Nation
Senate Passes Proceeds Of Crime Bill For Second Reading
The Senate, yesterday, passed the Proceeds of Crime Bill for second reading.
The Bill titled, “A Bill for an Act to provide for a comprehensive legal and institutional framework for the recovery and management of proceeds of crime or benefits derived from unlawful activities, harmonize and consolidate the legal provisions on the recovery of proceeds of crime and related matters, 2021” was sponsored by Senate Leader, Yahaya Abdullahi (Kebbi North).
Abudullahi in his lead debate noted that the country has been striving to put in place an appropriate Proceeds of Crime legislation since 2007.
He said that efforts to develop a comprehensive bill have been impeded by agency rivalry since 2011.
Abdullahi said, “Effort to sign the Proceeds of Crime Bill into law in 2019 was delayed as a result of complaints by agencies that claimed that the Bill is intended to take away their powers.
“There are many compelling reasons to put in place a comprehensive legislation on recovered assets.
“During the evaluation of Nigeria in 2007 by the International Financial Action Task Force (FATF), they observed in their report that the legal framework for the recovery and management of stolen assets in Nigeria is inadequate and do not comply with international standards.
“At the same time, due to lack of centrally managed database on recovered assets, it is difficult to track and maintain the actual number of the seized assets, their location and their value.
“There have been reported and verifiable instances over the years that showed that some recovered assets were being misused, stolen or lost.
“Further investigations have shown that some of the agencies opened multiple accounts for the payment of forfeited assets without keeping proper records.
“It was against this background that Mr. President constituted the Presidential Audit Committee on Recovery of Assets (PACRA) in 2017.
“Not surprisingly, the committee’s findings re-iterated the need for comprehensive and more innovative approach in the management of recovered assets in a transparent and accountable manner so that these assets would become a source of revenue for the country as is the case in many developing and developed countries of the world.
“Following the submission of the report of PACRA in 2018, the President directed that the following measures amongst other be put in place pending the passing of the Proceeds of Crime Bill into law.”
The measures according to him, include, “The establishment of an Asset Recovery and Management Unit in the Federal Ministry of Justice (ARMU/ FMOJ);
“The opening of a central asset recovery (final forfeiture) account and a central (interim forfeiture) account in the Central Bank of Nigeria. This is to enable the FGN track all recovered assets and the benefits derived from them;
“Use of recovered assets/funds as a source of revenue in the Appropriation Act of 2018 and in subsequent Appropriation Acts.”
He added that the reason the country always have to sign these agreements is to convince other countries that the government is focused on the development of the country with the recovered assets and that it will be accounted for in a transparent manner.
He said: “Proceed of Crime legislation is seen as one of the vital conditions to secure Nigeria’s full membership of the Financial Action Task Force (FATF).
“Nigeria’s application has remained elusive as the agencies argue to retain their powers at the expense of national interest.
“The Bill has, however, taken into account the issues raised by the LEAs in relation to their continuing engagement in civil recovery without compromising the international applicable standards in United Nations Conventions.
“It is a generally accepted that crimes, particularly those in the category of economic and financial crimes are usually committed for profit purposes.
“Asset deprivation attacks criminality through this profit motive. In the same way that starving a thriving small business of capital hampers its growth, removing assets from criminal enterprises, including terrorist organizations, kidnapping organizations and bandits who must necessarily undertake their operations with funding from individuals within or outside the country will certainly hinder and deter their illicit operations.
“A strong asset recovery measure can also disrupt the activities of these criminal organizations and reduce the level of insecurity in the country.”
The Kebbi North lawmaker added that removing unlawful assets also, “Engenders confidence in a fair and effective criminal justice system and shows that nobody is above the law.
“Removes the influence of negative role models from communities; deters people from crime by reducing the anticipated returns.
“Provides a powerful disincentive to commit crime in the first instance; prevents reinvestment in criminal activity; and disrupts organised criminal activity.”
Besides, he urged his colleagues to note that “virtually all of the processes and procedures for recovery of proceeds and instrumentalities of crime are, in accordance with international practices, properly brought under judicial oversight and will no longer be left to the whims and caprices of any agency.
“Also noteworthy are the specific statutory timelines established under the proposed enactment to ensure that the constitutional rights of the citizens are guaranteed in the implementation of the recovery processes and procedures.
“Importantly, the exigency of Nigeria having in place this all important piece of legislation cannot be over-emphasised as Nigeria to date is still deficient in meeting this outstanding obligation under Recommendation 4 on Confiscation and Provisional Measures of the FATF Recommendations adopted by the FATF Plenary in February, 2012 and updated in June 2019.
“This FATF Recommendation requires countries to establish mechanisms that will enable their competent authorities to effectively manage and where necessary, dispose of property that is frozen, or seized or has been confiscated and requiring that the mechanisms to be established should be applicable both in the context of domestic proceedings and requests to and by foreign countries.”
Senators in their contributions supported the Bill and approved that it be read a second time when it was put to voice vote by Senate President, Dr Ahmad Lawan, at plenary.
Lawan thereafter referred the Bill to the Senate Committee on Judiciary, Human Rights and Legal Matters for further legislative work and to report back in two weeks.
The Presiding Bishop of Kingdom Life Gospel Ministries Outreach, Port Harcourt, Bishop Victor Uzosike, has described love as the bedrock of human existence, family stability and societal harmony, stressing that without love, nothing meaningful can thrive.
Bishop Uzosike made this assertion while speaking to journalists during the wedding ceremony of his daughter, Praise Uzosike, to Architect Chibuzor Akubueze on Saturday, December 20, 2025. The solemnisation was held at the Kingdom Life Gospel Ministries Outreach, Port Harcourt, and was attended by dignitaries from across Nigeria and beyond.
According to the cleric, love is not only the foundation of relationships but also a powerful force that determines the success of individuals, families and communities.
“If you do not love a place, that place will not bless you. If you do not love your children, they will not be useful to you. If you do not love your family, your family will become a strange island to you. What you do not love, you do not have. Love is the key,” he said.
Reflecting on his family’s journey, Bishop Uzosike said God’s love had sustained them through seasons of challenges and triumphs, noting that unity had remained their greatest strength.
“We have stayed together as one family. God has shown us love in miraculous and mysterious ways, especially during difficult times,” he stated.
Describing the wedding as an amazing and beautiful experience, the bishop expressed appreciation for the show of love from his daughter’s friends, many of whom travelled from the United Kingdom and Ghana to attend the ceremony. He revealed that some of them personally paid for their flights and accommodation, which he described as a rare display of genuine friendship.
He also disclosed that his first daughter, who lives in Manchester, United Kingdom, with her husband, could not attend the wedding due to tight schedules, but noted that she remains happily married and fulfilled.
While thanking guests for honouring his family with their presence, prayers and goodwill, Bishop Uzosike said he felt proud and grateful to God.
“One of the greatest gifts God can give to a man is children who are sound in all ramifications. My children can see, hear, speak and walk. That alone is enough reason to be grateful,” he said.
He praised the bride, describing Praise as an exceptional achiever who had distinguished herself academically. According to him, she completed secondary school at 15, graduated with First Class honours at 19, and earned distinctions in her MBA as well as her first and second master’s degrees.
“For a long time, people believed that highly educated women may not marry early or at all. Today, Praise has proved otherwise. She has made her mother and me very proud,” he said, describing her as a rare gem.
Bishop Uzosike also expressed joy over his son-in-law, whom he described as God-fearing, disciplined and professionally sound.
“He is well brought up, passionate about God and morally upright. His parents did a great job. My wife, Pastor Esther, also did an excellent job,” he added.
The wedding ceremony attracted prominent personalities, including the Deputy Governor of Rivers State, Prof. Ngozi Odu; the Chief Judge of Bayelsa State, Justice Matilda Ayemeyie; and several senior clerics.
Bishop Fidelis Ugbong officiated the solemnisation, while Apostle Chika Onuzo delivered the sermon, identifying communication, sex and money as key factors that can strengthen or weaken marriages.
Prof. Ngozi Odu also prayed for the couple and paid glowing tributes, drawing admiration from attendees.
The reception, held at the Golden Tulip Hotel, Port Harcourt, was equally colourful. Justice Matilda Ayemeyie proposed the toast, describing marriage as not always a bed of roses and emphasising patience, commitment and understanding.
The event was chaired by Chief Henry Nwabugo and attended by notable personalities, including retired Supreme Court Justice Mary Odili; Apostle David Zilly-Aggrey; Hon. Otunba Jumbo; Nze Best Anele; and Prof. Henry Ogiri, among others.
Guests were entertained with dance performances by the couple, while the parents’ outing added elegance to the celebration. The master of ceremonies, Ambassador Kingsley, kept the audience engaged with humour and interactive sessions.
Overall, the wedding was a remarkable blend of spirituality, culture and celebration, marked by love, joy and unforgettable moments.
Nation
2027: APC Chieftain Predicts Tinubu’s Victory …Says Bayelsa Stakeholders Supporting President en masse … IPAC Knitted Together, Working In Synergy With His Office
Chieftain of the All Progressives Congress(APC), in Bayelsa State and Special Adviser to the State Governor on Inter-Party Relations, Dr Jackson Ebi Suokiri has said President Bola Ahmed Tinubu would secure landslide win in the 2027 Presidential polls.
The Governor’s Aide stated this in Yenagoa, the state capital on Wednesday while fielding questions from newsmen against the backdrop of Tuesday’s pioneer Stakeholders meeting of the party convened by the State Governor, Senator Douye Diri as leader of the Party in the State upon his recent defection late last year.
He averred that Party stakeholders in the state were prepared to give the President the massive support needed to return elected, come 2027 following his sterling trajectory of performance and qualitative leadership prowess.
Dr Suokiri stressed that the reason for the governor’s swapping of party was in the best interest of the state, while also noting that the governor took the right decision as there was no need continuing with opposition politics even as the state has to align with the national government for rapid socioeconomic and political advantages for the state and its people.
“Governor Diri’s defection like you’ve personally heard him saying was for the best interest of our state, Bayelsa. When you’ve a President performing well at the national level and being very supportive to your state as a governor, I don’t think you’ve to be in an opposition party anymore, but rather align with the centre.
“Diri is a bridge builder. He is at peace with everybody and willing to work with all, irrespective of party affiliations or political differences for the interest of the state.
“As Stakeholders we’ve resolved to collectively work to return President Tinubu elected for second term in 2027. And you can see the Governor is not pressuring anybody or the structure of his former party, the PDP to defect like he has done.
“The PDP structure in the state is still intact, and for the APC, his new Party even as current leader in the State, he has been working with the structure and everybody he met on ground, hence you can see that the APC Caretaker Committee led by Dr. Dennis Otiotio has been maintained at the pioneer Stakeholders meeting convened by the Governor.
“But you must also know like you’ve seen and I’ve previously said that Governor Diri has outperformed expectations of Bayelsans in all sectors, be it economy, infrastructure, health, education, etc.”, he said.
Meanwhile, as against insinuations that some political parties were not working with the office of the Special Adviser to the Governor on Inter-Party Relations, the Governor’s Aide has revealed that as it were currently, all the 19 registered political parties with presence in the state are working in unity with his office as members of the Inter-party advisory council (IPAC).
“IPAC is working in unity with my office. Before the Governor’s defection the only party that wasn’t working with my office was the APC. But since after his formal defection, the APC and even those other parties that were either sympathetic to the APC, the governor’s new party or the PDP, his former Party are all now working together with my office as members of IPAC”, Suokiri added.
By Ariwera Ibibo-Howells, Yenagoa
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