Breaking News
BREAKING: $4.2m COVID-19 Fraud: Osun Monarch Jailed For Four Years In US
The Apetu of Ipetumodu in Osun State, Oba Joseph Oloyede, has been sentenced to more than four years in prison in the United States.
Oloyede, 62, who holds dual U.S. and Nigerian citizenship and resides in Medina, Ohio, was on August 26 handed 56 months in prison by U.S. District Judge Christopher A. Boyko.
According to the U.S. Attorney’s Office for the Northern District of Ohio in a statement on Tuesday, the monarch, was also ordered to “serve three years of supervised release after imprisonment and pay $4,408,543.38 in restitution.
“He also forfeited his Medina home on Foote Road, which he had acquired with proceeds of the scheme, and an additional $96,006.89 in fraud proceeds investigators had seized,” the statement read.
The U.S. Attorney’s Office said Oloyede led a conspiracy to exploit COVID-19 emergency loan programmes created for struggling businesses.
“From about April 2020 to February 2022, Oloyede and his co-conspirator, Edward Oluwasanmi, conspired to submit fraudulent applications for loans that were made available through the U.S. Small Business Association (SBA) under the Coronavirus Aid, Relief, and Economic Security (CARES) Act,” the statement read.
In April, the duo pleaded guilty to wire fraud and tax fraud charges linked to a pandemic relief scam that siphoned over $4.2m in federal stimulus funds.
The court was told that Oloyede, who also worked as a tax preparer, “operated five businesses and one nonprofit, while Oluwasanmi owned an additional three business entities.
“Both defendants used their businesses to submit loan applications using false information.
“They obtained approximately $1.2 million in SBA funds for Oluwasanmi’s entities and $1.7 million for Oloyede’s entities,” the statement added.
According to investigators, “Oloyede submitted fraudulent PPP and EIDL applications in the names of some of his clients and their businesses.
“In exchange, Oloyede would receive 15-20% of their loans as the fee, or kickback, for obtaining the loans for them, without reporting this income to the IRS on his own tax returns.”
The funds were then used for personal gain, prosecutors said.
“Investigators learned that the defendant used funds obtained from these loans to acquire land and build a home and purchase a luxury vehicle,” the U.S. Attorney’s Office disclosed.
In all, Oloyede “caused the SBA to approve 38 fraudulent applications, amounting to $4,213,378 in disbursed loans and advances.”
His co-conspirator, Oluwasanmi, 62, of Willoughby, was earlier sentenced in July to 27 months in prison.
He was also ordered to pay more than $1.2 million in restitution, forfeit a commercial property purchased with fraud proceeds, and surrender more than $600,000 held in financial accounts.
The U.S. Attorney’s Office emphasized the significance of the conviction, noting that the case was jointly investigated by the Department of Transportation Office of the Inspector General, the FBI Cleveland Division, and IRS-Criminal Investigations as part of the Pandemic Response Accountability Committee Fraud Task Force.
“This case was prosecuted by Assistant United States Attorneys Edward D. Brydle and James L. Morford for the Northern District of Ohio,” the release concluded.
Breaking News
Reps Plenary Turns Chaotic As Motion To Rescind Electoral Act Amendment Sparks Row
The House of Representatives descended into a rowdy session on Tuesday during an emergency plenary called to reconsider the Electoral Act (Amendment) Bill, 2025.
The chaos was triggered by a motion to rescind the bill’s earlier passage from December 23, 2025, which had mandated the real-time electronic transmission of election results to the IReV portal.
During plenary, Francis Waive, chairman of the house of representatives committee on rules and business, moved a motion for the house to reverse its decision on the bill which was passed on December 23, 2025.
When Tajudeen Abbas, speaker of the house, put the motion to a voice vote, the “nays” were louder than the “ayes”, but he ruled that the ayes had it.
The ruling triggered protests from lawmakers, who began hollering in objection. Abbas subsequently called for an executive session, but the proposal was also rejected.
Despite the resistance, the speaker moved the house into an executive session.
When the green chamber passed the electoral act in December, it adopted a proposal mandating the real-time transmission of election results to the Independent National Electoral Commission’s result viewing portal (IReV).
Breaking News
El-Rufai Alleges Ribadu Behind Airport Arrest Attempt, Reveals Next Move
Former Kaduna State Governor, Nasir El-Rufai, has accused National Security Adviser, NSA, Nuhu Ribadu of being behind the attempt to arrest him at the Nnamdi Azikiwe International Airport in Abuja on Thursday, shortly after he returned from a trip to Cairo, Egypt.
El-Rufai made the allegation while speaking with former Vice President Atiku Abubakar, who paid him a solidarity visit at his residence on Thursday night.
According to him, operatives of the Independent Corrupt Practices and Other Related Offences Commission, ICPC, working with the Department of State Services, DSS, and not the Economic and Financial Crimes Commission, EFCC, confronted him at the airport and attempted to take him into custody.
“It turned out that it’s the ICPC that procured DSS to abduct me and hands me over to them. The ICPC has never invited me.
“We just understand that it’s the ICPC not EFCC that’s responsible for what happened today and the ICPC chairman is acting of the direct order of Nuhu Ribadu,” El-Rufai said.
Responding, Atiku expressed sympathy with the former governor and stressed the need for political unity ahead of the next general election.
The ex-Vice President noted that opposition forces must organize themselves to challenge President Bola Tinubu in 2027.
“We must come together and form very viable opposition because Tinubu is determined to turn Nigeria into a one party state,” Atiku said.
Breaking News
Nnamdi Kanu Challenges Life Sentence, Files Appeal Against Terrorism Conviction
Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB), has officially filed a notice of appeal challenging his conviction and multiple sentences.
Kanu insisted that the trial was riddled with fundamental legal errors and amounted to a miscarriage of justice.
In the notice of appeal dated February 4, 2026, Kanu said he was appealing against his conviction and sentences on seven counts, including terrorism-related offences, for which he received five life sentences and additional prison terms after being found guilty on November 20, 2025.
“I, Nnamdi Kanu, the Appellant, having been convicted and sentenced… do hereby give notice of appeal against my conviction,” the document stated.
Kanu was convicted for offences including “committing an act preparatory to or in furtherance of an act of terrorism,” “making a broadcast… with intent to intimidate the population,” and “being the leader and member of the Indigenous People of Biafra (IPOB), a proscribed organisation in Nigeria,” among others.
Justice James Omotosho of the Federal High Court, Abuja, delivered the judgment on November 20, 2025, sentencing Kanu to five life terms for terrorism-related offences, 20 years’ imprisonment for being the leader of the proscribed IPOB, and five years’ imprisonment with no option of fine for importing a radio transmitter without a licence.
In his grounds of appeal, the IPOB leader accused the trial court of failing to resolve what he described as a “foundational disruption of the original trial process” following the 2017 military operation at his Afara-Ukwu residence.
“The learned trial judge erred in law by failing to resolve the procedural and competence consequences of the foundational disruption of the original trial process in September 2017,” Kanu argued.
He also contended that the court proceeded to trial and judgment while his preliminary objection challenging the competence of the proceedings remained unresolved.
“The learned trial judge did not hear or determine the objection,” the appeal document stated, adding that judgment was delivered “while the objection remained pending and undetermined.”
Kanu further faulted the court for delivering judgment while his bail application was still pending, arguing that this affected the fairness of the trial process.
He also claimed that the trial court convicted him under a law that had already been repealed, stating that “the learned trial judge erred in law by convicting and sentencing the Appellant under the Terrorism Prevention (Amendment) Act, 2013, notwithstanding its repeal by the Terrorism (Prevention and Prohibition) Act, 2022, prior to judgment.”
Kanu further argued that he was subjected to double jeopardy, contrary to Section 36(9) of the 1999 Constitution, after being retried on facts he said had earlier been nullified by the Court of Appeal.
He also complained that he was denied fair hearing, claiming that he was not allowed to file or present a final written address before judgment was delivered.
Among the reliefs sought, Kanu asked the Court of Appeal to allow the appeal, quash his conviction and sentences, and “discharge and acquit the Appellant in respect of all the counts.”
He also informed the appellate court of his desire to be present at the hearing of the appeal, stating, “I want to be present at the hearing of the appeal because I may be conducting the appeal in person.”
Kanu is currently being held at a correctional facility in Sokoto State, after his application to be transferred to a different facility in either Niger or Nasarawa State was denied.


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