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Okpebholo Inherited N682bn Debt From Obaseki Govt – Committee

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The Edo State Asset Verification Committee has reported that the administration of former Governor Godwin Obaseki left behind a debt profile of N682.57 billion.

Chairman of the committee, Ernest Umakhihe, presented the findings to Governor Monday Okpebholo on Wednesday, revealing financial irregularities and questionable contract awards under the previous administration.

A review of the committee’s 3,900-page report showed that the debt inherited by Obaseki’s government in 2016 was N84 billion, meaning the state’s liabilities increased by over 900% during his tenure.

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The committee said there were noticeable anomalies in the way contracts were awarded in the last administration and urged that all the contracts and Memorandum of Understanding be reviewed.

According to the report, the state government invested N19 billion in an ongoing hotel project but reportedly owns just 20%, while a company allegedly established in 2024 controls the remaining 80% despite not contributing any funds at the time of the agreement.

READ ALSO: Wake Up, Save Edo From Indiscriminate Parking, Gridlock, Okphebholo Charges EDSTMA

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The report also noted that the past administration awarded 22 contracts worth N22 billion for ICT-related projects to 18 companies, with N17 billion paid as of November 2024.

The report also raised concerns over non-state actors managing the e-governance platform’s backend.

The committee flagged irregularities in several projects, including the modular refinery, the Museum of West African Arts, and the renovation of Stella Obasanjo Hospital, which was commissioned without being completed despite costing nearly N1 billion.

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The report claimed that of the $75 million World Bank funding for basic education reforms, only $5 million reached the Edo State Universal Basic Education Board, with just $2.5 million accessed before the project ended. The remaining $70 million was reportedly managed directly by Obaseki’s office under a “Performance for Results” arrangement.

READ ALSO: Edo Inaugurates Chairmen, Members To Oversee 37 Sports Associations

The committee recommended, among others, forensic analysis and investigation on ownership of companies, enterprises, properties in Abuja, Lagos and other locations where Edo State had prior interest before Godwin Obaseki’s tenure, prosecution of indicated ex-officials, the blacklisting of indicted companies and full prosecution of contractors that ran afoul of the laws of the state and the full investigation of the Edo BEST programme, particularly the utilisation of the $75m from the World Bank.

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Receiving the committee’s report at the Government House in Benin City, Okpebholo commended the team for their dedication and assured them that their recommendations would be acted upon.

I appreciate the committee for a job well done and the time invested in this exercise. I understand the challenges you faced, yet you successfully carried out this crucial assignment. Rest assured that your findings and recommendations will be implemented appropriately,” the governor stated.

Umakhihe, on his part, emphasised that the findings were not just a reflection of past actions but a call to action for the future.

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READ ALSO: [JUST IN] PDP Crisis: BoT Backs Govs, Affirms Ude-Okoye As Secretary

But when contacted, the Special Adviser to Obaseki as governor on Media Projects, Crusoe Osagie, denied the allegations, saying the committee was deliberately misinforming the public and misinterpreting what transpired in the Obaseki administration.

“For the benefit of the people of Edo State and the public, every activity of the government was in the report of the transition committee, which was handed to the new government. Everything raised in their so-called verification committee is nothing but falsehood and in the coming days.

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“We will publish everything item by item for the people of the state to see. The Okpebholo government is in possession of everything that the Obaseki government did and what the committee is claiming is all false,” he said.

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Edo Police Arrest Two Suspected Cultists

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The Edo State Police Command on Wednesday said two suspected cultists were arrested in Ohonre community, off Adolor College Road, Benin.

This was disclosed in a statement by the command Public Relations Officer, Eno Ikoedem, and made available to newsmen electrically.

Ikoedem said the arrest was possible due to operatives response to a distress report concerning the movement and gathering of some suspected cult members within the community.

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READ ALSO:Edo Police Arrest Four Suspected Cultists, Recover Firearms

The statement reads: “The Edo State Police Command has recorded another operational breakthrough following the swift disruption of a suspected cultists’ gathering in Ohonre Community, off Adolor College Road, Benin City.

“On 21st May, 2026, at about 19:00hrs, operatives attached to Ugbowo Division who were on surveillance patrol responded to a distress report concerning the movement and gathering of some suspected cult members within the community.

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“Acting promptly on the information, the police team mobilized to the location. On sighting the operatives, the suspects fled in an attempt to evade arrest. The operatives immediately gave them a hot chase, leading to the arrest of two suspects identified as Victor Peter ‘M’, 21 years and Iyemoma Ogbewe ‘M’, 35 years.

READ ALSO: Idahosa Expresses Gratitude To Okpebholo, Oshiomhole, Others For Support At mother’s Demise

“A search conducted on the suspects led to the recovery of one cut-to-size gun believed to have been in their possession for unlawful purposes.

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“Upon investigation, the suspects confessed to being members of the notorious Maphite cult group. Efforts are ongoing to identify and apprehend other fleeing gang members.”

She said the Commissioner of Police, Monday Agbonika, commended the swift response of the operatives and reiterated the Command’s resolve to deny criminal elements any opportunity within Edo State.

He further urged residents to continue providing timely and credible information to the Police, assuring that all reports would receive prompt attention.

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Troops Eliminate Two Terrorists, Foil Pipeline Attack

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The Nigerian Army says troops have, in the last 24 hours, eliminated two terrorists, rescued four kidnapped victims and foiled pipeline attacks in a series of coordinated military operations across Taraba, Kogi and Rivers.

This is contained in operational updates issued to reporters on Tuesday in Abuja.

According to the reports, troops of 93 Battalion deployed at Akate in the Donga Local Government Area of Taraba engaged suspected terrorists in a forested area, killing two of them.

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READ ALSO:UN Troops Restore Crucifix After Damage By Israeli Military

According to the report, items recovered from the scene include an AK-47 rifle, ammunition, magazines, mobile phones and other personal effects.

In Kogi, it said the troops of 21 Battalion, in collaboration with vigilantes, rescued four kidnapped passengers along the Anyigba–Itobe road in Ofu Local Government Area.

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It added that the victims were reportedly abandoned by their captors while attempting to cross a seasonal stream due to sustained pressure from advancing troops.

According to the military, efforts are ongoing to rescue other victims still in captivity.

READ ALSO:Troops Arrest TikTok Bandits Promoter

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The report said that troops of 12 Brigade successfully repelled an ambush along Kabba–Okene road while withdrawing from an earlier operation, forcing the assailants to flee with gunshot wounds.

Meanwhile, in Rivers, troops of 5 Battalion acting on credible intelligence, foiled an attempt by suspected vandals to detonate a crude oil pipeline in Ahoada West Local Government Area.

“The swift response of the troops disrupted the operation before it could be executed, with the suspects fleeing the scene,” it said.

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Police Arrest Private Chef Over Alleged N150m Theft, Drugging Of Employer, Burglary

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The Nigeria Police Force has arrested a chef, John Cosmos Govi, over his alleged involvement in a burglary operation at a residence in Abuja, where luxury items and valuables worth about N150 million were reportedly stolen.

The arrest was announced on Monday, May 25, 2026, by the Force Public Relations Officer, DCP Anthony Placid, who said the suspect was apprehended by operatives of the Force Intelligence Department Intelligence Response Team (FID-IRT) after investigations into allegations of criminal conspiracy, housebreaking, theft, malicious damage and administering harmful substances.

According to police findings, Govi, who allegedly gained employment as a chef at the residence, was said to have studied the movement of occupants, internal routine and security setup before allegedly carrying out the operation on April 23, 2026.

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READ ALSO:Police Reject N500m Bribe, Recover N7.8bn Illicit Drugs In Lagos

Investigators said he reportedly worked with two accomplices identified as Peter and Moses, who are currently on the run.

Police alleged that food prepared in the house was laced with a suspected sedative substance to weaken the occupants and security personnel.

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After they reportedly became unconscious, the suspects allegedly broke into the property, damaged CCTV installations and stole 20 luxury wristwatches valued at about N150 million, alongside other valuables.

READ ALSO:Court Orders Police To Unseal Disputed Lekki Property

Speaking on the development, DCP Anthony Placid said the suspect was intercepted around the Gwagwalada axis of the Federal Capital Territory while attempting to flee to Lagos. He added that an iPhone 17 Pro Max, believed to belong to the victim, and a suspected chemical substance were recovered.

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We remain committed to dismantling organised criminal networks and ensuring that all fleeing accomplices are brought to justice,” Placid said.

Police said efforts are ongoing to arrest the fleeing suspects and conclude investigations into the case.

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