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JUST IN: Adebutu Applauds President Tinubu, Judiciary on LGs Autonomy Matters

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The 2023 governorship candidate of the People’s Democratic Party (PDP) in Ogun State, Hon. Ladi Adebutu, has applauded President Bola Tinubu,  and the judiciary for their positions on financial autonomy of local governments.

Adebutu gave the kudos after he regained freedom from the Department of State Services (DSS), early morning today.

Adebutu was invited and detained on Monday in respect of his alleged involvement in some security breaches at Iperu, Ikenne local government area of the state, during last Saturday’s local government election in the state.

In a statement Hon. Adebutu personally signed, titled “My experience and release from the DSS,” the former lawmaker stated that his resolve to see an independent local government through financial autonomy remain sacrosanct.

He said: “At about 7am, Tuesday, 19th November, 2024, I was released by the Department of State Services (DSS) in Abeokuta following an invitation to answer to various spurious accusations all arising from the November 16 Local Government election in Ogun State.

“Very sadly, the allegations were so baseless that it became clear that their purpose was to silence me as a voice of the opposition.

My contention that those elections were not free and fair is my fundamental right to free speech and free thought.

My thinking that the Local Government should have financial autonomy that can only be enforced by free and fair elections is germane to our development. Mr President, Senator Bola Ahmed Tinubu, GCFR, shares the same view as mine which shows it is not a partisan position but a nationalistic one.

“However, because of the particular situation of Ogun State over the last five years, which I shall publish shortly, desperation has set in to emasculate the third tier of government completely; this is the struggle for our development.

” My thinking that the Local Government should have financial autonomy that can only be enforced by free and fair elections is germane to our development.

Mr President, Senator Bola Ahmed Tinubu, shares the same view as mine which shows it is not a partisan position but a nationalistic one.

“However, because of the particular situation of Ogun State over the last five years, which I shall publish shortly, desperation has set in to emasculate the third tier of government completely; this is the struggle for our development.

“I seize this opportunity to appreciate our institutions as they gradually continue to grow.
I must say I am pleasantly surprised at the professionalism and fairness the Department of State Services has treated this matter till date, particularly during my stay in their office.

I also  acknowledge the judiciary for the forthright judgment we were able to obtain from the Ogun State High Court on Friday, 15th November, 2024, in suit AB/784/2024, a suit filed for the purpose of excluding the Peoples Democratic Party from participating in the Local Government elections.

I thank all stakeholders, well wishers and for that matter non-well wishers, because together, we must move the narration forward and arrive at good governance,” he said.

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16-Year-Old Osasere Okundaye Becomes Nigeria’s Youngest Chartered Accountant

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In a remarkable feat that has captured national attention, 16-year-old student Osasere Okundaye has emerged as Nigeria’s youngest chartered accountant, shattering the previous record set in 2022.

Okundaye successfully completed the professional examinations of the Institute of Chartered Accountants of Nigeria (ICAN), earning widespread acclaim as a shining example of youthful excellence and determination. Her achievement comes at an age when many peers are still navigating secondary education or early university studies.

Minister of Youth Development Ayodele Olawande congratulated the young prodigy, describing her accomplishment as an inspiring milestone. “I heartily congratulate Miss Osasere Okundaye on her outstanding achievement of becoming Nigeria’s youngest Chartered Accountant at just 16 years of age,” the minister said, highlighting her hard work and resilience as a symbol of the potential within Nigerian youth.

Okundaye’s success surpasses the record previously held by Jonathan Adewale (also known as Ojo Jonathan Adewale), who qualified as a chartered accountant at age 17 in 2022. Her qualification has sparked pride across the country and renewed focus on empowering young Nigerians in professional fields.

While full ICAN membership typically requires additional practical experience (usually three years), Okundaye’s completion of the rigorous exams marks a historic breakthrough. Details about her educational background and the journey to this achievement are still emerging, but her story is already motivating aspiring accountants and students nationwide.

This milestone underscores the growing narrative of exceptional young talent driving Nigeria forward in various sectors. Congratulations poured in from across social media and media outlets, celebrating Okundaye as a beacon of hope for the nation’s future.

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JUST IN: Vigilante Groups Rescue Kidnapped NECO Students in Borno State

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Local vigilante groups have successfully rescued several students of the National Examinations Council (NECO) who were abducted in Borno State, security sources confirmed on Monday.

The students were reportedly kidnapped while traveling or residing in the area for examination purposes. Details of the exact number rescued and the circumstances of the abduction remain limited, but eyewitness accounts indicate that vigilante fighters acting on intelligence engaged the kidnappers, leading to the release of the captives without major casualties reported among the students.

A community leader in the affected area praised the swift response of the vigilantes, stating that their deep knowledge of the local terrain played a crucial role in tracking the abductors. “These boys and girls were on their way to pursue their education. We thank God and our local defenders for bringing them back safely,” he said.

Borno State has faced persistent security challenges, including banditry and insurgent activities that have occasionally targeted schools and students. The rescue operation highlights the growing reliance on community-based security networks in complementing efforts by the Nigerian military and police in the region.

Authorities are yet to issue an official statement on the incident, but sources say efforts are ongoing to reunite the rescued students with their families and provide necessary medical and psychological support. Investigations into the kidnapping are also underway to apprehend those responsible.

This latest incident comes amid broader concerns over the safety of students in northern Nigeria during examination periods.

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EFCC Charges Former Port Harcourt, Warri Refinery MDs with Money Laundering

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Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has filed separate money laundering charges against the immediate past Managing Directors of the Port Harcourt Refining Company (PHRC) and the Warri Refining and Petrochemical Company (WRPC).

The accused are Ahmed Adamu Dikko, former MD of the Port Harcourt Refinery, and Jimoh Olasunkanmi Yisawu, former MD of the Warri Refinery. The charges stem from the alleged diversion and laundering of funds earmarked for the rehabilitation of Nigeria’s state-owned refineries.

According to court documents and investigations by PREMIUM TIMES, the EFCC accused the former officials of abusing their positions by receiving and laundering large sums of money through third parties in connection with controversial turnaround maintenance contracts.

The probe forms part of a broader investigation into alleged fraud involving billions of dollars linked to the rehabilitation of the Port Harcourt, Warri, and Kaduna refineries. EFCC sources have indicated that the total amount under scrutiny runs into billions, with earlier recoveries reported at ₦38.66 billion alongside other properties.

The charges include multiple counts of money laundering, with Dikko and Yisawu allegedly involved in diverting public funds meant for critical refinery upgrades. This comes amid ongoing scrutiny of officials from the Nigerian National Petroleum Company Limited (NNPCL) and contractors involved in the projects.

The development is the latest in a series of actions by the EFCC targeting alleged corruption in Nigeria’s oil sector, where massive investments in refinery rehabilitation have yielded limited operational improvements despite significant expenditures.

As of the time of filing, court proceedings for the arraignment of the former MDs were underway. The EFCC has not yet issued an official statement on the matter.

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