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We Are Ready for Genuine Reconciliation – Kashamu
A leader of the Peoples Democratic Party in Ogun State who was also its gubernatorial candidate in the 2019 elections, Senator Buruji Kashamu, has stated that he is ready to reconcile and work with aggrieved members of the party in the state to ensure its success.
Kashamu, who stated this in a statement he released on Thursday in Lagos as a follow up to the earlier one released on April 14, 2020, called on all aggrieved members of the party to come together to forge a strong front.
According to him, “I have the mandate of all the altruistic leaders and elders of the party in Ogun State to declare once again that we are willing, ready and available for genuine reconciliation that will reposition our party and move it forward.
“Let me also publicly declare that I have no interest in any elective position, including the governorship and therefore have no reason to oppose the ambition of any member of the party aspiring to be governor of the state because I know that all powers belong to the Almighty Allah. My fight has always been against illegalities, injustice and imposition.”
The former legislator also reiterated his willingness to cooperate with national and zonal leaders of the party to strengthen the opposition party.
He said, “It should also be borne in mind that the PDP as well as our respectable national and zonal leaders belong to all of us. While trying to protect our various interests, we may have roughened feathers in the past. But, that does not mean we cannot bury the hatchet and move ahead. As it is said, ‘to err is human and to forgive is divine’. Henceforth, we will all be attending meetings called by the national and zonal leadership of our party in order to forge a more united front.”
Senator Kashamu in his reaction to the allegations leveled against him by the suspended state party chairman and secretary, Chief Bayo Dayo and Semiu Sodipo respectively, described the allegations as a product of confused minds.
He said having worked for the success of the party at the state, zonal and national levels, he could not now work against the interest of the party. He described those behind the allegations as men “ruled by the gods of their stomachs.”
According to him, the duo had lost their powers to speak on behalf of the party having been suspended by the proper organs of the party.
He said, “It is most ludicrous that Engr. Adebayo Dayo and Semiu Sodipo who are parading themselves as genuine members of the Ogun State PDP Executive Committee recently suspended each other at different times. While the Dayo-led State Exco suspended Sodipo on the 28th of February, 2020; Sodipo and former members of the State Exco suspended Dayo on the 29th of February, 2020. Dayo’s suspension was even ratified by the South West Zonal Committee of our great Party on the 3rd of March, 2020. Afterwards, Dayo’s fate was literally sealed on the 26th of March, 2020 when he was suspended by the authentic State Executive Committee of our party – the same State Exco members that sat with him to suspend Sodipo in the first instance. How then can he now turn round to deny the same Exco?
“Indeed, Dayo in a letter dated 3rd of March, 2020 to TRLP Law firm, listed the names of the authentic Ogun State PDP Executive Committee. He also attached several letters which showed former state officers who either resigned to contest elections or left for another party and were subsequently replaced. Some of the letters were jointly signed by Dayo and Sodipo while others were signed by either of them. All these facts have been deposed to in affidavits filed in Suit No. FHC/AB/CS/24/2020 in a case instituted by Dayo (in his capacity as the then Chairman) alongside other members of the State Executive Committee.
“For Dayo, Sodipo and their co-travellers to be claiming that they are the authentic State Exco shows the level of their desperation, deceit and fraudulent tendencies which are geared towards causing chaos in Ogun State. This has now become a matter for investigation by the relevant security agencies.”
News
2027: Lagos APC Guber Aspirant Rejects Hamzat As Consensus Candidate
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.”
News
Reps Approve Tinubu’s Fresh $516.3m Loan Request
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.
News
EFCC Arrests Ex-Skye Bank Chair, Tunde Ayeni over Nbillions Fraud Allegations
Operatives of the Economic and Financial Crimes Commission have arrested a former chairman of defunct Skye Bank Plc, Tunde Ayeni, over alleged money laundering, misappropriation and diversion of funds amounting to N36.54bn and $30m.
Ayeni, a businessman, was arrested in Abuja on Thursday, and is currently being held at the commission’s facility.
The arrest followed an EFCC probe into alleged misappropriation and diversion of funds said to have been obtained from Polaris Bank through multiple entities linked to him.
“Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested a former board chairman of defunct Skye Bank Plc and businessman, Tunde Ayeni, in connection with alleged money laundering, misappropriation and diversion of funds to the tune of N36,540,058,400.00 and $30m.
“Ayeni was arrested sequel to the investigation of the EFCC into alleged misappropriation and diversion of funds to the tune of N36,540,058,400.00 and $30m obtained from Polaris Bank Plc by different entities linked to him.
“The funds were loans obtained allegedly for specific investment projects but subsequently transferred to other entities’ accounts. Investigations showed that, though the loans were obtained for purposes such as finance of marine security activities, electricity distribution contract, estate development, they were diverted to the NITEL/MTEL asset acquisition through NATCOM account,” one of the sources said.
Another source said the commission is currently probing 12 companies allegedly linked to Ayeni, which it said were used to obtain the loans from Polaris Bank.
“Twelve different companies linked to Ayeni are being investigated by the EFCC. They are entities he allegedly used to obtain loans from Polaris Bank for his shady activities. The loans are depositors’ funds fraudulently obtained and frittered into diverse wasteful purposes. Ayeni will be arraigned in due course upon conclusion of investigations,” the source said.
When contacted, EFCC spokesman Dele Oyewale confirmed the arrest but declined to give further details.
The Punch






