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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WOMEN AFFAIRS MINISTRY TO PARTNER SMEDAN FOR INCLUSIVE GROWTH OF FEMALE ENTREPRENEURS IN THE COUNTRY.(PHOTO).#PRESS RELEASE

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 PRESS RELEASE 


WOMEN AFFAIRS MINISTRY TO PARTNER SMEDAN FOR INCLUSIVE  GROWTH OF FEMALE ENTREPRENEURS IN THE COUNTRY



The Ministry of Women Affairs has expressed its readiness to partner with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), with a view to ensuring inclusive growth of   female enterprenuers in the country


The Honourable Minister of Women Affairs, Barrister (Mrs) Uju Kennedy-Ohanenye made the disclosure during the Launching of a Desk for Women and Youth Empowerment by SMEDAN for targeted programmes and inclusive measures aimed at empowering women for the socio-economic development of the country


The Minister stated that launching a Desk equipped with modern tools for women empowerment is apt, as it will not only ensure that the gender gets first-hand attention in the area of skill acquisition but also make room for the emergence of more female enterprenuers thus leading to self reliance and employability


She added that on its part, the Ministry will work towards ensuring the profitable marketing of the end products of the enterprenuers by linking SMEDAN with its E-portal platform which is meant to serve as a one-stop-shop for all stakeholders in her product sale scheme


While describing women as investment multipliers and key drivers of prosperity in every given nation, Barrister Kennedy-Ohanenye added that the desk will further facilitate the stimulation, monitoring and coordination of women into being employers of labour, thus promoting the setting up of more cottage industries in the country


She commended the Agency for making conscious efforts to prioritize youth, women and the vulnerable in the society in its empowerment initiatives in line with the policy thrust of the present Administration 


Earlier, the Director-General, 

Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr. Charles Odii stated that the newly launched Desk will focus on training and facilitation of capital for trainees while also creating avenues for market accessibility 


While expressing SMEDAN's willingness to continue to partner with other relevant Agencies in order to drive the policy initiatives of government, Mr. Odii thanked the Honourable Minister of Women Affairs, Barrister (Mrs) Uju Kennedy-Ohanenye as well as Management and Staff of the Ministry, for their dogged determination in ensuring the full implementation of the policies, initiatives and programmes of the Federal Government, in line with the Renewed Hope Agenda of the President Bola Ahmed Tinubu-led Administration


Mrs Grace Njoku

Head, Press & Public Relations 

January 16, 2024

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