Among Tinubu, Sowore, Peter Obi and Atiku who do you think the court should disqualify from running for the presidential election in 2027? - Double Wahala for Tinubu
Chukwuemeka Okala
Kayode Adebayo
Kayode Adebayo
femi Olajide
You're fast becoming a laughingstock.
Very painful to watch!
Regards,
Femi Olajide
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Kayode Adebayo
Court orders final forfeiture of 48 properties linked to Malami
Premium Times
Before delivering the substantive judgement, the judge dismissed several applications, motions on notice and objections filed by Mr Malami, his family members and some companies claiming ownership of the properties. The judge said they all lacked merit.
She held that the issue before the court was not “who owns the property, but how legitimate are the funds used to acquire the properties.”
According to the judge, the respondents had “not dislodged the reasonable suspicion that the property was acquired by unlawful activities.”
Judge Abdulmalik relied principally on Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act in granting the final forfeiture order.
However, she vacated the interim forfeiture order in respect of some of properties. EFCC had presented 57 properties linked to Mr Malami for final forfeiture.
The final forefeiture does not amount to criminal conviction or guilt of anyone, as Mr Malami, his wife and son are jointly facing charges some of which involve illegitimate acquisition of funds with suspicious origins.
Backstory
The EFCC instituted the civil forfeiture proceedings in January, seeking the permanent forfeiture of 57 properties valued at N212.8 billion, which it alleged were proceeds of unlawful activities linked to former Attorney General of the Federation and Minister of Justice, Abubakar Malami.
On 16 January, during the Federal High Court’s annual vacation, vacation judge Emeka Nwite granted an interim forfeiture order over the properties. He also directed the EFCC to publish the order in a national newspaper for anyone with an interest in the assets to appear before the court and show cause why they should not be permanently forfeited to the Federal Government. The properties are located in Abuja, Kano, Kebbi and Kaduna states.
Following the publication, Mr Malami, his wife, Nana Hadiza Malami, his son, Abdulaziz Abubakar Malami, and several companies linked to the properties filed objections. They urged the court to dismiss the EFCC’s application and set aside the interim forfeiture order, arguing that it was wrongly granted.
They also argued that the properties were lawfully acquired and that the EFCC failed to establish any connection between the assets and any unlawful activity.
The respondents further argued that the EFCC relied on speculation rather than credible evidence. They maintained that the commission neither proved that the properties were proceeds of crime nor identified any specific criminal offence from which the assets were derived.
After the Federal High Court resumed from its annual vacation, the case was reassigned to Judge Joyce Abdulmalik for hearing and determination.
At the hearing, the EFCC maintained that its investigation showed the properties were acquired with proceeds of unlawful activities and held in the names of individuals and companies acting as fronts for Mr Malami. The commission urged the court to make the interim forfeiture order final.
The EFCC also argued that, under the law, it only needed to establish “reasonable suspicion” and not prove its case “beyond reasonable doubt.”
In late May, both sides adopted their final written addresses, after which Judge Abdulmalik reserved judgment.
The court initially fixed 6 July for judgment. It later postponed the decision twice before delivering its ruling on Wednesday.
Mr Malami, his wife and son are jointly facing trial on N8.7 billion money laundering charges.
Kayode Adebayo
FG advocates local cocoa processing to end raw bean export
The summit, themed “From Bean to Brand: The Bean in My Hand, The Brand in Our Future,” brought together government officials, cocoa-producing countries, investors, development partners, and industry stakeholders to discuss strategies for expanding cocoa processing and manufacturing across Africa.
President Tinubu said Nigeria could no longer rely on exporting raw agricultural commodities while other countries generated most of the profits from processing, branding and manufacturing finished products.
“Nigeria will no longer export raw beans while importing finished value. We will grind our beans at home, we will press our butter at home, we will make our chocolate at home, brand it at home, and sell it to the world on our own terms,” he said.
He said more than 300,000 Nigerian farming households cultivate cocoa on over 1.4 million hectares, making Nigeria one of the world’s leading cocoa producers with about six to seven per cent of global output.
According to him, cocoa generated more than N3 trillion in export earnings during the recent surge in global prices, but exporting raw beans meant Nigeria captured only a fraction of the industry’s economic value.
The president cited ongoing investments in local processing, including a 70,000-metric-tonne cocoa processing facility under construction in Sagamu, Ogun State, and said Nigeria’s annual cocoa grinding capacity has exceeded 120,000 metric tonnes.
Industrial policy
The Minister of State for Industry, John Owan Enoh, said the initiative aligns with Nigeria’s industrial policy, which seeks to reduce dependence on raw commodity exports and expand domestic manufacturing.
“We are not interested in exporting anonymous sacks anymore. We are interested in exporting value. If Nigeria truly wants to build a one-trillion-dollar economy, it cannot continue exporting raw materials while other countries earn the real wealth from processing and branding them,” he said.
Mr Enoh also disclosed that Nigeria is working with Ghana, Côte d’Ivoire and Cameroon to establish an African cocoa alliance aimed at strengthening the continent’s bargaining power in the global cocoa market.
According to him, the proposed alliance would coordinate policies on cocoa processing, value addition and trade among countries that account for the bulk of global cocoa production.
BOI pledges financing
The Managing Director of the Bank of Industry (BOI), Olasupo Olusi, said the bank is prepared to provide long-term financing to support investments across the cocoa value chain.
He disclosed that the bank disbursed more than N164 billion to over 3,500 agro-processing and food businesses in 2025 and recently secured a €60 million credit facility from the European Investment Bank to support cocoa processing projects.
“Our goal is to finance everything from nurseries and cooperatives to grinding plants, ingredient factories, packaging lines and chocolate manufacturers,” Mr Olusi said.
Also speaking, the Chief Executive of the Ghana Cocoa Board, Ransford Abbey, called for closer cooperation among Africa’s leading cocoa-producing countries, noting that although the continent produces between 75 and 77 per cent of the world’s cocoa, it earns less than 10 per cent of the value generated by the global chocolate industry.
“We do not need charity. We deserve equity. The time has come for Africa to process its own wealth, protect its farmers and negotiate with one voice in the global cocoa market,” he said.
The renewed push for local processing comes as Nigeria seeks to diversify export earnings away from crude oil and increase the contribution of agriculture to industrial growth. Although Africa produces about 70 per cent of the world’s cocoa, most of the value from chocolate manufacturing is captured in Europe and North America, where beans are processed into butter, powder and finished confectionery products.
For years, industry stakeholders have argued that expanding domestic processing would create jobs, increase foreign exchange earnings and strengthen Nigeria’s position in global agricultural value chains. Recent investments in cocoa processing facilities and financing initiatives are part of broader efforts to shift the country from exporting raw commodities to exporting higher-value manufactured products.
The summit ended with the adoption of the Cocoa Value Addition Accord and a proposed Abuja Declaration aimed at accelerating domestic cocoa processing, attracting investment, improving farmers’ incomes and deepening collaboration among Africa’s major cocoa-producing countries.
Kayode Adebayo
femi Olajide
👍🏽
Regards,
Femi Olajide
femi Olajide
He may we'll be professing pastor though!
Regards,
Femi Olajide
Kayode Adebayo
Peter Obi faces fresh petition over alleged breach of aviation security [PHOTO]
The petition, dated July 12, 2026, was submitted to the Minister of Aviation and Aerospace Development, Festus Keyamo, and copied to the Nigerian Civil Aviation Authority, NCAA, and the Economic and Financial Crimes Commission, EFCC.
The petition was written by someone who identified himself as a concerned employee in Nigeria’s aviation industry and requested an urgent investigation into what he described as repeated breaches of aviation security, regulatory compliance and passenger safety involving Obi and a female passenger.
According to the petitioner, the passenger, described as one of Obi’s media aides, had previously been banned by Air Peace because of repeated misconduct and confrontations at airports.
The petition also claimed that the woman allegedly continued flying on the airline using different names after the ban, with Obi allegedly accompanying her on several occasions.
It alleged that despite the airline’s restrictions, Obi allegedly made arrangements that enabled the passenger to continue travelling under different identities.
The petition stated, “Despite this restriction, Peter Obi made arrangements repeatedly for this media thug to continue travelling under a different name in order to circumvent the airline’s decision.
“Such conduct by him undermines aviation security, compromises passenger identification procedures, and interferes with our airline’s ability to enforce lawful safety measures.”
According to the petitioner, airport staff were repeatedly prevented from carrying out proper identity checks whenever Obi travelled with the passenger.
“Every time we stop her, he prevents us from checking her identity, even after she is reported by our staff on ground. Evidence of these flight tickets have also been attached as he is even on some of the Passenger Name Record, PNR,” the petition added.
Kayode Adebayo
Kayode Adebayo
Kayode Adebayo
Gullible Pastor Emeka Okala:
Obi should think twice next time’ – Keyamo reacts as man offers to pay N25,000 airport fine
DAILY POST recalls that Keyamo had given Peter Obi, a seven-day ultimatum, to publicly apologise to airport officials and pay a N25,000 fine for allegedly violating parking regulations at the Nnamdi Azikiwe International Airport, Abuja.
Keyamo’s remark followed Obi’s viral podcast interview where he alleged that he might not survive to contest the 2027 presidential election, citing what he described as a pattern of harassment against him and his associates.
The former governor of Anambra State specifically claimed that his vehicle was clamped at the Abuja airport while other vehicles parked in the same area were left untouched.
Clearing that air, Keyamo dismissed the claim by publishing a CCTV footage revealing the moment the parking regulation was allegedly violated.
The development triggered a widespread reaction across the country, with supporters of the NDC presidential candidate accusing the government of politically persecuting their Obi ahead of the January elections.
However, in a letter shared on X by a public affairs commentator, @Onsogbu, Ikerionwu tendered apology to the Minister and offered to the pay the fine on behalf of Obi.
Reacting, Keyamo urged him to “proceed to see the Director of Commercial and Business Development for the Federal Airports Authority of Nigeria, FAAN and he will be directed on the mode of payment of the fine for the offender”
Keyamo claimed that the ministry bursted Peter Obi’s bubble by revealing the airport incident, stating that next time the NDC candidate should think twice before making claims.
“Now that we have burst his bubble, next time, @PeterObi should think twice before making outlandish claims of being targeted at our airports or anywhere for that matter in order to get ‘sympathy votes’.
“Nigerians have become too politically savvy to fall for such cheap political gimmicks from presidential candidates that emerged from miracle centres”, he added.
Kayode Adebayo
Good job, Nigeria! This is just the beginning of the beginning. The thief called Emefiele stole billions of dollars and Naira and has properties all over the world and monies in foreign accounts too. This is just the first phase of seizures. Next is to trace and track the monies in over 500 foreign accounts he opened and ask foreign governments to repatriate them to Nigeria and seize his properties in Dubai, the US, UK and Switzerland and finally send him to Kuje Prison for the rest of his looting life.
Kudos to Nigeria!
Kayode
Supreme court affirms final forfeiture of properties, $2m linked to Emefiele
The Cable
The supreme court has affirmed the final forfeiture of properties and $2.045m linked to Godwin Emefiele, former governor of Central Bank of Nigeria (CBN), to the federal government.
In a unanimous judgment delivered on Friday, the apex court overturned the decision of the court of appeal in Lagos,
On November 1, 2024, Deinde Dipeolu, judge of a federal high court in Lagos, ordered the permanent forfeiture of monies (including $2.045 million), seven choice landed properties and the two share certificates of Queensdorf Global Fund Limited Trust belonging to Emefiele, to the federal government.
The assets were said to be reasonably suspected to have been acquired with proceeds of unlawful activities.
The forfeited properties include two fully detached duplexes of identical structures situated at No. 17b Hakeem Odumosu street, Lekki Phase 1, Lagos; an undeveloped land, measuring 1919.592 sqm with Survey Plan No. DS/LS/340 at Oyinkan Abayomi drive (formerly Queens drive), Ikoyi, Lagos; a bungalow at No. 65a Oyinkan Abayomi drive (formerly Queens drive), Ikoyi, Lagos and a four-bedroom duplex at 12a Probyn road, Ikoyi.
Others are an industrial complex under construction on 22 plots of land in Agbor, Delta state; eight units of an undetached apartment on a plot measuring 2457.60sqm at No. 8a Adekunle Lawal road, Ikoyi, and a duplex together with all its appurtenances on a plot of land measuring 2217.87sqm at 2a bank road, Ikoyi, Lagos.
In June 2025, the court of appeal in Lagos overturned the final forfeiture order issued on assets owned by Emefiele.
Two of the three-member panel of justices of the appellate court set aside the trial court’s judgment and ordered a retrial of the case at the lower court.
In the judgment delivered by Abdulazeez Anka, the court held that it was convinced that the legitimate earnings of Emefiele could acquire the properties.
Anka, however, noted that the appellant, did not contest the forfeiture of the $2,045,000 forfeited to the federal government.
The judge ruled that the money should be forfeited to the federal government.
femi Olajide
The veracity of this claim has not been established, but if proven, Obi is a security threat and a liar, like most of us has been saying on these fora.
Regards,
Femi Olajide
femi Olajide
He is a carpetbagger!
Regards,
Femi Olajide
Chukwuemeka Okala
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