Politics
Former minister breaks silence, explains the reason for his dismissal.
Abdullahi Gwarzo, the former Minister of State for Housing and Urban Development, has stated that his dismissal by President Bola Tinubu was not due to any performance-related issues.....Read Full Article>>
In an interview with BBC Hausa Service, Gwarzo expressed surprise at his removal, emphasizing that he was not found guilty of any misconduct or poor performance during his time in office.
“I was surprised because I wasn’t found guilty of any wrongdoing or underperformance,” Gwarzo said. “As Minister of State, my role was largely supportive, with the senior minister overseeing most of the ministry’s activities.”
According to DailyTrust, Gwarzo revealed that President Tinubu had informed him of his dismissal in advance, citing an overload of political appointees from Kano North as the reason. Gwarzo also mentioned that while advice was provided, it was not taken into account, leading him to believe that other individuals may have influenced the decision, as the given reason seemed unconvincing.
Recall that Bayo Onanuga, the President’s Special Adviser on Information and Strategy, explained that the dismissal of several ministers was based on a performance review driven by public perception.
Onanuga said that the review was led by Hadiza Bala Usman, the President’s Social Adviser on Policy, who conducted a performance appraisal using technology. Nigerians were invited to rate the ministers’ effectiveness, and the results were based on public feedback.
“Hadiza brought technology to it, asking Nigerians to score the ministers,” Onanuga said. “The results were based on empirical facts, the public perception of these ministers, and it was the people who actually did the scorecard. The President acted on those results.”
Politics
BREAKING: Amended NDLEA Act – NASS replaces death sentence with life imprisonment for drug trafficking
At least three persons lost their lives have from a clash between farmers and herders in the Dogon Duste community of Nasarawa State. DAILY POST reports that the community is between Nasarawa and Toto Local Government Areas of the state.....Read Full Article>>
The Nasarawa State Police Commissioner, CP Umar Nadada, confirmed the incident in Lafia on Thursday. “The Divisional Police Officer (DPO) received a report that there was a clash between farmers and herders on Monday, November 18 at about 4:30 pm.
“On reaching there, it was discovered that two people were killed on the farm while four were injured and they were rushed to Primary Health Care for treatment,” he said.
The Commissioner further said that the police also found another corpse in the bush during a search operation, bringing the number of the deaths to three.
According to him, normalcy has returned to the area and investigations are on to get to the root of the matter, added that the police are working with the community to apprehend those responsible for the clash and ensure that they face the law.
Nadada appealed to residents to continue to collaborate with security agencies in its role of ensuring improved security in the state.
He said the protection of life and property is a collective responsibility hence the need for all residents to rally round the command to tackle security challenges.
The CP further said that the Command had made a significant progress in the fight against insecurity in the state.
“We have already developed an action plan that revolves around collaborative policing after a careful study of the trend of the crime pattern in the state.
“The state is adjudged to be one of the most peaceful in the country because of the collaborative strategy with the communities and the support from the state government,” he added.
Politics
Senate will participate fully in Wayas’ burial — Akpabio
Nigeria’s Senate President, Godswill Akpabio, has said the 10th Senate will participate fully in the burial of the former Senate President, Dr Joseph Wayas.....Read Full Article>>
Akpabio gave the assurance when a delegation of leaders from Cross River State, led by former Justice Minister Chief Kanu Agabi, paid him a courtesy visit to formally invite the Senate to be part of the burial.
Akpabio told his guests that the Senate would be “part and parcel of all the ceremonies,” describing it as “a celebration of life.” He said: “We will be very delighted, as the 10th Senate, to be part of it.
We have planned to be part of it. In fact, we plan to hold a valedictory session for him on the 28th of November, 2024 and thereafter, we will follow you to Calabar for the Night of Tributes.
“We will want to take part fully in the ceremonies. Your coming is almost like an icing on the cake. It’s like showing respect to the institution of the National Assembly. We don’t take that for granted.
“Even if you did not come, we will still have come to you, but your coming has further added impetus because when you are invited to a function, your legs are strengthened.
“We are going to do everything possible to collaborate and work with you to own this event.”
He described Wayas, who was Nigeria’s first Senate President of South-South extraction, as a trailblazer, a man of style, candour and a charismatic Senate President.
Earlier, Chief Kanu Agabi, who led the delegation, appealed to the Federal Government to take over the burial of Wayas.
“Let the government bury Joseph Wayas. The state government has been struggling with it. Let the Federal Government step in. That is why we are here,” Agabi said.
The former Attorney-General of the Federation said, that because of the delay in burying Joseph Wayas, who died on November 30, 2021, it looked to some people as if he had died several times.
Agabi said those who are familiar with history would know how long it took great men like Jamaican artist Marcus Garvey, former President of the Democratic Republic of the Congo, Mobutu Sese Seko and even Joseph in the Bible to be buried.
“It has taken some time with Wayas and it is beginning to look as if it’s embarrassing. It is the way of great men,” Agabi said.
Politics
BREAKING: Edo – PDP, APC in war over invasion of secretariat
The leadership of the Edo State chapter of the Peoples Democratic Party, PDP, and that of the All Progressives Congress, APC, are again in a verbal war, not on the outcome of the last September governorship election but on the alleged attack of the former’s secretariat in Benin City.....Read Full Article>>
DAILY POST reports that PDP on Thursday alleged that a member of APC mobilised some youths to invade its secretariat. A statement by Chris Nehikhare, the publicity secretary of the Edo PDP Caretaker Committee alleged that the thugs were led by a relative of the APC’s state youth leader.
Nehikhare said the invaders destroyed and carted away properties worth millions of naira. He said the political thugs also destroyed doors, windows, and office equipment at the party’s Secretariat.
According to him, several electronics, computers and other valuable items were also carted away by the thugs, who ransacked the building with the plan to attack any person in the building.
While condemning the attack, he opined that it was a desperate and reckless attempt by APC to intimidate PDP and frustrate the party’s efforts at reclaiming its mandate stolen at the September 21 governorship election.
“It is quite disappointing and unfortunate that the APC, on Thursday, mobilised thugs to attack our party Secretariat in their desperation to frustrate and halt efforts by our great party to reclaim the mandate duly given to it by the Edo people at the September 21 governorship election.
“If the APC are confident that they won the election free and square and have nothing to hide, why are they jittery and mobilising thugs to attack the PDP Secretariat? This is barbaric and totally condemnable,” he said.
He urged the relevant security agencies to thoroughly investigate the attack and ensure that the perpetrators of the dastardly act are brought to book.
He noted that PDP remains resolute and would not be intimidated or deterred in its pursuit of justice and the restoration of its mandate.
Nehikhare called on members of the party and supporters to remain calm and be resolute in the face of the provocations as the leadership of the party is exploring every legal channel to reclaim its mandate.
Reacting, the publicity secretary of the APC, Peter Uwadiae-Igbinigie, described the allegation as baseless and urged PDP to settle its internal crisis, warning that it should not drag the APC into its messy affair.
Uwadiae-Igbinigie opined that it was absurd to label those who allegedly attacked the PDP office as APC thugs, wondering if the thugs wore APC uniforms or had APC paraphernalia on them.
“APC government in the state has already embarked on a project the PDP government failed to carry out. We are still basking in the euphoria of our victory and putting the state on the right path.
“How can the PDP say that the thugs that attacked their party secretariat are those of APC? Did the people have anything on them to show that they are APC members? The allegation is baseless and there is no proof.
“The allegation is weighty and criminal in nature so the PDP should be sure they have proof before making the allegation. We will urge the PDP to sort out its internal problem and not drag the APC into it.
“The APC government in the state is already embarking on projects that the PDP failed to do. These are projects that will better the lives of the people,” he said.
Politics
There is no nation that can prosper without investment in youths – VP, Shettima
The Vice-President, Kashim Shettima has declared Nigerian youths the only vehicle for developing the country, insisting no nation can prosper without investing in its youths.....Read Full Article>>
The Vice President asserted that most of the goals the government hopes to achieve locally and globally will be unattainable until the active innovation, involvement and energy of youths are utilised.
Shettima who was represented by the Deputy Chief of Staff to the President, Senator Ibrahim Hadejia, made the assertions at the inaugural Pan-African Legacy Conference of the Mandela Washington Fellowship Alumni Association of Nigeria, MWFAAN. Commending the Mandela Washington Fellows for their innovations, the VP said there can be no future without preparing the youth to shoulder the burden of leadership.
He said, ‘This understanding informs our agenda to not only bring the youth closer but also to ensure that they have a seat at every table where decisions that shape the life of this nation are made.
”They are the vehicles for our development projections and the change that links our policies to the future. A functional nation is formed from a mix of generations blending experience with fresh ideas and seething wisdom with youthful innovation.
Speaking on the theme of the conference, ‘Shaping the Future of Africa through the AFCT and the Agenda 2063,’ Farida Yahaya, president of the association in Nigeria, said,’ It is time for African youths to come home and rebuild.
”We know that Africa has the best future ahead of us, we know that Africa has the best future ahead of us, we know that Africa has the largest young people in the world and it is projected to actually be the leading workforce of creativity and innovation by 2050.
”When we talk about the AFCTA, which is the Africa Free Continental Trip Area and the Agenda 2063 of the EU, a lot of young people seem to be confused about where to go to, how to take action and how to get support. We believe that this conference today would mark the beginning of a ripple effect and conversations that would make sure we take action to support people who are in far-reaching places.
”I want to remind you that we must continue to leverage our network, skills and resources to drive sustainable development, foster social cohesion and inspire the next generation of leaders. We must also think beyond ourselves and consider the legacy we want to leave for our future generations”.
Meanwhile, the Charge d’ Affaires to the United States Ambassador to Nigeria, David Greene, has asked more Nigerian youths to aspire to be part of the Mandela Washington Fellowship, saying with Nigeria’s population, more young persons can be accepted into the program.
I was told that there are about 6500 give or take Mandela Washington Fellows around the continent over the 10 years of the program, and there are just over 600 of them from Nigeria. That’s pretty impressive. But as we know, one in four or five Africans is a Nigerian. So I think we see that Nigeria is only 10% of the MWF. Nigerians are underrepresented, and we need to work on that clearly.
Politics
BREAKING: Ajayi rejects results, says ‘APC, INEC perpetrated criminality in guise of election’
Ondo: Ajayi rejects results, says ‘APC, INEC perpetrated criminality in guise of election....Read Full Article>>
THE 2024 Ondo State Governorship Candidate of the Peoples Democratic Party, PDP, Chief Agboola Ajayi, has rejected the result of the election declared by the Independent National Electoral Commission, INEC, on Sunday, and vowed to seek justice at the tribunal.
Ajayi, in a statement by his Special Adviser, Ayo Fadaka, said that he kept silent since poll results were announced to enable him to investigate ‘contents of criminality perpetrated by both the victorious All Progressives Congress, APC, and the INEC. He said: “We have uncovered lots of actions undertaken to compromise the electoral desires of the people and sadly conclude that democracy cannot thrive in an environment where unabated criminality is perpetually perpetrated in the prosecution of an election by the agency(INEC) saddled with the onerous and sacred responsibility to protect our franchise and deliver its mandate at the end of every election.
“November 16th election, like every other election conducted by INEC since APC assumed power in 2015 continues in the tradition of hijacking the process and delivering results that are diametrically in contrast with expressed electoral desires, thus resulting in promoting voters’ apathy and total disenchantment with the electoral process.
“While not divulging the nature and extent of the results of our investigations for now, our only prayer is that those who possess the privileges to determine the fate of people and nation should begin to live up to expectations and fear God in the interest of our nation, its wellness, peace and tranquility, else they be reduced to same level of criminals and bandits, who continuously lay landmines that undermine the progress of our nation.
“We particularly call on the Judiciary to brace up and perform the sacred and onerous responsibilities to guarantee the portability of justice to people and institutions that seek it, the nation and people will appreciate that.
“Nigeria is currently described as a failed state, it is our prayers that it is revived, re-birthed and resounding again as a nation that will not only hold promises of a better day for its people but actually deliver on the same.
“Thus honesty must propel institutions and government, else revolt will one day dictate unwholesome developments that will portent dire consequences.
“In summary, we reject the results of the November 16 election and will take legal actions to reverse the debauchery. That is the option available to us and we are hopeful that man and God who is the ultimate will give us justice. It is time we begin to eschew criminality from our electoral process.”
IDA lauds Aiyedatiwa’s victory
Meanwhile, a foremost socio-cultural group in Idanre, the Idanre Development Assembly, IDA, has congratulated Governor Lucky Aiyedatiwa on his victory.
The group in a letter addressed to the governor by its President-General, Dr Anthony Omolola, described Aiyedatiwa’s victory as a clear demonstration of the fact that the people of Ondo State are solidly behind him.
“You have made history in Ondo State by winning the 18 local government areas in the governorship election, hence the task before you is enormous but I believe with God and the support of the good people of Ondo State, you will succeed.
“Let me use this opportunity to commend and thank you for your promise to dualise Akure-Idanre road, which will boost the huge untapped tourism potentials in Idanre with positive consequences on the community and the state in general.” the letter read in part.
Aiyedatiwa’s victory, a good omen —Kayode, Ex-Defence minister
Also, former Defence Minister, Tokunbo Kayode, SAN, has described the victory of governor elect as a good omen for the people of the state.
His words: “ This is a good omen for the people of Ondo State as there would be tremendous development in all sectors in the state. Our people expect this.
“I also want to commend INEC as well as the security agencies for efficient implementation of the constitutional guidelines in the conduct of the election.”
While congratulating the people of the state for voting for Governor Aiyedatiwa, he said the outcome of the election was true reflection of the people’s will and it validated the acceptability of Aiyedatiwa.
Victory’s well deserved —Ojogo, Adefarati
Two members of the House of Representatives, Hon Donald Ojogo representing Ileja/ Ese- Odo Federal Constituency and Hon Adegboyega Adefarati, representing Akoko South East/ Akoko South-West constituency, described the victory of the Governor- Elect as well deserved.
Ojogo said the election results validated the people’s love and appreciation of Aiyedatiwa’s dedication and hard work. “This massive turnout is a reciprocal gesture by the Arogbos for the kindness and support they received from the people of Ilaje in the previous election, which led to Hon. Ojogo’s historic win as the first Arogbo to occupy a seat in the House of Representatives in Abuja.”
Also, Adefarati in a congratulatory message, commended the people of Ondo State for reposing their trust in Aiyedatiwa’s leadership to steer the state towards greater prosperity for another four years.
He noted that the victory is not just a testament to the Governor’s outstanding leadership but also an affirmation of his unwavering commitment to the development and well-being of the people.
Results reflects people’s will —Foreign observer group
Meanwhile, a foreign observer group, International Police Chaplain Sustainable Development and Law Enforcement Inc. USA, said that the results of the election truly reflected the records of the ballot boxes at the polling units.
Its spokesperson and Director of Administration and Organisations at the African Regional Command, Mr. Oscar David, said this while presenting its assessment of the poll
David urged candidates and political actors to resort to legal channels in case of contestation and disagreement to sustain social peace and avoid breakdown of law and order.
He said that the election was very peaceful, transparent, credible and successful, with minimal incidents and complaints by party agents at polling units and collation centres.
Politics
Handiwork of Opposition politicians, not IPOB, responsible for violent attacks — Abia Govt
The Abia State Government has blamed oposition politicians for the unprecedented wave of attacks against army personnel in the state. The government alleged that “unpatriotic opposition politicians in connivance with external forces” were involved in promoting the violence.....Read Full Article>>
This accusation came in the wake of the killing of two soldiers last Wednesday at a checkpoint at Ekenobizi, Umuopara, an Abia community in Umuahia South Local Government Area at the border with neighbouring Imo State.
The government’s stance on the latest attack was contained in a statement signed by the Special Adviser to the Governor on Media and Publicity, Mr. Ferdinand Ekeoma, made available to the media in Umuahia yesterday. He announced that the government has launched “a new Counter Offensive,” in order “to decimate every structure of terror erected or being erected in any Abia territory by criminals.”
The SA alluded that the government was out for a total war against perpetrators of violence in Abia State, “hence citizens are enjoined not to harbour any person or persons they do not know, to avoid falling victims.
“It has been firmly established that some unpatriotic politicians, in connivance with some external parties are behind the current wave of violence and crime in the state since the end of May this year.
“The sole agenda is to cause disaffection and distract the government from its focus on the development of the state.”
Ekeoma asserted that based on “tip-off from patriotic citizens and reliable intelligence,” the government has “firmly established” that the opposition with external parties was really behind the growing violence in Abia State.”
With the latest attack, no fewer than eight troops have been killed by hoodlums since the first attack occurred on May 19, 2024, followed by a second one on May 30 which claimed five soldiers. Police personnel have also fallen victim to the bloody attacks.
Ekeoma noted that the attacks constituted a new strategy adopted by the opposition to disrupt governance after “they realised that their initial efforts at churning out lies and fabrications against the government” failed to gel with Abians.
According to him, the Abia State opposition politicians had been engaging in intense and vicious propaganda against the Alex Otti administration, all in the guise of playing opposition politics.
However, the government spokesman said that the “pretentious posturing” of the government’s detractors “has failed to gain currency among Abia people who have thoroughly ignored them and their antics, since they know the truth.”
He stated that the peaceful disposition of Abia State government as “acknowledged locally, nationally and internationally” should not be taken for granted as “we will not yield to blackmail or intimidation.
“It needs to be understood that the government will not sit idly by and watch any person or group of persons unleash violence on innocent and peace-loving citizens of the state,” he said.
Ekeoma, therefore, warned “those behind the attacks on security agents and innocent civilians, including the kidnapping of law-abiding citizens” to retrace their steps or face dire consequences.
He said that the Abia government “will bring its full capacity and institutional forces to bear to smoke out” the people involved in creating anarchy and instilling fear in the minds of Abians and visitors.
“The state government led by Governor Alex Otti is prepared and equal to the task of safeguarding the lives and property of people living in any part of Abia State and will execute this noble obligation to the fullest without let or hindrance,” he assured Abians.
While urging all innocent and peace-loving Abia residents to go about their legitimate businesses without fear or panic, as the government is determined to ensure their protection at all times, Ekeoma stated that criminal elements would be routed.
Politics
BREAKING: Nigeria Must Break Up! Top APC Chieftain Sends Unexpected Message To Tinubu
Dr Adebayo Orire, a chieftain of the All Progressives Congress (APC) in Ekiti State, has called for the dissolution of Nigeria, asserting that the country’ s unity has been a significant obstacle to its development and growth. Speaking during an interview at his residence in Ikoro- Ekiti, Ijero Local Government Area, Dr Orire argued that Nigeria’ s persistent ethnic divisions and lack of unity have stifled progress.....Read Full Article>>
He contended that the country’ s current structure is unsustainable, suggesting that a peaceful breakup would provide an avenue for meaningful advancement. ” A nation like Nigeria cannot go on; it must break up, ” he declared. ” Either it prospers, expands, and flourishes, or it will break up into pieces. The way forward is a breakup without killing and bloodshed. ”
Dr Orire highlighted the growing agitation for secession among various ethnic groups, including the Indigenous People of Biafra (IPOB), certain Yoruba groups, and factions from the Middle Belt. According to him, these movements underscore the country’ s deep- rooted tribal affiliations, which often override any sense of national identity.
” Everybody is either Yoruba, Hausa, Fulani, Igbo, or Efik before they are Nigerian, ” he observed. ” In over 100 years, we have not been able to unite. Why are we forcing ourselves? Why are we acting dumb? ”
He emphasised that tribal loyalty remains a dominant force in Nigeria, making national integration an elusive goal. To address this, he proposed a peaceful dissolution into regional or tribal entities, which he believes could foster genuine development and stability.
Dr Orire also spoke on the administration of President Bola Ahmed Tinubu, expressing both admiration and disappointment. While he acknowledged Tinubu’ s extensive political experience and intellect, he criticised his performance as president, suggesting a gap between his potential and the outcomes witnessed so far.
” Tinubu is a very brilliant, seasoned, and experienced politician, ” he said. ” Call him outside the presidency to proffer solutions, and he’ ll do it in two minutes. I don’ t know what has happened to him now that he is president. ”
In his concluding remarks, Dr Orire reiterated his call for a peaceful breakup of Nigeria, cautioning against any descent into violence or bloodshed. He expressed hope that such a transition could pave the way for the growth and prosperity that have eluded the country in its current form.
Watch video here
This statement by a prominent APC chieftain has added to the ongoing national debate on restructuring, secession, and the future of Nigeria as a united entity. While some may view his remarks as controversial, others see them as a candid reflection of the challenges facing the nation.
Politics
JUST IN: Osun Govt Calls For Arrest Of Officer Who Shot Osun Park Chairman
Osun State Government has raised alarm over the alleged shooting to near death in police custody of the Chairman of Osun Transport Management System, Comrade Iyanda Alowonle, over a domestic matter.....Read Full Article>>
This was contained in a statement issued by Oluomo Kolapo Alimi, Commissioner for Information and Public Enlightenment, on Tuesday.
The statement reads, “Alowonle is presently on life support at the Intensive Care Unit of the Osun State Teaching Hospital after a gunshot wound in the abdomen while in the custody of the police at Osogbo. “Video clips of Alowonle in handcuffs and under interrogation circulating in the media space dispelled any excuse that the park chairman was trying to escape.
The fact that he was shot in the abdomen as video from his hospital bed confirmed proved that he was shot at close range with intent to eliminate him.
“Interactions between the Special Adviser on Security Matters to the State Governor, Mr Samuel Ojo, and the Head of Anti-Kidnapping Squad, Moses Lohor provided direct proof that the incident was premeditated to murder Mr Alowonle.
“We also note that the issue that generated the purported arrest was a civil matter, not criminally related to have warranted the involvement of Mr Moses Lohor, the head of the Anti-Kidnapping squad except for the repeat of a recent pattern of police harassment of officials of the state government on partisan motivation.
“The programmed attempted murder of Mr Alowonle is just one in the series of shootings and attacks on officials of the state by the head of anti-kidnapping squad who regularly acted with impunity and who has not hidden his vow to eliminate supporters of the state government.
“As we summoned several meetings to calm frayed nerves today, we struggled hard to stop reprisal attacks against police establishments across the state due to what the public now see as police partisan conduct in breach of the law.
“As we regret a situation in which law enforcers are becoming threat to peace and stability of the state, the state government therefore demands the Inspector General of Police and the National Security Adviser to take judicious note of the increasing breach of state peace by the hostile conduct of some police officers who now shot at innocent civilians and suspects at will.
“We call for the immediate arrest and prosecution of Mr Moses Lohor, the Head of the Anti- Kidnapping Squad, for his wilful act of attempted murder.*
“We demand police impartiality and commitment to rule of law without fixation on partisan considerations
“We also call the attention of the National Security Adviser to the increasing threat to peace in Osun state amidst threat to unleash violence ahead of 2026 election
“We call on the Inspector General of Police to rise to the occasion and abandon any signal that may portray him as acting against Osun peace and stability”, the statement concluded.
Politics
EXPOSED: How “Peter Obi, NLC Made Me Lose The Election “- LP Candidate Cried Out; See details
Ondo Gubernatorial: “Peter Obi, NLC Made Me Lose The Election “- LP Candidate Cried Out; See details....Read Full Article>>
Ayodele Olorunfemi, the Labour Party (LP) candidate in the recently concluded Ondo State governorship election, has accused the party’ s leadership, including its presidential candidate Peter Obi and the Nigerian Labour Congress (NLC), of sabotaging his chances of victory. Olorunfemi expressed his disappointment over the lack of support and coordination that marred his campaign.
Speaking to journalists after the election results were announced, Olorunfemi highlighted the absence of critical resources and organizational backing from his party. ” I went into this election with high hopes, but the internal challenges within the Labour Party made it an uphill battle, ” he lamented.
He particularly criticized Peter Obi for his lack of involvement in the campaign. Obi, who has become a prominent political figure after his performance in the 2023 presidential election, was expected to play a key role in rallying support for Olorunfemi’ s candidacy. ” Obi is a symbol of hope for many Nigerians, especially the youth. His absence in our campaign sent a wrong message to the electorate, ” Olorunfemi said.
The candidate also took aim at the NLC, a major stakeholder in the Labour Party, for what he described as a lack of commitment. According to Olorunfemi, the NLC leadership failed to mobilize workers and unions to support his campaign. ” The Labour Party is supposed to represent the interests of workers, but the NLC abandoned us when it mattered most, ” he stated.
Politics
Things We Discovered In Power Sector Will Make You Cry – EFCC Chairman
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has said the level of corruption in the power sector would make people cry.....Read Full Article>>
He put it this way: “As we speak, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector, you will shed tears.
“People were awarded contracts to supply electricity equipment. Instead of using what they call 9.0 guage, they will go and buy 5.0.
Every time you see the thing tripping off, the thing gets burnt, and all of that, it falters and it collapses. It’s part of our problems.”
Olukoyede made the revelation during an oversight visit by the House of Representatives Committee on Financial Crimes to the EFCC’s headquarters in Abuja, today.
Furthermore, stressed the importance of collaboration between the Commission and lawmakers to combat financial crimes effectively.
One of the key areas of concern, according to Olukoyede, is the power sector, where corrupt practices have been undermining the country’s infrastructure.
It was at this point the EFCC boss revealed that some contractors awarded contracts to supply electricity equipment were involved in cutting corners.
He said they were using substandard materials that have contributed to the frequent power outages and system failures.
Olukoyede also discussed the EFCC’s new strategic focus on asset tracing and recovery, which he credited for the agency’s successes over the past year.
Furthermore, he revealed that “For every 10 Naira recovered, perhaps 30 or 40 Naira may have been stolen.
“If we recover about 440 billion Naira and several billions of dollars in a year, imagine the total amount siphoned from our system. That’s the unfortunate reality.
“Thus, we are focusing on prevention. Over the last year, we have established a new directorate for risk assessment and control.
“To recover 10 Naira, you may spend between 4 and 5 Naira. But to prevent 10 Naira from being stolen, you spend less than 1 Naira, based on our research and experience.
“Prevention is, therefore, the more effective way to combat corruption.
“We need more resources to carry out our mandate effectively. Our staff are underpaid, and we need to improve their welfare.”
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