News
Groups Differ Over Osun Finances, Aregbesola’s Probe
Published
3 years agoon
By
Editor
A group, The Osun Masterminds, has asked for a probe into the finances of Osun State during the tenure of Minister of Interior, Rauf Aregbesola, as the governor of the state.
The group also called on the state governor, Adegboyega Oyetola, to speak about the state of the government that he inherited, saying the people deserve to know.
Speaking against the backdrop of a sharp drop in the monthly allocation accruable to the state, TOM’s Executive Director, Dr. Wasiu Alli-Oyeniyi, in a statement in Osogbo on Tuesday, expressed concern over deficit of N375 million that the state got from the Federation Account in February 2022.
He said, “In the month ended February 2022, Osun State Government received a negative allocation of N-375million from the FAAC, out of a possible N1.45bn. The implication of this is that the state will be paying back an extra sum of N375million from next month’s allocation, plus the deductions already waiting in that month.
READ ALSO:BREAKING: One Injured As Suspected Thugs Attack Osun Govt Bus
“The governor, Alhaji Gboyega Oyetola, must as a matter of importance and the very near future, speak about the state of the government he inherited. The state’s people deserve to know why their state is in the state of affliction that it presently is. When the people can rightly appropriate blame, working together to get out of the quagmire becomes easier.
“The state government needs to, as a matter of urgency, conduct a financial sustainability exercise that will look into the core areas of finances of the state, the capacity it has for survival and the steps it needs to take to correct past errors.
“Such exercise may necessarily include a probe of the past administration’s financial actions, with a view to issuing necessary white papers where necessary, to reprimand persons found guilty of poor actions.”
But reacting, another group, Progressives Minded Forum, in a statement signed by its Coordinator, Sunday Oriowo, accused the state government of sponsoring The Osun Masterminds to discredit Aregbesola.
The PMF, however, supported the call asking Oyetola to tell the people of the state the actual debt profile when he took over power in 2018, the repayment method and projects that the loans were expended on.
The group also challenged Oyetola to disclose deductions which made the state to receive negative allocation from FAAC and the actual amount being generated as Internally Generated Revenue.
“Mr Governor sir, members of the public would like to know ‘other deductions’ which put the state into negative in the February allocation. The people will also like to know how you have been funding the little projects you have embarked upon since all your claim is ‘there is no money in the state.’
“Besides, it is pathetic that a supposed objective group would close its eyes to the non-disclosure of N11.9bn refund to the Osun State government on Federal Government projects executed by Aregbesola, but rather continue to blame the former governor for the debt,” Oriowo said.
READ ALSO: Osun 2022: Oyetola Was Installed By ’Emperor’ – Adeoti
Reacting, the state Commissioner for Information, Funke Egbemode, said Oyetola’s government did not sponsor any group to attack or demand Aregbesola’s probe.
She said, “The Osun Masterminds is not an agency of government in Osun. We didn’t sponsor anybody.
“If people are saying the truth, say they are saying the truth. If they lie against you, defend yourself. Don’t leave the message and the messenger and be chasing shadows.”
PUNCH
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News
Edo To Dredge Ikpoba River For Revenue, Flood Control
Published
10 hours agoon
July 3, 2025By
Editor
Edo State government has proposed the dredging of Ikpoba River to curb flooding and exploring potentials for enhancing revenue generation in the state.
The state Commissioner for Mining, Hon. Andrew Ijegbai, disclosed this when he led a delegation on an inspection of the river in Benin City.
According to him, the initiative was to find a lasting solution to the incessant challenges of flooding and river overflow on the busy road.
He added that his team was on the ground to assess the condition of the river to get a firsthand observation of its impact on communities near its bank.
READ ALSO: Controversy Over Pregnant Woman Buried Alive In Edo
Also speaking, Director of Mining in the ministry, Mr. Omoruyi Ihianle expressed the state government’s determination to turn challenges into successes.
He stated that the primary objectives of the project were to generate revenue for the state government through mining and to mitigate flooding in the host communities.
“As a government, we have found a way of converting our challenges until success.
“As a result of the silted river channel, the host communities have been suffering from flooding, hence the Edo State Government is stepping in to desilt while raising revenue for the State Government,” he said.
News
JUST IN: Ex-Eagles Goalkeeper, Peter Rufai, Is Dead
Published
12 hours agoon
July 3, 2025By
Editor
Peter Rufai, the former Super Eagles goalkeeper, has died.
Waidi Akanni, a former teammate and associate, confirmed the legendary goalkeeper’s death to TheCable on Thursday.
Rufai, affectionately nicknamed Dodo Mayana, died at 61 after a reported battle with long-term illness.
The Super Eagles of Nigeria also announced the demise of the former goalkeeper on the team’s official X account.
READ ALSO: Meet First African Artiste Who Get Hollywood Walk Of Fame Star
“Forever in our hearts, Dodo Mayana. We mourn the passing of legendary Super Eagles goalkeeper, Peter Rufai, a giant of Nigerian football and a 1994 AFCON champion,” the post reads.
“Your legacy lives on between the sticks and beyond.”
Rufai is regarded as one of the best football goalkeepers Nigeria has ever produced. He was the Eagles’ first-choice goalkeeper when Nigeria won the 1994 Africa Cup of Nations (AFCON).
He also represented Nigeria at the 1994 FIFA World Cup in the US and the 1998 FIFA World Cup in France.
Rufai had over 60 caps for the Super Eagles over the course of a decade with the team.

The Asset Management Company of Nigeria (AMCON) has announced the sale of the Ibadan Electricity Distribution Company (IBEDC) for N100 billion.
AMCON’s Managing Director/CEO, Gbenga Alake, disclosed this at a media parley on Thursday.
Apart from IBEDC, AMCON also manages other distribution companies, including the Abuja Electricity Distribution Company (AEDC), Benin Electricity Distribution Company, Kaduna Electricity Distribution Company, and Kano Electricity Distribution Company.
READ ALSO:IBEDC Throws Ogun Industrial Estate, Others Into Darkness Over Debts
Alake said, “Today, I announce to you that Ibadan DisCo has been sold. When we came in, it had already been sold, but we renegotiated the price and got almost double of what it was initially going to be sold for.”
Regarding ongoing legal issues, Alake stated, “We have sold it, and whatever is still happening in court, we will face it.”
However, officials of IBEDC did not respond to inquiries about the sale.
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