Connect with us

latest

EFCC Case: Achimugu Reveals Source Of Wealth, Denies Sanwo-Olu Ties.

Published

on

Embattled businesswoman Aisha Achimugu has denied claims that her wealth is connected to Lagos State Governor Babajide Sanwo-Olu.....KINDLY READ THE FULL STORY HERE▶

Speaking during an interview on Channels Television, Achimugu said she comes from a respectable background and revealed that she started her business in 2001.

Naija News reports that the founder of Oceangate Engineering Oil & Gas Ltd previously made headlines after hosting a lavish seven-day 50th birthday celebration in Grenada, attended by top Nigerian entertainers and notable figures, including Governor Sanwo-Olu.

More than a year later, the Economic and Financial Crimes Commission (EFCC) declared her wanted over allegations of money laundering.

She was arrested on April 29, 2025, at the Nnamdi Azikiwe International Airport in Abuja, and in March 2026, a Federal High Court in Abuja ordered the final forfeiture of $13 million allegedly linked to her and her company.

Reacting to the allegations, Achimugu insisted the forfeited funds were not found in her residence. She said only $50,000 and ₦13 million belonging to her mother, along with her personal belongings, were discovered during the search.

She questioned the claim that $13 million was traced to her home, stressing that she is not a financial institution and would not keep such an amount in her house.

Explaining her source of wealth, she said her oil block belongs to Oceangate Engineering Oil & Gas Ltd and was acquired through a competitive and transparent bidding process.

On her relationship with Governor Sanwo-Olu, who attended her birthday celebration, Achimugu said she has always had access to influential people due to her success in business.

She clarified that the governor’s presence at her event was incidental, noting that he attended because he was in the same location at the time.

According to her, her interactions with prominent figures are a result of her professional network and business achievements, not political connections.

She added that she has been in business since 2001, describing her background as coming from a decent family. She also mentioned that her late husband was a former Managing Director of PPMCC, whom she met through business dealings with NNPC.

Achimugu firmly denied ever receiving financial support from Governor Sanwo-Olu or any of her associates.

Advertisement

latest

Presidency Declares Tinubu’s Achievements Will Soon Be Clear to All.

Published

on

The Presidency on Monday said President Bola Tinubu has recorded significant progress in reshaping Nigeria, insisting that his administration is delivering projects that Nigerians can be proud of.....KINDLY READ THE FULL STORY HERE▶

News reports that the Special Adviser to the President on Information and Strategy, Bayo Onanuga, made this known while briefing journalists ahead of a planned nationwide inspection tour of projects executed under the current administration.

Onanuga, who spoke alongside other presidential media aides, explained that the projects cut across all 36 states and cover key sectors such as infrastructure, human capital development, and economic growth.

He said the inspection tour is designed to verify and showcase the administration’s achievements so far.

“The purpose of this tour is to showcase in full what the administration has been able to do so far in order to show its seriousness and commitment to the transformation of the whole country. These projects cut across all sectors of the economy and are in all the states of the federation,” he said.

The presidential spokesman expressed confidence that Nigerians would better appreciate the scale of progress once the projects are unveiled.

“By the time these projects are unveiled to Nigerians, it would be very clear to all that President Bola Ahmed Tinubu has changed the landscape of Nigeria and has indeed renewed the hope of Nigerians,” Onanuga added.

Also speaking, the Senior Special Assistant to the President on Media, Tunde Rahman, said the media would soon begin tracking projects executed across the country to highlight the administration’s efforts.

He explained that the initiative would help showcase policies aimed at improving citizens’ welfare and giving the nation a new direction.

Officials from the ministries of health, transport, and information also highlighted key achievements so far, saying reforms have repositioned critical sectors to better serve Nigerians.

In the health sector, Nasiru Mohammed pointed to the Presidential Initiative to unlock the industry, noting that it has boosted local drug production, reduced costs, and attracted interest from international pharmaceutical companies.

In education, Rabiu Musa from the Information Ministry cited the National Education Loans Fund as a major milestone, saying it has made funding accessible to students and eased financial pressure on families.

He described the scheme as a significant step toward expanding access to higher education in the country.

The Presidency reiterated that ongoing projects and reforms reflect its commitment to fulfilling campaign promises and addressing national challenges, expressing optimism that the initiatives will continue to improve living standards across the country.

Continue Reading

latest

Supercomputer Gives Arsenal, Man City Edge In Champions League Race.

Published

on

Opta’s Supercomputer has predicted the teams most likely to finish in the top five of this season’s English Premier League, with Manchester United, Liverpool, and Aston Villa strongly favoured to secure Champions League qualification.....KINDLY READ THE FULL STORY HERE▶

For the second straight season, England is expected to have five representatives in Europe’s premier club competition, raising the intensity of the battle for top-five finishes.

According to the projection, title challengers Arsenal and Manchester City have already locked in their places among the top five, effectively securing two of the available Champions League slots.

Both sides have maintained impressive consistency throughout the season, leaving little doubt about their qualification chances.

Opta’s data further places Manchester United, Liverpool, and Aston Villa as strong favourites for the remaining three positions.

The model indicates that each of the trio has a 97 per cent chance of finishing in the top five, highlighting their clear advantage over other challengers.

Despite these projections, the competition among the three clubs remains tight, with just three points separating them on the league table.

Aston Villa and Liverpool currently sit in fourth and fifth place respectively, while maintaining an eight-point gap over sixth-placed Brighton.

This cushion gives the trio a strong position as the season approaches its decisive phase.

With the expanded Champions League format allowing five English clubs to qualify again, the Premier League continues to dominate European football representation.

If the predictions come true, Arsenal, Manchester City, Manchester United, Liverpool, and Aston Villa will all feature in next season’s Champions League.

Continue Reading

latest

Makoko Protest Case: Court Adjourns Judgment To New Date.

Published

on

A Chief Magistrates’ Court sitting in Yaba, Lagos, on Monday, April 27, 2026, has adjourned the trial of activist Hassan “Soweto” Taiwo and Dele Frank to May 8, 2026, over their alleged role in the January 28 protest against demolitions in Makoko.....KINDLY READ THE FULL STORY HERE▶

Magistrate I.O. Alaka also reserved ruling on an application seeking the release of items confiscated during the protest.

 News reports that the case arose from demonstrations organised by residents and activists opposing the Lagos State Government’s demolition of homes in Makoko and other waterfront communities.

The defendants are facing charges linked to the protest, but they maintain they were exercising their constitutional rights to peaceful assembly and expression.

At the resumed hearing, human rights lawyer, Femi Falana (SAN), appeared with Tomi Olagunju for the defence and urged the court to order the release of items seized by the police during the protest, including a generator, DJ equipment, a first aid box, cash, and flight tickets.

Falana argued that the application was supported by provisions of the Constitution and the Administration of Criminal Justice Law of Lagos State, insisting the court had the power to order their release on bond.

He also noted that the prosecution had not properly accounted for the seized items and said some of them, including ₦15,000 and two flight tickets valued at ₦30,000 each, were not properly documented.

He further argued that since the items had not been tendered as evidence, they should be released with an undertaking to present them when required.

However, the police prosecutor, Assistant Superintendent of Police Anthony Ihiehie, opposed the request, arguing that the items formed part of the evidence and releasing them could compromise the case.

He maintained that exhibits cannot be released on bond unless they have been tendered in court, warning that doing so could lead to tampering.

Falana disagreed, pointing out that the earlier release of a seized vehicle weakened the prosecution’s argument for continued detention of other items.

During the proceedings, Magistrate Alaka also cautioned a defence lawyer over his green tie, saying it did not conform to the approved court dress code. Falana apologised on his behalf.

After the hearing, Soweto addressed supporters outside the court, urging continued solidarity with Makoko residents and describing the case as unjust and politically motivated.

He insisted the protest was peaceful and said the charges were an attempt to silence dissent over demolition activities.

Other activists and observers present also described the prosecution as unnecessary, arguing that the case should not have been filed.

The court subsequently adjourned the matter to May 8 for ruling on the application and continuation of the trial.

Continue Reading

Trending

Copyright © 2023 NIVONEWS