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    CREATIVE SECTOR: Strong tech-driven growth

    Deejays disown report of Burna Boy’s music ban

    Deejays disown report of Burna Boy’s music ban

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    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

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    Spotify streams fetch Nigerian artistes N60b in 2025

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

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    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

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    UNIBEN launches N100b trust fund, attracts billions in cash, projects

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    Sahara Group advances Energy Journalism in Africa with $5000 Fellowship

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    Nigeria:  Abducted Oyo schoolchildren, teachers rescued by security forces

    Sanwo-Olu hails rescue of abducted Oyo schoolchildren, teachers

    Nigeria:  Abducted Oyo schoolchildren, teachers rescued by security forces

    Gov Abiodun hails Tinubu’s leadership on release of Oriire kidnap victims

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    NIMC warns Nigerians against fake NIN correction portal

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    ITUC-Africa condemns attacks on migrants in South Africa

    Nigeria reiterates commitment to ensuring safe return of citizens from South Africa

    Nigeria: FG expresses commiment to speedy trial of terrorists, bandits, kidnappers

    Nigeria seeks stronger African collaboration to combat illicit wealth, transnational corruption

  • Entertainment
    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

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    Deejays disown report of Burna Boy’s music ban

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    David Offor, famous actor as Clarus in 1970s New Masquerade tv home series, passes away 

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    Spotify streams fetch Nigerian artistes N60b in 2025

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    Grammys 2026: South Africa’s Tyla edges Nigerian artistes with Best African Music Performance

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    Actors Guild of Nigeria lifts suspension of  Nollywood actress Halima Abubakar

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu approves upgrade of Federal Polytechnic Nasarawa, to specialised federal university

    TETFund approves N6.5b for tertiary institutions in 2026

    TETFund unveils plans to expand 2026 National Research Fair and Exhibition

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    INTI International University appoints Duru Research Fellow

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    Gov Adeleke commissions mega projects in UNIOSUN, installs new Chancellor

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    NEPL/Seplat JV awards N18m grants to schools in PEARLs quiz

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    UNIBEN launches N100b trust fund, attracts billions in cash, projects

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    FUTA holds 36th Convocation and Award of first Degrees, threatens to withdraw certificates of graduates found culpable of misconduct

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    FUTA holds 36th Convocation and Award of first Degrees, threatens to withdraw certificates of graduates found culpable of misconduct

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    Tinubu approves Health Technology and Data Analytics Office, appoints Oni Adigwe National Coordinator

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Nigeria: Court gives EFCC, Nyako until Oct. 16 to settle N29b case out of court

by NAN
July 25, 2025
in Law
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The Federal High Court, Abuja has given the Economic and Financial Crimes Commission (EFCC) and former Adamawa Governor, Murtala Nyako, until Oct. 16 to either settle the alleged ₦29 billion fraud case out of court or proceed with full trial.

At the resumed hearing on Friday, Justice Peter Lifu stated that the case, filed in 2015, nearly 10 years ago, must no longer suffer delays.

The judge’s declaration followed updates presented by the prosecution, led by Oluwaleke Atolagbe, and the defence counsel.

The updates showed that both parties have yet to finalise the terms of the plea bargain which they opted for.

Atolagbe told the court that meetings were ongoing to resolve the matter and requested for more time fo enable both parties conclude discussions.

He assured the court of progress, but said that trial would continue if no resolution was reached by the next adjourned date.

Nyako’s legal team and other defence lawyers confirmed that plea bargain talks were ongoing and did not oppose the request for an adjournment.

The judge, however, voiced displeasure at the constant adjournments, remarking, “This is not a murder case.”

” If you want to settle, please do so; if not, we proceed.”

“The prosecution is gradually turning this court into an adjournment court.

” I’m only bending backward in line with Section 17 of the Federal High Court Act to promote, facilitate and encourage settlement, ” he said.

The judge held that this was the final extension and fixed Oct. 16 for, either the presentation of a settlement report or continuation of trial.

The News Agency of Nigeria (NAN) reports that Nyako is being prosecuted alongside his son, Abdul-Aziz, as well as several companies and individuals, on charges of conspiracy and abuse of office involving ₦29 billion.

Also standing trial with them are two companies: Sebore Farms and Extension Ltd, and Pagado Fortunes Ltd.

Others include Zulkifik Abba, Abubakar Aliyu, Blue Opal Ltd, Tower Assets Management Ltd, and Crust Energy Ltd.

NAN further reports that the trial, which began on July 8, 2015, before Justice Evoh Chukwu, restarted afresh on Sept. 12, 2016, before Justice Okon Abang.

This was as a result of the death of Justice Chukwu on June 8, 2016 after the EFCC had called five witnesses to establish its case.

Meanwhile, the trial had to start afresh  again before Justice Lifu following the elevation of Justice Abang to the Court of Appeal in 2023.

Tags: EFCCMurtala Nyako
NAN

NAN

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