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Court Orders Aisha Achimugu To Appear Before EFCC Over Alleged N8.71 Billion Fraud
Justice I.E. Ekwo of the Federal High Court, Abuja, has ordered businesswoman Aisha Achimugu to appear before the Economic and Financial Crimes Commission (EFCC) on Tuesday, April 29, 2025, in relation to an investigation involving allegations of conspiracy, corruption, and money laundering.....KINDLY READ THE FULL STORY HERE▶
Additionally, the court instructed Achimugu to be present in court on Wednesday, April 30, 2025, following a ruling issued on Monday, April 28, in a case she filed against multiple law enforcement agencies, including the EFCC, Nigeria Police, DSS, ICPC, NSCDC, and the Immigration Service.
Responding to her suit, EFCC counsel, Ekele Iheanacho, SAN, presented a counter-affidavit submitted by an EFCC investigator, Chris Odofin, which detailed the reasons behind her summons.
According to the affidavit, Achimugu had previously honoured an EFCC invitation on February 12, 2024, where she gave a statement and secured administrative bail. However, she allegedly failed to meet her bail conditions by not returning, instead opting to file a fundamental rights enforcement suit to stall investigations.
Achimugu reportedly told investigators that the ₦8.71 billion inflow into her company’s accounts was an “investment fund” intended for the acquisition of an oil block. She claimed the funds were subsequently remitted to a federal government account through her company, Oceangate Engineering Oil and Gas Limited, referencing documents from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
However, the EFCC disclosed that Achimugu’s company secured two oil blocks — Shallow Water PPL 3007 and Deep Offshore PPL 302-DO — at a total cost of $25.3 million, with the payments allegedly made through cash transactions via bureau de change operators, raising serious questions about the legitimacy of the funds.
The commission further noted that neither oil block had commenced exploration or production, and alleged that the acquisition process was marred by corruption. Investigators also discovered that Achimugu manages 136 bank accounts across ten different banks, both personally and through her companies.
The EFCC maintained that Achimugu’s legal action was a deliberate attempt to obstruct investigations, especially after a previous case (FHC/ABJ/CS/451/2024) dismissed her claims of rights violations.
Ongoing investigations involve coordinated efforts with regulatory bodies such as the Corporate Affairs Commission (CAC), the Federal Inland Revenue Service (FIRS), the Central Bank of Nigeria (CBN), and various financial institutions.
Achimugu is now expected to comply with the court’s directive and appear before the EFCC and Justice Ekwo’s court as scrutiny over the alleged multi-billion naira oil block transaction intensifies.
Kaduna State Governor, Uba Sani, says the state has mapped out 22,435 hectares of degraded land for restoration under the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project using modern geospatial mapping technology.....KINDLY READ THE FULL STORY HERE▶
He said the initiative is part of efforts to strengthen climate resilience, tackle environmental degradation, and promote sustainable land use in the state.
Speaking at the ACReSAL mid-term review meeting in Kaduna through the Commissioner for Environment and Natural Resources, Abubakar Buba, the governor explained that the use of geospatial tools has made it possible to accurately identify affected areas for targeted intervention.
He added that the project is not only focused on land recovery but also on boosting agricultural output and improving livelihoods in affected communities.
Sani also noted that the state is supporting the programme with empowerment initiatives, including training over 500 women, youths, and school feeding vendors in biomass briquette production.
According to him, the effort is already helping to reduce dependence on firewood while creating alternative sources of income for beneficiaries.
President Tinubu has given full backing for the implementation of the ₦68.32 trillion 2026 budget after signing the Appropriation Bill passed by the National Assembly into law.....KINDLY READ THE FULL STORY HERE▶
He also approved an amendment extending the lifespan of the 2025 budget from March 31 to June 30, 2026, to ensure completion of ongoing capital projects nationwide.
Under the 2026 fiscal plan, ₦4.799 trillion is set aside for statutory transfers, ₦15.8 trillion for debt servicing, ₦15.4 trillion for recurrent spending, while ₦32.2 trillion goes to capital projects—about half of the total budget.
The focus, according to the administration, is on infrastructure development, security, and growth-driven investments aimed at improving living standards.
Speaking on the development, presidential aide Bayo Onanuga said the extension of the 2025 budget will help ensure full use of allocated funds, especially for major ongoing projects.
Tinubu directed all ministries, departments, and agencies to ensure transparency, discipline, and value-for-money in implementing the budget, while praising the National Assembly for its swift passage of the bill.
He also reaffirmed his administration’s commitment to economic reforms, revenue growth, job creation, and social welfare improvements.
The Peoples Democratic Party (PDP) in Kwara State has described moves to prosecute former Senate President Bukola Saraki and former Governor Abdulfatah Ahmed over alleged culpable homicide as an attempt to reopen the 2018 Offa robbery tragedy for political purposes.....KINDLY READ THE FULL STORY HERE▶
In a statement on Friday, the party’s spokesperson, Olusegun Adewara, said the development is a disturbing and dangerous politicisation of a case they claim has already been addressed through judicial processes.
He warned against dragging the state into fresh tension, accusing the state government of attempting to revive old allegations for political advantage.
Adewara said the PDP would not remain silent while what he called “political narratives” are used to influence public perception around a tragic incident that claimed multiple lives in Offa in 2018.
He also urged residents, especially affected families, not to allow their pain to be used for political gains, insisting it is unjust to associate Saraki with the crime.
The party further alleged that the move is aimed at distracting attention from governance challenges in the state.
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