Video - Millions of Nigerian landowners lack government-issued titles

According to Nigerian government data, less than 10 percent of land is officially documented, leaving millions of landowners without government-issued titles. This lack of formal recognition has become a significant barrier for landowners seeking loans. Experts point to bureaucracy and corruption within Nigeria's land ownership system as key factors contributing to the issue.

CGTN

Corruption watchdog in Nigeria recovers nearly $500 million in one year

Nigeria’s Economic and Financial Crimes Commission (EFCC) has announced a major anti-corruption milestone, recovering nearly $500 million in misappropriated funds last year.

The recovery effort is part of the agency’s anti-corruption campaign under President Bola Tinubu’s administration.

According to the agency, more than 4,000 criminal convictions were secured last year, its highest record since the EFCC was established over two decades ago.

Some of the recovered money was reinvested in government projects. Besides recovering cash, the EFCC said it also seized 931,052 metric tons of petroleum products, 975 real estate properties, and company shares.

The $500 million recovered last year is on par with the amount lost to corruption in 2022. Additionally, cybercrime suspects accounted for the majority of the 3,455 convictions recorded during this period.

Like many other countries, corruption has been a thorn in Nigeria’s side for years, holding back development in Africa’s most populous country and fourth-largest economy.

Despite efforts to tackle it, the country still ranks 140 out of 180 on Transparency International’s latest Corruption Perceptions Index (CPI).

In Africa, South Sudan takes the title of the most corrupt nation, scoring 8 and ranking 180th globally. Right behind it is Somalia at 179th with a score of 9, while Libya isn’t far off at 173rd with 13 points.

These countries continue to struggle with weak institutions, poor governance, and corruption that affects almost every aspect of life.

By Adekunle Agbetiloye, Business Insider Africa

Nigeria's anti-graft agency recovers nearly $30 mln in corruption probe

Nigeria's anti-corruption agency has recovered $28.88 million after launching an investigation into alleged fraud at a government ministry responsible for tackling poverty, a spokesperson said.

Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, was suspended in January less than six months after her appointment by President Bola Tinubu, who came to power last year on a promise to revive growth and fight corruption.

Economic and Financial Crimes Commission (EFCC) spokesperson Dele Oyewale said in a statement that the probe, ordered by the president, had uncovered a "system and intricate web of fraudulent practices".

So far, 32.7 billion naira ($28.43 million) and $445,000 had been recovered during the investigation into the activities of past and suspended ministry officials, he said.

"Investigations are ongoing and advancing steadily," Oyewale said.

The EFCC is also examining the potential misuse of COVID-19 funds, a World Bank loan, and loot recovered from former dictator Sani Abacha which was allocated to the ministry for poverty alleviation programs in Africa's most populous country.

The investigation extends beyond individuals, implicating banks that allegedly facilitated the fraud, he said.

"Banks involved in the alleged fraud are being investigated. Managing directors of the indicted banks have made useful statements to investigators digging into the infractions," Oyewale said, without providing details of the banks.

Nigeria has struggled for decades with endemic corruption among senior public officials. Despite being Africa's top oil producer and biggest economy, the country suffers widespread poverty, which many Nigerians blame on the political elite.

By Camillus Eboh, Reuters

Nigeria to spend seized money on rural electrification

On Friday, the government announced that millions in recovered funds linked to former Petroleum Resources Minister Diezani Alison-Madueke will be used to fund rural electrification projects across Nigeria. The announcement followed the signing of an Asset Return Agreement between Nigeria and the United States which enables the US to return nearly $52.9 million (€51.6 million) seized from the forfeiture of assets belonging to the former minister and her associates.

The agreement is significant in that it is the first repatriation of assets to Nigeria linked to Alison-Madueke. She was Nigeria's oil minister from 2010 to 2015 and became the first female president of the oil alliance OPEC.

Nigerian Justice Minister Lateef Fagbemi said the recovered funds were an example of the countries' unwavering commitment to fighting corruption. He added that "it also signifies the commitment of the United States of America to facilitating restitution and supporting integrity and accountability in governance."

Lucrative contracts

In 2017, a civil complaint filed by the US Department of Justice requested the recovery of over $100 million (€97 million) in assets suspected of being obtained through bribes to the former minister for petroleum resources. The lawsuit alleged that between 2011 and 2015, two Nigerian businessmen conspired with others to bribe the former oil minister, who oversaw the country's state-owned oil company NNPC Ltd. In return, the minister is said to have used her position in office to steer lucrative oil contracts to companies owned by the two businessmen.


According to court documents, proceeds from those illicitly obtained contracts were laundered through the United States and used to buy various assets via shell companies, including luxury properties in California and New York, as well as a 65-meter (214.5-foot) superyacht.

Alison-Madueke, who was minister for petroleum resources during the presidency of Goodluck Jonathan, has denied allegations of corruption. However, Nigeria's anti–graft agency has obtained court orders to seize houses, cars and jewelry in Nigeria, which it claims were proceeds of corruption connected to the former minister and her associates, according to the Associated Press.


The corruption challenge

Despite a projected economic growth rate of 3.7% in 2024, according to the African Development Bank, most countries continue to grapple with extreme poverty. As of 2024, an estimated 464 million people in Sub-Saharan Africa alone live in extreme poverty, according to the World Bank. The economic situation is the result of decades of severe underfunding in critical public sectors, exacerbated by corruption and illicit financial flows which siphon public funds and resources away from citizens.

Nigeria is rife with corruption. A 2023 report by the country's statistics agency, NBS, ranked corruption as the fourth-most significant problem affecting the country. Following shortly after, were other challenges including high living costs and rampant unemployment. In 2023 alone, about N721 billion (€451 million) was paid in cash bribes to public officials in the country.

Analysts are quick to point out that corruption could cost Nigeria up to 37 percent of its gross domestic product by 2030 if it is not adequately tackled.

Nigerian Justice Minister Lateef Fagbemi mentioned that diplomatic efforts such as the agreement between the United States and Nigeria highlight the "importance of international cooperation in addressing the global scourge of corruption, which is also linked to trans-border crimes." He also pointed out that it "underscores the obligations and commitments enshrined in the United Nations Convention against Corruption (UNCAC) and the Proceeds of Crime (Recovery and Management) Act , which guide our collective efforts to ensure that stolen assets are returned and used for the benefit of our citizens."


Funds bring light to rural communities

Nigeria has the world's largest deficit when it comes to access to electricity, according to the World Bank, with 45% of Nigerians cut off from power. An even grimmer disparity exists between urban and rural areas. Only 26 percent of rural Nigeria is connected to the electricity grid.

Since President Bola Tinubu assumed office in May 2023, he has taken on various initiatives aimed at bridging the electricity gap and introducing economic activities in rural communities. Earlier last December, German President Frank-Walter Steinmeier made a state visit to Nigeria to bolster energy ties between the two countries.

Justice Minister Fagbemi said the recovered funds would be used to support rural electrification through the World Bank, with $50 million earmarked for improving access to renewable energy in Nigeria's rural communities.

Fagbemi said the remaining nearly $2.9 million would be disbursed as a grant by Nigeria to the International Institute for Justice to support counterterrorism measures across Africa.

The justice minister said measures had been put in place to ensure that the returned funds are not only disbursed but also "utilized transparently and accountably by the World Bank and IIJ, with periodic reports to be forwarded to Nigeria and the US on the implementation of the projects."

By Sarah Hucal, DW

Related story: US returns $50m in alleged stolen funds to Nigeria

US returns $50m in alleged stolen funds to Nigeria

Close to $53m (£43m) in alleged illicit funds recovered from Nigeria's former oil minister Diezani Alison-Madueke among others will be used to fund public services, the country's justice ministry says.

The money is being sent back to Nigeria from the US, whose authorities allege that Alison-Madueke enriched herself, and others, while leading Nigeria's state oil firm by awarding contracts in exchange for bribes.

The US alleged that the money was then used to buy a 65-metre superyacht called the Galactica Star plus multiple luxury properties in California and New York.

Alison-Madueke, 64, has always denied all allegations of wrongdoing.

Her alleged ill-gotten gains are also under scrutiny in the UK, where two years ago she was charged with bribery offences including gifts of Louis Vuitton luxury goods, payment of private school fees, and at least $127,000 in cash.

A key figure in the administration of former President Goodluck Jonathan, she also served as the first female president of the oil exporters group Opec.

Her time as Nigeria's minister of petroleum resources began in 2010 and ended in 2015. She previously served as transport minister, and the minister for solid minerals and steel development.

The US Department of Justice announced in 2023 the final resolution of two civil cases on the forfeiture of assets that were reportedly laundered in and through the US by Alison-Madueke and her associates.

On Friday, the US and Nigeria confirmed that the sum of $52.88m would be repatriated to the West African nation.

This will be the first repatriation to Nigeria of assets outside the West African country linked to Alison-Madueke, the Reuters news agency reports.

Speaking at the formal signing ceremony in the Nigerian capital, Abuja, Attorney-General and Minister of Justice, Lateef Fagbemi, said the return of the funds marks a significant step in the ongoing efforts to combat corruption.

Fagbemi said $50m of the money will go through the World Bank to support rural electrification projects, and the remaining $2.88m will be directed to the International Institute of Justice to strengthen the justice system and promote anti-corruption efforts.

Meanwhile the US Ambassador to Nigeria, Richard Mills, has emphasised the need for accountability as well as the careful monitoring of the returned funds.

"The ministry of justice must guarantee that these funds are used transparently and effectively to improve the lives of Nigerians," he said.

In November 2022, the US government repatriated to Nigeria, $20.6m in assets allegedly stolen by former Nigerian military leader Gen Sani Abacha.

Five years ago, Washington transferred $311.8m to the Nigerian government as part of a previous agreement to repatriate assets that traced back to the Abacha regime.

Chris Ewokor in Abuja & Natasha Booty in London, BBC

Related story: Ex-Oil Minister of Nigeria Seeks $215 Million in Defamation Lawsuit

EFCC seizes hundreds of homes in huge anti-graft case in Nigeria

Nigeria's anti-graft agency has said it has made its biggest ever seizure of assets, alleged to have been purchased with the proceeds of corruption.

The Economic and Financial Crimes Commission (EFCC) announced that it has taken possession of a large housing estate comprising of more than 750 properties in the capital, Abuja.

The agency did not reveal exactly who had owned the land and luxurious homes but its statement said they belonged to a former high-ranking member of government.

The EFCC was set up in 2003 to fight corruption in a country where it is seen as endemic, existing through all government structures.

“The forfeiture of the property... was [in line with the] EFCC’s mandate and policy directive of ensuring that the corrupt and fraudulent do not enjoy the proceeds of their unlawful activities,” the agency said.

Situated on the outskirts of Abuja, passers by have for years wondered who owned the estate covering some 150,000 square metres.

A property expert based in Abuja estimated that the seized assets would be worth tens of millions of dollars on the market.

Corruption remains one of the biggest problems in Nigeria despite succesive governments promising to stop it.

The country is one of the Africa's largest oil producers, but few of its more than 225 million inhabitants have benefited from this wealth.

At the moment there are several graft cases in court involving past or present government officials.

In May this year, a former minister of aviation, Hadi Sirika, appeared in court on corruption charges, along with his daughter and son-in-law.

Sirika was regarded as one of the most powerful ministers in former President Muhammadu Buhari's government.

The EFCC accused him of using his position to give undue advantage to a company linked to his daughter and son-in-law.

The three pleaded not guilty and were released on bail.

By Mansur Abubakar, BBC

Nigeria recovered $5 billion in stolen assets over 25 years

Nigeria has successfully recovered over $5 billion in assets over the past 25 years, according to a report from the Civil Society Legislative Advocacy Centre (CISLAC).

・Nigeria has recovered over $5 billion in stolen assets in the past 25 years.

・Significant amounts were returned from Switzerland and the United States.

・Nigeria has achieved only 29% of key asset recovery indicators.

Nigeria has successfully recovered over $5 billion in assets over the past 25 years, according to a report from the Civil Society Legislative Advocacy Centre (CISLAC).

CISLAC’s Executive Director, Auwal Ibrahim Musa (Rafsanjani), shared this during the launch of the 2024 Report on the Common African Position on Asset Recovery (CARPA) in Nigeria. CARPA, a framework adopted by the African Union in 2020, aims to support African nations in recovering illicit funds.

“Over the past 25 years, Nigeria has recovered over $5 billion in stolen assets, including significant sums returned from Switzerland and the United States. Some notable cases include the Abacha assets, where hundreds of millions of dollars looted by former military ruler Sani Abacha were repatriated after decades of international negotiations,” he said.

Despite these recoveries, Mr. Musa highlighted persistent challenges in managing returned assets, noting that there’s still much to be done, especially when it comes to involving citizens and civil society.

Nigeria has achieved just 29% of key asset recovery indicators, hindered by the absence of a unified anti-corruption strategy and fragmented coordination among agencies, which continue to slow down recovery efforts.

He pointed out the lack of essential frameworks, like whistleblower protection channels, which would empower citizens to report corruption-related issues more safely.

The CISLAC report noted that Nigeria, along with other African nations like Morocco and Kenya, struggles to effectively manage returned assets, which limits their impact on national development.

The report emphasised the need for stronger international cooperation to enhance asset recovery efforts and combat corruption across the continent.

Adekunle Agbetiloye, Pulse 

Related story: Court in Nigeria tells government to account for recovered Abacha loot

Nigeria prison officials suspended over celebrity jail row

Two senior Nigerian prison officials have been suspended over bribery allegations regarding controversial transgender celebrity Bobrisky.

It follows claims by social media influencer Martins Otse, widely known as VeryDarkMan, that some anti-corruption officials were bribed to drop money laundering charges against Bobrisky. She has dismissed the bribery claim.

Bobrisky, whose real name is Idris Okuneye, was released from prison last month after serving a six-month sentence for abusing naira, the local currency. But a court dismissed money laundering charges.

Nigeria was last year ranked 145 out of 180 countries in the Transparency International's perceptions of corruption index, with bribery named more prevalent in government offices.

The Nigerian Correctional Service (NCoS) and the Economic and Financial Crimes Commission (EFCC) have ordered investigations into a viral video, which Bobrisky has called "false", allegedly linking her to the bribery allegation.

In the leaked video, someone who is purported to be Bobrisky is heard alleging that she paid $9,000 (£7,000) to EFCC officials to have the money laundering charges dropped.

It was also alleged that she paid some millions of naira to secure a private apartment near the prison where she allegedly served her jail term.

Bobrisky, who has nearly five million followers on Instagram, denied the allegations in an Instagram post.

"I didn’t pay any EFCC money, which is a very big lie. I served my term in full, and I came out. Discard any false information.”

In a statement on Thursday, the Civil Defence, Correctional, Fire, and Immigration Services Board, said it suspended two prison officers linked to the bribery allegations, which have sparked widespread condemnation in the country.

Two other senior prison officials were also suspended over separate accusations.

“The suspension of these officers is to allow for further investigation on the various allegations while assuring that the outcome would be made public when concluded,” the statement added.

By Wycliffe Muia, BBC

Abacha’s family challenges revocation of Abuja land

The Federal High Court, Abuja, on Wednesday, fixed 27 June for judgment in a suit by the family of the late Nigerian military ruler, Sani Abacha, challenging the revocation of his property in the Maitama District of Abuja.

The judge, Peter Lifu, fixed the date for judgement after the lawyer to the family of the late dictator, Reuben Atabo, a Senior Advocate of Nigeria (SAN), and those of the defendants led by James Onoja, also a SAN, adopted their processes and argued their case for and against the suit.

Mr Abacha, the partriach of the Abacha family, was a constant feature during the the dark era of military regimes between the 1980s and 1990s, variously serving as the Chief of Army Staff, Chief of Defence Staff and the Minister of Defence, until he became the Head of State in 1993.

Mr Abacha, a general, seized power from the interim national government of Ernest Shonekan on 17 November 1993 and ruled Nigeria until he died at the Presidential Villa in Abuja on 8 June 1998.

The developed piece of land in question was revoked from the family in 2006, about eight years after Mr Abacha died in office.

The News Agency of Nigeria (NAN) reports that the suit was instituted by the widow of the late Mr Abacha, Maryam Abacha, and her eldest surviving son, Mohammed Sani Abacha.

The defendants in the suit are the Minister of the Federal Capital Territory (FCT); Federal Capital Development Authority (FCDA); President, Federal Republic of Nigeria, and Salamed Ventures Limited as 1st to 4th respectively.

The applicants asked the court to set aside the purported revocation of the certificate of occupancy (CoO) of the property of the late Abacha located in the Maitama District.

The C of O marked FCT/ABUKN 2478 covering Plot 3119, issued on June 25, 1993, was said by the family to have been illegally and unlawfully revoked by the defendants.
 

How it began

In their statement of claims, the Abacha family said that the FCT, under Nasir El-Rufai, had instructed them to submit the C of O in their possession for re-certification.

They claimed that the 2nd plaintiff, Mohammed Sani Abacha, promptly complied with the directive by delivering the C of O to the FCDA and acknowledgement copy issued to him.

While waiting for a new C of O to be issued to them, Mohammed Abacha said he received a letter on 3 February 2006, notifying them that the C of O had been revoked without any reason adduced in the letter.

Besides the failure to give any reason for the revocation, the Abacha family alleged that adequate compensation was not paid as required by law.
 

Prayers

The family therefore asked the court to declare as unconstitutional, unlawful, illegal, null and void and of no effect, the purported revocation of the property.

They sought an order of the court setting aside the purported revocation and holding that their CoO is valid and subsisting having been revoked without payment of adequate compensation.

According to them, the Certificate of Occupancy issued to the late Head of State was maliciously revoked without legal basis or justification

The plaintiffs asked for an order of injunction prohibiting the defendants from taking any further step on the disputed revocation.

Similarly, they prayed to award N500 million as damages to be paid to them by the four defendants.
 

Defence

However, the defendants in their separate counter-affidavits and preliminary objections, asked for outright dismissal of the suit marked FHC/ABJ/CS/463/2016.

The defendants claimed that the suit at the time it was instituted had become statute barred having not been filed within time allowed by law, among other arguments.

Although, some of the defendants were not in court at Wednesday’s proceedings, the judge, Mr Lifu invoked the rule of the court in adopting their processes already filed.
 

Abacha

Mr Abacha ruled Nigeria with an iron fist between 1993 and 1998, when he suddenly died in office.

He seized power on 17 November 1993 after he dislodged the Ernest Shonekan-led interim government installed by the regime of Ibrahim Babangida.

Premium Times

Former Kwara finance commissioner arrested for N1.22 billion fraud

The Economic and Financial Crimes Commission (EFCC) has arraigned a former Commissioner for Finance in Kwara State, Ademola Banu, at the Federal High Court in Ilorin over alleged money laundering and misappropriation of state funds to the tune of N1.22 billion.

Mr Banu was arraigned before the judge, Evelyn Anyadike, on Monday, a statement sent to PREMIUM TIMES by EFCC’s spokesperson, Dele Oyewale, on Tuesday said.

The defendant was alleged to have, among other sundry offences, conspired to divert the said sum during the administration of then-Governor Abdulfatah Ahmed between May 2011 and May 2019 when he served as the Commissioner for Finance.

Mr Banu was to be arraigned alongside his principal, former Governor Abdulfatah, on 23 February 2024, but the scheduled hearing was stalled because he was not in court, prompting the judge to issue a warrant of arrest against Mr Banu.

The court, on the said date, took the plea of Mr Abdulfatah on the 12-count charge preferred against him and Mr Banu.

At the resumed hearing on Monday, the two defendants – Messrs Abdulfatah and Banu – listed as the first and second defendants in the charge, were present in court.

When the case was called, A. A. Ajibade, a Senior Advocate of Nigeria (SAN), announced the appearance for Mr Abdulfatah, while Gboyega Oyewole, a SAN, for Mr Banu, and the prosecution team was led by Rotimi Jacobs, also a SAN.

Mr Jacobs informed the court that the second defendant, who was unavailable at the last sitting when his co-defendant, Mr Abdulfatah, was arraigned, was finally in court to take his plea.

In response, Mr Banu’s lawyer, Mr Oyewole, prayed the court to discharge the bench warrant earlier issued against his client, which Mr Jacobs did not oppose.

In a bench ruling, the judge vacated the bench warrant on the second defendant, setting the stage for his arraignment.

Thereafter, Mr Banu pleaded not guilty to the charge when it was read to him.

Following his plea, Mr Oyewole applied for his client’s bail. He prayed the court to grant the application on liberal terms, citing Mr Banu’s medical conditions.

But, the prosecution lawyer did not oppose the bail request given the earlier ruling.
 

Bail conditions

The judge granted the second defendant bail of N20 million with two sureties in like sum.

Ms Anyadike said the sureties must have landed property within the court’s jurisdiction.

She added that the sureties must deposit three passport photographs with the court’s registrar.

The sureties must also produce evidence of payment of electricity bills for the last three months.

Furthermore, the judge ordered that the sum of N5 million must be paid as a bond into the litigation account of the Federal High Court by the defendant, which will be returned to him after the final determination of the case but forfeited to the federal government in the event the defendant jumps bail.

The judge also ordered the defendant to deposit his passport with the court.

She said Mr Banu must not travel without the court’s permission but may apply for it on medical grounds.

Thereafter, the judge ordered the defendant to be remanded in the custody of the EFCC, pending the perfection of his bail conditions.

The case has been adjourned to 25 and 26 June for trial.

Premium Times

Related stories: Nigerian film star Amal Umar arrested on bribery charges

Nigeria recovers $24m in poverty minister Betta Edu investigation

Nigerian film star Amal Umar arrested on bribery charges

One of Nigeria's most popular actresses has been arrested for allegedly trying to bribe a police officer in Kano state.

Police say Amal Umar gave an officer 250,000 naira (£137; $175) to have her impounded car released.

Her lawyer Adama Usman says she denies the charges, saying it was a police officer who first asked for money.

She has appeared in hundreds of movies over the past decade and is also well known in neighbouring countries.

Amal, as she is known by fans of Kano's film industry, Kannywood, has millions of followers on social media.

According to the police, Amal's car was seized over a year ago on suspicion it had been purchased using proceeds of fraud allegedly committed by her boyfriend.

"She gave our officer 250,000 [naira] with a promise to bring more money," Kano police spokesman Bashir Muhammad told the BBC.

Amal's lawyer Mrs Usman told the BBC they would continue to fight the case in court as she thinks the Fuska Biyu star was coerced.

"This is simply a case of abuse of her rights. We won the initial case in court where they were trying to link her with her boyfriend's activities which she has no hands in," the lawyer told the BBC.

"But the police are yet to obey court orders four months in by still holding on to her car.

"On this case of attempted bribery they are claiming, we are going to pursue it to the end because she was called to come and collect her car only for things to change," the lawyer said.

Amal, 24, has been freed on bail.

Police say Amal's boyfriend Ramadan Inuwa is wanted on charges of obtaining money by false pretences and is still at large.

He has not commented on the accusations.

By Mansur Abubakar, BBC

Related stories: Kannywood filmmakers in Nigeria face jail if they show violence

Nigeria recovers $24m in poverty minister Betta Edu investigation

Nigeria has recovered 30bn naira ($24m; £19m) as part of an ongoing corruption probe into a suspended minister, the financial watchdog says.

The funds were traced to more than 50 bank accounts, it said.

Humanitarian Affairs and Poverty Alleviation Minister Betta Edu was initially suspended in January over the alleged diversion of $640,000 of public money into a personal bank account.

President Bola Tinubu then ordered an investigation into her ministry.

At the time Dr Edu, 37, denied any wrongdoing. Her office said she had approved the transfer into a personal account, which was not in her name, but said it was for the "implementation of grants to vulnerable groups".

The Economic and Financial Crimes Commission (EFCC) said during its nearly six weeks of investigating so far, it had found "many angles" to examine.

"As it is now, we are investigating over 50 bank accounts that we have traced money into. That is no child's play. That's a big deal," its chairman Ola Olukoyede said in the latest edition of the agency's monthly e-magazine, EFCC Alert.

He urged Nigerians seeking redress to give the agency time to finish its probe thoroughly.

"We are exploring so many discoveries that we have stumbled upon in our investigation. If it is about seeing people in jail, well let them wait, everything has a process to follow," he said.

The EFCC chairman gave an assurance that the recovered funds were "already in the coffers of the federal government".

The suspension of a minister is a rare occurrence in Nigeria.

By Gloria Aradi, BBC

Related story: President Tinubu suspends humanitarian minister in corruption scandal

Ex-Central Bank Governor of Nigeria Godwin Emefiele pleads not guilty to fresh charges

The Economic and Financial Crimes Commission accused Emefiele of arbitrarily allocating foreign exchange of about $2 billion without bids and due process, it said in a fresh charge sheet with 26 allegations.

The move escalates the legal battle between the anti-graft agency and the former bank governor who’s also facing charges of fraud, corruption and criminal conspiracy.


Emefiele, who appeared before Lagos High Court Judge Rahman Oshodi, pleaded not guilty to all of the accusations, Bloomberg reported.

Following his inauguration in May, Nigerian President Bola Tinubu suspended the former central bank governor, whose policies on naira redesign and foreign exchange controls had drawn criticism.

Tinubu later ordered an investigation of the central bank’s operations and a report in December made more fraud accusations against Emefiele including holding hundreds of unauthorized overseas bank accounts, buying two banks through proxies and obtaining dollars through false claims. The allegations were added to his old charges in January.

However, Emefiele has vehemently denied all accusations levelled against him.

Emefiele's successor, Olayemi Cardoso said in February that about $2.4 billion unmet foreign-currency claims on the central bank were fraudulent and dismissed them because of irregularities.

By Adekunle Agbetiloye, Business Insider Africa

Related stories: Suspended Nigeria central bank governor Godwin Emefiele charged

20 new charges filed against suspended central bank chief of Nigeria

Critical mistakes made by central bank of Nigeria in cash swap

Video - Central Bank of Nigeria dissolves boards of three lenders over non-compliance

Nigeria's Central Bank has sacked the boards and management of three lenders due to what it called regulatory infringements and acts that pose a threat to financial stability. The affected lenders are privately-held Union Bank, Keystone Bank and Polaris Bank.

CGTN

President Tinubu suspends humanitarian minister in corruption scandal

Nigeria’s president on Monday suspended the country’s minister of humanitarian affairs and poverty alleviation over the use of a private bank account for ministry financial transactions in the government’s social welfare program.

Betta Edu was suspended with immediate effect while Nigeria’s anticorruption agency carries out a “thorough investigation” of all ministry financial transactions,” presidential spokesman Ajuri Ngelale said in a statement. It said the investigation would extend to the entire framework of Nigeria’s social investment programs.

President Bola Tinubu came to power last year promising to crack down on graft in Nigeria despite longstanding question marks around his source of wealth and educational records. Within a month of his inauguration, he suspended the head of the Economic and Financial Crimes Commission (EFCC) indefinitely for abuse of office.

His government said the suspension follows his commitment “to uphold the highest standards of integrity, transparency and accountability” in how Nigeria’s resources are managed.

Edu’s suspension comes days after local media cited an official memo in which she directed that 585 million naira ($663,000) worth of grants meant for vulnerable groups should be paid into a private account — a decision that the minister’s office said followed due process. The minister has denied any wrongdoing.

In a country where the government’s austerity measures have further squeezed millions of people facing extreme levels of poverty, many Nigerians criticised the use of a private bank account for the grants program and called for the minister to be fired.

The office of Nigeria’s Accountant General of the Federation said in a statement that such funds are meant to be sent directly from government accounts to the beneficiaries.

Meanwhile, Edu’s predecessor, Sadiya Umar Farouq, reported to the EFCC on Monday as it investigated alleged corruption in the disbursement of public funds during her time as minister. Farouq said on social media that she was at the commission’s office to “offer clarifications in respect of some issues that the commission is investigating”.

Al Jazeera

Related story: Court grants bail to central bank chief of Nigeria facing fraud charges

Dead evangelist TB Joshua accused of sexual abuse

 Before his death in 2021 at the age of 57, TB Joshua was one of Africa's most influential televangelists.

The Christian preacher attracted followers from all over the world by claiming to perform miracles, like curing blindness and HIV.

However, an investigation by the BBC has uncovered more than a decade of allegations of rape and torture by him inside his compound in Lagos.


Joshua amassed great wealth throughout his career, possessing a fleet of cars and travelling via private jet.

But his beginnings were far more humble. Born Temitope Balogun Joshua to a poor family on 12 June 1963, he was raised by a Muslim uncle after his Christian father died.

One of the claims he made was that he had been in his mother's womb for 15 months.

He also said that during his early days, he experienced a three-day trance in which he was called to serve God.

"I am your God. I am giving you a divine commission to go and carry out the work of the heavenly father," Joshua declared.

It was then that he started the Synagogue, Church of All Nations (Scoan), with eight members.

Joshua and Scoan rose to prominence in the late 1990s, amid an explosion of "miracle" programmes performed by pastors on Nigerian TV.

Tens of thousands of followers from Nigeria and around the world would regularly attend his services in Lagos, Nigeria's biggest city, in an attempt to be healed and hear the preacher's "prophecies".

Joshua also took his ministry on tour, visiting other African countries, the UK, US, and nations in South America.

In testament to his vast reach, the Lagos state government turned to Joshua in an effort to control the spread of Ebola during the 2014 outbreak in other West African countries.

Officials asked Joshua to tell infected followers in Liberia, Guinea and Sierra Leone - the worst affected countries - not to travel to Joshua's Lagos church for healing.

He agreed to suspend some of the church's healing programmes but is also said to have sent 4,000 bottles of "anointing water" to Sierra Leone, falsely claiming they could cure the disease.

Joshua's anointing water was always in high demand - in 2013 a rush for the bottles at his church in Ghana led to the death of four people in a stampede.

Many criticised the preacher following the incident but police in Ghana said it was difficult to apportion blame.

In an even deadlier case the following year, one of Joshua's churches collapsed in Lagos, killing at least 116 people.

The preacher never faced charges, despite a coroner in a Lagos court saying that "the church was culpable because of criminal negligence".

Although thousands packed his churches, Joshua always struggled to be accepted by his peers.

Ostracised by both the Christian Association of Nigeria (Can) and the Pentecostal Fellowship of Nigeria (PFN), he was described as an "impostor" who belonged to a group of "occults" that had infiltrated Christianity.

"He was rough. He was crude. His methods were unorthodox," Abimbola Adelakun, assistant professor in the African Studies Department at the University of Texas, told the BBC in 2021.

While the growth of the internet and social media helped him spread his message, it also revealed increasing opposition to Joshua and other wealthy mega-church pastors.

Some critics took issue with Joshua - known as "the prophet" by his followers - claiming to have predicted numerous events, from the death of Michael Jackson, to the disappearance of the Malaysian plane MH370 in 2014.

Before Jackson's death in 2009, TB Joshua told his congregation : "In his own area he is famous. He is known everywhere. Great. Too great. Because I see something will begin to happen to that star and that will likely end in him to pack his load and go to the journey of no return but I don't know when that journey [is]."

Six months later, Joshua used the star's shock death as proof that he could supposedly see the future.

Despite making such outlandish claims, Joshua had numerous high-profile followers.

South African politician Julius Malema, Malawi's former President Joyce Banda, long-time Zimbabwe opposition leader, the late Morgan Tsvangirai and the former president of Ghana, the late John Atta Mills, are among the prominent Africans who paid homage to Joshua while he was alive.

Joshua career really took off when he began preaching on Emmanuel TV, a television station run by Scoan.

Along with being a platform for his sermons, the station broadcast accounts of people who said their lives were changed for the better because of the preacher's ministry.

Testimonies included stories about financial prosperity, inexplicable recoveries from illness and even people supposedly being awakened from the dead.

Joshua was also known for his charity work, for which Nigeria's former president, the late Umaru Yar'Adua, awarded him the Order of the Federal Republic, one of the country's highest honours.

When the preacher died - of a cause that was never made public - mourners travelled from across the globe to Lagos for his burial service.

His wife, Evelyn Joshua, took over as head of the the church. They had three children.

But that legacy now lies in tatters.

BBC

Related stories: TB Joshua: Nigerian televangelist to be buried in Lagos

Controversial Nigerian pastor TB Joshua dies aged 57

YouTube shuts down prominent Nigerian megachurch preacher's channel for 'gay curing' claims

Nigeria $11 bln damages bill for collapsed gas deal thrown out by London court

An $11 billion damages bill against Nigeria for a collapsed gas processing project which was procured by bribery has been thrown out by London's High Court.

The West African country was on the hook for the sum – representing around a third of its foreign exchange reserves – after a little-known British Virgin Islands-based company took Nigeria to arbitration over the deal.

But the High Court ruled in October that the contract was procured by Process & Industrial Developments (P&ID) paying bribes to a Nigerian oil ministry official.

Judge Robin Knowles also found that P&ID failed to disclose the bribery when it later took Nigeria to arbitration.

He said in a further ruling on Thursday that the damages award should be thrown out immediately, rejecting P&ID's argument that the case should be sent back to arbitration.

P&ID was also refused permission to appeal against the ruling, though the company can apply directly to the Court of Appeal.

By Sam Tobin, Reuters

 

Court grants bail to central bank chief of Nigeria facing fraud charges

A Nigerian court has freed former central bank Governor Godwin Emefiele, who has been charged with six counts of fraud and corruption, on bail.

Emefiele, suspended as head of the central bank in June and arrested by the security services, has pleaded not guilty to the charges.

He was granted bail by Justice Hamza Muazu on Wednesday subject to the provision of a 300 million naira (roughly $333,000) bond and two sureties with properties in the upscale Maitama district of the country’s capital Abuja.

“I hereby admit the applicant [Emefiele] to bail subject to his appearance in court,” Justice Muazu said in his ruling.

The judge asked Emefiele, 62, to deposit his travel documents with the court and remain in Abuja while the case against him proceeds.

The disgraced former bank chief, who made an unprecedented run for the Nigerian presidency last year, was one of the country’s most powerful people in the last decade. He was head of the bank for nine years, mostly under President Bola Tinubu’s predecessor, Muhammadu Buhari.

Emefiele oversaw a much-criticised system of multiple exchange rates used to keep the local naira currency artificially strong.

But then he fell out of favour with the government after Buhari’s exit and resigned in August, paving the way for Tinubu’s appointment of new central bank governor Olayemi Cardoso.

At his inauguration in May, Tinubu, who announced economic reforms, had said the central bank policy needed “thorough house-cleaning”.

Emefiele has since been accused of “conferring corrupt advantage”. Prosecutors cut the charges from a previous 20-count indictment, which he faced along with two others, so he could be tried separately and quickly.

He has not commented publicly on the case. 

Al Jazeera

Related stories:  Ex-central bank chief of Nigeria remanded in custody pending bail hearing

Suspended central bank governor of Nigeria denies firearm charges

President Tinubu orders investigation of Central Bank of Nigeria

Video - Corruption, disorganization have been faulted for revenue shortfall in Nigeria

Nigeria is facing a tax administration challenge characterized by corruption and disorganization within the tax collection system. Authorities say there's a significant shortfall between the number of taxes collected and what is reflected in the revenues.

CGTN

President Tinubu nominates new head of EFCC

Nigeria's president nominated a lawyer to head its anti-graft agency after President Bola Tinubu suspended the previous chief amid corruption allegations, his spokesperson said on Thursday.

Tinubu's nomination of Ola Olukoyede, a former chief of staff to the previous head of the Economic and Financial Crimes Commission (EFCC), comes four months after he suspended indefinitely Abdulrasheed Bawa for alleged abuse of office.

The EFCC is tasked with investigating and prosecuting graft in Africa's largest oil exporter and biggest economy, which has grappled with endemic corruption for decades.

If confirmed by the Senate, Olukoyede will take the reins of an agency that is leading extradition proceedings for former oil minister Diezani Alison-Madueke, charged with receiving bribes in the form of cash, luxury goods, flights on private jets and the use of high-end properties in Britain in return for awarding oil contracts.

Nigerians blame corruption by the political elite for widespread poverty in the country, which is facing chronic dollar shortages, a high debt burden, double digit inflation and sluggish growth. 

By Felix Onuah, Reuters

Related stories: US Treasury Secretary Adeyemo urges Nigeria to fight corruption

Former oil minister of Nigeria Alison-Madueke charged with bribery by UK police

20 new charges filed against suspended central bank chief of Nigeria