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Tinubu’s special investigator, Jim Obazee requests over N2bn from CBN governor as apex bank officials raise

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A letter addressed to the Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, by the Chairman of the Special Investigative Committee, Jim Obazee, requesting N2 billion for various assignments has been exclusively obtained by SaharaReporters.

In the letter dated December 22, 2023, Obazee requested funds for surveillance, vetting, security, addressing black spots, monitoring hotels, and acquiring vehicles.

President Bola Tinubu appointed Obazee, a former chief executive officer of the Financial Reporting Council of Nigeria, in July 2023 as the special investigator to investigate the Central Bank of Nigeria (CBN) and related entities.

Obazee, who was fired by President Muhammadu Buhari in 2017, investigated the CBN under the tenure of Sanusi Lamido Sanusi.

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His investigation uncovered massive corruption in Nigeria’s apex bank and his recommendation led to former President Goodluck Jonathan’s suspension of Sanusi in February 2014.

Obazee reports directly to the President.

In his appointment letter dated July 28, 2023, President Tinubu said Obazee would also work on a comprehensive report on public wealth currently in the hands of corrupt individuals and establishments.

Part of his job schedule is to strengthen key Government Business Entities (GBEs), block leakages in CBN and related GBEs and provide a comprehensive report on public wealth currently in the hands of corrupt individuals and establishments.

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Meanwhile, Obazee’s letter to the CBN governor, Olayemi Cardoso, reads in part: ”Please refer to our meeting with Mr President (with the Attorney General of the Federation and Honourable Minister of Justice in attendance) on 20th December 2023 wherein Mr President directed that I forward my invoice, so far, to you on the ongoing investigation that I am leading.”

Obazee asked for N750,000,000 for ”information sourcing, facts finding, synthesis and vetting.”

The Special Investigator asked for N800,000,000 for ”surveillance, black sites, private security and prying eyes.”

For ”logistics, outstation and team funding,” Obazee demanded N550,000,000.

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He also demanded N35,000,000 for ”consumables, etc”. The total amount of money requested by the Special Investigator was N2,135,000,000, which was to be paid into a Premium Trust account number – 0010080287.

Concerned CBN officials shared a copy of the letter with SaharaReporters and questioned the rationale behind the request when the apex bank had already provided for such activities.

One official said, ”The duplication of efforts raises concerns about potential redundancy and misallocation of resources.”

He added, ”Moreover, there is uncertainty regarding Jim Obazee’s authority to conduct surveillance and investigations, particularly if he needs the credentials of a spy or professional investigator.

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”The lack of clarity on the approval process for these tasks and fund allocation is already causing confusion, raising questions about who authorized these activities and why.

”Transparency is urgently needed regarding the transactions being vetted and the beneficiaries being monitored.

”Without clear explanations, suspicions will arise about the potential misuse of information and the possibility of the Obazee-led committee employing blackmail tactics.”

Another official accused the Obazee-led committee of being indicted for tapping the telephone conversations of highly placed Nigerians. Hence, the source noted that the apex bank is careful in dealing with the panel.

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”The unauthorized tapping of telephone conversations of high-ranking officials, including the Attorney General of the Federation and the Inspector General of Police is known to us, and it raises serious legal and ethical questions about privacy rights and abuse of power.

”We are also aware that some CBN staff members are providing information to Obazee on every transaction of current governments and governors that he is using as a blackmailing tool.

”We want the committee to explain the rationale behind the request and clarify the processes involved in approving such allocations.

”Additionally, the CBN is keen to ensure that any fund disbursements are under presidential orders and have received proper board approval.

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”It is also essential to ensure that the allocated amount is within the approved budget and that funds are used appropriately and accountably.”

SaharaReporters further gathered that there are concerns about the storage of investigation documents in Obazee’s Lagos home.

A member of the panel said, ”As I speak to you, there is vital national information and top secrets in Obazee’s home.

”This could trigger potential breaches of national security and confidentiality.”

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LASG shuts down Idera market over ‘environmental pollution

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By Kayode Sanni-Arewa

The Lagos State Environmental Sanitation Corps (LAGESC) says it has sealed off the Idera market in the Oshodi metropolis.

In a statement on Thursday, Ajayi Lukman, LAGESC spokesperson, said the agency sealed the market due to unhygienic practices and indiscriminate dumping of refuse, which contravened the environmental law of the state.

He said the measure was taken to enforce adherence to environmental cleanliness across registered markets in the state.

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‘‘Our operatives stationed across the Oshodi division during routine market monitoring identified the filth, unhygienic practices, and indiscriminate dumping of refuse around the Idera Market area, which prompted us to seal off the market until further notice,” the statement reads.

Lukman quoted Olaniyi Cole, the corps marshal of the agency, as decrying the level of hygiene at the market, which could lead to an outbreak of diseases.

He said Cole frowned at the inability of the market leadership to provide a valid waste collection contract, which resulted in the heaps of refuse in the facility.

He added that the display of wares for sale on road setbacks, lay-bys, medians, verges, kerbs, street trading, and hawking remained banned in the metropolis.

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The LAGESC corps marshal reiterated the ban on the sales, distribution, and usage of styrofoam in the state, noting that anyone found culpable would be punished decisively.

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Hours to Edo guber polls, major opposition candidate crumbles structure for Ighodalo

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By Kayode Sanni-Arewa

Hours to the Edo State governorship election, the guber candidate of the All Peoples Party (APP)Amb Osalumese Areloegbe on Thursday morning collapsed the structure for the governorship candidate of the Peoples Democratic Party (PDP), Dr. Asue Ighodalo and his running mate, Osarodion Ogie Esq.

Addressing journalists at the party secretariat in Benin City, Areloegbe said his decision to collapse the structure for the PDP candidate was because he believed that Ighodalo had all it would take to govern the state to greater heights.

According to him, I urged all my followers and supporters to disregard any information that I have aligned with the All Progressives Congress (APC) governorship candidate, Senator Monday Okpebholo.

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“I am supporting Asue Ighodalo because he is competent, not that I am not competent but I believe Asue is on the forefront. That is my reason for supporting his candidacy.

“My party is aware because they have been having a series of negotiations for us to align with the APC, and I told them categorically that I am supporting PDP. My eighteen local government followers are in full support of my decision, I mean 100 per cent supporting the PDP candidate, Barr. Asue Ighodalo and his running mate, Barr. Osarodion Ogie in this election.

“My choice for Asue Ighodalo is because, apart from myself, I see him as the next better candidate that I can support and I can put my weight on because he has the capacity, mentally, physically and otherwise to pilot the affairs of Edo State to greater heights.

“The national secretariat of my party, APP – they are in Abuja and I am in the state, and know much more of what is happening in Edo State. They are not here and don’t know what is going on here in Edo. And I am in a position to tell them what will be better for the Edo people.

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“There is a parable that says, ‘You cannot shave a man’s head when he is not present’. I am here in Edo State and I know who to support and why I am supporting him. The national leadership might have taken a different tone, but this is what I and my followers have chosen.

“We had a series of other politicians who had made such decisions before. That is why I agreed with the support of my supporters to collapse my structure for the governorship candidate of the PDP Barr. Asue Ighodalo and his running mate, Barr. Osarodion Ogie.”

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SAD! Woman reportedly d!3s in Osun building c0llapse

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By Kayode Sanni-Arewa

A resident of Ifetedo in Osun State, simply identified as Idowu, had reportedly died in an incident of collapse building that occurred in the town.

The collapsed structure was said to be a dilapidated building that suddenly caved in and killed the woman.

A resident of Ifetedo, simply identified as Ogunyemi, while speaking to The PUNCH on Thursday, said operatives of the Nigeria Security and Civil Defence Corps, responding to a distress call, were at the scene of the incident.

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Some NSCDC operatives rushed to the scene after they were informed of the incident. They were joined by some other people in the community.

Idowu was the only person in the building when the incident happened. She was brought out dead from the rubble.

“The incident caused panic in Omiloode Area, where the building is located. The building that collapsed is a dilapidated structure,” Ogunyemi said.

Osun NSCDC Public Relations Officer, Kehind Adeleke, when contacted confirmed the incident, adding that the scene was immediately cordoned off by security men.

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“An abandoned dilapidated building located along Omiloode Street, Ifetedo collapsed and killed one Mrs Idowu, who was said to be around the structure when the incident happened.

“The tragic incident occurred at about 17:30 hours on Tuesday.

“Officers and men of NSCDC Ife South Division, upon getting information rushed to the scene of the incident for rescue operation. But unfortunately, the woman had passed on. She was brought out of the rubble dead. The site was immediately cordoned off,” Adeleke said.

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