Yoruba Elders, Statesmen Tasked  to Intervene in  Alaafin, Ooni  Feud

Hammed Shittu in Ilorin

A non-governmental organisation(NGO), the Foundation for Peace Professionals (PeacePro), has called on Yoruba elders, statesmen, and cultural custodians to rise above partisan or parochial leanings and intervene decisively on the current feud between Alaafin of Oyo, Oba Abimbola Akeem Owoade and Ooni of Ife, Oba Enitan Adeyeye Ogunwusi.

A feud has come up between the two monarch  over the  installation of an Ibadan business mogul, Engineer  Dotun Sanusi as Okanlomo of Yorubaland by Ooni of Ife, Oba Ogunwusi.

A statement issued in Ilorin, Kwara state capital yesterday by the PeacePro, signed by its  Executive Director, Abdulrazaq Hamzat, said that the intervention of the Yoruba elders and statesmen became imperative as the  matter goes far beyond traditional rivalry and touches the very essence of Yoruba civilisation.

According to him, “the current dispute presents a unique opportunity to reorganise and reorder Yoruba leadership by establishing a global cultural leadership model with multiple layers of function, responsibility, and authority.”

Such a model, the group maintained, would redefine the relationship between major Yoruba thrones, prevent recurring conflicts, and reposition the Yoruba nation as a global cultural powerhouse with structured leadership.

Hamzat further noted that “Ife, as the cradle of Yoruba civilisation, cannot be replaced or prevented from playing its cultural leadership role, neither can Oyo’s Alaafin be relegated from its historic political leadership and heritage. 

“Both thrones, and others like them across the world, must be accorded their rightful place in Yoruba global leadership to foster growth, peace, and unity,” he said.

Hamzat described the Yoruba as a cross continental nation with significant influence across Africa, the Americas, the Caribbean, and beyond.

“Such a global cultural nation must have a clear order and hierarchy to preserve unity, heritage, and identity,” he said.

He  argued that  a sovereign court in Nigeria should not be burdened by cultural issues of history and heritage it cannot adequately resolve, since the dispute concerns not merely local traditional institutions but a global cultural order with deep historical and international dimensions

‘Ife and Oyo maybe small towns in South West Nigeria under their respective local government areas, but what they represent in global culture is far bigger,” Hamzat said.

PeacePro therefore, called on Yoruba elders, statesmen, and cultural custodians to rise above partisan or parochial leanings and intervene decisively.

The post Yoruba Elders, Statesmen Tasked  to Intervene in  Alaafin, Ooni  Feud appeared first on THISDAYLIVE.

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    Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence

    James Emejo in Abuja

    The country’s gross Foreign Exchange Reserves further increased to $41.05 billion, the highest level in over 44 months, demonstrating the continued improvement in macroeconomic indices in recent times.

    A day before, external reserves rose to $41 billion from $40.96 billion on August 18, 2025, showing less volatility over the past one month.

    Compared to about $40 billion, announced by the Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, as at July 18, external reserves had increased by about 2.62 per cent to date.

    The current movement in reserves represented the highest level recorded since December 3, 2021, and has continued to maintain the upward trajectory in recent weeks.

    Essentially, FX reserve movements are particularly crucial for economic stability, currency strength, import capacity, debt management, and overall investor confidence. Changes in the reserves could signal economic stress or health.

    Amid huge debt service obligations, and revenue challenges, the stability in external reserves movement, coupled with a marked deceleration in inflation rate as well as Naira’s relative stability offer renewed hope for the country about better days ahead.

    The development further attests to the position of the central bank’s management team that monetary policy actions have so far headed in the right direction.

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    He said, “That clearly is a reflection of the way that the international investors view the banking system, and I was again very privileged to have a conversation with a good number of them about three or four weeks before this listing took place.

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    “The key thing is that we as regulators will continue to play our part to ensure that the system and the players and the actors continue to do what we are doing, creating resilience, creating buffer, and, of course, playing by the rules, because that is so important for those who are looking to invest that they can believe and they trust in you.”

    The post Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence appeared first on THISDAYLIVE.

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    James Emejo in Abuja The country’s gross Foreign Exchange Reserves further increased to $41.05 billion, the highest level in over 44 months, demonstrating the continued improvement in macroeconomic indices in
    The post Breaking: Foreign Reserves Hits $41.05bn Amid Improved Macroeconomic Stability, Investor Confidence appeared first on THISDAYLIVE.

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