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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.

 

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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Nigeria Moves Toward Electricity Tariff Increase-Adelabu

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Minister of Power, Adebayo Adelabu, has said that the country’s economy can no longer afford to maintain electricity subsidies. He advised Nigerians to prepare for the introduction of tariffs that reflect the true costs of electricity.

At a meeting with the Chairmen of Nigeria’s Generating Companies in Abuja, Adelabu emphasized that, “We have to understand that our economy cannot sustain subsidies indefinitely.”

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He, nonetheless, emphasized the government’s commitment to offering targeted subsidies to support economically disadvantaged Nigerians.

The Federal Government presently has an outstanding debt exceeding N4 trillion owed to Generating Companies (Gencos) for overdue subsidy payments.

In its performance report for February, the Nigerian Electricity Regulatory Commission (NERC) indicated that the average real tariff stands at N116.18 per kilowatt-hour, whereas consumers are charged N88.2 per kilowatt-hour.

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Cover Story :Maternal Mortality Rate in Nigeria A Rising Concern

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Due to rising cases of maternal mortality in Nigeria and its causes Nigerian Tracker’s Yusuf Danjuma Yunusa takes a look and files in this report

Maternal Mortality Rate (MMR)–the rate of deaths that occur due to complications from pregnancy or childbirth–is a pressing issue that demands urgent attention.

Research has shown that Nigeria is one of the top three African countries with the highest recorded cases of MMR. In 2023, the World Health Organization (WHO) reported that South Sudan and Chad had the highest MMR rates, with Nigeria ranking third.

The rise in maternal mortality is most prevalent in rural areas of the country. Between 2008 and 2018, states in the Northeastern and Northwestern regions recorded higher numbers compared to those in the Southeastern and Southwestern parts.

Furthermore, the Federal Ministry of Health recorded that between 2019 and 2022, out of the 36 states in Nigeria, only 15–16 actively participated in post-natal care. The postpartum period accounts for 27% of maternal mortality cases.

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In response, the federal government, through the Ministry of Health and in collaboration with the Sustainable Development Goals (SDG 3.1), launched the National Strategic Health Development Plan II. By 2030, the plan aims to reduce Nigeria’s maternal mortality rate to no more than 70 deaths per 100,000 live births.

Healthcare is Dead in Rural Areas”—Dr. Nurudeen Mustapha Speaks on Causes of MMR

Dr. Nurudeen Mustapha, a medical doctor at the maternity ward of Ahmadu Bello University Medical Centre, highlights the gravity of the situation.

 

Dr Nuraddin Mustapha ,Medical expert

Dr Nuraddin Mustapha ,Medical expert

“Maternal Mortality, as defined by the World Health Organization, refers to the deaths of women due to complications from pregnancy or childbirth—either during delivery or up to 48 days postpartum. In Nigeria, for every 22 women who give birth, one dies. This contrasts sharply with developed countries, where maternal deaths occur only after thousands of births.”*

Dr. Mustapha attributes Nigeria’s high MMR to multiple factors, with marginalization of rural communities being a significant contributor.

“Access to proper healthcare is nearly impossible for people living in rural areas. As a result, they resort to self-administered healthcare, often performed by untrained individuals pretending to be midwives. This leads to complications, including severe hemorrhaging during childbirth—one of the major causes of maternal death.”

Illegal abortion is another contributing factor.

*”Unwanted pregnancies are rampant in our society. Many young girls under the age of 15 get pregnant, and in an attempt to terminate their pregnancies, they succumb to fatal complications.”

Additionally, hypertensive disorders and pulmonary edema—excessive fluid buildup in the lungs—are serious contributors to maternal deaths.

“Women with severe hypertension, particularly those over the age of 35, face heightened risks. Their cases often result in respiratory failure, leading to mortality.”

“Government Negligence Fuels Illegal Healthcare Practices”—Dr. Mustapha Criticizes Unregulated Hospitals.

When asked about the recent deaths at Afolmi Hospital in Durumi, Abuja, Dr. Mustapha did not hold back.

 

“This tragedy could have been avoided if the government actively enforced policies regulating healthcare facilities. Many illegal hospitals operate without consequences, allowing untrained staff to perform life-threatening procedures. Corruption is a major impediment to effective enforcement.”

On April 27, 2025, reports surfaced that Afolmi Hospital, along with staff member Murtala Jumma, was implicated in the deaths of two women due to childbirth complications. Jumma was reportedly responsible for a failed cesarean section that led to one of the fatalities.

The Path Forward: Experts Urge Government Intervention

According to Dr. Mustapha, improving maternal health in Nigeria requires strategic actions.

“Pregnant women should maintain a healthy diet and attend antenatal appointments regularly to monitor both their health and that of their baby. Family planning is also crucial, as excessive childbirth increases the risk of cervical tears, contributing to maternal mortality.”

 

 

Government intervention is equally vital.

Authorities must ensure that rural communities have access to quality healthcare facilities. In urban areas, medical personnel should receive fair remuneration to discourage them from leaving the country. Unregistered hospitals operating illegally must be shut down, and violators should face severe penalties.”

Maternal mortality remains a critical issue in Nigeria, especially in rural regions where healthcare is virtually non-existent. Without immediate action, the country faces severe economic consequences due to dwindling manpower and reduced contributions to the Gross Domestic Product (GDP).

Regulating abortion, enforcing hospital standards, improving healthcare infrastructure, and retaining medical professionals through better compensation could drastically reduce Nigeria’s MMR rate and safeguard the lives of thousands of women.

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Peter Obi Condemns Allegations Against Seyi Tinubu, Calls for Justice

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Former presidential candidate of the Labour Party, Peter Obi, has expressed deep concern over the recent allegations leveled against Seyi Tinubu, son of President Bola Tinubu. The accusations, made by Atiku Abubakar Isah, the factional president of the National Association of Nigerian Students (NANS), have sparked widespread debate and raised critical questions about the state of student leadership and democracy in Nigeria.

According to reports, Isah alleged that Seyi Tinubu abducted and tortured him after he refused to accept a bribe purportedly offered to him[ The student leader further claimed that Tinubu’s son attempted to disrupt the inauguration of the NANS leadership in Abuja, using thugs to disperse the gathering

 

These allegations have ignited discussions about the independence of student leadership and the broader implications for Nigeria’s democratic values.

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Reacting to the controversy, Peter Obi described the allegations as “troubling”, emphasizing that if proven true, they would signify a dangerous erosion of young voices in the country’s political landscape

He stressed that Nigerian youth should not be coerced, silenced, or forced into political agendas that do not reflect their will.

**“The oppression of young voices, whether through force, patronage, or intimidation, is a dangerous path that we must not normalize,”Obi stated. He further called for a return to a Nigeria where justice is done and seen to be done, where youth can speak freely, and where institutions act responsibly

Meanwhile, Seyi Tinubu has strongly denied the allegations, dismissing them as false and defamatory.

In a statement posted on his social media, he refuted claims that he had ever met Isah or orchestrated any attack against him. **“I have never held a meeting to discuss any subject matter with Comrade Isah in Lagos or anywhere else in the world,”** Tinubu stated, adding that the accusations were entirely fictional.

As the controversy unfolds, Nigerians await further developments, with calls for a thorough investigation into the matter. The allegations have intensified discussions on the role of student leadership in Nigeria and the influence of political figures on youth organizations.

 

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