
News
N13.1bn bid for forfeited Banana Island property fails – EFCC
There was no successful bid today as a N13.1billion bid for 24 units of luxury flats at Banana Island, Ikoyi, Lagos, failed during the opening of bids for forfeited properties by the Economic and Financial Crimes Commission, on Monday, January 9, 2023, in Abuja.
In a statement obtained by our correspondent, the commission said it commenced the sale of forfeited real estate assets by sealed bids, to the highest bidders on Monday.
It said, “At today’s session, there was no successful bid for the properties in Lot 1 comprising 24 units of luxury flats at Banana Island, Ikoyi, Lagos, which was expected to be sold as a single unit.
“A bidder who turned in the highest bid of N13.1 billion was disqualified for failure to include the stipulated 10 per cent of the bid amount. Other bidders did not make the reserve price. Consequently, Secretary to the commission, Dr George Ekpungu announced the commission will open fresh bids for the properties in Lot 1. The bids will close by 12 pm on Friday, January 13, 2023, while the bid opening will be done the same day.
“Also, there were no successful bids in Lots 2 and 3. Fresh bids were invited until Wednesday, January 11, 2023, and the bids will be opened on Thursday, January 12, 2023.”
Speaking earlier while declaring the exercise open, Dr. Ekpungu had explained that the commission adopted the format of competitive bidding to ensure accountability and that the government gets the right value for the assets. He further disclosed that occupants of the properties for sale have the Right of First Refusal even as he vowed that the Commission will ensure that former owners of the forfeited properties do not attempt to repurchase the assets by proxy. “If you have information about any bid by owners of the assets, please let the Commission know, and we will take appropriate action, including possible prosecution,” he said.

He further commended the EFCC Chairman, Abdulrasheed Bawa for taking the bull by the horn in ensuring that those who have stolen the wealth of the country were denied the proceeds of crime and the assets disposed of for the benefit of all Nigerians.
Director, Public Affairs, EFCC, Mr Osita Nwajah, read out the guidelines for the sale which among others, forbids staff of the commission and persons who have or are being prosecuted in respect of the assets from participating in the process.
He also disclosed that before any bid can be successful, it must be equal to or be above the reserve price, while each bidder was expected to enclose a bank draft for 10% of the bid amount. He said successful bidders have fifteen working days from the bid opening to make full payment. Otherwise, the second highest bidder would be offered the asset.
The assets are grouped into nine lots with today’s sale restricted to lots 1, 2 and 3. The sale of properties in the other lots will continue until the final lot is disposed of on Friday, December 13, 2023.
Proceeds from the sale of the assets will be paid into the Confiscated and Forfeited Properties Account at the Central Bank of Nigeria in line with Section 69(a) of the Proceeds of Crime ( Recovery and Management) Act, 2023.
The Commission had on December 24, 2022, in a paid advertorial published in five of the major newspapers in the country, announced the commencement of bids for over a hundred forfeited properties in cities across Nigeria. The bids were expected to close at 12pm on Monday, January 9, while the bid opening starts at 2 pm same day at the National Open University, Jabi, Abuja.
Today’s exercise was witnessed by representatives of the civil society including the Reverend David Ugolor, Executive Director, Africa Network for Environment and Economic Justice, who commended the EFCC for a transparent process but urged the commission to ensure the guidelines are communicated to the public for the benefit of cynics who might be inclined to fault the process.

News
NMA suspends President, Bala Audu
The Nigerian Medical Association (NMA) has been thrown into turmoil following the suspension of its National President, Bala Audu, by delegates at an Emergency Delegates Meeting held in Abuja on Wednesday.
The meeting, which had 63 delegates in attendance from 23 state branches and the Federal Capital Territory, also approved the constitution of a caretaker committee to oversee the association’s affairs pending fresh elections.
The elections are scheduled to take place during the Annual General Meeting billed for Kano between April 27 and May 3.
At the heart of the crisis is a growing disagreement over the disqualification of six candidates from contesting in the forthcoming national elections.
The National Officers Committee, led by Audu, had disqualified the candidates on the grounds of incomplete documentation.
However, several delegates at the emergency meeting faulted the decision, arguing that it was inconsistent with established electoral practices within the association.

Following deliberations, the delegates voted to overturn the disqualification, thereby clearing the affected candidates to participate in the elections.
The meeting went further to suspend Audu, citing alleged violations of the association’s constitution.
In a swift reaction, the Audu-led National Officers Committee rejected both the suspension and the resolutions reached at the emergency meeting.
The committee described the process as “unconstitutional and procedurally flawed,” insisting that due process was not followed in convening the meeting.
The development has effectively split the association into opposing camps, deepening an already tense leadership dispute.
Reacting to the development, the Secretary-General of the NMA, Dr Ben Egbo, maintained that the resolutions from the emergency meeting would be reviewed in line with the association’s constitution.
He said appropriate disciplinary measures would be taken where necessary.
Egbo also confirmed that the Annual Delegates Meeting would proceed as scheduled next week, alongside the planned elections.
He added that the disqualification of one presidential candidate had been reviewed and upheld, stressing that “there would be no reversal of that decision.”
The association’s leadership further dismissed the caretaker committee set up by the delegates, insisting that such an arrangement cannot stand outside constitutionally recognised procedures.
According to the leadership, only actions taken in strict adherence to the association’s constitution would be considered valid.
With both factions holding firm to their positions, concerns are mounting over the credibility and smooth conduct of the forthcoming elections in Kano.

News
Corps member beaten to death by Benue vigilantes
The deceased Corps member, Ben Agir
A serving National Youth Service Corps member, identified as Ben Agir, has been allegedly beaten to death by members of a community vigilante group in Buruku Local Government Area of Benue State.
It was gathered that the incident occurred in Anibros settlement during a night patrol operation by the vigilantes.
A local source said the deceased was accosted on suspicion of being involved in the theft of a motorcycle.
Confirming the incident to newsmen on Thursday, the Chairman of Buruku LGA, Raymond Aondoakura, said it happened on Sunday night between 11 pm and 12 midnight.
The chairman said, “The report came to me on Monday around 4 am. The incident happened at Mbajor settlement near the Local Government Secretariat.

“From what I gathered, they said they caught him and suspected that he was a bike snatcher. Before he could explain himself and present his identification card, one of the leaders started beating him, claiming that he was not telling them the truth.
“They beat him to a coma, and seeing his condition, they took him to a hospital that night, and he died.”
According to him, the suspects have been arrested and handed over to the police for further action.
“We confirmed that the deceased was a serving corps member,” the LG chairman stated.
He also disclosed that the council had suspended the activities of vigilante groups in the area pending proper regulation.
However, the Public Relations Officer of the National Youth Service Corps in the state, Mrs Veronica Ogwuche, told newsmen that preliminary information indicated that the deceased was not a corps member serving in Benue, adding that he may have been serving in Gombe State.
Efforts to reach the Benue State Police Public Relations Officer, DSP Udeme Edet, were unsuccessful as calls and messages were not returned as of the time of filing this report. (The PUNCH)

News
Another child dumped at Pastor Chibuzor’s gate in Rivers
A cleric, Chibuzor Gift Chinyere, has raised alarm after another child was reportedly abandoned at his residence on April 23, 2026.
According to him, the incident occurred earlier in the day when the young boy was discovered at his gate. He stated that he has immediately notified the police and is making arrangements to hand the child over to the appropriate authorities.
The cleric explained that he is unable to take in new children at the moment due to ongoing registration processes with the Ministry of Social Welfare. He stressed that accepting the child would violate existing legal requirements guiding child care and protection.
He further disclosed that his facility is already accommodating over 500 children, making it necessary to strictly adhere to regulations before admitting more.
Chinyere also expressed appreciation to the Federation of International Women Lawyers and the Ministry of Social Welfare for educating him on proper legal procedures.
He reiterated that the child would be transferred to the custody of the Ministry, emphasizing that compliance with the law remains his top priority.


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