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Tinubu Appoints Convicted Ex-FRC Secretary To Probe CBN, Others

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President Bola Tinubu has assigned Jim Osayande Obazee, a man previously dismissed by his predecessor due to numerous allegations of corruption, abuse of office, federal racketeering, and conviction for sexual harassment, to lead an investigation of the Central Bank of Nigeria and other federal agencies.

 

In a letter dated July 28, the president instructed Mr. Obazee, as a special investigator, to uncover extensive corruption within the nation’s main banker and other institutions suspected of promoting a culture of public graft.

 

The president said Mr Obazee, who was controversially removed from office in 2017 by President Muhammadu Buhari following multiple charges that included fraud and sexual assault of a federal official, should “immediately take steps to ensure the strengthening and probity of key Government Business Entities (GBEs), further block leakages in CBN and related GBEs and provide a comprehensive report on public wealth currently in the hands of corrupt individuals and establishments (whether private or public).”

 

He would operate with “a suitably experienced, competent and capable team and work with relevant security and anti-corruption agencies to deliver on this assignment,” Mr Tinubu added in the letter, noting that he would anticipate updates from Mr Obazee’s team on a weekly basis.

 

This is coming approximately seven weeks after President Bola Tinubu dismissed Godwin Emefiele as the head of the Central Bank of Nigeria (CBN) and detained him.

 

Despite court orders, he appointed Jim Osayande Obazee to lead an essential anti-corruption investigation

 

It seems that President Tinubu may not have thoroughly considered Mr. Obazee’s controversial background before assigning him to this crucial portfolio.

 

In 2013, Mr. Obazee, who was then the executive secretary of the Financial Reporting Council, faced accusations of sexually abusing a federal official named Abimbola Patricia Yakubu and subsequently retaliated against her by terminating her employment with the federal agency.

 

Ms. Abimbola Patricia Yakubu took swift action and filed a lawsuit against the Financial Reporting Council (FRC) for wrongful termination and allegations of covering up sexual assault by its leadership.

 

The case was heard in the Kano Division of the National Industrial Court, where Justice Oyebiola Oyewunmi presided over a lengthy trial.

 

In the ruling on November 24, 2016, Justice Oyewunmi found in favor of Ms. Yakubu and ordered Mr. Jim Osayande Obazee to pay her N5 million in damages.

 

Additionally, the judge ordered the immediate reinstatement of Ms. Yakubu to her former position with full payment of her salaries, including the period she was away from work due to the illegal termination.

 

The court found that Ms Yakubu “suffered unquantifiable mental and psychological trauma, low self-worth and dignity,” from Mr Obazee’s treatment.

 

“I award the sum of N5,000,000.00 against the 2nd defendant for sexually harassing the claimant, discrimination against her, inhuman and executive recklessness of the 2nd defendant, thereby creating a hostile working environment for the claimant and for the violation of her human dignity and self-worth-respect,” the judge ruled.

 

Despite the judgment against him, Mr. Jim Osayande Obazee maintained his innocence regarding all charges.

 

However, it remains unclear whether he pursued an appeal. The special investigator did not respond to a request from Peoples Gazette seeking comments on his background.

 

In addition to the previous sexual assault case, in 2016, Mr. Obazee faced accusations of embezzling public funds from the agency. There were also allegations that he accepted bribes to advocate for a federal takeover of certain banks and the removal of Lamido Sanusi, who was then the CBN governor.

 

In January 2017, Mr. Jim Osayande Obazee was dismissed from his position as the head of the Financial Reporting Council (FRC) by President Muhammadu Buhari.

 

The decision to remove him came after significant controversy surrounding his move to impose strict regulations on churches, mosques, and other faith-based entities across Nigeria.

 

This move was particularly linked to the decision of Enoch Adeboye to step down as the head of the Redeemed Christian Church of God. However, the church denied any involvement in Mr. Obazee’s removal.

 

There was no response from a spokesman for the president regarding how Mr. Obazee was vetted for the position when sought for comments.

 

Mr. Tinubu has faced persistent allegations of corruption and drug dealing throughout his decades-long political career, and he has maintained close relationships with individuals of questionable character.

 

For instance, his chief of staff, Femi Gbajabiamila, was accused of accepting bribes to pass a law in 2021 and had previously faced punishment for misappropriating funds from clients during his legal practice in the United States.

 

Additionally, Abdullahi Ganduje, a key political ally of the president, was caught on video accepting bribes from a public works contractor.

 

While Mr. Tinubu continues to deny corruption allegations, he did acknowledge forfeiting drug money to the U.S. authorities in the 1990s.

 

In a letter to Mr. Obazee, he stated that the decision to appoint a special investigator aligns with his administration’s commitment to eradicating corruption in public service.

 

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Dangote Refinery Cuts Petrol Price To ₦970 per Litre For Marketers

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The Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), also known as petrol, to ₦970 per litre for oil marketers.

This new price, effective immediately, marks a ₦20 decrease from the refinery’s previous ex-depot price of ₦990 per litre, which was set earlier this month.

In a statement released on Sunday, Anthony Chiejina, the refinery’s Chief Branding and Communications Officer, explained that the price reduction is a way for the company to express its appreciation to Nigerians for their unwavering support in making the refinery a reality.

READ MORE: NDLEA Nabs Businessman For Using Ingestion To Smuggle Cocaine

“This decision is our way of thanking Nigerians for their unwavering support in making the refinery a dream come true,” Chiejina said.

The statement also highlighted the refinery’s gratitude towards the Nigerian government, acknowledging the role of government measures in supporting domestic businesses.

“In addition, this is to thank the government for their support, as this will complement the measures put in place to encourage domestic enterprise for our collective well-being,” the statement read.

Despite the price cut, the refinery reassured consumers that there would be no compromise on the quality of its products. “While the refinery would not compromise on the quality of its petroleum products, we assure you of best quality products that are environmentally friendly and sustainable,” the statement added.

The company also committed to ramping up production to meet domestic fuel consumption and alleviate concerns over potential supply shortages.

“We are determined to keep ramping up production to meet and surpass our domestic fuel consumption; thus, dispelling any fear of a shortfall in supply,” the statement concluded.

The price reduction is expected to save marketers approximately ₦20 per litre on purchases from the refinery’s Lekki-based plant.

 

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I Am Just A Content Creator – Simon Ekpa Denies Biafran Leadership Role

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Simon Ekpa, a Finnish citizen of Nigerian descent and a controversial figure in the Biafran separatist movement, has dismissed his self-styled title of “Prime Minister of Biafra” as inconsequential.

Speaking during legal proceedings at the Päijät-Häme District Court in Finland, Ekpa stated, “I am just a content creator; the issue of Prime Minister of Biafra is not serious.”

READ ALSO: National Assembly In Top Gear For Tinubu’s 2025 Budget Presentation

Ekpa’s statement comes in the wake of his arrest by Finnish authorities on charges related to incitement of terrorism.

The Finnish National Bureau of Investigation (NBI) has accused Ekpa of public incitement to commit crimes with terrorist intent.

The arrest stems from an incident in Lahti on August 23, 2021, and officials are also seeking the detention of four other suspects linked to the case.

“The detention demands are related to a preliminary investigation in which a Finnish citizen of Nigerian descent, born in the 1980s, is suspected of public incitement to commit a crime with terrorist intent,” the NBI said in a statement.

Ekpa, who has used his social media platforms to advocate for Biafran independence, has been a divisive figure in Nigeria’s southeast region.

His rhetoric and actions, including calls for economic shutdowns through “sit-at-home” orders, have been linked to widespread unrest and disruptions in the region.

 

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National Assembly In Top Gear For Tinubu’s 2025 Budget Presentation

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The National Assembly management team, led by Clerk Sani Magaji Tambawal, has ramped up efforts to ensure a seamless presentation of the 2025 Appropriation Bill by President Bola Ahmed Tinubu.

The event, scheduled for a joint session of the Senate and House of Representatives, is regarded as a significant moment in Nigeria’s legislative calendar.

Preparations include a thorough inspection of the assembly chambers to ensure all facilities are fully functional.

READ MORE: PDP Governors Probe Ondo Polls, Criticizes Edo Result

Deputy Clerk Kamoru Ogunlana, who is overseeing the technical arrangements, confirmed that key systems, including microphones, sound equipment, and other audio-visual tools, have been tested to ensure smooth communication during the session.

“We are working tirelessly to ensure that the National Assembly is fully prepared to receive Mr. President and provide a conducive environment for this significant moment in our democratic process,” Ogunlana stated.

Seating arrangements are also being finalized to accommodate lawmakers, government officials, and other dignitaries expected at the session.

Security measures are being reviewed in collaboration with relevant agencies to ensure the safety of all attendees. Meanwhile, press accreditation is being managed to facilitate effective media coverage.

The 2025 budget presentation is expected to highlight the government’s economic priorities while reinforcing the partnership between the executive and legislative arms of government.

As the session approaches, the National Assembly has expressed its commitment to upholding Nigeria’s democratic values and providing a platform for transparent governance.

 

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