News
2 kidnapped Kogi varsity students killed
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The police command in Kogi on Sunday confirmed the killing of two of the abducted students of Confluence University of Science and Technology (CUSTECH),Osara.
The State Police Commissioner, Mr Bethrand Onuoha, said this when he spoke with the News Agency of Nigeria (NAN) in Lokoja.
Onuoha described the killing by their abductors as very unfortunate.
The CP did not however, gave the details of the killing, said that the security operatives were on the trail of the abductors to bring them to book.
NAN reports that abductors invaded the school around 9.00 p m., on May 9 while the students were studying in their classes ahead of their examinations slated for May 13 and abducted some students, after shooting sporadically into the air.
Although security agencies had rescued 21 of the abducted students with the help of local hunters, a few were still in the hands of the abductors.
Meanwhile, a Non-Governmental Organization (NGO), Education For All (E4A), had condemned the killing of two student in spite of ongoing negotiations with the parents to pay ransom for their release.
Malam Nasir Ibrahim, the Publicity Secretary of the NGO said this in a statement in Lokoja.
Ibrahim described the killing as the height of callousness.
He said that the intent of the kidnappers was to scare young people from going to school, which was unfortunate.
“It is sad that the criminals killed two of the students who were not among the 21 rescued through the operation coordinated by the Kogi Government.
“Although the circumstances of their kidnap and being traced to a forest in Kwara State by security agencies are yet to be ascertained. This is sad, callous and a call for collective action against attackers of educational institutions.
“We are aware that parents of the students were negotiating with the kidnappers which slowed down the offensive on the kidnappers by security agencies so as not to endanger the lives of the captives.
“We were very hopeful and optimistic that they will be released at the end of the negotiations,” he said.
Ibrahim added:“Information reaching us shows that the students allegedly killed were James Michael Anajuwe, a 100 level Information Technology student and Musa Hussein, a 100 level Software Engineering student of the University.
“They were allegedly killed at the kidnappers’ hideout in Kwara.
“We are broken and shattered that despite the efforts of the parents, NGOs and the State Government, we still lost these promising students.”
He called on the Kogi government to work with its Kwara counterpart to take a decisive action against the perpetrators who were said to be hiding in a forest in Kwara, very close to Kogi and Ekiti States.
He commiserated with the families of the lost children, urging the NSA and the Federal Ministry of Education to reinvigorate efforts on the Safe School Initiative.
“The painful loss of the two students should provoke the office of the National Security Adviser to work with the Federal Ministry of Education to ensure the safety of our schools across the country.
“It is unacceptable to lose children whose only offence was embracing education. Our nation must rise to the occasion to arrest the rising insecurity across the country, ” he said. (NAN)
News
Dangote Refinery Slashes Petrol Price To N825
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By Abubakar Yunusa
Dangote Petroleum Refinery has slashed its ex-depot price of premium motor spirit (PMS), also known as petrol, to N825.
Esan Sunday, head of media relations and branding communications at Dangote Group, announced the reduction in a statement on Wednesday.
The development comes more than three weeks after the refinery reduced petrol price from N950 per litre to N890.
The new price means that the refinery has significantly cut the ex-depot price by N125 from N950 per litre in January.
“This recent price reduction will also ensure that Nigerians pay between N860 and N865 per litre for petrol at the pump in Lagos,” the statement reads.
“This strategic price adjustment is designed to provide essential relief to Nigerians in celebration of the Ramadan season, while also supporting President Bola Ahmed Tinubu’s economic recovery policy by alleviating the financial burden on the Nigerian populace.
“It is important to note that Dangote Petroleum Refinery has consistently lowered the prices of petrol and other refined petroleum products to the benefit of Nigerians.
“This marks the second reduction of PMS prices in February 2025, following a previous decrease of N60 earlier in the month.
“Additionally, in December 2024, during the yuletide period, the refinery reduced the price of PMS by N70.50, from N970 to N899.50 per litre, as part of its commitment to easing the cost of living and providing relief to Nigerians during the holiday season.”
The oil firm refinery also said previous reductions have positively impacted the overall cost of living, benefiting various sectors of the economy.
Dangote refinery added that its high-quality products, which have become a favourite in both domestic and international markets, will remain available nationwide, particularly through its key partners — MRS Holdings, AP (Ardova Petroleum), and Heyden — at market-friendly rates.
The organisation assured the public of a consistent supply of petroleum products, with sufficient reserves to meet domestic demand and a surplus for export, thereby boosting the country’s foreign exchange (FX) earnings.
The refinery also called on marketers to support the initiative, ensuring that Nigerians remain the primary beneficiaries of its effort
News
I Inherited N8bn Debt In APC – Ganduje
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Abdullahi Ganduje, the national chairman of the All Progressives Congress (APC), says the ruling party had a debt of N8.9 billion when he assumed office.
Ganduje took over from Abdullahi Adamu, who was the national chairman of the APC until his resignation in July 2023.
Speaking during the APC’s NEC meeting in Abuja on Wednesday, the former Kano governor said the expenses were incurred during pre-election legal battles, election cases, and appeals for legislative, governorship, and presidential elections.
“The current NWC inherited debts and legal liabilities to the total tune of N8,987,874,663, arising from various legal engagements,” Ganduje said.
However, the APC chairman said Kareem Kana, the national legal adviser, has been working to reduce the debt burden.
“We still passionately appeal to the national executive committee to intervene accordingly,” he said.
Earlier today, the chairman said the party is making efforts to mend internal divisions and bring aggrieved members back into the fold.
Ganduje explained that the APC had initiated high-level discussions among party leaders and stakeholders to address lingering disagreements and strengthen party unity.
National
Alleged N1.3bn Fraud: EFCC Arraigns P-Square’s Ex-Manager
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The Economic and Financial Crimes Commission (EFCC) has arraigned Jude Okoye, the elder brother and former manager of Paul and Peter Okoye of the defunct music group, P-Square, on charges of laundering ₦1.38billion, $ 1 million and £34,537.59.
Jude was arraigned alongside his company, Northside Music Ltd, before Justice Alexander Owoeye of the Federal High Court, Lagos, on a seven-count charge
One of the counts read: “That you, Jude Okoye Chigozie and Northside Music Ltd sometime in 2022, in Lagos, within the jurisdiction of this Honourable Court, did directly acquire a landed property known as No 5, Tony Eromosele Street Parkview Estate, Ikoyi, Lagos worth ₦850,000,000.00 (Eight hundred and fifty million naira) only, which money you knew or reasonably ought to have known forms part of proceeds of unlawful act and thereby committed an offence contrary to Section 18 (2) (d) and punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”
Another count read: “That you, Jude Okoye Chigozie and Northside Music Ltd sometime in 2022, in Lagos, within the jurisdiction of this Honourable Court, did indirectly using bureau de change convert the sum of $1,019,762.87 (One million nineteen thousand, seven hundred and six-two dollars eighty-seven cents), domiciled in Access Bank Plc operated by Northside Music Lid to the naira equivalent and remitted into various bank accounts with the intention of concealing that the said fund form part of the proceeds of an unlawful act and thereby committed an offence contrary to Section 18 (2)(a) and punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”
He pleaded “not guilty” to the charges.
In view of his plea, the prosecution counsel, Larry Peters Aso, applied for a date for hearing as well as for the remand of the defendant in the correctional facility pending trial.
The defendant’s counsel, Inibehe Effiong, informed the court of a pending bail application. He asked for a short date for the hearing. Effiong also asked that the defendant be remanded in the EFCC’s custody pending the hearing of the application.
Aso objected to the request for the defendant to be remanded in the EFCC custody. He argued that the EFCC custody was already congested with suspects awaiting arraignment. He urged the court to remand the defendant to the correctional facility since he had taken his plea.
Justice Owoeye adjourned the matter till February 28 for bail hearing and April 14 for trial.
He also ordered that the defendant be remanded in the Ikoyi correctional facility.