The Nation Newspaper

Category: Featured

  • States slow down on loans following rise in revenue

    States slow down on loans following rise in revenue

    • Petrol subsidy removal raises income
    • DMO: 27 states have cut borrowing

    Majority of states have drastically reduced their debt exposure in the last two years.

    According to data from the Debt Management Office (DMO), which oversees the government’s debt management, more than three-quarters of the states reduced their loans over the past 15 months.

    This has been linked to a rise in their allocation from the consolidated revenue account following petrol subsidy removal by President Bola Ahmed Tinubu.

    Accruals to the purse have significantly increased.

    Federal, states, and local governments, which hitherto shared less than N1 trillion monthly, have been sharing an average of N1.6 trillion.

    In June, the highest distributable amount of N1.8 trillion was shared: Federal Government got N645.383 billion; states (N607.417 billion), and local governments (N444.853 billion).

    Additionally, N120.759 billion was distributed to oil-producing states as 13 per cent derivation revenue from mineral sources.

    A review of sub-nationals’ domestic debts showed that while some appeared to be avoiding fresh loans, others were reducing debts. A few accumulated more.

    In the first quarter of this year, total debts of the states and the FCT stood at about N3.869 trillion.

    This represented a decrease of N199.02 billion compared to N4.068 trillion recorded in the first quarter of last year.

    It also indicated a drop of N98.92 billion from N3.968 trillion recorded in the fourth quarter of 2024.

    A breakdown showed that Delta is atop the chart of 28 states that reduced their debts.

    It brought down its debt of N334.77billion in 2024 to N204.60 billion in the first quarter of this year.

    The reduction represented 38.87 per cent. 

    Abia cut its debt by N65.04 billion to N48.67 billion in the first quarter of 2025.

    Adamawa reduced its debt by N24.90 billion to N78.65 billion, while Akwa Ibom brought down its debt by N24.72 billion to N118.21 billion.

    Anambra also reduced its domestic debt by N6.23 billion to N28.20 billion.

    Bayelsa’s debt decreased by N2.05 billion to N129.56 billion.

    Borno lowered its debt by N9.37 billion to N107.03 billion, and Cross River cut its debt by N2.52 billion to stand at N174.60 billion in the first quarter of 2025.

    Ebonyi achieved a reduction of N1.34 billion to N80.60 billion; Ekiti decreased its debt by N2.05 billion to N117.81 billion; Imo cut N11.08 billion to bring its debt down to N210.87 billion.

    Jigawa, which maintained the lowest debt profile, reduced its liabilities by N25.68 billion to just N1.06 billion.

    Kaduna brought its debt down by N23.95 billion to N88.75 billion, while Kano lowered its debt by N3.66 billion to N109.43 billion.

    Katsina reduced by N10.32 billion to N63.66 billion. Kebbi’s debt decreased by N13.43 billion to N44.59 billion.

    Kogi recorded a reduction of N26.33 billion to N93.30 billion.

    Lagos, still Nigeria’s most indebted state domestically, cut its debt by N35.03 billion to N874.04 billion in the first quarter of 2025.

    Ogun’s debt dropped by N6.94 billion to N258.94 billion.

    Ondo also reduced its debt by N25.12 billion to N61.64 billion.

    Osun lowered its debt by N15.84 billion to N134.13 billion, while Oyo cut N24.58 billion to end the quarter at N106.63 billion.

    Plateau’s debt fell by N16.03 billion to N145.45 billion while Sokoto reduced its own by N17.47 billion to N47.25 billion. Yobe decreased its debt by N12.87 billion to N52.92 billion; Zamfara by N24.47 billion to reach N67.57 billion, and the FCT, by N1.46 billion to N9.41 billion.

    On a quarter-on-quarter basis, Edo achieved one of the largest reductions, lowering its debt by N30.60 billion to N82.49 billion in the first quarter of this year—a 27.08 per cent decline from the fourth quarter of last year.

    Rivers posted the highest increase by adding N131.82 billion to bring its debt portfolio to N364.55 billion in the first quarter of this year.

    Bauchi raised its debt by N34.01 billion to N142.40 billion, while Benue also raised its debt by N2.24 billion, thereby taking its profile to N66.72 billion.

    Edo recorded an increase of N10.36 billion to reach N82.49 billion.

    Enugu’s domestic debt climbed by N22.25 billion to N188.75 billion; Gombe by N15.22 billion to N107.13 billion, and  Kwara by N14.86 billion to N127.35 billion.

    Nasarawa’s domestic debt increased by N15.63 billion to N84.58 billion, Niger’s rose by N11.00 billion to reach N96.65 billion, while Taraba’s also rose by N10.60 billion to N63.92 billion.

    On a quarter-on-quarter basis, Enugu recorded the most significant increase, rising by N69.14 billion from the previous quarter to reach N188.75 billion in the first quarter of this year. Niger’s debt rose by N5.35 billion to N96.65 billion. Delta also saw a slight increase of N3.43 billion to N204.60 billion.

    Taraba added N3.66 billion to reach N63.92 billion. Kwara recorded an increase of N2.44 billion to N127.35 billion, and Benue by N2.36 billion to N66.72 billion.

    Analysts said the varying debt figures reflected the distinct approaches of Nigeria’s states to managing debt and financing development.

    While some appear to have used increased federal allocations to reduce outstanding liabilities, others opted to borrow more, possibly to fund new projects or address urgent fiscal pressures.

    Chief Economist, ARKK Economics and Data Limited, Dr. Samson Simon, said: “Those states still piling up debts despite increased FAAC allocation are those that are doing the right things or wrong things.

    “Those doing the right things are those who accumulated debts for infrastructure and other capital spending.

    “Those doing the wrong things are those fiscally irresponsible, and not managing their resources well.

    “If the debts accumulated are for noble causes like human capital development in areas of education and healthcare delivery or physical capital, that is good for the economy and the people.\

    Read Also: N1.57tr bad loans threaten industry without judicial support, says Alawuba

    “But, if the debt overhang is because of waste, inefficiency and indiscipline, then it is bad for the people and the economy.”

    Managing Director, Ambosit Capital Managers, Wahab Balogun, advised that every debt should be viewed in terms of its purpose.

    He noted that states where debts are rising rapidly risk undermining their fiscal space, especially if the new borrowings are used mainly to finance recurrent expenses rather than productive infrastructure.

    “Borrowing, in itself, isn’t bad, but what matters is the purpose, the cost, and the capacity to repay without sacrificing essential public services.

    “Responsible debt management is not just about numbers on a balance sheet; it’s about ensuring that today’s borrowing does not mortgage the future of citizens or limit the state’s ability to respond to unforeseen shocks,” Balogun said.

    He pointed out that differing figures might, however, be a reflection of a deeper challenge in public financial governance across subnational entities.

    “We can see that while many states have made deliberate efforts to reduce or stabilise their debt stock, others appear to be on a worrying path of debt accumulation.

    “This pattern often stems from differences in internal revenue generation capacity, fiscal discipline, and the willingness of political leaders to adopt medium-term planning rather than short-term spending,” Balogun added.

    The Ambosit boss explained that states experiencing declining debt levels usually have more effective revenue collection systems, better control over recurrent spending, and are cautious in contracting new debt, often ensuring loans are directed at projects that could either repay themselves or stimulate local economic growth.

    He urged state governments to invest more in boosting internally generated revenue by formalising local businesses, improving tax administration, and prioritising economic sectors with high growth potential.

    He also advised stronger adherence to transparent debt reporting, rigorous project appraisal, and the discipline to borrow only when necessary and for projects that can drive development and create jobs.

  • Awujale predicted my second term victory, says Tinubu

    Awujale predicted my second term victory, says Tinubu

    • President eulogises Oba Adetona

    President Bola Ahmed Tinubu yesterday recalled with fondness how Awujale of Ijebuland, Oba Sikiru Adetona, who joined his ancestors on July 13, predicted his victory in the 2023 election and added that he would win re-election in 2027.

    The president spoke in Ijebu-Ode, Ogun State, on the life and times of the departed traditional ruler during his eighth day fidau held at Dipo Dina Stadium, where dignitaries bade him final farewell.

    At the monarch’s final resting place, the president laid wreaths before holding a private meeting with the bereaved family during the condolence visit.

    Describing Oba Adetona as a leader of “conscience and dignity, the President said he was committed to the pursuit of truth and justice.

    President Tinubu said: “Today marks a very great day in the history of our nation and particularly the history of our race, the Yoruba race. You can find any further definition of our culture. If you go further from Awujale, you will learn a lot.

    “For me standing before you today, I thank God Almighty that I stand before you as the President of the Federal Republic of Nigeria. Our wish would not have been completed carefully and richly if I failed in the last election. I was successful because of your support and the blessing of the Awujale.

    “I went to him and he said, ‘you are winning that election and you will win second term. Go ahead.’ God has blessed us. If you listened to the richness of his wisdom, I’m extremely proud of him.”

    President Tinubu also recalled Oba Adetona’s quiet but impactful role in the country’s democratic journey, describing him as a steadfast supporter of the June 12 struggle.

    Read Also: Tinubu pays tribute to Awujale, lauds late monarch’s blessing for 2023 election victory

    The president said: “He was always there in times of need for all of us. I could recount the June 12 episode; our protests and its balance and for real, our resistance. Our determination to reverse the annulment of the June 12, 1993 Presidential election. Baba was steadfast, he was resolute and very encouraging.

    “That he lived to see the calendar as a 91 year old person; to be honoured at his 90th birthday as the Grand Commander of the Order of Niger (GCON); I am very honoured.

    “Very honest, very bold and very truthful,  he would not deceive you.

    Tinubu urged politicians, as well as sons and daughters of Ijebuland to be “more united, bonded by the spirit that he left behind, cherish his legacies.

    Ijebu-Ode was aglow with festivities as eminent Nigerians from various walks of life joined the family, associates and residents in honouring the first class natural ruler.

    As from sunrise, the stadium was filled to the brim by indigenes who adorned traditional and modern attires, reflecting the cultural richness of Ijebuland

    Major markets such as Ita-Ale, Ita-Osu, and Oke-Aje were temporarily shut to enable full participation in the farewell ceremonies.

    Traditional drums echoed, with local groups performing chants and dances in tributes.

    The president was accompanied by his Senator Oluremi, the Nigerian Governors’ Forum (NGF) Chairman, Kwara State Governor Abdulrahman Abdulrazaq; former Ogun State Governor Olusegun Osoba, Minister of Finance, Wale Edun; Minister of Aviation and Aerospace Development, Festus Keyamo; Minister of Solid Minerals Development, Dr. Dele Alake; and Minister of Communications, Innovation, Digital Economy, Bosun Tijani,  Senate Leader Opeyemi Bamidele, Senators Seriake Dickson, whose mother is Ijebu and Solomon Olamilekan Adeola, Deputy Chief Whip of the House of Representatives Ibrahim Isiaka, and Representative Olumide Osoba.

    Before moving to the stadium, Muslim and Christian clerics, traditional rulers, political leaders, and other guests converged on Oba Adetona’s private residence for prayer sessions. 

    President Tinubu was received by Ogun State Governor Dapo Abiodun, Deputy Governor Noimot Salako-Oyedele, Secretary  to Government Tokunbo Talabi and other members of the State Executive  Council.

    Other dignitaties included Lagos State Deputy Governor Obafemi Hamzat, Senator Gbenga Daniel, Chairman, Ijebu Council of Chiefs,  Olorogun Sunny Kuku, leader of the League of Imam and Alfas in Yorubaland, Edo and Delta states Sheik Jamiu Kewulere, members of Ohanaeze Ndigbo, Anglican Bishop of Remo Diocese, Most Reverend  Olusina Fape,  Chief Economic  Adviser and Commissioner for Finance, Chief Dapo Okubadejo, and Ijebu traditional rulers.

    ‘Awujale was more than a monarch’

    Abiodun urged the Ijebu people to build on his legacies. He said: “Kabiyesi was the voice of the voiceless and a revered patriarch. His reign brought prestige to our land and dignity to the Yoruba race. Under his leadership, Ijebuland witnessed unprecedented transformation,”

    Abiodun added: “Awujale sustained the harmony and dignity he so earnestly preserved. Kabiyesi was not just a ruler; he was a mentor, a visionary, a moral compass who stood as a towering symbol of dignity and stability.

    Ohanaeze: Adetona, a good in-law

    The leader of the pan- Igbo socio-cultural group in Ijebu-Ode,  Ohanaeze Ndigbo, Dr. Udu Chukwu,  said the Igbo community enjoyed peace and prosperity during the reign of the departed traditional ruler.

    Udu Chukwu, who is the Onowu Ndigbo of Ijebu Ode, said he has been living in Ijebuland for over 30 years without problem, adding that their Igbo businessmen thrive in Ijebuland.

  • First HoldCo Plc slams ThisDay, Arise TV for misrepresentation

    First HoldCo Plc slams ThisDay, Arise TV for misrepresentation

    • Company denies claims, calls out media houses for sensationalism

    The attention of the Board and Management of First HoldCo Plc has been drawn to the deliberate misrepresentation of facts and gross unprofessional conduct demonstrated by ThisDay Newspaper of July 17, 2025, and Arise TV on the recent off-market block trading of First HoldCo Plc shares on the floor of the Nigerian Exchange Limited (NGX).

    First HoldCo Plc expresses its embarrassment and disappointment at the wilful and sensational distortion of facts by both ThisDay Newspaper and Arise TV following the movement witnessed in the market on Wednesday, July 16, 2025, when a total of 10.4 billion units of shares in off-market block trading took place on the floor of the Nigerian Exchange Limited (NGX).

     This action was done with deliberate malicious intent to cast First HoldCo Plc in a bad light and continue to create confusion and panic amongst our esteemed stakeholders.

    Read Also:Buyout deals trigger scramble for First Holdco’s shares

     We also wish to categorically state that Mr. Femi Otedola, CON, did not buy or take over the traded 10.4 billion units of shares, neither did the Federal Government of Nigeria, its agencies, and the Hon. Attorney of the Federation participate in the acquisition of the shares in question. The trading of the shares was conducted under a highly transparent and regulator-supervised process with the consent of all the parties involved. This was done in order to ensure continuous stability of this important national franchise. 

    The shares were sold to an independent Bridge Holder with no benefit accruing to the company.

    We urge the proprietor of both Thisday and Arise TV media platforms to focus on paying back the indebtedness of his company – General Hydrocarbons Ltd to FirstBank rather than negatively channelling his energies towards vilifying the FirstHoldCo Group.

     Again, we advise ThisDay Newspaper and Arise TV to always demonstrate fairness, objectivity, and verification of facts before releasing news to the public. This, they owe the general public. It is indeed core and at the heart of the tenets of journalism.

  • NDLEA arrests wanted drug kingpin with 11.6kg cocaine, meth, seven years after evading arrest

    NDLEA arrests wanted drug kingpin with 11.6kg cocaine, meth, seven years after evading arrest

    …raids Lagos hotel, recovers party drugs …intercepts Italy, Pakistan-bound consignments in Golden Morn cereal packs, condiments;

    …destroys 101,150kg skunk in Osun forest

    The National Drug Law Enforcement Agency (NDLEA) says it has arrested a wanted 60-year-old drug kingpin, Okpara Paul Chigozie, after seven years of evading arrests.

    Director, Media and Advocacy, NDLEA Headquarters Abuja, Femi Babafemi, who made this known in a statement on Sunday, said Chigozie was arrested attempting to ship large quantities of cocaine and methamphetamine to the Southeast and other parts of the country.

    Babafemi said the suspect who has been on the wanted list of NDLEA since 2019 was eventually nabbed at his hideout at 72 Micheal Ojo Street, Isheri in Ojo area of Lagos state on Sunday 13th July 2025 following the interception of some of his consignments at 5:45am same day at Ilasamaja along Apapa-Oshodi expressway.

    Babafemi also said in the early morning operation, a team of NDLEA officers acting on credible intelligence arrested one of Okparas couriers, 51-year-old Achebe Kenneth Nnamdi while heading to Onitsha, Anambra state in a white Toyota Sienna vehicle.

    The Spokesman said the agency’s sniffer dogs were subsequently brought in to search the vehicle after which 7.6 kilograms of cocaine and 900 grams of methamphetamine were found hidden in body compartments of the space bus.

    He said a follow-up operation was promptly carried out at Okparas hideout in Isheri where an additional 1.8kg of cocaine and 1.3kg of methamphetamine were recovered from his residence.

    Read Also: EFCC probing 18 sitting governors, says Olukoyede

    Babafemi said at the Murtala Muhammed International Airport (MMIA) Ikeja, Lagos, NDLEA operatives in a joint operation with Aviation Security personnel of the Federal Airports Authority of Nigeria (FAAN) on Wednesday, 16th July recovered 7,790 pills of tramadol and rohypnol from the luggage of an Italy-bound passenger, Omoregie Nice Uyiosa.

    He said the suspect, who was going to Italy via Istanbul on a Turkish Airlines flight, claimed he purchased the drugs himself, hoping to sell them in Italy at higher prices.

    Babafemi said in another arrest at the Lagos airport, NDLEA operatives at the export shed on Thursday, 17th July, intercepted 17 parcels of skunk, a strain of cannabis, weighing 1.70kg, concealed in packs of popular cereal, Golden Morn, going to Pakistan as part of a consolidated cargo.

    He said a suspect, Chioba Robert Uchenna, who presented the consignment for shipment, was arrested.

    The statement reads, “In Lagos, NDLEA operatives on Saturday, 19th July raided Sarah Sam Hotels located at 115 Ogudu road in Kosofe, where different party drugs are being distributed and sold. The raid followed credible intelligence and surveillance, which confirmed a suspect, Obayemi Oyetade, as the arrowhead of the drug network. At the time of the operation, 1.30kg of Chocolate Cannabis, 900grams of gummies and 22.9grams of skunk were recovered from Obayemi’s room in the hotel, which is a 20-room facility run as a family business, housing his mother and siblings. Other items recovered from the hotel include three vehicles.

    “Three suspects: Onyeka Madu, Monday Nwadishi and Emmanuel Madu were arrested on Saturday, 19th July, arrested during an intelligence-led raid at Narayi High Cost area of Chikun LGA, Kaduna State, where 742.866 kilograms of skunk, and Colorado, a synthetic strain of cannabis, were seized from them. In Kano, Lawan Rabiu was nabbed with 36,000 pills of tramadol along the Danbatta-Kazaure road on Wednesday, 16th July.

    “While a total of 25,000 pills of tramadol and exol-5 were recovered from a suspect, Aliyu Abubakar, at Gombe roundabout on Friday, 18th July, the duo of Mohammed Adamu and Furaira Idris were arrested same day with 49 blocks of compressed skunk that weighed 29kg at Kwadom, Yemaltu Deba LGA, Gombe state.

    “In Borno, NDLEA officers on patrol along Baga road, Maiduguri, on Saturday 19th July intercepted 74,360 pills of opioids in a Mercedes Benz C180 car marked GUB 409 AA and arrested Audu Modu, 44, in connection with the seizure, while in Bayelsa state, a 63-year-old grandma Akuna Nelson was on Thursday 17th July arrested at Osiri area of Yenagoa in connection with the seizure of 163 litres of skuchies.

    “Four suspects: Ikechukw Abugu, 42; Sunday Ani, 18; Chukwu Christian, 46; and Emmanuel Olisakwe, 55, were on Thursday, 17th July, arrested by NDLEA operatives along Okene-Lokoja highway, Kogi state in connection with the seizure of 2kg methamphetamine recovered during a search of their vehicle coming from Onitsha, Anambra state to Minna, Niger state.

    “In Abia state, NDLEA officers on Monday, 14th July raided the base of a notorious drug dealer, Nduka Obi, 39, at 4 Niger street, Ugwa road, Aba, where various quantities of tramadol, cocaine, heroin, methamphetamine and a total of N736,000 monetary exhibit were recovered from him.

    “While a total of 45,000 pills of tramadol were seized from a suspect, Chisom Okpalaeke, 30, by NDLEA operatives on patrol along Onitsha – Enugu expressway, Enugu state on Wednesday 16th July, officers of the Taraba state command of the agency same day, apprehended the duo of Ngwokwoka Thomas, 44, and Mohammed Audu, 44, with 10,000 caps of tramadol and a gram of cannabis at Dan Anacha, Gassol LGA.

    “The War Against Drug Abuse (WADA) social advocacy activities by NDLEA Commands equally continued across the country in the past week. Some of them include: WADA sensitisation lecture delivered to students and staff of Government Day Secondary School, Badeggi, Niger; Dah Model Academy, Ngurore, Adamawa; Icon Academy, Nsukka, Enugu; Government Technical College, Nkpor, Anambra and Madrisatul Tahfizul Qur’an Wa Ulumud Deen, Jaba Fagge, Kano state; among others.

    “While commending the officers and men of MMIA, SOU, Lagos, Kaduna, Osun, Bayelsa, Gombe, Borno, Abia, Kogi, Enugu, and Taraba Commands of the Agency for the arrests and seizures of the past week, Chairman/Chief Executive Officer of NDLEA, Brig. Gen. Mohamed Buba Marwa (Rtd) also praised their counterparts in all the commands across the country for intensifying a fair balance between their drug supply reduction and drug demand reduction efforts.”

  • EFCC probing 18 sitting governors, says Olukoyede

    EFCC probing 18 sitting governors, says Olukoyede

    • How ex-gov caused stir spraying pounds sterling at London party

    Half of the current 36 state governors -18 – are being investigated by the Economic and Financial Crimes Commission (EFCC), according to the anti-graft agency’s Chairman, Ola Olukoyede.

    Those found wanting will face the law at the end of their tenure, he said.

    Olukoyede spoke during a sensitization programme for movie producers, musicians and bureau de change operators, in Lagos on Friday.

    The programme was meant to educate the participants on

    the ills of naira mutilation and abuse.

    “As I am talking to you, I am investigating about 18 governors who are still serving. When they leave (office), we will go to the next level,” he said.

     He, however, did not name the governors being probed or give further details of the investigation.

    Speaking on naira abuse and mutilation, he recalled the case of a former governor who was arrested in the United Kingdom for spraying

    pounds at his own (ex-governor’s) birthday party.

    The manager of the hotel hosting the birthday party, Olukoyede said, had called in the authorities after seeing the ex-governor spraying £50 and £10 bills.

    The suspect, he added, was already under EFCC’s investigation while in office, but fled the country just before the expiration of his tenure, to avoid arrest.

    “This governor was investigated while he was in office. Immediately he finished his tenure, the following day, he took off to England to avoid arrest by EFCC,” the EFCC chair said.

    “Coincidentally, that week happened to be his birthday. He organised a birthday party in the hotel where he was staying.

    “While the party was going on, he started spraying pounds — £50 bills and £10 bills.

    “So the manager of the hotel was called. He came down and saw the former governor spraying pounds.

    “He had never seen such a thing in his life, so he had to call 911.

    “When the Metropolitan Police came, he asked that they should help arrest the former governor.

    “The ex-governor was arrested and they wanted to put him in an ambulance.

    “The people — his friends, colleagues and two governors — who went to London to celebrate with him had to intervene.

    “They said the ex-governor was not a mad man, because the hotel manager thought he was mad.”

    Olukoyede sought the cooperation of critical stakeholders from the entertainment industry, media, legal profession and bureau de change operators as well as security agencies with the EFCC in the fight against naira abuse in the country.

    “The Naira is a symbol of our sovereignty. How we treat it reflects how much we respect ourselves as a people,” he said.

    He particularly condemned the rampant spraying, stamping and mutilation of the Naira at social functions.

    He said previous efforts to stamp out the practice have not achieved the desired result.

    His words: “Over the past year, the EFCC, in collaboration with the Central Bank of Nigeria (CBN), has intensified enforcement and public awareness campaigns to combat Naira abuse.

    “These efforts include the establishment of a Task Force on Dollarisation and Naira Abuse, as well as the prosecution of offenders, including public figures and celebrities.”

    He did not agree with those who called money spraying at parties a cultural practice.

    He said: “As a salary earner myself, it is unimaginable for me to throw my hard-earned income into the air.

    “An offence is an offence, and ignorance of the law is no excuse.

     “Being a criminal offence under the CBN Act and the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act, Naira abuse imposes a heavy financial burden on the Central Bank, which expends substantial resources replacing defaced or mutilated notes.”

    Read Also: Presidency slams ADC over Buhari’s burial remarks

    He urged musicians and other entertainers to help in educating their fans on the proper handling of the national currency.

    “In every performance, let one of your opening lines be a reminder to your fans that spraying or stamping on the Naira is a crime.

    “We must all rise to defend the integrity of our currency,” Olukoyede said.

    He said much of the stolen public funds recovered by the agency was being made available to support social investment initiatives of the Federal Government.

    Specifically, N100 billion recovered proceeds of crime have been committed to the National Education Loan Fund (NELFund) and the Consumer Credit Scheme (Credicorp).

    Recovered assets have also been deployed to fund the skill acquisition centre and liaison office for the NDDC in Bayelsa State while a confiscated property in Kaduna State has been converted to the Federal University of Applied Sciences, Kachia.

    Another speaker at the session was the Director General of the National Orientation Agency (NOA), Mallam Lanre Isa-Onilu, who described naira abuse as not only unlawful but unethical.

    “As citizens, we must embody civic responsibility and national cohesion. Our actions must align with the National Values Charter.

    “Values must be our guide in everything we do,” he said.

    He added: “The Naira is not confetti. It is not an accessory for prestige. It is a national asset that demands respect.

    “When you honour the Naira, you honour Nigeria.”

    How Supreme Court strengthened EFCC’s hands in investigating govs

    In a landmark judgment on November 15, 2024, the Supreme Court dismissed a suit filed by 19 state governors challenging the constitutionality of the laws establishing the EFCC, the Independent Corrupt Practices and Other Related Offences Commission, and the Nigerian Financial Intelligence Unit.

    The apex court, in the unanimous judgment read by Justice Uwani Abba-Aji, dismissed the suit for lacking merit.

    It declared that the laws establishing the anti-corruption agencies were validly enacted by the National Assembly within its legislative competence.

    It said that contrary to the claims of the plaintiffs — Kogi, Kebbi, Katsina, Sokoto, Jigawa, Enugu, Oyo, Benue, Anambra, Plateau, Cross River, Ondo, Niger, Edo, Bauchi, Adamawa, Taraba, Ebonyi and Imo states — the EFCC Act derived from a convention, and therefore required no ratification by state assemblies.

    “All laws competently enacted by the National Assembly, including those establishing the EFCC and NFIU, are binding on all states.

    “States cannot enact competing legislation in areas already legislated by the federal government,” Justice Abba-Aji said.

    The court consequently dismissed the plaintiffs’ claims that the investigative powers of the EFCC conflicted with the state legislative authority.

    Olukoyede, in his reaction to the ruling at the time, said it had placed the commission in a stronger position to fight economic and financial crimes and other acts of corruption.

    He said: “We are more solid now than ever before… 19 governors took us to court. They went to court and the judgment that was given makes us stronger than ever before. 

    “The Supreme Court Justices gave it to them, reminded them that the Supreme Court has spoken on this matter and given judgment. So why are you wasting your states’ resources on it? Why are you wasting the time of this court by bringing this application to us again?

    “Number one, they said that the EFCC has power over federal agencies, state agencies and local government agencies. Number two, they said where the EFCC is working, it has the right to cover the field.

    “It is what we call the doctrine of covering the field in Nigeria. It’s a legal doctrine. It’s a principle that says that where a federal agency has covered the field, no state or local government agency has the right to compete with it.

    “In other words, wherever the EFCC is operating, state or local government agencies don’t even have the power to meddle.

    “So, I have told my men that the ball is in our court, now. You can investigate even a serving governor.

    “So, go ahead, investigate their finances and their activities. The only thing you can’t do is prosecute. You have to wait until they leave office when they don’t have immunity anymore.

    “They also warned the people who have been using the instrumentality of the state to shield themselves from justice to desist from it.

    “The Supreme Court has spoken, and it has a big impact. We are going out to work without any further inhibition.”

  • Awujale: Council for Ifa Religion to sue Ogun govt, monarch’s family for violation of burial rites

    Awujale: Council for Ifa Religion to sue Ogun govt, monarch’s family for violation of burial rites

    The International Council for Ifa Religion (ICIR) has threatened legal action against Ogun State government and the family of the late Awujale of Ijebuland, Oba Sikiru Adetona, for violating the traditional rites for burial of traditional rulers in the state.

     ICIR vowed to correct what it described as an anomaly and a departure from the laid down traditional practice of the Yoruba tribe in giving the deceased king proper burial and paying the last respects.

     Recall that the monarch, who joined his ancestors on Sunday, July 13, 2025 at the age of 91, was reportedly buried according to Islamic rites.

     Speaking at a press conference in Ibadan, the Oyo State capital, the President of ICIR, Dr. Fayemi Fatunde Fakayode, referred to the last judicial pronouncement on the matter when the late Awujale was alive, which upheld the burial of traditional rulers according to the customs and traditions of the Yoruba people as against those of foreign religions like Islam and Christianity.

     While commending the Osugbo Confraternity that was saddled with the responsibility of performing the final rites on a deceased Awujale for their peaceful conduct after they were prevented from performing their traditional duties, the ICIR President said the action of the state in enforcing Islamic burial rites for Oba Adetona contravened part 8, section 55, sub-section ¡¡ of the Ogun State Chieftaincy Law.

     He said: “Following the recent controversy surrounding the burial rites of Oba Awujale of Ijebu-Ode in Ogun State, we at the International Council for Ifa Religion (ICIR) commend the Osugbo Confraternity of Ijebu-Ode for their exemplary restraint and patience in the face of adversity.

    “That is, in fact, a virtue that aligns with the noble teachings of Òrúnmìlà.

     “This poignant moment reminds us that the gentleness of a lion is not a sign of weakness but rather a testament to its wisdom and strength, as embodied in the proverb ‘Yíyọ́ ẹkùn; tojo kọ́’.

     “Regarding the burial rites of the late Oba Sikiru Kayode Adetona, it is essential to recall that the matter was settled, while the late kabiyesi was still alive, by a court of law and with the new bill passed in the state. 

    “Any action contrary to this judgment and the laws of the land would be a disregard for the customs and traditions that have been the cornerstone of our heritage.

    “There is no doubt that the burial was not in consonance with the law of the State, and it is obvious that the burial arrangement contravened Part 8, Section 55, Sub-section ii of the Ogun State Chieftaincy law.

     “This issue transcends a mere burial rite; it represents a challenge to the very fabric of our customs and traditions.

    Read Also: FAAC shares highest allocation of N1.818tr in June

    “The actions taken at the event were part of a larger agenda to erode the cultural practices that have defined us for generations and strategic plan towards annihilation of our race by invaders who mischievously naturalised and whose offspring are now pursuing their fathers’ agenda.

     “We urge the sons and daughters of Ijebu-Ode and the entire Yoruba race to recognise that the institution of Obaship is not only a sacred tradition but also a choice that demands respect for our cultural heritage.

    “We must acknowledge that our diversity is our strength and that our differences are what make our culture so rich and vibrant.

    “We condemn the disrespect shown to the Osugbo Confraternity during the event by the family of the late Oba, the government officials and the security agencies concerned.

    “Furthermore, to prevent such occurrence in the future, we will take necessary legal actions.”

    In his remark, the legal representative of ICIR, Barr. Opeodu, noted that the actions of the family of the late Ijebu-Ode monarch, the government of Ogun State and various law enforcement agencies in the state constituted a threat to the growth of democracy and an infringement on the fundamental rights of the traditional believer.

    “In consonance, the actions of the family of the late Ijebu Ode monarch, government of Ogun State and the various law enforcement agencies in Ogun State constitute threat to the growth of democracy, infringement on the fundamental rights of the traditional believers to their own beliefs, an aberration to the extant law regarding the installation and burial of Obas and chiefs and a state of anarchy.

    “The Islamic clergies as led by the Chief Imam of Ijebu-Ode violated the law of the land and as a result demonstrated the lawlessness character and nature of their religion.

     “The traditional institution being a lawful institution is guided by law, unlike Islamic religion. The traditionalists will take appropriate action under the law to seek remedy.”

  • Prime suspect in murder of varsity students develops ‘strange illness’, dies in hospital

    Prime suspect in murder of varsity students develops ‘strange illness’, dies in hospital

    • AAUA students demand corpse

    Grieving students of the Adekunle Ajasin University, Akungba Akoko (AAUA), Ondo State yesterday demanded the corpse of the prime suspect, Femi Oladele, who allegedly orchestrated the murder of their two missing colleagues.

    Their demand followed confirmation by the state’s police command of the reported death of Oladele in a hospital after falling sick on Friday.

    Sources who spoke to our correspondent yesterday revealed that the prime suspect suddenly developed a strange illness after allegedly making a confessional statement about the brutal killing of the two students and their burial in a shallow grave.

    One of the sources, who pleaded anonymity, told our reporter that the suspect – arrested alongside two other accomplices in the murder case – was rushed to the hospital where he gave up the ghost.

    “Tallex (Oladele) is dead. He gave up at the hospital yesterday after he made some confessions to the police over the killing of the two Akungba students. I learnt he had fallen sick shortly after he was arrested,” he said.

    The Police Public Relations Officer in the state, Olayinka Ayanlade, confirmed the death of the suspect when contacted on the phone, saying he was taken to the hospital where he gave up the ghost.

    Ayanlade, a Deputy Superintendent of Police, said the suspect, who allegedly orchestrated the brutal murder of the students who also doubled as his tenants, had been in and out of the hospital before he died yesterday.

    He said: “Yes, he is dead. Following his arrest, the suspect (Oladele) had been in and out of the hospital under close medical supervision and was receiving adequate care before he died in the early hours of yesterday.

    “As of now, the decomposing remains of Okah have been recovered while efforts are ongoing to locate Abba’s body.” 

    The police spokesman explained that two additional suspects identified as one Kola and Micheal, who allegedly withdrew the sum of N800,000 from the late Abba’s account, had been arrested and was in custody, fully cooperating with investigation.

    “So, we are asking members of the public to disregard any distorted narratives seeking to divert attention from the facts, and the Command can assure that justice will be fully pursued and all those involved will be made to face the full weight of the law.

    The two missing undergraduate students, Andrew Eloho Okah and Nohn Friday Abbah, were allegedly kidnapped and subsequently murdered by Oladele. 

    The suspect, popularly known as ‘Tallex’, was the students’ landlord.

    Read Also: Presidency slams ADC over Buhari’s burial remarks

    He was said to have ordered suspected cultists to deal with the victims for allegedly being disrespectful to him.

    The two undergraduate students were consequently abducted, robbed, raped and murdered. 

    The Nation had earlier reported the grim discovery of their bodies near the Ondo-Ekiti border weeks after their course mates declared them missing and absent from classes.

    “Although we deeply sympathise with the families, friends and academic communities of the victims and remain unwavering in our commitment to justice and public safety,” he said.

    In a statement it issued yesterday, however, the Students Union Government (SUG) of the institution, apparently suspecting foul play, expressed deep sorrow over the tragic and untimely death of their two colleagues and also demanded to see Oladele’s corpse.

    The statement, jointly signed by the trio of Salami Akeem, President; Bakare Abiodun, General Secretary and Ajidagba Mosadoluwa, Public Relations Officer (PRO) of the SUG, noted that the gruesome murder of the two students had plunged the entire university community into mourning.

    They noted that the death of the suspect has raised pressing questions regarding the circumstances surrounding the murder case of their colleagues.

    The statement said: “Earlier today, it was reported that one of the suspects linked to the murder of the two students had died in a hospital while in custody.

    “This sudden development has further intensified the call for transparency and accountability from the Nigerian Police Force.

    “In light of this, the Students’ Union is demanding that the Nigeria Police immediately produce the body of the deceased suspect.

    “We are giving the police a strict ultimatum of 24 hours from the release of this statement to comply with this demand.” 

    While demanding justice for the killing of their two colleagues, the students’ union leaders said a thorough, transparent and fair investigation must be carried out by the police over the muder case.

    They noted that it is the least owed to the grieving families, the university’s community and the general public, stressing that findings related to the murder case must be made public and handled with the highest level of integrity.

    They also charged the police to act with full responsibility, professionalism and commitment to justice.

    “We are bringing this demand directly to the attention of the Ondo State Commissioner of Police, CP Adebowale Lawal.

    “We reiterate that our demands must be met within the given time frame in order not to result in a mass demonstration by all the students of Adekunle Ajasin University, Akungba-Akoko and other concerned Nigerian students.

    “This protest will be carried out physically as enshrined in our rights as citizens, to demand transparency, accountability and the proper handling of this sensitive matter.

    “The Adekunle Ajasin University Students’ Union remains resolute in its commitment to protecting the welfare and dignity of its members.”

  • Presidency slams ADC over Buhari’s burial remarks

    Presidency slams ADC over Buhari’s burial remarks

    The Presidency has fired back at the African Democratic Congress (ADC) over its recent statement accusing President Bola Ahmed Tinubu’s administration of exploiting the death of former President Muhammadu Buhari for political image laundering, describing the opposition party’s claims as “shameless” and “obnoxious.”

    Reacting through a statement on Saturday, Special Adviser to the President on Media and Public Communications, Mr. Sunday Dare, the Presidency accused the ADC and its leading figures of “disrespecting Buhari and dancing on his grave for relevance.”

    “Let it be said clearly: the ADC is the one exploiting Buhari’s death for political attention, not this government. From Atiku and El-Rufai’s choreographed arrival in Daura — greeted with chants seeking to make political capital from the solemnity of the moment — to this disgraceful press statement, the ADC has shown itself to be utterly shameless,” it stated.

    The Presidency dismissed the ADC’s criticism as a “laughable tantrum” and part of a pattern of opportunistic outrage. 

    “This is not the first time the ADC — in its pitiful, stuttering attempts at reinvention — has embarrassed itself with hollow, attention-seeking criticisms. A party still grappling with an identity crisis presumes lecturing the President of the Federal Republic on governance, decorum, and public accountability. How utterly ridiculous”, the statement read.

    In contrast to the ADC’s allegations, the Presidency insisted that President Tinubu’s conduct during the mourning period was both dignified and befitting of the stature of the late former President. 

    “The burial of former President Buhari was conducted with the complete honour befitting a leader of his stature. That is why world leaders showed up, millions of Nigerians tuned in on television and across social media, and even ADC promoters were falling over themselves in Daura, prancing about the Buhari family compound like eager real estate agents scouting new territory,” it noted.

    Highlighting the administration’s focus and performance, the statement outlined what it described as President Tinubu’s growing list of achievements, including naira stabilisation, improved oil production, a 60% increase in FAAC allocations, and the restoration of electricity to long-neglected communities.

    Other milestones, it said, include the ongoing Lagos-Calabar Coastal Highway, the Ogbia-Nembe Road, and the new Sokoto-Badagry Road; student loans under the NELFUND scheme benefiting 400,000 young Nigerians; the creation of regional development commissions; and the launch of Nigeria’s first-ever Consumer Credit Scheme.

    “These are not press statements. These are results. Tangible, measurable, and ongoing. That is leadership,” Dare declared.

    The Presidency described the ADC as a political “contraption” plagued by internal strife and legal woes, noting that the party has become consumed by “internal squabbles” and is “reduced to issuing these baseless attacks to cling to the fringes of relevance.”

    In a final swipe, Dare stated: “Let it be said without equivocation: Nigerians are not fooled. No press statement — however venomous — can erase the facts of progress. President Tinubu honoured Buhari with dignity in death and continues to honour his legacy through hard work, not hollow words.”

    It urged Nigerians to ignore the “political noise” from what he called “an outfit gasping for attention,” affirming that President Tinubu remains focused on delivering the Renewed Hope Agenda.

  • FAAC shares highest allocation of N1.818tr in June

    FAAC shares highest allocation of N1.818tr in June

    The Federation Account Allocation Committee (FAAC) has shared N1.818 trillion among the Federal, State, and Local governments as revenue generated in June 2025 — the highest monthly allocation so far this year.

    The amount was disclosed in a communiqué  after the FAAC meeting in Abuja for July 2025. 

    The statement, sby Mr. Bawa Mokwa, Director of Press and Public Relations at the Office of the Accountant General of the Federation (OAGF), confirmed that this latest distribution marks a significant rise from the previous five months.

    In comparison, the amount shared in May was N1.659 trillion while April saw N1.681 trillion. March recorded a distribution of N1.578 trillion, February had N1.678 trillion, and January began the year with N1.703 trillion.

    The N1.818 trillion shared in July was made up of several revenue streams. These included N1.018 trillion from statutory revenue, N631.507 billion from Value Added Tax (VAT), N29.165 billion from the Electronic Money Transfer Levy (EMTL), N38.849 billion from exchange difference revenue, and an augmentation of N100 billion sourced from non-mineral revenue.

    According to the communiqué, total gross revenue available in June 2025 was N4.232 trillion. From this amount, deductions for the cost of collection amounted to N162.786 billion, while a total of N2.251 trillion was earmarked for transfers, interventions, refunds, and savings.

    A breakdown of the gross revenue components revealed that statutory revenue for June stood at N3.485 trillion, a substantial increase of N1.390 trillion compared to the N2.094 trillion received in May. Conversely, gross VAT revenue dropped from N742.820 billion in May to N678.165 billion in June, representing a decline of N64.655 billion.

    From the N1.818 trillion distributable revenue, the Federal Government received N645.383 billion. The State Governments received N607.417 billion, while the Local Government Councils got N444.853 billion. Additionally, N120.759 billion was distributed to oil-producing states as 13 percent derivation revenue from mineral sources.

    Within the N1.018 trillion statutory revenue segment, the Federal Government received N474.455 billion. The State Governments were allocated N240.650 billion, and the Local Government Councils received N185.531 billion. Oil-producing states got N118.256 billion as part of the 13 percent derivation.

    For the N631.507 billion generated from VAT in June, the Federal Government took N94.726 billion. The State Governments received N315.754 billion, while the Local Governments received N221.027 billion.

    Of the N29.165 billion received from EMTL, the Federal Government was allocated N4.375 billion. The States received N14.582 billion, and the Local Government Councils got N10.208 billion.

    Revenue from the exchange difference amounted to N38.849 billion. From this amount, the Federal Government received N19.147 billion, the States were allocated N9.712 billion, and the Local Governments got N7.487 billion. A further N2.503 billion was distributed to states entitled to derivation revenue.

    The N100 billion augmentation from non-mineral sources was shared with the Federal Government receiving N52.680 billion. The State Governments got N26.720 billion, while Local Governments were allocated N20.600 billion.

    FAAC also reported that revenue inflows from Companies Income Tax (CIT), Petroleum Profit Tax (PPT), and Electronic Money Transfer Levy increased significantly in June. However, receipts from Oil and Gas Royalty, VAT, Import Duty, Excise Duty, and Common External Tariff (CET) Levies recorded noticeable declines.

    The significant revenue boost in June is expected to provide some fiscal breathing space for governments at all levels as they continue to grapple with funding obligations and development programmes amid broader economic adjustments.

  • Breach of palace protocols: How council chairman engaged Lagos prince in physical combat

    Breach of palace protocols: How council chairman engaged Lagos prince in physical combat

    A private visit to the palace of a Lagos monarch, the Olu of Agboyi kingdom in Agboyi-Ketu Local Council Development Area (LCDA) by the delegation of the chairmanship candidate of the All Progressives Congress (APC) led by the council chairman, Hon. Dele Oshinowo, ended in chaos as the council chairman and the younger brother to the monarch engaged in physical combat, reports KUNLE AKINRINADE.

    The guests were waiting. The Baales (traditional rulers) were seated. The royal abode was to play host to the chairmanship candidate of the All Progressives Congress (APC) in the just concluded council elections, Mrs. Tola Oyedele-Abubakar and her running mate, Yomi Ganiyu. But an unexpected drama punctured the mood at the palace of the Olu of Agboyi, Oba Monsru Abimbola Oladega (Akinmasa 1) shortly after the arrival of the APC candidate accompanied by the chairman of the Agboyi-Ketu Local Council Development Area (LCDA), Hon. Dele Oshinowo.

    As the story goes, members of the entourage stayed at the waiting room on arrival, expecting the monarch to invite them over to his chamber upstairs as protocol demands, since it was a private visit. But moments later, the council chairman led the large entourage to see the monarch. But as they approached the staircase, he was told by the monarch’s younger brother, Prince Ibrahim Kehinde Oladega, to reduce the number of people on the entourage as the palace protocols demand for such a visit.

    Oladega’s intervention led to an altercation between him and the chairman, and the situation soon degenerated into exchange of slaps and physical combat, bringing the visit to an abrupt end.

    Tension was said to have risen as other members of the entourage threatened to further assault Oladega despite the monarch’s appeal for peace to reign.

    Oshinowo subsequently reported the incident to the Police Area Command, Ogudu, where Oladega was invited and asked to write a statement before he was later released on bail.

    A statement issued by the office of the council chairman, titled ‘setting the record straight’, described the incident as a provoked confrontation orchestrated by Prince Oladega, adding that it was not an indiscretion on his (Oshinowo’s) part.

    The statement also described the visit to the palace as a formal political courtesy visit, being part of the pre-election engagements with critical stakeholders meant to introduce council candidates of the APC to traditional rulers, with Oshinowo as the head of the delegation.

    The statement described the confrontation as a blatant power play by Oladega, which undermined party structure and democratic principles. It further alleged that Oladega tried to deny key members of the delegation entry to the monarch’s chamber, during which Oshinowo, who attempted to intervene, was allegedly assaulted by Oladega.

    The statement reads in part: “This was not an act of bravado but an attempt to maintain decorum during an official visit.

    “Kehinde Ladega has no official role, yet he continues to parade himself as a gatekeeper of the palace, harassing public officials with impunity.”

    The statement explained further that the incident was not the first encounter between Oshinowo and Oladega, noting that a similar incident involving the duo had occurred during the inspection of the Agboyi Bridge, where the duo had a confrontation.

    The statement also accused the palace of enabling a pattern of harassment by its failure to reprimand Ladega over his conduct.

    “Ladega is a man hiding behind his brother’s throne. The public should see beyond media manipulation and personal vendetta and focus on governance outcomes.

    “Mayor Oshinowo’s administration has delivered more development to Agboyi-Ketu LCDA than any previous government.”

    An official statement released by the palace of the monarch however blamed Oshinowo for breaching palace protocols and for unruly behaviour during the visit.

    The statement signed by the Akogun of Agboyi Kingdom, Chief E.B.O Ogunseye, described Oshinowo’s account of the incident as misleading narratives, adding that the monarch’s composure while the incident lasted was misconstrued as silence.

    The palace explained that the council chairman was listed among the chairmanship candidate’s delegation to the monarch and that the demand of five member delegation to the private quarters of the monarch was breached by Oshinowo, leading to the altercation with Prince Oladega who drew the chairman’s attention to the breach in the palace traditional protocol.

    The statement reads: ”The Palace of Olu Agboyi Kingdom has noted with concern the recent remarks by Prince Ibrahim Oladega and the  Executive Chairman of Agboyi-Ketu LCDA, Mayor Dele Oshinowo, regarding an incident at the palace.

    “While we typically avoid public exchanges, the dissemination of inaccuracies compels us to present the facts for the sake of truth and communal harmony.

    “It should be noted that the visit of Mrs. Tolani Abubakar Oyedele was intended to be a private one, with no more than five guests expected, and was spearheaded by Prince Oladega Ibrahim Kehinde, a task personally given to him by the chairmanship candidate of the APC.

    “The incumbent chairman (Oshinowo) was not listed among the expected attendees, neither does anyone have the right to barge into the private quarters of the king except if invited by the palace guard.

    “However, the palace would have made arrangements to receive the executive chairman as is customary.

    “His Royal Majesty, the Olu of Agboyi Kingdom embodies wisdom and neutrality. His deliberate restraint during the altercation was a strategic effort to de-escalate tension and ensure due process, not indifference.

    “Misrepresenting this dignified composure undermines the reverence owed the throne.

    “In the absence of the Olu of Agboyi’s aides, Prince Ladega, as a senior royal family member and a worthy prince of the kingdom acted within his authority to uphold decorum when unannounced guests breached protocol, particularly by encroaching on the Olu’s Iyewu (private quarters).

    “While the duty to safeguard the sanctity of the palace remains undisputed, His Majesty and the Chiefs unequivocally condemned the retaliation against the Executive Chairman (Oshinowo).

    “The initial attack on the Prince was shameful and entirely unbefitting of a public office holder. We also denounced the subsequent exchange of slaps involving the Prince (Oladega), as it is a grave taboo to strike royalty within the palace grounds.”

    The palace further condemned Oshinowo for acting out of order, saying: “We must state plainly that the Executive Chairman (Oshinowo) acted with unacceptable rudeness and conduct unbecoming of his position.

    “Such actions undermine the dignity of both the palace and public office.”

    The statement disclosed the existence of a footage recorded by the security camera installed in the palace, which captured the incident in its entirety, and called for a thorough investigation of the incident. 

    “The palace’s CCTV footage is unaltered and irrefutable. We welcome impartial scrutiny by investigative bodies and urge stakeholders to seek facts through official channels rather than resorting to speculative narratives.

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    “The claim of a “pattern of harassment” is baseless and insults the integrity of the Olu of Agboyi’s stool.

    “Past issues involving some youths and not Prince Ibrahim Kehinde Oladega were resolved internally, and the palace remains committed to justice.

    “Such allegations appear politically motivated to tarnish the institution’s reputation.”

    The palace noted that while it recognized and respected the mutually beneficial relationship between it and the council chief, the traditional protocol should not be sacrificed on the altar of the relationship.

    “The Palace of Olu Agboyi Kingdom acknowledges and appreciates the symbiotic relationship between the local government and the traditional institution.

    “We have always supported progress and collaboration with the local government for the betterment of our dear LCDA.

    “However, progress must not come at the expense of tradition. Mutual respect for cultural norms (Omo Yoruba ni wa) is non-negotiable.”

    The statement added: “The Olu of Agboyi Kingdom prioritises peace and unity. We urge all parties to eschew misinformation and engage in constructive dialogue through appropriate avenues.

    “The palace, as the custodian of heritage, will not entertain politicised distortions but remains open to reconciliation anchored in truth and respect.

    “We state clearly that the video speaks on this matter, both in what is said and what is left unsaid. Respect is reciprocal.”

    The footage of the incident obtained by our correspondent showed the moment the delegation arrived at the palace where members of the entourage initially waited at the reception.

    Moments later, the delegation led by Oshinowo was seen approaching the staircase to the private quarters of the monarch.

    Oladega, who was standing on the stair case, was seen talking to the chairman apparently about the large entourage, and he was meted with slaps.

    In return, Oladega slapped the council chairman and the situation degenerated into physical combat and chaos.