The accused are arraigned on a five-count charge bordering on conspiracy, stealing and break-in.
The accused — Paul Achong, 31; Ugochukwu Anorue, 26; Sunday Eze, 36; and Kingsley Obumneme, 33 — are arraigned on a five-count charge bordering on conspiracy, stealing and break-in.
They all pleaded not guilty to the charges brought against them.
Police Prosecutor Chinalu Uwadione had told the court that the accused committed the offences between January and April at No. 10, Adewale Crescent, Oshodi.
He said the first accused, Achong, had broken into the warehouse of Fembosco Engineering Company at Oshodi and stolen iIndoor brilliant lights, energy saving lights and other electrical items valued at N10 million.
The three other accused are alleged to have received the stolen items from Achong.
The offences contravened Sections 287, 309, 328 and 411 of the Criminal Law of Lagos State, 2015 (Revised).
The Magistrate, Mrs A.S. Okubule, admitted the accused to a bail sum of N500,000 each with two responsible sureties each in like sum, who must show proof of tax payment in the last two years.
The case has been adjourned until June 21 for trial.