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    MarketForces Africa » MarketForces News » Alleged N2.2bn Fraud: Court Remands Ngige Pending Bail Application

    Alleged N2.2bn Fraud: Court Remands Ngige Pending Bail Application

    Olu AnisereBy Olu AnisereDecember 12, 2025 Politics No Comments3 Mins Read
    Alleged N2.2bn Fraud: Court Remands Ngige Pending Bail Application
    Chris Ngige, Ex Labour Minister
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    Alleged N2.2bn Fraud: Court Remands Ngige Pending Bail Application

    An Abuja High Court on Friday remanded a former Minister of Labour and Employment, Chris Ngige, in Kuje Correctional Centre, pending the determination of his bail application

    The Economic and Financial Crimes Commission (EFCC) on Friday arraigned Ngige over alleged N2.2 billion fraud. Ngige, a former governor of Anambra , is facing eight counts of fraud and accepting bribes.

    The defendant served as the governor of Anambra under PDP platform from May 29, 2003, to March 17, 2006. He served as minister under former and late President Muhammadu Buhari’s administration from 2015 to 2023.

    The EFCC arrested on Ngige on Wednesday. He is being prosecuted for fraud, which he allegedly committed during his tenure as Minister of Labour and Employment.

    The EFCC accused him of awarding seven contracts worth over N366 million “for consultancy, training and supply by the Nigeria Social Insurance Trust Fund (NSITF)” to a company, Cezimo Nigeria Limited, belonging to his associate, Ezebinwa Charles.

    EFCC alleged that Ngige awarded eight contracts worth over N583 million to another company belonging to Mr Charles.

    The EFCC also alleged that the defendant used his position to give preferential treatment, awarding eight contracts worth over N362 million to a company, Jeff & Xris Limited, belonging to Nwosu Chukwunwike.

    Other companies he awarded contracts include Olde English Consolidated Limited and Shale Atlantic Intercontinental Services Limited, belonging to Uzoma Igbonwa to the sum of N668 million and N161million respectively.

    According to the EFCC, these offences violate section 19 of the Corrupt Practices and Other Related Offences Act, 2000.

    Also, the anti-graft agency accused Ngige of collecting gratifications from contractors of the NSITF through “his organization, called Senator (Dr Chris Nwabueze Ngige Campaign Organization from Cezimo Nigeria Limited (Zenith Bank Account Number 1011901119).”

    The EFCC further alleged that Ngige collected N38.6 million from Cezimo Nigeria Limited, N55 million from Zitacom Nigeria Limited and N26 million from Jeff & Xris Limited.

    This according to EFCC contravened section 17(a) of the Corrupt Practices and Other Related Offences Act 2000 and is punishable under section 17(c) of the same Act. He however pleaded not guilty to all the charges.

    The EFCC’s counsel, Sylvanus Tahir, SAN applied for a trial date and urged the court to remand Ngige at Kuje Custodial Centre.

    However, counsel to Ngige, Patrick Ikwueto, SAN, noted that they were only informed of the arraignment yesterday and could not file for his bail application.

    Ikwueto urged the court to give Ngige a conditional bail on health grounds. He also attempted to move for an oral bail application for the defendant on self-recognition. Tahir noted that the court could not be presented with both a written and oral application.

    He also noted that Ngige is yet to submit his international passport, which was part of his previous bail conditions. Ikweto, however, noted that Ngige’s international passport was stolen, and the EFCC has been informed through a letter.

    Tahir denied knowledge about the report. Following their submissions, Justice, Maryam Hassan, ordered his remand at the Kuje Correctional Centre.

    Justice Hassan the adjourned until Monday  for hearing and determination of his bail application

    Chris Ngige
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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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