A Federal High Court in Abuja has denied bail to the Bauchi State Commissioner for Finance, Dr Yakubu Adamu, and three other defendants standing trial over alleged terrorism financing.
Dr Adamu and the co-defendants are being prosecuted by the Economic and Financial Crimes Commission (EFCC) on charges bordering on the alleged financing of terrorist activities to the tune of $9.7 million.
The antigraft agency revealed this in its official Facebook page Monday afternoon.
The defendants were earlier arraigned on 31 December 2025 before the court on multiple counts relating to terrorism financing.
At the bail hearing, the prosecution urged the court to refuse the application, arguing that the charges were serious and posed national security implications.
In his ruling, the judge agreed with the prosecution and held that the nature of the allegations and the stage of the proceedings did not justify the grant of bail at this time.
The court subsequently ordered that the defendants be remanded in custody pending the determination of the case and adjourned the matter to a later date for continuation of trial.
The denial of bail follows the EFCC’s ongoing investigations into alleged terrorism financing networks across parts of the country.
According to the anti-graft agency, the case against Dr Adamu and the other defendants centres on the alleged movement and utilisation of $9.7 million, which investigators believe was intended to support terrorist activities.
Terrorism financing is classified as a serious offence under Nigerian law, particularly the Terrorism (Prevention and Prohibition) Act, which imposes strict penalties on individuals or entities found guilty of providing financial or material support to terrorist organisations.
The EFCC has said it will continue to pursue cases linked to terrorism financing and other national security–related financial crimes, stressing that no individual is above the law.
The trial is expected to resume on a date to be communicated by the court.
