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Atiku, Ibori, Obaseki Mourn Passing Of Access Bank CEO, Herbert Wigwe

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Nigerians was thrown into Mourning when it was reported that MD/CEO of Access Bank Holdings, Dr. Herbert Wigwe was on board with about five others believed to be his wife, son and Abimbola Ogunbanjo, the group chairman of Nigerian Exchange Group Plc (NGX Group), when the helicopter crashed.

Sources said the chopper was headed to Las Vegas when it crashed near a border city between Nevada and California on Friday night.

It was also noticed that Herbert Wigwe and the Lagos State Governor, Babajide Sanwo-Olu, were absent at the Access Bank Lagos Marathon on Saturday.

The governor was represented by his deputy, Obafemi Hamzat.

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US officials had said the helicopter crashed near Nipton on the edge of the Mojave Desert late on Friday evening.

Meanwhile, the Edo State Governor, Mr Godwin Obaseki and other well meaning Nigerians have said that they were shocked and devastated over the death of Herbert Wigwe, his family, and Ogunbanjo.

In a press statement by the governor, made available to the journalists on Saturday in Benin, he said, “The news of the passing of the Chief Executive Officer (CEO) of Access Bank Holdings, Dr. Herbert Wigwe, who died in a helicopter crash in the United States of America has left me extremely shocked and devastated.

“We also unfortunately lost Wigwe’s wife and son as well as the former group chairman of Nigeria Stock Exchange, Abimbola Ogunbanjo, in the crash.

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“The tragic incident is painful and heart-wrenching and we pray for God’s abiding comfort in this profoundly difficult time.

“Wigwe was a colossus in Nigeria’s financial sector, leading Access Bank to become an international brand that placed Nigeria on the global map of first-class financial services.

“I commiserate with the Wigwe family, the Ogunbanjo family, Access Bank Holding, the Nigeria Stock Exchange, friends, and associates and pray that God will grant all the fortitude to bear the irreparable loss.

Atiku, Ibori Mourn:

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Former Vice President and Presidential candidate of the Peoples Democratic Party in the 2023 general elections, Alhaji Atiku Abubakar, has expressed sadness over the death of the Chief Executive Officer of Access Holdings, Herbert Wigwe.

Wigwe, alongside his wife, son and three others were reported to have died in a helicopter crash in the United States of America on Saturday morning (Nigeria time).

The accident also claimed the former group chairman of Nigeria Stock Exchange, Abimbola Ogunbanjo.

Atiku in a condolence message on his verified Instagram handle on Saturday night described the incident as a great loss.

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According to him, “I’m deeply saddened to hear about the unfortunate incident that led to the loss of Herbert Wigwe, Group Chief Executive Officer of Access Holdings Plc, and his family.

“Indeed, Herbert Wigwe, consummate banker, education promoter, and philanthropist, numbered his days. On behalf of my family, my heart goes out to their loved ones and everyone affected by this unfortunate incident. May their souls rest in peace.”

On his part, a former governor of Delta State, Chief James Ibori, also described the accident as a tragedy while commiserating with the families of the deceased.

Ibori wrote on his verified Instagram handle, “Noooooooooooooooo Herbert! What a tragedy! Chizoba(Ibo), Herbert, true soul mates even in death!! Rest well comrades! Rest well!!”

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Meanwhile, Edo state governor, Mr. Godwin Obaseki, who said he was devastated by the death of the banker, described the helicopter as a high regrettable crash.

Obaseki in a statement said, “The news of the passing of the Chief Executive Officer (CEO) of Access Bank Holdings, Dr. Herbert Wigwe, who died in a helicopter crash in the United States of America has left me extremely shocked and devastated.

“We also unfortunately lost Wigwe’s wife and son as well as the former group chairman of Nigeria Stock Exchange, Abimbola Ogunbanjo, in the crash.

“The tragic incident is painful and heart wrenching and we pray for God’s abiding comfort in this profoundly difficult time.

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“Wigwe was a colossus in Nigeria’s financial sector, leading Access Bank to become an international brand that placed Nigeria on the global map of first class financial services.

“I commiserate with the Wigwe family, the Ogunbanjo family, Access Bank Holding, the Nigeria Stock Exchange, friends and associates and pray that God will grant all the fortitude to bear the irreparable loss.”

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NAF to get 50 new fighter jets

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At his second biannual meeting with branch chiefs and Air Officers Commanding NAF formations in Abuja, the Chief of Air Staff(CAS),  Air Marshal Hasan Abubakar, said the expected 50 fighter jets would complement the 12 already in NAF’s inventory.

Abubakar encouraged the officers to uphold the highest standards of professionalism, integrity, and loyalty as they contribute to the overall mission of the NAF.

He said: “A few months ago, we celebrated the 60th anniversary of the Nigerian Air Force, which ushered us into a golden era of transformation and evolution.

“Over the past year, we have successfully inducted 12 aircraft into our inventory, and God willing, we shall take delivery of 50 brand new aircraft between December this year and 2026.

“This is a remarkable achievement that we have not witnessed in a very long time.

“Indeed, these are exciting times that demand innovative thinking, resilience, and dedication.’’

Also yesterday, the Defence Ministry said the ongoing military operations against insurgents in the Northeast and Northwest had reached an advanced stage with the deployment of sophisticated satellite assets.

It said: “Right now, we have moved from normal military operations to advanced military operations. We now use drones. We need satellite to do that. Our troops have to identify where our enemies are. As it is now, without satellites, we cannot operate our drones.

“There will be pollution, or rather, what you call accidents, among the drones in the space. Therefore, we need satellites to do that operation.”

Permanent Secretary of the ministry   Ibrahim  Kana stated this at  the Stakeholders Engagement organised by the Nigeria Communications Satellite Ltd., NigComSat.

Kana lauded President Bola Tinubu, the military, and other security agencies for protecting  the country

He said: “I want to use the opportunity, really, to thank His Excellency, Mr President, for bringing us together and making sure that we all work together and providing all the necessary requirements, particularly launching of more satellites in space.”

President   Tinubu’s efforts in the fight against insecurity in the North was also commended by the  Arewa Elders Progressive Group yesterday.

The group noted that Tinubu’s approach to tackling insecurity, particularly his decision to use military force to crush bandits, has shown promising results.

The commendation was contained in a statement by the group’s Chairman,  Mustafa   Dutsinma.

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Bandits got weapons from corrupt security agents, says NSA

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Bandits and terrorists got a sizeable number of their arms and ammunition from securitymen, National Security Adviser (NSA) Nuhu Ribadu has said.

Ribadu, at the destruction of seized/recovered 2,400 illicit small arms and light weapons in Abuja yesterday, expressed worry that most of such arms were sold to criminals by security personnel.

Also in Abuja, the Defence Ministry announced that the ongoing anti-terror war had moved from normal military operations to the use of drones, and advanced war technique.

Fifty new fighter jets are to be added to the Nigerian Air Force (NAF) fleet between December this year and 2026 to rev up the war against insurgents and other criminal elements in the country, Ribadu reaffirmed.

At the arms destruction by the National Centre for the Control of Small Arms And Light Weapons (NCCSALW), a unit in the Office of the NSA,  Ribadu, assured that the government would do everything possible to keep the country safe and secure.

He said: “We have to find a way of putting a stop to this. We must if we want to recover our country and live in peace and stability.

“The worst human being is a policeman or a soldier who will take arms from his own formation and sell it or hire it out for the bad people to come and kill his own colleagues.

“We must fight these people but also there are merchants of death and evil from outside the world.

“The proliferation of illicit small arms and light weapons remains a major threat to our national security, exacerbating issues such as insurgency, banditry and other violent crimes.

“We have laws that govern ownership of small arms. If you do not follow it, it is an illegal arm and it is supposed to be destroyed completely.”

The  NSA said the military and other security agencies would secure the country against the merchants of death by all means possible.

He said with the present leadership,  the country would overcome all the country’s security challenges within the shortest possible time.

“We are not going to relent. They think we are jokers. We are not, we know what we are doing. And I can assure you with the leadership we have today in our country, with the set of people in charge, we have hope.

“Just give us time. It will change. The proliferation of small arms and light weapons remains a major threat to our national security.  We will fight it. We will secure this country,” Ribadu added.

NCCSALW Director-General Johnson Kokumo said the challenge posed by the proliferation of Small Arms and Light Weapons (SALW) was one of the major threats to peace and security not only in the country but in  West Africa.

He said the 2,400 destroyed weapons, comprised unserviceable, decommissioned, and recovered arms.

Kokumo added: “These weapons were mopped up by the military, police and other security agencies across the country.

“By permanently removing these arms from circulation, we reduce the risk they pose to our communities and send a clear message that Nigeria will not tolerate the illegal trafficking and possession of small arms and light weapons.’’

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Unpaid Commission: Businessman Sues FCMB, Demands $60,206.66

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A businessman, Michael Ogbole, has sued First City Monument Bank at a Lagos State High Court in Lagos, demanding $60,206.66 as unpaid commission for allegedly facilitating a multi-million-dollar transaction with a United States-based company, Sky Enterprise LLC.

Ogbole, in the suit, filed by Falana & Falana Chambers accususe FCMB of circumventing him in the deal.

The claimant alleged on June 2, 2016, he met with FCMB’s Group General Manager and Chief Executive Officer, Ladi Balogun, to discuss how he could help the bank secure finance from Sky Enterprise, a Florida-based firm specialising in trade finance, risk, and debt management.

Following their discussion, Balogun allegedly directed him to contact FCMB’s Treasurer, Gerald Ikem, who introduced him to Nomso Ezenta, head of Structured Funding and Correspondent Banking, to coordinate the transaction.

The businessman said on September 2, 2016, he arranged a meeting between Sky Enterprise’s Global Director for Africa, Yinka Akinlabi, and FCMB at the bank’s headquarters to structure the deal.

The claimant said those present were top FCMB executives. After the meeting, the parties exchanged emails and phone calls to finalise the transaction.

However, in February 2021, the businessman discovered FCMB went ahead with the deal through Sky British, a subsidiary of Sky Enterprise, without his involvement.

He claims this was confirmed by FCMB’s Annual Report and Financial Statements of December 31, 2020.

In a letter of October 12, 2021, the businessman demanded $60,206.66, representing one per cent commission on the $6,020,660, facility secured by FCMB from Sky British. After FCMB failed to respond, another demand letter was sent on January 19, 2022. Despite these efforts, the businessman claimed FCMB has refused to pay.

FCMB, through its lawyer, Wale Olawoyin, said the suit lacks merit, admitting that in 2016, Ladi Balogun was approached by the claimant, claiming he can broker dollar loans for banks.

Subsequently, the bank said the claimant, through phone conversations, emails, and two meetings, held discussions with other FCMB executives.

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