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The sponsors of the crisis in Osun State saga with Cititrust

By Banji Enitan

In the last few days over ten media outlets have written one form of news on the crisis rocking Osun State Government with Cititrust Holdings. This is very appalling because the Osun State Government is not aware as at the time of writing this report that Cititrust Holdings is Osun-owned Company.

The most disturbing news is that all the media publications in these ten media houses were not sponsored by the EFCC. Neither was sponsored by Osun State Government, nor Cititrust. Then who is spending resources to publish in ten media houses by sponsoring the crisis rocking Osun State Government with Cititrust Holdings. There is definitely a fifth columnist who is secretly working behind the scenes. After an intelligence gathering, we found out it is a company registered as 501 Corporate Limited (Zenith Bank and Wema Bank) that is behind the financing of the media houses.

Osun State Government has had over four years peace partnership with the Cititrust Holdings until the point when the Adelekes family has been sold smokescreen and hoodwinked by the sympathizers of 501 Corporate Solution Limited within the Osun State Government to cause mayhem.

So who is 501 Corporate Limited? Who are the owners of 501 Corporate Limited? What is the link of this 501 Corporate Limited to the crisis rocking Osun State Government with Cititrust Holdings?

There is need for everyone to unravel the mystery owners of 501 Corporate Limited to enable them dig deep into the motive behind this crisis that is raging and what they stand to benefit in the short and long run.

It is common knowledge that the Osun State Governorship Election Petition Tribunal nullified Adeleke’s election victory, citing allegations of over-voting in certain polling units. The tribunal declared Gboyega Oyetola of the All Progressives Congress (APC) as the rightful winner and directed the Independent National Electoral Commission (INEC) to issue him a certificate of return.

However, same Osun State Government went on appeal to the Court of Appeal Ruling (March 24, 2023) wherein Adeleke appealed the tribunal’s decision. The Court ofOsun Appeal in Abuja overturned the tribunal’s judgment, stating that the allegations of over-voting were not substantiated with credible evidence. The appellate court reinstated Adeleke as the duly elected governor of Osun State.

So why is the entire Osun State Government very angry because Cititrust Holdings took same steps of redress by its decision to go to Court of Appeal against the judgement of the High Court? When same Osun Government benefitted from same Appeal Court decision two years ago. It seems 501 Corporate Solutions Limited is blindfolding the entire State Government into this crisis.

We can authoritatively confirm that whoever is behind 501 Corporate Solution Limited has a motive and using unsuspected person(s) in the Osun State Government to fan this crisis.

Osun State Government will know no peace until they unravel the 501 Corporate Solution members. Of course, there is definitely mole(s) in the Osun State Government which include a former finance commissioner that is working clandestinely with the 501 Corporate Solution Limited.

Osun State Government has had over four years peace partnership with the Cititrust Holdings until the point when the Adelekes family has been sold smokescreen and hoodwinked by the sympathizers of 501 Corporate Solution Limited within the Osun State Government to cause mayhem.

| Enitan is a public affairs analyst

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