PRESIDENT TINUBU CONGRATULATES PRESIDENT LUIZ INÁCIO LULA DA SILVA ON RE-ELECTION, REAFFIRMS NIGERIA–BRAZIL PARTNERSHIP. (PHOTO). #PRESS RELEASE.

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 STATEHOUSE PRESS RELEASE PRESIDENT TINUBU CONGRATULATES PRESIDENT LUIZ INÁCIO LULA DA SILVA ON RE-ELECTION, REAFFIRMS NIGERIA–BRAZIL PARTNERSHIP I congratulate my friend, President Luiz Inácio Lula da Silva of Brazil, on his re-election for a record fourth term. Your renewed mandate offers an opportunity to strengthen the longstanding friendship and historical ties between Nigeria and Brazil. As two leading nations of the Global South, we can promote economic integration and advance our shared interests in a rapidly changing global order. I look forward to expanding cooperation in trade and investment, agriculture and food security, energy, oil and gas, manufacturing, science and technology, education, aviation, and cultural exchange. I affirm Nigeria's continued commitment to working with Brazil to strengthen multilateral cooperation and advance shared priorities in Africa, South America, and across the Global South. On behalf of the people of Nigeria, I wish you a successful new...
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NASARAWA COURT GRANTS FINAL FORFEITURE OF MULTIPLE PROPERTIES, CASH TO FG. (PHOTO). #PRESS RELEASE

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 Nasarawa Court Grants Final Forfeiture of Multiple Properties, Cash to FG


The Economic and Financial Crimes Commission, EFCC, on Wednesday, April 1, 2026 secured the final forfeiture of multiple properties and cash before Justice M.O. Olajuwon of the Federal High Court, sitting in Lafia, Nasarawa State to the federal government. The assets are proceeds of unlawful activities belonging to one Theophilus Oloche Ebonyi.


The properties forfeited include a 23-room hotel and event centre known as De Thinkers Home and Apartments, located at New Layout, Abattoir Road First Gate, Nyanya Gwandara, Nasarawa State; a warehouse and sachet water factory and dispenser, located at No. 20 Philip Doda Street, Koroduma, Karu Local Government Area of Nasarawa State; two office buildings, located at Philip Doda Street, before Chapel of Redemption Church, One-man Village, Koroduma, Karu, Nasarawa State; Theo International Academy Primary School, situated at Second Gate, Balogun Street, beside Football Field, Nyanya Gwandara, and the sum of N1,005,489.27 (One Million, Five Thousand, Four Hundred and Eighty-nine Naira, Twenty-seven Kobo) found in his First Bank account with account number 2033640394.


In his judgment, Justice Olajuwon held that the EFCC presented sufficient materials before the court to prove that the assets were proceeds of unlawful activity, adding that the Commission satisfied the requirements of Section 17(1) of the Advanced Fee Fraud and Other Fraud Related Offences Act.


The judge further stated that with the Commission establishing cause for a reasonable suspicion of the assets to be proceeds of unlawful activity, the burden shifted to the respondents to show cause as to why the assets should not be permanently forfeited to the federal government and held that the respondents in this matter failed to discharge that burden.


The EFCC had through an affidavit deposed to by its investigator, Mary Ebute and submissions of its counsel, Ibrahim Buba (now Justice of the Federal High Court of Nigeria), proved in court that a Keystone Bank account number, 1011795156, belonging to the second respondent, Theobarth Global Foundation was the major account through which the first respondent collected his victims’ money in the Ponzi scheme and laundered through the acquisition of the forfeited properties.

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