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Six months after commissioning, Ekiti State’s multi-million naira markets remain unused

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On November 8, the cloudy sky changed the bustling mood at a local market in Otun, the headquarters of Moba Local Government Area of Ekiti State, south-west Nigeria. A downpour soon arrived that drenched many of the traders.

By the side of the road near the market was Abubakar Muhammad, who repairs and sells electronics. He said his petty business was collapsing. The previous time there was rain, his gadgets and electronic materials were swept by the flood. Many of them were damaged.

“Before I finished packing my electronics, the water had drenched many of my radios,” Mr Muhammad told UDEME. “The radio appliances touched by the floods stopped working. I lost about N45,000. That would not have happened if I had a shop. Nobody was there to help me. Other people too were rushing to pack their things.”

The middle-aged man said he had tried to rent one of the new shops in the market but failed. He then joined other traders selling at the roadside. His wares and chair were arranged under an umbrella from where he called and attended to customers. He had been in the same location for 13 months.

It was perhaps to rescue people like Mr Mohammed that former Governor Kayode Fayemi between 2010 and 2014, during his first term, initiated a project to build “modern neighbourhood markets” across the 16 local government areas of the state. The markets, designed to feature lock-up shops, open stores, toilets and water facilities, would boost economic activities in the state, the governor had said.

It took years to complete the projects as some of them were only commissioned by the governor in July, about three months before the end of his second non-consecutive term. However, while the new modern markets in other areas of the state are partially open for use, the facilities in Otun-Ekiti and Oye-Ekiti have remained locked since they were commissioned.

This has left many of those targeted to rent spaces in the facilities to continue their trading by roadsides. Many of the roadside traders interviewed by UDEME said the delay in opening up the new market for use has defeated the purpose of the project. They said they were eager to rent the shops to carry on their trade under decent conditions.

Florence Adefula sells smoked fish by a roadside in Otun-Ekiti. She told UDEME that the lack of a proper market space hurts her petty trade. “Any time it rains, all of us selling here run helter-skelter, packing up our things,” she said. “And when it is the dry season like this, dust will not allow one to rest.”

Inside the abandoned neighbourhood market
When UDEME visited the new market in Otun-Ekiti, a section of it had been overgrown by shrubs. The facility has four blocks with 28 locked-up shops and 28 open stores. It also has a motorised water system and toilets.

The market in Oye-Ekiti has also been overtaken by weeds when UDEME visited. The facility has become a home for reptiles and rodents, to the fear and consternation of their human neighbours.

“If they will not use it, at least, they should be clearing the bushes,” Bisola Ajalaye, a resident of Oye whose house is close to the facility, told UDEME. “Snakes are living in that place and I have told my children to always lock our doors so that the snakes will not enter our house.”

A female student of Federal University Oye-Ekiti (FUOYE), Ayomide Akintunde, also lives close to the facility. She said its current state poses security risks to residents of the area.

“At night, the road at the front of the market is always very dark and I have to pass through it to get to my hostel,” she said. “Most of the time, we female students seek the company of males to pass through that place. They should please do something about it.”

Why facilities are abandoned
Reacting to the findings in this report, Biodun Adebayo, the head of the community and development department at Oye-Ekiti Local Government secretariat, acknowledged that the neighbourhood market was commissioned in July by the wife of the former governor, Bisi Fayemi.

“After the commissioning, what the wife of the governor said was that the chairmen and traditional rulers that fall within those LGA and its LCDAs should put their heads together and distribute the stores and the shops at the market, among themselves,” Mr Adebayo said.

The Fayemi administration had created two local council development areas (LCDAs) – Ifesowapo and Ifeloju LCDAs located in Isan-Ekiti and Ilupeju-Ekiti, respectively, out of Oye Local Government Area. This means the new facility is now under the administration of three local councils.

“Till now, the LCDAs and LGA have not met to distribute the facility let alone put it into use,” Mr Adebayo added.


About the maintenance of the facility, he said: “During the rainy season, we used to take care of that place every two months. But this is the dry season where there would be no need for constant clearing.”

The Chairperson of Ifeloju LCDA, Babatunde Ogunmilugba, blamed the abandonment of the facility on the slow decision-making process at the LCDAs and Oye LGA.

“What we are waiting for is the Oye LGA to invite us to a meeting. Soon, we are going to have the meeting and the place will be distributed,” he said.

In Moba LGA, Adediran Agboola, a top official of the council, said the authorities were in the process of giving the shops out to traders “who can keep the place neat.”

“Unfortunately, during this process in 2019, the king died and the plan was suspended. But since the installation of a new king, they have not been able to sit to decide what next to do with the facility. And that is where we have been since.”

But the new king of Otun-Ekiti, Adekunle Adeagbo, said the market facility is not under his jurisdiction.

“I cannot tell you much about that place,” he said when UDEME visited him in his palace. “The best people to respond to you are in the local government because it is under their authority, not my own as the king,” he said.

This story was supported by the UDEME (www.udeme.ng) project of the Centre for Journalism Innovation and Development (CJID).

Additional Information and photos from The Premium Times!

Society

Oniru confers chieftaincy titles on Smith, Idowu, Olorunnimbe, Akintoye others

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The Oniru of Iru-land, His Royal Majesty Oba Abdul-Wasiu Omogbolahan Lawal CON [Abisogun II] has announced the conferment of honourary chieftaincy titles on eminent and distinguished citizens of Nigeria.

 

The revered monarch unveiled the shortlist of recipients as part of activities to mark the fifth anniversary of his peaceful reign on the revered throne.

 

Among the esteemed honourees are Iya Oba of Iru Kingdom – Chief (Mrs) Basira Titilayo Smith, Aare Majeobaje of Iru Kingdom – Chief Adeyemi Idowu, Aare So’ludero ofIru Kingdom- Chief Muyiwa Gbadegesin, Ph.D and Erelu Asa of Iru Kingdom – Chief (Mrs) Bolane Austen-Peters, Aare Fiwagboye of Iru Kingdom – Chief Lukman Olayiwola Mustapha, Asoju Oba of Iru Kingdom- Chief Idris Ibikunle Olorunnimbe and Ajiroba ofIru-Kingdom- Chief Adegboyega Hakeem Akintoye.

 

While extending congratulations to the distinguished honourees on behalf of His Majesty and the Oniru-in-Council, High Chief Abayomi Daramola, Balogun of Iru-Land, in a statement revealed that the conferment of titles will be performed on 14th June, 2025 at the palace (Aafin Oba Oniru), Victoria Island, Lagos.

 

The statement read in part, “to mark the fifth-year anniversary of his ascension to the revered throne of his forebears as the 15th Oniru of Iru-land and after a rigorous selection process, His Royal Majesty Oba Abdul-Wasiu Omogbolahan Lawal CON [Abisogun II] – The Oniru of Iru-land upon the recommendation of the Oniru-in-Council, has issued a Royal Decree approving the conferment of respective honouray Chieftaincy titles on the underlisted eminent and distinguished citizens.”

 

 

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‘Not My Property’ – Ex-Petroleum Minister, Diezani Exposes Owner Of Recovered $52.8 Million Loot

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Nigeria’s former Minister of Petroleum Resources, Diezani Alison-Madueke, has clarified that she is not connected to the $52.5 million that was recently brought back to the country from the United States of America (USA).

Society Reporters recalls that the federal government on Friday, January 10, announced the receipt of $52.88 million in recovered Galactica assets linked to the former Minister of Petroleum.

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, announced the recovery during a formal signing ceremony of the asset return agreement in Abuja.

Fagbemi explained that $50 million of the recovered funds would be channelled through the World Bank for the development of rural electrification projects.

The remaining $2.88 million, he added, would be allocated to the International Institute of Justice to enhance the justice system and support anti-corruption initiatives.

However, in a statement issued on Sunday, Diezani, who has been residing in the United Kingdom (UK) since departing from Nigeria, asserted that the funds associated with her in the media as illicit gains actually belonged to Nigeria’s oil entrepreneur, Kola Aluko.

Finally responding to the alleged recovery through her attorney, Mike Ozekhome SAN, Diezani maintained that the term “Diezani Loot” is unfounded, as she had no involvement in the circumstances surrounding the forfeiture of the funds by its rightful owner.

Expressing her stance, the former minister stated that the $52.5 million originated from a vessel that was confiscated by the American authorities from Kola Aluko, which was subsequently sold, with the proceeds returned to the Nigerian federal government.

Her disavowal of ownership over the funds was detailed in an extensive press release issued on Sunday by the Chambers of Mike Ozekhome SAN, titled “There is no such thing as Diezani Loot.”

The statement reads: “My chambers makes this intervention in the public domain as Solicitors to Diezani Alison-Madueke (DAM) ,the former Minister of Petroleum Resources, HMPR.

“As her Solicitors, we are fully versed in and conversant with her present ordeal and the entire facts surrounding her matters both here in Nigeria and abroad. So, we write from the vantage position of one that is aware of the cocktail of lies that have been spurned around her cases in the last ten years.

“Many of the narratives are outrightly false; some others sheer outlandish speculations; and most, simply bizzare stories cooked up by her traducers to extract a Shylock’s pound of flesh from her for reasons she does not know and cannot even fathom.

“This intervention therefore seeks to correct this skewed narrative and set the records straight for purposes of history. Many Nigerians often talk about wanting ‘technocrats’ to be involved in governance. They desire that people with character and integrity should join politics.

“We agree with them. However and regrettably too, now and again and many a time, the same people not only allow, but actually join the bandwagon to mob-lynch those who chose to serve the nation.

“And we often do this insidiously, covertly and overtly, even when there is no concrete or even any iota of proof that such public officers ever abused their offices or stole from public coffers.

“It is therefore surprising and of great concern to us, to see the level of sustained vilification of an innocent Nigerian citizen who has not yet been tried and found guilty of any offence known to law by any court of law whether in Nigeria or abroad. The person at the receiving end is Citizen Diezani Alison-Madueke (DAM).”

Mischievous And Cruel
The statement from Ozekhome’s office described the earlier claims about the asset recovery as misinformation and defaming.

It said: “We note with concern the recent deliberate attempt to link her with what has been described as a civil forfeiture of a yacht Galactica, the sale of which was said to have yielded $52.8m to the US government; which sum has since been repatriated to Nigeria.

This is a clear example of the mischievous and cruel sport of tarnishing the image of the lady through a bouquet of consistent, persistent and unrelenting cocktail of falsehoods and misinformation.

“The purveyors of this line of misinformation term it “name-and-shame”. To sell the storyline, the architects ensured they attached Diezani’s name to a recovered yacht which is not in any way linked to her.

“They now falsely termed it “Diezani loot”. Nothing of the sort ever happened. She was never involved in the purchase, use and sale of the said yacht.

“The yacht Galactica, from information readily available in the public domain and in open sources, was purchased by Mr Kola Aluko who had used the vessel until he agreed to its forfeiture to the United States of America.

“The yacht Galactica was neither owned nor ever used by our client. DAM has in fact never set her eyes on the yacht. Kola Aluko is an experienced businessman who had been in business well before DAM came into office as HMPR.

“The only tenuous basis for deliberately linking DAM to the said yacht is the false narrative that the Strategic Alliance Agreements (SAAs) which were entered into between Kola Aluko & Jide Omokore’s Atlantic Energy companies and NNPC, were allegedly corruptly awarded to the said companies by DAM. DAM was not the GMD of the NNPC as so did not and could not have awarded the said contracts.

“We plead, as her lawyers, with all and sundry that she be accorded fair hearing and that the process of these UK court proceedings be allowed to take their natural course to avoid prejudice to her in the ongoing subjudice UK proceedings against her.

”Those purveyors and peddlers who habitually spin these outrightly false, unfounded, defamatory, unintelligent and indefensible narratives to denigrate and humiliate her should please find better use of their time and leave DAM alone.

“Let the law take its natural course without interference. We humbly pray.”

 

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Bisi Onasanya, ex FirstBank MD flees Nigeria to Ghana as EFCC closes in……

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Bisi Onasanya, the embattled former Managing Director of FirstBank has followed in the steps of Oba Otudeko, the former chairman of FBN Holdings and fled the country.
Onasanya who is expected to appear at the Federal High Court in Lagos on Monday January 20 to answer to the charges brought against him by anti-graft agency, the Economic and Financial Crimes Commission, EFCC, may likely be absent in court as he is currently holed up in Ghana in hiding.

He was spotted at Movenpick Hotel in Accra where he checked in at exactly 8 am on Friday morning.

Society Reporters had earlier reported that Onasanya will be arraigned before Justice Chukwujekwu Aneke for looting over N12.3 billion.

He will be arraigned alongside Otudeko, also the chairman of Honeywell Group who is equally on the run, as well as two others, a former board member of Honeywell Group, Soji Akintayo and a firm, Anchorage Leisure Limited connected to Otudeko.

The quartet committed fraud in tranches of N5.2 billion, N6.2 billion, N6.150 billion, N1.5 billion and N500 million, N6.2 billion 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.

Specifically, count 1 accused the defendants of conspiring “to obtain the sum of N12.3 billion from FirstBank 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 FirstBank 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 FirstBank 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 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.”

“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 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.”

The Street Journal

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