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Governor Ademola Adeleke To Be Installed As Asiwaju Of Ede Land Amidst Controversy and Celebration
Governor Ademola Adeleke To Be Installed As Asiwaju Of Ede Land Amidst Controversy and Celebration
Ede, Osun State, is abuzz with anticipation as preparations are underway for the grand installation ceremony of Governor Ademola Adeleke as the Asiwaju of Ede Land. However, amidst the fanfare, controversy simmers over the decision to confer this traditional chieftaincy title on the state’s leader.....KINDLY READ THE FULL STORY HERE▶
Senator Olalere Oyewumi, Chairman of the Central Planning Committee, defended the choice, citing Adeleke’s significant contributions to the growth and development of Ede and Osun State. Oyewumi emphasized the decision as a gesture of appreciation not only to the governor but also to the entire Adeleke dynasty, which has played a pivotal role in the region’s progress.
However, not all voices are singing praises. Wale Adebayo, Chairman of the Allied Peoples Movement and the Inter-Party Advisory Council of Nigeria, voiced concerns about the potential conflict of interest arising from Adeleke’s acceptance of the chieftaincy title. He urged the governor to maintain ethical standards by delineating between political and traditional roles to ensure effective governance.
The traditional ceremony, slated to draw a constellation of dignitaries including Oyo State Governor Seyi Makinde, former President Olusegun Obasanjo, and business magnates Aliko Dangote and Folorunsho Alakija, promises to be a spectacle of cultural significance and political intrigue.
As Ede braces for this historic occasion, the debate surrounding Adeleke’s dual roles as politician and traditional leader underscores the complexities of modern governance and the delicate balance between tradition and contemporary political responsibilities.
During an interview on Channels Television’s ‘Politics Today’, former minister Rotimi Amaechi dismissed recent comments made by FCT Minister Nyesom Wike regarding his selection as a running mate, stating that he does not respond to subordinates and noting that Wike never employed him.....KINDLY READ THE FULL STORY HERE▶
Additional context regarding the political exchange includes:
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Wike’s Remarks: During a media briefing, Wike alleged that Amaechi’s selection was financially motivated rather than strategic, questioning his electoral viability and political influence post-2011.
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Amaechi’s Response: Maintaining that he is currently focused on mourning, Amaechi indicated that he intends to respond more forcefully once his campaign activities officially begin.
During an interview on TVC News, former Lagos State Peoples Democratic Party (PDP) chairman Deji Doherty disputed claims that Chief Olabode George is a founding father of the party, asserting instead that George was introduced into the party’s leadership by former President Olusegun Obasanjo around 1999.....KINDLY READ THE FULL STORY HERE▶
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Criticism of Leadership: Doherty argued that Obasanjo’s decision to entrust the management of the Lagos State PDP chapter to George was a mistake and that the affairs of the state branch were poorly handled.
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Internal Party Crises: Displaying reconciliation documents during the broadcast, he noted that past efforts by respected party elders to resolve internal party disputes have failed to secure long-term peace.
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Call for Youth Empowerment: Doherty emphasized that the ongoing leadership struggles should pave the way for a younger generation to take charge of the nation’s political future, regardless of party affiliation.
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Parallel (Black) Market Rates: According to Bureau De Change (BDC) sources in Lagos for Tuesday, August 4, 2026, the parallel market traded the US Dollar at a buying rate of ₦1,410 and a selling rate of ₦1,425.....KINDLY READ THE FULL STORY HERE▶
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Official CBN Rates: Central Bank of Nigeria figures recorded rates ranging from a low of ₦1,361 to a high of ₦1,364.
Key Advisory Notes
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Regulatory Stance: The CBN does not officially recognize the parallel market and advises individuals engaging in foreign exchange transactions to utilize authorized banking channels.
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Price Variance: Actual market transaction rates may differ across various dealers and locations due to continuous market fluctuations.
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