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Nigerian Businessman Furious Over Allegation of N51bn Fraud

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Nasiru Danu

By Modupe Gbadeyanka

A businessman in Nigeria, Mr Nasiru Danu, has expressed his displeasure over a report linking him with an alleged N51 billion fraud.

A popular online news platform, Sahara Reporters, had claimed in a report published on March 5, 2021, that Mr Danu connived with the Comptroller General of the Nigeria Customs Service (NCS), Mr Hameed Ali, to rob the nation of the said amount.

This did not go down well with the businessman, who is now considering taking a legal action against the online newspaper for defamation of character.

Already, the lawyers of the philanthropist have written to the management of Sahara Reporters to retract the “defamatory publication on all its distribution platforms” within seven days.

The media organisation has also been asked to tender an unreserved apology to Mr Danu and must be “published in three national dailies for seven consecutive days.”

They warned that failure to comply might see Sahara Reporters facing a tough legal battle as Mr Danu was ready for a showdown.

They described the report as not only false but a fabrication as the story was published without the presentation of facts to back their claims.

Sahara Reporters had said in its story that Mr Danu, a chieftain of the ruling All Progressives Congress (APC) defrauded the Nigerian government of N51 billion meant to improve the revenue of the customs.

“Some top customs operatives and one Alhaji Nasiru Haladu Danu shared N51 billion. N2.5 billion out of the fund was transferred to a foundation owned by President Muhammadu Buhari’s daughter.

“Comptroller-General Hameed Ali has been on low key since the scandal broke out. They have him by the vice grip,” the online news platform had quoted an unnamed source as saying.

But the man responded in a letter dated March 6, 2021, to SaharaReporters through his lawyer, Mr Bode Olanipekun of Wole Olanipekun & Co., that he was not “part of any fraud including that alleged in your publication as involving N51 billion.”

“In the same vein, our client asserts, in the most vehement manner possible, that he did not transfer, or know about any transfer of N2.5 billion to any foundation, which he is purportedly a signatory to,” he further said.

“Our client’s position is that your publication was made, either with actual or constructive knowledge of the falsity of its content or without any effort to verify the authenticity of such damaging stories which any media outlet should be loath to publish.

“This is obvious, for instance, from the paucity of details as to time, place, account details, etc, in the publication. Such action is clearly indicative of bad faith and/or, recklessness, with respect,” the letter added.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Court Grants El-Rufai N100m Bail in DSS Case 

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nasir el-rufai icpc

By Adedapo Adesanya

Justice Joyce Abdulmalik of the Federal High Court in Abuja has granted bail to former Kaduna State Governor, Mr Nasir El-Rufai, in the sum of N100 million with one surety in like sum.

Delivering the ruling, Justice Abdulmalik imposed a series of stringent conditions that the defendant must meet before perfecting the bail.

The court held that the proposed surety must reside in either the Maitama or Asokoro districts of Abuja and must deposit the original Certificate of Occupancy (C-of-O) of a landed property at the court registry.

The surety is also required to be a federal civil servant not below Grade Level 17 and must provide evidence of salary payments for at least three months, authenticated by a letter from the manager of a bank within the jurisdiction of the court.

The court further ordered the surety to depose to an affidavit of means, enter into a bail bond, and submit a recent passport photograph to the court registry.

As part of the bail conditions, Mr El-Rufai is to deposit all valid international passports with the court registry.

The court also directed that a verification letter from the surety’s immediate department be submitted, alongside a tax clearance certificate covering the last six months.

Justice Abdulmalik further ordered the defendant to report to the headquarters of the Department of State Services every last Friday of the month by 10 a.m. to sign an attendance register pending the determination of the case.

The judge warned that failure to comply with the conditions would lead to an automatic revocation of the bail.

The court additionally directed the defendant to submit a letter of attestation from the Chairman of the Kaduna Traditional Council.

This comes a month after a Kaduna Court granted bail to the former Minister in a corruption case filed by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over charges related to alleged corruption and abuse of office during his tenure in the North-Western state from 2015 to 2023.

He was alleged to have abused his office and to have intended to commit fraud and confer undue advantage, which were alleged against the opposition politician.

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PenCom Proposes Full Salary Pension for Retired Police Officers

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police retirees

By Adedapo Adesanya

The National Pension Commission (PenCom) has proposed a sweeping reform of retirement benefits for officers of the Nigeria Police Force under the Contributory Pension Scheme (CPS), including lifetime monthly pensions equivalent to 100 per cent of their final salary and a gratuity of 200 per cent of their annual emoluments upon retirement.

According to the Leadership newspaper, the measure is part of federal government efforts to address persistent agitation from retired police personnel who say CPS payouts are inadequate.

The reform will see retired police officers receive a monthly pension equivalent to 100 per cent of their final salary for life and gratuity payments amounting to 200 per cent of annual emoluments, benefits that many officers have been clamouring for years.

According to the newspaper, retirees under the scheme have raised concerns over poor pension payouts, with some saying they receive as little as N30,000 to N80,000 monthly, while also lamenting the inadequacy of their lump-sum retirement benefits.

Some other recommendations include increasing active officers’ monthly pension contribution for serving police officers from the current 10 to 20 per cent, while employee contributions will remain at 8 per cent.

The new arrangement, which includes a monthly pension equivalent to an officer’s last salary and increased gratuity benefits, is expected to strengthen financial security for retired personnel and boost the morale of officers still in active service.

The measure is expected to significantly improve Retirement Savings Account (RSA) balances, enhance pension payouts, and strengthen the long-term sustainability of the pension structure.

If approved by President Bola Tinubu, the augmentation plan for police personnel will reflect the government’s recognition of the police’s critical role in maintaining national security and public order, as well as the need to ensure officers’ dignity and stability after retirement.

Police pensioners who have been protesting against the CPS insisted that the scheme, which requires both employers and employees to contribute monthly into Retirement Savings Accounts (RSAs) managed by Pension Fund Administrators (PFAs), has worsened their welfare.

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Yemisi Shyllon Museum of Art Plans Training for Media Practitioners

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Yemisi Shyllon Museum of Art YSMA

By Aduragbemi Omiyale

The Yemisi Shyllon Museum of Art is organising a two-day training for media practitioners in the art and culture segment.

The programme is scheduled for June 10 and 11, 2026, at the museum, located at the Pan-Atlantic University, Lagos.

The theme of the event is New Narratives & Singular Communication in Arts Journalism: The Museo del Prado Experience.

The training is being put together to enable participants to refine their storytelling and reporting skills in arts journalism; learn audience-focused, ethical, and impactful communication techniques; gain fresh perspectives on media engagement in the creative sector; and connect with peers and build valuable professional networks.

To be part of this initiative, journalists are required to apply through this link on or before May 25, 2026, as spaces are limited, and only shortlisted applicants will be contacted.

The organisers said this specialised workshop offers a rare opportunity to learn directly from one of the world’s leading museum communication teams. The programme will be led by a highly respected and accomplished expert from the Prado Museum, bringing global insights and practical strategies to the Nigerian arts journalism landscape.

“At YSMA, we are excited to bring this opportunity to the Nigerian media community and to support the growth of thoughtful, innovative, and globally relevant arts journalism.

We encourage you to also share this opportunity with colleagues and peers who are passionate about covering arts and culture,” a notice from the organisation signed by its Head of Corporate Communications and Visitors’ Services, Mr Solomon Nkwagu, stated.

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