Top Stories
Elevation of Olubadan and coronation of new Obas in Ibadan : THE TELLING FACTS
IBADAN is the most populous Yoruba city, the culture capital of the Southwest. It has 11 local government councils with over 160 recognizable regions. It has sought a “State status” for many years. But, until today it had only one Oba. A big disservice to the throne, heritage, history and the people of Ibadan. An unarguable disservice.
Our last Olubadan, Oba Samuel Odulana Odugade 1, was conferred a CFR status. At the conferment, he was accompanied by chiefs. Other Obas were accompanied by “lower-ranking” Obas from their domains.
Abeokuta has 4 or more Obas. Eko has many. Ijebu has several. Ife has about 4. Iwo has about 4. The Awujale is the paramount ruler of Ijebu land. The Oluwo is the paramount for Iwo land. The Alake is paramount for Abeokuta. The Ooni is paramount for Ife.
These are smaller towns than Ibadan with less population and lower numbers of LGs. The Olubadan deserves to have “lesser” Obas under him.
And, apart from its befitting stance, any Ibadan indigene who needs to be schooled on the importance and impact of regional and subregional Obas towards socioeconomic advancement and communal accord cum efficiency, must be wilfully ignorant.
It is clear as day that this move even seems already belated and couldn’t have come at a better time. The efforts channeled into rebuilding and modernising Ibadan would amount to a futuristic futility if we don’t strengthen and reposition our traditional institutions, in this case, the Obaship. What’s the essence of building infrastructure without a reticulated, strong and befitting communal institution to boot? Well, your guess is as good as mine. I’ll deploy a Yoruba proverb as an allegory here – Omo (read Ìlú) táà’kó, láá kó ilé táa kó tà!
By this move, Ibadan has one Olubadan that becomes the Imperial majesty, 11 senior ranking Obas and another 11 Baales that now wear beads.
The ascension line to the Olubadan remains unchanged. The Otun and Osi line continue in the historical path to Oba.
The demand for this was by 10 of the 11 high chiefs, the Baales, and other submissions to a Judicial Commission of Inquiry constituted by the Governor of Oyo State, who by law has the power to create such. Notably, past Governors have also attempted this move, but this is the time it’s coming to fruition.
The move is supported by the Central Council of Ibadan Indigenes, Ibadan Elders forum and other Ibadan cultural associations.
It’s a new royal dawn in Ibadan, let’s wear our robes and celebrate, while we brace ourselves for the positive impact that will be driven by this new, but long-overdue wave.
SAYO ALUKO writes from Ibadan, Oyo State.
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.
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.
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.”
The Economic and Financial Crimes Commission (EFCC) has declared Yahaya Bello wanted for an alleged financial crime to the tune of N80.2 billion,” Nigeria’s anti-corruption agency announced.
“Former Kogi State Governor, Yahaya Bello, is wanted by the EFCC for offences relating to economic and financial crimes to the tune of N80.2 Billion,” the EFCC stated in a Thursday evening Facebook post titled ‘Ex-Gov Yahaya Bello Wanted By the EFCC.’
“Anybody with information as to his whereabouts should report immediately to the Commission or the nearest police Station,” the statement continued.
This declaration follows the absence of the chieftain of the ruling All Progressives Congress (APC) from the Federal High Court in Abuja earlier in the day for a suit instituted against him by the EFCC.
Consequently, Justice Emeka Nwite adjourned the suit and called for substituted service and the possible arraignment of Bello for alleged money laundering.
-
Politics3 days agoWhy Oyo State cannot afford another 3 years of Makinde’s mismanagement of council funds
-
Opinion3 days ago
Tinubu’s Naira Miracle: Abracadabra or Economic Wizardry? | By Adeniyi Olowofela
-
News1 week ago
FERMA House C’ttee Chair, Oseni Consoles Sen. Buhari over mum’s death
-
Politics1 week ago
APC Urges Fairness in Oyo LG Election
