MAN BAGS EIGHT YEARS IMPRISONMENT FOR N132M MONEY LAUNDERING IN LAGOS . (PHOTO). #PRESS RELEASE

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 Man Bags  Eight Years Imprisonment for N132m Money Laundering in Lagos  The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) has secured the conviction of Onatayo Pelumi for money laundering involving funds totalling about ₦132 million. Pelumi was convicted by Justice Osiagor of the Federal High Court, Lagos, on five counts bordering on the retention of proceeds of unlawful activities in bank accounts domiciled with Guaranty Trust Bank (GTBank) and Zenith Bank. The charges alleged that the convict retained various sums of money in the accounts between January 2023 and June 2026, knowing that the funds formed part of the proceeds of unlawful activities. The court sentenced him to three years’ imprisonment, with an option of a ₦300,000 fine, on count One. On counts two, three, four and five, he was sentenced to five years’ imprisonment on each count, with an option of a ₦300,000 fine on each count. The terms of imprisonment are to run concur...
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REPS CALL ON FG TO PROVIDE AID FOR NIGER STATE EXPLOSION VICTIMS. (PHOTO).

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Reps Call on FG to Provide Aid for Niger State Explosion Victims


The House of Representatives has urged the National Emergency Management Agency (NEMA) and the Ministry of Humanitarian and Social Development to swiftly provide relief materials to victims of a fuel tanker explosion in Niger State.


The tragic incident, reportedly caused by overspeeding and a dangerous road curve, claimed multiple lives.


The resolution followed a motion of urgent public importance moved by Hon. Adamu Tanko, who expressed concern over the devastation caused by the explosion.


Beyond providing relief, the House also called for the formation of an ad hoc committee to investigate the causes of such accidents and propose preventive measures.


Additionally, lawmakers urged the Nigeria Police and the Federal Road Safety Corps (FRSC) to intensify awareness campaigns for tanker drivers to prevent similar incidents.


The House also deliberated on the rising cases of gas explosions across the country, following a motion by Hon. Aderemi Oseni, who blamed substandard and expired gas cylinders as a major cause.


In response, lawmakers directed the Standards Organisation of Nigeria (SON) and the Nigerian Customs Service to ensure that only certified gas cylinders, trucks, and kits are imported.


They further urged the National Orientation Agency (NOA) to launch a public awareness campaign to educate Nigerians on identifying substandard gas cylinders and kits.

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