Four Lagos Drug Lords Jailed for 28 Years, Ordered to Forfeit VGC Properties

A Federal High Court in Lagos, presided over by Justice Yellim Bogoro, has sentenced four drug kingpins to a combined total of 28 years in prison with hard labour. EKO HOT BLOG gathered that the kingpins were arrested two years ago with 2.1 tonnes of cocaine at a residential estate in Ikorodu. Femi Babafemi, Director … Read more

Tinubu Rejects NEC’s Call To Withdraw Tax Reform Bill

Tinubu Permanent Secretaries

President Bola Tinubu has reiterated his commitment to the Tax Reform Bill currently under consideration in the National Assembly, firmly rejecting the National Economic Council’s (NEC) request to withdraw the bill for additional consultations. The NEC, led by Vice President Kashim Shettima and composed of the 36 state governors, had advised the President to pause … Read more

Court Orders Final Forfeiture Of Emefiele’s $2 Million, Properties Over Ownership Dispute

Emefiele’s Jurisdiction

The Federal High Court in Lagos on Friday ordered the final forfeiture of $2.045 million, seven premium properties, and share certificates linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to the Federal Government. Justice Deinde Dipeolu issued the ruling after no opposition was presented by Emefiele or any other claimants following the … Read more

EFCC Arrests Alleged Billionaire Fraudster, Recovers Cars, Properties in Abuja

Operatives of the Economic and Financial Crimes Commission (EFCC) on Wednesday, August 21, 2024, arrested one Hyginus Nkwocha for alleged internet fraud and money laundering. EKO HOT BLOG reports that Nkwocha, 35, was apprehended at Ever Green Estate, behind Millennium Estate, Lugbe, Abuja, following intelligence reports about his suspected involvement in internet fraud and money … Read more

2 Fire Incidents In 48 Hours Ravage Properties Worth Millions Of Naira

Fire

EKO HOT BLOG reports that a shopping complex of 20 shops located in Ilorin, Kwara State, has been gutted by fire, destroying properties worth millions of naira. The incident, which occurred on Saturday around 6 am, affected a shop with N3.2million worth of people destroyed at Fufu Street, Sabo-Oke area in Ilorin East Local Government. … Read more

Police IG Directs Closure Of All 17 LG Secretariats In Plateau State

Plateau Secretariat

The Inspector General of Police has ordered the sealing of all 17 Local Government Area secretariats in Plateau State due to leadership tensions. The suspension of local government council chairmen has caused tension between the ruling party and the opposition. The police command took this action to prevent disruptions and protect critical infrastructure. EKO HOT … Read more

Battle For Assets: Kogi Governor Claims Innocence As EFCC Fights To Preserve 14 Properties

Yahaya Bello

The EFCC has requested the Federal High Court in Lagos to dismiss the application by Kogi State Governor to vacate a forfeiture order of 14 properties and N400 million. The properties were reasonably suspected to have been derived from unlawful activities. However, the case has been adjourned until April 20, 2023, for the ruling EKO … Read more

Pictures Of Properties Worth 11Bn Forfeited By Top Military Officer Released By EFCC

top military officer

Full list of properties seized from top military officer as EFCC shields identity EFCC’s spokesperson, who signed the EFCC statement, said the forfeited properties situated on lands valued at over N3 billion are located in different parts of Kano, Katsina, Calabar (Cross River State) and Kaduna. EKO HOT BLOG reports that the Federal High Court … Read more

Tears As Fire Razes Balogun Market, Destroys Properties Worth Millions

Fire has razed balogun market and destroyed properties worth millions. EKO HOT BLOG reports that many traders at the popular Balogun market in Lagos State wept on Thursday morning as fire burnt their goods, destroyed properties worth millions. The fire incident, which started at midnight, occurred nine days before Christmas. Many of the traders lamented … Read more

EPE LAHA 2023: Segun Agbaje Reacts To Allegations Of Mismanaging, Converting Govt Properties To Personal Use

Hon. Segun Agbaje has reacted to allegations of mismanaging and converting government properties to personal use. EKO HOT BLOG reports that Hon Segun Agbaje, the former Chairman of Epe Local Government aspiring to fly the flag of the All Progressives Congress (APC) in the 2023 Lagos State House of Assembly Elections for Epe Constituency I, … Read more

FG Begins Sales Of Diezani’s Jewellery, Other Properties

EFCC

The Federal Government has begun the process of selling final forfeited assets in 25 locations across the country. Chairman, Inter-Ministerial Committee on the Disposal of Assets Forfeited to the Federal Government of Nigeria, Dayo Apata, made this known on Tuesday at a press conference. President Muhammadu Buhari had on November 9, inaugurated the committee following … Read more

80 Arrested For Allegedly Looting, Damaging Public And Private Properties In Calabar

The men of the Nigeria Police Force, Cross River state command has confirmed the arrest of 80 people allegedly involved in the looting of some government and private property in the state. Mr. Abdulkadir Jimoh, the state commissioner of police, who confirmed the arrest said some of the looted items have also been recovered. The … Read more

Bauchi: How Gov Bala Moh’d’s Son Paid N224.7m For Apartments Abuja

Bauchi: How Gov Bala Moh’d’s Son Paid N224.7m For Apartments Abuja

A prosecution witness, Dr. Musa A. Musa, on Thursday, February 27, 2020, narrated before Justice Nnamdi Dimgba of the Federal High Court, Abuja how Shamshudeen Bala, son of the former FCT minister and now Bauchi State governor, Bala Mohammed, made payments for three units of four-bedroom semi-detached duplexes, located in Apo and Guzape areas of … Read more

EFCC Marks Kalu’s Properties

Nnamdi Kanu

The Economic and Financial Crimes Commission, (EFCC) on Saturday, marked properties belonging to former Abia State Governor, Orji Uzor Kalu. According to the EFCC, the marking is to ensure that the properties are not dissipated, following the December 5, 2019 order of Justice Muhammed Idris sitting at the Federal High Court in Ikoyi, Lagos that … Read more