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N1.3 trillion fraud: EFCC confirms arrest, detention of ex-gov Okowa

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By Francesca Hangeior.

 

Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a former governor of Delta, Dr Ifeanyi Okowa, over alleged N1. 3 trillion fraud.

A credible sources within the anti-graft agency confirmed that the vice presidential candidate in the 2023 general elections was arrested in Port Harcourt, when he reported at the Port Harcourt Directorate of the EFCC.

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Reports have it that Okowa, was arrested for allegedly diverting N1.3 trillion being proceeds of 13 per cent derivation fund that accrued to the state during his tenure.

He was alleged to have diverted the fund from the federation account between 2015 and 2023 when he held sway in the oil-rich state.

Officials of the commission, who did not want their names in print, said that Okowa had earlier been invited by a team of crack detectives of the agency handling his case.

One of the sources said that he was arrested and would have to provide satisfactory answers to the questions posed to him regarding financial impropriety under his watch.

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The former governor was also alleged to have failed to render accounts of the funds as well as another N40 billion he allegedly claimed he used to acquire shares in UTM Floating Liquefied Natural Gas.

Specifically, Okowa allegedly bought shares valued at N40 billion in one of the major banks in the country representing eight per cent equity to float the offshore LNG.

When contacted, Dele Oyewale, the spokesman of the anti-graft agency, confirmed Okowa presence in the facility of the commission but he declined further comments further.

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Tinubu to establish child protection, development agency

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By Francesca Hangeior

President Bola Tinubu has stated that the Federal Government is taking concrete steps to protect the dignity and future of every Nigerian child, even as he said plans have been concluded to establish a Child Protection and Development Agency to coordinate all issues affecting Nigerian children in a unified and focused manner.

Tinubu spoke on Thursday during the first regional meeting of the Africa Pathfinder Countries of the Global Alliance on Ending Violence Against Children.

The event was held at the Presidential Villa in Abuja. The president was represented by Vice President Kashim Shettima.

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Tinubu said his administration is taking concrete steps to protect the dignity and future of every Nigerian child.

“Our legal frameworks reflect our conviction. From the Child Rights Act to the Violence Against Persons (Prohibition) Act, Nigeria has laid down the statutory foundation for the protection of children.

“But legislation alone does not shield the vulnerable — it is the will behind those laws, and the systems that enforce them, that make the difference.

“That is why our national strategy also embraces prevention and early intervention.

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“We are strengthening families and communities through programmes that promote positive parenting, challenge harmful social norms, and provide targeted support to vulnerable households. But we must be honest with ourselves. We cannot protect the child by merely reciting the anthems of their struggles or romanticising their vulnerability, Tinubu said.

He stated that the real hope lies in action — concrete, deliberate action.

“Our commitment must run deep, reaching into the very architecture of our education and health systems. This is the soul of our human capital development strategy,” he said.

Tinubu added that every Nigerian child should grow and learn in a safe environment.

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“We aim to ensure that every Nigerian child has the opportunity to grow, learn, and thrive in a safe and nurturing environment. This is not simply a policy objective; it is a moral obligation.

“We are investing in safe schools and embedding socio-emotional learning into our national curriculum.

“We are rolling out the National Guidelines on Alternative Care to ensure that even children without parental care are raised in love, safety, and stability,” he said.

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Just In: JAMB releases 2025 UTME results, withholds 39,834 over misconduct

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The Joint Admissions and Matriculation Board, JAMB, on Friday announced the release of the 2025 Unified Tertiary Matriculation Examination, UTME, results.

The board disclosed that it is withholding the results of 39,834 candidates over issues relating to examination irregularities.

Recall that over 1.9 million applicants participated in the just-concluded exercise.

JAMB also disclosed that 80 suspects across the country are currently under interrogation for examination fraud, with Anambra State leading the pack with 14 suspects.

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JAMB Registrar, Prof. Ishaq Oloyede, stated this on Friday while officially releasing the 2025 UTME.

He also disclosed that while 467 underage candidates met the prescribed minimum score, 50 were engaged in cheating scandal.

A press conference to this effect is ongoing.

Details coming…

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Just in: Popular Yoruba traditional ruler joins his ancestors

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The Oloba of Oba-Ile in Akure North Council Area of Ondo State, Oba Joseph Oluwadare Agunbiade, Otutubiosun 1
has joined his ancestors.

Oba Agunbiade who passed on Friday morning reigned for 39 years .

He was aged 84 years.

Sources told newsmen that traditional announcement of the monarch’s demise is however being awaited.

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Details shortly…

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