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Wanted Drug Baron Arrested In Ondo

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The wanted drug kingpin behind the 2,000.6 kilograms of cannabis Sativa seized in a concrete mixer truck in Adamawa State last December, Henry Okamaru (a.k.a. Lawrence Ik Okamaru), has been arrested in Ondo State after five months of a manhunt by operatives of the National Drug Law Enforcement Agency (NDLEA).

Two suspects, Matthew Donuwe and Friday Nmborgwu were arrested in connection with the consignment last December and had confessed that the concrete mixer truck with Lagos registration number SMK 890 XB was loaded with the illicit drug in Ogbese, Ondo State, while they traveled for two months on the road before arriving Adamawa where they were eventually arrested by NDLEA operatives.

A statement on Sunday by the spokesman of the NDLEA, Femi Babafemi, said investigations have revealed that Okamaru is one of the leaders of a cannabis cultivation cartel that operates in the Ondo-Ekiti axis, and shuttles between Osun, Ondo, Ekiti, Edo and Delta States from where he coordinates supplies of illicit consignments to the northern part of the country and Lagos State.

According to Babafemi, the drug lord has also been identified as a member of an international drug trafficking ring and shuttles between Nigeria and South Africa where he settles his family.

He has strong control and stake in cannabis cultivation in Ondo, Edo, Ekiti, Osun, and the Oyo States with large storage facilities in Lagos and Abbi in Delta State from where his consignments are distributed all year round.

Also, a 36-year-old Nigerian based in Italy, Nwakanma Uche, has been arrested at the Nnamdi Azikiwe International Airport, Abuja for ingesting pellets of heroin.

Nwakanma was nabbed while trying to board the Air France Airline Enroute Abuja-Paris-Milan, Italy on Sunday, May 15, 2022. He was thereafter kept under observation, while he excreted 95 pellets of the illicit drug.

He claimed he came to see his parents in Nigeria after 12 years in Italy and to complete his father’s traditional marriage rites, adding that he was to be paid N1.5 million after the successful delivery of the drugs in Milan.

Babafemi said across five states of Edo, Kaduna, Kogi, Akwa Ibom, and Oyo, NDLEA operatives intensified their offensive action against drug cartels.

In Edo, a pharmacy along Sapele Road, Benin, was raided last Friday following intelligence and prolonged surveillance, the owner of the store, Thaddeus Uliagbafusi, 58, was arrested while a total of 130,670 tablets of different controlled drugs, 1,396 ampoules of pentazocine injection and 743 bottles of codeine were recovered from a secret location where the drugs are repackaged.

Babafemi said this followed a similar raid of a drug joint operated by Mrs. Christianah Gabriel, 53, at Uromi, Esan North-East LGA, Edo State, who was arrested with 25 kilograms of cannabis.

According to him, 15,000 ampoules of pentazocine injection were seized by operatives in Kaduna along Abuja-Kaduna express road, and 12,500 tablets of Diazepam were intercepted along the Okene-Abuja highway on Thursday 26th May.

The drug exhibits were found inside a truck conveying motor spare parts from Onitsha, Anambra State to Kaduna.

In Akwa Ibom, a female drug dealer, Irene Bassey, was arrested last Saturday, during a search of her house at Ikpa town, Esit Eket LGA where 30.5 kilograms of cannabis was recovered, while one Muideen Rasaki was nabbed with 90.8 kilograms of cannabis at Elere, Boluwaji area of Ibadan South-East LGA.

Meanwhile, while commending the officers and men of the Directorate of Intelligence, NAIA, Edo, Kaduna, Kogi, Akwa Ibom, and Oyo State Commands of the agency for the series of arrests and seizures in the past week, the Chairman/Chief Executive of NDLEA, Brig. Gen. Buba Marwa (rtd), charged them and their compatriots across the country not to relent in their offensive action against drug cartels and their kingpins.

BIG STORY

JUST IN: Police Arrest Yahaya Bello’s ADC, Security Details

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The Nigeria Police Force has detained a female police officer who was the aide-de-camp to embattled former Kogi State Governor, Yahaya Bello, Saturday PUNCH is reporting.

The ADC was arrested alongside other police officers attached to 48-year-old Bello and is being detained at the State Criminal Investigation Department, Federal Capital Territory, Abuja.

Their arrests and detention followed a Thursday night order by the Inspector General of Police, Olukayode Egbetokun, directing their immediate withdrawal from the former governor.

Senior police sources, who spoke to our correspondent on the condition of anonymity because they did not have authorization to comment publicly on the matter, noted that the officers were arrested on the suspicion that they aided and abetted Bello’s escape from operatives of the Economic and Financial Crimes Commission, who had gone to effect his arrest at his Abuja home on Wednesday.

“The ADC and the other police details attached to Yahaya Bello have been arrested and detained.

“They were arrested on the order of the IG, on the suspicion that they aided and abetted the former governor’s escape from the EFCC on Wednesday,” one of the sources told our correspondent in a telephone conversation on Friday.

Another source said, “Yahaya Bello’s female ADC and other police officers attached to him were brought to the command this morning, and they’ve been detained for aiding and abetting (the governor’s escape).”

Egbetokun had, on Thursday night, ordered the withdrawal of all police officers attached to Bello.

The order for the withdrawal was contained in a police wireless message sighted by our correspondent on Friday morning.

The document read, “CB:4001/DOPS/PMF/FHQ/ABJ/VOL.48/ 34 X ORDER AND DIRECTIVES X FOLLOWING MESSAGE RECEIVED FROM NIGPOL.

“DOPS ABUJA X BEGINS X CB:4001/DOPS/FHQ/ABJ/VOL.21/462 DTO:180955/04/2024 X ORDER AND DIRECTIVES X REF MYLET NO CB:3412/DOPS/FHQ/ABJ/VOL.1/36 DATED 15/04/2024 X AND MY EARLIER LET NO CB:3412/DOPS/FHQ/ABJ/VOL.1/30 DATED 24/01/2024 X Nigeria police have ordered the withdrawal of all men.

“Police attached to His Excellency and former Executive Governor of Kogi State, Alhaji Yahaya Bello, should acknowledge compliance and treat with utmost importance. Please above for your information and strict compliance.”

Also, the Federal Government had on Thursday night placed Bello on a watch list.

In a document exclusively obtained by our correspondent on Thursday night, the Comptroller General of the Nigeria Immigration Service, revealed that Bello was placed on a watchlist for conspiracy, breach of trust, and money laundering.

The Assistant Comptroller General signed the document and copied the Nigeria Customs Service, the Inspector General of Police, the Director General of the Department of State Services, and the Director of the National Internet Agency.

The document read, “I am directed to inform you that the above-named person has been placed on a watch list. Suffice to mention that the subject is being prosecuted before the Federal High Court Abuja for Conspiracy, Breach of Trust and Money Laundering vide letter Ref; CR; 3000/EFCC/LS/EGCS.1/TE/V 1/279 dated April 18, 2024.

“If seen at any entry or exit point, he should be arrested and referred to the Director of Investigation, or contact 08036226329/07039617304 for further action.

“Please, accept as always the Comptroller-General’s warmest regards and esteem.”

The Economic and Financial Crimes Commission had earlier declared Bello wanted for laundering the sum of N80,246,470,088.88.

The development was contained in a notice posted on the commission’s official Facebook page on Thursday, with a snapshot of the embattled ex-governor attached.

The notice read, “The public is hereby notified that Yahaya Adoza Bello (former Governor of Kogi State), whose photograph appears above is wanted by the Economic and Financial Crimes Commission in connection with an alleged case of Money Laundering to the tune of N80,246,470,089.88 (Eighty Billion, Two Hundred and Forty Six Million, Four Hundred and Seventy Thousand and Eighty Nine Naira, Eighty Eight Kobo).

“Bello, a 48-year-old Ebira man, is a native of Okenne Local Government of Kogi State. His last known address is: 9, Benghazi Street, Wuse Zone 4, Abuja. Anybody with useful information as to his whereabouts should please contact the Commission.”

Bello had, on Thursday, failed to appear before Justice Emeka Nwite of the Federal High Court sitting in Abuja following his arraignment by the EFCC.

The embattled former governor was arraigned in absentia before Justice Emeka Nwite alongside three other suspects, Ali Bello, Dauda Suleiman and Abdulsalam Hudu on 19-count charges bordering on money laundering.

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BIG STORY

Access Holdings’ Shareholders Unanimously Back Capital Raising Plan, Hail Aig-Imoukhuede’s Return As Chairman

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  • Re-elect Olusegun Ogbonnewo, Ojinika Olaghere as a Non-Executive Directors

 

The shareholders of Access Holdings Plc (“Access Holdings” or “the Group”) at the 2nd Annual General Meeting (AGM) held on Friday, April 19, 2024, unanimously backed the Group’s plan to establish a capital raising programme of up to US$1.5 billion as well as the subset initiative to raise up to N365 billion, specifically, through a Rights Issue of ordinary shares to its shareholders.

The proceeds of the Rights Issue would be used to support on-going working capital needs, including organic growth funding for its banking and other non-banking subsidiaries.

The shareholders also ratified the appointments of Aigboje Aig-Imoukhuede, Olusegun Ogbonnewo, and Ojinika Olaghere as Non-Executive Directors.

The appointment of Aig-Imoukhuede as the Chairman of Access Holdings was praised by the shareholders, who pointed to his rich history of success with the institution, having transformed it into Nigeria’s biggest lender by market value alongside Herbert Wigwe. Aigboje’s leadership was instrumental in driving the institution’s growth during the 2004 recapitalisation of the banking industry led by the Central Bank of Nigeria (CBN) under the leadership of its former Governor, Prof. Charles Soludo.

“We are thrilled with Aigboje Aig-Imoukhuede’s return to the role of Chairman. His proven track record, experience, and strategic insights position him as the ideal leader to steer Access Holdings towards meeting its lofty targets. During his tenure as CEO, particularly during the recapitalisation directive by the CBN, he steered Access Bank to raise an impressive $2 billion in capital, and this demonstrates his capacity to, once again, lead Access Holdings towards successfully achieving the objectives of our planned Capital Raise and Rights Issue targets,” said Chief Sunny Nwosu, Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN).

In line with the Group’s strong financial performance, the payment of a final dividend of N1.80 kobo per every N0.50 Kobo ordinary share for the 2023 financial year was approved, marking a 28 per cent improvement from the corresponding period in 2022.

The Group’s full-year results for the period ending December 31, 2023, showcased an impressive 335 per cent increase in pre-tax profit to N729 billion from N167.68 billion in 2022. The Group also experienced an 87 per cent surge in gross earnings to N2.59 trillion from N1.39 trillion in 2022 and reported a remarkable 306 per cent growth in profit after tax to N619.32 billion, from N152.20 billion in 2022.

Commencing in the second half of 2024, Access Holdings’ global expansion strategy will enter the consolidation and efficiency phase, aligning with its five-year plan to accelerate the attainment of its 2027 strategic objectives. The Group remains focused on driving sustainable growth, and delivering value to its shareholders even as it continues to build a globally connected community and ecosystem, inspired by Africa, for the world.

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BIG STORY

Customs Adjust FX Rate For Import Duties To N1,147/$

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The foreign exchange (FX) rate for duties has once again been modified by the Nigeria Customs Service (NCS) to N1,147.02 per dollar.

When compared to the N1,238.1/$ reported on April 18, this indicates a decline of 7.3 percent. On Friday, the customs rate was observed.

It dropped below the official foreign exchange rate, which ended trading at the Nigerian Autonomous Foreign Exchange Market (NAFEM) on April 18 at N1,154/$.

The drop in the FX rate for customs tariffs and duties is coming amid the Central Bank of Nigeria‘s (CBN) effort to stabilise the naira.

On April 17, the naira appreciated to N1,050 at the parallel section of the FX market, from the N1,100/$ traded on April 15.

Meanwhile, on April 16, President Bola Tinubu inaugurated the national single window (NSW) project to boost trade in Nigeria.

NSW is an electronic portal linking all agencies and players in import and export processes to an integrated platform.

Speaking on the development, Adewale Adeniyi, the comptroller-general (CG) of Nigeria Customs Service (NCS), said the country is making progress with consultations on the reopening of the borders with Niger Republic and Benin Republic.

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