News
Ahead 2019 Guber: Ajimobi Jilts ‘anointed candidate’ Bayo Adelabu (shops for new successor)
The whirlwind romance between the Oyo State Governor, Abiola Ajimobi and a Deputy Governor of the Central Bank of Nigeria, Bayo Adelabu seems to have hit the rocks judging from recent happenstances in the political circle of the state.
The CBN topshot was regarded by all as the ‘incoming Governor’ based on his background (he is a grandchild of Adegoke Adelabu ‘penkelemes’), his status, wealth and connection between the political masters in and outside of his state which has now become the factor working against him.
Pundits in Oyo State had earlier come up with calculations of Adelabu’s root as an Ibadan man and his closeness with the Governor, Abiola Ajimobi which had unsettled the other camps who formed an alliance with a mission to break the influence and whatever support Ajimobi must have promised the banker.
Those in the know revealed to papermacheonline that the understanding between the Governor and the banker who were both proteges of the late Aare Musulumi, Arisekola Alao has damaged beyond repairs.
They put their differences on what they termed Adelabu’s over-ambition.
Papermache gathered that the banker while on a move to cement his political structure and protect against unforeseen circumstances had secretly visited APC stalwart, Asiwaju Bola Tinubu to seek his support in getting the party’s ticket.
The move was said to have been vital as many of his supporters warned him that Governor Ajimobi may change his mind and give the ticket to another candidate at the last minute, a decision that could endanger Adelabu’s ambition. He agreed and sought Tinubu’s support, a move that didn’t please Governor Ajimobi who alleged the banker of ‘over-ambition’ and queried his loyalty.
Adelabu’s other undoing that finally severed his affair with Ajimobi was identifying with a group called the ‘Lamites’ who consists of the supporters of the late Governor of Oyo State, Alhaji Lam Adesina.
The guber hopeful was allegedly plotting to take over the ‘Lamites’ structure to actualise his ambition.
A source hinted that the Governor has decided to shop for a successor among his trusted aides and puncture the balloon of Adelabu’s hopes of governing the state come 2019.
Another challenge for Adelabu is his popularity, many believed that the banker is only popular among the elites in Ibadan and not in the whole of Oyo State.
His businesses are hugely centralized in Ibadan, a point many are using to gauge his readiness in contesting for the number one citizen post in the state.
The CBN Deputy Governor recently opened a 3-star hotel under the management of Best Western and also a choice residential apartments in a highbrow area of Ibadan.
The Economic and Financial Crimes Commission (EFCC) recently arrested prominent businesswoman and socialite, Aisha Achimugu, following allegations of fraudulent activities related to a multi-million-naira contract awarded to her company by a South-West state.
Achimugu, who serves as the Chairman of Bluewave Exploration and Production Limited, was detained last weekend after a civil society group filed a petition accusing her of involvement in dubious dealings concerning the contract. She was granted bail the following day but has been instructed to return for further questioning in the coming week.
Beyond her corporate endeavors, Achimugu is well-known in elite circles across Lagos and Abuja. Her social media presence showcases a lavish lifestyle, featuring exotic vacations, exclusive yacht parties, and private jet travels.
This arrest marks a significant challenge for Achimugu, whose business empire and social standing are now under intense public scrutiny. The EFCC’s investigation is ongoing, and the outcome may have far-reaching implications for her career and reputation.
A source hinted that Achimugu was asked by the commission to report back on the 30th of March,2025 for further questioning.
Not really bothered by the investigation, the billionaire days after her arrest launched a 30-day feeding Ramadan programme where she targets the less-privileged.
Additional Information- Streetjournal Magazine
The Lagos State House of Assembly convened for a crucial legislative session yesterday, but an unexpected absence stole the spotlight, the ousted Speaker Mudashiru Obasa was nowhere to be seen. The sitting, which focused on key legislative matters and a commendation of President Bola Ahmed Tinubu’s leadership, went on without Obasa, raising eyebrows among lawmakers and political observers alike.
New Speaker Mojisola Meranda presided over the proceedings, ensuring the session ran smoothly. During deliberations, the lawmakers took turns applauding President Tinubu for his strides in governance, particularly his economic and infrastructural policies aimed at revitalizing Lagos and Nigeria as a whole. However, whispers about Obasa’s absence could not be ignored.
Sources within the Assembly remained tight-lipped on the reason for his nonappearance, fueling speculation.
As lawmakers dispersed after the session, the big question lingered where was Obasa? For now, the mystery remains, but all eyes will be on the next sitting to see if the seasoned politician resurfaces.
Prince Akeem Owoade is a Nigerian and Canadian entrepreneur, philanthropist, and president of 100279 Manitoba Limited, a real estate investment and financial services business in Manitoba, Canada.
Born 47 years ago to a prominent and royal family of Owoade-Agunloye in Oyo town, Prince Akeem Owoade is one of the surviving children of Pa Rasaki Ibiyosi Owoade, the descendant of Aremo Aderounmu Iyanda Owoade, Agure Compound, Oyo town in Oyo State, Nigeria.
aking an early interest in engineering, Prince AkeemOwoade began his engineering studies by completing his National Diploma and Higher National Diploma in Mechanical Engineering from ‘The Federal Polytechnic, Ilaro, Ogun State (1994 to 1997) and The Polytechnic, Ibadan (1999 to 2001), Oyo State. Nigeria respectively. He did his NYSC with Nigeria Gas Company as Mechanical Intern/Planner in 2002.After the completion of his NYSC, he worked with Oceanic Bank International Plc. in Warri as a teller. (2003 to 2004).
Prince Akeem Owoade decided to further his education in the United Kingdom where he attended University of Sunderland (2008) and Northumbria University (2012)
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