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EFCC moves Fayose to Lagos, Charges him with N1.3bn Fraud

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Ahead of his trial which may begin at a Federal High Court may begin on Monday, Ayodele Fayose is likely to be relocated from Abuja to Lagos today.

TheNation reports that the ex-Governor of Ekiti State has been served charges and trial notice. EFCC has filed corruption charges against him and his hotel, Spotless Investment Limited.

Fayose is accused of receiving about N1.3bn when he “ought to have known that the said fund formed part of the proceeds of an unlawful activity of Col. Sambo Dasuki (retd.), the then National Security Adviser.

The former governor was accused of sending his aide, Abiodun Agbele, to receive about N1.3bn from a former Minister of State for Defence, Musiliu Obanikoro, sometime in June 2014.

The money was said to have emanated from Dasuki’s office. The EFCC said officials of Zenith Bank arrived at the Akure Airport tarmac in a bullion van to convey all the cash to the bank’s vault located at 13, Alagbaka Estate, Akure.

Attached as evidence are bank tellers Agbele allegedly gave as bank instructions at different times to pay in money into Fayose’s Zenith Bank account even after the elections.

According to the commission, Agbele directed the bank to pay N137m into the account of Fayose with number 1003126654 and Bank Verification Number 22338867502.

The bank teller dated June 26, 2014, was filled by Agbele with teller number 0556814. Agbele also allegedly directed the bank to transfer N118,760,000 to the same account and paid in N50m cash into Fayose’s account.

The commission said on April 7, 2015, Fayose personally moved N300m to his fixed deposit account at Zenith Bank with number 9013074033.

According to EFCC, on the instruction of Fayose, Agbele deposited N100m to the account of Spotless Investment Limited, a hotel which is owned by Fayose and his wife, Olayemi.

Fayose allegedly used part of the money to buy houses in Abuja and Lagos. The houses have since been seized while his bank accounts with a balance of N380m have been frozen.

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BREAKING: Tinubu Directs EFCC To Vacate Order Freezing Osun Government Account

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President Bola Tinubu has reportedly directed the Economic and Financial Crimes Commission (EFCC) to withdraw its directive restricting access to Osun State Government’s account, following the controversy surrounding the account freeze.

The development comes after the EFCC placed a Post-No-Debit (PND) restriction on an Osun State Government statutory allocation account domiciled with First Bank, preventing withdrawals from the account as part of an ongoing investigation.

The action sparked a political uproar after Osun State Governor, Ademola Adeleke, accused the anti-graft agency of attempting to cripple government operations ahead of the state’s governorship election. The governor argued that freezing a state government account lacked legal justification and could affect the payment of salaries and other government obligations.

Sources familiar with the matter said President Tinubu’s intervention was aimed at resolving the dispute and preventing further escalation between the federal agency and the Osun State Government. The EFCC had earlier maintained that the restriction was connected to an ongoing investigation and that several government officials had been invited in connection with the probe.

The account restriction had heightened political tension in Osun, coming shortly before the state’s governorship election, with opposition figures and observers questioning the timing of the action.

As of the time of this report, further details on the formal communication between the Presidency and the EFCC, including whether the restriction has been officially lifted, are still awaited.

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2027: Amaechi Has No Electoral Value In Rivers State – Wike

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Minister of the Federal Capital Territory (FCT), Nyesom Wike, has described former Rivers State Governor and ex-Minister of Transportation Rotimi Amaechi as a politician with no meaningful electoral value in Rivers State or the South-South region.

Speaking during a media chat in Abuja, Wike argued that Amaechi has consistently failed to deliver significant votes in presidential elections despite serving as a two-term governor of Rivers State, Director-General of presidential campaigns, and a senior minister in the federal government. He questioned the basis for Amaechi’s political relevance ahead of the 2027 elections.

Wike further claimed that if Amaechi is being considered for a major national political role, such as a vice-presidential candidate, it could not be because of his electoral strength. According to the FCT minister, Amaechi’s record in previous elections does not demonstrate the capacity to influence voting outcomes in Rivers State.

The minister also insisted that Rivers State remains firmly under his political influence, maintaining that opposition parties would struggle to make electoral gains in the state. He argued that the support his political structure enjoys is based on governance and development projects delivered to the people.

Wike’s remarks add another chapter to the long-running political rivalry between the two former Rivers governors, as political alignments continue to take shape ahead of the 2027 general elections.

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Dele Momodu Urges Tinubu to Campaign on Performance, Not Propaganda Ahead of 2027

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A chieftain of the African Democratic Congress (ADC), Dele Momodu, has urged President Bola Tinubu to base his 2027 re-election campaign on the performance of his administration rather than political propaganda. He argued that Nigerians would judge the president by his record in office, not by campaign rhetoric.

Speaking during an interview on Channels Television’s Sunrise Daily, Momodu said there was no personal hostility towards Tinubu, insisting that what voters want to see are tangible achievements that have improved their lives. He maintained that if the administration has delivered on its promises, presenting a credible scorecard should be enough to convince Nigerians to support another term.

Momodu also advised members of the ruling All Progressives Congress (APC) to focus on highlighting the government’s accomplishments instead of engaging in political attacks against opponents. According to him, the electorate is more interested in governance outcomes than partisan exchanges.

The veteran journalist questioned the APC’s continued practice of blaming previous administrations for the country’s challenges after spending more than three years in office. He argued that Nigerians now expect solutions and measurable progress rather than explanations about inherited problems.

His comments come as political activities intensify ahead of the 2027 general election, with parties and prospective candidates positioning themselves for what is expected to be another highly contested presidential race.

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