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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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Welcome Home, Israel Confirms Return Of 20 Hostages From Gaza

Published

22 hours ago

October 13, 2025

Editor

Israel said that the last 20 living hostages released by Hamas on Monday had arrived in the country.

“Welcome home,” the foreign ministry wrote in a series of posts on X, hailing the return of Matan Angrest, Gali Berman, Ziv Berman, Elkana Bohbot, Rom Braslavski, Nimrod Cohen, David Cunio, Ariel Cunio, Evyatar David, Guy Gilboa Dalal, Maxim Herkin, Eitan Horn, Segev Kalfon, Bar Kuperstein, Omri Miran, Eitan Mor, Yosef Haim Ohana, Alon Ohel, Avinatan Or and Matan Zangauker.

AFP

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20 Members Of Gang Blacklisted By US Escape Guatemala Prison

Published

1 day ago

October 13, 2025

Editor

Twenty members of a gang designated a “foreign terrorist organisation” by the United States have escaped from detention in Guatemala, a prison chief said Sunday.

The members of the Barrio 18 gang “evaded security controls” at the Fraijanes II facility, prison director Ludin Godinez said at a news conference.

He received “an intelligence report” on Friday warning about the “possible escape” from the prison, which is southeast of the capital, Guatemala City.

Godinez said they were investigating possible acts of corruption.

Washington last month blacklisted Barrio 18, an El Salvador-based gang which has a reputation for violence and extortion, as part of its crackdown on drug trafficking.

The US embassy in Guatemala condemned the prison escape as “utterly unacceptable.”

“The United States designated members of this heinous group as the terrorists they are and will hold accountable anyone who has provided, provides, or decides to provide material support to these fugitives or other gang members,” the embassy said on X.

It called on the Guatemalan government to “act immediately and vigorously to recapture these terrorists.”

According to Interior Minister Francisco Jimenez, there are about 12,000 gang members and collaborators in Guatemala, while another 3,000 are in prison.

The country’s homicide rate has increased from 16.1 per 100,000 inhabitants in 2024 to 17.65 this year, more than double the world average, according to the Centre for National Economic Research.

According to the Salvadoran government, the gangs Barrio 18 and Mara Salvatrucha, better known as MS-13, are responsible for the deaths of about 200,000 people over three decades.

The two gangs once controlled an estimated 80 percent of El Salvador, which had one of the highest homicide rates in the world.

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South Africa Bus Crash Kills 40 Including Malawi, Zimbabwe Nationals

Published

1 day ago

October 13, 2025

Editor

At least 40 people, including nationals of Malawi and Zimbabwe, were killed when a passenger bus rolled down an embankment in South Africa, a provincial transport minister said Monday.

The bus travelling to Zimbabwe crashed around 90 kilometres (55 miles) from the border on Sunday after the driver apparently lost control, Limpopo province transport minister Violet Mathye said.

“They are still working on the scene, but 40 bodies have already been confirmed to date,” Mathye told the Newzroom Afrika channel. The dead included a 10-month-old girl, she said.

Thirty-eight people were in hospital and rescuers were searching for other victims, she told eNCA media.

The bus was travelling from the southern city of Gqeberha, around 1,500 kilometres away, and its passengers included Malawians and Zimbabweans who were working in South Africa. The crash may have been caused by driver fatigue or a mechanical fault, the minister said.

South Africa has a sophisticated and busy road network with a high rate of road deaths, blamed mostly on speeding, reckless driving and unroadworthy vehicles.

AFP