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BIG STORY

NDLEA Traces N4.2bn To Abba Kyari, Co-accused’s Accounts

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Fresh facts have emerged on how suspended super cop and former Commander of the Intelligence Response Team, DCP Abba Kyari; as well as his deputy, ACP Sunday Labuan, allegedly received a combined N4.2bn from their separate bank accounts.

The details are part of a report sent to the Attorney-General of the Federation, Abubakar Malami, by the NDLEA.

According to the drug enforcement agency, not less than N1.4bn passed through Kyari’s account while he was commander of the IRT.

However, Kyari’s deputy, Labuan, may have received far more than him as not less than N2.8bn was traced to his eight bank accounts.

According to investigations, Labuan allegedly received a lump sum of N2.664bn on August 15, 2019. The NDLEA is now working on the assumption that the sums traced to Kyari and his deputy may be connected to the sale of some illicit substances including Tramadol worth N3bn.

A source said, “You will recall that the NDLEA is investigating an allegation that Kyari and his team seized a large consignment of tramadol in a warehouse at Amuwo Odofin in Lagos. The consignment was worth about N3bn.

“The IRT under Kyari’s command seized these drugs and they are believed to have sold the consignment to a cartel afterward. It was around the time of this seizure that Kyari’s deputy received a deposit of N2.664bn in his bank account. Out of this money, he purchased FBN Insurance shares worth about N100m.”

NDLEA seeks AGF’s approval to confiscate Kyari’s assets, bank accounts

Meanwhile, the NDLEA has written a letter to the AGF seeking his approval for the confiscation of properties and assets belonging to the once-revered super cop.

It was gathered that the NDLEA’s request was dispatched to the justice minister last week following the March 7 arraignment of Kyari and his men for dealing in cocaine.

Kyari is facing eight counts of conspiracy, obstruction, and dealing in cocaine, and other related offenses at the Federal High Court, Abuja.

The other defendants in the charge marked FHC/ABJ/57/2022, are four members of the IRT, Labuan, Bawa James, Simon Agirigba, and John Nuhu.

Two other suspects arrested at the Akanu Ibiam International Airport in Enugu, Chibunna Patrick Umeibe and Emeka Alphonsus Ezenwanne, were also listed as defendants.

Kyari has been indicted in the United States for alleged involvement in a $1.1m scam carried out by a notorious Internet scammer, Ramon Abass, a.ka. Hushpuppi was suspended by the police last July.

A source said the drug agency’s request is receiving the AGF’s attention, noting that Malami was in the process of approving the seizure of the embattled DCP’s assets and property to ensure he did not benefit from the proceeds of crime.

Our correspondent gathered that the ex-IRT commander’s assets that will be confiscated include cash and money in bank accounts, vehicles, real estate, notably hotels, residential and commercial buildings; personal effects such as wristwatches, jewelry, and other valuable possessions.

It was gathered p that the AGF’s approval was required by the NDLEA to seize a suspect’s property pending conviction by the court.

A senior officer stated, “Under the NDLEA Act, the NDLEA cannot forfeit his assets unless based on the consent of the Attorney-General. The NDLEA wrote last week and the AGF is considering the request.”

The NDLEA spokesman, Mr. Femi Babafemi, confirmed the development, saying, “It’s a normal procedure to seek approval for a no debit order on suspects’ bank accounts when suspicious transactions are noticed in such accounts.”

Meanwhile, the Ministry of Justice has denied changing its legal opinion in respect of the money laundering case against Kyari, stating that the prima facie case against him still subsists.

The Director of Public Prosecution, Ministry of Justice, Mohammed Abubakar, said the AGF has not issued another opinion on the case, noting that the legal advice issued to the police in January still stands.

Abubakar told our correspondent on the phone on Sunday that the police were expected to probe the allegation but failed to carry out the necessary forensic analysis of the phones of the suspects which could have provided the money trail linking the senior police officer to Hushpuppi’s syndicate members.

He said, “You rightly quoted our first opinion where we said they (police) should establish the linkages- trace the money trail. We didn’t say the case file doesn’t contain sufficient evidence. It was their (police) response we were referring to. The prima facie evidence we said exists still exists.

“The response they sent to us after we sent in our opinion did not sufficiently address the issues we raised. That was the point we raised; maybe, we should have done it differently. We didn’t abrogate our opinion. Our legal opinion still subsists; you don’t seek for legal opinion twice.

“There is nowhere we said we changed our position. If you look very well, our position is the same as that of the Police Service Commission. When you have a case and you need further investigation and that further investigation is not conducted, you cannot go to court with half evidence.”

Speaking on the gaps in the police investigation, the DPP added, “Normally, they should have done the forensic analysis of the phone records of all the suspects and that would have given them an idea of how they dealt with the money, which sent the money, when they collected the money, what they did with it. They didn’t do all of these.”

In a separate statement by his Spokesman, Umar Gwandu, the AGF stated that he had not changed his opinion on Kyari’s indictment. Rather, he only called for a further probe, a demand which may have been misunderstood.

The statement read in part, “It was a case of work in progress in respect of which the office of the AGF requested for further probe about some aspects of the investigation.

“It was clear that the conclusion on the alleged contradiction on the issue was a clear misconception. The office of the Attorney General of the Federation and Minister of Justice’s stance is that no conclusion has been reached in the direction of the absence of evidence relating to the first report.”

BIG STORY

“I No Longer Identify As Nigerian” — Kemi Badenoch Finally Denounces Nigerian Citizenship

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Kemi Badenoch stated that she no longer identifies as Nigerian and does not possess a passport from the country.

The Tory leader, who was raised in Lagos and has Yoruba roots, mentioned that she has not held a Nigerian passport for about twenty years. Badenoch explained that although she knows the country “very well” and maintains an interest in its affairs, she believes her “home is where my now family is”.

While speaking on the Rosebud podcast, she said: “I have not renewed my Nigerian passport, I think, not since the early 2000s. I don’t identify with it any more, most of my life has been in the UK and I’ve just never felt the need to.”

She continued: “I’m Nigerian through ancestry, by birth despite not being born there because of my parents, but by identity, I’m not really. I know the country very well, I have a lot of family there, and I’m very interested in what happens there. But home is where my now family is, and my now family is my children, it’s my husband and my brother and his children, in-laws. The Conservative Party is very much part of my family, my extended family, I call it.”

Following the death of her father, Femi Adegoke, a doctor, in 2022, Badenoch said she had to obtain a visa to travel to Nigeria, describing the process as a “big fandango”.

She was born in a private hospital in Wimbledon, South West London, in 1980 before her parents took her to Nigeria. She was among the last to benefit from Britain’s birthright citizenship rule, which was abolished by Margaret Thatcher the following year.

Badenoch recalled feeling both British and Nigerian during her upbringing in Lagos. She said: “Finding out that I did have that British citizenship was a marvel to so many of my contemporaries, so many of my peers.”

She added that the reason she returned to the UK was a difficult one, saying it was because her parents believed “there is no future for you in this country”.

She also remembered “never quite feeling that I belonged there” while in Nigeria.

Badenoch has faced criticism from Lagos politicians over remarks she has made about Nigeria. She has often referenced her experiences in a country affected by corruption, military rule, and described Lagos as a place where “fear was everywhere”.

In December, Nigeria’s vice-president remarked that Badenoch “has every right to remove the Kemi from her name” if she was not “proud” of her Nigerian roots.

A spokesperson for Badenoch later clarified that she “stands by what she says” and that she is “not the PR for Nigeria”.

Arriving in the UK at age 16 to study, Badenoch shared on the podcast that she did not face racial discrimination in Britain “in any meaningful form”.

She said: “I knew I was going to a place where I would look different to everybody, and I didn’t think that that was odd. What I found actually quite interesting was that people didn’t treat me differently, and it’s why I’m so quick to defend the UK whenever there are accusations of racism. I did not experience prejudice in any meaningful form. That doesn’t mean prejudice doesn’t exist, that it doesn’t happen, many people do. But I didn’t, not seriously.”

She described the parliamentary group as an “extended family with lots of drama”.

She added: “I do see the Conservative Party as family, so much of what we do goes beyond party policy. It’s instinct, we recognise each other, we have the same sort of squabbles, and it’s why when people ask me about plots I just think, ‘eh, this is extended family stuff’. Anybody who’s got an extended family with lots of drama will recognise that.”

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BIG STORY

FG, States Launch Grassroots Development Scheme To Tackle Poverty, Unemployment

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The federal government and state governors have introduced a new initiative — the renewed hope ward development programme — aimed at creating employment, enhancing food security, and alleviating poverty.

The initiative was introduced on Thursday during a session of the national economic council (NEC) chaired by Vice-President Kashim Shettima in Abuja.

Reports indicate that the scheme is designed to directly empower at least 1,000 economically active individuals in every ward across Nigeria, thereby stimulating grassroots economic growth.

While addressing the press after the meeting, Atiku Bagudu, minister of budget and economic planning, said President Bola Tinubu, who was present at the meeting, described the programme as “a historic next step” in the administration’s reform agenda.

“Having stabilised the macroeconomy, the next step is to drill development down to the lowest levels so that, in all 8,809 wards, we can stimulate economic activity that will generate employment, reduce poverty, enhance food security, and strengthen social protection,” Bagudu said.

He noted that the programme will be co-funded by the federal, state, and local governments, capitalising on rising revenues from the federation account and complementing other development initiatives.

Bagudu explained that the project is grounded in Chapter Two of the Nigerian constitution, which compels all levels of government to harness national resources and encourage a self-reliant economy.

He referred to the effort as “a federation project” and said NEC approved his ministry to coordinate the programme as its secretariat.

Citing the recent International Monetary Fund (IMF) Article IV report, he pointed out that Tinubu’s reforms — including the removal of petrol subsidies, unification of foreign exchange (FX) markets, and improved revenue mobilisation — have strengthened Nigeria’s economic foundations.

“Mr president believes that to reduce poverty and food insecurity, we must invest collaboratively in the creative energy of Nigerians in every ward. Having achieved macroeconomic stability, this programme is the natural next step,” he said.

Hope Uzodinma, governor of Imo state, also spoke and confirmed the council’s unanimous support for the initiative, describing it as a tool to ensure reforms reach “the common man on the street.”

“The country is earning more money now, and so are subnational governments,” Uzodinma said.

“The president brought a programme that will fast-track the process of this additional money making a bigger impact by trickling down to the grassroots.

“This is how Nigerians will begin to feel the renewed hope agenda at their level.”

He highlighted that Tinubu’s reform policies are beginning to yield positive outcomes and emphasised the need to channel those benefits to the grassroots.

Uzodinma also mentioned that NEC deliberated on environmental impact assessments for major infrastructure projects, such as the Lagos-Calabar coastal road and the Sokoto-Badagry highway.

He said the council plans to establish a committee to align federal and state actions for the swift execution of these projects.

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BIG STORY

Trump Hits Nigeria With 15% Tariff In Revised Global Trade Blitz

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Nigeria, along with several other African nations, has been subjected to a 15 percent import tariff following a broad executive directive issued by United States President Donald Trump.

The White House disclosed the updated reciprocal tariff framework on Thursday.

Back in April, Trump had introduced extensive tariffs on various international trade partners, placing a 14 percent duty on Nigeria.

The implementation of these “reciprocal” tariffs was initially delayed for 90 days to allow time for bilateral trade negotiations, with the new deadline set for August 1.

Despite the extensions, most discussions did not lead to any new trade arrangements, prompting the enforcement of higher tariffs as part of Trump’s updated global trade strategy.

Across Africa, the United States was unable to finalize a single trade agreement, despite considerable efforts made by officials from both sides.

While countries explored options to navigate the tariff challenges, Trump also placed travel bans on multiple African nations.

Nigeria was not part of the original list, but was eventually included as the policy developed further.

Yusuf Tuggar, Nigeria’s minister of foreign affairs, mentioned that West African countries had intentions to enhance trade relations with the US but saw the travel bans as a major hindrance.

Here is the breakdown of the revised tariff categories:

10% – Falkland Islands, United Kingdom, and all other nations excluded from the executive order
15% – Afghanistan, Angola, Bolivia, Botswana, Cameroon, Chad, Costa Rica, Côte d’Ivoire, Democratic Republic of the Congo, Ecuador, Equatorial Guinea, Fiji, Ghana, Guyana, Iceland, Israel, Japan, Jordan, Lesotho, Liechtenstein, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Nauru, New Zealand, Nigeria, North Macedonia, Norway, Papua New Guinea, South Korea, Trinidad and Tobago, Turkey, Uganda, Vanuatu, Venezuela, Zambia, Zimbabwe
18% – Nicaragua
19% – Cambodia, Indonesia, Malaysia, Pakistan, Philippines
20% – Bangladesh, Sri Lanka, Thailand, Taiwan, Vietnam
25% – Brunei, India, Kazakhstan, Moldova, Tunisia
30% – Algeria, Bosnia and Herzegovina, Libya, South Africa
35% – Iraq, Serbia
39% – Switzerland
40% – Laos, Myanmar (Burma)
41% – Syria

China, which remains in a prolonged trade dispute with the United States, is still actively negotiating with the Trump administration.

Canada received a 35 percent tariff, while Mexico was hit with several levies including 25 percent on fentanyl, 25 percent on automobiles, and 50 percent on steel, aluminum, and copper, all of which will take effect in 90 days.

Brazil was initially given a 10 percent tariff.

However, an additional 40 percent duty was introduced on Thursday, raising Brazil’s total tariff rate to 50 percent.

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