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Alleged ₦2.04bn Money Laundering: Court Reserves Ruling on Ex-NRC Finance Director, Felix Njoku’s Bail

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By Francis Wilfred 

Justice Olubunmi Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, has fixed June 2, 2026, for ruling on the bail application filed by Felix Njoku, one of the defendants standing trial in the alleged ₦2.04 billion money laundering case involving officials of the Nigerian Railway Corporation (NRC).

Njoku, a former Director of Finance of the NRC, is being prosecuted alongside three other senior officials over alleged fraud and money laundering offences.

At the resumed hearing on Monday, counsel to the first defendant, Mordecai Adejo, informed the court that he had filed a motion for bail dated February 3, 2026, supported by a four-paragraph affidavit and a written address.

Adejo urged the court to allow his client continue enjoying the interim bail earlier granted by the court, arguing that Njoku had complied with all conditions attached to the temporary release.

According to him, the defendant had neither absconded nor violated the court’s directives, adding that he consistently reported to the Economic and Financial Crimes Commission (EFCC) office as required.

The defence counsel further prayed the court to grant bail pending the conclusion of the trial.

Opposing the application, prosecution counsel, Abba Muhammed, SAN, told the court that the EFCC had filed a counter-affidavit and written address against the request.

Muhammed argued that the defence failed to provide sufficient information about the defendant’s family ties in Nigeria, which he said was necessary in determining whether the defendant posed a flight risk.

He further submitted that the anti-graft agency had evidence suggesting that Njoku might abscond if admitted to bail.

The prosecutor also expressed concern that some of the prosecution witnesses were staff of the Nigerian Railway Corporation, where the defendant previously served, warning that he could interfere with witnesses and evidence if released.

Following arguments from both parties, Justice Abike-Fadipe reserved ruling on the application till June 2.

The prosecution thereafter opened its case by calling its first witness, Clement Ngbolu, a compliance officer with Zenith Bank Plc.

Led in evidence by Muhammed, the witness told the court that he had worked with the bank for about 16 years and was responsible for responding to requests from law enforcement agencies.

Ngbolu explained that Zenith Bank received a letter from the EFCC in June 2025 requesting the statement of account of FC Njoku and Company Ltd.

He said the documents were generated from the bank’s system, verified and forwarded to the EFCC.

The prosecution tendered the EFCC’s letter, the bank’s response and account opening documents for the company, which were admitted as exhibits after the defence raised no objection.

The witness identified Njoku Judith Chidima and Njoku Nyaku as signatories to the account and also confirmed several inflows into the account.

Justice Abike-Fadipe subsequently adjourned the matter till May 12, 2026, for continuation of trial.

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Lagos Intensifies Street Begging Removal, Reaffirms Okada Ban Amid Enforcement Drive

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By Achadu Gabriel, Kaduna

Lagos State Government has intensified enforcement actions against street begging, destitution, cart pushers and buyers of condemned goods, while also reinforcing the existing ban on commercial motorcycle (Okada) operations as part of its environmental and security management strategy.

The exercise, which took place on June 10, 2026, was overseen by the Ministry of the Environment and Water Resources, led by Commissioner Tokunbo Wahab, under the supervision of Governor Babajide Sanwo-Olu.

Authorities said affected individuals were relocated from Lagos streets to their respective states of origin, though the state government has not released official figures on the number of persons involved.

The enforcement has generated public debate, with some commentators praising the move as a step toward restoring order and addressing urban safety concerns. Public affairs commentator Dr. Zainab Suleiman Buhari described the operation as a “bold step,” urging other state governments to adopt similar approaches while emphasizing that interventions should remain humane and legally guided.

She also called for broader reforms in northern Nigeria, including improved access to education, skills development programmes, and economic empowerment initiatives to reduce street begging and child vulnerability. However, she stressed that poverty should be addressed through policy reforms rather than stigma.The Lagos State Government maintains that the exercise is part of ongoing efforts to improve public sanitation, safety and compliance with existing regulations.

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Reflection on Solomon Akpulonu’s “Ikemsinachi” Campaign Slogan and the Meaning of Power

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By Okechukwu Keshi Ukegbu

A campaign slogan by House of Representatives aspirant for Obingwa, Osisioma Ngwa and Ugwunagbo Federal Constituency, Solomon Akpulonu, has drawn reflection on the nature of political power and divine authority. The slogan, “Ikemsinachi,” translated as “my power comes from God,” is described by the writer as a reminder that authority and promotion are ultimately determined by God, rather than human effort alone.

Referencing biblical texts including Psalm 62:11 and Psalm 75:6–7, the author argues that leadership positions are not solely the result of ambition or strategy, but are shaped by divine will. The reflection also urges political actors and aspirants to embrace humility in their pursuit of office, cautioning against excessive ambition and self-reliance. It further emphasizes the importance of integrity, moderation, and service-oriented leadership.

Drawing from additional scriptural references such as James 4:14–16, the piece highlights the uncertainty of life and the need for individuals to acknowledge the limitations of human plans. The author concludes that Akpulonu’s slogan should serve as a broader moral lesson for political actors ahead of future elections, encouraging them to prioritize humility, purpose, and a recognition of divine authority in leadership aspirations.

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Ibeno Clan Council Seeks Probe of Publication on BUA Refinery Project

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By Ogenyi Ogenyi, Uyo

The Ibeno Clan Council has called on the Akwa Ibom State Government and security agencies to investigate a publication it says misrepresented the community’s position on the proposed BUA Refinery Project in Ibeno Local Government Area.

In a statement issued on Monday in Upenekang and signed by the Council Secretary, Chief Okon Udofia, the council said the report created the impression that Ibeno residents oppose the refinery project and other investments in the area.

According to the council, such narratives could negatively affect the community’s reputation and potentially discourage investment in Akwa Ibom State.The council expressed concern over what it described as efforts to portray Ibeno as hostile to development, particularly at a time when the state government is seeking to attract major investments.

It urged authorities to examine the publication and determine whether it represented a personal opinion or a broader attempt to create tension between Ibeno and neighbouring communities.The council also requested that the author of the publication be invited by relevant authorities to clarify the claims made and the interests represented in the report.

Reaffirming its support for development initiatives, the council stated that Ibeno has consistently welcomed investments and described the BUA Refinery Project as a strategic development with potential benefits for the host community, Akwa Ibom State and Nigeria.

The statement further pledged continued cooperation with the state government and other stakeholders to maintain a peaceful environment for investment and economic growth. The council also urged residents and stakeholders to promote unity and avoid actions or narratives that could undermine peace and development in the state.

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