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How I Made N70,000 Daily Supplying Bread To Bandits, Abducted Varsity Students- Suspect

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A syndicate allegedly supplying drugs, bread and other food items to bandits operating in Zaria, Kaduna State and its environs has been smashed by operatives of the FIB Intelligence Response Team (FIB-IRT).

An alleged member of the syndicate, who admitted to making about N150,000 weekly from supplying bread to the bandits, said his income from the venture rose sharply at a point to N70,000 a day while some university students abducted in Kaduna were in their custody.

A police source, who said the suspects would be charged with criminal conspiracy and kidnapping, revealed that the syndicate was busted by the team of FIB-IRT at the Rigachikun base after supplying bread to the bandits in their hideout in the forest at about 5pm on June 8, based on reliable information.

Among the arrested suspects were Abubakar Ibrahim a.k.a Abu Rewire of Kuregu village in Wasasa Zaria; Auwal Abubakar of Zaria City; Hassan Magaji of Galadimawa village and Ibrahim Kabiru a.k.a. Abba of Galadimawa village.

On interrogation, the suspects confessed to being the ones supplying bread to the bandits at Galadimawa, Damari, Kidandan and Awala camps in Birnin Gwari and Giwa local government areas, Kaduna State.

The suspects were said to have led the detectives to their factory where 150 loaves of bread were recovered.

In his confessional statement, Auwal Abubakar, was said to have admitted that the syndicate was giving information to bandits on account of which they carried out kidnapping and cattle rustling in the Zaria axis.

Hassan, a native of Galadimawa village who is married with two wives and three children, said: “I started the bakery business in 2018. Before then, I was an okada (commercial motorcycle) rider, but I was always losing them to bandits who sometimes ambushed us.

“Some time ago, one of my relatives, Mustafa Magaji, came to our area and taught me how to operate a bakery, and with the little money I had saved, I started the business.

“I started with about N21,000 and now make about N400,000 a month. The boom in my business began when I started supplying bread to bandits.

“I was born and brought up here in Galadimawa, and I know most of our young men who decided to become bandits.

“Initially I was going around the area to sell bread in small quantities. That was when I met one Mohammed from Galadimawa.

“The community has a good relationship with them because they do not attack us. Initially, they were raiding our villages, but some of our community heads made them understand that we were not the cause of their problem; that we are poor villagers also struggling to survive. That was why they stopped attacking us and most of them started coming out to mix with the villagers.

“I normally stay close to the part of the forest where they are camped. It was during one of such movement in 2019 that I met Mohammed and he bought 10 loaves of bread and took my phone number. I sold the bread for N200 each instead of the regular market price, which was N170. The next day, he called me, saying that the bread was so sweet and asked me to bring 20 more loaves.

“The day I took the 20 loaves to him, I saw him with three others and they told me that they would like to be buying in larger quantities, but I told them that I did not have enough cash. We agreed that they would pay the entire money before I bake.

“They started with N20,000 worth of bread and gradually increased it to N50,000 a day. After removing the cost of the ingredients, I make as much as N150,000 in a week.

“We had a meeting point close to their hideout in the forest, but I was not allowed to enter the bush. It is not even accessible by car, so I had to stop there and share the bread to those that contributed money.

“They never threatened me because I minded my business. They know that people are avoiding them; that was why they normally encouraged me by paying for the bread before I baked it. So, I do not know about their kidnap business; I only sell my bread and leave.

“It was my workers that were arrested by the police while they were on their way to delivering bread, and they brought them to my factory.”

Hassan said he observed that whenever the bandits kidnapped a lot of people like they did some university students in Kaduna, the quantity of bread they bought would increase.

“During that period, I supplied up to N70,000 worth of bread every day till recently when it dropped to about N50,000,” he said.

Since December last year, armed men have attacked many schools and universities in the Northwest, abducting more than 700 students. Among those abducted were about 20 students of Greenfield University in Kaduna kidnapped on April 20, about one month after attackers stormed a forestry college in the same city, seizing dozens of students.

The abducted students of the university spent as many as 40 days before they were released after their parents had paid heavy sums as ransoms.

Hassan, however, said there was not much he had done with the money other than marrying a woman “I had always loved. And I was able to save money to take care of my two wives.”

Another suspect, Abubakar from Galadimawa, said: “I am married with a daughter. I only attended Arabic school. I am a farmer, and while we are waiting for the crops to grow, I normally look for other sources of making money for my family.

“I started working for Magaji about three months ago. I am paid N500 and a loaf of bread every day. My job is to join and bake the bread and also sell them in the various communities.

“Most of our bread was sold to bandits. I know that they are bandits. Everyone knows them. I did not fear that they would kidnap me because we minded our business.

“They don’t cover their faces. We know their villages. The only thing is that they now live in the forest.

“They have no families. It is only some of their commanders that are married with children.

“I do not know that it is a crime to sell. I am only selling my wares and nothing more. I am aware that they are kidnapping people up and down, but since I did not participate in it, I never cared to know whether what they were doing was right or not.

“There was never any need for me to worry. It was at the police station that they told me that I was encouraging them by giving them food.”

He said the only way to stop banditry was for the government to give them what they want. “They are so many in the bush, and the more you kill them, the more they recruit.

“I did not join them because of my family. My relatives had warned me that one day, the army would bomb the place and I would die.”

The third suspect, Ibrahim, a 17-year-old indigene of Galadimawa, said: “I dropped out of Galadimawa Primary School. My parents are farmers and they made me join them in the farm instead of sending me to school.

“I have been saving money to buy a motorcycle to start a commercial motorcycle business, but I could not save enough money. Luckily, I got a job at Magaji local bakery about a year ago.

“I am paid N500 and a loaf of bread daily. Sometimes I would sell the bread instead of eating it.

“Part of my job is to sell it in the neighbouring communities every day. The bandits are our best customers. Instead of trekking around and begging people to buy bread, we just deliver everything to them and go home.

“I am not a bandit because if I try it, my father will hunt me down and hand me over to the police. He has warned me that those bandits kill innocent people, which is wrong.

“I know a lot of them who have since relocated into the forest. They only come out when they have money; to look for girls and visit their families.”

 

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I Delivered $15m Agency Cash To Ex-NIMASA DG Akpobolokemi, EFCC Witness Tells Court

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A prosecution witness, Captain Ezekiel Bala-Agaba, testified in a Lagos Federal High Court on Thursday, that he personally delivered $15 million in cash to former NIMASA DG, Patrick Akpobolokemi.

The witness, Bala-Agaba, a former Executive Director of Maritime Safety, Shipping Development and Marine Operations at NIMASA, made the disclosure while testifying before Justice Ayokunle Faji of the Federal High Court in Lagos.

Captain Agaba, who appeared as the 15th prosecution witness, told the court that funds meant for pipeline surveillance were withdrawn from NIMASA’s accounts, converted into dollars, and handed over to Dr Akpobolokemi.

According to him, the money was taken to a Bureau de Change, which converted it into $15 million before the cash was delivered to the NIMASA office on Burma Road, Apapa, Lagos.

He said he subsequently took the money to the office of the then Director-General.

“The money was sent to a Bureau de Change, which later brought the dollar equivalent to our office at Burma Road, Apapa, Lagos. I asked my Personal Assistant, Ekene Nwakuche, to carry the bag and follow me to the Director-General’s office,” he told the court.

The witness explained that he collected the bag from his aide before entering the office.

“When we got to the door of the Director-General’s office, I collected the bag from him and asked him to wait outside. I then personally delivered the sum of $15 million to the Director-General.”

The witness was initially a defendant in the case but later opted to testify for the prosecution.

While being led in evidence by prosecuting counsel, Suleiman Suleiman, he explained the chain of command within NIMASA and how financial approvals were processed in the agency.

According to him, the Director-General is the overall head of the agency and issues instructions to directors, who then implement policies in line with the NIMASA Act.

He told the court that he chaired the agency’s Intelligence Committee, which was responsible for certain security-related operations.

“As chairman of the committee, I oversaw its activities and reported directly to the Director-General, Dr. Patrick Akpobolokemi,” he said.

During the proceedings, the witness was also shown a document containing a letter from Access Bank to the Economic and Financial Crimes Commission (EFCC) detailing transactions in NIMASA’s accounts between 2013 and 2015.

When asked how much money he took to the former Director-General, Agaba replied: “$15 million.”

After listening to the testimony, Justice Faji adjourned the matter until April 22 and 23 for cross-examination of the witness.

The EFCC had in December 2015 arraigned Dr. Akpobolokemi and seven others before the court on a 30-count charge bordering on conspiracy, fraudulent conversion of funds and money laundering.

Those charged alongside the former NIMASA boss include, Warredi Enisuoh, Governor Juan, Ugo Frederick, Timi Alari, as well as Alkenzo Limited and Penniel Engineering Services Limited.

They pleaded not guilty to the offences.

The anti-graft agency alleged that the defendants conspired to divert funds running into over N1.15 billion under the guise of providing security intelligence in Nigeria’s maritime domain.

According to the EFCC, the NIMASA Intelligence Committee allegedly received N1,153,000,000 between December 2013 and July 2015.

Investigations further revealed that several companies contracted to execute the intelligence operations were either unregistered or lacked the capacity to perform the services, while some were allegedly linked to the defendants.

The prosecution also alleged that the defendants nominated or owned many of the companies used to execute the contracts.

One of the charges stated that the defendants conspired to commit offences punishable under the Money Laundering (Prohibition) Act, 2012.

 

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CBN Bars Chronic Loan Defaulters from Accessing New Banking Services

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The Central Bank of Nigeria (CBN) has issued a directive to all financial institutions to immediately restrict certain banking services for large-ticket borrowers with non-performing loans (NPLs).

This move is aimed at strengthening credit discipline and protecting the stability of the Nigerian financial system following a rise in the industry’s NPL ratio to approximately 7%, exceeding the regulatory 5% threshold.

This order is specifically targeted at large-ticket obligors.

The CBN issued the directive in a circular to banks on Monday.

The latest instruction comes almost a week after the CBN asked financial institutions to stress test.

It is uncertain if the two directives are connected or what may have triggered the loan-related instruction, but the apex bank said it furthers its mandate to protect Nigeria’s financial system.

“In furtherance of its mandate to promote a sound financial system, protect depositors, and enhance prudential compliance within the banking sector, the Central Bank of Nigeria (CBN) hereby directs all banks to restrict non-performing large ticket obligors, whose activities pose systemic risk to the financial system, from accessing specified banking services,” the circular reads in part.

“Any large-ticket obligor with a non-performing facility recorded in the CRMS and/or any licensed private credit bureau shall not be granted additional credit facilities. For the purpose of this restriction, credit facilities include loans and other forms of direct credit.

“In addition, such obligors shall not be granted banking facilities or contingent liabilities such as bankers’ confirmations, letters of credit, performance bonds, or advance payment guarantees.”

 

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Makinde Only In PDP Because He’s Not Seeking Re-election – Otitoju

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Babajide Kolade-Otitoju, the Director of News at TVC News, recently stated that Oyo State Governor Seyi Makinde would likely have defected from the People’s Democratic Party (PDP) if he was still serving his first term.

Otitoju stated this on Friday on TVC’s ‘Breakfast Show’.

He described the National Convention of the Peoples Democratic Party, PDP, in Ibadan last November as a mere waste of time.

“People must show good judgment at a critical phase. What was the point of having that convention? Two courts told you not to go ahead but you went ahead.

“I may not be a fan of former Senate President Bukola Saraki but if he says something that makes sense, I will be the first to admit it. He made sense when he said let’s go for caretaker. What’s the point of not listening to him?

“Later you will be shouting that the ruling party is behind your crisis, meanwhile you are the architect of your own misfortunes. You created this problem.

“If Makinde were in his first term, he would have fled like the dancing governor because his second term would have been in danger,” Otitoju said.

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