NUT PROTEST : WIKE WARNS AGAINST POLITICISING INSECURITY. (PHOTO).

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 NUT Protest : Wike Warns Against Politicising Insecurity The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has warned against politicising insecurity amid protests by the Nigeria Union of Teachers, FCT wing, over the killing and abduction of school staff and children in Oyo State. Teachers stormed the FCTA Secretariat in Abuja to condemn the killing of Michael Oyedokun and to demand the release of abducted pupils and teachers from Community High School, Ahoro-Esinle in Oriire Local Government Area. The FCT minister addressed the protesters on Tuesday, saying the federal government is on its toes working to secure the rescue of the schoolchildren and their teachers. Wike urged protesters to avoid turning the tragedy into a political issue and to give security efforts time to produce results. Chairman of the union in the FCT, Mr Abdullahi Shafa, explained that the nationwide solidarity protest was to condemn the killing of the teacher and abduction of the school chil...

COURT SENTENCES BANKER TO JAIL FOR FRAUD IN LAGOS. (PHOTO). #PRESS RELEASE.


 Court Sentences Banker to Jail for Fraud in Lagos

 

The Lagos Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, has secured the conviction and sentencing of one Ugenyi Kalu, before Justice R.A. Oshodi of a Special Offences Court, sitting in Ikeja, Lagos for fraud.

 

The convict, a banker, was arraigned on a five-count charge, bordering on official corruption and gratification.

 

One of the counts reads: “That you, Ugenyi Kalu sometime in November 2016 in Lagos within the Lagos Judicial Division being the head of Lagos Region of NEXIM Bank, received monetary benefit for yourself in the sum of N4,000,000 (Four Million Naira) from one Obi Ogoh on account of the loan availed to his company Sevirg AgroAllied Mills Ltd by NEXIM Bank. Thereby committed an offence bordering on official corruption contrary to Section 8(1)(a) of the Corrupt Practices and Other Related Offences Act, 2000 and punishable under Section 8(1)(b)ii of the same Law."


He pleaded "not guilty" to all the charges, prompting his trial. In the course of the trial, prosecution counsel, G.C. Ofulue called six witnesses who testified to his crime, two of whom were his co-workers in Nexim Bank. 

 

Delivering judgement on February 12, 2025, Justice Oshodi held that the prosecution proved its case beyond every reasonable doubt, and found him guilty as charged. He was convicted on four of the charges and sentenced to four years and two months imprisonment with or to pay N20,850,000 (Twenty Million, Eight Hundred Fifty Thousand Naira) fine.

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