Category: City Beats

  • Coalition condemns alleged illegal evictions in Lagos waterfront communities

    Coalition condemns alleged illegal evictions in Lagos waterfront communities

    A coalition of national and international human rights, environmental, and social justice organisations has condemned what it described as illegal evictions by the Lagos State Government in several waterfront and informal settlements, including Makoko, Oworonshoki, Ilaje-Otumara, Baba Ijora, and Owode Onirin.

    The condemnation was contained in a joint statement signed by community leaders and civil society representatives, including Israel Idowu, Student Coordinator of the Makoko Waterfront Community; Comrade Abiodun Ahmed, Chairman of Owode Motor Spare Parts Market; Comrade Tunde Yusuf, Secretary of the Ajegunle Peoples Movement (APM); Olanrewaju Olusegun, Secretary of the Coalition of Oworonshoki Demolition Victims; Betty Abah, Founder of the Centre for Children’s Health Education, Orientation and Protection (CEEHOPE); Comrade Alex Omotehinse, President of the Center for Human and Social Economic Rights (CHSR); Zikora Ibeh, Assistant Executive Director of Corporate Accountability and Public Participation Africa (CAPPA); and Opeyemi Adamolekun.

    The groups accused the government of clearing prime land for elite and private developments under the pretext of “urban renewal,” alleging that the actions were carried out without adequate notice, consultation, compensation, or resettlement arrangements.

    They said the demolitions have triggered mass homelessness, disproportionately affecting fishermen, traders, women, children, the elderly, and persons with disabilities, while exacerbating poverty, food insecurity, and social instability across affected communities.

    The coalition cited a pattern of demolitions dating back to Otodo Gbame (2016–2017) and extending to more recent actions in Oworonshoki, Ilaje-Otumara, Baba Ijora, and Makoko.

    It alleged that court orders were disregarded, adding that security operatives deployed force and tear gas, residents were detained, and livelihoods were destroyed.

    In Makoko alone, the organisations claimed that more than 3,000 homes have been demolished since December 2025, displacing over 10,000 residents, with reports of injuries and fatalities.

    Rejecting government claims that the demolitions were carried out for safety reasons, the coalition argued that the actions reflect long-standing neglect of informal settlements rather than lawful urban planning interventions.

    The groups demanded an immediate halt to demolitions, provision of emergency shelter and essential services for displaced persons, full compensation, accountability for alleged abuses, an inclusive resettlement framework.

    They warned that such evictions undermine Lagos’ claim to global-city status, stating that failure to ensure justice, compensation, and resettlement would remain a “permanent stain” on the state’s governance record.

  • Former APC guber aspirant in Osun alleges threat to life, petitions IGP, DSS

    Former APC guber aspirant in Osun alleges threat to life, petitions IGP, DSS

    • …petitions IGP, DSS, NSCDC

    A Professor of Mathematics from the United States of America (USA), Rafiu Durodoye, who contested for the Osun State governorship ticket of the All Progressives Congress (APC), has raised the alarm over an alleged threat to his life after criticising the government of Governor Ademola Adeleke.

    The Nation recalled that Prof Durodoye had granted an interview with an online platform, where he questioned the quality of education at Atlanta Metropolitan College, Georgia, and the certificate earned by Adeleke in the school.

    Also, he criticised his style of governance, stating that he should be voted out in 2026.

    However, Adeleke, through his spokesperson, Olawale Rasheed, in a statement, warned the US University don against disinformation aimed at the governor.

    Meanwhile, Prof Durodoye, while addressing newsmen in Osogbo capital of Osun State, on Friday, raised alarm over alleged death threats from unknown people who were bitter about how he criticised Governor Ademola Adeleke.

    Read Also: Two men arraigned for N11million cable theft in Osun

    He said, “I received a call from Ede, hometown of the governor, the person warned and threatened me over my comments on Adeleke with an unknown number.  After another person told me that they had given him my job to do, to kill me. After that, Adeleke’s spokesperson wrote things against me on social media.

    “Two weeks ago, three armed men were knocking at my gate at 9:30 pm. I was not in, so my neighbour approached them, and they said they wanted that Professor. They were told that I was not in, then they sent him to tell me that they would be back to deliver the message. So they left.

    “On Monday, I went to Ibadan, and my people came back to Osogbo. They were stopped and blocked at the last junction to my house, and they were led to my gate with guns. They came in a Sienna SUV and two Okadas. They told them that I was not home, but they did not believe them, so one of them said maybe they should kill one of my cousins as a message to me, but one of them said no, that they needed me. They left and promised to come back.”

    He stated that Adeleke and his supporters should be held responsible if anything happens to him, adding that the threats have heightened concerns about his personal safety and the shrinking space for dissenting opinions in the state.

    The don disclosed that he had petitioned the Inspector General of Police, Department of State Service (DSS), and Nigeria Security Civil Defence Corps (NSCDC) over the matter to seek security. 

  • Agbelebu Foundation activates free health insurance for elderly, persons with disabilities

    Agbelebu Foundation activates free health insurance for elderly, persons with disabilities

    The Agbelebu Foundation has activated a free health insurance scheme for elderly citizens and people living with disabilities, expanding access to essential healthcare services for vulnerable members of society.

    The rollout fulfils a prior commitment by the foundation, enabling registered beneficiaries to begin using their insurance coverage for already-paid months at their preferred hospitals.

    The initiative officially took effect in January and is designed to eliminate financial barriers to medical care for selected participants.

    Speaking on the development, the foundation’s founder, Gbenga Abiola (Agbelebu), described the programme as a targeted intervention aimed at restoring dignity and guaranteeing consistent healthcare access for underserved populations.

    Read Also: Murtala Muhammed Foundation set to mark 50th anniversary

    He reaffirmed that healthcare is a fundamental right and pledged the foundation’s continued support for individuals facing economic and physical challenges.

    Hon. Abiola explained that all beneficiaries were enrolled during the scheme’s unveiling in December, adding that the complete list is available for verification at the Agbelebu Foundation Secretariat.

    He noted that beneficiaries, comprising elderly persons and people living with disabilities, were selected through a transparent and inclusive process.

    Community leaders and beneficiaries have commended the initiative, describing it as timely and impactful.

    They said the programme not only addresses urgent healthcare needs but also reinforces the foundation’s track record of people-focused interventions in healthcare, social welfare, education, and empowerment.

  • Northwest recorded highest interest to vote in 2027 election – Yiaga Africa

    Northwest recorded highest interest to vote in 2027 election – Yiaga Africa

    A report by Yiaga Africa has shown that voters in the North-west are more likely to come out en masse in 2027 to cast their vote despite widespread insecurity in the region.

    The region is followed by the North-west in the report released by the civil society organisation.

    Yiaga Africa disclosed this in Abuja during the presentation of the first round of its National Voting Intentions Survey titled “Who Will Vote?”

    According to the report, 67 per cent of respondents in the North-West and 45 per cent in the North-East expressed willingness to vote in 2027, while the South-South and South-East recorded the lowest levels of enthusiasm at 29 per cent and 25 per cent respectively.

    Presenting the findings, the Executive Director of Yiaga Africa, Samson Itodo, noted that the regions with the strongest intention to vote also reported high levels of concern over security threats and possible electoral violence, which could hinder participation.

    Itodo said the survey was conducted to assess voter interest, confidence in the electoral process, and barriers to participation ahead of the polls.

    He said the survey was carried out between December 1 and 5, 2025, using telephone interviews with 1,500 respondents across the 36 states and the Federal Capital Territory, with a 95 percent confidence level.

    The report showed that 77 per cent of Nigerians indicated they were likely to vote in 2027, but 42 per cent cited fear of violence as the major reason discouraging participation.

    It further revealed that security concerns, quality of candidates, and economic conditions were the leading factors influencing voting decisions, suggesting a growing preference for candidates over political parties.

    While 76 per cent of respondents believed their votes could influence election outcomes, only 45 per cent expressed confidence in the Independent National Electoral Commission’s ability to conduct credible elections.

    Yiaga Africa recommended improved election security, credible party primaries, and enhanced INEC logistics to boost voter turnout ahead of the 2027 general election.

    In his remarks, the National Chairman of the Inter-Party Advisory Council, Dr Yusuf Dantalle, expressed concern over declining voter turnout.

    Dantalle noted that only about 27 per cent of registered voters participated in the 2023 presidential election.

    He said sustained efforts were required to rebuild trust in the electoral system and encourage wider citizen participation.

  • Violence across Nigeria affects people of all faiths – Presidency

    Violence across Nigeria affects people of all faiths – Presidency

    The Presidency on Friday dismissed claims that Nigeria’s insecurity is driven by religious targeting, insisting that violence across the country affects people of all faiths and should not be framed as a religious war.

    The Senior Special Assistant (SSA) to the President on Chieftaincy Matters, Hon. Abba Tijjani Hashim, said this during an interaction with the Methodist Archbishop of Anambra, Most Rev. Vincent Onoh, as part of ongoing engagements between government officials and religious leaders on peace, unity, and national stability.

    Hashim cautioned that narratives portraying Nigeria’s security challenges as genocide or faith-based conflict risk deepening divisions and undermining national cohesion at a critical time for the country.

    “What’s important now in this country is togetherness. We should put everything aside between Muslims, Christians, and even people who don’t have a religion.

    “We should not go with the stories going around, which all of us know are false,” he added.

    Responding to allegations of mass killings and abductions of Christian faithful, Hashim said realities on the ground show that insecurity cuts across religious lines, particularly in conflict-prone regions.

    “Even in this era where they are saying there is a genocide in Nigeria, if you go to places like Maiduguri, both Christians and Muslims have been killed,” he said.

    He noted that interfaith tensions, especially in the North, are no longer as severe as they once were, attributing the shift to growing awareness and sustained engagement with religious leaders.

    “Even the fight between Muslims and Christians is not like before. People are becoming more aware. We are engaging imams and malams, telling them to preach peace and unity. That is the most important thing,” he said.

    To illustrate Nigeria’s history of inter-ethnic trust and coexistence, Hashim shared a personal example from his family.

    “My dad’s closest person is an Igbo man, a Christian. He is his secretary and is even a signatory to his account. We cannot spend two days without talking to each other,” he said.

    He expressed concern that the country has drifted from the values that once held communities together.

    The presidential aide urged religious leaders across faiths to prioritise national interest and support the ongoing peace and security efforts of the current administration, adding that further engagements with religious and community leaders would be organised to deepen dialogue on unity and nation-building.

    Earlier, Archbishop Onoh stressed that national cohesion remains the foundation for progress and security, drawing from his 13 years of living and working across Northern Nigeria, including Kaduna, Sokoto, and Jos.

    “Without unity, no progress. If not for cohesion, one would begin to see everything as ‘not our own’. But without Nigeria, even what you call your food, you will not eat it,” he said.

    The archbishop lamented what he described as the growing influence of money and self-interest in national life, urging leaders to return to values of love, sacrifice, and service.

    He cautioned that disunity creates openings for instability and external threats.

    “Without unity, we open the door for our enemies,” Onoh said.

    Onoh, however, acknowledged improvements in security in parts of the South-East, particularly Anambra State, noting increased freedom of movement.

    He pledged the support of religious leaders for government efforts aimed at sustaining peace and stability.

    “Wherever you think we can come in to support this government, we will do it,” he said.

  • Mall of Fame Nigeria, City Boy Movement, others partner on education development in Nigeria

    Mall of Fame Nigeria, City Boy Movement, others partner on education development in Nigeria

    Mall of Fame Nigeria, in Collaboration with the Federal Ministry of Education and the City Boy Movement, has unveiled Season two of the National Inter-school Tourism Debate/Quiz Competition for Secondary Schools.

    The National Press Conference held at the Main Conference Hall of the Federal Ministry of Education was presided over by the Convener & Executive Producer of Mall of Fame Nigeria (Future Kids Competition), Olugbenga Joseph Komolafe, FCAI

    The event had in attendance, including the Honorable Minister of State for Education, Professor Suwaiba Said Ahmad, represented by Mr Joseph Achede, DG City Boy Movement (Represented), Hon. Bolanle Aminat Sarumi (NM), FME Directors of: Senior Secondary Education, Basic Education, Special Duties, Education Support Services, Polytechnic Education, Planning/Research & Statistics, and College of Education.

    Brand Partners at the Conference also include: City Boy Movement, Brain Foods, MTN Nigeria, SunTrust Bank Limited, and members of the Press.

    Ugwu Ijeoma, a Brand Partner to the project, emphasized the project direction on supporting children living with Autism from inception, a CSR initiative by the Organizers (Mall of Fame Nigeria) and Brainfood.

    The Honourable Minister of State for Education emphasised the Full Support of the Federal Ministry of Education for the Mall of Fame Nigeria Project. The endorsement of the Project is a bold statement by the FME on the development of Culture Education for Schools in Nigeria.

    The DG of City Boys Movement, Mr Francis Shoga, gave a goodwill message on behalf of the Grand Patron of City Boys Movement, Barr. Seyi Tinubu on Education Development for Youth Empowerment.

    MTN Nigeria Team mentioned the Full commitment of the Multinational Global Brand to Support Mall of Fame Nigeria Vision for Future Generations on Tourism Education through the MTN See Naija Initiative.

    The Project Convener, Mr Olugbenga Komolafe FCIA, mentioned the importance of the Project as a National Education Development Project which proudly aligns with the Vision of the Presidency on Youth Empowerment and Cultural/History Education Development in Nigeria.

    Read Also: City Boy Movement appoints state, diaspora directors aheadof 2027 elections

    Season 2 of the National Education Project will kick off with a National Tour of States Starting with FCT Abuja, Ekiti, Plateau, Oyo, Enugu, and Akwa Ibom Editions from Feb 2026 to May 2026.

    Theme: “Cultural identity, an Asset for Social Development & Economic Prosperity”.

    The Noble Project is endorsed and in collaboration with the Federal Ministry of Education, Ekiti State, Plateau State, Lagos State Government(s), MTN Nigeria, Grand Cereal, City Boy Movement, Afristar Entertainment, Lufodo Academy, Brainfood, Wazobia, Nigeria Info, Deroaco Ltd, Kidsfm, Naija Champs.

  • PAACA urges Nigerians to scrutinise political parties ahead of 2027 polls

    PAACA urges Nigerians to scrutinise political parties ahead of 2027 polls

    The Peering Advocacy and Advancement Centre in Africa (PAACA) has called on Nigerians to closely monitor the activities of politicians and political parties as preparations intensify for the 2027 general election.

    Executive Director of PAACA, Ezenwa Nwagwu, made the appeal in a statement issued in Abuja, stressing that public attention should extend beyond the Election Management Body to the internal democratic practices of political parties.

    Nwagwu noted that the quality of primary elections often determines the credibility of the eventual general elections, warning that flawed primaries frequently produce disputed or unpopular candidates.

    “Nigerians underestimate the role political parties play in the outcome of general elections. If the primary elections are compromised, the outcome will reflect in the main polls. About 90 percent of the challenges in our elections stem from weak internal democracy—imposition of candidates, absence of genuine contests, and limited competition within parties,” he said.

    He spoke against the backdrop of the expected resumption of deliberations by the National Assembly on electoral reforms and possible amendments to the Electoral Act.

    The PAACA director further urged citizens and stakeholders to monitor the growing wave of defections across political parties and assess its implications for internal cohesion and stability within the political system.

    He said, “Stakeholders must pay keen attention to what the political parties are doing. We cannot be described as meddlesome interlopers in the affairs of people who recruit leaders for us. The leader’s selection process is a sacred assignment that the political parties are involved in. They are the ones who present candidates. INEC does not present candidates. Sometimes they even present unqualified candidates, and the matter ends up in court”.

    He stressed that reforms must go beyond passing new laws every election season, arguing that politicians must embrace a change in their attitudes towards elections and democracy.

    “We may have all the good laws, but at the end of the day, it comes down to the attitude of politicians,” Nwagwu said.

    “So, as we go into 2027, the reforms are not just going to be legalistic reforms. We must examine how much we have shifted from our subversive attitude to the laws that already exist. Because even when you make new laws, the politicians who make the laws go back to study how to subvert them,” Nwagwu stated further.

    Nwagwu faulted what he described as the over-concentration on INEC, noting that election administrators often become scapegoats for crises orchestrated by political actors.

    “The challenge is that all of us are fixated on the election administrator whose job is simply to conduct elections. But politicians sometimes go behind to compromise the administrator and subvert the rules. About 60 per cent of electoral crises are orchestrated by political actors themselves,” he said.

    He warned that as 2027 approaches, citizens must remain vigilant and resist attempts by politicians to dominate and divert public discourse.

    “We will begin to see the heating up of the polity from February. Politicians have mastered the art of diverting attention from the real issues, and citizens must not allow them to control the narrative,” he cautioned.

    Nwagwu predicted that in 2026, Nigerians would see an increase in self-promotion by politicians.

    He said, “We will see an increase in awards (governor of the year, politician of the year). We will see an increase in self-promotion. As citizens, it is our duty to hold them accountable to ask, “How did you improve the lives of Nigerians, in health education and so on?”

    He criticised lawmakers who, according to him, return home during holidays to distribute food items without engaging constituents meaningfully.

    “Many lawmakers went home to share rice, but none held town hall meetings to explain how they have been representing their people in Abuja,” he said.

    On reforms, the PAACA executive director identified result management as a key area requiring urgent attention.

    “The real challenge is collation. What we need is a system that allows electronic collation of results from polling units to local governments. IReV is not a coalition,” he clarified.

    He also called for the expansion of Nigeria’s democratic space through reforms such as reserved seats for women, diaspora voting, and early voting.

    Nwagwu lamented what he described as the absence of ideological opposition in Nigeria’s political space, noting that the country has “opposition figures, not opposition parties.”

    “These figures are largely incoherent in their policy perspectives. Many of them are not new actors, yet there is no imagination or alternative vision on how the economy should be run. What we see repeatedly is the same IMF-driven agenda of privatisation,” he said.

    He added that a review of Nigeria’s economic outlook over the last four decades shows little deviation or innovation in policy direction, regardless of which party is in power.

  • Advocacy group faults ‘rushed’ enforcement of sachet alcohol ban

    Advocacy group faults ‘rushed’ enforcement of sachet alcohol ban

    A civic advocacy organisation, Concerned Citizens for Change, has faulted what it described as the hurried and undemocratic enforcement of a ban on the production, distribution, and consumption of alcoholic beverages packaged in sachets and small PET or glass bottles below 200ml.

    The group raised the concern on Friday in Abuja following reports that the National Agency for Food and Drug Administration and Control (NAFDAC) had begun enforcing the ban based on resolutions of the Senate.

    In a statement, the organisation said the action contradicts an earlier consultative process coordinated by the Federal Ministry of Health, which led to the drafting and validation of a National Alcohol Policy after engagements with industry stakeholders, regulators, and lawmakers.

    Concerned Citizens for Change accused NAFDAC’s leadership of acting unilaterally and called on the agency’s Director-General, Prof. Mojisola Adeyeye, to step aside, alleging that her actions undermine the Federal Government’s Renewed Hope Agenda under President Bola Ahmed Tinubu.

    Speaking for the group, Oluoha Godwin Chukwudi said the reported announcement, attributed to NAFDAC Director-General, ignored the outcome of previous consultations.

    He explained that the issue had already been discussed at a stakeholders’ forum convened by the Ministry of Health, attended by members of the House of Representatives, where resolutions were reached, including a one-year grace period and the development of a multi-sectoral National Alcohol Policy.

    “The alleged outright ban is at variance with the resolutions already agreed upon by stakeholders and supervised by the Ministry of Health, which constitutionally oversees NAFDAC.

    “We are surprised that NAFDAC would bypass this inclusive framework and seek enforcement without broad consultation,” Chukwudi said.

    The group also challenged claims that sachet alcohol consumption is a major driver of underage drinking, noting that several independent studies had reportedly refuted such conclusions.

    It added that manufacturers and distributors have invested heavily in responsible consumption campaigns, spending over ₦1 billion on nationwide media awareness to discourage underage drinking.

    The group warned that enforcing the ban could trigger serious economic disruption, including the potential loss of more than ₦1.9 trillion in investments, the retrenchment of over 500,000 direct workers, and the collapse of nearly five million indirect jobs across the supply chain.

    The organisation said such consequences would weaken the manufacturing sector and stifle small-scale entrepreneurs at a time when the economy is still recovering.

    The group called on the Minister and Coordinating Minister of Health and Social Welfare to formally adopt and implement the validated National Alcohol Policy, and urged the Senate to re-examine the issue through a fresh and inclusive stakeholders’ consultation.

    It also appealed to lawmakers to withdraw any directive authorising the ban and to restrain NAFDAC from enforcing it until the agreed policy framework is fully implemented.

  • Oyo records 246 fire incidents in 2025 — Fire Service Agency

    Oyo records 246 fire incidents in 2025 — Fire Service Agency

    The Oyo State Fire Services Agency has disclosed that no fewer than 246 fire incidents were recorded across the state in 2025.

    Chairman of the agency and special adviser on fire reform to Governor Seyi Makinde, Dr Maroof Adebayo Akinwande, made the disclosure during an interview with journalists on Thursday.

    Providing a breakdown of rescue operations for the year under review, Akinwande said 42 people were rescued alive from various emergency situations, while 30 bodies were recovered. 

    He also revealed that the agency received 10 false emergency calls in 2025.

    According to him, the monthly distribution of fire incidents showed 29 cases in January, 27 in February, 22 in March, 24 in April, 24 in May, 17 in June, 15 in July, 14 in August, 24 in September, 13 in October, 13 in November, and 21 in December.

    He further noted that 116 residential buildings were affected by fire during the year, alongside 38 shops. In addition, 14 vehicles and 21 petroleum tankers were also impacted by fire outbreaks.

    Akinwande urged residents to remain vigilant and take necessary safety precautions to prevent fire incidents, stressing the importance of environmental awareness and responsible handling of flammable materials.

    He also disclosed that the state government has approved the procurement of new firefighting equipment to strengthen the agency’s capacity and improve service delivery.

    Read Also: Fire guts commercial building in Lagos

    Akinwande said, “The total breakdown. We attended to 246 fire incidents in 2025. We received 10 false calls, I mean people that called us and we found out that it did not happen. We attended to 95 special services. We rescued alive 42 people. Victims recovered suspected dead was 30. Overall total is 353. 

    “We want to thank you the media for reporting our activities. It is to show people that these things are happening and people must be aware. It will help to motivate people to be safety conscious. 

    “Let me tell you that in order to ensure that we perform better, the Oyo State governor, Engineer Seyi Makinde has ordered for the procurement of some equipment. 

    “What the state government has done is that the state government has awarded the purchase of seven brand new fire fighting equipments to a contactor which we are expecting its delivery in the next 3 to six months. 

    “Fire fighting auxiliary have been paid for. Government has ordered for the purchase of tyres and battery for our vehicles. 

    “The governor has increased our operational cost. Not that one alone, the governor has approved the recruitment of 100 fire fighters. They are not undergoing training now. 

    “What the governor is saying is that of have all those equipments and no one to handle them, it is as if you are doing nothing, so the governor has ordered for the recruitment of 100 fire fighters. We are operating 24 hours a day. 

    “The governor is also trying to improve the standard of living of our men to encourage us to do more. These are the things the government is doing to ensure effective and efficient service delivery of the agency,”. 

  • Businessman, company convicted of $80,000, N953m fraud

    Businessman, company convicted of $80,000, N953m fraud

    Justice Modupe Nicole-Clay of an Ikeja High Court yesterday convicted one Victor Ogiemwonyi and his company, Partnership Securities Limited, for stealing N953,535,861.57 and  $80,000.

     The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, had arraigned the defendants on a two-count charges bordering on stealing, contrary to Section 285(1), (9) (b) and (c) of the Criminal Law of Lagos State, 2011.

     The case arose from a petition filed sometime in October 2016 by the nominal complainant, Mr. Arnold Onyekwere Ekpe, through his counsel, Margaret Onyema.

     The petition alleged that Ekpe instructed the defendants to sell his 96,077,872 units of Ecobank Transnational Incorporated (ETI) shares, which were sold for N1,296,885,311.02.

     Of the proceeds of the sale, the defendants paid only  N300 million to the complainant, while they diverted the balance for personal use.

    Following investigations, the defendants were charged with two counts of stealing.

    During the trial, the prosecution, led by Ola Sesan, called five witnesses and tendered 67 exhibits, all of which were admitted and marked by the court.

    Read Also: Nigeria to begin Urea export in 2028, says NMDPRA

    The defence, on its part, called three witnesses, including the first defendant.

     Count one reads: ”Victor Ogiemwonyi and Partnership Securities Limited between June and September, 2016 at dishonestly stole N953, 535,861.57 being part of the proceeds of sale of 96, 077, 872 Ecobank Transnational Incorporated shares, property of

    Mr. Arnold Onyekwere Ekpe”.

    Count Two reads: Victor Qgiemwonyi and Partnership Securities Limited sometime between June, 2016 and July, 2016 at Lagos  dishonestly stole the sum of USD$80,000, which formed part of the accrued dividends on 96, 077,872 Ecobank Transnational incorporated Shares, property of Mr. Anold Onyekwere Ekpe”.

     Delivering judgment on the matter, Justice Nicole-Clay found Victor Ogiemwonyi, Chairman of Partnership Securities Limited, and the company guilty on all counts.

     The court sentenced the first convict to pay a fine of N10 million, while the second convict was ordered to pay a fine of N20 million. 

    The court directed the convicts to pay back the money stolen from the petitioner, both in naira and dollars.