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Kuje Prison Becomes Home For Bauchi Commissioner Amid Alleged Financial Scandal.
The Federal High Court in Abuja has ordered the remand of Bauchi State Commissioner for Finance, Yakubu Adamu, at Kuje Correctional Centre pending the outcome of his bail application in a high-profile money laundering case.....KINDLY READ THE FULL STORY HERE▶
Justice Emeka Nwite issued the order on Tuesday after Adamu and Ayab Agro Products and Freight Company Ltd were arraigned on a six-count charge involving alleged laundering of ₦4.65 billion. The Economic and Financial Crimes Commission (EFCC) filed the charges, listing Adamu as the first defendant and the company as the second, under case number FHC/ABJ/CR/694/2025. The charge, dated December 19, 2025, was filed by EFCC counsel Samuel Chime.
At the arraignment, both Adamu and the company pleaded not guilty to all counts. The EFCC alleged that Adamu, while serving as Branch Manager of Polaris Bank Ltd in Bauchi, conspired with Ishaku Aliyu, Managing Director of Makayye Investment Resources Ltd, and Muntaka Mohammed Duguri, to facilitate the conversion, transfer, and concealment of the funds under the pretext of supplying motorcycles to the Bauchi State Government. The prosecution claimed the motorcycles were never delivered.
The final count accuses Adamu, Aliyu, and Duguri of transferring the proceeds of the unlawful act through third-party accounts, including a reported sum of ₦165.9 million transferred to Ayab Agro Products and Freight Company Ltd, in violation of the Money Laundering (Prevention and Prohibition) Act, 2022.
During proceedings, EFCC counsel Chime requested an accelerated trial, while Adamu’s lawyer, Chief Gordy Uche, SAN, applied for bail, citing the commissioner’s previous commitment to paying workers’ salaries. Justice Nwite deferred ruling on the bail application, stating a short date would be fixed for a decision, and ordered Adamu to remain in Kuje Correctional Centre until then. The matter has been adjourned to January 2, 2026.
Chime also informed the court that additional defendants had been brought into the case and that a fresh charge had been filed, though the judge said the new charge was not yet before the court.
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Tinubu Government Increases Allowances, Welfare And Exit Package Of Nigerian Workers.
The administration of President Bola Tinubu has approved an upward review of peculiar allowances, welfare benefits, and exit packages for civil servants across Nigeria.....KINDLY READ THE FULL STORY HERE▶
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Oyedele Steps In As Finance Minister, Takes Over National Economy Portfolio.
Taiwo Oyedele has officially taken over as Nigeria’s Minister of Finance and Coordinating Minister of the Economy following a formal handover from his predecessor, Wale Edun.....KINDLY READ THE FULL STORY HERE▶
The transition, which reportedly took place on Thursday evening, was confirmed in a statement issued by the Ministry’s Head of Information and Public Relations, Efe Ovuakporie.
According to the statement, the handover was concluded within the timeframe set by President Bola Ahmed Tinubu.
In his inaugural address, Oyedele pledged to consolidate ongoing reforms while delivering measurable economic outcomes.
He said his administration would prioritise fiscal discipline, transparency, and improved performance across key sectors of the economy.
He also expressed his readiness to work closely with staff of the ministry to strengthen efficiency and service delivery.
Oyedele commended his predecessor, Wale Edun, for his role in advancing Nigeria’s economic reform agenda, and thanked President Tinubu for entrusting him with the responsibility.
The Permanent Secretary, Raymond Omachi, alongside the Permanent Secretary (Special Duties), Mohammed Danjuma, welcomed the new minister and assured him of the full support and cooperation of the ministry’s workforce.
During Edun’s tenure, the ministry implemented several fiscal reforms aimed at improving revenue generation and economic coordination. However, the period also faced challenges, including budget implementation constraints that affected ministries, departments, and agencies.
There were also concerns over outstanding payments owed to pensioners and contractors during the same period.
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Court Orders Arrest Of Abuja Lawyer, Police Officer Over N300m Eviction Dispute.
A High Court of the Federal Capital Territory (FCT), sitting in Maitama, has issued a bench warrant for the arrest of an Abuja-based lawyer, Victor Giwa, and a police officer, Edith Erhunmuuse, after they failed to appear in court.....KINDLY READ THE FULL STORY HERE▶
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