₦airaland Forum

Some stupid stockbroker dumped the shares of this company on me 15 years ago. Ummm, it is paying off now. Makes better sense now, holding on.

DEm never sell this car?

This establishes our dominance in this sector in West Africa. And a compelling position in Africa

The current loudmouths in the North are completely intolerant of Christians holding any position of authority in the country. Yet they beg that we should not break up, yet they won't stop killing Christians.

This behaviour is completely out of order for a mature, respected state. The USA lost most respect from her peers and lovers. The next President certainly has a lot of work to do.

RIP to a beautiful woman who raised a grown man.

If Nigeria had protested, Morocco would have been sanctioned, as well as the Ghanaian referee who travelled home immediately to a hero's welcome.

Nigeria lost that match due to improper refereeing

All the steps are slippery and might lead to a fall if not well coordinated

This is what they practise in Israel, such that they are able to feed themselves without having to import so much food.

We could do more of this in Nigeria

People like this should be honoured. He was not corrupt during his service. However, karma is catching up somewhere.

It is the sense of entitlement ànd capacity to incorrectly read the situation but ability to forge ahead notwithstanding how unlikèy their prognosis are that baffles me about this people and especially this arrogant fellow.

For their sake Nigeria cannot be separated!!!

sacajawea:
Who is the Lady in the Pic?

That should be Halima, the last child of Babangida

The 404 could speed to hell and was a petrol guzzler. Oko ni kijo!!!

Orlu13:
Wasteful....that money will be embezzled.... nothing good ever comes out from this sham called Nigeria

Your statement is equally wasteful because the money willnot be embezzled . The investment is private.

I remember when we queued to obtain a copy of Newswatch and digest the whole weekly magazine in less than two days.

Which weekly is still like those back then? Someone can tell me. I want to know which daily is investigative like those weeklies.

May the LORD bless us and keep us to see and say good things about this country.

The Bauchi State Government paid millions of dollars, off the banking system and via unofficial channels, to finance what it called the state’s “security commitment” between late 2023 and July 2024, a PREMIUM TIMES review of government records, official accounts and court documents shows.

A substantial portion of the payouts was disbursed in cash through intermediaries to a wide range of beneficiaries, including individuals and corporate entities. Processed through unofficial channels and outside banking systems, the cash was handed out by intermediaries acting on behalf of government officials at unconventional locations, including a restaurant, a supermarket, and a private residence in Abuja.

An agent engaged for cash deliveries told the Economic and Financial Crimes Commission (EFCC) that no documents were signed by the beneficiaries who received these “security” payouts. According to government records and accounts of officials and agents, one of the beneficiaries was a leader of the Miyetti Allah Kautal Hore, Bello Bodejo, who has had run-ins with Nigeria’s security and intelligence community.

Mr Bodejo reportedly spent about six months cumulatively in detention in 2024 and briefly faced terrorism charges within the year before the Attorney-General of the Federation’s office withdrew the case without giving reasons. The Bauchi State Government, according to its records and agents, disbursed a total of $2.33 million to him in four tranches across four months, between 2023 and 2024. In July 2024, the Accountant-General of Bauchi State, Sa’idu Abubakar, issued a memo to Governor Bala Mohammed, through the Secretary to the State Government (SSG), for the “regularisation” of the disbursements already carried out from January to July 2024. The amount captured in the memo totalled nearly $17 million ($16,985,000) and N75.2 million released to individuals, including Mr Bodejo, between January and July 2024.

On 30 December 2025, the EFCC charged the state’s Commissioner for Finance, Yakubu Adamu, and three civil servants in the state with terrorism financing and sundry money laundering offences for the funds released to Mr Bodejo and others. Mr Adamu’s co-defendants, whom the prosecution described as Bauchi State civil servants and signatories to the state government’s accounts and/or payment instruments, are Balarabe Ilelah, Aminu Mohammed Bose and Kabiru Mohammed. The charges accused them of releasing funds to Mr Bodejo and others, who allegedly used part or all of the money to finance a terrorist organisation.

The charges also include allegations that Mr Adamu received nearly $7 million from the disbursements in a money laundering scheme. The funds allegedly released to Mr Adamu and Mr Bodejo were also said to have violated the money laundering law for taking place outside a financial institution. The EFCC arraigned them before the Federal High Court in Abuja on the terrorism financing charges on 31 December 2025. Governor Mohammed, whose aides have been charged by the EFCC in various cases over the past year, has fumed over the trial. Mr Mohammed, who enjoys immunity from prosecution as a sitting governor, said the EFCC was targeting his officials at the behest of the Minister of the Federal Capital Territory (FCT), Nyesom Wike, a political rival within the Peoples Democratic Party (PDP).

In response, the EFCC described Mr Mohammed’s claim as wild.

The anti-corruption agency stated that it is an independent body established to combat economic and financial crimes. “The attempt to portray it as a pliable agency that panders to the demands of certain political interests is therefore mischievous and condemnable,” it said.

Amid the public spat between Mr Mohammed and the EFCC, trial judge Emeka Nwite of the Federal High Court in Abuja ruled on 6 January that the allegations against Mr Adamu and his co-defendants were so weighty, and documents filed as proof of evidence in support of the charges so compelling that he could not grant them bail. PREMIUM TIMES obtained some of the court documents filed by the EFCC, including memos on the fund releases and approvals, as well as the extrajudicial statements of some of the state’s officials and agents.

Together, the documents provide a fuller picture of the unofficial, off-bank system that drew billions from the treasury of the Bauch State Government and disbursed them to an array of individual and corporate accounts between 2023 and 2024. Bodejo: Target of security agencies, darling to Bauchi govt. Bello Bodejo is the national president of Miyetti Allah Kautal Hore, a group of herders-turned-political pressure group, mainly comprising Fulani. Media reports and open source details reveal that he hails from Nasarawa State and was born in 1979.

In January 2024, Mr Bodejo launched a nomadic vigilante group in Lafia, the Nasarawa State capital, drawing public attention and scrutiny. He said the group, which had already recruited more than a thousand Fulani youths at the time, aimed to help secure the livelihoods of farmers and herders and share information and intelligence with security agencies.
But the move did not go down well with Nigeria’s security and intelligence community. The Defence Intelligence Agency (DIA) arrested him on 23 January 2024, accusing him of establishing an ethnic militia group, Kungiya Zaman Lafiya. While he was in custody, the Nasarawa State Police Command declared that the group was not recognised as a vigilante group. In March 2024, the AGF’s office arraigned him before the Federal High Court in Abuja on three terrorism charges brought under the Terrorism (Prevention and Prohibition) Act, 2022.

Apart from the alleged offence of unlawfully establishing an ethnic militia group, other charges include providing material support, assistance and transportation for activities connected with acts of terrorism. In April 2024, the defendant applied for bail, but his request was turned down by the court the following month. However, he was later released from custody after the AGF’s office withdrew the charges against him without giving any explanation on 30 May 2024. Meanwhile, he was arrested again for undisclosed reasons on 9 December 2024 by the military, which transferred him to the custody of the State Security Service (SSS).

Following a legal challenge to his detention, the Federal Capital Territory (FCT) High Court ordered his release from custody on 30 December 2024. Mr Badejo’s group, the Miyetti Allah Kautal Hore, is a socio-cultural association of predominantly Fulani pastoralists, whose members are often accused of violent clashes with farmers and residents in Benue, Nasarawa and other states. Some of their members have also been blamed for being responsible for kidnap-for-ransom in different parts of the country. However, the group has vehemently denied the allegations.

How Bodejo received millions of dollars from Bauchi govt – Agents, Official: A former Accountant-General of the State, Saidu Abubakar, explained Governor Mohammed’s role in the payments to Mr Bodejo. Mr Abubakar, in July 2024, wrote the memo that sought the governor’s approval for the regularisation of the disbursements between January and July 2024. The former official, in a statement he wrote during EFCC investigation last year, said he facilitated the disbursement to Mr Bodejo based on the governor’s instruction, maintaining that he had no personal relationship with the Miyetti Allah leader or knowledge of the purpose of the money paid to him. “Why payments were made to Bello Bodejo was based on the governor’s directives, verbally and via WhatsApp chats,” Mr Abubakar, 50, wrote. He added that the payments were regularised by the governor, adding, “I was also asked for the purpose of the payments, and I said I did not know the purpose of the payments.”
In another part of his statement, he said the governor gave disbursement directives to pay him and other persons “via text and WhatsApp messages in addition to phone calls and physical verbal directives.”

He cited instances of when he received the governor’s instruction to pay “the usual N10 million monthly to Malam Nura Suleiman Sale” and “N250 million to Northern Elders.”

“For instance, on 22 June 2024, the governor directed me via WhatsApp chat to give $100,000 to Bello Badejo,” he wrote.

He said the Commissioner for Finance, Mr Adamu, was present on some occasions when the governor gave physical and verbal instructions.

Yakubu Takai, one of the fund delivery intermediaries, gave a vivid picture of how Mr Bodejo was allegedly paid.

In the statement he wrote during interrogation by the EFCC on 11 August 2024, Mr Takai recalled acting on the instructions of Danlawan Abdulmumin, who, by accounts of other interviewees, received billions of naira directly from the state government and coordinated their disbursement. Mr Abdulmumin received funds from government sources through different accounts, including those of his flagship D Nice City No. 1 Ltd, which is based in Wuse Zone 4, Abuja, the hub of black market forex trading in the capital city.

Mr Takai, who identified himself as a businessman operating from Wuse Zone 4, Abuja, said, on different occasions, Mr Abdulmumini instructed him to collect US dollars in cash from Kabiru Sale Mohammed of MAHR Multipurpose Ventures of Zone 4, Abuja, for disbursement to Mr Bodejo.

He said he collected a total of $2.33 million, all in cash, from Mr Mohammed, who is also based in Wuse Zone 4, Abuja, and physically delivered it in four tranches to Mr Bodejo.

According to him, on each of the four occasions that he received the money in parts, he contacted Mr Bodejo through a phone number he claimed Mr Abdulmumini provided. Mr Bodejo would then describe the location for their meeting to receive the money, Mr Taika said.

He shared the dates and locations where he delivered the total $2.33 million in four tranches to Mr Bodejo between December 2023 and March 2024.

According to him, he delivered the first tranche of $100,000 to Mr Bodejo in cash at CT View Restaurant Zone 4, Abuja, on 26 December 2023.

He said the second tranche of $980,000 was delivered to Mr Bodejo in cash at Mr Bodejo’s residence at Brains and Hammers behind Old CBN Garki 2, Abuja, on 7 February 2024.

The next delivery, according to Mr Takai, took place at Wuse Zone 4, Abuja, on 3 March 2024, when he said he handed over $750,000 in cash to Mr Bodejo.

He said he delivered the last tranche of $500,000 in cash to Mr Bodejo on 20 March 2024.

Mr Takai, who said he never knew Mr Bodejo until Mr Abdulmumini introduced him, reiterated that “All the United States of America dollars totalling $2,330,000, I personally handed over in cash to Bello Bodejo.”

Point to ponder about Bodejo payments
Mr Takai’s account of cash delivery to Mr Bodejo raises a point to ponder, which will perhaps be clearer at the trial stage.

Three out of the four occasions during which Mr Takai claimed to have delivered funds to Mr Bodejo coincided with the period of Mr Bodejo’s incarceration.

Save the delivery that allegedly took place in December 2023, the rest of them, according to Mr Takai, happened at different locations in Abuja chosen by Mr Bodejo between February and March 2023.

Yet, several media reports show that Mr Bodejo was arrested by the DIA on 23 January 2024 and held till July 2024.

In fact, the Federal High Court in Abuja rejected his bail application on 27 May 2024.

He remained in custody till July 2024, when the AGF’s office withdrew the terrorism charges brought against him, ending his trial.

Compounding the puzzling situation, Kabiru Mohammed, from whom Mr Takai claimed to have received the dollars he delivered, confirmed in a statement he wrote during an interrogation by the EFCC on 11 August 2024, that he was present when Mr Takai handed the total sum of $2.33 million to Mr Bodejo at all the locations.

Mr Mohammed said he similarly witnessed the delivery of funds by Mr Takai to the finance commissioner, Mr Adamu, at various times.

How Mr Bodejo came to receive money from the Bauchi State government’s agent and chose the venue, including his house, to take the funds, when he was reportedly still in detention, remains a puzzle to be resolved.

How finance commissioner received nearly $7 million
Mr Takai also narrated how he delivered about $7 million to the Commissioner for Finance, Yakubu Adamu.

The delivery, which consisted of eight transactions between April 2024 and July 2024, formed the basis for the sundry money laundering charges contained in the terrorism financing case.

Mr Takai said he received a total of $6,965,000 from one Yusuf Haruna based on Mr Abdulmumini’s instructions, “and handed over all in cash to the current commissioner of finance, Bauchi State, Mr Yakubu Adamu.”

He said he met Mr Adamu after calling him through the phone number provided by Mr Abdulmumini.

As in Mr Bodejo’s case, he said, Mr Adamu chose and described their meeting places on each occasion.

He recalled delivering the first tranche of $2 million to Mr Adamu on 4 April 2024 at CT View Restaurant, Zone 4, Abuja, which, according to his narrative, hosted two of their subsequent meetings.

Three meetings followed in May.

On 5 May 2024, he said he gave Mr Adamu a cash sum of $50,000 at Sahad Stores located in the Central Area of Abuja.

On 15 May 2024, Mr Takai said he delivered $915,000 to Mr Adamu at Asokoro, Abuja.

Mr Adamu chose Amingo Supermarket, Wuse 2, Abuja, for their third meeting in May, according to Mr Takai. At the supermarket, Mr Takai said he handed over $1.5 million in cash to Mr Adamu on 27 May 2024.

The rest of the deliveries took place in July, according to Mr Takai’s account. He said he handed over $200,000 to Mr Adamu at the Federal Ministry of Finance, Abuja, on 1 July 2024. This was followed by another delivery on 4 July, when Mr Takai said he handed over $50,000 to Mr Adamu.

Mr Takai said he delivered $250,000 to Mr Adamu at NNPC Headquarters, Abuja, on 6 July 2024.

On 25 July 2024, Mr Takai said he handed $2 million in cash to Mr Adamu at CT View Restaurant, Zone 4, Abuja.

He stressed that neither Mr Adamu nor Mr Bodejo gave any “acknowledgement of receiving the above stated amounts from me”.

Abdulmumuni: The Bauchi’s pre-eminent cash purveyor
The centrality of Mr Abdulmumini to the money vending system emerged in at least six statements written by 36-year-old Yusuf Haruna.

Mr Haruna, a physics graduate and holder of a master’s degree in nuclear physics, was the person from whom Mr Takai claimed to have received the $6.95 million he handed to Mr Adamu, the finance commissioner, on Mr Abdulmumini’s instruction.

Mr Haruna, who authored at least six statements dated 3 April 2025, 26 May 2025, 1 August 2025, 11 August 2025, 25 August 2025, and 26 August 2025 during EFCC interrogations, gave detailed descriptions of the funds he received from Bauchi State Government-related sources.

He detailed how he received cash inflows from the accounts and followed Mr Abdulmumuni’s instructions on how to distribute them.

PREMIUM TIMES tracked at least N7.6 billion Mr Haruna received in his trading accounts, including those of AMY Trading Concept Ltd. He said he registered the business in 2023 for trading in groundnut, palm oil and forex, among others.

Some of the sources of the inflows are the Bauchi State Secretary to the State Government (SSG) Office, Bauchi State Sub-Treasury, and Bauchi Investment Corporation MFB. Other corporate accounts, which did not carry the state government’s name, were believed to have sent money to Mr Haruna as the agent of the state government.

Most of the funds received went to the account of D-Nice No.1 City Ltd, operated by Mr Abdulmumini. Some were disbursed through bank transfers. Others were delivered in cash, in naira or dollars – in Bauchi, Dubai and Abuja.

Disbursements like these, which occurred from July 2023 to 2025, are reflected in separate charges the EFCC has filed against several serving and former officials of Governor Mohammed’s administration in the last few months.

The latest include the finance commissioner, Mr Adamu, whom the EFCC arraigned along with others last month.

Apart from the terrorism financing charges brought against him, there is also a pending money laundering case filed against Mr Adamu and a corporate co-defendant in December.

While the court granted him bail in the money laundering case on 2 January, it denied him and his co-defendants bail in the terrorism financing charges on 5 January.

In April 2025, the EFCC arraigned the Accountant General of Bauchi State, Sirajo Jaja, along with a bureau de change operator, on charges of transferring and converting billions of naira belonging to the Bauchi State Government.

The defendants allegedly committed the offences between 10 July 2024 and 25 November 2024.
The EFCC arraigned them for the offences before a trial judge, Obiora Egwuatu of the Federal High Court in Abuja.
Apart from Mr Jaja and his co-accused, the bureau de change operator, other suspects, including a former Secretary to the State Government, Ibrahim Kashim, were named to be part of the alleged fraud but were said to be at large.
Mr Kashim resigned as the state’s SSG in December 2024, just about a month after the part of the transactions complained of in the EFCC charges allegedly took place in November 2024.

The former official recently denied any wrongdoing regarding the allegations.

Meanwhile, the trial court has set 13 January for the commencement of the terrorism financing trial involving Mr Adamu.

Share this:https://www.premiumtimesng.com/news/headlines/848712-inside-efccs-terrorism-financing-money-laundering-charges-against-bauchi-officials.html

That second goal is the cheapest of all goals. I no fit watch am live, I for dey get headache, back pain and cold all at once. I rely on post-match analysis and YouTube features.

Kukutente23:
Chances are you married a looney who is yet to show his full colours
Come back in another six months with torn face and broken ribs

You are thoroughly mistaken! Very mistaken!! I have followed this lady for over one year on Facebook. The lady is a full pack of wisdom and spiritual knowledge.

So don't talk about what you don't know.

The husband rushed for her and did not allow her to look at anything else before asking for her hand in marriage.

Could Wike have the confindence to disturb a sitting governor if he was not on the President epmloyment?

The President gave him the powers?

ZombieTAMER:
What of keystone

my money dey safe so ?

Keystone is yet ot be fully sold. SO it is still under CBN management

One hopes it will not be relocated. That is a call on Nigerians to follow through on where the money will end.

Rivers is a mini-Nigeria, where all sorts of things go on. I find it difficult to believe that this is happening in Rivers State of yore.

The politics of 2027 is what is keeping Nnamdi Kanu in jail. When the 2027 battle is won and lost, if the present administration survives till that time and wins the election, then he will be free

I don't know why this man is still speaking or why people are listening to him?

He is a political predictor who does not have the fundamntals to make predictions

DoTheNeedful:
Obi is vying to be Atiku's VP; there is no need to deceive anyone.

I don't see Atiku as an ideologue or a principled individual, consumed with the love for Nigeria and convinced in Obi's capabilities to concede presidency to Obi. This is Atiku that has contested every presidential election since 2007, regardless of where the position were zoned. He is in the coalition to get the ticket. Obi knows this and he would gladly accept to be his VP, after he has been "dollar-defeated" in the primaries.

Oseloka, Tanko, Aisha and the rest know that Obi is likely to be Atiku's VP candidate. They are saying all they have been saying over the past few days to allay the fear and concerns of some skeptical hardcore Obidients. Once the primaries have been concluded and Obi "dollar-defeated", they would start changing their tune slowly and "encourage" Obi to be Atiku's running mate.

Once Obi "accepts" to be Atiku's running mate, we would start hearing things like: "Obi will be in charge of economy", "Obi will be the most powerful VP", "Atiku has agreed to do only one term" etc. .

In actual fact, the VP position is not really strong, even in America. Atiku would want to do more than one term, if they win. Their relationship might not last six months after the election, partly because Atiku would be surrounded by the Northern cabals and Obidients will not stay silent. They would give Obi all the credit for any positive thing under Atiku's administration.

Chai! I am seeing too far into the future.

You are using AI to predict the future of Obi in ADC!!!

This is the most useless Minister in BAT's Government from the South West.

God makes miracles, but then people pray and take action for them to occur.

What are we doing differently to bring that into occurrence?

Yeye minister that Makinde finished without any fight!

This argument is very lame. However, the issue of tribalism can never be wished away from our body politic, at least in the next election. This is why BAT is doing all he can to bring all the Governors into the APC. It is for self-preservation. He will be waiting for the Governors to deliver their states.

However, the APC will likely explode after the 2027 election. Power is it that brings all politicians together; power also destroys their parties.

ChizzyBuna:
Israel should learn from Nigeria
How to arrest Islamic Jihadist alive

Umm...do Nigerian have the guts of county leaders in Isreal?

You should commit yourself to the resolutions as you make them. This is whatmakes it seroius with God.

malali:
Libya, Somalia, both bombed by the U.S., always under the guise of “fighting genocide.” But a student of history knows better: America never drops bombs where there’s no financial or strategic interest. Look at the Sahel—Niger, Mali, Burkina Faso—all recently hit by coups, all moving away from Western influence and values.

This is a warning: don’t let frustration with Tinubu or the APC push Nigerians into a greater evil. Striking on Christmas Day? That’s not empathy—it’s cruelty. Playing devil’s advocate, how do we know insurgents and ISIS aren’t being used as a tool, positioning forces close to countries like Mali and Niger that have officially broken from their colonial pasts, like France?

Consider this: how many Nigerians actually get asylum in the U.S.? How many are forced to work long hours with no protection against racial or police discrimination? And now suddenly, the U.S. claims it wants to “save” Nigerians from Nigerians? Really.

Meanwhile, Burkina Faso under Ibrahim Traoré is stabilizing. They’re asserting control, rejecting outside interference. The message is clear: the Sahel is being targeted—crippled, scattered—just like Libya was. The patterns are obvious if you’re paying attention.

But your people will not give the country and peploe rest.

Still, with your treàtise you offered no concrete solution. You are definitely frustrated by this action.

Too sad