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N9b Loan: Bakare’s Critics Envious Of His Successes – Lagos Ex-guber Candidate

Published

4 years ago

December 30, 2021

The Citadel

The 2011 gubernatorial candidate of the defunct Congress for Progressive Change (CPC) in Lagos State, Ambassador Abayomi Nurain Mumuni has advised Nigerians to desist from criticizing Pastor Tunde Bakare for collecting loan to build his church.

Mumuni described those who have been escalating the matter as enemies of Bakare, who are envious of his successes.

It could be recalled that Bakare contested as Vice Presidential candidate on the platform of CPC when President Muhammadu Buhari contested as Presidential candidate of the party in the year 2011.

The general overseer of Citadel Global Community Church formerly known as Latter Rain Assembly, Pastor Bakare, has been reported in the media to be swimming in debt of N9 billion loan which he allegedly collected from a commercial bank.

But, Mumuni, while reacting, said those behind the circulation of the news were Pastor Bakare’s adversaries who were not only envious of his successes but wants to embarrass him.

He said there was no crime in collecting loan, especially for businesses.

The former CPC gubernatorial candidate added that the former Vice President candidate of the defunct CPC had something tangible and worthwhile to show for the loan.

Mumuni in a statement made available to DAILY POST in Ibadan on Wednesday, said, “I have read with great disappointment the needless and unnecessary dragging of Pastor Tunde Bakare on social media over loan he collected from banks to build cathedral, a combination of worship and business edifices.

“It is a common practice that individuals and cooperate bodies and multi-national companies get loans from financial institutions that comes with terms, including method of payment.

“What could have been issue of concern is if it’s established that he doesn’t want to pay his loan but it’s in public domain that he has started paying the loan, he reportedly took from five banks.

“Even several countries in the world, including the US, have debt with the World Bank. The US loan is huge. What I am trying to say is that people take loans for business and other projects without public or social media trial. It should not be in an issue once you are able to repay the loan.

“Is he the only person owing? Why him? We live in the same country where people masquerade around without any family inheritance, but, possessing multiple private jets, without verifiable source, only through loans. But this is man who has built an edifice, section of it for worship and another section for commercial which could have generated the money borrowed if not for COVID-19 pandemic.

“It is in the public domain that he collected loan from 5 banks to build the cathedral. The process is very transparent, and as a matter of fact, as far back as October, he revealed that he has started paying some of the banks,” DAILY POST quoted him.

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Putin Says Russia Ready For War, Blames Europe For Sabotaging Peace

Published

8 hours ago

December 2, 2025

Editor

Russian President Vladimir Putin said on Tuesday that Russia was “ready” for war if Europe seeks one, accusing the continent’s leaders of trying to sabotage a deal on the Ukraine conflict before he met with US envoys.

The comments came as US envoy Steve Witkoff and President Donald Trump’s son-in-law Jared Kushner were in Moscow for high-stakes talks on ending the nearly four-year war, which were preceded by days of intense diplomacy.

“We are not planning to go to war with Europe, but if Europe wants to and starts, we are ready right now,” Putin told reporters in Moscow.

“They have no peaceful agenda, they are on the side of war,” he added, repeating his claim that European leaders were hindering US attempts to broker peace in Ukraine.

He added that European changes to Trump’s latest plan to end the war “aimed solely at one thing — to completely block the entire peace process and put forward demands that are absolutely unacceptable for Russia”.

Washington has presented a 28-point draft to end the conflict, later amended after criticism from Kyiv and Europe, which viewed it as heeding to many of Russia’s maximalist demands.

The plan to end the war is championed by Trump, but European countries fear it risks forcing Kyiv to cave in to Russian demands, notably on territory.

Fearing further Russian aggression, Europe has repeatedly said an unfair peace should not be imposed on Ukraine.

The Trump envoys are now seeking to finalise the plan with the approval of Moscow and Kyiv.
AFP

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US Senator Proposes Bill To End Dual Citizenship

Published

8 hours ago

December 2, 2025

Editor

A United States lawmaker has introduced a bill seeking to abolish dual citizenship for American nationals, a move that could affect thousands of Nigerians who hold both US and Nigerian passports.

Bernie Moreno, a Colombian-born US senator, announced the proposed legislation — titled the Exclusive Citizenship Act of 2025 — arguing that the current system, which allows Americans to hold multiple nationalities, creates “conflicts of interest and divided loyalties.”

“One of the greatest honours of my life was when I became an American citizen at 18, the first opportunity I could do so.

“It was an honour to pledge an Oath of Allegiance to the United States of America and only to the United States of America! Being an American citizen is an honour and a privilege—and if you want to be an American, it’s all or nothing. It’s time to end dual citizenship for good,” Moreno said.

Moreno, who has since renounced his Colombian citizenship, maintains that exclusive allegiance is essential to national integrity.

If passed, the bill could have far-reaching implications for prominent figures such as US First Lady Melania Trump, who holds both US and Slovenian citizenship. It would also significantly impact Nigerians with dual citizenship.

According to a July naturalisation flow report by the US Department of Homeland Security, 38,890 Nigerians became naturalised American citizens between 2021 and 2023. Nigeria ranked 13th among countries with the highest number of new US citizens and was the only African nation in the top 20.

Nigerian law allows citizens by birth to hold dual nationality without relinquishing their Nigerian citizenship.

This development comes months after President Donald Trump issued an executive order aimed at denying automatic US citizenship to children of undocumented immigrants born in the country.

The order was immediately challenged by 18 states and multiple rights groups, who argued it violates the 14th Amendment’s guarantee of birthright citizenship. Ongoing legal battles have prevented the order from taking effect.

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12 Die, 30 Missing In Peru Landslide

Published

1 day ago

December 1, 2025

Editor

At least 12 people, including three children, died in a landslide at a river port in central Peru on Monday, and 30 were reported missing, officials said.

The landslide submerged a boat with about 50 passengers on board, and another with none, as they were docked at the port of Iparia in the Amazon jungle region of Ucayali, according to a police report cited by the Andina news agency.

Six people were injured, it added, and a search and rescue operation was underway at the start of the Peruvian rainy season.

Without giving a toll, Peru’s COEN national emergency operations centre said on X that tragedy struck at dawn due to “erosion” of the bank of the Ucayali river.

It said the navy has been called in to help.

AFP