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JUST IN: Former Attorney General Malami Faces 16 Charges Over N212.8 Billion Property Portfolio

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By Yusuf Danjuma Yunusa

Fresh documents have emerged revealing that Nigeria’s former Attorney General of the Federation and Minister of Justice, Abubakar Malami, is set to face “16 count charges” in connection with an ongoing investigation into alleged fraud, with “30 properties valued at N212.8b to be accounted for.”

The documents, as sighted by the Nigerian Tracker News on Wednesday afternoon, titled “APPROXIMATE PROPERTY VALUING” and “ABUBAKAR MALAMI IDENTIFIED PROPERTIES,” detail a vast portfolio of assets across Kebbi State, Kano State, and the Federal Capital Territory, Abuja.

According to the documents, the identified properties are spread across Kebbi State, Kano State and the Federal Capital Territory (FCT), Abuja, with a combined valuation put at “N212,892,750,000.00.”

Kebbi Properties

Kebbi State accounts for the bulk of the listed assets, with two separate collections valued at “N162,195,950,000.00.”

Among the major properties are Rayhaan University Permanent Site valued at N56,000,000,000.00, Rayhaan University Temporary Site valued at N37,800,000,000.00, and Rayhaan University Third Site, alongside a Rayhaan University Vice Chancellor House valued at N490,000,000.00.

Also listed are Rayhaan Agro Allied Factory buildings valued at N4,200,000,000.00, factory machines and plants valued at N10,500,000,000.00, a factory mosque valued at N2,450,000,000.00, and Rayhaan Mill Staff Quarters valued at N1,487,500,000.00.

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The document further lists Rayhaan Bustan Building valued at N3,150,000,000.00, Azbir Hotel valued at N10,325,000,000.00, a printing press valued at N1,050,000,000.00, a gallery valued at N581,000,000.00, gardens valued at N392,000,000.00, and a mosque valued at N252,000,000.00.

Commercial ventures such as Azbir Clothing valued at N350,000,000.00 and Azbir Pharmacy and Supermarket valued at N175,000,000.00 are also included.

The first collection of Kebbi properties alone totals “N131,652,500,000.00.”

A second collection lists additional Kebbi assets including Al-Afiya Energy Tanker Garage valued at N2,450,000,000.00, Rayhaan Model Academy valued at N11,200,000,000.00, Rayhaan Primary and Secondary School valued at N8,750,000,000.00, Rayhaan Security House valued at N245,700,000.00, Rayhaan Radio valued at N78,750,000.00, and an uncompleted three-storey complex valued at N665,000,000.00.

Residential properties listed include Malami House GRA, Malami House Behind Mobil, a residence behind cemetery, Abdulaziz (First Son House) valued at N1,659,000,000.00, and Ahbiru (Second Son House) valued at N2,989,000,000.00.

This second Kebbi collection is valued at “N30,543,450,000.00.”

Kano Properties

In Kano State, the document lists properties with a combined estimated value of “N16,011,800,000.00.”

These include Zeennoor Hotel valued at N11,200,000,000.00, Zeennoor Mosque valued at N84,000,000.00, an old Zeennoor Hotel building valued at N280,000,000.00, Rayhaan Hotel Kano valued at N2,240,000,000.00, Rayhaan Gym Kano valued at N1,225,000,000.00, and a residential property described as “Wife’s House Ahmadu Bello Way Kano” valued at N982,800,000.00.

Abuja Properties

In the Federal Capital Territory, Abuja, the listed assets are valued at “N34,685,000,000.00.”

They include a “Duplex at Amazon Street Maitama valued at N5,950,000,000.00,” Meethaq Hotel Jabi Branch valued at N8,400,000,000.00, Meethaq Hotel Maitama Branch valued at N12,950,000,000.00, two units of bungalow at Efab Estate valued at N385,000,000.00, and Harmonia Hotels Area 11 Garki valued at N7,000,000,000.00.

A summary section of the documents puts the total valuation of the properties at “N212,892,750,000.00,” broken down as Kebbi State properties valued at N162,195,950,000.00, Kano State properties valued at N16,011,800,000.00, and FCT Abuja properties valued at N34,685,000,000.00.

The documents provide a detailed picture of the vast assets now under scrutiny as the former Attorney General prepares to answer to multiple charges linked to alleged fraud.

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NANS-RN Disowns Alleged ‘President’, Warns Public Against Impostor

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The recognised leadership of the National Association of Nigerian Students, Republic of Niger Chapter (NANS-RN), has distanced itself from one Abubakar Muhammad Uwaisu, accusing him of falsely parading himself as the “National President” of the association.
In a press disclaimer issued by the association’s Secretary General, Comrade Mustapha Y. Haruna, the group described Uwaisu’s claim as “false, baseless, and a deliberate act of impersonation and misrepresentation.”

The association stated that Uwaisu “is not, and has never been” its president, urging the public, media organisations, government agencies, and diplomatic stakeholders to disregard any statements or representations made by him in that capacity.

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NANS-RN further alleged that Uwaisu lacks the qualifications and institutional backing required to assume any leadership role within the body, noting that leadership within the association is based on due process, legitimacy, and the confidence of its members.

The statement also raised concerns about alleged conduct attributed to Uwaisu, including remarks directed at Musa S. Mamman, Secretary General of the Nigeria–Niger Joint Commission, whom the association described as a respected diplomat with a record of national service.

The association cautioned key institutions such as the National Youth Service Corps and the Federal Ministry of Education against engaging with Uwaisu under any official pretence, emphasising that he does not represent Nigerian students in the Republic of Niger.

Reaffirming its commitment to protecting the integrity and unity of the student body, the leadership said it would pursue all lawful measures to safeguard the association’s image.

It also urged stakeholders to verify official communications through recognised NANS-RN channels to avoid being misled.

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UAE to Withdraw from OPEC Effective May 1, 2026

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By Yusuf Danjuma Yunusa

The United Arab Emirates (UAE) announced on Tuesday that it will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance, effective May 1, 2026.

The decision, reported by a Dubai-based local media outlet, stems from the UAE’s long-term strategic and economic vision as its energy profile evolves. This includes accelerated investments in domestic energy production, following a comprehensive review of the country’s current and future production capacity, as well as its overall output policy.

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“This would be based on the UAE’s national interest and commitment to contributing effectively to meeting the market’s pressing needs,” the report added.

The UAE stated that it will continue to act as a responsible and reliable energy supplier, bringing additional production to the market gradually and measuredly, in line with demand and market conditions.

The Emirates also reaffirmed its commitment to investing across the entire energy value chain—including oil and gas, renewables, and low-carbon solutions—and to working with partners to ensure stable global supply.

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Abe Resumes as NUPRC Board Chairman, Pledges Improved Leadership

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By Yusuf Danjuma Yunusa

Senator Magnus Abe officially resumed as Chairman of the Board of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) today, vowing to enhance the regulatory body’s capacity to fulfill its statutory mandate.

Speaking at the Commission’s headquarters shortly after his inauguration, Abe promised to provide stronger leadership and oversight while also committing to securing a more befitting office for the NUPRC to maximize staff productivity.

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“I want to assure management that we are here strategically to work with you and see that, as much as possible, we work together to uplift the Commission and to help our country,” Abe said.

The Chairman emphasized that the board’s core purpose is to deliver better leadership and oversight to the regulatory agency.

In her remarks, NUPRC Commission Chief Executive Mrs. Oritsemeyiwa Eyesan congratulated the new board members, noting that the Commission depends on them for direction in line with the Petroleum Industry Act.

Eyesan described the inauguration as coming at a “most auspicious moment,” particularly amid the current spike in oil and gas prices triggered by the ongoing Middle East crisis.

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