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Alleged N20.1M Fraud: Court Rules In Favour Of Ex-NBA Officers

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Justice Mojisola Dada of an Ikeja Special Offences Court yesterday granted bail to three former executives of the Ikeja Branch of the Nigerian Bar Association (NBA), accused of defrauding the association of N20.1 million.
Our correspondent reports that Dada in a ruling granted former chairmen – AdesinaOgunlana, YinkaFarounbi (first and second defendants) and former treasurer AderinolaKappo (third defendant) bail in the sum of N500, 000 each with two sureties in like sum.
The judge noted that the Economic and Financial Crimes Commission (EFCC) failed to provide proof that the defendants, especially the first defendant (Ogunlana) tampered with prosecution witnesses.
She also noted that the anti-graft agency did not provide proof that the defendants jumped administrative bail or that the third defendant (Kappo) provided a fake address to the EFCC.
She said: “The allegation that the three defendants jumped administrative bail was not proven; although the first and third defendants said they were not around on the last Friday they were supposed to appear before the EFCC”
“They, however, presented themselves the next Monday for arraignment, despite not being served by the EFCC.
“There is no evidence that shows that the EFCC investigated the claims of the third defendant that she was in a hospital in Badagry on that Friday.
“The EFCC also failed to produce the second defendant (Farounbi) in court for arraignment, despite being in EFCC custody up until then.
“Failure to appear on the last Friday should not be sufficient reason to deny them bail but they will not be granted bail on self-recognition”
“The defendants are granted bail in the sum of N500, 000 and two sureties in like sum, one of whom must own a landed property within the jurisdiction of the court.
“The defendants shall remain on temporary bail, pending the perfection of their bail within two weeks, failure of which they will be remanded in prison”.
Following the ruling, Dada adjourned the case until July 3, 9 and 10 for the commencement of trial.
Farounbi served as NBA Ikeja Branch Chairman from 2014 to 2016 with Kappo serving as Treasurer during Farounbi’s tenure while Ogunlana served as NBA Ikeja Branch Chairman from 2016 to 2018.
The trio are jointly charged with conspiracy to steal.
Ogunlana is charged with 15-count of stealing and a count of money laundering while Farounbi and Kappo are jointly charged with 13-counts of stealing.
They, however, plead not guilty to the 30-count charge.
The former NBA Ikeja Branch officers were accused by the EFCC of conniving and stealing N20.1 million, belonging to the body of lawyers.

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Victory Over Insurgency Certain, Tinubu Assures

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President Bola Tinubu has expressed confidence that the country would win the fight against insecurity.

The President gave the assurance at the Argungu International Fishing Festival in Argungu town, Kebbi State, on Saturday.

He noted that the relative peace currently being enjoyed in Kebbi and neighbouring states was the result of sustained investments in security intelligence, coordination among security agencies, and community engagement.

Tinubu assured farmers and fishermen of sustained federal support to guarantee food security and safety across the country.

“The peace we are witnessing today is not accidental. It is the outcome of deliberate and sustained efforts. I assure you that the fight against banditry, insurgency, and insecurity will be won.

“Our farmers, fishermen, traders, and families will go about their lawful activities without fear,” he assured.

The President commended the organisers of the festival for sustaining the cultural event for decades, noting that it had endured for 83 years despite social and security challenges.

Describing the Argungu festival as a powerful symbol of unity, resilience, and peaceful coexistence, Tinubu stated that it reflects the richness of the country’s culture and the opportunities to harness its natural and human resources for national growth.

He said, “Today, this festival stands as a powerful symbol of unity, resilience, and peaceful coexistence among our people.

“It reflects the richness of our culture, the strength of our traditions, and the opportunities inherent in harnessing our natural and human resources for national development.”

The President was received by a large crowd of residents, traditional rulers, fishermen, tourists, and government officials from across the country.

The President reaffirmed his administration’s commitment to youth and women empowerment, irrigation development, rural electrification, and agricultural productivity.

Earlier, the Kebbi State Governor, Nasir Idris, said his administration was determined to elevate the Argungu Fishing Festival to full international standards while pursuing aggressive development across critical sectors of the state.

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US Embassy, Lagos Consulate Close Today For President’s Day

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The United States Embassy in Abuja and the Consulate General in Lagos will be closed today, in observance of Presidents’ Day.

The mission made this known in a notice shared on its official X page, yesterday.

“The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 16, 2026, in observance of Presidents’ Day,” the post read.

According to the embassy, Presidents’ Day was originally established to honour the birthday of the former US President, George Washington, but has evolved into a day to celebrate all U.S. presidents and their leadership in shaping the country’s history.

The embassy noted that the holiday also recognises the influence of U.S. presidents on global affairs.

In a related message, the mission highlighted that Washington created the first “Badge of Military Merit,” which later became the Purple Heart. The medal still bears Washington’s image today.

Presidents’ Day is observed on the third Monday of February annually in the United States as a federal holiday.

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Guterres Backs Nigeria’s Bid For UN Security Council Seat …Hails Tinubu’s Reforms, Regional Security Role

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United Nations Secretary-General, António Guterres, has charged Nigeria with spearheading Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.

Guterres, who backed Nigeria’s bid for the world body’s security council seat, also praised the economic reforms of the President Bola Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions, despite facing its own security challenges.

The UN scribe made the remarks last Friday night during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.

Speaking during the meeting, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism placed it in a unique position to lead Africa in the evolving global order.

“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” he said.

The UN Secretary-General and the vice president discussed key developments in Nigeria and the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.

Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.

The meeting focused on strengthening Nigeria–UN collaboration to advance global economic growth, peace and security, sustainable development, and a coordinated humanitarian response across Africa.

In his remarks, Shettima thanked the UN Secretary-General for his leadership in advancing global peace, noting that Africa has benefited immensely from his tenure, even as the United Nations undergoes internal restructuring.

“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” the vice president said.

Shettima also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.

He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.

Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across Africa.

 

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