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‘Governor Fayose is funding IPOB’ – APC
On the day the federal government accused disgruntled politicians of sponsoring the separatist group, IPOB, the All Progressives Congress, APC, in Ekiti State has accused the state governor, Ayodele Fayose, of funding the group and its leader, Nnamdi Kanu.
The party accused Mr. Fayose, a vocal critic of the Muhammadu Buhari federal administration, of plotting to destabilise Nigeria.
The party also said that the governor’s counsel in a press release on Saturday urging dialogue to resolve the Biafran crisis was an afterthought.
The Publicity Secretary of the party in the state, Taiwo Olatunbosun, said in a statement on Sunday that the Nigerian Army was performing its constitutional role of preserving the unity of Nigeria and bringing all secessionists and their backers to justice.
Mr. Fayose had urged the federal government to embrace dialogue in the resolution of the Biafran agitation after the Nigerian military declared IPOB a terrorist organisation.
He had earlier accused the government and the military of ethnic cleansing in their handling of the Biafran agitation.
Mr. Olatunbosun said the governor’s actions and utterances had shown that he was “solidly behind any activity that will bring Nigeria down.”
“On April 26 and as published by The Nigerian Tribune Newspaper and its online publication on April 27, 2017, Fayose said he was working in conjunction with Deputy Senate President, Ike Ekweremadu, to raise funds for Kanu, stressing that he was taking his support for Kanu beyond showing solidarity in court by raising funds that would be deposited in an account opened in Kanu’s name,” Mr. Olatunbosun alleged.
He quoted the governor as saying that, “as many lawyers willing to fight the oppression should join the struggle for liberation from the oppression,” alleging that Mr. Fayose was not new to seditious and treasonable activities to bring Nigeria down.
“He led a campaign to the Chinese Embassy in Abuja and later to Shanghai, the Chinese capital, to urge the Chinese government not to lend hands in helping Nigeria out of recession,” continued Mr. Olatunbosun.
“Relentlessly, he led hate campaigns against the symbol of the Nigerian authority, President Muhammadu Buhari, wishing him dead, including hounding and haunting the President across the world, including on his sick bed, and threatening to expose the President on a life-support machine, all these in spite of swearing to uphold the Constitution of the Federal Republic of Nigeria and to be loyal to the Nigerian state and her President.
“He went further as reported in the media on May 25, 2017 that ‘Ekiti State is now part of Biafra’, which drew the ire of several Yoruba groups as reported in the media.
“Not done, while Nigerians and indeed the country’s leaders were celebrating Nigeria’s exit from recession, Fayose was the only governor across the country who dismissed the celebration as a ruse, maintaining that Nigeria was still in a deep economic mess even though in his state, he is the biggest stumbling block to the survival of Ekiti people by diverting all loans he took to pay workers salary to needless projects contracts awarded to his friends’ companies in which he allegedly has interest.”
Mr. Olatunbosun further alleged that Mr. Fayose demonstrated the seriousness of his support for the collapse of Nigeria when he released his telephone number 070300000393 and email: [email protected] as reported in the media on April 27, 2017, urging all that were interested in the Biafra cause to contact him through the phone number and email address.
“All the South-east governors, including the Deputy Senate President Ike Ekweremadu, have opposed Kanu in his secessionist activities while Governor Nyesom Wike of Rivers State has warned Kanu and IPOB to stay away from Rivers; but Fayose declared Ekiti State as part of Biafra and that has confirmed the report that he is part of Biafra’s financiers as he had publicly declared to the media,” said Mr. Olatunbosun.
“No wonder, just four months after Fayose started mobilising funds for Biafra, thousands of deadly weapons, including military assault rifles, were smuggled into the country but were intercepted by the Nigerian Customs while it was also discovered that uniformed Biafran militants already have military training camps where they are planning deadly assaults against Nigeria after threatening her leaders.
“We had earlier alerted the security agencies to the presence of armed gangs and stockpiling of arms in the Ekiti State Government House and his present activities in raising funds for Kanu only confirm that he is part of rebellion against the Nigerian state.
“We have always insisted that Fayose is a threat to the Nigeria’s unity and the economic survival of her people.”
The APC spokesman urged security agencies and Interpol to investigate Mr. Fayose in his support for funding IPOB with “the latest influx of military assault rifles into the country.”
“His support for Kanu in funds mobilisation for his treasonable act and the activities of Fayose’s media men in promoting the Biafran cause only point to one agenda to destabilise Nigeria and that has proved us right that Fayose has no agenda than the destabilisation of Nigeria to enable him escape all illegal and criminal activities linked to him in recent past,” he added.
But Mr. Fayose has described the allegation as baseless, saying his support for the group did not translate into funding of the IPOB.
His Chief Press Secretary, Idowu Adelusi, who spoke on his behalf, told PREMIUM TIMES on Sunday that the APC allegation was an attempt to “cover up the federal government’s torture and killing of the Igbo people.”
He said the governor had the right to express his support for any group, including the IPOB, arguing that the travails of the Igbo people should be the concern of all Nigerians.
“The attack by the military on the IPOB should be a concern for all Nigerians,” he said. “The people are expressing their fundamental rights. Their demands are legitimate.”
He denied raising funds for the group, saying that it was the ploy of the APC and the government at the centre to defend their wrongdoings and silence any opposition.
“The agitation of the IPOB is as a result of bad governance by the present administration,” Mr. Adelusi said.
“If there was good governance, there would not have been any need for the agitations; there would not have been calls for restructuring by the Niger Delta agitators, Afenifere and other groups.”
Mr. Adelusi further reasoned that the proclamation of IPOB as terrorist organisation was uncalled for, given that far more dangerous groups like the Fulani herdsmen, who had been accused of killing, maiming and raping, had been treated lightly.
Landmark Judgment: Federal High Court Dismisses ₦50bn Oil Spill Claim Against ExxonMobil
The Federal High Court sitting in Uyo has dismissed a ₦50 billion lawsuit filed against ExxonMobil, sued as Mobil Producing Nigeria Unlimited, now Seplat Energy Producing, in a ruling analysts say could significantly reshape oil spill litigation and compensation claims in Nigeria’s petroleum sector.
Delivering judgment on April 29, 2026, Justice Onyetenu held that the suit instituted by the Ejige Ore Njenyisi Muma & Fishing Co-operative Society Ltd was incompetent and liable to dismissal for lack of jurisdiction.
The plaintiffs had sought ₦50 billion in damages over an alleged hydrocarbon spill said to have occurred on September 12, 2021.
However, counsel to the defendant, Chinonso Ekuma of KENNA LP, successfully argued that the claimants failed to disclose any legally recognisable violation attributable to the oil firm.
In its findings, the court held that the plaintiffs failed to establish any actionable wrongdoing against the defendant.
A key element in the court’s decision was the Joint Investigation Visit (JIV) Report tendered by the plaintiffs themselves, which showed that the alleged spill incident was confined within ExxonMobil’s operational facility and did not impact the members of the cooperative society or their sources of livelihood.
The court further ruled that claims arising from such incidents must be pursued strictly under the statutory compensation framework provided in Section 11(5) of the Oil Pipelines Act, rather than through common-law claims founded on negligence or nuisance.
Justice Onyetenu held that the plaintiffs’ attempt to circumvent the statutory regime by framing the suit as a tort action rendered the matter incompetent before the court, thereby depriving it of jurisdiction.
Legal analysts say the judgment reinforces the supremacy of the Oil Pipelines Act in determining compensation procedures relating to oil pipeline incidents and environmental claims in Nigeria.
The ruling is also seen as strengthening the evidential weight of Joint Investigation Visit Reports, particularly in cases where such reports indicate no direct impact on claimants or host communities.
Industry observers believe the judgment will have far-reaching implications for future oil spill litigation, especially regarding the procedural requirements for compensation claims against oil operators.
The court’s decision further provides clarity for operators within Nigeria’s energy sector by reaffirming that compliance with Section 11(5) of the Oil Pipelines Act is mandatory and cannot be sidestepped through alternative legal formulations.
While K.O. Uzuokwu appeared for the plaintiffs, the defence was led by Chinonso Ekuma of KENNA LP on behalf of ExxonMobil.
Union Bank Honoured by ASBON at Nigeria National SME Business Awards
Lagos, Nigeria – Union Bank of Nigeria has reaffirmed its reputation as a strong supporter of Nigerian businesses, receiving the Best SME Growth Banking Initiatives Award for 2025 from the Association of Small Business Owners of Nigeria (ASBON) at the Nigeria National SME Business Awards, held recently in Lagos.
The award was presented to the Bank in recognition of its strategic leadership in advancing the growth and resilience of small and medium-sized enterprises, through a differentiated suite of solutions designed to enable business expansion and long-term value creation.
Receiving the award on behalf of the Bank, Ayokunnumi Abraham, Head of SME Segment at Union Bank, described the recognition as a strong endorsement of the Bank’s commitment to supporting small and medium-sized businesses. He said:
“We are honoured to receive this recognition, which reflects Union Bank’s continued commitment to helping SMEs grow by making banking simpler, faster, and more accessible. Through enhancements to our specialised platforms such as Union360, we have meaningfully reduced the time it takes for businesses to come on board and begin transacting. These improvements have shortened onboarding, increased digital adoption among our SME customers, and supported the acquisition of new business clients. Our focus remains on delivering practical solutions that help Nigerian businesses thrive.”
Organised by ASBON in partnership with the Lagos State Government through the Ministry of Commerce, Cooperatives, Trade and Investment, the event convened stakeholders from the public and private sectors to recognise individuals and organisations driving meaningful impact across Nigeria’s SME ecosystem.
Union Bank remains focused on deepening its support for SMEs through customer-led solutions and processes that strengthen business growth across the ecosystem.
Bank
Atlantian Crown Bank Rebrands as Arizona Global Bank LLC, Begins Licensing for Global Expansion
*Atlantian Crown Bank Rebrands as Arizona Global Bank LLC, Begins Licensing for Global Expansion*
_By AGP News
*UNITED KINGDOM OF ATLANTIS* — In a move signaling a push into international markets, the Royal Throne of the United Kingdom of Atlantis on Sunday announced the corporate transformation of Atlantian Crown Bank LLC into *Arizona Global Bank LLC*, as part of a wider restructuring to position the institution for global banking and financial innovation.
The announcement was made at a press conference in the UKA capital by *HRM Queen Amb. Cletus C. Leaticia*, Chief Executive Officer of the newly named bank. She told reporters the rebranding marks _“more than a name change”_ and reflects a strategic pivot toward digital finance, cross-border investment, and modern banking standards.
_“This transformation represents our commitment to innovation-driven banking and our vision to become a globally competitive financial institution,”_ Queen Leaticia said.
*Licensing Process Underway*
According to the Department of Financial Administration and Corporate Affairs, which issued the official communication, Arizona Global Bank LLC has formally begun the process of applying for a *Banking Operational Licence* under UKA’s financial regulatory framework.
Once licensed, the bank plans to operate as a modern financial enterprise focused on four pillars:
1. Innovation-driven banking and digital financial solutions
2. Corporate financing and structured investment services
3. International financial partnerships and cross-border trade facilitation
4. Financial inclusion initiatives
Bank officials stressed that the institution will _“maintain strict compliance with all banking regulations and supervisory standards”_ set by UKA financial authorities.
*Strategic Shift Amid Global Ambitions*
Management described the rebranding as part of a broader restructuring initiative to _“strengthen the bank’s international identity, expand its global financial footprint, and align operations with contemporary banking standards.”_
Representatives called the licensing and rebranding process a _“major milestone”_ aimed at supporting economic growth, international trade, and cross-border investment initiatives.
*No Disruption to Existing Commitments*
Addressing potential concerns from clients and partners, management reassured stakeholders that _“all existing institutional commitments, operational objectives, and long-term strategic plans remain fully intact throughout the transition process.”_
The Royal Throne indicated that further updates on the licence approval, commencement of operations, corporate partnerships, and investment programmes will be released through official UKA and Arizona Global Bank LLC channels.
_The Department of Financial Administration and Corporate Affairs, Royal Throne of United Kingdom of Atlantis, issued the official statement._
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