US transfers another $20.6m Abacha loot to Nigerian govt - Newstrends
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US transfers another $20.6m Abacha loot to Nigerian govt

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The United States Department of Justice (DoJ) says it has returned another $20.6 million stolen funds to the Nigerian government.

This is said to be in accordance with an August 23 agreement between the two governments to repatriate assets stolen by late dictator General Sani Abacha and his co-conspirators.

ThisDay quotes a statement published on the DoJ website Thursday as stating that the repatriation brought the total amount forfeited and returned by the US in this case to about $332.4 million.

In 2020, the department repatriated over $311.7 million of the forfeited assets that had been located in the Bailiwick of Jersey.

Last year, the United Kingdom enforced the US judgment against the additional $20.6 million.

In 2014, a judgment was entered in the District of Columbia ordering the forfeiture of approximately $500 million located in accounts around the world, as the result of a civil forfeiture complaint for more than $625 million traceable to money laundering involving the proceeds of Abacha’s corruption.

The forfeited assets represent corrupt monies laundered during and after the military regime of Abacha, who became Head of State through a military coup on November 17, 1993, and held that position until his death on June 8, 1998.

The complaint filed in the case alleged that Abacha, his son Mohammed, their associate, Abubakar Bagudu, now Kebbi State Governor, and others, embezzled, misappropriated, and extorted billions of dollars from the government coffers and others, and then laundered their criminal proceeds through US financial institutions and transactions.

The statement read, ‘’The United Kingdom’s cooperation in the investigation, restraint, and enforcement of the US judgment, along with the valuable contributions of Nigeria and other law enforcement partners around the world, including the United Kingdom’s National Crime Agency, as well as those of the Justice Department’s Office of International Affairs, have been instrumental to the recovery of these funds.

‘’Under the agreement signed in August, the US agreed to transfer 100 per cent of the net forfeited assets to Nigeria to support three critical infrastructure projects in Nigeria that were previously authorised by Nigerian President, Major General Muhammadu Buhari (retd.) and the Nigerian legislature.

‘’The $20,637,622.27 marks a slight reduction from the $23 million announced in August due primarily to exchange rate fluctuations between British pounds sterling and US dollars. The funds governed by this agreement will help finance the Second Niger Bridge, the Lagos-Ibadan Expressway, and the Abuja-Kano road – investments that will benefit the citizens.

The department appreciated the extensive assistance provided by the governments of the United Kingdom, Nigeria, Jersey, and France in this investigation.

It added that the case was brought under the Kleptocracy Asset Recovery Initiative by a team of dedicated prosecutors in the Criminal Division’s Money Laundering and Asset Recovery Section working in partnership with the Federal Bureau of Investigation.

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BREAKING: Court Sacks David Mark-Led ADC Exco, Nullifies Atiku’s 2027 Presidential Candidacy

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BREAKING: Court Sacks David Mark-Led ADC Exco, Nullifies Atiku’s 2027 Presidential Candidacy

BREAKING: Court Sacks David Mark-Led ADC Exco, Nullifies Atiku’s 2027 Presidential Candidacy

The Federal High Court in Abuja has sacked the Senator David Mark-led executives of the African Democratic Congress (ADC), declaring invalid all actions taken by the disputed leadership on behalf of the party, including the nomination of former Vice-President Atiku Abubakar as its presidential candidate for the 2027 general election.

The judgment, delivered on Thursday, November 5, 2026, by Justice Peter Lifu, declared illegal the Mark-led Caretaker Committee, which organised the party’s presidential primary that produced Atiku as its flagbearer.

The ruling followed a suit instituted by Nafiu Bala Gombe, a former National Deputy Chairman (North-East) of the ADC, who challenged the process through which Mark and other members of the caretaker leadership assumed control of the party.

Gombe had approached the court, arguing that the emergence of the Mark-led leadership violated the ADC constitution and provisions of the Electoral Act.

He maintained that following the resignation of the party’s former National Chairman, Chief Ralph Nwosu, he was constitutionally qualified to take over the leadership of the party.

The plaintiff consequently asked the court to invalidate all decisions taken by the Mark-led leadership and restrain Mark and former Osun State Governor, Ogbeni Rauf Aregbesola, from parading themselves as the ADC’s National Chairman and National Secretary, respectively.

The suit, marked FHC/ABJ/CS/1819/2025, listed the ADC, the Independent National Electoral Commission (INEC), Mark, Aregbesola and Nwosu as defendants.

After considering the arguments presented by the parties, Justice Lifu upheld Gombe’s claims and granted the reliefs he sought, effectively invalidating the authority of the Mark-led Caretaker Committee and the decisions it took on behalf of the opposition party.

Among the major consequences of the judgment is the nullification of the presidential primary organised by the committee, which produced Atiku as the ADC’s candidate for the 2027 election.

Atiku’s nomination had earlier been reflected in the list of presidential candidates published by INEC. He had also selected former Rivers State Governor, Rotimi Amaechi, as his running mate.

The judgment has therefore cast fresh uncertainty over the ADC’s presidential ticket and its preparations for the 2027 general election, particularly the legal status of decisions taken by the now-invalidated leadership.

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However, the party has indicated that it will challenge the ruling at the Court of Appeal.

The ADC National Welfare Secretary, Nkemakolam Ukandu, who was subsequently joined as an interested party in the case, confirmed that the party would appeal the judgment.

The development comes barely 24 hours after Atiku held a campaign rally in Sokoto State as part of his political activities ahead of the 2027 presidential election.

The ruling represents another major legal challenge for the ADC, which has been grappling with leadership disputes and litigation over its national and state structures ahead of the next general election.

The outcome of the proposed appeal could prove significant for the party’s leadership, its presidential nomination process and its ability to proceed with preparations for the 2027 elections.

For now, the court’s decision has invalidated the actions of the Mark-led caretaker leadership, including the process that produced Atiku as the party’s presidential flagbearer, pending further judicial proceedings.

BREAKING: Court Sacks David Mark-Led ADC Exco, Nullifies Atiku’s 2027 Presidential Candidacy

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Sultan Honours MURIC Founder Ishaq Akintola for Decades of Religious Rights Advocacy

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Sultan Honours MURIC Founder Ishaq Akintola for Decades of Religious Rights Advocacy

Sultan Honours MURIC Founder Ishaq Akintola for Decades of Religious Rights Advocacy

  • MURIC Congratulates Ishaq Akintola on Sultan’s Special Recognition Award

The Sultan of Sokoto, His Eminence, Alhaji Muhammad Sa’ad Abubakar III, has conferred a Special Recognition Award on the Founder and Executive Director of the Muslim Rights Concern (MURIC), Professor Ishaq Akintola, in recognition of his contributions to religious freedom, justice and peaceful coexistence in Nigeria.

Sultan Honours MURIC Founder Ishaq Akintola for Decades of Religious Rights Advocacy

Sultan Honours MURIC Founder Ishaq Akintola for Decades of Religious Rights Advocacy

The award was presented to Akintola on Monday, November 2, 2026, during the 13th Usman Dan Fodio Week and the 20th Coronation Anniversary of the Sultan, held at the International Conference Centre, Kasarawa, Sokoto State.

The ceremony attracted an array of distinguished personalities, including traditional rulers, religious leaders, government officials, Islamic scholars, academics and other eminent Nigerians from within and outside the country.

Following the presentation, MURIC Oyo State Chapter congratulated Akintola, describing the honour as well-deserved and a recognition of his decades of commitment to protecting religious rights, promoting justice, defending the oppressed and fostering peaceful coexistence.

In a congratulatory statement dated November 5, 2026, the chapter said the recognition reflected Akintola’s consistent efforts to defend religious freedom, particularly the rights of Nigerian Muslims to practise their faith without discrimination, intimidation or persecution.

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The statement, signed by the chapter’s General Secretary, Mallam Ibrahim Agunbiade, noted that Akintola had remained a prominent voice in the advocacy for religious rights through his leadership of MURIC.

The chapter also expressed particular appreciation for Akintola’s decision to dedicate the award to Muslims facing religious persecution in Nigeria.

It described the gesture as evidence of his selfless commitment to the collective interests of the Muslim Ummah and his determination to ensure that the challenges confronting persecuted Muslims receive sustained attention.

MURIC Oyo said the award should not be regarded merely as a personal achievement but also as an honour to the organisation, the Nigerian Muslim community and everyone committed to justice, equity and religious freedom.

The chapter prayed for continued good health, wisdom, strength and steadfastness for Akintola, expressing hope that the recognition would inspire him to intensify his contributions to Islam, humanity and the protection of fundamental human rights in Nigeria.

“May this recognition inspire greater commitment to the struggle for justice and the protection of fundamental human rights in Nigeria,” the statement said.

The chapter concluded by congratulating the MURIC founder and praying for Allah’s continued guidance and blessings upon him.

 

 

Sultan Honours MURIC Founder Ishaq Akintola for Decades of Religious Rights Advocacy

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Omoda and Jaecoo Race Past 1.4m Sales, Expand Push into AI, Electrification

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Omoda and Jaecoo Race Past 1.4m Sales, Expand Push into AI, Electrification

 

Omoda & Jaecoo have surpassed 1.4 million cumulative global vehicle sales in just three and a half years, marking a major milestone in their international expansion as the automotive brands step up investments in electrification, artificial intelligence and autonomous mobility.

The achievement, announced following the 2026 International User Summit held in October in Wuhu, China, underscores the brands’ rapid growth and ambitions to strengthen their position in an increasingly technology-driven global automotive market.

With operations spanning 79 markets worldwide, Omoda & Jaecoo are now looking beyond vehicle sales to develop an integrated mobility ecosystem built around intelligent technologies, alternative powertrains and improved customer experiences.

The summit, themed “DRIVE TO THE NEXT VIBE,” brought together customers, media representatives and business partners to showcase the brands’ latest innovations, future product plans and expanding research and development capabilities.

One of the major attractions was the global debut of the OMODA X, a futuristic cross-off-road vehicle designed to combine urban practicality with a bold, adventure-inspired exterior. Its unveiling was accompanied by a global user co-creation initiative, allowing participants from different markets to contribute ideas and interpretations of the new model.

The initiative reflects the company’s growing emphasis on customer participation in product development and brand building.

Intelligent mobility technology also took centre stage, with demonstrations of the Super Intelligent Valet Parking system (SIVP), which features automated vehicle summoning, parking-route planning and obstacle avoidance.

Another innovation, the Super Intelligent AI Space (SIAS), showcased voice-controlled cabin technology capable of processing multiple requests through a single instruction. The system also demonstrated personalised digital experiences, including music recommendations based on users’ moods.

On electrification, the Super Hybrid Marathon provided an opportunity to assess vehicle performance across urban roads, highways and mountainous terrain.

According to the manufacturer, the OMODA 5 NEXT SHS-H recorded fuel consumption of 4.5 litres per 100 kilometres and achieved a maximum driving range of 1,015 kilometres during the exercise.

The company said the evaluation went beyond fuel efficiency to examine power delivery, cabin insulation and passenger comfort under varying driving conditions.

Beyond conventional vehicle development, Omoda & Jaecoo also outlined their ambitions in autonomous transportation through a purpose-built Level 4 Robotaxi programme.

The initiative involves proposed cooperation with UAE-based K2 and is designed around an integrated service model covering digital bookings, vehicle dispatch, cabin preparation, autonomous journeys and fleet maintenance.

The summit also highlighted the wider technology ecosystem associated with the brands through AiMOGA, which unveiled Mobo, a home companion robot, and opened global pre-orders.

Designed to recognise family members, remember individual preferences and support everyday interactions, Mobo illustrates the company’s ambition to extend artificial intelligence and robotics beyond the automotive environment into domestic life.

Supporting these initiatives is increased investment in research and innovation. Omoda & Jaecoo disclosed that research and development expenditure by its parent company, Chery, reached RMB 6.672 billion in the first half of 2026, representing a 28.3 per cent increase over the corresponding period in 2025.

The latest sales milestone follows the brands’ achievement of their first one million cumulative global sales earlier in 2026, highlighting the pace of their expansion across international markets.

For Omoda & Jaecoo, the next phase of growth will depend not only on expanding their geographical footprint but also on translating technological innovation into practical benefits for customers.

Although some of the technologies unveiled at the summit remain at different stages of development and commercial introduction, the event offered a glimpse into the brands’ long-term strategy as competition increasingly shifts towards intelligent vehicles, electrification, connectivity and autonomous mobility.

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