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Richard Akinnola II Wrote: Open Letter To Bayo Onanuga [Full Text]

Published

3 years ago

April 1, 2023

Editor

My dear Bayo,

I hope you are now happy and satisfied, that the National Broadcasting Commission(NBC) has sanctioned CHANNELS with a N5 million fine, following your petition over the Datti Ahmed’s interview on CHANNELS.

Chief Gani Fawehinmi and Dr Olu Onagoruwa ( both of blessed memories) were the best of friends for several years but that friendship was truncated when the latter decided to join the Abacha junta as the Attorney-General, churning out despicable Decrees. Their relationship ended and Gani publicly upbraided his erstwhile friend.

You and l have been friends for several years, fought many battles together against the military, particularly against their onslaught on the free press. I therefore feel terribly pained that l have to publicly upbraid you for your recent public statements, particularly your petition against CHANNELS tv, to the National Broadcasting Commission (NBC). Et tu, Bayo? I’m still trying to wrap my heads round your sudden 360 degrees against all you fought for under the military.

You are yet to be in government and you have started exhibiting intolerance against the independent media, the same thing you fought for all your years, like Dr Onagoruwa did. I’m sure your principal, who has been a lover of free press, would be embarrassed by your position.

I watched the interview under reference and l must say, you are VERY UNFAIR to Seun Okinbaloye, the anchor man who repeatedly cautioned Datti Ahmed for making some seemingly inciting comments, to the anger and discomfiture of Datti Ahmed. So, in all conscience, what then is the basis of your petition to the NBC? Can you compare that to your recent incendiary post against an ethnic group? Why are you making enemies for your principal, instead of friends, in a country so polarized? While your principal is preaching unity and healing, you are busy trying to make more enemies for him.

Yesterday, it was ARISE, today, it is CHANNELS. Is that a foretaste of what to experience in the incoming government? So, we should be fixated on NTA and TVC, isn’t that what you are trying to tell proverbially? To say that I’m totally embarrassed by your silly conduct, would be stating it mildly.

For eight years, despite all vitriolic attacks on the president, Femi Adesina, as Special Adviser, Media to the president, did not petition against any medium but you wey never enter, don dey censor the media. What a shame! I can expect the disaster that awaits us if you become the presidential spokesperson. Do l subscribe to unfettered press freedom? No. I believe every freedom comes with responsibility. However, when you create a perception that the incoming government would be intolerant of the free press, we need to sound the alarm bell.

My dear Bayo, it is often said that until a man tastes power or has access to money, you can’t judge his character. That may not be totally true because one of our mutual friends, Tunji Bello, has tasted both but has been his normal self that l have known for over three decades. His decent character has not changed, in and out of government. So, could it be that your real character is just unfolding? Just because you are now at the periphery of power, you are ready to obliterate all the values and principles you held all these years. What a shame!

TAKE NOTICE that we would fight this your planned “insurrection” against the independent media the way we, including you, fought Abacha’s dictatorship against the media.

RICHARD AKINNOLA

Postscriptum: Before l wrote this open letter, l had informed some of our mutual friends, so that they won’t feel embarrassed.

Related Topics:Akintola Channels Onanuga

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

3 hours 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.

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

Published

3 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.

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

Published

6 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.