Nigerian Presidency Dismisses Notions Of Aso-rock ‘Cabal’

Obasempire reports that rumors of a potent ‘cabal’ amassing power in Aso-rock to seize control of President Bola Ahmed Tinubu’s administration have been quashed by the Nigerian Presidency.

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During an appearance on TVC Politics on Sunday, Ajuri Ngelale, a media aide to the President, revealed that no individual or group could wield authority over the President’s decisions.

Ngelale clarified that the President had structured his government to prevent any single official or faction from exerting undue influence capable of hijacking governance.

He stated, “We are fortunate to have elected not just a professional accountant, but a professional auditor who comprehensively understands governance mechanisms, not only at the federal but also at the sub-national level.

No individual in the Presidency monopolizes what the President sees, hears, and reads. This intentional setup ensures that no one wields such power.”

“He maintains open communication with heads of intelligence agencies, anti-graft agencies, and others,” Ngelale continued, emphasizing the President’s accessibility to those who require it.

Ngelale highlighted the reputation of the current CBN Governor, Mr. Olayemi Cardoso, known globally for his prudent management of resources.

President Tinubu deliberately appointed such individuals to maintain fiscal discipline.

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Furthermore, Ngelale underscored the President’s commitment to instituting safeguards against past irregularities, including legislative changes to prevent future occurrences.

“He’s determined to close loopholes, just as he did in Lagos State years ago,” Ngelale asserted, emphasizing President Tinubu’s background as an auditor and accountant.

The Presidency’s firm stance aims to thwart elite conspiracies and ensure accountability in governance, signaling a robust commitment to transparent and effective leadership.

Access Bank’s CEO Herbert Wigwe Killed In California Helicopter Accident

Obasempire reports that the CEO of Access Holdings, Dr. Herbert Wigwe has passed away.

He lost his life in a helicopter crash with approximately five others in California, United States on Friday evening.

It has been confirmed that his spouse and child, as well as former Chairman of the Nigerian Exchange Group, Abimbola Ogunbanjo, were among the five others in the crash.

Reports indicate the helicopter was en route to Las Vegas when it crashed near a border city between Nevada and California on Friday night. The US government has confirmed that all on board perished.

Herbert Onyewumbu Wigwe was born on 15 August 1966 in Ibadan. He served as the CEO of Access Holdings Plc until his passing, traded as Access Corporation.

He held the position of Group Managing Director/CEO of Access Bank Plc, one of Nigeria’s leading five banking institutions, following his succession of his business partner, Aigboje Aig-Imoukhuede, in January 2014 until April 2022.