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Fayose debunks claim that he borrowed N56bn, “The false story comes from Fayemi’s camp”

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Ekiti State Government has described as total falsehood, report that the State borrowed a total sum of N56 billion since Governor Ayodele Fayose assumed office and that a fresh N25 billion loan was applied for; saying that; “the only fresh loan taken by the government of Fayose was the N10 billion grant from the Excess Crude Account, which was released to all States for capital projects, N2.8 billion requested from Wema Bank to pay State Universal Basic Education Board (SUBEB) counterpart fund out of which N1 billion has been accessed and N600 million for MDGs counterpart fund, which has been repaid.”
The government said “the report, which was attributed to the Debt Management Office (DMO) was orchestrated from the media office of the Minister of Mines and Steel Development, Dr Kayode Fayemi, who is obviously struggling albeit unsuccessfully to redeem his battered image by trying to change the narrative from the debt he plunged Ekiti State to and the wanton looting of the treasury when he was governor. We are aware of how hard Fayemi’s media handlers tried yesterday, to get the false report published in major newspapers, claiming that they had a classified document from the DMO.”
Special Assistant to the State Governor on Public Communications and New Media, Lere Olayinka, who reacted to the report in a release issued on Monday, said; “There is no recent bulletin from the DMO website concerning debt owed by any state as claimed in the false report. Nigerians, especially Ekiti people can visit the DMO website: https://www.dmo.gov.ng/debt-profile/domestic-debts for further clarification.”
He said; “As at the time Governor Fayose assumed office, some of the loans on the debt profile of Ekiti State were; Bond from capital market (N26.7 billion), loan for developmental projects obtained from Ecobank using Fountain Holdings (N5 billion), loan for recapitalization obtained from Wema Bank (N1 billion), commercial agric credit scheme from First Bank (N420.8 million), loan for legacy facility obtained from Ecobank (N408.2m), loan for developmental projects obtained from Skye Bank (N7.5bn), vehicle lease obtained from Ecobank (N146.6bn), laptop procurement (N375m) among others.”
“It is on record that Ekiti State Government was indebted to the tune of N86, 013,689,097 as at October 16, 2014 that Governor Fayose took over. The debts are broken down as follows: Bank Loans; N15, 831,613,425.62, Bond; N26, 749,796,784.75, Outstanding Warrants; N15, 522,552,900.76, Outstanding to Road Contractors; N21, 286,126,749, Outstanding Remittances to FG; N709, 883,656.75, Outstanding Remittances (State Govt); N592, 995,374.89 and EKSG Public Servants Outstanding Emoluments; N5, 137,888,224.37.
“We are however not unmindful of the battered image of the APC in Ekiti State and the attempt to change the narrative to ‘Fayemi’s government truly plunged Ekiti into debt, but Fayose’s government has borrowed more.’ This is more like someone admitting to being a thief but calling others thieves too.
“No matter how hard Fayemi and his spin-doctors try, they cannot erase the fact that apart from regular monthly allocation and Subsidy Reinvestment Programme (SURE-P) fund among others, Fayemi’s received N46.4 billion from the Excess Crude Account, yet he took N25 billion bond and N31 billion commercial bank loan. One of such frivolous loans was the N5 billion obtained from Ecobank without the DMO approval, using Fountain Holdings Limited, a company with N15 million share capital.
“Finally, the website of the DMO is www.dmo.gov.ng, Nigerians can visit the website to see whether or not there was any bulletin published this month concerning debt owed by Ekiti State government.”
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LPDC Verdict: CRG Hails Decision Clearing Deputy Speaker Benjamin Kalu, Condemns Political Witch-Hunt

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LPDC Verdict: CRG Hails Decision Clearing Deputy Speaker Benjamin Kalu, Condemns Political Witch-Hunt

LPDC Verdict: CRG Hails Decision Clearing Deputy Speaker Benjamin Kalu, Condemns Political Witch-Hunt

 

The Centre for Responsible Governance (CRG) has welcomed the decision of the Legal Practitioners Disciplinary Committee (LPDC) dismissing the complaint filed against the Deputy Speaker of the House of Representatives, Benjamin Okezie Kalu, describing the ruling as a clear affirmation of due process and institutional integrity.

In a press statement issued on Thursday, the spokesman of the Centre, Obande George, said the verdict of the disciplinary body has once again vindicated the Deputy Speaker and reaffirmed the position earlier taken by CRG that the allegations against him lacked merit.
The LPDC, in its ruling referenced BB/LPDC/1954/2026, held that no prima facie case had been established against the Deputy Speaker and dismissed the complaint in its entirety.

According to George, the decision demonstrates the importance of allowing competent institutions to examine allegations objectively rather than rushing to judgment in the court of public opinion.

“From the onset, the Centre for Responsible Governance maintained that justice must take its course. We insisted that competent institutions should be allowed to examine the issues without political pressure or sensationalism. The LPDC’s ruling has now clearly shown that the allegations had no foundation,” he said.

The CRG spokesman further stated that the decision reinforces the sterling reputation of the Deputy Speaker, who has over the years built a distinguished profile both as a legal practitioner and as a legislator.

“Honourable Benjamin Kalu is a respected member of the Nigerian Bar and an accomplished lawmaker. Attempts by some individuals to impugn his reputation through unfounded allegations were unfortunate and unnecessary.”

CRG also condemned the actions of certain civil society groups that were quick to demand that the Deputy Speaker step aside from office even before any formal determination had been made by the relevant authorities.
George described such calls as premature and irresponsible, noting that they contributed to the politicisation of a matter that required sober institutional review.

“It is disappointing that some civil society organisations rushed to demand that the Deputy Speaker step aside without allowing due process to run its course. Advocacy for accountability must be guided by facts and fairness, not by sensational pressure.”

The organisation also criticised what it described as the role played by some political actors from the South East who allegedly sought to exploit the controversy for narrow political interests.

According to CRG, it is troubling that certain politicians would attempt to undermine one of their own for short-term political advantage.

“It is even more disturbing that some political actors from the South East appeared eager to weaponise this matter in an attempt to bring down one of their own for cheap political gain. Such actions weaken collective political progress and erode the spirit of solidarity required for national development.”

CRG therefore called on Nigerians to learn from the episode and reaffirm respect for institutional processes and the rule of law.

The organisation stressed that public discourse must be guided by evidence, fairness and responsible engagement rather than rumours or politically motivated campaigns.

“The lesson here is simple: allegations must be tested by competent institutions before conclusions are drawn. Nigeria’s democracy will only grow stronger when due process is respected and reputations are not casually destroyed.”

CRG concluded by congratulating the Deputy Speaker for maintaining calm and dignity throughout the controversy, noting that his composure reflected confidence in the justice system.

LPDC Verdict: CRG Hails Decision Clearing Deputy Speaker Benjamin Kalu, Condemns Political Witch-Hunt

@The Centre for Responsible Governance, Email: [email protected], Instagram: crgngo6, Twitter: crgng06, Threads: crgngo6

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Obasa Appointed to CPA African Executive Committee

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Obasa Appointed to CPA African Executive Committee

 

The Speaker of the Lagos State House of Assembly, Rt. Hon. (Dr.) Mudashiru Ajayi Obasa, has been appointed as a Sub-National Representative to the Commonwealth Parliamentary Association (CPA) African Executive Committee.

 

The announcement was formally conveyed through a letter from the CPA Africa Region, which was read on the floor of the Assembly by the Clerk, Mr. Olalekan Onafeko, on Tuesday, March 10. The appointment confirms Speaker Obasa’s three-year tenure, spanning 2026 to 2029.

 

Lawmakers took turns to congratulate Speaker Obasa, praising his devotion to parliamentary service and his consistent efforts to strengthen legislative practice. They described his appointment as a recognition of his hard work and a reflection of Lagos State’s growing influence within the Commonwealth. Members noted that his achievements continue to bring pride not only to Lagos but to Nigeria as a whole.

 

In his remarks, Speaker Obasa expressed gratitude to his colleagues for their support, urging them to remain steadfast in prioritizing the progress of the Assembly and to continue working collectively to advance the legislature. He further directed the Clerk to send a formal letter of appreciation to the CPA African Region for the honour bestowed upon him. “Let us always put the House of Assembly first and never relent in our efforts to move the legislature forward, ” Obasa concluded.

 

The CPA African Region plays a pivotal role in advancing the interests of African parliaments within the Commonwealth. It is widely recognized for promoting gender equality, women’s empowerment, respect for human rights, democracy, and good governance across member nations.

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TINUBU RENEWS TENURE OF THREE PERMANENT SECRETARIES

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Governing Through Hardship: How Tinubu’s Policies Targets the Poor. By George Omagbemi Sylvester | Published by SaharaWeeklyNG.com 

TINUBU RENEWS TENURE OF THREE PERMANENT SECRETARIES

 

President Bola Ahmed Tinubu has approved the renewal of tenure for three Permanent Secretaries in the Federal Civil Service, in line with existing public service regulations.

The approval was disclosed in a statement issued by the Office of the Head of the Civil Service of the Federation, indicating that the renewed appointments will take effect from April 27, 2026.

The affected officials include Kachallom Shangti Daju, Permanent Secretary in the Federal Ministry of Health and Social Welfare; Beatrice Jedy‑Agba, Solicitor-General of the Federation and Permanent Secretary in the Federal Ministry of Justice; and Mary Ada Ogbe, Permanent Secretary in the Federal Ministry of Regional Development.

According to the statement, the renewal represents a second and final four-year tenure for the officials, in accordance with the provisions of Public Service Rule 020909, which allows Permanent Secretaries an initial four-year term with the possibility of a second term based on satisfactory performance.

The Head of the Civil Service of the Federation, Didi Esther Walson‑Jack, congratulated the Permanent Secretaries on their reappointment and urged them to see the renewed mandate as a call to greater dedication and excellence in service delivery.

She further encouraged them to deploy their experience and professional expertise toward strengthening governance and advancing national development.

The statement was signed by Eno Olotu, Director of Press and Public Relations in the Office of the Head of the Civil Service of the Federation, and dated March 6, 2026.

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