NEWS
Councillors Suspend Ogun LG Chairman Accusing Abiodun Of Funds Diversion
A group of councilors in Ogun State’s Ijebu East Local Government Area has temporarily removed the LGA Chairman, Wale Adedayo, for three months over claims of mismanagement and financial impropriety.
In response, Adedayo acknowledged the situation, suggesting that the incident might be accurate.
He also mentioned that the LGA secretariat was visited by police and individuals he referred to as thugs on a Thursday morning.
He said “It might be true. Policemen bombarded the office along with thugs this morning,”
According to report, this action was prompted by an incident where more than a hundred mobile policemen reportedly entered the LGA’s secretariat on a Thursday morning.
The alleged reason for this was a supposed attempt by the Ogun State Governor, Dapo Abiodun, to initiate the impeachment of Adedayo. Adedayo had recently accused the governor of holding back federal government allocations designated for LGAs in the state.
On Thursday, seven councilors namely Fasheyi Adesuji from Itele Ward 7, Bolutife Osunfisan from Imushin Ward 2, Kemi Aliu from Imobi Ward 10, Adeniyi Adenuga from Imusin Ward 1, Abass Sidikat from Owu Ward 5, Biyi Oguntubo from Imobi Ward 9, and Rotimi Williams from Ajebandele Ward 11, announced that the LGA’s legislative council had received multiple allegations requiring investigation.
They instructed Adedayo to appear before the council during its upcoming session on Thursday, September 14, 2023.
As per a resolution letter exclusively obtained by their correspondent, signed by the seven councilors, including the leader of the house, Fasheyi Adesuji, representing Itele Ward 7, a total of 15 allegations were made against the suspended chairman.
They include, alleged “Withdrawal of N4million from LG account for empowerment in 2022, which never took place. Wastage of N2million on Iṣẹṣe Day on August 20, 2022. Duty tour allowance of N260,000 for the chairman and other top functionaries in June 2023.
“Another duty tour allowance for the chairman and other top officials’ engagement in Abeokuta to the tune of N250,000, also ratified in June 2023.
“N426,000 was purportedly spent on the production of a report on the 2020 Jigbo festival Ijẹbu-East when we were even yet to be elected. Claimant of N350,000 for the inauguration of Women in Politics in Ijebu-East in 2022; the money was not released to the group in 2022.
“Entertainment and other logistics expenses during the commissioning of a legislative building at N350,000 on April 18, 2023. Another entertainment on that same commissioning of the legislative building at N295,000 same day, 18th of April 2023.
“The second N8.2 million was sent from phase 2 of the project (table and the chair for schools) 20 chairs were made with N8.2m.
“Another N20million allocation from the state is nowhere to be found. Another N15 million sent from the state went the same way without any project to show for it.
“Award of two boreholes at the cost of N1.8 million each totaling N3.6million in August 2023. While he collects N3 million monthly as security votes, he has held on to the N300,000 monthly security vote of the Vice Chairman for about five months.
“He has refused to pay up despite several interventions and meetings on the issue by the ALGON executive, led by Tunde Emiola.
Inability to account for over N2.5 million left in the Project Account of the council by the previous administration for the completion of a school at Kajola, ogbere.
The school remains uncompleted to date. Illegal tax collection from Okada riders and drivers via what the chairman called “levy” without the approval of the Legislative Council, which is double taxation for the people of Ijebu East at this tough period.
Having received the above allegations, there is a need for a thorough investigation by the House.”
NEWS
Obi Asks World Bank, Banks to Verify Anambra Debt Claims
Former Anambra State Governor Peter Obi has called on the World Bank and Nigerian banks to verify records relating to the debt claims made against his administration, insisting that the figures being presented by the state government should be subjected to documentary scrutiny.
Obi made the call during an interview on Arise TV’s Prime Time programme on Thursday, September 24, 2026, while responding to the Anambra State Government’s claims over loans allegedly incurred during his eight-year tenure.
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The former governor specifically urged the World Bank to provide records showing the actual drawdowns from the facilities linked to Anambra, rather than relying on the total amount originally approved or contracted.
“Please publish these documents. I’m urging you, please. The World Bank is in Abuja; they can give you the history of the drawdowns,” Obi said.
He also challenged the relevant Nigerian banks to verify the financial records he said were contained in his 2014 handover documents.
“The banks mentioned here are Nigerian banks; you have access to their headquarters. Ask them whether this money was there,” he added.
Obi’s comments came amid a dispute over the Anambra Government’s earlier claim that eight external loan facilities associated with his administration had an outstanding balance of about N127.4bn as of June 30, 2026.
The state had linked the loans to projects in areas including education, healthcare, erosion control and malaria prevention.
The former governor disputed the presentation, arguing that approved loan facilities should not automatically be treated as money borrowed or spent if the funds were not actually drawn down.
He maintained that some of the funding arrangements involved Federal Government-backed concessionary financing and said the World Bank records could establish when the money was accessed.
The controversy has since shifted towards the actual amount drawn from some of the facilities.
Anambra State Commissioner for Information and Value Reorientation, Law Mefor, reportedly acknowledged during an Arise TV appearance that the government had not properly verified the amount actually drawn from a $123m facility before citing the larger figure. He said the government would seek clarification from the relevant authorities.
The development has added another layer to the disagreement between Obi and the Anambra Government over the state’s financial position at the end of his administration.
Obi has consistently maintained that he left office in March 2014 without outstanding salaries, pensions, gratuities or certified contractor obligations, while the state government has continued to dispute aspects of his account of the state’s inherited liabilities.
NEWS
‘Where Is the President?’ — Peter Obi Questions Tinubu’s Prolonged Absence
Presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has questioned President Bola Tinubu’s prolonged absence from Nigeria, saying Nigerians deserve to know the President’s whereabouts amid the country’s security challenges.
Obi made the remarks on Arise TV on Thursday while discussing the President’s absence from the country and the situation surrounding other senior government officials.
According to Obi, the issue was not simply that Tinubu was outside Nigeria, but that he had remained abroad beyond the period initially announced for his trip.
ALSO READ: ‘Borrowed Funds Not Spent Cannot Be Counted as Debt Left Behind’ -Peter Obi
“It’s not just that he’s out of the country. He’s out of the country beyond the days he was supposed to be. Beyond the days they even said he was going for,” Obi said.
He also noted that Vice-President Kashim Shettima was outside the country, while Senate President Godswill Akpabio was also reportedly abroad and the Senate was not in session.
“The Vice President is not in the country. And I understand the Senate President is out of the country, the Senate is not in session,” he said.
Obi expressed concern about the situation against the backdrop of insecurity and recent incidents involving the deaths of suspected illegal miners in Niger State.
“We don’t need this level of rascality at this moment in time, when Nigerians are being kidnapped, being killed, things are… we need a country where we have somebody, where we have competence, capacity, and compassion,” he said.
Referring to the deaths recorded in Niger State, Obi said the presence of the country’s chief executive was particularly important during a crisis.
“Look at Niger State now, where 10 people… where some young people have died for nothing,” he said.
The former Anambra State governor argued that while there is a chain of command within government, delegation should not replace the physical presence of the country’s leader during critical situations.
“It is… the CEO being present is critical at a time of crisis. Not delegation. Yes, you have a chain of command,” Obi said.
He subsequently asked where the President was and insisted that Nigerians should be informed.
“Where is the President? Nigerians ought to know,” he said.
Obi also said that, if elected president in 2027, he would make his whereabouts publicly known whenever he travelled.
“If I travel today, I tell people where I am. When I become President, Charles, people will know where I am 24 hours,” he said
“That is public space, public office,” Obi added.
The comments come amid continuing public debate over the absence of the President and Vice-President from Nigeria.
NEWS
‘Borrowed Funds Not Spent Cannot Be Counted as Debt Left Behind’ – Peter Obi
The presidential candidate of the Nigeria Democratic Congress (NDC) for the 2027 election, Peter Obi, has challenged the way government borrowing is accounted for, arguing that funds borrowed but not actually drawn down should not be treated as debt left behind by an administration.
Obi made the remarks during an interview on Arise TV on Thursday while explaining his position on borrowing during his tenure as governor of Anambra State.
“That is a wrong public accounting. Even if I had gone to bank and borrowed money, but I did not spend the money, you cannot call it debt I left,” Obi said.
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He illustrated his argument with a hypothetical ₦10 billion loan facility, saying that where only ₦500 million was actually drawn, it would be inaccurate to describe the entire ₦10 billion as money owed.
“They gave me a loan of 10 billion Naira, and Charles, I only drew down 500 million. You cannot say I’m owing 10 billion, because you know the amount,” he said.
The NDC candidate said such a practice would amount to improper public-sector accounting.
“That’s why I said it is not proper public sector accounting,” Obi said.
He also cited the former Director-General of the Debt Management Office, Abraham Nwankwo, whom he said served for 10 years, in support of his claim about his borrowing record as Anambra governor.
Obi recalled that Nwankwo invited him to his send-off ceremony and publicly explained why he had selected Obi as chairman of the event.
“He announced it to everybody in that party that the reason why he made me chairman is because I was the only governor in Nigeria who never came to his office for approval to borrow money,” Obi said.
Anambra Debt Controversy
Obi’s comments come against the backdrop of continuing debate over the debt profile he left behind after serving as Anambra State governor from 2006 to 2013.
The former governor has consistently defended his administration’s financial record, while figures and claims about Anambra’s debt during and after his tenure have generated public debate.





