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Robert Orya, the former Managing Director of the Nigeria Export-Import Bank (NEXIM), has been sentenced to 490 years in prison for a ₦2.4 billion fraud.
The Federal High Court in Abuja handed down the sentence, with Justice F.E. Messiri sentencing Orya to 10 years for each of the 49 counts of fraud brought against him. Orya led NEXIM from 2011 to 2016.
The Economic and Financial Crimes Commission (EFCC) confirmed the ruling in a statement posted on its official X handle on Thursday, February 5, 2026.
EFCC prosecution counsel Samuel Ugwuegbulam successfully proved the case, resulting in Orya’s conviction on all 49 charges.
The EFCC statement read:
“The EFCC today, February 5, 2026, secured the conviction of Robert Orya, a former Managing Director of NEXIM (2011–2016), for a fraud of about N2.4 billion. Orya, 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 counts.”
