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Court Jails Man Four Years for Refusal to Accept Naira As Legal Tender

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Justice Alexander Owoeye of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, April 15, 2025, convicted and sentenced one Uzondu Precious Chimaobi to four years imprisonment for his refusal to accept the Naira as a legal tender.

 

Chimaobi was arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, Awolowo Road, Ikoyi, Lagos, on February 5, 2025 on a two-count charge bordering on refusal to accept the Naira as a legal tender.

 

One of the counts reads: “That you, Precious Chimaobi Uzondu, on the 10th of December 2024, in Lagos, within the jurisdiction of this Honourable Court, refused to accept Naira (Nigeria legal tender) by accepting the sum of $5700 ( Five Thousand Seven Hundred USD) as a means of payment for a purchase of a cartier diamond bracelet with serial number (12345678) and you, thereby , committed an offence contrary to Section 20 of the Central Bank of Nigeria Act, 2007.”

 

He initially pleaded not guilty to the charge, leading to his full trial.

 

Subsequently, the prosecution presented its first witness, PW1, Owolabi Oyarekhua Jude, an operative of the EFCC.

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Led in evidence by the prosecution counsel, H.U. Kofarnaisa, Jude told the court that “the Commission received intelligence on the activities of a jewelry company called Unlimited Jewellers Limited, “whose owner is one Uzondu Precious Chimaobi.

 

“The Company, which deals in jewelry at Atlantic Mall, Chevron Drive, Lekki, Lagos intentionally tags and sells its products in Dollars as against the CBN Act, 2007 ,which stipulates Naira as the only legal tender in Nigeria.”

 

Continuing, he added that “ Subsequently, a covert operation was carried out , where an undercover operative of the Commission disguised as a customer to purchase a Diamond Nail bracelet that was tagged $6000 and bought it for $5700.

 

“The company refused to receive Naira and demanded Dollars as a means of payment. The payment was made and receipt was issued in Dollars . The owner of the company was arrested and taken to the Commission’s office.”

 

However, at the resumed sitting on April 14, 2025, the defendant opted to change his “not guilty” plea to “guilty.

 

Consequent upon his guilty plea, Kofarnaisa, prayed the court to rely on the evidence earlier given by the investigating officer, and admit the same in convicting the defendant.

 

Kofarnaisa, thereafter, tendered the defendant’s statement and other evidence to further prove his guilt and they were admitted by the court.

 

Justice Owoeye then adjourned till Tuesday, April 15, 2025 for ruling.

 

Delivering judgment, they found the defendant guilty and gave him an option of fine of N50,000( Fifty Thousand Naira) on count one.

 

The Judge sentenced him to four years imprisonment, with an option of fine in the sum of N600,000 on count two.

 

His Cartier Diamond wristwatch was ordered forfeited to the Federal Government of Nigeria.

 

The convict bagged his imprisonment when he refused to accept Naira by accepting the sum of $5700 ( Five Thousand Seven Hundred USD) as a means of payment for a purchase of a cartier diamond bracelet. He was charged to court and convicted.

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Kano Ranked 1st for Raising a Family: What Is It Telling Us?

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By Murtala Uba Mohammed PhD

Kano’s recent ranking as the number one city for safely raising a family has sparked widespread debate across social media, prompting renewed conversations about the city’s image and reputation. Many people, especially those who frequently encounter negative news about Kano, question whether the city truly deserves such recognition.

Indeed, Kano is often portrayed as a hotspot for crime, theft, political hooliganism, and social unrest. The outspoken nature of its people has also made the city less appealing to some observers. Yet, Kano is not just another city; it is a civilization in its own right, historically deep, socially vibrant, economically resilient, and culturally influential.

The high number of reported crimes in Kano should not automatically be used to label it as unsafe or undesirable. Rather, such visibility is partly a consequence of its large population, cosmopolitan character, and strong media presence. Compared to many cities in northern Nigeria and even across the wider Sahel region, Kano remains one of the most socially and economically active urban centres, naturally attracting greater public attention.

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Kano has long served as a safe haven for migrants, traders, workers, and entrepreneurs from across Nigeria and neighbouring countries. Ironically, many of the high-profile criminal incidents reported in the city involve non-indigenes residing in Kano. The viral case of the woman (whose origin is Zamfara State) allegedly killed by a Chinese national in Jan Bulo, the incident involving a woman from Sokoto and her husband in Naibawa, or the more recent killing of a trader in Sheka allegedly linked to an individual from rural Katsina State, all reflect the city’s openness and diversity rather than a uniquely “Kano” problem.

If anything, Kano’s ranking speaks to the resilience, adaptability, and dynamism of the city. Great cities, especially mega and emerging mega cities like Kano, naturally experience social shocks and pressures. Yet, despite these challenges, they continue to stand strong, recover, reinvent themselves, and outlive waves of criticism and negativity.

People may say many things about Kano, but very few can truly resist Kano. The city possesses a magnetic force rooted in its history, commerce, culture, and human energy. Kano is like a beautiful flowering lady — hardly does a healthy young or old man pass by without turning to admire her beauty.

Continue to shine, Kano, our dearest Kano. Hold the flag high, keep rising, and continue to inspire generations.Misliki ka alfin.

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Post-Primary Reconciliation: Atiku Visits Amaechi in ADC Unity Push

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By Yusuf Danjuma Yunusa

Former Vice President Atiku Abubakar visited former Rivers State Governor Rotimi Amaechi at his Abuja residence on Thursday, following the conclusion of the African Democratic Congress (ADC) presidential primaries.

He was accompanied by former Sokoto State Governor Aminu Tambuwal, former ADC National Chairman Ralph Nwosu, and other party chieftains.

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The visit comes amid political discussions and reactions surrounding the ADC primaries, in which both Atiku and Amaechi played prominent roles.

According to party sources, the meeting is part of ongoing consultations aimed at fostering unity within the ADC ahead of the 2027 general elections, following the party’s presidential primary.

As of the time of this report, details of the closed-door meeting had not been made public.

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Atiku Wins ADC Presidential Primary Amid Fraud Allegations by Rivals, Polls 1.8m Votes

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By Yusuf Danjuma Yunusa

Former Vice President Atiku Abubakar has emerged as the winner of the African Democratic Congress (ADC) presidential primary election, securing a commanding majority of the votes cast, according to official results announced by the party.

Mr Abubakar polled 1,846,370 votes out of a total of 2,527,977 votes cast, defeating his two main challengers: former Rivers State governor Rotimi Amaechi and businessman Mohammed Hayatudeen.

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Mr Amaechi finished a distant second with 504,117 votes, while Mr Hayatudeen came third with 177,120 votes.

However, the primary election was immediately mired in controversy, as both Mr Amaechi and Mr Hayatudeen rejected the outcome, alleging widespread electoral malpractice. The two candidates had earlier condemned the process even before the final results were announced.

The result positions Mr Abubakar as the ADC’s flag bearer for the upcoming presidential election, though the dispute over the credibility of the primary could foreshadow legal or internal party challenges in the days ahead.

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