READ ALSO: Army Seizes 5m Litres Of Stolen Crude Oil In Rivers

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“Tenebe’s undoing is that he and his party have been so used to looting of the people’s treasury and cannot bear the pain that they would never have access to the State’s purse with which the governor has continued to pursue developmental projects across the state.

“It is even more saddening that a party’s chairman only thinks about brick and mortar when it comes to development.

“Tenebe’s attention must be drawn to the fact that opposition politics is not cynicism. Opposition politics requires intelligence, tact and not childish tantrums.”

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EFCC Trial: ‘Even The Prophets Went To Prison’ – Buhari’s Minister Comforts Self In Court

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A former Minister of Aviation, Hadi Sirika, standing trial for an alleged N7.2bn fraud, said he was ready to go to prison just like the prophets.

Sirika, his daughter, and three others were arraigned at a Federal Capital Territory High Court on Thursday on a six-count amended criminal charge before Justice Sylvanus Oriji.

A video of the ex-minister speaking in court with his lawyers surfaced on X on Thursday.

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In the video, Sirika, dressed in cream Babariga, could be heard saying, “It’s okay. Fatima, it’s okay,” while comforting his daughter.

READ ALSO: Cleric Sets Wife’s House Ablaze For Allegedly Refusing To Participate In Late Night Prayer

He continued, “Even prophets have gone (to prison). Those that went, haven’t they finished theirs already?…whatever Allah says”

The Economic and Financial Crimes Commission had accused the ex-minister, his daughter, son-in-law and Al-Duraq Investment Limited, of fraud in connection with the botched Nigerian Air project.

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Meanwhile, the court granted each of the defendants bail in the sum of N100m with two sureties each.

Before the trial judge, Justice Sylvanus Orji granted the bail request of the defendants, they pleaded not guilty to all the charges preferred against them after it was read out to them.

The prosecution counsel, Rotimi Jacobs SAN, had informed the court of an amended charge by the EFCC dated May 7, and filed on May 8, which was not opposed by the counsel for the defendants.

READ ALSO: Bill On Unemployment Benefit Scales Second Reading

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Sirika’s lead counsel, Kanu Agabi (SAN), informed the court of his client’s bail application dated May 6.

The other defendants similarly, moved their bail applications and prayed the court to be liberal in the bail conditions.

Jacobs, on his part, told the court that all the defendants were on administrative bail and asked the court to grant bail on the condition that would make them appear for their trials.

Apart from the N100m bail, Justice Osuji added that one of the sureties must own a landed property with valid land titles in like sum within the Federal Capital Territory.

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The judge also held that the sureties must depose to an affidavit of means while he barred the defendants from travelling outside the country without its permission.

He added that failure to fulfil the bail conditions would earn the defendants a stay in a correctional facility.

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Tiktok Bans Nigerian Content Creator’s Account After Completing 24-hour Buried-alive Challenge [VIDEO]

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Nigerian man, Young C, has been successfully exhumed after spending 24 hours buried alive in a coffin.

Young C began the challenge on Wednesday, May 8 and has completed it.

At several intervals, Young C gave updates from inside the coffin.

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His challenge however led to TikTok permanently banning his account.

READ ALSO: VIDEO: Nigerian Man Exhumed After Completing 24-hour Buried Alive Challenge

After he was ‘’exhumed’, he cautioned viewers against attempting similar stunts due to the inherent dangers involved.

Watch a video of him being exhumed below

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Former Super Eagles Player, Ibrahim Babangida Is Dead

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Former Super Eagles star, Ibrahim Babangida has died in a car accident.

It was gathered that the car accident which happened along Zaria road, also involved the ex-Super Eagles brother, Tijani, his wife, son and maid.

However, only Babangida died in the auto accident, while others who were with him were taken to the hospital, where they are responding to treatment.

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Tijani is president of the Professional Footballers Association of Nigeria (PFAN).

READ ALSO: Ex-Rep Drags Wabote To EFCC Over Disbursement Of Funds For NCDMB Projects In Bayelsa

According to The Nation, a statement by the General Secretary of (PFAN), Emmanuel Babayaro, confirmed Ibrahim died in the crash.

Details later…

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