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‘Illegal Withdrawal Of LG Money’, Oyo ALGON Writes Bank Regional Managers {Read Full Details}

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This letter becomes imperative, as it has come to our knowledge that the Government of Oyo State has started withdrawing money belonging to the Local Government Councils through the illegal Caretaker arrangements. We were reliably informed that they started this illegal act when reality has starred them in the face about their impending loss of the legal battle involving them and the Local Government Councils which they illegally dissolved and overturned by Supreme Court of Nigeria.

However, we want this letter to serve as a note of warning to you to avoid being partners in crime as all the shady deals embark upon by the State Government have been revealed and being closely monitored.

For your information, all these criminals acts have been monitored by relevant agencies, most especially the NFIU. And we would not hesitate to drag any bank that connive to perpetrate this evil and fraudulent act before the court for necessary prosecution.

For this, you must avoid being put under duress by the State Government to partake in another man’s sins you know nothing about, by not allowing yourselves to be used and to further foist what is clearly an illegal and fraudulent administration over our Local Government Councils and LCDAs in Oyo state.

The Government of Oyo State and the Governor himself have been repeatedly warned before now by the Chief Law Officer of the Federation that is, (the Attorney General of the Federation) to respect the rule of law and desist from the path of illegality he was treading and being railroaded onto by some political jobbers whose stock in trade are to divide our Local Government Councils and constituencies as their political fiefdoms and their spoils of war.

You may need to be informed and reminded once again that the management, administration and financing of Local Councils and LCDAs according to the constitution and the Supreme Court in cases variously cited and now in the public domain, can only be validly approved, authorized, authenticated any documents and executed by elected Local Government Chairmen. No authorization from any ” Caretaker Chairman “of any Local Government Council or LCDA nor their appointors is recognized under the current legal regime in our country. Any bank that honours such illegal approvals, directives or authorization from any persons not recognize by law therefore renders such liable to criminal prosecution for conspiracy and fraud.

We recognize that the Governor continues to act illegally hiding behind a cloak of constitutional immunity, while his political or financial collaborators outside government who may be urging you all to embark on serial illegalities, will not be signatories to any official council document that may incriminate you and form the subject of investigations of this orchestrated fraud on the administration of Councils.

It should be strongly noted that under our jurisprudence ignorance of the law has never been an excuse to criminal culpability. A claim of ignorance, or self imposed duress will not avail anyone of our bankers nor Local Government staff and civil servants who act in defiance of established laws to conspire with usurpers not provided for under any law in our land to rob our councils. Any financial documents or vouchers signed by or authorized by any person other than the legally elected Local Government Chairmen will be tantamount to fraud.

It is no longer news that the Attorney General of the Federation, Mr Abubakar Malami, has called the attention of Oyo State Government and the Inspector General of Police, DSS, EFCC and NFIU to the subsisting Supreme Court judgment reinforcing Section 7 (1) of the 1999 Constitution (as amended) and pronounced as illegal and unconstitutional the dissolution of elected local council administration by State Governors or State Assemblies in Nigeria with no court order to back it up. You will also recall that the Inspector General of Police has passed down the order to effect the legal opinion of the Attorney General of the Federation, AGF by ensuring safety of the legally elected Local Government Chairmen while resuming back to their various offices. Letters and legal documents to this effect are attached for your perusal.

We again reemphasize by way of warning NOT TO PARTAKE OR STOP PARTAKING IN THEIR CRIMES AGAINST THE STATE as the law does not excuse criminality by reason of ignorance or even duress, under these circumstances.

Now that we are fully back in our offices with the aid of security agencies, we urge and appeal to you to depart from the path of illegality being urged upon you, and be courageous to save yourselves from impending culpability if found wanting. This is an appeal, but make no mistake about it, the law will take its course against every infringement and criminality irrespective of who perpetrates it.

We trust you will ponder over these truths, seek legal counsel from your personal attorneys to be properly guided, and ensure you are not sucked into the crucible Governor Makinde has heated up in our state.

YOU HAVE BEEN WARNED!!

Prince Ayodeji Abass-Aleshinloye
ALGON Chairman, Oyo State

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Nigeria’s Oil Output Rises to 1.68m Barrels Per Day

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Nigeria’s crude oil and condensate production rose to 1.68 million barrels per day in August 2026, representing a 0.4 per cent increase from the 1.67 million barrels per day recorded in July.

The Nigerian Upstream Petroleum Regulatory Commission disclosed this in its latest production report released on Sunday.

Excluding condensate, the country produced an average of 1,500,190 barrels of crude oil per day in August, allowing Nigeria to meet its Organisation of Petroleum Exporting Countries quota for the fourth consecutive month.

Daily combined crude oil and condensate production ranged between 1.64 million barrels and 1.71 million barrels during the month under review.

A breakdown of production by terminals showed that Bonny Terminal recorded the highest output at 320.04 thousand barrels per day, followed by Forcados Terminal with 317.40 thousand barrels per day.

Qua Iboe Terminal recorded an average production of 171.72 thousand barrels per day, while Escravos Oil Terminal posted 131.71 thousand barrels per day.

Bonga ranked fifth among the highest-producing terminals, with an average output of 92.50 thousand barrels per day.

The NUPRC attributed the modest improvement in August production largely to the resolution of operational challenges involving the Single Buoy Mooring at the Erha field.

The commission said the challenges had adversely affected production in the preceding month.

“The restoration of normal evacuation and production operations at the asset contributed positively to overall production volumes during the period under review,” the commission’s spokesperson, Eniola Akinkuotu, said in a statement on Sunday.

The regulator added that production activities across most other producing assets remained relatively stable during the month.

“Production activities across most other producing assets remained relatively stable, with operators sustaining implementation measures aimed at optimising production efficiency, maintaining asset integrity, and minimising operational disruptions,” the statement said.

The latest figures indicate a continued improvement in Nigeria’s oil production, with the country maintaining its OPEC quota compliance for the fourth consecutive month.

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Oyo South: Oseni Approves N100m for Ibadan Community Road Rehabilitation

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The All Progressives Congress (APC) candidate for Oyo South Senatorial District, Hon. Aderemi Oseni, has approved N100 million for the immediate rehabilitation of a major access road linking seven communities in Ido Local Government Area of Oyo State.

Oseni, who represents Ibarapa East/Ido Federal Constituency in the House of Representatives, announced the intervention on Saturday at a town hall meeting with residents and community leaders from Power Line, Awonsoso, Siba, Olupoyi, Balogun, Baba Agba and Agaloke communities.

‎The lawmaker said the decision followed a request by the community stakeholders, who identified the poor condition of the road as their most pressing need. He assured the residents that the rehabilitation would be completed within four months.

‎Oseni said the intervention was part of his commitment to people-centred representation, stressing that his legislative activities had been focused on issues capable of improving the lives of Nigerians.

He said, “Within the three years plus, I have sponsored bills and moved motions that are carefully designed to positively impact the lives and livelihoods of citizens.”

According to him, some of the legislative initiatives include moves to amend the Federal Medical Centres Act to establish a Federal Medical Centre in Ido Local Government Area, stronger sanctions for contractors who fail to execute government projects according to specifications, and measures to improve accountability in the management of public contracts.

Oseni added that he had also advocated subsidised farm machinery for farmers, measures to reduce the cost of cancer treatment, improved food storage through modern silos and processing facilities, as well as urgent action on flooding and recurring building collapses in major cities among several others.

‎The lawmaker said his engagements with communities across Oyo South should not be viewed solely through the prism of the 2027 elections, despite the commencement of political activities.

“My visit here today is not to solicit for votes, but to listen and find practical ways to attend to the requests and plights of my people,” he said.

‎Oseni also disclosed that he had facilitated the distribution of 31 transformers across Ido and Ibarapa, with about 80 per cent of the cost funded through his foundation. He added that  other interventions had included solar-powered street lights, boreholes, bridges, public toilets, educational support,  infrastructure, health care services,  youth and women empowerment, and assistance to artisans, traders and markets across the senatorial district.

The APC chieftain further noted that some youths had also received N1 million each as seed capital to start small businesses.

‎Oseni acknowledged that his primary responsibility as a federal lawmaker was to make laws and provide effective representation, but said the gap created by ineffective governance at the grassroots had made it necessary for him to support communities through interventions.

He urged youths to remain focused and resilient, recounting how he worked as a bus conductor to raise money for his secondary education before becoming an engineer, businessman and legislator.

Earlier,  Chief Muibi Adegoke, Baale of Awonsoso, and Chief Azeez Saka, Baale of Elere Apata, commended the lawmaker for what they described as his performance in legislation and community development. They pledged their support for his political aspiration ahead of the 2027 election.

‎The meeting was attended by traditional rulers, religious leaders, community elders, women and youth leaders from the affected communities.

(c) Mega Icon Magazine 

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Oyo APC Guber Candidate, Alli, Celebrates Archbishop Wale Oke at 70

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The All Progressives Congress (APC) governorship candidate in the 2027 Oyo State election, Senator Sharafadeen Alli, has congratulated the Archbishop of the Sword of the Spirit Ministries, Francis Wale Oke, on his 70th birthday.

Alli, in a statement on Tuesday, described the cleric as one of the foremost spiritual leaders produced by Ibadan, saying his contributions to the spread of Christianity had brought honour to Oyo State and impacted lives beyond Nigeria.

The senator described Oke as a “kingdom general” whose leadership and commitment to the gospel had positively influenced communities and nations across the world.

He said, “On behalf of my family and the APC family in Oyo State, I warmly congratulate one of our state’s most illustrious figures, Archbishop Francis Wale Oke, as he marks the landmark age of 70 years today.

“I join millions of Nigerians in celebrating a generational leader, a reformer and a dependable voice for peace and national development. Your dedication over the last five decades to destiny moulding, spiritual upliftment and the expansion of the Christian faith is unparalleled.”

Alli also commended the archbishop’s leadership qualities and his achievements in various capacities, particularly as the National President of the Pentecostal Fellowship of Nigeria.

The APC candidate noted that Oke’s influence extended beyond the pulpit, describing his years of service as a testament to his commitment to spiritual development and nation-building.

He prayed for continued grace, good health and many more years of fruitful service for the celebrant.

“As you continue to expand the Kingdom and impact destinies, I pray for renewed grace, robust health and many more fruitful years. Ibadan and Oyo State are immensely proud to have you,” Alli added.

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