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Obaseki, Ize-Iyamu’s Aides In Verbal War Over Alleged N20b Loan

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Special Adviser to the Edo State governor on Media and Communication Strategy, Mr. Crusoe Osagie, and Chairman, Edo State APC Media Campaign Council, Mr. John Mayaki, have exchanged tough words over the former’s principal (Obaseki) alleged plan to obtain N20b loan from the nation’s capital market.

Group known as Joint Forces for the Defence of Democracy (JOFDEkS) had Monday, July 14, protested the government plan to obtain N20b (Twenty billion naira) from the Nigeria Capital Market.

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The group also alleged that the Godwin Obaseki-led government intends to obtain another $100Million and $150m loan from the World Bank respectively, just as it described the act as ” reckless, irresponsible and ignominious for the Obaseki-led state government to obtain another loan.”

READ ALSO: N20b Loan: Group Protests, Rolls Out State’s Indebtedness

However, reacting to the allegation, Cruseo alleged that the protesters were sponsored by governorship candidate of the APC, Pastor Osagie Ize-Iyamu.

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He alleged that it was calculated attempt by the APC governorship candidate to distract Edo people from his (Ize-Iyamu) N700m fraud allegation.

“In a bid to distract Edo people from his ongoing trial in court for a N700 million fraud allegation, candidate of the All Progressives Congress (APC) has resorted to sponsoring protests over non-existent issues.

READ ALSO: The Land Of Shameless Leaders (III)

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The SSA claimed that there’s no plan by the Obaseki-led government in the state to obtain loan from any quarter.

“There is no such thing as N20 billion debt proposal by the Edo State Government, and Edo people cannot be distracted by such wild claim,” Osagie said.

Responding to Crusoe’s allegation, Chairman, Edo State APC Media Campaign Council, Mr. John Mayaki, said it’s insulting to the people of Edo independence of thought for Crusoe to have attributed their protest and expression of anger to a sponsored one.

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While stating that his principal did not sponsor any protest or any group of person, Mayaki questioned Crusoe if youths of the state have no right to read news, interpret it to their own understanding and react.

READ ALSO: ‘We’re Committed To Relieving Obaseki Of His Office’- Ize-Iyamu Campaign Organisation

“It is ludicrous and insulting to the people of Edo State who are known for their agency and independence of thought, for Crusoe Osagie to suggest that the anger they expressed today on the streets of Benin over the 20 billion naira loan Obaseki is trying to obtain for his collapsing campaign was done at the behest of Pastor Osagie Ize-Iyamu.

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” Is Crusoe suggesting that Edo youths cannot read the news, interpret it, and understand the implications of a failed government seeking loans toward the end of its tenure?.

” We do not sponsor protest and we do not claim to control the minds of the people. If Obaseki and his aides have such an arrangement through which they channel funds to people to protest on the streets, they should come out and tell the world as that is not part of the APC modus operandi.” Mayaki said.

The Chairman, State APC Campaign Media Council, said for the governor’s aide to have shifted blame rather than attending to the allegation was an attempt to distract Edo people’s attention from the proposed N20b loan.

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He noted, ” What’s interesting here and journalists ought to focus on, is Crusoe, and implicitly the Edo State Government, refusing to directly speak to the reports on the loan acquisition. There has been no one to state categorically and on the record that no such plans exist.

READ ALSO: Just In: Buhari Speaks On Magu’s Probe, Suspension (Full Speech)

” Once again, Crusoe Osagie and the government he serves are trying to deflect attention and distract the people and the press from the real issues. Are you obtaining a loan or not? What is the loan for? Why are you seeking a 20 billion naira loan during the heat of an election you are already guaranteed of losing? Those are the issues that need answers.”

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FG Shuts 22 Illegal Tertiary Institutions

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The National Commission for Colleges of Education has uncovered and shut down 22 illegal Colleges of Education.

The discovery was made during a crackdown on illegal colleges of education in the country.

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The development was revealed in the commission’s achievements, seen by our correspondent.

“The NCCE identified and shut down 22 illegal Colleges of Education operating across the country.

READ ALSO:FG Predicts Heavy Rainfall, Flood In Seven States

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“The NCCE conducted personnel audit, financial monitoring in all the 21 federal colleges of education,” the commission said.

President Bola Tinubu had recently urged the National Universities Commission, the National Board for Technical Education and the National Commission for Colleges of Education to weed out illegal higher institutions of learning in the country.

Speaking at the 14th convocation of the National Open University of Nigeria in Abuja, the President ordered the NUC, the NBTE, and other agencies to take decisive action against what he described as “certificate millers” undermining the credibility of the education sector.

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READ ALSO: FG Partners Traditional Rulers To Curb Proliferation Of Small Arms, Light Weapons In Nigeria

Tinubu, who was represented by the Director of University Education at the Federal Ministry of Education, Rakiya Ilyasu, warned that the integrity of the academic system must not be compromised.

At this juncture, it has become imperative to reiterate that this administration remains committed to strengthening the integration of all agencies involved in the administration of education to enhance efficiency and quality,” the President said.

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He added, “The National Youth Service Corps, the Joint Admissions and Matriculation Board, the National Universities Commission, the National Board for Technical Education and the National Commission for Colleges of Education are working in alignment to improve the quality of education and ensure that cases of forgery and unrecognised institutions both within and outside the country have no place in our education ecosystem.”

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EFCC Orders Arrest Of Dismissed Officer On Lege Miami’s Show

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The Economic and Financial Crimes Commission has condemned the actions of one of its former staff, Olakunle Alex Folarin, who was recently spotted participating in a matchmaking programme on social media platforms hosted by popular entertainer Lege Miami.

The agency has ordered his immediate arrest for retaining official EFCC property, including an identity card, following his dismissal for certificate forgery.

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The anti-graft agency, in a statement on its official X handle on Monday, said Folarin served as a driver at the EFCC’s Ibadan Zonal Directorate.

READ ALSO:EFCC Releases Former Sokoto Gov Tambuwal

He was, however, dismissed after investigations confirmed he had forged his academic credentials.

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It said, “The Economic and Financial Crimes Commission, EFCC, condemned in the strongest terms, the involvement of one of its former staff, Olakunle Alex Folarin, in a matchmaking programme running on Lege Miami social media platforms.”

“Folarin was recently dismissed from the Commission for certificate forgery. He was a driver at the Ibadan Zonal Directorate of the EFCC.”

READ ALSO:EFCC Arraigns Six Katsina Revenue, Bank Workers Over N1.2bn Fraud

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The statement said EFCC Executive Chairma,n Mr. Ola Olukoyede, has ordered Folarin to be arrested and emphasised that Folarin’s actions should not be associated with the commission.

“The Executive Chairman of the EFCC, Mr. Ola Olukoyede, has ordered his arrest for being in possession of some Commission’s properties, including an identity card, which he should have handed over upon being dismissed from the EFCC.

“The public is advised against associating Folarin’s post-dismissal conduct with the EFCC,” the statement concluded.

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NERC Transfers Regulation Of Electricity Market To Bayelsa

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The Nigerian Electricity Regulatory Commission has transferred regulatory oversight of the electricity market in Bayelsa State to the Bayelsa Electricity Regulatory Agency.

In a notice on its social media handles on Monday, the commission said this was in compliance with the amended 1999 Constitution and the Electricity Act 2023.

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In compliance with the amended Constitution of the Federal Republic of Nigeria and the Electricity Act 2023 (Amended), the Nigerian Electricity Regulatory Commission has issued an order to transfer regulatory oversight of the electricity market in Bayelsa State from the Commission to the Bayelsa State Electricity Regulatory Agency,” the commission said.

READ ALSO:NLC, TUC Give NERC Deadline To Reverse Hike In Electricity Tariff

Recall that with the Electricity Act 2023, the commission retains the role as a central regulator with regulatory oversight on the interstate/international generation, transmission, supply, trading, and system operations.

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The Act also mandates any state that intends to establish and regulate intrastate electricity markets to deliver a formal notification of its processes and requests NERC to transfer regulatory authority over electricity operations in the state to the state regulator.

The transfer order by NERC directed Port Harcourt Electricity Distribution Company Plc to incorporate a subsidiary distribution company to assume responsibilities for intrastate supply and distribution of electricity in Bayelsa State from PHED.

PHED was also directed to complete the incorporation of PHED SubCo within 60 days from August 21, 2025.

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READ ALSO:Estimated Bills: NERC Fines BEDC, Others, Deducts N10.5bn From Discos Revenue

The subcompany shall apply for and obtain a licence for the intrastate supply and distribution of electricity from BYERA, among other directives,” the commission said.

It concluded that all transfers envisaged by the order shall be completed by February 20, 2026.

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With this order, Bayelsa has joined states like Lagos, Imo, Ogun, Ondo, Ekiti, Enugu, Niger, Edo, Oyo and Plateau, which have got the power to regulate electricity markets.

The state can now generate, transmit, and distribute electricity while issuing licences to investors within the value chain.

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