The Court of Appeal, Abuja Division, on Friday, June 20, 2025, upheld the January 22, 2025 ruling of the Federal High Court, Abuja Division, presided over by Justice Inyang Ekwo, which approved the final forfeiture of N1,582,000,000 to the federal government against Steve Olusegun Ogidan, a former National Coordinating Consultant of the Nigerian Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL).
Justice Okon Abang delivered the judgment in a unanimous decision by a three-man panel in favor of the Economic and Financial Crimes Commission (EFCC).
Nairametrics had exclusively reported that Ogidan returned N1.5 billion to the EFCC in the anti-graft agency’s alleged fraud case involving a former Managing Director of NIRSAL, Aliyu Abatti Abdulhameed, and himself.