SPECIAL REPORT
EVIL SERVANT: SACKED UNICAL BURSAR BOUGHT 8 EXOTIC CARS EACH IN TWO YEARS AND BUILT MULTI MILLION NAIRA MANSIONS EFFORTLESSLY
Peter Inyali
Investigation into the activities of University of Calabar, (UNICAL) former Bursar, Peter Agi has revealed that he allegedly bought eight (8) exotic cars in two years worth over 7 million each.
Prior to his appointment, Agi according to findings had only two cars but within the space of two years when he assumed office as Bursar, he reportedly bought 8 cars with the least valued at seven million naira (N7,000 000).
This shocking details was contained in a petition written by the Director, Institute of Public Policy and Administration, UNICAL, Edem Ebong on the 7th of September, 2016 and forwarded to the joint Senate/Council committee set up to investigate him (Agi).
Agi has been regularly accussed of living an extravagant life that his salary and allowances couldn’t have afforded.
As a bursar, he was on a monthly salary of N452,000.00 with an annual pay of N5, 4,24000 (Five million, four hundred and twenty four thousand naira).
His imprest initially was N100,000 but on the 15th of April 2016, the Vice Chancellor, Prof. Zana Akpagu generously increased it by one hundred percent; that’s from N100,000 to N200,000. This means that his annual imprest was N2.4 million (Two million, four hundred thousand).
However, imprest is not his personal due. It is an allowance for the running of the day to day activities of the bursary department. So, it won’t be correct to say that his annual pay was N7,824000 (Seven million, eight hundred and twenty four thousand) when the imprest and his salary is added together. But even if it were, such wouldn’t have afforded him the fleets of cars he acquired in two years with the least valued at seven million naira.
Apart from Agi’s fleets of cars and his extravagant lifestyle, it is alleged that he acquired so many landed properties within and outside Cross River State. This include a bungalow in 8miles, Calabar worth millions of naira that Police investigation uncovers. The Police report said his salary couldn’t have afforded him such ‘mighty’ bungalow. How he got the money to acquire all the cars and landed properties has left many in shock.
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| The back view of Agi’s bungalow in 8miles, Calabar |
This is a disturbing situation especially considering the strong anti-corruption stance of the President Muhammadu Buhari’s administration. Public office holders should be made to give accurate account of their stewardship. Therefore, the revelation about the neferous actvitivies of Agi calls for serious investigation.
Although, he already has hundreds of petitions and allegation of fraud leveled against him by the university and it’s different units, making him face the wrath of the law if guilty would not only serve as deterrent to other public office holders and civil servants, but would be a credit to Buhari’s anti-corruption war.
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| The entrance gate |
Already, the October 19th 2016 Police report has revealed some shocking financial misappropriation by Agi. As a typical Nigerian with corruption case, Agi, in desperation rushed to court to obtain an interlocutory injunction restraining the Police from further investigation.
But before the restraining order, the Police had investigated a petition sent by Comrade Godwin Nyiam, the Protocol officer of the university and has discovered that until his removal, Agi was the only signatory to the Single Treasury Account (TSA) of the university.
The Police also discovered that the E-payment platform of Central Bank of Nigeria, CNB of the institution was exclusively accessed by only the Bursar. This may sound absurd but this was how Agi operated the university account as though he was managing his personal business. The Vice Chancellor who is the Chief Executive/Accounting Officer of the University had no access to TSA or CBN E-payment platform.
Similarly, the Police uncovered an evidence of transfer of the sum of three million one hundred and eleven thousand, six hundred and ninety naira (N3,111,690.00) from the university account to a First Bank Account belonging to one Mrs. Isioma Peter Agi on the 7th of July 2016.
The beneficiary is alleged to be Agi’s wife who is neither a staff nor a contractor of the university. How and why Agi transfered money from the university account to her account without due authorization from superior authority left many wondering. No wonder, Ebong stated conspicuously in his petition that “Our money under Agi is not save”.
The Police also discovered the bungalow located in 8miles, Calabar which was made reference to earlier. The report said ” The sum of four hundred and fifty two thousand Naira (N452, 000.00) being the monthly salary of the suspect cannot afford his ultramodern bungalow located at 8 miles”.
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| Side view |
If a man who prior to his appointment as Bursar hadn’t any known business or source(s) of income apart from his meager salary as a staff in bursary department of the university can amass such wealth within a short period of time, then there’s more to his activities than meet the eyes.
In fact, he was barely four years as a staff of the university before he was made the bursar. His short sting with Leventis, a Private organization in Lagos before his employment in UNICAL didn’t end well so he wouldn’t have acquired such wealth before his appointment as Bursar.
Whether the high level of irregularities and alleged fraud that surrounded the bursary department under his watch is due to his inexperience is left to be seen. According to the university law, the office of bursar is exclusively for staff who have attained the position of deputy bursar. But Agi, in what can be best described as employment error/fraud became a bursar with little or no experience on how a university bursar is expected to work.
The allegation of fraud has always been on Agi’s neck right from the manner he got his employment into the university. The university law stipulates that anybody employed as a graduate should be placed in level 07. But his case was fraudulently different. As at when he was employed he was placed in level 13. The parameter used in giving him such rapid promotion was seriously questioned at the time.
The cliché that without a solid foundation, no structure can stand has obviously been noticed in Agi’s reign. He got into the university and climbed to the position of a bursar in a faulty foundation and today, the university is paying dearly for this.
Today, Agi may just be the richest former bursar in the history of UNICAL. Perhaps, his fleets of cars and landed properties may be acquired through other means. But before such assumption can be taken seriously, he should first succinctly explain how he bought eight cars in two years with a net worth relatively lower than the least valued car. He should also explain how he built the multimillion naira bungalow.
Until then, he will remain an unavoidable candidate of the anti-corruption agencies.
At the time of writing this article Agi has allegedly hidden some of the exotic cars but investigation continues, the truth will be unearthed soon.
SPECIAL REPORT
Nigerian Government Accuses Secrets Reporters Publisher Fejiro Oliver of Espionage, Invites Him For Questioning Days After Kidnapping Its Reporter
Secrets Reporters
The Nigeria Police Force National Cybercrime Centre (NPF-NCCC) has invited the Publisher and Editor-in-Chief of Secrets Reporters, Mr. Tega Oghenedoro, also known as Mr. Fejiro Oliver, for questioning over an ongoing investigation into alleged offenses bordering on espionage, cyberstalking, and computer-related crimes, days after kidnapping one of SecretsReporters Senior Reporter Stanley Ugagbe
Recall that at the close of work on Wednesday the 1st of July, 2026, Ugagbe was kidnapped on his way home by officers of the NIgerian Police force in connection with a report published by SecretsReporters, titled “EXCLUSIVE: CBN Deputy Governor Emem Usoro Linked to N3.6bn Los Angeles Property Amid Questions Over Asset Declaration Compliance (Part 2)”
Mr Stanley was released on Monday by 7:30pm to the President of the International Press Institute (IPI), Mojeed Muskilu, who was on ground to ensure he was not detained further.
A letter dated 6 July 2026, with reference number CR: 3000/X/NPF-NCCC/FHQ/ABJ/TDP-LM/VOL.1/364, was issued by the National Cybercrime Centre and addressed to Mr. Oghenedoro at the media organization’s office in Wuye, Abuja.
According to the letter, the Cybercrime Centre stated that it is investigating “a case of espionage, cyberstalking, and computer-related offenses in which your name featured prominently.”
The police requested the publisher to report to the National Cybercrime Centre for an interview through the Assistant Director, Defence and Protection Unit, NPF-NCCC Abuja.
The invitation is scheduled to be held on Wednesday, 8th July 2026, at 10:00 a.m. at the Nigeria Police Force National Cybercrime Centre office, Plot 625, Mission Road, Diplomatic Zone, Abuja.
The letter also directed the invitee to contact a phone number listed in it for directions upon arrival. It concluded by requesting his cooperation with the investigation, stating that it “will be highly appreciated.”
The invitation letter was signed by DCP Olufemi Akinola, psc (+), Deputy Director (Operations), NPF-NCCC, Abuja.
In the course of detaining its senior reporter, Stanley Ugagbe, the government through the police accused Secrets Reporters of leaking government documents through its medium and spying on the government to foreign countries, a claim the publisher has denied.
As at the time of filing this report, the publisher has stated that he’s currently not in Nigeria and will answer the invitation as soon as he gets back to the country.
BEHIND THE SCENCES
Kidnapped SecretsReporters Journalist Stanley Ugagbe Found at Police Headquarters After 48 Hours Blindfolded Over Government Secrets Leak and Petition by CBN Deputy Governor Emem Usoro
Secrets Reporters
Fresh details have emerged regarding the whereabouts of abducted SecretsReporters journalist, Stanley Ugagbe, who was allegedly seized by armed men in mufti on his way home before being taken to his residence, where his laptop and mobile phone were confiscated.
SecretsReporters has obtained videos showing masked security operatives handcuffing and taking Ugagbe away. According to information available to this newspaper, he was intercepted by armed men in Karu, Abuja, while returning home from official training on Wednesday, July 1, 2026, at about 6:00 p.m.
Policemen in masks abducting Journalist Stanley Ugagbe
The operatives handcuffed him, took him to his residence in Jikwoyi, seized his work laptop and phone, blindfolded him and drove him to an undisclosed location.
As earlier reported by this newspaper, Ugagbe’s arrest is believed to be connected to a report published by SecretsReporters titled: “EXCLUSIVE: CBN Deputy Governor Emem Usoro Linked to N3.6bn Los Angeles Property Amid Questions Over Asset Declaration Compliance (Part 2).”
Sources said Ugagbe remained blindfolded throughout the night at the first location until Thursday, July 2. He was then driven to another facility, still blindfolded, before the blindfold was removed. SecretsReporters has since established that the facility was the National Cybercrime Centre (NCCC).
Sources within the NCCC told SecretsReporters that one of the petitions against the journalist was submitted by the Deputy Governor of the Central Bank of Nigeria, Emem Usoro, who reportedly alleged that he published false information about her.
According to the same sources, a second petition, allegedly submitted anonymously, accused the journalist platform of leaking sensitive government information and official secrets considered detrimental by the authorities.
During questioning, Ugagbe reportedly maintained that, as a reporter, he was assigned stories by the management of SecretsReporters and was not the custodian of the source materials used in preparing some investigative reports, as all investigations belongs to the organization.
The sources further stated that he noted that laptops, communication devices and other equipment used by him and other reporters in carrying out their official assignments are company property belonging to SecretsReporters.
Meanwhile, an examination of Ugagbe’s mobile phone call records obtained by SecretsReporters showed that his phone was switched on by security operatives at about 4:00 a.m. on July 2. During that period, four calls were received but went unanswered before the device was switched off again.
The Police is yet to officially own up to kidnapping the journalist.
General News
Exclusive: Ex Militant Tompolo Moves Niger Delta Traditional Rulers To Beg President Tinubu Over N2.1 Trillion Pipeline Surveillance Contract Renewal
Secrets Reporters
The battle for the renewal and cancellation of the N2.1 trillion pipeline surveillance awarded to two companies owned by two cousins namely Tantita Security Services Limited and Maton Engineering Limited has shifted to Abuja.
SecretsReporters can exclusively report that the decentralization of the pipeline surveillance championed by social activist and businessman, Tega Oghenedoro, popularly known as Fejiro Oliver, has led to President Bola Tinubu giving his words to stakeholders that he will split the contract along ethnic line, which has caused worries to Government Ekpemupolo aka Tompolo, who owns Tantita Security company covering the Western Corridors of the pipeline contract. His cousin Matthew Tolangha owns Maton Engineering Limited that covers the central corridor.
To convince the President that his company Tantita be solely responsible for holding the multi trillion Naira contract while subleasing to other minor companies, we can authoritatively report that he has bought flight tickets and reserved hotel accommodation for almost all the Niger Delta traditional rulers, apart from the first class kings who refused the gestures, to meet the President next week Thursday in Abuja. They will be leaving for Abuja on Wednesday, revealed several traditional rulers to this medium. The contract is due for renewal in August 2026 but has faced opposition from major stakeholders under the banner of ‘Guard your pipeline and I guard my own’, led by Fejiro Oliver and former Niger Delta agitators like HRM Ateke Tom, Victor Ben aka General Boyloaf, Ajube aka Shoot at Sight, Ateke Tom and many others. Recently, Niger Delta stakeholders such as Ayiri Emami and Diden Michael aka Ejele also joined in the call for the decentralization of the pipeline surveillance.
“We have been promised $5,000 per person after seeing Mr President, which is different from our already paid return flight tickers and hotel accommodation. We should be around hundred selected kings that will meet the President to discuss Niger Delta issues, pass a vote of confidence on Tinubu, endorse him for a second term, even though we know the main purpose is to tell him to give the contract back to Tompolo next month” narrated a king who craved anonymity. An estimated cost of the logistics and welfare package means over N5 billion may be spent by the warlord on the king’s alone.
The meeting we gathered was made possible by the embattled Chief of Staff, Femi Gbajabiamila, who is facing national heat for allegedly demanding for over Ten billion Naira bribe from Prince Adeyemi ‘fake’ Presidential Investment Council and the National Security Adviser, Nuhu Ribadu, who is at the forefront of ensuring that the contract is awarded back to Tompolo despite obvious resistance from the region.
The National Assembly committees on Gas, Midstream, Upstream and Downstream recently passed a vote of confidence on Tantita, a move condemned by stakeholders led by Ijaw Youth Council President, Theophilus Alaye during a two hour live coverage on national television.
Since the award of the contract to the ex militant, local oil bunkering has reduced drastically, yet oil production has been below the OPEC benchmark.
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