News
Emefiele’s $2.045m, Properties Forfeiture: Court Sets November 1 for Final Ruling
Emefiele’s $2.045m, Properties Forfeiture: Court Sets November 1 for Final Ruling
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By Tobouke JEMINE
Lagos – The Federal High Court has fixed November 1, 2024, to deliver its judgment on the final forfeiture of $2.045 million, seven choice landed properties, and shares belonging to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele.
The Economic and Financial Crimes Commission (EFCC) had applied for the final forfeiture of the assets, which were temporarily seized following an interim forfeiture order granted on August 15, 2024.
At the resumed hearing on Friday, Rotimi Oyedepo (SAN), counsel for the EFCC, moved an application for the final forfeiture of the sum of $2.045 million and share certificates, stating that it was uncontested by the interested party.
However, Olalekan Ojo, counsel to Emefiele, opposed the application, urging the court to refuse the final forfeiture of the properties. He argued that the interested party had shown, on a balance of probability, that the court ought not to grant the final forfeiture.
Earlier, the court had dismissed Emefiele’s oral application to stay proceedings pending the hearing of his appeal before the Court of Appeal.
Justice Deinde Dipeolu held that an appeal flows from the decision of a trial court, but in this case, the court had not made any decision on the applications filed or the substantive issues in the suit.
The court also refused to stay further proceedings in the suit, noting that the interested parties had the right to approach the Court of Appeal, contingent on the trial court’s decision.
By: Divine Perezide
The Imo State Government has introduced a new education policy prohibiting graduation ceremonies for Kindergarten, Nursery, and JSS3 students, alongside a ban on the yearly replacement of textbooks.
According to a memo dated August 15, 2025, and signed by the Commissioner for Education, Prof. Bernard Ikegwuoha, only Primary 6 and Senior Secondary School 3 (SSS3) learners will now be allowed to hold graduation events-reflecting the structure of Nigeria’s 6-3-3-4 education model.
“The Ministry of Primary and Secondary Education is committed to providing quality and functional education to all students. Henceforth, graduation ceremonies and parties for Kindergarten, Nursery, and JSS3 students are hereby abolished,” the memo stated.
In a further move to ease the financial burden on parents and streamline academic consistency, the policy also mandates that approved textbooks must now be used for at least four years. This change is expected to allow siblings to reuse educational materials and prevent yearly replacement costs.
Violations-including frequent textbook changes or deviation from the approved list-are strongly discourage, The Guardian Nigeria reported in a related news.
Prof. Ikegwuoha emphasized in the directive that these reforms aim to reduce exploitative practices, foster learning continuity, and ensure focus remains on academic achievement rather than celebratory
By: Divine Perezide
Senate President Godswill Akpabio has arrived back in Nigeria following his participation at the Sixth World Conference of Speakers of Parliament in Geneva, Switzerland, and a short vacation in London. He touched down at the Nnamdi Azikiwe International Airport, Abuja, in the early hours of today, around 4 a.m.
In a statement upon arrival, Akpabio explained: “At about 4 a.m. this morning, I landed at the Nnamdi Azikiwe International Airport from London. While abroad, I attended the Sixth World Conference of Speakers of Parliament in Geneva from July 29 to 31, before proceeding to London for a brief vacation.”
Reaffirming his commitment to the Nigerian people, the Senate President assured that the legislature would resume with renewed energy. “Nigerians can expect vibrant legislative activities when we reconvene. Our delegation made a strong impression at the global parliamentary forum in Geneva. Together with the Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas, we ensured Nigeria’s voice was well represented,” he said.
Akpabio further pledged that the National Assembly would continue to pursue meaningful collaboration with the executive and judiciary to advance the collective interest of citizens.
News
Great Loss As Family Announces The Painful Passing Iduwini-borne Billionaire Prince, Presley Gere Iyalahga
By: Miracle Palakia
Odimodi, Delta State – The Iyalahga and Diepregha families, Odimodi, Aghoro, and the entire Iduwini Kingdom in Delta and Bayelsa States, breaks silence on the painful loss of their son, Prince Presley Isele Gere Iyalahga, Billionaire businessman and Chief Executive Officer of Preslyn Group of Companies, who passed away on Wednesday, July 30, 2025, at the age of 48.
Prince Presley was an illustrious son of two distinguished families: His Royal Majesty Gere J. Iyalagha, (Igbedikuru-II), the late Ibenanawei of Iduwini Kingdom, Burutu Local Government Area of Delta State, and the late Regent of Iduwini Kingdom (Delta & Bayelsa States), High Chief Diepregha Akpotelemor of Gberigberi-Idumu Quarters, Aghoro-I Community, Ekeremor Local Government Area of Bayelsa State.
The former President of the Iduwini National Youth Council for Peace and Development was a respected businessman and community leader, who’s untimely demise has thrown his family, friends, associates, community, and Kingdom into deep shock and sorrow. He’s survived by his beloved wife, Princess Preye Presley Iyalagha, and six children.
The families made known the development to newsmen on Saturday, August 16th, in a statement jointly signed by Mr. Oroupade Oweibe and George Diepregha for the families and his son, Prince Peremobowei Presley Iyalagha, for the children.
According to the statement, funeral rites will take place on Friday, August 29th, 2025. At 10 a.m., the body will depart Warri via Millar Jetty to his compound in Odimodi for a brief Funeral Service, lying in state, interment.
IduwiniVoice can report that Prince Presley Iyalagha’s passing marks not only the loss of a vibrant Royal entrepreneur but that of a leader in Iduwini Kingdom and Ijaw nation. His memory remains deeply cherished by the lives he touched and all who knew him.