ICPC Recovers 241 Houses From 1 Civil Servant - Newstrends
Connect with us

News

ICPC Recovers 241 Houses From 1 Civil Servant

Published

on

ICPC chairman, Prof Bolaji Owasanoye

Despite the deficit of 22 million housing units in the country, the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has recovered 241 houses from a public officer and 60 from another in the Federal Capital Territory (FCT).

Altogether, this amounts to 301 houses owned by two Nigerians alone in a country where 70 per cent of its citizens are said to be living in ghettos and slums, mostly in decrepit houses despite huge investments in the housing sector over decades.

The ICPC also recovered an advance of N51billion promissory notes from various real estate developers in the nation’s capital.

The findings came through efforts of the commission to unravel the owners of the ever-increasing unoccupied luxury estates in Abuja.

The commission revealed that public office holders top the list of fraudulent investors in the real estate sector in the nation’s capital, adding that they are well involved in illicit financial flows in the country.

ICPC chairman, Prof Bolaji Owasanoye, disclosed this yesterday when he appeared before the House of Representatives ad-hoc committee on the operations of real estate developers in the FCT.

READ ALSO:

He said such public officers acquire estates in pseudonyms to conceal the illegal origin of funds.

This, he said, was made possible by the absence of proper documentation, registration of titles to land and estates in the country and the non-enforcement of beneficial ownership standards.

Owasanoye told the committee that a tour round Abuja, especially the metropolis and the central area, would show a lot of estates that are built up but empty.

He stated: “If they had been constructed with funds that were borrowed at market rates, I don’t think any investor would allow such properties to be empty. One way or the other they would put them to use. So, it is suspected that some of those estates have been used to launder ill-gotten public funds.

“The commission has for example in one case recovered 241 houses from a public officer and another one in which we recovered 60 buildings on a large expanse of land from another public officer.”

Noting that corruption in real estate aids illicit financial flows, the ICPC boss said major culprits and criminals who are encouraging the problem are staff of the Federal Capital Development Authority (FCDA) and their land collaborators.

He accused some members of the Real Estate Development Association of Nigeria (REDAN) of accessing funds from the Federal Mortgage Bank (FMB) for mass housing and diverting same to construct private estates.

Owasanoye noted that the private estates are sold at exorbitant prices to the general public, excluding public officers, who are the main and intended beneficiaries of the projects and structures.

“By the original concept of the mass housing policy of the government, developers are supposed to profile and forward names of allottees to FCDA to issue certificates of occupancy. But in practice developers do not comply with these policies and subscribers are often left at their mercy, holding only letters of allocation without a proper title to land,” he told the House committee.

The intervention of the ICPC in the sector, Owasanoye noted, has led to recoveries on behalf of some allottees for FMB, FCDA and sometimes for other stakeholders.

Leadership

News

Tinubu Commissions Gateway Airport, Pledges to Crush Banditry in Nigeria

Published

on

President Bola Ahmed Tinubu
President Bola Ahmed Tinubu

Tinubu Commissions Gateway Airport, Pledges to Crush Banditry in Nigeria

President Bola Tinubu has pledged to defeat banditry, terrorism, and insecurity across Nigeria, promising continued investment in the country’s security architecture. He made the declaration while commissioning the Gateway International Airport and several other federal projects in Ogun State on Saturday.

Speaking at a reception following the inauguration, Tinubu said his administration will intensify efforts to protect lives and property across the nation. “We will win over banditry and defeat insecurity. We will continue to invest more to strengthen the security architecture of Nigeria,” he stated, emphasizing the government’s commitment to national safety.

The president described the Gateway International Airport as the economic nerve center of Nigeria’s corridor, highlighting its role in boosting the aviation sector, trade, and socioeconomic development in Ogun State and the wider region. The airport is integrated with independent gas and energy infrastructure, ensuring sustainability and operational efficiency.

Tinubu also lauded Governor Dapo Abiodun for using improved federal allocations to develop infrastructure capable of driving Ogun State to greater economic heights. He praised the state government’s focus on mobility, security, agriculture, and industrial development, noting that projects like the airport and new Gateway Airlines will enhance trade, logistics, and employment opportunities.

READ ALSO:

Governor Abiodun, in his remarks, emphasized the transformative impact of the airport and related infrastructure on Ogun State’s economy. He noted that the state’s internally generated revenue has grown from ₦40 billion to over ₦250 billion annually, while its GDP increased from ₦4 trillion to ₦17 trillion over the past seven years. He added that the airport features a four-kilometre runway, modern control tower, advanced aviation systems, and cargo facilities, making it a centerpiece of the state’s emerging aerotropolis.

The ceremony also saw the launch of Gateway Airlines, operating Bombardier CRJ900 aircraft, alongside cargo services designed to expand trade and logistics capacity. Beyond aviation, Ogun State has invested heavily in roads, healthcare, and housing, including over 1,600 km of rehabilitated roads, more than 7,000 affordable homes, and 140 primary healthcare centers, according to Governor Abiodun.

The event was attended by prominent dignitaries including Senate President Godswill Akpabio, former President Olusegun Obasanjo, state governors, lawmakers, captains of industry, and traditional leaders. Both praised the collaboration between federal and state governments in delivering critical infrastructure, with Tinubu’s leadership highlighted as key to Nigeria’s development and security progress.

Tinubu emphasized that the federal government’s reforms and infrastructure investments are people-centered, aimed at improving daily life, fostering prosperity, and ensuring national security. He added that these efforts are designed to overcome violence and terrorism while positioning Nigeria for sustained economic growth.

Tinubu Commissions Gateway Airport, Pledges to Crush Banditry in Nigeria

Continue Reading

News

Mother, Six Children Kidnapped in Fresh Kaduna Bandit Attack

Published

on

Commissioner of Police in Kaduna State is CP Muhammad Rabiu
Commissioner of Police, Kaduna State, CP Muhammad Rabiu

Mother, Six Children Kidnapped in Fresh Kaduna Bandit Attack

In a fresh wave of banditry in Kaduna State, a mother and six children were abducted from their home in Kurmin‑Uwa near Janjala community in Kagarko Local Government Area on Friday night. The attack comes less than 24 hours after suspected bandits kidnapped ten residents, including seven members of a single family, in Unguwar Sabon‑Titi, Katari.

According to residents, the raid occurred around 10:23 p.m., with the assailants going directly to the targeted house before whisking away the victims, identified as Ladi Malachy, Patience Malachy, Promise Malachy, Inama Malachy, Peter Malachy, and Aboyi Malachy. Witnesses said the attackers fled into surrounding forests, leaving the community in fear.

READ ALSO:

A local resident, Ibrahim Shehu, confirmed the abduction, while a community leader, speaking on condition of anonymity, revealed he alerted security operatives immediately after learning about the raid. However, it remains unclear whether authorities responded promptly. Kurmin‑Uwa is located about two kilometres from Kagarko town, an area that has seen repeated bandit attacks on households.

Security sources indicate that search and rescue operations have been launched, as authorities work to locate the kidnappers and secure the release of the abducted family. Meanwhile, the Kaduna State Police Command has yet to issue an official statement regarding the incident.

The back‑to‑back kidnappings have heightened tension in rural Kaduna communities, with residents calling for intensified patrols, improved security presence, and faster emergency response to prevent further abductions. Analysts warn that without swift action, such violent raids may continue to terrorise villages across the state.

 

Mother, Six Children Kidnapped in Fresh Kaduna Bandit Attack

Continue Reading

News

INEC Warns ADC Against Holding Convention Without Supervision

Published

on

Chairman of the Independent National Electoral Commission (INEC), Joash Amupitan
Chairman of the Independent National Electoral Commission (INEC), Joash Amupitan

INEC Warns ADC Against Holding Convention Without Supervision

The Independent National Electoral Commission (INEC) has cautioned the African Democratic Congress (ADC) against proceeding with its planned congresses and national convention without proper supervision and in defiance of an existing court order.

Chairman Joash Amupitan issued the warning during an interview on Arise TV on Friday, after the ADC insisted on going ahead with its convention despite INEC’s derecognition of the leadership faction linked to David Mark and Rauf Aregbesola.

Amupitan stressed that INEC’s actions were guided by legal considerations, particularly a subsisting court order restraining the ADC from taking steps that could undermine ongoing legal proceedings. “Don’t do anything. Don’t take any step that will render any proceeding before the court nugatory,” he said.

READ ALSO:

He explained that the ADC’s plan to conduct congresses and a national convention is already part of a pending legal process, with motions related to the activities yet to be determined by the court. Ignoring the court’s directive, he warned, could result in invalidated elections or nullified internal party decisions, citing precedents in Zamfara and Plateau states where failure to comply with court orders affected electoral outcomes.

Amupitan highlighted the risks of repeating past mistakes, stressing that while the ADC is free to act as it chooses, INEC would not risk supervising illegal or unauthorized party activities. He reinforced the importance of adhering to the Electoral Act and judicial directives to ensure that party events are legally recognised and free from future challenges.

The INEC Chairman’s warning comes amid heightened tension within the ADC, with the faction led by David Mark facing derecognition and ongoing litigation over the party’s legitimate leadership. Analysts note that the statement underscores INEC’s commitment to rule of law, legal compliance, and internal party democracy, especially as Nigeria approaches the 2027 general elections.

INEC Warns ADC Against Holding Convention Without Supervision

Continue Reading
HostArmada Affordable Cloud SSD Shared Hosting
HostArmada - Affordable Cloud SSD Web Hosting

Trending