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I Rejected $500,000 Bribe Cash From A Governor – Adams Oshiomole

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Fresh details yesterday indicated that the National Chairman of the All Progressives Congress (APC), Comrade Adams Oshiomhole became a target after refusing $500,000 bribe cash from a governor.

The governor wanted the APC chairman to adopt his anointed governorship candidate.

But Oshiomhole insisted on applying the guidelines of the party for primaries.

Also, there were indications that the APC leadership tried its best to strike a fair deal with Governor Rochas Okorocha on a 55-45 per cent basis.
The Imo governor however opted for 100 per cent concession which was unacceptable to APC.

Findings by our correspondent revealed that contrary to allegations, the refusal of Oshiomhole to collect bribes from godfathers and candidates accounted for the plot against him.

It was gathered that many godfathers and governorship candidates were desperate for tickets but Oshiomhole stood his ground that he will not compromise party guidelines.

A top source, who spoke in confidence, said: “At a stage, a governor became agitated and offered Oshiomhole about $500,000 to make sure that his candidate got a governorship ticket.

“The bribe sum was later hauled in cash to Oshiomhole’s office by one of the emissaries of the affected governors. But the APC chairman rejected the bribery.

“What the APC chairman did was to brief some members of the National Working Committee (NWC) on what transpired. He also intimidated some leaders of the party too. The party adhered strictly to its guidelines and the governor’s candidate lost out.

“The governor later turned out to have joined forces in the plot to remove Oshiomhole to teach the APC chairman a lesson. It was surprising to see the governor coordinating nocturnal meetings to sack Oshiomhole.

“The facts and witnesses are there. In the fullness of time, the name of the governor will be released. Maybe when he does not have immunity again, he will pay the price.”

As at press time, it was learnt that President Muhammadu Buhari has ordered the Department of State Security Service (DSS) to stay away from party affairs and issues.

Also, the President has appealed to those aggrieved among APC governors to sheathe the swords.

A government source said: “The President has waded in the crisis of confidence between the governors and APC national chairman. We expect peace to return to the party. There might also be some reconciliation within the substitution window allowed by the Independent National Electoral Commission (INEC).

“The President has however ordered DSS to avoid dabbling in party affairs. He said if there are petitions about any infraction, they should be sent to appropriate agencies. Buhari was worried that the same challenge which the DSS faced on the arrest of judges had re-occurred.”

Meanwhile, there were indications that the APC leadership did its best to offer a fair deal to Governor Rochas Okorocha of Imo State on the party’s candidates for 2019 poll in the state.

A reliable source said: “Okorocha is respected and loved by most of our leaders but we discovered that he cannot get all he wanted in 2019.

“APC leaders met the governor and it was agreed that as the APC leader in the state, he should go back and do justice.

“We offered him a fair deal. We said he should take 55% of the available seats and concede 45% of elective offices to others in the state. He accepted the deal but he returned to Imo to take 100% control of everything.

“At this point, we have no choice than to leave his fate to APC members to decide. This was why he lost out.”

Responding to a question, the source added: “If Okorocha was keen on his son-in-law as APC governorship candidate, there is nothing bad if he abandons his senatorial ambition.

“What made matter worse was when APC got intelligence report that the proposed running mate to his son-in-law as APC governorship aspirant has been found to be dating another girl in the governor’s family.

“This was why Oshiomhole came out to say he was not elected APC National Chairman to preserve any dynasty. We conceded a lot to Okorocha but he wanted wholesale party machinery in his care to do what he likes.

“If you look at the structure in the state, it is disproportional. Okorocha is the governor, his former Personal Assistant is the Deputy Governor, his son-in-law was a former commissioner and aspiring governorship candidate; his sister is the Deputy Chief of Staff/ Commissioner; the governor has also secured a senatorial ticket and he has given tickets to many loyalists.

“If he defects to any party, none can tolerate such indulgence because it is a mockery of democracy.”

As at press time, it was learnt that APC may still retain the current deputy governor, Eze Madumere as running mate to its governorship candidate, Chief Hope Uzodinma.

“We may give deputy governorship slot to Madumere again,” a top party source added.

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).

This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.

Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.

He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.

Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.

He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.

Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:

“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.

We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.

His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.

On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

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Go and List Your Challenges, Lagos Speaker tells NANS Member During Courtesy Visit

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The National Association of Nigerian Students (NANS), Lagos State University (LASU) branch, on Friday paid a courtesy visit on the Speaker of the Lagos State House of Assembly, Princess Mojisola Lasbat Meranda.

The student representatives said the visit was to congratulate Meranda over her emergence as Speaker of the State Assembly.

Meranda, an alumnus of LASU, was elected Speaker on January 13 after the removal of Mudashiru Obasa by the lawmakers over issues relating to alleged high-handedness and financial impropriety.

Describing her as a thoroughbred Lagosian, the chairman of NANS, Abdulraheem Azeez, used the opportunity to list some of the challenges faced by students in the university.

According to him, students have had to read in darkness as the Ikeja campus gets less than two hours of power supply daily.

Azeez also raised the need for the State to make available loans for indigent students as well as for the Assembly to provide opportunities for students to witness the plenary of the House.

Meranda, while thanking the students for the visit, urged them to always attend town-hall meetings in their constituencies where they can contribute and make their opinions known.

She further encouraged them to apply for the loans initiated by the government as done by students in other countries.

The Speaker requested the students to formally send their complaints in written forms to the House for action.

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EFCC Tasks Corps Members on Corruption

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

EFCC Tasks Corps Members on Corruption

The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede charge members of the National Youth Service Corps, NYSC, to be change agents and strong resisting force against corruption.

He also enjoined them to be active foot soldiers and whistle-blowers or intelligence-gatherers against corruption.

Speaking on Thursday, January 30, 2025 at the NYSC Orientation Camp, Yikpata, Edu Local Government Area of Kwara State, Olukoyede said It is important for youths to realise that, these roles, if performed creditably, will bring up appreciable growth in the economy of our nation. He said that, “creative energies of youths will be maximised when corruption is brought to its knees.”

The EFCC boss whose address was delivered by the Head, Public Affairs Department, Ilorin Zonal Directorate of the EFCC, Ayodele Babatunde said that most of the problem confronting the country such as kidnapping, banditry, poor infrastructure, among others were connected to corruption. He added that all hands must be on the deck to tame the cankerworm.

Olukoyede encouraged the youths to embrace the virtues of hard work and shun fraudulent practices such as cybercrime noting that, “it’s profitable to earn dignity and fame through hard work and legit business.”

While calling on the youths to channel their potentials productively and shun crime, the EFCC Chair said that, “Yahoo-Yahoo is not a sustainable way of life.”

“There is no shortcut to wealth and fame. The fact that the rate of unemployment is high should not be an excuse to resort to crime. Act of criminality might deliver wealth in the short term but there will be misery and gnashing of teeth”, he said.

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