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BREAKING: Court Dismisses Yahaya Bello’s Bid to Quash N110bn Fraud Charge

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A Federal High Court in Abuja has dismissed an application by former Kogi State Governor Yahaya Bello seeking to quash the N110 billion (approximately $60 million) fraud charges brought against him by the Economic and Financial Crimes Commission (EFCC). The court ruled that the trial should proceed without delay.

The development marks a significant setback for the former governor, who has been facing allegations of money laundering, criminal breach of trust, and diversion of public funds during his tenure as governor of Kogi State from 2016 to 2024. Bello, along with two co-defendants, is accused in a multi-count charge involving the alleged conversion of state resources for personal use.

Justice of the Federal Capital Territory (FCT) High Court delivered the ruling after hearing arguments from both the prosecution and the defence. Bello’s legal team had filed the application, challenging aspects of the charge and seeking to have it nullified on various grounds. The court, however, found no merit in the bid and ordered the continuation of the full trial.

This ruling comes amid an ongoing high-profile prosecution where the EFCC has continued to present evidence, including bank records and witness testimonies linking substantial fund movements to Bello and his associates. The case has seen several procedural hurdles, including previous bail applications that were denied and appeals related to jurisdiction.

Bello has consistently denied the allegations, maintaining his innocence and describing the case as politically motivated. He pleaded not guilty when formally arraigned. His lawyers have indicated they will explore further legal options while preparing for the substantive trial.

The EFCC welcomed the court’s decision, describing it as a victory for accountability and the rule of law. “No one is above the law, and public officials must be held responsible for the management of state resources,” an EFCC source said.

The trial has attracted significant public and political attention, given Bello’s prominence in Nigerian politics and his influence within the All Progressives Congress (APC). Proceedings are expected to resume with further witness testimonies and document presentations in the coming weeks.

This latest ruling reinforces the court’s commitment to ensuring the case is heard on its merits, amid broader efforts to combat corruption in Nigeria.

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President Tinubu Performing Umrah

The President is expected to return to Nigeria next week after completing the religious exercise.

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Photo: President Tinubu I Makkah

President Bola Tinubu on Friday commenced performing Umrah at Makkah in Saudi Arabia, praying for the nation and for every Nigerian to live in peace and harmony.

Tinubu on Thursday evening arrived in Saudi Arabia, landing at the King Abdulaziz International Airport in Jeddah.

He was received by Nigeria’s ambassador to Saudi Arabia, Yakubu Gambo, and the Saudi head of royal protocol Ahmad bin Thafir.

Thursday’s trip marks the second time Tinubu has travelled to Makkah to perform Umrah since assuming office on May 29, 2023.

President Tinubu visited the holy city in November 2023, shortly after attending the Saudi-African Summit in Riyadh, where he also prayed for divine guidance in leading Nigeria.

The latest trip is part of a series of foreign engagements undertaken by Tinubu since becoming president. He has visited more than 30 countries in over 50 unique and recurring trips.

The President is expected to return to Nigeria next week after completing the religious exercise.

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State police ready by December — Senate Leader

Highlighting the historic milestone, Bamidele explained that the 30 state approvals comfortably satisfy the two-thirds concurrency requirement mandated by Section 9(2) of the 1999 Constitution (as amended).

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Senate Leader Opeyemi Bamidele has expressed conviction that the proposed state police will be ready on or before December 2026, given that 30 State Houses of Assembly have officially approved the State Police Constitution Alteration Bill, 2026.

Speaking on the Bill on Thursday, the Leader of the Senate declared that multi-tier policing in Nigeria has moved from a recurring political promise into an actionable constitutional reality.

Bamidele, who also serves as the Vice Chairman of the Senate Committee on the Review of the 1999 Constitution, made the disclosure while delivering a paper at the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Plateau State.

He addressed participants of the Senior Executive Course (SEC) 48 on the topic, “Improving the Efficiency and Effectiveness of Governance through Proactive Lawmaking.”

Highlighting the historic milestone, Bamidele explained that the 30 state approvals comfortably satisfy the two-thirds concurrency requirement mandated by Section 9(2) of the 1999 Constitution (as amended).

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Nigeria Debt Concerns Mount as Tinubu Seeks Fresh $20.5bn, €1bn Loans

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President Bola Tinubu’s request for approval to borrow $20.52 billion and €1.045 billion has intensified debate over Nigeria’s rising debt burden and its long-term implications.

Nigeria’s external debt climbed from $43.16 billion in June 2023 to $54.52 billion in June 2026 — an increase of $11.36 billion, or 26.3%. Over the same period, total public debt rose from ₦87.38 trillion to ₦166.79 trillion, a jump of roughly 90.9%.

When the latest loan request is combined with previously approved but undrawn financing, potential external debt exposure could reach about $81.96 billion if all facilities are fully drawn and there is no overlap. Officials stress this remains an illustrative figure rather than current outstanding debt.

The government says the new borrowing will finance critical development projects. Critics, however, are demanding greater transparency. They want clear evidence of what earlier loans have delivered — completed roads, functional hospitals, power projects that have increased electricity supply, and measurable gains for businesses and households facing high living costs.

Questions are also being raised about the scale of new borrowing at a time when government revenues are reported to be rising, and amid concerns from lawmakers about inadequate capital releases to ministries under previous budgets.

Opposition voices and civil society groups are calling for the National Assembly to insist on full disclosure before approving further loans. They want a project-by-project register of external loans since May 2023, showing amounts borrowed and disbursed, loan terms, project locations, implementation status and independently verified results. They also seek a clear assessment of future debt-service obligations and the risks from exchange-rate movements.

Borrowing can support development when investments produce measurable returns and repayment remains sustainable. The central issue, observers say, is not only how much more debt Nigeria can carry, but what citizens receive in return.

The National Assembly is expected to subject the requests to rigorous scrutiny.

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