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Reparations: We ‘ll seek legal redress if necessary – Nwoko

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Legal redress through international courts will be pursued if necessary, to ensure that justice is served and cultural artefacts stolen from Nigeria are repatriated

Chairman, Senate Committee on Reparations and Repatriations, Sen. Ned Nwoko (PDP-Delta), said this at the maiden meeting of the committee held in Abuja.

Nwoko said that the committee had been saddled with a significant mandate, which includes investigate historical wrongs done to communities and individuals across Nigeria and recommending appropriate reparations.

“Another critical aspect of our work is the repatriation of cultural artifacts that were stolen from Nigeria and are currently held in foreign countries.

“However where necessary, this committee will pursue legal redress through international courts to ensure justice is served.”

Stressing the need for inclusivity, the Nwoko said that the committee would collaborate with traditional rulers, civil society organisations, and international partners, including the United Nations and the African Union.

He also said that public hearings would soon be organised to engage stakeholders and outline the committee’s roadmap.

“Although the formation of this committee came late, but this is a call to service and I totally believe that we will not disappoint the Federal Republic of Nigeria,” Nwoko said.

The lawmaker expressed confidence that the committee would deliver on its mandate with significance and high level of success.

“It is on this note that I seek your unhindered cooperation and understanding as we navigate the water of this very important committee,” he added.

NAN reports that in October 2022, the Nigerian government reclaimed 31 stolen Benin Bronze models from three U.S. Museums after 125 years.

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The News Agency of Nigeria (NAN) reports that 29 Benin Bronze artifacts were returned by the Smithsonian National Museum of African Art, one from the National Gallery of Art, and another from the Rhode Island School of Design Museum.

NAN also reports that in November 2022, six artefacts looted by British troops 125 years ago from Benin City, were repatriated to their place of origin.

The objects, including two 16th-century Benin bronze plaques ransacked from the royal palace, were handed to Abba Tijani, the director-general of Nigeria’s National Commission for Museums and Monuments (NCMM), at a ceremony at the Horniman Museum in south London. (NAN)

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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.

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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

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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.

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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.”

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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.

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