
News
Alleged Coup plot: N11 billion found in detained colonel’s bank accounts
Military intelligence traced about N11bn to the bank accounts of a colonel detained over the alleged coup plot involving some senior military officers.
Top-level security sources revealed that the discovery connected the detained officer to the alleged coup.
According to an officer familiar with the investigation, the colonel, who served directly under a brigadier general now also under probe, had previously been deployed in the Niger Delta region.
“When interrogated, the colonel claimed that the funds belonged to a former governor, whom he described as his business partner. He insisted that the money was meant for a legitimate business transaction,” the source said.
How probe unfolded
It was learnt that the ongoing probe is part of a wider investigation that began after intelligence reports in August 2024 suggested that some serving military officers were allegedly plotting to overthrow the government.

Security sources disclosed that the Defence Intelligence Agency began tracking communications, financial movements, and foreign contacts linked to the suspects months before any arrests were made.
“The coup plotters have been under the radar since August 2024, when the service got wind of the plot. They mapped out three different times to strike, two of which were the June 12 Democracy Day and the October 1 Independence Day this year,” a source said.
“They met in the UK and Turkey this year. But the DIA was patiently gathering facts and evidence before swooping on them.”
DIA’s intervention
Intelligence gathered during surveillance reportedly led to a review of presidential movements.
Security sources said President Bola Tinubu’s frequent stays in Lagos and his reduced presence in Abuja were partly influenced by ongoing security assessments at the time.
“The first countermeasure taken was to divert the President’s movement in recent times,” one source noted.
“There was credible intelligence that they would execute the coup operation on October 1, and that was why the Independence Day celebration was cancelled. It was an operation that lasted for over a year, since August last year. But the service was ahead of them because they had access to their communications.”
Service chiefs’ sacking
Last Friday, President Tinubu dismissed all the service chiefs and replaced them.
It was gathered that the removal of the former Chief of Defence Staff, Gen. Christopher Musa, was partly due to a public statement issued by the Defence Headquarters confirming the arrest of 16 officers.
The disclosure was described as a “management error.”
A credible security source said, “Information about the arrest of the 16 officers shouldn’t have been in the public domain,” a source said.
“The management of the situation was essential because they didn’t want people to have justification for the plot. The international community might begin to misinterpret the situation. The fact that the Chief of Defence Staff was careless by disclosing that they arrested 16 officers was a bad approach to management. That carelessness necessitated the change of the service chiefs.”
The source noted that the move to dismiss all the service chiefs at once was meant to mask the disciplinary intent and prevent speculation that Musa alone was being punished.
Muted public reactions
Although the Defence Headquarters denied any coup attempt, insisting that the arrested officers were only undergoing internal scrutiny, ongoing DIA operations have continued to suggest otherwise.
Two weeks ago, online platform Sahara Reporters reported that 16 military officers were detained in connection with a coup plot.
Since then, further arrests and raids—including the Tuesday search of the Abuja residence of former governor and ex-Minister of State for Petroleum, Timipre Sylva—have been linked to the same investigation.
A report by Premium Times, which revealed the identities of the alleged coup plotters, showed that 15 of the detained military personnel are from the northern parts of the country.
Their states of origin include Nasarawa, Niger, Bauchi, Kaduna, Plateau, Gombe, Katsina, Jigawa, and the Federal Capital Territory.
A security source said the restrained communication from the authorities was to prevent political tension and ethnic suspicion within the military hierarchy.
Officials are said to be cautious about publicising the regional identities of the suspects, which could be misinterpreted as a targeted move against northern officers and could further destabilise the already sensitive power balance in the armed forces.
Meanwhile, the Nigerian Air Force has approved the redeployment of some senior officers to key command and staff positions.
A statement on Friday said it was part of efforts to enhance operational efficiency and align NAF structure with the leadership vision of the new Chief of the Air Staff, Air Marshal Sunday Aneke.
No fewer than 19 officers received new appointments, while six others were posted to various defence and inter-service establishments.
The statement, issued by the Director of Public Relations and Information, Air Commodore Ehimen Ejodame, said the restructuring was aimed at improving decision-making, strengthening coordination across units and commands, and reinforcing readiness in response to current security challenges.
Aneke’s decision to reshuffle senior officers comes just a day after his counterpart in the Nigerian Army also announced a major reorganisation of top commanders. (Sunday PUNCH)
News
Democracy Day address: Terror financiers will pay dearly, says Tinubu
…issues ultimatum to bandits, kidnappers, their sponsors to surrender or…
President Bola Tinubu has vowed that no mercy will be shown to terror purveyors who enable the killing and kidnapping of innocent Nigerians.
He also issued an ultimatum to bandits, kidnappers and sponsors of terrorism to surrender or face the full force of the Nigerian state, disclosing that his administration had already neutralised over 13,000 terrorists in the past year alone.
Tinubu gave the warning in his national address delivered on the occasion of the country’s 27th consecutive Democracy Day celebration, his fourth as President since 2023.
According to him, although terror-related deaths had declined by 81 per cent since 2015, Friday’s Democracy Day celebration was subdued by the continued captivity of schoolchildren abducted in Oyo and Borno states.
He declared, “To bandits, kidnappers, and sponsors of terror: Surrender or face the full force of the Nigerian State.
“These windows of surrender will not remain open forever. No mercy will be shown to those who trade in the blood of Nigerians.”

The Nigerian leader said his administration had moved beyond training with allies to precision operations on the ground.
“We have moved from training with our allies, the United States, France and other European countries, to precision targeting.
“In Arege, Borno State, we degraded ISWAP’s command centre.
Terror-related deaths are down by 81 per cent since 2015.
“Over 13,000 terrorists have been neutralised in the past year,” he stated.
Tinubu added that despite the neutralisation of terrorists, the door of rehabilitation remained open alongside the door of force.
“Over 124,000 fighters and dependents have laid down their arms since 2023 through Operation Safe Corridor,” he said.
The N5.41tn security allocation in the 2026 budget, Tinubu said, was a statement of national will to crush the current wave of terrorism, which has raged since 2009.
Beyond the budget, he said his administration had approved the recruitment of more than 50,000 new police officers and thousands of military recruits, which, he revealed, was designed to address the persistent gap between the number of security personnel and the security demands of over 230 million Nigerians.
Tinubu acknowledged that even as the country celebrates 27 years of steady democracy, this year’s festive spirit of Democracy Day was weighed down by the continued hostage situation involving school children and teachers kidnapped in Oyo and Borno states, which has now entered its fourth week.
“Though this year’s mood is dampened by the abduction of our children in Oyo and Borno, we remain hopeful for their safe return. Democracy without security is a mirage.
“That is why this administration declared a security emergency and approved the recruitment of more than 50,000 new police officers and thousands of military recruits.
“Our 2026 budget commits N5.41tn, our largest ever, to defence and security. Our administration is ever ready to do much more to secure our people,” he stated.
He called for national unity in the face of the security challenge, rejecting ethnic or religious framing of criminality and urging Nigerians to do the same.
“At a time like this, let us not assign blame or point fingers. Crime has no ethnicity.
“We must stand united and be assured that the enemies of our nation shall soon be history.
“We will triumph over terror and continue to build a more prosperous nation,” he declared.
On the intermittent power crisis of the past three years, the President explained the scale of the challenge he inherited and his response so far.
He said by 2023, the sector was “characterised by chronic generation shortfalls, an unreliable gas supply, and transmission infrastructure so fragile that it could not evacuate available power. Distribution companies were burdened by massive losses and a metering deficit of over four million.
“The result was a sector that generated less than the 13,500 megawatts installed capacity, a sector that transmitted less than it generated, distributed less than it transmitted, and collected revenue far below what it needed to sustain itself,” he added.
Tinubu said in response, he signed the Electricity Act, granting states authority to generate, transmit and distribute power, authorised the Presidential Power Sector Task Force to raise a N4tn bond to settle verified legacy debts, and directed the Rural Electrification Agency, supported by the World Bank and the African Development Bank, to deploy off-grid and mini-grid power to underserved communities, universities, markets and hospitals.
He explained, “To address the problems besetting the sector, I signed the Electricity Act, which grants states authority to generate, transmit, and distribute power.
“The Presidential Power Sector Task Force is working hard to reduce the metering deficit. It has also been authorised to raise N4tn bond to settle verified legacy debts.
“The Rural Electrification Agency, supported by the World Bank and the African Development Bank, has deployed off-grid and mini-grid power to underserved communities, universities, markets, and hospitals.
“Electricity is a democratic dividend we owe every Nigerian. We intend to deliver it.”
On the broader economy, Tinubu said federation revenues had risen, providing states and local governments with more resources, fiscal transparency had improved, and investor confidence had returned across agriculture, energy, manufacturing, technology, mining, transportation and the creative industries.
He said non-oil exports grew by 21 per cent last year, over 1,000 small and medium enterprises had been certified for export, and the National Agricultural Development Fund was deploying 10,000 tractors over five years.
However, he acknowledged that hardship persists.
“Yet, many Nigerians still face economic hardship. We remain focused on reducing inflation, expanding food production, creating jobs, improving living standards, rebuilding confidence in our economy, and creating conditions for sustainable prosperity.
“We are moving from uncertainty to stability. The next phase is about accelerating growth and ensuring the benefits are felt in every home, every community, and every region. We believe that Democracy must be felt in the pocket,” he stated.
News
FULL TEXT: Tinubu’s 2026 Democracy Day speech
Today, we celebrate not only democracy but also the enduring Nigerian spirit. For 27 unbroken years, since May 29, 1999, Nigerians have chosen their leaders through the ballot, witnessed peaceful transitions of power, and resolved disagreements in courtrooms and legislative chambers—not through violence. We have experienced the longest stretch of civilian rule in our history. Our democracy is not perfect, but it is ours, and we must continue to defend and strengthen it.
In the coming days, Ekiti and Osun States will hold elections. I urge INEC, security agencies, and all parties to ensure these polls are peaceful and credible. Democracy fails when citizens doubt the process. To our National Assembly, Judiciary, the Press, and Civil Society: you are the guardrails of our republic. Criticise me, disagree with me, but never stop believing in Nigeria.
To our young people: Nigeria is your home and your future. Build here, code here, work here, and vote here. Every great nation was built by those who stayed to solve problems, not by those who abandoned ship.
To our armed forces, police, and intelligence services: Nigeria salutes your sacrifice. To our traditional rulers, faith leaders, and community heads: thank you for your support of peace and reconciliation. The government cannot do it alone.
Today, we honour the resilience of Nigerians who refused to surrender their faith in freedom, and the courage of those who stood firm against intimidation. We pay tribute to patriots who endured persecution, imprisonment, exile, and even death so that future generations could enjoy democracy. I salute labour leaders, journalists, activists, students, women, professionals, political leaders, and soldiers—both those who have passed and those still with us—for their patriotic contributions.
Though this year’s mood is dampened by the abduction of our children in Oyo and Borno, we remain hopeful for their safe return. Democracy without security is a mirage. That is why this administration declared a security emergency and approved the recruitment of more than 50,000 new police officers and thousands of military recruits. Our 2026 budget commits N5.41 trillion—our largest ever—to defence and security. Our administration is ever ready to do much more to secure our people.
We have moved from training with our allies, the United States, France and other European countries, to precision targeting. In Arege, Borno State, we degraded ISWAP’s command centre. Terror-related deaths are down by 81% since 2015. Over 13,000 terrorists have been neutralised in the past year. But we also keep the door of surrender open. Over 124,000 fighters and dependents have laid down their arms since 2023 through Operation Safe Corridor.
To bandits, kidnappers, and sponsors of terror: Surrender or face the full force of the Nigerian State. These windows of surrender will not remain open forever. No mercy will be shown to those who trade in the blood of Nigerians.
At a time like this, let us not assign blame or point fingers. Crime has no ethnicity. We must stand united and be assured that the enemies of our nation shall soon be history. We will triumph over terror and continue to build a more prosperous nation.
June 12 occupies a sacred place in our national memory. It represents more than an election; it is a defining chapter in our story. We remember Chief M.K.O. Abiola, who won a pan-Nigerian mandate transcending ethnicity and religion. We remember Alhaja Kudirat Abiola.
We also remember Chief Gani Fawehinmi, Chief Bola Ige, Chief Alfred Rewane, Pa Abraham Adesanya, Chief Anthony Enahoro, Alhaji Balarabe Musa, Commodore Dan Suleiman, Dr Beko Ransome-Kuti, Frank Kokori, Arthur Nwankwo, Chima Ubani, Shehu Musa Yar’Adua, and the many other heroes and heroines of democracy whose sacrifices helped secure the freedoms we enjoy today.
As beneficiaries of their struggle, we have a duty to strengthen and deepen the democratic institutions for which they fought. The greatest tribute we can pay is to build a Nigeria where freedom is protected, justice is upheld, opportunity is expanded, and government is accountable.
June 12, 1993, revealed the possibility of a true Nigerian nation. The heroes of June 12 secured political freedom. Our challenge is to secure economic freedom. Democracy must be felt in the quality of people’s lives—in opportunities for youth, in prosperous farmers, successful entrepreneurs, and the dignity of our workers.
The reforms we are undertaking were not chosen for ease, but for necessity. Three years ago, our public finances were under severe strain, investment was discouraged, and economic uncertainty threatened our future. We chose to act, embracing reforms to advance Nigeria’s economic freedom.
Since 2023, our reforms have restored stability and credibility to economic management. Federation revenues have risen, providing states and local governments with more resources for infrastructure, education, healthcare, and security. Fiscal transparency has improved, leakage has been reduced, and public funds are better directed to national priorities. Investor confidence has returned, with investments in agriculture, energy, manufacturing, technology, mining, transportation, and the creative industries growing.
Domestic refining capacity has increased, strengthening energy security and reducing our reliance on imported petroleum products.
By 2023, when we came on board, the electricity sector was characterised by chronic generation shortfalls, an unreliable gas supply, and transmission infrastructure so fragile that it could not evacuate available power. Distribution companies were burdened by massive losses and a metering deficit of over four million. Worst of all, the value chain was drowning in legacy debt. The result was a sector that generated less than the 13,500 Megawatts installed capacity, a sector that transmitted less than it generated, distributed less than it transmitted and collected revenue far below what it needed to sustain itself.
To address the problems besetting the sector, I signed the Electricity Act, which grants states authority to generate, transmit, and distribute power. The Presidential Power Sector Task Force is working hard to reduce the metering deficit. It has also been authorised to raise N4 trillion bond to settle verified legacy debts. The Rural Electrification Agency, supported by the World Bank and the African Development Bank, has deployed off-grid and mini-grid power to underserved communities, universities, markets, and hospitals. Electricity is a democratic dividend we owe every Nigerian. We intend to deliver it.
Across the country, infrastructure projects are connecting producers to markets and creating opportunities for enterprise and employment. The National Agricultural Development Fund is deploying 10,000 tractors over five years. Over 1,000 SMEs have been certified for export. Non-oil exports grew by 21% last year.
Yet, many Nigerians still face economic hardship. We remain focused on reducing inflation, expanding food production, creating jobs, improving living standards, rebuilding confidence in our economy, and creating conditions for sustainable prosperity.
We are moving from uncertainty to stability. The next phase is about accelerating growth and ensuring the benefits are felt in every home, every community, and every region. We believe that Democracy must be felt in the pocket.

Recognising that democracy is undermined when people do not feel its impact, my administration has sought financial autonomy for our 774 local councils. A fundamental challenge to our nation’s advancement has been ineffective local government administration. The insecurity we are addressing is partly due to the collapse of grassroots governance. The Renewed Hope Agenda is about ensuring that all Nigerians benefit from governance.
Every generation has a defining responsibility. The generation of our founding fathers secured independence—the generation of June 12 secured democracy. Our generation must secure prosperity.
Let us move forward together—rejecting division, cynicism, and despair; embracing unity, hope, and confidence. Let us build a Nigeria united by a common purpose, strengthened by diversity, where justice is accessible, liberty is secure, and opportunity is abundant.
Among the architects of modern democratic Nigeria, we honour General Shehu Musa Yar’Adua for his vision of national partnership. In recognition of his contributions, the Federal Government has approved the revitalisation and renaming of the completed Institute of Petroleum Studies, Kaduna, as the General Shehu Musa Yar’Adua University of Geological Sciences and Engineering Technology.
I am also pleased to announce national awards to the following Nigerians, who suffered persecution, endured indignities, exile, incarceration, and, at times, solitary confinement, so that we have democracy today.
Barrister Ayoka Lawani
Tunde Fagbenle
Oladele Alake
Olatunji Bello
Louis Odion
Segun Babatope
Sam Omatseye
Sir Ademola Osinubi
Bola Bolawole
Lade Bonuola
Femi Kusa
Debo Adeniran
Chief Ayo Opadokun
Chief Ralph Obiora
Ose Osayande
Barrister Osa Director
Prof. Sylvester Odion-Akhaine
Dr Arthur Nwankwo (Posthumous)
Dr Osagie Obayuwana
Dr Joe Okei-Odumakin
Barrister Titus Mann
Joe Igbokwe
Richard Akinnola
Ben Charles-Obi (Posthumous)
George Mbah
Dr Niran Malaolu
Major-General Ishola Williams (rtd)
Femi Aborisade
Jenkins Alumona
Gbemiga Ogunleye
Muyiwa Adekeye
Babajide Kolade-Otitoju
Ike Okonta
We also recognise the soldier-democrats of the June 12 struggle:
Major General MA Garba
Brigadier General Lawal Jaafaru Isa
Col Umar Farouk Ahmed;
Col Sambo Dasuki;
Col Lawan Gwadabe;
Brigadier Jonathan Ndam Temlong
Col Musa Shehu;
Major General Chris Eze;
Major General Harris Dzarma;
Col Isa Jibrin;
Maj. General Joseph Oshanupin;
Col Olusegun Oloruntoba, Olugbede of Gbede Kingdom)
Lieutenant Colonel Happy Kefas Bulus
Col J Okai;
Col Emmanuel Ndubueze;
Lt Col Yakubu Muazu
Brigadier Yahaya Abubakar, the Current Etsu Nupe, who is already the holder of the CFR title.
The honours list will be released in the next few days.
Fellow Nigerians, 27 years ago, many doubted democracy would survive here because of our diversity. Today, our diversity sustains our democracy. The road ahead is steep. But June 12 reminds us: Nigerians do not break. We bend, we bleed, but we do not break.
Let us renew our covenant: That the labours of our heroes past shall never be in vain, and that government of the people, by the people, for the people, shall not perish from this land.
May God bless the heroes of our democracy. May God bless the Federal Republic of Nigeria. May God continue to bless us all.
Happy Democracy Day.
BOLA AHMED TINUBU, GCFR
President and Commander-in-Chief of the Armed Forces, Federal Republic of Nigeria
News
Mild drama as policemen, court bailiff storm Nwobodo’s Amechi Country home over Investor’s lawsuit
There was a mild drama in Amechi Awkunanaw, the native home of the former Governor of old Anambra State, Chief Jim Nwobodo, on Thursday morning as they tried to serve a court process.
A team from the Magistrate Court Enugu South, backed by a team of armed police officers, arrived to serve a court summons on the elder statesman’s wife, Patricia Nwobodo.
The dramatic encounter highlights an escalating legal dispute involving a prominent investor, Chief Basil Kenechukwu Ogbuanu.
The operation follows several failed attempts by court officials to deliver the legal documents to Patricia Nwobodo through regular administrative means.
Frustrated by the inability to effect service, High Court authorities took the unusual step of requesting a formidable security escort. The move was deemed necessary to ensure the safety of the court bailiff and to guarantee that judicial orders could be carried out at the high-profile country home.
The roots of the confrontation stem from a bitter legal battle between Mrs. Patricia Nwobodo and Chief Basil Kenechukwu Ogbuanu, a well-known investor in the region.

The civil matter follows the recent collapse of a criminal charge that had previously been brought against Ogbuanu at the instance of the Nwobodos. Following his clearance by the courts, Ogbuanu initiated the current legal action, claiming the initial criminal prosecution was a product of pure malice and falsehood.
Seeking redress for what he describes as a calculated attempt to damage his reputation and investment interests, Ogbuanu filed the suit to hold Mrs. Nwobodo accountable.
However, the progression of the case stalled due to the court’s repeated inability to officially serve her with the originating processes. This procedural bottleneck ultimately forced the Enugu State High Court to employ more assertive measures on Thursday.
The security convoy arrived at the main gates of the Nwobodo country home in Amechi Awkunanaw at exactly 8:47 AM, taking household staff and local residents by surprise.
The scale of the security deployment signaled how seriously the judiciary viewed the persistent evasion of court processes.
With the perimeter of the property secured, a small group consisting of the court bailiff, a female police officer, and an accompanying policeman stepped forward. They entered the main building of the estate to locate Mrs. Nwobodo and execute the court’s directive. Outside, the remaining heavily armed officers maintained a strict cordon, keeping an eye on the developing situation.
For nearly two hours, an anxious silence hung over the Amechi community as the team remained inside the Nwobodo residence. Journalists who had trailed the security convoy observed the developments from a safe distance outside the gates.
The prolonged duration of the exercise inside the house heightened speculation among onlookers that the team was encountering significant resistance.
When the bailiff and the two officers finally emerged just about 11:09AM, the mood outside visibly shifted. Observers noted that the expressions on the faces of the court official and the police personnels were tense and strained as it was alleged that the police team received orders from the State Command Headquarters to immediately vacate the premises of Jim Nwobodo. No immediate official statement was issued by the team as they made their way back to their waiting vehicles.
Adding to the tension, journalists monitoring the area noticed a man loitering near the perimeter of the property who was making urgent phone calls.
The individual, whose ties to the household could not be immediately confirmed, appeared to be monitoring the movements of the court officials. His body language suggested a rapidly changing security situation on the ground.
As journalists drew closer to understand what was happening, they overheard the individual calling for what appeared to be immediate security reinforcement or a “backup.”
Fearing they might be caught in an ensuing clash, the journalists covering the event made a swift decision to leave the vicinity immediately. The media corps evacuated the Amechi Awkunanaw axis to avoid further trouble, leaving the final minutes of the standoff unrecorded. The hasty retreat left the journalists unable to verify the ultimate outcome of the two-hour operation.
Consequently, it remains unconfirmed whether Mrs. Nwobodo was successfully served with the court papers or if the bailiff had to retreat without success.
Furthermore, journalists could not ascertain if the court intended for a personal delivery or if the operation was an attempt at substituted service, such as pasting the documents on the property.
The coming days at the Enugu State High Court will likely reveal whether the dramatic intervention succeeded in moving the investor’s lawsuit forward.
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