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$35m NCDMB project: EFCC re-arraigns Akindele Akintoye, witness transferred $6.9m to defendant in cash

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Economic and Financial Crimes Commission, (EFCC), on Monday, 1 December 2025, re-arraigned Akindele Akintoye before Justice Ekerete Akpan of the Federal High Court sitting in Abuja on an amended six count-charge bordering on dishonesty and conversion of $35m Nigerian Content Development and Monitoring Project, NCDMB Project.....TAP TO CONTINUE READING

The two other defendants are Platforms Capital Investment Partners Limited and Duport Midstream Company Limited.

Prosecution counsel, E.E Iheanacho, SAN, informed the court that the prosecution had an amended charge dated November 27, 2025 and filed the same date. “We humbly seek that the charge be read to the defendants to take his plea.”

Counsel to the first and second defendants, E.O Adekwu, SAN, did not object to the application, while counsel to the third defendant, B.J Akomolafe also did not object.

One of the count reads: “That you Akindele Akintoye and Platform Capital investment Partners Limited between December, 2020 and February, 2021 in Lagos within the jurisdiction of this Honourable Court indirectly retained the sum of $16,006,000(Sixteen million, Six thousand United States Dollars) being part of the funds dishonestly converted from the money paid by the NCDMB Capacity Development Intervention Company Limited to Atlantic International Refinery and Petrochemical Limited as investment when you knew that the said sum of $16,006000 constituted proceeds of unlawful activity and you thereby committed an offence contrary to Section 15(2)(d) of the Money Laundering Prohibition Act, 2011 as amended by (Act No.1 of 2012) and punishable under Section 15(3) of the same Act.”

Another count reads: “that you Akindele Akintoye and Platform Capital Investment Partners Limited between December 2020 and January 2021 in Lagos within the jurisdiction of this Honourable Court indirectly used the aggregate sum of $9,048,725(Nine Million, Forty Eight Thousand, Seven Hundred and Twenty Five United States Dollars) being part of the funds dishonestly converted from the money paid by the NCDMB Capacity Development Intervention Company Ltd to Atlantic International Refinery and Petrochemical Limited as investment when you knew that the said sum of $9,048,725 constituted proceeds of unlawful activity and you thereby committed an offence contrary to Section 15(20(d) of the Money Laundering Prohibition Act 2011 as amended by the (Act No 1 of 2012) and punishable under section 15(3) of the same Act.”

The defendants pleaded “not guilty” when they were read to them.

The prosecution counsel called the third witness, Isah Yusuf, who informed the court that he was into sourcing dollars for people and get commission adding that he and one Adeshina used to give the first defendant dollars in cash “but I only saw him physically for the first time in EFCC office during investigation.

“Sometimes in 2021, PW2, a Zenith bank staff, Mr. Adeshina called me that he had a customer who had dollars in his account and wanted to swap with physical cash, so I went to meet Mrs. Bunmi, the owner of Oxygen Oil and Gas and Kensley Logistics Ltd and I met another person. Mr. Yunusa who has four corporate accounts: Rochdale Logistics Ltd, Honda Manufacturing, Porkfirst Ltd and Global Factual. They transferred the US Dollar to these company’s accounts and they were paid cash in dollars.” he said.

“I got the dollar in cash from Oxygen Oil and Gas and Kensly Logistics Limited and the other four accounts they gave him cash.”

When asked by the prosecution counsel to tell the court where the location, place of delivery and how many times the delivery were made, the witness said “Victoria island,”

“I used to deliver these cash payments to the office of the defendant on several occasions which I have stated in my statement in the EFCC.

The witness, through the prosecution, tendered the statement of the witness written at the EFCC, and they were marked by the court as L1, L2, and L3.

The witness further informed the court that the total amount of dollars paid to the defendant amounted to Six million, Nine Hundred Dollars in cash.

“I gave it to his staff. The first defendant never came down to meet us.

Justice Akpan thereafter adjourned the matter to December 2, 2025 for continuation of trial.

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Sanusi will lead Sallah Durbar in Kano – Gov’t

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The Kano State Government has announced that the Emir of Kano, Muhammadu Sanusi II, will lead this year’s Eid-el-Fitr Durbar, even as it unveiled strict guidelines to prevent a breakdown of law and order during the celebrations.....TAP TO CONTINUE READING

The government said the decision, approved by Governor Abba Kabir Yusuf, followed credible intelligence reports indicating attempts by some individuals to create unrest during the Sallah period.

In a statement issued on Wednesday by the Commissioner for Information and Internal Affairs, Ibrahim Abdullahi Waiya, the government said it remained committed to preserving Kano’s cultural heritage but would prioritise peace and security.

According to the statement, Hawan Idi (Eid Durbar) will be conducted by Emir Sanusi from the Kofar Mata Eid Ground through designated routes to Gidan Shettima, terminating at Kofar Fatalwa of the emir’s palace.

It added that Hawan Nasarawa would be held in a modified form without horseback displays, while Hawan Daushe, Hawan Fanisau and Hawan Dorayi have been suspended for the time being in the interest of public safety.

The government said all security agencies had been directed to intensify surveillance and ensure strict compliance with the directives before, during and after the festive period.

It urged residents to remain calm, law-abiding and cooperative with security agencies, while cautioning against the spread of unverified information.

The government further assured the public of its commitment to a peaceful and hitch-free Sallah celebration, wishing Muslims in the state a joyous Eid-el-Fitr.

The Durbar, a centuries-old cultural procession, has been thrown into uncertainty following conflicting statements from government officials on whether it will hold this year, given the unresolved legal battle between Sanusi II and Aminu Ado Bayero.

While Governor Yusuf reinstated Sanusi II in 2024, Bayero continues to contest his dethronement in court, leaving the emirship in dispute.

The government recently hinted that the stool controversy would soon be resolved.

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2027: Igboho dismisses Sowore’s comment on ‘transactional politics’

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Yoruba nation agitator, Sunday Adeyemo, popularly known as Sunday Igboho, has dismissed comments by human rights activist and former presidential candidate, Omoyele Sowore, over what he described as transactional politics and activism.....TAP TO CONTINUE READING

PUNCH Online reports that Sowore’s comment followed a viral video in which the activist criticised what he described as “transactional politics” among some regional agitators and influencers, accusing them of aligning with political actors for personal or material benefit.

In the video, Sowore appeared to reference Igboho, suggesting that his recent political positions, including support for President Bola Tinubu’s potential re-election bid, reflected what he termed “amala politics” — a colloquial expression often used to imply opportunistic or interest-driven engagement rather than principled activism.

Igboho, in a statement issued by his media aide, Olayomi Koiki, in Ibadan, the Oyo State capital, on Tuesday, criticised Sowore for allegedly describing his activism as “amala politics” in a recent viral video circulating on social media.

He described the comment as an inconsequential rant that should be ignored by the public.

Igboho argued that his agitation for improved security in the South-West and his support for the second-term bid of President Bola Tinubu in 2027 were constitutional rights aimed at promoting the collective interests of the Yoruba people and the development of Nigeria.

He said, “We strongly reject the characterisation of Igboho’s activism as transactional. Such a myopic position misrepresents the intent and focus of our agitation on effective grassroots security in the South-West and Nigeria as a whole.

“How many protests did Sowore organise to push for my freedom? Sowore’s claim of fighting for the masses contradicts his alleged daily lodging expenses of N450,000 at a popular Lagos hotel.

“I cannot be compelled to endorse political figures such as Peter Obi or Atiku Abubakar, or even align with Sowore’s political platform. I have the right to make independent political decisions based on the security and collective interests of the Yoruba people.”

He added that Igboho’s advocacy prioritises addressing insecurity across Yorubaland, including killings of farmers, kidnappings along highways and attacks on traditional rulers and royal institutions.

Koiki, however, clarified that these concerns form the basis of Igboho’s movement rather than any ambition for political office or revolutionary leadership.

The statement added, “While Sowore has consistently promoted nationwide revolution as a pathway to leadership, Igboho’s approach is rooted in protecting lives, land and property within Yoruba territory. This agitation is a response to real and ongoing threats faced by communities in the region.

“Latest security incidents in northern Nigeria, including reported explosions in Maiduguri on March 16, 2026, also raise questions about the broader effectiveness of long-term revolutionary advocacy.

“We challenge Sowore to assess the situation in his home state of Ondo State, considering the growing cases of banditry, kidnapping and attacks on rural communities.”

The statement added that the impact of insecurity on vulnerable groups, including farmers, traditional rulers, women and children, had been severe, with several communities reportedly affected.

“These realities reinforce Igboho’s long-standing call since 2020 for localised security measures and stronger regional protection strategies.

“Labelling our agitation and efforts as ‘amala politics’ undermines the urgency of the security crisis and the legitimacy of grassroots agitation,” the statement concluded

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Aisha, Deji, Atiku’s aide, Ibe fume over continuous detention of El-Rufai

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The continuous detention of the former governor of Kaduna State, Mallam Nasir El-Rufai, has sparked reactions from politicians and socio-political activists.....TAP TO CONTINUE READING

DAILY POST reports that the former governor has been in the custody of the Independent Corrupt Practices and Other Related Offences Commission, ICPC, over an ongoing investigation into alleged financial impropriety when he was governor.

El-Rufai had earlier spent two nights in the custody of the Economic and Financial Crimes Commission, EFCC, before he was picked up by the Department of State Services and then later handed over to the ICPC.

His continuous detention has sparked outrage among citizens who are calling on the commission to immediately charge the former governor to court.

Popular socio-political activist, Aisha Yesufu, said in a post on X that “holding a citizen indefinitely without trial” is impossible.

According to her, “that is not justice. That is not accountability. That begins to look like persecution.

“Every Nigerian, no matter how powerful or unpopular, has the right to a fair hearing. That right is not a favour from the government. It is a constitutional guarantee. If El-Rufai committed crimes, then prosecute him. Nigerians will support that. But what we must never
Support is a system where the government can detain anyone endlessly, simply because it can.

“Today, it may be El-Rufai. Tomorrow, it could be anyone else who speaks or acts in a way that those in power do not like. A democracy must be better than that.

“So the message is simple: charge him in court or release him. Let justice be done openly, lawfully, and transparently. That is the only way a nation that claims to respect the rule of law should act”.

Similarly, an activist lawyer, Deji Adeyanju, in an interview he posted on X on Wednesday, demanded that the former governor be charged to court immediately, condemning El-Rufai’s incarceration.

“No matter the allegations, I think he should be charged in a court of competent jurisdiction so that he can face the music.

“All these things currently going on don’t look tidy to me”, he said.

On his part, Paul Ibe, a media aide to the former vice president, Atiku Abubakar, lambasted ICPC for not charging the former governor to court.

In a statement on his X handle, Ibe accused the Commission of taking sides with the President Bola Tinubu-led administration.

He wrote, “The matter of the former Governor of Kaduna State, Mallam Nasir el-Rufai @elrufai has proven beyond measure that the ‘I’ in ICPC (Independent Corrupt Practices and Other Related Offences Commission) @icpcnigeria represents Illegal or Irresponsible.

“There’s nothing Independent about the Commission. They’re no different from all the other institutions of state that are standing on Tinubu’s mandate. The ICPC is nauseatingly pliable and has disgracefully made itself available in coercing members of the opposition into the ruling party”!

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Art & Commercial students don’t fail JAMB because they’re dull. They fail because they’re taught like Science students. Science students calculate — JAMB rewards that. Art students explain — JAMB doesn’t. So you read hard, attend lessons, yet your score disappoints you. This online class fixes that. No theory overload. No confusion. Just real JAMB questions, clear breakdowns, and winning strategies. 📌 JAMB is not hard — you were just taught the wrong way.Click The Link To Reach Us Now 👉 https://wa.me/2349063958940

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