Local News

Alleged N1.5b palace: Police release fresh update on ‘Obi of Lagos’ arrest

News update

THE Lagos State Police Command has updated the general public on the ongoing investigation regarding the activities of one Engr. Chibuike Azubike, who was recently arrested for acclaiming himself as the “Obi of Lagos”.

VAM News reported on Thursday that the suspect was arrested following intelligence suggesting planned unveiling of N1.5 billion Palace of the purported Obi Palace in the state.

The event was scheduled to take place at the Apple Hall, Amuwo Odofin, Lagos on September 13.

In an update on Thursday night, the command in a statement by its Deputy Police Public Relations Officer, DSP Babaseyi B. Oluseyi said investigation revealed that the suspect is not a qualified engineer but merely a supplier of construction materials to construction companies.

According to the statement, Azubike made the confession to the police during interrogation.

The PPRO also revealed that further findings indicated that the planned unveiling of the “Obi of Lagos Palace” was fraudulently designed.

According to him, the planned event was merely a ploy to swindle unsuspecting personalities and other Nigerians of their hard-earned money.

The investigation further established that the principal suspect “acted alone, without the backing or recognition of any legitimate chieftaincy authority”.

“Members of the public are therefore enjoined to disregard his claims and other misleading publications on social media aimed at causing disaffection among the peace-loving people of Lagos.

“Meanwhile, investigation is ongoing, and all suspects involved will be arraigned in court upon conclusion of the investigation”, the PPRO added.

VAM News

Recent Posts

Ondo Approves Four New Monarchs, Raises 2026 Budget

THE Ondo State Government has raised the 2026 budget from N524.411 billion to N769.384 billion,…

13 hours ago

Peter Obi’s Convoy Attacked By Suspected Thugs

NEWS UPDATE Tension reportedly erupted in Benue State on Tuesday after suspected thugs allegedly blocked…

14 hours ago

Government Bans Extra Lessons, Phone Use In Schools

NEWS UPDATE Some residents have hailed the Benue State government’s decision to ban learners from…

20 hours ago

Steps to Buy Dangote Refinery Shares for Nigerians

THE Dangote Refinery IPO will open for public subscription on Monday, September 14, 2026, giving…

23 hours ago

Ekiti Govt Gives N578.6m BPP Contract To Firm Linked To Gov Oyebanji’s Aide

The Ekiti State Government has awarded a N578.6 million contract to Doylit Nigeria Resources Limited…

1 day ago

Atiku Slams Tinubu Over N24.7trn Borrowing

Former Vice President Atiku Abubakar has accused President Bola Tinubu’s administration of reckless domestic borrowing…

1 day ago