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Gov Fayose Sinks Deeper

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By Our Correspondent

Embattled Ekiti State Governor, Ayodele Fayose, may be sinking into deepr trouble with the Economic and Financial Crimes Commission (EFCC) following revelations by  one of the owners of the houses traced to him that the Governor actually bought a house worth N550 million from them. A top official of Still Earth Ltd and Signachorr Nigeria Ltd, that sold one of the properties to Mr. Fayose, said they will cooperate with the EFCC in its investigations of the source of funding of the embattled governor’s campaign in 2014, just as he disclosed that, Fayose was merely crying wolf as the Governor actually bought a property in Lagos at the cost of N550. The EFCC has been investigating Ayo  Fayose for allegedly collecting the sum of N1.2 billion from the Office of the erstwhile  National Security Adviser Col Sambo Dasuki through former Minister of State for Defence, Senator Musiliu Obanikoro. The EFCC which has since placed Ayo Fayose’s N1.299 billion bank account with Zenith Bank on freeze, has been pushing for the indictment of the Governor, but the Governor is challenging EFCC actions in the court. nationalTRAIL gathered that no fewer than seven houses have so far been  allegedly traced to the Ekiti State Governor by the EFCC all of which are suspected to have been purchased during his  he return to to office in 2014. A source from the sellers of one of the properties to the Governor told us that, Ayo  Fayose paid a deposit of N400 million for the said property through his close ally, Abiodun Agbele, who has been in EFCC custody, with a  promise to pay the balance later. The balance of N150 Million, we learnt  was later paid not through the same person that made the deposit or by himself, but it was paid through a company, Samchese Nigeria Limited. Unfortunately for Ayo Fayose, the EFCC was to later discover that the said Samchese Nigeria Limited is a contractor to Ekiti state Government, which fuelled speculations that the balance was actually a kick-back due to the Governor. Reports earlier quoted an official of Still Earth Ltd and Signachorr Nigeria Ltd, who spoke on conditions of anonymity, as saying the company will not hide anything from the EFCC since it was a genuine transaction and they didn’t know the money Fayose paid was from kick- back or NSA Office. “I want to tell you that we are a reputable company and have nothing to hide. We engaged in genuine transaction with Mr. Fayose and all the documents are there, he was quoted as further saying, noting, “We will not hide anything from the EFCC or any government agency that may be interested in the matter because our hands are clean. “Nobody is trying to implicate the Governor, he should own up now because we are not ready to play any dirty game with him as he did with Zenith Bank,” the source said. The EFCC has in an affidavit deposed to by one of her operatives stated in support of the freezing of Fayose’s account, that, “apart from fraudulently retaining the sum of N1, 219,490,000.00 being part of the N4, 745,000,000.00 stolen from the treasury of the Federal Government through the office of the National Security Adviser, the
Applicant (Fayose) has also received gratification in form of kick back from various contractors with the Ekiti State Government, such as Samchese Nigeria Ltd, Tender Branch Concept Nig. Ltd, Hoff Concept Ltd, Calibre Consulting Ltd “That the Applicant received these kick-backs and gratification through Still Earth Ltd and Signachorr Nigeria Ltd. “That, in turn, the Applicant (Fayose) instructed the Still Earth Ltd and Signachoor Nigeria Ltd to use the funds to acquire properties for him. “That in complying with the Applicant’s instruction, Still Earth Ltd and Signachoor Nigeria Ltd, acquired properties on behalf of the Applicant in the name of a company known as J.J. Technical Services Ltd belonging to the applicant and his wife. Attached and marked Exhibit EFCC 08 are
copies of the deeds of assignment for the said properties. The N1.2 billon being investigated is believed to be part of $2.1 billion meant for arms purchase but diverted for political purposes by the presidency through the office of erstwhile NSA Sambo Dasuki. These developments are coming amidst widespread protests by Ekiti citizens, who have risen against their Governor, for amassing so much wealth to himself at a time when workers are not being paid their salaries, pensioners are dying and citizens have been suffering from want. nationalTRAIL reports that, Ekiti indigenes seem to be regretting their actions in electing Ayo Fayose, who some of them described as being half literate, uncultured and encourages thuggery across the state.

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BREAKING: Senate to Engage US Lawmakers Over Alleged Christian Genocide in Nigeria

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By: Fabian Apechihin

The Nigerian Senate is set to engage with US lawmakers following renewed debate on alleged targeted attacks against Christians in the country.

The controversy intensified after American TV host Bill Maher, on his HBO program, described the situation as a “silent genocide,” accusing Western media of downplaying mass killings by Boko Haram, ISIS-West Africa, and Fulani militias. He cited claims that over 100,000 Christians have been killed since 2009 and thousands of churches destroyed.

Maher’s remarks were echoed by Republican Congresswoman Nancy Mace, who argued that the crisis had not received the international media attention it deserves.

Government Rejects Genocide Narrative
In response, Nigeria’s Minister of Information and National Orientation, Mohammed Idris, dismissed the claims as misleading and divisive. He emphasized that terrorist groups do not target Christians alone, insisting that Nigerians of all faiths—including Muslims and non-religious citizens—have suffered at the hands of violent extremists.

“Portraying Nigeria’s security challenges as a religious war is a gross misrepresentation of reality,” Idris said.

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Nigeria @ 65: The Worst Is Over, We’ve Turned a New Corner — Tinubu

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By: Fabian Apechihin

President Bola Ahmed Tinubu, in his Independence Day broadcast marking Nigeria’s 65th anniversary, assured citizens that the country has overcome its toughest challenges and is on the path to recovery.

Honouring the Founding Fathers

Tinubu paid tribute to the sacrifices of Nigeria’s independence leaders, including Herbert Macaulay, Nnamdi Azikiwe, Tafawa Balewa, Obafemi Awolowo, Ahmadu Bello, Margaret Ekpo, Anthony Enahoro, Michael Okpara, Aminu Kano, and Funmilayo Ransome-Kuti.
“They believed it was Nigeria’s manifest destiny to lead the black race as the largest black nation on earth,” he said.

Journey So Far

Reflecting on six decades of nationhood, the President noted that Nigeria had endured a civil war, military dictatorships, and political crises but survived with “courage and grit.”
“At Independence, Nigeria had only 120 secondary schools and two tertiary institutions. Today, we have over 23,000 secondary schools, 274 universities, 183 polytechnics, and 236 colleges of education,” he said, adding that the country had made “remarkable progress” in healthcare, telecommunications, aviation, and infrastructure.

Tough Reforms, Signs of Recovery

Tinubu said he inherited a fragile economy distorted by decades of poor policies but chose reform over inaction.
“Our administration ended the corrupt fuel subsidy regime and abolished multiple foreign exchange rates that enriched a few while impoverishing the majority,” he stated.
According to him, the measures are yielding results:

  • GDP grew by 4.23% in Q2 2025, the fastest in four years.
  • Inflation fell to 20.12% in August, the lowest in three years.
  • ₦20 trillion was realised from non-oil revenue by August.
  • Debt service-to-revenue ratio dropped from 97% to below 50%.
  • Foreign reserves climbed to $42.03 billion, the highest since 2019.
  • Oil output rebounded to 1.68 million barrels per day, while Nigeria refined petrol domestically for the first time in four decades.
  • The stock market surged from 55,000 points in May 2023 to 142,000 points by September 2025.

“The worst is over. Yesterday’s pains are giving way to today’s relief,” the President declared.

Tackling Insecurity

Tinubu said security agencies were making gains against insurgency, separatism, and banditry.
“Hundreds of communities have been liberated, with thousands of displaced persons returning home. We salute the gallantry of our armed forces,” he said.

Investing in Youth

Describing young people as Nigeria’s “greatest asset,” Tinubu highlighted ongoing programmes:

  • NELFUND Student Loans: ₦99.5bn disbursed to 510,000 students.
  • Credicorp Loans: ₦30bn given to 153,000 Nigerians for solar, housing, transport, and digital devices.
  • YouthCred: Credit support extended to NYSC members.
  • iDICE Programme: Partnership with AfDB, AFD, and IsDB to boost innovation in digital and creative sectors.

Call for Collective Effort

Acknowledging that reforms have caused temporary hardship, Tinubu urged Nigerians to remain steadfast.
“Our progress must not be measured by statistics alone, but by food on our tables, quality of education, electricity in our homes, and safety in our communities,” he said.

He called on citizens to embrace productivity, pay taxes, support local industries, and contribute to nation-building.
“The dawn of a new Nigeria is here — self-reliant, prosperous, and united. With God on our side, we will overcome. Let all hands be on deck,” he concluded.


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Bandit Kingpin Releases 28 Captives in Katsina Following Peace Deal

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A total of 28 persons abducted by suspected bandits in Faskari Local Government Area of Katsina State have been released without ransom following a peace arrangement with bandit kingpin.

The bandits, led by their commander identified as Isya Akwashi Garwa, handed over the captives to officials of the council on Wednesday.

Zagazola  reports that those released were largely residents of Mairua, Kanen-haki and Yar Dabaru communities.

Local authorities confirmed that the release was the outcome of a reconciliation effort initiated in the area to restore peace and reduce violent attacks.

Community leaders in Faskari described the development as a positive signal and urged both sides to sustain the peace process. They also urged the bandit to force other bandits still attacking in the area to stop.   

A council official, who spoke on condition of anonymity, said: “The captives were released this afternoon without any ransom being paid. The bandit leader fulfilled his promise under the peace talks,”he said.

Meanwhile, residents expressed relief at the safe return of the abductees, with some calling for stronger security guarantees to consolidate the gesture.

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