Court Adjourns To June 11 As Otudeko, Onasanya, FBN Pursue Settlement

Published

2 weeks ago

May 8, 2025

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Court Adjourns To June 11 As Otudeko, Onasanya, FBN Pursue Settlement

A Federal High Court sitting in Lagos, on Thursday, adjourned until June 11, for parties to continue their settlement talks, in the case between the Economic and Financial Crimes Commission (EFCC), First Bank, the Chairman of Honeywell Group, Oba Otudeko, and others.

Justice Chukwujekwu Aneke adjourned the case for a report of settlement, following the agreement by the parties that negotiations talks were still on.

Bode Olanipekun, SAN, who is representing Oba Otudeko, told the court that it was necessary to grant an adjournment of the case to allow the negotiations to continue.

The prosecutor, Mrs Bilikisu Buhari-Bala, confirmed the position to the court but added that the case be adjourned for report of settlement or an arraignment of the defendants, if the settlement talks breakdown.

The court has now adjourned the case until June 11 for report of settlement or arraignment.

Background

The EFCC had preferred a 13-count charge against Otudeko and a former Managing Director of First Bank Plc, Olabisi Onasanya.

Also charged is a former board member of Honeywell, Soji Akintayo and a firm, Anchorage Leisure Ltd.

At the last sitting of the court on March 17, Wole Olanipekun had informed the judge that a meeting involving all counsel had been convened at the instance of the Attorney General of the Federation.

He said that this was aimed at reaching a peaceful settlement of the case.

Olanipekun had also stated that substantial progress was made, and the AGF directed all parties to refrain from actions that could jeopardize the resolution process, including filing further applications.

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2027: NASS Leadership Endorses Tinubu

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19 minutes ago

May 22, 2025

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2027: NASS Leadership Endorses Tinubu—-The leadership of the National Assembly (NASS) on Thursday at the National Summit of the All Progressives Congress (APC) party, held in Abuja, endorsed President Bola Tinubu as their sole candidate for the 2027 presidential election.

The endorsement was moved by Sen. Godswill Akpabio, the President of the Senate, and seconded by Hon. Tajudeen Abass, the Speaker of the House of Representatives.

This followed an earlier endorsement of Tinubu as the sole candidate of the APC in the 2027 by Gov. Hope Uzodinma of Imo and Chairman of the Progressive Governors’ Forum.

Akpabio moved that Tinubu should be adopted as the sole candidate of the APC for the Presidency in 2027.

“Nigerians are saying that because you have done a difficult job well, that it is time to reward you by sending you back to the Presidency for a second term in office,” he said.

Akpabio said the endorsement was based on the political sagacity of Tinubu, whom he said had been able to set Nigeria on the path of growth as confirmed by the International Monetary Fund (IMF).

He said Nigerians and people at the grassroots were very excited, and that members of the National Assembly were also excited and had never had it so good.

Abass said he stood on behalf of 109 Senators and 360 members of the House of Representatives, and all the 36 Speakers and their members, to second the motion raised by the president of the senate.

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Politics

2027: APC Governors Endorse Tinubu As Sole Presidential Candidate

Published

2 hours ago

May 22, 2025

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2027: APC Governors Endorse Tinubu As Sole Presidential Candidate—-The Progressive Governors Forum on Thursday at the All Progressives Congress (APC) National Summit held in Abuja endorsed President Bola Tinubu as sole candidate for the 2027 presidential election.

The endorsement, which was moved by Gov. Hope Uzodimma of Imo and Chairman of the forum Chairman, was seconded by Gov. Uba Sani of Kaduna State.

Uzodimma, who spoke on behalf of the forum, emphasised commitment to mobilising resources and ensuring victory for Tinubu in their respective states.

The governors expressed confidence in Tinubu’s leadership and reforms, promising to deliver their states in the upcoming elections.

This endorsement follows similar moves by other APC regional leaders, including the North Central governors who recently passed a vote of confidence in Tinubu’s administration, praising his developmental strides and inclusive governance approach.

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