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Ekiti State Governor, Ayodele Fayose, on Thursday visited the Zenith Bank in Ado Ekiti to withdraw money from his bank accounts earlier frozen by the Economic and Financial Crimes Commission.

His action followed the judgment of a Federal High Court sitting in Ado Ekiti on Tuesday which ordered the EFCC to immediately unfreeze the accounts after condemning the action of the anti-graft agency.

The commission had frozen Fayose’s account and some of his associates’ after allegedly tracing N4.7bn from the Office of the National Security Adviser to them and those of two sons of a former Minister of State for Defence, Musiliu Obanikoro.

Delivering judgment in the suit on Tuesday, Justice Taiwo Taiwo had said the EFCC’s action breached the governor’s fundamental rights to fair hearing, as the commission did not make him a party to the proceedings for the interim freezing of the account.

The governor made a sudden appearance at the bank on Thursday to make a withdrawal from his account around 1.20pm and went straight to the office of the branch manager, Mr. Mojeed Adekunle, where he presented a cheque.

“I am ready to wait in your office till you close for the day as I want my money in cash,” he said, looking straight into the manager’s eyes.

The manager quickly made some calls and later made arrangements to pay the governor.

While this was happening in the banking hall, the bank’s security guards locked the governor’s Chief Security Officer outside.

All entreaties to them failed as the security guards said there was an instruction to prevent people from going in.

Tension, however, built when the security men started allowing customers in but still insisted that the CSO must remain outside.

The CSO after waiting for sometime lost his cool and in turn prevented other customers from going into the bank if he would not be allowed to stay with his principal.

It took the intervention of the branch manager to allow the CSO into the banking hall.

After two hours of waiting, the governor came out of the bank with the N5m cash in two polythene bags and addressed journalists already waiting outside.

He said, “I came to the bank after serving them with the court order and I made up my mind that I won’t leave the bank until my money is given to me. And the bank has done the needful by giving me part of the money confirming that they have obeyed the court order.

“I want to thank Nigerians and my supporters for believing in our cause that Nigerians should not be oppressed. The rascality of the EFCC must stop. And I want to thank the EFCC for obeying the court order.”

Fayose explained that his two accounts contained N82m and N300m, respectively.

The governor ruled out the possibility of closing his two accounts with the bank since it had complied with the judgment.

“As a sitting governor, my immunity is absolute just like that of the President. They should tell the EFCC to shut up. There is no authority other than the authority of the constitution of this country which I enjoy.

“Rubbishing the office of the governor is as the same as rubbishing that of the President because after the President, governors are the next. It is their time now, another people’s time will come tomorrow. There is no place for dictatorship in Nigeria,” he fumed.

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Local Government Election Holds In Rivers Despite Police Absence [PHOTOS]

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The local government election in Rivers State is currently underway, notwithstanding the notable absence of police personnel to oversee the process.

Sources reveal that sensitive materials have been successfully distributed across various local government areas.

Governor Siminalayi Fubara remains resolute in his determination to conduct the election, despite escalating tensions within the state.

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JUST IN: Explosion Rocks Rivers APC Secretariat As Local Government Poll Holds

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An explosion occurred at the Tony Okocha-led secretariat of the All Progressives Congress (APC) in Rivers State, located along Aba Road, Port Harcourt, on Saturday, October 5, 2024, during the local government election.

The explosion damaged the gate and doors of the secretariat, along with other property. According to Tony Okocha, Chairman of the APC faction in Rivers State, “About 3:20am some gun-trotting young men with their explosives and all that, came here and dropped the first explosive,” but when it did not detonate, “they came back the second time to burn the structure – look at the security house is gone.”

Okocha alleged that the attack was politically motivated, accusing Governor Siminalayi Fubara of responsibility. He stated, “It was deliberate to see how they can annihilate us, it is deliberate to see how they can embarrass us, it is deliberate to see how they can decimate us.”

Despite the incident, accreditation and voting have commenced in several polling centres around Port Harcourt City.

More to come…

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Osun State Vs Segilola: Ministry Of Solid Minerals Development Probe Claims, Cautions Against Divestment

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The Ministry of Solid Minerals Development is probing the claims and counter-claims of Osun State Government and Thor Explorations Limited, owners of the Segilola Resources Operating Limited over taxation and operational matters.

The Minister of Solid Minerals Development, Dr. Dele Alake announced today that a fact-finding team has been set up to engage both parties towards resolving the dispute and restoring industrial harmony.

Led by Dr. Mary Ogbe, the Permanent Secretary, Ministry of Solid Minerals Development (MSMD), the committee will include representatives of the Federal Inland Revenue Service (FIRS), Ministry of Labour and Employment and the National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA).

The Minister observed that the Federal Government has been marketing opportunities for investments in the solid minerals sector across the world and cautioned that closure of mining operations by subnationals could abort efforts to attract Foreign Direct Investments (FDI) and provoke divestment.

“ Indiscriminate closures of mining operations by subnationals raises the risk of discouraging foreign direct investments and even worse, possible divestment by existing companies. Mining is on the exclusive legislative list. The Ministry of Solid Minerals should be consulted before such disruptive actions are taken.” Dr. Alake asserted.

The Minister reiterated the Federal Government’s interest in raising the tempo of productive activities nationwide to boost economic growth, increase employment and community development.

Dr. Alake stressed that any cessation of industrial production will undermine the goals of economic prosperity, deny workers the opportunity to earn income, and further contribute to adversity.

Alake called on both parties to co-operate with the fact-finding team and allow production to continue while the issues are resolved.

“ I hereby call on His Excellency, the Governor of Osun State, Sen. Ademola Adeleke and the management of Thor Exploration Limited to sue for peace and industrial harmony in the interest of the workers and their dependents who may be adversely affected by closure of operations at the factory.” he added.

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