UPDATE: EFCC ARRAIGNS THREE INDIANS, NIGERIAN FOR ALLEGED CRIMINAL BREACH OF TRUST. (PHOTOS). #PRESS RELEASE.

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 EFCC Arraigns Three Indians,  Nigerian  for Alleged Criminal Breach of Trust The Economic and Financial Crimes Commission,  EFCC,  on Wednesday,  December 17, 2025 arraigned three Indians,  Lalit Sarwat, Ravi Raghavendra and Gagan Sarswat—alongside an Ilorin-based dispatch manager, Oniyide Samuel, before  Justice Sulaiman Akanbi of the Kwara State High Court sitting in Ilorin They were arraigned on a two-count charge bordering on conspiracy and criminal breach of trust, contrary to and punishable under Sections 97 and 314 of the Penal Code. The Commission alleged that the defendants, while being servants in the employment of KAM Steel Integrated Company Limited, conspired among themselves between November 2024 and September 2025 to commit criminal breach of trust. Count one of the charge reads: “That you, Lalit Sarwat, Kumar Saroj (at large), Oniyide Samuel (trading under the name and style of Incognito Steel), Ravi Raghavendra and Gagan Sarswat,...

COALITION THREARENS TO SHUT DOWN KANO MARKETS OVER DOLLAR SKYROCKETING. (PHOTOS).


 Coalition Threaten To Shut Down Kano Markets Over  Dollar Skyrocketing 


A coalition of Kano major markets leadership, have threatened to shut down all markets in the state, over the rise in the price of dollar and other currency at the forex market.


The Chairman of the Coalition Alhaji Junaid Muhammad Zakari Speaking shortly after a meeting with the leaders of over 30 Kano markets, in Kano.


He explained that, the current situation has affected traders and consumers, which necessitated the market leaders to look into the possibility of shutting down markets to curtail the increasing in inflation. 


The Chairman said, the increase in forex  has led to untold hardship on Nigerians, where the common man cannot afford three square meals,and other basic necessities.


Alhaji Junaidu appealed to Kano residents to exercise more patience, saying that, the coalition would submit a letter to the state government and relevant stakeholders, to express their displeasure over the unfortunate situation. 


The Vice Chairman, Coalition of Kano major markets leaders, Alhaji Balarabe Tatari, who doubles as Chairman Kantin Kwari market pointed out that, some unpatriotic Nigerians hoard goods due to the daily rise in forex especially dollar.


He hinted that, price of items have skyrocketed in the market, many traders have lost their capital, while consumers find it difficult to patronize goods and services due to inflation.


Alhaji Balarabe, appealed for leniency on the leader of gurasa sellers, who engaged in peaceful protest without following due process.


The Chairman, forex traders association Kano, Alhaji Sani Dada highlighted that, the issue of dollar is beyond their capacity, as their members do not have enough to sell to consumers.


He described hoarding of forex,goods and services as a major catalyst to the hardship in the country.


Others who spoke includes the leadership of Guarantors, butchers, mechanics among others. 

One more photo below. 


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