News
Peter Obi’s investment for Anambra now worth next to nothing, says Soludo
Chukwuma Soludo, governor of Anambra, says investments by Peter Obi, former governor, for the state are now “worth next to nothing”.
Soludo spoke on Thursday during an interview on Channels Television.
Obi, the presidential candidate of the Labour Party (LP), served as Anambra governor three times between 2006 and 2014, owing to a series of legal battles occasioned by impeachment and issues on election schedule.
Ahead of the 2023 presidential election, the investments made by Obi when he was governor on behalf of the state have generated debate on social media.
The former Anambra governor, in an interview in 2018, had said he invested $20 million in International Breweries on behalf of Anambra state while he was governor.
Checks by newsmen in June 2022 had shown that $12.24 million was invested in International Breweries at the time, and the amount was now worth less than $6 million.
During the Thursday interview, Soludo was asked about the value of investment made by Obi on behalf of the state.
“There was something I read about somebody speculating about the value of whatever investment. What I have seen today, the value of those investments is worth next to nothing,” he said.
Soludo, however, did not specify if the investment in reference was that of International Breweries.
Speaking further, the Anambra governor said he would rather invest in infrastructure that will better the lives of his people than in a private company.
“First of all, you have to rebuild the public infrastructure, that is building the future,” he added.
“We are investing in our schools, hospital. We are creating Anambra as Africa’s leisure entertainment hub; modernising our cities; embarking on urban regeneration; giving our people light so that they can have quality air to breathe; controlling pollution, and dealing with flooding and erosion.
“I’m not going to leave those and say I’m saving money to go and invest in a private company.”
News
Ododo surrenders Yahaya Bello to EFCC
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested Yahaya Bello, former governor of Kogi state.
TheCable understands that Usman Ododo, Kogi governor, brought Bello to Abuja this morning and invited EFCC to come pick him up.
The EFCC had charged the former governor with alleged money laundering, breach of trust, and misappropriation of N80.2 billion.
In April, the commission declared Bello wanted after several attempts to arrest him proved unsuccessful.
On August 20, the court of appeal in Abuja ordered Bello to surrender himself for arraignment.
Ola Olukoyede, EFCC chairman, would later allege that Bello withdrew $720,000 from Kogi coffers to pay his child’s school fees in advance.
The anti-graft agency also filed a 19-count charge against Bello over alleged money laundering.
However, the arraignment was stalled due to the absence of the former governor.
In May, Abdulwahab Mohammed, counsel to Bello, told the court that the former governor’s whereabouts remain unknown and that he was nurturing some safety concerns.
On August 20, the court of appeal in Abuja ordered Bello to surrender himself for arraignment.
Dele Oyewale, EFCC spokesperson, had said the court’s ruling was a “vindication” of the EFCC’s stance that Bello must face trial.
Sources had told TheCable that Bello has been hiding in plain sight — holed up in the “protective custody” of the Kogi state government — since he was declared wanted by the EFCC.
News
Tinubu writes reps, seeks Oluyede’s confirmation as COAS
President Bola Tinubu has asked the house of representatives to confirm Olufemi Oluyede as the substantive chief of army staff (COAS).
Tinubu’s request is contained in a letter read by Tajudeen Abbas, speaker of the house of representatives, during plenary on Tuesday.
Tinubu said Oluyede’s confirmation is in accordance with the provision of section 218(2) of the 1999 constitution as amended and section 18(1) of the Armed Forces Act.
The president said the army chief’s contribution to the military and Nigeria makes him “well-suited” for the role.
He said Oluyede has been professional in his duties, adding that his confirmation should be done “expeditiously”.
On October 30, Tinubu appointed Oluyede as the acting COAS following the prolonged illness of Taoreed Lagbaja, the former army chief.
News
Governor Nwifuru suspends health, housing commissioners
The Ebonyi State Governor, Francis Nwifuru, has suspended the state Commissioner for Health, Dr. Moses Ekuma and his Housing and Urban Development counterpart, Francis Ori.
It was gathered that they were suspended on Monday during the State Executive Council meeting in Abakaliki, the state capital.
A statement issued by the Commissioner for Information and State Orientation, Jude Okpor, which was sighted by our correspondent on Tuesday morning, read, “Following cases of gross misconduct and dereliction of duties by some government officials and matters related thereto, the Chairman of Council directed the indefinite suspension of the Honourable Commissioner for Housing and Urban Development and three months suspension of the Honourable Commissioner for Health respectively.”
It was also learnt that the development may be connected to the alleged theft of pieces of property belonging to the Ministry of Health by its officials and the reported underperformance of the Housing and Urban Development commissioner and his shoddy handling of the Amaeze Housing Scheme in the Ishielu Local Government Area of the state.
Recall that the governor was in the health ministry’s premises on Saturday night and met a scene where six officials were caught allegedly diverting government materials.
He, therefore, ordered their arrest and eventual prosecution.
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