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IPOB: Nnamdi Kanu’s Family Fights over Money, Control of Bank Accounts

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The crisis rocking the proscribed Indigenous People of Biafra (IPOB) has taken a more dramatic dimension as close relations of its leader, Nnamdi Kanu, are at loggerheads over foreign bank accounts operated by the group, according to Politics Nigeria.

This newspaper, in the previous weeks, reported the multiple divisive crises that struck the group following the arrest and continued detention of Kanu. One of the problems facing the group is the issuing of unauthorised statements by members of Kanu’s family, which caused a sharp divide among IPOB members globally.

But more recently, the group is mired in deep problems over access to funds and change of signatories to its foreign bank accounts operated in different countries.

Central in this furore are members of Kanu’s family who are beginning to fight each other over the control of the accounts. This, if not resolved, may plunge the already divided group into complete chaos, sources, including a top-ranking IPOB chief, familiar with the inner workings of the group revealed to our correspondent.

Since the group runs on donations from its supporters in diaspora, it is believed that this crisis can put it in a financial situation that may halt operations of all IPOB branches.

Worries from detention

Kanu, since his arrest and repatriation back to Nigeria in 2021, has only had access to the group’s funds through his proxies and Directorate of States (DOS). The DOS is saddled with responsibility of catering for IPOB interests in various countries spread across Europe, Africa, Asia and other continents.

However, in recent times most of the foreign accounts have been frozen due to one issue or the other. Since Kanu is facing treasonable felony charges and still in detention, all of these concerns could not be properly treated.

Instead, the IPOB leader gives instructions from detention through his lawyers and other senior members of the group.

German Account Saga

During a recent meeting with Kanu, one of the group’s members complained that they are having issues with the new IPOB bank account in Germany. According to our source, a German Court restricted access to the account due to disagreement in replacing the signatory to the account.

The member explained that when they wanted to replace Collins Chinedu, a former national coordinator of IPOB in Germany, with Abraham Ogbonnaya, trouble ensued.

The move was fiercely resisted as the IPOB directorate of States(DOS) led by Chika Edoziem, quickly issued a public disclaimer describing Ogbonnaya as a criminal.

In fact, in the heat of the crisis in Germany, Kanu’s younger brother, Kingsley Kanu, was accused of imposing Ogbonnaya as the new National Coordinator for Germany with the sole intent to cause division within the existing structure. Edoziem, in a letter to the bank insisted that Chinedu, being the one whose name is in their constitution, should be the one to operate the bank account.

Meanwhile, as a way of resolving the conflict, Kanu’s lawyer, Ejimakor then sought his (Kanu’s) approval for funds to be paid into their national account instead.

He disclosed that Washington could raise $5000, Baltimore $10,000, New Jersey $20,000 and New York $20,000.

Our source stated: “Kanu expressed displeasure over the inability to access bank accounts in Germany and Italy.”

“Ejimakor explained that the issues were caused by ongoing battle over change of Signatories to the accounts.”

“He told Kanu that the account in Germany was blocked based on a memo from Kingsley seeking to change the signatories to the account and that Kingsley claimed that he (Nnamdi) authorised the memo, Kanu denied giving such authorisation.”

Nnenna Kanu and Emmanuel Kanu

While the control of funds in the Italian and German branches of the IPOB is still subject of controversy, two members of Kanu’s family are fighting over the money in the United States.

Nnenna Kanu and Emmanuel Kanu, two siblings of the IPOB leader, want the control of IPOB’s bank account in the US. Recently, Nnenna did a live broadcast where she publicly insulted Emmanuel and accused him of interfering with her duties.

In a rebuttal, Emmanuel claimed that he is acting on the orders of their elder brother(Nnamdi).

Sources told POLITICS NIGERIA that Nnamdi Kanu, on getting whiff of the development, was miffed that his younger sister, Nnenna, has been flouting his directives regarding IPOB bank accounts in the US.

He also admitted detailing Emmanuel to ensure Nnenna complies with his directives which may have led to the disagreement.

IPOB DOS bars payments to German Account

In a brash response to the power tussle over account control, the IPOB directorate of State (DOS) in a recent press statement, called on all its members to desist from paying donations/funds into the group’s German account.

The statement signed by Edoziem in February read in part;

“All IPOB family members worldwide are therefore directed to stop making payments into the IPOB account in Germany because any payment made will be returned to the payee and this will direct unnecessary attention to the family.”

“Furthermore, please note that until the Directorate ascertain what actually happened to that account and why it was closed, all IPOB family units around the world are hereby directed to desist from sending their monthly dues or any funds”.

Source: Politics Nigeria

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Avalanche Opens Creative Academy in Lagos

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Fast-growing Lagos-based Entertainment and hospitality hub, Avalanche has announced the birth of its educational arm, The Avalanche Creative Academy.

The academy is designed as a top-notch platform dedicated to nurturing creativity and innovation among aspiring creatives.

The Academy aims to provide comprehensive training through various programs, workshops, and mentorship opportunities, all designed to inspire and equip students with the skills they need to thrive in the creative industry.

It offers the following courses: Music Production, Sound Engineering, Photography, cinematography, 3D,graphic designs, motion graphics, Business Management, Creative copywriting, and Creative Strategies.

The Academy’s first set of intakes is scheduled to resume on the 17th of February 2025, while application opens from 13th of January 2025, on a 12-week basic course.

“Together, we can create invaluable experiences for our students and contribute to the creative community.

Follow the link below to register

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Igbobi College OBA (84-86 Set) Donates N20m to Endowment

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The Christmas/End of Year party of the Igbobi College Old Boys Association (ICOBA) was filled with excitement, pomp and pageantry as the 84-86 set celebrated its 40th anniversary of leaving the school.
The highlight of the event was the donation of N20 million from the set’s endowment to serve as a seed fund for the national body’s endowment through the National ICOBA. The donation was received by Mr Femi Banwo, President ICOBA International and Mr Kunle Elebute, Chairman ICOBA National Endowment Committee

The 84-86 set’s Board of Trustees Endowment Committee had established an independent endowment in 2009 with a vision to create a lasting legacy for the set. Speaking at the occasion, the Chairman of the ICOBA 84-86 Board of Trustees and Endowment Committee, Dr. Falil Ayo Abina, expressed his delight, stating that it was a dream come true.

Dr. Abina explained that one of the core lessons learned at Igbobi College was “self-denial.”
He reminisced about the Self-Denial Fund (SDF), where students were taught to contribute their weekly “widow’s mite” to share with the less privileged in society. Dr. Abina emphasized that when the endowment committee conceived the idea of the endowment 15 years ago, they had this legacy in mind, aiming to serve a purpose greater than self.

The donation of N20 million to the national endowment is expected to inspire others within the alumni and other school alumni associations to follow suit.
This generous donation is the first in ICOBA’s history and arguably in Nigeria and sub-Saharan Africa.

The 13-member endowment committee, also include Demola Ipaye, Fola Laguda, Gbenga Aina, Demola Oladeinde, Jimi Onanuga, Abayomi Alabi, Kwami Adadevoh, Bayo Ayoade, Tunde Sadare, Wole Ogunbajo, Tunji Akinwummi, and Lanre Olusola, worked tirelessly to make this vision a reality and it was indeed mission accomplished for the ‘Nobles Nigerians ‘ as Igbobians are called.

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US Polls: There Are Key Takeaways for Nigerians – Victor Udoh

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The recent US presidential election should be praised for its credibility and peaceful conduct. The election serves as a model for Nigeria, highlighting the importance of free, fair and transparent polls, according to the publisher of online platform, Bluefames Media, Mr. Victor Udoh

The US election saw Donald Trump, the Republican candidate, emerge victorious over Democrat, vice president Kamala Harris. Trump secured 270 electoral votes, surpassing Harris’s votes.

While congratulating Trump on his victory, Udoh noted that the election’s smooth process, devoid of issues like ballot box snatching, violence and technical glitches.

In contrast, Nigeria’s electoral process often faces challenges, including delays, vote-buying and disputes over results, he lamented. Udoh emphasized the need for Nigeria to learn from the US example, ensuring credible elections that reflect the will of the people.

He said: “Nigerians and the international community monitored the outcomes of the US election. You could see that the US electoral process demonstrates the value of credible and peaceful elections, which experience Nigeria can draw lessons from to improve its own electoral system.
“By embracing transparency, accountability and peaceful conduct, Nigeria can strengthen its democracy and ensure governance that truly represents the people’s will.”

Udoh, a publicist and motivator, pointed out that learning from the US experience, Nigeria can address its electoral weaknesses and foster a more robust democracy, which in turn, can lead to better governance, economic growth and improved living standards for Nigerians.

“Nigeria must prioritize electoral reform and transparency to ensure that its citizens’ voices are heard and valued,” he stressed.

He, however, warned that “a second Trump term may have significant implications for global issues like dollar value, immigration, energy and geopolitical stability.”

Victor Udoh is the publisher of online platform, Bluefames Media

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