Emefiele assets forfeited, Lagos-Calabar highway renamed, Oyo kidnappers charged

Supreme Court affirms the final forfeiture of seven landed properties, $2,045,000 and share certificates tied to former CBN Governor Godwin Emefiele, upholding the Federal High Court, Lagos decision. The unanimous a‑five‑panel ruling set aside the Court of Appeal’s decision.

President Bola Tinubu has signed the Presidential Executive Order on Virtual Assets Coordination, 2026, but more notably his administration renamed the Lagos‑Calabar Coastal Highway in his honour; Minister Dave Umahi announced the change, saying the 750‑kilometre project was inspired by a vision he conceived while serving as Lagos governor nearly three decades ago.

The Department of State Services filed a 10‑count charge against three men – Abdulrazak Umar a.k.a. Abu Khalifa/Abu Khalid, Yunusa Musa a.k.a. Yunusa bin Musa, and Shamsu Adamu Sani a.k.a. Abu Itisar – for the abduction of pupils and teachers in Oriire LGA, Oyo State. Separately, troops of Joint Task Force North West rescued nine kidnap victims in Katsina State, recovered 56 rustled livestock and arrested a suspected terrorist.

These developments signal anti‑corruption progress, showcase political legacy projects, and reflect ongoing security operations. What should you do with this intelligence? Monitor how recovered assets are deployed, demand transparency on highway contracts, and stay alert to local security updates.

SOURCE: https://dailypost.ng/2026/07/18/nigerian-newspapers-10-things-you-need-to-know-saturday-morning-133/