HomePolitics"Hold Anenih Responsible, I...

“Hold Anenih Responsible, I Won’t Return N100 million” , Says Olu Falae

The Natioanal Chairman of the Social Democratic Party, , SDP Chief Olu Falae, Monday, said he would not refund the N100 million he collected from Chief Tony Anenih, which has been alleged to have come from the former National Security Adviser, Col. Sambo Dasuki.

Chief Falae, explained that the amount was given to him for onward delivery to his party, to assist sell ex-President Goodluck Jonathan’s second term bid, saying it was not paid through the office of the former NSA.

To this end, he has asked the government to hold Anenih, former Board of Trustees of the PDP, the source of the money rather than either himself or his party.

Speaking at a press conference, in Abuja, through the party’s National Publicity Secretary, Dr. Abdul Ahmed Isaiq, Falae insisted that his party would not return any money to the government coffers, since the money it got was neither from Col. Dasuki nor Office of the National Security Adviser.

He explained that the money was as a result of electoral alliance his party entered with the then ruling Peoples Democratic Party, to deliver the then President Goodluck Jonathan in his re-election quest.

He said those who were returning money to the government were those who got money directly from the Office of the former NSA, saying he cannot be part, since he did not get the money from Dasuki or the office he was occupying.

“In terms of refund of money, I want to say here that those people who are refunding money are those who got their money directly from the arms deal fund.

“Our fund did not come from the arms deal, our fund came from an electoral alliance with the PDP and we knew that the PDP had a fund raising committee that gathered billions of naira and PDP had been in government for 16 years.

” So, with that, we knew that the PDP had the capacity to fund the alliance that was formed with them by the SDP, he explained.

“You don’t postulate what you don’t have on the ground, you can’t build on a non foundation.

“We, as a political party knew that the PDP was a capable hand in the electoral alliance which we entered with them. And we equally knew that the PDP had a fund raising, where it generated over N20 billion down.

“So, whether the money came from Col. Sambo Dasuki or his office, is what we don’t know and it is left for them to ask Chief Tony Anenih to explain, “he added.

He emphasized:” “We knew that the PDP had been ruling Nigeria for 16 years. So, this was the basis of our electoral alliance with them.

“We can’t refund any money to anybody because the money we got as a party came because of the alliance we had with the PDP and we have the agreement note from this alliance.

“If it is possible that the money Chief Anenih gave us was from the arms deal, it is left for them to ask Chief Anenih to clarify. As far as we knew, we did not have any dealing with Dasuki.

” Our office did not ever have anything to do with the office or person of the National Security Adviser, Col. Sambo Dasuki. ”

Dr Abdul explained that prior to the 2015 presidential election, the SDP was approached by the Peoples Democratic Party, PDP through its BOT chairman, Chief Tony Anenih, for electoral alliance for the re-election bid of the former President, Dr Goodluck Jonathan.

- A word from our sponsors -

spot_img

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical...

- A word from our sponsors -

spot_img

Read Now

“No Victor, No Vanquished” — Angbazo calls for unity after Nasarawa ADC Governorship Primary win

LAFIA — Retired General Nuhu Angbazo has emerged victorious from the Africa Democratic Congress, ADC, governorship primaries in Nasarawa State, calling on all party faithful to sheathe their swords and rally behind a common vision for the state's development. In a press statement issued shortly after his victory...

Lazarus Angbazo: The Countries that will lead the AI Economy are being decided right Now — By Their PowerGrids

Nigeria has enough installed generation to power a mid-sized country. The grid delivers less than half of it. Around the world, the race to build AI-ready power infrastructure is already underway — and the decisions African governments and investors make in the next eighteen months will determine...

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent story: a French immigrant and an American woman enter a marriage of convenience so he can stay in the US. They barely know each other. They hope never to see each other again after the deal...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical malpractice attorneys are finding themselves overshadowed by competitors who dominate online visibility. The root of this issue lies in the digital presence that many firms lack. While traditional word-of-mouth referrals still hold value, the digital age...

Lazarus Angbazo: The global power industry is leaving Africa behind

 Dr. Lazarus AngbazoThe nascent AI revolution is not just driving electricity consumption and massive demand for additional capacity—it is reshaping how power is built, maintained, and delivered. For Africa, the real risk is no longer just insufficient capacity—it is also losing control and ability to manage the capacity it...

Bunmi Onabanjo-Kuku: The first thing you feel when you land in Nigeria

By Bunmi Onabanjo-Kuku The first thing you feel when you land in a country is not its culture, not its cuisine, not its people. It is its airport. That threshold, the space between the jet bridge and the city beyond, tells you everything a nation believes about itself...

Dr. Lazarus Angbazo: Why a fractured world strengthens the case for African Infrastructure

How inflation, energy insecurity, power scarcity, and geopolitical fragmentation are reshaping the risk-return case for African infrastructure By Dr. Lazarus Angbazo At a recent global infrastructure summit, the prevailing mood among institutional investors was unmistakable. Faced with surging capital requirements for energy transition, grid expansion, and digital infrastructure in Europe and...

Aliko Dangote to launch what could become Africa’s largest initial public offering to raise $5 billion from investors

Nigeria’s biggest local investor, Aliko Dangote, is moving ahead with plans to launch what could become Africa’s largest initial public offering, as Dangote Petroleum Refinery & Petrochemicals prepares to raise up to $5 billion from investors. The share sale is expected to open as early as May, with...

Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting

Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting 656 critical power assets across 14 states in 2025 alone and keeping up the pace in early 2026. The Nigerian Communications Commission (NCC) data showed the haul included 152 generators and 504 batteries stolen from...

Paul Yirenkyi: A call for Caution Needed, President Tinubu and the INEC-ADC Crisis

I have seen enough cycles of tension and resolution to recognise when restraint must prevail over confrontation. The current standoff between the Independent National Electoral Commission (INEC) and the African Democratic Congress (ADC) is one such moment. In early April 2026, INEC withdrew recognition of the Senator...

Nigeria’s opposition landscape appears increasingly fractured, disorganised and strategically weakened

10 months until the 2027 general elections, Nigeria’s opposition landscape appears increasingly fractured, disorganised and strategically weakened. Although no fewer than 21 political parties have been registered by the Independent National Electoral Commission (INEC) to participate in the polls, developments within the parties, including internal crises, litigations and other destabilising factors, may...

Power shortages weaken Nigeria’s business activity 

Nigeria’s business environment continued to expand in March 2026 but slowed as rising input costs and power supply deficits weighed on performance, according to the latest Business Confidence Monitor (BCM) report by the Nigerian Economic Summit Group (NESG). The report indicates that the Current Business Performance Index declined...