• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Doyin Okupe resigns as Labour Party Campaign DG

William Ukpe by William Ukpe
December 20, 2022
in Business News, Politics
Doyin Okupe pays N13 million settlement for Money Laundering
Share on FacebookShare on TwitterShare on Linkedin

The Director-General of the Labour Party’s Presidential Campaign Council, Doyin Okupe, has resigned from his role.

His resignation is connected to his recent conviction by a Federal High Court in Abuja over money laundering violations.

Okupe disclosed this in a letter addressed to the Presidential candidate of the Labour Party, Peter Obi, on Tuesday evening, and can be seen on his official Twitter account.

RelatedStories

Police arrest LP National Chairman, Julius Abure in Edo State 

Appeal Court reaffirms Julius Abure’s position as Labour Party National Chairman  

January 18, 2025
New UK Leader: British pound shows strength against naira and U.S dollar

New UK Leader: British pound shows strength against naira and U.S dollar

July 5, 2024
  • He said in a statement, “It’s time to step aside. But I am with PO and the Obidients and the Presidential Campaigns till God gives us victory in Jesus’ Name.”

The details of the Letter:

  • ” Dear, Peter
  • You will recall that I briefed you yesterday about my personal travails in seeking justice and clearing my name using the Nigerian legal System to pursue the same.
  • ” I have invested too much in your campaign to allow my personal travails to become a source of distraction.
  • ” In the circumstances, I have opted to step aside and plead that you appoint a new Campaign DG who can continue the assignment with zero distractions”.

What you should know

  • A Federal High Court sitting in Abuja convicted the Director-general of the Labour Party’s Presidential Campaign Council, Doyin Okupe, for violating the Money Laundering Act.
  • Justice Ijeoma Ojukwu stated Okupe was guilty in 26 out of the 59 counts against him by the Economic and Financial Crimes Commission (EFCC) in the money laundering offence, citing that the 26 counts, attracted a two-year jail term each and would run concurrently.
  • Okupe was given an option of N500, 000 in each of the counts, amounting to N13 million, which must be paid before 4:30 pm Monday.
  • Doyin Okupe paid the sum before 6 pm according to court reports.

Follow us for Breaking News and Market Intelligence.
Tags: Doyin OkupeLabour Party
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

Related Posts

Police arrest LP National Chairman, Julius Abure in Edo State 
Legal & Regulations

Appeal Court reaffirms Julius Abure’s position as Labour Party National Chairman  

January 18, 2025
New UK Leader: British pound shows strength against naira and U.S dollar
Currencies

New UK Leader: British pound shows strength against naira and U.S dollar

July 5, 2024
Peter Obi, Ukrain
Business

Lagos-Calabar Highway: Nigeria risks losing thousands of jobs due to property demolition – Peter Obi 

April 30, 2024
Peter Obi
Business

Fuel subsidy: Peter Obi says FG should remove criminality, corruption and not subsidy

October 2, 2023
Barrister Julius Abure
Politics

Labour Party backs NLC proposed Nationwide Strike

September 28, 2023
Appointments

Tinubu appoints Peter Obi’s running mate’s brother, Hakeem Baba-Ahmed, as Special Adviser

September 18, 2023
Next Post
Where to Invest Your Money and How To Get Benefit From Investing?

Where to Invest Your Money and How To Get Benefit From Investing?

Comments 1

  1. Stanley says:
    December 21, 2022 at 2:07 pm

    Although his crime cannot be excused, but he did the honourable thing to resign from the party campaign leadership. If only other Nigerian politicians can learn from him by resigning from their positions when indicted on corruption charges, instead of holding onto the immunity clause or sponsoring false propaganda to hoax the masses, Nigeria would have been far ahead of its peers in most indices of development.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Aradel Holdings Plc wins “Best Equity Deal in EMEA” at EMEA Finance Achievement Awards 2024 
  • Lagos Govt announces traffic diversion for Ogudu/Ifako Bridge repairs from June 28 to Oct. 15 
  • Senate approves second extension of 2024 capital budget implementation to December 2025 

Follow us on social media:

Recent News

Aradel Holdings Plc wins “Best Equity Deal in EMEA” at EMEA Finance Achievement Awards 2024 

Aradel Holdings Plc wins “Best Equity Deal in EMEA” at EMEA Finance Achievement Awards 2024 

June 24, 2025
Traffic diversion,

Lagos Govt announces traffic diversion for Ogudu/Ifako Bridge repairs from June 28 to Oct. 15 

June 24, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics