News
ICPC nabs ex-CNS and Civil Defence deputy commandant

By Kayode Sanni-Arewa
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has nabbed ex-Chief of Naval Staff, Vice Admiral Usman Jibrin, and Adam Yusuf, a Deputy Commandant of the Nigerian Security and Civil Defence Corps (NSCDC) in Kogi State.
The we’re nabbed over the alleged diversion of more than ₦3 billion in public funds.
Both men are expected to face prosecution for their involvement in the fraudulent activities.
In a statement issued at the weekend, Demola Bakare, ICPC’s Director of Public Enlightenment and Education, confirmed the arrests, noting that Yusuf, who had been evading authorities, was finally apprehended at his residence in Gwagwalada, Abuja.
The commission’s investigation revealed that Jibrin allegedly orchestrated the fraud through Yusuf and another associate, former Brigadier General Ishaya Bauka Gangum.
The scheme reportedly involved the use of 92 fictitious companies, which were not registered with the Corporate Affairs Commission (CAC), to divert public funds.
Yusuf allegedly acted as a front for Jibrin, facilitating suspicious financial transactions that led to the acquisition of high-value properties.
Intelligence reports suggest that some of the stolen funds were used to purchase real estate abroad, including properties in Dubai, through proxies.
The legal dispute over the illegally acquired properties dates back to 2019, when a Federal High Court issued an interim forfeiture order on assets linked to Jibrin and Yusuf.
However, in July 2022, the court vacated the order, ruling that the ICPC had failed to provide sufficient evidence. The commission appealed the ruling, arguing that it was unreasonable and unsupported by available evidence.
ICPC’s investigation has traced the diverted funds to companies such as Lahab Integrated and Gate Coast Properties, which were used to acquire at least 18 properties.
Four of these properties have been forfeited to the federal government, while legal proceedings over the remaining assets continue.
The ICPC is also intensifying efforts to arrest other suspects who are still at large.
Jibrin, who served as the 21st Chief of Naval Staff from 2014 to 2015, has faced multiple corruption allegations since leaving office:
In 2024, the Federal High Court issued an arrest warrant for him in connection with a new ₦1.5 billion money laundering case filed by the ICPC.
He was previously linked to another ₦600 million money laundering case.
News
Tinubu nominates Melvin Ayogu to CBN board, requests Senate approval

President Bola Tinubu has nominated Melvin Ayogu to the board of the Central Bank of Nigeria and has sought Senate confirmation for the appointment.
The Special Adviser to Tinubu on Information and Strategy, Bayo Onanuga, made this in a statement on Wednesday.
Tinubu also sought Senate confirmation for Nwakuche Ndidi as controller-general of the Nigerian Correctional Service.
He said the requests, conveyed in letters to Senate President Godswill Akpabio, were read during Tuesday’s plenary.
Tinubu had previously nominated Robert Agbide, Ado Wanga, Murtala Sagaley, Urom Eke, and Olayinka Aliyu to the CBN board in February 2024.
However, on February 29, 2024, the senate confirmed four people as members of the board of the CBN after Eke rejected the offer, citing “conflict of interest”.
Tinubu replaced Eke with Ruby Onwudiwe on March 13, 2024; however, a day after, reports circulated that the president withdrew her nomination over political affiliation with the Labour Party, an opposition of the All Progressives Congress.
The decision reportedly followed pressure mounted on the president by members of the APC, as Onwudiwe publicly supported Peter Obi, who contested on the LP platform against Tinubu, at the 2023 presidential elections.
News
LSHA crisis: Tinubu meets Obasa, Meranda at Presidential Villa

Members of the Lagos State House of Assembly have arrived the State House, Abuja, to meet with President Bola Ahmed Tinubu.
The legislators who arrived in two coaster buses had been allowed into the President’s office area to wait for the meeting.
Both the reinstated Speaker of the Assembly, Hon Mudashiru Obasa, and the ousted one, Hon Mojisola Miranda, were also sighted in the team.
While Meranda arrived with her colleagues at some minutes past 2pm, Obasa arrived separately at about 2:50pm.
The meeting may not be unconnected with the recent leadership crisis in the State House of Assembly.
It would be recalled that Hon. Obasa was impeached as Speaker by a majority of his colleagues, but he was latter reinstated after the intervention of the political leaders especially the Governor’s Advisory Council, (GAC)
Despite the Speaker’s reinstatement, it was gathered that the bad blood as a result of his impeachment is yet to be over.
The Nation
News
Fubara’s Letter To Rivers Assembly Over S’Court Verdict Is ‘Useless’-Wike declares

The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has discribed as “useless” the letter sent by Governor Siminalayi Fubara to the Rivers State House of Assembly, requesting a meeting regarding the Supreme Court’s ruling on the state’s political matters.
During a conversation with journalists in Abuja on Wednesday, Wike, the former governor of Rivers State, voiced his disapproval, emphasizing that Speaker Martins Amaewhule and other members of the Rivers Assembly are independent individuals who deserve respect.
Wike argued that instead of issuing a public letter to invite the lawmakers, Fubara should have contacted Amaewhule and his team directly by phone to schedule a private meeting at a convenient time.
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