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In A Single File: EFCC Questions Oyo Ex-Council Bosses

Published

8 years ago

September 26, 2017

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The Ibadan zonal office of the Economic and Financial Crimes Commission has started a probe into the activities of 33 former local government caretaker chairmen in Oyo State while in office.

The anti-graft agency is also probing the Ministry of Local Government and Chieftaincy Matters and the state government on allegations bordering on abuse of office and stealing.

It was learnt that the probe followed a petition written to the EFCC regarding the alleged diversion of over N363m.

The petitioner alleged that a few days before the 2015 presidential election, the chairmen in connivance with some state government officials shared the money.

It was further alleged that between March 23 and March 25, 2015, N11m was approved by the Local Government Stabilisation Account for each of the 33 local government areas of the state.

The money was said to have been withdrawn in cash by the various caretaker chairmen and allegedly handed over to the then chairman of the state branch of the Association of Local Governments of Nigeria.

A source at the EFCC said, “We have been able to establish a prima facie case against some Oyo State Government officials, including the 33 caretaker chairmen. We believe the funds were meant for the 2015 election.

“We will soon arrest those found culpable.”

One of the former caretaker council chairmen said that he was told that the money was meant to prevent Boko Haram’s possible attack during or after the election.

He confirmed that he had been invited by the EFCC to state what he knew about the money.

The ex-council boss said, “We were told that there was a security report that Boko Haram could strike in the state during or after the election and that each of the council areas should contribute N11m and hand it over to the ALGON chairman so that the anti-terrorist activity, for which the money was meant to be coordinated centrally.

“From the amount, N10m was actually deposited to the ALGON chairman, while N1m was in the hands of each council chairman for logistics in the councils. I heard that three councils could not raise the money, while some chairmen refused to deposit their own because they were afraid that it could be diverted for election purposes. I have been invited by the EFCC and I have stated what I know about the whole issue.”

Asked if the chairmen knew how the money was eventually spent, the ex-council boss said the impression he had was that it was spent for the purpose.

He said, “How would I know the way the money was spent when I was told that the anti-terrorist activity would be centrally coordinated?

Additional Info; Punch Newspaper

Related Topics:AJIMOBI EFCC oyo ex council boss

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Tunde Ednut Earns $5,000 Per Day! -Report

Published

2 months ago

September 22, 2025

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“Tunde Ednut earns $5,000 average per day, ISWIS made approx $200,000 from live events in one month” — Chude Jideonwo unveils creator economy data at Digital Creator Africa Summit

At the inaugural Digital Creator Africa Summit, media entrepreneur and #WithChude host Chude Jideonwo unveiled new data positioning the Nigerian creator economy as one of the most commercially powerful industries on the continent.

Highlighting explosive growth and overlooked business models, Jideonwo revealed that:

• Tunde Ednut, the former musician turned Instagram media mogul, is estimated to earn over $5,000 a day through his platform — with a business model based on affiliate promotion, Instagram advertising, and music amplification.

• The hit podcast “I Said What I Said” (ISWIS) reportedly made approximately $200,000 in gross revenue from live events alone in a single month, drawing thousands of fans across there US, the UK and Canada.

• “What these numbers show,” Jideonwo said, “is that creators are no longer just influencers — they are media companies, and increasingly, nation-builders.”

The summit, held in Lagos and attended by creators, investors, and media leaders, was designed to shift the conversation from virality to value — reframing content creation as infrastructure, not just entertainment.

As part of his address, Jideonwo announced his $500,000 personal commitment to the FourthMainland Creator Fund — a catalytic investment vehicle to back high-potential African creators with funding, IP support, and platform distribution.

“We’re building the Mavin Records of storytelling,” he said. “Not just with fame, but with financial tools, ownership, and a full studio system that lets creators scale across the continent and diaspora.”

The Creator Fund is part of the broader FourthMainland ecosystem, a creator commerce platform set to launch in 2026. The platform will offer monetization tools, subscription infrastructure, and joint-IP models built around African content — positioning it as the first at-scale infrastructure for the continent’s growing $100B creator economy.

Jideonwo, whose ventures include Joy, Inc., #WithChude, and YNaija, closed with a call to funders and policymakers:

“If music had Mavin Records and tech had CcHub, then creators now have their studio systems — their Mavins — and they’re building billion-dollar value chains without waiting for permission.”

The keynote, titled “Overtaking is Allowed,” argued that Africa’s most important civic and cultural shifts today are being led by independent creators, and that media-tech infrastructure for creators is now one of the biggest opportunities for economic growth across the continent.

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What Ibadan Socialite, Fijabi’s Leak Audio Has Done To Minister Adelabu’s Guber Ambition

Published

5 months ago

July 1, 2025

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A recent viral moment has unexpectedly stirred the political waters for Power Minister Adebayo Adelabu’s 2027 gubernatorial bid in Oyo State. Here’s how it unfolded—and the fallout that followed:

An audio featuring Ibadan socialite, Chief Akinade Fijabi and an unidentified young man surfaced online.

In the audio, Fijabi, an Ibadan high Chief and singer, Wasiu Ayinde’s closest ally bared his thoughts on political bearings in Oyo State and centred it round the Minister for Power, Adebayo Adelabu.

The audio quickly gained traction, sparking laughter and debate across social media platforms in Oyo and beyond.

The audio briefly overshadowed Adelabu’s image and critics seized the moment to question his ability, business sense and highlight potential vulnerabilities in managing grassroots affairs.

Even before the audio, Adelabu’s return to APC and flirtation with a 2027 run had unsettled internal party dynamics. The audio gave fuel to factions already uneasy about his rapid elevation and perceived attempt at imposition.

APC hardliners and youth groups, who’ve openly criticized the party’s handling of aspirants like Adelabu, echoed that the viral moment underscores deeper frustration about favoritism .

Adelabu’s allies are downplaying the audio, arguing that public interactions reflect openness and a grassroots presence and qualities essential for statewide appeal. They’ve also pointed to his achievements, including boosting national grid capacity, as evidence of credible leadership .

Fijabi in the audio also shed some lights based on what he termed ‘reliable information’ on Governor Makinde’s Presidential ambition, claiming it was a plot to collapse the PDP in Oyo State for President Tinubu with an agreement that the Governor would be granted the request to install a successor.

The clip audio shifted part of the conversation from Adelabu’s technocratic record to his public persona. Analysts say managing optics now matters more than ever for his brand.