$30bn loot story: First News Management apologises to Gbajabiamila

The Management of First News online newspaper has tendered an unreserved apology to the Chief of Staff to the President, Rt Hon Femi Gbajabiamila, over a news story published on its platform on January 29, 2024.

The story written by the Editor, Mr Segun Olatunji, was entitled, “How Gbajabiamila attempted to corner $30bn, 66 houses traced to Sabiu.”

The First News Management, in a statement on Wednesday, said it had discovered the said story contained “falsehoods fabricated stories and facts handed out to us by a source; which was highly negligent on our part and for which we deeply tender an unreserved apology to the Chief of Staff to the President.”

The statement further read, “As a responsible media organisation, we wish to state very categorically that we have no malicious intent towards the person of the Chief of Staff to the President or his office. Hence, our decision to tender an unreserved apology and the need to publish a retraction of the said story.”