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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NORTHERN GOVERNORS SYMPATHISE WITH VICTIMS OF SINGA MARKET FIRE; CALL FOR PROACTIVE, TECH-DRIVEN SAFETY MEASURES. (PHOTO)

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 Northern Governors Sympathise with Victims of Singa Market Fire; Call for Proactive, Tech-Driven Safety Measures


The Northern States Governors’ Forum (NSGF) has expressed deep sympathy with traders, shop owners and all victims affected by the devastating Singa Market fire incident in Kano State, describing the tragedy as painful and distressing.


In a statement issued on behalf of the Forum, the Chairman of the NSGF and Governor of Gombe State, Muhammadu Inuwa Yahaya, CON, said the inferno was particularly heartbreaking, coming barely weeks after a similar outbreak in the same market, thereby compounding the losses and emotional trauma suffered by already vulnerable traders.


Governor Inuwa Yahaya lamented the recurring spate of market fires across the North, noting that such incidents have continued to erode livelihoods, disrupt economic activities and push many families into hardship.


He stressed that the persistent nature of these disasters demands urgent, comprehensive and technology-driven preventive measures by both state and federal authorities.


The Gombe State Governor suggested the deployment of modern fire detection and suppression systems, improved market planning and infrastructure, stricter enforcement of safety regulations and sustained public enlightenment, particularly among traders and market operators. 


The NSGF Chairman also commended the swift and courageous response of the Kano State Fire Service, security agencies, the National Emergency Management Agency (NEMA) and other emergency responders and good Samaritans whose timely intervention helped contain the blaze and prevent further destruction.


The Governor extended the Forum’s heartfelt condolences to the Government and people of Kano State, as well as to all individuals and business owners who suffered losses in the inferno. 


He prayed Almighty Allah to grant strength and restoration for the victims, urging them not to lose hope in the face of the devastating setback.

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