WIKE TAKING LOANS FOR FCT WITHOUT NATIONAL ASSEMBLY APPROVAL – KINGIBE ALLEGES. (PHOTO).

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Wike taking loans for FCT without National Assembly approval – Kingibe alleges The senator representing the Federal Capital Territory, FCT, Ireti Kingibe, has alleged that the FCT Minister, Nyesom Wike, has been taking loans for the nation’s capital without the approval of the National Assembly. Kingibe made the allegation on Tuesday during an interview. She was discussing the FCT administration, the Abuja master plan and the oversight responsibilities of the National Assembly. According to her, records from the Debt Management Office, DMO, indicated that loans had been taken for the FCT between August 2023 and March 2026, despite Wike not appearing before the Senate to seek approval for such borrowing. “I am definitely saying Wike has been taking loans without the approval of the National Assembly. “I’m sorry to say, with all due respect to the Senate, of which I’m a member, we’re supposed to oversee him. “We’re supposed to approve, and I have brought to the attention of the leadershi...
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DAAR COMMUNICATIONS SACKS TOSIN DOKPESI, AMBROSE SOMIDE, TONY AKIOTU, OTHER DIRECTORS. (PHOTO).

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 Daar Communications sacks Tosin Dokpesi, Ambrose Somide, Tony Akiotu, other directors

 

The management of Daar Communications has sacked its chairman's wife, Mrs. Tosin Dokpesi, the MD, Tony Akiotu, and nine other directors.


It was gathered that Daar Communications Plc, owners of Africa Independent Television (AIT) and RayPower, has asked directors who have spent 10 years and above in executive positions to go on retirement.


A source close to the company said that the retirement will take effect in November.


Among those affected are Tony Akiotu, Tosin Dokpesi, Ambrose Somide, Paulyn Ugbodaga and Tony Uyah.


“About 11 directors that have spent 10 years and above have been asked to go on retirement. One of them is Tosin Dokpesi who is the widow of our founder and chairman Chief Raymond Dokpesi,” a staff speaking under anonymity disclosed.


Recall that Daar Communications founder Raymond Dokpesi died on May 29, 2023. His son Raymond Dokpesi Jr has been chairman since 2019.


The company posted a loss of N1.6 billion for the year ended December 31, 2023.

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