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Exclusive: Ajimobi’s aide alleges threat to life, petitions Oyo CP 

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Inaolaji

Former aide of the immediate past Governor Abiola Ajimobi of Oyo state, Mr  Inaolaji Akinloye Ridwan has raised alarm over threat to his life by an unknown person.

Already, the former Liaison Officer to Oyo state government on Information and a social commentator,  Inaolaji has petitioned the Oyo State Commissioner of Police, Mr. Shina Olukolu alleging that his life is no longer safe.

In a petition dated February 5, 2020 and addressed to the Oyo State Commissioner of Police, Mr. Inaolaji Akinloye Ridwan alleged that on the 24th day of January, 2020, briefly after contributing to a radio call in programme in Ibadan, he received a call on his contact phone number 08038604085 by an unknown person around 11:37pm in the late hours of the midnight who threatened him severely and severally with death. The governor’s aide added that the said unknown person again warned him sternly never to participate (I.e Call in to contribute or attended any invited radio programme) in any radio or other on air presentation, reechoing  that his life has been heavily paid for.

The petition written by his lawyers Othniel Idowu Falana ESQ, on behalf of  Inaolaji titled “Petition Against Incessant Threat to Life of Inaolaji Akinloye Ridwan By An Unknown Individual and Appeal to Safe The Life of Inaolaji Akinloye Ridwan From Untimely Death And Constant Threat to His Life” respectively.

According to the petition made available to Mega Icon Magazine, following this constant threat by the said unknown person, Inaolaji had approached the Akobo Police Station to lodge a complaint, where he was asked to write a statement in that regard for appropriate documentation and swift response to the complaint.  He also informed that he went to the Oyo State Special Anti Robbery Squad (SARS), Dugbe division to further lodged the complaint of incessant threat to his life.

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The petition reads in part, “It is our client instruction to us that on the 24th day of January, 2020, briefly after contributing to a radio call in programme in Ibadan, Oyo state, he received a call on his contact phone number  08038604085 by an unknown person around 11:37pm in the late hours of the midnight who threatened him severely and severally with death. Furthermore, our client informed us that the said unknown person again warned him sternly never to participate (I.e call in to contribute or attended any invited radio programme) in any radio or other on air presentation again, stating further that our client’s life has been heavily paid for.

“On the following day around the same time, the unknown person in further effort called our client reminding him of his previous threat to kill him thereby telling our client to get really prepared as he was set to kill our client before the end of last month, January 2020. This was also followed with series of continuous threat by the same unknown person to our client and this has made our client to continue to live in danger and apprehension of losing his life untimely.

 

“Following this constant threat by the said unknown person,  our client approached the Akobo Police Station to lodge a complaint, where he was asked to write a statement in that regard for appropriate documentation and swift response to the.said complaint. Our client also informed us that he went to the Oyo State Special Anti Robbery Squad (SARS), Dugbe division to further lodge the complaint of incessant threat to his life by this unknown individual.

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It added, “Notwithstanding, the all legal and important steps our client has taken to ensure safety of his life and property, it is however unfortunate for our client to have received another phone call from the same unknown person on Thursday, the 30th day of January, 2020 around 11:22am in the forenoon where he was again threatened, and now with a more fearful and serious intention from the unknown person. Our client informs us that the unknown person told him to read about the  story of a Barber at Gbaremu who was brutally assassinated and he should thread caution otherwise he may have to pay with his dear life.

“We therefore write to inform your good office and also to appeal to you that the life and property of our client is very precious just like that of  every other individual citizen of this great country and hence should be protected jealously without reservation. Our client has the right to be able to move freely and make meaningful contributions to the development of our dear country provided he does same under the ambit of the law. Which if our client has even even acted outside the law, he has to be properly tried for same and not arbitrarily threatened and killed by any person  known or unknown.

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” The Nigerian Police Force as recognized under the constitution of the Federal Republic of Nigeria and like every other security agencies that have been so established by the law has the constitutional duty to protect and safeguard the life and property of all the citizens of Nigeria without bias or discrimination. Therefore, we urge and humbly plead with you sir to kindly use your good office and every other mercenaries necessarily incidental to ensuring the safeguard and protection of our client’s life”.

He, however sought police protection against possible attacks on him, urging the Police boss to begin a discreet investigation with a view to bring the unknown individual to book in the interest of justice.

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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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Dangote Slashes Diesel Price Amidst Economic Optimism

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Dangote Petroleum Refinery has made headlines by announcing a further reduction in the price of diesel, dropping it from ₦1200 to ₦1000 naira per litre.

The refinery’s decision comes on the heels of its recent supply at a significantly reduced price of ₦1200 per litre, which was introduced three weeks ago, signifying a remarkable 30 per cent decrease from the previous market price of approximately ₦1600 per litre.

This substantial reduction in diesel prices at Dangote Petroleum Refinery is expected to reiterate positively throughout various sectors of the economy, potentially serving as a catalyst in alleviating the persistently high inflation rate in the country.

In a statement last week, Aliko Dangote, Africa’s wealthiest individual and the owner of the refinery, expressed his optimism regarding the potential impact of the price reduction on inflation in Nigeria.

“I believe that we are on the right track. I believe Nigerians have been patient, and I also believe that a lot of goodies will now come through. There’s quite a lot of improvement because if you look at it, one of the major issues that we’ve had was the naira devaluation that has gone very aggressively up to about ₦1900,” he remarked.

As anticipation builds around the implications of this move by Dangote Petroleum Refinery, stakeholders and consumers alike remain hopeful for the positive effects it could bring to the Nigerian economy in the coming months.

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