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Nelson Ugwuagbo

Nelson Ugwuagbo

Headlines

Supreme Court Verdict: Gov Sanwo-Olu’s Election Validated, Deputy Confirmed as Nigerian by Birth

by Nelson Ugwuagbo January 12, 2024
written by Nelson Ugwuagbo

The Supreme Court of Nigeria has dismissed the appeal filed by the Labour Party(LP), challenging the election victory of Governor Babajide Sanwo-Olu of Lagos State.

The apex court chaired by Justice Inyang Okoro held that a Nigerian by birth can contest for election and such person cannot be stopped for holding dual citizenship.

Olajide Adediran, alias Jandor of the People’s Democratic Party(PDP), also challenged the governor’s election.

The electoral issues raised against the governor pertain to the certificates Sanwo-Olu tendered to the Independent National Electoral Commission (INEC) before the governorship election.

The appeals were entered by the Labour Party and its candidate, Gbadebo Rhodes-Vivour, and Adediran of the PDP.

The duo had asked the apex court to set aside the judgment of the Court of Appeal, Lagos Division, which affirmed the victory of Governor Sanwo-Olu.

A three-man appellate court panel, led by Justice Yargata Nimpar, unanimously dismissed the two separate appeals filed by Jandor and Rhodes-Vivour for lacking in merit and for failure to prove the facts of their case.

The panel, while dismissing the appeals, held that Jandor was constitutionally disqualified from challenging the APC primaries that produced Sanwo-Olu, having not been a member of the APC.

“The appellant was a meddlesome interloper in challenging the emergence of Messrs Sanwo-Olu and Hamzat at the primary exercise of their party, All Progressives Congress; the appellant was neither an aspirant nor a member of the APC,” the appeal court held while affirming the decision of the Lagos State Governorship Petition Tribunal.

Disagreeing with the appeal court, the LP candidate and Jandor appealed to the Supreme Court and arguments were taken from lawyers.

The legal team representing LP and PDP asked them to sack the governor on the grounds of non-compliance to the Electoral Act and for not winning a majority of lawful votes cast.

They contended in open court that the governor did not submit his WAEC certificate in his Form EC9 submitted to the Independent National Electoral Commission.

The LP candidate also urged the apex court to hold that the dual citizenship of the governor’s deputy, Femi Hamzat, disqualified him from running for elections.

On his part, the counsel to the governor, Wole Olanipekun, a Senior Advocate of Nigeria, urged the court to dismiss the appeals and agree with the findings of the lower courts.

Olanipekun said the appellants, right from the tribunal, only challenged alleged variations in names in his client’s certificate.

The senior lawyer added that previous apex court decisions do not equate name variations on certificates with forgery.

Reading the lead judgment on Friday, Justice Mohammed Garba said as can be easily discerned from constitutional provisions and judicial precedent, the 1999 (179 and 182) constitution clearly states that a Nigerian by birth can aspire for any election in Nigeria.

Garba added that Section 28 of the 1999 Constitution on dual citizenship
states that a person shall forfeit forthwith his Nigerian citizenship if, not being a citizen of Nigeria by birth, he acquires or retains the citizenship or nationality of a country, other than Nigeria, of which he is not a citizen by birth.

The judge held that a person who is a citizen of Nigeria by birth and has not renounced his citizenship, can aspire for election in Nigeria even if acquires the dual citizenship of another country.

The judge further held that the LP and its candidate did not provide evidence to show that the deputy governor renounced his citizenship of Nigeria while obtaining that of the United States.

“I find that the Appeal Court was quite right in affirming the decisions of the Tribunal. This appeal is lacking in merit and is hereby dismissed,” the judge said in a unanimous decision.

INEC had declared Sanwo-Olu the winner of the election with 762,134 votes.

Rhodes-Vivour got 312,329 votes while Jandor had 62,499 votes.

January 12, 2024 0 comments
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Business

Mike Adenuga Reclaims the Title of Nigeria’s Second-Wealthiest Individual

by Nelson Ugwuagbo January 11, 2024
written by Nelson Ugwuagbo

Telecom billionaire Mike Adenuga has regained the position of Nigeria’s second-richest person with a net worth of $7.4 billion, surpassing Abdul Samad Rabiu, who is now in the third position.

Forbes re-evaluated the worth of Adenuga’s mobile phone network, Globacom, contributing to the surge in his wealth. Initially, Adenuga had slipped to the third position due to a considerable drop in his net worth. However, the recent reassessment by Forbes restored him to the second-richest position in Nigeria, just behind Aliko Dangote.

Earlier in June 2023, Adenuga faced a significant decline in net worth, dropping to $3.6 billion, influenced by factors such as the unification of the naira and a downturn in the performance of his stake in Conoil.

Chairman of Conoil and founder of Globacom, Adenuga’s net worth has experienced fluctuations, reaching $7.3 billion in 2022 and a peak of $10 billion in 2015.

Despite his billionaire status, Adenuga’s career has encountered challenges, including a recent partial disconnection of Globacom by MTN over interconnect debt.

Globacom Ltd. disputes any outstanding interconnect charges owed to MTN, asserting that the purported N1.6 billion had been paid without dispute.

Reflecting on 2006, Adenuga faced scrutiny from the Economic and Financial Crimes Commission (EFCC) over a money laundering case, leading to his implication and detention. He chose to leave the country and reside in London until late President Umaru Musa Yar’Adua granted him a pardon.

In June 2016, new challenges arose as Adenuga was pursued for a debt exceeding $140.5 million by foreign and local entities. Conoil, under Adenuga’s ownership, defaulted on payments to creditors, including Total. Another company, Bellbop, faced a court injunction for failing to settle a $9.4 million debt to Baker Hughes.

Adenuga’s financial struggles affected creditors, leading to operational issues for companies like Depthwize, a local oil servicing company, which had to lay off workers and suspend services on Conoil’s rigs due to a $40 million debt.

Despite challenges, Adenuga remains committed to philanthropy. The Mike Adenuga Foundation allocates nearly $20.5 million in scholarships and aid annually, supporting students worldwide. In 2011, he donated N500 million to aid flood victims in Bayelsa State, Nigeria. In response to the COVID-19 pandemic, Adenuga contributed N1.5 billion towards virus-combatting efforts and donated $250,000 to Nigeria’s football team, the Super Eagles.

January 11, 2024 0 comments
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Headlines

Blaze Destroys 6 Shops in Adamawa, Prompting Local Response

by Nelson Ugwuagbo January 11, 2024
written by Nelson Ugwuagbo

A fire gutted IFY, a popular shopping mall in Numan Local Government Area of Adamawa State, along with five other shops in an early morning blaze on Thursday.

The five other shops included a provision store, a bookshop, and a wine depot that supplies the Southern zone of the state, comprising nine local government areas: Mayo-Belwa, Jada, Ganye, Toungo, Shelleng, Guyuk, Demsa, Lamurder, and Numan.

Innocent Ayah, one of the victims, expressed the devastating loss, stating that he lost everything to the fire.

“I was awakened by the security personnel manning the shop around 2 a.m. that the shop was on fire,” Ayah lamented.

Chinezi Osuji, the owner of the bookshop, estimated her losses at over N70 million, including books and teaching materials, with nothing recovered from the fire.

The victims are now seeking government assistance to recover and rebuild their businesses.

During a sympathy visit to the victims, the state Deputy Governor, Professor Kaletapwa, described the incident as a significant loss to Numan and the entire zone. She urged the victims to find solace in God, as the cause of the fire is yet to be determined.

Mr. Christopher Sofore, Chairman of Numan LGA, stated that the magnitude of the inferno is still under investigation.

January 11, 2024 0 comments
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Headlines

Shock as female banker commits suicide, pens down emotional message

by Nelson Ugwuagbo January 11, 2024
written by Nelson Ugwuagbo

A female marketing employee of a bank in Ikorodu, Lagos State, has committed suicide.

The deceased, 32-year-old Amarachi Ugochukwu, was said to have drunk an insecticide.

LeadingReporters learnt that the incident happened on Monday within the premises of the bank.

Ugochukwu had around 1pm made her way into the restroom, where she drank the insecticide, unknown to her colleagues.

Other members of staff had started looking for her when the phone she left on her table kept ringing and she was not around to pick the calls.

A police source confirmed to our correspondent that Ugochukwu was later found dead inside the toilet with the bottle of insecticide and her suicide note.

In the suicide note made available to our correspondent, the lady blamed hard economy for her decision to end her life, saying nothing was working well for her.

“Nothing is working in my life. My figures are low. My brain is clogged up. The economy is getting harder. My decisions are wrong. My mind is messed up. The future doesn’t seem bright at all. I see extreme hardship. I can’t bear the pain anymore,” she wrote in the suicide note.

Ugochukwu apologised to her parents and other members of her family in the suicide note.

“I’m sorry mum, I’m sorry dad, I’m sorry Nene, Okwe, Toto, Nazor, Chuchu, Ifunanya,” she added.

She concluded by writing, “Dear Lord, have mercy on me!”

LeadingReporters gathered that the manager of the bank had reported the incident to the police.

The bank manager had reportedly told the police that Ugochukwu locked herself up in the toilet to commit suicide, and she was found dead when the door was forced open.

Our correspondent gathered that a medical doctor examined Ugochukwu and confirmed her dead.

“The corpse was removed by the police and deposited at Ikorodu General Hospital for autopsy. The police in Lagos are investigating the incident,” the source added.

Contacted, the Lagos State Police Public Relations Officer, Benjamin Hundeyin, did not pick several calls made to his phone, neither did he reply a text sent to him.

January 11, 2024 0 comments
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Headlines

INEC begins accreditation of observers for February 3 by-elections

by Nelson Ugwuagbo January 11, 2024
written by Nelson Ugwuagbo

The Independent National Electoral Commission has invited Civil Society Organisations and Non-Governmental Organisations interested in observing the February rerun and by-election to apply via an online portal on or before January 17.

INEC said this in a notice issued by its acting Director, Electoral Party Monitoring, Hauwa Habib, in Abuja on Thursday.

Habib advided the organisations to visit (http://observergroups.inecnigeria.org) and complete the application form.

This, according to her, was without prejudice to any previous correspondence with the commission, adding that completion of the prescribed application form (EC14A(l)) remained the only accepted means of application.

“Observer groups should particularly note that all other information including legal status (registration with CAC), evidence of registration with the Civil Society Desk at INEC-Headquarters, evidence of registration previous election observation with INEC (if any), acknowledgment of submission of reports of observation (if any) should accompany the application.

“Any falsification of documents in the submissions will lead to automatic disqualification and possible prosecution.

“The deadline for submission of application is Jan. 17, 2024.

“The list of successful observer groups approved for accreditation will subsequently be published on the commission’s website and EPM observer’s WhatsApp platform,” Habib said.

She added that the vacancies for the by-election/re-run-election occurred across two senatorial districts, four federal constituencies, and three state constituencies spanning nine states.

She added that INEC is conducting the by-election and re-run election stemming from the 2023 general elections as directed by various election petition appeal tribunals.

“Currently, 35 constituencies are affected by these court-ordered elections, while three cover entire constituencies, others involve only a few polling units.

“Both categories of elections are scheduled to take place simultaneously in all affected constituencies on Saturday February 3,” Habib added.

LeadingReporters gathered that INEC will conduct reruns and bye-elections across the country in February 2024 to fill existing vacancies in the state and federal legislatures.

January 11, 2024 0 comments
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Headlines

Peaceful Protest Erupt as ‘No Gree For Anybody’ Slogan Sparks Social Movement, Authorities Monitor Situation

by Nelson Ugwuagbo January 11, 2024
written by Nelson Ugwuagbo

The Nigeria Police Force (NPF) has raised the alarm that the viral social media slogan for the New Year 2024, “No Gree For Anybody”, was meant to trigger chaos in the country.

Force Public Relations Officer (FPRO), ACP Olumuyiwa Adejobi, who stated this in Abuja, said that based on intelligence, the Police were informed that the slogan was aimed at triggering a revolution in the country.

The Police spokesman, however, warned that no freedom is absolute and people should be careful of following illegal trend as freedom ceases when crime is committed, hence “no gree for anybody” slogan will not work at that instance.

He said the slogan will not work when anyone is being arrested for a crime by law enforcement agents.

“Let me say it again that the new slogan for 2024, ‘No gree for anybody’, we have been informed by intelligence that this slogan is coming from a revolutionary sector that may likely cause problems across the country,” ACP Adejobi stated.

He noted that, “‘No gree for anybody’ is being seen as a normal talk, but in the security community, we have seen it as a very dangerous slogan that can trigger crisis.”

LeadingReporters understands that ‘No gree for anybody’ is a slogan in pidgin parlance loosely meaning determination or perseverance for success, popularised by youths on social media as ‘theme’ or ‘watchword’ for the New Year 2024, as annually done by some religious organisations or establishments.

January 11, 2024 0 comments
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Entertainment

Actress Tonto Dikeh ‘Reports’ Social Media Influencer VeryDarkMan To Police

by Nelson Ugwuagbo January 10, 2024
written by Nelson Ugwuagbo

Nollywood actress Tonto Dikeh has filed a petition against popular social media influencer, VeryDarkMan, accusing him of cyberbullying and harassment.

The actress took to her Instagram account to post pictures with captions like “Let it begin”, suggesting the beginning of a legal tussle between the duo.

The photographs show the VeryDarkMan seated with another person who appears like his lawyer at a place that looks like a Police station.

She further posted: “When a child thinks he is grown enough to talk to elders, you never engage just act.”

January 10, 2024 0 comments
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Business

CBN Dissolves Board Of Union Bank, Polaris, Two Others

by Nelson Ugwuagbo January 10, 2024
written by Nelson Ugwuagbo

The Central Bank of Nigeria has dissolved the board and management of four banks in a move that is seen as the implementation of the report of the Special Investigator on Central Bank of Nigeria (CBN) and Related entities, Jim Obazee.

The banks are Titan Trust Bank, Union Bank, Polaris Bank, and Keystone Bank.

The decision to dissolve the boards was taken after a meeting between Yemi Cardoso, Obazee, and the board and management of the four banks.

The dissolution is coming after the investors in Titan Trust Bank refused to honour the invitation to a meeting with the Special Investigator.

All the four banks are involved in the special investigations on how the CBN was run under Godwin Emefiele, the former governor who was ousted soon after President Tinubu took office last May.

Union Bank of Nigeria Plc and Titan Trust Bank (TTB), is facing an uncertain future following the special investigation report on the activities of the central bank under Godwin Emefiele.

January 10, 2024 0 comments
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Headlines

JUST IN: Court remands ex-minister, Agunloye in Kuje prison

by Nelson Ugwuagbo January 10, 2024
written by Nelson Ugwuagbo

A Federal High Court in Abuja on Wednesday ordered the remand of a former Minister of Power and Steel, Olu Agunloye, in Kuje Correctional Service.

The Economic and Financial Crimes Commission arraigned Agunloye over allegations of fraud in the Mambilla Power Project.

Agunloye was brought before the Federal High Court in Abuja on Wednesday, where he pleaded not guilty to the charges read against him.

The judge, however, ordered that the embattled former minister be remanded in pending when bail would be granted.

January 10, 2024 0 comments
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Investigation

EFCC Seizes Edu, Umar-Farouq’s Passports, Interrogations Continue Today 

by Nelson Ugwuagbo January 10, 2024
written by Nelson Ugwuagbo

Both Edu and her predecessor are expected back at the Commission’s office today (Wednesday) as anti-graft investigators deepen probe over alleged financial malfeasance against the duo.

The Economic and Financial Crimes Commission (EFCC) has seized the travel documents of suspended minister Betta Edu and her predecessor Sadiya Umar-Farouq who are being probed for various alleged financial malfeasance during their separate stewardship of the Humanitarian Affairs Ministry. 

Betta was grilled by anti-graft investigators for over 10 hours on Tuesday at the EFCC headquarters in Jabi, Abuja. The 37-year-old was interrogated over alleged N585m disbursement fraud.

After the marathon interrogation, the embattled minister was released on bail late Tuesday but asked to report everyday to the EFCC office daily over the matter.

Both Edu and her predecessor are expected back at the Commission’s office on Wednesday anytime from 11am for further interrogation.

The embattled minister came alongside her aides and lawyer and is currently facing EFCC investigators.

Edu’s appearance at the EFCC office came barely a day after she was suspended by President Bola Tinubu.

Edu was caught in a N585m disbursement scandal involving the humanitarian affairs ministry, attracting widespread criticisms from rights groups and activists.

The predicament of the 37-year-old was worsened when the Accountant General of the Federation, Oluwatoyin Madein, confirmed that although her office received a request from the humanitarian ministry to make certain payments, her office did not act on it.

On Monday, the President wielded his big stick and suspended the 37-year-old with immediate effect, making his party’s ex-national women leader the first to be removed from his 48-man cabinet inaugurated last August.

The President also ordered EFCC Chairman, Ola Olukoyede, “to conduct a thorough investigation into all aspects of the financial transactions” involving the ministry and “one or more agencies thereunder”.

Edu, 37, the youngest in the President’s cabinet before her suspension, was a fast-rising Amazon in the political space having occupied state and national offices at a young age.

Before her ministerial appointment last August, she was Cross River State Commissioner for Health and the National Women Leader of the ruling All Progressive Congress (APC). Edu was a prominent figure in the campaign train of Tinubu, the then APC presidential candidate, during the electioneering process that brought the ex-Lagos governor into office as President.

Edu clinched her ministerial appointment about three months after Tinubu was sworn in as President. Her tenure as minister was, however, short-lived barely six months after, perhaps the shortest tenure by a minister in a long while.

Umar-Farouq’s Interrogation Continues

Meanwhile, the EFCC further quizzed Edu’s predecessor, Umar-Farouq, on Tuesday, the second straight day. The ex-minister is being probed over an alleged laundering of N37.1 billion during her tenure as a minister.

She was allowed to go home on Tuesday after a marathon interrogation and is expected to return on Wednesday for further clarifications on sundry issues that the Commission flagged in the course of its preliminary investigations.

January 10, 2024 0 comments
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