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Appeal On Abacha Loot: World Bank Seeks More Time To Give Details

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10 years ago

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abacha

The World Bank has again asked for more time to release details on the spending of recovered loot by late General Sani Abacha. This followed the bank’s decision to refer “portion of appeal by Socio-Economic Rights and Accountability Project (SERAP) to the Bank Archives Unit for processing for public access.”

In a letter dated 8 August 2016 and sent to SERAP, the World Bank said, “In response to your request under AI4288, we would like to inform you that we are working on your request as referred to the Archives by the Access to Information Committee in its decision on the appeal and need additional time to provide a more comprehensive response. We regret any inconvenience for this delay.” This development was disclosed today in a statement by SERAP executive director Adetokunbo Mumuni. The World Bank’s request for more time followed the appeal SERAP lodged with the Bank on 5 February 2016 on the ground that the Bank’s decision on its initial request did not reveal “important portions of the information requested on how Abacha loot was spent.”

This is the second time the World Bank is asking for additional time to provide SERAP with details of spending of Abacha loot. It would be recalled that the bank in a letter dated 15 October 2015 and signed by Ann May of the Access to Information Team said that “In response to your request under AI3982, we would like to inform you that we are still considering your request and need additional time to provide you with a more comprehensive response.”

According to Mumuni, the Bank Access to Information Committee (AIC) in its Decision on appeal issued in Case number AI3982-A dated 29 April 2016 held that although the appeal by the organisation was not filed within 60 days of the Bank’s decision as required by its Access to Information Policy, SERAP appeal nonetheless “contains a request for additional information, not previously submitted by the requester, and which the Bank has neither considered nor denied. Accordingly, the AIC refers back to the Archives Unit this portion of the appeal for processing for public access.”

SERAP said: “The portion of the appeal which the Bank has now referred to its Archives Unit for public access include information on: evidence and list of the 23 projects allegedly completed with recovered Abacha loot, and whether the 23 projects where actually completed; and what became of the 2 abandoned projects; evidence and location of the 8 health centers built with recovered Abacha loot reviewed by the World Bank; and evidence and location of the 18 power projects confirmed by the World Bank.”

“Other aspects of the spending of Abacha loot the Bank referred to its Archives Unit for processing for public access are: information on: how the $50mn Abacha loot received before 2005 kept in the special account was spent; evidence and location of schools which benefited from the Universal Basic Education (UBE) program in the amount of NGN24.25bn; and evidence and location of the 13 road projects completed with the recovered Abacha loot, including the names of the 3 of the largest road and bridge projects in each geo-political zone.”

The World Bank AIC appeal decision reads in part: “Summary of Decision: The Access to Information Committee (“AIC’) found that the appeal is not properly before the AIC for consideration. The appeal in this case was filed 75 calendar days after the Bank’s initial decision. Under the Bank Policy on Access to Information, appeals to the AIC must be filed within 60 calendar days of the Bank’s decision.”

“Notwithstanding the above, the AIC found that the appeal contains a request for additional information, not previously submitted by the requester, and which the Bank has neither considered nor denied. Accordingly, the AIC refers back to the Archives Unit this portion of the appeal for processing for public access.”

“The Decision Facts: On September 21, 2015, the requester submitted a request (“Request”) for “documents relating to spending of recovered assets stolen by Late General Sani Abacha and the Bank’s role in the implementation of any projects funded by the recovered assets and any other on-going repatriation initiatives on Nigeria with which the Bank is engaged.” On November 25, 2015, the World Bank (“Bank”) responded to the Request by providing the requester with 11documents.

“On February 8, 2016, the secretariat to the Access to Information Committee received an application (“Application”) appealing the Bank’s decision. The Application challenges the Bank’s decision on both a “violation of policy” and “public interest” basis. The Application states, in relevant part, the following: [Intentionally omitted] is sending this Appeal to the AI Appeals Board against the World Bank decision dated 25 November 2015 to provide patently insufficient information on the spending of recovered stolen funds by the late General Sani Abacha.”

“We consider this a serious violation of the AI Policy, as it amounts to improper or unreasonable restriction of access to information.[…]Following receipt of several documents from the World Bank totalling over 700 pages on the Abacha loot, [intentionally omitted] commenced independent investigations and verification of some of the information supplied with appropriate agencies and institutions of government.”

“Findings and Related Decision: In reviewing the Application in accordance with the AI Policy, the AIC considered: (a) the Request; (b) the Application; (b) the date of the Bank’s initial decision; and (c) the date when the Application was filed before the AIC. In this case, the Bank’s response was issued on November 25, 2015. The Application was filed with the AIC on February 8, 2016, i.e., 75 calendar days after the Bank’s initial decision.”

“Under the Bank Policy: Access to Information, July 1, 2015, Catalogue No. EXC4.01-POL.01 (“AI Policy”), appeals to the AIC ‘must be filed (…) within 60 calendar days of the Bank’s decision to deny access to the requested information’ (see AI Policy, at Section III.C.8 (b) i). In view of this requirement, the Application is not properly before the AIC for consideration.”

“Notwithstanding the above, the AIC found that the Application contains a request for additional information, not previously submitted by the requester, and which the Bank has neither considered nor denied. Accordingly, the AIC refers back to the Archives Unit this portion of the Application for processing as a new request for public access.”

Source: Vanguard

 

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Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour

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11 hours ago

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April 24, 2026

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Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour

 

 

 

Laffmattazz, one of Nigeria’s foremost comedy and live entertainment brands, is pleased to announce its official partnership with First Bank of Nigeria Limited for the highly anticipated Laffmattazz 2026 International Tour, themed “Next Chapter: A New Season of Laughter.”

 

Now in its 15th year, Laffmattazz—the brainchild of renowned Nigerian comedian Gbenga Adeyinka (Gbenga Adeyinka 1st)—has evolved into a cultural phenomenon, celebrated for its seamless fusion of comedy, music, and live stage performances.

 

The 2026 tour, which kicked off on Easter Sunday, April 5th, 2026 at the Jogor Centre, Ibadan, marks a significant milestone in the brand’s journey. Building on over a decade of success across Nigeria, this year’s edition signals a bold expansion into the international market, with a multi-city run in Canada, alongside major stops in Akure, Abeokuta, and Lagos.

 

This strategic partnership with First Bank of Nigeria Limited underscores a shared commitment to excellence and innovation. It is also aligned with FirstBank’s First@Arts initiative—a significant and ongoing program dedicated to supporting the creative arts, entertainment, and cultural sectors. Through this initiative, FirstBank provides financing, advisory services, and actively fosters a sustainable value chain for artists and creative entrepreneurs, while supporting key industry platforms such as the Nigerian Entertainment Conference.

 

Speaking on the collaboration, the Laffmattazz team stated:

 

“We are delighted to welcome First Bank of Nigeria Limited as a strategic partner for the Laffmattazz 2026 International Tour. As we mark 15 remarkable years of Laffmattazz, this partnership reinforces our vision to take premium Nigerian entertainment beyond borders, while delivering even bigger, better, and more memorable experiences for our audiences.”

 

As a key partner, First Bank will enrich the tour through innovative customer engagement initiatives, experiential activations, and exclusive fan experiences across all tour locations.

 

With its distinctive blend of humor, culture, and live entertainment, the Laffmattazz 2026 Tour is poised to connect audiences across cities and continents, bringing laughter to thousands of fans worldwide.

 

⸻

 

About Laffmattazz

 

Laffmattazz is a premier Nigerian comedy and entertainment brand, now in its 15th year, renowned for its vibrant live shows and nationwide tours. Founded by Gbenga Adeyinka 1st, the brand continues to deliver high-quality experiences that celebrate creativity, culture, and laughter.

 

About First Bank of Nigeria Limited

 

First Bank of Nigeria Limited is Nigeria’s oldest financial institution, widely respected for its legacy of trust, innovation, and customer-centric financial solutions that support economic growth and development. Through its First@Arts initiative, the Bank continues to play a pivotal role in empowering the creative industry and driving sustainable growth across the sector.

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Opinions divided over Pasuma Jaiye Kuti proposed wedding 

Published

1 day ago

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April 23, 2026

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Opinions divided over Pasuma Jaiye Kuti proposed wedding 

 

 

The current threading in *entertainment* world of speculated society marriage between oganla Fuji, Wasiu Alabi Pasuma with Nollywood icon, and widely acclaimed Queen of the tube jaiyeola Kuti has brought out different opinions amongst the fans and entertainment personnel.

 

What started as a rumour and mirage is gradually turning to reality and some fans are saying it’s not possible for Jaiye Kuti who is one of the scandal free Nollywood actress to be involved in such an unholy union with Pasuma

Most people who spoke with our correspondence, are of opinion that such a marriage can only happen in a mirage sessions and in Nollywood movies that apart Jaiye Kuti been responsible and married with children, Pasuma is someone who have vowed not to married and have a woman under his roof.

But to some also, it’s not impossible as artistes are known to be engaging and married to each other after denied and counter claims, which made and at the end they will go ahead and married . With this most people believe that truly there’s marriage in offspring for both celebrities While both parties refused to comment on the trend controversial issues about the whole issue , the world is anxiously waiting if this well circulated story of Pasuma getting married to Jaiye Kuti will come to pass or it will turn out to be a mirage.

Either way the die is cast as all eyes will be on Jaiye Kuti and Pasuma with searchlight on Nigeria entertainment industry once again

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PRESIDENT TINUBU CONGRATULATES OTEGA OGRA ON ELECTION TO WORLD FEDERATION OF ADVERTISERS EXECUTIVE COMMITTEE

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3 days ago

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April 21, 2026

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PRESIDENT TINUBU CONGRATULATES OTEGA OGRA ON ELECTION TO WORLD FEDERATION OF ADVERTISERS EXECUTIVE COMMITTEE

PRESIDENT TINUBU CONGRATULATES OTEGA OGRA ON ELECTION TO WORLD FEDERATION OF ADVERTISERS EXECUTIVE COMMITTEE

 

President Bola Ahmed Tinubu has congratulated his Senior Special Assistant on Digital Engagement, Strategy and New Media, Mr Otega Ogra, on his election to the Executive Committee of the World Federation of Advertisers (WFA).

 

The election took place today at the organisation’s Annual General Meeting, held during the Global Marketing Week Conference in Stockholm, Sweden.

PRESIDENT TINUBU CONGRATULATES OTEGA OGRA ON ELECTION TO WORLD FEDERATION OF ADVERTISERS EXECUTIVE COMMITTEE

President Tinubu described the development as a significant step for Nigeria’s growing influence in global communications.

 

He noted that Mr Ogra’s emergence as the only representative from West Africa and Sub-Saharan Africa on the Executive Committee reflects the depth of Nigerian expertise and the contribution of a new generation of young Nigerian professionals to global industry standards.

 

Mr Ogra was elected to the Executive Committee on the platform of the Advertisers Association of Nigeria (ADVAN), underscoring the role of Nigeria’s organised advertising and marketing industry in shaping representation at the global level.

 

The WFA is the leading global body for advertisers, representing over 150 multinational and Fortune 500 companies, alongside national advertiser associations across more than 60 countries, with a combined annual marketing spend running into hundreds of billions of dollars. Its Executive Committee is the organisation’s highest decision-making body, responsible for setting priorities and guiding global policy on responsible advertising, media transparency, sustainability, and the evolution of digital ecosystems.

 

President Tinubu noted that Mr Ogra’s election is both a personal distinction and a strategic opportunity for Nigeria and the African continent, placing them at the centre of global conversations on brand trust, platform accountability, innovation and the future of marketing and communications.

 

The President commended Mr Ogra, who also serves as Vice President of ADVAN, for his sustained contributions to strengthening Nigeria’s marketing and communications ecosystem, drawing on a career spanning leadership roles across the banking, manufacturing, and public sectors.

 

“Otega’s election reflects the growing recognition of Nigerian expertise and affirms our capacity to contribute meaningfully to the frameworks shaping global markets,” the President said.

 

President Tinubu added that the achievement aligns with his administration’s Renewed Hope Agenda, particularly in advancing the creative economy, strengthening digital governance, and positioning Nigeria as a competitive hub for innovation and enterprise.

 

Josh Faulks, CEO of the Australian advertiser association (AANA), and Simon Michaelides, Director General of the UK advertiser association (ISBA), also join the leadership team.

 

Current members of the executive committee, David Wheldon, President and Philip Myers, Deputy President, who is also the Chief Institutional Affairs and Corporate Communications Officer at Ferrero, continue in their current roles, as do all regional vice presidents.

 

 

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