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How Oduah, others shared N3.9b airports contracts cash

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oduah

EFCC grills 61 suspects

Director returns N240m

WHO GOT WHAT

•N839, 780,738.09 was remitted to Broadwaters Resources. The cash was diverted to liquidate a loan.
•N1, 629,250,000 was paid into the account of Global offshore and Marine Limited out of which about N840m went to Crystal TV Limited. The signatories to the account of Crystal TV are related to Stella Oduah
•About N780million was transferred to Tip Top Global Resources Ltd belonging to the family of a former Secretary to the Government of the Federation, Sen. Anyim Pius Anyim. Anyim’s staff were discovered to be signatories to the account

There is N9.4 billion meant for the installation of security devices at the 22 airports?

This is the knot the Economic and Financial Crimes Commission (EFCC) is battling to untie.

Its detectives have traced about N3.9billion of the N9.4billion to a company belonging to a former Minister of Aviation, Sen. Stella Oduah and five other firms.

The firms are Broadwaters Resources Company Limited; Sobora International Limited; Global offshore and Marine Limited; Tip Top Global Resources Limited and Crystal TV .

About 61 suspects have been grilled by the anti-graft agency in connection with the alleged diversion of the cash.

The EFCC has obtained a court order to impound six dredging vessels, quarry equipment and some equipment bought for Crystal TV under the Interim Forfeiture clause in its Act.

The commission has raised a team to interrogate Mrs Oduah, a senator.

According to a fact-sheet, which was obtained by our correspondent, Tip Top Global Resources Limited, which is linked with the family of a former Secretary to the Government of the Federation, Sen. Anyim Pius Anyim, was paid N780million for unknown services.

The document states: “The contract is for the sum of N9,443,549,531.25 for the procurement and installation of equipment in 22 airports. No evidence that due diligence was carried out before the contract was awarded.

“ This contract was initially awarded to a company called Cybernetics Limited. Ex- President Goodluck Jonathan approved the award to Cybernetics and  the Bureau of Public Procurement issued a certificate of no objection. But due to the reduction of  the cost from over N10b

to N9.4b., Cybernetics rejected the award.

“I-SEC, which was supposed to be technical partner to Cybernetics, was later proposed by the ex-Minister of Aviation for the contract.

”Out of the contract sum, N3, 911, 887, 753.56 was fraudulently diverted, misappropriated and laundered through some companies. Investigators have been able to trace the cash.”

A director of I-SEC is said to have refunded about N240million to EFCC out of the slush funds traced to him. The EFCC has located six dredging vessels, quarry equipment and equipment bought for Crystal TV.  An interim forfeiture order has been obtained on these equipment.

The N3, 911, 887, 753.56 was “paid to other beneficiaries who do not have direct or indirectly connection to the execution of the contract.”

“About N839, 780,738.09 was remitted to Broadwaters Resources Company Limited N839, 780,738.09 which had no relationship with I-SEC.   The cash paid into Broadwaters was later diverted into another firm called Sobora International Limited to liquidate an existing loan into First Bank. The shareholders and signatories to the account are people related to Stella Oduah. Her cousin, who is a staff in her private company called SEA Petroleum and Gas Limited was a signatory into the account.

Another N1, 629,250,000 was paid into the account of Global offshore and Marine Limited out of which about N840m went to Crystal TV Limited. The shareholders and signatories to the account of Crystal TV are related to Stella Oduah and the cash was used to liquidate existing loan by Crystal TV.

“From the same N1.6b, about N780million  was transferred to Tip Top Global Resources Ltd belonging to the family of  a former Secretary to the Government of the Federation, Sen. Anyim Pius Anyim where Anyim’s staff were discovered to be signatories to the account.”

Meanwhile, the EFCC has raised a panel to interrogate Sen. Oduah, who is scheduled to appear before the team on February 19th.

“We are set for the ex-Minister’s grilling, it is left to her to keep to the appointment date which she has fixed,” a top source added.

EFCC said: “Oduah was invited on three occasions to report for interview on the 13th June, 2017, 29th June 2017 and 13th November 2017 but she failed to honour any of the invitations.

Rather than appear to face a panel that was raised by the EFCC to interrogate her, Mrs. Oduah, through a letter dated  January 5, 2018, informed the commission that she would  honour the invite on January 29, 2018.

“The letter was duly acknowledged by the commission and just as the investigators were looking forward to her arrival Oduah played a fast one on the EFCC with another letter indicating that she would no longer be available on January 29.

“She cited an invitation by the Deputy Senate President, Senator Ike Ekweremadu, to accompany him to London where he was scheduled to deliver a lecture at the House of Commons on January 25.

“Oduah stated that her next convenient date to honour your invitation is 19th February, 2018.”

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BREAKING: Court Puts Off El-Rufai’s Bail Hearing, Sets New Date

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The Federal High Court in Kaduna on Tuesday adjourned the hearing of the bail application filed by former Kaduna State Governor, Nasir El-Rufai, till Wednesday.

The adjournment followed proceedings that took place under tight security, reflecting heightened public interest in the high-profile corruption trial.

Counsel for the ex-governor, Ukpong Akpan, confirmed the development shortly after the session but declined to give details.

“I’m sorry, I can’t talk now, we are in the middle of work. I have to go and file responses. The hearing of the bail application has been adjourned till tomorrow,” he said.

Shortly after the court rose, El-Rufai was escorted out of the premises by operatives of the Independent Corrupt Practices and Other Related Offences Commission in a white Hilux vehicle.

Earlier, the former governor had returned to court amid heavy security for the continuation of proceedings on his bail request.

The security arrangement mirrored the situation during his arraignment last week when he was first docked before the court.

El-Rufai is standing trial before Justice Rilwan M. Aikawa on a 10-count charge bordering on alleged conversion and possession of public property as well as money laundering.

He was brought to court after spending over a month in detention, a development that has continued to draw widespread attention across the country.

The court had earlier fixed March 31, 2026, for the hearing of all pending applications, including the bail request.

However, the anti-graft agency had on March 27, 2026, released him on compassionate grounds following the death of his mother, Hajiya Ummar El-Rufai, in Cairo, Egypt.

In a related development, the former governor was earlier on Tuesday arraigned before a Kaduna State High Court sitting in Kawo on separate charges.

At the State High Court, he was docked alongside one Amadu Sule on allegations ranging from abuse of office and fraud to intent to commit fraud and conferring undue advantage.

The charges, also filed by the anti-corruption commission, are separate from those before the Federal High Court.

After the proceedings at the State High Court, the commission moved El-Rufai to the Federal High Court within the same premises for continuation of proceedings.

With the adjournment, the hearing of the bail application is expected to resume on Wednesday.

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Araraume Felicitates President Tinubu on his birthday. Hails his Reform Agenda and National Milestones

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Senator Ifeanyi Araraume has congratulated President Bola Ahmed Tinubu on the occasion of his birthday, praising the President’s leadership style and the series of reforms that have shaped the direction of the country since he assumed office.

In a statement issued on Saturday, Araraume described President Tinubu as “a courageous reformer whose decisions continue to redefine Nigeria’s economic and governance landscape.” He noted that the President’s first year in office has been marked by bold policy choices aimed at stabilizing the economy and laying the groundwork for long term national development.

Araraume highlighted the removal of the petrol subsidy as one of the most significant economic decisions in recent decades, saying it demonstrated the President’s willingness to confront long‑standing structural challenges. According to him, the policy, though demanding, has redirected national resources toward infrastructure, social investment, and other critical sectors.

He also commended the administration’s unification of the foreign exchange market, describing it as a major step toward restoring investor confidence and strengthening Nigeria’s global competitiveness. The senator noted that the reforms have attracted renewed interest from international partners and signaled a commitment to transparent economic management.

Beyond economic restructuring, Araraume pointed to ongoing infrastructure expansion as evidence of the administration’s focus on national development. He cited the acceleration of key road projects, renewed efforts to expand rail connectivity, and the push to improve power generation and distribution as initiatives that reflect the President’s long term vision for a more productive Nigeria.

The senator further acknowledged the government’s interventions in agriculture, including support for mechanization and targeted programs aimed at boosting food security. He said these efforts are essential to reducing dependence on imports and strengthening local production.

On the diplomatic front, Araraume praised President Tinubu’s engagements across Africa and beyond, noting his role in strengthening regional cooperation within ECOWAS and advancing Nigeria’s interests on the global stage.

“As we celebrate this milestone, it is important to recognize the resilience and determination with which President Tinubu has approached the task of nation building,” Araraume said. “His commitment to reforms, economic stability, and democratic governance continues to inspire confidence in Nigeria’s future.”

He wished the President good health, renewed strength, and continued wisdom as he leads the country through what he described as “a defining period in Nigeria’s history.”

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Araraume Salutes Tinubu’s Vision, Lists Key Achievements on Birthday

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Senator Ifeanyi Araraume has congratulated President Bola Ahmed Tinubu on the occasion of his birthday, praising his leadership style and the series of reforms that have shaped the country’s direction since he assumed office.

In a statement issued on Saturday, Araraume described the President as “a courageous reformer whose decisions continue to redefine Nigeria’s economic and governance landscape.” He noted that Tinubu’s first year in office has been marked by bold policy choices aimed at stabilizing the economy and laying the groundwork for long-term national development.

Araraume highlighted the removal of the petrol subsidy as one of the most significant economic decisions in recent decades, saying it demonstrated the President’s willingness to confront long-standing structural challenges. According to him, the policy, though demanding, has redirected national resources toward infrastructure, social investment, and other critical sectors.

He also commended the administration’s unification of the foreign exchange market, describing it as a major step toward restoring investor confidence and strengthening Nigeria’s global competitiveness. The senator noted that the reforms have attracted renewed interest from international partners and signaled a commitment to transparent economic management.

Beyond economic restructuring, Araraume pointed to ongoing infrastructure expansion as evidence of the administration’s focus on national development. He cited the acceleration of key road projects, renewed efforts to expand rail connectivity, and the push to improve power generation and distribution as initiatives that reflect the President’s long-term vision for a more productive Nigeria.

The senator further acknowledged the government’s interventions in agriculture, including support for mechanization and targeted programmes aimed at boosting food security. He said these efforts are essential to reducing dependence on imports and strengthening local production.

On the diplomatic front, Araraume praised Tinubu’s engagements across Africa and beyond, noting his role in strengthening regional cooperation within ECOWAS and advancing Nigeria’s interests on the global stage.

“As we celebrate this milestone, it is important to recognise the resilience and determination with which President Tinubu has approached the task of nation-building,” Araraume said. “His commitment to reforms, economic stability, and democratic governance continues to inspire confidence in Nigeria’s future.”

He wished the President good health, renewed strength, and continued wisdom as he leads the country through what he described as “a defining period in Nigeria’s history.”

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