A former Managing Director of the Nigeria Export-Import Bank (NEXIM), Robert Orya, has been sentenced to a cumulative 490 years in prison for a ₦2.4 billion fraud.
The Economic and Financial Crimes Commission (EFCC) announced the conviction in a statement on its official X account on Thursday. The Federal High Court in Abuja, presided over by Justice F.E. Messiri, found Orya guilty on all 49 charges brought against him.
The court handed down a sentence of 10 years imprisonment for each count, amounting to a total jail term of 490 years. The prosecution, led by EFCC counsel Samuel Ugwuegbulam, successfully proved the case.
The EFCC’s statement read: “The EFCC, today, February 5, 2026, secured the conviction of Robert Orya, a former Managing Director, Nigerian Import Export Bank, NEXIM (2011-2016), for a fraud of about N2.4 billion. Orya… 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.”
Orya served as the head of NEXIM between 2011 and 2016.
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