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Just In: Edo Assembly Speaker, Okiye Impeached

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The crisis rocking Edo State House of Assembly took new dimension on Monday as nine lawmakers out of the ten members of the Peoples Democratic Party (PDP) impeached the speaker of the House of Assembly, Mr. Francis Abumere Okiye.

Okiye represents Esan North East state constituency in the house.

Mr. Marcus Onobun member representing Esan West constituency was elected as the new speaker.

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READ ALSO: Court Restrains INEC From Conducting By-election Into Edo Assembly Seats

The latest development came just about a month to the swearing in of Governor Obaseki (on November 12 this year) for another term of four years in office.

The impeachment of Okiye followed a motion moved by Majority Leader of the House, Mr. Henry Okhuarobo representing Ikpoba Okha state constituency.

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Okhuarobo’s motion was seconded by the member representing Akoko-Edo 1 constituency in the house of assembly, Prince Yekini Idaiye.

READ ALSO: Edo Assembly Crisis: Group Condemns Failed Attempt To Take Over House

The member representing Igueben state constituency, Mr. Ephraim Aluebhosele had earlier moved a motion to nominate the new speaker after Okhuarobo raised the issue of a petition against Okiye and was seconded by the member representing Akoko-Edo 11 constituency, Mr Emmanuel Agbaje.

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Deputy Speaker of the house, Mr. Roland Asoro presided over the plenary shortly after the impeachment process.

Members of the house unanimously adopted the impeachment motion through a voice vote.

Trouble was said to have started shortly after the house resumed its plenary when Okiye asked the clerk, Alhaji Yahaya Omogbai to read the order of proceedings for the day to the hearing of members in order to begin the business of the day.

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READ ALSO: Edo Assembly Impasse: PDP Wants By-election Conducted Into 14 Seats

Okhuarobo was said to have quickly drawn the attention of former Speaker Okiye to a petition against him and reeled out the impeachment motion.

The lawmakers accused Okiye of alleged financial impropriety and booted him out in the process.

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They had suspended Okiye for three months and set up a committee headed by Okhuarobo to probe him and submit the report to the house.

The new speaker, Mr. Marcus Onobun upon his election, thanked the members for his emergence.

Accordingly, Onobun, moments after his election had quickly dissolved all the house standing committees and relieved all the appointees of the house of their various appointments.

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Mr. Onobun also constituted a three man committee to look into financial records of the house under the leadership of the former speaker and also placed the former speaker under three months suspension to allow for a peaceful transition.

READ ALSO: Edo Assembly Crisis Goes Spiritual As Traditional Worshippers Release Curses

Speaking to newsmen inside the state Government House, Okhuarobo said “the members have compelling reasons to do what they did and that the house needed to wait till now because of political reasons and now the process is over. Irrespective of APC or PDP, we are united in the quest to move the state forward.”

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There was drama as efforts by the State Deputy Governor Comrade Philip Shaibu, Secretary to the state Government, SSG, Osarodion Ogie Esq. and immediate past Speaker and Political Adviser to the Governor on Politics (Ed North senatorial district) Mr. Kabiru Adjoto to wade into the matter yesterday failed as they lawmakers had concluded the impeachment move.

It was learnt that no one resisted the plot leading to the eventual removal of Okiye as speaker.

Many of the aides to the former speaker and workers including police personnel attached to the state assembly were seen stranded amid confusion as at the time of this report.

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Also efforts to reach the former speaker Okiye yesterday for comment over his removal failed.

READ ALSO: Edo 2020: Explain Edo Assembly Tussle To The World, APC Tells Obaseki

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

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Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma

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La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

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He has been a regular feature for Lazio this season.

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Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

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The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

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READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

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“This contradiction will no longer be tolerated,” the statement said.

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

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First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

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Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

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Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

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Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti

By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

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Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

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