Crime
Naira crisis: 3 killed, banks burnt, as Nigerians protest
The protests equally spread to Oyo, Ondo, Benue and Kwara states as residents vented their anger over the scarcity of cash which had made life unbearable for many Nigerians.
Trouble started in Benin, the Edo State capital after the bank customers besieged the state branch of the CBN at 9, Akpapakva Road to lodge their old naira notes around 8 am.
Findings indicated that the people were calm as they waited at the gate for the officials to attend to them.
However, at some minutes to 10 am, a Hilux van carrying some officials attempted to enter the premises but the people stopped it in the belief that it was there to convey new naira notes.
The police officers guarding the office appealed to the people to allow the vehicle to access the premises but they were adamant and attempted to invade the premises.
The restive bank customers threw stones and sticks at the vehicle and in an attempt to disperse the crowd, the police mistakenly shot a male customer dead, further inflaming the protesters.
At 11.45 am, our correspondent also observed two corpses, one in Upper Sakponba and the other in Uselu, but the circumstances of their death were not clear.
However, the development led to an all-out offensive from the protesters who attacked nearly all the banks along the Akpkakpkava Road.
They also stormed the Sterling Bank, UBA, GTB, Access, Zenith, Stanbic IBTC and others destroying their ATMs and buildings with stones.
The rioters later took over the Ring Road and were throwing stones at anything in sight.
To restore peace and order in the metropolis, soldiers and policemen were quickly dispatched to the crisis zones and the custodial centre to prevent a jailbreak.
Also, members of the Edo State Security Network and vigilantes paraded the street, dismantling the roadblocks set up by the protesters in different parts of the city.
In Warri, Delta State, youths protesting the rejection of the old naira notes razed several vehicles parked in front of First Bank Plc, Access Bank and Union Bank branches located in the Orovwohworun area of the Udu.
As early as 9 am, the bank customers started arriving in the area which became crowded within a short time.
But they grew restive after waiting for some time without being attended to by the bank officials.
They became uncontrollable and set fire to vehicles parked in front of the banks.
No fewer than four vehicles were razed by the protesters in and around the Udu Express Junction and Ovwian area of Udu.
The protesters, who comprised mainly tricycle and motorcycle commercial operators, similarly attacked the ATM points before setting the banking halls on fire.
The mob blocked a section of the road before torching Access Bank and other banks.
One of the protesters who did not disclose his identity said, “We are hungry and we are in a cash dilemma. No new naira notes and they are rejecting the old ones. People cannot eat, do business, we are hungry and people are dying and they are still saying politics.”
Also, a fuel station in the area was set on fire for rejecting the old notes.
There was tension following heavy gunshots fired by soldiers and policemen drafted to protect banks in Udu, Effurun and Warri.
The Police Public Relations Officer for the Delta State Command, Bright Edafe could not be reached for comment on the incident as of the time of filing this report.
Oyo protesters
In Ibadan, the Oyo State capital, as early as 7 am, protesters started barricading the major roads to protest the naira and fuel crises in the state.
They also blocked the Lagos-Ibadan Expressway, grounding vehicular movements and commercial activities.
Our correspondent observed that the youth mounted roadblocks at the Iwo Road, Agodi Gate axis, Challenge, Olorunsogo, and Academy areas.
Other areas that were locked down included the state secretariat, Poly Road, Sango, Mokola, Dugbe, Orita Challenge, Beere, Total Garden, Bodija Oju’rin, Eleyele, Ologuneru, Gbopa and Apete, all within Ibadan North, Ibadan North West and Ido Local Government Areas of the state.
Reports say similar protest which rocked the city on February 3, was hijacked by suspected miscreants who set ablaze a police station and stole the station’s plasma television set.
They vandalised a branch of Wema Bank in the area and looted some roadside shops.
Banks, public and private schools, shops and companies hurriedly shut down for fear of being attacked.
A protester stated, “I have never experienced this kind of frustration in my life, and I want to believe that the people in government are doing this intentionally. They have their target. They wanted to add to our suffering so that we will not come out during the election, but they have failed.’’
Motorists expressed worries over the development. Mr Dapo Adedeji said he was on his way to Lagos from Osogbo when he met the youth on the Iwo Road and they asked him to turn back.
He said, “I first met them at Iwo road, and they sent me back so I followed other vehicles to Old Ife road. Luckily, I was able to get to this place (Olorunsogo) but these guys are radicals because they were carrying sticks and almost broke my windscreen but I quickly reversed.’’
“This is getting serious and the government should do something. The last time I experienced this kind of thing was during the EndSARS (protests). They shouldn’t allow things to get to that level again,” he added.
Similarly, Ayorinde Taiwo said he had been waiting for the roadblocks to be removed from the road for over three hours.
Meanwhile, the All Progressives Congress in the state has accused the state Governor, Seyi Makinde, and the state chapter of the Peoples Democratic Party of masterminding the protest.
A statement by the APC Publicity Secretary, Olawale Sadare, on Wednesday, said, “There are all indications that the pockets of protest being witnessed in some major parts of Ibadan were coordinated and sponsored by the PDP government in the state with a view to frustrating the presidential rally of APC which was moved from Tuesday last week and rescheduled for tomorrow (Thursday) as it became imperative for us to act in the mood of the nation.’’
The Bauchi State Police Command has commenced an investigation into the death of a 20-year-old man, Abdullahi Adamu, following allegations that he was assaulted while in police custody in Misau Local Government Area.
The Command’s spokesperson, SP Nafiu Habib, disclosed this in a statement issued on Monday, saying the police became aware of reports circulating on social media alleging that officers attached to a police outpost under the Misau Division assaulted the Sebore Village resident during interrogation.
According to the statement, Adamu was initially taken to the Federal Medical Centre (FMC), Misau, for treatment before being referred to the Abubakar Tafawa Balewa University Teaching Hospital (ATBUTH), Bauchi, where he was confirmed dead on Sunday, July 12, 2026.
Reacting to the incident, the Commissioner of Police, Sani-Omolori Aliyu, directed an immediate and thorough investigation into the circumstances surrounding the death, stressing that the Command remains committed to professionalism, respect for human rights, and due process.
He assured that any officer found culpable would face appropriate disciplinary and legal action in accordance with the law.
“The Command is committed to ensuring that justice is served, and appropriate disciplinary and legal actions will be taken against any personnel found culpable,” the statement read.
The police also expressed condolences to the deceased’s family and prayed for the peaceful repose of his soul.
The Command appealed to members of the public with relevant information to assist the ongoing investigation, noting that it has not confirmed the allegations against its personnel and that investigations are ongoing to establish the facts surrounding the incident.
Speaking during an interview on Channels Television, Adeyemi insisted that the funds were obtained through loans, adding that he has yet to repay the money.
“I borrowed the ₦400 million to pay for the appointment, and I am still indebted to those who gave me the money,” he said.
Adeyemi also dismissed allegations that he falsely presented himself as a United Nations ambassador, describing the claims as a calculated smear campaign aimed at discrediting him.
The controversy stems from earlier allegations in which Adeyemi accused Gbajabiamila of receiving ₦400 million through a proxy to facilitate his appointment and subsequently demanding an additional ₦200 million before the agency could become fully operational.
The Presidency has rejected the allegations, maintaining that Adeyemi heads a non-existent agency.
However, reports indicate that the Presidential Foreign Intervention Promotion Council received allocations in the federal budget and operated from an office within the Federal Secretariat in Abuja.
Amid growing public attention, President Bola Tinubu last week directed the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to investigate the bribery and forgery allegations involving the PFIPC and all individuals named in the claims.
The allegations against Gbajabiamila remain under investigation, and no official findings have been released by the anti-corruption agency.Politics
Both the Presidency and the Chief of Staff have continued to deny any wrongdoing.
Suspected gunmen have abducted several mourners escorting the remains of a Federal Road Safety Corps (FRSC) officer to Benue State for burial after ambushing their convoy along the Ososo–Ajaokuta axis of Kogi State.
The victims were travelling with the body of Deputy Corps Commander Augustine O. Ikwue, popularly known as “Etume Zero,” when the attackers struck, forcing the mourners and the corpse into the bush.
According to citizen journalist and activist Meddy Olotu, the kidnappers later abandoned the officer’s body, which was recovered around Ejule in Kogi State, while the abducted mourners remain in captivity.
Olotu said the kidnappers are demanding a ₦50 million ransom for the victims’ release.
Describing the incident as heartbreaking, he lamented the worsening security situation in the country, saying, “What kind of country are we living in? Even the dead cannot rest in peace.”
He called on security agencies to intensify efforts to rescue the abducted mourners and ensure those responsible are brought to justice.
The late Deputy Corps Commander Augustine O. Ikwue was scheduled to be buried on Friday in Ai-Ode, Upu Community, Otukpo Local Government Area of Benue State, before the funeral procession was attacked.
Mr Gbajabiamila has been implicated in corruption scandals across borders, including in the U.S., where he was disbarred by the State Bar of Georgia.
President Bola Tinubu’s chief of staff, Femi Gbajamila, illegally cornered tens of billions of naira in oil and gas royalty from Nigeria’s thriving oil regulatory commission after citing a fake law for the president’s approval, documents seen by Peoples Gazette showed.
Weeks after Mr Tinubu took the oath of office in 2023, his chief of staff began canvassing for money, knocking on the doors of highly lucrative agencies like the Nigeria Revenue Service (formerly Federal Inland Revenue Service), Nigerian Maritime Administration and Safety Agency (the agency in charge of the nation’s maritime operations) and Nigeria Customs Service, sources acquainted with the matter told The Gazette.
The Nigeria Upstream Petroleum Regulatory Commission was not left out of the financial push as Mr Gbajabiamila drafted a memo requesting that four per cent of the cost of collection (annual revenue generated from the NUPRC) be split into two parts: 2.5 per cent for its operations and routine capital expenditure, and 1.5 per cent for capital expenditure.
The language ringfencing the 1.5 per cent, equal to N54 billion, was vague, as Mr Gbajabiamila said it was for “upgrading of crude oil and gas metering and transparency systems”. What he meant by transparency systems for such a humongous amount was not immediately clear.
“Mr President has directed that the Budget Office and the Accountant General of the Federation implement the approval in paragraph 2.a. above and ring fence the 1.5 per cent which may only be utilised for upgrading crude oil and gas metering and transparency systems upon obtaining relevant approvals,” Mr Gbajabiamila stated in a memo dated July 4, 2023.
Mr Gbajabiamila justified his request by citing a section of the Petroleum Industry Act 2023 to support his directive.
“The authority to collect these fees is vested in statute—Section 24(2)(c) of the Petroleum Industry Act (PIA) (2023). However, the specific percentage collectable is subject to presidential approval,” Mr Gbajabiamila said in the July 2023 memo.
Checks by The Gazette revealed the section contains language that does not in any way correlate with the authorisation to claim tens of billions of naira from the nation’s coffers.
“The source of the commission Fund shall be as follows–( c) cost of collection by the commission,” stated PIA 2023 Section 24 (2c) that Mr Gbajabiamila cited in a letter to the Ministry of Finance and Office of the Accountant General of the Federation to lay claim to N54 billion.
When asked for comments, the presidency defended Mr Gbajabiamila, saying he only carried out the president’s instructions, which he claimed were within the ambit of the law.
The presidency avoided commenting on the falseness of the cited law, instead insisting that the N54 billion illegally received was with the president’s say-so and that there was no “smoking gun” on the matter.
“Gbajabiamila did not commandeer any money,” Bayo Onanuga told The Gazette on Monday. “The presidential order given to the NUPRC is within the right of the Mr President as president and C-in-C.”
Further checks by The Gazette showed that even the president lacked such powers to direct NUPRC’s revenue accrual and capital expenditure appropriation.
That responsibility was assigned to the National Assembly under Section 24(1) of the PIA 2023, stating, “The commission shall maintain a fund into which money accruing to the commission shall be paid, and all expenditures of the commission shall be subject to appropriation by the National Assembly.”
The president, according to the cited law, has no business with directing how the cost of collection is shared, let alone laying claim to its 1.5 per cent.
The cost of collection, which was N98 billion in 2022, increased significantly to N145 billion following Mr Tinubu’s unification of the official and black market exchange rates.
Whether Mr Tinubu’s action constitutes an overreach of his constitutional powers remains to be seen and can only be determined by a competent court.
Mr Gbajabiamila has been implicated in corruption scandals across borders, including in the U.S., where he was disbarred by the State Bar of Georgia after allegedly stealing money from a client.
For months, Mr Gbajabiamila ignored summonses from the State Bar to answer questions regarding the theft. He subsequently stopped paying his membership fee after his client reported him to the Bar.
His actions led to a five-year suspension from the Bar in 2015 and ultimately led to outright termination in 2020 after the Bar determined it could no longer condone Mr Gbajamila’s ethical lapses.
In 2022, Mr Gbajabiamila was accused of accepting $2 million in cash bribes (as the speaker of the House of Representatives) to secure passage of the new Petroleum Industry Bill, despite protests from host communities.
In his latest financial scandal, the president’s chief of staff is battling fraud allegations and fighting to survive a N400 million bribery scandal that has engulfed his political career.
Adeniyi Adeyemi, director-general of a controversial Presidential Foreign Intervention Promotion Council (PFIPC), accused Mr Gbajabiamila of collecting N400 million through a proxy and demanding an additional N200 million to secure his appointment as director.
The allegation arose after Mr Gbajabiamila released a statement on June 11 denying that the PFIPC (which appeared on pages 50 and 51 of the appropriation budget) existed and that the president was unaware of Mr Adeyemi’s appointment.
Mr Adeyemi said Mr Gbajabiamila was stung by his refusal to give him 48 per cent commission of PFIPC ‘s N27.7 billion grant and hence, sought to discredit the council and humiliate his person.
“The major rationale behind the disagreement between myself and the chief of staff is because he allegedly requested 48 per cent of the take-off grant (N27,395,510,136) from the same agency, which he denies, to which I rejected after he collected a total sum of 400 million by proxy, with a remaining balance of 200 million to secure the said appointment,” Mr Adeyemi said in a statement last month.
Mr Adeyemi said it was impossible for an agency that did not officially exist to be issued such a grant at the president and chief of staff’s directive.
He said, “If the agency does not exist, yet found its way into the Nigerian national budget, what that means is that the entire 2026 appropriation budget is a fraud and should be discarded.”
The president has ordered that the allegations be thoroughly investigated and concluded within 30 days. He said persons found culpable in the corruption would be prosecuted.
.
By Okey Maduforo Awka
An Awka Magistrate Court has remanded a blogger , Mr Ejike Ofoegbu following an Experte Order brought by the Police for his remanded.
Recall that Ejike Ofoegbu was arrested by the Police on the account of defermation and invasion of privacy through his Media platform Igbo News Magazine.
Contained in the said platform was a report on the disowning of Soludo’s son Ozo Nna and the other report that Ozo Nna had accused his father of maltreatment on his mother.
Shortly after Ejike Ofoegbu was arrested, he went on air to tender an apology to Governor Charles Soludo and the rest of the family members stating that the stories were false and unfounded adding that no such disagreements took place within the Soludo family.
Delivering his ruling the presiding Magistrate Ozekwele in Suit No M/ W 3136/ 2026 stated that the Court lacked jurisdiction to entertain the matter adding that the issue under contention is wheather the accused should be granted bail or remanded .
Ozekwele further stated that the matter should be referred to the State Attorney General for his input on the case before the matter would be entertained at the High Court.
Earlier counsel to the accused (Ofoegbu) S.A Machie in response to the Experte Order prayed the Court to consider the application for bail which the Court did not grant .
The matter was adjourned to the 27th day of July waiting for the submissions of the state Attorney General and ordered for the remand of Ejike Ofoegbu.
Also in a statement the Police Public Relations Officer SP Tochukwu Ikenga said that the arraignment of Ejike Ofoegbu followed the Command’s receipt of the suspect from the Department of State Services Awka, and the conclusion of Police investigations into a petition alleging the publication of false information capable of causing reputational harm and inciting public disaffection.
Ikenga noted that the Command will refrain from making further comments, as this may prejudice the ongoing Court proceedings.
“Furthermore, the Command advises members of the public, media practitioners, and publishers to exercise due diligence in verifying information before publication and to adhere to the ethics of responsible journalism and the provisions of extant laws governing the dissemination of information” he said.
-
News3 days agoUS based Catholic Priest commits suicide to avoid being sent back to Nigeria
-
Foreign4 days agoIsrael Exposes Plot to assassinate Donald Trump
-
News4 days agoBREAKING: Kidnapped Oyo pupils, teachers regain freedom
-
Politics3 days ago2027: Shettima retained as running mate as parties race to meet INEC deadline
-
Crime4 days ago56 days in captivity: How the Oyo school children were rescued
-
Crime3 days agoAnambara Underworld: 25 Years After Onitsha was liberated from Deri Nwamama
-
News1 day agoAlleged Certificate Forgery: Ex-Minister Uche Nnaji Pleads Not Guilty, Gets ₦20m Bail
-
Politics3 days agoKeyamo’s Lies Exposed As Eyewitness Faults Claims Against Obi