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Amid Hardship, Hunger Sanwo-Olu Spotted Wearing N195m Wristwatch At Davido’s Wedding
Lagos State Governor, Babajide Sanwo-Olu, was spotted wearing a luxury wristwatch valued at over N190 million (approximately $127,000) at the wedding of Davido and Chioma Rowland on Wednesday.
The Patek Philippe World Time Chronograph 5930G-11 watch was identified through a search on Chrono24, a prominent online marketplace for high-end timepieces.
The governor’s extravagant accessory has raised eyebrows, given the economic challenges facing Lagos State and Nigeria as a whole.
This translates to approximately N195 million, based on the current exchange rate of N1,540 to $1.
Nigeria has been grappling with revenue struggles, unemployment, and underdevelopment, amidst concerns over the judicious use of public funds by officials.
Governor Sanwo-Olu has faced scrutiny for his luxury tastes, having been spotted with high-end wristwatches on multiple occasions, sparking questions about his stewardship of public resources.
In 2023, Governor Sanwo-Olu was seen wearing a Patek Philippe wristwatch valued at approximately N160 million, sparking controversy amidst widespread poverty in Lagos State and Nigeria as a whole.
This luxury purchase has raised questions about his priorities as a leader, especially given the recent meeting of southern governors to address the growing economic hardship in the region.
Furthermore, Lagos State is among the most indebted states in Nigeria, making the governor’s extravagant expenditure on personal items all the more concerning.
News
Nigeria Congratulates Qatar on National Day
By Gloria Ikibah
The Federal Government of Nigeria has extended its heartfelt congratulations to the State of Qatar on the occasion of its National Day, celebrated on Wednesday, December 18, 2024.
In a statement signed by the Acting Spokesperson for the Ministry of Foreign Affairs, Kimiebi Imomotimi Ebienfa, Nigeria’s Minister for Foreign Affairs, Ambassador Yusuf Maitama Tuggar, conveyed fraternal greetings to Qatar’s Prime Minister and Minister of Foreign Affairs, His Excellency Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani.
The statement highlighted Qatar’s commitment to promoting global peace and its significant contributions to humanitarian services worldwide.
“The Federal Government of Nigeria commends the commitment and strategic efforts made by the State of Qatar in the promotion of global peace; and more so, the excellent contributions to humanitarian services in different parts of the world,” it read.
Ambassador Tuggar emphasised the strong and growing relations between Nigeria and Qatar, expressing satisfaction with the collaborative efforts to strengthen ties for the mutual benefit of their citizens.
He wished Qatar peace, prosperity, and progress, reaffirming Nigeria’s enduring friendship and support.
This underscores Nigeria’s recognition of its diplomatic relationship with Qatar and its shared commitment to global cooperation and development.
News
Reps Recommends Delisting NECO, UI, Labour Ministry, 21 Others From 2025 Budget
By Gloria Ikibah
The House of Representatives Public Accounts Committee (PAC) has called for the removal of the National Examination Council (NECO), University of Ibadan (UI), Federal Ministry of Labour and Employment, and 21 other federal Ministries, Departments, and Agencies (MDAs) from the 2025 budget.
This recommendation follows their repeated failure to account for previous allocations and internally generated revenue.
During an extraordinary session on Wednesday, December 18, 2024, the Committee resolved that these MDAs should be excluded from the budget until they comply with its directives.
Chairman of the Committee, Rep. Bamidele Salam, stressed: “The Financial Regulation empowers the National Assembly to exclude any Ministry, Department, or Agency (MDA) that fails to account for their previous appropriations. As such, the listed MDAs should be excluded from the 2025 budget until they appear before this constitutional committee.”
The decision was prompted by the consistent non-compliance of these MDAs despite multiple summons issued by the Committee to scrutinize their financial operations.
Prominent institutions among those recommended for delisting include hospitals, universities, and federal development agencies. Some of the affected MDAs are:
- Federal Medical Centre, Bida
- Federal Ministry of Labour & Employment
- Ahmadu Bello University Teaching Hospital, Zaria
- Nigeria Police Force: Department of Information and Communication Technology
- Federal College of Education (Technical), Asaba
- Federal College of Education, Yola
- Federal Polytechnic Ekowe, Bayelsa State
- Abubakar Tafawa Balewa University Teaching Hospital, Bauchi
- Federal University of Technology, Minna
- Cross River Basin Development Authority
- Nigeria Office for Trade Negotiation
- National Examination Council (NECO)
- Nigeria Police Academy, Wudil
- Presidential Amnesty Programme
- Galaxy Backbone
- Senior Special Assistant to the President on Sustainable Development Goals
Others include the National Health Insurance Authority (NHIA), Nigeria Nuclear Regulatory Authority, National Space Research and Development Agency, Federal Cooperative College (Ibadan), Upper Niger River Basin Development Authority, University of Lagos, University of Ibadan, and Federal School of Survey, Oyo State.
The Committee unanimously recommended that the MDAs in question be delisted from the 2025 budget until they comply with the request for documentation and provide necessary financial clarifications.
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