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Estate Agent Vows To Cooperate With EFCC Over N1.35b Houses Traced To Fayose.

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Fayose DullOne of the estate agents who sold houses acquired by the Governor of Ekiti State, Ayo Fayose, has promised to cooperate with the Economic and Financial Crimes Commission over the seven houses traced to the controversial governor.

The seven houses, according to an exclusive report by The Eagle Online, were bought by Fayose in a space of six months.

They are all located within the highbrow Victoria Island area of Lagos State, with one of them said to be in the exclusive and highly expensive Banana Island.

The cost of the houses have been put at about N1.35 billion.

Available information on Wednesday had it that one of the estate agencies involved in the transaction, Still Earth, has vowed to cooperate with the EFCC, which is investigating Fayose over N4.7 billion he allegedly collected from the Office of the National Security Adviser under retired Colonel Sambo Dasuki through a former Minister of State for Defence, Senator Musiliu Obanikoro.

Already, Fayose’s N1.299 billion bank account with Zenith Bank Plc has been frozen by a court order obtained by the EFCC.

A top official of Still Earth Limited and Signachorr Nigeria Limited, which sold one of the properties to Fayose, said contrary to the alarm being raised, the Governor actually bought a property in Lagos through it at the cost of N550 million.

It was, however, gathered that Fayose only paid an initial deposit of N400 million for the property through his close ally, Abiodun Agbele, popularly known as Abbey, promising to pay the balance at a later date.

Agbele is at present in the custody of the EFCC.

However, rather than paying the balance of N150 million through the same person that made the deposit or by himself, it was paid through a company, Samchese Nigeria Limited.

Samchese Nigeria Limited, however, has been discovered to be a contractor to the Ekiti State Government, fuelling speculation that the N150 million paid by the company for the completion of the payment for the N550 million house was a kick-back due to the Governor.

The official of Still Earth Limited and Signachorr Nigeria Limited, who spoke on condition of anonymity, said the company will not hide anything from the EFCC since it was a genuine transaction and they did not know the money Fayose paid was from a kick-back or the Office of the NSA.

The official said: “I want to tell you that we are a reputable company and have nothing to hide.

“We engaged in genuine transaction with Mr. Fayose and all the documents are there.

“We will not hide anything from the EFCC or any government agency that may be interested in the matter because our hands are clean.

“Nobody is trying to implicate the Governor.

“He should own up now because we are not ready to play any dirty game with him.”

It was learnt that three officials of the company have been invited for questioning by the EFCC on Friday (tomorrow).

The EFCC had in a case instituted against it by Fayose at the Federal High Court in Ado Ekiti presented an affidavit in which it indicted the governor.

The affidavit sought to justify the freezing of Faye’s account with Zenith Bank Plc.

The affidavit said in part: “That apart from fraudulently retaining the sum of N1,219,490,000.00 being part of the N4,745,000,000.00 stolen from the treasury of the Federal Government through the office of the National Security Adviser, the Applicant (Fayose) has also received gratification in form of kick back from various contractors with the Ekiti State Government, such as Samchese Nigeria Ltd, Tender Branch Concept Nig. Ltd, Hoff Concept Ltd, Calibre Consulting Ltd.

“That the Applicant received these kick-backs and gratification through Still Earth Ltd and Signachorr Nigeria Ltd.

“That, in turn, the Applicant (Fayose) instructed the Still Earth Ltd and Signachoor Nigeria Ltd to use the funds to acquire properties for him.

“That in complying with the Applicant’s instruction, Still Earth Ltd and Signachoor Nigeria Ltd, acquired properties on behalf of the Applicant in the name of a company known as J.J. Technical Services Ltd belonging to the applicant and his wife. Attached and marked Exhibit EFCC 08 are copies of the deeds of assignment for the said properties.”

An elder statesman from Ekiti State, who spoke with newsmen on condition of anonymity, described Fayose as a tragedy that befell the State.

He said: “Fayose is the tragedy that happened when Ekiti people chose ‘rice’ over an educational colossus like (former Governor Kayode) Fayemi.

“What a disaster.
“I heartily sympathise with the people of Ekiti for having a miscreant like Fayose governing the state of many intellects.

“It is really sad.

“When I stumbled on Fayose’s newspaper advert about (President Muhammadu) Buhari, I couldn’t help but cry for the people of Ekiti for having him as their leader.”

The elder statesman said most of the companies and names Fayose has been indicting since the investigation into the funding of his governorship campaign commenced “are business owners who have worked tirelessly to build a brand for themselves, which should not be tarnished overnight by a failing and failed institution and entity”.

The elder statesman said Fayose had even before now acted unwisely to a higher authority in the person of Buhari and then sought to drag the President’s wife, Hajia Aisha Buhari, in the mud in order to cover his track.

Meanwhile, Agbele is said to have made statements indicting Fayose over several transactions, including the purchase of the seven houses and the movement of cash before, during and after the Ekiti State governorship election.

BIG STORY

Osun 2026: Aregbesola Vows To Unseat Adeleke, Says ADC Will Win Guber Election

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Rauf Aregbesola, the interim National Secretary of the African Democratic Congress (ADC), has said that his party will unseat Governor Ademola Adeleke in the upcoming 2026 Osun governorship election.

Aregbesola, who previously held the positions of Minister of Interior and Osun State Governor, made this statement on Sunday during a homecoming event held in Osogbo.

He emphasized that his main political objective at the moment is not the 2027 general election but securing victory for ADC in the 2026 Osun governorship election.

He suggested that the 2026 election might not feature the usual three-party race, as there are speculations that Governor Adeleke could defect to the All Progressives Congress (APC).

We are concerned about 2026 in Osun State. We have started the work for next year’s election now, Aregbesola said, encouraging party members to strengthen mobilisation at the grassroots level.

Leave them to their agitation. Our aim should be to take over Osun State before the vote on August 8, 2026. They already know they are on their way out.

Looking back on his break with the APC, a party he helped build, Aregbesola expressed regret that he was sidelined despite his efforts.

He stated, Those who know my value and worth gave me this new position, and now they are making noise. Their noise doesn’t concern me — they haven’t seen anything yet.

Aregbesola also spoke on the ongoing rumours surrounding Adeleke’s possible political defection: Before we started this journey, they said there would be three political parties in Osun State. It is obvious he is decamping now. We will meet in Abere — ADC will win the Osun governorship race in 2026.

Turning to national matters, Aregbesola criticised the current federal government, blaming it for worsening the economic situation in the country.

The government that makes Nigerians go hungry should not be in power again. Anyone who says Nigeria is better now is part of the problem. It’s clear that yesterday was better than today for us as a nation, he said. Since they assumed office, even the rain no longer falls as it used to. Things are not going well. We must be angry with any government that refuses to address our needs.

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BIG STORY

National Assembly Suspends Plenary Till July 22 To Honour Buhari

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Legislative proceedings in the national assembly have been put on hold to pay respect to Muhammadu Buhari, the former president of Nigeria.

Buhari passed away on Sunday at a London clinic after battling a long-term illness.

The clerk of the national assembly, Kamoru Ogunlana, shared this update through a statement released on Monday.

“I am directed by the president of the senate and the speaker of the house of representatives to inform all members of the national assembly and the general public that all legislative activities are hereby suspended immediately until Tuesday, 22 July, 2025,” the statement reads.

“All members of the national assembly are urged to reschedule their engagements to enable full participation in the burial activities of the late president.”

Leaders of both legislative chambers offered their sympathies to the government and citizens of Nigeria, the administration and residents of Katsina state, as well as the late president’s wives, children, and extended relatives.

“President Muhammadu Buhari will be remembered for his commitment to Nigeria’s unity and his integrity,” the statement notes.

“May Almighty Allah grant his soul eternal rest in Aljannatul Firdaus.”

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BIG STORY

BUHARI: Obasa Mourns, Tasks Nigerians To Celebrate His Life And Legacy

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Speaker of the Lagos State House of Assembly, Rt. Hon. (Dr) Mudashiru Obasa, has expressed his heartfelt condolences on the passing of former President Muhammadu Buhari, GCFR, describing it as a profound loss for both the Buhari family and the entire nation of Nigeria.

In a statement released by his Chief Press Secretary, Dave Agboola, Speaker Obasa reflected on President Buhari’s lifelong dedication and selfless service to the nation both as a military Head of State and as a two-term elected President of Nigeria.

“President Buhari served our nation with a commitment that will be remembered as a significant part of our history.
“His contributions to the development and unity of Nigeria have left an indelible mark on our country,” said Obasa.

As the nation mourns his passing, Speaker Obasa emphasised the importance of celebrating Buhari’s legacy. “While we grieve his loss, we must also honour his contributions and reflect on the values he championed throughout his time in Office,” he added.

The Speaker urged all Nigerians to take a moment to remember the life and work of President Buhari, as the country continues to strive for the ideals he represented. “Let us come together in this time of sorrow, united in our commitment to building the Nigeria he envisioned,” Obasa stated.

“Our thoughts and prayers are with his family and all who were touched by his leadership. May his soul rest in peace.”

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