Former NEXIM MD Robert Orya Sentenced to 490 Years for ₦2.4bn Fraud
The Federal High Court in Abuja has sentenced former Managing Director of the Nigeria Export-Import Bank (NEXIM), Robert Orya, to a cumulative 490 years in prison over a ₦2.4 billion fraud case. The Economic and Financial Crimes Commission (EFCC) confirmed the conviction in a statement shared on its official X handle on Thursday, February 5. According to the commission, Justice F.E. Messiri found Orya guilty on all 49 counts brought against him. Orya, who headed NEXIM between 2011 and 2016, was sentenced to 10 years’ imprisonment on each of the 49 counts, following successful prosecution by EFCC counsel, Samuel Ugwuegbulam. “The EFCC, today, February 5, 2026, secured the conviction of Robert Orya, a former Managing Director of the Nigerian Export-Import Bank (2011–2016), for a fraud of about ₦2.4 billion,” the statement said. Justice Messiri’s ruling marked the conclusion of a long-running trial, with the court holding that the prosecution proved its case beyond reasonable doubt.