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Ex-Delta governor Ifeanyi Okowa arrested over alleged ₦1.3 trillion fraud

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Ex-Delta governor Ifeanyi Okowa – Ex-Delta governor Ifeanyi Okowa…
Ex-Delta governor Ifeanyi Okowa – In addition to the…
In addition to the ₦1.3 trillion diversion claim, Okowa is also under investigation for the alleged misappropriation of ₦40 billion
Former Delta State Governor Ifeanyi Okowa was arrested by the Economic and Financial Crimes Commission (EFCC) on Monday, November 4, facing allegations of diverting ₦1.3 trillion meant for oil-producing states.
Okowa, who led Delta from 2015 to 2023, is accused of misusing funds from the 13 percent derivation fund, intended for states with oil production.
Sources close to the investigation revealed that Okowa’s arrest occurred when he voluntarily reported to the EFCC’s Port Harcourt office, responding to an invitation regarding the alleged mismanagement.
“The funds in question were earmarked for development in oil-rich states, but they appear to have been misappropriated over the years,” a source informed TheCable.
Other allegations against Okowa
In addition to the ₦1.3 trillion diversion claim, Okowa is also under investigation for the alleged misappropriation of ₦40 billion.

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READ ALSO: EFCC arrests accountant general, disrupts government payments
This substantial sum was reportedly used to acquire shares in UTM Floating Liquefied Natural Gas, an ambitious facility currently under development by UTM Offshore Limited in Akwa Ibom.
Further, EFCC sources indicated that Okowa is suspected of using public funds to purchase estates in Abuja and Asaba, the Delta State capital.
READ ALSO: EFCC recovers ₦248bn, $105m, secures 3455 convictions in 1 year
“There are considerable assets tied to these funds, including properties in major cities that seem unaccounted for,” stated an insider.
Currently held at the EFCC facility in Port Harcourt, Okowa’s case adds to the growing scrutiny of financial conduct among former state governors, with potential implications for transparency in governance. His successor, Sheriff Oborevwori, took office earlier this year.
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The post Just a man trying to love his woman – South African husband says as he buys bras for his wife appeared first on Linda Ikeji Blog.
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The late President’s body arrived in Nigeria from the United Kingdom earlier in the day and was received with full state honours at the Umaru Musa Yar’Adua International Airport, Katsina.
President Bola Tinubu, who flew in from Abuja, arrived at 1:42 p.m. and was on hand to personally receive the remains of his predecessor.
A guard of honour was mounted for the Commander-in-Chief, shortly before the Nigerian Air Force plane transporting Buhari’s body touched down at 1:51 p.m.
Former President Muhammadu Buhari's body was respectfully laid to rest at 5:50 PM. pic.twitter.com/1GeXAHBPd8
— Imran Muhammad (@Imranmuhdz) July 15, 2025
According to family sources, the body was first taken to Buhari’s Daura residence, where his immediate family and close relatives offered a private farewell.
A few solemn moments were observed before the casket was moved to the community’s central prayer ground for the final rites.
“It was a dignified and peaceful farewell,” a family member told reporters. “We are grateful he returned home and was buried according to his wishes.”
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His passing triggered tributes from global leaders and Nigerians across political divides.

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In a brief remark at the airport, President Tinubu described his predecessor as “a patriot who loved Nigeria till his last breath.”
Security was tight in and around Daura, as thousands gathered quietly to witness the late leader’s final journey.
Traditional rulers, senior government officials, and members of the armed forces were present to pay their respects.
The former military ruler and two-term civilian President is survived by his wife, children, and grandchildren.
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