Connect with us

Breaking News

Fraud Suspect And Notorious Land Grabber On EFCC Trial Secures N507Million Police Contracts, Spends Lavishly On Birthday Adverts For Ally, IGP Egbetokun

Published

on

Quickly! Watch The Video Before It’s Deleted! |Save Hot 3:00 Minutes $3x V!de0s To Ur Phone Directly | Watch 2:00 H0t $3x V!d0es Now!

Quickly! Watch Before It’s Deleted! Another Popular Nigeria Pastors Wife $leeps With Male Church Member, Husband Engaged In Physical Compact Him. Watch The Full Video Here Now.

Checks show that Beckybliss Nigeria Limited is owned by Rebecca Omokamo, who is currently under investigation and facing trial by the Economic and Financial Crimes Commission (EFCC) for alleged fraudulent transactions running into hundreds of millions of naira.

A SaharaReporters review of the public payments portal, Govspend, has revealed that the Nigerian police, under the leadership of Inspector General Kayode Egbetokun, awarded a multi-million-naira contract to a company owned by a woman facing prosecution for fraud and widely known as a notorious land grabber.

According to the payment records, the police on December 7, 2023, disbursed a total of N507.5 million to Beckybliss Nigeria Limited, owned by Rebecca Omokamo Godwin-Isaac, popularly known as Bilikisu Ishaku Aliyu, for the renovation and furnishing of the IGP’s guest house in Maitama, Abuja

The payments were made in two tranches on the same day.

On that day, a tranche of N354.1 million was paid with the description: “Being payment to the above company for extensive renovation and furnishing works of the guest house of the IGP, Maitama, Abuja.”

Also, N153.4 million was released to the company, with the description: “Being final payment to above named company for the extensive renovation and furnishing works of the guest house of the Inspector General of Police, Maitama.”

Checks show that Beckybliss Nigeria Limited is owned by Rebecca Omokamo, who is currently under investigation and facing trial by the Economic and Financial Crimes Commission (EFCC) for alleged fraudulent transactions running into hundreds of millions of naira.

Omokamo is also the CEO of Homadil Realty Limited.

Court documents further reveal that in July, a prosecution witness, Abu Gambo, told the Federal High Court in Abuja how he lost N62 million in a land transaction involving the embattled businesswoman. Testifying before Justice Joyce Abdulmalik, he recounted paying the amount for two plots of land in Katampe District, Abuja, only to discover the titles were fraudulent.

Omokamo is standing trial on 17 counts bordering on fraudulent land sales and money laundering, alongside her company Homadil Realty Limited, as well as Richard John and Rychado Homes Limited.

One of the charges reads: “That you, Godwin-Isaac Rebecca Omokamo (a.k.a. Bilkisu Ishaku Aliyu) and Homadil Realty Limited, sometime in August 2023, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the sum of N62,000,000 from Abu Abubakar Gombo by falsely representing that you had genuine title and ownership over Plot 1862, Cadastral Zone B07, Katampe District, Abuja, and fraudulently induced him to make payment for the acquisition of a portion of the said property, knowing that the representations were false, thereby committing an offence contrary to Section 1(1)(a) and punishable under Section 1(3) of the Advance Fee Fraud and Other Related Offences Act, 2006.”

In another case, marked FHC/ABJ/CR/2025, the EFCC arraigned her alongside her husband, Isaac Yusuf Ishaku, Homadil Realty Ltd, and Idakwogi Richard John on a five-count charge of conspiracy and fraud over the acquisition of land in Guzape District, Abuja.

Despite these legal troubles, Omokamo has publicly maintained a close relationship with IGP Egbetokun.

In September, she sponsored expensive full-colour birthday adverts in at least five national newspapers to celebrate the police chief’s 61st birthday.

In one of the adverts signed by her as Chief Executive Officer of Homadil Realty Nigeria, she wrote: “On behalf of my family and the entire Homadil Realty Nigeria Limited family, I, Her Excellency, Ambassador Dr. Rebecca Omokamo Godwin-Isaac extend warm and heartfelt felicitations to you, Sir, on the occasion of your 61st birthday.”

“This celebration is more than just marking another year. It is a tribute to a life of unwavering service to our nation. Your journey from a Mathematics graduate who joined the Nigeria Police Force as a Cadet Assistant Superintendent on March 3, 1990 to becoming the 22nd Inspector-General of Police is a story of discipline, integrity and tireless dedication.”

In December 2024, SaharaReporters reported that Omokamo had been accused of fraudulently tampering with the Land Information System and forging title documents in the Abuja Geographic Information System.

It was reported that despite the allegations, Omokamo had been enjoying VIP police protection.

Her indictment is contained in a report by the Federal Capital Territory Development Authority’s Investigation & Prosecution Department dated October 17, 2024, and signed by Mr. Eriki Joseph, Director of Investigation and Prosecution.

The report also recommended the prosecution of Mrs. Aliu, her company, and staff members who colluded with her in the alleged forgery and tampering of information related to Plot No 4022, Guzape District Cadastral Zone A09, Abuja, which legally belongs to Alhaja Colleen Yesufu and her family.

Yesufu and family are represented by Falana & Falana’s Chambers.

In January, SaharaReporters reported how Omokamo invaded another property at Plot 4411, Cadastral Zone A09, Guzape District, with a retinue of policemen to take over the property.

SaharaReporters gathered that on Tuesday, January 14, Omokamo invaded the property with several policemen from the 44 Police Mobile Force Headquarters, led by SP Haruna Danfulani, to halt the construction work going on there and take possession of the property.

This was despite an interim order of the Federal Capital Territory High Court, Abuja, in a suit marked M/16807/2024, restraining Mr. Eric Anyamene Nnadi, Hajiya Bilkisu Mallam (Omokamo), Hon. Minister, Federal Capital Territory, Abuja, and Federal Capital Development Authority (F.C.D.A) as 1st to 4th Defendants from entering the property, pending the final determination of the suit before the court, which Nextdora Nigeria Limited instituted.

Quickly! Watch The Video Before It’s Deleted! |Save Hot 3:00 Minutes $3x V!de0s To Ur Phone Directly | Watch 2:00 H0t $3x V!d0es Now!

Quickly! Watch Before It’s Deleted! Another Popular Nigeria Pastors Wife $leeps With Male Church Member, Husband Engaged In Physical Compact Him. Watch The Full Video Here Now.

However, workers at the construction site resisted an attempt by SP Haruna Danfulani to enforce an alleged directive from the IGP, Egbetokun, to stop and drive workers out of the property.

“The situation escalated when Hajiya Bilkisu Mallam (Omokamo), claiming ties to the IGP, arrived on the site with a police escort,” an eyewitness told SaharaReporters.

“She was with disputed documents, which site workers contested as forged, when she wanted to take control of the site with the aid of policemen.”

A video clip of the incident published by SaharaReporters shows SP Danfulani giving directives to officers.

Workers on the site were also seen resisting Danfulani’s orders for arrests, arguing that the police have no role in land disputes and should not act outside the court’s directive.

In the video clip, SP Danfulani was overheard saying: “I’m talking to you and you are going, do not get me annoyed here. When we go any place, we give everyone their respect and the benefit of the doubt and when you refuse, we will use maximum force and if we want to take action, we can crush anybody. But it has not got to that stage.”

Similarly, in May, a 79-year-old grandmother, Hajia Collen Mero Yesufu, urged the IGP Egbetokun to stop shielding his Omokamo from investigation and prosecution over alleged land fraud.

Speaking through her lawyer, Barrister Maxwell Opara, at a press conference held on Tuesday in Abuja, Mero accused the police chief of offering protection to Omokamo, who she described as a land-grabber with a history of defying court orders and other authorities.

According to Mero and her legal team, Omokamo’s defiance and continued evasion of justice had been enabled by the “powerful backing” she allegedly received from the Inspector General.

They further called on the police hierarchy to allow a full and independent investigation into Omokamo’s activities, free from interference or undue influence.

Meanwhile, the Nigeria Police Force, through its then-spokesperson, ACP Olumuyiwa Adejobi, repeatedly denied any connection between the IGP and Bilikisu, insisting that the Inspector General had no ties to the woman in question.

Quickly! Watch The Video Before It’s Deleted! |Save Hot 3:00 Minutes $3x V!de0s To Ur Phone Directly | Watch 2:00 H0t $3x V!d0es Now!

Quickly! Watch Before It’s Deleted! Another Popular Nigeria Pastors Wife $leeps With Male Church Member, Husband Engaged In Physical Compact Him. Watch The Full Video Here Now.

Continue Reading

Breaking News

National Pension Commission (PenCom) changes price disclosure rule

Published

on

National Pension Commission (PenCom) has directed Pension Fund Administrators (PFAs) to discontinue the publication of daily unit prices for Retirement Savings Account (RSA) and Retiree Funds on their websites, replacing the requirement with a six-month disclosure of returns based on a three-year rolling average.

The directive was contained in a circular issued by the commission.

Under the new guideline, PFAs must stop implementing Section 2.0 (iv) of the Commission’s March 23, 2013 circular, which required them to display daily unit prices for the last seven days.

Instead, they are to publish on their websites the last six months’ rate of return — calculated as a 36-month compounded rolling average in line with the Circular for the Calculation and Reporting of Rate of Returns by Licensed Pension Fund Operators (LPFOs).

According to the commission, the rate of return must be clearly displayed on the homepage of each PFA’s website.

For instance, the six-month disclosure covering April to September 2025 would reflect the 36-month compounded returns ending in each of those months.

This has however raised transparency concerns in the pension industry.

The 2013 circular on Minimum Information to be displayed on PFA Websites formed part of PenCom’s transparency framework for the Contributory Pension Scheme.

The latest addendum modifies that requirement but does not remove PFAs’ obligation to disclose performance information.

Industry watchers say the development may reignite debate over the balance between long-term investment reporting and real-time transparency in Nigeria’s pension industry.

All enquiries on the addendum, the Commission said, should be directed to its Surveillance Department.

An industry analyst who does not want her name mentioned said the move could reduce contributors’ access to real-time performance data.

She said: “Daily unit prices allowed RSA holders to independently track short-term movements and detect fluctuations in fund valuation.

“With only a three-year rolling average now required, contributors will no longer see recent performance in isolation”, she noted.

The analyst added that while pension funds are long-term vehicles, removing daily disclosure raises concerns about information asymmetry.

“PFAs will still compute daily valuations internally. The issue is whether contributors should be denied access to data that already exists,” the analyst said.

However, another pension expert defended the directive, noting that pensions are structured for long-term accumulation and should be assessed over extended periods.

“A 36-month rolling average smooth’s out short-term volatility and provides a more accurate reflection of sustained performance,” the expert said, warning that excessive focus on daily fluctuations could encourage reactionary fund switching.

Continue Reading

Breaking News

Dollar rises in black market on Monday, traders quote new exchange rate

Published

on

Dollar edges higher against the naira in black market trading Dollar edges higher against the naira in black market trading

The United States dollar at the parallel market increased in value on Monday, Febuary 23 with traders quote at N1,375/$ as the new selling exchange rate.

The new rate is a slight depreciation for the naira when compared to N1,343 a dollar market closed on Friday, February 20, 2026.

Abdulahhi, a forex dealer, told Legit.ng that the new exchange rate follows renew demand in the market.

“I am currently selling dollars at N1,375/$1 and buying at N1,355/$1. The pound is trading at N1,845 to sell and N1,805 to buy, while the euro is also moving steadily in the market.

“It seems this week the dollar will return to over N1,400. I have been getting a lot of request.”

The fall of the naira comes as BDC operators continue to face difficulties in accessing dollars from commercial banks.

BDCs can get dollar

The apex bank had previously issued a circular allowing licensed BDCs to access foreign exchange through authorised dealers at the prevailing market rate.

Under the directive, each BDC is permitted to purchase up to $150,000 weekly, subject to Know Your Customer (KYC) requirements and due diligence checks, Punch reports.

Leadership reported that despite a policy announcement, some operators disclosed that no transactions have been completed under the new arrangement.

A BDC operator, who requested anonymity, said the directive remains largely unimplemented. According to him, the circular provides that disbursements will be made through settlement accounts, a provision that has raised operational concerns.

He questioned the feasibility of seamless, real-time transfers between domiciliary accounts across different banks, noting that such infrastructure may not yet be fully in place.

The operator added that while commercial banks appear supportive of the policy, many are still developing internal processes to align with the CBN’s directive.

He explained that BDCs are required to submit bid orders through their banks, which would then access the market on their behalf.

Naira in the official market

Meanwhile, in the Nigerian Foreign Exchange Market (NAFEM), the naira closed against the US dollar on Friday, February 20 at N1,346.32/$1 from N1,341.35/$1 a day earlier.

At the GTBank FX desk, the naira weakened by N7 against the dollar to quote N1,356/$1.

Continue Reading

Trending

Copyright © 2026 Naijacoaded | All Right Reserved | Powered by Naijacoaded.com |