NEWS
Ponzi Scheme Operators Risk 10-year Jail Term

By Tony Obiechina, Abuja
The Chairman of the Investments and Securities Tribunal (IST), Amos Azi, has revealed that the government is now fully set to fight Ponzi schemes in the country with an imposition of a fine of N10 million against operators as contained in the newly enacted Investments and Securities Act.
Azi, who made this known in Abuja during a stakeholders’ engagement meeting towards unveiling of the Tribunal’s new e-filing platform, noted that the repealed 2007 Act did not provide for such sanctions against Ponzi scheme operators. He emphasized that the new provisions in the Act are expected to serve as a deterrent and help tackle the menace of illegal investment operators within the capital market.In addition to the sanctions, Azi highlighted other significant innovations introduced by the Act, which he said include the recognition of digital assets as securities, legal acknowledgment of cryptocurrency, and provisions for virtual service providers.He explained that these additions allow for the establishment of virtual exchanges and broaden the Tribunal’s jurisdiction to adjudicate disputes arising in these areas after passing through the complaint management framework.On the onboarding of the IST to the e-filing platform, Azi described it as a positive development that would enhance the investment climate in Nigeria.He stated that the initiative is poised to boost investor confidence and stimulate intentional capital investment in the country.However, Azi issued a note of caution, stating that once the e-filing system becomes fully operational, the physical filing of cases will no longer be allowed.He said the stakeholders’ meeting was convened to ensure that legal practitioners are adequately trained on the new system.Later in an interview, the Chairman of the Nigerian Bar Association (NBA), Gwagwalada Branch, Owhor Clever, appealed to the Tribunal to extend training opportunities to NBA members to ensure seamless court proceedings under the new system.The stakeholders’ engagement on e-filing and case management also featured online participation from Abuja, Port Harcourt, and Enugu.The Investments and Securities Tribunal is expected to go live with the e-filing platform, barring any changes, in July 2025.NEWS
Eight Niger LGAS at Risk of Flooding – NSEMA

From Dan Amasingha, Minna
Niger State Emergency Management Agency (NSEMA) has alerted the State that about Ninety communities in eight local government areas of the State will be affected by flood in the coming days.The warning is coming on the heels of the devastating effects of the Mokwa flood that claimed over 200 lives.
The Agency however has assured of a coordinated action plan to mitigate the effects of flood disaster on the likely victims from the eight local governments consisting of 90 communities. ”This identified Local Government Areas and communities are clarified under high risk between April and June this year in Niger state.The Agency Director General, Alhaji Abdullahi Baba Arah made this known at the NSEMA 2025 Flood Preparedness and Response Campaign Stakeholders Engagement with the theme: Building Resilience and Capacity for Flood Management held in Minna.Baba Arah who was represented by the Director, Relief and Rehabilitation, Garba Salisu added that between July and September 2025 about 105 communities from 17 local councils will experience very serious flooding while October and November 3 local governments consisting of 15 communities are likely to have a high risk of flooding in the state.Similarly, the DG noted that those local governments and communities prone to moderate flooding in this year include; 13 councils with 87 communities in April/June, 17 local governments with 87 communities in July/September while between October and November 11 local councils and 103 communities will be affected.He stressed that the stakeholder’s engagement is aimed at harmonizing all the action plans by each of the participants to ensure a centralized operation devoid of duplications, adding that over 700 persons have died in various boat mishaps from 2007 to date in the state.He further gave a sectorial effect of flooding this year in Niger state such as, 215 risk schools in education sector, 7 commercial centres, 180,000 hectares of land in agriculture sector, 6 roads and 3 bridges in transportation sector and over 100,000 population.The guest lecturer, Professor Isah Idris of FUT Minna on the topic; Roles of Stakeholders in Disaster and Risk Management, advised that the resolutions reached on the Action Plan will go a long way in assisting to mitigate future occurrence of flood in Niger state.NEWS
Niger Police Arrest Dismissed Soldier for Impersonation, Fraud

From Dan Amasingha, Minna
Niger State Police Command has busted a dismissed Soldier who led a POS robbing syndicate for impersonation and fraudulent activities in a renewed Crack down on criminality in the State.In a statement issued by Command Public Relations officer, Wasiu Abiodun yesterday said the Command is determined to rid the state of criminal elements.
”Niger State Police Command intensify efforts to curb crime and criminality in the State, the following arrests were recently recorded”He disclosed that on 27th May, 2025 at about 2:30pm, a case of criminal breach of trust, fraud and theft was referred for Police investigation from a magistrate court to Tudun-Wada Div, which was reported by three victims. According to him, on 12th May, 2025 at about 10am, a suspected soldier went to a POS shop around Musa Bello primary school, Bida and deceitfully collected #120,000 from the operator and escaped.He disclosed that, similarly on 23rd May, 2025 at about 9.30am, the same suspect dressed in military camouflage went to a POS attendant at Kataeregi, collected #300,000 and equally escaped, while on 29th May, 2025 at about 4pm, the same situation occurred at a POS point along Mandela road and N50,000 was taken from the victim.The Spokesman said In the course of the investigation, Police detectives of the Division with the aid of technical intelligence arrested one Michael Musa of Mandela road, Minna in connection with the case.During interrogation, the suspect who was arrested in military attire confessed to these incidents, and claimed that he was a soldier, but he was dismissed in 2022 in Benin, Edo State.Similarly, on 26th May, 2025 around 7pm, a report was received at Maje Div that one Ibrahim Sheriff 18yrs of Kuki village Dutsenma, Katsina State and Hamisu Dalhatu 25yrs of Furakirke Sokoto State, both residing in Maje conspired and threatened one Samaila on phone to be kidnapped or pay thirty million naira ransom.The two suspects were trailed with the aid of technical intelligence and they were arrested.”The exhibits recovered include the phone and the SIM card used in making the threat calls. The case is also under investigation.NEWS
Bago Grants State Pardon to 11 Persons Sentenced to Death

From Dan Amasingha, MinnaNiger State Governor, Umaru Bago has granted unconditional State pardon to 11 persons sentenced to death by a Minna High court over a communal clash in Lavun local government areas.State Attorney General and Commissioner of Justice, Nasiru Muhammad Muazu announced the pardon in a press briefing at Government house yesterday.
He disclosed that, the Governor exercising his power as contained in section 212 (1) of the 1999 constitution as amended decided to grant the convicts state pardon. He said the gesture followed a plea made by the convicts to the State Governor and the office of the Attorney General which forwarded to the State Advisory council on the prerogative of mercy.”After the review by the advice of the council on prerogative of mercy in the state, the Governor decided to grant the pardon on the 28th of May, 2025″He said the Governor decided to act by bringing lasting peace to the lingering communal clashes between Gaba and Anfani communities in Lavun local government area of Niger State.According to the Attorney General and Commissioner of Justice the Governor had held a series of peace building meetings with the two warring communities before the pardon was granted.”Promises were made by the Governor to both communities to find a lasting solution to the perennial clash, but I can’t disclose the details.”The Eleven pardoned convicts are Mohammed Mohammed, Ndana Alhaji Sheshi, Isah Baba Madu, Mohammed Mohammed Nda Bida, Abubakar Baba Salihu, and Baba Mohammed Shaba.Other beneficiaries are Adamu Mohammed Baba, Haruna Muhammed, Isah Mohammed Alhaji inuwa, Ibrahim Mohammed and Mohammed Isah.A Minna High court on the 8th February 2022 sentenced eleven members of Anfani community to death by hanging for culpable homicide as a result of a communal clash between Gaba and Anfani communities since 2018.