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N200bn Indebtedness: The Reason Behind Andy Uba’s Desperation to Access Anambra Treasury and Why He Must Be Stopped

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By Emeka Anene

Andy Uba has the sort of desperation and indebtedness that is dangerous for Anambra State and its future prosperity. When a governorship candidate is so obviously drowning in debt and bank foreclosure, history shows that trusting such a person with the treasury of the state is an open cheque for the politician to raid the state’s treasury and impoverish the state and its citizens.

Anambra cannot afford to fall to Andy Uba because it will set Anambrarians back 50 years at least.

Recall when Mr. Andy Uba was governor for 17 days in 2007 before the Supreme Court invalidated his win and extended the tenure of Peter Obi until 2010; within 17 days Mr. Uba was said to have sold off key assets of the state including the state-owned Ikenga Hotel Royale.

It is even alleged that he sold it to himself for the paltry sum of N5 million, effectively stripping the state of an asset for his own gain.

As things stand now, Mr. Uba owes Heritage Bank billions of Naira, up to N50 billion Naira when you factor in interest, and he has been evading the bank’s effort to recover the loan. Although, reports suggest that altogether Mr. Andy Uba may be indebted to the tune of N50 billion. The sum is so significant and long-standing that if unpaid it threatens to sink the bank and cause the mass loss of jobs.

While Mr. Andy Uba is personally broke, reports indicate that his campaign is also not well funded. He is hoping on money from APC governors who have been levied N500 million each for Mr. Uba’s campaign, but so far only Hope Uzodinma, the Imo State governor has given him N40 million for his campaign. Governor Hope Uzodimna is making this investment with the hope of turning Anambra into Imo State which is controlled by Fulani elements, and Buhari’s cabal.

Regardless of how much Mr. Uzodinma invests in Mr. Uba’s election, Anambra State is an entirely different landscape and cannot become what Mr. Uzodimna is turning Imo State into. Anambrarians should not stand for it and demonstrate their resistance by voting against Mr. Andy Uba in the November 6 governorship poll.

Currently, Mr. Andy Uba is trying to sell some of his properties to raise money for his election; he is frantic because he is not getting the support; financial and otherwise from APC. Minister of Transport, Rotimi Amaechi is not supporting Mr. Uba. Amaechi is disenfranchised after his prefered candidate, George Moghalu was rigged out of the ticket by Uba and his collaborators in the ruling party.

In addition, the APC governorship aspirant challenging the legitimacy of Mr. Uba’s candidacy in court, George Moghalu is Mr. Amaechi’s candidate and so it’s a no-brainer. Mr. Andy Uba is not getting support from APC bigwigs and APC governors are not putting money into Mr. Uba’s campaign.

It is also ironic that Mr. Andy Uba is getting people to decamp to APC by promising them large sums of money since he is unable to pay them upfront. He has promised some N500m and some others N300m. There are two issues here; one is that he does not have a track record of paying his debts; they should ask Heritage Bank if they will see any kobo from the money he has promised them. (They should also ask former and current staff of the Indepedent National Electoral Commission (INEC) who grumble over promises unkept by Andy Uba in previous elections.)

This raises a further issue raised earlier about Mr. Uba’s plan to raid Anambra’s treasury to settle his huge debts should he win the election. He is not a good choice for Anambra because the state needs a visionary leader who has a good track record of leadership, and a clear plan to advance Anambra along the pathway of growth and prosperity.

Emeka Anene is a political analyst who writes from Awka, the capital of Anambra State

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Metro

Coup: ECOWAS Suspends Burkina Faso

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The West African bloc Economic Community of West African States has suspended Burkina Faso from its governing board on Friday.

This is coming as an aftermath of mutinous soldiers who forced democratically elected President Roch Marc Christian Kabore to resign.

This makes Burkina Faso the third member nation after Mali and Guinea to be punished for a military takeover in only 18 months.

On Monday, the soldiers went on state television to announce their military takeover of the country, which they said was under siege from armed groups. The military rulers said Kabore failed to stop the violence that led to the death of thousands of their citizens.

At the meeting where African leaders met virtually on Friday to discuss the Burkina Faso coup, it was stated that a delegation was expected to travel to the Burkinabe capital, Ouagadougou, in the coming days.

Ghanaian President Nana Addo Dankwa Akufo-Addo, the current ECOWAS chairman, called the recent spate of coups in West Africa “a direct violation of our democratic tenets. The rest of the world is looking up to us to be firm on this matter.”

The leaders are scheduled to meet next on February 3 in Accra, Ghana.

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Akeredolu Appoints Amotekun Commander, Adeleye, As Special Adviser on Security Matters

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Ondo State Governor, Arakunrin Oluwarotimi Akeredolu SAN, has approved the appointment of Chief Adetunji Adeleye as Special Adviser on Security Matters.

A statement signed by the Chief Press Secretary to the Governor, Richard Olatunde, noted that the appointment takes immediate effect.

Chief Adeleye, who until the new appointment, was the Commander of the Ondo State Security Network (Amotekun Corps), will however, continue to function in that capacity.

The appointment, the statement noted, is part of the efforts of the Governor Akeredolu to further strengthen the security arrangements of the state, and improve the working relationship between government and security agencies in the state.

While congratulating the new appointee, Akeredolu charged him to double efforts in the fight against crime and criminal elements in the state.

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Olashore School Inaugurates Panel As Ex-Student Accuses Management of Complicity, Cover-Up

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The Trustees of Olashore International School Association – Proprietor of Olashore International School (OIS), a private co-educational boarding secondary school in Iloko-Ijesha, Osun State, has inaugurated a Five-member panel of inquiry into an alleged sexual assault claim by an ex-student of Olashore International School Obiamaka Azubuike.

Ms. Azubuike had in December 2021 via a social media post alleged that she was 18 years ago sexually assaulted by 13 of her fellow students in the school. Azubuike who was a student of the school between September 1998 and July 2004 also in her allegation claimed that the school tried to cover up the incident when the case was reported to the school’s management and striped her of her prefectship.

The Five-man panel of inquiry is composed of the following members:
1)Justice Olusola Williams Rtd – Retired Judge of the Lagos High Court and serves on the Board of Mirabel Centre – Chairperson
2)Dr Alero Roberts – Lecturer, Public Health Consultant and serves on the Board of Corona Trust Council
3)Mrs Adeyinka Adefope – Educationist and Safeguarding Consultant
4)Dr Sade Olajubu – Forensic Psychiatrist
5) Mr Ebuka Ekeanyanwu – Legal Practitioner

The ex-student in her claims among other reliefs is demanding that;
• The school makes a publicly apology to her in print and on social media.

• Reinstate the records to show that she was a school prefect in the school and also grant a zoom ceremony where she will be awarded the honors she allegedly earned.

According to a statement issued by Mrs Olapeju Sofowora, Chairperson, Olashore International School Association, the panel which was inaugurated by the Association’s Board of Trustees is charged to examine what truly transpired 18 years ago and make recommendations as considered fit.

The panel is expected to commence sitting immediately and conclude their inquiry within 8 weeks.

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