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N805m Scam: Finally, Senator Nwaoboshi Lands in Prison

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N805m Scam: Finally, Senator Nwaoboshi Lands in Prison

By Michael Mike

The Senator representing Delta North in the National Assembly, Peter Nwaoboshi, who has been on the run months after the Court of Appeal Lagos Division convicted and sentenced him to 7 years imprisonment for money laundering, is finally in prison custody. The lawmaker who was intercepted by operatives of the Economic and Financial Crimes Commission, EFCC, at a Hospital in Lagos on Monday, February 6, was finally remanded in Ikoyi Custodial Centre today, February 8, 2023, to commence his prison term.

The Court of Appeal had in a judgement it delivered on July 1, 2022, sentenced him to prison after it convicted him on a two-count charge of money laundering and also ordered the winding up of his two companies, Golden Touch Construction Project Ltd and Suiming Electrical Ltd, in line with the provision of Section 22 of the Money Laundering Prohibition Act 2021, and their properties forfeited to the Federal Government.

But the lawmaker who was not present in court at the time of the ruling, went underground and refused to present himself to the Nigerian Correctional Service. Instead, he proceeded to the Supreme Court, praying the apex court to not only set it aside the judgment of the appeal court but grant him bail, pending the determination of his appeal.

But in a unanimous decision on January 27, 2023, the apex court dismissed the application. In the lead judgement by Justice Emmanuel Agim, the apex court wondered why Nwaoboshi, who refused to submit himself to the law, would seek the indulgence of the law.

Justice Tijani Abubakar, in his contribution, upbraided the Appellant for filing the bail application while on the run.

“We must make it very, very clear to all Nigerians that nobody is above the law. The government and the governed are subject to the rule of law. And, we must ensure that there is respect for the rule of law”.

The Court of Appeal judgement that convicted Nwaoboshi followed an appeal by the EFCC against the judgment of Justice Chukwujekwu Aneke of a Federal High Court in Lagos, which had on June 18, 2021, discharged and acquitted the lawmaker and his companies.

Nwaoboshi and his companies illegally acquired a property named Guinea House, Marine Road, in Apapa, Lagos, for N805 million. Part of the money paid for the property was transferred by Suiming Electrical Ltd on behalf of Nwaoboshi and Golden Touch Construction Project Ltd. The funds are believed to be proceeds of illicit activities of the convict.

One of the counts reads: ” That you, Peter Nwaoboshi and Golden Touch Construction Projects Limited, between May and June, 2014, within the jurisdiction of this honourable court, did acquire a property described as Guinea House, Marina Road, Apapa, Lagos, for the sum of N805million, when you reasonably ought to have known that the sum of N322 million out of the purchase price transferred to the vendors by order of Suinming Electricals Limited formed part of the proceeds of an unlawful activity of fraud and you thereby committed an offence contrary to Section 15(2) (d) of the Money Laundering Prohibition Act of 2011(as amended) and punishable under Section (15)(3) of the same Act.

N805m Scam: Finally, Senator Nwaoboshi Lands in Prison

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Nigeria Secures $62.8m Kuwait Loan to Boost Climate-Resilient Schools, Inclusive Education

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Nigeria Secures $62.8m Kuwait Loan to Boost Climate-Resilient Schools, Inclusive Education

By: Michael Mike

Nigeria’s partnership with the Kuwait Fund for Arab Economic Development has yielded a $62.8 million concessional loan aimed at transforming the country’s education sector through climate-resilient infrastructure, improved teacher training and expanded access for vulnerable children.

The Federal Government disclosed this in Abuja during celebrations marking Kuwait’s 65th National Day and 35th Liberation Day.

Permanent Secretary of the Ministry of Foreign Affairs, Ambassador Dunoma Ahmed, represented by Ambassador Bukar Buni Hamman, Director of the Regions Department, said the financing agreement signed in 2025 reflects the growing depth of Nigeria–Kuwait relations and their shared commitment to human capital development.

He explained that the loan is being deployed to upgrade school facilities to withstand climate-related challenges, strengthen teacher capacity and ensure that girls and children with disabilities have improved access to quality learning.

According to him, the collaboration demonstrates how bilateral diplomacy is translating into measurable social impact.

“Kuwait has remained a trusted development partner. Our cooperation has moved beyond formal ties to practical interventions that directly address Nigeria’s social and economic priorities,” he said.

Ahmed added that both countries are broadening engagement in key sectors including agriculture, food security, renewable energy, infrastructure development and digital connectivity. He noted that subnational governments in Nigeria are also positioning themselves to attract Kuwaiti investment.

Kuwait’s Ambassador to Nigeria, Mr. Salim Almuzayen, described the occasion as a celebration not only of Kuwait’s national milestones but also of enduring partnerships built on mutual respect and sustainable development goals.

He cited the “Reaching Out-of-School Children” initiative in Kaduna State — funded by the Kuwait Fund in collaboration with UNICEF — as a leading example of cooperation between both nations. The project is designed to reintegrate more than 200,000 out-of-school children into formal education.

Almuzayen said Kuwait’s global development engagement is guided by a moderate foreign policy and a long-term vision focused on shared prosperity. Since its establishment in 1961, the Kuwait Fund has financed development projects in over 100 countries across critical sectors such as education, health and infrastructure.

The $62.8 million facility marks a significant boost for Nigeria’s education reform drive, particularly at a time when climate adaptation and inclusive access remain central to national policy objectives.

With both governments signaling deeper collaboration, stakeholders say the agreement underscores a maturing bilateral relationship anchored on practical development outcomes rather than symbolic diplomacy.

Nigeria Secures $62.8m Kuwait Loan to Boost Climate-Resilient Schools, Inclusive Education

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Farmer killed, another injured in herder attack in Yobe

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Farmer killed, another injured in herder attack in Yobe

By: Zagazola Makama

A Fulani farmer has been killed while another sustained injuries following an attack by unknown herders in Bade Local Government Area of Yobe State.

Sources told Zagazola that the incident occurred on Feb. 11, 2026, at about 5:00 p.m. in Azbak Village. The victims, Abdulrahaman Audu, 30, and Ya’u Umaru, were reportedly tending to their tomato farms when two unidentified herders with grazing sheep trespassed onto their farmland.

According to sources, when the farmers cautioned the herders, the assailants allegedly attacked them with cutlasses, inflicting severe injuries.

The victims were rushed to Specialist Hospital Gashua for treatment. Abdulrahaman Audu, however, died on admission, while Ya’u Umaru remains under medical care and is reportedly responding to treatment.

The body of the deceased was released to his family for burial according to Islamic rites.

Police in Yobe confirmed that investigation is ongoing to identify and apprehend the fleeing culprits.

This incident draw attention to the ongoing tensions between farmers and herders in Yobe State, with clashes over farmland and livestock management increasingly resulting in fatalities and injuries.

Farmer killed, another injured in herder attack in Yobe

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Troops, police repel bandits attack in Benue

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Troops, police repel bandits attack in Benue

By: Zagazola Makama

The Nigerian Army and the police have successfully repelled armed bandits who attacked Ankpali Village in Apa Local Government Area of Benue State early Wednesday.

According to sources, at about 2:45 a.m., the security forces received distress call indicating that the village was under attack.

Reinforcements from the Nigerian Army and 80 PMF arrived to support the operation. In the ensuing crossfire, the bandits were forced to retreat, and one assailant was shot dead. His body was removed and deposited at the local mortuary.

Security sources said efforts are ongoing to track the fleeing suspects and apprehend those involved in the attack.

Residents commended the swift response of the security forces, noting that their intervention prevented further loss of lives and property.

Troops, police repel bandits attack in Benue

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