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Obama appoints Adewale Adeyemo as deputy NSA for int’l economic affairs

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By Yemie ADEOYE with Agency reports

WASHINGHTON DC-PRESIDENT  Barack Obama has tapped 34 years old Nigerian-American Adewale “Wally” Adeyemo, who served in top roles at the Treasury Department, to succeed Caroline Atkinson as his deputy national security adviser for international economic affairs.

President Barrack Obama

President Barrack Obama

Ms. Atkinson has served in her current post since June 2013, a position that includes coordinating U.S. participation in the annual summits of the Group of 20 and Group of Seven countries. Ms. Atkinson also played key roles in the recently concluded climate negotiations in Paris and in pushing the White House’s trade agenda, including the Trans-Pacific Partnership trade agreement.

Mr. Adeyemo, 34, joined the White House’s National Economic Council as deputy director this fall from the Treasury, where he served most recently as the deputy chief of staff to Secretary Jacob Lew. He was the Treasury’s lead negotiator on the currency agreement that was part of the Pacific trade deal.

Mr. Adeyemo also worked on Treasury’s response to crises in Ukraine and Greece and in 2010 was one of the first officials charged with standing up the Consumer Financial Protection Bureau.

In a statement, Mr. Obama thanked Ms. Atkinson for her service and said he was grateful that Mr. Adeyemo would carry on her work. Mr. Adeyemo had been nominated by Mr. Obama to serve as assistant Treasury secretary for international markets and development, but a White House official said Mr. Adeyemo had asked the president to withdraw the nomination given his new role.

Mr. Lew said that Mr. Adeyemo had “developed a network of international relationships in economic offices around the world to promote U.S. interests effectively.” Former Treasury Secretary Tim Geithner said Mr. Adeyemo, who joined the administration in 2009, was a “natural diplomat with a great feel for policy.”

The position has served as a springboard to even higher profile international finance posts. Michael Froman, who is currently the U.S. trade representative, held the post under both Mr. Obama and President Bill Clinton. Federal Reserve governor Lael Brainard, who previously served as a senior Treasury official in the Obama administration, held the post in the Clinton administration.

 

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‘I Dress To Inspire Young People’ – Pastor Adegboyega Defends Lavish Lifestyle

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Embattled Nigerian pastor and founder of SPAC Nation, Tobi Adegboyega, has defended his opulent lifestyle, claiming it serves to inspire young people rather than flaunt wealth.

This statement comes amid a UK Immigration Upper Tribunal ruling ordering his deportation over visa violations.

Adegboyega, 44, faced accusations of overstaying his visitor visa, which expired after he arrived in the UK in 2005.

Related News: Nigerian Pastor, Adegboyega Faces Deportation From UK Over £1.87m Fraud Allegations

He had applied to remain in the country on human rights grounds. The tribunal, however, ruled against him, citing his failure to regularize his status.

The pastor’s luxurious lifestyle, including designer clothing and expensive cars, was a focal point of the case.

Addressing the tribunal, Adegboyega stated that his lifestyle is fully funded by his wife, Mary Olubukola Alade, who earns £100,000 annually at AON.

He said, “I live with my partner, Mary Olubukola Alade, who earns £100,000 per year working for AON. I spend my time working for the church, for which I am unpaid. I am entirely supported by Mary. I have a first-class law degree from Nigeria, but I have ‘sacrificed’ my legal career to help those who cannot help themselves.”

Defending his appearance, Adegboyega emphasized the importance of projecting success to his young congregation.

The court noted, “For instance, people have pointed to the fact that he wears designer clothing and drives expensive cars. He was adamant that all of his personal possessions had been paid for by Mary.

“He believes it is important for him to dress the way that he does because he needs to inspire these young people – they need to understand that there are legitimate ways of making money, for instance through entrepreneurship.”

Despite the ruling, Adegboyega dismissed the deportation concerns as insignificant.

“I’m right here at home, no cause for alarm. Naturally, I will dismiss things that have to do with retrogression; every Nigerian should be proud of me. Living in the UK, a city that is well known for pulling people down, I have survived all sorts, so the matter that they are propagating is the smallest matter,” he said.

He further expressed confidence in his resilience. “No panic, I love London city, it is my city, and nobody can do anything. Of all the people of colour you know here – pastors and leaders – I have survived everything. I’m here, I am at home, nobody should panic for me.

“I succeeded well in this country despite all challenges, and I’m in the league of people you look up to. I have survived that well; nothing has changed, nothing will change,” he added.

 

 

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Afe Babalola Breaks Silence On Farotimi’s Arrest

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Amid the growing controversy surrounding the detention of human rights lawyer Dele Farotimi, renowned Senior Advocate of Nigeria (SAN) Aare Afe Babalola has publicly addressed the defamation allegations leveled against Farotimi.

The legal action stems from claims made in Farotimi’s book, Nigeria and Its Criminal Justice System, which Babalola asserts contains false and defamatory statements about him and his law firm, Afe Babalola & Co.

READ MORE: FCT Workers Reject January 2025 Minimum Wage Implementation Proposal

In a petition dated November 19 and submitted to the Ekiti State Commissioner of Police, Adeniran Akinwale, Babalola accused Farotimi of making “criminally defamatory” statements about him, his law firm, and two senior lawyers at his firm, Olu Daramola SAN and Ola Faro.

The defamatory remarks are tied to the Supreme Court case Major Muritala Gbadamosi Eletu & Ors v. H.R.H. Oba Tijani Akinloye & Ors.

Babalola revealed that the allegations came to light when one of his lawyers purchased Farotimi’s book while traveling through Murtala Muhammed Airport.

After reading the book, the lawyer immediately brought its contents to Babalola’s attention.

Other members of his firm reportedly did the same, prompting the senior lawyer to take legal action.

In his petition, Babalola pointed to specific passages in Farotimi’s book that accused him of corruption and unethical conduct. The petition reads:

“I write to report the criminal defamation of myself, my law firm Afe Babalola & Co., and my lawyers, Olu Daramola SAN and Ola Faro, by one Dele Farotimi in his book titled ‘Nigeria and Its Criminal Justice System’, published by Dele Farotimi Publishers, in respect of Suit No. SC/146/2005: Major Muritala Gbadamosi Eletu & Ors v. H.R.H. Oba Tijani Akinloye & Ors.

“Sometime on 2/11/2024, one of our lawyers, while traveling through Murtala Muhammed Airport, bought a book by Dele Farotimi titled ‘Nigeria and Its Criminal Justice System’. He read the book and immediately brought it to my attention. Many of my lawyers also bought the book and read it.”

“The defamatory statements are as follows:

  • That Aare Afe Babalola corrupted the Supreme Court to procure a fraudulent judgment in the service of his client.
  • That Aare Afe Babalola, Olu Daramola, Olu Faro, and the law offices of Afe Babalola & Co. (Emmanuel Chambers) compromised the Supreme Court and the remaining semblance of integrity it might have had, when they went back to the Supreme Court and got the Court to swim in the sewer of corruption and shameful self-abnegation.”

Babalola strongly denies the allegations, claiming that they are false and damaging to both his personal reputation and the integrity of the Nigerian judiciary.

 

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Dele Farotimi’s Book Becomes Amazon Bestseller Amid Defamation Saga

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Nigerian author and activist Dele Farotimi’s book, Nigeria and Its Criminal Justice System, has surged to bestseller status on Amazon amid a legal battle with prominent lawyer and businessman, Afe Babalola.

The controversy surrounding the book has captivated public attention, driving both online and offline demand.

The book, which critiques systemic corruption in Nigeria’s judiciary and highlights alleged misconduct by key legal figures, saw modest sales following its release in July 2024.

Related News: NBA Demands Release Of Dele Farotimi, Condemns Police Actions

However, Farotimi’s arrest on Tuesday, following a petition filed by the 93-year-old Babalola, triggered a wave of public curiosity.

By Thursday evening, it had climbed to the top of Amazon’s bestseller rankings, according to checks by Vanguard. Bookstores across Nigeria also reported a significant uptick in demand.

Biztellers reports that Farotimi was detained in Lagos by armed police officers and transported to Ado Ekiti, about 300 kilometers northeast of the city, where Babalola is based.

The senior lawyer alleged that the book accused him of compromising Nigeria’s judiciary—a claim that has sparked heated debates about freedom of speech and accountability in the legal profession.

On Wednesday, Farotimi was arraigned in an Ekiti court, where the judge ordered his remand pending a bail hearing scheduled for December 10.

Farotimi’s legal team has vowed to contest the charges, framing the case as an attack on intellectual freedom.

 

 

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