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Major News Headlines In The Papers Today: Senate to debate CBN money withdrawal limit policy Tuesday

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1. The Senate will on Tuesday, 13th of December, 2022, debate the latest Central Bank of Nigeria (CBN) policy on cash withdrawal limits. During the Wednesday plenary, Senate Minority Leader Aduda Phillip, in a point of order, drew the attention of his colleagues to the CBN’s new policy and demanded caution as it will affect many citizens, especially small business owners.

2. The Ministry of Humanitarian Affairs, Disaster Management and Social Development has disclosed that it invited the Independent Corrupt Practices and other related offences commission (ICPC) to probe the alleged fraud in the N-Power programme. According to reports, singer, D’banj colluded with some government officials to introduce ghost beneficiaries into the payroll of the scheme.

3. The Independent National Electoral Commission, INEC, has knocked the presidential candidate of the All Progressives Congress, Asiwaju Bola Tinubu, for expressing doubts over the credibility of the Bimodal Voter Accreditation System and Results Viewing Portal which will be deployed for the 2023 election. The commission expressed shock that the APC candidate could question the efficiency of the technology.

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4. Former President Goodluck Jonathan yesterday said he will never contest for the Presidency of the country again. He said he would be diminishing himself if he decided to begin to lobby people and campaign for election again.

5. A 27-year-old man and father of three children, Mr Emmanuel Sanwo-Olu, has filed a suit before the Delta State High Court 2 sitting in Effurun, Uvwie Local Government Area, urging the court to declare the Governor of Lagos State, Babajide Sanwo-Olu, as his father. The young man had said his mother told him the governor is his father.

6. A former Accountant-General in Cross River State, Rose Bassey, has been kidnapped by gunmen. It was gathered that the victim and three others were abducted on Tuesday at Uyanga-Okomita axis of the Ikom-Calabar highway.

7. The British government has told the All Progressives Congress (APC) that the United Kingdom has no preferred presidential candidate among the 18 contestants for next year’s election. High Commissioner to Nigeria, Catriona Laing, made the clarification when she led a delegation on a visit to the Abdullahi Adamu-led APC national leadership at the party’s national headquarters in Abuja, yesterday.

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8. Some major roads in Osogbo, Osun State, were, yesterday, shut for hours during the presidential campaign of the Peoples Democratic Party (PDP), Atiku Abubakar and his running mate, Ifeanyi Okowa. All the roads that led to Nelson Mandela Freedom Park, venue of the programme, were closed from Gbodofon to Olaiya Flyover to Old Garage.

9. Minister of Works, Babatunde Fashola, has ordered the opening of the 2nd Niger Bridge, which is in the 95 percent completion stage, to ease traffic during the Yuletide. Federal Controller of Works in Delta State, Mr Jimoh Olawale, who made the disclosure in Asaba, however, said the bridge would be open for only 30 days.

10. The Federal Government has redeemed its pledge of a house to former Coach of the Super Eagles, Clemens Westerhof, who led the Eagles to win their second African Cup of Nations title in 1994. Minister of Works and Housing ,Babatunde Raji Fashola, SAN, handed over the key to the House to Mr. Westerhof in Abuja, Wednesday.

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Tinubu, governors present as Bello Matawalle’s 10 children wed in Abuja

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President Bola Tinubu,  President Carlos Manuel Vila Nova of the Democratic Republic of São Tomé and Príncipe and several governors were among the dignitaries who attended the wedding of the children of Bello Matawalle, minister of state for defence.

Matawalle celebrated the weddings of his ten children, five daughters and five sons, at the National Mosque, Abuja, on Friday.

The minister gave away his daughters—Maryam, Safiyya, Farida, Nana Firdausi, and Aisha—while his sons—Ibrahim, Abdul Jalal, Surajo, Bello, and Fahad—also tied the knot.

The Islamic ceremony was officiated by Imam Luqman Zakariyah, who prayed for Allah’s blessings on the marriages and for success in the couples’ future lives.

Tinubu received the brides on behalf of the Matawalle family, welcoming them into their new homes.

The high-profile wedding attracted the crème de la crème of Nigerian politics.

Notable dignitaries in attendance included Deputy Senate President Barau Jibrin and Ibrahim Masari, Senior Special Assistant on Political Affairs.

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Several governors were also present, including Ahmad Aliyu of Sokoto, Umar Namadi of Jigawa, and Nasir Idris of Kebbi.

In a post via X, Matawalle expressed his deep gratitude to Tinubu and Vila Nova for attending the ceremony, describing their presence as a rare and honourable privilege.

He further appreciated all dignitaries, family, friends, and well-wishers who joined physically or in prayers, wishing them safe journeys back to their destinations.

“Today, I am deeply honoured and profoundly grateful to His Excellency, President Bola Ahmed Tinubu, GCFR, for graciously serving as Wali at the wedding Fātiḥa of my children, held at the National Mosque, Abuja. I remain sincerely honoured by this rare privilege,” he wrote.”

“In addition, the presence of the President of the Democratic Republic of São Tomé and Príncipe, His Excellency President Carlos Vila Nova, added immense meaning to this joyous occasion, and I deeply appreciated it.

“I also wish to extend my heartfelt appreciation to everyone who joined us physically and in prayers to share in our joy. Your presence, prayers, and goodwill are truly cherished and deeply appreciated.

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“To my esteemed colleagues in the Federal Executive Council, Governors, members of the National Assembly, friends, family members, and well-wishers from across the nation, I am eternally grateful for the overwhelming love and kindness shown to me and my family.

“I also pray that Allah rewards abundantly all those who travelled from far and near to celebrate with us, and I ask Allah to grant you a safe and peaceful journey back to your respective destinations.”

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APC is my natural home, says Iyabo Obasanjo

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Iyabo Obasanjo, daughter of ex-President Olusegun Obasanjo, has confirmed her membership in the All Progressives Congress (APC) in Ogun state.

Iyabo spoke on Saturday during an interactive programme on Eagle7 Sports Radio 103.7 FM, anchored by Segun Odegbami.

Explaining her return to politics, Iyabo said the decision was driven by sustained pressure from supporters.

“Like I told you, a group of people who I did not bring together, I did not form them into a group, have been working, I think, for two years now,” she said.

“And then they started talking to me about a year ago, saying, ‘Look, we think you are the best candidate. We want you back.’”

She said she could not return to the Peoples Democratic Party (PDP), where she previously contested elections, citing internal crises.

“I could not go back to the PDP because of all kinds of turmoil,” she said.

Iyabo disclosed that she also considered the African Democratic Congress (ADC), but said the party was not yet fully organised.

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“The ADC was another option, but they don’t have their ducks in a row yet; they’re still working on it,” she said.

According to her, those who encouraged her return to politics are now members of the APC, a factor that influenced her decision after wide consultations.

“So, I think APC is my natural home. I don’t have any animosity towards any individual or any group within the APC,” she said.

“I feel more comfortable with all the actors I know within the APC… I feel more comfortable, actually, than with some of the actors I know in the PDP, and some of them are now in the ADC.

“So I think it’s my natural home. I feel quite confident and happy to have made that decision.

“I have an absolute 100% feeling it’s my natural home.”

Iyabo represented the Ogun central senatorial district between 2007 and 2011. She lost her re-election bid in 2011 to Gbenga Obadara of the then Action Congress of Nigeria (ACN).

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She later relocated to the United States, where she pursued an academic career and rose to the rank of professor. She is also a former commissioner for health in Ogun.

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Nigerian jailed eight years for $6m scam in US

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MAN JAILED FOR LIFE

A United States court has sentenced one Tochukwu Albert Nnebocha, a Nigerian national, to 97 months’ imprisonment for participating in a transnational inheritance fraud scheme that targeted elderly and vulnerable Americans.

According to a statement published on the US Department of Justice website on Friday, “a Nigerian National was sentenced today to more than eight years in prison for participating in a years-long conspiracy to defraud elderly and vulnerable Americans through an inheritance fraud scheme.”

The DOJ stated that Nnebocha, who is 44 years old, and his co-conspirators “operated a lucrative transnational inheritance fraud scheme that exploited vulnerable people in the United States” over a period exceeding seven years.

The statement read, “According to court documents, Tochukwu Albert Nnebocha, 44, of Nigeria, and his co-conspirators operated a lucrative transnational inheritance fraud scheme that exploited vulnerable people in the United States.

“Over the course of more than seven years, Nnebocha and his co-conspirators sent hundreds of thousands of personalized letters to elderly individuals in the United States, falsely claiming that the sender was a representative of a bank in Spain and that the recipient was entitled to receive a multimillion-dollar inheritance left by a deceased family member.”

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According to the US DOJ, victims were subsequently instructed to pay various fees before accessing the fictitious inheritance.


“The conspirators then told the victims that, before they could receive their purported inheritance, they were required to send money for purported delivery fees, taxes, and payments regarding the inheritance. In total, the defendant and his co-conspirators defrauded over 400 U.S. victims of more than $6 million,” the statement read,

The DOJ added that “in total, the defendant and his co-conspirators defrauded over 400 U.S. victims of more than $6 million.”

The statement disclosed that Nnebocha was arrested in Poland in April 2025 and extradited to the United States in September 2025.

He later pleaded guilty in November 2025 to conspiracy to commit mail fraud and wire fraud.

At sentencing, the court ordered 97 months’ imprisonment, three years of supervised release and restitution exceeding $6.8m to victims.

The department noted that “this is the second indicted case related to this international fraud scheme,” adding that eight co-conspirators from the United Kingdom, Spain, Portugal and Nigeria had previously been convicted and sentenced.

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The case was investigated by the US Postal Inspection Service and Homeland Security Investigations, with assistance from the Federal Bureau of Investigation’s Legal Attache in Poland, INTERPOL, Polish authorities, the US Attorney’s Office for the Southern District of Florida, and the DOJ’s Office of International Affairs.

Senior Trial Attorney Phil Toomajian and Trial Attorney Joshua D. Rothman of the Criminal Division’s Fraud Section are prosecuting the case, according to the statement.

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