Skip to content
August 2, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • EFCC arrests NABDA Director General over alleged N23m scam
  • National News

EFCC arrests NABDA Director General over alleged N23m scam

Admin June 29, 2017

Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested  a serving Director General of the National Biotechnology Development Agency,  NABDA,  Professor (Mrs) Lucy Jumeyi Ogbadu,  for her alleged involvement in criminal conspiracy and diversion of public funds to the tune of N23,000,000.00 (Twenty Three Million Naira only).

Ogbadu was arrested on Wednesday June 28 in Port Harcourt, Rivers State, following  her alleged linkage with the Bayelsa State Director of Bioresources Development Centre, Mr. Josiah Habu who is being investigated by the EFCC in a case of fraudulent diversion of the sum of N75,0000,000.00( Seventy Five Million Naira only).

Investigations by the EFCC showed that Ogbadu allegedly received the sum of N23m through a bank account belonging to the wife of Habu, Mrs. Esther Habu and admitted same in a voluntary statement made to the EFCC.

Further investigations have also shown that, Mrs. Habu is one of the contractors with Bioresources Development Centre, Odi, Bayelsa State and a total sum of N603,000,000.00k( Six Hundred and Three Million Naira only) has been traced to her, in different deals involving over 20 Directors of Bioresources Development Centres across the country. Ogbadu’s linkage with all these scams is being investigated. She has been duly served with bail conditions while investigations continue.

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnews mainnews2 newsbar newsticker recommended

Post navigation

Previous Military buries remains of two slain soldiers, kills Boko Haram insurgents
Next Okowa hands over to Otuaro, proceeds on two-week leave

Related Stories

Cocaine bound for Italy, China hidden in local mortar intercepted in Lagos
  • National News

Cocaine bound for Italy, China hidden in local mortar intercepted in Lagos

August 2, 2026
Police neutralises suspected bandit in Katsina, recover AK-47 rifle Police
  • National News

Police neutralises suspected bandit in Katsina, recover AK-47 rifle

August 1, 2026
Troops dismantle criminal syndicate operating in South East, South South, recover stolen weapons
  • National News

Troops dismantle criminal syndicate operating in South East, South South, recover stolen weapons

August 1, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Animal Farm and Nigeria’s false sovereignty, by Ken Ugbechie Nigeria flag
  • Commentaries

Animal Farm and Nigeria’s false sovereignty, by Ken Ugbechie

August 2, 2026
Cocaine bound for Italy, China hidden in local mortar intercepted in Lagos
  • National News

Cocaine bound for Italy, China hidden in local mortar intercepted in Lagos

August 2, 2026
Police neutralises suspected bandit in Katsina, recover AK-47 rifle Police
  • National News

Police neutralises suspected bandit in Katsina, recover AK-47 rifle

August 1, 2026
Troops dismantle criminal syndicate operating in South East, South South, recover stolen weapons
  • National News

Troops dismantle criminal syndicate operating in South East, South South, recover stolen weapons

August 1, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.