Council Endorses Balogun As Next Olubadan

Olubadan-In-Council Endorses Lekan Balogun As Next Olubadan | Naija News
The Olubadan-in-Council members Wednesday endorsed Senator Lekan Balogun as the next Olubadan of Ibadaland.
Ten of the eleven powerful kingmakers,PremiumNews,gathered,ratified the appointment of Balogun at  a meeting held at the Mapo Hall,Ibadan.
Speaking at world press conference,Iyalode of Ibadaland, one of the council’s members,High Chief Tajudeen Ajibola, called on members of the public to shun rumours going round about who will no iota of truth in the rumour going round about who will become the next Olubadan of Ibadaland.”
“We have endorsed the Otun Senator Lekan Balogun as the next Olubadan of Ibadanland.”
“This is the decision that was taken by ten out eleven Olubadan-in-Council and there is no going back on it, it is the tradition that we need to follow to the later.” Ajibola said.
In his contributions, the Ekarun Olubadan of Ibadaland, High Chief Amidu Ajibade maintained that Olubadan stool cannot be politicize. Stressing that the case in court has nothing to do with who becomes the next Olubadan.
He said:”Those people(Otun) and others were promoted during the reign of late Olubadan with their crowns and there was not problem, so there should not be problem now when the next person to late Olubadan need to be supported to emerge as  Olubadan.
“Those people were duly promoted and their promotions was approved by the governor, so why are they now peddling rumours that are not irrelevant to the issue on ground, after this conference we will summit our resolutions to Governor Makinde ” Amidu said.
In their separate remarks, the Oba Sulimon Akinsola Oladepo, the Alajia of Ajia of Ona-Ara local Government, Oba Dauda Omotosho Alawatan of Awatan of Ido Local Government, Oba Olasunkanmi Abioye the Oniroko of Iroko, Akinyele Local Government commend the Olubadan-in-Council for their peaceful selection of the the next Olubadan.
In his speech, Senator Lekan Balogun said as bonafide indigene of Ibadanland, there is a natural need for me to join you in commiserating with the family of the late Oba on the sudden home call of our Kabiyesi, His Imperial Majesty, Oba Saliu Akanmu Adetunji, Aje Ogunguniso II the late Olubadan of Ibadanlan, by the way of duty, as the Prime Minster of the Olubadan-in-Council, we owe the people of Ibadanland and Oyo State in general the obligations to inform and update you all on the latest development at our palace.
“I, therefore, enjoin you all to discard with all unfounded rumors and insinuations capable of disturbing the peace of Ibadanland, irrespective of the quarter from which such fake news emanate.
In line with the traditional practice of Ibadanland when occasion like this arises, the Olubadan-in-Council has been up and doing liaising with the Oyo State Government to ensure that every necessary step to sustain the peace of the City is strictly followed.” Balogun said.
Mohammed Dauda: Unmasking The Face Behind Frivolous NIA Petitions

Mohammed Dauda: Unmasking the face behind frivolous NIA petitions - 21st  CENTURY CHRONICLE
By Ismaila Iliyasu & Ikenna Ellis Ezenekwe
As veteran media practitioners who are concerned for the truth, for the security of Nigeria and for the safety of its people, we have been compelled by a series of deleterious publications in the last four years that threaten to undermine the peace and security of our dear country, to undertake discreet investigation as to the source of these malicious and unpatriotic publications.
Our discreet investigation, based on authoritative interviews with knowledgeable persons who however choose to remain private, as well as unimpeachable documents that we were privileged to inspect, established beyond reasonable doubt that the unseen hand behind these dangerous and malicious publications is one Ambassador Mohammed Dauda.
 This man acted for only one month in 2017-18 as Director General of the National Intelligence Agency [NIA]. The President did not find him fit and worthy for appointment as NIA’s head, so he was replaced by a substantive DG. Since then, he has embarked on a relentless campaign of calumny designed to bring down the roof of a critical national security agency.
It is instructive that when President Muhammadu Buhari earlier appointed Mohammed Dauda [better known as Modu] as Nigeria’s Ambassador to the Republic of Chad, a crucial post in view of our two countries’ close cooperation in the fight against insurgency, he gladly accepted the appointment even though there were other, more worthy persons that the President could have appointed.
When the President did not appoint him as head of NIA, apparently because he was privy to the man’s indiscipline and lack of patriotism, Mohammed Dauda now took umbrage and began his war against his successors, NIA and Nigeria as a whole.
NIA, Nigeria’s equivalent of the CIA, has always maintained a low profile since its creation in 1986 and does not publicly join issues with anyone. Its officers are also some of the best trained and some of the most dedicated public servants in Nigeria who maintain discipline and discretion even after they leave the service.
Mohammed Dauda became NIA’s acting DG in December 2017 after its then acting DG retired from service and he was replaced by a substantive DG in January 2018. All hell broke loose soon afterwards. This disgruntled man emptied the agency’s vaults and moved funds elsewhere, allegedly for safe keeping, against all known financial rules of the public service. He leaked secret personnel files to the news media, made dangerous allegations against his successor, which the Presidency declared to be unfounded. He then sent frivolous petitions to the National Assembly, making wild and fictitious allegations.
In 2018, a Special Management Staff Disciplinary Committee found Mohammed Dauda guilty of offences including “breach of confidentiality, violation of oath of secrecy/allegiance, misapplication of Agency funds, unlawful petition, disobedience of lawful orders, falsehood and prevarication, injurious rumour peddling and violation of Section 108 on unauthorized publication in the media.”
The Senior Management Committee, with the President’s approval, dismissed him from NIA’s service. He has since been living in the United Arab Emirates [UAE] from where he has continued to mount campaigns of calumny against the agency and its top officials. We are surprised that the UAE, which is friendly to Nigeria, continues to harbor a subversive element. If it has not done so already, the Federal Government of Nigeria should file processes with the UAE to demand Mohammed Dauda’s extradition back home to answer for his crimes in a law court.
The National Industrial Court ruled in 2020 that Mohammed Dauda should be reinstated to the service because some disciplinary rules were not complied with, which ruling has been appealed. He however planted stories in the media saying the court reinstated him as Director General, an impossibility since this is a political appointment at the discretion of the President.
As further proof of his indiscipline and lack of patriotism, Mohammed Dauda appeared before a House of Representatives committee in February 2018 and read out a sensational petition reeling out confidential security information, which he promptly leaked to the mass media. In it he made many wild allegations against members of the Presidential Task Force on the reform of security agencies, which were all found to be false.
In 2020, Dauda orchestrated more stories in the media. In the name of alleging favoritism within the agency, he breached all known rules of the service and of national security by mentioning publicly the names of officers he said were posted, the locations to which they were posted and the officers that they would replace there. Assuming the lists were true, this was a bonanza he freely provided to foreign intelligence agencies, an offence that in many countries could earn for the perpetrator the death penalty.
Last month, Mohammed Dauda was up to his unpatriotic game again, running around media houses and planting stories, alleging that some faceless NIA directors wrote a letter to President Buhari and told him to “stop appending his signature to things he does not understand,” allegedly because “his advisers are misleading him because of their selfish interests.”
Our discreet investigation found that no such letter was written by any NIA directors, serving or retired. Indeed, no public service officer worth the name could write such an impudent letter to the President of the Federal Republic.
 The purpose of the alleged letter was to warn the President to desist from reappointing the current DG, whose first four-year tenure expires this month. It was most presumptuous, most disrespectful to the President’s office, most injurious to constitutional prerogatives, most harmful to national security and most selfishly egotistical for Mohammed Dauda to try to stampede the Presidency into a decision one way or another just to satisfy his lust for vengeance, ego trip and self-aggrandizement.
It is true that intelligence services all over the world, including the American CIA, Britain’s MI6, Russian Federation’s Sluzhba Vneshney Razvedki [SVR] and Israel’s Mossad have all had instances over the years where former officers became rogue and tried to undermine the agencies’ integrity. Governments as well as security and intelligence agencies worldwide do not take kindly to sabotage because of their critical roles in their nations’ security.
No country, including the most developed ones, tolerates the breach of intelligence information and the outing of secret service officers. In the US, vice presidential aide in George W Bush’s Administration, Lewis Scooter Libby, was jailed for exposing the wife of Ambassador Joseph Wilson as a CIA agent. In 1994, CIA counterintelligence officer Aldrich Ames was sentenced to life in prison without parole for “compromising highly classified CIA assets.”
 In 2001, American FBI officer Robert Hanssen was sentenced to 15 consecutive life sentences without possibility of parole for compromising US intelligence secrets. The British Government took serious exception in 1987 when former MI5 officer Peter Wright published his book Spycatcher, and banned its sale in the UK.
The actions of Mohammed Dauda in the past four years proved beyond all reasonable doubt that he was a most unfit and improper person to hold positions of responsibility in Nigeria.
He has conclusively proved to the world that the President was absolutely right when he terminated Mohammed Dauda’s tenure as NIA’s Acting Director General in 2018 after only a month, a position he occupied without an appointment letter, based upon a phone call, and only because he was NIA’s most senior director at the time, though on foreign posting.
We therefore urge all Nigerians to henceforth disregard the antics of Mohammed Dauda which seek to distract critical security agencies from keeping their eyes on the ball with regards to insecurity that is bedeviling this nation.
We also urge media houses to be wary, lest they become accomplices in the illegal and unpatriotic actions of Mohammed Dauda which undermine national security.
We are confident that President Muhammadu Buhari will wisely use the performance information to which he is the sole privy to exercise his constitutional prerogatives in matters of appointment and reappointment of security officers without stampede or distraction by disgruntled persons such as Mohammed Dauda.
Messrs Iliyasu and Ezenekwe, are senior investigative journalists based in Abuja
Bandits Kill Seven Family Members In Fresh Kaduna Attack

Gunmen Kill Seven Family Members, 17 Others In Fresh Kaduna Attack –  Channels Television
Gunmen have killed seven members of the same family during an attack on Sabon Birnin Birnin village in Igabi Local Government Area of Kaduna State.
The Kaduna State Commissioner for Internal Security and Home Affairs, Samuel Aruwan, confirmed this to Channels Television, saying that security agencies are working assiduously to contain the attacks and also get an update on the number of casualties.
According to the locals, the incident occurred on Monday night when the bandits in their large numbers invaded the community and started shooting sporadically, killing the family members in the process.
Police authorities are, however, yet to respond to the incident.
But a community leader, Bello Musa, told Channels Television that many residents of the village have fled from their homes due to fear of being attacked or killed by the marauding bandits.
He, however, appealed to the Federal Government to deploy more troops to Igabi and other troubled zones in Kaduna State in order to protect the people from further attacks.
The gunmen carried similar attack on 13 other villages in Kerawa ward in Igabi local government area, killing no fewer than 17 people.
According to a resident of the community, the attacks were carried out simultaneously in the villages.
Ecobank Group Makes New Appointments 

Ecobank Group has elevated  Mr Chinedu Ikwudinma to the position of group executive and group chief risk officer.
Ikwudinma succeeds Mr Eric Odhiambo in that role, following Odhiambo’s appointment as group executive, corporate and investment banking.
Odhiambo replaced Mr Akin Dada, who recently retired from the Ecobank Group, having reached the retirement age of 60,according to a statement.
The statement said prior to his appointment as GCRO, Ikwudinma had been the group’s chief credit officer since June 2019.
The Group Chief Executive Officer, Ecobank, Ade Ayeyemi, said, “I congratulate Chinedu on his elevation to the position of group chief risk officer. Chinedu is a consummate banker with extensive risk management experience.
“Since joining Ecobank in 2019, he has brought on board his strong credit analysis and structuring acumen as well as an all-encompassing risk management intellect. We are pleased to be able to appoint senior executives from within the group as we continue to build strong leadership capacity into the future.”
Speaking on Dada’s retirement, the Chief Executive Officer, Ecobank Group, Ade Ayeyemi, said: “In the last five years with Ecobank, Akin has made very impactful contributions.
“His invaluable and varied experience over many years in corporate banking, as well as his broader knowledge of banking, credit and risk management, ideally positioned him to lead our Group Corporate and Investment Banking business. I thank Akin for his significant contributions and wish him a very happy and fruitful retirement.”
Ayeyemi described Odhiambo as “a vastly knowledgeable banker with strong expertise in business development, credit structuring and understanding as well as risk management”.
According to him, he has the capacity to ensure the realisation of the goals of the group’s corporate and investment banking business in the areas of loans, trade finance, advisory services and cross-border payments.
Before  joining the Ecobank Group, Ikwudinma was managing director of Nova Merchant Bank in Nigeria from September 2017 to August 2018, according to the statement.
“He also spent over 26 years with Citigroup in various senior management roles in commercial banking, corporate and investment banking and risk management, has served as the managing director of Citibank Uganda and head of corporate banking in Citibank Zambia,” it said.
The statement said Odhiambo joined the Ecobank Group in September 2017 as group chief risk officer.
It said this followed 14 years with Citigroup in various senior management roles, including head, risk analysis and remedial management; country risk manager; regional head of risk management in Africa and Turkey and CIS; and a senior credit officer, among other roles.
The statement said he led various credit structuring and approvals from an independent risk point of view while also participating with deal teams from corporate and investment banking, corporate finance, project finance, derivative structures and trade transaction services in actualising transactions.
Balyesa: Police Arrest Three Teenagers For Alleged Ritual Killing 

Men of the Bayelsa State Police Command have arrested three teenage suspects for alleged attempted ritual killing.
It gave the identities of the suspects as Emomotimi Magbisa, Perebi Aweke and Eke Prince, who are all 15 years of age.
The command, in a statement on Tuesday issued by its spokesperson, SP Asinim Butswat, said the suspects were nabbed with the support of the Sagbama LGA youths.
The statement said they “allegedly accosted one Endeley Comfort ‘f’ 13 years, hypnotised her to follow them to the apartment of Emomotimi Magbisa in Sagbama community, cut her finger and sprinkle the blood on a mirror for ritual purposes.
“Vigilant youths noticed the suspicious movements of the suspects and raised alarm.The suspects were subsequently arrested and some substance suspected to be charms were recovered from them. The suspects have confessed to the crime.
“The victim was rescued and rushed to the hospital for medical attention. The suspects have been transferred to the Anti-kidnapping unit for discreet investigation.”
NAF Announces Major Shake Up

Nigerian Air Force announces major shake-up, redeploys senior officers
The Chief of Air Staff, Air Marshal Oladayo Amao has appointed new branch Chiefs, Air Officers Commanding (AOCs), Commandants of tri-Service and NAF institutions as well as Unit Commanders.
 Air Commodore Edward Gabkwet, Director of Public Relations and Information, Nigerian Air Force (NAF), conveyed this in a statement.
 Air Marshal Amao explained that  the postings and redeployments in the military are routine exercises intended to reinvigorate the Services for greater performance, enhanced productivity, operational efficiency, and effective service delivery.”
Among the newly appointed Branch Chiefs are Air Vice Marshal (AVM) Ayoola Jolasinmi, erstwhile Air Officer Commanding (AOC), Air Training Command (ATC), Kaduna who is now the Chief of Defence Policy and Plans (CDPP) at Defence Headquarters (DHQ), former Chief of Aircraft Engineering at Headquarters NAF (HQ NAF), AVM Musa Muktar moves to DHQ as Chief of Defence Transformation and Innovation, (CDTI), former AOC Logistics Command (LC), Ikeja, AVM Charles Ohwo is now the Chief of Policy and Plans (COPP), HQ NAF, Abuja, AVM Jackson Yusuf, former AOC Special Operations Command (SOC), Bauchi is now appointed Chief of Training and Operations (CTOP), HQ NAF, while AVM Abubakar Liman heads the Air Intelligence Branch as the Chief of Air Intelligence, HQ NAF.
Also appointed are AVM Emmanuel Wonah, former Managing Director NAF Investments Limited (NAFIL) as Chief of Aircraft Engineering (CAcE), HQ NAF, AVM Raimi Salami is now redeployed as the Chief of Communications Information Systems (CCIS) HQ NAF, while AVM Olatokunbo Adesanya has been appointed as Chief of Logistics (CLOG), HQ NAF.
AVM Aliyu Bello, erstwhile AOC Mobility Command (MC), Yenagoa is now the Chief of Standards and Evaluation (COSE), HQ NAF, AVM Nelson Calmday is to take over as the Chief of Administration (COA), HQ NAF and AVM Paul Jemitola is now the Air Secretary, HQ NAF.
Besides, former Commander 081 Pay and Accounting Group, Ikeja, AVM John Ochomma is now the Chief of Accounts and Budget (CAB), HQ NAF, AVM Idi Lubo, erstwhile AOC Tactical Air Command (TAC) proceeds to Lagos as Commandant Armed Forces Resettlement Centre (AFRC), AVM Anthony Tuwase  takes over as the Commandant, Armed Forces Command and Staff College (AFCSC), Jaji while former AOC Ground Training Command (GTC), Enugu, AVM Mohammed Yakubu is the new Commandant of Air Force Institute of Technology (AFIT), Kaduna just as AVM Sayo Olatunde is now the Commandant Air Force War College (AFWC), Makurdi.
The newly appointed AOCs are AVM Abraham Adole, AOC TAC, Makurdi, AVM Tajudeen Yusuf, AOC SOC, Bauchi, AVM Iboro Etukudo, AOC MC, Yenagoa, AVM Nanjul Kumzhi, AOC ATC, Kaduna, while the former Director of Public Relations and Information, NAF, AVM Ibikunle Daramola is now the AOC, GTC, Enugu and AVM Hassan Abubakar who is now the AOC LC, Ikeja.
Also appointed are AVM Emmanuel Eze as the Group Managing Director NAF Holding Company, Air Commodore Esen Efanga now the Commander Air Task Force Operation HADIN KAI while Group Captain Dogari Apyeyak is now the Air Component Commander, Operation Thunder Strike.
Congratulating the new appointees, the Chief of Air Staff,  charged them to continually task and explore their critical thinking mindsets towards proffering workable solutions and strategies to be deployed against the various security challenges in the Country.
The newly appointed and redeployed senior officers are expected to assume their new offices on or before Friday, 7 January 2022.
SEC To Nigerians:Don’t Invest In FinAfrica Investment, Chimark Group

The Securities and Exchange Commission (SEC),says the operations of FinAfrica Investment Limited and Chimark Group was  illegal, and warned the investing public against dealing with the two firms.
The agency’s warning was contained in a circular made available to newsmen.
 SEC  disclosed that its attention had been drawn to the activities of “an illegal operator FinAfrica Investment Limited”, which “claimed to be an investment company that engages in business development in commercial sectors of the economy and uses the funds in entities under Chimark Group”.
It said neither FinAfrica Investment Limited nor Chimark Group is registered by the Commission and the investment schemes being promoted by these entities are also not authorized by the SEC.
“In view of the above, the general public is hereby warned that any person dealing with the within named company in any capital market related business is doing so at his or her own risk,” SEC stated.
The latest circular followed the declaration of another firm, Poyoyo Investment (Pilvest) Nigeria Limited, as a Ponzi scheme, a front to defraud unsuspecting investors.
SEC had noted that electronic and WhatsApp messages were being circulated to investors on behalf of Pilvest.
It said the electronic message indicates a proposal to investors to invest in guaranteed investment plans of either a minimum capital of N100,000 being invested for a period of one month with a returns on investment (ROI) yield of 20 per cent or a minimum capital of N300,000 being invested for a period of three months with a monthly ROI yield of 23 per cent monthly “and total ROI yield is 69 per cent” or a minimum capital of N500,000 being invested for a period of six months with “a ROI yield of 25 per cent monthly and total ROI yield is 150 per cent” or a minimum capital of N1 million being invested for a period of one year with a “ROI  yield of 30 per cent monthly and total ROI yield is 360 per cent”.
“Besides the obvious errors in the returns calculations above, preliminary investigation has revealed that Poyoyo Investment (PILVEST) Nigeria Limited is purely a Ponzi scheme as it is a non-sustainable business model that involves the collection of money from unsuspecting investors with a promise of high return without any underlying assets.
“The Commission hereby notifies the investing public that Poyoyo Investment (PILVEST) Nigeria Limited have no tangible business model; hence it is a PONZI SCHEME where returns are paid from other people’s invested sum. Also, its operation is not registered by the Commission.
“In view of the above, the general public is hereby warned that any person dealing with the within named Company in any capital market related business is doing so at his or her own risk,” SEC stated.
FG:Nigeria Produces 440.774 m Barrels Of Crude Oil In 11months 

The Federal Government has said that Nigeria produced a total of 440.774 million barrels of crude oil valued at about N12.4tn between January and November 2021.
This was contained in a document on crude oil and condensate production for 2021 released by Nigerian Upstream Petroleum Regulatory Commission in Abuja.
The agency said  that oil production during the 11-month period kept fluctuating, hitting a high of 44.287 million barrels in March, while the least production volume of 37.405 million barrels was recorded in September.
According to the report,production volumes in the months of January, February, April, May and June were 42.195 million barrels, 39.869 million barrels, 41.17 million barrels, 41.679 million barrels and 39.4 million barrels respectively.
It said for the months of July, August, October and November, the country’s crude oil production volumes were 41.026 million barrels, 38.406 million barrels, 38.06 million barrels and 38.247 million barrels respectively.
Data from Statistica, a global statistical firm, on the average monthly prices of a barrel of Brent, the crude against which Nigeria’s oil is priced, showed that the costs of the commodity in January, February, March and April 2021 were $54.77, $62.28, $65.41 and $64.81 respectively.
In May, June, July and August 2021, the average prices were $68.53, $73.16, $75.17 and $70.71 per barrel respectively.
For the months of September, October and November, the average monthly prices of Brent per barrel were put at $74.49, $83.54 and $81.54 respectively.
The country’s official exchange rate during the period was around N400 to the dollar. It stayed above N400/$ from May down to November 2021, after hovering around N379/$ in the earlier months.
Going by an average of N400/$, the various average monthly costs of Brent and the monthly crude oil production figures as stated above, Nigeria earned about N924.41bn from oil in January, N993.22bn in February and N1.16tn in March 2021.
 The country’s crude oil earnings in April, May, June and July were about N1.07tn, N1.14tn, N1.15tn and N1.23tn respectively.
Besides, for the months of August, September, October and November, the Federal Government raked in about N1.09tn, N1.11tn, N1.27tn and N1.25tn respectively.