Headlines
Ex-NIMASA DG, Akpobolokemi, loses Banana Island mansion, N 725m to court interim forfeiture order.

Justice Tijani Ringim of the Federal High Court sitting in Ikoyi, Lagos has ordered the interim forfeiture of the sum of N725,345,897.77 and property situated at Plot J 37A 218 Close, 2nd Avenue, Banana Island, Ikoyi, Lagos linked to Patrick Akpobolokemi, a former Director-General of the Nigerian Maritime Administration and Safety Agency, NIMASA.The Judge gave the Order, following a motion ex parte filed and argued by the Economic and Financial Crimes Commission, (EFCC)
Moving the application on Monday, April 3, 2023, counsel to the EFCC, Bilikisu Buhari, submitted that the money was “reasonably suspected to be proceeds of an unlawful activity.”
Buhari also argued that the property was “reasonably suspected to have been acquired with proceeds of an unlawful activity.”
The EFCC counsel further prayed for an order directing the EFCC to publish the interim Order in a national newspaper to enable anyone interested in the properties sought to be forfeited to appear before the court to show cause, within 14 days, “why the final order of forfeiture of the said properties should not be made in favour of the Federal Government of Nigeria”.
Justice Ringim, in granting the application held that “I find merit in this statutory application and same is granted as prayed.”
Headlines
NIMASA deepens maritime security as 492 Deep Blue personnel graduate in tactical training.


Headlines
WHO honors NFVCB over tobacco control in entertainment industry

Business
Taiwo Afolabi calls on African businesses to scale up their operations for global relevance

Headlines3 months agoThe rise of Olatunji Disu: From Aide-De-Camp (ADC) in 1999 to IGP in 2026
Headlines3 months agoNRC plans electric rail operations across the country- Opeifa
Headlines3 months agoNIWA Lagos Area Manager, Sarat Braimah, wins Nelson Mandela Pan African Leadership Award
Economy3 months agoNigeria’s Oil exports face threat as US- Israel attack on Iran escalates, Strait of Hormuz blockade imminent
Headlines3 months agoLekki Port boosts Nigeria’s trade surge as NPA releases 2025 operational performance
Customs3 months agoApapa Customs, Navy deepen partnership for seamless cargo movement along Apapa port corridor







