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FAAN MD, RABIU YADUDU CAUGHT IN FESTERING CORRUPTION ALLEGATIONS

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The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Captain Rabiu Yadudu, is currently at the centre of swinging controversy of an alleged over bloated staff and mismanagement of funds.

Yadudu, who was appointed in May, 2019 by President Muhammadu Buhari is being accused of nepotism, abuse of office and sundry fraudulent dealings involving millions of naira.

Findings revealed that no sooner he resumed office, he engaged in massive recruitment of cronies, including relatives and friends, who are used as conduit pipes for shady deals and transactions on behalf of the organisation.

For instance, Captain Yadudu, who took over from Saleh Dunoma has a staff strength of 32 staffers attached to him in his official capacity as MD. His personal staff consist of two staff on grade level 16, three on level 14, three on level 13, four on level 12, four on level 10, three on 9, three drivers, among retinue of five security officers, and others.

In a document sighted by the Street Journal, these staff periodically shared various sums of money, between N300,000 and N10,000, depending on the grade level, monies suspected to be shares from their numerous deals.

In another instance, Aura Nehimiah Ayuba, Ag. MD (COS to MD/CEO), got N500,000, while one Alphonse Monica Richard, DGM (SA to MD/CEO) also on grade level 16, received N500,000.

Others who got from the largesse, include Peter Ubong Ishmeal, Chief Conf. Sec. (MD), N500,000; Muhammed Bashir Jamilu Abass, CSO (MD/CEO), N100,000; Mukhtar Lamir Hassan, ACB/WHCO, N100,000; among others. The total money shared was N3,720,000.

Also in another detailed document, the same set of staff shared among themselves, N5, 300, 000, under the guise of allowances.

In a detailed narrative, the FAAN boss was accused of

1. approving the cost of constructing a one-bedroom quadrupulets in Kaduna airport at N35m

2. installation of DSTV in the MD’s official residence at N4.8m

3. approving the supply of explosive detector machines at N117m

4. installation of damaged CCTV in his official residence at the cost of N1.7m, among many other weighty allegations.

In another document sighted by this magazine, dated 02/08/2019, a company by name, Poppy Solutions Limited supplied Apros JAC Bus Tyres for all the airports at a cost of N48,720,000.00.

In the same period another company, Particulars Engineering Services Ltd, supplied tractors and Slashes for NMIA, Lagos, with N49,877,520.

A company, Extotolar Ventures Ltd, also supplied air conditioners for mechanical and civil building departments HQ at the cost of N2,258,077.

Also, Vesta Multilink Projects & Construction Ltd supplied and installed 300KVA (11/0.415) KV transformer and other associated power equipment for the creation of new 11kv power substation to serve both the fire and water stations with the sum of N59,267,003.55.

These sums are far higher than what is obtainable in the open market.

Yadudu, who before his appointment was the immediate past Director of Airport Operations of the FAAN, his appointment came as a surprise to many people in the sector who believed he was part of the system that needed sanitisation.

SMS messages and calls to the

Corporate Affairs Manager for FAAN, Herietta Yakubu, did not respond to text messages and calls to her mobile line requesting for their side to the allegations at the time of filing this report.

 

 

Source- Streetjournal

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Ajimobi’s Eldest Child, Bisola Dies In The UK

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Late Governor Ajimobi’s first child, Bisola is dead!

 

News filtered in early Thursday, March 27, 2025 that Bisola,42 died after a brief illness in the United Kingdom.

 

The late woman before her death was the special adviser to the Minister of Budget and Planning, Atiku Bagudu.

 

Married to Kolapo Kola-Daisi, their marriage is blessed with three children.

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EFCC Arrests Top Businesswoman, Aisha Achimugu

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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

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Obasa Missing as Lagos Assembly Sits, Lauds President Tinubu

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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.

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