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Alleged Fraud: Investors Protest At Christ Embassy In PH
Scores of victims of a forex firm, MBA Trading and Capital Investment Limited, last Sunday, picketed the Christ Embassy Church located on Peter Odili Road in Port Harcourt, the Rivers State capital.
The protesters, numbering over 50, said they invested various sums of money in the company with a promise to get their payment, but two years after, nothing has been heard from the company’s Chairman/Chief Executive Officer, Maxwell Odum.
The Economic and Financial Crimes Commission (EFCC) had declared the company’s Maxwell Odum wanted for alleged fraud in 2021, following a petition it received from the victims who stormed its premises to protest and demand the former’s arrest.
The protesters, including women, said they were going through untold hardship and suffering since the company allegedly collapsed, saying that some of them had died from depression, while some had been evicted from their houses due to their inability to pay rent.
The protesters, under the aegis of ‘victims of MBA forex fraud’, gathered at the road leading to the church with placards chanting songs to drive home their demands, saying, ‘Maxwell Odum, pay us our money.’
However, a mild drama occurred while they marched towards the church as a team of policemen stopped them from going further.
But irked by the presence of the security operatives, the protesters raised their voices and continued singing.
Some of the inscriptions on the placards read, ‘My hard-earned money should not be your tithe’, ‘Maxwell, when will your stories expire?’ ‘Maxwell, I can’t feed well again because of you,’ ‘Our children are driven out of school for lack of fees.’
Others were: ‘How do you even sleep at night?’ ‘Stop fraud; pay us our money, ‘investors are in pains,’ and many more.
This was as the policemen blocked them with three patrol vans while some officials of the church trooped out to know what the situation was.
Speaking to newsmen, the leader of the protest, Christian Agadaga, said they were in the church to register their grievances because the failed firm’s boss, Odum was a member of the Christ Embassy.
Agadaga said, “Victims of the MBA forex fraud have assembled at Christ Embassy Church at Odili Road in Port Harcourt today to register our displeasure and to say how we feel.
“Our pain, agony, and our calamities are because of just one man, Odum, who defrauded Nigerians who invested in his company to the tune of N213billion.
“He promised to pay the returns on our investment but today, he is nowhere to be found,” he alleged.
Agadaga said, “While we were trying to recover from the shock for over two years now, recently, the EFCC has declared three persons wanted. From our findings, these persons are all members and workers of this church, Christ Embassy.
“We have come here to let the leadership of the church know our pains. We want to use this opportunity to appeal to the founder of this church, Pastor Chris Oyakhilome, a man we have seen for some time now, who doesn’t tolerate misconduct.
“For him (Oyakhilome) to have, some days ago, suspended his relation from all church activities over an action he didn’t find pleasing, shows the kind of person he is.
“We are appealing to him to immediately reveal the hiding places of these persons, declare wanted those that are members and part of his church to the EFCC.
“We cannot take this anymore. Some of us have died. Some are hospitalised. Few of us that are still alive are not sure of tomorrow. Many of us are homeless as a result of this fraud meted out on us by pastors of Christ Embassy.”
He added, “Now, we are asking our money as victims whose money has been siphoned, the pastors should return the money now to the EFCC. We cannot tolerate this anymore because we cannot continue to die in silence. We must take our money back.”
He also gave a five-point demand to the EFCC to apprehend all those allegedly linked to the fraud.
“We demand that the EFCC launch a full-scale manhunt against all persons declared wanted in connection with the MBA forex fraud and recover all assets belonging to them.
“We demand that all bank managers, directors and members of staff, who aided and abetted all illegal transactions on the MBA forex be made to face the law.
“We demand that the EFCC open all properties so far ceased for the temporary usage of all victims of the MBA forex, pending when the promises made to them are fulfilled.
“Because the MBA forex investors can no longer endure this frustration, we are giving the EFCC 21 working days to immediately swing into action and make sure all those declared wanted are arrested and prosecuted.
“It has taken almost two years and Odum has not been arrested. We demand that the EFCC show sincerity in this fight by declaring a reward to any person, group or institution across the world with information that could lead to his arrest,” he stated.
But speaking to our correspondent, an official of the church, who did not want his name in print, expressed sadness that the protesters would come to disrupt ongoing service.
“Why would they bring their protest to the temple of God? This is a church. It is completely unacceptable. This is sacrilege,” he said.
News
NDLEA Intercepts 1.63m Tramadol Pills, Arrests 80-Year-Old Suspect
The National Drug Law Enforcement Agency (NDLEA) has intercepted 1.63 million pills of tramadol concealed in two long trailers heading for Kano as it intensified efforts to dismantle a transnational drug trafficking syndicate operating along the Togo-Benin Republic-Nigeria corridor.
The agency also arrested an 80-year-old suspected drug dealer in Rivers State, a businesswoman linked to cannabis shipments from Canada, a Chadian woman, a couple and other suspects in coordinated operations across Lagos, Edo, Kogi and Rivers states.
The NDLEA’s Director of Media and Advocacy, Femi Babafemi, disclosed this in a statement, yesterday.
According to the statement, the latest intelligence-led operation came barely one week after NDLEA operatives recovered 558,900 pills of tramadol concealed in the false-bottom compartment of a truck that entered Lagos through the Togo-Benin Republic route.
Babafemi said, “Ongoing efforts to dismantle a transnational drug trafficking syndicate smuggling tramadol from Togo, through Benin Republic into Nigeria have yielded another success with the interception of two long trailers used to move One Million Six Hundred and Thirty (1,630,000) pills of tramadol 250mg concealed in fabricated compartments of the trucks across multiple borders into Lagos.”
He added that one of the two trailers was intercepted on July 2 along the Lagos-Ibadan Expressway, where operatives recovered 853,000 pills of tramadol 250mg concealed in a fabricated compartment beneath the cargo floor.
Babafemi said, “One of the two trucks already heading to Kano was tracked and located on 2nd July 2026 along the Lagos-Ibadan Expressway where NDLEA officers recovered 853,000 pills of tramadol 250mg concealed in a fabricated compartment beneath the cargo floor of the trailer and arrested the 22-year-old driver Jabir Kabiru.”
He further disclosed that another trailer was intercepted two days later on the same route.
“Two days later, 4th July, NDLEA operatives acting on processed intelligence successfully tracked and recovered the second trailer from the Lagos-Ibadan Expressway while heading to Kano. A total of 777,000 pills of tramadol 250mg concealed in a fabricated compartment beneath the cargo floor of the truck were evacuated and the 22-year-old driver Muhammed Nuhu arrested,” the statement read.
According to Babafemi, investigations established a link between the three intercepted consignments.
He said, “Investigations revealed that all three trucks and consignments intercepted on 21st June, 2nd July and 4th July belong to the same transnational drug trafficking syndicate operating along the Togo-Benin Republic-Nigeria axis.”
The agency also intercepted 4.70 kilograms of Canadian Loud, a synthetic strain of cannabis, at the import shed of the Murtala Muhammed International Airport, Ikeja, Lagos.
Babafemi said, “Two consignments of Canadian Loud, a synthetic strain of cannabis, with a combined weight of 4.70 kilograms have been intercepted at the import shed of the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos. The cargoes, which arrived the Lagos airport from Canada in cartons with ‘Odugwu’ boldly written on them, came aboard British Airways and Ethiopian Airlines flights on 24th June and 3rd July respectively.”
He said two cargo agents, Ali Rotimi Samson and Orimolade Oluwagbenga, were initially arrested in connection with the shipments, while another suspect, Edeh Onyeamachi Stanislus, was apprehended after arriving at a logistics company to take delivery of the consignments.
News
FG Alerts Nigerians Of N50,000 Allowance Registration Scam
The Federal Ministry of Humanitarian Affairs and Poverty Reduction has denied claims that it has commenced registration for a purported ?50,000 National Support Allowance.
The ministry, in a public notice posted on its official X handle, yesterday, described messages, links and websites advertising the alleged programme as fraudulent.
It urged Nigerians to disregard such claims and verify information only through official government channels.
“The Federal Ministry of Humanitarian Affairs and Poverty Reduction has NOT commenced registration for any ?50,000 National Support Allowance,” the ministry said.
It added, “Disregard fraudulent messages, links and websites claiming otherwise. Verify any info only through official govt channels.”
The alert is in response to a circulating scam flyer that falsely claims the program is ongoing under President Bola Tinubu’s directives.
The fake advertisement, which includes text in Hausa and English, directs victims to a suspicious website (kluspz.com) for applications.
The ministry’s warning comes amid heightened concerns over digital fraud targeting vulnerable populations seeking social support.
Similar scams have previously surfaced around programs like N-Power, prompting questions from citizens in replies to the official post.
News
Minimum Wage Review: We’re Battle Ready For Major National Struggle -NLC
The Nigeria Labour Congress (NLC) has expressed its preparedness for a major national struggle for a comprehensive review of the national minimum wage.
NLC President, Comrade Joe Ajaero, hinted at this while making his remarks at the commissioning of the Comrade Godwin Abumisi Pensioners Legacy House and Multipurpose Hall in Abuja.
Ajaero said it is no longer acceptable to discuss the welfare of workers without also discussing the welfare of those who have completed their active years of service.
He advised workers and pensioners to get prepared for the ideological and economic battles that lie ahead.
According to the NLC president, “The Nigeria Union of Pensioners (NUP) is one of the proud affiliates of the Nigeria Labour Congress. Therefore, your struggle is our struggle, and your welfare remains a priority for the organised labour movement.
“We are currently in the preparatory stages for a major national struggle for a comprehensive review of the national minimum wage.
“However, let me state unequivocally that it is no longer acceptable to discuss the welfare of workers without also discussing the welfare of those who have completed their active years of service.
“Accordingly, the Nigeria Labour Congress will not only push for a new national minimum wage but will also demand the establishment of a national minimum pension. It is a historical injustice that men and women who devoted their youth, strength and productive years to the service of this nation should be condemned to live below the poverty line after retirement.”
Ajaero noted that the cost of living has risen astronomically as food, healthcare and transportation have become increasingly unaffordable.
“We cannot continue to allow our senior citizens to survive on pensions that have become poverty wages. Every retiree deserves to live with dignity after decades of faithful service to the nation,” he said.
He urged pensioners across the country to remain united and prepared as the process begins, adding: “This Legacy House should not merely be seen as a physical structure; it should become a centre for mobilisation, strategic engagement and solidarity as we prepare for the struggles ahead.”
The NLC president pointed out that the working class has always understood that “those who exploit workers are united in advancing their interests. We too must remain united in defending our collective interests and ensuring that government fulfils its obligations to both serving workers and retirees.”
He urged pensioners across the country to remain united and prepared as the process begins, adding: “This Legacy House should not merely be seen as a physical structure; it should become a centre for mobilisation, strategic engagement and solidarity as we prepare for the struggles ahead.”
The NLC president pointed out that the working class has always understood that “those who exploit workers are united in advancing their interests. We too must remain united in defending our collective interests and ensuring that government fulfils its obligations to both serving workers and retirees.”
He said the completion of the project should serve as a clarion call to all workers and lovers of the masses.
“We must not only build physical structures but also build a strong movement capable of compelling government to honour its commitments,” he said.
Ajaero further stated: “We will continue to demand the immediate payment of all outstanding pension arrears and the implementation of a pension regime that guarantees every retiree a life of dignity and security.
“Together, we shall continue to fight until every Nigerian worker and pensioner receives the justice, respect and welfare they deserve.”
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