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Sanwo-Olu Under Probe As EFCC Links ‘Aisha Achimugu’s Forfeited $13m’ To Lagos Government

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The Lagos State government, led by Governor Babajide Sanwo-Olu, is under investigation by the Economic and Financial Crimes Commission (EFCC) over illicit $13 million traced to socialite and businesswoman Aisha Achimugu, PREMIUM TIMES confirmed on Wednesday from officials familiar with the case.

It was gathered that the EFCC began scrutinising Mr Sanwo-Olu’s government’s connection to the funds after investigators discovered that part of the funds was sourced from contractors working for or providing services to the Lagos State Government.

“The facts about the origin of the funds are already public in court documents, but the full details of how a large chunk of the money was sourced from some contractors offering services to Lagos State Government’, the identities of the contractors and the possible involvement of the governor and other government officials have not been disclosed in order not to jeopardise ongoing investigations,” a source told PREMIUM TIMES on the condition of anonymity due to lack of authorisation to speak publicly on the case.

On Wednesday, the Federal High Court in Abuja ordered a permanent forfeiture of the $13 million to the Nigerian government, citing its fraudulent origin.

Later on Wednesday, PREMIUM TIMES made unsuccessful attempts to get the comment of the Lagos State Attorney General and Commissioner for Justice, Lawal Pedro, and the state’s Commissioner for Information and Strategy, Gbenga Omotoso, on the disclosure in the suit tracing part of the suspicious funds to the state’s contractors and EFCC’s investigations into the governor regarding the finances.

Neither of the two officials returned our reporter’s phone calls or responded to text or WhatsApp messages.

It remained unclear how the alleged scheme was executed. However, investigators say it remains curious that the contractors paid large sums to Ms Achimugu’s company without any valid business relationship with the firm or its owner.

It is also unclear whether Mr Sanwo-Olu is aware of or participated in the alleged scheme, or whether he is merely being investigated because he leads the administration under which the payments occurred.

Judge Emeka Nwite of the Federal High Court in Abuja ruled on Wednesday that the explanations made by Ms Achimugu’s company for the suspicious payments were not convincing. He said he was not persuaded that the company had legitimately earned the money.

Governor Sanwo-Olu and Achimugu’s relationship
PREMIUM TIMES had reported the close relationship between Governor Sanwo-Olu and Ms Achimugu more than a year before EFCC’s probe into the oil block transactions became public.

The newspaper exclusively reported how Mr Sanwo-Olu abandoned work for days in January 2024 to party in the Caribbean Island of Grenada in commemoration of Ms Achimugu’s 50th birthday. Ms Achimugu turned 50 on 22 January 2024. She is now 52.

According to the PREMIUM TIMES report, Mr Sanwo-Olu flew in a private aircraft to the Caribbean Island and took residency in one of the most expensive resorts in the world to be part of the party.

He left many officials back home scrambling to figure out his whereabouts.

A website dedicated to the seven-day birthday party included information regarding visa arrangements, available chauffeurs, travel schedules, and the nearest airport to the event venue, among other details for the guests. The festivities commenced on 16 January with the arrival of guests.

But the governor, in his reaction to this newspaper’s report via his official X account @jidesanwoolu at the time, said he travelled on purpose to Grenada to advance his state’s economic interests. He neither denied nor confirmed attending the birthday party.

Early sign of Governor Sanwo-Olu probe
The first sign that Mr Sanwo-Olu was possibly under EFCC investigation surfaced in October 2024, when a report circulated that the Lagos State governor had filed a suit to ward off EFCC investigations.

In the suit, the governor reportedly sought a declaration that the threat of his arrest and detention was illegal, unconstitutional and a violation of his fundamental rights.

It added that the governor sought an order restraining the EFCC from harassing, arresting and detaining him over his governance.

The report also stated that one Martha Kanu, claimed in an affidavit filed in support of the suit, that she was briefed on the suit’s details by the governor via teleconference.

She said she believed the governor’s briefing to be true. She reportedly said the governor told her that EFCC officials planned to arrest his aides and family members over allegations of fund diversion.

In what also appeared to shed further light on the scope of the relationship between Mr Sanwo-Olu and Ms Achimugu, the controversial suit was filed by Darlington Ozurumba, the lawyer who also defended Ms Achimugu’s Oceangate Engineering in the $13 million forfeiture proceedings.

In the wake of the wide publicity the suit received, the Lagos State Government denied that the governor had authorised the filing of the suit, while also expressing doubts about the existence of any legal action.

“We need to clarify that Mr Babajide Sanwo-Olu, at no time, sued or briefed any legal practitioner to file a suit on his behalf concerning the above subject matter,” the Lagos State Government said in a statement issued on 30 October 2024 by the Attorney General and Commissioner for Justice, Lawal Pedro.

“It is disingenuous for the Governor, who enjoys immunity as conferred on him by the Constitution and has almost three years ahead of him, to brief any lawyer on this kind of matter.”

Mr Pedro also denied the claim that the EFCC was investigating the Lagos State governor. He insisted that the EFCC had never invited or threatened to arrest the governor or any member of his staff.

Mr Pedro also vouched for Mr Sanwo-Olu’s judicious use of the state’s resources

Although Mr Ozurumba appeared in court as the plaintiff’s lawyer to prosecute the case, the statement said that the origin of the reports about the purported suit was under investigation. It also cautioned media organisations to desist from circulating such misleading reports without proper investigation.

On 31 October 2024, a day after the Lagos State Government disowned the suit on behalf of the governor, EFCC filed its response to the suit categorically denying investigating or harassing the governor or any member of his family and staff.

But this was months before the oil block transactions took place.

Controversies
Ms Achimugu’s lifestyle has drawn public attention and controversy in the last two years.

Her January 2024 birthday extravaganza in Grenada and the $13 million forfeiture case are examples.

In 2025, EFCC declared her wanted in a 28 March 2025 public notice over her alleged involvement in money laundering and a Ponzi scheme. EFCC linked her to the controversial MBA Trading and Capital Limited.

The declaration prompted Ms Achimugu to file a suit marked FHC/ABJ/CS/626/2025 seeking to restrain the EFCC and other agencies from arresting or detaining her.

She argued that her rights to freedom of movement, dignity, and privacy were under threat.

On 28 April 2025, the judge, Inyang Ekwo of the Federal High Court, Abuja, ordered her to submit herself to the EFCC for questioning.

The following day, EFCC arrested her at the Nnamdi Azikiwe International Airport in Abuja upon her arrival from London at about 5 a.m. She has since been released from custody but continues facing investigations.

Although she has not been charged with any offence, her name has been linked to suspicious funds in an ongoing criminal trial, while investigations into her continue

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Nigerian Gov Declares Public Holiday

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Adamawa State Governor, Ahmadu Fintiri, has declared Monday a work-free day across the state in honour of the late former Governor of Gongola State and former National Chairman of the Peoples Democratic Party, Alhaji Bamanga Mohammed Tukur.

The declaration came a day after Tukur was buried in Yola following funeral prayers held at the Lamido’s Palace on Sunday.

Daily Voice reports that political leaders, traditional rulers, family members, associates and sympathisers gathered to pay their final respects to the elder statesman.

Fintiri announced the work-free day in a statement issued by his Chief Press Secretary, Humwashi Wonosikou, saying the decision was intended to give residents an opportunity to honour Tukur and reflect on his contributions to Adamawa State and Nigeria.Nigeria travel guides

The governor described Tukur as a prominent statesman whose contributions to the growth and development of the state and the country would remain part of his enduring legacy.

According to Fintiri, the work-free day is part of activities surrounding the three-day mourning period earlier declared by his administration following the death of the former Gongola State governor.

Fintiri urged residents to use Monday to pray for the peaceful repose of Tukur’s soul and seek comfort for his family, friends and other people affected by his death.

He also directed that government flags across Adamawa State would continue to fly at half-mast throughout the mourning period as a mark of respect for the late statesman.

However, the governor clarified that the declaration would not affect essential services, directing workers in critical sectors to continue their duties.

The latest announcement follows Fintiri’s earlier declaration of three days of mourning after Tukur died on Saturday at the age of 90.

At the time, the governor had described the death as a major loss to Adamawa State and Nigeria, recalling Tukur’s long years of service in public life.Nigeria travel guides

“It is with deep sadness that I mourn the passing of Alhaji Bamanga Tukur, former Governor of Gongola State and an elder statesman whose contributions to our state and nation will remain indelible,” Fintiri had said.

The governor had also announced that government flags would be flown at half-mast throughout the mourning period.

“In his honour and in recognition of his selfless service, I have declared three days of mourning across Adamawa State, during which all government flags will fly at half-mast,” he said.

Fintiri further extended his condolences to Tukur’s family, associates and the people of Adamawa State, saying they were united in grief over the death of the former governor.

“My heart goes out to his family, associates, and the good people of our state during this period of grief,” he said.

Tukur’s family had announced his death in a statement signed by his son, Awwal D. Tukur, on behalf of the family. The statement said the former PDP chairman had “returned to his Creator” after a lifetime devoted to public service, business and community development.

The family described Tukur as a man whose influence extended beyond his immediate family to Adamawa State and Nigeria, citing his wisdom, generosity and commitment to national development.

It also expressed appreciation to Nigerians and others who offered prayers, condolences and support following his death.

Tukur was one of the prominent political figures from the old Gongola region and occupied several important positions during his decades in public and private life.

He served as the third civilian governor of the defunct Gongola State, an entity that existed before the creation of Adamawa and Taraba states. His tenure remains part of the political history of the region.

Beyond his role as governor, Tukur served as Minister of Industries during the military administration of former Head of State, General Sani Abacha. He was also involved in business and economic development activities and, in 2012, served as president of the Africa Business Roundtable.

Tukur later became national chairman of the PDP in March 2012, remaining in the position until January 2014 during a politically turbulent period in Nigeria.Nigeria travel guides

His death came shortly before his 91st birthday, which would have been celebrated on September 15.

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Anambra Still Repaying Loans Borrowed Under Peter Obi – Soludo Govt

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The Anambra State Government says it is still repaying loans taken out by previous administrations, including those of former governors Peter Obi and Willie Obiano.

The state said the inherited obligations remain part of its financial commitments, despite the Chukwuma Soludo administration’s decision not to take fresh commercial bank loans since it came into office.

Commissioner for Finance, Izuchukwu Okafor, disclosed this while speaking on the Ndi Anambra podcast released by the state government’s New Media team.

Okafor used the platform to explain the state’s current financial position and the steps taken by the Soludo administration to reduce its debt burden.

According to him, the government has focused largely on paying existing obligations rather than accumulating new debts.

“It’s on record that this administration has not borrowed a kobo from any commercial bank since the inception of this administration,” he said.The commissioner explained that the absence of new commercial borrowing does not mean the state has completely stopped making debt payments.

He said funds due to Anambra from the Federation Account Allocation Committee are still being deducted to service loans contracted by earlier administrations.

Okafor specifically linked some of the outstanding obligations to the administrations of Obi and Obiano.Read Political News

“These loans were borrowed during the time of Peter Obi and Willie Obiano, the past governors,” Okafor said.

The disclosure comes amid continued debate over the financial records of successive administrations in Anambra and the extent to which the state has relied on borrowing to finance projects.

Peter Obi governed Anambra from 2006 to 2013, while Willie Obiano succeeded him and remained in office until 2022. Soludo took over as governor in March 2022.

The current administration has repeatedly presented debt reduction as one of the major areas of its financial policy.

Okafor said the government had made substantial progress in reducing the liabilities it inherited.

He claimed that the overall state debt profile had dropped by more than 83 per cent under the Soludo administration.

“We have been able to manage the state debt very well, that we have brought it down by more than 83 per cent as of today,” Okafor said.

He said the reduction was not limited to conventional loans.

According to him, the government also inherited several domestic financial obligations which had to be addressed alongside existing debt repayments.

These included unpaid contracts, gratuity arrears and pension liabilities.

The commissioner said the administration had been working to settle such obligations while maintaining funding for ongoing government programmes.

He further stated that Anambra’s domestic debt had been brought close to zero after several outstanding liabilities were cleared.

Okafor said the government still has obligations tied to facilities obtained from development institutions.

He explained that some of the loans are structured in a way that allows repayments to be deducted directly from the state’s federal allocations.

“Before they limit Anambra’s own allocation, they will deduct it as such because most of them, World Bank loans and other loans, they committed,” he said.

The commissioner’s explanation also showed that the state’s current financial position cannot be assessed solely by looking at whether the Soludo administration has taken a new commercial loan.

The administration has maintained that it can finance its programmes through internally generated revenue and available public funds without resorting to fresh commercial borrowing.

The governor, a former Central Bank of Nigeria governor, has frequently emphasised fiscal discipline and the need to reduce the cost of servicing debt.Download Interactive Maps

Anambra had also featured prominently in previous debates over state borrowing during Obi’s tenure.

Obi had built a public reputation around conservative financial management and had repeatedly highlighted the savings and investments accumulated by his administration.

However, available debt records have shown that Anambra had outstanding obligations during and after his tenure, including external facilities.

The latest statement from the Soludo administration does not suggest that all the outstanding obligations were obtained directly from commercial banks.

Rather, Okafor pointed to loans and development facilities whose repayment arrangements remain active years after they were contracted.

He also disclosed that the government had recently cleared an obligation referred to as CAGS.

According to him, the repayment has provided additional financial space for the state government.

The commissioner said clearing such liabilities would allow more resources to be directed towards projects and other areas of government spending.Read Political News

 

 

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Terrorists kill Nine Passengers, Six Others In Plateau Attack

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Armed Robbers Kill Phone Shop Operator In Abuja

No fewer than 15 people were killed in separate attacks by gunmen on communities in Jos South, Mangu and Riyom Local Government Areas of Plateau State on Sunday night, with nine of the victims being passengers travelling to Jos.

The passengers were killed when suspected terrorists opened fire on their vehicle at Dungus community in Jos South Local Government Area, while other victims were killed in separate attacks in Mangu and Riyom.

Spokesman for the Berom Youth Moulders, Rwang Tengwong, who confirmed the Dungus attack to PUNCH Online via phone call in Jos on Monday, said the victims were passengers travelling to Jos when the attackers opened fire on their vehicle.

He said, “The incident happened around 9.40 p.m. The victims were all passengers travelling to Jos when the terrorists opened fire on the vehicle. Among those killed was a member of Operation Rainbow. It is a very sad development, and we lament the loss of lives.”

According to him, some of the passengers sustained gunshot wounds and were rushed to hospitals, where some later died.

“It was a vehicle carrying passengers to Jos. The attackers opened fire on them, and some of the victims were killed,” he said.

A resident of the community, Musa Dauda, also confirmed the attack, saying some of the injured passengers died while receiving treatment in hospital.

Dauda said, “Some of the passengers who were injured were taken to the hospital, but some of them died while receiving treatment. Others are still in the hospital receiving treatment.”

Meanwhile, in Mangu Local Government Area, suspected terrorists reportedly attacked Vodni in Pushit District during the night, killing two persons.

Four others sustained gunshot injuries in the attack and were receiving treatment at a hospital in Mangu town.

Also in Riyom Local Government Area, two persons were reportedly killed at Tahoos in a separate attack around the same period.

The spokesman for the Plateau State Police Command, Alabo Alfred, and the Media Officer, Operation Enduring Peace, Chinonso Oteh, were yet to respond to enquiries sent by our correspondent on the incidents at the time of filing this report.

 

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