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Alleged N1.3b Fraud: Why I cried out — Peter Okoye

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Nigerian music star, Peter Okoye, also known as Mr P, has spoken again about the alleged betrayal and financial misappropriation by his elder brother and former manager, Jude Okoye, saying it took him over two decades to speak up — and the delay nearly cost him everything.

Just hours after testifying before the Federal High Court in Lagos on Monday, Mr P, in an X statement, shared a deeply personal post about enduring years of silence under the guise of family loyalty.

“Don’t let ‘family’ be the reason you’re drowning in silence. I did — for over 20 years plus. And it almost cost me everything,” Peter wrote. “But now I know better — love doesn’t manipulate, loyalty doesn’t betray, and family does not steal from you. Family that steals and breaks you isn’t family at all.”

The 43-year-old singer continued, “A real family doesn’t drain you, shame you, discriminate against you, or ignore your pain. My sanity matters. My mental health is a priority. If it costs my mental health, then it’s too expensive.”

Don’t let ‘family’ be the reason you’re drowning in silence. I did — for over 20 years plus. And it almost cost me everything. But now I know better — love doesn’t manipulate, loyalty doesn’t betray, and family does not steal from you. Family that steals and breaks you isn’t…

— Mr Psquare (@PeterPsquare) April 15, 2025

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P-Square Royalties, Tampered Records

On Monday, at the Federal High Court in Lagos, Peter alleged that Jude had covertly registered Northside Music Limited to collect and control digital royalties from their group, P-Square, without the knowledge or consent of its members.

Peter, appearing before Justice Alexander Owoeye, said he only discovered the company while investigating royalty discrepancies years after the group’s initial split in 2017. He revealed that the company was registered under Jude’s name and his wife’s — with her holding 80% ownership.

“All our earnings from P-Square were funnelled into accounts controlled solely by Jude,” Peter claimed. “From 2017 to 2021, when we were apart, I had no access to anything. Jude was the only signatory,” he added.

The singer further alleged that backend royalty data had been manipulated, significantly reducing the value of their catalogue. “What used to bring in $8,000 per month was now reduced to about $500. When I asked for financial records, I was told my money was with people in South Africa,” he stated.

According to him, this lack of transparency cost them not just revenue but also business opportunities. “I wasn’t even asking for the money — just access to our data,” Peter explained.

Suspicious of foul play, he consulted lawyer Festus Keyamo, SAN (now Aviation Minister), who suggested a revenue-sharing formula. When that failed, he hired another lawyer, Mr Afolabi, and submitted a petition to the Economic and Financial Crimes Commission (EFCC).

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Northside Music, Property Dealings

One of the charges levelled against Jude and Northside Music Ltd. is the alleged purchase of an Ikoyi property worth ₦850 million, using funds suspected to be proceeds of crime — a violation of the Money Laundering (Prevention and Prohibition) Act, 2022.

Another charge accuses Jude of converting over $1 million through a Bureau De Change, allegedly using Nigerian bank accounts to conceal the origin of the funds. The EFCC claims that Jude’s actions show a pattern of deliberate financial concealment. He has pleaded not guilty to all seven charges.

Peter said he discovered more “red flags” when potential buyers expressed interest in acquiring P-Square’s music catalogue in 2022. The resulting checks revealed tampered backend data, previously hidden transactions, and dual aggregator connections — both for P-Square and Jude’s company.

Peter is expected to be cross-examined when the trial continues on 4 June.

Background

Jude’s legal troubles began after his younger brother, Peter, filed a petition with the EFCC accusing him of mismanaging digital royalties from their former music group, P-Square.

On 26 February, the EFCC alleged that Jude had dishonestly converted funds meant for Peter, including large sums in dollars and pounds from companies like Lex Records Limited, Kobalt Music, and Mtech Limited. These payments were said to be royalties earned from P-Square’s digital music catalogue.

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Jude is now standing trial alongside his company, Northside Music Limited, on a seven-count charge of money laundering. One of the charges alleges that in 2022, he and his company used money suspected to be from illegal sources to purchase a luxury property in Ikoyi, Lagos, worth ₦850 million. The charge states that Jude “did directly acquire a landed property known as No 5, Tony Eromosele Street, Parkview Estate, Ikoyi, Lagos… which money you knew or reasonably ought to have known forms part of proceeds of unlawful act.”

Another charge accuses him of converting $1,019,762.87 through a Bureau De Change and transferring the funds into several Nigerian bank accounts in an effort to hide their true origin. According to the EFCC, this was done “with the aim of disguising or concealing the illicit origin of the funds.”

The EFCC maintains that these actions violate the Money Laundering (Prevention and Prohibition) Act, 2022. Jude has denied all allegations and pleaded not guilty.

The long-running conflict between the Okoye brothers became public again in August 2024 when Paul Okoye, also known as Rudeboy, confirmed that P-Square had split permanently. The group, which began in 1999 and dominated the Nigerian pop scene for over a decade, first parted ways in 2017 before briefly reuniting in 2021. However, that reconciliation was short-lived due to ongoing disputes over royalties and digital rights.

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Jubril Adewale Tinubu @59: Rich in Fortune, Richer in Humanity

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Adebayo Adeoye

There are men who announce their greatness with noise, and then there are those whose achievements speak so thunderously that fanfare becomes unnecessary. Jubril Adewale Tinubu — “Wale” to friends, family, and the many who hold him in deep admiration — belongs firmly in the latter category.

As he marks another year of a life lived with uncommon purpose and quiet distinction, it is only fitting that the world pauses, if only for a moment, to celebrate a man whose footprints are etched permanently on the landscape of Nigeria’s economic history.

Wale Tinubu’s journey reads like the kind of story that inspires a generation. Armed with a Bachelor of Laws degree from the University of Liverpool and a Master of Laws from the prestigious London School of Economics, where he specialised in International Finance and Shipping, he returned to Nigeria not merely to practise law, but to build an empire.

He began his career at the family law firm, K. O. Tinubu & Co., sharpening his instincts in corporate and petroleum law — skills that would later serve as the bedrock of something far bigger than anyone could have imagined.

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In 1994, with vision as his compass and tenacity as his fuel, he founded Ocean and Oil Group — a modest oil trading and shipping outfit that he would, over the next three decades, transform into Oando PLC, Sub-Saharan Africa’s foremost integrated indigenous energy group. It is the kind of achievement that defies easy description.

Forbes Magazine captured it best in its 2011 edition, crowning him “The King of African Oil” — a title that, even years later, sits comfortably on his broad shoulders. In 2007, the World Economic Forum in Geneva named him a Global Young Leader, placing him in the exclusive company of the world’s most consequential minds under the age of 41.

Yet, what truly separates him from the ordinary captains of industry is the humanity he brings to his enterprise. His leadership of Oando has never been merely about barrels of oil or bottom lines. It has been about people — about building local capacity, championing indigenous talent, and proving, with every quarterly result and every community touched, that African businesses can compete and win on the global stage.

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For the young Nigerian entrepreneur staring at a blank page and a bold dream, Wale Tinubu is living proof that it is possible.

Beyond the boardroom, his philanthropic instincts have left an indelible mark. Through the Oando Foundation, he has positively impacted over 500,000 Nigerian children through school adoption programmes, digital learning initiatives, and teacher training — a legacy that no balance sheet can fully capture.

In a world where success often breeds aloofness and privilege can create distance, Tinubu remains refreshingly accessible and profoundly humane. His interactions with people are marked by warmth, sincerity and a genuine interest in the welfare of others.

Whether dealing with friends, associates or even casual acquaintances, he has consistently demonstrated that true greatness lies not in the accumulation of material possessions but in the ability to uplift and inspire those around us.

Many who know him count themselves fortunate to have encountered him. Indeed, there is a recurring sentiment among those within his circle that destiny smiled kindly on them the day their paths crossed with his.

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Such is the effect of a man whose benevolence transcends social and professional boundaries.

At 59, JAT as fondly called stands as a compelling reminder that a life of impact is measured not solely by personal accomplishments but also by the positive difference one makes in the lives of others. His journey thus far reflects purpose, compassion and an abiding commitment to humanity.

On this occasion of his birthday, the tributes are many and deserved. He is being celebrated as “one of the significant contributors to Africa’s economic growth and development.” But perhaps the greatest tribute comes not from statesmen or magazine covers, but from the young entrepreneurs across the continent who look at Tinubu and dare to dream bigger.

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At 90, Chief Mrs. Alice Mobolaji Osomo Remains a Symbol of Purposeful Leadership – Ambassador Iji

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The Nigerian Ambassador to the Russian Federation, Ambassador Joseph Olusola Iji, has paid glowing tribute to Chief Mrs. Alice Mobolaji Osomo on the occasion of her 90th birthday, describing her as a distinguished elder stateswoman whose legacy of service continues to inspire generations within and beyond Nigeria.

In a congratulatory message issued from the Embassy of the Federal Republic of Nigeria in Moscow, Ambassador Iji celebrated the former minister’s remarkable contributions to national development, noting that her career remains a shining example of patriotism, dedication and unwavering professionalism.

According to the Ambassador, Chief Osomo’s public service journey is a masterclass in leadership and commitment to nation-building. He recalled her tenure as Commissioner for Trade, Industries and Cooperatives in Ondo State, where she played a pivotal role in laying the state’s industrial foundation through the establishment of key industries and enterprises that contributed significantly to economic growth and employment.

Ambassador Iji further highlighted her distinguished service at the national level, where she held strategic positions including Minister of Establishment and Management Services, Director of NICON Insurance, and Minister of Housing, Land and Urban Development.
“In every role she occupied, Chief Mrs. Osomo demonstrated selfless commitment to national progress and upheld the highest standards of excellence,” he noted.

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The Ambassador also expressed pride in Chief Osomo’s roots as a daughter of Apoi Land and a respected leader from Ondo State, emphasizing that her achievements have brought honour not only to her community but also to Nigeria as a whole.

He described her as a matriarch whose life embodies the values of integrity, resilience, and service, Ambassador Iji said her impact continues to transcend geographical boundaries and generations.

“As she marks this remarkable milestone, we celebrate not just her longevity but the enduring legacy she has built through decades of dedicated service to humanity and nationhood,” he stated.

He concluded by offering prayers for God’s continued blessings upon the nonagenarian, wishing her excellent health, abiding joy, peace and many more years of fulfilment.

Chief Mrs. Alice Mobolaji Osomo’s 90th birthday has attracted widespread goodwill messages from across Nigeria and the international community, reflecting the profound respect and admiration she has earned through a lifetime of exemplary public service and leadership.

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The Other Side of Kayode Ajulo

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He is widely admired as one of the brightest legal minds of his generation, an exceptional advocate whose deep understanding of the law earned him the prestigious title of Senior Advocate of Nigeria (SAN).

Today, Dr. Kayode Ajulo, Officer of the Order of the Niger (OON) holds the influential office of Commissioner for Justice and Attorney General of Ondo State.

In both legal and political circles, Dr. Ajulo is seen as a force to be reckoned with and respected for his sharp intellect, fearless courage, and an unshakable commitment to justice.

But there’s a side of him that most people rarely get to see.

While the public encounters him in courtrooms, strategy rooms, and government corridors, Ajulo’s life is equally shaped by something quieter, deeper and undeniably spiritual.

Those who know him well often describe a man whose faith goes beyond public displays. He is not the kind of person who treats worship with casualness; rather, he is deeply devoted to the things of God, with a reverence that shows in how seriously he takes his spiritual responsibilities.

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And then there’s another interesting detail: beyond the legal mind, Ajulo is also said to have a genuine love for hymn music, a softer, more reflective side that finds joy in worship, Christian fellowship, and hymn renditions. For him, faith is not a public performance; it is a life lived with devotion.

That lesser-known side of his personality was on full display last weekend when he honoured the Women Fellowship Day of the Cherubim and Seraphim Church, Abuja District Headquarters as Special Guest of Honour and Father of the Day.

Witnesses described the outing as touching and unforgettable. Ajulo reportedly delivered inspiring messages filled with conviction, sprinkled with soul-lifting songs that resonated strongly with the congregation.

His words moved the audience so deeply that many gave him a standing ovation, accompanied by thunderous applause.

In addition, the Ondo Attorney General further demonstrated his commitment to the work of the gospel through generous financial support for the church’s activities.

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To Kayode Ajulo, life is clearly not defined by title alone, nor by legal brilliance or political influence. Behind the formidable advocate is a man driven by faith, service, and a steady devotion to God, proving that even with a tough legal mind, his heart still beats for humanity and for the work of the Kingdom.

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