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Court sets September 12 for hearing on forfeited assets linked to Emefiele

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Justice Deinde Dipeolu of the Federal High Court, Ikoyi, Lagos, has fixed Thursday, September 12, for hearing of all applications on all forfeited funds and properties linked to a former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

It would be recalled that Justice Akintayo Aluko had on August 15, ordered an interim forfeiture of a sum of $2.045 million, and some landed properties linked to the embattled banker following an ex-parte application by the Economic and Financial Crimes Commission (EFCC).

The judge granted the forfeiture order, after taking the submission of EFCC’s counsel, Mr. Rotimi Oyedepo (SAN), leading Chineye Okezie and Zeenat Atiku-Bala, who filed and moved the motion for the order.

Other properties ordered to be forfeited by the court include: two fully detached duplexes of identical structures, lying and situated at No. 17b Hakeem Odumosu Street, Lekki Phase 1, Lagos; an undeveloped land, measuring 1919.592sqm with Survey Plan No. DS/LS/340 at Oyinkan Abayomi Drive (Formerly Queens Drive), Ikoyi, Lagos; a bungalow at No. 65a Oyinkan Abayomi Drive, (Formerly Queens Drive), Ikoyi, Lagos and a four-bedroom duplex at 12a Probyn Road, Ikoyi.

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The properties  also included an industrial complex under construction on 22 plots of land in Agbor, Delta State; eight units of an undetached apartment on a plot measuring 2457.60sqm at No. 8a Adekunle Lawal Road, Ikoyi, and a full duplex together with all its appurtenances on a plot of land measuring 2217.87sqm at 2a Bank Road, Ikoyi, Lagos.

Justice Aluko also ordered that two share certificates of Queensdorf Global Fund Limited Trust belonging to Emefiele be forfeited.

The judge, after granting the motion, ordered the EFCC to publish the forfeiture notice in a well-circulated national newspaper within 14 days, for any interested party to show cause and tell the court why the money and properties should not be finally forfeited.

At the resumed hearing of the matter, Mrs. Bilikisu Buhari-Bala appeared for the EFCC, while Mr. Olalekan Ojo (SAN) and A. Labi-Lawal appeared for Emefiele.

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Mr. Chibuzor Opara announced his appearance for the occupants of 8a, Adekunle Lawal No. 8a Adekunle Lawal Road, Ikoyi, Lagos.

Mrs. Buhari-Bala informed the court that the matter was fixed for report of compliance with the orders made on August 15, 2024.

She also informed the court that the EFCC had filed an affidavit showing that the order was published on August 28, 2024 in a national daily.

Buhari-Bala further informed the court that she had received two processes from Emefiele and that the applications were not ripe for hearing.

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She therefore asked the court for a short date to enable her to respond to Emefiele’s applications.

In his response, Mr. Ojo informed the court that the processes filed on behalf of Emefiele was to stop further proceedings in the forfeiture suit.

He stated that “the law says, where there is an application of such, the issue of final forfeiture should be stated”.

Ojo further informed the court that his client’s application, being an interlocutory one, must be heard and determined before any further proceedings.

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He therefore urged the court to adjourn till Monday, to hear his client’s application.

However, Opara told the court that he was yet to have all processes filed in the matter, despite applying to court for search.

He equally prayed for an adjournment to enable him file his client’s processes.

After listening to all the counsels, Justice Dipeolu adjourned till September 12, for hearing of all applications.

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59 Traff!cked Kids, Aged 4 To 12, Found In Bus In FCT

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By Kayode Sanni-Arewa

The Federal Capital Territory (FCT) Police Command says its patrol and guard unit intercepted 59 male children suspected to be victims of human trafficking

According to the FCT Police Commissioner, Olatunji Disu, the children are aged between 4 and 12.

Disu, at a press briefing on Wednesday, said the incident has been classified as a case of suspected child abuse and trafficking, given the absence of proper documentation or parental consent for the movement of the minors.

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Disu said a preliminary investigation revealed that the children, who came from different families, were being transported by one Idris Usman, a male resident of Nasarawa State.

He said Usman allegedly travelled to Kano State to convene the children en route to Nasarawa State under the pretext of training them.

The statement reads in part, “On 6th January 2025, at about 1530 hours, a team led by Deputy Superintendent of Police (DSP) Sarki Umar intercepted a white Peugeot 15 bus with Reg. No. KMC 283 ZJ along the Abuja-Kano route.

“The vehicle was driven by Ali Ibrahim, a male resident of Kano State, accompanied by his motor boy, Al Hassan Ibrahim, also of Kano State.

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“The bus was found to be transporting 59 male children aged between 4 and 12 years. Preliminary investigations revealed that the children, who came from different families, were being transported by one Idris Usman, a male resident of Nasarawa State. He allegedly traveled to Kano State to convene the children en route to Nasarawa State under the pretext of training them.”

“At present, the suspects, the vehicle, and all the children are in custody while a thorough investigation is underway. The Police Command is working closely with FCT Social Development Secretariat (SDS), to ensure that the children are safely reunited with their families and to bring all those involved in this act to justice,” he added.

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Just in: FG Endorses Telcos Tariff Increase

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By Kayode Sanni-Arewa

The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, says that telecom tariffs will soon increase but assures Nigerians that it will not be the 100 per cent that telecom operators are pushing for at the moment.

The Minister disclosed this at a stakeholders’ meeting with Mobile Network Operators (MNOs) on Wednesday in Abuja. He said consultations and engagements were ongoing to arrive at an acceptable rate, assuring that the Nigerian Communications Commission (NCC), would soon approve the new tariffs and make it public to Nigerians.

“You have seen over the past weeks that there has been agitation from some of these companies to increase tariff. They are requesting for 100 per cent tariff increase

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“But it will not be by 100 per cent. We are still looking at that study and NCC will come up with a clear directive on how we will go about it.

“We want to strike the balance as a government to protect our people, but also protect and ensure that these companies can continue to invest significantly.

“We need to ensure that as a sector, we get our acts together, ensure that from the regulation side, we put the right regulations in place that can ensure the growth of this sector.”

The Minister also noted that the Federal Government would no longer leave investments on infrastructure in the sector to private companies alone

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As a country, over time, we have left this investments in the hands of the private sector. They typically invest where they can see returns in the short to medium term.

“We will not want this conversation to just be about tariff increase. I think what the world is talking about today is meaningful connectivity.

“You want to have access to very good quality service.

“A part of it that the consumers may not be aware of is the investment that needs to go into the infrastructure that is used to deliver these services,” he said.

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The Executive Vice-Chairman (EVC), of the NCC Dr Aminu Maida said that the meeting with stakeholders was about the sustainability of the industry.

“We have looked at all of these factors, and that is why, like the Minister said, it is not likely that we are going to approve 100 per cent tariff increase.

“I know that Nigerians are agitated to hear the exact percentage approved. There is still some stakeholder engagements that we are going through, but you will hear from us within a week or two.”

He said that the NCC had put a number of tools and instruments into place by revising its quality of service regulations for compliance service quality.

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He said that the MNOs must comply simplified templates to show Nigerians charges per minute for voice calls, SMS and a megabyte of data.

“We are moving away from the regime where you will have a main rate, then you will now have a bonus which is at a different rate.

“It makes it often complicated and difficult for Nigerians to actually understand what they are being charged for.

“This is one of the things when we took a lot of time over the past year looking at data there is this agitation that the MNOs are stealing our data,” he said.

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The CEO of Airtel Nigeria, Dinesh Balsingh, represented by Femi Adeniran, Airtel media spokes person, noted that for the telecoms commitment to delivering superior connectivity and fostering digital inclusion, there is need for tariff increments.

“The economic realities of rising operational and capital costs, necessitated the proposed tariff adjustments.

This is aimed to ensure the long-term sustainability of the sector while unlocking significant benefits for Nigerian consumers,” he said.

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Two Nigerian Catholic Sisters Abducted In Anambra

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By Kayode Sanni-Arewa

Two Catholic reverend sisters, Vincentia Maria Nwankwo and Grace Mariette Okoli, were abducted by unknown gunmen on Tuesday evening in Anmbra State.

The nuns were returning from a vocational association meeting in Ogboji when they were taken along Ufuma Road in the Orumba South local government area.

Sr. Vincentia Maria Nwankwo is the Principal of Archbishop Charles Heerey Memorial Model Secondary School, Ufuma, while Sr. Grace Mariette Okoli is a teacher at Immaculata Girls Model Secondary School, Nnewi.

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Their abduction was announced on Wednesday in Awka, in a statement signed by Sister Maria Sobenna Ikeotuonye, IHM Secretary General, on behalf of the Sisters of the Immaculate Heart of Mary, Mother of Christ.

Although the statement did not say whether the abductors had established contact with any of the victims’ families or groups, it enjoined all priests, religious, and lay faithful to offer fervent prayers and supplications to God for the unconditional release of the sisters.

The Anambra State Police Command has confirmed the incident and launched a joint operation to rescue the kidnapped sisters.

Commissioner of Police Nnaghe Obono Itam visited the scene and assured that the command is working with clues to arrest the suspects and rescue the victims.

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A statement issued by the spokesperson for the state police command, SP Tochukwu Ikenga, on Wednesday, said, “Police-led Joint Operation is already ongoing for the possible rescue of two catholic nuns allegedly kidnapped along Ufuma Road, Orumba North Local Government.

“The sad incident occurred in the evening of yesterday 7/1/2025 when the nuns were returning from a Vocational service meeting in Ogboji.”

Unfortunately, insecurity has become a major concern in Anambra State, with frequent abductions.

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