AFOLABI

AFOLABI

The Federal High Court in Lagos, on Friday, ruled for the final forfeiture of $2.045 million, seven premium landed properties, and share certificates tied to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele.

Justice Deinde Dipeolu issued the ruling after determining that neither Emefiele nor any other claimant contested the interim forfeiture order.

 

The forfeiture includes two share certificates of Queensdorf Global Fund Limited Trust and seven high-value properties, which the Economic and Financial Crimes Commission (EFCC) argued were not linked to any verifiable lawful earnings from Emefiele’s time at Zenith Bank or the CBN.

Justice Dipeolu held that Emefiele had not provided documentation or any legitimate source of funds to substantiate his acquisition of the properties.

Emefiele, who has consistently denied any connection to the implicated companies through which the properties were purchased, did not appear in court to defend his ownership claims.

The companies—Amrash Ventures Limited, Modern Hotels Limited, Finebury Properties Limited, Fidelity Express Services Limited, H & Y Business Global Limited, and SDEM Erectors Nigeria Limited—also failed to challenge the forfeiture.

Justice Dipeolu held, “the conclusion that can be deduced is that there must be something dark about the acquisition of the properties which Emefiele and the companies does not want to come to light.”

The judge further held “that the interested party has failed to demonstrate any lawful interest in the properties and that they were aquired from his legitimate earnings.

“I therefore order the final forfeiture to the Federal Government of Nigeria of all those properties…which are reasonably suspected to have been acquired with proceeds of unlawful activities.”

The properties are: two fully detached duplexes of identical structures, lying being and situated at No. 17b Hakeem Odumosu Street, Lekki Phase 1, Lagos; an undeveloped land, measuring 1919.592sqm with Survey Plan No. DS/LS/340 at Oyinkan Abayomi Drive (Formerly Queens Drive), Ikoyi, Lagos; a bungalow at No. 65a Oyinkan Abayomi Drive, (Formerly Queens Drive), Ikoyi, Lagos and a four-bedroom duplex at 12a Probyn Road, Ikoyi.

Others are an industrial complex under construction on 22 plots of land in Agbor, Delta State; 8 units of an undetached apartment on a plot measuring 2457.60sqm at No. 8a Adekunle Lawal Road, Ikoyi, and a full duplex together with all its appurtenances on a plot of land measuring 2217.87sqm at 2a Bank Road, Ikoyi, Lagos.

On August 15, 2024, the court authorized the EFCC to take custody of the cash sum of $2.045million temporarily, seven choice landed properties and shares linked to Emefiele after hearing an Exparte application filed by lead counsel to the Commission, Rotimi Oyedepo (SAN).

The court’s ruling followed the EFCC’s assertion that the money and other items sought to be forfeited were reasonably suspected to be proceeds of unlawful activities.

However, counsel to Emefiele, Olalekan Ojo (SAN), had urged the court to stay proceedings and not grant the final forfeiture of the properties.

Former Kaduna Central Senator, Shehu Sani has taken a swipe at the government of President Bola Tinubu.
 
He was reacting to the Minister of Finance, Wale Edun's statement that FG has given N25,000 to 25 million Nigerians.
 
Mocking FG, Sani said Edun thinks he can lift 25 million Nigerians from poverty with N25,000.
 
Edun had said the social investment programme had expanded its reach to 25 million vulnerable Nigerians from five million households.
 
The programme involves direct cash transfers to individuals on the social register, verified through biometric identification and paid through bank accounts or mobile wallets.
 
Speaking with State House Correspondent at the Presidential Villa in Abuja, Edun said the first and second payments have already been made to beneficiaries.
 
According to Edun: “Those payments have been rolled out. They’ve now reached five million households, 25 million Nigerians, and first and second payments are being made.”
 
Reacting, Sani posted on X: “N25k for 25million people.Minister Edun has lifted 25million people out of poverty, they have now arrived at the Airport of prosperity. Kudos.”
A 35-year-old Patience Ashenenye has been killed after a policeman reportedly crashed into the commercial motorcycle she was riding with her three-month-old son.
 
It was gathered that the sad incident happened behind Ta’al Conference Hotel near the School of Health.
 
 
The accident left both Ashenenye and the motorcycle rider, Tasiu Mohammed, injured, while her son suffered a broken leg.
 
Ashenenye died shortly after arriving at the Federal University of Lafia Teaching Hospital.
 
Two days later, the family reported that two Divisional Police Officers (DPOs) visited them to offer N100,000 for Ashenenye’s burial expenses.
 
Her family, however, rejected the sum, stating they were only interested in justice for her untimely death.
 
Speaking with Foundation for Investigative Journalism, FIJ, Ashenenye’s brother George Akube alleged the officer responsible was speeding in a government-owned Hilux vehicle.
 
“The policeman survived, but my sister did not. Her son is now in the hospital with a broken leg,”Akube said.
 
Nasarawa State Police Command spokesman Ramhan Nansel stated that while the police have launched an investigation, the officer involved was hospitalized due to shock.
 
Nansel, in a statement, expressed condolences to the family, adding that the N100,000 offer aimed to alleviate medical expenses.
 
The Command has since pledged to cover all medical costs for those injured in the crash.
 
Police Commissioner Umar Shehu Nadada conveyed sympathies to the Ashenenye family, stating that the Command would seek justice.
 
The spokesperson, Nansel, however, did not confirm if the officer would face prosecution, noting the investigation is ongoing.
At least 20 passengers have been kidnapped by Bandits along the Maiga-Kontagora road in Niger State.
 
This was confirmed by the Speaker of the Niger State House of Assembly, Barrister Abdulmalik Sarkin-Daji, who represents Mariga Constituency.
 
 
He informed newsmen that the incident occurred on Thursday when bandits blocked the Mariga-Kontagora road between Baban-Lamba and Beri.
 
Sarkin-Daji was responding to a statement from the military refuting claims that bandits were operating within its training grounds in Kontagora LGA, which also extends to Mariga LGA.
 
According to the Speaker, families of previously kidnapped victims had taken ransom payments to bandits multiple times in a forested area, reportedly part of the military grounds.
 
Released victims also told their families they were held in a forest near the Kontagora Army Barracks.
 
“The passengers kidnapped on Thursday on the Mariga-Kontagora road were also taken to the same forest,” the Speaker said, urging the military to act on accurate information and clear the bandits from the area.
 
Sarkin-Daji emphasized that, as representatives, they regularly receive feedback from their constituents about their struggles, and they thoroughly investigate these issues before presenting them in the Assembly.
 
He clarified that while they do not underestimate the military’s capacity to combat bandits, it is dismissive to ignore constituents’ complaints.
 
He urged the federal government and relevant authorities to address these concerns, as local communities claim that the military training ground has become a safe haven for bandits who emerge from the forest to carry out attacks.
 
He pointed out that even those released after ransom payments have stated that they were held within sight of the Kontagora Army Barracks.
 
The Speaker said the military should verify information from the victims and address the issue, rather than dismissing statements made by House members.
 
He added that despite the military’s dismissal of one Assembly member’s statements on Wednesday, bandits blocked the road between Baban-Lamba and Beri on Thursday, October 31, kidnapping over 20 passengers and moving them to the same forest.
 
He urged the military to act and clear the criminals from the area, stressing that their role is to protect the people.
 
The Speaker affirmed that they will continue to raise awareness so the federal government and all stakeholders understand the plight of their people.
The Independent Petroleum Marketers Association of Nigeria, IPMAN has revealed why it is not buying fuel from Dangote refinery.
 
Speaking on Friday, IPMAN said that the price of fuel from Dangote Refinery, as of last week, was higher than the price of the product from other sources.
 
 
IPMAN said members must go where the price is lower and where they get profit, adding that they have to pity Nigerians.
 
Yakubu Suleiman, National Assistant Secretary of IPMAN, stated this on Friday while fielding questions on Arise Television’s Morning Show programme.
 
Suleiman argued that prices of petroleum products are determined by international pricing, insisting that Dangote is supposed to be disclosing the amount he’s going to sell his product.
 
He said: “Prices are determined by international pricing. Dangote is supposed to be saying like every day, ‘This is the price I’m going to sell this product’.
 
“But he cannot be able to do that unless he (Dangote) engages the stakeholders. And you cannot just say okay, we must only buy in his own depot.
 
“IPMAN cannot just sit down and say ‘We will tell our members, all of you go to Dangote Refinery and buy your product and load’. We cannot just do that. This is a deregulated system.
 
We have to source where products are much cheaper. Then we would inform our members to go and load product in any depot that the product is cheaper.
 
“If Dangote has a product and is selling N1000, let’s assume, and there are other places that are selling N900. We can’t just say because for the sake we are doing business with Dangote, ‘Okay go and do it’. It’s not profitable to us. We must go where the price is lower; where we get profit. That is it.”
 
Continuing, the IPMAN scribe added, “We are in a deregulated economy but Dangote is like trying to monopolize the whole issue. Fine. Let us know if there is monopoly in the whole system. But we believe that it’s now deregulation.
 
“Like last week, Dangote’s price is higher than other places. Because if you can go by the price, the international price, crude has already started coming down.
 
“If I could remember, as of last week, he gave N995 per litre, and you have to bring your cargo and load. How much will you pay the cargo? How much will be the other charges to your depot? And how much will go to the depot? And we expect independent marketers to go and sell it. Can we go and sell? Look at we have to pity Nigerians.”

Comfort Olalere Tinubu, a 33-year-old wife, has allegedly killed her own husband.

The woman stabbed her 39-year-old husband, Olusegun Tinubu, to death in Ibadan, the Oyo State capital.

 

It was gathered that the couple, who got married about three years ago, had two children from the marriage.

The incident, according to sources, occurred around the Gbeyi community in Adegbayi area of Ibadan.

Daily Post reports on Friday that the incident occurred Wednesday night around 10 p.m.

It was learned that the crisis started as a result of an argument over the wife locking the husband out of the bedroom.

This later resulted in a fight during which the wife allegedly stabbed the husband in the back.

It was learned that the matter was earlier reported at the Gbagi Police Station.

The case has been transferred to the State Criminal Investigation Department (SCID), Iyaganku, Ibadan, according to a source.

Public Relations Officer of the state police command, Adewale Osifeso, when contacted, said that the case is under investigation.

He added that updates would be provided accordingly.

Osifeso, in a short statement made available to DAILY POST on Friday, said, “The case is under investigation at the Homicide Department of the State Criminal Investigation Department of the Command. Updates will be provided accordingly, please.”

A Nigerian pastor with the Redeemed Christian Church of God (RCCG), Olusegun Oluleye, received lots of praises at a capacity-building workshop in Morocco for returning an overpayment of 430 Moroccan Dirhams.

Oluleye, who works at the Corporate Affairs Commission (CAC), attended the workshop organised by North East Consultancy Limited alongside his team and colleagues.

In an interview with the News Agency of Nigeria (NAN) in Abuja, Oluleye recounted how he inadvertently received the excess funds during a currency exchange, when the shop owner mistakenly overpaid him by 430 Dirhams.

Upon realising the error, he immediately informed Alhaji Ahmed Gombe, CEO of North-East Consultancy Limited, who confirmed the overpayment and facilitated the return of the funds to the shop owner.

“I am always content with what I have and believe in returning what doesn’t belong to me,”Oluleye stated, urging Nigerians to uphold integrity and serve as ambassadors for their nation wherever they are.

The Moroccan Tourism Agency and local police praised Oluleye’s honesty, recognising him as a “true ambassador” of Nigeria.

Gombe also acknowledged Oluleye as the workshop’s best participant, commending his exemplary conduct throughout the event.

Hussaini Magaji, Registrar General of the CAC, lauded Oluleye for representing the commission with distinction and pledged to issue a recommendation letter in recognition of his ethical behaviour.

International human rights organization, Amnesty International (AI) and a former Minister of Education, Obiageli Ezekwesili, have both condemned the trial of minors by the federal government.

Naija News reported that minors, between the ages of 12 to 15 years, were on Friday, arraigned by the Nigeria Police for alleged treason. The minors were said to have been arrested by Nigeria Police during the August hunger protest.

In a statement on Friday, Amnesty International accused President Bola Tinubu-led government of putting the minors through horrifying experiences for participating in peaceful protest.

The Nigerian authorities detained these minors unlawfully — putting them through horrifying experiences — for exercising their right to peaceful protest. Government must release them all — immediately and unconditionally,” AI wrote on its X handle.

On her part, the human rights activist, Ezekwesili, accused the government of destroying the country’s democracy.

Our Democracy has degraded to this barbaric depth? The bedrock of our democracy is the rule of law and that means we have to have an independent judiciary, judges who can make decisions independent of the political winds that are blowing.

“How did the Nigerian Constitution become so useless that the Nigerian Judiciary could allow such violations of the rights of these minors to happen at such egregious levels?” She asked.

The former Minister of Education called on the Nigeria Bar Association (NBA) and the Chief Justice of Nigeria, Kudirat Kekere-Ekun, to intervene and save the children.

The NBA, where are you? What exactly is this, our dear Chief Justice of Nigeria? Can we the Citizens of Nigeria count on you for a clean sweep of this version of our Judiciary?

“These children must be swiftly released to their parents and guardians, and adequately compensated for the damages done them by the Nigerian State,” Ezekwesili stated on her X handle.

The Nigerian Ports Authority (NPA) has announced that seven ships are scheduled to arrive at Lagos ports on Friday, carrying various petroleum products.

NPA’s “Daily Shipping Position” reports that these seven vessels, out of a total of nine expected, will bring in diesel, crude oil, bulk urea, petrol, and aviation fuel.

 

According to the the News Agency of Nigeria, the remaining two vessels are expected to arrive with containers of assorted goods.

The NPA stated that these vessels will dock at multiple terminals, including Sifax, ENL Consortium Terminals, and Apapa Bulk Terminal (ABT) in Lagos.

The remaining two vessels will berth with containers carrying different goods.

“The nine expected vessels will berth at Sifax, ENL Consortium Terminals, Apapa Bulk Terminal (ABT), among other terminals in Lagos,” it said.

Additionally, two more vessels are currently awaiting berths at the Apapa and Tincan Island Ports, carrying bulk urea and aviation fuel.

Meanwhile, three other ships are actively offloading general cargo, petrol, and containers at Lekki Deep Sea Port in Lagos.

Fuel Scarcity: Oil Marketers Increase Petrol Pump Price

Major oil marketers across Nigeria have raised the price of Premium Motor Spirit (PMS), commonly referred to as petrol, from N1,010 to N1,050 per litre, reflecting a 4% increase in Lagos and surrounding regions.

Independent marketers have also adjusted their prices, now ranging between N1,100 and N1,200 per litre, up from approximately N1,060 per litre, with prices varying by location.

An investigation by Vanguard reveals that in the deregulated market, petrol prices are not standardized, leading to minor price differences across various filling stations, although some stations maintain similar rates.

The Federal High Court in Abuja on Friday arraigned 76 #EndBadGovernance protesters, primarily minors, who were detained following demonstrations across the country.

They face a ten-count charge, including alleged treason and conspiracy to destabilize Nigeria.

 

The charges, filed under Section 96 and punishable by Section 97 of the Penal Code Act, point to alleged felony intent.

The defendants, arrested during protests in Abuja, Kaduna, Gombe, Jos, Katsina, and Kano, are accused of engaging in acts deemed by authorities as intending to undermine the state.

The protesters are; Nura Ibrahim 24yrs, Abdulbasi Abdusalami, 34yrs, Ahmed Yusuf 25yrs, Awolu Abdulahi 21yrs, Umar Musa 15yrs, Muhammadu Mustapha 16yrs, Umar Muhammed 23yrs, Umar Inusa 18yrs, Abdullahi Sani 21yrs, Abba Usman 30yrs, Ibrahim Rabiu 16yrs, Abubakar San, 19yrs, Abubakar Abdullahi 18yrs, Amir Muhammed 17yrs, Umar Ali 17yrs, Saminu SANI 22yrs, Muhammed Musa 14yrs, Suleiman Dauda 18yrs, Ismail Abdullah 27yrs and Haruna Suleiman 22yrs.

Others are: Bello Abdullahi 23yrs, Usman Yunusa 20yrs, Umar UMAR 25yrs, Sani Aliyu 17yrs, Yusuf Lawal 21yrs, Abba Adamu 22yrs, Abbas Hamza 20yrs, Tasiu Lawal 16yrs, Jamilu Haruna 16yrs, Usman MOHAMMED 20yrs, Aminu Usaini 20yrs, Aminu Mohammed 24yrs, Abdullahi Suleiman 16yrs, Bilal Auwalu 15yrs, Umar Kabir 22yrs, Abubakar Ibrahim 18yrs, Usman Yusuf 22yrs, Abubakar ADAM 16yrs, Suleiman Ali 16yrs, Mubarak Hamza 23yrs, Ibrahim Musa 24yrs, Samani ALI 25yrs, Yahaya Sani 20yrs, Umar Sani 26yrs, Abbas Haliru 24yrs, Sani Idris 17yrs, Tashiru Mohammed 18yrs, Abdulaziz Abubakar 15yrs, Usman Sirajo 16yrs and Musa Adam 22yrs.

The rest are; Mukhtari Yahaya 17yrs, Abba Ahmad 23yrs, Umar Mohammed 24yrs, Yahaya Musa 18yrs, Umar Abdullahi 17yrs, Salisu Adamu 16yrs, Habibu Sani 17yrs, Sadiq Sanusi 15yrs, Ibrahim Sani 17yrs, Mustapha Kabir 16yrs, Saifullah Mohammed 17yrs, Hassan Mohammed 17yrs, Mustapha Abubakar 17yrs, SANUSI Nura 14yrs, Abdulmalik Auwal 19yrs, Musa Ishaku 17yrs, Abdulrahman Ibrahim 17yrs, Usman Ibrahim, Usman Fatihu 21yrs, Abdulganiu Musa 15yrs, Sagir Hassan 19yrs, Saidu Usman 25yrs, Abubakar Muhammed 22yrs, Kabiru Sani 25yrs, Muhammed Yahaya 14yrs, Mukhtar Alhassan 16yrs, and Mustapha Ibrahim 18yrs.