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Lagos Governorship Race Gets Tougher As Oba Akiolu Endorses Ambode



The race to Alausa on the platform of the All Progressives Congress (APC) for the 2015 poll took an interesting dimension on Thursday, as the Oba of Lagos, Oba Rilwan Osuolale Akiolu, openly endorsed the candidature of former Accountant-General, Mr Akinwumi Ambode, declaring that he (Ambode) was the choice of God, his and elders in the state as the next Lagos State governor.

The first class traditional ruler, who made it clear that he was fearless and quite bold, gave the endorsement at a book launch in honour of the APC governorship candidate, which took place at the Civic Centre, Victoria Island, Lagos.

The event was attended by Dr Arthur Warrey, who represented the national leader of APC, Senator Bola Ahmed Tinubu; the Secretary to the State Government (SSG), Dr (Mrs) Idiat Oluwaranti Adegbure, who represented Governor Babatunde Fashola; Dr Yemi Osibajo, Senator Fashinro, Alhaji Akeem Seriki (Bamu), Mr Ayo Opadokun; traditional rulers, including Oba Adewale Bakare Elegunshi, the Alara of Ilara, Oba Hakeem Adesanya, among others.

Speaking at the event, Akiolu, who noted that only God chooses leaders and that the APC would still hold its governorship primaries, however, vowed that no non-indigene, no matter how highly placed, would rule over him as governor of Lagos.

“For me, Osuolale Aremu, a son of an Ewekoro traditional ruler, will not come and become a governor where I am. I am not afraid to say that and I don’t hide my feelings,” he vowed.

Ambode and Oba Akiolu At the book launch

This is just as he debunked the rumour doing the rounds that Ambode was not from Epe in Lagos but Ilaje in Ondo State, declaring that the APC governorship aspirant was not an Ilaje but a true Lagosian.

Speaking on the occasion, the APC National Leader, Senator Bola  Tinubu, lauded Ambode for what he described as his financial wizardry put into use during the time the funds of Lagos was seized by the Federal Government, saying it was about good and accountable leadership.

Tinubu also said it was about sacrificing one’s comforts for the growth and development of the state.

The monarch spoke extempore and text of his speech reads: “Only God chooses leaders. You will still go for your party primaries to pick your candidate, but what God and elders say must be held sacrosanct. When you see a weedling dancing on water, what is making it do so is underneath. I have not been found often coming out to speak outside, it is an Oba that we crown not age.

Recall that there have been reports lately that Ambode has been chosen by a National Leader of the All Progressives Congress, APC, Bola Ahmed Tinubu, to take over the mantle of leadership from the present governor, Babatunde Raji Fashola, in 2015.

It was sometimes reported to be enmeshed in paternity mess with allegation of impregnating one Biola who bore him a son. Ambode was reported to have abandoned both mother and child.

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Controversial Sterling Bank caught in the act! CBN sanctions, parades officials for hoarding new naira notes [VIDEO]




Officials of the Central Bank of Nigeria (CBN) have discovered N6 million of the new naira notes hoarded in Sterling Bank Plc, Ado Ekiti branch on Bank Road, Ado Ekiti in Ekiti State, having received the funds for over two weeks, THE WITNESS reports.


In a trending video on social media, seen by THE WITNESS, a man who identified himself as Oluwole Owoeye, a deputy director of CBN, while monitoring the distribution of the new naira notes in the state, was seen questioning the bank officials as to why they have not uploaded the funds into their Automated Teller Machines, (ATMs), despite having six of the machines in place.


The CBN director also announced a fine of N1 million for each day the fund was in the bank’s custody.


The CBN official said, “I am currently at Sterling Bank, on Bank Road as part of the new naira notes monitoring compliance with the guidelines by CBN. They have N6 million, which they collected from the bank for almost two weeks, they have not disbursed any. They said they are yet to configure their ATMs, I do not know why that and I have brought attention to the penalty clause of N1 million per day, because they have five ATMs here, they have no reason for keeping this money.


“The zonal service manager, Tunde Onipede promised that by 10:00am latest tomorrow (Monday), because I told him by latest 10:00 am I’ll be here and I want to see the machine dispensing this money.


“What is the name again? Olumide Owolabi (Service Manager, Ado) & Motunrayo Babayele. My name is Oluwole Owoeye and I am a deputy director of CBN.”



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FCMB Manager Arrested For Hoarding New Naira Notes



A manager of the First City Monument Bank (FCMB) branch in Osogbo, Osun State capital, has been arrested for allegedly preventing Automated Teller Machines (ATMs) loaded with cash from dispensing money to customers.

The spokesperson of the Independent Corrupt Practices and other related offenses Commission (ICPC), Azuka Ogugua, in a statement on Friday said the cash bundles were loaded into the ATMs while still wrapped, and as such, could not be dispensed through the machines

“The ICPC Compliance Team in Osogbo has busted an FCMB in Osogbo, Osun State, where some ATMs were loaded with cash with their wrappers un-removed, thus preventing the cash from being dispensed.

“The Team, therefore, directed that the wrappers be removed, and the cash loaded properly’.

Similarly, seven Point of Sale (POS) operators as well as a security guard were arrested during the ongoing exercise in Osun State for charging exorbitant commissions for cash.

Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

The arrested persons are helping the Commission with information to assist investigations and bust any syndicates involved in the hoarding or sales of the redesigned notes.


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New naira: ICPC arrests Stanbic IBTC Bank manager over sabotage



The Independent Corrupt Practices and other related offences Commission (ICPC), has arrested an official of Stanbic IBTC Bank in Abuja for alleged sabotage.

The ICPC spokesperson, Azuka Ogugua, said the development was in continuation of ICPC’s clampdown on elements frustrating efforts in making the redesigned Naira notes available to members of the public.

The bank official, who is the branch service head of Stanbic IBTC Bank, Deidei Branch in Abuja, was taken into custody for her deliberate refusal to upload cash into the branch’s Automated Teller Machines (ATMs) even when the cash was available and people were queuing at the ATM points.

The statement reads: “When the ICPC monitoring team stormed the bank at about 1:30pm on Friday to ensure compliance, and demanded explanation as to why all the ATMs were not dispensing cash, the team was informed by the branch’s head of operations that the bank just got delivery of the cash.

“However, facts available to the ICPC operatives indicated that the branch took delivery of the cash earlier around 11:58am and either willfully or maliciously refused to feed the ATMs with the cash.

“Against this backdrop, the ICPC team compelled the bank to load the ATMs with the redesigned Naira notes and ensured that they were all dispensing before arresting the culprit.

“The ICPC said investigations were still ongoing and the Commission will take appropriate actions as soon they are concluded.

“Similarly, seven Point of Sale (PoS) operators as well as a security guard were arrested during an ongoing exercise in Osun State for charging exorbitant commissions for cash.

“Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

“The arrested persons were helping the anti-graft commission with information to assist investigations and bust other syndicates involved in the hoarding and sales of the redesigned Naira notes,” the anti-graft agency said.


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