Court grants bail to actress arraigned for stepping on new naira notes - Newstrends
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Court grants bail to actress arraigned for stepping on new naira notes

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Oluwadarasimi Omoseyin

The Federal High Court in Lagos has granted bail to an actress, Oluwadarasimi Omoseyin, who was arraigned before the court on Monday by the Economic and Financial Crimes Commission (EFCC) for allegedly spraying new naira notes at a party.

Justice Chukwujekwu Aneke who admitted the actress to bail in the sum of N5 million with one surety in like sum also ruled that the surety must be a public servant in the service of the Federation or the Lagos State Government not below the rank of Grade Level 12, or a holder of a genuine statutory certificate of occupancy of a developed landed property within the Lagos State Municipality.

The court also held that the Certified True Copy (CTC) of the original statutory certificate of occupancy of the landed property is to be deposited with the Registrar of the court and in the case of the public servant, an official letter from his or her head of department stating the status and salary level of the surety.

The surety is to also produce to the court, two copies of his recent passport photograph and evidence of payment of tax.

The judge also ordered that the actress be further remanded in the Kirikiri correctional facility pending the perfection of the bail terms, before adjourning the matter till April 3, for trial.

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On February 13, the EFCC had arraigned the actress before the court on a two-count charge of tampering with the sum of N100,000 issued by the Central Bank of Nigeria (CBN) and dancing on the same at the said occasion.

According to the prosecutor, Sulaiman Sulaiman, the offence was contrary to and punishable under section 21 (1) of the Central Bank Act, 2007.

The actress had denied the allegation and pleaded not guilty to the charge.

Following her not-guilty plea, counsel to the actress, Adenike Goncalves, asked the court to grant her client bail pending the hearing and determination of the case.

Adenike Goncalves also urged the court to remand her client in the EFCC’s custody, pending the perfection of the bail terms, if so granted by the court.

The prosecutor in his response had submitted that bail is at the discretion of the court. He also insisted that in the event bail is granted, the conditions of the bail term should be such that would enable the defendant to be present during the trial.

After hearing both lawyers, Justice Aneke fixed February 15th for the ruling on the bail application and ordered that the defendant be remanded in Kirikiri Correctional facility.

The charge against the actress reads: “That you Oluwadarasimi Omoseyin on January 28, 2023 at Monarch event centre, Lekki, within the jurisdiction of this Honourable Court whilst dancing during a social occasion tampered with the sum of N100, 000.00 (One Hundred Thousand Naira) issued by the Central Bank of Nigeria by spraying same in the said occasion and you thereby committed an offence contrary to and punishable under section 21 (1) of the Central Bank Act, 2007.”

It would be recalled that the actress (Oluwadarasimi) was arrested by operatives of the Independent Corrupt Practices and Other Fraud Related Offences Commission (ICPC), on February 1, 2023 along Awolowo Road, Ikoyi, Lagos, and was handed over to the EFCC for investigation.

The 31-year-old was arrested after the video of her spraying and stepping on the newly redesigned naira notes at a party surfaced online.

In the viral video, she was also seen flaunting wads of the new naira notes.

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Village Head, 33 Others Arrested Over Police Officer’s Death in Niger

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Village Head, 33 Others Arrested Over Police Officer’s Death in Niger

Security agencies in Niger State have arrested a village head and 33 other suspects following the killing of Police Constable Emmanuel Shamsi and the burning of an NSCDC patrol vehicle during a violent confrontation linked to illegal mining activities in Zuzungi, Katcha Local Government Area.

The Nigeria Security and Civil Defence Corps (NSCDC), Niger State Command, confirmed the arrests, stating that 34 suspects are now in custody. Nineteen of the suspects were apprehended at the village head’s residence in Zuzungi Gwari, Kataeregi, where they had sought refuge after the incident. The remaining fifteen suspects were intercepted while attempting to flee the community.

The deadly incident occurred last Wednesday during a joint security patrol involving the NSCDC, Nigeria Police Force (NPF), and the local Anti-Drugs Control (ADC) outfit. The patrol was conducted in the mining area operated by Millennium Metals Mining Company, as part of ongoing efforts to curb illegal mining and mineral smuggling in the state.

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According to NSCDC Commandant Suberu Siyaka Aniviye, the security team intercepted individuals allegedly involved in illegal mining and the smuggling of minerals, but the suspects violently resisted. The confrontation escalated, leading to the destruction of an NSCDC patrol Hilux vehicle and the tragic death of Police Constable Emmanuel Shamsi in the line of duty. Security personnel tactically withdrew to prevent further casualties before launching an operation to apprehend the perpetrators.

Authorities describe the arrest of the village head and 33 others as part of a broader crackdown on criminal elements in Niger State’s mining communities. The arrests aim to ensure that justice is served for the slain officer and to reinforce lawful compliance within the solid minerals sector.

The incident has sparked condemnation from government officials, including Dr. Dele Alake, Minister of Solid Minerals Development, who described the killing as “criminal murder” and assured that security and intelligence agencies are on high alert. He further pledged that violent resistance to lawful mining operations will not be tolerated.

Illegal mining in northern Nigeria has increasingly resulted in violent confrontations with security forces, highlighting the risks faced by law enforcement and the need for stronger enforcement and community engagement to curb criminal activities. Investigations into the role of each suspect are ongoing as authorities prepare legal proceedings against those involved.

Village Head, 33 Others Arrested Over Police Officer’s Death in Niger

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Nigeria Tax Act 2025: FG Clarifies No New Construction or Bank Taxes

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Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele
Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee

Nigeria Tax Act 2025: FG Clarifies No New Construction or Bank Taxes

The Federal Government has dismissed claims that the Nigeria Tax Act 2025 imposes a 25% tax on building materials, construction-related funds, business expenses, or money in bank accounts. The government described the viral video circulating on social media as false and misleading, adding that the law, which has already taken effect, does not postpone implementation until 2027.

Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, said the misinformation misrepresents the objectives of the Tax Act, which are to lower housing costs, support real estate development, and encourage economic growth. He clarified that the video’s claims — that the law would start in 2027 and impose a 25% levy on construction transactions — are both inaccurate.

Under the new law, several housing and construction reliefs have been introduced. Land and buildings are exempt from Value Added Tax (VAT) under Section 185(l), while contractors can recover VAT on materials and services, reducing overall construction expenses. The Withholding Tax (WHT) rate on construction contracts has been lowered to 2%, improving cash flow for developers. Individuals building owner-occupied homes can deduct mortgage interest, and property owners earning rental income may deduct expenses such as repairs, insurance, and agency fees. These provisions are designed to make housing projects more affordable and attractive to investors.

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The Act also offers direct support for renters and low-income earners. Eligible tenants can claim rent relief of up to ₦500,000, equivalent to 20% of annual rent, while rent payments are fully exempt from VAT. Lease agreements below ₦10 million per year, or less than ten times the national minimum wage, are also exempt from stamp duty. These measures are expected to increase disposable income for low-income households and reduce the financial burden of housing.

Incentives under the Act extend to investors and businesses in the construction and real estate sectors. Individuals are exempt from Capital Gains Tax when selling a dwelling house or interest in one. Real Estate Investment Trusts (REITs) distributing at least 75% of dividends or rental income within 12 months are exempt from Companies Income Tax. Manufacturers of building materials, including iron, steel, and domestic appliances, may qualify for tax holidays of up to 10 years, while large businesses could see Companies Income Tax reduced from 30% to 25%. These provisions are intended to encourage investment, stimulate local production, and support the growth of the housing sector.

The Tax Act also includes provisions that relieve workers and small businesses. The taxable value of employer-provided accommodation is capped at 20% of an employee’s annual gross income, excluding rental value. Small companies that qualify under the Act will pay 0% Companies Income Tax, are exempt from charging VAT, and are not required to deduct Withholding Tax from invoices and payments. These measures reduce the compliance burden on smaller businesses and support entrepreneurship.

The committee also clarified what the Act does not include. It does not tax money in bank accounts, does not impose 25% taxes on construction costs or building materials, and does not delay implementation until 2027. Officials described claims suggesting otherwise as misleading and urged Nigerians to rely on verified government sources for accurate information. According to the committee, the Tax Act is intended to make housing more affordable, reduce rent, and stimulate economic growth, not to increase taxes on citizens or businesses.

Nigeria Tax Act 2025: FG Clarifies No New Construction or Bank Taxes

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Residents Flee as Gunmen Launch Fresh Attack on Kwara Community

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Public Relations Officer, Kwara State Police Command, SP Adetoun Ejire‑Adeyemi
Public Relations Officer, Kwara State Police Command, SP Adetoun Ejire‑Adeyemi

Residents Flee as Gunmen Launch Fresh Attack on Kwara Community

Barely 24 hours after armed bandits attacked communities in Patigi Local Government Area and Edu Local Government Area, suspected terrorists on Sunday night carried out a fresh attack on Share, the headquarters of Ifelodun Local Government Area, forcing residents to flee for safety.

The attack reportedly occurred around 8:00 pm, when heavily armed gunmen stormed the town and began shooting indiscriminately, throwing the community into panic and confusion. Residents said the sustained gunfire lasted for a prolonged period, prompting many families to abandon their homes and seek refuge in neighbouring areas.

Eyewitnesses, who spoke on condition of anonymity, said the assailants appeared to be on a targeted mission, allegedly searching for specific individuals. One resident claimed the gunmen were looking for a person identified as Zulu Alfa Dako, adding that the attackers entered the town from a nearby axis.

Kidnappers have entered Share; everyone is running for safety,” a resident said. “They kept shooting endlessly and the whole town was thrown into chaos.”

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Another resident, overwhelmed by fear, said while the attackers targeted some individuals, it was still unclear whether anyone was abducted during the operation.

“The gunmen entered the town and caused havoc by shooting non-stop. I don’t know if anyone has been kidnapped yet,” the resident said.

Efforts to get immediate comments from the Kwara State Police Command spokesperson, SP Adetoun Ejire-Adeyemi, were unsuccessful as of press time.

However, the Kwara State Government later confirmed that the attackers were repelled by security forces. The Special Assistant on Communication to Governor Abdulrahman Abdulrazaq, Ibrahim Abdullateef, said combined security operatives swiftly responded to distress calls and engaged the gunmen.

“Local security sources have reported that bandits that were reportedly attacking Share community, Ifelodun LGA, have been successfully repelled by combined security forces,” Abdullateef said in an update.

He added that the exchange of gunfire lasted for about one hour, noting that no death or abduction has been officially recorded so far, though security agencies are still monitoring the situation.

The latest attack came against the backdrop of rising insecurity in Kwara State, following bandit raids on communities in Edu and Patigi LGAs, where four people were kidnapped and several others injured. The back-to-back attacks have heightened fear among residents and renewed calls for stronger security presence, improved intelligence gathering, and sustained patrols across vulnerable communities.

Residents Flee as Gunmen Launch Fresh Attack on Kwara Community

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