ALLEGED $1.5M FRAUD: WITNESS TELLS COURT FUNDS CAME INTO DEFENDANT’S ACCOUNT IN MULTIPLE TRANCHES. (PHOTO). #PRESS RELEASE

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 Alleged $1.5m Fraud:   Witness Tells Court Funds Came into Defendant’s Account in Multiple Tranches The Economic and Financial Crimes Commission (EFCC) on Monday, June 29, 2026, presented its third prosecution witness (PW3), Levi Amanda Opice, a Compliance Officer with Guaranty Trust Bank (GTBank), in the ongoing trial of Ifoma Immanuel before Justice Mojisola Dada of the Lagos State Special Offences Court, Ikeja, over an alleged $1.5 million fraud. Immanuel is standing trial alongside his company, Intermediate Investment Holdings Limited, on a two-count charge bordering on obtaining money by false pretence and forgery involving the sum of $1.5 million. According to the EFCC, investigations revealed that the defendant allegedly induced Adebisi Adebutu of R28 Holdings Limited to invest $1.5 million by claiming that the funds would be used to finance projects linked to Chappal Petroleum Development Company Limited, Intermediate Investment Holdings Limited, and Chappal Ener...
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NO CHANGE IN NAME OF TAI SOLARIN UNIVERSITY OF EDUCATION, OGUN GOVERNMENT CONFIRMS. (PHOTO). #PRESS RELEASE.

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 No Change in Name of Tai Solarin University of Education, Ogun Government Confirms


The Ogun State Government, on Thursday, clarified that the name of Tai Solarin University of Education in Ijagun has not been changed to Oba Sikiru Kayode Adetona University of Education, countering recent rumors of such a rebranding.


In response to reports suggesting that the institution was renamed to honour the late monarch and Paramount Ruler of Ijebuland, the government emphasized that an existing institution, the Sikiru Adetona College of Education, Science and Technology in Omu, already pays tribute to the late Awujale.


Reflecting on the university's history, the government stated that the Ogun State College of Education was originally established in 1977, and underwent its first name change to Tai Solarin College of Education, Science and Technology in 1994. In 2005, it was further renamed Tai Solarin University of Education, which led to controversies regarding its authority to award both NCE and degree programmes by the National Universities Commission (NUC).


The government explained that, in light of the NUC's position, the previous administration relocated the Tai Solarin College of Education to Omu, while the Tai Solarin University of Education in Ijagun retained its name.


However, in 2022, under Governor Dapo Abiodun's administration, the institution was officially designated as the Sikiru Kayode Adetona College of Education, Science and Technology to honor the Awujale.


The statement noted that the governor's remarks during the 8th day Fidau prayer for the late Awujale highlighted past efforts to commemorate the esteemed monarch, and did not made mention of renaming Tai Solarin University of Education, which has since come under federal government jurisdiction.


E signed 


Kayode Akinmade 

Special Adviser 

Media and Strategy to

Governor Dapo Abiodun

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