News
Ex-minister Agunloye sues EFCC, demands N1b for declaring him wanted
Olu Agunloye, a former Minister of Power and Steel under ex-President Olusegun Obasanjo, has filed a N1 billion suit against the Economic and Financial Crimes Commission (EFCC) over allegations that it published his name on its website’s wanted list.
Agunloye, in the suit, marked FHC/ABJ/CS/167/2024 and filed by his team of lawyers led by Adeola Adedipe (SAN), also joined the Attorney-General of Federation (AGF) as the second defendant.
The case before Justice Emeka Nwite of the Abuja Division of the Federal High Court has now been fixed for April 18 for hearing.
The ex-minister sought six reliefs, including a declaration that the EFCC cannot lawfully exercise its discretion, powers and or functions under sections 1(2\(c\, 6, 7, 13 of the EFCC Act, 2004, ditto section 4 of the Police Act 2020, by declaring him wanted on its official website or any other related platform.
Agunloye said this was without recourse to any safeguard in sections 34({1)(a), 35, 37, 39, 41 and 42 of the 1999 Constitution (as amended), including a judicial intervention, order or leave of court pursuant to sections 1(1), 8(1) & 42(2) of the Administration of Criminal Justice Act (ACJA), 2015.
He, therefore, sought an order for the EFCC, its agents, privies, representatives and other related affiliates to forthwith remove his picture, name, references, details and or particulars from the wanted list published on its official website or any other related platform.
He also sought a perpetual injunction restraining the EFCC and the AGF, “both jointly or severally, whether by themselves or their staff, from further declaring the plaintiff wanted in relation to the particulars and subject matter of this suit, either on the EFCC official website, newspaper publication or any other related platform, except by a judicial intervention and recourse to all constitutional safeguards available to him in law and equity.
“General damages of one billion naira (N1,000,000,000:00) against the defendants, especially the first defendant.”
In the affidavit which he deposed to, Agunloye said he sought a redress and judicial intervention from the court concerning some actions of the anti-graft agency, which he said ought not to occur under the watch of the AGF, who is the chief law officer of the federation.
He said he sought a judicial determination on the propriety or otherwise of exercising the EFCC’s discretion or power to declare him wanted without recourse to any judicial intervention or relevant constitutional safeguards.
“As at the time of filing this suit, my picture, name, particulars and other details are currently uploaded on the official website of the first defendant,” he said.
The plaintiff said he was declared wanted for corruption and forgery.
He said that as a result of the action by the first defendant, “I have become a subject of ridicule, stripped of my dignity, freedom of movement and even presumption of innocence, with respect to a criminal trial which I am currently being prosecuted of, by the first defendant.”
Agunloye alleged that the deliberate act of the EFCC was orchestrated to project him negatively in the international community.
He said this was so because sometime from November 2002 to May 2003, while he served as Minister of Power and Steel, he awarded a contract to Messrs Sunrise Power and Transmission Company Limited for the construction of the Mambila Power Project by the Federal Government of Nigeria (FGN).
On December 12, 2023, the commission declared Agunloye wanted over his role in the $6 billion Mambilla hydropower contract.
Former President Olusegun Obasanjo had accused Agunloye of mismanaging the power project during his tenure from 1999 to 2003 and failed to brief him on the state of the project.
Agunloye, however, denied the allegations, stressing that the nature of the initial contract for the project was awarded as a Build, Operate and Transfer contract in May 2003 under his watch.
The ex-minister said it was traumatising for EFCC to declare him wanted, “Knowing fully well that I was not on the run, I reported at the EFCC headquarters here in Abuja the next day, December 13, 2023, where I was served with a criminal charge and was detained till December 18, 2023.
“On January 10, 2024, I was arraigned in court and admitted to bail on January 11, 2024, because I am presumed innocent of all the criminal allegations,” he averred.
Agunloye said even though the law presumes him innocent of the criminal charge, EFCC continued with the unlawful publication on its website.
He described the action of the anti-graft agency as “arbitrariness, oppression, violation of its statutory powers and functions and unlawful.”
(NAN)
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 11th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1530 and sell at N1550 yesterday 11th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
The likelihood of former President Goodluck Ebele Jonathan entering the presidential race in 2027 is becoming increasingly apparent, particularly given the recent developments surrounding his potential candidacy.
Reports suggest that Jonathan is discreetly meeting with key political figures across the country, which adds to the anticipation surrounding his possible return to politics. Click link to continue reading.
News
2025: Nigeria Missed Out As Ghana Other Meet Top 10 African Countries With Stable Power Supply Emerge
More questions have been raised over the incompetence of the power sector in the country as Nigeria as many African countries making significant strides in enhancing their power supply stability by investing in modern electricity transmission networks, advanced grid infrastructures, renewable energy sources, and natural gas.
Their diversification prevents disruption in their electricity distribution. Foreign collaboration and smart technology are also some of the positive factors that support these countries’ power sector. …click link for full list here
The Dollar to Naira exchange rate in the black market continues to highlight Nigeria’s forex supply challenges, with many individuals and businesses relying on the parallel market for transactions.
CBN maintains tighter controls and a lower rate at official windows, limited access and allocation restrictions force most importers, businesses, and students abroad to turn to the parallel market, where prices reflect actual demand and supply pressures. Click link to continue reading.
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)?
See the black market Dollar to Naira exchange rate for yesterday 10th September, below. You can swap your dollar for Naira at these rates.
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1530 and sell at N1545 yesterday 10th September 2025, according to sources at Bureau De Change (BDC). …CLICK LINK TO CONTINUE READING
Please note that the Central Bank of Nigeria (CBN) does not recognize the parallel market (black market), as it has directed individuals who want to engage in Forex to approach their respective banks.
Dollar to Naira (USD to NGN) Black Market Exchange Rate Today
Buying Rate N1525
Selling Rate N1535
Dollar to Naira (USD to NGN) CBN Rate Today
Highest Rate N1510
Lowest Rate N1506
Please note that the rates you buy or sell forex may be different from what is captured in this article because prices vary.
Isaac Fayose, younger brother of former Ekiti State Governor Ayo Fayose, has sparked nationwide controversy after declaring that Nigeria belongs only to the Hausa and Yoruba ethnic groups.
In a viral video making the rounds on social media, Fayose dismissed the long-standing belief that Nigeria’s unity rests on a tripod of Hausa, Igbo, and Yoruba.
He claimed that the Igbos have been marginalized and not counted among the country’s dominant groups.
He stated: “They said Nigeria belongs to Hausa, Igbo, and Yoruba, but that’s a lie… take out that Igbo, stop including them because it’s a lie.”
The remarks have triggered widespread backlash, with many Nigerians accusing him of promoting ethnic hatred and fueling disunity.
Others, however, agreed with his statement, describing it as “an honest truth” about Nigeria’s politics.
Netizens Reactions…
@olaoluwasunnyman reacted: “Honest truth.”
@chefnoka said: “History will never forget you, brother. I’m not Igbo, but I love the way you speak and stand for the truth. We need it to move this nation forward.”
@newbilliy commented: “I’m Yoruba but an Igbo President will make Nigeria great. I love Igbo people and their business mindset.”
@beautyjunctiongh wrote: “God bless you, my brother, for saying the truth.”
@benedictoguama asked: “Where is Jonathan from?”
@daveiyke_donnegro stated: “@isaacfayoseoriginal_ God bless you Sir for speaking the truth. I wish other Nigerians can shun tribalism and unite for the progress of Nigeria. Tribalism us a tool against Nigerians and the unity of Nigeria. Politicians have weaponized tribalism which enables them thrive in continued political and socioeconomic incompetence.”
@realtundr4 added: “I agree with what you said, sir, but look at it, does igbo really have d right candidate? Obi is just chameleon to me he’s not real, neither do they have the leadership experience as our current president @officialasiwajubat, the one and only politician that have ever created more millionaires and successful individual in the whole nation. Make we leave hatred, JAGABAN na baba.”
@wellingtonisgreat commented: “@wellingtonisgreat said: “Nigeria belongs to everybody not hausa, yoruba, igbo, Benin have not been president before let us go? You dey talk anyhow.”
@richeart4u said: “Those that have been president, were they given free or charge? Was there a law that stopped Igbo man from being a president? How do people become a president? Or do you mean Igbo have never been allowed to contest for presidency? Same things goes to women too, why are women not hugely represented in all positions even presidency? No one is stopping anyone from becoming anything, you just have to change your strategy and alignment. You can’t be doing same thing over the years and not get the desired result and still want to stick to that failed pattern to achieve a new result. Igbo people and their candidate must be encompassing. Hausa has been aligning more to Igbo people to get whatever position they wanted and why are they not returning the favour hugely? Align to anyone that can boost your change of winning and be well accommodating and understanding the power of choices and politicking. I might be wrong 0000. Na ma small knowledge I take respond oooo.”
Fresh Crisis Hits Air Peace As Pilot Tested Positive for Alcohol, Drug
Hospitals Shut As Resident Doctors Begin Five-Day Warning Strike
Delta Govt Clears Air on Olomoro–Igbide Road Project, Counters Misinformation
Dangote Refinery Sets Date For Direct PMS Supply To 11 States
Wema Bank Surpasses CBN Capital Requirement With Successful N150 billion Rights Issue
FCCPC Recovers N10 Billion For Angry Customers From Banks, Fintech
Oil War: NUPENG Gives Fresh Warning Over “Arrogant Disregard” for Due Process
Coup Plot: Popular Former President Jailed for 27 Years
2027: Why It Would Be Difficult For Tinubu – Fresh Analysis Predicts Possible Election Results
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 12th September 2025
Politics4 days ago2027 Election: What Nigerians should know if Jonathan wins against Tinubu
- Sports2 days ago
EXPOSED: Osimhen fakes injury for Nigeria – Asamoah Gyan
- News4 days ago
Strike: No More N820/Litre; New Petrol Prices Emerge At Filling Stations; [DETAILS]
- Politics4 days ago
Fubara Return: New Twist As Suspended Rivers Governor May Lose Seat Over Pending Supreme Court Ruling
- News3 days ago
NO MERCY: Eric Chelle’s sack letter ready as Nigeria battles South Africa
- Business4 days ago
Jubilation as dollar crashed, new rate emerges
- News5 days ago
Smoke From The Altar: Reasons Deeper Life Church members are not happy with Pastor Kumuyi
