EFCC ARRAIGNS ONE FOR N700M FRAUD IN LAGOS . (PHOTO).#PRESS RELEASE

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 EFCC Arraigns One for  N700m Fraud in Lagos  The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Friday, September 4, 2026, arraigned Osaretin Osagiede before Justice Olukayode Ogunjobi of the Lagos State High Court sitting in Ikeja,  over an alleged N700 million fraud. Osagiede is standing trial on a three-count charge bordering on unauthorised access to computer material and receiving stolen property to the tune of N700 million.  Count one reads: “That you Osaretin Osagiede and Zacharia Lorshe (at large), between March, 2025 and January 2026, in Lagos, within the jurisdiction of this Honourable Court, intentionally caused the Ravenpay user accounts' two-factor authentication (2FA) method to be bypassed, with the intent to secure unauthorised access to the bank's data and committed an offence contrary to Section 387 of the Criminal Law of Lagos State 2011. Another counts reads: “That you Osaretin Osagiede and Zacharia Lorshe...
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LAWMA DEBUNKS CLAIMS OF UNPAID COMPENSATION TO LATE HIGHWAY SANITATION WORKER. (PHOTO). #PRESS RELEASE.

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 LAWMA DEBUNKS CLAIMS OF UNPAID COMPENSATION TO LATE HIGHWAY SANITATION WORKER


The attention of the Lagos Waste Management Authority (LAWMA) has been drawn to a recent publication by the Foundation for Investigative Journalism (FIJ), alleging that the Lagos State Government has failed to fulfil its promise to compensate the family of late Mrs. Aishat Muhammed, a highway sanitation worker, who tragically lost her life in the line of duty on May 7, 2025.


LAWMA wishes to categorically state that the claim is inaccurate and does not reflect the true position of events.


Following the unfortunate incident, the Authority, through its operational partner, Highway Managers, the company that directly engaged the deceased, immediately commenced discussions with the family. After due engagement, a mutually agreed compensation arrangement was reached.


In line with this agreement, a total sum of ₦4,340,000 was paid to the deceased’s son as full and final compensation. The payment covered the insurance settlement from the responsible party, burial support, and additional financial assistance, including salary support extended to the family after the incident.


The agreed compensation was duly received, and the matter was considered concluded based on the understanding reached with the family.


LAWMA remains deeply saddened by the tragic loss and extends its continued sympathies to the family. The Authority remains fully committed to prioritising the welfare, safety, and protection of all sanitation workers across Lagos State. In addition, relevant compliance and safety measures have been further strengthened to safeguard its workforce.


We respectfully urge media organisations to seek proper clarification before publication in order to ensure accurate, balanced, and responsible reporting.

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