News
Trouble for T.A Orji as EFCC traces billions of Naira to son’s account
Almost five years after he vacated office, the Economic and Financial Crimes Commission (EFCC) is closing in on former governor of Abia State, Theodore Orji.
Orji who served between 2007-2015, according to Sunday Sun , is currently under the radar of the anti-graft agency, which has allegedly traced billions of naira into bank accounts of his children.
EFCC, acting on a comprehensive petition, dated March 17, 2017 and filed by ‘Fight Corruption: Save Nigeria Group,’ is said to have uncovered funds belonging to the state government, diverted to personal accounts.
The petitioner had alleged that T.A Orji received and diverted various sums of monies that accrued to Abia State.
According to the details of the petition, such monies were N383 billion revenue from federal accounts, N55 billion from Excess Crude Revenue, N2.3 billion Sure-P, N1.8 billion Ecological funds, N10.5 billion loan from First Bank of Nigeria through the Ministry of Chieftaincy and Local Government Affairs and N4 billion Loan from Diamond Bank.
Others were N12 billion Paris Club refund, N2 billion Agricultural loan for farmers and N55 billion ASOPADEC funds.
The petitioners alleged that the funds were received by the Abia State government, alleging that nothing could be shown to prove that the funds received were well used.
A source told Sunday Sun that based on the petition, the EFCC commenced investigations and discovered that the former governor was drawing N500 million monthly purported to be security vote, which were being converted.
“As he became the governor in 2007, he continued to draw the N500 million cash monthly from June 2007 to May 2015.
“The N500 million, investigation revealed, is aside of the security funds expended on the Nigerian Police, the Nigerian Army, DSS, Navy anti-Kidnapping Squad, anti-robbery Squad, purchase of security equipment and vehicles for the security agencies.
READ ALSO: N7.65Billion Fraud: Ex Gov. Orji Kalu Gets 12yrs Imprisonment
“Investigation was extended to his family members to ascertain the link and culpability of the alleged fraud.
“The ex-governor’s first son, Chinedum Orji Enyinnaya who is currently the Speaker of the Abia State House of Assembly is now a frequent guest at the EFCC headquarters to throw light on his involvement in the fraud.
“A check on his financial activities revealed that he had about 100 accounts in different banks, with over 80 per cent of the accounts still very active. The accounts which were both corporate and individual received so much deposit in cash without evidence of job or services rendered,” the petition claimed.
The Fotoworld Industry Limited GTB account with number 2022025805, where most of the funds are kept are said to have been traced to Senator T.A Orji’s son.
“The company received deposit of $20, 849, 044.21 (Twenty Million Eight Hundred and Forty Nine Thousand and Forty Four Dollars Twenty One Cent).
“Same company with another account number 2022025764 in First Bank of Nigeria (FBN) received a cumulative deposit of N362, 573, 056.50 (Three Hundred and Sixty Two Thousand Five Hundred and seventy Three Thousand and Fifty Six Naira, Fifty Kobo).
“Fotoworld has several other accounts with FBN. The accounts and deposits are: 2026144229, $84, 000 cash deposit between 2014 and 2015; between 2012 and 2015, account number 2022025764 housed N342, 573, 056.50; Account number 2022025939 between November 2012 and July 2015 recieved a deposit of 1, 689, 320.89 Pounds Sterling.
READ ALSO: I governed Abia state with my own money – Orji Kalu
“The GTB account 0039060117 of the same company housed N88, 300, 000 (Eighty Eight Billion Three Hundred Thousand Naira) between February 2009 and July 2014,” the petition claimed, among other deposits.
Another company said to have been used by T.A. Orji was Fotofast Industry Limited, which had several accounts opened in FBN.
“The sum of N20, 861, 165.95 entered into the FBN account number 2014629152 between 2011 and 2017. Between 2011 and 2016, another N223, 929, 515.37 was lodged in Fotofast’s account number 2015559102 domiciled in FBN.
“Other lodgements in different Fotofast Industry Limited accounts with FBN are: account number 2014629152, n4, 103, 574, 603.59; account number 2015559102, N223, 929, 515.37; account number 2005428513 had N1, 719, 939, 006.77 between 2007 and 2015; account number 2015559102 had N273, 941, 436.47. Between 2011 and 2015, FBN account number 2014668964, received the sum of N64, 898, 657.77.
“Several accounts were also opened in GTB by Fotofast Industry Limited. They include: account number 0040777462 which received deposits of N425, 606, 131.71 between 2002 and 2009; account number 0040777479 received N71, 815, 987 between 2002 and 2008; account number 0040777486 had N23, 463, 880 between 2008 and 2010 while N158, 499, 815 was the deposit in the GTB account number 0040777493. Another N50 million was lodged in GTB account number 0039691058,” the petition claimed.
Cheetah Press Limited is another concern of the ex-governor’s son. The company with FBN account number 2006413367 had deposits of N1, 083, 731, 890.93 between 2007 and 2017.
In Union Bank, the same company had a deposit of N430, 980, 632.18 in account number 0034400341,” a source said.
Cheetah’s Standard Chartered account number 000171072 had N42, 009, 795.36 between 2011 and 2016. In GTB account number 0107577738, N241, 059074. 24 was traced to Cheetah Press between 2011 and 2016 and another N966, 041, 454 between 2011 and 2016.
In UBA alone, Cheetah’s account number 1015210129 had N143, 851, 800 between 2010 and 2018; while account number 1008016040 had N2, 226, 458, 581.35 between 2016 and 2020.
Another UBA account number 1011361993 of Cheetah had N782, 694, 255.77 between 2007 and 2019, Sunday Sun learnt.
EFCC’s analysis of several other accounts of the Orjis is still ongoing.
Meanwhile, Speaker, Abia State Assembly, Chinedum, was grilled by operatives of the EFCC on Thursday, February 5, in continuation of the investigations.
– The Sunday Sun
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News
Nigeria Bans Honorary Degree Holders from Using ‘Dr’ Title
The Federal Government has officially banned recipients of honorary degrees from using the “Dr” title as a prefix to their names, in a move aimed at curbing the misuse and politicisation of academic honours.
The directive was announced on Wednesday by the Minister of Education, Tunji Alausa, following a Federal Executive Council (FEC) meeting held at the Presidential Villa in Abuja.
Speaking to State House correspondents, Alausa expressed concern over what he described as the growing abuse of honorary doctorate awards across the country.
“The recent trend we’ve seen with the award of honorary degrees has revealed a growing abuse and politicisation of this academic privilege,” he said.
“We’ve seen awards being used for political patronage, for financial gain, as well as the conferral of awards on serving public officials, which, as part of the ethics of honorary degree awards, should not happen.”
New Directive Takes Effect
Under the new policy, individuals conferred with honorary doctorate degrees will no longer be allowed to use “Dr” as a prefix in any official, academic, or professional setting.
Instead, recipients are required to clearly state the full honorary designation after their names—for example, John Doe, Honorary Doctor of Letters (D.Litt)—rather than adopting the “Dr” title.
The government clarified that only individuals who have earned doctoral degrees through academic study or are certified medical practitioners will retain the legal and professional right to use the “Dr” prefix.
Move to Restore Academic Integrity
The decision is part of broader efforts by the Federal Government to restore credibility and integrity to Nigeria’s education system, particularly in the awarding of honorary degrees.
Education stakeholders have long raised concerns over the proliferation of honorary doctorate awards, with some institutions accused of granting such honours without strict academic or ethical standards.
Observers say the new regulation is expected to discourage the commercialisation of honorary degrees and reinforce the distinction between earned academic qualifications and ceremonial recognitions.
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Abuja
Mercedes G63 Kills Six Cows in Abuja Highway Crash
A luxury Mercedes-Benz G-Class G63 AMG was involved in a late-night crash on a major highway in Abuja, killing six cows and sparking renewed concerns over road safety and enforcement of grazing laws in the Federal Capital Territory.
The incident occurred around 8 p.m. on Monday,
according to eyewitness accounts, when the high-speed SUV collided with a herd of cows that had reportedly strayed onto the roadway. A video circulating on social media shows the aftermath, with the white cows lying across the dark highway as traffic officials worked to manage the situation.
As of the time of filing this report, there were no confirmed injuries to the driver or any passengers in the vehicle. Unverified reports on social media suggested that the SUV sustained only minor damage despite the severity of the collision.
The accident has reignited debates over the continued presence of cattle on major roads in Abuja, despite the 2017 ban on open grazing introduced by the Federal Capital Territory Administration. The policy was designed to curb frequent clashes between herders and communities, as well as prevent traffic disruptions and accidents caused by roaming livestock.
Residents and road users have repeatedly raised concerns about the enforcement of the grazing ban, noting that cows are still often seen along highways and within urban areas of the capital. Monday night’s crash is the latest in a series of such incidents, highlighting ongoing gaps in regulation and compliance.
Authorities are yet to release an official statement on the crash or confirm whether any action will be taken regarding the presence of the cattle on the highway.
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Jobs
Job Vancancy: Moniepoint Job Vacancies in Abuja and North Central Nigeria
Leading Nigerian fintech company Moniepoint has announced six new job openings across Abuja and several states in the North Central region, expanding its workforce in compliance, technical operations, sales, and security management.
The vacancies cut across multiple departments, reflecting the company’s continued growth in agent banking, SME solutions, and digital financial infrastructure services.
Available Positions
Field Risk & Internal Control Officer (North Central)
- Team: Compliance
- Location: FCT, Nigeria
The role focuses on monitoring operational risks, enforcing internal control standards, and ensuring compliance across field operations in the region.
Apply Here
Hardware Engineer
- Team: Advanced Technical Operations
- Location: FCT, Nigeria
Successful candidates will handle hardware installation, maintenance, troubleshooting, and technical support for field operations.
Apply Here
Implementation Officer (North Central)
- Team: Moniebook Business Management Tools
- Locations: Benue, Plateau, FCT
This role involves onboarding merchants and ensuring smooth deployment of Moniepoint’s business tools across assigned regions.
Apply Here
Inbound Sales Officer (Abuja)
- Team: Moniebook Business Management Tools
- Location: FCT, Nigeria
The position focuses on handling inbound customer inquiries, converting leads, and supporting sales growth for Moniepoint business solutions.
Apply Here
Regional Lead, Corporate Security (North)
- Team: Moniepoint MFB
- Locations: FCT, Kano
The role oversees corporate security operations, risk prevention strategies, and protection of company assets across northern Nigeria.
Apply Here
Regional Lead, Field Risk & Internal Control (North)
- Team: Compliance
- Location: FCT, Nigeria
This leadership position is responsible for coordinating regional risk management teams and strengthening internal control systems.
Apply Here
The hiring drive comes as fintech companies in Nigeria continue to expand their physical and digital operations across underserved regions, particularly in agent banking and SME support services.
Moniepoint, one of the fastest-growing fintech firms in the country, has steadily increased recruitment in technical, compliance, and field operations roles over the past year.
With these openings, Moniepoint is strengthening its presence in Abuja and northern Nigeria while scaling its financial services infrastructure across the country.
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Business
Nigerians Slam Moniepoint CEO Over ‘Talent Quality’ Remarks Amid Hiring Debate
Comments by Tosin Eniolorunda, CEO of Moniepoint, have sparked a heated debate online after he questioned the quality of Nigeria’s talent pool while discussing his company’s hiring challenges.
Speaking at the The Platform Nigeria on May 1, Eniolorunda said the fintech firm had advertised over 500 vacancies since 2024 but struggled to find qualified local candidates. He revealed that by 2025, the company reversed its local-only hiring policy due to the shortage.
“I used to feel Nigerians are really bright… but we are still struggling to find Nigerians to fill those roles. They don’t meet global standards,” he said, attributing the gap to factors such as social media distractions, cybercrime, hookup culture, and weaknesses in the education system.
Backlash and Counterarguments
His remarks triggered swift backlash from Nigerians, particularly within the tech community, with many accusing local companies of failing to invest in talent development.
Critics argued that unlike global firms, Nigerian tech companies rarely offer structured, paid internship programs or training pipelines to groom young professionals. Some pointed to examples of international companies like Oracle Corporation, where internships and early talent programs serve as entry points into full-time roles.
Others shared personal experiences of being rejected by local firms despite strong resumes, while noting that Nigerian professionals continue to secure roles in global companies such as Amazon.
A recurring sentiment online was that many Nigerian companies demand “global-standard talent” but are unwilling to offer competitive compensation or career development opportunities.
Industry Perspective
Supporters of Eniolorunda’s stance, however, pointed to the realities of scaling a fast-growing fintech company in a competitive global market. They cited brain drain, limited specialized skills, and increasing demand for top-tier expertise as genuine challenges facing Nigerian startups.
Analysts say the controversy highlights a broader issue within Nigeria’s tech ecosystem balancing expectations between employers and job seekers, while addressing gaps in education, training, and remuneration.
The debate mirrors ongoing tensions around talent development, compensation, and hiring practices in Nigeria’s fast-evolving tech sector.
As companies expand and compete globally, the question of how to build, retain, and fairly reward talent is likely to remain a central issue.
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News
Outrage as Soldier Assaults Journalist Over Traffic Dispute in Lagos
A Nigerian soldier has allegedly assaulted a journalist, Fakoyejo Olalekan, during a traffic control operation in Lagos State, triggering widespread public condemnation after video footage of the incident surfaced online.
The clash occurred on May 2 near Pleasant Event Centre in Ikeja, where personnel of the Nigerian Army were reportedly directing heavy traffic.
According to eyewitness accounts, the altercation began after Fakoyejo remarked to passengers that a soldier’s handling of a motorcyclist had caused an unnecessary delay. The comment allegedly angered one of the soldiers, who ordered everyone out of the vehicle.
The situation escalated when the soldier reportedly slapped and shoved the journalist, and briefly reached for a piece of wood before bystanders intervened to prevent further escalation.
Video clips circulating on social media show at least two soldiers involved in the confrontation. During the incident, Fakoyejo’s phone screen was also seen shattered on the pavement. No serious injuries were reported.
The footage has since triggered widespread criticism online, with many users calling for accountability and questioning the conduct of military personnel during civilian traffic enforcement duties.
As of May 4, the Nigerian Army had yet to issue an official response despite being tagged in multiple public complaints and posts about the incident.
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