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French Minister backs EFCC’s anti-corruption crusade, pledges collaborative action



French Minister backs EFCC's anti-corruption crusade, pledges collaborative action

In a significant show of international solidarity, the French Minister of the Interior and Overseas, Laurent Baile, has voiced unwavering support for Nigeria’s Economic and Financial Crimes Commission (EFCC) in its relentless fight against economic and financial crimes. The endorsement came during Baile’s courtesy visit to the EFCC Chairman, Ola Olukoyede, wherein both parties discussed strategies to combat cybercrimes and enhance cooperation in joint investigations and intelligence sharing.


During the meeting, Baile extended his congratulations to Olukoyede on his appointment and underscored the critical need for collaborative efforts in addressing the challenges posed by cybercrimes and related criminal activities. The French Minister emphasized the importance of joint initiatives to tackle these evolving threats effectively.


EFCC Spokesperson, Dele Oyewale, revealed that discussions between Baile and Olukoyede delved into the nuances of cooperation, focusing on the intricacies of joint investigations and intelligence exchange. Oyewale quoted Baile as expressing his commitment to supporting the EFCC’s endeavors to combat economic crimes and corruption.


Olukoyede, in response, acknowledged Baile’s encouraging words and reiterated the EFCC’s dedication to steering the fight against economic and financial crimes with a keen focus on national development. He outlined the Commission’s overarching goal, emphasizing that combating economic crimes is pivotal to fostering economic growth, stimulating development, generating employment opportunities, and eliminating obstacles to sustainable progress.


“We are determined to properly focus the mandate of the Commission in the overall interests of Nigerians,” Olukoyede declared. “The overriding aim of fighting economic and financial crimes is to grow the economy, stimulate development, create jobs, and remove bottlenecks against sustainable development. We will be more professional in the way we do our jobs, and we will adhere strictly to the rule of law.”


Olukoyede also took the opportunity to express gratitude to the French government for its consistent and longstanding support for the EFCC. He emphasized the need for enhanced collaboration and synergy in tackling the pervasive menace of economic and financial crimes that transcend national borders.


The French Minister’s visit was not merely symbolic, as it underscored a tangible commitment to fostering a stronger alliance between France and Nigeria in the realm of combating economic crimes. Baile’s presence, accompanied by Verin Emmanuel, Interior Attaché at the French Embassy, signaled a shared determination to address the challenges posed by contemporary criminal activities that exploit the digital landscape.


As the EFCC and French authorities align forces, the prospect of a more coordinated and effective response to economic and financial crimes looms on the horizon. The collaboration is expected to yield concrete results in curbing cybercrimes and related offenses, with the ultimate goal of promoting economic stability, safeguarding national interests, and fostering a secure and prosperous environment for both nations.

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EFCC, NUPENG Join forces against oil theft



The National Union of Petroleum and Natural Gas Workers, (NUPENG)is seeking a collaboration with the Economic and Financial Crimes Commission, (EFCC)to fight the scourge of illegal oil bunkering in the country.



The President of the Union, William Akporeha made the request when he led members of his executive to the corporate headquarters of the EFCC in Abuja.




Akporeha, who commended the EFCC boss for repositioning the anti-graft agency on the path of professionalism and rule of law, stressed the need to sanitise the oil and gas industry.



Akporeha itemised some of the challenges involved in the movement of petroleum products across the country, pleading with the EFCC to always come to the aid of truck drivers experiencing difficulties in the course of their works.




In his response, Olukoyede said it is important that major players in the oil and gas sector collaborated with the EFCC to confront the National Economic sabotage in the sector.




He assured members of the union that the Commission would not arrest or detain any truck or driver who did not dabble into shady deals, noting that the process of profiling suspected oil thieves and evaluation of petroleum products involved are often long drawn.



Olukoyede promises to continue to work with every stakeholder in the oil and gas sector to ensure sanity in their operations.

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Kidnap kingpin, Boderi, feared killed as troops battle terrorists in Kaduna



Troops of the Nigerian Army operating in 1 Division area of responsibility have neutralised some insurgents and recovered more firearms and ammunition in encounters with the criminals in the General area of Igabi, Giwa and Birnin Gwari Local Government Areas of Kaduna State.


A Statement by the Army spokeperson, Major General Onyema Nwachukwu said a notorious terrorist, Boderi, who orchestrated many high profile kidnappings including those of the Yauri school girls, Greenfield University students and the Nigerian Defence Academy attack may have been killed alongside another kingpin, Bodejo in the ambush.


The statement said while on a fighting patrol along Maganda-Dausayi – Mugaba axis, troops came under fire from insurgents who employed rustled herds of cattle as shields while they engaged the troops with direct fire. Two of the terrorists were killed in the process and arms as well as other items including 1 Techno phone, 3 Hilux vehicles and motorcycle keys, wraps of substance suspected to be marijuana, tramadol tablets and the sum of 13,200 Naira only, were recovered.


Also, during the encounter, some of the rustled livestock used as shield by the insurgents were caught in the crossfire. Troops are still on the trail of the fleeing insurgents and remain resolute on ridding the area of armed violence according to the army.


In a separate operation, conducted by troops of 1 Division of the Nigerian Army on Wednesday 22 February 2024, the troops successfully ambushed marauding insurgents along the Bada – Riyawa axis on the Kaduna – Birnin Gwari Road. In the encounter, troops killed 6 insurgents and recovered arms and 19 motorcycles which were destroyed.

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Senate confirms Cardoso Chairman, CBN’s Monetary Policy Committee, 11 others as members



The Nigerian Senate has confirmed the appointment of Governor of the Central Bank of Nigeria, Olayemi Cardoso, as Chairman of the Monetary Policy Committee alongside eleven others.



The confirmation follows the adoption of a report of the committee on Banking and other Financial Institutions presented by its chairman Adetokunbo Abiru (APC Lagos East).



Abiru, in his presentation, said the nominees possess the academic qualifications, technical knowledge and professional experience to be members of the Monetary Policy Committee.



Abiru further stated that the Senate Committee on Banking did not receive any petition against the nominees.



He added that the nominees were all cleared by the Nigeria Police Force and the State Security Services and possessed the Code of Conduct Bureau acknowledgment slip.




Other lawmakers in their submission charged the newly confirmed Members of the MPC to come up with proper economic policies to salvage the current situation in the country.



Those confirmed are CBN Deputy Governors, Mohamed Sani Abdullahi , Bala Bello, Emem Usoro and Philip Ikeazor.



Others are the Director General, Security and Exchange Commission (SEC), Lamido Yuguda, Permanent Secretary Ministry of Finance, Jafiya Shehu, murtala Sabo Sagagi, Aloysius Uche, Aku Paulin, Mustapha Akinwumi and Bandele Amon.

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