Dele Momodu, the publisher of Ovation magazine and a prominent media entrepreneur, has penned a candid open letter to President Bola Tinubu, expressing his deep concerns over the state of the nation and offering pointed advice. Despite his opposition status, Momodu underscores his longstanding relationship with the President and emphasizes his commitment to delivering the truth.

Nigeria’s Economic Crisis

Momodu begins by highlighting the dire economic situation, stating, “Nigeria is in big trouble. Our economy has virtually collapsed.” He criticizes the government’s extravagant spending during a period that demands strict frugality, pointing to purchases of presidential jets, construction of lavish monuments, and the distribution of cash as palliatives. According to Momodu, such actions signal a failed and careless administration. He urges President Tinubu to curb excessive spending to free up resources for essential development.

Performance Over Politics

Addressing the President’s apparent desire for a second term, Momodu advises that the best path to re-election lies in tangible performance, not in reckless expenditure. He calls for investments in vocational skills for the youth, local agriculture, and educational institutions. He dismisses the strategy of cash distribution through politicians as “unhealthy and unhelpful,” labeling it the “height of cluelessness.”

Beware of Flattery and Enforce Discipline

Momodu warns President Tinubu to be wary of sycophants in the National Assembly who have turned him into a deity. He specifically mentions Ndume as a trustworthy ally and stresses the importance of listening to genuine advice. Furthermore, Momodu calls for strict enforcement of discipline within the leadership, citing Nyesom Wike’s public disrespect over the Fubara matter as a situation requiring immediate sanction to prevent national chaos.

Momodu concludes by acknowledging that he does not expect President Tinubu to act on his suggestions but hopes his words will resonate during a moment of reflection.

The Economic and Financial Crimes Commission (EFCC) has secured the conviction of six internet fraudsters.The fraudsters, who specialised in Business E-mail Compromise (BCG), internet fraud, and other related offences are: Chisom Emmanuel Odom; Isajimi Joshua; Tafa Basit; Adeleye Oladele Benjamin, Chukwu Simon and Amoo Tunmise.

They were sentenced and convicted by different Federal High Court judges at the Federal Capital Territory on charges bordering on internet frauds.The convicts’ problems started when residents of their respective neighborhoods petitioned the EFCC, alleging them of suspicious lifestyles as signals of criminality.

Investigation by the Commission revealed that the fraudsters converted their residences to dens, where they were operating freely and defrauding members of the public.Items discovered from them, upon their arrests, were electronic gadgets, ranging from sophisticated computer systems, software and hardware devices, browsers amongst others.

They were subsequently charged to different courts where they pleaded guilty.Justice F.O.G Ogunbanjo, convicted and sentenced Odom and Joshua while Justice Ojukwu of Federal High Court, convicted Benjamin to two years imprisonment. She also convicted and sentenced Tunmise and ordered him to pay a fine of N1million.In the same vein, Justice Binta Nyako convicted and sentenced Simon and Basit to six months and three months respectively.

EFCC

Senator Orji Uzor Kalu received a rousing welcome when he returned to Abia state on Monday, July 27, months after he was released from prison…

Recall that in December 2019, the former Abia state governor was sentenced to 12 years in prison after he was convicted for N7.1bn fraud alongside his firm, Slok Nigeria Limited, and a former Director of Finance during his tenure, Ugo Udeogu.

The Supreme court on May 8, 2020, then nullified Kalu and Udeogo’s conviction on grounds that the presiding judge, Justice Mohammed Idris, lacked the jurisdiction to have presided over their case. He was released from Kuje prison on June 3, 2020.

On Monday, July 27, he made a triumphant return to the state and was received by his teeming supporters.

See photos below.

John Ayogu