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    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

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  • NIGERIA
    2027 Elections: INEC deploys AI safeguards, explains omission of governorship candidates

    INEC concludes nationwide readiness tour, seeks traditional ruler’s support for peaceful elections

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu congratulates Flamingos on historic FIFA U-17 Women’s World Cup victory

    Tinubu approves Ibom Deep Sea Port at APC presidential rally

    Tinubu approves Ibom Deep Sea Port at APC presidential rally

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    Nigeria: FCCPC investigates possible exploitation in airfare price

    FCCPC enforces full fortification of vegetable oil, salt

    Nigeria: National Assembly plans boost funding for primary healthcare

    You Survived Suicide? Then, go to jail! 

    Nigeria: ANA rolls out tough measures against financial mismanagement, breach of intellectual property

  • Entertainment

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    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

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    • LIFE & CULTURE
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    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: FG warns public against unauthorized NTI admissions, cancels 2026 NCE, degree intake

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    Nigeria: UBEC finalises policy framework to unlock education investments

    UBEC partners Sultan’s Foundation in war against out-of-school children menace

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  • Health
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    • Health and Fitness
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    Election Campaign: Onanuga urges caution in use of AI

    Top oil and gas experts to speak at Realnews 14th Anniversary Lecture Series

    Top oil and gas experts to speak at Realnews 14th Anniversary Lecture Series

    MultiChoice owner cuts DStv subscription prices in Nigeria, Kenya, Ghana

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    NNPCL, NLNG, Customs, Dangote, others partner with GOCOP for 2026 conference

    Nigeria: FG empowers 70 digital media managers for grassroots outreach

    • CSR
    • Jobs
    • Labour
    • Law
  • News
    Nigeria begins indigenous production of attack drones in partnership with local tech firm

    Nigeria boosts intra-African trade with air cargo arrangement with Rwanda

    Namibia President calls Dangote’s $2.5b energy investment a landmark for Africa’s industrial future

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    • Politics
    • Opinion
  • World
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  • Sports
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Nigeria: Court jails two fraudsters for N7m fraud in Maiduguri

by Segun Otokiti
May 15, 2026
in Law
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WorldStage– Justice Aisha Ibrahim of the Borno State High Court, Maiduguri, has convicted and sentenced the duo of Abdullahi Suleiman and Ahmad Yahaya to various jail terms.

Suleiman and Yahaya were arraigned on Wednesday, May 13, 2026 on a one- count separate charge bordering on cheating and criminal misappropriation to the tune of Seven Million Three Hundred and Seventy Eight Thousand Naira (N7, 378,000.00)

The charge against Suleiman reads: “That you, Abdullahi Suleiman and Ismail Luka (now at large) and Ibrahim Musa (now at large) sometime in 2026 in Maiduguri, Borno State within the jurisdiction of this honourable court, did conspire amongst yourselves to commit an offence to wit: cheating where you induced one Mustapha Baraka Abubakar to deliver to you the sum of Five Million Naira (N5,000,000.00) under the guise that the said amount represent payment for an exchange with United State of American Dollar which you are yet to deliver and thereby committed an offence contrary to Section 59(b) and punishable under Section 60(2) of the Penal Code Law and other Matters Connected therewith Law, 2023 of Borno State.”

While the charge against Yahaya reads: “That you,  Ahmad Yahaya, sometime in 2025 in Maiduguri, Borno State within the jurisdiction of this honourable court, dishonestly induced Abba Goni Hassan , to deliver to you the sum of N2, 378,000.00 (Two Million Three Hundred and Seventy Eight Thousand Naira) via your account number 0049529965 domiciled with Union Bank and from his account number 0154525522 domiciled with Union Bank respectively, under your instruction where you presented yourself as the Chief Executive officer (C.E.O) of Siliki Millennium Oil, a company registered in Nigeria under the guise that the said amount represented payment for a supply of food stuff, flour and other food related items, to individuals, markets and stores, which you are yet to deliver and thereby committed an offence contrary to Section 309(a) and (b) and punishable under Section 310 of the Penal Code Law and other Matters therewith Law, 2023 of Borno State.”

The defendants pleaded “guilty” to their lone charge when it was read to them.

Counsel to the prosecution,  Mukhtar Ali Ahmed prayed the court to convict them accordingly.

Justice Ibrahim, thereafter convicted the defendants and sentenced Suleiman to one year imprisonment with an option of N25, 000.00. Yahaya was sentenced to ten years imprisonment with an option of N200, 000.00 fine.

Abdullahi’s journey to the Correctional centre started when he collected money for exchange with the United States of American Dollar and diverted the N5m to his personal use.Yahaya’s ordeal started when he collected money from the petitioner for the supply of foodstuff, flour and other food related items, to individuals, markets and stores and diverted the money to his own use.

Tags: Abdullahi SuleimanAhmad Yahaya
Segun Otokiti

Segun Otokiti

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