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BREAKING: Court Grants Obiano bail after arraignment over alleged N4 billion fraud
Willie Obiano, the former Governor of Anambra, has been granted bail by a Federal High Court in Abuja after facing a nine-count charge of allegedly laundering approximately N4 billion.
The Economic and Financial Crimes Commission (EFCC) arraigned Willie Obiano, the ex-governor of Anambra state, accusing him of involvement in a N4 billion fraud.
The former governor appeared Judge Inyang Ekwo at the Federal High Court in Abuja on Wednesday.
The anti-graft agency accused Obiano on nine counts of alleged N4 billion money laundering during his time as governor of the South-East state from March 2014 to March 2022.
Meanwhile, the ex-governor denied the money laundering charges against him by pleading not guilty.
Sylvanus Tahir, the counsel for the EFCC, asked the court to detain Obiano in the custody of the anti-graft agency.
However, judge Ekwo granted the former governor bail and adjourned the case till March 4 for the commencement of trial.
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According to Tahir, some of the charges brought against include alleged money laundering, corruption and theft, among others.
The case file reads,
“That you, Chief Willie Maduabuchi Obiano, whilst being the executive governor of Anambra State of Nigeria between March 2014 – March 2022, sometime between 7th February, 2018 to 18th February, 2019 in Abuja, within the jurisdiction of this Honourable Court, indirectly transferred through Mr Willie Nwokoye, your then principal private secretary, the sum of N156,800.00 only from the Anambra State Government Security Vote Account No: 5030050875 domiciled in Fidelity Bank Pic into the Fidelity Bank Ple Account No: 6060018819 belonging to C.I. Patty Ventures Nigeria Limited (an entity that had no business relationship with the Anambra State Government), which funds were dissipated for purposes unrelated / unconnected with the security affairs of Anambra State, which you reasonably ought to have known that such funds formed part of the proceeds of your unlawful act, to wit: (Stealing and Corruption) and you thereby committed an offence contrary to Section 15 (2) (b) of the Money Laundering (Prohibition) Act, 2011 (as amended) in 2012 and punishable under Section 15 (3) of the same Act.
“That you, Chief Willie Maduabuchi Obiano, whilst being the executive governor of Anambra State of Nigeria between March 2014 — March 2022, sometime between 9th August, 2017 to 4th March, 2020 in Abuja, within the jurisdiction of this Honourable Court, indirectly transferred through Mr Willie Nwokoye, your then principal private secretary, the sum of N261,268,585.00 only from the Anambra State Government Security Vote Account No: 5030050875 domiciled in Fidelity Bank Plc into the Fidelity Bank Plc Account No: 5600062873 belonging to Easy Diamond Integrated Link (an entity that had no business relationship with the Anambra State Government), which funds were dissipated for purposes unrelated / unconnected with the security affairs of Anambra State, which you reasonably ought to have known that such funds formed part of the proceeds of your unlawful act, to wit: (Stealing and Corruption) and you thereby committed an offence contrary to Section 15 (2) (b) of the Money Laundering (Prohibition) Act, 2011 (as amended) in 2012 and punishable under Section 15 (3) of the same Act.”
Meanwhile, the former governor pleaded not guilty to all the charges.
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Insurgency: US Military supplies Nigeria with weapons to combat terrorism
The United States has delivered critical military supplies to Nigerian security agencies in Abuja, bolstering the country’s ongoing efforts to combat terrorism, banditry, and other security threats amid persistent insecurity.
The United States Africa Command (AFRICOM) announced the handover on Tuesday via a post on X (formerly Twitter), stating: “U.S. forces delivered critical military supplies to our Nigerian partners in Abuja.
This delivery supports Nigeria’s ongoing operations and emphasizes our shared security partnership.”
The announcement included an image of sealed equipment being offloaded from an aircraft.
This latest support comes weeks after U.S. forces conducted a Christmas Day airstrike in Sokoto State targeting Islamic State West Africa Province (ISWAP) militants, an operation carried out in coordination with Nigerian authorities.
The strike followed heightened U.S. attention to security challenges in Nigeria, including President Donald Trump’s earlier designation of the country as a “Country of Particular Concern” over reported violence against Christian communities—a claim Nigeria has rejected, emphasizing that attacks affect citizens across religious and ethnic lines.
The delivery underscores deepening bilateral security cooperation between Washington and Abuja. Nigerian officials have previously highlighted ongoing structured collaboration with the U.S., including enhanced intelligence sharing, expedited defense equipment processing, and potential provision of excess defense articles to reinforce counterterrorism operations.
While specific details on the type or quantity of supplies were not disclosed, the gesture is seen as a timely boost for Nigerian forces engaged in intensified operations against insurgent groups in the North-East, banditry in the North-West and North-Central regions, and other violent threats nationwide.
Former Kaduna Central Senator Shehu Sani described the development as “a welcome development and commendable,” urging other countries to emulate the U.S. gesture in helping Nigeria address insecurity.
The U.S. Mission in Nigeria was tagged in AFRICOM’s announcement, signaling continued partnership.
Neither the Nigerian Ministry of Defence nor the Presidency had issued a formal statement on the delivery as of Tuesday afternoon, though broader security engagements between the two nations remain active.
This move aligns with long-standing U.S.-Nigeria defense ties, which have included previous major provisions such as A-29 Super Tucano aircraft and training programs focused on counterterrorism and civilian harm mitigation.
News
NELFUND releases N161.97bn student loans to more than 864,000 students
The Nigerian Education Loan Fund (NELFUND) has disbursed a total of N161.97 billion in student loans, benefiting 864,798 students across the country since the scheme’s launch in May 2024.
This milestone was announced by NELFUND Managing Director Akintunde Sawyerr during a media briefing in Abuja on Tuesday. The initiative, a key component of President Bola Tinubu’s Renewed Hope Agenda, aims to eliminate financial barriers to higher education and ensure no qualified Nigerian student is denied access to tertiary institutions due to lack of funds.
According to Sawyerr, NELFUND has received 1,361,011 loan applications to date. Of the total disbursed amount:
– N89.94 billion was paid directly to 263 tertiary institutions to cover tuition and other institutional charges.
– N72.03 billion was released directly to students as upkeep allowances to support their living expenses during studies.
The scheme provides interest-free loans to eligible students in public universities, polytechnics, colleges of education, and vocational institutions. Sawyerr emphasized that the growing numbers demonstrate the program’s tangible impact, gradually dismantling financial obstacles and creating new opportunities for young Nigerians.
The agency has conducted widespread sensitization campaigns across tertiary institutions over the past year to boost awareness and participation.
NELFUND is also pursuing partnerships with philanthropists, corporate organizations, and government bodies, including a N20 billion collaboration with the Ministry of Education focused on Technical and Vocational Education and Training (TVET).
Applications for the 2025/2026 academic session began in November 2025, with more than 200 institutions submitting updated data. So far, around 280,000 applications have been received for the new session, and loans have already been disbursed to over 150,000 students.
Sawyerr urged financially challenged students to apply, describing the scheme as a vital lifeline for completing their education. He reiterated NELFUND’s commitment to transparency, accountability, and expanding access to quality higher education nationwide.
News
Sokoto community empty as Bello Turji plans attack
Local accounts said that Turji is attempting to reassert relevance and recognition after a lull in his activities, warning of “dire consequences” for Tidibale and nearby settlements that have not aligned with him.
• Villagers fleeing to neighbouring towns
RESIDENTS of Tidibale, a community in Isa Local government area in Sokoto State, have fled their farms and homes following a severe warning issued by notorious warlord Bello Turji, a name long associated with banditry in the Northwest.
Residents said that the threat, delivered after months of relative silence from Turji, has triggered fresh panic, forcing families to abandon their homes and farmlands. Many
Local accounts said that Turji is attempting to reassert relevance and recognition after a lull in his activities, warning of “dire consequences” for Tidibale and nearby settlements that have not aligned with him.
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