PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY. (PHOTO).

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 PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY   President Bola Tinubu has congratulated the Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, on his birthday.    A statement by Bayo Onanuga, Special Adviser to the President, Information and Strategy, indicates that the President describes Ambassador Enikanolaiye as a distinguished diplomat, accomplished administrator and dedicated public servant whose career reflects professionalism, patriotism and a deep commitment to Nigeria.   Ambassador Enikanolaiye served in the Ministry of Foreign Affairs from August 1982 to August 2017, rising through the ranks to become Permanent Secretary. He later served as Senior Special Assistant to the President on Foreign Affairs and International Relations before he was appointed Minister of State for Foreign Affairs.   President Tinubu commends the celebrant’s significant contributions to Nige...
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NIGERIAN MONARCH JAILED IN US OVER $4.2M COVID-19 FRAUD. (PHOTO).

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 Nigerian monarch jailed in US over $4.2M Covid-19 fraud


A Nigerian monarch has been jailed for four years in the US for leading a scheme to exploit COVID-19 emergency loan programmes that were created for struggling businesses.


Joseph Oloyede, 62, had pleaded guilty in April to three charges including conspiracy to commit wire fraud and engaging in monetary transactions in criminally derived property.


He was handed 56 months in prison by a US District Judge, the US Attorney’s Office for the Northern District of Ohio said in a statement, TRT Afrika reported.


Oloyede holds Nigerian and US citizenship and resides in Medina, Ohio. He holds the position of a traditional ruler in the city of Ipetumodu in Nigeria’s Osun state.


Forfeit home


“He also forfeited his Medina home on Foote Road, which he had acquired with proceeds of the scheme,” the statement said.


He was also ordered to pay $4.4 million in restitution.


The crimes were committed from about April 2020 to February 2022.


Oloyede and his co-conspirator were accused of submitting fraudulent applications for loans that were made available through a programme meant to aid small businesses that suffered financial hardship during the pandemic.


They used false information to obtain millions of dollars from the program.


Oloyede used funds obtained from the loans to acquire land and build a home and purchase a luxury vehicle.

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