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Alleged $6bn fraud: Agunloye’s objection compel EFCC to submit documents

An objection raised by the former Minister of Power and Steel, Dr Olu Agunloye, to the oral evidence of prosecution witness in his ongoing trial, on Monday, forced the Economic and Financial Crimes Commission (EFCC) to tender documentary evidence.
The EFCC is prosecuting the former minister before an Abuja High Court over alleged $6 billion infractions in the award of contract for construction of Mambilla Hydroelectric Power Station in Taraba.
Agunloye is standing trial on an amended seven-count charge of forgery, disobeying presidential directive and gratification before Justice Jude Onwuegbuzie of the FCT High Court, sitting at Apo.
“In the charge, marked FCT/HC/CR/617/2023, EFCC alleged that Agunloye awarded contract for the Mambilla project in May 22, 2003 to Sunrise Power and Transmission Company Ltd (SPTCL) without any budgetary provision, approval and cash backing.
The commission, also among others, alleged that the former minister received the total of N5.212 million from SPTCL Ltd and Leno Adesanya, through Jide Abiodun Sotirin, which was paid into his Guaranty Trust Bank account.
The amount, the commission said was paid to the defendant, for obtaining the Federal Government’s approval for the construction of the Mambilla power project in favour of SPTCL while serving as minister.”
The former minister, however, pleaded not guilty to the charges against him.
At the resumed hearing on the matter,the third prosecution witness (PW3), Umar Babangida, an Assistant Commissioner of Police on secondment to EFCC from the Nigeria Police Force, testified.
He narrated how on Oct. 6, 2021, the Attorney-General of the Federation (AGF) and Minister of Justice petitioned the anti-graft agency and requested an investigation into the May 22, 2003 approval to SPTCL Ltd for the construction of the Mambilla project.
Babangida, who was led in his evidence by prosecution counsel, Abba Mohammed SAN, said that the petition was assigned to the special committee he headed to investigate.
He said his team wrote to Corporate Affairs Commission (CAC), requesting for documents on incorporation of SPTCL Ltd, which revealed that the company was incorporated in 2001 with two directors, Laitan Adesanya and Ibironke Adesanya.
He explained that between 2003 and 2020, the company’s share capital rose from 1,250,000 to 10 million ordinary shares.
He added that Laitan Adesanya held the major shares of 8,725,000 and was the Managing Director/CEO of the company.
The PW3 further narrated to the court that his team wrote to the Federal Ministry of Power and Steel, requesting for records of bidding process and evaluation.
He also added how his team requested for recommendation and approval for the award of the Mambilla power project, which he said the team received from the ministry.
The ACP informed the court that part of the documents received from the ministry was a letter dated April 7, 2003, written by the then minister, Dr Agunloye.
“The letter was addressed to Chief Olusegun Obasanjo, GCFR.
” The letter reminded the President of the earlier approval by the President for the Ministry of Power and Steel to conduct further negotiations between the ministry and Tafag Nigeria Ltd and Sunrise Power and Transmission Company Ltd.
“The letter further informed Mr President that after negotiations with the companies, the proposal and presentations by Sunrise Power and Transmission Company Ltd for the construction of the Mambilla Hydropower Station, on built, operate and transfer basis, was found to be more superior and acceptable.”
The PW3 added that Obasanjo later endorsed the letter to then minister, “stating no objection but bring memo to council with comparison to coal fired thermal of 4,000 megawatt to 5,000 megawatts.”
Babagida narrated how his team of investigators wrote and received response from the Secretary to the Government of the Federation (SGF), Cabinet Affairs Office.
Also, when PW3 was questioned on the meeting of the Federal Executive Council of May 21, 2003, then, Counsel to Agunloye, Mr Adeola Adedipe SAN, objected to further testimony by Babangida
According to Adedipe, the PW3’s evidence violated Section 128(1) of the Evidence Act, submitting that the witness should not continue to give oral evidence on what had been documented.
Adedipe told the court that the document was not before the court yet, adding that the prosecution could bring it and demonstrate same.
The prosecution counsel while responding to the objection, however, said there was nothing in Section 128(1) of the Evidence Act which precluded an investigator from giving evidence of what he saw, heard or generated in the course of his investigation.
The defence’s objection was upheld by the court following which the prosecution tendered the documents.
The documents ncluded the petition by the Attorney-General of the Federation; letters of investigation activities to to both CAC and SGF, among others.
The documents were subsequently admitted and marked as exhibits by the court.
Meanwhile, Justice Onwuegbuzie adjourned until April 30 for continuation of hearing.
(NAN)
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A trained workforce panacea for increased productivity – MD NSITF

By Kayode Sanni-Arewa
The Nigeria Social Insurance Trust Fund (NSITF), has identified a trained workforce as the panacea for increased productivity in the nation’s economy, and for rapid industrialization.
The Managing Director of NSITF, barrister Oluwaseun Faleye, while receiving the Senior Special Assistant to the President on industrial training and development, Adamson Olawatosin Ayide and his team on courtesy visit at Corporate headquarters of the Fund, buttressed the importances of a trained workforce in the country, saying ” It is the foundation for economic growth and sustainability in the country.”
Faleye, maintained that industrialization and manpower development efforts in Nigeria must be emphasized on the importance of a trained workforce.
According to him, increased productivity in the country and rapid industrialization resonates deeply on a trained workforce.
“In fact, it is indeed the foundation for economic growth and sustainability,” he also noted
Explaining further, the NSITF MD said ” A trained workforce is not just beneficial; it is essential.Through ongoing training, retraining, and skill development, we empower our people to earn a decent living. This responsibility falls on all of us, and those in leadership must be supported in these endeavours.”
Speaking on the benefits of a skilled workforce in the country and a proposed collaboration with the NSITF, Faleye posited ” This collaboration will facilitate mutual benefits across various sectors in Nigeria. The rationale for this partnership is evident by training individuals and equipping them with the necessary skills for gainful employment.
” NSITF can step into the process, provide support and services that benefit both workers and employers. Economic development is an interconnected responsibility that requires cooperation among various agencies and departments.
” We cannot operate in silos,our efforts must be aligned and amplified for maximum impact. l assure you that NSITF is prepared to commit both human and financial resources to the forthcoming national industrial manpower summit.”
To this end, he praised the SSA for his commitment to industrial development in the country, thanking Mr President for recognizing the importance of placing the right individuals in crucial roles.
He assured him of support from the Fund to ensure the success of the national industrial summit.
His words:” l appreciate your recognition of the collaborative nature of this endeavour. It is crucial that we work together across various agencies and departments to ensure that our initiatives are not only effective but also mutually beneficial.”
Earlier, in his address, the Senior Special Assistant industrial training and development, said “The mandate of my office is clear—to support Ministries, Departments, and Agencies (MDAs), as well as strategic private organizations, in the development of industrial manpower.
“In today’s rapidly evolving economic landscape, skills development is not just an option but a necessity for national progress. We believe that a robust, skilled workforce is the backbone of industrial growth, economic sustainability, and social stability.
“We recognize the critical role NSITF plays in protecting and empowering the Nigerian workforce. Your commitment to social security and employee welfare aligns with our vision for a skilled, protected, and productive labour force. It is for this reason that we seek to establish a strategic collaboration between our offices—one that will enhance skill acquisition efforts across industries, ensuring that Nigerian workers are not only well-trained but also well-supported”, he added.
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Just in: Bill to Create Prime Minister’s Office Passes Second Reading

By Kayode Sanni-Arewa
A bill seeking to create the Office of the Prime Minister in Nigeria has passed its second reading in the House of Representatives. This proposed constitutional amendment aims to introduce a parliamentary-style governance structure, potentially altering Nigeria’s current presidential system.
Key Details of the Bill The bill, sponsored by key lawmakers, proposes the creation of a Prime Minister’s office, which would act as the head of government, while the President retains a ceremonial role as the head of state. If passed, Nigeria’s political system would move closer to a hybrid model, similar to those in France and India, where executive powers are shared between the President and Prime Minister.
Debate and Political Reactions The bill has sparked heated debates among lawmakers, political analysts, and the public: Supporters argue that a Prime Minister-led government would improve efficiency, accountability, and reduce executive overreach. Critics warn that it could lead to political instability, with frequent leadership changes based on parliamentary votes of confidence.
Opposition parties have also raised concerns that the move could be a political strategy to restructure power dynamics ahead of the 2027 elections.
What’s Next? With the bill now clearing the second reading, the next steps include: Committee Review: Further scrutiny and possible amendments. Third Reading & Final House Vote: If approved, it moves to the Senate for consideration. State Assembly Approval: A constitutional amendment requires ratification by at least two-thirds of Nigeria’s 36 states. If fully passed, Nigeria could see its most significant governance reform since the return to democracy in 1999.
Implications for Nigeria’s Future A shift to a Prime Minister-led system could: Decentralize executive power, making governance more collaborative. Change how elections are conducted, potentially giving more power to political parties rather than individual candidates. Impact economic and foreign policies, depending on the Prime Minister’s authority over ministries and agencies. As discussions continue, Nigerians will be watching closely to see whether this proposed change ushers in a new political era or deepens existing divisions.
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Deputy Speaker Commends Role Of Media In Nigeria’s Democracy

By Gloria Ikibah
The Deputy Speaker, House of Representative, Rep. Benjamin Kalu has expressed deep appreciation to journalists covering legislative proceedings on their role in educating the public on the fundamentals of democracy.
Speaking to members of the House of Representatives Press Corps (HoRPC) at the National Assembly in Abuja, Kalu reflected on his past role as spokesperson, and stressed how necessary it is for legislators to engage with the media.
The Deputy Speaker recognised the difficult task journalists have to gor through in ensuring that Nigerians understand the fulcrum of democracy, especially as the system is still evolving.
He said: “It is one of the most difficult jobs to do because Nigeria is not used to this arm of government,” he stated.
Kalu recognised the the intentional efforts of the press in educating the masses.
According to him, the media’s persistent push has led to greater public understanding of how democracy functions and its role in advancing the nation.
“Your publications will not be forgotten”, Kalu said, even as he praised journalists for their role in nation-building.
“Your work is like laying bricks for the country’s development, encouraging them to continue writing despite the challenges they face”, he added.
The Deputy Speaker further reassured the media that their contributions to democracy will be remembered by posterity.
Speaking on Nigeria’s democratic journey, Kalu stated that while the nation is advancing, there is still much work to be done.
“We are not static.
“Once there is a movement, sometimes it will be fast, sometimes slow, but we are not static, and we keep moving until we get to our destination”, he said.
On the recent developments, including the establishment of development commissions across geopolitical zones, Kalu praised President Tinubu for approving these commissions, especially in the Southeast, where the said scars of war are still fresh.
Speaking further on legislative matters, Kalu addressed the National Assembly’s role in the review of the constitution, emphasizing the need for laws to evolve with society.
He therefore urged the media to help the public understand that proposals are not laws and that misinformation should be avoided. He also clarified the process of state creation and other parliamentary proposals, reassuring the public that such proposals are still under review and have not been enacted into law.
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