The Lagos Directorate of the Economic and Financial Crimes Commission, EFCC, on Monday, August 19, 2024, arraigned one Ayodele Toyosi for an alleged investment fraud before Justice A.M. Lawal of the Lagos State High Court sitting in Ikeja.
The defendant was arraigned alongside his companies, Reaprite Global Limited and Agrorite Limited, on an 11-count charge bordering on obtaining by false pretence and stealing to the tune of N600,150,000,00( Six Hundred Million, One Hundred and Fifty Thousand Naira only) and $50,000.00( Fifty Thousand United States Dollars).
Investigation revealed that the defendant allegedly defrauded a number of persons on the pretence that he had an interest-yielding investment in agricultural export.
One of the counts reads: “That you, Ayodele Toyosi, Reaprite Global Limited and Agrorite Limited, sometime in June 2023 in Lagos, within the jurisdiction of this Honourable Court, dishonestly converted to your own use the aggregate sum of N200,000,000.00 (Two Hundred Million Naira only) belonging to one K. C. Akoson Investment Limited and Kenneth C. Maduakor by dishonestly representing to them that you will help them transfer the said money to their importers in China whereas you expended the money for your personal use and committed an offence contrary to Sections 278(1) (b) (f) of the Criminal Law of Lagos State 2011.”
Another count reads: “That you, Ayodele Toyosi, Reaprite Global Limited and Agrorite Limited, sometime in June 2023 in Lagos, within the jurisdiction of this Honourable Court, by false pretence and with intent to defraud, obtained the aggregate sum of N300,000,000.00 (Three Hundred Million Nara only), belonging to one K. C. Akoson Investment Limited and Kenneth C. Maduakor by dishonestly representing to them that you will help them transfer the said money to their importers in China, whereas you used the money to purchase a property known as Plot 17 Pinnock Beach Estate, Anyiran Town, Eti Osa Local Government Area, Lagos and committed an offence contrary to Section 1(1)(a) and punishable under Section 1(3) of the Advance fee Fraud and Other Fraud Related Offences Act, 2006.”
He pleaded “not guilty” to the offence.
In view of his plea, prosecution counsel, G. C Akaogu, prayed that the defendant be remanded in the EFCC custody for continuation of the investigations of other petitions pending against him.
Responding, the defence counsel, Olalekan Ojo, SAN, prayed the court to remand the defendant in the Ikoyi Correctional facility.
He also sought a date for the hearing of the bail application.
After listening to both counsel, Justice Lawal adjourned the matter till August 21, 2024 for the hearing of the bail application and also remanded the defendant in Ikoyi Correctional facility.
Media & Publicity
August 19, 2024
PRESS RELEASE
SANWO-OLU CONGRATULATES YORUBA ON ISESE DAY
The Chairman of the South West Governors Forum and Governor of Lagos State, Mr. Babajide Sanwo-Olu, has congratulated Yoruba on Isese Day being celebrated across the six South West states today, August 20.
Governor Sanwo-Olu, in a statement issued on Tuesday by his Special Adviser on Media and Publicity, Mr. Gboyega Akosile, praised the people of the South West, particularly traditional rulers and traditional religious worshippers, for sustaining and preserving the cultural heritage of the Yoruba people.
The Governor said although the world has become a global village, with an attendant result in multiculturalism, the Yoruba people have unique culture and traditions that must be preserved for the future generations.
He commended all the traditional rulers and people of the South-West for upholding these cultural and traditional virtues of the Yoruba race.
He however charged them to use the occasion of today’s celebrations to remind themselves of the importance of the Yoruba “Omoluabi” ethos, which include tolerance, hospitality, peaceful coexistence among ourselves, different religious groups and our neighbours, noting that these must continue to be the hallmark of the Yoruba people.
Governor Sanwo-Olu, who declared a public holiday in Lagos State to commemorate Isese Day, also praised his colleagues for declaring today a public holiday in their respective states for the celebration of Isese Day.
SIGNED
GBOYEGA AKOSILE
SPECIAL ADVISER – MEDIA AND PUBLICITY
STATE HOUSE PRESS RELEASE
PRESIDENT TINUBU APPOINTS CHAIRMAN OF NATIONAL HAJJ COMMISSION
President Bola Tinubu has approved the appointment of Professor Abdullahi Saleh Usman as the Executive Chairman of the National Hajj Commission of Nigeria (NAHCON).
Professor Usman is a renowned scholar with qualifications from two Islamic centres of excellence — the University of Madinah and Peshawar University, Pakistan.
He is also well-grounded in Hajj operations, having served as the Chairman of Kano State Pilgrims Board, and successfully superintended the operations of the largest quota of state pilgrims in the country.
The appointment is subject to confirmation by the Senate.
The President expects the new Chairman of NAHCON to discharge his duties with integrity, transparency, and utmost fidelity to the nation.
Chief Ajuri Ngelale
Special Adviser to the President
(Media & Publicity)
August 19, 2024
STATE HOUSE PRESS RELEASE
PRESIDENT TINUBU APPOINTS NEW MANAGEMENT TEAM FOR THE NIGER DELTA POWER HOLDING COMPANY
President Bola Tinubu has approved the appointment of a new management team for the Niger Delta Power Holding Company (NDPHC).
The new members of the management of the company are as follows:
(1) Engineer Jennifer Adighije — Managing Director/Chief Executive Officer
(2) Engineer Abdullahi Kassim — Executive Director (Generation)
(3) Engineer Bello Babayo Bello — Executive Director (Networks)
(4) Mr. Emmmanuel Umeoji — Executive Director (Corporate Services)
(5) Mr. Omololu Agoro — Executive Director (Finance & Accounts)
(6) Engineer Omoregie Ogbeide-Ihama — Executive Director (Strategy & Commercial)
(7) Barrister Steven Andzenge — Executive Director (Legal Services)
The new NDPHC Chief Executive Officer, Ms. Jennifer Adighije, is an experienced engineer with vast competencies across management functions in the private and public sectors.
She holds a master’s degree in Wireless Networks & Telecommunications from Queen Mary University of London, UK, and a bachelor’s degree in Electrical/Electronics Engineering from the University of Lagos, Nigeria.
The President expects the new members of the management of the company to deploy their expertise and experience to drive NDPHC’s mandate of effectively managing the National Integrated Power Projects (NIPP).
Chief Ajuri Ngelale
Special Adviser to the President
(Media & Publicity)
August 19, 2024