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Beyond Akinlade’s Dark Revelations About Ladi Adebutu – In the House of Betrayal, Walls Crumble on the Edifice of Deceit

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– The Unholy Alliance That Would Have Plunged Ogun into an Abyss”

– The Mirage of Ideology: A Power Grab Disguised as Leadership

In the grand theater of Nigerian politics, alliances are often forged not out of shared ideals but out of expedience. The coalition between Ladi Adebutu and Adekunle Akinlade was a classic case of such convenience—a marriage of strange bedfellows united only by their lust for power.

As the dust of the 2023 election settled, it became glaringly evident that their partnership was devoid of any genuine ideological foundation. Akinlade’s recent outburst, declaring that Ogun State was spared a calamity by Adebutu’s defeat, underscores the hollow nature of their alliance. It is an indictment not just of Adebutu’s leadership but of the entire campaign—a campaign that was more about seizing power than serving the people

The Illusion of Unity: When Convenience Breeds Contempt
Beneath the glittering facade of political ambition often lies a festering rot—a decay of principles, honour, and integrity. This grim reality has been laid bare in the aftermath of Ogun State’s 2023 gubernatorial race, where the once allied forces of Adebutu and Akinlade unraveled in a spectacle of mutual disdain.

Akinlade, the erstwhile deputy governorship candidate under the banner of the People’s Democratic Party (PDP), has unleashed a scathing tirade against his former running mate, Adebutu, painting a picture of a disaster narrowly averted. Had Adebutu triumphed in the election, Akinlade argues, it would have heralded a season of despair for Ogun State—a sentiment that speaks volumes about the crumbling alliance that was, perhaps, doomed from the start.

A House Divided
Akinlade’s condemnation of Adebutu goes beyond mere political rhetoric; it reveals deep-seated animosity and a fundamental lack of trust that had simmered beneath the surface of their public alliance. His comparison of Adebutu to a child trapped in a man’s body—a leader bereft of the mental fortitude and maturity required for governance—lays bare the fractures that have long existed between them. This characterization is more than just an insult; it is a stark admission that their union was never truly cohesive, never truly built on a shared vision for Ogun State. Akinlade’s remarks are not just the sour grapes of a defeated politician—they are the bitter truths of a man who now feels unshackled by the chains of a failed alliance.

The Mirage of Ideology: A Power Grab Disguised as Leadership
What emerges from Akinlade’s diatribe is the revelation that their campaign was a mirage—an illusion of unity masking a void of ideology. In the absence of a coherent philosophy or vision, their joint ticket was nothing more than a vehicle for personal ambition. Akinlade’s declaration that Adebutu’s victory would have spelled disaster for Ogun State is a damning critique of their shared enterprise. It exposes their campaign as one driven by a hunger for power, rather than a genuine desire to uplift the state. The partnership was not rooted in a commitment to the people of Ogun but in a selfish pursuit of political dominance—a pursuit that, had it succeeded, would have left the state in ruins.

The Specter of Calamity: What Might Have Been
Akinlade’s imagery of divine intervention, with an imam’s prayer as the fulcrum that tipped the scales away from an impending disaster, is as poetic as it is ominous. The suggestion that Ogun State narrowly avoided a period of sorrow and backwardness paints a chilling picture of what could have been. It is a stark warning to the electorate of the dangers of electing leaders whose ambitions are not grounded in a sincere commitment to governance. Akinlade’s words serve as a cautionary tale—a reminder that the consequences of such ill-fated alliances can be catastrophic, not just for the politicians involved, but for the entire state they seek to govern.

A Prelude to Disaster: The Incompetence That Never Was
In his scathing assessment, Akinlade portrays Adebutu as a man wholly unfit for the rigors of leadership. His accusation that Adebutu’s father still provides him with a weekly allowance is a metaphorical dagger, cutting to the core of his former running mate’s credibility. This image of a man-child, incapable of managing his own affairs, let alone the complex machinery of state governance, is a brutal takedown of Adebutu’s persona. It suggests that Ogun State was saved not just from poor leadership, but from a catastrophe of incompetence that would have set the state back by years. The notion that Adebutu, despite his advanced age, lacks the maturity and judgment necessary for governance is a potent indictment, one that raises serious questions about the decision-making processes that led to his candidacy in the first place.

The Aftermath: End of a Fraught Alliance
As the political landscape of Ogun State continues to shift in the wake of the 2023 elections, the fallout between Adebutu and Akinlade serves as a sobering reminder of the dangers inherent in political alliances born out of expediency rather than conviction. Akinlade’s blistering critique of his former ally is not just an attack on Adebutu, but on the very nature of their campaign. It is a repudiation of the opportunism that drove their bid for power, and a stark warning to those who would seek to govern without a clear and principled vision.

Subheading: A Cautionary Tale: Lessons for the Electorate
In the final analysis, the saga of Adebutu and Akinlade is a cautionary tale for the electorate—a reminder that not all that glitters is gold. The allure of charismatic leadership and grand promises can often mask deeper flaws—flaws that, if left unchecked, can lead to disastrous consequences. Akinlade’s revelations should serve as a wake-up call to the people of Ogun State and beyond: to look beyond the surface, to question the motivations of those who seek their vote, and to demand leaders who are not just ambitious, but principled and committed to the common good.

The Path Not Taken: A Glimpse into a Dark, Alternative Future
As Ogun State moves forward under the leadership of Governor Dapo Abiodun, Akinlade’s words hang in the air like a specter—a glimpse into a dark alternative future that, by his account, the state narrowly escaped. The story of Adebutu and Akinlade is not just a tale of political betrayal, but a profound lesson in the perils of leadership unmoored from principle. It is a reminder that in the world of politics, as in life, the choices we make—and the alliances we form—can have far-reaching consequences. And sometimes, as Akinlade so vividly illustrates, the most important victories are the disasters we manage to avoid.

 

Source: The Capital

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Alleged Forgery: EFCC Set To Arraign Oba Otudeko, Ex-First Bank MD Bisi Onasanya For N12.3Bn Fraud

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Justice Chukwujekwu Aneke of the Federal High Court in Lagos has fixed Monday, January 20, 2025, for the Economic and Financial Crimes Commission, EFCC, to arraign the Chairman of Honeywell Group, Chief Oba Otudeko and a former First Bank Managing Director Stephen Olabisi Onasanya for allegedly looting N12.3billion naira from First Bank.
Otudeko – former Chairman of First Bank of Nigeria, FBN Holdings – and Onasanya are to be arraigned alongside a former board member of Honeywell Soji Akintayo and a firm, Anchorage Leisure Limited connected to Otudeko.
According to the EFCC, the four committed the fraud in tranches of N5.2billion, N6.2billion, N6.150billion, N1.5billion and N500million, N6.2bbillion and N2.09 Billion between 2013 and 2014 in Lagos.
The 13-count charge, filed by EFCC counsel Bilikisu Buhari on January 16, 2025, further claimed that the defendants made and uttered forged documents to deceive the bank.
Otudeko, Onasanya, Akintayo and Anchorage will be brought before Justice Aneke, to whom the case, registered as FHC/L/20C/2025, has been assigned.
Specifically, count 1 accused the defendants of conspiring “to obtain the sum of N12.3Billion from First Bank Limited on the pretence that the said sum represented credit facilities applied for by V-TECH DYNAMIC LINKS LIMITED and Stallion Nigeria Limited, which representation you know to be false.”
In Count 2, it was alleged that the defendants, on or about the 26th day of November 2013 in Lagos, “obtained the sum of N5.2 Billion from First Bank Limited on the pretence that the said sum represented credit facilities applied for by V TECH DYNAMIC LINKS LIMITED which representation you know to be false.”
The 3rd count claimed that the defendants, between 2013 and 2014 in Lagos, obtained N6.2 Billion from First Bank Limited on the pretence that the said sum represented credit facilities applied for and disbursed to Stallion Nigeria Limited, which representation you know to be false.”
In the 4th count, they were accused of conspiring to spend the N6,15 Billion, out of the monies.
According to the Commission, the offences contravened Section 8(a) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006 and are punishable under Section 1(3) of the same Act.
Counts 5 and 6 read: “That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO AND ANCHORAGE LEISURE LIMITED on or about 11th day of December 2013 in Lagos, procured Honeywell Flour Mills Plc to retain the sum of N1,5 Billion, which sum you reasonably ought to have known forms part of proceeds of your unlawful activities to wit: Obtaining by False Pretense and you thereby committed an offence contrary to Section 18(c), 15 (2) (d) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.
“That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO, AND ANCHORAGE LEISURE LIMITED on or about the 17th day of December 2013 in Lagos, converted to the use of Honeywell Flour Mills Plc the sum of N500 Million Naira Only which sum you reasonably ought to have known forms part of proceeds of your unlawful activities to wit: Obtaining by False Pretense and you thereby committed an offence contrary to Section 15(2 (b)) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.”
Other charges are as follows:
“Count 7. That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO AND ANCHORAGE LEISURE LIMITED on or about the 3rd day of September 2013 in Lagos and within the jurisdiction of this Honourable Court conspired amongst yourselves to commit an offence to wit: uttering a forged document – titled “Letter of Application” with the intent that it may be used by the First Bank in the belief that the said document is genuine and emanated from V-Tech Links Dynamic Limited, and you thereby committed an offence contrary to Section 3(6) of the MISCELLANEOUS OFFENCES ACT, Cap M17 Laws of the Federation of Nigeria 2004 and punishable under Section 1(2)(c) of same Act.
“COUNT 8: That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO AND ANCHORAGE LEISURE LIMITED on or about the 3rd day of September 2013 in Lagos and within the jurisdiction of this Honourable Court uttered a forged document titled “Letter of Application” with intent that it may be used by the First Bank in the belief that the said document is genuine and emanated from V-Tech Dynamic Links Limited, and you thereby committed an offence contrary to Section 1(2)(c) of the MISCELLANEOUS OFFENCES ACT, Cap M17 Laws of the Federation of Nigeria 2004 and punishable under same Act.
“COUNT 9 That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO AND ANCHORAGE LEISURE LIMITED on or about the 3rd day of September 2013 in Lagos and within the jurisdiction of this Honourable Court conspired amongst yourselves to commit an offence to wit: making false document titled “AUTHORIZATION TO ISSUE INVESTMENT CERTIFICATE TO FIRST BANK” with intent that it may be used by First Bank in the belief that the said document is genuine and emanated from V-Tech Links Dynamic Limited, and you thereby committed an offence contrary to Section 3(6) of the MISCELLANEOUS OFFENCES ACT, Cap M17 Laws of the Federation of Nigeria 2004 and punishable under Section 1(2)(c) of same Act.
“COUNT 10: That you, CHIEF OBA OTUDEKO, STEPHEN OLABISI ONASANYA, SOJI AKINTAYO AND ANCHORAGE LEISURE LIMITED on or about the 3rd day of September 2013, in Lagos and within the jurisdiction of this Honourable Court made a forged document titled “AUTHORIZATION TO ISSUE INVESTMENT CERTIFICATE TO FIRST BANK” with Intent that it may be used by the First Bank in the belief that the said document is genuine and emanated from V-Tech Links Dynamic Limited, and you thereby committed an offence contrary to Section 1(2) (c) of the MISCELLANEOUS OFFENCES ACT, Cap M17 Laws of the Federation of Nigeria 2004 and punishable under same Act.
“COUNT 11: That you, CHIEF OBA OTUDEKO AND STEPHEN OLABISI ONASANYA on or about the 31st day of October 2014 in Lagos, within the jurisdiction of this Honourable Court procured Abiodun Olatunji and Raymond Eze to transfer the sum of N6,200,000,000 (Six Billion, Two Hundred Million Naira Only), to STALLION NIGERIA LIMITED’s account number “2015708429” domiciled with First Bank, which sum you reasonably ought to have known formed part of the proceeds of unlawful activities to wit: Fraudulent False Accounting and you thereby committed an offence contrary to Sections 18 (c) and 15(2 (b) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.
“COUNT 12: That you, CHIEF OBA OTUDEKO AND STEPHEN OLABISI ONASANYA on or about 11th day of December, 2013 in Lagos, within the jurisdiction of this Honourable Court procured Abiodun Olatunji and Raymond Eze to transfer the sum of N2, 090, 000,000 (Two Billion, Ninety Million Naira Only), from STALLION NIGERIA LIMITED’s account number “2015708429” domiciled with First bank, to Emmerado Logistics Limited’s account number “0688985010” domiciled with First City Monument Bank, which sum you reasonably ought to have known formed part of the proceeds of unlawful activities to wit: Fraudulent False Accounting and you thereby committed an offence contrary to Sections 18 (c) and 15(2 (b) of the Money Laundering (Prohibition) Act, 2011 (as amended) and punishable under Section 15(3) of the same Act.
“COUNT 13: That you, CHIEF OBA OTUDEKO on or about the 3rd day of September 2013 in Lagos, within the jurisdiction of this Honourable Court whilst being the Chairman of First Bank Plc indirectly had a personal interest in a loan facility sought for by V Tech Dynamics Links Limited in the sum of N6,150,000,000.00 (Six Billion, One Hundred and Fifty Million Naira Only), which interest was not declared to the Bank and you thereby committed an offence contrary to Section 18(1) BANKS AND OTHER FINANCIAL INSTITUTIONS ACT 2004 and punishable under Section 18(2) of same Act.”

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Certificate Scandal: We don’t have your record as a lawyer. – Supreme Court To Ex Speaker Obasa….

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More trouble may be brewing for the former Speaker of the Lagos State House of Assembly, Mudashiru Obasa, as the Supreme Court of Nigeria has revealed that there was no record of him as a lawyer in their registry.

 

 

The apex court keeps records of all certified lawyers allowed to handle cases in any Nigerian court.

 

Obasa’s profile on Wikipedia and the Lagos Assembly’s website describes him as a lawyer and solicitor of the Federal Republic of Nigeria even though there is no mention of where he practiced or a case he handled.

 

He is also described on the Assembly’s website as graduating from the Nigerian Law School in 2007, a year after he obtained a Bachelor of Law degree from the Lagos State University.

 

But in a response to an enquiry on the subject matter on July 24, 2020, the Supreme Court categorically stated that Obasa’s name was not found on the numerous rolls of legal practitioners kept with it.

 

 

The letter signed by one Gertrude B. Karenton-Mordi on behalf of the Chief Registrar of the Supreme Court and seen on Monday, said, “This is to inform you that we have checked our records and cannot find the name: MUDASHIRU AJAYI OBASA on the nemerous Rolls of Legal Practitioners kept in this honourable court.

 

 

MUDASHIRU AJAYI OBASA is at liberty to come to the honourable court with his call to bar and qualifying certificates for enrollment.”

 

Interestingly, this is not the first time that the 47-year-old Lagos Assembly Speaker will be linked to a scandal — this merely adds to a long list of alleged wrongdoing Obasa had been discovered to be involved in.

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National Sports Festival: FG, Enugu govt sign host state agreement

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The Federal and the Enugu State Government have signed the host state agreement in respect of the 2026 National Sports Festival billed to hold in the South East State.

The agreement, which was signed by the Director-General of the National Sports Commission, Hon. Bukola Olopade for the FG and Governor Peter Mbah for Enugu State, on Tuesday, now awards Enugu State the full hosting rights for the 2026 edition of the National Sports Festival.

Speaking at the signing ceremony at the Government House, Enugu, Governor Peter Mbah thanked the Commission and other sports stakeholders for the confidence reposed in the state and his administration to stage the event, assuring that it would discharge its hosting responsibilities in a way that would leave a lifelong memory and experience on the athletes and all lovers of sports in Nigeria and beyond.

“We also appreciate the value and significance of this award. I want to commend the commission for finding Enugu worthy of being the next host of the 23rd National Sports Festival. We are going to discharge ourselves creditably.

“As you know, we like to be a role model as a state that gained preeminence over 115 years ago. We will not want to let our forebears down. We will live up to that standard.

“We have already set forth at dawn. Immediately that announcement was made, we mobilised our team. We are already working on revamping the Awgu Games Village and a whole lot. We have decided to deliver a brand new Games Village. We are also completely renovating the stadium to brand new.

“We are making sure that by the time you come here by the end of this year, you are going to be highly impressed. It is not revamping, rebranding or re-equipping, but we are also going to build additional facilities to the existing one.

“We are looking forward to having a word-class experience befitting the sports men and women, making our hosting a lifelong memory and experience,” he stated.

Earlier in his address, Hon. Olopade said the commission was encouraged by Enugu’s bid, available facilities, improved security in the state, and Governor Mbah’s determination to turn around the sports and social infrastructure to grant Enugu the right to host the event after the 22nd edition to be hosted by Ogun State.

The National Sports Commission boss added that the hosting would boost investment and tourism in the state before, during and after the event.

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