25 July 2026
Regulatory

UBEC Fraud: EFCC Presents Witnesses Against Ex-Governor

The Economic and Financial Crimes Commission has presented additional witnesses in the ongoing trial of Abdulfatah Ahmed, Kwara’s former Governor, and Ademola Banu, his former Commissioner for Finance, in connection with an alleged fraud of ₦5.78 billion belonging to the state’s Universal Basic Education Board (UBEC). The commission alleged that the fund, which was intended

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