Osun APC in disarray as Oyetola, Aregbesola battle for supremacy – Newstrends
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Osun APC in disarray as Oyetola, Aregbesola battle for supremacy

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The supremacy battle between the Governor of Osun State, Adegboyega Oyetola, and his predecessor, Rauf Aregbesola, minister of interior, over the control of the structure of the state chapter of the All Progressives Congress has assumed a dangerous dimension.

The party has split into two and both camps are flexing political muscles to gain popularity.

The Aregbesola camp is known as The Osun Progressives (TOP) while Oyetola’s camp is known as Ileri Oluwa. During his campaign in 2018, Oyetola used Ileri Oluwa as his identity. It has since become a movement.

Some members of the party loyal to Aregbesola said only members of the Ileri Oluwa movement got political appointments in Oyetola’s administration, while they were sidelined because of their relationship with the former governor. They alleged that any member who wants to benefit from Oyetola’s government must not be seen to support Aregbesola.

Being fully aware of the treatment meted to his followers, the minister was able to get political appointments for some of them at the federal level. At a point, those loyal to him were tagged ‘Abuja people’ while those loyal to Oyetola were seen as Osun-based.’ That was how the division started among the party members.

Political observers in the state said the rift between the two politicians could be dated back to the 2018 governorship election as Oyetola was not Aregbesola’s preferred candidate to take over from him despite the fact that he served as his chief of staff for eight years and they had a good relationship. Oyetola was, however, allegedly imposed on the party by a former governor of Lagos State, Asiwaju Bola Tinubu; and Aregbesola accepted because he could not say no to his directive. As a result of this, it was believed that the minister did not work hard for Oyetola’s victory during the election.

Also, it was said that Oyetola did not support the nomination of Aregbesola for the ministerial appointment, upturned some his policies and made efforts to curtail his dominance on the party. At that point, the crisis was becoming serious, but both sides pretended as if there was no problem.

The former acting national chairman of the party, Chief Bisi Akande, made efforts to reconcile the two political gladiators severally, to no avail. Eventually, the chairman of the party in the state, Prince Adegboyega Famodun and some executive members of the party became loyal to Oyetola, while the secretary, Alhaji Rasaq Salinsile and others pitched tent with Aregbesola.

The bubble eventually burst during the recent ward congresses of the party. While those loyal to the governor said they preferred a consensus arrangement, those in the minister’s camp insisted that there must be an election to determine their representatives at that level.

Consequently, those in Aregbesola’s camp alleged that the governor and the chairman of the party wanted to impose the consensus arrangement on them, saying it was designed to edge out the minister from the control of the party in the state.

To register their displeasure, some women and youths in the party staged a peaceful protest in major streets of Osogbo, the state capital, lamenting that the consensus arrangement would disenfranchise them. The protesters, led by Rasheed Raji, said the chairman of the electoral panel on the congress, Senator Gbenga Elegbeleye, connived with Governor Oyetola and Famodun to compromise the process in their favour.

But Elegbeleye, during a meeting with APC stakeholders at the Government House, debunked the allegation, saying he arrived Osogbo late due to a delay in flight from Abuja, as against the rumour that he refused to allow those in Aregbesola’s camp to obtain forms for the ward congress. He promised that the committee would do everything possible to champion transparency, accountability and fairness.

During that meeting, leaders of the party and political officeholders present supported consensus arrangement. Those who attended the meeting included Governor Oyetola, three former deputy governors, Senator Iyiola Omisore, Prince Sooko Adewoyin and Mrs Titi Laoye-Ponle, the senator representing Osun Central, Dr Basiru Ajibola; Speaker of the State House of Assembly, Timothy Owoeye and the state chairman of the party, Prince Famodun

Speaking during the meeting, Governor Oyetola said consensus was adopted to prevent rancour and appealed to members of the party in the state to conduct themselves peacefully during the process.

“Congress is a way of electing new officers of the party and it shouldn’t generate any crisis. The national leadership of the party asked us to adopt consensus to avoid rancour. The presence of all the stakeholders in this meeting shows that the party is formidable,” the governor said.

The chairman of the party also said, “As recommended by the national secretariat, we have adopted consensus in Osun for the purpose of the smooth running of the party. Things have been properly done. Our homework has been done properly. Our fathers and leaders have scrutinised the 332 wards we have in Osun. We have concluded the exercise.”

Senator Ajibola Basiru also affirmed his support for consensus but suggested that elections should be conducted in the wards where there were contenders so that everyone would be given equal opportunity.

On the day of the congress, names of consensus candidates were read and ratified across the state, but those in Aregbesola’s camp insisted on election, not consensus. As a way of seeking redress, the aggrieved members forwarded their petition to the Ambassador Obed Wadzain-led appeal committee, which was set up by the national body of the party.

During the sitting of the appeal committee at the party’s secretariat in Osogbo to meet the petitioners, there was pandemonium as thugs stormed the venue. Some people were injured during the attack. Both the Aregbesola and Oyetola camps accused each other of hiring the thugs to disrupt the process.

Worried over the development, Comrade Sunday Oriowo, who spoke on behalf of the Coalition of Osun Progressives Groups, an umbrella body of 15 groups in the state, urged the appeal committee to treat all petitions before it on merit.

Also, in a statement by his chief press secretary, Ismail Omipidan, the governor urged party members to allow peace to reign. He condemned what he called “unruly behaviour” by some aggrieved members of the party, saying no sane society would condone any act of lawlessness. He noted that the people of Osun were known for peace, and urged members of the party to avoid acts that could tarnish the image of the state. He further noted that political intolerance was injurious to the unity and collective peace of the state. While appealing for calm, the governor also said the government would not tolerate any act of criminality or violence in any part of the state under the guise of politics.

“I appeal to party members, especially those who have already filed petitions before the appeal committee over the conduct of the last ward congress to sheathe their swords and toe the line of peace and the law.

“Since the matter is already before the appeal committee, they should allow the process to run its full course. We are known for peace as a people. We should do all in our power to sustain that recognition in our collective interest,” the governor stated.

On their part, Aregbesola’s supporters said their lives were in danger as there were plans to assassinate their leaders. The chairman of the TOP, Reverend Lowo Adebiyi, said relevant security agencies had been informed about the assassination plot.

The secretary of the party also alleged that one of the leaders of the TOP, Mr Biyi Odunlade, a commissioner for youth and sport during Aregbesola’s tenure, escaped death by whiskers when gunmen attacked his house days after the ward congress.

Reacting to the claim of an assassination plot, the party’s director of publicity in the state, Mr Kunle Oyatomi, said Governor Oyetola and the chairman of the party were not known to be killers, and the APC is not a party of killers. He said those alleging threats to their lives should provide evidence. He also said the internal crisis in the party was not in anyone’s interest and appealed to all members to operate as one family.

-Saturday Trust

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Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

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Adebayo Ogunlesi

Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

Forbes has unveiled its 2024 ForbesBLK 50 list, celebrating the achievements of the wealthiest and most influential Black Americans.

Among the honorees are three Nigerians—Adebayo Ogunlesi, Tope Awotona, and Wemimo Abbey—whose groundbreaking contributions and entrepreneurial successes have earned them places on this prestigious list.

The ForbesBLK 50 is a reimagining of Forbes’ 2009 Wealthiest Black Americans list, which then featured figures like Oprah Winfrey, Michael Jordan, and Magic Johnson.

While net worth remains a core metric, the new list also highlights innovation, societal impact, and leadership across diverse industries.

Adebayo Ogunlesi, with a net worth of $1.7 billion, stands out as a pioneering force in global infrastructure investment. As chairman and cofounder of Global Infrastructure Partners (GIP), Ogunlesi led the private equity firm through a transformative acquisition by BlackRock in 2024 for $12.5 billion.

  • Ogunlesi, a Harvard-educated lawyer and banker, previously spent over two decades at Credit Suisse before launching GIP in 2006.
  • His influence extends beyond business, as he has become a key figure in reshaping infrastructure investment on a global scale.

Also, Nigerian entrepreneur,Tope Awotona, the founder and CEO of Calendly, has redefined efficiency in scheduling and holds a net worth of $1.4 billion.

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  • Born in Lagos, Awotona moved to Atlanta as a teenager and pursued business and management information studies at the University of Georgia. After early entrepreneurial setbacks, he launched Calendly in 2013, driven by frustration with cumbersome meeting coordination. The platform, which raised $350 million in 2021, is now valued at $3 billion and serves millions of users worldwide.

Although not a ranking, Wemimo Abbey, at just 32, is the youngest Nigerian on the list and cofounder of Esusu, an African fintech company addressing financial inclusion. Esusu helps renters build credit by reporting rent payments to credit bureaus, a service utilized by more than 20,000 properties and benefiting 1.8 million Americans.

  • In 2022, Esusu achieved a $1 billion valuation following a $130 million funding round. Abbey, who grew up in Lagos, has a background in mergers and acquisitions consulting and a passion for leveraging technology to drive social impact.

These three Nigerians show innovation, resilience, and the drive to address pressing global challenges. Their inclusion on the ForbesBLK 50 list is a foretelling of their entrepreneurial vision and the increasing influence of Nigerians on the global stage.

The ForbesBLK 50 list, launched under ForbesBLK, aims to go beyond net worth to measure impact and influence within the Black community and beyond.

Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

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Northern youths say new tax regime bill designed to ruin region

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President Bola Ahmed Tinubu

Northern youths say new tax regime bill designed to ruin region

Coalition of Northern Groups, Taraba State chapter, has expressed concerns that the proposed Tax Reform Bill by President Bola Ahmed Tinubu’s administration is cunningly designed with all premeditated intent and purposes to further develop the southern Nigeria at the expense of the north.

The northern youths, who lamented the economic hardship in the country, concluded that the effect bears more scars on the region than any other.

Aside from the new Tax Reform Bill, the group also condemned the federal government’s land-border closure, alleging that the ideas favour the South more than the North.

The group, in a statement signed by its coordinator, Comrade Idris Ayuba, made available to Vanguard Correspondent in Ilorin alleged that most difficulties the North faces are the repercussions of the decisions, citing the effect of Petroleum subsidy removal, land border closure and the new tax regime as few examples.

He noted in the statement that”reduction in the consumption of a capital commodity like petroleum occasioned by the subsidy removal is not a manifestation of a positive policy impact; it rather indicates reduced economic activities that force people out of energy consumption,”

On the land border closure, Idris said: “One of the primary concerns is the impact of this policy on the regional economy, which has been heavily reliant on cross-border trade with neighbouring countries. The closure has resulted in significant losses for traders and business owners in the region, exacerbating poverty and unemployment.

“The policy has given undue advantage to Southern Nigeria, for instance, the closure has led to an increase in demand for locally produced goods in Southern Nigeria, which has boosted the southern regional economy.

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“Additionally, the Southern region has benefited from the increased revenue generated from customs duties and taxes on imported goods.

“The closure has also created an imbalance in the distribution of economic opportunities, with Southern Nigeria having greater access to ports and international trade routes.

” This has resulted in a concentration of economic activity in the Southern region, further marginalizing Northern Nigeria,” Idris explained in the statement.

Northern youths say new tax regime bill designed to ruin region

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BREAKING: National Assembly extends lifespan of 2024 budget

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Senate President, Godswill Akpabio

BREAKING: National Assembly extends lifespan of 2024 budget

President of the Senate, Godswill Akpabio, has explained that the impressive performance of the 2024 national budget encouraged members of the National Assembly to extend the lifespan of the 2024 budget beyond December 31 this year.

Akpabio gave the explanation Wednesday in his welcome address during the presentation of the 2025 national budget to the joint session of the federal parliament.

He said, “We have noted the 2024 budget performances of 50% for capital expenditure and 48% for recurrent expenditure respectively.

“Given these great achievements, we have deemed it necessary to extend the life of the 2024 budget to June 30, 2025.

“The enabling law for this extension has already been put in place by this patriotic Assembly, as a testament to our appreciation for the great performance of the budget, ensuring we build upon your momentum.

“We commend your steadfast commitment to collaborate, cooperate and work with the National Assembly to achieve your grand vision for Nigeria.”

As the red chamber planned to start deliberations on the budget proposals, Akpabio warned heads of the various ministries, departments and agencies of the Federal Government to make themselves available for the budget defence.

He said: “Let me take this opportunity to stress the importance of the honourable ministers and heads of extra-ministerial departments being prepared to respond promptly to requests for them to come and defend their sectoral allocation in the exercise of our legislative oversight.

“We have observed concerning the behaviour from some ministers and heads of extra-ministerial departments, who sometimes neglect their duty to promptly submit to legislative oversight, sometimes even disregarding invitations from relevant committees of the legislature.

“It is imperative they understand that we will not condone such breaches of the constitution going forward.”

Akpabio noted that under the President Bola Tinubu administration, Nigerians has “witnessed remarkable strides in economic reforms, aimed at enhancing our nation’s stability and growth”.

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According to him, “The courageous decision to remove fuel subsidies, though challenging, showcases your (Tinubu’s) unwavering commitment to redirecting resources to critical sectors such as education and healthcare.

“Your collaboration with the Central Bank has cultivated an environment ripe for investment, and your focus on infrastructure development reflects a visionary commitment to improving the connectivity that fuels our economy.

“Furthermore, your initiatives to strengthen our security framework stand as a testament to your resolve in tackling the pressing challenges of our time.“

The chairman of the National Assembly commended Tinubu’s efforts in the era of security.

“We commend your tireless efforts, along with those of our brave men and women in uniform, for liberating our lands from the grip of terror.

“Today, no community is under the threat of terrorism, a monumental achievement we celebrate together.

“The reduction in kidnapping incidents and the neutralization of over 11,000 terrorists and insurgents is a testament to patriotism, strength and determination,” Akpabio said.

The Senate President said Tinubu’s dedication to fostering international relations paves the way for fruitful partnerships that will propel the nation forward.

He said: “We are witnessing a resurgence in foreign direct investment, made possible by your visionary directives that ease the visa processes for Nigerians travelling to other countries, and at the same time welcome investors and tourists alike to our country.

“Your innovative approaches in our embassies and the Ministry of Foreign Affairs have opened new doors for Nigeria and its people. For this we thank you.”

He said the introduction of social welfare programmes embodies the president’s unwavering belief in uplifting the living standards of our citizens.

“You remind us that our nation is not merely constructed of bricks and mortar, but of the resilience and determination of its people.

“Nigerians are taking notice of your remarkable achievements. You have doubled aggregate government revenues to over NGN 18.32 trillion, reduced debt servicing expenditures from 97% to 68%, fulfilled $7.5 billion in foreign exchange obligations, increased oil production to 1.8 million barrels per day, and launched the Compressed Natural Gas initiative.

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“Your administration has processed over N45.6 billion for student payments, signed the National Minimum Wage Law, and raised the national minimum wage to N70,000 a month, all while providing over N570 billion in financial support to the 36 states,” Akpabio said.

He commended the groundbreaking tax reform initiative including the four tax reform bills, namely the Joint Revenue Board of Nigeria (Establishment) Bill, 2024; Nigeria Revenue Service (Establishment) Bill, 2024; Nigeria Tax Administration Bill, 2024; and the Nigeria Tax Bill, 2024.

He said the tax reform bills represented a monumental shift in the country’s fiscal landscape and that its critics haven’t read the proposed legislations.

The Senate President said: “It is disheartening that those who have not taken the time to understand these bills are the loudest critics.

“I urge all Nigerians, especially those in public office, to engage with these vital reforms thoughtfully.

“This initiative marks the first comprehensive tax reform since Nigeria’s independence, presenting a transformative opportunity for rejuvenating small and medium enterprises and enhancing the livelihoods of ordinary Nigerians.

“These reforms will not only improve Nigeria’s revenue profile but also create a more conducive and internationally competitive business environment, transforming our tax system to support sustainable development.”

Akpabio said the infrastructure renaissance has paved the way for many roads, including the coastal road and crucial arteries in the Abuja capital city and other parts of the country.

“These developments are not merely about concrete and asphalt; they represent the lifeblood of our economy, connecting our people and fostering growth,” he added.

He urged Nigerians to bear with the president whose economic reforms had imposed hardship on Nigerians but noted that: “We are light-years away from where we began, though some rivers remain to be crossed.

“The pains we feel are not merely the pains of hardship; they are the pains of childbirth. When that season arrives in Nigeria, when this administration births that season, we will rejoice for the struggles endured.

“For now, I ask for your patience and urge all Nigerians to cooperate with the president and maintain faith in his vision.

“Mr. President, while you cannot be everywhere, you have eyes everywhere. We, the distinguished senators and honourable members of the House of Representatives, are your eyes in our constituencies and every corner of Nigeria.

“When our constituents struggle to afford rice, they come to us. When their shoes pinch, they seek our assistance. When the economic alarm sounds, they turn to us.

“Therefore, we are committed to ensuring that you touch the hearts and pulse of Nigerians through these appropriation bills resonating with the sounds of hope and signalling the dawn of Nigeria’s economic rebirth,” he added.

Akpabio ended his speech by leading the members of the National Assembly to sing for the president as they all chorused, “On your mandate we shall stand” to the admiration of the legislatures and the guests.

 

BREAKING: National Assembly extends lifespan of 2024 budget

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