

A group, League of Patriots has challenged the Senate Committee Chairman on Ethics Privileges and Public Petitions, Senator Patrick Ayo Akinyelure to defend his ‘billionaire’ status which he claimed during a media briefing following a publication by LeadingReporters on how Senator Ayo leverages his office to curry favour from indicted individuals and organizations. The group has provided part of facts and figures which they challenged Senator Patrick to fault, as part of the numerous evidence in their disposal that Senator Patrick Ayo Akinyelure should be stripped of his Committee Chairmanship.
The group, in a communique signed by its Spokesman Femi Adekunle and exclusively obtained by LeadingReporters said it is giving the Senator seven days to put out all his financial records prior to becoming a Senator and now that he is a Senator, failure of which, all the financial and statutory records of the Senator would be availed the public to judge for themselves.
Senator Ayo, through his media aide, in defending his principal has posited that Senator Patrick Ayo’s shot at politics was stirred by his desire to serve humanity and not to amass wealth. The aide claimed that Senator Ayo was a billionaire in different currencies before coming to politics, a claim investigation by LeadingReporters has found to be manipulative, deceitful and aimed at misleading the public from the allegations against the Senator.
Recall that LeadingReporters, has previously reported in one of its publications that it is privy to information that could prove that Senator Ayo lacks the morality to head a committee that is morally demanding. In response, Senator Ayo addressed a press conference where he strived to play down the substance of the allegations against him by claiming that LeadingReporters is a faceless online platform that is hired to destroyed his ‘hard-earned reputation’.
The Senator claimed that the online never reached out to him for his own side of the story before publication. A claim that further validates the belief that Senator Ayo is a man empty in morals as the online, through its official line severally called the Senator and left series of messages on March 30. The texts delivered on 10:55am on same day. Texts he never replied to. (See attached for proof below)
Senator Ayo further challenged LeadingReporters to come out with facts and figures to buttress the claim. While we are not perturbed with Senator Ayo’s cleverness at downplaying the substance of the allegation by making mischievous and frivolous claims, we are putting a little fact forward as a proof that ours is a media outfit that does not make claims without substance.
Meanwhile, League of Patriots, an organization founded by Nigeria patriots in home and diaspora with thematic objective of bracing leadership morality, and accountability in leadership has demanded that Senator Patrick Ayo steps down as the Senate Committee Chairman on Ethics, Privileges and Public Petition to give way for thorough investigation into the huge allegations of abuse of office, corruption, and betrayal of trust reposed on him by Nigerians.
It was an atmosphere of life, love and celebration when the Publisher, Leading Reporters Ekhomeme Solomon held a surprise birthday for his wife.
The colorful event began with a live gospel display by
Shola Sax which led the attendess to glitz and glamour in Praising God.
A short video clip was played after testimonials from family members, Tenants, co-workers and church members.
Highlights of the event was cutting of the cake, toasting and refreshments.
Electricity consumers from the Federal Capital Territory; Nasarawa, Niger, and Kogi States are in for rough times owing to a ruthless revenue drive being spearheaded by Mr. Adeoye Fadeyibi, on behalf of United Bank for Africa, UBA.
UBA is a major creditor to AEDC. Technically, UBA owns the Abuja Electricity Distribution Company AEDC as it stands now. This followed several loan defaults by the electricity distribution company via its UBA Account No. 1019269503.
An insider source said that Tony Elumelu routed for Fadeyibi after the later set up structures in Eko Electricity Distribution Company EKDC that saw revenue skyrocketing and operational costs and losses down. Fadeyi’s feat in Elumelu’s Transcorp Power Ltd, Ugbelli where he ramped up power generation of the company from its abysmal 164MW to 634MW within interval of 25 months was too glaring to be overlooked and needs to be replicated in AEDC, by Tony Elumelu’s estimates.
Other accounts the company maintains with UBA include AEDC Impress Funding Account No. 22174094498. This account has become a conduit through which billions of Naira were fleeced under the subheading – Operational impress. For instance, between October and December, 2018, a total of N1,579,015,000 was mopped into the account as imprest. UBA Account No 10176666012 is believed to be another suspicious account with which the erstwhile management of AEDC carried out their acts.
Other AEDC accounts with UBA include account no. 1019034680. This account, according to investigation was used to sweep funds which were later diverted to yet another UBA account No 1017547366.
Another interesting activity uncovered is a UBA Account No.1017681365, allotted to AEDC WAMBA, Nasarawa State. The account is shrouded in secrecy and may have been used as a veritable conduit for diversion of funds. AEDC Okene Area Office with UBA account numbers 1021027984 and 1017805387 are two of the many accounts of AEDC that were structured to be leveraged to soothe the stealing appetite of the erstwhile management of AEDC.
According to a discreet source, the former management played a conscious, pre-meditated role that paved way for UBA acquisition of AEDC.
Kabba AEDC Account No 1017805387 was another porous and specially structured account allegedly used in fleecing the Federal Government.
Mr. Fadeyibi prior to being drafted to AEDC by Tony Elumelu-led UBA worked as the Managing Director and Chief Executive Officer of Transcorp Power Limited, Ugbelli. The company is owned by Tony Elumelu. Mr Fadeyibi career path has as well cut across Eko Electricity Distribution Company where he was the MD/CEC as well as General Electricity.
A discreet source who spoke to LeadingReporters on condition of anonymity said that Mr Fadeyibi is on a mission. A ruthless mission to bend all known rules in the bank’s bid to recover all the monies and loans AEDC owns UBA.
“His mission from his paymaster is clear – Bend all rules, squeeze all sources and get us all the money. Unfortunately, the consumers are the ones to be squeezed in a sector where regulators are in the pockets of the players. It is a pathetic situation”.
The electricity consumers with the capital territory and its neighboring states are in for a hard and sad time as the move by UBA would see them paying for more and getting less in terms of quality service.
“Money, revenue, more revenue and more profits are now the drive force in AEDC”
“The former guys were hired to play the role they played that paved way for UBA to take over AEDC. AEDC is one of the electricity distribution companies that has proved to be viable. UBA management has been eyeing the company and incessant loan was the best way to dive in”.
UBA continued to avail its loan spree to AEDC, targeting that a time would come when AEDC would not be able to meet its financial obligation to the bank, thereby paving way for outright ownership.
“Tony Elumelu understands the viability of AEDC, being someone whose company Transcorp Power Limited is a player in the power sector”. The source said.
Traders in Karmo Market, Abuja were left with nothing when fire broke out around 12:30am on Wednesday night.
According to eyewitness, over 500 shops were razed in the inferno which lasted hours before the men of the fire service put it under control.
Speaking exclusively with LEADING REPORTERS, a neighbor to the victim stated that.
“My neighbor has a shop in the market and we were called around past 12: am yesterday night, we rushed there and saw that everything in the shop was burnt down”
“When it happened last year, we were able to recover some valuables because it happened in the daytime, but unfortunately, this happened in the midnight, we lost everything to the fire”.
“The fire burnt the yam section of the market down to the mosque, over 500 shops worth million of naira has gone down the drain again”
This incident is coming barely year when the market was burnt down.
The first happened in 2017, the second 2021 and 2022.
The cause of the fire still remain unknown as at press time.
Kenny Folarin, Abuja
The Minister for Water Resources, Engr. Suleiman Adamu has said that Youth plays important role in curbing open defecation in the country.
Adamu while speaking in Abuja on Thursday at a National Youth and Stakeholders Dialogue on Clean Nigeria Campaign noted that open defecation pollutes the environment even as it poses a great risk to the entire population and to the dignity of the human person and as such, youth being an agent of social change are key resource not only in Clean Nigeria Campaign Initiative but also in the critical aspect of our engagement.
According to Adamu, the need for the adoption of good sanitation and hygiene is important so as to maximize the benefits of having access to safe water facilities.
Speaking on the theme: The Role of Young People in making Nigeria Open Defecation Free by 2025, Adamu said it represent a call to action by stakeholders in harnessing the young people towards achieving Nigeria’s targets of ending open defecation by 2025.
He thereby charged the Youth to lend their weight to support the initiative such that their positive impact and constructive engagement will be felt by the generality of all Nigerians.
The National Coordinator, Youth Wash Initiative Africa, Uchenna Oblakor on his own part stated that the initiative is borne out of the numerical advantage of the youth to work together in collaboration with the federal government to end open defecation.
Oblakor added that young people are more felt with the burden of open defecation and as such the great number of youth should work together to ensure that Nigeria is open defecation free by 2025.
Furthermore, he said the initiative will be driven to rural area in collaboration with the NYSC CDS group.
He added that if bottleneck such as bureaucracy in government is removed, Youth Wash Programmes and initiative will thrive.
A fashion company, ‘Shaper of Beauty’ on Monday, launched an entertainment company.
A press statement jointly signed by its founder, Taiwo Hassan Alli and Kehinde Hussein Alli, stated that the company will be aimed at galvanizing the enormous talents in the fashion and music industry across Nigeria.
“SOB entertainment was established to bring solutions to the lingering problems in the Nigerian entertainment industry.
“In view of the recent Afrobeats revolution, there is a need for more hands in the entertainment industry”
The duo who are also Tai Solarin University Of Education (TASUED) undergraduates further revealed that two of their upcoming projects – SOB International Beauty Pageantry and SOB Talent hunt competition would be held later in the year.