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Ekweremadu: Ohanaeze Knocks EFCC, Says We Have Been Vindicated

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Apex Igbo socio-cultural organization, Ohanaeze Ndigbo Youth Council Worldwide, on Sunday, came hard on the Economic and Financial Crimes Commission, EFCC, over its role in the ongoing trial of former Deputy Senate President, Senator Ike Ekweremadu.

The group’s statement signed by its National President, Mazi Okwu Nnabuike was in reaction to the revelation that the EFCC wrote a letter to the United Kingdom court where the lawmaker is standing trial.

Ohanaeze said its earlier position that there is more to the London travail of Ekweremadu than meets the eye had now been justified by the revelation in court on Thursday by the lawmaker’s legal counsel, Chief Adegboyega Awomolo (SAN), that the EFCC authored a letter with which the London Metropolitan Police scuttled the Senator’s bail in the ongoing organ harvest trial and also concealed vital information from the Federal High Court Abuja to obtain an ex-parte interim assets forfeiture order against the lawmaker.

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The organisation also expressed outrage over what it described as the EFCC’s decision to ignore petitions against former executive office holders with well known corruption allegations to hunt after Ekweremadu, who as a lawmaker, had not been in a position to administer public funds.

These were contained in a statement issued by the National President of Ohanaeze Ndigbo Youth Council Worldwide, Mazi Okwu Nnabuike, on Sunday.

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Ohanaeze Ndigbo Youth said: “The revelation in court that the EFCC indeed armed the London Metropolitan Police with the letter with which it scuttled Chief Ike Ekweremadu’s bail has justified our November 2022 statement that the anti-graft agency was working hand in glove with foreign and local interests to to detain and nail the lawmaker at all cost.

“We disagree with the EFCC that the said letter was a mere routine to a counterpart government agency and that the asset forfeiture proceedings instituted against Ekweremadu only after exchanges of communication with the London Police and while in detention was a mere coincidence.

“Even if no legally stipulated timeframe for the EFCC to initiate forfeiture proceedings or criminal charges against a suspect as claimed by the agency, is it patriotic, professional, ethical, and auspicious for the anti-graft agency to go after a man they claim to have been investigating since 2008 only when he was detained in London?

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“Would the London Metropolitan Police arm the EFCC with a letter to sabotage the bail application of a British citizen, let alone Member of Parliament, in a Nigerian court, pledge its readiness to go to court against that citizen in London while in Nigerian detention, and go ahead to do exactly that?

“Is it honourable on the path of the EFCC to have withheld from the Federal High Court the fact that it had investigated Ekweremadu for well over a decade and that the lawmaker is in detention in a foreign land and would not be available to defend himself, knowing that the hoourable court would be guided by such information in making a just decision on whether or not it should indeed grant the interim assets forfeiture which it ordered against the lawmaker which in October?”

It described as a shameful the fact that while developed democracies, including the UK and USA, were known to embark on diplomatic overdrive to secure respite and freedom of their citizens facing drug-related and more heinous charges in foreign lands, the EFCC is injecting itself malevolently into Ekweremadu’s overseas trial in a clearly unrelated matter.

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“From Nuhu Ribadu to Farida Waziri, Ibarahim Lamorde, Ibrahim Magu, and now Abdulrasheed Bawa, the chairmanship of the EFCC has permanently resided in one part of the country since its inception, thereby resulting in a clear pattern of persecution, humiliation, and assets stripping of southern people and businesses by the agency.

“Besides, it is most unfortunate that the EFCC has overlooked its Augean stable most recently relating to the humongous allegations of corruption against its last Chairman as well as other issues of alleged mismanagement of recovered or seized assets but only to hunt after a distinguished Nigerian lawmaker in detention and facing trial in a foreign land,” it concluded.

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

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Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma

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La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

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He has been a regular feature for Lazio this season.

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Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

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The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

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READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

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“This contradiction will no longer be tolerated,” the statement said.

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

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First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

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Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

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Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

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Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

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Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

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By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

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Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

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