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Man hires kidnappers, kills brother’s son after collecting N300000 ransom

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A 34-year-old man, Faruq Seidu, allegedly contracted three men to abduct his brother’s seven-year-old child, AbdulMalik Musa, and killed him after collecting a ransom of N300,000.

The deceased was reportedly kidnapped last Wednesday from his parents’ residence at Sabo Ilupeju, Abeokuta, Ogun State, by the syndicate in connivance with Seidu.

Seidu and the suspected kidnappers, Hassan Hussein, 30; Habib Nurah, 24; and Muhammed Bello, 42, were arrested by men of the state police command and paraded on Monday at the crime scene, beside the Ogun River, Lafenwa, Abeokuta, where the boy was allegedly strangled and thrown into the river.

The suspects took the police to the crime scene, where the remains of the boy were found floating on the water.

The Police Public Relations Officer in the state, Abimbola Oyeyemi, who paraded the suspects, described the incident as man’s inhumanity to a fellow man.

He said investigation revealed that Seidu contracted his three friends to execute the heinous act because of the refusal of his brother, the father of the deceased, Abdul-hammed Musa, to give him money to marry a third wife.

Oyeyemi explained that Seidu and his accomplices had initially demanded N5m ransom, but later reduced it to N300,000 due to the plea by the victim’s father.

According to the PPRO, the incident happened on December 11, 2019, when the parents reported at the Sabo Police Station in Ilupeju, Abeokuta, that the boy had been kidnapped.

Oyeyemi said AbdulMalik was killed because he recognised his uncle, Seidu, who was afraid of being exposed.

He stated, “This is a breakthrough in respect of an abduction and murder; what happened here is the height of man’s inhumanity to man.

“On December 11, 2019, a case of abduction was reported at the Sabo Division in Ilupeju, Abeokuta.

“About 24 hours later, the kidnappers made a request for N5m and we asked the family to play along with them and later they agreed to take N300,000 and after payment, they still killed the boy and threw his corpse in the river.

“I want to appeal to members of the public to trust nobody, because if a brother could do this to his brother, then who can be trusted?

“But, I want to sound a serious warning to criminals in the state and I will be borrowing from the words of the governor, who he said hell fire would be more conducive for criminals than Ogun State.”

The prime suspect, Seidu, claimed to be innocent of the crime.

“I never asked anyone to kidnap my brother’s son, I only saw this one (pointing to another suspect) with the boy on a motorcycle, but I never discussed anything with them; I only greeted them and left,” he stated.

Seidu’s regular motorcyclist, Hussein, however, faulted him by claiming that he contracted them to abduct the boy before he personally killed him on the grounds that he recognised him.

Hussein said while pointing at Seidu, “He is a brother to Alhaji (the deceased boy’s father). He said he wanted to marry a new wife and Alhaji did not want to give him money; so, he asked us to kidnap the boy.

“After Alhaji gave us the ransom, Seidu came and said he was going to kill his nephew, because the boy recognised him and I asked him why, but he never answered me.

“When Seidu collected the ransom, he handed it over to me after he had removed N5,500.

“He wants to marry a new wife after he lost his first wife and divorced the second.

“The boy knew Seidu very well; whenever he was in the boy’s house, AbdulMalik would run to greet him. He gave him biscuit before he took him away on the day of the kidnap.

“He told me that he would kill the boy and he threw his corpse into the river from the bridge.”

When asked where he was when the boy was killed, Hussein claimed that he did not follow Seidu, adding that he was only informed by the boy’s uncle after he had killed him.

Copyright PUNCH.

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CBN Fines 9 Banks N150m Each Over Scarcity Of Cash In ATMs

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The Central Bank of Nigeria, CBN, has issued fines to at least nine Deposit Money Banks for failing to ensure cash availability via automated teller machines, ATMs, during the festive season.

The fines total N1.35bn, with each of the banks fined N150m.

The banks were found culpable after spot checks revealed non-compliance with the Central Bank’s cash distribution guidelines.

A statement released by CBN acting Director of Corporate Communications, Mrs Hakama Sidi Ali, on Tuesday, read: “In a clear message of zero tolerance for cash flow disruptions, the Central Bank of Nigeria has sanctioned Deposit Money Banks for failing to make naira notes available through automated teller machines during the yuletide season.

“Each bank was fined N150m for non-compliance, in line with the CBN’s cash distribution guidelines, following spot checks on their branches. The enforcement action follows repeated warnings from the CBN to financial institutions to guarantee seamless cash availability, particularly during periods of high demand.

“The affected banks include Fidelity Bank Plc, First Bank Plc, Keystone Bank Plc, Union Bank Plc, Globus Bank Plc, Providus Bank Plc, Zenith Bank Plc, United Bank for Africa Plc, and Sterling Bank Plc.”

The fine will be debited directly from the banks’ accounts with CBN.

 

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FG To Spend N8Bn On Orientating Nigerians On Payment Of Electricity Bills – Minister

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The Federal Ministry of Power is proposing to spend N8 billion to orient Nigerians on prompt payment of electricity bills in 2025.

The Minister of Power, Adebayo Adelabu, disclosed this while defending the ministry’s budget before the National Assembly joint committee on power on Monday, January 13.

According to Adelabu, the advocacy would be done through social, digital and print mediums in order to reach all Nigerians. Adelabu explained that many Nigerians need orientation to realise that the power sector is a national asset that needs protection.

“We are a people of over 200 million strength. So we need to go through all the loopholes, through social media, through digital media, through the print media, to actually orientate and do this advocacy. So we have N8 billion.

In terms of advocacy, we believe that our people need to be re-educated. They need to be re-orientated to know that the power assets are national assets, and we should all jointly own it.

Our people need to know that they should avoid power theft. When they see something, they must say something. Our people need to know that they must pay their bills regularly. All these need to be passed across. We believe that the power sector needs to do a lot of advocacy, re-orientation and re-education of our people” Adelabu said

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Why National Grid Will Continue To Collapse – FG

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Minister of Power, Adebayo Adelabu, has said that the national electricity grid will remain prone to collapse.

According to the Minister, this was due to the government’s inability to repair a crucial transmission line in the northern part of the country owing to persistent insecurity.

Adelabu said this on Monday during the 2025 budget defense session with the Senate Joint Committee on Power.

The Minister said that the Shiroro-Kaduna-Mando line, which had been out of service since a vandalism incident in October 2024, had caused immeasurable loss to the nation.

He pointed to this as a major reason for the frequent collapse of the national grid.

“The Kaduna-Shiroro-Mando line was one of the two major lines transmitting power to the north.

“The second, the Ugwuaji-Makurdi line, was also vandalized but has been repaired.

“The Shiroro-Mando-Kaduna line, however, remains down due to insecurity.

“This is why our grid is so fragile, as it relies on a single line, causing unnecessary strain,” he said.

Adelabu said the government can only work on quicker restoration when the power grid collapses.

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