News
Re: Betta Edu N3bn sleaze and GVG fund saga
…An Effort In Futility By Desperados, By Omogbolahan Babawale
With the hoopla from the recently unearthed large scale sleaze from the National Social Investment Programme Agency (NSIPA) and its concomitant obstreperous cacophony, one thing I’ve observed, very keenly is the adroit adept application of some rules of the best-seller book by renowned Robert Greene’s 48 Laws of Power. The spinners, while jettisoning Rule 26 which states that, ‘Keep Your Hands Clean’, and which invariably implies if you must do anything untoward, get others to do it on your behalf so you do not take the blame went straight for the jugular of their adversary.
These desperados went straight for Rule 39 which states that you, ‘Stir Up Waters to Catch Fish’. By implication, the rule suggests that you create chaos to take advantage of the opportunity it provides. Of course, people’s attention will be diverted and their focus will be off the major problem at hand which overtly is what is obtainable now in the case involving the suspended former Head, Nigeria Social Investment Programme Agency (NSIPA). And truth remains they will stop at nothing as they might have learnt from Rule 3 to always, Conceal Your Intentions. This affords you the opportunity to always lead people astray when it comes to your intentions. They will hardly realize your plans too soon.
Their desperation has finally led them to apply Rule 15 so quickly. What does Rule 15 say? It says, ’Crush Your Enemy Totally’. And who is the enemy here? Of course, Betta Edu. They believed they had the chance, hence, their decision to ‘destroy’ her completely with phantom, far-from-reality and unfounded fraud allegation. Robert Greene suggested that you show your enemy no mercy, so that they’ll be less likely to try to cross you in the future. This aptly captures the current campaign of calumny against the person of Dr. Betta Edu.
If the analogy were not to be, how come then it was possible for somebody alleged to have peculated a whopping sum of N30bn, stashed in several private accounts within few weeks of her appointment now spined the story such that N3bn was thereafter the major talk-of-the-town while the public speaks less of her humongous and esurient ‘annihilation of our common wealth’? Such spin needs be studied at Cambridge University in the United Kingdom or Harvard Business School in the United States. I shudder when people turn logic on its head. They have practically turned the attention solely on the Minister. Some have even almost turned it to an ethnic thing – North vs South. I wonder how many Southerners defended Dr. Abati, Sen. Obanikoro, Amb. Ayo Oke (the NIA man) among others during the #DasukiGate experience.
To think President Bola Ahmed Tinubu, a former auditor of high repute, trained by one of the best audit firms in the world – Deloitte would allow such shenanigans is to undermine his intelligence and his resolve to right the many wrongs bedeviling us a people. Meanwhile, Betta Edu, through her aide, Rasheed had said she got approval for the Grants for the Vulnerable Group (GVG) fund moved into a personal account. As a man with financial background, a former auditor with 10-year audit experience, I can say authoritatively that it is not the duty of Betta Edu as a minister to put in internal control mechanisms. That overtly falls within the purview of both the Accountant-General of the Federation and Auditor-General for the Federation. If both officers or their offices through which the payment was made did not raise any objection, why should Edu take the fall? The last time I checked, I remember, Betta Edu as a Minister does not have such powers as to open official account other than the statutory recognized accounts – salary, overheads and revenue (where necessary)…
News
Public holidays: FG declares December 25, 26, and January 1
The Minister of Interior, Dr Olubunmi Tunji-Ojo, announced the public holidays on behalf of the Federal Government.
The Federal Government has declared Thursday, December 25, and Friday, December 26, as well as Thursday, January 1, 2026, as public holidays to mark the Christmas, Boxing Day, and New Year celebrations.
The Minister of Interior, Dr Olubunmi Tunji-Ojo, announced the public holidays on behalf of the Federal Government.
In a statement by the Permanent Secretary in the Federal Ministry of Interior, Dr Magdalene Ajani, the minister extended warm Christmas and New Year felicitations to Christians in Nigeria and across the world.
He extended the same gestures “to all Nigerians as they celebrate the end of the year and the beginning of a new one”.
Tunji-Ojo urged Christians to reflect on the virtues of love, peace, humility, and sacrifice as exemplified by the birth of Jesus Christ, noting that these values are critical to promoting unity, tolerance, and harmony in the nation.
News
KWAM1 loses bid to block Awujale selection process
KWAM1 had declared his interest in the vacant Awujale stool, claiming lineage from the Jadiara Royal House of the wider Fusengbuwa Ruling House.
• KWAM1
The Ogun State High Court sitting in Ijebu-Ode has refused to grant popular Fuji musician Wasiu Ayinde, alias KWAM1, an interim injunction aimed at restraining Governor Dapo Abiodun and five others from proceeding with the selection and installation of the next Awujale of Ijebuland.
Ayinde, represented in court by Wahab Shittu (SAN), had on Monday, sought the injunction pending the hearing of his substantive suit challenging the selection process.
But Justice A. A. Omoniyi dismissed the application, holding that the interim injunction lacked merit and that there were no strong grounds to justify its grant.
He subsequently ordered the expedited hearing of the substantive matter, fixing 14 January 2026 for proceedings.
KWAM1 had declared his interest in the vacant Awujale stool, claiming lineage from the Jadiara Royal House of the wider Fusengbuwa Ruling House.
However, the Fusengbuwa ruling house rejected his claim, stating that he is not from the royal house.
To challenge what he perceived as injustice, Ayinde filed a suit against the Fusengbuwa ruling house, Governor Abiodun, the Chairman of Ijebu-Ode Local Government, Dare Alebiosu, and three others
News
November Petrol supply rises 55% to 71.5m litres daily
The report revealed that the domestic refineries supply in the period stood at 17.1 million litres per day, while the average daily consumption of PMS for the month was 52.9 million litres per day.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) November Fact -Sheets indicated that the supply of Premium Motor Spirit (PMS), also known as petrol, increased to 71.5 million litres per day in November 2025 from 46 million litres per day in October. This was an increase of 55 per cent.
In the report released yesterday, the agency said that the nation’s consumption also increased by 44.5 per cent to 52.1 million litres per day in November 2025, compared to the 28.9 million litres in October,. an excess of 37.4 million litres.
It said that the volume supplied came from both the domestic and the international market.
NMDPRA noted that the imports were aimed at building inventory and further guaranteeing supply during the peak demand period.
Other reasons for the increase, according to the NMDPRA, were due to “low supply recorded in September and October 2025, below the national demand threshold; the need for boosting national stock level to meet the peak demand period of end of year festivities and twelve vessels programmed to discharge into October which spilled into November.
The report revealed that the domestic refineries supply in the period stood at 17.1 million litres per day, while the average daily consumption of PMS for the month was 52.9 million litres per day.
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