News
Ex-Mint Boss, Emmanuel Okoyomon To Be Extradited To The UK

Former manager of a polymer banknote manufacturer, Securency International Pty Ltd of Australia, Peter Chapman, who allegedly bribed Emmanuel Ehidiamhem Okoyomon, a former Managing Director of Nigerian Security, Printing and Minting Company, NSPMC, (facing extradition proceedings in Nigeria), to secure a “multi-million-euro” contract, was on May 11, 2016 convicted by a Southwark Crown Court in the United Kingdom, UK.
The news of his conviction was relayed by Serious Fraud Office, SFO, to the Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, who was on a visit to the SFO in London. The visit was part of efforts to strengthen cooperation between the SFO and the EFCC.
The trial of Chapman, according to the SFO, began on April 4, 2016. Among other allegations, he was said to have paid bribes in order to secure orders for the purchase of reams of polymer substrate from Securency. The total value of the bribes, he was convicted of paying to the agent was approximately $205,000.
The SFO’s director, David Green, said, “This has been a long, detailed investigation and a complex prosecution involving assistance from a wide range of jurisdictions. Crimes like this damage the UK’s commercial reputation and this conviction shows that such activity will not be tolerated.”
In expressing its delight at the successful prosecution of Chapman, the SFO expressed gratitude to the EFCC, along with other law enforcement agencies including Australian Federal Police, the National Crime Agency, the Metropolitan Police, the Central Authority of Nigeria and authorities in Brazil, the Seychelles, South Africa, Canada and Spain for their assistance in this case.
Chapman was arrested at Heathrow Airport in April 2015, having been extradited from Brazil, and was charged with six offences under the Prevention of Corruption Act 1906 on April 30, 2015.
His co-accused, Okoyomon, who arrested by the EFCC for his role in the bribery scam, is however, currently battling to stop his extradition from Nigeria to the UK for trial. Justice E. S. Chukwu of a Federal High Court, Abuja, had on May 4, 2015 ordered that Okoyomon be extradited to the UK to face charges of corruption and money laundering.
However, Okoyomon, through his counsel, Alex Izinyon, SAN, approached the Court of Appeal, seeking for a stay of execution of the order of the court. Through his other counsel, Mike Enahoro, he had also approached a Federal Capital Territory, FCT, High Court sitting in Apo, Abuja, seeking to be granted bail from prison, where he had been remanded after Justice Chukwu ordered his extradition.
However, on September 11, 2015, Justice Valentine Ashi of the FCT High Court sitting in Apo, Abuja ruled as an abuse of court process, the bail application brought before it by Enahoro. The trial judge had berated Okoyomon’s counsels for deliberating employing delay tactics to frustrate his extradition to the UK for trial.
In the meantime, Okoyomon awaits the ruling of the Court of Appeal on his application seeking for a stay of execution on the Federal High Court’s order that he be extradited to the UK for trial, just as Brazil did for Chapman.
Okoyomon’s extradition is being sought by the UK government over his alleged role in the bribery allegation involving officials of Central Bank of Nigeria, CBN, the NSPMC and Securency International Pty Ltd of Australia between 2006 and 2008.
News
Ajimobi’s Eldest Child, Bisola Dies In The UK

Late Governor Ajimobi’s first child, Bisola is dead!
News filtered in early Thursday, March 27, 2025 that Bisola,42 died after a brief illness in the United Kingdom.
The late woman before her death was the special adviser to the Minister of Budget and Planning, Atiku Bagudu.
Married to Kolapo Kola-Daisi, their marriage is blessed with three children.
News
EFCC Arrests Top Businesswoman, Aisha Achimugu

The Economic and Financial Crimes Commission (EFCC) recently arrested prominent businesswoman and socialite, Aisha Achimugu, following allegations of fraudulent activities related to a multi-million-naira contract awarded to her company by a South-West state.
Achimugu, who serves as the Chairman of Bluewave Exploration and Production Limited, was detained last weekend after a civil society group filed a petition accusing her of involvement in dubious dealings concerning the contract. She was granted bail the following day but has been instructed to return for further questioning in the coming week.
Beyond her corporate endeavors, Achimugu is well-known in elite circles across Lagos and Abuja. Her social media presence showcases a lavish lifestyle, featuring exotic vacations, exclusive yacht parties, and private jet travels.
This arrest marks a significant challenge for Achimugu, whose business empire and social standing are now under intense public scrutiny. The EFCC’s investigation is ongoing, and the outcome may have far-reaching implications for her career and reputation.
A source hinted that Achimugu was asked by the commission to report back on the 30th of March,2025 for further questioning.
Not really bothered by the investigation, the billionaire days after her arrest launched a 30-day feeding Ramadan programme where she targets the less-privileged.
Additional Information- Streetjournal Magazine
News
Obasa Missing as Lagos Assembly Sits, Lauds President Tinubu

The Lagos State House of Assembly convened for a crucial legislative session yesterday, but an unexpected absence stole the spotlight, the ousted Speaker Mudashiru Obasa was nowhere to be seen. The sitting, which focused on key legislative matters and a commendation of President Bola Ahmed Tinubu’s leadership, went on without Obasa, raising eyebrows among lawmakers and political observers alike.
New Speaker Mojisola Meranda presided over the proceedings, ensuring the session ran smoothly. During deliberations, the lawmakers took turns applauding President Tinubu for his strides in governance, particularly his economic and infrastructural policies aimed at revitalizing Lagos and Nigeria as a whole. However, whispers about Obasa’s absence could not be ignored.
Sources within the Assembly remained tight-lipped on the reason for his nonappearance, fueling speculation.
As lawmakers dispersed after the session, the big question lingered where was Obasa? For now, the mystery remains, but all eyes will be on the next sitting to see if the seasoned politician resurfaces.
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