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Alake of Egbaland quits as chairman of OANDO
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By Kayode Sanni-Arewa
The Alake of Egbaland, Oba Adedotun Gbadebo, has quit his exalted ‘throne’ as chairman of Oando Plc.
The company has, therefore, appointed Ademola Akinrele as its Board chairman after Oba Gbadebo, resigned from the position.
In a statement on Friday, Ayotola Jagun, the company’s Secretary, said Oba Gbadebo formally notified the board of his decision to step down as chairman and retire as a board member of Oando.
Gbadebo’s resignation, according to Jagun, took effect immediately after Oando’s annual general meeting (AGM) held on December 17, 2024.
“Oba Gbadebo served with unparalleled distinction for over 18 years on the Board, including 12 years as Chairman,” Jagun said.
“Throughout his tenure, he provided steadfast leadership, wise counsel, and a fatherly presence, guiding the company through significant milestones, including several landmark transactions.
“His steady hand and unwavering commitment were pivotal in steering the company through challenges while ensuring growth and resilience.
“The Board and Management of Oando Plc express their deep appreciation to Oba Gbadebo for his remarkable contributions and leadership over the years. His legacy will forever be an integral part of Oando’s story.”
AKINRELE HAS EXTENSIVE EXPERIENCE TO MOVE OANDO FORWARD’
Jagun said Akinrele would drive the company’s strategic vision forward, with his extensive experience, which includes working at Agip Plc, Danos & Curole Marine Contractors.
“Mr. Akinrele brings extensive experience and expertise to this role, having previously served as a Non-Executive Director on the Board and as Chairman of the Governance & Nominations Committee,” she said.
“With decades of distinguished service in the legal profession, he is widely recognised as a leading authority in commercial law, litigation, aviation, and maritime matters.
“Mr. Akinrele holds an LL.B (Hons.) from University College London and an LL.M from the University of Cambridge.
“He has also served on the boards of Agip Plc, Danos & Curole Marine Contractors, and other notable institutions.
“His exceptional leadership abilities and capacity to foster consensus among stakeholders position him well to lead the Board effectively.
“The Board is confident that, under his chairmanship, Oando Plc will build on its legacy of excellence and explore new avenues for growth.”
Jagun also announced the appointment of Cosmas Iwueze as an independent non-executive director, effective Dec toember 16, 2024.
“Cosmas Iwueze is a seasoned petroleum engineer and business leader with over three decades of experience in the oil and gas industry,” she said.
“Joining Chevron Nigeria Limited (CNL) in 1990, Cosmas rose through positions of increasing responsibility across Reservoir and Asset Management, Commercial Development, Operations, Project Management, and Business Strategy.
“He also gained international experience working with Chevron in California and Angola. Cosmas previously held leadership roles as Business Services Director for Chevron’s Nigeria/Mid-Africa unit, General Manager of Operations, and General Manager of Asset Development and Exploration.
“Notable achievements include securing third-party financing for JV projects and contributing to national petroleum policy development during a secondment to the Nigerian government.
“Prior to retiring in November 2024, Cosmas served as Director of the NNPC/Chevron Joint Venture (JV), overseeing the JV asset development, major projects, as well as oil and gas production with profit and loss accountability.”
Jagun said Cosmos led strategic initiatives at the joint venture, managed multiple general managers, and acted as managing director when required.
News
Troops Rescue 14 abductees, recover 281 rustled livestock in Sokoto
Troops of the Nigerian Army’s 8 Division Garrison have rescued 14 kidnapped victims and recovered 281 rustled livestock following an operation against bandits in Shagari Local Government Area of Sokoto State.
A security source familiar with the operation disclosed the development to journalists in Sokoto on Wednesday.
The source, who requested anonymity, said the troops responded swiftly to a distress call on Tuesday after bandits attacked Horo Birni Village and abducted several residents while rustling livestock.
According to the source, the troops intercepted the bandits as they were moving the kidnapped victims and the stolen animals, forcing them to abandon their captives and flee.
The operation led to the successful rescue of all 14 victims and the recovery of 281 livestock.
The source attributed the success of the operation to the troops’ prompt response and effective collaboration among security agencies.
“The troops are always battle-ready to tackle all forms of criminality in the country but need sustained community support and vigilance,” the source said.
In a related development, operatives of the Enugu State Police Command have rescued four kidnap victims during separate operations in Enugu and neighbouring Benue State, while recovering the body of another victim who was allegedly killed by his abductors.
The Command’s spokesperson, SP Daniel Ndukwe, said the rescues were carried out through coordinated intelligence-led operations involving police operatives, the Nigerian Army, the Enugu State Forest Guards, neighbourhood watch personnel, vigilante groups and the Benue State Civil Protection Guards.
One of the operations led to the rescue of two brothers who were abducted at Ezimo-Ulo in Udenu Local Government Area of Enugu State.
According to Ndukwe, operatives from the Udenu Police Division, the Anti-Kidnapping Section of the Command’s Violent Crime Response Unit (VCRU), the Distress Response Squad (DRS) and the Orukam Police Division of the Benue State Police Command tracked the kidnappers to Ikele in Owukpa Community, Ogbadibo Local Government Area of Benue State.
The operation, which also leveraged the Inspector-General of Police’s Handshake Patrol initiative, culminated in a gun battle that forced the kidnappers to flee with suspected gunshot wounds, allowing the victims to be rescued safely.
Security operatives recovered 15 rounds of live ammunition, the victims’ Android phones and car keys, other mobile phones and accessories, a bottle containing substances suspected to be hard drugs and related paraphernalia, clothing items and ₦11,800 from the kidnappers’ hideout.
The victims were later debriefed and reunited with their family.
In a separate operation, operatives of the Umabor Police Division, working with the Anti-Kidnapping Section of the VCRU, the Enugu State Forest Guards and neighbourhood watch personnel, rescued two other victims who had been kidnapped at Amukpa Village in Ogbozara Community, Nsukka Local Government Area.
Police, however, said another victim did not survive the ordeal. His decomposing body was recovered from a forest, where investigators believe he died from gunshot wounds inflicted by the kidnappers while in captivity.
Ndukwe said investigations were ongoing and that security operatives had intensified efforts to track down the fleeing suspects involved in both incidents.
News
Finally, Woro Abductees Regain Freedom — Kwara Govt
No fewer than 176 abducted during the deadly February 3 terrorist attack on Woro and Nuku communities in Kaiama Local Government Area of Kwara State have regained their freedom.
The development was announced on Wednesday in a post on the official Facebook page of the Kwara State Government, which was sighted by our correspondent.
The government wrote, “Alihamdulillaah and kudos to President Bola Ahmed Tinubu GCFR, security forces, and everyone who played a role in this huge feat. We are grateful!”
The victims, who are mostly women and children, were abducted by bandits on February 3, 2026.
Addressing a Channels Television crew in her office, the Commissioner for Communication, Bola Olukoju, expressed appreciation to President Tinubu, the military hierarchy, and the state governor for their roles in securing their release.
She said efforts to secure their freedom had been ongoing, adding that the exact number of those released could not be disclosed yet until further information is received from the military, who currently have the victims in custody.
“Yes, our Woro victims have been released. We are still awaiting more details from the military, but first and foremost, we would like to say a big thank you to the President, Bola Ahmed Tinubu, and the Nigerian military, and our governor, Mallam AbdulRahman Abdulrazak, who hasn’t rested since it happened,” the commissioner said.
“And he has been on it. When people ask: what is he doing? What has been going on behind the scenes, but because it’s a security issue, we can’t tell people about what we are doing.
“But to God be the glory; they have been released. We’re expecting more details.”
News
Osun Poll: Imole Campaign Council Accuses EFCC of Using Anti-Graft Powers to Influence Election
By Gloria Ikibah
The Imole Campaign Council (TICC) has accused the Economic and Financial Crimes Commission (EFCC) of abusing its statutory powers by freezing the Osun State Government’s accounts barely days before the governorship election of the state, alleging that the action amounts to political interference aimed at undermining the democratic process.
In a statement issued on Thursday by the Chairman Media and Publicity Committee, Rep. Bamidele Salam, the campaign council described the development as an unprecedented misuse of authority capable of disrupting governance and denying residents access to essential public services.
Salam argued that the timing of the action, coming about 10 days before the governorship election in which the incumbent governor is seeking re-election, raises serious concerns over the motive behind the decision.
He said: “The Imole Campaign Council (TICC) has accused the Economic and Financial Crimes Commission (EFCC) of going outside its mandate by interfering in the upcoming governorship election in Osun State, describing the freezing of Osun State Government account a few days to the election as a brazen abuse of authority and attack on the people.
“It is quite ludicrous that a body set up to fight infractions in the society is invariably enabling it. Nothing, other than politics can accurately explain the reprehensible action of the EFCC to freeze the account of Osun State Government just 10 days to election which the incumbent is a candidate.”
The council contended that the freezing of the state’s accounts had effectively crippled the government’s ability to discharge its constitutional responsibilities.
According to Salam, the action could affect the payment of workers’ salaries and pensions, execution of infrastructure projects, security operations and other essential public services.
“By implication, the EFCC as a body set up by law is frustrating a sub-national government from carrying out its lawful duties of payment of salary and allowances, pensions, fixing infrastructure, addressing security challenges and carrying out other duties which the Nigerian Constitution has entrusted unto the state”, he added.
The council further alleged that the anti-graft agency’s decision amounted to an assault on democratic governance and the rights of the people of Osun State.
“The EFCC has in other words executed a coup against the democratic expression of over five million citizens of a supposedly democratic country.
“In plain sight, what the EFCC has done is to recklessly weaponise its authority to exert economic pressure on Osun people in the bid to coerce them into schemed political choice”, Salam stated.
Salam also warned that the development could disrupt critical public services, including healthcare programmes, insisting that public institutions should never be used as political tools.
“With the politically motivated action of the EFCC, many essential services, including planning for some public health interventions, can no longer go on.
“This is very unfair to Osun people because we believe that public institutions should never become a political weapon against ordinary citizens”, he expressed worries.
While reiterating the council’s support for transparency and accountability in public office, Salam maintained that the anti-corruption campaign must not be used as a cover for political persecution.
The campaign organisation urged the commission to immediately reverse its decision and allow the state government to continue its operations without hindrance.
“As much as we are not opposed to accountability in governance, we state our total rejection to political witch-hunting disguised as corruption fight.
“The EFCC approach, timing and the follow-up posture all have politics written over it, and we want to call on the anti-graft body to immediately stop further attempts to interfere with the will of Osun people.
“We maintain that Osun people have every rights to democratic choices via the poll and as such, will not accept the subtle attempt by the EFCC to subdue their wills through abuse of authority.
“We therefore call on the EFCC to immediately unfreeze the account so that governance can continue and the people can get the services they deserved”, he said.
The EFCC had not issued a response to the allegations at the time of filing this report.
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