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Okpebholo Sets Up Panel To Probe Obaseki’s Administration

Published

1 year ago

November 24, 2024

Editor

Senator Monday Okpebholo of Edo State has approved the formation of a 14-member State Assets Verification Committee to investigate the administration of former Governor Godwin Obaseki.

The committee, which will be inaugurated on Tuesday, 26 November 2024, at Government House in Benin City, will be chaired by Dr Ernest Afolabi Umakhihe. Anslem Ojezua will serve as deputy chairman, while Frank Edebor will act as secretary.

Other members of the committee include Kassim Afegbua, Patrick Ikhariale, Taiwo Akerele, Patrick Idiake, and Rasaq Bello-Osagie. Additional members are Fredrick Unopah, Abdallah Eugenia, Patrick Obahiagbon, Kenny Okojie, Lyndsey Tes-Sorae, and Abass Braimoh.

In a statement issued on Sunday, the governor’s Chief Press Secretary, Fred Itua, explained the purpose of the committee.

He said, “In furtherance of the governor’s initiative to set the state on the path of development and accountable leadership, the establishment of a State Assets Verification Committee has become imperative.

“Despite repeated calls for a comprehensive database of the assets and liabilities of the previous administration, the Godwin Obaseki-led government provided only scanty and limited information.

“In line with the governor’s campaign promise to ensure probity, accountability, and transparency in governance, a committee comprising respected sons and daughters of Edo State has been constituted.”

The statement further noted that the committee would be inaugurated at the Festival Hall, Government House, Benin City, on Tuesday, 26 November 2024, at 1:00 pm prompt.

A government official, who spoke on condition of anonymity, stated that the governor was still being briefed by the permanent secretaries to assess the performance of the Obaseki-led administration.

The official said, “The governor is reviewing reports from the permanent secretaries of various ministries to evaluate the immediate past government. These findings will determine whether to initiate a probe and, if so, the scope of the investigation.

“However, under this administration, the people and their interests will always come first,” the official added.

Related Topics:#Edo Government Okpehbolo

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

1 hour ago

May 6, 2026

Editor

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.

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.

He has been a regular feature for Lazio this season.

News

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

Published

2 hours ago

May 6, 2026

Editor

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.

“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.

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

News

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

Published

4 hours ago

May 6, 2026

Editor

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.

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

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

“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.”

“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).

“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.”

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.