NEWS
Senator Oriolowo Claims Adeleke Goofed On Asset Looting Claim, Demands N500m Compensation
The Senator representing Osun West Senatorial District, Engr. Adelere Oriolowo has demanded an apology and five hundred million naira compensation from the government of Osun, over the allegations that he illegally took possession of items belonging to the state.
Biztellers had reported that an Asset Recovery Committee set up by Governor Ademola Adeleke, to retrieve some stolen government properties from the immediate-past administration had in its preliminary report, indicted Senator Oriolowo of being in the custody of 130G Motor Grader (005132-A321), D6 Bulldozer (OS130-A32), Electric Transformer Feeder Board Panel and Soil Compactor Machine (OS137- A32).
Oriolowo, while addressing a press conference in Iwo, described the allegations as a blatant falsehood, a naked display of recklessness, sacrilegious dereliction of truth and unjustifiable character assassination.
He stated that the allegation had caused so much damage to his name, reputation and legacy noting that, “since the publication, many well- meaning people within and outside the shores of Nigeria have continuously reached out to me for clarification and solidarity.”
According to him: “I was taken aback as to why a committee of the State would jettison the principle of fair hearing by inviting me to defend whatever report they must have gotten. I also reliably gathered that this said committee failed to submit their report to their principal before going to the public to malign my name.
“The said equipment which belongs to the then OSSADEP was in existence when I left the agency 15 years ago. To the best of my knowledge, some of them were transferred to the Ministry of Rural Development to assist the government. A simple due diligence or investigation by the committee would have unraveled the salient fact that the equipment is still property of the Osun State Government.”
“I have thus instructed my lawyers to write to the State Government demanding a letter of apology within seven (7) days and to also pay the sum of Five Hundred Million Naira (N500,000,000) as compensation for the unquantifiable damage done to my name and integrity.
“My lawyer’s letter has since been received by the Government on the 30th December, 2022 and it is my hope that this Government will retrace its steps, retract the publication and apologize to me. Failure in which, I will use all legal means available to me to get justice.”
The Nigerian Content Development and Monitoring Board (NCDMB) has launched a 5-day Hands-on Oracle Primavera P6 Training in Rivers State, targeting 50 participants.
The training, being executed by Mathnebi Nig. Ltd, commenced today, March 16th and will run until Friday, March 20th.
The intensive hands-on program aims to equip participants with practical skills in project management using Oracle Primavera P6, enhancing their capabilities in the energy and construction sectors.
The NCDMB’s sponsorship of the training underscores its commitment to boosting local capacity and driving Nigeria’s economic growth through skills development.
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The training is expected to benefit participants and contribute to the development of Nigeria’s project management landscape.
President Bola Ahmed Tinubu has sworn in Mr. Taiwo Oyedele as Nigeria’s new Minister of State for Finance at the Aso Rock Presidential Villa.
The swearing-in ceremony took place shortly after the Senate confirmed Oyedele’s nomination last Wednesday.
Oyedele, 50, from Ikaram, Akoko in Ondo State, brings over two decades of experience in fiscal policy and tax administration.
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He previously chaired the Presidential Committee on Fiscal Policy and Tax Reforms, which overhauled Nigeria’s tax system, introducing zero income tax for Nigerians earning N800,000 or less and exemptions for small businesses with turnovers below N50 million.
During his Senate screening, Oyedele described his appointment as “a call to serve at a critical time when Nigeria faces significant fiscal challenges and remarkable opportunities.”
He replaces Dr. Doris Uzoka-Anite, who has been redeployed to the Ministry of Budget and National Planning.
Oyedele also spent 22 years at PricewaterhouseCoopers, held executive programs at top global institutions including the London School of Economics and Harvard Kennedy School, and currently serves as a professor at Babcock University.
The minister’s appointment signals a continued focus on implementing the Tax Reform Acts, which took effect on January 1, 2026, and aim to simplify Nigeria’s tax system while boosting economic growth.
Passengers were thrown into panic on Monday after a train operating along the Abuja–Kaduna rail corridor derailed, leaving several passengers injured and disrupting services on the busy route.
The train, which was travelling from Kaduna to Abuja, reportedly failed to reach its destination as scheduled after the incident occurred along the rail line linking both cities.
According to passengers on board, the incident happened suddenly, sending shock through the coaches as the train came to an abrupt halt.
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Some passengers said they heard a loud bang before the train jolted violently, throwing several occupants off their seats.
Eyewitnesses said the sudden impact caused confusion inside the train compartments, with some passengers sustaining cuts and bruises after hitting seats and metal fittings.
Initial reports suggested that the Abuja-bound train might have collided with another train along the corridor, forcing rail operations to pause temporarily while authorities assessed the situation.
A source within the Nigerian Railway Corporation confirmed the incident but declined to give full details, noting that he was not authorised to speak publicly on the matter.
One of the passengers, Sada Malumfashi, shared his experience on social media shortly after leaving the train.
He described the moment as frightening, stating that the loud sound and sudden stop caused many passengers to be flung from their seats.
He said the train remained stationary for about 30 minutes before the journey resumed slowly toward Kubwa, located on the outskirts of Abuja.
When contacted, the spokesperson for the Nigerian Railway Corporation, Callistus Unyimadu, confirmed the development and said an official statement would be issued.
Authorities are yet to disclose the exact cause of the derailment or the full extent of injuries as investigations continue.
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