EFCC ARRAIGNS MAN FOR ALLEGED ₦55M FRAUD IN LAGOS. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns Man  for  Alleged ₦55m Fraud in Lagos The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, December 3, 2025 arraigned one Gabriel Celestine Nwawuzor, before Justice Daniel Osiagor of the Federal High Court in Ikoyi, Lagos for ₦55m fraud. Nwawuzor was arraigned alongside Moonlink Pharmaceuticals Limited, on a 3-count charge bordering on fraud and money laundering to the tune of N55,000,000 (Fifty Five Million Naira) One of the counts reads: "That you Gabriel Celestine Nwawuzor and Moonlink Pharmaceuticals Limited sometime in April, 2021, in Lagos, within the jurisdiction of this Honorable Court procured the account number 2170235882 domiciled in Zenith Bank to retain the sum of N55, 000, 000.00 ( Fifty Five Million Naira) which sum you knew forms part of the proceeds of your unlawful act and you thereby committed an offence contrary to Sections 21(a), 18(2)(d) of the of Money Laundering (Prevention and Prohibitio...

OBI WRONG ON TRADE FAIR COMPLEX . (PHOTO). #PRESS RELEASE.


 OBI WRONG ON TRADE FAIR COMPLEX 


Ex-Labour Party presidential candidate Peter Obi has visited the Trade Fair Complex where Lagos State Government enforced its Physical Planning Laws. 

He praised the traders for what he called their “restraint”, adding that the buildings that were knocked down had approvals. 


He launched into emotional theatrics, describing the incident as “a test of impunity, justice and compassion” - all in an effort to mislead the public by misinformation and disinformation. This is unfair. 


Here are the facts of the matter: The owners of the building have no approval. They got ample time to regularise their papers when the state government declared last year a general amnesty, which was extended several times.


The owners shunned the offer. When Physical Planning officials visited the complex, the gates were locked against them; they were beaten up. The police rescued them. When the government called the owners for talks, they said they would not come; they did not come. 

Their defence is that the Management Board of the Trade Fair permitted them to build their structures. This is wrong.


The board, which is a creation of the Federal Government to manage the complex, does not have powers to approve or regulate building developments within the complex independent of Lagos State Government. Physical Planning and building approvals are within the remit of State Governments. Under the Nigerian Urban and Regional Planning Act (1992, as domesticated by Lagos State’s Physical Planning and Development Regulations), all physical development in any part of Lagos must obtain planning permit/approval from the Lagos  State Government through its Ministry of Physical Planning and Urban Development. 


This position was further clarified and reinforced by The Supreme Court judgment of 2003 (Attorney-General of Lagos State v. Attorney-General of the Federation) that land use and physical planning fall under concurrent jurisdiction, and states retain the authority to regulate development control within their territories, including federal lands, except for core areas like military formations or exclusive federal enclaves.


The Trade Fair Complex Board may manage leases, tenancies, and commercial activities, but any construction, alteration, or development still requires Lagos State planning permit. Otherwise, such developments would be deemed illegal under state law, and the Lagos State Government has the power to seal or demolish them.


In other words, the Management Board can allocate spaces and give administrative consent, but building approvals must pass through Lagos State Government. 

We must decide the kind of society we want - one governed by law or one run by emotions, fueled by political interests.


Gbenga Omotoso

HC, Information and Strategy

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