The offences according to the prosecutor, Sergeant Friday Memeh, who stood in for Inspector Stephen Molo, are contrary to sections 363, 366(1) and 168(d) and punishable under sections 376 of the criminal laws of Lagos state of Nigeria, 2015.
The two men however pleaded not guilty to the charges.
In view of their plea, the prosecutor, urged the court to remand them in prison custody pending trial.
But their lawyers, Ehiwele and Chibuzor Nwakobi, pleaded with the court to grant their clients bail in the most liberal terms.
The presiding Chief Magistrate, Mrs. Oshin, subsequently, admitted them to bail in the sum of N250, 000, with one surety each.
The surety according to the Chief Magistrate, are to file before the court evidence of three years tax payable to Lagos state government, alongside means of livelihood, while their residential addresses must be verified by the prosecutor.
The matter has been adjourned till May 17, mention.
The Chief Magistrate however ordered that the accused persons be remanded in prison custody pending the fulfilment of the bail terms.