News
EFCC Drags Longest Serving Rep Member, Mutu, Two Others To Court For Alleged Money Laundering

The Economic and Financial Crimes Commission (EFCC), has arraigned the member, representing Bomadi/Patani Federal Constituency of Delta State, Nicholas Mutu, and two other firms at the Abuja Division of the Federal High Court over alleged N320 million money laundering
The EFCC had, in the 13-count amended charge, sued Mr Mutu, who represents Bomadi/Patani Federal Constituency of Delta State, along with Airworld Technologies Ltd and Oyien Homes Ltd.
In the second amended charge marked FHC/ABJ/CR/123/2019, dated November 22, 2021, and filed November 23, 2021, the defendants were arraigned on 13 counts but pleaded not guilty.
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Mr Mutu was alleged to have committed the alleged offences between August 2014 and August 2016 when he served as the chairman of the House of Representatives Committee on the Niger Delta Development Commission (NDDC).
In the charge, he was accused of procuring “Airworld Technologies Ltd to conceal of the sum of N320,159, 689.63 to be paid by Starline Consultancy Services Ltd when you reasonably ought to have known that the said sum of N320, 159, 689.63 formed part of proceeds of corruption, gratification and fraudulent acquisition of property.”
While opposing the no-case submissions, prosecuting lawyer Ekele Iheanacho argued that the money paid to the defendants by Starline Consultancy, a contractor to NDDC, amounted to gratification.
Mr Iheanacho added that Mr Mutu used his official position as the chairman of the House Committee on NDDC to accept the various sums of money paid by the NDDC contractor.
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The prosecuting lawyer contended that Mr Mutu’s alleged conduct violated both the provision of the Independent Corrupt Practices and Other Related Offences (ICPC) Act and Code of Conduct for public officers, which constitute predicate offences to the money laundering offence for which he was being prosecuted.
During the arraignment, Justice Folashade Giwa-Ogunbanjo, dismissed Mutu’s no-case submission in the alleged N320 million money laundering charge by the Economic and Financial Crimes Commission (EFCC) against the federal lawmaker.
Justice Giwa-Ogunbanjo, in a ruling, directed Mutu and his co-defendants to enter their defence as they have a case to answer regarding the allegations made against them.
Adjoining the matter to February 21 and 22 for the defendants to open their defence, the Judge held that the prosecution had adduced sufficient evidence to establish a prima facie case against the three defendants to warrant their being called upon to enter a defence.
News
FULL LIST: Nigerian Navy Redeploys 65 Rear Admirals

The Chief of the Naval Staff, Vice Admiral Idi Abbas, has approved the appointment and redeployment of 65 Rear Admirals to various commands, institutions, and departments within the Nigerian Navy and the Armed Forces.
A statement on Monday by the Director of Information, Commodore A. Adams-Aliu, said the postings affect officers at the Naval Headquarters, Defence Headquarters, Tri-Service Institutions, Naval Commands, and naval subsidiaries.
According to The PUNCH, the redeployments follow Abbas’ assumption of office as the 23rd indigenous Chief of the Naval Staff on Thursday.
The Nigerian Army and the Nigerian Air Force had earlier carried out their redeployments on Thursday and Friday, respectively.
Among the officers redeployed by the Chief of the Naval Staff, Rear Admiral Suleiman Abdullahi moves from the Defence Headquarters to Naval Headquarters as Chief of Logistics.
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Adams-Aliu added that Rear Admiral Kasim Bushi moves from the Naval Training Command to the International Maritime Institute of Nigeria as Executive Director, while Rear Admiral Suleiman Dahun was appointed Director of Defence Cooperation at the Defence Headquarters.
He noted that Rear Admiral Anenechukwu Ezenma has been posted to the Defence Headquarters as Director, Lessons Learnt; Rear Admiral Samuel Ngatuwa becomes Director of Project Management; and Rear Admiral Ibrahim Shehu remains Admiral Superintendent of the Naval Dockyard Limited.
“Also listed was Rear Admiral Abdullahi Ahmed, previously at Naval Headquarters but now appointed Commandant, National Defence College. Others are Rear Admiral Musa Katagum, formerly at Defence Headquarters, now appointed to Naval Headquarters as Chief of Operations; Rear Admiral Fredrick Damtong, appointed Chief of Naval Engineering at Naval Headquarters; Rear Admiral Abdul-Rasheed Haruna, formerly at Defence Headquarters, appointed Chief of Training at Naval Headquarters; Rear Admiral Hamza Ibrahim, appointed Group Managing Director, Navy Holdings Limited; Rear Admiral Sunday Oyegade, who will proceed to the Defence Intelligence Agency as Director of Logistics; Rear Admiral Gideon Kachim, who will move to Defence Headquarters as Chief of Defence Administration; Rear Admiral Saburi Lawal, reappointed to Navy Holdings Limited as Executive Director, Business Development and Evaluation; and Rear Admiral Jonathan Mamman, formerly at Defence Headquarters, appointed to Naval Headquarters as Chief of Administration,” the statement added.
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He said Rear Admiral Kehinde Odubanjo becomes Director General of the Defence Research and Development Bureau; Rear Admiral John Okeke is now Chief of Defence Civil-Military Cooperation; and Rear Admiral Abolade Ogunleye is appointed Chief of Defence Training at the Defence Headquarters.
The redeployment also affects officers posted to naval subsidiaries and commercial entities.
Rear Admiral Peter Zakaria was appointed Executive Director, Administration and Human Resources, Navy Holdings Limited, while Rear Admiral Olufemi Adeleke became Director of Cyber Security at the Defence Space Agency.
“Rear Admiral Abiodun Alade is now Flag Officer Commanding Logistics Command, and Rear Admiral Pakiribo Anabraba becomes Chief of Naval Safety and Standard. Rear Admiral Emmanuel Anakwe proceeds to the National Institute of Policy and Strategic Studies as Moderator, while Rear Admiral Abdul-Hamid Baba-Inna takes over as Navy Secretary.
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“Assignments to the Naval Commands include Rear Admiral Abubakar Mustapha as Flag Officer Commanding Western Naval Command; Rear Admiral Chidozie Okehie as Flag Officer Commanding Eastern Naval Command; and Rear Admiral Suleiman Ibrahim as Flag Officer Commanding Central Naval Command.
“Rear Admiral Musiu Yussuff becomes Director of Marine Engineering; Rear Admiral Kolawole Oguntuga becomes Director of Manning at Naval Headquarters; while Rear Admiral Mohammed Muye has been appointed Commandant of the Naval War College,” the statement added.
Commodore Adams-Aliu said the postings take immediate effect
News
Firm Secures $50bn Funding For Ondo Refinery, Free Trade Zone Project

Backbone Infrastructure Ltd has secured funding commitments exceeding $50 billion for the development of a 500,000 barrels-per-day refinery and the Sunshine Free Trade Zone in Ilaje Local Government Area of Ondo State.
The funding was facilitated through a joint venture agreement between BINL and NEFEX Holdings Limited of Canada, marking one of the largest single private sector investment packages targeted at Nigeria’s downstream oil and gas industry.
According to a statement issued by the company on Monday, the investment follows the signing of a Memorandum of Understanding between BINL and the Ondo State Government, through the Ondo State Investment Promotion Agency, in July.
The company said the project is expected to transform the state into a key refining and export hub in the Niger Delta corridor.
The statement read, “Following the successful execution of the Memorandum of Understanding between Backbone Infrastructure Ltd and the Ondo State Government, through the Ondo State Investment Promotion Agency, for the construction of a 500,000 barrels-per-day refinery and the development of a 1,471-hectare Sunshine Free Trade Zone in the Ilaje area of Ondo State in July, Backbone has secured project funding exceeding $50bnfor both projects through a joint venture agreement with its partner, NEFEX Holdings Limited of Canada.”
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The statement added that a team from BINL, led by its Chairman and former Senate President, Senator Ken Nnamani, is scheduled to visit Akure on Monday for meetings with state government officials and a courtesy visit to Governor Lucky Aiyedatiwa.
The visit will also include site inspections, stakeholder engagements, and consultations with host communities, including a royal audience with the Olugbo of Ugbo Kingdom, Oba Obateru Akinrutan.
According to BINL’s Vice President for Corporate Services, Wale Adekola, the partnership with NEFEX Petroline, an engineering, construction, and energy infrastructure firm with operations across North America, Europe, and the Middle East, will fast-track the technical and financial groundwork needed to commence construction.
Their speciality also includes port and infrastructure development, petrochemical trading and supply, investment, and project management.
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“With operations across the Middle East, Europe, North America, and beyond, NEFEX Petroline combines the advantages of a global network with deep local understanding. The firm maintains partnerships with leading global financial institutions to secure multi-currency credit lines and liquidity support for large-scale operations,” Adekola said.
‘’Our partnership with NEFEX opens the next chapter for the commencement of BINL Refinery development, ‘’ the BINL executive added.
He added that the BINL-NEFEX partnership represents “the next chapter” in the company’s refinery development efforts, with plans to also collaborate with the Nigerian National Petroleum Company Limited to ensure seamless integration into Nigeria’s oil value chain.
The refinery, upon completion, is expected to meet local demand for petroleum products, provide feedstock to industries, and export refined products to international markets. It will also include storage facilities, loading bays, terminals, and a network of internal roads, according to the project brief.
Similarly, the 1,471-hectare Sunshine Free Trade Zone will host industrial clusters, logistics facilities, and residential zones, positioning Ondo State as an emerging industrial hub in Southwest Nigeria.
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The $50bn project could significantly reduce Nigeria’s reliance on imported refined fuel, conserve foreign exchange, and create thousands of direct and indirect jobs.
It also aligns with the Federal Government’s push to attract private capital into critical infrastructure, especially as the country seeks to replicate the Dangote Refinery model and expand its refining capacity.
BINL, which operates offices in Abuja, London, and Zug, Switzerland, said its corporate social responsibility framework will focus on education, skills development, and infrastructure projects in host communities.
Adekola commended Governor Aiyedatiwa for his “visionary leadership” and commitment to attracting credible investors.
“We commend the governor for opening the state to genuine partnerships and creating the right environment for both local and international investors to thrive,” he said.
The refinery and free zone project, expected to span several phases, could redefine the economic landscape of Ondo State, making it a key energy and industrial hub in Nigeria’s South-West region.
News
VIDEO: Pastor Adefarasin Reacts To US Genocide Claims In Nigeria

The Senior Pastor of Guiding Light Assembly, Pastor Wale Adefarasin, has questioned the United States’ sudden show of concern for Christians in Nigeria following U.S. President Donald Trump’s recent comments about alleged religious persecution in the country.
Speaking in a video which started trending on Monday, Adefarasin said the killings of Christians in parts of northern Nigeria were not new and should not be exaggerated as genocide.
He said, “For 40 years that I have been a Christian, there have been killings in southern Kaduna, killings on the plateau, there have been riots.
“Sometimes, I think it was in France, an image of Prophet Muhammad was defaced. Who remembers that? And as a result of that, there were killings of Christians in Nigeria.”
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According to him, the West’s portrayal of the situation as if Christians in Nigeria are under constant attack is misleading.
“And so, it’s nothing new. It doesn’t amount to genocide. The way the West are talking about it, it’s as if if a Christian steps on the street, his head will be blown off,” he added.
The pastor went on to question the motives behind the United States’ growing interest in Nigeria’s internal affairs.
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“I’m trying to understand this sudden love for Christians. Is it because we now have one of the largest refineries in the world, and no longer have to ship raw materials abroad and bring the finished products?
“Or is it because of the 21st century minerals that we now have in our earth, that are used to generate nuclear power for electric vehicles? Are those the reasons that our friends are threatening to invade our country to defend and protect Nigerian Christians?” he asked.
His comments come amid a wave of reactions from Nigerian leaders, clerics, and civil society groups following Trump’s threat of possible U.S. military action in Nigeria over the alleged killing of Christians.
Watch the video below:
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