Author: Temidayo Akinsuyi

Shareholders of First Bank, Nigeria’s oldest financial institution have continued to kick over ongoing plans by the chairman, Femi Otedola, to launch a N350 billion private placement following the conclusion of the rights offer. The Scrutiny gathered that some shareholders of the bank believe that while the private placement targets specific investors through an offer of security or shares, it is a ploy by Otedola and his cronies to consolidate their grips on the bank. The development is coming after the parent company of the bank, First HoldCo PLC, just concluded raising N150 billion through a rights issue as part of…

Men of  the Department of State Security (DSS) and Nigeria Police, in the early hours on Monday, stormed the premises the Lagos State House of Assembly, sealing up the offices of the Speaker, Mojisola Meranda, her deputy and clerk of the house. The speaker, Mojisola Meranda who arrived the premises at 11:15 am was allegedly denied entry to her office. One of the lawmakers informed our correspondent that the security operatives were acting on the orders of President Bola Tinubu. Recall that the embattled, former Speaker of the House, Mudashiru Obasa, has sued the state lawmakers challenging his removal as…

Veteran journalist and former presidential aspirant, Dele Momodu says the ordeals of former Kaduna state governor, Mallam Nasir El-Rufai, in the hands of the ruling All Progressives Congress (APC), a party he vigorously campaigned for and helped to win the last presidential election is unfortunate. El-Rufai, who has been very critical of the Bola Tinubu administration and had last week alleged that there are attempts to arrest him due to the criticism of the government clocked 65 years today. In a congratulatory post posted on his social media handles, Momodu, the publisher of Ovation magazine and chieftain of the Peoples…

Chairman of the Governance Advisory Council (GAC) in Lagos State, Prince Tajudeen Olusi says the body was set up to ensure the smooth running of governance in the state. Speaking with TheScrutiny, he said contrary to reports in the public, the GAC, which is the highest decision making organ of the All Progressives Congress (APC) in Lagos does not dictate to Governor Babajide Sanwo-Olu or the members of the Lagos State House of Assembly on how to manage the affairs of the state. His words “You must get things clear. The Governance Advisory Council (GAC) is strictly about governance. We…

DR. YUNUSA TANKO is the National Coordinator of the Obidient Movement Worldwide. In this interview with TEMIDAYO AKINSUYI, he speaks on allegation by Chief Bisi Akande, a former national chairman of the ruling All Progressives Congress (APC), linking the movement to the #EndSARS protest of 2020, possible coalition or merger ahead of the 2027 general elections and other issues. Excerpts: What was your reaction when you heard the interview granted by former governor of Osun state, Chief Bisi Akande accusing the Obidient Movement of instigating the #EndSARS protest to stop Asiwaju Bola Tinubu from becoming president? It is…

Prince Kassim Afegbua, a former Commissioner for Information in Edo state on Tuesday said immediate past governor of Edo state, Godwin Obaseki has abandoned Asue Ighodalo, candidate of the Peoples Democratic Party (PDP) to his fate at the ongoing Edo State Governorship Election Petition Tribunal. Asue and his party, the PDP are challenging the Independent National Electoral Commission’ (INEC)’s declaration of Okpebholo as governor. In the September 21 governorship election. According to INEC, Okpebholo secured a total of 291, 667 votes to emerged winner, while Ighodalo came second with a total of 247, 655 votes. But, the petitioners disagreed with…

A former Commissioner for Information in Edo state, Prince Kassim Afegbua has warned that danger lies ahead if some powerbrokers attempt to foist a president of northern extraction on Nigerians in 2027. The chieftain of the ruling All Progressives Congress (APC) in an article titled ‘2027: The North And The Rest Of Us’ said after former President Muhammadu Buhari, a northerner from Katsina state has completed his eight-year term from 2015 to 2023, the wisest thing to do is to allow a Southerner rule from 2023 till 2031. Going down memory lane, Afegbua also argued that the North cannot produce…

Daniel Bwala, Special Adviser on Public Communications and Media to President Bola Tinubu on Tuesday has justified the purchase of a new private jet for the president, saying he needs a better jet in order to market Nigeria around the world. The Airbus A330 was purchased for President Tinubu in August 2024 at a cost of $100m. Speaking as guest on Arise TV’s The Morning Show in Lagos, Bwala said the presidency was trying to avoid what happened during the tenure of former president Muhammadu Buhari where his jet occasionally had problems. “As for the purchase of the presidential jet,…

The Supreme Court has dismissed Governor Siminalayi Fubara’s appeal challenging the leadership of the Rivers State House of Assembly, led by Martin Amaewhule. A five-judge panel, chaired by Justice Uwani Abba-Aji, upheld Amaewhule’s position. The court also ordered Fubara to pay two million naira in costs to the Assembly and Amaewhule. Fubara’s appeal was withdrawn by his counsel, Yusuf Ali, prompting the court’s decision. The Rivers Assembly has been in crisis since 2023 when over 25 lawmakers defected from the PDP to the APC. Amaewhule’s faction assumed control, while Fubara’s supporters, led by Victor Oko-Jumbo, challenged his leadership. Fubara has…

DR. DOYIN ODEBOWALE, a legal practitioner, served as Senior Special Assistant on Special Duties and Strategy to the late Ondo State Governor, Rotimi Akeredolu. In this interview with TEMIDAYO AKINSUYI, he speaks on the resolution by the Oyo State House of Assembly to charge him to court over alleged defamatory remarks he made against the Soun of Ogbomoso. He also bares his mind on developments in Ondo state. Excerpts: Were you surprised when you read in the news that the Oyo State House of Assembly is asking the state government to take legal actions against you for allegedly making defamatory…