Ogun Monarch, Olu of Owode-Egba, Suspended for Naira Abuse

The Egba Traditional Council has taken disciplinary action against Oba Kolawole Sowemino, the Olu of Owode-Egba, following his public display of abusing the Naira at a recent event. This action stems from a viral video showing the monarch adorning the popular musician KWAM 1 with knitted N1000 notes, which is deemed a violation of the Central Bank of Nigeria Act 2007. Despite earlier warnings from the National Orientation Agency, Oba Sowemino proceeded with the act, attributing it to his enthusiasm in celebrating his wife.

In response to this breach, the council, chaired by the Alake and Paramount Ruler of Egbaland, Oba Adedotun Gbadebo, announced the suspension of Oba Sowemino after its February statutory meeting. The decision, influenced by the council’s Ethical Committee, entails a two-month suspension during which the Olu of Owode-Egba will not receive his salary and is prohibited from attending government or public functions. The committee emphasized the gravity of the offense, citing legal precedents and public outcry regarding the defacement of Nigeria’s currency.

Chairman of the Ethical Committee, Oba (Prof.) Saka Matemilola, highlighted the significance of upholding both the CBN Act and Yoruba traditional values, noting the potential legal ramifications of such actions. The committee’s thorough examination of the viral video underscored the breach of ethical conduct expected from a Yoruba traditional leader. Oba Sowemino, in acknowledgment of the council’s decision, expressed compliance, stating, “father chastised the son he loves.”

While the suspension was initially set for three months, Oba Sowemino’s apology led to a reduction to two months.

IMAGE: YB blog

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