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Lagbaja’s Sick Leave: Oluyede Assumes Office As Acting Chief of Staff

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The newly appointed Acting Chief of Army Staff (Ag COAS), Major General Olufemi Oluyede, on Friday, assumed duties at the Army Headquarters, Abuja.

Recalled that the Acting COAS was appointed by the President, Commander-in-Chief of the Armed Forces of Nigeria, Asiwaju Bola Ahmed Tinubu, on Wednesday, pending the return of the substantive COAS, Lieutenant General Taoreed Lagbaja, who is currently on medical leave.

At the formal taking-over ceremony at the Defence Headquarters, Abuja, the Chief of Defence Staff, General Christopher Musa, emphasized that the appointment aligns with the Armed Forces Act of 2004.
General Musa stressed that the Armed Forces could not afford to let insecurity prevail and called for support for the acting COAS in his new role.

General Musa reminded all field commanders of President Bola Ahmed Tinubu’s mandate to the Armed Forces and the tasks at hand. He urged the commanders not to relent in guaranteeing national security and the safety of all Nigerians.

In his remarks, the acting Chief of Army Staff, Major General Olufemi Oluyede, expressed gratitude to President Bola Ahmed Tinubu for finding him worthy of the appointment and prayed for the speedy recuperation of the COAS, Lieutenant General Taoreed Lagbaja.

The Ag COAS solicited support from all personnel of the Armed Forces and Nigerians in general, in tackling the security challenges bedeviling the country. He pledged his loyalty to the Commander In Chief of the Armed Forces and the Constitution of the Federal Republic of Nigeria.

Highlight of the event was the formal handover of Army Command flag by the CDS, General Christopher Musa to the acting Chief of Army Staff.

Until his appointment, Major General Olufemi Oluyede served as the 56th Commander of the Infantry Corps of the Nigerian Army in Jaji, Kaduna.

A member of the 39th Regular Combatant Course of the prestigious Nigerian Defence Academy, Major General Oluyede was commissioned into the Nigerian Army as a Second Lieutenant in 1992 and rose steadily to the enviable rank of Major General in September 2020. His illustrious career traverse various command, staff and instructional appointments such as Platoon Commander, Adjutant, Company Commander, Brigade commander, and General Officer Commanding, amongst several other appointments.

He has participated in several operations, including the Economic Community of West African States Monitoring Group (ECOMOG) Mission, Operation HARMONY IV in Bakassi and Operation HADIN KAI in the North East theatre of operations, where he commanded 27 Task Force Brigade and Sector 2.

Major General Olufemi Oluyede also earned several honours and awards for his meritorious service in diverse fields of operation.

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Lagos 2027: Jandor Picks APC Forms to Contest Guber Election

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The campaign team of Olajide Adediran, popularly known as Jandor, has announced that their leader, who is Governorship aspirant, has formally purchased the Expression of Interest and Nomination Forms of the All Progressives Congress ahead of the 2027 general elections in Lagos State.

The development was disclosed in a press statement issued on Wednesday by Gbenga Ogunleye, spokesperson for the Jandor campaign organisation, marking a significant step in Adediran’s bid to contest for the state’s top office.

According to the statement, the move underscores Adediran’s commitment to due process and strict adherence to the party’s internal democratic procedures.

The governorship aspirant also reiterated his alignment with the party’s decision to adopt direct primaries for all elective positions, expressing optimism that the process would enhance grassroots participation, strengthen unity within the party, and promote inclusiveness in the emergence of candidates.

Jandor further reaffirmed his loyalty to the National Leader of the APC and President of Nigeria, Bola Ahmed Tinubu, while also paying tribute to party leaders in Lagos State for their continued guidance and commitment to progressive ideals.

While appreciating endorsements received from several party leaders and stakeholders, Jandor acknowledged the rights of others to support different aspirants, describing such diversity as a reflection of a healthy democratic culture within the APC.

He also extended gratitude to members of the JAGABAN–JANDOR 2027 Movement, young Lagosians, and supporters who contributed financially towards the purchase of the nomination forms, commending their dedication and belief in his leadership capacity.

Jandor assured party members and residents of Lagos State that his governorship ambition is rooted in unity, inclusiveness, and a commitment to sustaining and advancing good governance under the APC platform.

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2027: Lagos APC Guber Aspirant Rejects Hamzat As Consensus Candidate

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All Progressives Congress (APC) governorship aspirant in Lagos State, Samuel Ajose, has declared that the endorsement of Deputy Governor Obafemi Hamzat as the next governor by Governor Babajide Sanwo-Olu and the Governance Advisory Council (GAC) will not stand.

GAC, regarded as the highest decision-making body of the All Progressives Congress in Lagos State, endorsed Hamzat, as its consensus candidate for the 2027 governorship election.

The decision was reached during a closed-door meeting held at Lagos House, Marina, indicating an early alignment within the ruling party ahead of the next electoral cycle.

Speaking after the session, GAC leader, Tajudeen Olusi, said members unanimously agreed on Hamzat, expressing confidence in his ability to sustain and build on the state’s developmental progress.

Olusi explained that the meeting was convened to deliberate on the party’s forthcoming primaries and assess the governorship position ahead of the 2027 elections.

Speaking about the GAC adoption of Hamzat as Lagos APC consensus 2027 governorship candidate on Arise News on Tuesday, Ajose said that Sanwo-Olu and others are trying to force President Tinubu into making a decision.

“I don’t think our president, Asiwaju Bola Ahmed Tinubu, is giving in to what they are doing.

“What they are just trying to do is to coerce him into taking a decision, and I don’t think that decision will stand.”

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Reps Approve Tinubu’s Fresh $516.3m Loan Request

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The House of Representatives has approved President Bola Tinubu’s request to borrow Five Hundred and Sixteen Million, Three Hundred and Thirty-three Thousand, seven ($516,333,007) US dollars in syndicated financing from Deutsche Bank AG.

The House approved it during the plenary on Tuesday in Abuja after the presentation of a report by the deputy chairman of the House Committee on Aids, Loans, and Debts Management, Abdullahi Rasheed.

The money is expected to fund the construction of sections of the Sokoto–Badagry Super Highway.

President Tinubu wrote to the lawmakers, seeking a $516.3 million loan from Deutsche Bank to support the construction of the road.

The president said the loan, to be sourced from a syndicated financing facility by Deutsche Bank, will fund sections 1, 1A, and 1B of the project, which covers about 120 kilometres.

Tinubu requested a resolution in line with Sections 16 and 21 of the Debt Management Office (Establishment) Act, 2011, to enable the federal government to secure the financing for Sections 1, Phase 1A, and Phase 1B of the project.

The project is a flagship initiative of Tinubu’s Renewed Hope Agenda and is targeted at enhancing national connectivity, improving the movement of goods across key economic corridors, and drastically shrinking travel time.

The 1,000-kilometre project will link Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, connecting Illela to Badagry.

According to him, the financing arrangement will be backed by a partial risk guarantee from the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC).

He said the Federal government will provide counterpart funding of over N265 billion for land acquisition, compensation, and related infrastructure.

The former Lagos governor said the loan is structured for nine years and includes a three-year grace period.

It has an interest rate pegged at the Chicago Mercantile Exchange SOFR plus 5.3 per cent per annum.

Already, the Federal Executive Council has approved the financing plan.

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