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Former Abia Commissioner Counters Gov Otti, Claims Ikpeazu Left N3.49bn Credit Balance

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Former Abia Commissioner Counters Gov Otti, Claims Ikpeazu Left N3.49bn Credit Balance
In a rebuttal to claims made by the current administration, Chief John Okiyi-Kalu, former Commissioner for Information in Abia State, asserted that the immediate past governor, Okezie Ikpeazu, left a net credit balance of N3.49 billion for the incoming government led by Governor Alex Otti. This claim comes in response to Governor Otti’s statements regarding the financial state of Abia upon his assumption of office.....KINDLY READ THE FULL STORY HERE▶

According to Okiyi-Kalu, the details of this financial status were verified by the Abia Forensic Audit report conducted by Klynveld Peat Marwick Goerdeler (KPMG), a reputable multinational professional services network. The former commissioner’s statement, issued on Tuesday, aims to clarify the financial legacy of the Ikpeazu administration amidst allegations from the current government.

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Governor Otti had previously claimed on April 6, 2024, that he inherited a debt of N192.2 billion from his predecessor, Okezie Ikpeazu. He indicated that managing these debts had been challenging, but necessary actions were being taken to handle the financial burden effectively.

Okiyi-Kalu, however, countered these claims by emphasizing that Ikpeazu left the new administration with more financial resources than reported. He noted that apart from the cash balance, the state also holds near-cash assets, including a 3.5% stake in the Aba Independent Power Project (IPP) Geometric, which is currently valued at N80 billion.

He further highlighted that the N3.48 billion credit balance could have been utilized to cover two months of salaries for state workers, challenging the current administration’s portrayal of the financial situation.

“So far, Otti’s government has spent N9 billion on a subhead called ‘research and development.’ What is he researching and developing in Abia State? Check the quarterly financial reports published by his administration, if in doubt,” Okiyi-Kalu stated, urging scrutiny of the current administration’s expenditure.

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The former commissioner also accused Governor Otti of frequently misrepresenting facts, citing a specific instance where Otti’s response to allegations of N10 billion in missing funds shifted the narrative from payments to road contractors to money being distributed across multiple accounts.

Okiyi-Kalu’s remarks underscore a contentious financial debate in Abia State, reflecting the broader political and administrative challenges faced by the new administration. The ongoing dispute highlights the need for transparent financial governance to build trust among the state’s stakeholders.

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Tragedy At JAMB Centre As Woman Dies While Accompanying Daughter For UTME.

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A tragic incident occurred in Ilara-Mokin community, Ifedore Local Government Area of Ondo State, on Monday, when a woman identified as Oluwasola Adebayo reportedly collapsed and died while accompanying her daughter to a Joint Admissions and Matriculation Board (JAMB) examination centre.....KINDLY READ THE FULL STORY HERE▶

The incident happened during the ongoing Unified Tertiary Matriculation Examination (UTME), leaving residents and witnesses in shock.

It was gathered that the woman had escorted her daughter to the exam venue when she suddenly began to feel unwell shortly after arriving.

An eyewitness, Abiola, said she showed signs of weakness before eventually collapsing at the centre.

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According to him, efforts made by people around to revive her were unsuccessful, and she was confirmed dead at the scene.

Sources also revealed that she had earlier informed people of her plan to accompany her daughter to the examination centre. At the time of the incident, her daughter was already inside the examination hall writing the UTME and was unaware of what had happened outside.

The development drew sympathy from residents and passersby, many of whom expressed sorrow over the sudden loss.

Confirming the incident, the spokesperson for the Ondo State Police Command, Jimoh Abayomi, said the command had been informed and responded appropriately.

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He described the incident as unfortunate and expressed the command’s condolences to the family.

He further stated that the deceased’s family had been contacted, and her remains were released to a family member who identified himself as her son.

The police urged members of the public to remain calm, as the community continues to mourn the unexpected loss.

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Forensic Report Exposes Viral Allegation As INEC Boss Amupitan Cleared.

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The Independent National Electoral Commission (INEC) has reaffirmed its defence of its Chairman, Joash Amupitan, stating that a forensic investigation has established that social media posts attributed to him were fabricated.....KINDLY READ THE FULL STORY HERE▶

In a statement issued on Monday by his Chief Press Secretary, Adedayo Oketola, the commission maintained that Amupitan does not own or operate any social media account, despite the circulation of alleged posts linked to him.

According to INEC, both internal checks and independent forensic analysis confirmed that the Chairman has no presence on X (formerly Twitter) or any other social media platform.

The statement explained that the findings of the investigation revealed multiple inconsistencies, including timestamp irregularities, which showed that a viral post attributed to Amupitan was published before the original message it was supposedly responding to—an occurrence described as technically impossible.

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INEC also dismissed claims attempting to link the account to the Chairman through email addresses, phone numbers, or financial records, noting that verification processes on the platform failed to establish any connection.

The commission further clarified that the appearance of a phone number in records such as BVN or financial platforms does not serve as proof of ownership of any social media account.

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It described the situation as a coordinated disinformation effort, revealing that several fake accounts across different platforms were created using the Chairman’s identity.

INEC added that the account at the centre of the controversy was later renamed, made private, and labelled as a parody account shortly after the issue gained public attention.

The commission stated that the findings have been forwarded to relevant security agencies for further investigation and urged members of the public to avoid sharing or engaging with the disputed content.

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Dollar To Naira Exchange Rate Today, April 21st, 2026.

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The current exchange rate between the US Dollar and the Nigerian Naira at the black market, commonly referred to as the parallel market (Aboki FX), has been outlined for April 20, 2026.....KINDLY READ THE FULL STORY HERE▶

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