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How ex-governors, others acquired 800 Dubai, London assets

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Many past and current state governors, not less than 35, and about 300 former political office holders in Nigeria have been linked with multi-billion choice properties in London and Dubai, it was learnt on Tuesday.

Over $400m was said to have been spent by these prominent Nigerians to acquire 800 properties in the eyebrow areas of the two countries.

Some of those named include a North-West governor, two former deputy presidents of the Senate and a former national chairman of the Peoples Democratic Party (PDP).

Others are 15 former ministers; one judge; 14 police chiefs, security and military chiefs; lawmakers; five staff members in the Presidency; 11 officers of the Nigerian National Petroleum Corporation (NNPC); and 16 heads of departments and agencies.

Also on the list are 50 businessmen serving as fronts for Politically Exposed Persons (PEPs); 158 suspected PEP proxies; and 13 known Nigerian law enforcement agency suspects.

According to a report by The Nation, the facts and figures, including names, revealed on Tuesday by an Associate Fellow, Chatham House, Mr Mathew Page, in a presentation at a training session by the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

The Zoom session was tagged “Capacity building for investigators on investigating Illicit Financial Flows (IFFs)”.

Page’s paper focused on “IFFs through the Real Estate and Education sectors: Implications for investigators.”

He listed the Real Estate sector and payment of school fees abroad as means being used by High-Risk PEPs to launder stolen funds abroad, especially in Dubai, the United Kingdom and the United States.

He said PEPs and public officers in Nigeria used to engage in Illicit Financial Flows in the Real Estate sector “both as a means to launder money and as something to spend launder money on.”

On laundering in Dubai, Page said it has been possible for high-profile Nigerians because of “global nexus of IFFs, accessibility, permeability, reliability and affordability.”

He said the UAE had also been “reluctant to cooperate and share information.”

Page said, “There are 800 plus properties linked to Nigerian PEPs. They are worth $400million plus.

He said while a serving governor in the Northwest has eight Dubai properties ($5million), a former PDP national chairman acquired 11 Dubai and two London homes at $18million.

He said a former Deputy Senate President secured 14 Dubai properties at $12million and one of his successors bought eight Dubai assets and three UK properties at $15million.

Page said it has been easy to transfer large sums out of Nigeria by PEPs and public officers because of “permissive environment, techniques used to avoid detection, the role of professional enablers, commercial banks, Bureau De Change and cash couriers.

He said Nigerian PEPs have also been using proxies, families, shell companies and links to trade-based money laundering.

He asked anti-corruption investigators in Nigeria to “examine bank transfers to Dubai, verify asset declarations, investigate middlemen and property marketers.”

On the IFFs to the United Kingdom, he gave six examples of how top Nigerians allegedly used payment of school fees to launder money.

Page said, “Former Plateau State Governor  Joshua Dariye was charged with corruption in 2007 and convicted in 2018. Despite facing corruption charges, he was able to send his children to UK boarding schools and universities. His children have not been implicated in any wrongdoing.) Estimated Fees Paid: £240,000+

“A senior Nigerian legislator who has been a career politician for the last 25 years had children attending independent British schools and universities. The politician also owns several high-end properties in United Kingdom. Estimated Fees paid: £665,000+

“In 2012, a British court convicted former Delta Sate governor James Ibori of fraud and money laundering. Despite this conviction, he continued to send his children to UK schools and universities. (Note: His children have not been implicated in any wrongdoing.) Estimated Fees paid: £286,000+

“A prominent career politician from Northern Nigeria with minimal income outside official earnings sent several children to UK private schools and universities. The politician’s spouse allegedly owns high-end property in the United Kingdom. Estimated Fees paid: £861,000+”

“A career Nigerian politician who has served in various government positions over two decades sent children to top British boarding schools and universities .The politician also owns high-end property in the United Kingdom. Estimated Fees paid: £447000+

“A prominent career politician from Southern Nigeria sent multiple children to top British boarding schools and universities. The politician also owns luxury property in the United Kingdom. Estimated Fees paid: £343,000+”

The Chairman of ICPC, Prof. Bolaji Owasanoye (SAN), said the commission had dragged about 2,000 corporate entities into the country’s tax net.

He made the disclosure in Abuja while responding to questions from reporters at the end of the capacity building training for investigators

He said the 2,000 corporate entities were discovered during investigations carried out by the commission, adding that their names have been forwarded to the Federal Inland Revenue Service (FIRS) for profiling.

He said: “Some of these entities are not registered and do not pay tax while others are registered, but still do not pay tax. The ICPC has been able to recover significant amount in taxes for the government.”

Owasanoye added: “The loss of revenue is a major challenge to developing countries, particularly Nigeria. The meeting is therefore, designed to build the capacity of our investigators to enable them trace the areas in which the government is losing money, look for the likely places people hide money, stop the illicit financial flows, and recover the funds.

“We are already working with the FIRS and getting a lot of tax evaders and defaulters into the nation’s tax net. One of the takeaways from here is the kind of question an investigator needs to ask in tracking IFFs and money laundering.”

The ICPC boss said it was necessary to “widen the revenue base, improve tax collection, combat tax evasion and illicit financial flows as well as asset recovery to improve the country’s finances.”

 

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Ex-Power Minister Denies Snubbing Tinubu, Says Exit Was Approved

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Former Minister of Power, Adebayo Adelabu

Ex-Power Minister Denies Snubbing Tinubu, Says Exit Was Approved

Former Minister of Power, Adebayo Adelabu, has clarified that he secured the approval of Bola Tinubu before stepping down from office, putting to rest speculation surrounding his resignation.

In a statement issued on Saturday through his Media Aide, Femi Awogboro, Adelabu dismissed claims that he failed to consult the presidency, describing such reports as misleading and unfounded.

The former minister recently resigned from his position, a move widely linked to his ambition to contest the Oyo State governorship election under the All Progressives Congress (APC).

According to the statement, Adelabu followed due process and obtained the full consent of President Tinubu before making his decision. “Adelabu actually obtained the full approval and blessing of President Tinubu before taking the decision to resign. Those spreading false speculations should desist, as such claims are baseless,” the statement read.

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The clarification comes amid growing controversy over Adelabu resignation, with some reports suggesting a breach of protocol. However, Adelabu’s camp insists the narrative is being pushed by political opponents seeking to undermine his rising influence ahead of the next election cycle.

The statement further noted that critics were unsettled by the massive turnout that welcomed Adelabu back to Ibadan last Thursday, describing it as a sign of his growing grassroots support.

Political observers say Adelabu has intensified consultations across Oyo State as he positions himself for the 2027 governorship race, having previously contested the seat in 2019.

His resignation has fueled discussions around Oyo State governorship race 2027, with analysts viewing his exit from the Federal Executive Council as a strategic move to focus fully on local politics.

Adelabu’s departure also comes at a critical time for Nigeria’s power sector, which continues to grapple with challenges in electricity generation and distribution — making the Nigeria power sector leadership changes a key issue for stakeholders.

Ex-Power Minister Denies Snubbing Tinubu, Says Exit Was Approved

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Xenophobic Attacks: FG Advises Nigerians in South Africa to Close Businesses

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Xenophobic Attacks

Xenophobic Attacks: FG Advises Nigerians in South Africa to Close Businesses

The Federal Government of Nigeria has advised Nigerian nationals operating businesses in South Africa to temporarily suspend operations following a fresh wave of xenophobic violence, protests, and targeted attacks on foreign-owned shops across several parts of the country.

The advisory was issued through the Nigerians in Diaspora Commission (NiDCOM) after reports confirmed rising tensions, looting, and destruction of properties belonging to foreign nationals in multiple South African cities.

NiDCOM said the directive followed an official security circular from the Consulate General of Nigeria in Johannesburg, which warned of escalating unrest in areas including East London, Cape Town, Durban, Gauteng Province, and parts of KwaZulu-Natal. According to the circular, recent protests in these regions have degenerated into violent confrontations, resulting in injuries and widespread vandalisation of foreign-owned businesses in South Africa. Intelligence reports also indicated that additional protests were planned between April 27 and 29, 2026, raising concerns over possible escalation of violence during the period.

Speaking on the development, NiDCOM spokesperson Abdur-Rahman Balogun said the advisory to shut down businesses is a precautionary step aimed at safeguarding Nigerians amid rising insecurity. He urged Nigerian nationals to remain law-abiding, avoid confrontation, and comply with local laws while the situation is being monitored. Balogun stressed that the directive is temporary and designed strictly to protect lives and property during the period of unrest.

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NiDCOM clarified that there is currently no evacuation plan for Nigerians living in South Africa, noting that such action would only be considered if the situation worsens significantly. The commission added that Nigerian diplomatic missions remain active and are working closely with South African authorities and police to ensure the safety of citizens. Officials also confirmed that diplomatic engagement is ongoing between Nigeria’s Ministry of Foreign Affairs and South African counterparts over the rising tensions.

The President-General of Nigerians in South Africa, Smart Nwobi, expressed concern over what he described as increasing hostility toward migrants, especially during protests linked to unemployment and economic hardship. He urged the Nigerian government to intensify diplomatic intervention and ensure stronger protection for citizens abroad. Community leaders have also advised Nigerians to avoid protest hotspots, remain indoors where necessary, and prioritise personal safety until tensions subside.

South Africa has experienced repeated incidents of xenophobic attacks, often triggered by socio-economic grievances such as unemployment and competition for informal trade. Foreign nationals, including Nigerians, have frequently been targeted in incidents involving shop looting, property destruction, harassment, and physical assaults.

Videos circulating on social media show confrontations between local residents and foreign nationals, with some individuals demanding that migrants leave South Africa. In several cases, people were reportedly questioned over their immigration status, while others were harassed or attacked during chaotic protest scenes. Authorities have yet to issue a comprehensive nationwide response, although increased police deployment has been reported in affected areas.

Nigeria’s Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, is reportedly engaging South African authorities to address the situation and ensure the protection of Nigerian citizens. The Nigerian Consulate in Johannesburg continues to coordinate with local security agencies to monitor developments and provide updates to affected nationals.

Xenophobic Attacks: FG Advises Nigerians in South Africa to Close Businesses

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‘Nigeria’s Breakup Likely Inevitable,’ Ex-US Mayor Tells Congress

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Former United States mayor, Mike Arnold

‘Nigeria’s Breakup Likely Inevitable,’ Ex-US Mayor Tells Congress

A former United States mayor, Mike Arnold, has told members of the US Congress that the breakup of Nigeria is “likely inevitable and just,” citing what he described as deep-rooted structural, historical, and humanitarian crises confronting the country.

Arnold made the remarks during a presentation titled “Nigeria at the Crossroads: The Case for Action,” where he argued that the country’s challenges are rooted in its colonial formation and long-standing governance issues. He called for a referendum that would allow Nigerians to determine their preferred constitutional future, including the possibility of restructuring or separation.

According to him, Nigeria’s federal system—shaped during British colonial rule—has continued to generate tensions around power distribution, ethnicity, and governance. He maintained that a referendum in Nigeria could offer a peaceful and democratic pathway to resolving these challenges.

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Arnold, who has previously expressed support for the Biafra movement, revisited the history of the Nigerian Civil War, describing the former Eastern Region as one of the fastest-growing economies in Africa before the conflict under the leadership of Michael Okpara.

He also raised allegations about the role of foreign powers during the war, particularly Britain’s support for the Federal Military Government, and the humanitarian consequences of the conflict, including widespread famine and civilian casualties.

On contemporary issues, Arnold expressed concern over insecurity in Nigeria, including religious and communal violence, claiming that conditions have worsened despite international attention. He referenced Nigeria’s designation as a Country of Particular Concern (CPC) under the International Religious Freedom Act, noting ongoing attacks in parts of the country.

He further criticised the handling of internally displaced persons, raising concerns about gaps in recognition and humanitarian support. According to him, such issues point to broader governance and human rights challenges.

However, analysts stress that Arnold’s views do not reflect official US government policy. Nigeria remains constitutionally a united country, and successive administrations have consistently rejected calls for secession, instead promoting national unity and reforms.

The remarks are expected to spark renewed debate around Nigeria restructuring, Biafra agitation, and the country’s political future, both domestically and internationally.

‘Nigeria’s Breakup Likely Inevitable,’ Ex-US Mayor Tells Congress

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