₦airaland Forum

NewHe:
How many travellers From the South have the luxury of travelling to the North with guns 🔫?

they come with Drugs and prostitution which is more dangerous than Guns

TyroneP:
Part 2: https://www.nairaland.com/8381560/cecelia-ibru-night-kirikiri-prison

Yesterday, the author shared her experiences at the Kirikiri Prison and how she ran to her village for safety. Today, she tells the story of her return to Lagos, her ordeal with EFCC and how her tormentor met his Waterloo.

After my unexpected detention at EFCC, my lawyers arranged for a private security company to send operatives to my house. Previously, I had four securitymen stationed at my gate, but only two were sent this time, and I was required to cover their salaries. Additionally, one of my drivers was withdrawn.

One day, a customer visited me and, upon leaving, handed some money to the security personnel. They were visibly pleased, and when he inquired about their numbers, one of them replied that there were four in total – two for the day shift and two for the night shift.

Meanwhile, my lawyers were persistently negotiating to gain access to the report that formed the basis of my indictment. At the same time, my two sons, who were working with me – one as the Managing Director of Oceanic Securities and the other as the Head of Retail Banking – were being interrogated and subjected to various allegations.

On a Thursday, my female lawyer informed me that the EFCC had assured her that all they required was for me to come in and make a statement, Initially, I refused, but she persuaded me, promising that she would be by my side until I returned home.

Accompanied by my lawyer, I arrived at the EFCC office, where the officers received me courteously. We were led to a room, where we waited for some time before an officer, assigned to handle my case, finally arrived.

My lawyer, growing impatient with the delay, reminded the officer of the agreement that I would not spend the night in detention. She explained that she had personally assured Ibrahim Magu, the then-Chairman of EFCC, of my co-operation. The officer nodded and took me to an office, where he handed me some forms to fill out before disappearing for a while.

By the time he returned, it was past 3:00 p.m. I pointed out to my lawyer that although I had completed the formalities, I had not yet seen the CBN report detailing the allegations against me. I insisted that I would not answer any questions until I had reviewed the document. My lawyer stepped outside to discuss this with the officer, who then left to retrieve the report.

Time continued to pass, and soon, it was approaching 4:00 p.m.-the closing time for EFCC offices. Finally, the officer returned with the CBN Examination Report.

As I read through the report, I realised that the main contention was that the CBN claimed there were non-performing loans and that the bank’s balance sheet was allegedly overvalued by about N4 billion. In normal banking practice, a bank in such a situation would be given three to six months to rectify its balance sheet, often with assistance from the NDIC.

I appealed to the officer, proposing a solution to address the issue. I explained that I could sell some of the bank’s good assets to generate the necessary liquidity. He promised to consult with his superiors and returned shortly after, saying that my proposal had been rejected.

As we were discussing, Aliko Dangote and Aig Imoukhuede walked into the EFCC office. I took the opportunity to appeal to Dangote, asking him to intervene on behalf of Oceanic Bank. He assured me that he would be travelling to Germany to meet with President Umaru Musa Yar’Adua and would raise the matter with him to ensure due process was followed.

By now, my lawyer was growing increasingly anxious, urging the officer to release me, as I was visibly exhausted and had not eaten all day. The officer went to seek permission for my release from the EFCC Chairman, but the response was negative – the CBN Governor had refused to grant my release, even when my lawyer offered to stand as my surety.

I was detained. My lawyer, now frustrated, pleaded with the officer to allow me to go to the hospital as I was on treatment for high blood pressure and arterial fibrosis. The EFCC detention centre was already overcrowded, but my lawyer arranged for a makeshift sleeping area for me.

One of my former staff members, who was then a board member at Intercontinental Bank and also in detention, generously offered me her bed and shared space with other inmates. She also arranged for hot water for me to bathe. As for food, which was brought from my house, I had no appetite – I simply wanted to sleep, as it was already close to 10:00 p.m.

The next morning, I became more apprehensive, knowing that EFCC senior officers often left their offices early on Fridays for the weekend. My former staff member, Mrs Lulu Briggs, once again assisted me, ensuring I had hot water and breakfast. She shared harrowing stories of how the entire board of Intercontinental Bank had been rounded up, despite many of them being non-executive members who only attended quarterly meetings.

At my request, Mrs Briggs arranged for me to briefly visit the detained Board Members of Intercontinental Bank. They were calm, despite their situation, and philosophical about the ordeal they were enduring. One of the female detainees had fallen seriously ill and had been taken to the hospital for urgent medical care.

I became increasingly anxious, as my lawyer was making little progress towards securing my release. The weekend passed, and by Monday, news arrived that Governor Emmanuel Uduaghan of Delta State had sent a message to the EFCC, offering to stand as surety for all Delta State senior banking executives being detained. This gave us hope that we might be released that day. However, we were instead informed that we were to appear in court by Wednesday.

The court appearance

My lawyer warned me that the EFCC was not going to make my release easy. The court session was packed with supporters, and as each of us was called upon to answer the charges, we all pleaded “not guilty.”

The court was prepared to grant us bail, but the conditions were stringent – each of us needed two serving senators to surrender a landed property in a prime location such as Ikoyi, Victoria Island, Apapa, Ikeja, or Maitama in Abuja.

Finally, after about two weeks in EFCC detention, I was allowed to return home. It was a tremendous relief to reunite with my family after enduring such a harrowing experience.

The CBN Governor meets his Waterloo

The CBN Governor’s fate took a dramatic turn when he presented the CBN’s Annual Report to President Goodluck Jonathan for approval. For reasons unknown, the President delayed signing off on it. Coincidentally, while the CBN Governor was away on an official trip to South Africa, the Head of the Nigerian Accounting Standards Board (NASB) visited the President on a courtesy call.

During their conversation, President Jonathan handed him the report, admitting that he was “not a figures man” and asking him to review it. Within just ten minutes, the NASB official detected fraudulent financial activities in the report. President Jonathan acted swiftly, instructing the NASB official to take over the CBN for a thorough investigation.

As a result, the CBN Governor was summarily dismissed. His successor, Godwin Emefiele, was appointed through the influence of Jim Ovia, the former Managing Director of Zenith Bank. Unfortunately, Emefiele did not investigate the banking purge carried out by the sacked CBN Governor, leaving many unanswered questions about the motives behind his drastic actions.

Epilogue
This gripping story of Oceanic Bank and the travails of Dr. (Mrs) Cecilia Ibru continues in the books. Go grab your copies. The books are explosive, and unputdownable!

https://www.vanguardngr.com/2025/03/my-ordeal-with-the-efcc/

Notting gripping just bunch of rogues trying to rewrite history to suit there Narrative

MotorConnectz4u:
Model: Honda Accord Sport

Year of Manufacture: 2016

Interior: Leather

Transmission: Automatic

Engine: i4 cylinders

Location: Lagos

Price: ₦10,800,000(Open for slight negotiations)

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Please take note: In order to curb fraudulent activities, No form of payment should be made or will be accepted unless after physical inspection and agreement. Thank you in anticipation for your patronage

Engine pic

RayRay06677:
You are right theoretically.

Did you consider the risk of both investment?

I personally don't have anything to do with land except I want to build a home or office.

it not Theory is real life bitter Experience .
I say Land I mean Govt layout developing or develop like Yaba ,Surulere ,gabgada ,Lekki Guzape Jabi Gwarimpha where in the Street na only 1 undeveloped land Remain
Not farm Land ,

Nakedman:
Rates running back up.

Investor A put in 100m @16 in 2023 when USD was 820 !(121000 USD ) At Maturity Total was 118m or( 74000 USD ) Effective Loss 47000 USD .To Reduce losses He was Advised to reinvest 118m at 21 percent By December 2025 Total Capital= 148m Or 95000 USD Loss now 27000 USD ( 50 percent off ) if Naira Remain stable .Investor A can only Recover at 4 year IF Naira Remain same

Investor B Used his 100m to buy 3 plots of land in Govt GRA Layout at 30m each = 90m( 110K USD)
Travel with 10m to the UK for MSC 2022 to 2025 Sold it for 200m (125000 USD )
He working in the UK put his 125000 USD in Dollar fund at 8 percent .
Investments in Naira for Long term is a Loss Max 6 Months

2022 - 2025 Sold the 3 Plot for 200m

Botragelad:
Does Russia have the right to invade and annex part of Ukraine? 😂

The tanker in question formed part of Russia’s so-called “shadow fleet”, an illegal network of dilapidated vessels used to smuggle oil at prices exceeding the £60-per-barrel cap imposed by international sanctions. These ships are a danger.

Germany was entirely within its rights as a coastal state to stop likely catastrophes that could wreak devastation on the Baltic Sea and its economy. What’s the harm in that?

We call them rogue ships. Putin employs them for illegal operations to finance his war against Ukraine. Germany is simply upholding the sanctions agreed upon by the EU, G7, and other allies. If anything, Germany deserves praise for taking a stand against Putin's lawlessness instead of looking the other way. You ought to be glad! 😊

was Germany invade how e Concern am .

Factcheck0001:
Top of the hour anywhere you are reading this from.

Today I saw a video of a corp member who complained about the present economic situation of Nigeria which is understandable. It is clear to all that Nigeria is going through a reform and with time the reforms will yield results.

That's not where we are going though, another video also pop out as regards the said video with a lady( probably a corper) talking about accomodation of 1.2 million naira and I see many people defending her.

Like ask yourself, how can someone earning let's even say 200k per month think of 1 million naira accomodation? Let alone a corper earning less than 50k.

To those defending her, does it make sense to you or you just want to act rich and throw away common sense?

Like where is the "cut your coat according to your size" common sense line?

If your siblings serving should tell you he/she is getting an accomodation of 1 million with a salary of 100k, won't u speak sense into him or her?

I thought we have seen multiple threads here talking about salary to house rent ratio and majority of the people agree 2 months salary should pay for rent, so how come we have people supporting someone earning 50k n staying in an accomodation of 1.2 million.

It's not even advisable for someone earning 300k per month to go for over a million accommodation but these people see it as normal for someone earning less than 50k to rent house of over a million and they are blaming the government

Must we always blame the government even when common sense can solve it?

Cc
Helinues
Madridguy
BlueStripper
Lexy2014
Badoh
Appletek
Rilwayne001
Essentialalone
Codemaniacs
Image123

So Copers are supposed to live under bridges your psychology has been Destroyed by Ruling Class and now accept poverty as Norm
You post a Corper to Lagos and pay him 33k

etrouble:
I will tell you one and since you don’t know more than price list, you will have to state the exact date and price of it.

Here is it;

Tinubu freed the Local Governments from the shackles of the thieving governors who have been looting LG funds. Tinubu has made payment of LG funds directly to LG accounts, something that both military and civilian administration’s could not do over the decades.


Now put a date and price to that since it is only buying and selling of fake drugs and drinks that you know

Nonsense TInibu collected LGA funds from a group of theives called Governor to another group of governor selected thieves called Chairman

helinues:
If we compile the list, it fit reach 500. Aje

There are so many ongoing projects, developments ongoing that are yet to make it to the news .

Remember, we didn't read much about the new built army barracks by this government. Now imagine how many going underground

imaginery achievement
Let me a list some
Inflation @ 34 perfect
Fuel @1200
USD @1600
Poverty @140m Nigeria
Japa 300 percent
Uncessary and unbided project 14 trillion
Seyi galavanting

helinues:
President Tinubu is currently one of the best president in the world.

We are here to debate that logically.. No be mouth it sure for us ni

you haven't said anything or Data
Inflation at 34 highest in Nigeria history
Cramp Govt with his Lagos boys despite North giving the Over 5m votes and Lagos Voting OBi
Instead of repairing federal and uncompleted road embark of meanless 14 trillion road without bidding
Continues to allow Import of petroleum products due tie to Wale Tinibu
No Single Achievement since assuming power
Destroy our currency

mrvitalis:
One of the problems we have as Igbos are people like them

because he refused to become tribalist bigot and IPOB
?
You are a problem to yourself

casualobserver:
In your dreams. The most you will ever get to petroleum products in your life based on intellectual content of your posts is your current job as a petrol attendant. And if you spend all your time posting instead of attending to motorists you may get sacked.

since we are playing fantasy on Nairaland, me too I own 3 oil wells. eeeeediot!!!

didn't know na Gooooat I dey talk to

casualobserver:
Nigeria does not have enough crude to give Dangote because we have forward sold a lot of our production.

Dangote refinery is a single train refinery. I assume you know what that means. All refineries blend. That is part of the propaganda of Kelvin and his paymasters.

this the interest your serve
What your own interest eddddiots

casualobserver:
That’s why you are probably a petrol attendant somewhere. Unemployed graduate who couldn’t get a proper job.

You asked for examples of Kelvins lies, I gave you 2. You didn’t address that, Instead you started talking about Tinubu and Rano. Is that the topic? Illiterate!

mumu X 2 wetin concerned petrol attendant with HFO and trafrigura?
Thank for showing us how Mumushi of a person you are
Tell you paid Master that a petrol attendant debunked your falsehood

casualobserver:
1: you actually are a MUMU.
2: ALL refineries blend. You clearly dont know what blending is. All refineries have blending plants. That is the kind of term kelvin uses to deceive gullible ignorant poorly educated people like you.
3: I am against all those companies you mention who still import but that is no excuse for Kelvin to come on TV and lie. his case is like a man who knows someone stole from him and then lies to implicate the person.
4: Dangote has a problem because others still import, i am against importation but that is no excuse to lie.
5: i dont have to engage kelvin, he has already exposed himself or else this article would not exist.

Finally go and fix your English

MUMU sabi all this things and you have been responding to a MUMU !
You know Notting bro
I bi English Man ?
The PIA Allow oil firm to source product anywhere and everwhere it the Law
MUMU X 2 no even know
I trade in excess of 2m litres Monthly
Have both Bulk purchase agreement and do export of HFO our clients including trafrigura GLencore and Vitol
Understand we are well informed big mumu

Blazetrailer:
Paid write up. Completely bias.

paid

casualobserver:
Nigeria should not be importing full stop. The topic was Kelvins tainted credibility.

If you want to be an eeediot, feel free but not on my own time….I am not here for propaganda or prejudices but facts….good day!

probably paid this this group to twist reality

casualobserver:
Nigeria should not be importing full stop. The topic was Kelvins tainted credibility.

If you want to be an eeediot, feel free but not on my own time….I am not here for propaganda or prejudices but facts….good day!

you have run out of steam .now na to call me Eeediots .
Kindly Have a open debates with Emmanuel on any Platform to counter this narrative
Don't come online to twist reality
We are well informed we play in the sector and .Fact Emmanuel told us their 500m litres of unsold stock at Dangote yet NNPC still importing wasting our small USD .
He informed us of over a Billion litres imported by Onado AA Rano,shafa matrixk and co true
We didn't borrow 800 m USD to repair state own refinery to be blending we are not MUMU citizens

casualobserver:
Nigeria does not have enough crude to give Dangote because we have forward sold a lot of our production.

Dangote refinery is a single train refinery. I assume you know what that means. All refineries blend. That is part of the propaganda of Kelvin and his paymasters.

with 40 billion barrels know Reserve and oil well with 1 billion barrels and 250k per day Productions
Shameless organization called the NNPC that should be scarp ,sold or reorganize can not provide a few barrels of crude to help the Nigeria people get cheap energy.
They cant up production like war turn Iraq and sanctioned iran doing 5m barrels
They cant invest in export terminal and are only good at Oil rent collection and living large
They cant even manage fuel distribution
If this was Communists china All NNPC staff and supporters will be dead

BreconHills:
Your bar is set quite low. If Kelvin is a genuis what is Taiwo Oyedele?

they operate in Different Field I beg Oil economist and Finances

casualobserver:
The guy is a propagandist for Dangote. I am all for Dangote and I believe we have no reason to import any petroleum products at this moment but this Kelvin guy is just dishonest with his commentary.

like how 500 m litres unsold in Dangote tank farms but DPR still importing and Onando run by wale Tinibus buying refinery in Tridina

casualobserver:
i'll give you 2

first he said it was a lie that the refinery was working, then he went on and on about Warri not producing PMS and that NNPC was lying.....NNPC clearly stated from the start that Warri is not producing PMS yet

yesterday he claimed NNPC were lying about the 84million barrels of crude they supplied Dangote. Wheras NNPC clearly stated in their press statement that the 84m is the total they have supplied and of that, 45M of which was under the naira for crude swap. Kevin deliberately made it sound as if NNPC claimed the whole 84m was naira for crude. Even an elementary school student given the statement as an english comprehension assignment knows NNPC did not say 84m was naira for crude and they specifically said 45m was naira for crude.

the guy has no credibility. i am sure he is being paid

there Notting like Naira for Crude Swap
It Crude for Naira
NNPC is a poorly run corruption chesstpit firm highly indebted and insolvent not for Sovereign cover
It has failed to bring any soccour to Nigerians
And it not as par with it peers like Saudi Aramco , PETRONAS and pero Brazil and Qatar gas .
It has failed to manage it 23 Depot and 3000km pipelines network and huge oil reserves .
It struggling to provide Joint venture cash calls and terminally indebted
They don't deserve any mercy for disservice to Nigeria state .
Kelvin ride on

casualobserver:
i'll give you 2

first he said it was a lie that the refinery was working, then he went on and on about Warri not producing PMS and that NNPC was lying.....NNPC clearly stated from the start that Warri is not producing PMS yet

yesterday he claimed NNPC were lying about the 84million barrels of crude they supplied Dangote. Wheras NNPC clearly stated in their press statement that the 84m is the total they have supplied and of that, 45M of which was under the naira for crude swap. Kevin deliberately made it sound as if NNPC claimed the whole 84m was naira for crude. Even an elementary school student given the statement as an english comprehension assignment knows NNPC did not say 84m was naira for crude and they specifically said 45m was naira for crude.

the guy has no credibility. i am sure he is being paid

He informed Nigeria of 500m litres in tank Farm at Dangote .this are not lies
Informed us of increase of shipping from Malta by Oando from zero to millions of litres
He informed us of Onando buying refinery in Americas .
True Onando has lease 170 k barrel Refinery target market Nigeria

casualobserver:
i'll give you 2

first he said it was a lie that the refinery was working, then he went on and on about Warri not producing PMS and that NNPC was lying.....NNPC clearly stated from the start that Warri is not producing PMS yet

yesterday he claimed NNPC were lying about the 84million barrels of crude they supplied Dangote. Wheras NNPC clearly stated in their press statement that the 84m is the total they have supplied and of that, 45M of which was under the naira for crude swap. Kevin deliberately made it sound as if NNPC claimed the whole 84m was naira for crude. Even an elementary school student given the statement as an english comprehension assignment knows NNPC did not say 84m was naira for crude and they specifically said 45m was naira for crude.

the guy has no credibility. i am sure he is being paid

is the Refinery Doing Fractional Distillation or Blending ? Cos in refining process methane gas is Burt and flame can be seen which is absent here
Since NNPC claim it refining so why importing 25m litres Daily ? Why spend 1.7 trillion for import ?
Dangote refinery has been operational for over 8 months now the 45m barrel at 350000 per day will serve only how day
Why is Dangote importing WTI from America and recently 1 m barrels from Algeria

casualobserver:
i switch off whenever i see that Emmanuel guy on Tv, he is so shamelesss! i used to take him seriously but it is clear he is acting on a script.

Nothing worse than a dubious intellectual hack using technical jargon to deceive the uninformed.

give us a single example

ednut1:
Counter his argument with facts. Not emotions biko

this are attack by NNPC crew and Cabal on Kelvin
Kelvin informed us of NNPC blending activities in Port Harcourt and Malta
Kelvin informed us of all NNPC loan for oil facility
Kelvin inform us of 1/2 billion litres of PMS in Dangote unsold but Dpr keep issuing import permits
While
Rawane Is just there pro govt and hope seller
He even predict 700 USD to naira

AnonPoet:
Kelvin Emmanuel And Bismarck Rewane:



https://gazettengr.com/adesanya-balogun-a-game-of-truth-or-dare-the-economist-and-propagandist-that-shape-nigerias-global-perception/

Lies Emmanuel is data Driven .
Example he informed us that there is 500m litres of PMS in Dangote yet Marketers are still importing .
He exposes this rot in NNPC and shady cable
Rewane says what the Govt like to hear .fake hope

Time123:
Would you say socialism is a good thing for Nigeria, Or bad, or my assessment of the issue is not really fair.

we are too poor to afford capitalist service
We need more socialists intervention in education, health care and power
While capitalism in manufacturing and food production

ImmaculateJOE:
A repeat of what happened in 2013, prior to 2015 general election..

Northerns are regrouping to challenge a southern sitting president.
Last time they used Tinibu, a southern willing tool.
Who will they used this time around, or will they themselves be the willing tool..

Time shall tell

a Yoruba presidency
How many IBO ,ijaws ,ishekris etc have he appointmented