2026 BUDGET SPEECH: "BUDGET OF CONSOLIDATION, RENEWED RESILIENCE AND SHARED PROSPERITY", PRESENTED BY PRES. TINUBU. (PHOTO). #PRESS RELEASE.

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 2026 BUDGET SPEECH "BUDGET OF CONSOLIDATION, RENEWED RESILIENCE AND SHARED PROSPERITY"   Presented by: His Excellency, Asiwaju Bola Ahmed Tinubu, GCFR President, Federal Republic of Nigeria, At the Joint Session of the National Assembly, Abuja, Friday, 19 December 2025   PROTOCOLS o     Distinguished Senate President, o     Rt. Honourable Speaker and Honourable Members of the House of Representatives, o     Distinguished Senators and Honourable Members of the National Assembly, o     Fellow Nigerians, 1.            I am here today to fulfil an essential constitutional obligation by presenting the 2026 Appropriation Bill to this esteemed Joint Session of the National Assembly for your consideration.   2.            This budget represents a defining moment in our national journey of reform and transformation. Over the last two and a half years, my go...
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EFCC ARRAIGNS IBADAN BUSINESS WOMAN FOR N13M DUD CHEQUE. (PHOTO). #PRESS RELEASE

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 EFCC Arraigns Ibadan Business Woman for N13m Dud Cheque


 The Ibadan Zonal Command of the Economic and Financial Crimes Commission, EFCC, has arraigned a business woman,  Oluwabiyi Peace before Justice O.A. Adeyemi of the Oyo State High Court, sitting in Ibadan for issuing a dud cheque worth N13,000,000 (Thirteen Million Naira) to a customer. 


She was arraigned on Wednesday, February 14, 2024 alongside her company, Just Series Nigeria Limited on a one-count charge bordering on issuance of dishonoured cheque.


The One Count Charge Reads: “That you Oluwabiyi Peace and Just Series Nigeria Limited, on or about the 29th of June, 2021 at Ibadan within the jurisdiction of this Honourable Court, issued First City Monument Bank Plc Cheque No. 0037862154, dated 29th of June, 2021 in the sum of (N13, 000, 000.00) Thirteen Million Naira only, made payable to Nuru Bello, which when presented for payment within three months was dishonoured on the grounds that no funds or insufficient funds were standing to the credit of the account on which the Cheque was drawn, thereby committed the offence of issuance of dishonoured cheque contrary to Sections 1 (1) (a) and 1 (1) (i) of the Dishonoured Cheque (Offences) Act, Cap D 11 Laws of the Federation of Nigeria, 2004.”


She pleaded “not guilty” when the charge was read to her.


Following her not guilty plea, prosecution counsel Mabas Mabur asked the court for a trial date and prayed the court to remand the defendant in the Correctional Center.  


However, defence counsel, A.A. Maisolati  informed the court of a bail  application filed and served on the prosecution on behalf of his client. He prayed the court to admit his client to bail in most liberal terms.


After listening to the prayers of the counsels, Justice Adeyemi admitted the defendant to bail in the sum of N5million (Five Million Naira) only and two sureties in like sum. The sureties must be property owners in Oyo State.


The court further ordered that the defendant be remanded in the EFCC detention facility pending the perfection of her bail conditions.

The judge adjourned the matter  to March 27, 2024 for trial.

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