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High Court Grants Final Forfeiture Of $13m Linked To Achimugu’s Firm To Government
High Court Grants Final Forfeiture Of $13m Linked To Achimugu’s Firm To Government
High court. Justice Emeka Nwite of the Federal High Court in Abuja, on Wednesday, March 25, 2026 granted an order of final forfeiture of the sum of $13 million linked to a business woman, Ms Aisha Achimugu and her Oceangate Engineering Oil & Gas Ltd, to the federal government.
The Economic and Financial Crimes Commission, EFCC, dragged Oceangate Engineering Oil & Gas Ltd before the court regarding the ownership of $13m suspected to be proceeds of fraud and unlawful activities.
Delivering judgment in a suit instituted by Oceangate Engineering Oil & Gas Ltd to claim the funds, Justice Nwite held that the company failed woefully to establish how it came about the money. He, however, stressed that the EFCC succeeded in convincing the court that the funds are proceeds of fraud and should be forfeited to the government.
The judge dismissed the claims that the
$13 million was gifts received into the Oceangate Engineering Company by Aisha Achimugu adding that the said Aisha never showed up in court to show cause why the funds should not be forfeited to the federal government.
Additionally, Justice Nwite said that no single person who gave the monetary gifts to Achimugu to the tune of $13 million was called to testify.
The judge held that the burden to establish genuine ownership of the money was not established by the applicant to counter the claims of the EFCC that the money was a proceeds of fraud based on its investigation.
According to the judge, Oceangate Engineering Company did not show the business it undertook that fetched it the money and did not also show whether any payment was made to it by of its customer.
Justice Nwite had on 22 August 2025, granted the EFCC an interim order forfeiting the $13 million linked to Oceangate to the government. He also directed the Commission to publish the order in a national daily for interested person(s) to show cause within 14 days why the funds should not be permanently forfeited to the government.
Justifying the forfeiture moves, EFCC investigator, Usman Aliyu, swore to an affidavit stating that the Commission acted on intelligence that showed that Oceangate Engineering Limited, without following due process, used funds reasonably suspected to be proceeds of unlawful activity to acquire oil blocks from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
Aliyu insisted that the $13 million used by Oceangate to pay for the Signature Bonuses in respect of PPL302 and PPL3007 were not proceeds of any lawful and legitimate business but rather represent funds reasonably suspected to be proceeds of unlawful activity.
According to him, part of the funds used by Oceangate Engineering Oil and Gas Limited to pay for the Signature bonuses in respect of PPL 302 & PPL 3007 was derived from the huge sum of money transferred by a state government to the contractors for the execution of contracts for the benefit of the state.
The investigator alleged that there were never any contractual or business relationships between Oceangate and the contractors who transferred the aforementioned public funds to the account of the company (Oceangate Engineering).
He said the contractors, who transferred the aforementioned public funds to Oceangate, were neither investors, directors, nor shareholders in Oceangate.
But Oceangate, in its affidavit prayed the court not to make the order of final forfeiture of the funds because all the funds were derived partly from legitimate earnings of the company and partly gifts given to the Group Chief Executive Officer (GCEO) of the Company, Aisha Achimugu.
But EFCC, in its reply to the affidavit by Oceangate, prayed the court to dismiss the application.
Aliyu, who also swore the affidavit on behalf of the commission, said the Commission found that Iliya Wakil, who swore to Oceangate’s affidavit , was a mere nominal director with no shareholding status of the company.
Besides, the investigator said Wakil was an employee of Felak Concept Group Limited, also owned by Achimugu, and incorporated on May 5, 2000.
He said Wakil admitted, in his extrajudicial statement to his team on 15 April 2025 that he had worked with Felak Concept from 2000 to date.
He said Wakil also admitted that he held so many positions, “among which are Manager Admin, General Manager Admin and Finance and presently Group General Manager Admin and Finance.’
He said Wakil also stated that he had consistently drawn his monthly salary from his known employer Felak Concept and WishWhich Koncept Limited.

Federal High Court
He argued that there was no record of Wakil drawing a salary from Oceangate.
Besides, the officer said Wakil admitted in his extra-judicial statement that he got all his instructions from Ms Achimugu, the GCEO, and he, in turn, gave the same instructions to Mr Chiroma via telephone conversation.
Aliyu described Oceangate as “a briefcase/shell company created as a vehicle for the purpose of holding petroleum related assets procured with funds reasonably suspected to be proceeds of unlawful activity.”
“Hence, describing the company as ‘a professional oil and gas consortium, operating in diverse sectors of the oil and gas sectors of the Nigerian economy,’ is nothing but describing the devil as an angel of light,” Mr Aliyu wrote.
He alleged that the modus operandi of Oceangate is to acquire “petroleum-related assets with tainted funds.”
News
CAS Strengthen NAF’s Commitment To Enhancing Security In Taraba, Pledges Continued Protection Of Lives, Property
CAS Strengthen NAF’s Commitment To Enhancing Security In Taraba, Pledges Continued Protection Of Lives, Property
The Chief of the Air Staff (CAS), Air Marshal Sunday Kelvin Aneke, has reaffirmed the Nigerian Air Force’s (NAF) steadfast commitment to strengthening security and supporting sustainable development in Taraba State during a courtesy visit by the Executive Governor of the State, Dr Agbu Kefas, to Headquarters Nigerian Air Force, Abuja on 26 March 2026.
The CAS described the visit as a significant step towards reinforcing collaboration between civil authorities and the Armed Forces in addressing evolving security challenges. He commended Governor Kefas for his proactive leadership in promoting peace, unity, and socio-economic progress in Taraba State, noting that the State’s strategic geographical position underscores the need for sustained and coordinated security efforts.
Air Marshal Aneke assured the Governor of the Nigerian Air Force’s continued operational support through precision air operations, Intelligence, Surveillance and Reconnaissance (ISR) missions, and logistical assistance to ground forces aimed at safeguarding lives and property.
He reiterated the Service’s constitutional mandate to defend Nigeria’s territorial integrity and provide aid to civil authorities, stressing that ongoing joint operations within and around Taraba State reflect the NAF’s determination to consolidate stability and strengthen national resilience.
The CAS further highlighted the importance of deepening cooperation in intelligence sharing, coordinated operational planning, and community engagement to achieve enduring peace while upholding the highest standards of professionalism and respect for human rights.
In his response, Governor Kefas expressed appreciation for the Nigerian Air Force’s sustained contributions to security in Taraba State, observing that the effective deployment of airpower and enhanced aerial surveillance have significantly improved situational awareness and operational outcomes across the State.

Taraba
He noted that these efforts have contributed to reinforcing public confidence and sustaining Taraba’s growing reputation as one of the safest states in Northern Nigeria.
The Governor assured the CAS of his administration’s continued support for security agencies and commitment to strengthening civil–military cooperation as a catalyst for investment, development, and social stability.
Both leaders reaffirmed their shared resolve to deepen strategic collaboration in pursuit of lasting peace, improved security, and inclusive growth in Taraba State and Nigeria at large.
News
FG Shuts Federal Secretariat In Abuja, Orders Work From Home Over APC Convention
FG Shuts Federal Secretariat In Abuja, Orders Work From Home Over APC Convention
APC convention. The circular explained that the shutdown “is due to the use of Eagle Square for the national convention of the All Progressives Congress (APC) party on the said dates.”
The Federal Secretariat, Abuja, which houses numerous ministries and agencies, has been shut down, and workers are to work from home on Friday as the All Progressives Congress (APC) holds its national convention at Eagle Square.
Abdul Garba, the permanent secretary of the Service Welfare Office for the Head of the Civil Service of the Federation, issued a circular announcing the shutdown for Thursday.
“All ministries, extra-ministerial departments, agencies, and offices located within the Federal Secretariat, Phases I, II, and III, are hereby informed of the closure of all access roads leading to and around the said federal secretariat complex, from Friday, 27th to Saturday, 28th March, 2026,” the circular read.
The circular explained that the shutdown “is due to the use of Eagle Square for the national convention of the All Progressives Congress (APC) party on the said dates.”
Against this background, all staff with offices in the federal secretariat are to work from home, while permanent secretaries and heads of ministries are urged to ensure that their workers comply with the circular.

APC Convention
“Accordingly, all personnel whose offices are located within Phases I, II and III of the Federal Secretariat Complex, as well as the Ministry of Foreign Affairs, are to work from home on Friday, 27th March, 2026,” the circular stated.
It added, “All concerned permanent secretaries and heads of agencies are kindly requested to bring the content of this circular to the attention of their staff, and ensure strict compliance.”
Preparations have been in top gear at Eagles Square ahead of the event.
News
NAF Officers Advance National Health Security At Eyeball Summit
NAF Officers Advance National Health Security At Eyeball Summit
Nigerian Air Force (NAF) officers participated in the Second Edition of the Eyeball Summit convened by the Optometrists and Dispensing Opticians Registration Board of Nigeria, a strategic forum designed to bring together leaders, innovators, investors, regulators, and practitioners within the eye health ecosystem.
The summit provided a valuable platform for meaningful dialogue and collective action aimed at strengthening eye care delivery across the country, while highlighting the broader link between health outcomes, operational readiness, and national development. The presence of NAF personnel underscored the Service’s growing commitment to supporting multidisciplinary initiatives that enhance human security.
Deliberations at the summit, themed “Reimagining Eye Care in Nigeria: Driving Innovation, Expanding Access, and Securing the Future of Vision,” reflected the increasing global recognition of eye health as a critical component of public health, economic productivity, and social wellbeing. Nigerian Air Force officers contributed professional insights on the importance of visual health in sustaining mission effectiveness and safeguarding personnel welfare, particularly in demanding operational environments.
Their engagement further highlighted the Service’s resolve to support national efforts aimed at addressing preventable vision impairment and expanding access to quality eye care services for millions of Nigerians.

National Health Security At Eyeball Summit
The participation of NAF officers aligns with the professional vision of the Chief of the Air Staff, Air Marshal Sunday Kelvin Aneke, who continues to promote a culture of excellence, inter-agency collaboration, and holistic personnel development within the Service.
Through sustained involvement in strategic national platforms, the Nigerian Air Force remains steadfast in advancing professionalism while contributing meaningfully to initiatives that strengthen national resilience and promote sustainable development.
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