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Akingbola To Forfeit N626bn, 8 Houses, Others – EFCC

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The Mareva order granted against the wanted former Group Managing Director of Intercontinental Bank Plc, Mr. Erastus Akingbola, would see him forfeiting, temporarily, to the Federal Government, about N626 billion, eight houses, nine companies and 12 bank accounts.

This is even as the Economic and Financial Crimes Commission (EFCC) again sealed off his property at 2, Bedwell Road Ikoyi, Lagos on Wednesday.

Commission’s spokesperson, Mr. Femi Babafemi, confirmed the sealing off of the property.

The Mareva order issued by a London court and a federal high court sitting in Lagos covered all his properties worldwide.

All the items listed by the commission were covered by the order.

His property at 12, Ruxcon Road, Ikoyi, Lagos was sealed off on Tuesday which signaled the commencement of the execution of the Mareva order.

In the Mareva sum contained in the order, N346 billion was listed in local currency while 1,085,575 British pounds was also listed as alleged proceeds of crime.

The order restrained Akingbola and members of his family from coming in contact with the said property until it is lifted.

In the schedule 11 of the order, assets listed included, property at Milverton Road, Ikoyi, 26, Chester Terrace London, 8 Connaugh Street, London, 65 Gove-End Road, London, Amazing Grace Plaza, Ligali Ayorinde Street, Victoria Island among others.

Companies listed in the order included Tropics Securities, Tropics Property, Tropics Holdings, Summit Finance Company, Tropics Finance and Investment Company, Yankuri Nigeria Ltd, Regal Investment, Bankinson Nigerian Ltd and Associated Discount House Ltd among others.

Some of the bank accounts included accounts with numbers 0001200000029420, 0001210000005334, 0111-001-000352735 and 0111-001000- 352745 domiciled with Intercontinental Bank.

Fifteen cars and five dogs were found on the property sealed off on Tuesday.

In the property listed in his name in the court order, he is said to own 10 properties in Ikoyi ansd Victoria Island, Lagos alone.

The commission’s guards now watch over the seized property.

It was also gathered that the commission’s chairman, Mrs Farida Waziri had written to all banks where Akingbola has accounts for the transfer of same to the government.

Other banks where he has accounts included Access Bank, Zenith Bank, Skye Bank, Fidelity Bank and Intercontinental U.K.

Security agencies abroad where Akingbola has properties and bank accounts, had also been contacted for the same measure of treatment for the former banker.

While the Lagos order was granted on the last day of 2009, the London court had granted its, on 23rd December, 2009.

Some of the assets to also be frozen were Nos 17, 18, 19, 20 on Finchey Road, London as well as the property located at 26, Chesire Terrace, London.

Properties said to have been owned by him in Accra, Ghana and Dubai, United Arab Emirates, were also listed for forfeiture.

The Group Managing Director/Chief Executive Officer, Oceanic Bank, Mr. John Aboh, has said the bank concluded staff rationalisation exercise December last year, stressing that it has no plan to sack any of his workers in the new year.

Speaking against the backdrop of insinuations that the bank had carried out fresh disengagement of staff, Aboh explained that it was unfounded and a premeditated attempt by people to derail the consistent progress being recorded by the bank.

According to him, last year rationalisation was to drive operational efficiency in the organisation, noting that it had become imperative to alert customers and shareholders on true situation.

“I urge our esteemed customers, shareholders, and the entire banking public to disregard such reports. Oceanic Bank is making steady progress with its recovery efforts and the trends before us show promising prospects and enhanced value creation for all stakeholders.”

The Oceanic Bank boss explained that prior to the bank’s staff rationalisation exercise, the bank was expending over N4 billion monthly on salaries and wages to a workforce of over 20,000 people.

“We had to implement the painful process of staff rationlisation to streamline the workforce along the line of the current business realities otherwise we will be deploying depositors’ funds to sustain the bloated workforce. The vision we have is to grow the business to ensure consistent value creation for our customers and shareholders.”

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Diocese of Kalabari Set To  Commence  Kalabari University

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Newly installed  Bishop of Kalabari Anglican Communion , the Rt Revd. Boma Peter Briggs has  announced plans to  commence  Kalabari University.
Speaking at  the Rededication Service of the Diocese last weekend at the Cathedral Church of St Augustine, Abonnema,  the bishop said the diocese  has decided to put all necessary documentation in order and set up a committee to fast track and kick start  the university at Sama Town in Asari Toru Local Government Area of Rivers State.
He hinted that the university would start with Social Science and Theology for the mean time before further expansion in the future.
The committee members nominated to carryout the task are Sir. Alabo Prof. Kelvin Bob-Manuel, Dame Stella David West, Sir Ngo Martyns- Yellowe, Dame Dr. Barasua Lawrence, Sir Alabo Damiete Jack and Mr. Ayanate Agala,
Dr. Tamunodein Alasia, Bar. Tamunoteinbo N.H Harry, Sir Labomie Fredrick, Madam Sokari Davies and Glory Sokari.
Bishop Briggs also constituted Investment Committee led by Sir Labomie Fredrick, Sir Elekima Ekine, Vice Chairman, Dr. Asweili Kuruye, Secretary, Dr. Sobiobo Awara, Sis. Akaeribi Omugu, Rev Can. Soye Young Itiye and  Sir Alabo Columbus E. Columbus.
Others are Mr. Daboikia Barango, Mr. Krakaye Harry, Sir Alabo Damiete Jack, Sir Alabo Dedeibi Olu- Princewill, Madam Sunjuba Daisy Ekine and Ven. Dr. Isoboye Amabibi.
The last Committee instituted was at his 60 birthday made up of 28 members headed by Dame Stella Abbiye-Suku with Sister Inye Amak- Tariah as Secretary.
The committee was saddle with the responsibility of raising 60million Naira  or a minimum of Six Million Naira, noting that 70 percent of the money raised would be used for Clergy Welfare while the balance of Thirty Percent put into project development.
The Diamond Birthday Celebration comes up on the 21st of February 2026.
His Lordship further appointed the following Ministers as Chaplain into the various Arms of the Church. ACM, Rev. Datubo Emmanuel Agborubere-Jnr, MUWG, Rev. Fanyama Ibieneye
AYF, Rev Dabodein Bekinbo, Sunday School, Rev Sepiribo Pokubo, Knight Council, Rev Can. Ibinabo Taylor -Harry, EFAC, Rev. Awolayeofori Williams and BB Rev Joshua Amah  amongst others .
Bishop Briggs also redeployed Rev Emmanuel Agborubere to St Clement Church, Rev. Sokari to St Peter’s Ibiapu-Ama, Evang. Ikoma Dokubo to St James Degema and Evang. Dumo George to Messiah Anglican Church, Buguma.
By Kevin Nengia
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FG Honours 12 Teachers, Reaffirms Commitment To Education Reform 

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The Federal Government has honoured 12 teachers from across the country with national awards, reaffirming its commitment to strengthening the education sector through improved welfare, incentives, and professional development for teachers.

The awards were presented yesterday at the Nigeria Teachers’ Summit 2026, held in Abuja, where the Minister of Education, Dr Tunji Alausa, stated that the government would sustain reforms aimed at empowering teachers and restoring dignity to the profession.

Alausa explained that the selection process was transparent and merit-based, with three teachers nominated from each of the 36 states and the Federal Capital Territory at both the basic and senior secondary school levels.

From the pool of nominees, 12 teachers; six from basic education and six from senior secondary education, emerged as national award recipients.

Each of the 12 awardees received a cheque of N25m.

The Overall Best Teacher of the Year, Solanke Taiwo from the South-West category, received an additional N25m, bringing his total prize to N50m.

In addition to the cash prize, Taiwo is to receive a brand new car from the Governor of Borno State, Babagana Zulum, as well as a fully furnished two-bedroom flat from the Ogun State Governor, Dapo Abiodun.

Also, the Governor of Kebbi State, Nasir Idris, pledged to give each of the award winners an additional N5 million.

The minister described the awardees as exemplifying professionalism, integrity, innovation and dedication to learners, noting that they represent the best of the teaching profession in the country.

“This is more than a reward. It is a national signal that teaching is a noble, respected, and valued profession in Nigeria,” he said.

Speaking at the summit themed ‘Empowering Teachers, Strengthening the System: A National Agenda for Education Transformation and Sustainability,’ the minister said the recognition of the teachers reflected the FG’s broader education reform agenda under Tinubu’s Renewed Hope Agenda.

“Teachers are the foundation of education, and education is the foundation of national development. No nation can rise above the quality of its teachers.

“No reform, no matter how well designed, can succeed unless teachers are empowered, motivated, supported, and respected,” Alausa said.

He pledged that the government would continue to invest in teachers through structured training, improved career pathways and fair rewards, noting that education remained central to national development.

Under the Renewed Hope Agenda, he said, “sustainable development, economic growth, innovation, and social cohesion depend on a strong and responsive education system and that system depends on teachers.”

As part of this commitment, the minister announced the launch of EduRevamp, a nationally coordinated Continuous Professional Development programme designed to modernise teacher training and improve classroom outcomes.

While the programme is open to teachers in both public and private schools, Alausa said performance-based incentives would be reserved for public school teachers who complete certified training.

“Professional growth must never be restricted. Every teacher deserves access to quality training, modern tools, and updated skills,” he said, adding that incentives would be tied to measurable performance.

He also highlighted complementary initiatives, including the Ignite digital platform to reduce teacher workload, the Diaspora Bridge programme to strengthen STEMM education, and the provision of 60,000 tablets for teachers with zero-data access to approved training platforms.

The minister further announced reforms to the Teachers Registration Council of Nigeria’s digital platform, the expansion of Communities of Practice, and progress on the Accelerated Teacher Training Programme aimed at fast-tracking professionalisation for in-service teachers.

To provide long-term stability, he said the government had introduced a National Teacher Policy to guide teacher development, welfare and professional standards nationwide.

Addressing the award recipients and other educators at the summit, Alausa described the government’s message as “professional growth, dignity in service, and renewed hope,” urging stakeholders to focus on tangible outcomes in classrooms across the country.

In her welcoming remarks, the Minister of State for Education, Professor Suwaiba Ahmad, underscored the central role of teachers in Nigeria’s education reform agenda.

Ahmad said the gathering was both timely and strategic, noting that the quality of any education system is inseparable from the quality, motivation and empowerment of its teachers.

She explained that the theme aligns directly with Nigeria’s current education priorities.

According to her, investing in teachers is the bedrock of sustainable reform and national development.

“Empowering teachers is not an isolated intervention; it is the foundation upon which sustainable education reform is built.

“When teachers are supported, trained, motivated, and valued, the entire system is strengthened, learning outcomes improved, equity expands, and national development is accelerated,” she said.

Describing the summit as a strategic national platform, Ahmad said it was designed to unite key stakeholders to address challenges in the education sector and advance practical reforms.

She noted that the forum brings together teachers, policymakers, education leaders, regulators, unions, development partners and private sector actors to strengthen teaching and learning outcomes nationwide.

In his goodwill message, the National President of the Nigeria Union of Teachers, Audi Amba, described the summit as a historic milestone in the recognition of teachers’ roles in national development.

Nigeria’s education sector has continued to grapple with longstanding challenges, particularly around teacher welfare, access to regular professional development, classroom capacity and infrastructure.

These issues have raised concerns among stakeholders about the quality of teaching and learning in many public schools. At the same time, industrial actions by education unions in recent years have further highlighted the pressures facing educators nationwide.

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We Draw Our Confidence From God -Fubara 

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The Rivers State Government has declared that it draws its confidence from the assurance that God is more than sufficient to guide its leaders, strengthen its institutions, and sustain its communities in peace and progress.

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?Rivers State Governor, Sir Siminalayi Fubara, made this declaration during the 2026 Holy Ghost Rally organised by the Redeemed Christian Church of God (RCCG) at the Adokiye Amiesimaka Stadium, Port Harcourt, on Sunday.

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?Speaking through his deputy, Prof. Ngozi Odu, the governor stated that “with the Almighty God on our side, our challenges are surmountable and our future remains hopeful,” noting that the theme of this year’s rally, “The All-Sufficient God,” is both timely and reassuring.

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This was contained in a statement from the office of the Deputy Governor, signed by the Head of Press, ?Owupele Benebo.

 

?According to Fubara, the theme serves as a powerful reminder that in a world filled with uncertainty, God remains our unfailing source, sufficient in wisdom, strength, provision, and grace.

 

He stressed that when human ability reaches its limit, God’s sufficiency prevails.

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?The governor commended the Redeemed Christian Church of God for its consistent spiritual impact and unwavering prayers for Rivers State and the nation, expressing appreciation for the Church’s contributions to promoting moral values, unity, and faith in God.

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?In his sermon, drawn from Genesis 17:1, the General Overseer of the RCCG, Pastor Enoch Adeboye, described the Almighty God, whose name is above every other name, as all-sufficient and capable of meeting every human need.

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?He noted that the God who created all things also has the power to repair and restore them.

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?Adeboye explained that while human effort, including medical intervention, may reach its limits, there comes a point where only God steps in to turn situations around, bringing hope where none seemed possible.

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?In his address, the Pastor in charge of the Rivers Family of the RCCG, Pastor Adesoji Oni, stated that the Port Harcourt Holy Ghost Rally, which began in 2015 and has now become an annual event, has been a tremendous blessing to the people of the State.

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Adesoji noted that the rally has drawn thousands of souls to God while impacting lives spiritually and physically.

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?He further disclosed that the Church has gone beyond preaching the gospel to actively engage in impactful initiatives through its Christian Social Responsibility programmes.

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?These include skills acquisition centres, maternity centres across the State, a rehabilitation centre for persons battling substance abuse, and an Innovative Mind Hub.

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