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IGP Egbetokun Presents N1.6b To Families Of Deceased Officers

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The Inspector-General of Police, I-G, Mr Olukayode Egbetokun has presented N1.6 billion to 727 families of deceased police officers.

The money is the insurance claim for the deceased officers covering 2018/2019, 2021/2022 and 2022/2023 under the Group Life Assurance Policy of the Nigeria Police Force.

The I-G explained that the gesture was a way of showing the gratitude of the Nigeria Police to the fallen heroes.

According to him, the presentation of the insurance claim is the fifth since his appointment in 2023.

Egbetokun added that it showed the unwavering dedication of the current police leadership towards the welfare of police personnel and their families, including those who died in active service.

He assured those in service that neither the nation nor the force would abandon them.

“Today, we are poised to distribute cheques across five distinct categories, reflecting our diverse commitment to the beneficiaries.

“The first category comprises cheques amounting to N55.8 million for 311 beneficiaries, representing the remaining 5% balance of the Group Life Assurance Policy payments, Batches 9 and 10, for the 2021/2022 insurance year.

“The second category includes cheques totaling N761.5 million for 178 beneficiaries, representing 90% of the Group Life Assurance policy payments, Batches 15 and 17 for the 2021/2022 insurance year,” he said.

He added that the third category was a cheque of N567.5 million covering 78 beneficiaries as 100% Group Life Assurance policy payment for Batch 9 of the 2022/2023 insurance year.

The I-G said that the fourth category were cheques of N96.9 million for 86 beneficiaries, representing 32 per cent of the Group Life Assurance policy payment for Batch 5 of the 2018/2019 insurance year.

He said the final category was a cheque of N113. 2 million representing full payment for 149 beneficiaries covering batch 6 and 7, for the 2022/2023 policy year.

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Maureen Badejo To Appear Before Federal High Court Tomorrow On Defamation, Cybercrime Charges

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Maureen Omorinola Badejo is scheduled to appear before the Federal High Court sitting in Ikoyi, Lagos, on February 20, 2026, following charges filed by the Inspector-General of Police over allegations bordering on defamation, cyberstalking, and related offences.

 

 

The charges arise from online publications made in November 2021, in which Ms. Badejo allegedly transmitted statements and videos on YouTube and Facebook concerning Apostle Johnson Suleman and his associate Dickson Omodiale Osajie.

 

 

According to the charge sheet, the prosecution alleges that:

 

Ms. Badejo conspired with others to publish defamatory content against Apostle Suleman.

 

She allegedly portrayed him as a cultist, rapist, assassin, ritualist, and other criminal labels, knowing the claims to be false.

 

She is accused of sending false messages via computer networks intended to cause annoyance, hatred, intimidation, and injury to reputation.

 

Additional allegations state that defamatory statements were also made against Mr. Dickson Osajie, claiming involvement in crimes such as rape and ritual killing.

 

Authorities further allege that the publications caused fear for safety and threatened bodily harm to the complainants.

The offences cited fall under provisions of the Criminal Code Act (Cap C38, Laws of the Federation of Nigeria, 2004) and the Cybercrimes (Prohibition, Prevention, etc.) Act, 2015.

 

The case follows a formal petition submitted to the Nigeria Police Force by Mr. Osajie, who alleged persistent cyberstalking, harassment, invasion of privacy, threats to life, and dissemination of false information affecting himself, Apostle Suleman, and their families.

Statement from Maureen Badejo

Ms. Badejo maintains her readiness to face the court and present her defense, expressing confidence in the Nigerian judicial system to ensure fairness and justice.

 

 

“I will appear in court as required and trust that the truth will prevail through due legal process,” she stated.

 

 

However Ms. Badejo is expected to be formally arraigned before the Federal High Court in Ikoyi, where the charges will be read and she will enter her plea.

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Rivers Assembly Suspends Impeachment Move Against Fubara After Tinubu’s Intervention

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The Rivers State House of Assembly has officially suspended impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Odu, following President Bola Tinubu’s intervention.

The House moved the motion to halt the impeachment process on Thursday at its resumed sitting in Port Harcourt, the state capital.

JomogNews had reported that during its first sitting of 2026, the House had begun impeachment proceedings against the governor and his deputy over allegations of gross misconduct, including the demolition of the State Assembly complex and alleged spending without legislative approval, among other claims.

More details later….

 

 

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Reserves Surge To $48.5bn As Nigeria Reclaims 2013 Peak Levels

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Nigeria’s foreign exchange (FX) reserves have reached $48.5 billion, their highest level in nearly 13 years.

This milestone, confirmed by data from the Central Bank of Nigeria (CBN), surpasses previous multi-year peaks and represents the strongest balance since May 14, 2013, when reserves stood at approximately $48.51 billion.

However, the data showed that the foreign reserves increased steadily by 6.45 percent or $2.94 billion year-to-date, from $45.56 billion reported on January 1 to $48.5 billion.

Further checks showed that the FX reserves figure was $48.36 billion on Monday.

According to the CBN, FX reserves are assets held on reserve by a monetary authority in foreign currencies, which are used to back liabilities and influence monetary policy.

On December 22, 2025, the apex bank projected that the country’s external reserves would rise to $51.04 billion in 2026, saying the increase will be supported by FX reforms.

“Reforms in the foreign exchange market are expected to sustain exchange rate stability, while external reserves are projected to increase to US$51.04 billion,” CBN said.

On February 10, Olayemi Cardoso, governor of CBN, said the bank will do “whatever it takes” to safeguard the value of the naira, while strengthening the country’s external reserves.

Looking ahead to 2030, he said the CBN’s targets include achieving single-digit inflation and growing foreign exchange (FX) reserves driven by non-oil exports, foreign direct investment, and diaspora remittances.

 

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