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February 26, 2024 Over 5000 Petitions, N60bn Has Been Received Within First 100 Days – EFCC Boss

Over 5000 Petitions, N60bn Has Been Received Within First 100 Days – EFCC Boss

The Chairman of the Economic and Financial Crimes Commission; EFCC, Mr Ola Olukoyede, says the anti-graft agency received over 5,000 fraud petitions and recovered N60bn loot within its first 100 days of his assumption of office of which 3,000 has been approved for investigation. President Bola Tinubu appointed Olukoyede EFCC chairman on October 12, 2023. He replaced Abdurasheed Bawa, an appointee of ex-President Muhammadu Buhari, who was suspended, detained, and booted out of office by Tinubu. Olukoyede, speaking on Saturday in Lagos as the guest lecturer at the 20th-anniversary lecture of the Human and Environmental Development Agenda Resources Centre, said the EFCC had recovered over N60bn and $10m, in less than four months since he assumed office. He said, “When we set out to investigate, people see it as a fight between EFCC and the rest of us. It should not be so. How much will the EFCC do? “How much will the ICPC do with its staff strength? I have less than 4,800 staff. I am talking of an agency that is serving people who are over 150 million. “All we have to do is investigate and present the facts before the court. I will not be the one to give judgment. That is where we have collective responsibility. When you see something, you say somethingThe issue is we are working as if we are not working. Upon my assumption of office between then and now, I have received over 5,000 petitions. I am not talking of just the one we received, but the one that we have checked and we discovered that there was substance in it. That is just for one agency, the EFCC.  “As I am talking to you I have approved the investigation of over 3,000 cases in less than four months, but what is our capacity? How many staff do we have? What resources do I have access to? “In less than four months, we secured convictions of 700 and recovered over N60bn and over $10m. “If I am able to recover over N60bn in less than 100 days, you can imagine how much has been stolen. “I can tell you that for the billion that has been recovered, a trillion has been stolen.” On his part, the Chairman of HEDA, Mr. Olanrewaju Suraju, noted that the anti-corruption fight had been challenging and urged all Nigerians to join the fight.   “We need an effective policing system with integrity, then the court must not continue to discharge persons with corruption cases still hanging on their necks,” Suraju said.
February 25, 2024 ECOWAS Gives Reasons for Lifting Ban on B/Faso, Mali & Niger

ECOWAS Gives Reasons for Lifting Ban on B/Faso, Mali & Niger

The Economic Community of West African State​s (ECOWAS) says the decision to lift sanctions on Mali, Niger, and Burkina Faso was based on the need to maintain regional unity and security. D​r Omar Touray, President of the ECOWAS Commission said this at the end of the extraordinary session of the Heads of State and Government of ECOWAS on Saturday in Abuja. He said that the authority took note of the period of Lent and the approaching month of Ramadan and the impact on citizens, adding that pleas were also received from prominent leaders including retired Gen. Yakubu Gowon. ”The authority takes note that the withdrawal will have political, social, socio economic, financial and institutional implications for the three countries as well as for ECOWAS as a region. ”The authority recalls that within the framework of regional cooperation against terrorism, violent extremism and organised crime, the three countries benefited from about 100 million US dollars mobilised by UMR within the context of ECOWAS plan of action against terrorism.Moreover, some funds allocation, about 7.5 million U.S. dollars is being made towards supporting the three countries in acquiring the equipment to help their fight against terrorism. ”The withdrawal will affect security cooperation in terms of sharing intelligence and participation in regional counterterrorism initiatives. ”Such as the Accra initiative, and the Multinational Joint Task Force,’‘ he said. Touray added that the withdrawal of the countries from the sub-regional bloc would lead to diplomatic and political isolation at the international scene where the countries have obtained support for their candidates in the contest for international positions. ”The authority recognises that the withdrawal will automatically affect the immigration status of the citizens, as they may be required to obtain visas to travel around the region. ”Citizens may no longer be able to reside or set up businesses under ECOWAS arrangement and may be subject to diverse national laws. Even though they represent 10% of the region’s GDP, their departure will constitute a reduction of the market size of ECOWAS. He said that the sanctions were lifted to promote trade and benefits derived from​several regional projects and programmes including the Regional Food Security Reserve. ”The regional support programme for powerful pastoralism in the Sahel, which is being funded by the World Bank to the tune of 215 million US dollars is also a project that benefits the three countries.The three countries also benefit from the Sahel regional irrigation support programme, which is being funded by the World Bank to the tune of 103 million US dollars. ”The three regional food systems resilient support programme in the amount of 230 million, funded by the World Bank is also benefiting the three countries. ”West African single identity and regional integration and inclusion project is another programme that the three countries benefit from.” He said that other projects the countries benefits from are the ECOWAS regional electricity market, West African Power Pool project, which links member states to a regional electricity grid for improved access to electricity. He said not lifting the sanction would result in the halt or the suspension of all ECOWAS projects and programmes worth more than 500 million US dollars.
February 25, 2024 80% of Nigeria’s Crude is Stolen – Obasanjo

80% of Nigeria’s Crude is Stolen – Obasanjo

Former President Olusegun Obasanjo says over 80 per cent of Nigeria’s crude oil were stolen annually. Obasanjo stated this in Abuja at the launching of a book writer by Dr. Umar Ardo titled, ‘Court and Politics,’. According to the former president, one of the reasons why Nigeria’s economy is in ruins is that while other oil-producing countries have records of their oil production, Nigeria cannot account for hers due to theft. Obasanjo, who was represented by a former governor of Niger State, Babangida Aliyu, said crude oil theft is one of reasons the Nigerian economy would be in ruins. The former president said “while the crude oil quota is about two million barrels per day, over 1.7 million are stolen”
February 22, 2024 Soldiers killed man behind Yauri schoolgirls kidnap – Army

Soldiers killed man behind Yauri schoolgirls kidnap – Army

Troops from the 1 Division of the Nigerian Army successfully eliminated the notorious bandit kingpin known as Boderi in a strategic operation on Wednesday. Boderi, allegedly responsible for orchestrating several high-profile kidnappings, including the incidents involving the Yauri school girls, Greenfield University, and the Nigerian Defence Academy attacks, was reportedly killed alongside another kingpin, Bodejo, during the ambush. The Director of Army Public Relations, Maj-Gen. Onyema Nwachukwu, revealed this development in a statement dated February 22, 2024. The operation took place through an ambush along the Bada – Riyawa axis on the Kaduna – Birnin Gwari Road. In the engagement, the troops neutralized six insurgents, seized 2 AK 47 rifles, 5 AK 47 rifle magazines, 300 rounds of 7.62mm Special ammunition, and destroyed 19 motorcycles onsite. Nwachukwu emphasized that efforts are underway to verify the demise of the notorious bandit kingpin Boderi, with ongoing intelligence activities. In a separate mission covering the Igabi, Giwa, and Birnin Gwari Local Government Areas of Kaduna State, troops from the 1 Division neutralized insurgents and recovered additional firearms and ammunition in encounters with the insurgents. The army continues to project ongoing operations to eliminate insurgents from these areas, bringing relief to the local population. During a routine patrol along the Maganda-Dausayi – Mugaba axis, army troops engaged insurgents in a firefight. Although the exact number of insurgents couldn’t be determined, the troops neutralized two of them and confiscated 1 AK 47 rifle, 1 AK 47 Magazine, 3 rounds of 7.62mm Special ammunition, a Techno phone, 3 Hilux and motorcycle keys, suspected marijuana, tramadol tablets, and 13,200 Naira in the one-hour-long gun duel. The statement highlighted that insurgents employed rustled herds of cattle as shields during the firefight, resulting in some livestock casualties. The army remains committed to pursuing fleeing insurgents and ensuring the area of responsibility is free from armed violence. Maj-Gen. Onyema Nwachukwu urged the public to continue cooperating with the Nigerian Army and other security agencies in the ongoing efforts against terrorism and insurgency in the country.

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