Headlines
NNPP candidate in Kogi state docked over stealing N681m from customers’ accounts in Union bank

The first prosecution witness, PW1, Olusegun Falola, in the ongoing trial of Ismaila Yousouf Atumeyi, a Kogi State House of Assembly candidate of the New Nigeria Peoples Party, NNPP, and two others, on Monday, January 31, 2023, told Justice Tijani Ringim of the Federal High Court sitting in Ikoyi, Lagos how the sum of N681m (Six Hundred and Eighty-one Million Naira) was paid into Atumeyi’s business account.Atumeyi is standing trial alongside Ngene Joshua Dominic and Abdulmalik Salau, a former employee of Union Bank Plc, on an 18-count charge bordering on alleged cybercrime and money laundering to the tune of N1.4bn.
Led in evidence by the prosecution counsel, Rotimi Oyedepo, SAN, Falola, an Internal Auditor and Team Lead, General Investigations, Union Bank Plc, told the court that “sometime in October 2022, during the periodic internal review of accounts of customers, we observed that some accounts that were placed on No-debit were debited.
“In the course of our review, it was observed that the methodology employed in debiting the said accounts was different from the way accounts are being debited in normal banking activity.
“Based on this, the case was assigned to me for a further internal investigation. During the review, I observed that beyond the few accounts that were referred to me for investigation, there were other numerous accounts that were being debited.
“Furthermore, the debits on these accounts were traced to two beneficiaries, Atus Homes Limited account and Fav Oil and Gas Limited.
“These two accounts received the sum of N681m and N1.38bn, respectively from the account of 429 customers.”
He also told the court that further investigations revealed that Atumeyi is the signatory to the Atus Homes Limited account, while the signatories to Fav Oil and Gas are Shuaibu Yusuf and Nurudeen.
According to him, all illicit debits on the customers’ accounts were done via internet banking on one of the bank’s platforms known as Union 360.
Giving further testimony, he said: “As at the time of investigation, over 600m had been withdrawn from the account of Atus Homes Limited and over N800m withdrawn from Fav Oil and Gas.
“We also realized that they were able to make those fraudulent transfers because the bank system was fraudulently manipulated.
“It was this realization that made us know that only a person with privileged information on the bank’s information technology could have carried out such illicit transactions.
“It was based on that knowledge that we reported the matter to the EFCC for further investigation.”
Oyedepo sought to tender the petition written to the EFCC, the correspondences between the EFCC and the bank as well as the defendants’ statements of account that had been identified by the PW1.
However, counsel to the third defendant, Babatunde Ogunwo, objected to the admissibility of the attached statement of account on the grounds that the prosecution had not sufficiently complied with Section 84 (2) 2(4) of the Evidence Act.
“I strongly believe that the prosecution has not satisfied the provisions of Section 84 (2) 2(4) of the Evidence Act. All I heard the witness say is questions put to him by the prosecution.
“However Section 84(2) of the Evidence Act gives conditions more than what the witness has stated.
“There are four legs as stated by the Evidence Act and the witness has only answered one. These conditions have to be complied with.
“I humbly submit that the prosecution has not complied with the conditions stated for the admissibility of the statements of account”, Ogunwo argued.
Responding, Oyedepo said that the argument of the defence counsel was misconceived and also missed its target.
He, therefore, urged the court to discountenance the objection of the defence.
He also submitted that the certificate of identification as enshrined in the Section of the Evidence Act “is not a ritual that must be performed in achieving admissibility of computer-generated evidence.”
He further argued that “where the issue is as to the failure to comply with procedural steps towards admissibility, the order the court will make is not to reject the document but to urge the tendering party to regularize.
“This document is relevant in the determination of this matter and I urge my Lord to so hold.”
In a short ruling, Justice Ringim overruled the objection of the defence and admitted the evidence in the exhibit.
Justice Ringim also granted the second defendant, Dominic, bail on the same terms of the 3rd defendant, as granted on January 6, 2023.The matter was adjourned to February 2, 2023, for the continuation of the trial.
Headlines
NRC grants Lagos Government permanent approval to operate Red Line rail services

Funso OLOJO, Editor
The Nigerian Railway Corporation (NRC) has granted final approval to the Lagos State Government to operate two of its rail tracks under the Track Sharing Agreement, paving the way for the full operation of the Lagos Rail Mass Transit (LRMT) Red Line project.
The LRMT Red Line commenced passenger operations on October 15, 2024, with morning and evening peak-hour services following its inauguration by President Bola Ahmed Tinubu.
The permanent approval follows the temporary operating approval granted by the NRC in 2025 under the Track Sharing Agreement with the Lagos State Government.
Presenting the Permanent Operating Licence to the Lagos Metropolitan Area Transport Authority (LAMATA) on Tuesday, June 30th, 2026, the Managing Director of the Nigerian Railway Corporation, Dr. Kayode Opeifa, said the approval confers on the Lagos State Government all the rights and obligations contained in the Track Sharing Agreement.
According to him, the licence also empowers the state to operate rail services in line with international best practices.
Opeifa described the milestone as a testament to the mutual trust, cooperation and shared vision that have continued to define the partnership between the NRC and the Lagos State Government.
“Beyond providing access to the tracks, our collaboration has also included the training and capacity development of the Red Line’s operational personnel, demonstrating the immense value of strong institutional partnerships,” he said.
He commended the Lagos State Government for its confidence in the NRC and its sustained commitment to the partnership.
“I also commend the Government for its remarkable investment in public transportation, particularly in the rail subsector, including the acquisition of adequate rolling stock to meet the growing mobility needs of Lagosians,” he added.
The NRC Managing Director noted that the development of modern rail infrastructure requires foresight, substantial capital investment and sustained political will, qualities he said the Lagos State Government has consistently demonstrated.
Opeifa also urged other state governments across the federation to invest in rail infrastructure and services to complement the Federal Government’s efforts to strengthen Nigeria’s railway network.
According to him, expanding rail transportation nationwide would ease congestion on highways, reduce logistics costs, improve passenger mobility, stimulate industrial and commercial activities, and accelerate national economic growth.
He stressed that rail transportation remains the backbone of efficient mass transit systems in major cities around the world.
“Continued investment in rail infrastructure is essential to providing safe, reliable, environmentally sustainable and high-capacity mobility for our growing population, while significantly reducing pressure on our road network,” he said.
Opeifa reaffirmed the NRC’s commitment to fostering productive partnerships that will transform Nigeria’s transport landscape.
“Together, we will continue to build an integrated, efficient, safe and sustainable railway system that serves the aspirations of all Nigerians,” he concluded.
Headlines
NPA unveils multi-agency task force to tackle resurgent port access gridlock

Funso OLOJO, Editor
The Nigerian Ports Authority (NPA) has launched a multi-agency task force to combat the resurgence of traffic gridlock choking the Lagos port access roads, in a fresh push to restore seamless cargo evacuation and sustain recent gains in port efficiency.
The intervention followed a stakeholders’ meeting convened by the Managing Director of the NPA, Dr. Abubakar Dantsoho, on June 23rd, 2026, where security agencies, freight forwarders, truck operators and representatives of the Lagos State Government agreed on coordinated measures to eliminate the bottlenecks disrupting cargo movement.
At the meeting, stakeholders identified illegal extortion points, overlapping responsibilities among security agencies and other operational distortions as major factors responsible for the renewed congestion along the port corridor.
Speaking on the outcome of the meeting, the NPA’s General Manager, Corporate and Strategic Communications, Mr. Ikechukwu Onyemakara, said the Authority’s overriding priority is to guarantee the unhindered movement of cargo to and from the nation’s seaports.
According to him, the task force comprises the NPA, the Police, the National Association of Government Approved Freight Forwarders (NAGAFF), the Association of Nigerian Licensed Customs Agents (ANLCA), the Federal Road Safety Corps (FRSC), the Maritime Workers Union of Nigeria (MWUN), the Nigerian Association of Road Transport Owners (NARTO) and the Association of Maritime Truck Owners (AMATO).
“The responsibility of the task force is to monitor truck movement on the port access roads on a regular basis, identify any disruption capable of causing gridlock and immediately resolve such challenges,” Onyemakara said.
He stressed that members of the task force would not establish checkpoints along the corridor but would maintain strategic presence at designated locations to ensure compliance without obstructing traffic.
To enhance rapid response, Onyemakara disclosed that the task force has created a dedicated WhatsApp platform through which members can instantly report infractions or emerging traffic issues for immediate intervention.
On the long-delayed renewal of the Electronic Truck Call-Up (ETO) system contract, the NPA spokesman said the Authority is reviewing the terms to ensure a more robust contractual framework before awarding a fresh agreement.
He explained that although the previous contract had expired, the ETO platform remains operational under the management of the Truck Transit Parks (TTP) pending completion of the procurement process.
He expressed confidence that the renewal would be concluded soon.
Reaffirming the Authority’s commitment to maintaining free-flowing port access roads, Onyemakara said efficient logistics remain central to the NPA’s drive to improve Nigeria’s port competitiveness and preserve its growing international reputation.
“We are more interested in the free flow of logistics into our ports than anyone else because it is in our own interest,” he said.
“If you look at the international recognition we are receiving, including the World Bank report, we are determined to sustain and even surpass the improvements already recorded in our port system.
“You can be assured that we remain fully committed to achieving the best possible performance from our ports.”
Headlines
Customs Steps Up Nationwide Green Tax Awareness Ahead of July 1 Rollout

Funso OLOJO, Editor
The Nigeria Customs Service (NCS) has intensified its nationwide sensitisation campaign ahead of the July 1, 2026 implementation of the Green Tax Surcharge and related fiscal adjustments, aimed at promoting environmental sustainability and encouraging the importation of cleaner vehicles.
The awareness campaign, held on Friday July 26th, 2026 at the Apapa Area Command, brought together Customs officers, licensed customs agents, freight forwarders, importers and other key stakeholders under the theme: “Implementation of the Green Tax Surcharge and Related Fiscal Adjustments.”
Representing the Comptroller-General of Customs, Adewale Adeniyi, the Zonal Coordinator, Zone A, Mohammed Babadende, said the exercise was designed to ensure stakeholders fully understand the policy before its implementation.
“This sensitisation is designed to ensure that every stakeholder clearly understands the policy before implementation. Our objective is to eliminate uncertainty, promote voluntary compliance and guarantee uniform application of the Green Tax Surcharge across all commands,” Babadende stated.
Delivering a technical presentation, the Comptroller in charge of Tariff, System Audit and Coordination, Murtala Muazu, explained that the Green Tax Surcharge is different from conventional fiscal measures and would therefore require a separate assessment process.
He disclosed that the Service has simplified implementation through the HS Code declaration platform to facilitate seamless compliance by importers and clearing agents.
Muazu also revealed that the Federal Government has reduced import levies on vehicles from 20 per cent to 10 per cent, while import duty on used vehicles has been slashed from 15 per cent to five per cent to cushion the impact of the new environmental surcharge.
Area Controllers who participated in the sensitisation urged importers, licensed customs agents and the trading public to embrace the initiative, stressing that the reduction in import levies would lower the cost of doing business, promote legitimate trade and ultimately reduce transportation costs.
Stakeholders welcomed the policy but called for sustained public enlightenment to deepen understanding and ensure seamless compliance ahead of the July 1 commencement date.
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