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EFCC Slams N254m Bribe Charges Against Only Surviving Akwa Ibom PDP Senator

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On the day Governor Udom Emmanuel described him as the ‘only senator speaking for Akwa Ibom’, the anti-graft agency, EFCC, filed corruption charges against Bassey Albert.

Mr Albert is the only senator from Akwa Ibom who is still in the Peoples Democratic Party (PDP) following the recent defection of Godswill Akpabio to the All Progressives Congress (APC).

The EFCC on Monday filed charges at an Ikeja High Court against Mr Albert for allegedly receiving 12 cars worth N254 million as bribes.

Mr Albert, 45, representing Akwa-Ibom North-East, received the vehicles between 2010 and 2014 from Olajide Omokore, a businessman, when he (Albert) served as the Akwa-Ibom Commissioner for Finance under Mr Akpabio as governor, the EFCC said.

The News Agency of Nigeria (NAN) reports that the EFCC has slammed a 14-count charge bordering on corruption on Messrs Omokore and Albert.

Mr Albert is to face a seven-count charge of bordering on corruption as a public officer and for inviting bribes as a result of his own action.

On his part, Mr Omokore is also facing a seven-count charge bordering on offering gratification to a public officer and giving bribe on account of the action of a public officer.

The duo as well as their counsel were, however, absent in court on Monday when the case was announced for mention at 4.05 p.m. on Monday, according to NAN.

Zainab Ettu, the prosecuting counsel for the EFCC, requested a new court date to enable the anti-graft commission arraign the senator and the businessman.

“We do not have the defendants in court today, though we had earlier anticipated that we would have them in court at a later date.

“We will be asking for a further date, most preferably, after vacation,” she said.

Responding, the vacation judge, Obafemi Adamson noted that the case had not been assigned to a judge, making it difficult to adjourn the case after vacation.

The judge ordered that the case file should be sent to the Registry of the High Court for assignment to a judge, who will hear it.

According to the charge sheet, Mr Albert received the vehicles from Mr Omokore over a five-year period (2010-2014) in Lagos.

Mr Albert allegedly received the bribes while serving as the Akwa-Ibom Commissioner for Finance and Chairman of the Akwa-Ibom State Inter-Ministerial Direct Labour Coordinating Committee (IMDLCC).

On May 10, 2010, Mr Albert allegedly corruptly received a BMW X5 BP worth N50 million from Omokore and another Infinity QX 56 BP worth N45 million from him in December 2012.

On November 2013, the serving senator allegedly received a Toyota Landcruiser V8 BP valued at N40 million. And in March 2014, he allegedly received a Range Rover, also valued at N40 million from the businessman. Also in September 2014, he allegedly received another Toyota Hiace High Roof car valued at N27 million.

Others are Toyota Hiace High Roof car valued at N16 million and six units of Toyota Hilux vehicles valued at N36 million.

The anti-graft commission claimed that the car gifts were given to Mr Albert by Mr Omokore in exchange for contracts from the Akwa-Ibom Government.

The offences, according to the EFCC, contravene Sections 63 (1)(a), 64 (1)(a) and 98(1), (a), (i) of the Criminal Law of Lagos 2011.

Mr Omokore, a controversial businessman, enjoyed a lot of business deals during the tenure of President Goodluck Jonathan. He was also a major financier of the PDP then.

‘THE ONLY SENATOR’

On Monday, the Akwa Ibom Governor, Udom Emmanuel, said Mr Albert was the only senator from the state “speaking for the whole of,Akwa Ibom State.”

Mr Emmanuel said this on Monday while addressing a large crowd of the Peoples Democratic Party (PDP) members and supporters who turned out at the Onna township stadium for a rally organised by the people of Akwa Ibom South Senatorial District to show solidarity with the governor.

“The only man standing! The only man standing! The only man standing!” Mr Emmanuel repeatedly shouted to the crowd as he acknowledged the senator’s presence at the rally.

The crowd responded with the shout of “Oba! Oba! Oba!” which is the acronym for “Obong Bassey Albert”.

“He is the only senator speaking for the whole of Akwa Ibom State in the Senate,” the governor told the crowd.

The governor shouted, “One with God….”

And the ecstatic crowd responded, “….is with the majority!”

Mr Albert, the only senator still remaining in the PDP in the state, has vowed not to leave the party and has also pledged political support for Mr Emmanuel.

Governor Emmanuel’s remarks appear to be a veiled attack on the other two Akwa Ibom senators, Godswill Akpabio and Nelson Effiong, who defected from the PDP to the APC.

There was no indication the crowd at the event on Monday were aware of the corruption charges the senator is now facing, for which he could be jailed for years if found guilty.

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US Cancels Visa Processing for Nigeria, Brazil, Russia, 72 Other Countries

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The Trump administration is suspending all visa processing for applicants from 75 countries, a State Department spokesperson said on Wednesday.
The spokesperson did not elaborate on the plan, first reported by Fox News, which cited a State Department memo.
The pause will begin on January 21, Fox News said.
Somalia, Russia, Iran, Afghanistan, Brazil, Nigeria, Thailand are among the affected countries, according to the report.
The memo directs U.S. embassies to refuse visas under existing law while the department reassesses its procedures. No time frame was provided.
The reported pause comes amid the sweeping immigration crackdown pursued by Republican U.S. President Donald Trump since taking office last January.
In November, Trump had vowed to “permanently pause” migration from all “Third World Countries” following a shooting near the White House by an Afghan national that killed a National Guard member.
Source: Reuters

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‘A Friend of a Thief is a Thief’, Defence Minister Warns Gumi, Other Bandit-Sympathizers

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The Minister of Defence Minister, Lt.-Gen. Christopher Musa, (rtd), has warned Sheikh Ahmed Gumi and other persons in the country against including bandits in northern brotherhood.

General Musa, via a statement on Wednesday in Maiduguri, declared: “A friend of a thief is a thief,” warning Nigerians against supporting terrorists and bandits in any form.

He said that the warning statement is neither accidental nor symbolic; explaining that it is a clear response to narratives previously promoted by Sheikh Gumi, who described bandits’ hiding in the bush as “our brothers” and argued that society cannot do without them.

General Musa’s message draws a firm line between compassion and complicity. While empathy has its place, justifying or normalising terrorism only strengthens criminal networks that have devastated communities, displaced families, and claimed innocent lives.

Labeling bandit as “brothers” does not reduce violence it legitimizes and undermines national security efforts.

The Defence minister’s warning serves as a reminder that terrorism thrives not only on weapons but also on moral cover. Anyone who excuses, defends, or shields criminals through words, influence, or silence shares responsibility for the consequences. In matters of national security, neutrality is not an option.

Nigeria cannot defeat banditry and terrorism while dangerous rhetoric blurs the line between victims and perpetrators. The choice is clear: stand with the law and the nation, or be counted among those enabling crime.

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Strategy and Sovereignty: Inside Adenuga’s Oil Deal of the Decade

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By Michael Abimboye

In global energy circles, the most consequential deals are often not the loudest. They unfold quietly, reshape portfolios, recalibrate value, and only later reveal their full significance.

The recent strategic transaction between Conoil Producing Limited and TotalEnergies belongs firmly in that category. A deal whose implications stretch beyond balance sheets into Nigeria’s long-troubled oil production narrative.

For Mike Adenuga, named The Boss of the Year 2025 by The Boss Newspapers, the agreement is more than a corporate milestone. It is the culmination of a long-term upstream strategy that is now translating into hard value barrels, cash flow, and renewed confidence in indigenous capacity.

At the heart of the transaction is a portfolio rebalancing agreement that sees TotalEnergies deepen its interest in an offshore asset while Conoil consolidates full ownership of a producing block critical to its medium-term growth trajectory. The parties have not publicly disclosed the monetary value, industry analysts place similar offshore and shallow-water asset transfers in the high hundreds of millions of dollars, depending on reserve certification and development timelines. What is indisputable, however, is the deal’s structural clarity: each partner exits with assets aligned to its strategic strengths.

For Conoil, the transaction represents something more profound than asset shuffling. It is the validation of an indigenous oil company’s ability to operate, produce, and partner at scale. That validation was already underway in 2024, when Conoil achieved a landmark breakthrough: the successful production and export of Obodo crude, a new Nigerian crude blend from its onshore acreage.

In a country where new crude streams have become rare, Obodo’s emergence signalled operational maturity. More importantly, it shifted Conoil from being perceived primarily as a downstream and marginal upstream player into a full-spectrum producer with export-grade assets.

The commercial impact was immediate. Obodo crude enhanced Conoil’s revenue profile, strengthened cash flows, and materially improved the company’s asset valuation.

For Mike Adenuga, Obodo represented something else entirely: oil income with scale and durability. Producing crude shifts wealth from theoretical to realised. It is the difference between potential and proof.

That momentum was reinforced by Conoil’s acquisition of a new drilling rig, a move that underscored its intent to control not just resources, but execution. In an industry where rig availability often dictates production timelines, owning modern drilling capacity gives Conoil a strategic advantage lowering costs, reducing dependency, and accelerating development cycles. It also enhances the company’s bargaining power in partnerships such as the one with TotalEnergies.

Taken together, the Obodo crude success, the rig acquisition, and the TotalEnergies transaction, these moves materially expand Conoil’s enterprise value. While private company valuations remain opaque, upstream assets with proven production, infrastructure control, and international partnerships typically command significant multiple expansion. For Adenuga, all of these represents a stabilising and appreciating pillar of wealth.

As The Boss Newspapers honours Mike Adenuga as Boss of the Year 2025, the recognition lands at a moment when his oil ambitions are no longer peripheral to his legacy. They are central. In Obodo crude, in steel rigs, and in carefully negotiated partnerships, Adenuga is shaping a version of Nigerian capitalism that privileges patience, scale, and execution over spectacle.

In the end, the most powerful statement of wealth is not net worth rankings or headlines. It is the ability to convert strategy into assets, assets into production, and production into national relevance. On that score, the Conoil–TotalEnergies deal may well stand as one of the most consequential chapters in Mike Adenuga’s business story and in Nigeria’s evolving oil future.

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