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Court Orders FG Take Over Of Ogun Illegal Mining Site

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Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of properties recovered from Chinese and Nigerians involved in illegal mining activities in Ogun State to the Federal Government of Nigeria.

 

The forfeited assets include a mining site located behind the Baale’s Palace on Ileposo Street, adjacent to 59 Street, Ode-Remo, Ogun State; a Toyota 4Runner SUV with registration number AWE 261 AE; two trucks laden with substantial quantities of mica and lithium stones; and a 40-foot container containing substantial quantities of mica and lithium stones.

The judge made the order, following a motion filed by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Ikoyi, through its counsel, Bilkisu Buhari, seeking an order for the custody and disposal of the properties pursuant to Section 330 of the Administration of Criminal Justice Act, 2015, and other relevant laws.

The Commission also sought an order empowering the EFCC, in collaboration with the Nigerian Geological Survey Agency and court officials, to dispose of the forfeited assets and deposit the proceeds into an interest-bearing account pending the conclusion of the criminal proceedings.

According to an affidavit deposed to by an EFCC operative, intelligence reports revealed that several individuals, including Chinese and Nigerians, were involved in the illegal mining and trade of mineral resources, particularly mica and lithium stones.

The affidavit further revealed that the syndicate mined and transported the mineral resources from various locations across Nigeria to a site in Ode-Remo Local Government Area of Ogun State, where the minerals were sorted, processed and prepared for export through Apapa Wharf and the Murtala Muhammed International Airport, Ikeja, Lagos.

It was also revealed that operatives of the Commission carried out a sting operation in the early hours of Friday, May 9, 2025, leading to the arrest of two Chinese alleged to be kingpins and six Nigerians at the mining site.

Items recovered during the operation included the Toyota SUV, three trucks loaded with substantial quantities of mica and lithium stones, as well as a 40-foot container containing 3,210 bags of the mineral resources.

According to the affidavit, the properties listed in the schedule were at risk of rapid deterioration due to the rainy season and were already losing economic value.

It was also stated in the affidavit that the principal actors involved in the illegal activities had already been arraigned before the court on charges relating to the unauthorised dealing in mineral resources.

After reviewing the affidavit evidence and submissions by the Commission, Justice Osiagor granted the application and ordered the final forfeiture and disposal of the assets.

The judge also directed that the proceeds be paid into an interest-bearing account pending the criminal trial of the defendants.

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MTN Adamant As Airtime Lending Restored By Telecom Operators

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Telecommunications subscribers across Nigeria have regained access to emergency airtime lending services as major operators, Airtel and Glo, quietly restored the platforms following the suspension of the controversial Digital, Electronic, Online or Non-Traditional Consumer Lending, DEON, Regulations 2025 by the Federal Competition and Consumer Protection Commission, FCCPC.

 

The development comes amid mounting legal pressure on the Commission after a Federal High Court sitting in Lagos ordered a halt to the enforcement of the regulations pending the determination of a suit challenging its powers over telecom-based airtime advances.

Confirming the restoration of the services, Chairman of the Wireless Application Service Providers Association of Nigeria, WASPAN, Ayo Stuffman, disclosed on Monday that the platforms had resumed operations on both networks.

“As we speak, the services in question are already active on Airtel and Glo,” he said.

The return of the services has brought relief to millions of subscribers who depend on emergency airtime credit for daily communication and small-scale business operations.

Industry estimates put the annual airtime lending market at over ₦400 billion.

The FCCPC had earlier moved to regulate airtime lending platforms under the DEON Regulations 2025, insisting that such services fall within the scope of digital consumer credit and therefore require oversight to protect users from alleged abuses, including data privacy violations and unfair lending practices.

The Commission claimed it had received more than 11,000 consumer complaints linked to digital lending operations.

However, the enforcement triggered resistance from stakeholders in the telecommunications ecosystem, particularly WASPAN and other operators, who argued that airtime advances are telecom value-added services and not conventional consumer loans.

The legal dispute escalated after Justice A. Allagoa of the Federal High Court, Lagos, issued an order restraining the FCCPC from enforcing the framework, while Form 49 contempt proceedings were reportedly initiated against the Commission’s Executive Vice Chairman, Tunji Bello.

As at the time of putting this story together at about noon on Tuesday, MTN was yet to comply with the court order.

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Court Clears Jonathan To Contest 2027 Election

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A Federal High Court sitting in Abuja has cleared former President Goodluck Jonathan to participate in the 2027 presidential race.

 

A faction of the Peoples Democratic Party (PDP), under the leadership of Kabiru Tanimu Turaki, last week offered a waiver to Jonathan as the only presidential candidate of the party.

But one Johnmary Jideobi had instituted a suit seeking an order restraining Jonathan from presenting himself to any political party as a candidate for the 2027 presidential election.

The plaintiff had earlier asked the court to stop INEC from accepting, processing or publishing Jonathan’s name as a presidential candidate.

He asked the court to determine whether, having regard to Sections 1(1), (2), (3) and 137(3) of the 1999 Constitution, Jonathan remains eligible to seek the office of president again.

But in his ruling on Tuesday, Justice Peter Lifu held that Jonathan could participate in the election as a contestant.

He also awarded a N20 million fine against Jideobi and in favour of the ex-president.

He equally awarded a one million fine against the plaintiff and in favour of the Attorney-General of the Federation (AGF).

Justice Lifu held that Jideobi lacked the legal right to have instituted the suit having not suffered any loss from his perceived Jonathan’s intention to vie for the next year poll.

The judge, who said that a Federal High Court in Yenagoa and an Appeal Court had already held that Jonathan was eligible to run, said he was bound by the decision of the appellate court.

The judge then described the lawyer’s suit as “an abuse of court process.”

Justice Lifu also dismissed the Jideobi’s motion seeking the judge’s withdrawal from the case for being frivolous.

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Chinmamanda Ozoakpata Introduces New Children’s Benefits as Wema Bank One-Day MD/CEO

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At Wema Bank, we have spent the last few years reimagining what Children’s Day can look like for Nigerian children.

 

What started as a celebration has evolved into an intentional platform designed to build confidence, encourage leadership, promote financial literacy and create meaningful opportunities for children across different age groups.This year, we have raised the bar even higher.

At Wema Bank’s Children’s Day Special Event held on Monday, May 25, 2026, our One-Day MD/CEO, Chinmamanda Diamond Ozoakpata, used her first official act in office to unveil a series of new initiatives designed to reward, educate and empower children through our Royal Kiddies account and ALAT Xplore platform.

From year-long cash rewards and celebrations of academic excellence to financial literacy materials and STEM challenges, here are the new incentives that were announced and how to qualify:1. Birthday Cash Gift (Royal Kiddies Account Holders)Wema bank is putting real money behind milestone birthdays. Active Royal Kiddies account holders turning 5 will receive ₦5,000, while those turning 10 will receive ₦10,000 automatically, as a birthday cash gift. The initiative runs from May 2026 to May 2027.

Importantly, active account holders who already turned 5 or 10 before May 2026 this year will also receive their reward this month.To qualify: Your child must hold an active Royal Kiddies account and be turning (or have turned) age 5 or 10 within the qualifying window.2. ₦100,000 Reward for Top Common Entrance Students (Royal Kiddies Account Holders)In a move that directly ties financial reward to academic achievement, Wema Bank will reward the top 100 students in the National Common Entrance Examination (NCEE) with ₦100,000 each. This initiative commences in June 2026.To qualify:

Your child must be among the top 100 performers in the NCEE and hold a Royal Kiddies account.3. Financial Literacy Book Launch – Money Adventures (Royal Kiddies Account Holders)Wema Bank officially launched Money Adventures, a financial literacy book created for children aged 6 and above, at the Children’s Day event.

Designed to make money conversations simpler and more engaging for young readers, the book introduces children to foundational concepts around saving, money management and responsible financial habits in a fun, age-appropriate way. To qualify: To receive a copy of this book, your child must hold an active Royal Kiddies account or have their Royal Kiddies account newly activated.4. Evolve School Tour STEM Challenge (ALAT Xplore Account Holders)The Bank also unveiled the Evolve School Tour STEM Challenge. Designed for secondary school students aged 13–17, the programme will run across six schools nationwide with existing STEM programmes. Through hands-on STEM competitions and school engagements, the initiative aims to promote innovation, technology awareness, financial literacy and responsible savings culture.

There will also be monetary prizes to be won at the end of the challenge.To qualify: Your child must be an ALAT Xplore customer, aged 13–17, and attend one of the participating schools with an active STEM programme.Over the last four years, Wema Bank has consistently treated Children’s Day as more than a calendar moment. From the One-Day MD/CEO initiative to school tours, leadership experiences and child-focused financial literacy campaigns, the Bank has continued to expand how it supports children meaningfully.

Yet, this is the first time  the bank has included a Children’s Day initiative that runs for an entire year. Combine that with a six-figure academic reward, a published financial literacy resource, and a nationwide school tour, and it becomes clear: this is the most comprehensive, most impactful package of benefits Wema Bank has ever delivered to its youngest customers.

It signals a growing commitment by Wema Bank to create experiences for children that extend far beyond celebration and leave a lasting impact long after Children’s Day is over.

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