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Tough times await looters – EFCC Chairman

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The Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede has vowed to tackle looters of public funds, drainers of resources and other corrupt persons in Nigeria to make room for growth and development across the country.

Olukoyede stated this at a road walk held in commemoration of the 2023 International Anti-Corruption Day in Abuja.

The EFCC Chairman stressed that the Commission under his watch would not allow resources meant for economic growth and greater good of Nigerians to be cornered by looters and that every stolen fund would be recovered to develop social systems in the country.

Olukoyede condemned the hurtful effects of corruption on Nigerians, promising that the anti-corruption mandate of the EFCC is being refocused to stimulate growth and development in all the sectors of the economy.

On the theme of the 2023 International Anti-Corruption Day, UNCAC@20: Uniting the World against Corruption, Olukoyede stated that the whole world must come together to fight corruption as he expressed the will to approach the international community for the recovery of stolen funds kept abroad.

The road walk which started at the Abuja Zonal Command of the EFCC in Wuse District through some major roads in Maitama, witnessed massive turn out of Nigerians from all walks of life, including Staff of the EFCC, Civil Society Organizations, representatives of the Nigerian Labour Congress, the Police, Armed Forces, National Youth Service Corps members, women groups, the media and other key players.

The Inspector General of Police, Kayode Egbetokun, who was represented by the Commissioner of Police, Federal Capital Territory, Haruna Garba expressed delight with the road walk, describing it as a demonstration of renewed hope of progress in Nigeria.

The Chief of Air Staff , Air Marshal Hassan Abubakar who was represented by Group Captain Abdulahi Abu, expressed support for the EFCC in its crusade against corruption and called on every Nigerian to continue to support the operations of the Commission.

The road walk also held in all fourteen Zonal Commands of the EFCC.

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EFCC, NUPENG Join forces against oil theft

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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

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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

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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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