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Alleged $1.9m fraud: Stakeholders defend Kano bizman on EFCC wanted list

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Stakeholders in Municipal Local Government area of Kano state have come out in defence of Dubai-based businessman, Auwalu Tijjani Rabi’u, who was recently declared wanted by the Economic and Financial Crime Commission, EFCC.

Recall that last month, the EFCC released a statement issued by its spokesman, Dele Oyewale, declaring Rabiu wanted in connection with a case of conspiracy, obtaining money by false pretence, and money laundering, amounting to $1,931,700.12.

Days after the statement, Rabi’u, an indigene of Dala Local Government in Kano, came out to ask EFCC to withdraw it or face litigation for damaging his reputation.

The 42-year old international businessman expressed surprised at the EFCC’s alleged twist of truth as he was allegedly cheated in a business transaction with one Ifeanyi Ezeokolu but the anti-graft agency portrayed him as fraudster.

In a statement by Abdullahi Ishak Badamasi an elder in Kano Municipal, on behalf of the stakeholders said they are firmly standing by Rabi’u as their son and a man of integrity.

In the statement, issued to journalists in Kano on Sunday, Alhaji Badamasi described Rabi’u as philanthropist, honest and transparent in all his dealings, reaffirming their support to him.

Narrating the incident that led to the Rabi’u’s travails, Alhaji Badamasi explained that in 2023, business transactions between him and Ezeokolu resulted in overpayment, totalling $3,219,250 to companies linked to him (Ezeokoli).

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According to Alhaji Badamasi, upon identifying the discrepancies, Rabi’u formally reported the matter to the Department of State Services (DSS) for impartial investigation, saying “it is an approach reflecting due diligence and good faith.”

He said the DSS, in the course of its investigation, engaged an independent audit firm, OA Consulting Ltd., to conduct a forensic audit.

“However, the process was hindered by Mr. Ezeokoli’s refusal to provide two key bank account records. Despite the limited access to financial data, the audit report revealed substantial overpayments.

“Rather than cooperating further or refunding the verified amounts, Mr. Ezeokoli escalated the matter to the Economic and Financial Crimes Commission (EFCC) a surprising move considering that the case is clearly a civil financial issue, not a criminal matter,” he said.

The elder wondered why the EFCC, after all the clear evidences and forensic analysis of the accounts of the both parties conducted by an independent auditor, turned blind to the truth and portrayed Rabi’u as fraudster.

He therefore said; ” No amount of misrepresentation of facts would portray our son as fraudster. We stand firmly by our son. We know him as a philanthropist, honest and man of integrity.

“We have to speak out because of we are silent, so we have failed him as our son.

“We believe he is innocent in this case. He overpaid in the transaction after he was literally dipped because the initial agreement of the transaction was to transfer dollars to 11 accounts to receive Naira from Ezeokolu.

“However, the Ezeokolu provided only 9 genuine accounts, living out brother losing almost $2 million. But despite this, our son is now wanted by EFCC. This is a sheer injustice and we would not condone it,” he said.

He therefore called on Kano state governor, Abba Kabir Yusuf and the Emir of Kano, Muhammadu Sanusi ko to intervene in the matter.

In the statement , the stakeholders also condemn what they said, the EFCC’s attempts to “mischaracterize ‘” Alhaji Auwalu as merely a “Kano businessman,” noting that such language appears calculated to damage not only his personal reputation but the image of Kano State and its peaceful business community.

” Rabi’u’s consistent reliance on lawful channels, transparency and respect for due process reflects his unwavering commitment to ethical business conduct,” he added.

Alhaji Badamasi also called on Mr. Ezeokoli to cooperate with relevant authorities, provide the outstanding financial records and uphold principles of fair commercial practice.

“This moment should not divide us,” the statement reads, “but reaffirm our shared commitment to truth, accountability and peaceful coexistence.”

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Amaechi Urges ADC to Zone Presidential Ticket to South, Cites Power Rotation Realities

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By Yusuf Danjuma Yunusa

Former Minister of Transportation Rotimi Amaechi has called on the African Democratic Congress (ADC) to zone its presidential ticket to the South ahead of the next general election, warning that fielding a northern candidate could undermine the party’s appeal in the region.

Speaking in Kano during an interactive session with youth groups, Amaechi advised the ADC leadership to carefully consider Nigeria’s unwieldy but established practice of power rotation. He argued that presenting a northern flag bearer at a time when many southerners expect the presidency to remain in the South would make it difficult to galvanise voter support.

“If you elect somebody from the North, I’m not saying we won’t campaign, but it will be difficult to convince the South to give up power,” Amaechi said. “They will ask the North, ‘Why is it that only when power comes to the South that there is a problem?’”

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The former Rivers State governor outlined three critical factors the party must weigh in selecting its candidate: capacity, age, and the prevailing political dynamics—particularly the unwritten understanding that power should rotate to the South.

“First is capacity. Second is age. Third, which is the last point, is to respect the unwritten law of power that is now in the South,” he stated.

Amaechi suggested that a clear zoning decision in favour of the South would ease the path for southern politicians and voters to rally behind the ADC. He further noted that such a move could set the stage for a future transfer of power to the North.

“They should conclude that and then transfer power to the North,” he said. “It makes it easier for those of us from the South to say we are going to compete because the North has said, ‘finish all this.’”

Despite his firm stance on zoning, Amaechi reaffirmed his loyalty to the ADC, emphasising that regional considerations would not influence his commitment to the party. He pledged to support whoever emerges as the standard bearer through the primary process.

“Whether it is a Southerner or a Northerner is immaterial; I will support whoever emerges at the primary,” he said. “But I also advise the ADC to look around and identify the best material that can convince Nigerians that things will be turned around.”

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Fayose Alleges Makinde/Atiku Deal on ADC Ticket Ahead of 2027

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By Yusuf Danjuma Yunusa

Former Ekiti State Governor, Ayodele Fayose, has alleged that Oyo State Governor, Seyi Makinde, has agreed to defect from the Peoples Democratic Party (PDP) to the African Democratic Congress (ADC) on the condition that he emerges as the party’s vice-presidential candidate to former Vice President Atiku Abubakar in the 2027 general elections.

Fayose made the claims in a statement titled “Between Atiku and Makinde, Untold Story of What Happened in Minna Yesterday,” posted on his verified X (formerly Twitter) account on Wednesday.

According to him, Makinde met with Atiku in Minna, Niger State, on Tuesday in what he described as a carefully choreographed meeting designed to ensure “confidence and acceptability,” with selected personalities in attendance.

“It is no longer news that the Governor of Oyo State, Seyi Makinde, went to Minna, Niger State, yesterday to hold a meeting with former Vice President Atiku Abubakar,” Fayose wrote.

“Here is what happened behind the curtains. Venue and personalities involved in the meeting were carefully chosen so as to ensure confidence and acceptability.”

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Fayose alleged that Makinde agreed to join the ADC on the understanding that he would secure the vice-presidential ticket as Atiku’s running mate, subject to ratification by Atiku’s inner caucus.

He further claimed that discussions at the meeting took into account the possibility that the Labour Party’s 2023 presidential candidate, Peter Obi, might neither accept a vice-presidential slot nor be considered widely acceptable in the North as Atiku’s political successor.

“Consideration was given to the fact that Peter Obi will not accept to be Atiku’s running mate and he won’t also be acceptable to the North, as Atiku’s successor,” Fayose stated.

The former governor also alleged that Makinde offered an initial contribution of N10 billion—payable in two tranches—to support what he described as the “proper take-off” of the ADC, with additional funds to be made available at the commencement of campaigns.

According to Fayose, Atiku is “70 per cent certain” of clinching the ADC presidential ticket, having allegedly influenced the party’s decision not to zone its presidential slot.

He further claimed that Makinde pledged to mobilise delegates from the South-West during the party’s primaries and leverage his wife’s Rivers State roots to garner support in the South-South. Fayose alleged that Makinde argued that his candidacy could split South-West votes in the general election to the ADC’s advantage.

Fayose added that a follow-up meeting between key figures was scheduled to hold in Dubai, United Arab Emirates, within the next two weeks.

Atiku and Makinde on Tuesday held a closed-door meeting with former Military President, General Ibrahim Badamasi Babangida (retd.), at his residence in Minna.

Speaking with journalists after the meeting, Atiku reportedly said his visit was aimed at strengthening the ADC’s structures in Niger State and paying a courtesy call on Gen. Babangida. He maintained that the meeting was not related to the 2027 presidential election, stating that his current engagements were focused on electoral reforms, particularly the push for real-time electronic transmission of results.

As of the time of filing this report, neither Governor Makinde nor the ADC had publicly responded to Fayose’s allegations.

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Elrufai Hints at his Possible Arrest

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By Yusuf Danjuma Yunusa

Former Governor of Kaduna State, Malam Nasir El-Rufai, has raised concerns over an alleged plan by security agencies to arrest him. El-Rufai, now a chieftain of the opposition African Democratic Congress (ADC), disclosed this in an interview with the BBC Hausa Service.

While stating that he has not yet been taken into custody, El-Rufai revealed that at least four of his former aides and associates from his time in office have already been detained. He expressed fears that his own arrest may be imminent.

“About four people we worked with in Kaduna have been arrested. So, it may only be a matter of time before they come for me as well,” he said.

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El-Rufai’s remarks come amid heightened public interest in the legal troubles of Abubakar Malami, Nigeria’s former Attorney-General and Minister of Justice. Malami, who is perceived as a key opposition figure critical of President Bola Tinubu, was recently arrested and prosecuted.

He was initially detained by the Economic and Financial Crimes Commission (EFCC) over allegations of abuse of office and money laundering. Shortly after, he was re-arrested by the Department of State Services (DSS) on separate charges related to terrorism financing.

Malami has denied all allegations leveled against him. His case continues to draw widespread attention as legal proceedings unfold.

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