Ex-Nigerian NSA linked to $1m US horse farm – Report

 

A new investigation by the Platform to Protect Whistleblowers in Africa has uncovered that a former Nigerian National Security Adviser purchased a 127-acre horse farm in South Carolina in 2002 using questionable funds.

According to the report published on February 24, 2025, at the time of the purchase, the ex-NSA was the head of the Nigerian Security Printing and Minting Company, responsible for printing the nation’s currency.

The investigation, conducted in collaboration with the Organized Crime and Corruption Reporting Project, The Post and Courier in South Carolina, and The Houston Chronicle* in Texas, reveals that the ex-NSA’s wife applied for an American investor visa using the farm purchase as a basis.

The report stated that in her application, she told U.S. officials that the funds came from a $1m lobbying contract the ex-NSA allegedly secured as head of Nigeria’s Mint to influence officials in Ghana on behalf of a Texas oil company.

The report added that the U.S. authorities rejected the visa application, citing concerns over the source of the funds, though no further action was taken against the farm.

The report partly read, “Former Nigerian National Security Adviser purchased a 127-acre horse farm in South Carolina in 2002.

 

“At the time, he served as the head of Nigerian Security Printing and Minting, which was charged with, among other duties, printing Nigeria’s currency.

“In an application for an American investor visa based on their million-dollar investment in the horse farm, the ex-NSA’s wife told the US government that her husband obtained the funds through a lobbying contract he had as head of Nigeria’s minting operation. She told US officials that the ex-NSA was paid USD 1 million to lobby officials in Ghana on behalf of a Texas-headquartered oil company that sought access to an offshore oil platform, which took place during the time when ex-NSA was the head of Nigeria’s Mint.

“ In rejecting the visa application, the US government raised serious questions about the source of the funds used to purchase the property. Still, there is no indication the government took any further action concerning the farm.”

The report noted that the property was transferred to the ex-NSA’s wife, adding that it is now rented out as an Airbnb and wedding venue.

“The farm, which the ex-NSA transferred into his wife’s name, includes an equestrian centre described as having 55 stalls, 16 paddocks ranging from small to large, a quarter mile track, stadium ring equipment with jumps, four horses, four barns, and trails throughout. It is now used as an Airbnb rental and wedding venue,” the report added.

Related Posts

SERAP gives CBN 7 days to account for allegedly diverted $6.23m election funds, ₦1.63trn other public funds

  The Socio-Economic Rights and Accountability Project (SERAP) has given the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, and the CBN seven days “to account for…

Tinubu Files Case In US Court To Block Release Of Alleged Drug Trafficking Record — Lawyer

  President Bola Tinubu has filed a challenge in a US court to prevent the U.S. Department of Justice, FBI and DEA from releasing records linked to allegations of drug…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

NDLEA Arrests Newlywed With 72 Wraps Of Cocaine At Enugu Airport

  • By admin
  • September 27, 2026
  • 3 views
NDLEA Arrests Newlywed With 72 Wraps Of Cocaine At Enugu Airport

Man allegedly kills 80-year-old father in Katsina

  • By admin
  • September 27, 2026
  • 3 views
Man allegedly kills 80-year-old father in Katsina

SERAP gives CBN 7 days to account for allegedly diverted $6.23m election funds, ₦1.63trn other public funds

  • By admin
  • September 27, 2026
  • 6 views
SERAP gives CBN 7 days to account for allegedly diverted $6.23m election funds, ₦1.63trn other public funds

Trump Rejects Iran Proposal For Deal To Reopen Hormuz

  • By admin
  • September 27, 2026
  • 5 views
Trump Rejects Iran Proposal For Deal To Reopen Hormuz

Gunmen kill miners in Plateau

  • By admin
  • September 27, 2026
  • 12 views
Gunmen kill miners in Plateau

Nigerian man shot dead in South Africa

  • By admin
  • September 24, 2026
  • 9 views
Nigerian man shot dead in South Africa