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Tinubu’s special investigator, Jim Obazee requests over N2bn from CBN governor as apex bank officials raise
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.
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.
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.
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.
”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.
”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.
”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.”
News
TES Community, NSIBIDI Project and Armstrong Agoreyo Host Successful Art Exhibition in Derby
By Kayode Sanni-Arewa
The recently concluded art exhibition Light in the Shadows: Stories of Hope, hosted at Banks Mill Studio, Derby, United Kingdom, has been hailed as a resounding success. Organized by TES Community and the NSIBIDI Project, with visionary contributions from Armstrong Oke Agoreyo, the three-day event drew nearly 200 attendees, showcasing the transformative power of art in fostering empathy, inclusion, and resilience.
The exhibition, which celebrated the creativity and resilience of individuals with Special Educational Needs (SEND), owes much of its success to Armstrong Oke Agoreyo.
As the Coordinating Artist, Armstrong not only conceptualized the exhibition’s theme but also played a pivotal role in bringing it to life.
He approached both TES Community and the NSIBIDI Project with the idea, tirelessly managing the participating artists and curating an impactful collection of works that highlighted the diversity of Derby’s artistic talent, particularly from minority communities. His leadership underscored the ability of art to bridge divides and create meaningful connections.
“Armstrong’s dedication to this project was extraordinary,” said Akindayo Akindolani, Executive Director of TES Community.
“From gathering award-winning artists to ensuring that the exhibition truly represented the voices of resilience and hope, his efforts have left a lasting impact.”
The exhibition featured some of Derby’s finest talents, including Armstrong himself, alongside Ayodeji Kingsley, Chike Felix Uzoka, Ed Heron, and Orinsunayo Akinniran.
Their works explored themes of healing, transformation, and identity, resonating deeply with attendees.
Notably, the exhibition also included Dan Webber, an award-winning Derby-based poet and producer, whose live poetry performances added a captivating auditory element to the visual showcase.
Among the standout stories was that of Clef Skyers-Aakerstrom, whose artistic journey began after a life-altering accident. Her work became a symbol of healing and transformation, inspiring attendees and reminding them of the power of resilience.
Reflecting on the success of the exhibition, Armstrong shared:
“This exhibition was a labor of love. I am deeply grateful to the artists, TES Community, and the NSIBIDI Project for believing in the vision and for working tirelessly to make it a reality. Seeing the impact on the attendees and the connections forged through the art has been incredibly rewarding.”
The event also laid the groundwork for future initiatives.
Building on its success, TES Community and the NSIBIDI Project announced plans to launch free art workshops and online training for young people in early 2025, aiming to empower creativity and support personal growth within the community.
The overwhelming success of Light in the Shadows: Stories of Hope has cemented its legacy as more than just an exhibition. It was a platform for storytelling, a celebration of resilience, and a call to action for inclusion and creativity, driven by the vision and determination of Armstrong Oke Agoreyo and the collaborative spirit of all involved.
News
BREAKING: Gunshots As Gunmen Abduct Anambra Lawmaker Returning Home For Christmas
By Kayode Sanni-Arewa
The Anambra State Police Command has confirmed the abduction of Mr. Justice Azuka, a member of the Anambra State House of Assembly representing Onitsha North Constituency.
Azuka was reportedly kidnapped on Tuesday night, December 24, 2024, along Ugwunapampa Road in Onitsha while returning home.
In a statement, Police Public Relations Officer Tochukwu Ikenga revealed that the Command has “activated operational plans for the possible rescue and arrest of the kidnappers.”
According to Ikenga, Azuka was taken around 9:20 pm by unidentified gunmen, and the police are working on some leads to facilitate his rescue.
The incident has heightened concerns about the growing insecurity in the region, particularly the spate of kidnappings targeting public figures. Residents of Onitsha have expressed fear over the safety of the area, calling for increased security measures. Authorities have urged the public to remain calm and cooperate by providing any information that could assist in locating the lawmaker and apprehending the perpetrators. As the investigation continues, the Anambra State Government has yet to issue an official statement on the incident.
This abduction marks another troubling development in the ongoing battle against insecurity in Nigeria, further underscoring the need for robust measures to protect citizens and public officials
News
Christmas day tragedy: Many feared dead as Nigerian Military Jet Bombs Sokoto Communities In Error
By Kayode Sanni-Arewa
A fighter jet targeting the notorious Lakurawa terrorist group has mistakenly bombed two communities in the Silame Local Government Area of Sokoto State, leaving many feared dead and several others injured.
The tragic incident occurred in the wee hours of Wednesday, December 25, 2024, affecting the villages of Gidan Sama and Rumtuwa. Villagers Caught in Airstrike.
Eyewitness accounts reveal that the villages, situated near the Surame Forest—a known hideout for Lakurawa terrorists and bandits—were unintentionally targeted during the airstrike. Residents described the moment bombs started dropping on the peaceful communities, catching the villagers unawares.
A source revealed that at least 10 people had been confirmed dead, while others sustained varying degrees of injuries.
Local officials, however, are still working to assess the full extent of the casualties and damage.
The chairman of Silame LGA, Alhaji Abubakar Muhammad Daftarana, expressed his deep sorrow over the incident.
“The villagers were innocent and peace-loving people with no criminal records.
“We are still assessing the development and cannot yet confirm the exact number of casualties,” Daftarana stated.
The Sokoto State Police Command has declined to comment on the incident, stating it was not a police operation.
Rising Concerns Over Lakurawa Terrorist Group The Lakurawa group has been linked to increasing attacks in the northern region of Nigeria, prompting calls for a specialised paramilitary force to counter their activities.
Prominent Islamic cleric Sheikh Ahmad Gumi recently urged the federal government to prioritise action against the group, describing their growing presence as a significant security challenge.
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