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STELLA ODUAH’S MULTI-MILLION PROPERTIES ROT IN LAGOS

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Before she got her big move to the Federal Capital Abuja, former Aviation Minister, Princess Stella Oduah was a typical businesswoman who was toiling hard but making good money from her outfit, Sea Petroleum and Gas (SPG).

However, it seems those good old days are gone forever because Princess Oduah is now an Abuja power broker who has certainly moved to greater things and abandoned her Nmulti-million office, tankers and exotic cars inLekki, Lagos-and they are roting away!

Located along the Lekki –Epe Expressaway, insiders revealed that the building complex which has several building used to be a beehive of activities when she was holding court but that is now a thing of the past as it is completely dead-taken over by reptiles and wild weeds.

Society Reporters gathered that for some years, she leased the property to Chevron Nigeria and they used it for a while after which the American Oil major left it-and since then, three years ago, it has been under lock and key and not seen any new occupant.

abandoned property

We gathered from a property expert that rents on the buildings could have been generating millions and if we add what the many tankers would have been raking daily, it means the loses are indeed colossal.

Princess Oduah who had to be relieved of her position following a scandal over the purchase of two BMW bullet-proof, is reportedly back at her office in Neighbour to Neighbour, getting ready to coordinate the re-election campaign of President Goodluck Jonathan.

Neighbour to Neighbour, a well-oiled and funded machinery deployed different strategies that enhanced the campaign and eventual victory of the President Jonathan at the last presidential elections.

And as it is the norm all over the world, in appreciation, while Princess Oduah got the position of Minister of Aviation, the former helmsman of the organisation, Mike Omeri was appointed to replace Alhaji Idi Farouk as the Director-General, National Orientation (NOA)

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INTERNATIONAL DAY OF MENSTRUAL HYGIENE – ELEGUSHI FOUNDATION DONATES SANITARY PADS TO 2000 SCHOOLGIRLS

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International Day of Menstrual Hygiene, observed annually on May 28th, is dedicated to breaking taboos and raising awareness about the importance of good menstrual hygiene management (MHM).

The day provides an opportunity for all stakeholders to highlight the importance of menstrual care, and raise awareness about the issues faced by those who don’t have access to menstrual products, safe, hygienic spaces in which to use them, and the right to manage menstruation without shame or stigma.

In celebration of this year menstrual hygiene day and in continuation of its tradition of donating sanitary pads to young girls, the Oba Saheed Elegushi Foundation donated sanitary pads to 2000 secondary schoolgirls in Lagos State.

The distribution, which was done in collaboration with the Lagos Island Maternity Hospital, underscores the importance of community collaboration in addressing menstrual hygiene challenges and demonstrates the power of joint efforts in creating lasting change in young girls.

Speaking at an event to mark this day, Executive Director of the foundation, Aiki Odiawa said the collaborative effort with Island Maternity Hospital is essential to extend the reach of the program, ensuring that every girl in need receives adequate menstrual hygiene products. By pooling resources and expertise, we can also develop comprehensive educational campaigns that address menstrual health and advocate for policies that support this critical aspect of women’s health.

She added that in the last one year, more than 200,000 girls have benefitted from the sanitary donation, which the Elegush i foundation embarks on a monthly basis to young schoolgirls within Ikate-Elegushi kingdom.

The Apex Nurse of Island Maternity Hospital, Mrs Oluwatoyin Champion thanked the foundation for the donation of the sanitary pads, saying that every girl of adolescent age have access to hygienic menstrual cycle.

Over 2000 schoolgirls from Eko Akete Junior Secondary School, Lagos Island, Ilasan Secondary School, Eti-Osa, Gbara Secondary School, Jakande, Eti-Osa and Girls Academy, Lagos Island, benefited from the initiative.

 

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Emefiele didn’t get approval to redesign naira – Ex-CBN director

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The trial of the immediate-past Governor of the Central Bank of Nigeria, Godwin Emefiele, continued on Tuesday with a former Director of Operations at the apex bank, Ahmed Umar, telling the court that the naira redesign embarked upon by Emefiele late 2022 did not have the approval of the Committee of Governors.

The Economic and Financial Crimes Commission had on May 15 arraigned Emefiele before Justice Maryanne Anenih of the Federal Capital Territory High Court on charges bordering on alleged unlawful redesign and printing of the new naira notes.

In the charge marked CR/264/2024, the EFCC alleged that Emefiele carried out the naira redesign policy without the approval of the CBN Board and President, Buhari.

The anti-graft agency said without the approval of the CBN Board and the President Muhammadu Buhari, Emefiele spent N18.96bn for the printing and swapping of new naira notes worth N684.5m

It alleged that Emefiele, “knowingly disobeying the direction of Section 19 of the CBN Act, 2007” approved “the printing of N375,520,000.00 pieces of colour swapped N1,000 notes, at the total cost of N11,052, 068,062 without the recommendation of the Board of Central Bank and the strict approval of the President, Federal Republic of Nigeria, among other things.”

At the trial opening on Tuesday, the EFCC fielded ex-CBN Director of Operations, Umar, as its first witness.

Led in evidence by the EFCC prosecutor, Rotimi Oyedepo (SAN), Umar told the court that his department in 2022 was directed to come up with the new design for the naira.

“The management of CBN directed my department to come up with a memo on the design of the naira note sometime in August 2022.

“We prepared the bill with the Committee of Governors and passed it through the line Deputy Governor Operations, which he forwarded to the Governor and it was listed for consideration by the Committee of Governors.”

The ex-director, who told the court that he joined CBN 35 years ago and retired in July 2023, explained that the Committee of Governors comprised five members, including the CBN Governor as chairman.

The witness told the court that the naira redesign memo was presented to the Committee of Governors for their consideration/ review on October 26, 2022, but the committee did not approve it.

Umar said, “We humbly requested the implementation of the amendment. (But) the extract from the COG did not approve item one and item three. While item two was modified to include N200 denomination, the proposal for the exercise in 2023 wasn’t approved by the COG.

“The procedure requires the Board of Directors to recommend to the President for design and form.

“The design shall be contained in the currency after the approval of the President then the production of the currency will commence.”

Justice Anenih, admitted in evidence, the Certified True Copy of the memorandum filed by the Operations Department and marked it as Exhibit A.

The EFCC, in the charges, accused Emefiele of spending N4.4bn to print “coloured swapped N500 notes.”

According to the EFCC, Emefiele spent N3.4bn to print “137,070 pieces of coloured N200 notes.”

The EFCC said Emefiele carried out the alleged actions between October 2022 and March 2023 in Abuja in clear violation of Section 19 of the CBN Act.

The EFCC alleged that Emefiele disobeyed the direction of the law with the intent to cause injury to the public with the manner in which he implemented the naira swap policy.

Emefiele was also accused of unlawfully approving the withdrawal of N124.8bn from the Consolidated Revenue Fund of the Federation.

The ex-apex bank chief, however, denied all the allegations, pleading not guilty.

 

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TROUBLE LOOMS FOR CULTURE MINISTER, HANATU MUSAWA, OVER N290M STREET LIGHT PROJECT

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The Minister of Art, Culture and the Creative Economy, Hannatu Musawa is at the center of yet another scandal.

This time, she was accused of voting 290 million naira for street lights to be located in her local government and if not properly handled might culminate into a major crisis.

According to an article published by Daily Trust Newspapers on
May 22, 2024, the Ministry of Culture voted 290 million naira for street lights to be located in Minister Hanatu Musa Musawa’s local government.

While reacting to Daily Trust article, the permanent secretary of the ministry, Mr James Sule, said the project was a strategic one but industry watchers are peeved that the Perm Sec did not disclose the cultural jobs, culture attractions and the emerging innovations that the project will contribute to gross Domestic productivity of the nation.

The minister was also alleged to have budgeted a whopping sum of three billion naira for culture research and development in her 2024 budget.

Sources squealed that prior to this current scandal rocking the ministry, Musawa had used her appointees to falsely lay claim to culture projects done by the immediate past administration and now have resorted to deploy a tested technocrat like her permanent secretary to accuse Daily Trust of alleged misinformation on the budgeted solar lights to be domiciled her local government.

A staff of the ministry who spoke on the condition of anonymity said “If all our ministers, agency heads, and legislators now compete to domicile constituency projects exclusively in their local governments, other areas in Nigeria that did not produce ministers will end up with nothing, no roads, lights, railway, hospitals, airports and etc. What a clever way to practice nepotism and misappropriation in the name of budgeting for constituency projects”

It would be recalled that Musawa was embroiled in NYSC status scandal.

This started about three years ago when Musawa could not provide evidence of national service to senators during the screening for an appointment she was nominated for by former President Muhammadu Buhari.

But the controversy resurfaced when following the confirmation by the management of the NYSC that Ms Musawa, who was inaugurated as Minister by President Bola Tinubu, was still undergoing her national youth service.

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