Headlines
Afenifere Condemns Slow Pace in Unravelling Olakunrin’s Killers
Yoruba socio-cultural organisation, Afenifere, has expressed displeasure over what it described as the lackadaisical gesture of the police in the investigation of the murder of Mrs. Olufunke Olakunrin, daughter of its leader, Chief Reuben Fasoranti.
In a statement yesterday, Spokesman of the group, Mr. Yinka Odumakin, said that over two months that Mrs. Olakunrin was killed around Ore in Ondo State, nothing had been done to unravel her killers.
Meanwhile, the Ondo State Police Command Spokesman, Superintendent of Police (SP) Femi Joseph, said it was not true that the Force was not acting or being lackadaisical about the matter, saying: “We are working on it and would soon address the press on how far we have gone.”
But Afenifere said it was compelled to speak out over the lackadaisical attitude of the police over the gruesome assassination.
According to Afenifere, “Mr. Kehinde Fasoranti, the junior brother of the deceased, had stated openly a day after the incident that the police in Ore told him that his sister was killed by Fulani herdsmen when he went to collect her body the day she was killed but that he challenged the police to bring out the statement he wrote at their station. They have not contradicted him till date.”
The group expressed concern that the first sign it got that there was no attempt to launch any serious investigation into the murder was when the car in which Mrs. Olakunrin was killed was released to the family from Ore police station the day after the murder without any forensic investigation into the most prized evidence at the scene of the crime.
“It was when we engaged the police high command that they came to pick the car six days later. The car has now been returned to the family with no report on the examination report.
“Indeed, there was no attempt to carry out an autopsy on the corpse until we also demanded one from the police before the burial.
“One was carried out and only that report was given to the family members when they went to collect the car. Beyond this, the police have not made any briefing to the family on their investigations into this dastardly act.
“For instance, the driver of the car in which Mrs. Olakunrin was killed has not been asked a question by the police till date. Furthermore, few days after the killing, a member of staff of the deceased husband, Bankole Olatunbosun, was arrested as he was said to be in touch with Mr. Olakunrin’s driver, Femi Ajayi, who drove the Toyota Sienna bus in the deceased convoy.
“A week after the killing, Femi was brought into the family house in Akure by police officers in the anti-kidnap unit. The story from the crime scene was that Femi got down from the bus and followed the gunmen who killed Mrs. Olakunrin. He claimed he was kidnapped but there is no evidence of ransom requested from him or his family. He and Bankole Olatunbosun are now free men. Femi even sauntered into the Fasoranti’s family house three days ago,” the statement said.
“All the above put together suggest to us clearly that the police have not done any serious investigations into this murder. And it worries us that we are seeing all the signs of lethargy that usually attend high profile murders with powerful masterminds in our country,” the statement said.
Afenifere, therefore, urged those who respect human lives in Nigeria and across the world to join it in asking the police where are the killers of Mrs. Olakunrin.
The Guardian
Headlines
Senate Approves Tinubu’s ₦1.77trn Loan Request
The Senate has granted approval to the ₦1.77 trillion ($2.2b) loan request of President Bola Tinubu after a voice vote in favor of the request.
The Senate presided by Deputy Senate President, Barau Jibrin, approved the loan after the Senate Committee on Local and Foreign Debts chaired by Senator Wammako Magatarkada (APC, Sokoto North) presented the report of the committee.
The request which was submitted by the President on Tuesday is part of a fresh external borrowing plan to partially finance the N9.7 trillion budget deficit for the 2024 fiscal year.
Tinubu had on Tuesday written to the National Assembly, seeking approval of a fresh N1.767 trillion, the equivalent of $2.209 billion as a new external borrowing plan in the 2024 Appropriation Act.
The fresh loan is expected to stretch the amount spent on debt servicing by the Federal Government. The Central Bank of Nigeria recently said that it cost the Federal Government $3.58 billion to service foreign debt in the first nine months of 2024.
The CBN report on international payment statistics showed that the amount represents a 39.77 per cent increase from the $2.56bn spent during the same period in 2023.
According to the report, while the highest monthly debt servicing payment in 2024 occurred in May, amounting to $854.37m, the highest monthly expenditure in 2023 was $641.70m, recorded in July.
The trend in foreign debt servicing by the CBN highlights the rising cost of debt obligations by Nigeria.
Further breakdown of international debt figures showed that in January 2024, debt servicing costs surged by 398.89 per cent, rising to $560.52m from $112.35m in January 2023. February, however, saw a slight decline of 1.84 per cent, with payments reducing from $288.54m in 2023 to $283.22m in 2024.
March recorded a 31.04 per cent drop in payments, falling to $276.17m from $400.47m in the same period last year. April saw a significant rise of 131.77 per cent, with $215.20m paid in 2024 compared to $92.85m in 2023.
The highest debt servicing payment occurred in May 2024, when $854.37m was spent, reflecting a 286.52 per cent increase compared to $221.05m in May 2023. June, on the other hand, saw a 6.51 per cent decline, with $50.82m paid in 2024, down from $54.36m in 2023.
July 2024 recorded a 15.48 per cent reduction, with payments dropping to $542.50m from $641.70m in July 2023. In August, there was another decline of 9.69 per cent, as $279.95m was paid compared to $309.96m in 2023. However, September 2024 saw a 17.49 per cent increase, with payments rising to $515.81m from $439.06m in the same month last year.
Given rising exchange rates, the data raises concerns about the growing pressure of Nigeria’s foreign debt obligations.
Channels TV
Headlines
Simon Ekpa Arrested, Sent to Prison on Terrorist Propaganda Charges
Self acclaimed leader of the Indigenous People of Biafra (IPOB), Simon Ekpa, has been arrested by law enforcement in Finland.
The BBC reports that Ekpa was subsequently sent to prison by the district court of Päijät-Häme for “spreading terrorist propaganda on social media”.
Ekpa was said to have committed the crime in 2021 in Lahti municipality.
The Finnish National Bureau of Investigation (NBI) also arrested four other men over alleged terrorist offences.
A citizen of Finland and Nigeria, Ekpa has described himself as leader of the separatist IPOB group since Nnamdi Kanu’s incarceration.
Finnish police say Ekpa’s activities and social media rhetoric may have fanned the flames of violence in the south-east of Nigeria.
“He carries out these activities from his social media channels, for example,” said Otto Hiltunen, detective chief inspector of the NBI.
In February 2023, Ekpa was arrested by police at his residence in Lahti but was released after hours of questioning.
Using his social media channels, Ekpa had directed Igbos not to participate in Nigeria’s 2023 general election.
In September 2021, the Biafra agitator and secessionist denounced Nigeria and vowed to return the medal he won for the country at the 2003 African Junior Athletics Championships.
Headlines
Court Sacks MC Oluomo As NURTW National President
The Court of Appeal has sacked Musiliu Akinsanya aka MC Oluomo as the National President of the National Union of Road Transport Workers (NURTW).
In a ruling that upheld the earlier judgment of the National Industrial Court, the appellate court sacked MC Oluomo and reaffirmed Tajudeen Baruwa as the legitimate leader of the union.
Baruwa had assumed office after a properly conducted election held at the union’s headquarters in Abuja.
The three-member panel of the Appeal Court dismissed the appeal filed by MC Oluomo’s faction, declaring it devoid of merit.
In addition, the court imposed a fine of N100,000 on the appellants, further solidifying Baruwa’s leadership position.
Reports quoting court documents said to have been released on Friday detailed the ruling, which effectively countered any attempts to displace Baruwa from his role as the NURTW president.
The judgment read: “This is an appeal against the judgment/decision of the National Industrial Court Sitting in Abuja, in Suit No. NICN/ABJ/263/2023, delivered on the 11th March, 2024, by Justice O. O. Oyewumi.
“Upon reading the Record of Appeal compiled and transmitted before this court, together with the respective briefs of argument, and after hearing the counsels for the appellants and respondents, it is hereby ordered that:
“This Appeal is devoid of merit, and the same is hereby dismissed.”
The ruling reinforces the legitimacy of Baruwa’s presidency, concluding the legal dispute over the union’s leadership.
Meanwhile, MC Oluomo’s son Idowu Akinsanya (King West) had bragged about his feat of emerging the NURTW president, saying: “We are now in charge of Nigeria, not only Lagos,” a comment that attracted public opprobrium.
MC Oluomo, a diehard supporter of President Bola Tinubu and a prominent figure in Lagos politics, was the sole candidate in the election, which took place at the union’s zonal secretariat in Osogbo. His perceived victory was deemed to carry significant implications for the future of the NURTW and the political landscape of Nigeria.