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Ondo’s Akinterinwa emerges chairman forum of commissioners of finance

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Ondo State commissioner of finance, Adewale Akinterinwa, gas emerged as the chairman of the Forum of Commissioners of Finance in Nigeria.

The forum, consisting of the 36 states finance commissioners in Nigeria, picked Akinterinwa as chairman as a result of his sterling perfomance in managing the economy of Ondo State.

This is coming barely few weeks after the presitigious Yoruba Study Group honored Akinterinwa with an award for his excellent handling of the finances of the sunshine state.

These are just a few of the many awards that have come his way in recent times.

Akinterinwa, like the proverbial gold fish that he is, has become one of the most-sought after finance expert in the country. His mastery of matters of finance has made him the star boy among his peers.

Nowhere is his uncommon knowledge of finance more pronounced and appreciated than the places he has worked, both in private and public practices. His good deeds and excellent track records have become a badge of honour which he wears with great pride.

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His sure-footed steps in taking bold decisions sets him apart from the crowd. He recently described himself thus:
“I am a corporate finance professional, with strong Managerial, Strategy, Finance and Accounting background with more than 25 years of excellent training, strategic leadership, mentoring and entrepreneurial prowess in diverse areas of investment banking, project finance and management, venture capital, real estate development, finance and management consulting and public sector engagement.”

Akinterinwa’s hard work and understanding of the biblical qoute, ‘seest thou a man diligent in his business? He shall stand before kings; he shall not stand before mean men’, has made him one of the most-sought after game changer by state governments and top corporate entities across the country and abroad.

Young and energetic Akinterinwa was one of the beautiful brains behind the huge turn around and success story of the Lagos real estate industry, when between 1999 and 2002, as a special assistant on investment and strategy to the CEO, he worked with his team to turn the wobbling corporation into a viable, profitable, self-financing and self-sustaining entity,

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In the private sector, he founded Gideon Trust Investment Limited in 2003. As executivvice chairman/CEO, his roles included supervision of the company in conjunction with the board. He was also responsible for the development, creation, establishment and implementation of business generation strategies for the group, spanning various sectors of the economy, including lease finance, venture capital, capital market, real sector, real estate development and management consulting.

Between 2010 and 2016, Akinterinwa was chair of Gideon Trust Micro-Finance Bank Ltd. His job included, but not limited to development, creation, establishment and implementation of business generation strategies for the bank. This spanned various sectors of the economy including Lease Finance, Venture Capital, Capital Market, Real Sector.

He would later be tapped by his home state of Ondo to help replicate his Lagos success story as the state commissioner for finance. Though his stint at the ministry was shortlived, but he had put in place lasting structures that have helped put the state better standing for future challenges.

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Between 2015 and 2017, he veered into the energy sector as a board member/non-executive director of Emergent Power and Energy Dev. Company Ltd. He was in charge of giving the company the much-desired strategic direction and concept management in conjunction with other board members.

Highly cerebral and cosmopolitan, Akinterinwa could not be drawn away from his first love – accountancy- as he was again tapped by Arakunrin Oluwarotimi Akeredolu in 2017, to help manage the finances of the state and put it in better shape after a perilous past.

Expectedly, Ondo State is reaping the decision of the governor to tap one of the best brains from the state to manage it’s finances.

From 2017 when he assumed office as the commissioner for finance, the state has been on a steady rise with disciplined fiscal measures.

Now the outside world is aware of the positive impact of the suave man and has decided to honour him.

 

SEGUN AJIBOYE

 

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Police bust high-tech indoor Cannabis farm in Lagos, arrest two suspects

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The Lagos State Police Command says its operatives have uncovered a suspected high-tech indoor cannabis farm at a residential property in the  Apapa,l area of the state.

The suspects are a 49-year-old Polish national and a 36-year-old Nigerian.

According to the police, the suspects are Thomas Razvickas and James Chisome, both of whom reportedly reside at the property where the facility was discovered.

The operation was carried out on November 2 at about 8:15 a.m., following credible intelligence received by police operatives, according to a statement issued on Tuesday by the Command’s Police Public Relations Officer, SP Abimbola Adebisi.

A search of the premises led to the discovery of a sophisticated indoor farming facility reportedly equipped for the cultivation, harvesting and processing of substances suspected to be cannabis.

The police said the two suspects had been taken into custody, adding that they had made confessional statements and were providing useful information to assist ongoing investigations.

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The Commissioner of Police in Lagos State, CP Tijani Fatai, visited the scene to inspect the facility, assess the scale of the operation and receive a briefing on the investigation.

Fatai commended the operatives for their vigilance and intelligence-led policing, while reaffirming the Command’s commitment to tackling drug-related offences and dismantling criminal networks in the state.

He also appreciated members of the public for providing credible information and urged residents to sustain their cooperation with the police.

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Troops kill ISWAP commanders, two Arab fighters in Borno

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The gallant troops of the Nigerian Army have killed Abu Hajara, a high-profile member of the Islamic State West Africa Province (ISWAP) Shura Council, and Abul Walid, a prominent commander and close associate of Ba Shuwa, the group’s overall Wali (leader).

In astatement issued on Sunday, the acting media information officer of Operation Hadin Kai, Mohammed Goni, said that two other high-ranking Arab fighters were also killed during the engagement in Kukawa LGA of Borno state on October 31.

Goni said the attack came three days after troops killed 55 terrorists, including three key commanders.

“Combined troops of Joint Task Force deployed in Kukawa defeated massive ISWAP terrorists attack on their locations and troops utilised both ground and air assets from the air component,” the statement reads.

“Following the engagement, troops recovered scores of arms, ammunition and communication devices.

“The successful engagement further demonstrates the combat readiness, vigilance and superior firepower of Operation HADIN KAI troops in sustaining pressure on terrorist elements across the theatre.

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“The attack on troops location at Kukawa comes barely 3 days after Buni Yadi attack where as at date 55 terrorists were neutralised including key commanders such as Ali Mandara Abba Gajiri (Munzir), Habu Ikkima Nakif Yana Faruk and Commander Gogore.”

Goni described the killing of the ISWAP fighters as a “significant blow to the leadership and operational capability” of the group.

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Jailed Osun monarch drags Adeleke to court over plan to replace him

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Dethroned Oba Joseph Oloyede, Apetumodu of Ipetumodu in Osun State, who is presently serving jail time in the United States of America for offences bordering on fraud, has dragged the Osun State Governor, Ademola Adeleke, before the court, asking it to stop him from filling the stool.

Oloyede, who is the second claimant in suit no. HIF/50/2026, in his motion on notice filed before an Osun State High Court sitting in Ile-Ife, alleged that Adeleke did not formally inform him of any infraction he committed before embarking on the process to replace him.

He is seeking an order of the court stopping the governor or any of his officials from filling the stool of Apetumodu until the substantive suit was determined.

Other claimants in the matter include Prince Oyewusi Adewusi, Prince Isaac Adewuni, and Prince Abiodun Oyetoro, for themselves and on behalf of other members of the Latimogun Royal Family of the Aribile Ruling House of Ipetumodu.

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Aside from Adeleke, other defendants in the matter are the Osun State Attorney-General and Commissioner for Justice, the Commissioner for Local Government and Chieftaincy Affairs, Chief Afolabi Adedeji, the Asalu of Ipetumodu and the head of the kingmakers, Chief Adesoye Babalola, the Malefon of Ipetumodu, and the Ife North Local Government.

The motion on notice filed by Oloyede, dated September 16, 2026, partly read, “An order of interlocutory injunction restraining the defendants/respondents either by themselves or through their servants, agents or privies from taking any step to fill the stool of the Apetu (Apetumodu) of Ipetumodu or appoint any person in place of the 2nd claimant who is the occupant of the Apetu’s stool, pending the hearing and final determination of this suit.

“That in The Guardian Newspaper of May 11, 2026 (online edition), it was alleged that the 2nd claimant/applicant has, by order/instrument purportedly signed by the 1st defendant on May 7, 2026, been deposed from office as the Apetumodu of Ipetumodu without any lawful basis.

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“That there was no time the 2nd claimant/applicant was informed by the 1st-3rd defendants of any wrongdoing before the issuance of the publication contained in the said Guardian Newspaper and the purported instrument or order of deposition.”

The hearing in the matter was, however, stalled on Monday, following non-service of hearing notices on the parties in the case.

During the day’s proceedings, only the claimants’ counsel, O. Ogbewe, and counsel for the 5th defendant, Soji Oyetayo, entered appearances.

Addressing the court, Ogbewe said he had served the defendants with the processes regarding the case.

But Oyetayo, counsel for the 5th respondent, Adesoye Babalola, said hearing notice had not been served on him by the claimants.

Oyetayo subsequently urged the court to adjourn the matter for the claimants to serve all the defendants’ hearing notices.

In his ruling, Justice Dapo Adeniji adjourned the case to January 21, 2027, and ordered that fresh hearing notices be issued and served on the defendants.

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It would be recalled that Adeleke approved the deposition of Oba Oloyede as the Apetumodu of Ipetumodu, following his conviction in the US on tax fraud and money laundering charges.

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