Connect with us

society

$87m Theft Case: Abayomi Oluwasesan, Wife Re-arrested, Remanded In Prison As Court Demands Stringent Bail Conditions (Video)

Published

on

$87m Theft Case: Abayomi Oluwasesan, Wife Re-arrested, Remanded In Prison As Court Demands Stringent Bail Conditions (Video)

 

 

Abayomi Segun Oluwasesan who allegedly committed the heinous crime of defrauding the leading global crypto space known as Afriq Arbitrage System has been Re-arrested alongside his wife and arraigned in Federal High court, Jabi in Abuja.

 

$87m Theft Case: Abayomi Oluwasesan, Wife Re-arrested, Remanded In Prison As Court Demands Stringent Bail Conditions (Video)

 

 

Abayomi and his wife were tracked to an estate in Lagos and brought back to Abuja on Sunday, March 24th, 2024 over the lingering financial scam to the tune of 87 million dollar and criminal activities he perpetrated against AAS and the CEO, Jesam Micheal.

 

The arraignment of Abayomi by the IG of police at the Federal High Court in Abuja witnessed a significant development on Thursday, March 28th, 2024, as the case involving the alleged theft of 87 million dollar by Abayomi OluwaSesan charged by the Inspector General of Police, Kayode Egbetokun, proceeded with significant deliberations.

 

 

The accused individuals were charged for purportedly accessing millions of subscribers’ investments at the Afriq Arbitrage Company’s online trading platform until October 9th, 2023.

 

 

In the courtroom presided over by Justice Ms. Idris, both parties, including the defendants’ lawyer and the complainant lawyer Sidi Abdulrasheed, were present alongside individuals whose investments were affected by the alleged fraud at the Afriq Arbitrage Company.

 

 

During the session,the defendants’ lawyer appealed for bail on behalf of Abayomi OluwaSesan citing their prolonged detention and promising their availability for trial if granted bail. However, the complainant lawyer, Sidi Abdulrasheed, opposed the bail request, highlighting previous instances where the defendants had allegedly fled after being granted bail.

 

 

 

Upon hearing arguments from both sides, Justice Ms. Idris urged the parties to come to a consensus before she delivers her ruling.

 

 

He emphasised the importance of punctuality and adherence to court proceedings if bail were to be granted to the defendants.

 

 

After a brief recess, court proceedings resumed at 2:38 pm, with Justice Ms. Idris adjourning the case until April 18th, 2024. The judge mandated that the suspects remain in police custody until the specified date unless they meet stringent bail conditions.

 

 

 

These conditions include providing two sureties each with 500 million Naira, owning property in Maitama, and also two directors in the federal civil service. Additionally, the sureties must deposit the title documents of their properties in court.

 

 

 

Justice Ms. Idris said the hearing will be April 29th and May 2nd 2024.

He reassured those present in the courtroom, including individuals affected by the case, of a fair and timely judgement. He affirmed his commitment to ensuring that the matter is resolved within the year, providing closure to those impacted by the alleged financial misconduct.

 

 

Speaking to Jesam Micheal the CEO of Afriq Arbitrage Company’s (AAC) after the court proceedings, he said he is Satisfied by the proceedings of the trial judge.

 

 

$87m Theft Case: Abayomi Oluwasesan, Wife Re-arrested, Remanded In Prison As Court Demands Stringent Bail Conditions (Video)  

society

Old Students Association rejects alleged commercialisation of Unity School land ‎

Published

on

Old Students Association rejects alleged commercialisation of Unity School land



‎By Ifeoma Ikem



‎The Unity Schools Old Students Association (USOSA) has rejected the alleged commercialisation of any unity schools land under the Public-Private Partnerships (PPP) initiative.

‎The association made its displeasure known during their awareness walk to protest the concession of the 33 hectares of land belonging to Federal Government College (FGC) Kano yesterday in Lagos.

‎The members were carrying placards, some of which read “PPP: Save the Future”, “Protect Unity Schools”, “PPP must serve Education not land conversion” and “Schools are not for Real Estate”.

‎President-General of the Unity Schools Old Students Association USOSA Michael Magaji says Public-Private Partnerships (PPP) was designed to improve public institutions, and not strip them of assets or reduce their land.

‎Over 60 Unity schools members were drawn from across the nation for the awareness walk to protest against the alleged sale of the school lands.

‎ The P-G said the association was advocating for a sustainable funding model that would preserve educational assets while improving infrastructure, manpower and learning conditions.

‎“Our coming together is to restore the lost glory of Unity Schools and strengthen Nigeria’s education system. Unity schools are nation-building institutions that have produced leaders across various sectors.

‎ “Unity Schools were not just about education, they were about integration built not by spectators but by active citizens that believe in one nation.

‎ “ The alumni support PPP but oppose the sale of educational assets. Unity never happens by chance but designed, nurtured and protected,’’ he added.

‎He added that the awareness walk brought about by the alumni across the nation was also to have a stronger network to revive the vision of the Unity Schools.

‎Mr Humphrey Nwafor, Lagos Chapter President, Federal Government College, Kano Old Students Association said that they are pushing back against the alleged commercialisation of Unity School lands.

‎Nwafor pointed out that the 33 hectares of land belonging to FGC Kano was concessioned without adequate consultation with stakeholders.

‎“We are saying there is a better option. Instead of selling our lands and assets, we would rather fund the schools ourselves.

‎“If the government says it does not have enough money to run the schools, the old students can provide support without taking one inch of the land,” he said.

‎According to him, the concession arrangement involving the school’s land will undermine the future of unity schools, which were established in the first place to promote national integration.

‎“These schools were established to unite Nigerians from different ethnic and religious backgrounds and we are appealing to President Bola Tinubu to intervene and ensure that public educational assets are protected,” he added.

‎He called on the Federal Government to leverage alumni networks in addressing funding challenges confronting unity schools.

‎“We are in solution mode and impact mode and we believe alumni associations should be integrated into the process of repositioning these schools.

‎“We recently met with officials of the Federal Ministry of Education and discussions are ongoing toward finding mutually beneficial solutions,” he said.

‎Mr Alex Akindumila, President of FGC Idoani Alumni Association said the concession controversy was a national test of how public assets and educational institutions are being managed.

‎He said that they are concerned that reducing lands allocated to unity schools could limit future expansion, agricultural projects, sports facilities, technical workshops and staff accommodation.

‎“The lands allocated to unity schools were deliberate and visionary.“They were designed to ensure that the schools remain self-sustaining and adaptable to future needs.

‎According to him, when you shrink the land of a unity school, you do not just reduce space, but reduce possibility , reduce ability to run agricultural programs that can feed students and teach enterprise, even the space required for sports facilities that build discipline, health and national pride.

‎Also, Mrs Ifeoma Okeke, an alumna of FGC Nsukka, called for transparency, due process and stakeholder engagement in any PPP arrangement involving educational institutions.

‎She said PPP agreements should align with the public purpose of the schools and not diminish their long-term capacity.

‎“There must be transparency, competitiveness and proper stakeholder engagement in any concession process involving public educational assets,” she said.

 

Continue Reading

society

NAPS Southwest Condemns Delay in Passage of HND,/B.SC Dichotomy Bill, Issues 30 Days Ultimatum to Nigeria Senate and Federal House of Representative

Published

on

NAPS Southwest Condemns Delay in Passage of HND,/B.SC Dichotomy Bill, Issues 30 Days Ultimatum to Nigeria Senate and Federal House of Representative

 

The National Association of Polytechnic Students (NAPS) Southwest has strongly condemned the continued delay in the passage of the bill aimed at ending the long-standing disparity between Higher National Diploma (HND) and Bachelor of Science (B.Sc) qualifications in Nigeria. The association has described the delay as unjust, discriminatory, and harmful to the future of polytechnic education in the country.

The NAPS Southwest expressed deep frustration over what it called the unacceptable silence and inaction from the Nigerian Senate and Federal House of Representatives regarding the bill. The proposed legislation seeks to abolish the dichotomy between HND and B.Sc holders, a divide that has for years limited career progression opportunities for polytechnic graduates, particularly in the public sector.

This ongoing delay represents a significant policy gap that must be urgently addressed. The continued discrimination against HND holders contradicts the principles of equity, fairness, and meritocracy that should define Nigeria’s public service.

For years, polytechnic students and graduates have faced systemic discrimination in employment opportunities, career progression, and societal recognition an injustice that undermines the value of technical and vocational education in national development. The proposed bill represents a critical step toward equity, fairness, and the full recognition of polytechnic education in Nigeria.

We therefore call on the current administration and the National Assembly to prioritize the reintroduction and immediate passage of this critical legislation. Nigeria cannot afford to sideline a significant segment of its skilled workforce due to outdated and discriminatory policies.

It is therefore disheartening that the Nigeria Senate and House of Representatives has yet to act decisively on this matter of urgent national importance. The continued delay raises serious questions about the commitment of lawmakers to addressing the challenges faced by millions of Nigerian youths in the polytechnic system.

The NAPS southwest unequivocally calls on the Senate and House of Representatives to, without further delay, deliberate on and pass the bill to end the HND/B.Sc dichotomy. The future of countless students and graduates depends on this decisive action.

The continued delay in passing this bill is a direct attack on the dignity and future of millions of Nigerian students and graduates, the statement read. We cannot continue to tolerate a system that places artificial barriers on capable individuals simply because of the institution they attended.

Failure to meet this demand will leave NAPS Southwest with no choice but to mobilize Nigerian Polytechnic Students and Graduates across the country for peaceful but firm actions to press home our demands. We are prepared to take all legitimate steps necessary to ensure that justice is served.

NAPS Southwest has therefore issued a strong warning to the Senate and House of Representatives, urging lawmakers to prioritize and immediately pass the bill without further delay. The association made it clear that failure to act promptly would trigger nationwide protests and coordinated actions by Nigerian polytechnic students and graduates.

We urge all relevant stakeholders to initiate comprehensive reforms that will harmonize qualification frameworks, ensure equal opportunities for career advancement, and restore confidence in the civil service system.

NAPS Southwest remains committed to advocating for the rights and dignity of polytechnic students and graduates across Nigeria. We will continue to engage constructively with policymakers and mobilize support until justice is achieved.

Signed

Comr Ogunsola Adewale John
NAPS Southwest Coordinator
+234 704 720 2907

Continue Reading

society

African Focus Historic Royal Visit of Olúkòyí of Ìkòyí Ọba Iyiola Akande Morenigbade in Los Angeles, CA —

Published

on

African Focus Historic Royal Visit of Olúkòyí of Ìkòyí Ọba Iyiola Akande Morenigbade in Los Angeles, CA —

 

 

African Focus Inc. its 20th Anniversary with Goodwill Awards and Induction Ceremony in April, 2026, held at the Renaissance LAX in Los Angeles, California.

 

The landmark event brought together distinguished guests, cultural leaders, and members of the African diaspora for an evening of recognition, reconnection, and celebration.

 

The ceremony honored outstanding community leaders and cultural champions whose contributions have strengthened African heritage and unity across generations.

 

The evening featured an elegant dinner, and an inspiring awards presentation, commemorating two decades of impactful service.

 

Highlight of the event was the African Family Induction, a signature tradition of African Focus.

 

18 Diaspora Africans were formally welcomed into native African families for a meaningful cultural experience.

 

The Inductees received certificates bearing their native names, along with cultural artifacts symbolizing their new lineage.

 

This initiative continues to foster cultural identity, bridge generational and geographical divides, and encourage deeper engagement with the African continent.

 

Many past inductees have gone on to travel to Africa with their host families, strengthening cultural bonds and understanding.

 

This year’s event was graced by a Yorùbà monarch His Royal Majesty, Oba Iyiola Akande Morenigbade, the Olukoyi of Ikoyi in Osun State, Nigeria who doubled as special guest of honour and historically served as Royal Father of the Day.

 

His royal presence brought cultural significance to the celebration.

 

The event was hosted by Uchenna Nworgu, Founder and Director of African Focus Inc, alongside a distinguished team of Cultural Ambassadors and leaders, including Paul Babatunde, Director of Cultural Initiatives; Dominique DiPrima, Cultural Ambassador; Wole Nipede; Ojise Isedale (also known as Olubunmi Olukanni); Ade James; and other notable contributors.

 

The event was concluded with vibrant music and dance, reflecting the spirit of unity and cultural pride that has defined African Focus for the past 20 years.

 

African Focus is a nonprofit organization dedicated to reconnecting the African diaspora with their cultural roots through education, cultural exchange, and community engagement initiatives.

Continue Reading

Cover Of The Week

Trending