ATIKU APOLOGIZES TO NIGERIAN TEACHERS, CITING 'FAILED LEADERSHIP' AMID ECONOMIC HARDSHIP. (PHOTO).

Image
 Atiku Apologizes to Nigerian Teachers, Citing 'Failed Leadership' Amid Economic Hardship Abuja, Nigeria - Former Vice President and Presidential Candidate of the African Democratic Congress, Atiku Abubakar, has issued a heartfelt apology to Nigerian teachers, attributing their current economic plight to what he described as the 'failed leadership' of the nation. In a statement released on Monday by his spokesperson, Abubakar expressed deep concern over the escalating cost of living, which he stated is severely hindering teachers' ability to provide for their families and effectively carry out their crucial educational duties. Abubakar, a staunch advocate for education, took a moment to laud the immense sacrifices made by Nigerian educators. Reflecting on his own formative years, he shared a personal connection to the teaching profession. "Of course, I appreciate Nigerian teachers. I am a product of their work and the education I received in their classrooms,...

COURT JAILS MAN NINE YEARS FOR MONEY LAUNDERING IN LAGOS. (PHOTO). #PRESS RELEASE.


 Court Jails Man Nine Years for Money Laundering in Lagos


Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos, on Monday, May 11, 2026, convicted and sentenced Taofeek Daniel Oriola to nine years imprisonment for money laundering.


Oriola was arraigned by the Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 1, Ikoyi, on a three-count charge bordering on money laundering and concealment of proceeds of unlawful activities.


Count one reads: “ That you, TAOFEEK DANIEL ORIOLA (Male), adult, sometime in April 2026 in Lagos State, within the jurisdiction of this Honourable Court, engaged in the disguise of the true source of a 2014 Range Rover (Supercharged) with VIN No. SALGS3TF7EA180971, which you knew formed part of the proceeds of your unlawful activity derived from fraudulent cryptocurrency transactions, and you thereby committed an offence contrary to Section 18(2) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act.”


Count two reads: “That you, TAOFEEK DANIEL ORIOLA (Male), adult, sometime in April 2026 in Lagos State, within the jurisdiction of this Honourable Court, engaged in the disguise of the true source of a five-bedroom apartment with boys’ quarters situated at Ibeju-Agbe, in the Ibeju-Lekki area of Lagos State, which you knew formed part of the proceeds of your unlawful activity derived from fraudulent cryptocurrency transactions, and you thereby committed an offence contrary to Section 18(2) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act.”


The defendant pleaded “guilty” to the charges when they are read to him.


Following his plea,  prosecution counsel, H.U. Kofarnaiza, reviewed the facts of the case and tendered several exhibits, which were admitted in evidence by the court.


Delivering judgment, Justice Osiagor found the defendant guilty and sentenced him to three years’ imprisonment on each count, to run concurrently, with an option of a N200,000 fine on each count.


The judge also ordered him to undertake seven days of community service.


The court further ordered the forfeiture of items recovered from him to the Federal Government of Nigeria, including a 2014 Range Rover (Supercharged) with VIN Number SALGS3TF7EA180971; a five-bedroom apartment with boys’ quarters located at Ibeju-Agbe in the Ibeju-Lekki area of Lagos State; a parcel of land measuring 653.479 square metres situated at Ibeju-Agbe in the Ibeju-Lekki area of Lagos State and one iPhone 16.

Comments

Popular posts from this blog

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.