metro
EFCC arrests ex-NCMB boss over $35m energy project fraud
EFCC arrests ex-NCMB boss over $35m energy project fraud
The Economic and Financial Crimes Commission (EFCC) told FIJ that they have arrested Timber Wabote, the former executive secretary of the Nigerian Content Development and Monitoring Board (NCMB), on the grounds of a failed $35 million Bayelsa refinery project fraud.
Dele Oyewale, the EFCC’s spokesperson, confirmed this to FIJ on Thursday.
“It is true,” Oyewale responded to FIJ’s inquiries.
Wabote is accused of misappropriating public funds for a refinery project that should have improved local energy production.
Vanguard reported that the NCDMB under Wabote paid $35 million to support the development of energy infrastructure in the Brass Local Government Area of Bayelsa, yet there was nothing to show for it.
The EFCC picked Wabote up following the arrest of Akintoye Adeoye Akindele, the Managing Director of Atlantic International Refinery and Petrochemical Limited, for alleged misappropriation, money laundering and diversion of $35 million in public funds.
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“NCDMB under the watch of Wabote allegedly paid the $35 million to Akindele to build a 2,000 barrel per day (BPD), refinery, jetty, gas plant, power plant, data centre and tank farm at Brass free trade zone (FTZ), Okpoama Community in Brass LGA of Bayelsa State,” a source with the EFCC had explained.
Since December 2020 when the payments were made, Akindele abandoned the project with little or nothing to show for the huge sum he received.
Preliminary investigations showed that Wabote’s NCDMB financed 17 different projects, including the 2,000 BPD refinery in Brass LGA.
There has been a series of public fund misappropriation cases in the energy sector in recent times.
FIJ earlier reported that members of the House of Representatives summoned three ministers to defend how over $2 billion was spent on renewable energy with not much to show for it.
A recent FIJ report also recently detailed how residents of Yenagoa, the capital of Bayelsa, have not had power in their homes since July due to the vandalisation of the Ahoada-Yenagoa transmission towers caused by unidentified persons.
The Bayelsa state government told FIJ it was the federal government’s responsibility to provide electricity for residents. The state has no renewable energy options reliable enough to power its capital despite the multi-million-dollar NCMB energy project.
Transparency in the energy sector has become necessary at a time when Nigerians have suffered power instability due to frequent grid collapses.
EFCC arrests ex-NCMB boss over $35m energy project fraud
metro
Court Orders DIA to Produce Cleric Accused of Coup Plot by February 18
Court Orders DIA to Produce Cleric Accused of Coup Plot by February 18
A Federal High Court in Abuja has directed the Defence Intelligence Agency (DIA) to produce Sheikh Sani Abdulkadir Zaria, an Islamic cleric accused of plotting a coup against President Bola Tinubu’s government, before the court on February 18, 2026. The order follows a fundamental rights enforcement suit filed on behalf of the cleric challenging the legality of his detention.
Justice Peter Lifu emphasised that in a democratic society, all security and intelligence agencies are subordinate to civil authority, noting that every citizen is entitled to protection under Sections 36(1), (5), and (6) of the 1999 Constitution. He also reminded authorities that Nigeria’s commitments to international human rights conventions require strict adherence to lawful detention procedures.
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The suit, filed by Sheikh Zaria’s legal team led by Sunusi Musa (SAN), Abdul Aliyu (SAN), and Mohammed Sheriff, names the DIA, the Economic and Financial Crimes Commission (EFCC), the Attorney General of the Federation and Minister of Justice, and Jaiz Bank Plc as respondents. The lawyers are seeking either the cleric’s release or an explanation for his continued detention.
During Thursday’s hearing, DIA counsel I.O. Odom Esq informed the court that the cleric was being held on behalf of the Defence Headquarters, but could not provide a valid detention order. The EFCC’s counsel, M.C. Odimbaiwe Esq, supported this position. Justice Lifu adjourned the matter and set February 18 for the DIA to produce Sheikh Zaria or justify his detention, warning that failure to do so could influence the outcome of the rights enforcement case.
Family sources linked Sheikh Zaria’s detention to an ₦2 million gift sent to the cleric’s account by an adherent connected to a suspect in the broader coup allegation. Since December 11, 2025, the cleric has reportedly been held in “safe custody” without access to family or associates, prompting his lawyers to argue that his fundamental rights have been violated.
The case underscores ongoing concerns about civil liberties, human rights, and lawful detention in Nigeria, particularly in high-profile national security investigations. The court’s ruling will be closely watched as it addresses the balance between state security and individual rights.
Court Orders DIA to Produce Cleric Accused of Coup Plot by February 18
metro
End of Weekly Shutdown: Igboho Advocates Negotiation to Resolve Kanu’s Legal Battle
End of Weekly Shutdown: Igboho Advocates Negotiation to Resolve Kanu’s Legal Battle
Yoruba nation activist, Chief Sunday Adeyemo, popularly known as Sunday Igboho, has called on the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu, to engage in constructive dialogue with the Federal Government following the formal end of the controversial Monday sit‑at‑home directive across the South‑East region.
In a statement issued on Friday by his legal counsel, Pelumi Olajengbesi, Igboho applauded Kanu for suspending the weekly protest, which had disrupted economic and social activities in the region for over five years. The directive, first introduced in August 2021, led to periodic shutdowns of markets, offices, schools, and transport services, severely affecting local businesses and daily life.
Describing the suspension as a “thoughtful and necessary” step, Igboho noted that ending the sit‑at‑home signals a shift toward constructive engagement and could help restore stability and economic normalcy in the South‑East. He said the move represents the conclusion of a five-year period of economic disruption that has hampered growth and development in the region.
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Beyond applauding the abolition of the civil disobedience measure, Igboho urged Kanu to adopt a conciliatory approach, opening channels for mediation and negotiation with the Federal Government. He emphasised that sustained dialogue could help break the deadlock surrounding Kanu’s legal battle and potentially pave the way for a political resolution to longstanding grievances.
Igboho also warned that those who profit from the destabilisation and violence in the South‑East should desist, highlighting the importance of peace for the economic recovery and prosperity of the region and the nation at large.
“This is a critical moment for the South‑East. True progress depends on dialogue, compromise, and the willingness of all parties to engage constructively,” the statement read. Igboho’s remarks reflect a growing call among activists and stakeholders for peaceful resolution and collaboration to ensure lasting stability in the region.
The end of the Monday sit‑at‑home has been welcomed by several civil society groups and business leaders, who view it as a key step toward restoring normalcy, resuming commerce, and promoting social cohesion in the South‑East.
End of Weekly Shutdown: Igboho Advocates Negotiation to Resolve Kanu’s Legal Battle
metro
EFCC Nabs Three in Borno Over Viral ₦500 Naira Mutilation Video
EFCC Nabs Three in Borno Over Viral ₦500 Naira Mutilation Video
The Economic and Financial Crimes Commission (EFCC) has arrested three suspects in Maiduguri, Borno State, over alleged naira mutilation following a viral social media video showing them misusing the Nigerian currency.
In a statement issued on Thursday by its Head of Media and Publicity, Dele Oyewale, the anti-graft agency disclosed that the suspects — Adam Muhammad, Muhammad Muhammad, and Bashir Musa — were apprehended by operatives of the EFCC’s Maiduguri Zonal Directorate.
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According to the commission, the trio was seen in a widely circulated video cleaning mucus from their noses using ₦500 naira notes, an act described as abuse and defacement of the national currency.
The statement said the suspects were traced and arrested within the Maiduguri metropolis shortly after the video surfaced online and triggered public reactions.
They are currently being held at the EFCC’s Maiduguri detention facility while investigations continue. The commission added that the suspects would be charged to court upon the conclusion of investigations.
Under the Central Bank of Nigeria (CBN) Act, abuse, defacement, spraying, or improper handling of the naira constitutes an offence punishable under Nigerian law. The EFCC has in recent months intensified its crackdown on cases involving naira abuse and currency mutilation across the country.
The latest arrest underscores the agency’s renewed enforcement drive aimed at protecting the integrity of Nigeria’s legal tender.
EFCC Nabs Three in Borno Over Viral ₦500 Naira Mutilation Video
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