Olubadan denies monetising chieftancy titles
The Olubadan of Ibadanland, Oba Saliu Adetunji, has denied accusation by embattled high chiefs that he is monetising chieftancy titles.The monarch, in a statement by his Personal Assistant/Director of Media & Publicity, Mr Adeola Oloko, accused the Otun Olubadan High Chief Lekan Balogun of deliberately levelling unsubstantiated allegations against him to assassinate his character.
“How much gain would the person possibly make from the alleged N30 Million investment on the chieftaincy title, which he could have possibly invested on more profitable venture?” “The implication of this is that if you have two steps to climb, you are liable to pay only N200, 000. 00. “It is then disbursed at the end of every successful chieftaincy exercise and divided into three equal parts.
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