EVENTS

Ex-CBN Gov. Emefiele to forfeit $4.7m, N830m, others to FG

Published

1 year ago

May 24, 2024

The Federal High Court sitting in Ikoyi, Lagos has granted the interim forfeiture of $4,719,054, N830,875,611, and other assets linked to the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.

The order was issued on Friday, May 24, by Justice Yellim Bogoro after an ex-parte motion by the Economic and Financial Crimes Commission (EFCC).

Bilkisu Buhari, counsel to the anti-graft agency, filed the ex parte application for the forfeiture.

The funds that have been forfeited to the federal government in the interim are said to be domiciled in First Bank; Titan Bank and Zenith Bank, being operated by Omoile Anita Joy; Deep Blue Energy Service Limited; Exactquote Bureau De Change Ltd; Lipam Investment Services Limited; Tatler Services Limited; Rosajul Global Resources Ltd and TIL Communication Nigeria Ltd.

The properties include 94 Units of an 11-floor building under Construction at 2, Otunba Elegushi 2nd Avenue Road, Ikoyi, Lagos; AM Plaza, 11-floor office space, situate on 1E, Otunba Adedoyin Crescent, Lekki Peninsula Scheme 1, Lagos; Imore Industrial Park 1, Esa Street, Imoore Land purchased with (Deep Bive Industrial Town, Oriade LCDA, Amuwo Odofin LGA, Lagos; Mitrewood and Tatler Warehouse (Furniture Plant at Bogije) near Elemoro Lagos, Owolomi Village, Ibeju-Lekki LGA, Lagos and two properties purchased from Chevron Nigeria, Closed PFA Fund, block b lot twin completed property in Lakes Estate. Lekki, Lagos.

Others are one plot measuring 1,038.069 sqm, at Lekki Foreshore Estate Scheme, Block A, Plot 4, Foreshore Estate, Eti-Osa, LGA; Estate located at 100, Cottonwood Coppel Texas Drive, Coppel, Texas, Owned by Lipam investment Services; a Land at 1, Bunmi Owulude Street, (Maruwa), Lekki Phase 1, Lagos and a property situate on 8, Bayo Kuku Road, lkoyi, Lagos.

Emefiele is currently facing multiple trials over alleged ab¥se of office, unauthorised printing of the naira, and procurement fr@ud.

EVENTS

Tinubu offended me, he’s full of himself – Babachir Lawal

Published

5 hours ago

August 12, 2025

Ekwutos Blog

A former Secretary to the Government of the Federation, Babachir Lawal, has claimed that he did not offend President Bola Tinubu.

Instead, he insists that it was Tinubu who offended him.

Lawal stated this while answering questions on Politics Today on Channels Television on Monday.

When asked by host Seun Okinbaloye if he is still friends with Tinubu, Lawal replied: “Yes, of course. We are friends. You should be able to tell your friend the truth even on national TV. The last time I spoke with him (Tinubu) was July 2022.

“The problem with Bola Tinubu is that he thinks that I offended him. I didn’t offend him. But he offended me. And he’s full of himself. Because he thinks he’s the so-called president.”

EVENTS

EFCC arrests Tambuwal over alleged N189bn fraud

Published

5 hours ago

August 12, 2025

Ekwutos Blog

Aminu Tambuwal, former governor of Sokoto State, is currently being quizzed by the Economic and Financial Crimes Commission, EFCC, in Abuja.

The Cable reports that Tambuwal, a former governor and currently a serving senator, is in detention over alleged fraudulent cash withdrawals to the tune of N189 billion.

The development comes after the African Democratic Congress, ADC, alleged that EFCC was carrying out selective investigations targeting opposition politicians.

In a statement signed by its National Publicity Secretary, Mallam Bolaji Abdullahi, the party claimed that recent EFCC summons to senior members of the opposition coalition were politically motivated and linked to their political affiliations.

According to ADC, some of the cases being pursued are not based on new evidence but involve reopening files from past years.

EVENTS

BREAKING: Nigerian Senator Ibrahim Musa Kontagora D1es After Abuja Hospital Denies Surgery Over $15,000 Bill

Published

3 days ago

August 9, 2025

Ekwutos Blog

In a devastating turn of events that’s igniting outrage across the nation, Senator Ibrahim Musa Kontagora has sadly passed away after a private hospital in Abuja allegedly refused to perform a crucial surgery due to his inability to pay a $15,000 (around ₦23 million) medical bill upfront.

The former senator was in dire need of a life-saving operation, but reports indicate that the medical team wouldn’t move forward without full payment — even in his critical state. Just moments later, he was pronounced dead.

This heartbreaking incident has reignited a national conversation about:

The failing state of Nigeria’s healthcare system, the ruthless commercialization of essential medical care

The growing divide between the political elite and the struggling masses

Despite being a former senator, Kontagora became yet another casualty of a system that views healthcare as a luxury rather than a fundamental right.

Critics are demanding immediate reform and asking:
“If a senator can be left to die over a bill, what hope do ordinary Nigerians have?”

Nigerians deserve answers; they deserve better.
They deserve a healthcare system that prioritizes life over profit.