EFCC ARRAIGNS MAN FOR ALLEGED ₦55M FRAUD IN LAGOS. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns Man  for  Alleged ₦55m Fraud in Lagos The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, December 3, 2025 arraigned one Gabriel Celestine Nwawuzor, before Justice Daniel Osiagor of the Federal High Court in Ikoyi, Lagos for ₦55m fraud. Nwawuzor was arraigned alongside Moonlink Pharmaceuticals Limited, on a 3-count charge bordering on fraud and money laundering to the tune of N55,000,000 (Fifty Five Million Naira) One of the counts reads: "That you Gabriel Celestine Nwawuzor and Moonlink Pharmaceuticals Limited sometime in April, 2021, in Lagos, within the jurisdiction of this Honorable Court procured the account number 2170235882 domiciled in Zenith Bank to retain the sum of N55, 000, 000.00 ( Fifty Five Million Naira) which sum you knew forms part of the proceeds of your unlawful act and you thereby committed an offence contrary to Sections 21(a), 18(2)(d) of the of Money Laundering (Prevention and Prohibitio...
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WORLD TOURISM DAY: OBASEKI PUSHES TO BOOST EDO’S TOURISM RECEIPTS WITH DEVT OF CULTURAL DISTRICT.(PHOTOS).#PRESS RELEASE.

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World Tourism Day: Obaseki pushes to boost Edo’s tourism receipts with devt of cultural district

This year’s World Tourism Day presents yet another opportunity to reinstate the crucial role of the tourism sector to the growth and development of any economy and advocate for increased partnership among critical stakeholders to adequately harness the huge potential of the sector.

Travel and tourism alone, according to global research body, statistica.com, contributed about 2.8 percent of Nigeria’s entire GDP in 2020, which equaled 11 billion U.S dollars and this very significant contribution to the nation’s economy could be increased to reflect the true potential of the sector with adequate investment and partnerships.

This is why as a government, we are rethinking the sector and repositioning it to become a veritable source of revenue for our dear state. We are already developing the state’s tourism master plan, as well as critical infrastructure, among others required to reposition the sector to effectively contribute to the state’s economic growth and development.

With this tourism master plan, we are sure of boosting domestic tourism in the state and improving revenue. Our goal is to position Edo State as a world-class culture and tourism destination, leveraging the huge arts, culture and tourism potential of the state.

We are already developing a cultural district, which comprises museums, art spaces, cultural and arts bouquet services, entertainment centers, shopping malls, among others. These are sure to boost the state’s cultural district.

One more photo below. 

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