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ICPC Dismisses Alleged Raid Report Of Buratai’s Property
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Friday clarified report that it recovered N170 million cash, $220,965, G-Wagon from the residence of Nigerian Ambassador to Benin Republic, Lt. Gen. Tukur Buratai.
Reports had it that the ICPC recovered N1.85 billion from a house and office said to belong to Buratai in Abuja.
The huge sum said to have been recovered was part of the billions of naira earmarked for the purchase of arms and ammunition by the President Muhammadu Buhari-led government.
But the spokesperson of the commission, Azuka Ogugua, denied that the house belonged to Buratai.
According to Ogugua, facts available indicates that the property is owned by owner of K Salam Construction Company, a military contractor.
“The attention of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has been drawn to some inaccurate and concocted reports in the media about the seizure of multibillion-naira cash, dollars, Rolex watches stockpiled in an Abuja property.
“The Commission wishes to state that ICPC operatives raided a property in Wuse 2 of the Federal Capital Territory (FCT), Abuja, on Thursday, 16th June, 2022 between 5:00pm and 12:00am on suspicion of money laundering. Facts available for the time being indicates that the property is owned by owner of K Salam Construction Company, a military contractor,” Ogugua said.
The Commission added that it recovered N175,706,500; $220,965; G-Wagon; 2022 editions of BMW and Mercedes Benz cars; customized mobile phones; several designer wrist watches, three Rolexes, and some property documents from the house.
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Polaris Bank Drives Youth Financial Literacy Through Global Money Week 2026
As conversations around money become more complex in a fast-evolving digital world, the need to Building Financially Smart Future and equip young people with the right financial knowledge, has never been more urgent.
From spending habits to saving culture, digital transactions, and entrepreneurial thinking, financial literacy is increasingly becoming a life skill, not just a nice-to-have.
It is against this backdrop that Polaris Bank is participating in this year’s Global Money Week (GMW), a global financial awareness campaign which kicked off from Tuesday, April 7 through Thursday, April 30, 2026.
Global Money Week is an annual initiative led by Child and Youth Finance International in collaboration with key stakeholders, including financial service providers and government institutions, to inspire children and young people to learn about money management, livelihoods, and entrepreneurship.
During the 2025 edition Polaris Bank reached and impacted directly 3,372 students, across 35 secondary schools in 36 states across Nigeria.
With the 2026 theme, “Smart Money Talks,” this year’s campaign shines a spotlight on the importance of making informed financial decisions in an increasingly digital environment. It also reinforces the value of critical thinking, emotional intelligence, and sound financial judgement in helping young people navigate today’s financial realities.
For Polaris Bank, participation in Global Money Week goes beyond fulfilling a statutory obligation. It reflects the Bank’s broader commitment to advancing financial literacy, promoting inclusion, and empowering the next generation with practical knowledge that can shape better financial behaviour and long-term economic wellbeing.
In line with the directive of the Central Bank of Nigeria (CBN) through the Financial Literacy Secretariat, Polaris Bank will conduct Financial Literacy Sessions in schools across states where it maintains branch presence. These sessions will provide students and young adults with useful insights into key areas such as; saving, budgeting, responsible use of financial products, digital financial services, and entrepreneurship.
The initiative also presents an important opportunity for the Bank to engage directly with young people at a formative stage in their lives, helping them build confidence in money matters and make more informed choices as they grow into financially active adults.
At a time when financial decisions are increasingly shaped by technology, peer influence, and instant access to digital tools, Polaris Bank believes that early education is critical to helping young people distinguish between impulse and intention, trend and truth, convenience and responsibility.
By taking financial literacy conversations into schools, the Bank is not only supporting a national mandate but also contributing to the development of a generation that is better informed, more financially aware, and more capable of making smart choices for the future.
Polaris Bank remains committed to initiatives that create meaningful impact, strengthen communities, and empower individuals through knowledge-driven engagement.
News
Opposition Coalition Hardens Stance Against INEC Following Massive Abuja Demonstration
Following an anti-INEC protest in Abuja, leaders of the African Democratic Congress (ADC) held a closed-door meeting with top figures from the Peoples Democratic Party (PDP) to discuss the electoral body’s recent refusal to recognize the ADC’s new leadership.
Among those present at the meeting are Senator David Mark, National Chairman of the ADC, former Vice President Atiku Abubakar, former Kano Governor Rabiu Musa Kwankwaso, Presidential candidate of Labour Party, (LP) in the last election, Peter Obi.
Others are former Attorney-General of the Federation, Abubakar Malami, former Secretary to the Government of the Federation, Babachir Lawal, Former Rivers State Governor Rotimi Amaechi and Senator Aminu Tambuwal among others.
On the side of the PDP, are Oyo State Governor Seyi Makinde, factional National Chairman Turaki, Professor Jerry Gana, former Senate President Adolphus Wabara, former Niger State Governor, Babangida Aliyu, and other members of the National Working Committee, of the PDP.
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Akpabio Represents Tinubu At Commissioning Of Landmark Lagos Projects
Senate President Godswill Akpabio has inaugurated the new Opebi-Mende-Ojota Link Bridge Project and the Multi-agency complex, Alausa, now known as Bola Ahmed Administrative Complex in Lagos State.
Akbabio represented President Bola Tinubu, who has been in Lagos for the past few days and is scheduled to embark on a two-day working visit to inaugurate about six key projects executed by Governor Babajide Sanwo-Olu.
In a video shared on X by Sanwo-Olu’s aide, Jubril Gawat, on Wednesday, the Senate President unveiled the project alongside Imo State Governor, Hope Uzodimma; the senator representing Lagos East District, Tokunbo Abiru; Sanwo-Olu, and some other dignitaries.
While cutting the ribbon, he said, “On behalf of President Bola Ahmed Tinubu, I commission these projects.”
Recall that the Special Adviser to Sanwo-Olu on Media and Publicity, Gboyega Akosile, in a post on X recently had said that the President would commission “iconic, transformative and legacy projects” delivered by his principal.
According to him, the projects include the Ojota-Opebi Link Bridge, the Lagos State Geographic Information Service building in Alausa, the Lagos State Multi-Agency Complex, the Tolu Schools Complex in Ajegunle, the Maracana Stadium, and the Lagos Food Logistics Hub in Abijo.
“Please join the Lagos State Governor, Mr Babajide Sanwo-Olu, to welcome President Bola Ahmed Tinubu to a two-day working visit to our dear State. While here, the President will commission some of our iconic, transformative, and legacy projects,” Akosile stated.
This development led the state government to announce partial road closures across key parts of the state for the commissioning of critical infrastructure projects scheduled for Wednesday and Thursday.
In a statement issued on Tuesday, the State Commissioner for Transportation, Mr. Oluwaseun Osiyemi, said the temporary closures were necessary to ensure safety and the smooth conduct of the events.
The government advised motorists to plan their movements and avoid affected corridors during the specified periods to minimise traffic disruptions and delays.
According to the statement, the Opebi-Mende Link Bridge will be commissioned on Wednesday, April 8, between 9:00 a.m. and 1:00 p.m., affecting traffic in the Opebi-Allen, Ikeja, and Ojota areas.
“All motorists transiting this corridor during the specified hours should seek alternative routes to avoid congestion and ensure timely arrival at their destinations,” the statement said.
On Thursday, April 9, two commissioning events are scheduled between 9:00 a.m. and 1:00 p.m. The first is the commissioning of the Tolu Schools Complex, which will affect traffic in the Olodi Apapa and Ajegunle areas.
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