₦airaland Forum

yesloaded:
Show us proof bro

His father was a big time politician in Western region. He died early and he was a minister even before Nigeria got independence It is just like asking Otedola how he made his money.

https://en.wikipedia.org/wiki/Adegoke_Adelabu

rinzaugustine:
Tinubu have legalized corruption in Nigeria

Poverty has so messed up your mind to the extent that you think everyone who has money probably stole it

What you guys should understand is that whoever is a minister in Nigeria was already rich before becoming a Minister. Have you ever seen a poor man appointed as a Minister in this country?

fuckingAyaya:
lol this is stale! Peter obi never worked with Abacha quite the false narrative and stop peddling lies.

🥱

Same way he lied that he will never leave APGA.

ceejay80s:
Our NEPA money

ceejay you wey never pay nepa bill since 2006. Dey join wire to mains supply

the name that resonate in oyo state ( PENKELEMESI)
ADEDEJI ADELABU PEKULIA MEESI

SuperEagles:
Exatly the way Pwter Obi stole his to build mall in both Abuja n PH.

Yet una never still bring evidence since una begin stew this stale propaganda since 2022!
Una don check the guy tire yet nothing!
Abi evidence hard una to bring?
By the way,what is the meaning of 'exatly' according to U?🥱🤔🤭

Chartered Accountant! is Nigerian minister of power?

Wonder, wonder, wonderful!

Nigeria

kunle4toyeyaho:
Stolen wealth? I am not defending him but he has done so well for himself before becoming a minister. Adelabu is a chartered accountant and also a chartered banker ,he rose to become CFO of first bank and later a Deputy Governor of CBN.There are many properties he could have acquired on his own before becoming a minister . Not all wealth is stolen

Let’s ask the minister when the meters will actually arrive. Hopefully, the funds allocated for the meters are not being diverted for campaign purposes.

By December last year, he promised to deliver 6,000 MW, yet we are still hovering around 4,500–5,000 MW.

President Tinubu should consider allowing him to focus fully on his campaign and appointing a far more competent Minister of Power. With the right will and focus, we should by now be targeting 6,500–7,000 MW.

In life, those who lack competence often seek excuses, obstacles, and stumbling blocks. If a truly capable person were in charge of the Ministry of Power, the results would speak for themselves.

Engrghidazuka:
Chartered Accountant! is Nigerian minister of power?

Wonder, wonder, wonderful!

Nigeria

Yes oh...square pegs in round holes!

People, u see what we are talking about. Just how many months my guy don work way him take build such property. I mean, how much is his salary and allowance? Na why our politics na do or die affair. But, civil servant way don work for ova 20 to 30 years no fit build common bungalow. D greatest corruption is within the government, their M.D.A. CBN, NNPC, and BUDGET.

2mch:
That house is not new. He’s reckless to be flaunting it in public. Making it look like public funds. He’s trying to run for Governor that’s why he’s moving with crowd.

I even feel this video is an old video.

Beremx:
It's his time to steal national wealth. Everything na turn by turn. He should enjoy his ministerial position while it lasts.

What more can I say?

Una own nor dey pass stolen wealth. That house is not new.

Beremx:
Oh well he made it look like public funds. That's what it is. If not why didn't he flaunt his house when he was not a minister? How much billions of naira did he use to renovate his mansion?

It's too early for me to be angry about the brazen corruption in Nigeria

This video might be old sef. I heard someone saying incoming...this might be from when he contested to be governor like 6 years ago. By the way, if you're an ibadan person, you know this man has been rich before politics. He has hotels all over Ibadan, and there is one massive one around Bodija he started before he even went into politics.

HEAVEN4444:
ceejay you wey never pay nepa bill since 2006. Dey join wire to mains supply

No be ur fault lol

Old age will humble you thoo... Wait till the time you won't be able to use stairs for your daily routine...

Factcheck0001:
finished that house this year?

I can bet that without Google u don't even know d location of the house

He's from the penkelemess family n I believe u know that huge money.


His father is like them Adeleke of them so money dey house, u think say na poor man pikin go rise to become deputy governor for CBN?

The reality is that many of these guys were big before they entered politics.

It is you that dont know nada. You think I just knew Adelabu in 2025? He just complete the house recently

And No,it wasnt the Father that was popular. It was his grandfather. A politician of the first Republic who died I think even before independence or shortly after independence. There is nothing Rich about the family in recent times until Bayo himsef became Rich.

Like I said,I didnt say it was ministry of power he made his Money,No,He has always been Rich courtsey of being a former CBN top shot and other investment. But saying the house isnt recent is what I am saying

He has not performed to expectations and he seems arrogant,nothing more.
What is he celebrating that -2- weeks,no light 🚨 here but full of excuses and the way he is doing,he care less about the Power Sector that is STINKING,Under CORRUPTION!
No wander even the IKEJA DISCO IS UNDER RECEIVERSHIPS NOW and hope people UNDERSTAND THE TERMINOLOGY:
- A COMPANY WITH HUGE DEBTS,AND NON - PERFORMANCE BUT UNDER SERIOUS UNDERPERFORMANCE - in Debts Collections and Stressed Management- will have to be Appointed A Receivership.
•Meaning - New Management Team -has taking over the Day to Day RUNNING Of THE Business Activity - FOR Revitalisation - usually By Accountants Or Lawyers - that would be running its Survival for a Certain Period of Time, pending the Final Determination!
•Most of the so called DISCOS, GENCO and TCN - Are born out of Corruption - because the Elites Politicians -Sold These ALL -IMPORTANT POWER SECTOR - TO THEMSELVES ,UNDER GEJ IN 2015,as recently divulged by DR.Samsedeen - the Former Minister and this was all in the NEWSPAPERS RECENTLY.
Power Sector - that has Put NIGERIANS in Perpetual Darkness is a SHAME OF THE NATION and this Minister Can Not just Fix it!
The Federal Govt- Should Declare Power Sector An Emergency 🦺 and they Should Stop 🚏 Playing Lips Services and Politics with it!

Beremx:
It's his time to steal national wealth. Everything na turn by turn. He should enjoy his ministerial position while it lasts.

What more can I say?

Go and read about Adelabu penkelemes in Ibadan before accusing him of

He was former MD of bank and did not make money from politics.

So person no fit build house again?

He, or anyone else who's resourceful, doesn't have to soil his hands, be a Minister or in government, before he can build this type of country home. I mean, if you're resourceful and desire such, at most, within three years, you can raise enough money to build one for yourself.

Unfortunately, most of you aren't resourceful either by omission or commission.

ricson11:

https://www.youtube.com/watch?v=HOoB_QNldFY?si=JZYbp0EYyMvEC3E1

President Tinubu’s Minister of Power, Bayo Adelabu, has showcased his luxurious White House-inspired mansion located in Ibadan, Oyo State.
The grand residence has sparked conversations online, with many admiring its architectural elegance and scale.

Stolen wealth.... One day he will die and leave it behind, his children will fight and kill them self for the cursed properties...

SuperEagles:
Exatly the way Pwter Obi stole his to build mall in both Abuja n PH.

The fact that you are in love with your oppressors makes me think you are sick. But I will reserve my comment for now

MarkNsukkaBread:
This guy was a senior management staff of First Bank and had already made money before he joined politics so I don't understand where you saw him stealing public funds

Story

I can bet my life some of the money used to build the house is part of public funds

2mch:
That house is not new. He’s reckless to be flaunting it in public. Making it look like public funds. He’s trying to run for Governor that’s why he’s moving with crowd.

Beremx:
Oh well he made it look like public funds. That's what it is. If not why didn't he flaunt his house when he was not a minister? How much billions of naira did he use to renovate his mansion?

It's too early for me to be angry about the brazen corruption in Nigeria

Before he was appointed minister he is not just a millionaire but a multi billionaire. I know how much he spent during his campaign for governorship 2023. He is a very smart and intelligent guy. Am not saying he is mot corrupt but Adelabu got his money before attain this ministerial appointment

Beremx:
It's his time to steal national wealth. Everything na turn by turn. He should enjoy his ministerial position while it lasts.

What more can I say?

He can afford it without being a minister he has a track record of prosperous business in real estate, hospitality, and he was once the deputy CBN governor and first bank GMD. Plus generational wealth from his grandfather (Penkelemesi one of the richest and influential politicians in the early 50s/ late 80s) . Adelabu is not a small fish he's one the wealthiest Yoruba men in the country

kunle4toyeyaho:
Stolen wealth? I am not defending him but he has done so well for himself before becoming a minister. Adelabu is a chartered accountant and also a chartered banker ,he rose to become CFO of first bank and later a Deputy Governor of CBN.There are many properties he could have acquired on his own before becoming a minister . Not all wealth is stolen

All those places he has work, you mean they dont steal money there?

erad:
Did you give 2 cents about him when he was not minister? Or is it within how long that he's been minister he would have built such? You all think these guys were begging to feed before entering politics?

A lot of you don't think before typing. You just want to react by any means.

That house is even a piece of trash compared to houses owned by some Shell and Chevron guys employees.

Raskimonojendor:
Most Yorubas billionaires are silent from the Oga at the top Mike Adenuga to the regular tech bro like Tosin Eniolorunda (Moneipoint).

yes sooo. Including Femi otedola