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Update : $32 million fraud: Princess Toyin Kolade debunks allegation, fault detractors’ pull down tactics

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With the current story making the round about seasoned businesswoman Princess Toyin Kolade, Iyalaje Oodua, the head honcho of Fisolak Global Resource over an alleged fraud case relating to her client, the business woman has distanced herself from the said case, claiming she has been exonerated in the past but the Police Special Fraud Unit, SFU over the years.

The report claimed that she and her company is currently enmeshed in some fraudulent act but to set the records straight, she averred that; she was contacted by the said foreign national to clear some goods for them which she did and got paid for the services her company rendered. 

The said Indian nationals who supposedly got loans from the bank at no point involved Princess Toyin in their dealings and whatever transpired between the Indian nationals and the bank is not in anyway her concern. As we speak, the Indians forfeited their properties and other valuables which the bank sold to recover their debt they have also left the country.

The philanthropist also disclosed that; “I am never a fraudulent nor dubious person and those who know me well can attest to the fact. I have been audited and exonerated by the Police Special Fraud Unit whom after thorough investigation found out that the issue had nothing to do with me. They wrote to me and my company in person and pleaded. The case ended more than 5 years ago. It was recently revisited and they are still attaching me and my company to the legal process which should originally not be so. I am just clearing agent who only worked for the accused and got paid. I keep records and I have the documents still intact till date for records purpose. So the unnecessary clamor for my detractors to exploit this avenue to make disparaging comments and unfound assertions about me is uncalled for. The said story is being syndicated by an individual with questionable character who feels intimidated by my numerous achievements ever since I was conferred with the title as Iyalaje Oodua by the Ooni Of Ife.”
“The more they throw their punches it won’t still get to me. I know the person behind it and I pray they heal very fast and come to bear in mind that who God has blessed no man can curse. I am a moving train and I am not intimidated nor perturbed by the lingering rumors. They are all lies from the pit of hell. I am not a fraudster. I work hard for my money. I have instructed my lawyer to take a legal action against those responsible for the inclusion of my name in this issue when the court finally exonerate me.”

Thorough findings further confirmed that the mischievous report flying about town was just concocted based on the unavoidable absence of her lawyer, Barr. Olapade Awowole, who couldn’t make it to the court on Thursday, 4th of November.

However, the legal counsel, Awowole had reiterated his determination to attend the court proceeding tomorrow, 9th of November to get his client’s name off the mess.

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Just IN : Relief in Kaduna as Soldiers Rescue 31 Kidnapped Easter Worshippers

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Troops of the Nigerian Army have rescued 31 civilians abducted during an Easter church service in Ariko Village, Kachia Local Government Area of Kaduna State.

The rescue followed a distress call reporting that terrorists had invaded an ECWA Church in the community and abducted worshippers during the service.

In a statement posted on its X handle on Sunday, the Army said that upon receiving the information, troops swiftly mobilised to the scene and, with the support and guidance of members of the Ariko community, advanced in pursuit of the fleeing attackers.

The Army said the troops engaged the terrorists in a fierce firefight, overpowering them with superior firepower.

“Troops of the Nigerian Army, through a swift response, successfully foiled a terrorist attack, leading to the rescue of 31 civilians abducted during an Easter church service in Ariko Village, Kachia Local Government Area of Kaduna State.

“The swift response followed a distress call reporting the abduction of worshippers during an Easter service at an ECWA Church in Ariko Village. The troops, on receipt of the information, promptly mobilised to the scene. With the support and guidance of members of the Ariko community, they advanced in pursuit of the fleeing terrorists and engaged the criminals in a fierce firefight, overwhelming them with superior firepower.

“The pressure mounted by the advancing troops forced the terrorists to abandon 31 hostages, including one injured victim who is currently receiving medical attention,” the statement partly read.

However, the army disclosed that troops also recovered the remains of five victims already killed by the terrorists at the scene.

“Regrettably, the remains of five victims already killed by the terrorists were also recovered at the scene. The fleeing terrorists are believed to have sustained significant casualties, as evidenced by blood trails along their escape routes.

“Troops have since intensified pursuit operations to track the fleeing elements to their enclaves, with ongoing efforts aimed at rescuing any remaining captives and ensuring the perpetrators are brought to justice,” the statement added.

The army said additional troops had been deployed to the area to reinforce ongoing operations, enhance security presence, and prevent further threats to lives and property.

“To consolidate the gains recorded, additional troops have been deployed to the area to reinforce ongoing operations, enhance security presence, and prevent further threats to lives and property.

“The Nigerian Army reaffirms its unwavering commitment to the protection of citizens and the defence of Nigeria’s territorial integrity, in collaboration with other security agencies and local stakeholders. Troops remain resolute in sustaining offensive operations against all threats to national security.

“Members of the public are encouraged to continue supporting the Nigerian Army and other security agencies by providing timely and credible information, as collective vigilance remains vital to achieving enduring peace and stability,” the statement concluded.

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Breaking : Tinubu Moves to Fix Power Crisis with N3.3tn Debt Clearance

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President Bola Tinubu has approved a ₦3.3 trillion payment plan aimed at resolving long-standing debts in Nigeria’s power sector and boosting the reliability of electricity supply.

The plan addresses legacy debts accumulated between February 2015 and March 2025 under the Presidential Power Sector Financial Reforms Programme.

Following a comprehensive review, the government agreed on ₦3.3 trillion as a full and final settlement, ensuring transparency and fairness.

A statement issued on Sunday by the special adviser to the president on information and strategy, Bayo Onanuga, stated that implementation of the repayment plan has already begun, with fifteen power plants already signed settlement agreements totalling ₦2.3 trillion.

The statement read, “President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme.

“The debt repayment plan followed the final review of the legacy debts that have beset the power sector for more than a decade.

“The long-standing debts accumulated between February 2015 and March 2025. Following verification, ₦3.3 trillion has been agreed as a full and final settlement, ensuring a fair and transparent resolution.

“Implementation has begun, with 15 power plants signing settlement agreements totalling ₦2.3 trillion. The Federal Government has already raised ₦501 billion to fund these payments. Out of the amount, N223 billion has been disbursed, with further payments underway.

“What this means for Nigerians: With payments reaching the power value chain, generation will be more stable. With power plants supported, electricity reliability will improve.”

Commenting on the development, the Special Adviser on Energy to the President, Olu Arowolo-Verheijen, explained that the settlement would improve electricity reliability by stabilising the power value chain.

“This programme is not just about settling legacy debts. It is about restoring confidence across the power sector — ensuring gas suppliers are paid, power plants can keep running, and the system begins to work more reliably,” she said.

The adviser added that the reforms are part of broader initiatives, including better metering and service-based tariffs that link consumer payments to the quality of electricity received.

Priority will also be given to supplying electricity to businesses, industries, and small enterprises to support job creation and economic growth.

“The goal is simple: more reliable power for homes, stronger support for businesses, and a system that works better for all Nigerians,” Arowolo-Verheijen said.

President Tinubu commended all stakeholders involved in resolving the legacy issues and confirmed that the next phase of the reforms, Series II, will commence this quarter.

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Easter : Senator Araraume urges Nigerians to embrace sacrifice, renewed hope, prays for Tinubu’s leadership

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..…Says Christ’s resurrection symbolises Nigeria’s rising from challenges to glory

,,,,Commends President Tinubu’s bold reforms, calls for continued prayers

As Christians across Nigeria and the world celebrate Easter, a chieftain of the All Progressives Congress (APC), Senator Ifeanyi Godwin Araraume, has called on Nigerians to embrace the virtues of sacrifice, forgiveness, and renewed hope which the resurrection of Jesus Christ symbolises.

In his Easter message, which he personally signed, the former governorship candidate of Imo State reflected on the profound significance of the season, describing Easter as a divine testament that no night lasts forever, and that after every crucifixion comes a glorious resurrection.

“Easter is not merely a festival; it is a spiritual declaration that darkness does not have the final word. As Christ rose triumphantly on the third day, I believe Nigeria, too, is rising from every challenge to meet her God-ordained destiny,” Araraume stated.

The APC chieftain used the occasion to offer fervent prayers for President Bola Ahmed Tinubu, whom he described as a courageous leader steering the ship of state through turbulent but necessary waters.

“I pray that the God who raised Christ from the dead will raise every help that President Tinubu needs to succeed. I pray for divine wisdom, physical strength, and uncommon protection over his life. Let no arrow of the wicked find its mark in his camp. May his labours for our nation yield fruits that generations yet unborn will celebrate,” Araraume prayed.

He further commended President Tinubu for his bold and far-reaching reforms, acknowledging that while the policies may demand present sacrifice from citizens, the long-term dividends will be peace, stability, and shared prosperity.

“Mr. President has shown that he has the heart of a reformer and the backbone of a statesman. These are not easy times, but great nations are forged in the furnace of difficult decisions. I call on all Nigerians, regardless of party or creed, to support this administration with patience and prayer,” the Senator added.

Senator Araraume also urged Nigerians to show love to one another, especially to the less privileged, the grieving, and the displaced, noting that the true essence of Easter is found in selfless giving and communal solidarity.

“Let us visit the orphanage, feed the hungry, and extend a hand to our neighbour in distress. That is the gospel in action. That is the Nigeria we must build together,” he said.

He wished all Christians a peaceful, joyous, and spiritually fulfilling Easter celebration.

Signed:
Senator Ifeanyi Godwin Araraume
Chieftain, All Progressives Congress (APC)

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