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U.S. to resolve lawsuit filed to have N30 milllion Abacha loot transferred to Tinubu’s Minister, Bagudu instead of Nigerian government

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Former Governor of Kebbi State and ally of the late General Sani Abacha, Atiku Bagudu

The assets of Doraville Properties, run by the Bagudus, have been identified as stolen from the Nigerian treasury during the military junta of the 90s, the report said.
The United States has expressed its willingness to resolve the lawsuit filed against the return of funds looted by the late Nigerian dictator, Sani Abacha.

This signals the potential transfer of yet another $30 million to Atiku Bagudu, President Bola Tinubu’s controversial budget and national planning minister.

The former Kebbi State governor who allegedly stole and laundered billions of dollars on behalf of Sani Abacha, the late infamous military dictator who ruled Nigeria from November 1993 till his sudden death in June 1998, was among the 19 new ministerial nominees in the second batch sent in by President Tinubu.

According to the Peoples Gazette, the assets of Doraville Properties, run by the Bagudus on the British island of Jersey and domiciled with Deutsche Bank, have been identified as stolen from the Nigerian treasury.

Filings seen by Peoples Gazette showed American authorities and Mr Bagudu, represented by his brother Ibrahim Bagudu, stipulated in a January 5, 2024, joint status report to the U.S. District Court for the District of Columbia in Washington, D.C. that an agreement had been reached by the parties over funds trapped in a bank account linked to the Bagudus.

The assets of Doraville Properties, run by the Bagudus, have been identified as stolen from the Nigerian treasury during the military junta of the 90s, the report said.

“Plaintiff had circulated proposed settlement documents to the parties. Over the past two months, the parties have reviewed and exchanged comments and edits to those papers,” the January 5 update to the court said. “The proposed settlement, as detailed in prior filings, would also involve the resolution of two related actions in the United Kingdom.”

“Given the multifaceted nature of the resolution, further time is required for the parties to receive and review documents specific to the UK proceedings from their foreign counterparts and for the parties to finalise and receive authority to execute all of the settlement documents,” the parties added.

Previously unclaimed, it was slated to be refunded before Mr Bagudu began laying claims to it, having originally been part of the callous corruption that assailed the military regime of Sani Abacha.

An amicus argument entered in the case on January 18 by U.S.-based Nigerian lawyer Emmanuel Ogebe suggested that at least $30 million would be paid to the Nigerian budget minister and his family members, who have fought for decades to keep the loot traced to them following Mr Abacha’s death in 1998.

The U.S. State Department, led by Mr Antony Blinken who was recently in Nigeria, is a major party to the efforts to seize illicit assets from the Bagudus for onward return to the Nigerian people.

In a similar case brewing in France, French sources informed The Gazette in December that Mr Bagudu was preventing the repatriation of $150 million in Abacha loot to Nigeria, with officials further adding that he wanted a $30 million cut from the fund.

Peoples Gazette noted that Mr Bagudu did not return a request seeking comments about the latest settlement in the separate U.S. case. But he had previously claimed that only his family members were involved.

Mr Bagudu’s brother, Ibrahim, had said he was fighting to keep the loot because his brother, Atiku, had put the money in a trust fund for the family. The U.S. government rejected that argument, saying beneficiaries need not be complicit for proceeds of fraud to be forfeited.

In the latest joint status report, the parties revealed their pursuit of a court-supervised settlement to conserve resources. The proposed settlement includes the resolution of related actions in the United Kingdom, adding complexity to the negotiations and necessitating an extension of the stay until March 8, 2024.

A federal judge approved a new deadline of March 8 for all parties to finalise their joint position on the matter.

SaharaReporters has reported that before joining politics, Bagudu was a prolific bagman for Abacha helping the dictator and his family to launder a large chunk of the estimated $2.2 billion stolen from Nigeria’s coffers.

He has over the years been in the news over plans by the U.S. to help Nigeria repatriate millions of dollars from the British Island of Jersey.

The funds were part of the billions of dollars traced to Abacha.

Shortly after the agreement was signed in the U.S., Bloomberg wire service reported that officials of the U.S. Department of Justice (DoJ) kicked against plans by the Nigerian government to return $100 million to Bagudu from the Abacha loot.

The DoJ said in a February 3, 2020 statement that the former Kebbi governor and now minister was part of a network controlled by Abacha that “embezzled, misappropriated and extorted billions from the government of Nigeria”.

Bagudu was said to have created anonymous companies in the British Virgin Islands and other financial havens.

His offshore network system relied on a sprawling global industry of bankers, investment portfolio managers and go-betweens who worked together to protect his stolen wealth.

He also reportedly used anonymous companies, investment trusts and other paper entities to create complex structures to disguise the origins of Abacha’s dirty money.

Bagudu was one of the Nigerians unveiled by the 2021 Pandora Papers as hiding dirty money in offshore shell companies.

In 2020, the US government opposed a move by Nigeria to hand over $110 million to Bagudu.

SaharaReporters had reported that the money was part of the Abacha loot to be repatriated.

The former Kebbi governor’s assets were seized along with Abacha’s because they were considered to be his reward for the “services” he rendered to the military head of state.

Court documents showed that the payment was a product of a 2018 agreement between Bagudu and the Nigerian government.

Other documents also revealed that former President Muhammadu Buhari’s administration challenged a move by the U.S. to further question Ibrahim Bagudu, his elder brother about the laundered fund.

The Buhari-led administration also fought to thwart America’s effort to remove the confidential classification of the agreements, which would make them available for public scrutiny as well as being presented as evidence in court.

The court papers further rubbished the claim by Bagudu that he had done nothing wrong and that the U.S. government was merely trying to use him as an excuse to confiscate the recovery of the money by the Nigerian government.

Credit: Peoples Gazettee

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Rivers Crisis: Wike taunts Fubara, accuse governor of sharing money belonging to State

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Minister of the Federal Capital Territory, Nyesom Wike

The former governor of Rivers State, Nyesom Wike has accused the Governor of Rivers State, Siminalayi Fubara of sharing Rivers State with those he surrounded himself with who cannot help him.

Speaking at a civic reception in his honor at Abalama Town in the Kalabari Kingdom, organized by NEW Associates, Wike, the former governor of Rivers State, blamed the Secretary to the State Government (SSG), Dr. Tammy Danagogo, for instigating the political crisis in the state.

The former governor who is now the Minister of the Federal Capital Territory, FCT stated that Rivers State House of Assembly led by Speaker Martin Amaewhule who recently won their case at the Supreme Court would not be stopped from doing their constitutional duties.

Wike stated this while addressing the large crowd that gathered to receive him, Wike said he attended the event despite threats from certain individuals, emphasizing that the occasion proved the opposition was merely making “radio noise.”

“I heard some people say I wouldn’t come here. Who are they, and how many are they? What you’ve done today shows the world that all the noise on the radio is not the reality. If you are from Kalabari and the Ijaw nation and you are receiving me today, God will continue to bless you. I will always stand by you and support you.”
Wike also denied reports that he described the Ijaw people as a minority in Rivers State, stating that his words were taken out of context.

“Some people have deliberately misinterpreted my interview. However they choose to twist it is their business. I simply said we all worked together, and without unity, it would have been difficult to produce the governor. Chief Alabraba did not allow me to rest during the decision-making process; he nearly fainted when we were choosing the candidate.

“Himself, OCJ Okocha, Sergeant Awuse, and Celestine Omehia were present when we met. On the day of the primary, the current governor initially refused to run, saying my Commissioner for Finance, Isaac Kamalu, should be the candidate instead. Celestine Omehia insisted that Kamalu should run because he believed the governor couldn’t effectively carry out the responsibilities of the office.”

Wike alleged that those surrounding the governor advised him to withhold the salaries and allowances of Assembly members for over a year. He stressed that he would not interfere with the Assembly’s constitutional functions.
“They told you to seize the salaries and allowances of Assembly members for over a year, leaving them without income to feed their families or pay school fees. You were jubilating, and people encouraged you, assuring you that nothing would happen.

“Now, something has happened. I am not going to stop the Assembly from performing its constitutional duties. The Assembly should be allowed to do its job. People who love peace do not threaten others.

“I told you that the House of Assembly members would not lose their seats. I told you that the local government shenanigans would not stand. I don’t need to be a governor to know that what is illegal is illegal. We fight it constitutionally, following due process. What did we do wrong?

“We simply said that the Assembly members, local government chairmen, and National Assembly members worked hard to make you governor—do not abandon them. But they claimed I was asking for money. Has the money come? Those you are sharing money with, how far?

“Yesterday, I was a bad man, a crook, and a criminal. But it was that same ‘bad man’ who made you governor against all odds. If I hated the Ijaw people, I wouldn’t have done that, and nothing would have happened. I believe in the principle of ‘live and let live.”

Wike also criticized those surrounding the governor, labeling them “natural ingrates” and warning that money is not everything.

“Anyone who is not an ingrate would not associate with what is happening. I told the governor to enjoy what God had given him in peace and not to engage in unnecessary conflicts. But his advisers told him, ‘You are the governor, you have money.’ I agree, but money is not everything. These people have nothing to offer. Now, look at where we are. How far?”

Meanwhile, the chairman of the occasion, Chief Ferdinand Alabraba, praised Wike for his political acumen and unwavering support for the Ijaw people.

“Wike has worked to resolve the political crisis in Rivers State by following the dispute up to the Supreme Court. We pray that peace will return to the state through this process.

“We will continue to support you at all times and uphold collaboration as a powerful force for advancing the interests of all parts of the state. Your contributions to Kalabari land will remain indelible for generations to come.”

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USPF Secretary commends ITU, UK-FCDO’s partnership on Nigerian rural connectivity

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L-R: Nigeria National Consultant, International Telecommunication Union (ITU), Ogundipe Olubunmi; Permanent Secretary, Federal Ministry of Communications, Innovation and Digital Economy (FMoCIDE), Faruk Yabo; Hon. Minister, FMoCIDE, Dr. Bosun Tijani; Executive Vice Chairman/Chief Executive Officer, Nigerian Communications Commission, Dr. Aminu Maida; Secretary, Universal Service Provision Fund, Yomi Arowosafe and West Africa Area Representative, ITU, Ali Badiel, during the Industry-focused Stakeholders Engagement Session organised by the USPF of the Commission in collaboration with ITU and United Kingdom Foreign, Commonwealth & Development Office (UK FCDO), in Lagos on Thursday (March 13, 2025).

The Secretary of the Universal Service Provision Fund (USPF) of the Nigerian Communications Commission (NCC), Mr. Yomi Arowosafe, has commended the International Telecommunication Union (ITU) and the United Kingdom Foreign, Commonwealth & Development Office (UK FCDO), for their collaboration with Nigerian government to deepen rural connectivity for socio-economic development of the country.

Arowosafe gave the commendation at an Industry-Focused Stakeholders Engagement Session which was organised in Lagos over the weekend by the USPF in in collaboration with the UK FCDO and the ITU. The session built on USPF’s ongoing efforts to facilitate the achievement of wide network connectivity coverage in unserved and underserved communities across Nigeria.

The event was attended by the Hon. Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani; the Permanent Secretary of the Ministry of Communications, Innovations and Digital Economy, Faruk Yabo; the Executive Vice Chairman of Nigerian Communications Commission, Dr. Aminu Maida; Chief Executives of telecommunications companies, State ICT commissioners, notable industry players, trade associations, development partners, key speakers, distinguished guests and staff of both NCC and the USPF.

The Minister spoke on the commitment of President Bola Tinubu to provide enabling policy directions and initiatives towards ensuring greater connectivity in Nigeria to transform the socio-economic development of Nigeria while the NCC boss, Maida emphasized the Commission’s resolve to continue to back all USPF projects through effective regulatory measures that help in accelerating deployment of necessary digital infrastructure that support the achievement of the Federal Governments’ priority areas and ministerial blueprint.

Speaking at the event, Arowosafe said the engagement reflected the USPF’s shared vision and commitment to expanding inclusive connectivity and that the presence of all other stakeholders at the event underscored the vital role of collaboration in achieving the goal.

He said the theme of this workshop, “Fostering Connectivity in Unserved and Underserved Communities: Collaborating for Sustainable Growth”, highlighted government’s dedication to bridging the digital divide, in alignment with NCC’s Strategic Focus Areas, the Ministry’s Strategic Blueprint, and Presidential Priority Areas.

“Together, we have the power to create sustainable and inclusive pathways to ensure no community is left behind. Achieving this requires strong partnerships among government, private sector, non-governmental organisations (NGOs), development partners, and community leaders. By sharing insights and resources, we can design tailored solutions that address both immediate and long-term connectivity challenges,” he said.

The USPF Secretary stated that ahead of the session, the USPF gathered input from stakeholders through questionnaires. He said the responses obtained shaped the panel discussions, focused on key strategies to foster connectivity through collaboration and partnerships, strengthen capacity building and security, and explore innovative funding mechanisms for sustainable connectivity.

L-R: Representative of the United Kingdom Foreign, Commonwealth & Development Office (UK FCDO), Udoh Indogesit; Nigeria National Consultant, International Telecommunication Union (ITU), Ogundipe Olubunmi; Permanent Secretary, Federal Ministry of Communications, Innovation and Digital Economy (FMoCIDE), Faruk Yabo; Hon. Minister, FMoCIDE, Dr. Bosun Tijani; Executive Vice Chairman/Chief Executive Officer, Nigerian Communications Commission, Dr. Aminu Maida and Secretary, Universal Service Provision Fund, Yomi Arowosafe, during the Industry-focused Stakeholders Engagement Session organised by the USPF of the Commission in collaboration with ITU and UK FCDO in Lagos on Thursday (March 13, 2025).


He said the engagement, thus, offered a platform for robust dialogue and practical solutions that address our unique challenges and help improve telecommunications access in underserved regions, while encouraging participants to actively participate, share their expertise, and contribute to shaping outcomes that will strengthen the nation’s digital ecosystem and improve the lives of all Nigerians.

“This event marks the beginning of a collective journey toward a more connected, inclusive, and prosperous Nigeria. USPF is proud to lead this effort, and we look forward to what we can accomplish together,” he said.

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Kano gov’t calls for calm, says Appeal Court didn’t set aside judgment recognizing Sanusi as Emir of Kano

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Kano State Government has called for calm among residents, Friday’s Court of Appeal judgment did not set aside judgment recognizing Sanusi Lamido Sanusi II as the Emir of Kano State.

The clarification was given on Saturday by the State’s Attorney General and Commissioner for Justice, Bar. Haruna Dederi, while addressing erroneous media report on the Court of Appeal judgment.

CAPITAL POST reported on Friday that tension gripped Kano State with security agents taking strategic position to quell any eventualities after the reported Court of Appeal judgment setting aside recognition of Sanusi Lamido Sanusi as Emir of Kano State.

Derideri however, explained that Aminu Babba Dan’Agundi, a party in the case who was dissatisfied with the Appeal Court’s ruling, had applied for a stay of execution pending the Supreme Court’s decision. The court granted the request, but this did not mean it had nullified its previous judgment.

“The Court of Appeal only ordered that the status quo be maintained; it did not set aside its judgment,” Dederi stated.

The State Attorney said: “On January 10, 2025, the Court of Appeal delivered a judgment upholding the repeal of the Kano Emirate Council Law, 2019, and setting aside the ruling of the Federal High Court, Kano, which had nullified actions taken by the Kano State Government under the Kano Emirate Council (Repeal) Law, 2024.

“Dissatisfied with this decision, Alhaji Aminu Babba Dan’Agundi appealed to the Supreme Court of Nigeria and subsequently filed an application for a stay of execution of the Appeal Court’s judgment.

“The panel of justices granted the stay, pending the determination of the substantive appeal at the Supreme Court. This is a routine judicial procedure to maintain the status quo while an appeal is being heard.

“However, it is concerning to see misleading headlines and reports suggesting otherwise. These misrepresentations appear to be aimed at creating discord among Kano residents.”

“For the avoidance of doubt, the Court of Appeal did not set aside its judgment of January 10, 2025. That ruling remains valid and in effect until the Supreme Court delivers its verdict.

“The Kano State Government has instructed its legal team to study the situation and determine the next course of action in accordance with the law.”

The Commissioner warned against attempts to distort judicial processes and called for restraint to ensure peace and order in the state.

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