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I Have Delivered On Yahaya Bello Prosecution Promise — EFCC Chairman Olukoyede

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EFCC Chairman, Ola Olukoyede has declared that he has fulfilled his 2024 promise to oversee the prosecution of former Kogi State Governor Yahaya Bello.

Addressing public questions regarding his previous vow to resign if Bello was not prosecuted, Olukoyede stated during an interview on Sunday Politics aired by Channels Television that his mandate to investigate and bring the matter to court has been achieved.

“A sitting governor, because he knew he was about to leave office, moved money directly from government to a bureau de change and used it to pay his child’s school fees in advance $720,000,” Olukoyede said.

He described the alleged action as disturbing, particularly in view of the economic condition of Kogi State.

“In a poor state like Kogi, you want me to close my eyes to that under the excuse that I am being used? Being used by who at this stage of my life?” he asked.

Olukoyede also recalled a public statement he made in April 2024, when he vowed to resign if Bello was not prosecuted.

“If I do not personally oversee the completion of the investigation regarding Yahaya Bello, I will tender my resignation as the chairman of the EFCC,” he had said.

Addressing public concerns over the pace of the case, the EFCC chairman said the commission had fulfilled its responsibility and that the matter is now before the courts.

“Have I not fulfilled that promise? Is Yahaya Bello not being prosecuted? The case is in court,” he said.

He stressed that the EFCC’s role is to investigate and prosecute, not to determine guilt or secure convictions.

“I have three cases against Yahaya Bello. Am I the judge who will decide conviction? I have done my work and fulfilled my mandate,” Olukoyede added.

Bello is currently facing multiple charges before different courts. He is standing trial on a 16-count charge involving alleged property fraud amounting to N110 billion, alongside Umar Oricha and Abdulsalami Hudu.

In a separate case before the Federal High Court, the former governor is also facing a 19-count charge bordering on alleged fraud and money laundering involving N80.2 billion.

The EFCC had earlier declared Bello wanted in April 2024 over alleged financial crimes estimated at about N80 billion, a development that sparked widespread political debate.

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Fire Outbreak Leaves Hundreds Of Traders Stranded At Yaba Market

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A major fire outbreak occurred at a market in the Yaba area of Lagos State in the early hours of Saturday.

The blaze, which reportedly began between 1:00 AM and 3:00 AM, has destroyed several shops and goods worth millions of naira, leaving numerous traders stranded and counting their losses.

Videos circulating on social media showed thick smoke and flames consuming parts of the market, while traders and residents scrambled to salvage belongings.

An eyewitness, Lugar Feliz, livestreaming on TikTok, noted that firefighters were already at the scene and identified the affected area as the Popo section of Yaba Market. Another user, Olamilekan Iyiola (@Olamilekan0932), described the incident as a “terrible fire outbreak in Yaba right now.”

Some residents expressed frustration over emergency response efforts. Adeoluwa (@Okunlola_Jude) reported that shops behind his property were completely destroyed, with losses estimated in the billions of naira. He added, “Fire service headquarters is just 10 minutes away, yet only one truck was brought to the scene.”

Sullex Print and Branding (@SullexBranding) also highlighted equipment challenges, claiming, “Three fire service trucks responded, but only one had water. The fire is currently at Ajibode Street, Yaba.”

As of Saturday morning, the cause of the fire remained unknown. No official statement has been released by the Lagos State Fire and Rescue Service regarding the extent of damage or potential casualties. Firefighting and containment efforts were ongoing, while residents called for enhanced emergency preparedness to prevent further losses.

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11 Dead, 50 Homes Razed In Violent Nasarawa Community Clashes

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The Nasarawa State Police Command has confirmed that 11 people were killed and over 50 houses were burnt following violent clashes between the Akyawa and Udege Kasa communities in the Nasarawa Local Government Area on Friday.

The two warring communities, Akyawa and Udege Kasa, clashed in the early hours of Friday over some disagreements.

In a statement made available to journalists in Lafia, the Nasarawa State capital, on Saturday, the Police Public Relations Officer of the command, SP Ramhan Nansel, explained that the casualties prompted the Commissioner of Police, Shetima Jauro Mohammed, to visit the communities with a view to restoring normalcy.

According to Nansel, during the CP’s visit to the affected communities of Akyawa and Udege Kasa on April 3, 2026, Mohammed expressed deep sorrow over the tragic incident, which claimed the lives of 11 persons and led to the burning of several houses.

He stated that the CP commiserated with the families of the deceased and the entire community, assuring them of the command’s unwavering commitment to ensuring that justice is served.

The PPRO said, “The incident, which occurred in the early hours of the same day, involved hoodlums suspected to have carried out a reprisal attack over the alleged killing of two of their kinsmen.

“In the course of the attack, 11 persons were killed, while about 50 houses were burnt in Akyawa and two houses in Udege Kasa.

“In response, CP Shetima has ordered an intensive manhunt for all perpetrators of the heinous act, directing tactical teams and investigative units to ensure their prompt identification, arrest, and prosecution.”

Nansel noted that in order to prevent any further breakdown of law and order, the CP had also directed the immediate reinforcement and sustained deployment of police personnel, in synergy with the military and the Nigeria Security and Civil Defence Corps, to provide adequate security and restore lasting peace in the area.

“A stakeholders’ meeting was held during the visit, where the CP urged residents to remain calm, law-abiding, and cooperate with security agencies by providing credible information to support ongoing investigations.

“The Command reassures members of the public that normalcy has been restored to the affected communities, while proactive measures are in place to prevent any recurrence of violence,” the statement added.

Meanwhile, there are rumours that the communities came under violent attacks, as suspected Fulani militias, believed to be bandits, reportedly invaded Akyawa and Udege Kasa late Thursday night.

The latest assault, according to local sources, is believed to be a continuation of an earlier violence in nearby Sabon Gida (Gidan Ada Ogiri), where houses, farm produce and other valuable properties were destroyed.

Residents lamented that barely 48 hours after the attack on Sabon Gida, the fresh assault occurred, heightening fears among residents who say no one can predict which community may be targeted next.

Sources expressed concern that the attackers had been sighted moving around neighbouring communities prior to the incident, yet no decisive preventive measures were taken by security authorities.

“It is becoming unbearable. They abduct at will and now invade our entire communities unchecked. People are living in fear and fleeing their homes for safety,” a resident lamented.

Our correspondent gathered that the affected communities, once known for their mining activities and vibrant local economy, have in recent times been severely impacted by recurring insecurity attributed to suspected bandit groups.

Residents are therefore calling on the Nasarawa State Government to act swiftly to contain the situation and prevent further devastation, especially as farmers have begun planting for the new season amid fears of renewed attacks.

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Union Bank Looted: How former directors gambled with billions and nearly destroyed a national bank

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The former directors and owners of Union Bank did not just fail, they engineered a financial disaster. They manipulated reports, hid massive losses, diverted foreign loans and treated depositors’ money like a private wallet.

 

Investigators uncovered billions of dollars in misconduct. These directors buried over ₦250 billion in losses, piled a $300 million foreign loan onto the bank without protection and then forced Union Bank to carry the burden. They even used the bank’s own funds to buy its shares, an outrageous betrayal of trust.

 

It didn’t stop there. Over $100 million was pulled out improperly, leaving the bank exposed and struggling. Loans meant for customers were secretly diverted into shady transactions. False reports were sent to lenders. The system was deliberately deceived.

 

This was not incompetence. It was exploitation.

 

By 2025, their actions had created nearly ₦400 billion in losses and over ₦147 billion in unpaid charges. The bank was on the edge.

 

The Central Bank of Nigeria (CBN) stepped in just in time. Without that intervention, Union Bank could have collapsed, dragging others down with it.

 

Now, the bank is stabilising. But let’s be clear: this recovery is happening in spite of those former directors, not because of them.

 

They didn’t build value. They destroyed it.

 

And Nigerians deserve to never forget who was responsible.

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