Politics
Okpebholo Probes Obaseki’s $10m Investment On Observer Newspaper
As part of efforts to get a firm grip on governance, Edo State Governor, Senator Monday Okpebholo plans to probe the sinking of $10 million in the state-owned newspaper, The Nigerian Observer by the immediate-past governor of the State, Godwin Obaseki.
This was revealed in a statement in Benin City on Tuesday by the Chief Press Secretary to the Edo State Governor, Fred Itua.
According to Itua, his principal made the disclosure when he led top officials of his administration on an unscheduled visit to the premises of the Observer titles to inspect facilities on ground.
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The Governor and his entourage were shocked as they could not gain access to the buildings where all the machines purportedly bought by the previous administration were kept.
Obaseki’s Special Adviser on Media Projects, Crusoe Osagie as well as the Publicity Secretary, Edo PDP Caretaker Committee and former Commissioner for Communication and Orientation, Chris Osa Nehikhare were the foot soldiers used by Obaseki on the project.
The once vibrant newspaper organization was closed by Obaseki for the purpose of revamping it and ensuring it competes favourably with other national dailies but instead of delivering on his administration’s promise to Edo people, the media house has been worse off.
Gov Okpebholo, who was not happy as he could not gain access to the facilities, promised to revisit the premises again to inspect the buildings and see for himself the machines Obaseki claimed to have bought with tax payers money.
On the development, the governor said: “I was in the premises of The Observer Newspaper company to see for myself the money claimed to have been spent by the former governor, Godwin Obaseki on revamping the State owned media outfit.
“The former governor claimed to have used $10 million to revamp the newspaper house just before election. Everywhere was locked because there was nothing inside, I could not even see a cleaner in the premises as those we met on the ground were not those working there.
“I need to be there again myself, and I need to inspect the buildings housing the equipment bought by the previous administration led by Godwin Obaseki. I will check inside the buildings myself to be sure that the machines are there. I can’t really say for now if there are machines there because I couldn’t go inside. If the place was working, people would have been there, especially considering the resources spent there.
“Edo people need to ask what happened to their money spent in revamping The Observer Newspaper. I am here as their governor to provide them with the answers. Hence, the visit to the organization became necessary.”
Deji Adeyanju, a Nigerian activist and lawyer, has made explosive claims regarding the 2023 presidential election, suggesting that former Labour Party (LP) candidate Peter Obi and New Nigeria Peoples Party (NNPP) leader Rabiu Kwankwaso secretly supported President Bola Tinubu’s campaign.
In a post shared on his 𝕏 page Thursday, Adeyanju contended that Obi, who ran against Tinubu, would likely continue to support the president in future political endeavors.
He expressed certainty that Obi would decline any efforts to form a coalition aimed at challenging Tinubu in the next election.
READ ALSO: Lad Who Stood In Front Of Obi’s Convoy Apprehended For Street Fighting – Police
“I’m 100% convinced that Obi worked for Tinubu in 2023 and will do so again. I might be wrong, but I’m convinced in my mind about this,” Adeyanju wrote.
“Once a businessman, always a businessman. Those still in doubt will see the clear handwriting before 2027. He will refuse to join the coalition,” he continued.
Additionally, Adeyanju accused Kwankwaso of working in favor of Tinubu during the previous election.
He emphasized that for any opposition coalition to succeed in the 2027 race, figures like Obi and former Vice President Atiku Abubakar—another presidential hopeful—must step aside.
“For the coalition to succeed, all the self-centered politicians like Atiku & Obi should promise not to run and allow neutral folks to run against Tinubu,” Adeyanju proposed. “This is how to put the interest of the nation above personal interest,” he added.
The activist went on to criticize the culture surrounding Nigerian politics, describing it as an industry driven by opportunism.
He lamented the presence of “merchants” surrounding top politicians, accusing them of putting personal gain ahead of the country’s well-being. “The biggest industry in Africa is politics,” Adeyanju said.
“And those around popular politicians are all merchants. Once politics is around the corner, they are in business. Con men and women who just want to cash out.”
Retired Vice Admiral Ibok-Ete Ibas, the Sole Administrator of Rivers State, attended his first National Economic Council (NEC) meeting today at the Presidential Villa in Abuja.
Ibas was appointed to the position by President Bola Tinubu following the suspension of Governor Siminalayi Fubara in March 2025.
READ MORE: Tinubu Swears In Ibas As Rivers Sole Administrator
The NEC meeting, which is being presided over by Vice President Kashim Shettima, gathered a number of state governors and deputy governors from across the 36 states of Nigeria to discuss important national economic issues.
Among the notable figures in attendance was Governor Sheriff Oborevwori of Delta State, who recently defected to the All Progressives Congress.
Governor Oborevwori led the opening prayers at the meeting on the instruction of Vice President Shettima.
Other state governors present included Rev. Fr. Hycinth Alia of Benue State, Abdulrahman Abdulrazak of Kwara, Monday Okpebholo of Edo, and Bassey Otu of Cross River, along with several deputy governors.
Delta State Governor, Rt. Hon. Sheriff Oborevwori, has officially joined the All Progressives Congress (APC), ending his long-standing association with the Peoples Democratic Party (PDP), under which he was elected in 2023.
The switch was confirmed on Wednesday after a closed-door meeting at the Government House in Asaba.
According to his Chief Press Secretary, Sir Festus Ahon, the decision came after extensive deliberations.
READ ALSO: Edo LP Senator, Neda Imasuen Set To Join APC
“This move followed wide consultations with political stakeholders and is in the interest of Delta’s long-term development,” Ahon stated.
Oborevwori was welcomed into the APC by senior party figures, marking what observers are calling a calculated political maneuver with potential ramifications for the 2027 elections.
More to follow…………..
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