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Cubana Chief Priest To Forfeit ₦10m To FG, Campaign Against Naira Mutilation

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The Federal High Court sitting in Lagos has ordered celebrity bartender and business man, Pascal Okechukwu popularly known as Cubana Chief Priest to forfeit the sum of ₦10m to the Federal Government as a fine in lieu of the charge made against him for alleged abuse of the Naira.

This was contained in the terms of settlement agreement with the Economic and Financial Crimes Commission (EFCC) which was adopted before the trial judge, Justice Kehinde Ogundare on Tuesday.

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At the proceedings, Counsel for the EFCC, Bilkisu Buhari-Bala, informed the court that parties in the charge entered into the out of-court settlement and same was duly signed by both parties.

READ ALSO: Naira Abuse: EFCC, Cubana Chief Priest To Settle Out Of Court

The defendant’s counsel, Senior Advocate of Nigeria, Chikaosolu Ojukwu commended the reasonable action of the anti-graft agency in having the matter resolved. He said the defendant is equally remorseful and promises to turn over a new leaf going forward.

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Ojukwu also said that the consequences of the settlement is for the court to dismiss the charge.

Justice Ogundare in his short ruling adopted the terms of settlement and consequently struck out the charge.

The terms of settlement agreement pursuant to Section 14 (2) of the EFCC Establishment Act, 2004, read:

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READ ALSO: Naira Abuse: Court Adjourns Cubana Chief Priest’s Trial

“The agreement applies only to the findings relating to contraventions of the law contained tn the pending charge preferred against the defendant.

“The defendant thall enter into a bond with the EFCC to be of good behaviour and never indulge in any Economic and Financial Crime or related offences.

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“The Defendant shall engage in rigorous and intensive sensitisation and/or campaign against the abuse of coins and notes issued under the CBN Act as legal tender.

“The defendant shall bi-monthly post on his various social media handles a minimum of two video clips of his sensitisation/campaign against abuse of naira and sundry offences.

“The Defendant shall pay to the consolidated revenue fund of Federation such sum not below the sum of Ten million naira (N10,000,000:00) only upon the execution af this agreement.”

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Metro

Man Stabs Colleague To Death In Lagos Over Money Dispute

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A deadly confrontation occurred on Wednesday in the Mandilas area of Lagos Island, leaving one person dead after a stabbing incident.

The Lagos State Police Command, Ikeja, through CSP Benjamin Hundeyin, Police Public Relations Officer, clarified in a statement made available to The PUNCH that there was no tribal clash or ethnic conflict at Balogun Market, where the incident took place.

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According to the police, “The Lagos State Police Command hereby wish to inform the general public that there was no tribal clash or disturbance between any ethnic groups and others inside Balogun Market today.

READ ALSO:Man Stabs Lover To Death In Rivers Over Cheating Allegation

There was an incident of a free-for-all fight between some hoodlums and miscreants in the Balogun Market in the early hours of today at around 11 am.

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“During the fight, one Ebuka Adindu from Abia State stabbed one Sodiq Ibrahim from Kogi State to death, and the said Ebuka Adindu in turn stabbed himself on the shoulder and became unconscious. He is currently under arrest in the hospital, where he is being treated.

“Investigation into the matter will be concluded, and he will be prosecuted after he has been discharged from the hospital. There was no loss of innocent lives or injury to any person or damage to the goods and properties of marketers inside Balogun Market.”

READ ALSO:Gunmen Stab Ogun Bizman To Death

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The police emphasised that no innocent lives were lost beyond the victim, no other injuries were reported, and there was no damage to goods or property at the market.

Normalcy has been restored, and residents and traders have been urged to continue their activities without fear.

Commissioner of Police, Lagos State Command, CP Olohundare Jimoh, called on residents to remain law-abiding and cooperate with the police to sustain peace in the state, stressing that Lagos remains generally peaceful.

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READ ALSO:My Husband Leaves Home Whenever We Have Misunderstanding, Woman Tells Court

Eyewitnesses said the conflict began as a disagreement between the two men over the division of money from a recent job. The argument escalated, resulting in the fatal stabbing.

Bystanders reportedly restrained the attacker before handing him over to authorities. Tensions briefly flared again when friends of the deceased protested, but order was quickly restored.

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Police Rescue 16 Kidnap Victims Along Benin-Lagos Road

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The Edo State Police Command has rescued 16 kidnapped victims in a series of coordinated operations along the Benin–Lagos and Benin–Akure highways.

Police Public Relations Officer, Moses Yamu, confirmed the development in a statement on Wednesday, noting that the operations followed separate incidents on August 23, 2025, when armed kidnappers blocked sections of the highways and abducted several travellers.

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According to the statement, distress calls prompted the swift mobilisation of operatives from the Iguobazuwa and Ekiadolor Divisions, supported by tactical teams, local vigilantes, and hunters. The teams embarked on intensive bush-combing operations to track the abductors and free the victims.

READ ALSO:Police Arrest Eight Members Of Armed Robbery Syndicate In Delta

It was noted in the statement that the Edo State Commissioner of Police, Monday Agbonika, personally led the operation along the Benin–Akure axis, deploying drones and other technical support to enhance precision.

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Six victims were rescued along the Benin–Akure Road, including one with a gunshot injury who is now receiving treatment. Three more victims were freed on the Benin–Lagos Road, while an additional seven regained their freedom on August 25,” the statement read.

Agbonika commended the operatives, vigilantes, and local hunters for their collaboration, stressing that the partnership between security agencies and communities remains vital in tackling violent crime.

He assured the public that efforts are ongoing to rescue remaining victims and apprehend the perpetrators, adding that the command would continue to deploy human and technological resources to secure Edo highways.

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Suspected Cultists Invade Rivers Compound, Rob Students, Residents

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Suspected cultists on Wednesday attacked a residential compound at Ekwulobia Street in the Mile 3 area of Diobu, Port Harcourt, breaking into tenants’ rooms and stealing valuables.

Two of the victims were female university students in the state.

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Stolen items included laptops, mobile phones, and other personal belongings.

It was gathered that the gang, reportedly led by a man named Graham, gained access to the compound by breaking a back window and removing the iron protector.

READ ALSO:Man Stabs Lover To Death In Rivers Over Cheating Allegation

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One of the victims, David Eze, who lives on the second floor, narrated the ordeal to newsmen, saying he and other tenants are now living in fear.

He said, “I live upstairs on the second floor. Around 4 a.m., I woke up and found that my two phones and laptop were missing. I didn’t hear anything during the night, so I suspect they came in quietly.

“When I stepped out to raise the alarm, I discovered that other tenants had also been robbed.

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“My door had been pierced with a knife, and someone had manipulated the lock to gain entry. They took my laptop and phones. By the time I came downstairs, security personnel and my co-tenants were already outside, reporting the incident.”

READ ALSO:26-year-old Nigerian Fatally Stabbed In London

Similarly, a female resident who identified herself as Chidinma recounted a terrifying encounter

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“Last night (Tuesday), I woke up to a noise and saw a young man standing beside my bed with a knife. He told me not to shout, threatening to stab me if I did. I was very scared.

“He took my phone and my brother’s two phones before leaving. It felt unreal, like a dream,” she said.

Our correspondent gathered that the hoodlums broke into four rooms in total, making away with five mobile phones, one laptop, and an unspecified amount of cash.

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READ ALSO:Man Stabs 11 People At Walmart Store In US

Two kitchen knives were left behind when the criminals fled after being chased by members of a local vigilante group who arrived at the scene.

Residents confirmed that the incident had been reported to the Azikiwe Police Division, Illabouchi, in Mile 2, Diobu.

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When contacted, the Rivers State Police Command spokesperson, Grace Iringe Koko, said she would follow up with the Divisional Police Officer and provide feedback.

As of Wednesday evening, no update had been received.

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