The Economic and Financial Crimes Commission has confirmed the receipt of the refund of $760,000 paid as advanced school fees by a former Kogi State Governor, Yahaya Bello for his children at the American International School, Abuja.

The spokesperson for the EFCC, Dele Oyewale, confirmed the development on Friday.

“The school has refunded the entire $ 760, 000 to the EFCC’s recovery account,” he said.

Earlier, the American International School of Abuja had asked the EFCC to provide “authentic banking details” for the refund of fees paid for the children of the former governor.

Bello allegedly paid $720,000 in advance as fees for five of his children from the coffers of the Kogi State Government.

The children are in Grade Levels 2 to 8 at the school.

On April 17, EFCC operatives laid siege on Bello’s residence in Abuja in an attempt to arrest him over an alleged N80.2 billion fraud.

While the operatives were at the house, Usman Ododo, governor of Kogi, arrived at the property and reportedly whisked Bello away.

In a letter addressed to the Lagos Zonal Commander of the EFCC, the school said the sum of $845,852 has been paid in tuition “since the 7th of September 2021 to date.”

AISA said the sum to be refunded is $760,910 because it had deducted educational services already rendered.

“Please forward to us an official written request, with the authentic banking details of the EFCC, for the refund of the above-mentioned funds as previously indicated as part of your investigation into the alleged money laundering activities by the Bello family,” the letter reads.

It added, “Since the 7th September 2021 to date, $845,852.84 in tuition and other fees have been deposited into our bank account.

We have calculated the net amount to be transferred and refunded to the State, after deducting the educational services rendered as $760,910.84.

“No further additional fees are expected in respect of tuition as the students’ fees have now been settled until they graduate from ASIA.”

The school said it would draw the attention of the anti-graft agency if there were any further deposits by the Bello family.

In a statement signed by Greg Hughes, AISA also said, “Ali Bello contacted the school on Friday 13 August 2021 requesting to pay the family school fees in advance until the students graduate from High School.”

The Chairman of the EFCC, Ola Olukoyede, had earlier revealed that the former governor transferred $720,000 from the government’s coffers to a bureau de change before leaving office to pay in advance for his child’s school fee.
Olukoyede revealed this during an interview with journalists on Tuesday in Abuja.

He said, “A sitting governor, because he knows he is going, moved money directly from government to bureau de change, used it to pay the child’s school fee in advance, $720,000 in advance, in anticipation that he was going to leave the Government House.

“In a poor state like Kogi, and you want me to close my eyes to that under the guise of ‘I’m being used.’ Being used by who at this stage of my life?”

1. Military commander of an army camp located at Sabon Garin Dan’Ali, in Danmusa local government area of Katsina state has been killed in an ambush. Sources said the incident happened Thursday evening and the corpse of the deceased, a major in the army, was deposited at a hospital in Katsina.

2. Movement would be restricted for the duration of today’s local government election in Oyo State, the State Government announced on Friday evening. The restriction will help officials of the Oyo State Independent Electoral Commission, OYSIEC, to conduct the poll without hindrance.

3. Senate President Godswill Akpabio, the Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas and the Deputy President of the Senate, Senator Barau Jibrin, were among the dignitaries who attended the wedding fatiha of the children of emirs of Kano and Bichi, Alhaji Aminu Ado Bayero and Alhaji Nasiru Ado Bayero, on Saturday.

4. President Bola Tinubu has approved the appointment of Mr. Jim Ovia, renowned banker and businessman, as the Chairman of the Board of the Nigerian Education Loan Fund, NELFUND. This is contained in a statement issued by Ajuri Ngelale, Special Adviser to the President on Media & Publicity, on Friday.

5. Governor Hyacinth Alia of Benue State, on Friday, urged his predecessors including Chief Samuel Ortom, to refrain from interfering in his administration, warning that he would not allow anyone to destabilise his government. Alia while briefing journalists on his return from the USA, Friday morning, said the past governors have had their own term.

6. The National Chairman of the ruling All Progressives Congress, APC, Dr Abdullahi Ganduje, has said the New Nigeria People’s Party, NNPP, led government in Kano State is behind the various protests against him in Abuja. Ganduje in a statement by his aide, Comrade Okpokwu Ogenyi, alleged that the Kano government had been hiring protesters from the streets, mostly Kwankwasiyya members, some of whom are from the North Central geo-political zone to demand his resignation.

7. The American International School of Abuja has paid $760,910.84 to the Economic and Financial Crimes Commission, EFCC, from the $845,852 school fees allegedly deposited by former Kogi State governor, Yahaya Bello in respect of five of his children in the school.

8. Bandits have attacked the palace of the Emir of Zurmi, Alhaji Bello Muhammad Bunu, killing three people and abducting some residents of the town. The bandits, who stormed the town around 10pm on Wednesday, according to locals, also attacked the residence of the former Military Administrator of Nasarawa State, Colonel Bala Muhammad Mande (rtd).

9. The Nigeria Correctional Service has stepped up efforts to track down and recapture escaped inmates of the Suleja Medium Security Custodial Centre, Niger State. The Minister of Interior, Olubunmi Tunji-Ojo, on Thursday, said the government would relocate a lot of correctional centres to create better infrastructure and security.

10. Men of the Economic and Financial Crimes Commission, assigned to tackle currency mutilation, dollarisation of the economy, and forex malpractice, have arrested 34 suspected currency speculators accused of foreign exchange fraud. This was made known in a statement shared on the commission’s website on Friday.

President Bola Tinubu has appointed Jim Ovia as the chairman of the Nigerian Education Loan Fund (NELFUND).

Ajuri Ngelale, presidential spokesperson, announced the appointment of Ovia, chairman of Zenith Bank, in a statement on Friday.

Ngelale said Tinubu believes that Ovia will bring his immense wealth of experience to ensure that no Nigerian student suffers a paucity of funds in the quest for tertiary education.

On April 3, Tinubu signed the student loans amendment bill into law to provide Nigerians with quality and accessible education.

The law will allow Nigerian students in tertiary institutions to access low-interest loans for tuition and other academic needs.

Subsequently, the president appointed Akintunde Sawyerr as the managing director and chief executive officer (CEO) of the fund.

Tinubu also appointed Frederick Oluwafemi Akinfala as the executive director of finance and administration, while Mustapha Iyal will serve as the executive director of operations of NELFUND.