Ex-NEXIM Boss Sentenced to 490 Years in Jail

A Federal High Court in Abuja has sentenced a former managing director of the Nigeria Export-Import Bank, Robert Orya, to a total of 490 years in prison over a ₦2.4 billion fraud case.

This was revealed by the Economic and Financial Crimes Commission (EFCC) in a statement posted on its X handle on Thursday.

EFCCN said on Thursday that Justice F.E. Messiri convicted Orya on all 49 counts brought against him.

Ex-NEXIM Boss Sentenced to 490 Years in Jail. Credit: ThisDay

Orya, who was NEXIM’s managing director from 2011 to 2016, was sentenced to 10 years in prison on each count, for a total of 490 years, according to EFCC.

“The EFCC, today, February 5, 2026, secured the conviction of Robert Orya, a former Managing Director of the Nigerian Import Export Bank, NEXIM (2011-2016), for a fraud of about N2.4 billion,” EFCC said.

“Orya, who was prosecuted by EFCC’s Samuel Ugwuegbulam, was convicted by Justice F.E. Messiri of the FCT High Court, Abuja, and sentenced to ten years imprisonment on each of the 49 count charges.”

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Jimisayo Opanuga

Jimisayo Opanuga is a web writer in the Digital Department at News Central TV, where she covers African and international stories. Her reporting focuses on social issues, health, justice, and the environment, alongside general-interest news. She is passionate about telling stories that inform the public and give voice to underreported communities.