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How APC leaders hijacked ex- Oyo lawmakers’ mandate for anointed candidate.

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SOME members of the ruling All Progressives Congress (APC) in Oluyole Local Government Area of Oyo State have accused the leadership of the party in the state of hijacking the mandate freely and willingly given to the erstwhile lawmaker, Hon Oyeniran Oyeniyi Akande by the delegates during the party primaries.

Hon Oyeniran, who represented Oluyole State Constituency was a member of the 7th Oyo State House of Assembly, and also the Majority Leader of the House. The irate party members who confided in Mega Icon Magazine said, “he was very nice and accommodating and did everything he could to support the party, (APC) and Governor Abiola Ajimobi led government”.

Mega Icon Magazine exclusively gathered that during the build up to the 2015 general elections, the former majority leader signified his interest to recontest like his colleagues in the APC for the state assembly election by obtaining both the expression of interest form and nomination form.

He was neither told nor persuaded by anybody to step down or not to re-contest for the election. On the 6th December, 2014, he contested for the primary election alongside other four aspirants. The ex-lawmaker, Oyeniran defeated other four aspirants by polling 138 votes.

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His second runner up and the present occupant of the seat, Hon. Muideen Abiodun Wahab popularly addressed as ‘Deen Abbey’ scored 116 votes. Having scored the highest number of lawful votes in the said primary election, Oyeniran was returned as the candidate of the party.

However, our further checks revealed that his victory in the said election was upturned by some  leaders in the local government in connivance with some State executives. His ticket was hijacked and given to his runner up, Mr Muideen Abiodun who got 116 votes in the party primaries. Their reason was that Hon. Oyeniran is too old and there is likelihood that he would be defeated during the House of Assembly election slated for 11th April, 2015.

Not satisfied with the injustice done to him, the ex-lawmaker headed to the High Court of Justice, Ibadan to reclaim his stolen mandate.

Interestingly, the case he instituted in suit no: I/17/2015 against Hon. Muideen Wahab Abiodun, the APC Oyo State and the INEC has not been fixed for hearing and it has been adjourned for more than twenty (20) times till now.

This is the case wherein the mandate being claimed by the plaintiff, Hon. Oyeniran will last for four years and two years has already gone without any tentative date when the hearing would commence.

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In a related development, Mr. Olujide Adewale, former Commissioner for Environment and Habitat in Oyo State also suffered the same fate. He polled 129 votes during the party primary for the House of Representatives election to defeat his closest rival, Hon. Sunbo Olugbemi who recorded 128 votes. His victory was also upturned by the party and was given to Olugbemi. He went to the Federal High Court, Ibadan to seek redress and his case is still pending before the court not yet heard.

It would be recalled that sometimes last year, the state executives of the APC issued a release that the party has expelled both Hon. Oyeniran Akande and Jide Adewale for anti party activities. Mega Icon Magazine learnt that the party took that steps having failed to pressurize the duo to withdraw the cases they instituted to reclaim their mandates.

Prior to the conduct of the party primaries, Mega Icon Magazine learnt that Hon. Oyeniran spent a huge amount of money and campaigned vigorously ahead of the election. Shortly after the election, he lost his daughter with her husband and their two children in a ghastly motor accident along Ogbomosho Oyo road.

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Ex-NCC Chair, Akande extols Senator Sarafadeen Ali on his 61st birthday

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Former Chairman of the Nigerian Communications Commission (NCC), Prof. Adeolu Akande, has extended warm felicitations to Barrister Sarafadeen Ali, the Senator representing Oyo South Senatorial district, on the occasion of his 61st birthday.

In a statement released on Saturday in Ibadan, the Oyo state capital, on Saturday, Akande lauded the lawmaker, describing him as a luminary whose life has been marked by distinguished service to the nation.

“Today, I join the world in celebrating you on your special day, as you mark 61 years of God’s abundant love and glorious impact on humanity,” the former NCC gaffer expressed.

He added, “I wish you many more years of God’s grace in your life.”

 

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Labour union protests Heritage Bank’s dismissal of 1,000 workers

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The headquarters of Heritage Bank at Victoria Island, Lagos, was besieged on Thursday by members of the labour union, protesting the recent dismissal of 1,000 support workers.

The National President of the National Union of Banks, Insurance and Financial Institutions Employees, Comrade Anthony Abakpa, led the demonstration, condemning the bank’s management for what he deemed a lack of adherence to due process in the termination of employment contracts.

Speaking during the protest, Comrade Abakpa asserted that the leadership of Heritage Bank failed to follow established protocols before executing the mass layoffs.

He emphasised the union’s commitment to pursuing justice for the affected workers, vowing to escalate their demands until the bank’s management rectifies the situation.

“We will intensify our demands for justice,” declared Comrade Abakpa, urging the bank’s management to take corrective action to address the grievances of the dismissed workers.

 

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Nigeria not using foreign reserves to defend naira, says CBN governor

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CBN governor

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves to bolster the naira, despite recent fluctuations in reserve levels.

Speaking from Washington DC, where he is attending the International Monetary Fund-World Bank Spring Meetings, Cardoso highlighted the influx of $600 million into Nigeria’s reserves account within the past two days.

While the naira has experienced a notable appreciation against the dollar in recent weeks, climbing over 40% from approximately N1,900/$ to about N1,000/$1, Nigeria’s foreign reserves have been dwindling. As of April 15, reserves dropped to approximately $32.29 billion, marking the lowest level in over six years.

Cardoso emphasised that the shifts in reserves are typical for any country, where various financial obligations, such as debt repayments, necessitate withdrawals.

He stated, “What you’ve seen with respect to the shift in our reserves is normal in any country’s reserves where, for example, debts are due and certain payments need to be made. They are made because that is also part of keeping your credibility.”

Continuing, Cardoso underscored the dynamic nature of the market, advocating for a system driven by willing buyers, willing sellers, and price discovery.

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He emphasised, “The shift in our reserves has really little or nothing to do with defending the naira, and that is certainly not our objective.”

 

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