Connect with us

News

Court orders final forfeiture of 52 Lagos houses allegedly acquired through unlawful activities

Published

on

A Federal High Court sitting in Lagos has ordered final forfeiture of 52 terrace and maisonette Lagos allegedly linked to unlawful activities of Fielddreams Limited, Ifeanyi Nweke and Amex Savings and Loans Limited.

Justice Alexandra Owoeye gave the order for the final forfeiture of the properties in a ruling delivered on Wednesday, July 15, 2026.

According to a statement issued on Saturday by Dele Oyewale, EFCC head of media and publicity, the properties are located at Mercyville Estate, Covenant Way, off New Road, Ilasan, Lagos.

Oyewale added that the judge gave the order following a Motion on Notice filed and argued by the Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, through its counsel, Franklin Ofoma.

He noted that the Commission had, on August 14, 2024, secured the interim forfeiture of the properties through an order granted by Justice Akintayo Aluko, following an ex parte application filed by the EFCC through its counsel, Ofoma.

The order was made in favour of one Dr. Kennedy Okonkwo, a real estate developer and Chief Executive Officer of Capital Gardens Limited.

Justice Aluko had them directed the Commission to publish the interim forfeiture order in a national newspaper, inviting any interested party to show cause why the properties should not be finally forfeited to the Federal  Government of Nigeria.

See also  Ex-legislative aide bags eight-year jail term over N120m employment scam

Following the publication of the order, the respondents filed an affidavit to show cause why the court should not grant the final forfeiture of the properties.

Initially, in paragraphs 16 to 25 of their affidavit, the respondents stated that the funds used to develop the 52 terrace and maisonette units were derived from the sale of a portion of land acquired through the sale of 29 terrace and maisonette units valued at One Billion, Nine Hundred Million Naira (₦1,900,000,000.00).

They, however, subsequently made a U-turn, accusing the 3rd to 19th applicants of failing to complete the various terrace and maisonette units.

This contradicted their earlier affidavit evidence in which they had stated that they used the proceeds from the sale to complete the furnishing and interior decoration of the remaining units and that construction had been completed in 2020.

At Wednesday’s proceedings, Ofoma, while moving the application for the final forfeiture of the properties, informed the court that the Commission had fully complied with the court’s order regarding the publication of the interim forfeiture.

See also  Esther Agbaje, Gabe Okoye, other Americans of Nigerian descent shine brightly at US mid-term polls

He further told the court that the application was supported by a 31-paragraph affidavit deposed to by Afolabi Seyi Oladele, a litigation officer in the Legal Department of the EFCC.

According to him, the properties were reasonably suspected to be proceeds of unlawful activities, and he urged the court to grant the application for their final forfeiture

Ofoma further submitted that the second respondent, Nweke, is a criminal fugitive, adding that he “has refused to appear before Justice R.A. Oshodi and Justice Okunuga in Charge No. ID/25771C/2025 and Charge No. ID/25769C/2025 for his arraignment and to defend the charges if he believes that he did not commit any of the offences contained in the charges against him.”

He further informed the court that there were two subsisting warrants of arrest against the second respondent, adding that he had jumped the administrative bail earlier granted him by the Commission over the alleged offences.

After listening to the submissions of both the applicant and the respondents, Justice Owoeye held that “Premised on the foregoing position of the law, I hold that since this  court cannot pick and choose which of the evidence given by Respondents to believe, it must consequently reject the entire affidavit evidence placed before it by the 1st-3rd Respondents.

See also  EFCC arraigns hotel manager for alleged N19m fraud

“Accordingly, I reject the 1st-3rd Respondents’ Affidavit to Show Cause/Counter-Affidavit to the Applicant/Respondent’s Motion on Notice for Final Forfeiture filed on the 9th of February, 2026, but deemed properly filed on the 28th of April, 2026.

“The consequence is that there is no opposition to the Motion filed by the 1st and 2nd Applicants for the grant of an order of final forfeiture.”

The judge further held that

“Premised on the foregoing, I find that having demonstrated grounds for reasonable suspicion that the properties in question are the proceeds of unlawful activities, the applicants are entitled to the reliefs sought in this application. I therefore resolve the sole issue in this application in favour of the Applicants.”

In the final analysis, the court held that “Having resolved the sole issue in this application in favour of the applicants, I hold that this application has merit and ought to be granted. Accordingly, I grant the relief sought in this application as prayed.”

News

Police top list of 50 federal ministries, agencies with ghost workers – ICPC

Published

on

By

The Independent Corrupt Practices and Other Related Offences Commission has revealed that the Nigeria Police Force and five federal ministries and agencies have the highest number of suspected fake workers uncovered during its payroll verification exercise.

ICPC Chairman, Musa Adamu Aliyu (SAN), disclosed the findings while speaking on the commission’s investigation into payroll fraud across Federal Government institutions, according to a BBC Pidgin report on Wednesday.

The commission said it discovered suspected 908 ghost workers in at least 50 ministries, departments and agencies, recovering about N942m allegedly paid as fraudulent salaries.

According to the ICPC, ghost workers are fictitious names inserted into government payrolls to receive salaries fraudulently.

In some cases, salaries are allegedly diverted by officials who add relatives or associates to the payroll despite them not being employed.

Aliyu said investigators uncovered one case involving a man who allegedly placed the names of his wife, son and mother-in-law on the payroll while also collecting the salaries of 12 workers.

See also  Labourer bags life jail for raping Lagos teenager

Among the institutions identified, the Nigeria Police Force recorded the highest number of suspected fake workers.

“For this operation, we identified 570 people whom we suspect are among the fake workers collecting salaries without working,” the ICPC chairman said about the police data.

The National Water Resources Authority followed with 80 suspected fake workers.

“For this agency, we identified 80 names of people collecting salaries even though they are not workers of the agency,” Aliyu said.

The Federal Ministry of Works recorded 56 suspected fake workers, while the Ministry of Foreign Affairs had 24.

The Ministry of Defence was found to have 19 suspected fake workers.

“For the Ministry of Defence, we identified 19 people acting as fake workers,” the ICPC chairman said.

Other affected institutions include the Federal Ministry of Electricity and the Federal Ministry of Industry, Trade and Investment, with 17 suspected fake workers each; the Federal Ministry of Health with 15; and the Office of the Head of the Civil Service of the Federation with 12.

See also  EFCC behind my alleged organ harvesting ordeal – Ekweremadu

The Office of the Accountant-General of the Federation and the Federal Ministry of Interior were also listed among institutions affected by the payroll fraud, although the ICPC did not disclose the number of suspected fake workers found in the two offices.

Continue Reading

News

Good morning! Nigerian Newspapers Headlines: Fake agency probe: ICPC team grills embattled DG inside police detention

Published

on

By


1. The investigation into the controversial Presidential Foreign Intervention Promotion Council intensified on Wednesday as the Independent Corrupt Practices and Other Related Offences Commission commenced interrogation of the alleged founder of the disputed agency, Adeniyi Adeyemi, inside police detention.

The PFIPC controversy erupted after allegations that Adeyemi presented himself as the Director-General of a presidential body that several government institutions said they neither created nor recognised, while questions were raised over alleged forged documents, bank accounts and the council’s inclusion in budget proposals.

2. Dangote Petroleum Refinery has resumed gantry loading of Premium Motor Spirit, PMS, in naira after a week-long suspension, while raising its ex-depot petrol price to N1,215 per litre. The refinery had suspended gantry and coastal loading on July 15 after introducing a dollar-denominated pricing template for refined petroleum products.

3. The five Southeast governors have resolved to work for the re-election of President Bola Tinubu’s re-election next year, Imo State Governor Hope Uzodimma said yesterday. Uzodimma, who chairs the South East Governors’ Forum (SEGF), spoke at a meeting with the Imo State Council of Elders and Council of Traditional Rulers at the New EXCO Chambers, Government House, Owerri. He cited infrastructure projects initiated in the zone by the administration, saying the governors’ decision was based on “verifiable facts” of the administration’s record in the Southeast.

See also  TAMPAN HOUSE OF COMMOTION: You can’t suspend me, Yomi Fabiyi replies theatre association

4. Nigeria has dropped to 90th position on the latest Henley Passport Index, with holders of her passport able to access 44 destinations without obtaining a visa in advance. The July 2026 global ranking, released by Henley & Partners on Tuesday, ranked the Nigerian passport 90th out of 199 assessed worldwide, with a visa-free score of 44.

5. The Naira on Wednesday depreciated to N1,413 per dollar in the parallel market from N1,409 per dollar on Tuesday. But the naira appreciated to N1,369 per dollar in the Nigerian Foreign Exchange Market, NFEM.

6. Rivers State Governor, Siminalayi Fubara, has declared his support for President Bola Tinubu and the Rainbow Coalition, a political movement led by the Minister of the Federal Capital Territory, Nyesom Wike, ahead of the 2027 general elections. Fubara made the declaration on Tuesday during the groundbreaking ceremony for the reconstruction and equipping of the Riven Medical Facility, a public-private sector pharmaceutical factory in Rivers State.

7. The Independent Corrupt Practices and Other Related Offences Commission has identified the Nigeria Police Force and five federal ministries and agencies as having the highest number of suspected fake workers uncovered during its payroll verification exercise. ICPC Chairman, Musa Adamu Aliyu, SAN, disclosed the findings while speaking on the commission’s investigation into payroll fraud across Federal Government institutions, according to a BBC Pidgin report on Wednesday.

See also  Afe Babalola, Olanipekun, Falana condemn removal of Ekiti speaker, say it's political rascality

8. United States President Donald Trump has written to President Bola Ahmed Tinubu, commending him on his decisive leadership “on behalf of the Nigerian people.” This was made known in a statement by Bayo Onanuga, Special Adviser to the President on Information and Strategy on Wednesday.

9. A mother, Mrs Zainab Musa, residing in the Ketu area of Lagos State, has cried out over what she described as an orchestrated attempt by some police officers to frustrate efforts to secure justice for her 15-year-old daughter, who was allegedly raped inside a tutorial class in Ketu. gathered from the survivor’s mother on Tuesday that the suspect (name withheld), who was the survivor’s lesson teacher, allegedly threatened to kill the teenager if she disclosed the incident to anyone.

10. The National Security Adviser, NSA, Attorney-General of the Federation and Minister of Justice, Accountant-General of the Federation, Minister of Foreign Affairs and other top government officials are expected to appear before the House of Representatives Ad Hoc Committee investigating the legal basis, operations and budgetary inclusion of phantom Presidential Foreign Investment Promotion Council, PFIPC today.

See also  EFCC arraigns hotel manager for alleged N19m fraud

Continue Reading

News

AICL expands youth enterprise drive, awards N9.75m to innovative startups across three sectors

Published

on

By

The Abuja Investment Company Limited (AICL) has reinforced its commitment to youth entrepreneurship and innovation by awarding a total of N9.75 million to nine outstanding startups at the 2026 Abuja Young Entrepreneurs’ Hunt, with winners emerging from the information and communications technology (ICT), creative and agribusiness sectors.

The competition, organised by AICL in partnership with the Abuja Enterprise Agency (AEA), rewarded three winners in each of the three sectors, with cash prizes of N1.5 million, N1 million and N750,000 respectively to support business expansion.

Speaking at the event in Abuja on Tuesday, the Group Managing Director and Chief Executive Officer of AICL, Maureen Tamuno, said the initiative goes beyond cash awards by providing participants with mentorship, business visibility and access to investors that can help transform their enterprises.

According to her, every participant in the competition benefits from intensive training and mentorship throughout the selection process, equipping them with practical skills that can accelerate business growth irrespective of whether they emerge as winners.

“The level of training and mentorship they receive from professionals during the programme goes far beyond the competition itself. It gives them ideas on visibility, expansion and sustainability,” Tamuno said.

She noted that AICL maintains relationships with past participants through mentors and partner institutions that monitor their progress and provide continued guidance to ensure their businesses grow.

“We have mechanisms in place to follow up with them. That is why previous winners return every year to share their success stories and inspire new participants,” she added.

Tamuno said this year’s winners would also be given opportunities to pitch their businesses before investors and business leaders during the upcoming Abuja Business and Investment Expo 3.0, enabling them to secure partnerships, funding and wider market access.

See also  Ex-legislative aide bags eight-year jail term over N120m employment scam

She recalled that participants from previous editions attracted support from successful entrepreneurs, with some receiving investment, mentorship and employment opportunities after presenting their business ideas.

“We create the platform that allows investors and successful business people to connect with these young entrepreneurs even after the programme,” she said.

Tamuno called on private sector organisations, philanthropists and development partners to collaborate with AICL and the Abuja Enterprise Agency to expand support for youth-led businesses.

She stressed that while access to finance remains a major challenge, entrepreneurs also face structural constraints such as inadequate electricity and limited access to long-term financing.

According to her, recent investments in renewable energy are beginning to provide practical alternatives for small businesses.

“We now have renewable energy solutions that are helping businesses reduce dependence on the national grid. One of our markets operates entirely on green energy, and we encourage entrepreneurs to take advantage of these opportunities,” she said.

Tamuno urged Nigerians to believe in the country’s economic potential, arguing that sustainable national development requires collaboration between government, private investors and citizens.

“No country started instantly and everything started working. Countries grow and evolve. Nigeria is evolving, we are advancing.

“All we need to do is to believe in Nigeria, to believe in what we do. And as we evolve, we begin to create that awareness and support and, you know, apprenticeship opportunities for a lot of people that want to come into the space. What we do in Abuja Investment is create the space,” she added

See also  EFCC arraigns hotel manager for alleged N19m fraud

She also highlighted the Abuja Business and Investment Expo 3.0, scheduled for August 5 to 7, as a platform that connects businesses with investors through business-to-business and business-to-government engagements.

Acting Managing Director and Chief Executive Officer of the Abuja Enterprise Agency, Chudi Ugwuada-Ezirigwe, described young entrepreneurs as central to Nigeria’s future, noting that the competition was designed to nurture innovative businesses capable of creating jobs and solving societal challenges.

He explained that this year’s edition focused on ICT, the creative economy and agribusiness because of their high growth potential, while promising that future editions would accommodate additional sectors.

“The journey of a million miles begins with one step. We started with these sectors, but we intend to expand as more innovative business ideas emerge,” he said.

Ugwuada-Ezirigwe said the competition was widely publicised through digital platforms to ensure equal access for interested young entrepreneurs.

He encouraged participants who did not win to remain resilient, describing entrepreneurship as a journey built on innovation, determination and calculated risk-taking.

Chairman of the judging panel and economist, Paul Alaje, said the competition assessed both the viability of individual businesses and their broader economic impact.

According to him, judges evaluated innovation, sustainability, financial viability, scalability and the ability of businesses to create employment and substitute imported products.

He argued that supporting young entrepreneurs is critical to addressing poverty, unemployment and inflation.

“Our government will formulate policies, but citizens must apply those policies to create value. These businesses will generate employment, reduce imports, promote exports and contribute to economic growth,” Alaje said.

See also  EFCC launches probe into $6m, £53,000 cash intercepted at Lagos airport

He called on state governments across Nigeria to replicate the initiative, noting that empowering young people through entrepreneurship offers a sustainable response to unemployment and insecurity.

Among the standout innovations was Plastic Abdullahi Suleiman, winner of the creative category, whose business converts plastic waste and sand into durable interlocking paving stones without using cement.

Suleiman said the innovation was inspired by Nigeria’s growing plastic waste challenge and poor road infrastructure.

“We are turning plastic waste into stronger, more affordable interlocks. We believe this innovation can help solve both environmental pollution and road construction challenges,” he said.

Another winner, Ridwanllah Adeleke, Chief Executive Officer of Cyber Vigil and winner of the ICT category, said the recognition validated the company’s cybersecurity solutions designed to identify vulnerabilities in digital systems.

He urged government agencies to partner with indigenous cybersecurity firms to strengthen the protection of critical public infrastructure against data breaches.

Also speaking, Pamela Azeminor, first runner-up in the creative category, said the prize money would be invested in purchasing equipment for her fashion training academy.

She noted that access to finance remains one of the biggest obstacles facing young entrepreneurs, adding that the competition would enable her business to acquire machines capable of preparing fashion designers for global markets.

The Abuja Young Entrepreneurs’ Hunt forms part of AICL’s broader strategy to stimulate innovation, strengthen the startup ecosystem and position entrepreneurship as a catalyst for inclusive economic growth and job creation in the Federal Capital Territory.

Continue Reading

Trending News