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Court Grants Final Forfeiture Of Multiple Properties, Cash To FG In Nasarawa

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EFCC Arraigns Gidado Ibrahim

Court Grants Final Forfeiture Of Multiple Properties, Cash To FG In Nasarawa

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.

EFCC Arraigns Gidado Ibrahim

EFCC

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.

Federal Government

Tinubu Orders Installation Of 5000 Surveillance Cameras In Plateau Over Insurgence

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Tinubu Adjust His Schedule To Visit Benue People

Tinubu Orders Installation Of 5000 Surveillance Cameras In Plateau Over Insurgence

President Bola Tinubu has ordered the installation of at least 5,000 cameras across Plateau State to help law enforcement agencies identify and track rampaging terrorists.

Mr Tinubu stated this on Thursday during his visit to Plateau State following the deadly terrorist attack in Angwan Rukuba in Jos North on Palm Sunday.

“We are going to immediately install a network of cameras that will help law enforcement agencies identify troublemakers instantly—over 5,000 of them,” the president said.

Scores of residents were killed, and several others severely injured after rampaging terrorists attacked Angwan Rukuba last Sunday, drawing widespread condemnation from the international community, calling on the government to step up strategies in the fight against terrorism.

The president, who described Jos as once a peaceful city that hosted various political activities with ease, tasked the security agencies with apprehending the perpetrators and bringing them to justice.

“I’m glad the IGP is here, I’m glad the Chief of Army Staff is here, and I’m glad the Minister of Defence is here. Our dear leaders, I have been to Jos, I have enjoyed Jos, and Jos is a city of peace. We have held our political activities here.

“I thank the men and women of the Armed Forces for what you are doing and for what you are about to do. You must go out and find the killers—not merely to console and create widows and widowers,” he added.

While noting that he was elected to secure lives and property, Mr Tinubu pledged to restore peace in the country rather than routinely offering condolences.

Tinubu Adjust His Schedule To Visit Benue People

President Tinubu

“Governor, you and I were elected on the promise of peace and prosperity—not to comfort and create widows and widowers, but to bring prosperity as promised, to ensure inclusiveness in government, to share hope and aspirations with everyone, and to lead our youths. And to those represented here, let me give this assurance: I don’t want to be here merely commiserating and consoling. I want to be here to establish peace,” the president added.

Mr Tinubu has come under heavy criticism over his failure to stem repeated killings and kidnappings across the country as required by the constitution. Critics also accused his administration of treating rampaging terrorists with kid gloves.

Meanwhile, defence minister Christopher Musa (retd), on Tuesday, called on troops on the battlefield to take a more aggressive stance in the fight against insurgencyttps by eliminating Boko Haram members wherever they are.

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Federal Government

Tinubu Commiserate With Bereaved Families In Plateau, Pray For Quick Recovery

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President Tinubu Orders Security Chiefs

Tinubu Commiserate With Bereaved Families In Plateau, Pray For Quick Recovery

“President Tinubu urge our security agencies to be more proactive in preventing these attacks by acting on early warning intelligence”.

PRESIDENT TINUBU CONDEMNS KILLINGS IN PLATEAU AND KADUNA, ASSURES SECURITY AGENCIES WILL BRING PERPETRATORS TO JUSTICE

President Bola Tinubu has strongly condemned the barbaric and cowardly attacks by gunmen in Angwan Rukuba district, Jos, Plateau State.

He equally condemned the attacks in Kahir village in Kagarko Local Government Area of Kaduna State.

Describing the attack on the community in Jos and the killing and abduction of wedding guests in Kaduna as an affront to all that Nigeria stands for, President Tinubu assured Nigerians that the barbaric acts will not go unpunished.

“Anyone who will sneak under the cover of the night and kill defenceless citizens as done in Jos and Kahir village, is a heartless coward. By attacking soft targets in Jos, their objective is not only to cause harm but also trigger a spiral of reprisal attacks and further bloodletting,” he said.

He has directed security agencies to intensify all efforts to pursue the perpetrators and those spreading misinformation that can inflame tensions and further endanger lives. He cautioned some sections of the media, insinuating the attacks were religiously motivated.

President Tinubu reaffirmed that security agencies are actively addressing the situation and stressed that public cooperation is vital to maintaining peace and protecting lives and property. He stressed the need for communities to comply with evacuation, relocation, and related advice and processes. He hailed the safe return of two of the Kaduna victims.

“I urge our security agencies to be more proactive in preventing these attacks by acting on early warning intelligence. All the remaining abductees from Kahir village must be rescued immediately”, the president said.

President Tinubu Orders Security Chiefs

President Tinubu

“I commend Governor Caleb Mutfwang of Plateau State for his efforts in containing the situation in Jos and Governor Uba Sani of Kaduna State for supporting the rescue and containment efforts.

I assure the people and government of the two states of my support. I commiserate with the families of those killed and pray for the quick recovery of the injured. Our government is currently acquiring more sophisticated equipment to enable our security agencies to track and smash criminals, in real time, wherever they are.”

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Economy

Tinubu Assures Nigerians Of Improved Power Supply, Says “We’re Paying Attention To It”

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Tinubu Assures Nigerians

Tinubu Assures Nigerians Of Improved Power Supply, Says “We’re Paying Attention To It”

Tinubu assures Nigerians of improved power supply. President Bola Tinubu says his administration is paying attention to the electricity challenges across the country amid growing complaints from Nigerians over poor power supply.

Speaking on Friday at the 2026 national convention of the All Progressive Congress (APC), Tinubu acknowledged widespread concerns over electricity outages.

“I assure you, many of you lamenting the problems of electricity and power. We are paying attention to that,” the president said.

He said the grid asset management company, Camco, is expected to inject about 1,500 megawatts into a new grid corridor to strengthen supply.

“We are going to improve on it. Electricity will become better, and be assured there will be opportunity and progress in our industrialisation path,” Tinubu added.

In recent months, Nigerians have continued to decry erratic power supply and frequent outages.

On March 24, Bayo Adelabu, minister of power, apologised to Nigerians over the poor electricity supply and incessant outages witnessed in recent months.

Adelabu said the apology was necessary given the dry season, which has caused extreme heat and disrupted businesses, schools, and industries.

Tinubu Assures Nigerians

Tinubu Assures Nigerians

The minister said the government remains committed to ensuring adequate power supply across the country.

He said power generation and distribution are expected to improve in the next few weeks, adding that the country is targeting 6,000 megawatts of electricity before the end of the year.

Adelabu also noted that Nigeria requires over $100 billion in combined public and private sector investment to fix the power sector.

The minister pledged that the government would implement rapid corrective actions in the power sector.

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