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EFCC grills Oduah over N9.4b contract

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After about 10 months of dilly-dallying, former Aviation Minister Stella Oduah yesterday appeared before an Economic and Financial Crimes Commission (EFCC) panel.

She was grilled for about eight hours by detectives over a N9, 443,549,531.25 contract awarded to I-Sec Security Nigeria Limited for the procurement and installation of security equipment in 22 airports.

She showed up as the agency got set to declare  her wanted.

A United States (U.S.) firm, Psybernetix Limited, has alleged that the ex-minister hijacked the contract for a firm  in which she has a stake.

The EFCC may invite the representatives of the US company to testify against Mrs. Oduah, it was learnt yesterday.

According to a source, Mrs Oduah, who arrived at the EFCC Abuja office at about 11am, was immediately taken to a team of detectives for interrogation.

The source, who pleaded not to be named, said: “After shifting many appointments in the last 10 months, Sen. Stella Oduah came for grilling on the N9, 443,549,531.25 contracts awarded to I-Sec Security Nigeria Limited for the procurement and installation of security equipment in 22 airports across the country.

“We invited her since 13th June, 2017 but she kept giving excuses. We were about to declare her wanted when she appeared before our team.

“The allegations against her include non-execution of the project in some airports, abandonment of the contract in a few ones, diversion of part of the contract sum and suspected case of money laundering.

“We have taken her statement and from this preliminary interrogation, she will still need to come again because many people and organisations are coming up with figures.”

Psybernetix Limited was originally awarded  the contract. It alleged that the contract was unilaterally awarded to I-Sec Ltd without any approval by ex-President Goodluck Jonathan.

The firm, in a status report  obtained by The Nation, said: “We are a successful and experienced US-based Firm of National security Consultants, with projects across the world.

“We also have an office in Abuja, amongst other strategic world capitals. Aviation Security, being one of our areas of practice, we wrote the 88-page proposal for the Nigerian project under reference, spent millions of dollars bringing in various experts to make presentations in Nigeria, local logistics, travel, and sundry fees.

“Our senior executives lived at the Abuja Hilton for over a year, working exclusively on securing these contracts.

“We still have the original award letters, but we had to walk away from the projects two days to the full (100 %) disbursement of the contract value, as approved by the President in writing, because of the outrageous, brazen, extortionate, and criminal demands made.

“The question that should interest all serious-minded people should be: Why did Psybernetix that had spent a lot of money and time chasing these two contracts reject the contracts two days before the full payment for the first contract (N9.4 billion) was to be made?

“ We wasted a year and a lot of money chasing these opportunities, but our principles dictated that we should  not accept Ms. Oduah’s demands.

“One of her principal demands was to engage a newly-incorporated company with zero experience in Security, Program Management, Project Management, or Global Logistics, as our technical partners. On what basis really? What impudence?

“ She also wanted us to issue post-dated cheques totaling several billions of Naira in favor of this her preferred company (I-Sec Ltd, as well as Zuren Ltd), front companies belonging to her friend and business partner, Walter Wagbotsama.

“This man has just been jailed in the UK for international money laundering and fraud. His associates are still in Nigeria, and we know them all. We know her bankers and all their modus operandi. These details have been shared with our Attorneys in the US and Nigeria, as well as certain law enforcement agencies in the US.

A few valid and germaine posers:

“•       We refused outright to have anything to do with Stella Oduah’s companies, especially I-Sec (a company that was hastily incorporated to perpetrate this fraud). This company had zero Security, Program Management, Project Management, or Global Project Execution experience, so, on what basis would a company of our stature and reputation engage them as our technical partners?

“•  It will be appropriate to see the so-called (obviously forged) document(s) purporting to reflect this so-called technical partnership. We can easily provide our standard letterhead and specimen signatures as well as our standard Technical Partnership Agreement, for easy comparison, if required.

“•Can Stella Oduah and her cohorts please provide the documents evidencing the approvals and contract awards to I-Sec? We have ALL our documents, and there is zero mention of I-Sec on any of them.

“ It is offensive and preposterous for Stella Oduah to claim that we rejected the contracts because the contract value was reduced from N10 billion to N9.4 billion. This is silly, false. The contract value was never N10b. We rejected the contracts because we rejected her demands and conditions. We refused to stain our reputation by acceding to her requests, including writing cheques totaling several billions of Naira upfront in favor of her front companies, including I-Sec.

“When we rejected the contracts, she altered and forged documents, and unilaterally awarded the contracts to I-Sec Ltd; this was her preferred position ab initio.

“Can Stella Oduah provide documents to show that the President, FEC, BPE, etc., approved the formal transfer of the contract to I-Sec? She cannot, because no such approvals were  sought or obtained. She arbitrarily and fraudulently converted our rights under the contracts to her front company, I-Sec Ltd., on the false, criminal, and wicked representation that they were our Technical Partners !!!

“Even if theoretically, there was ANY technical partnership between the two companies (and there was none, as I-SEC had zero value to add to us, and we had determined that I-SEC was clearly incorporated by Stella Oduah and Walter Wagbotsama for the purpose of defrauding both ourselves and the Federal Government), the proper thing to do when we (the sole awardee of the contracts) reluctantly decided to forgo the contracts was to start the Procurement and Approval process all over again, and not to casually forge documents, misrepresent facts, and assign the contracts to one’s front company— a company that had zero pedigree, track record, or known to the Approving Authorities.

“Our international reputation and track record was, thus, used to secure the contracts, only for Stella Oduah’s company with zero experience to inherit the benefits. A classic case of fraud.

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BREAKING: PDP Convention Crisis Deepens as Appeal Court Backs Order Against INEC Recognition

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…dismisses appeal, awards N2m cost against party

The Court of Appeal in Abuja has dismissed an appeal by the Peoples Democratic Party (PDP) against the October 31 judgment by Justice James Omotosho of the Federal High Court in Abuja restraining the Independent National Electoral Commission (INEC) from recognising the outcome of the national convention planned for Ibadan, Oyo State on November 15 and 16 by the PDP.

In a unanimous judgment on Monday, a three-member panel of the appellate court resolved the four issues for determination against the PDP.

It held that the appeal by the PDP was without merit and that the Federal High Court was right to have entered the October 31 judgment and granted all the reliefs sought by the plaintiffs.

The Court of Appeal faulted the PDP’s claim that the trial court lacked jurisdiction to have heard the case on the grounds that issues involved were solely internal affairs of the party.

The court also held that the plaintiffs had the locus standi to have institutes the suit to protect their democratic rights and that the PDP was not denied fair hearing as it claimed in its appeal.

The court awarded N2million cost against the PDP for filing a frivolous appeal.

The court is yet to render its decisions in the remaining eight appeals, which include judgment and rulings

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Opeifa Defends Rail Reforms, Unveils Nationwide Expansion Roadmap

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Opeifa maintained that derailments are not peculiar to Nigeria, noting that such incidents occur across advanced rail systems globally.

“Derailments are regular occurrences in the rail sector worldwide. In February alone, there were incidents in countries like Britain and others. Around the same time we experienced one, there were multiple derailments across the world,” he said.

He disclosed that in 2025, Nigeria recorded three major derailments:
• August 26 at Asham in Kaduna State
• November 1 at Abraka on the Warri–Itakpe line
• November 8 at Agbor on the same corridor

He said the NRC responded swiftly, restoring services within 24 hours in one case, while others were resolved within 21 and 28 days respectively.

Opeifa stressed that derailments can result from factors such as weather conditions, signal glitches, human error, speeding, or aging infrastructure, but noted that in Nigeria’s recent cases, there were no fatalities.

“These incidents are preventable and efforts are ongoing to minimize them. However, they should not be seen as major setbacks to the overall progress of the railway system,” he said.

On Allegations of Mismanagement

Addressing allegations of financial mismanagement within the corporation, Opeifa declined detailed comments, citing ongoing legal processes.

“When a matter is in court, it is sub judice. Allegations of corruption or mismanagement should be handled by the appropriate authorities,” he stated.

He reiterated that his priority is to reposition the NRC in line with global best practices and ensure efficient rail services for Nigerians.

Expansion, Upgrades and National Connectivity

The NRC boss said efforts are underway to restore damaged coaches and upgrade infrastructure using local engineers and technicians.

“We are bringing back the lines and retrofitting coaches. The Warri–Itakpe line is operational. The Abuja–Kaduna line is running, and we are increasing trips from two to three,” he said.

On long-term plans, Opeifa disclosed that the NRC roadmap envisions rail connectivity across major cities nationwide, subject to funding and phased execution.

He dismissed claims of abandoned projects, explaining that rail developments are capital-intensive and implemented in phases based on available resources.

He cited progress on the Lagos–Ibadan corridor—part of the larger Lagos–Kano project—as well as ongoing work on the Kano–Maradi line linking key northern cities.

Lagos–South-East, Port Connections in View

Opeifa also highlighted plans to expand connectivity between southern ports and inland cities. These include proposed links from Warri to Abuja and from Lekki Deep Sea Port to Kajola, Benin, Onitsha, and Aba, enabling both passenger and cargo movement.

Toward Modern Signaling and Faster Trains

On modernization, he said Nigeria is gradually upgrading from older narrow-gauge systems to standard-gauge infrastructure with improved signaling technology.

He noted that metro rail projects in Kaduna, Kano, and Lagos are being developed with higher signaling standards, positioning the country for faster and more efficient train services in the coming years.

“We are not yet at the highest global level, but we are moving steadily upward,” Opeifa said.

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Ticket Reform Boosts Confidence in Lagos–Ibadan Rail Service, Says Opeifa

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A quiet transformation is reshaping the daily commute between Nigeria’s commercial hub and the historic city of Ibadan. Passengers on the Lagos–Ibadan standard gauge corridor say services have become more efficient and predictable following a clampdown on ticket racketeering led by Kayode Opeifa

The renewed confidence in the rail line linking Lagos and  is influencing residential and employment decisions among middle-income earners who once considered daily intercity commuting unrealistic.

“It is now possible to live in Ibadan and work in Lagos without the daily anxiety of securing a ticket,” said Adewale Bamidele, a financial analyst who travels three times a week. “Before, you needed connections. Now, you book, you board, you arrive.”

A Line Once Hindered by Middlemen

The Lagos–Ibadan railway, inaugurated as a flagship infrastructure project under the administration of former President Buhari was designed to ease pressure on the congested Lagos–Ibadan Expressway and deepen economic integration across the South-West.

However, in its early phases, passengers frequently complained of informal ticket rackets. Allegations included bulk-buying by intermediaries and artificial scarcity that forced travellers to pay inflated prices for seats on high-demand trains.

Industry observers say such practices undermined the railway’s credibility as a mass transit solution. “Transport systems thrive on predictability and fairness,” said a transport economist “Once access is perceived as compromised, commuters revert to road transport despite the risks and delays.”

Enforcement and Digitisation

Since assuming oversight responsibilities within the sector, Opeifa has reportedly intensified internal monitoring and strengthened digital ticketing protocols. Railway officials, speaking on condition of anonymity, said stricter verification processes and disciplinary measures against errant staff have curtailed unauthorised ticket sales.

Although the Nigerian Railway Corporation has not released detailed enforcement data, anecdotal evidence from regular commuters points to shorter queues, smoother boarding procedures and fewer last-minute cancellations.

For professionals with flexible work schedules, the improvement has been significant. The average journey time of about two to three hours—depending on the service type—now compares favourably with unpredictable road travel, which can take considerably longer during peak traffic.

Changing Urban Dynamics

Property agents in Ibadan report a modest rise in enquiries from Lagos-based workers seeking more affordable housing. Rents in many parts of Ibadan remain significantly lower than comparable neighbourhoods in Lagos, offering relief to households grappling with inflationary pressures.

“Rail reliability changes everything,” said Funke Adebayo, a real estate consultant in Ibadan. “When people trust the timetable, they are more willing to relocate.”

Economists caution, however, that long-term success will depend on consistent maintenance, adequate security along the corridor and transparent ticketing systems. Any return to informal practices could quickly erode recent gains.

The Lagos–Ibadan corridor is widely regarded as a litmus test for Nigeria’s broader rail ambitions. With additional standard gauge projects planned or underway nationwide, policymakers face mounting pressure to ensure that infrastructure investments translate into reliable public service delivery.

For now, passengers remain cautiously optimistic.

“It feels more organised,” Bamidele said while disembarking at Mobolaji Johnson Station in Lagos. “If this standard is sustained, rail can genuinely compete with road transport.”

Nigeria agree, the real challenge lies not just in laying tracks, but in sustaining public trust.

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