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Alleged $6bn Fraud: Agunloye Loses Bid to Stop Prosecution

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Justice Jude Onwueguzie of the Federal Capital Territory High, FCT, Court, sitting in Apo, Abuja on Wednesday, May 15, 2024 dismissed a preliminary objection brought by ex-minister of Power and Steel, Olu Agunloye challenging the powers of the Economic and Financial Crimes Commission, EFCC to prosecute him.

Agunloye is facing prosecution by the EFCC on seven-count charges bordering on suspected fraudulent Mambilla Power Project contract award to the tune of $6billion (Six Billion US Dollars).

On February 8, 2024, Agunloye had through his counsel, Adeola Adedipe (SAN) filed a motion challenging the powers of the EFCC to investigate and prosecute him as well as that of the jurisdiction of the court to try him.

In response, prosecution counsel Abba Muhammed filed a counter affidavit, dated February 22, 2024, where he dismissed Agunloye’s motion as incompetent and offensive to the provisions of Section 115(2) of the Evidence Act.

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Delivering ruling on Wednesday, Justice Onwuegbuzie struck out Agunloye’s motion for lack of merit and held that Section 6 and 7 of the EFCC Establishment Act, 2004 gave the Commission investigative and prosecutorial powers to cause investigation into any act of economic and financial crimes.

“On issues of whether the EFCC has the statutory power to investigate and prosecute before a court of competent jurisdiction, I have considered the application of the defence and the respondent, and I hold that the EFCC is charged with the investigation and prosecution of all economic and financial crimes including, contract scams, money laundering, advance fee fraud etc, including the investigation and enforcement of all economic and financial crimes laws, also cause investigation to weather an individual or company, or anybody is likely to commit any crime.

Since the instant charges brought against the defendant are economic and financial crimes in nature, the motion brought by the defendant lacks merit and is hereby dismissed,” the judge ruled.

Regarding the legitimacy of the prosecution fiat the Commission obtained from the Office of the Auditor-General rather than that of the Attorney-General of the Federation (AGF), the judge held that any other state, authority or person was eligible to institute criminal prosecution in the absence of the AGF.

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“Even if the charge has no seal of the Attorney-General of the Federation, that does not stop the potency of the charge, as the Attorney-General may decide on any member of his department he wishes to delegate his powers to carry out his duties by law,” he said.

He adjourned the matter till May 30, 2024 for continuation of trial.

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Ramadan: Speaker Abbas Urges Muslims To Pray For Peace, Prosperity of Nigeria

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By Gloria Ikibah
As the Islamic faithful begin the Ramadan fasting today, Speaker House of Representatives, Rep. Tajudeen Abbas, has urged Nigerian Muslims to pray for the country and its leaders.
Speaker Abbas in a statement signed by his Special Adviser on Media and Publicity, Musa Abdullahi Krishi, said Nigeria’s unity is paramount, which is why adherents of all religions must continue to offer sincere prayers for the country.
While noting that Nigeria needs divine intervention, the Speaker stated that the political, religious, and traditional leaders also need divine guidance to lead the people aright.
He specifically called for prayers and support for President Bola Ahmed Tinubu, urging Nigerians to continue to believe in the ‘Renewed Hope Agenda’ of the administration.
The Speaker also urged Nigerians to pray for the 10th National Assembly, especially the leadership, saying the federal parliament has many dividends of democracy to offer the people.
Speaker Abbas prayed to Allah (SWT) for a successful completion of Ramadan and acceptance of the prayers and supplications during the Holy Month.
He said: “I wish our brothers and sisters in Islam a successful Ramadan. I urge Muslims and non-Muslims alike to pray for our country, Nigeria, the leaders at the federal, state, and local government levels, as well as our religious and traditional leaders.
“Let us pray for peace and prosperity of our dear country. The skills and competencies of the leaders are not enough; let us pray for divine wisdom for us to be able to steer the country out of the current socio-economic turbulence. Together, we shall overcome our challenges.”
He urged Muslims to imbibe the virtues that come with the Holy month of Ramadan.
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Just in: Ramadan begins today -Sultan declares

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Fasting in the month of Ramadan, which is the ninth of the 12 Islamic calendar year, begins today, Saturday March 1, 2025, the Sultan of Sokoto and Leader of Muslim Ummah of Nigeria, Alhaji Muhammad Sa’ad Abubakar, declared on Friday.

The Sultan explained that his declaration followed verified and authenticated reports from various Muslim leaders across the country, which he said had been accepted.

The Sultan said: “Today, Friday, 28th February, 2025, brings us to the end of Sha’ban. Reports of positive sighting of the new crescent of Ramadan were brought to us by various leaders across the country. We have verified and have authenticated such reports and have duly accepted such reports.

“Therefore, tomorrow, 1st March, 2025, makes it 1st Ramadan 1446 After Hijrah,” the Sultan said.

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He, therefore, called on Muslims in the country to commence the fasting while also urging them to pray for leaders to enable them to lead the nation and its people well.

He seized the opportunity of the announcement to enjoin well-to-do Muslims to reach out and give to the less privileged or needy during the period.

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NAFDAC paints popular Indian company black over alleged sale of harmful

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The National Agency for Food and Drug Administration and Control (NAFDAC) says it has blacklisted Aveo Pharmaceuticals Pt Limited, an Indian company, over the illegal production and exportation of dangerous opioid combinations into West Africa, including Nigeria.

Opioids are a class of drugs that work in the brain to produce a variety of effects, including pain relief.

Opioid drugs include prescription pain medicine and illegal drugs.

In a statement on Friday, NAFDAC said investigations revealed that the company, managed by Vinod Sharma on the outskirts of Mumbai in India, is responsible for manufacturing and distributing Tafrodol and Royal 225 drugs containing a harmful mix of tapentadol and carisoprodol.

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Tapentadol is a powerful opioid, and carisoprodol is a banned muscle relaxant.

The agency said the substances pose severe health risks such as respiratory failure, seizures, overdose, and death to users.

“A BBC World Service investigation exposed how packets of these drugs, branded with the Aveo Pharmaceuticals logo, have been found on the streets of Nigeria, Ghana, and Côte d’Ivoire,” the statement reads.

“Further evidence confirmed that Aveo Pharmaceuticals is also involved in the illegal exportation of high-dose tramadol above 100 mg, a strength not registered or approved by NAFDAC.

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“Undercover footage captured Vinod Sharma admitting to the mass distribution of these opioids for abuse as street drugs across West Africa.

“Given the severity of these findings, NAFDAC has taken decisive action to blacklist Aveo Pharmaceuticals and block any future registration of its products in Nigeria.”

NAFDAC said it is committed to protecting public health by enforcing international best practices in pharmaceutical regulation, including stringent product registration, good manufacturing practice (GMP) inspections, post-marketing surveillance, and pre-shipment inspections for high-risk imports.

The agency said it has intensified enforcement operations against illicit pharmaceuticals in major drug distribution hubs across the country.

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NAFDAC urged the public to avoid unregistered medicines and only use prescription drugs dispensed by licensed healthcare professionals.

“With continued vigilance and public support, NAFDAC will persist in its fight against the circulation of fake, substandard, and dangerous pharmaceuticals in Nigeria,” the agency said.

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