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FRC has no power to fix Adeboye, others’ tenure –Reps

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The House of Representatives has ordered a “detailed” public hearing on the activities of the Financial Reporting Council of Nigeria, particularly the Council’s decision to fix the tenure of the leadership of religious organisations.

The House passed the resolution on Wednesday in Abuja at a session which was presided over by the Speaker, Mr. Yakubu Dogara.

It came after members debated and endorsed a motion moved by the Minority Leader of the House, Mr. Leo Ogor.

Lawmakers also clarified that no agency of the Federal Government was empowered by any law passed by the National Assembly to determine how many years a religious leader should serve in office.

They noted that the FRC Act 2011 did not make provision for the tenure of office of religious bodies or non-profit organisations.

While leading the debate, Ogor said he was amazed where the FRC got its powers.

He added that while the agency might have delegated legislative powers, being a product of the National Assembly, any legislation or code it formulated should have been mandatorily approved by the same National Assembly before it could be applied.

In the extant case of the controversial Good Governance Code formulated by the FRC for non-profit organisations, the lawmaker stated that the National Assembly had no knowledge of it.

The motion stated, “The House is concerned that the Governance Code, formulated by the Council, as it relates to heads of non-profit making organisations, is a clear usurpation of the powers of the National Assembly as stipulated in Section 4 of the Constitution of the Federal Republic of Nigeria, 1999.

“Also concerned that the National Assembly has not, in any way, approved the corporate governance code as it did with the Building Code.

“The House is convinced that codes of corporate governance must be in conformity with international best practices.

“Worried that an overzealous chief executive officer of a regulatory body can misinterpret  or misapply the provisions of the code as can be clearly seen in the case of the FRC.”

In performing its duties, Ogor pointed out that the FRC was to restrict itself to accountability, transparency and probity in pursuing corporate governance principles in public and private organisations.

“No law, enacted by the National Assembly, empowers any agency to set the tenure of office for heads of non-profit organisations,” he added.

The Chairman, House Committee on Ethics/Privileges, Mr. Nicholas Ossai, took the same position as Ogor.

He told the House that though the FRC was empowered to function, the issue of fixing how long a religious leader should be in office was off its bounds.

Ossai added, “This is because we are talking about the things of God here.

“The tenure of religious leaders is determined by God, not man.

“Besides, delegated legislation like the FRC code should have been forwarded to the National Assembly for approval.

“The code in question was never forwarded to the National Assembly.”

Two other members, Mr. Istifanus Gyang, and Mr. Sunday Karimi, berated the former leadership of the FRC for its actions in implementing the code.

On his part, a former Deputy Minority Whip, Mr. Garba Mohammed-Dhatti, called for rigorous monitoring of the activities of agencies to prevent them from abusing their delegated powers.

“Overzealous heads of agencies can abuse delegated powers.

“They have to be properly monitored to save us from embarrassment,” he stated.

The controversial FRC code, among others, sets a 20-year tenure for heads of religious groups and civil rights organisations.

Such leaders are required to hand over the affairs of the organisations they head to successors in line with the corporate governance principles.

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, had resigned as the head of the church in Nigeria on Saturday, reportedly in compliance with the code.

He named Pastor Joseph Obayemi as the overseer of the church in Nigeria and took on the new title of General Overseer, RCCG, Worldwide.

The development was greeted with interpretations, including insinuations that the Federal Government was attempting to meddle in the affairs of religious bodies, using the FRC.

President Muhammadu Buhari reacted on Monday by sacking the Executive Secretary of the FRC, Mr. Jim Obazee.

The President had, in a statement by his Senior Special Assistant on Media and Publicity, Garba Shehu, approved the sacking and the replacement of Obazee.

The statement also constituted a board for the Council with Mr. Adedotun Sulaiman as chairman and Mr. Daniel Asapokhai as Obazee’s replacement.

The former FRC leadership was said to have disregarded an October 17, 2016 directive by the Minister of Trade, Industry and Investment, Mr. Okechukwu Enelamah, asking for the suspension of the code.

Source: Punch Newspaper

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OLOJO FESTIVAL: Nigeria bigger than all of us, Ooni tells politicians

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Monarch begins seven-day seclusion, prays for peace, unity

The Ooni of Ife, Oba Adeyeye Ogunwusi, Ojaja II, has urged Nigerian politicians to put the interest of the country above their political differences, saying Nigeria is bigger than any individual or political interest.

The monarch spoke on Sunday shortly before commencing a seven-day spiritual seclusion ahead of the 2026 Olojo Festival in Ile-Ife, Osun State.

The annual seclusion is part of the traditional rites preceding the Olojo Festival, one of the major cultural celebrations associated with Ile-Ife and the Yoruba people.

The Ooni, who is also the Co-Chairman of the National Council of Traditional Rulers of Nigeria, said his period in seclusion would be devoted to prayers for Nigeria, particularly for peace, unity and sustainable development.

“I am appealing to our politicians. They might have differences, but we should know ultimately that Nigeria is bigger than all of us,” the monarch said.

“It is very important for our political leaders to always look inwardly on how to better the lot of the average Nigerians.”

The Ooni urged political leaders to avoid words and actions capable of threatening national cohesion, reminding them that political power was temporary.

“Some have ruled this country before as political leaders, and others will come after them,” he said.

He said his prayers would also cover Nigeria’s democratic process, particularly as the country prepares for the next general elections.

The monarch commended President Bola Tinubu over what he described as non-interference in the activities of the Independent National Electoral Commission, saying such a practice could strengthen public confidence in the electoral process.

He also commended Osun residents for participating in the recently concluded governorship election, saying the outcome demonstrated the ability of citizens to determine their leaders through the ballot.

According to him, Nigerians should continue to have the opportunity to freely choose their leaders without actions capable of undermining the democratic process.

The Ooni’s seven-day seclusion, which began on Sunday evening, will also provide him with an opportunity to prepare spiritually for the sacred rites of the Olojo Festival and deepen his connection with the ancestors.

The exercise precedes the annual wearing of the sacred Aare Crown, one of the major highlights of the festival.

A statement by the Senior Media Officer of the Ooni’s Palace, Sodiq Lawal, issued on behalf of the Director of Media and Public Affairs, Otunba Moses Olafare, said the seclusion marked the beginning of the spiritual phase of the 2026 Olojo Festival.

The festival celebrates Ile-Ife’s indigenous traditions and ancestral heritage and attracts traditional rulers, cultural enthusiasts, visitors and members of the Yoruba diaspora.

The public ceremonies are expected to follow the spiritual rites and culminate in the Ooni’s emergence in the sacred crown.

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Tinubu vows intelligence-led rescue of abducted Oyo pupils, teachers

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President Bola Tinubu on Monday assured residents of Oyo State that ongoing efforts to rescue abducted pupils and teachers in Oriire Local Government Area would be intelligence-driven, coordinated and sustained.

The President said the Federal Government would deploy every lawful means, including kinetic and non-kinetic measures, to ensure the safe return of the victims abducted during the May 15, 2026 attack in Esiele and Yawota communities.

“Our rescue efforts will be intelligence-led, careful, coordinated, and sustained. We will deploy every lawful tool available, both kinetic and non-kinetic, to ensure our children and teachers are safely returned home,” Tinubu stated in a statement posted on his X handle on Monday.

The President also expressed sorrow over the killing of a school teacher during the abduction and extended condolences to his wife, Mrs Mary Oyedokun, and the bereaved family.

“I also extend my deepest condolences to Mrs Mary Oyedokun, the wife of the late school teacher and her family. Their sacrifice will not be forgotten, and his family will not be abandoned,” he said.

Tinubu stressed that children should never be exposed to the trauma of abduction, noting that no parent should endure the pain associated with such incidents.

“No child should be taken from the safety of a classroom. No parent should have to endure this anguish,” the President added.

He assured affected communities that efforts to secure the release of the abducted pupils and teachers would remain sustained and intelligence-driven.

The statement comes amid growing concerns over insecurity in schools and rural communities following the abduction, which prompted the Federal Government to dispatch a high-powered delegation to the affected communities in Oriire Local Government Area.

The delegation included the Chief of Staff to the President, Femi Gbajabiamila; the National Security Adviser, Nuhu Ribadu; the Minister of Defence; and the Inspector-General of Police, Kayode Egbetokun, alongside other senior government and security officials.

Tinubu further disclosed that he had approved additional security measures, including the deployment of a specialised security unit equipped with advanced rescue capabilities to intensify efforts towards the safe return of the victims.

“I have also directed the deployment of a specialised security unit with advanced rescue capabilities to intensify efforts to secure the safe return of the abducted pupils and teachers,” he stated.

The President also revealed that the Federal Government, in collaboration with the Oyo State Government, was mobilising 1,000 forest guards to improve surveillance in forest corridors frequently exploited by criminal elements.

According to him, the initiative would be complemented by broader operational measures aimed at strengthening rescue operations and preventing future attacks.

Tinubu added that a request for the establishment of a military base in the affected area was receiving urgent consideration as part of efforts to bolster security.

Authorities have continued rescue operations amid rising concerns over the safety of schools and rural settlements, insisting that efforts remain focused on securing the release of the abducted victims and preventing a recurrence.

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48 alleged terror financiers named by FG {SEE FULL LIST}

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The Federal Government, on Saturday, published a list of 48 individuals and entities allegedly linked to terrorism financing in Nigeria, naming suspects with reported ties to outlawed groups including the Indigenous People of Biafra, Ansaru, and the Islamic State West Africa Province.

The list was released by the Nigeria Sanctions Committee as part of intensified efforts to disrupt financial networks sustaining terrorist activities across the country.

In a statement accompanying the publication, the committee said the designation of the individuals and organisations was in line with Nigeria’s legal and international obligations to combat terrorism financing.

“The Nigeria Sanctions Committee has approved the designation of the following individuals and entities for their alleged involvement in terrorism financing,” the statement read.

It added, “The action is pursuant to relevant laws and regulations aimed at identifying and freezing assets of persons and organisations linked to terrorist activities.”

The committee explained that the move was targeted at dismantling the financial backbone of insurgent and extremist groups operating within and beyond Nigeria’s borders.

Among those listed are individuals reportedly associated with the Indigenous People of Biafra, a proscribed separatist group; Ansaru, a faction linked to Al-Qaeda; and the Islamic State West Africa Province, one of the most active terrorist groups in the region.

Security experts have repeatedly stressed that cutting off funding sources remains a critical strategy in weakening terrorist operations.

Speaking on the development, a senior government official familiar with the process said the publication sends a strong signal about Nigeria’s resolve to confront terrorism at its roots.

“This is not just about naming names; it is about choking the financial lifelines of terror networks. Once funding is disrupted, their operational capacity is significantly weakened,” the source said.

The committee further noted that relevant authorities and financial institutions have been directed to take necessary steps in enforcing sanctions, including the identification and freezing of assets linked to the designated persons and entities.

“The public is also advised to remain vigilant and report suspicious financial activities to appropriate authorities,” the statement added.

The Federal Government reiterated its commitment to safeguarding national security, insisting that individuals or groups found culpable would face the full weight of the law.

As of the time of filing this report, detailed breakdowns of the sanctions and timelines for enforcement were yet to be made public.

 

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