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EFCC, NFIU launch crackdown on alleged coup funders

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Military investigators probing the alleged attempted coup are working with the Economic and Financial Crimes Commission and the Nigeria Financial Intelligence Unit to unravel the financial flows linked to individuals accused of bankrolling the plot, The PUNCH  has learnt.

This was as indications emerge that the bank accounts of some of the suspects might have been frozen by the authorities, as part of the probe procedures.

The media could not immediately confirm the development, as no one was willing to comment on it. But a security official described this as standard procedure in such cases.

However, multiple security sources familiar with the probe confirmed that the EFCC and NFIU are carrying out a forensic investigation on the bank accounts of the soldiers and the civilians involved in the plot to overthrow the Federal Government.

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The forensic investigation will cover transaction analysis, including reviewing deposits, withdrawals, and transfers to identify suspicious patterns; tracking of account activity over time; identifying the origin of funds and determining the true owners of the accounts under probe.

The investigation is also said to have been widened to cover the associates and business partners of the key suspects.

The development is coming on the heels of the discovery of the alleged transfer of N45 billion from the Niger Delta Development Commission to those involved in the plot.

SaharaReporters had reported that 16 Nigerian Army officers were arrested for allegedly planning a coup to overthrow President Bola Tinubu. The online platform linked the purported plot to the Federal Government’s cancellation of Nigeria’s 65th Independence Day celebration.

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The Director of Defence Information, Brig. Gen. Tukur Gusau, denied that the detention of the officers was tied to a coup attempt.

Nevertheless, security operatives raided the Abuja home of former Bayelsa State governor Timipre Sylva, taking away his younger brother, Paga and driver, as the investigation gained momentum.

The former minister and All Progressives Congress chieftain was reportedly outside the country at the time.

On Wednesday, Sylva’s spokesman, Chief Julius Bokoru, confirmed that his principal’s residence was raided, adding that the ex-minister and his wife were out of the country at the time.

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He denied the former governor’s involvement in the rumoured coup plot, accusing his political adversaries of trying to frame him.

Providing an update on Thursday, military insiders explained that the investigators are relying on the EFCC and NFIU to uncover the money trail and flow of funds deployed for the execution of the alleged coup.

Sources in the anti-graft agencies confirmed their involvement in the probe.

“This is discreet intelligence work. Until the entire exercise is concluded, we cannot provide a list of all those involved, how much was deployed for the plot or the amount recovered. The investigators are relying on the EFCC and NFIU for this,” a security source who is privy to the investigation disclosed.

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The EFCC spokesperson, Dele Oyewale, could not be reached for comment on Thursday. His NFIU counterpart, Aishatu Bantam, did not respond to phone calls.

Meanwhile, the names of the 16 alleged coup plotters have surfaced.

The army officers include a brigadier general, a colonel, four lieutenant colonels, five majors, two captains, and a lieutenant.

The remaining two are a lieutenant commander from the Navy, the naval equivalent of a major, and a squadron leader from the Air Force, which holds the exact rank equivalence.

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Premium Times reported that 12 of the 14 army officers belonged to the Infantry Corps, the army’s frontline combat unit whose troops primarily engage in ground battles.

One officer is reportedly from the Signals Corps, which manages military communications, while another serves in the Ordnance Corps, responsible for procuring, storing, and maintaining weapons, ammunition, vehicles, and other essential hardware.

They were reportedly led by Brig. Gen  Musa Abubakar Sadiq. Others include Col M.A.  Ma’aji, Lt. Colonel S. Bappah, Lt Col A.A. Hayatu,  P. Dangnap, Lt. Col M. Almakura, Major A. J Ibrahim, Major M.M. Jiddah, Major M.A. Usman, Major D. Yusuf, Major I. Dauda, Capt Ibrahim Bello, Capt A.A Yusuf, Lt S.S Felix, Lt . Commander D. B. Abdullahi and Squandron Leader S. B Adamu.

Meanwhile, The Cable reported that an air force officer recently posted to the Office of the National Security Adviser was detailed to kill the National Security Adviser, Nuhu Ribadu.

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Accoring to The Cable, Squadron Leader SB Adamu (Service No. NAF/3481) from Jigawa State was posted to the National Counter Terrorism Centre — an agency under ONSA — about four weeks before the coup attempt was uncovered.

Contrary to claims that several suspects worked directly with ONSA, investigators said Adamu was the only one connected to the office through the NCTC.

Military insiders said when  the National Coordinator of NCTC,  Maj-Gen. Adamu Laka,requested the posting of a specific officer to the centre in August 2025, the request was surprisingly turned down. Instead, Adamu was deployed — a move now fuelling suspicions that the alleged coup plotters may have penetrated the military hierarchy.

Adamu is a member of the Nigerian Defence Academy’s Regular Course 59.

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Oborevwori Urges Investors To Explore Opportunities Beyond Oil

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Delta State Governor, Rt. Hon. Sheriff Oborevwori, has called for a shift away from over-reliance on oil revenue, urging both local and foreign investors to take advantage of opportunities in agriculture, energy, transportation, the blue economy, solid minerals and digital innovation.

Speaking at the close of the second day of the 2026 Delta State Economic and Investment Summit in Asaba, the governor said the state must broaden its economic base to achieve sustainable growth, create jobs and improve living standards.

He said discussions at the summit highlighted Delta State’s vast but largely untapped potential across several non-oil sectors, including agriculture and livestock, energy, transportation, the blue economy, solid minerals, digital innovation and investment-friendly legal reforms.

“We can no longer depend on one source of revenue. We must diversify our economy by attracting strategic investments into sectors where Delta State has a clear comparative advantage. That is the pathway to creating jobs, growing businesses and improving the quality of life of our people,” Oborevwori said.

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The governor explained that the summit was designed as a private sector-led initiative, with government playing the role of facilitator by connecting investors with viable opportunities capable of delivering long-term value.

He reaffirmed his administration’s commitment to creating a conducive business environment through investor-friendly policies, infrastructure development, improved security and stronger collaboration with the private sector.

Oborevwori also disclosed that the state had acquired suitable land and taken other strategic measures to attract investments into priority sectors. He added that investment promotion missions had already been conducted in countries including China and Brazil to market Delta’s economic opportunities.

According to him, the summit has gone beyond policy discussions to become a practical platform for linking investors with viable projects and converting investment interests into real business ventures.

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He expressed confidence that the partnerships and commitments made during the summit would translate into concrete investments capable of driving industrial growth, generating employment and positioning Delta among Nigeria’s leading investment destinations.

During the technical sessions, resource persons identified agriculture, livestock development, mining, the blue economy and investment-friendly legal reforms as key sectors with strong potential to attract long-term investments.

Speaking at the agriculture, agribusiness and agro-industry panel, former South-South Vice President of the Poultry Association of Nigeria (PAN), Chief Eta Enahoro, urged the state government to invest more in fish and poultry production, describing both industries as major drivers of job creation and economic transformation.

He said that with the right support, many young people seeking political appointments could become successful entrepreneurs through commercial poultry and fish farming.

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Brazilian agribusiness investor Roberto Fonseca announced plans to collaborate with the Delta State Government on an integrated cattle and beef value chain covering breeding, ranching, abattoirs, meat processing, cold storage, refrigerated logistics and distribution.

Fonseca said Delta’s climate and environmental conditions closely resemble those that helped Brazil become a global leader in cattle and beef production, adding that the partnership could position the state as a major livestock hub for Nigeria and neighbouring African countries.

At the session on the blue economy and transport infrastructure, Dr. Uche Igwe called on the state government to tackle illegal and unregulated fishing in order to maximise the economic potential of its waterways.

Managing Director of Mosra Energy, Ramos Olukayode, disclosed that Delta State has more than 200 million tonnes of coal deposits in Obomkpa, Ugbodu and Ukunzu, which he said exceed the reserves found in Enugu and Kogi states.

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He described the deposits as a significant resource that could support industrial expansion and revealed plans to establish a 600-megawatt power plant in Obomkpa, noting that more than 200 hectares of land had already been secured for the project.

Olukayode added that the area also has substantial deposits of kaolin and clay that could support manufacturing activities within the proposed industrial cluster.

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Nigeria seeks closer ECOWAS, Sahel ties to fight terrorism

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Nigeria’s Minister of Defence, Christopher Musa, has called for stronger security cooperation between the Economic Community of West African States and the Alliance of Sahel States to combat terrorism, insurgency and transnational crimes across the region.

Musa made the call on Tuesday during a three-day working visit to Cotonou, Benin Republic, where he is holding talks aimed at harmonising regional defence strategies and strengthening security cooperation.

According to a statement by his media aide, Leah Katung-Babatunde, the minister said West Africa’s complex security challenges required an inclusive and coordinated regional response.

He urged the leadership of ECOWAS and the Alliance of Sahel States to find common ground to curb the spread of insurgency across land borders and improve maritime security in the Gulf of Guinea.

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“There is a need for a unified security alliance between the ECOWAS and the Alliance of Sahel States to defeat terrorism, dismantle cross-border criminal networks, and restore regional stability. ECOWAS and AES leadership should find a common ground to insulate land borders from insurgent spillover and strengthen maritime security along the Gulf of Guinea., ” he was quoted as saying.

Musa who was received at Cotonou International Airport by Benin’s Minister of National Defence, Gildas Agonkan.

Agonkan commended Nigeria for what he described as its leadership role in promoting peace and stability in West Africa, citing the country’s interventions in support of democratic governance in the sub-region.

He also praised the performance of the Nigerian Army contingent that participated in Benin’s National Day parade on August 1, describing Nigeria as an indispensable partner in the fight against transnational crime.

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During the visit, Musa met with Nigerian troops stationed at Togbin, where he conveyed President Bola Tinubu’s commitment to improving troop welfare, enhancing operational effectiveness and strengthening the capacity of the armed forces.

The minister also visited the Nigeria House in Cotonou, where he was received by Nigeria’s Ambassador to Benin Republic, Mopelola Ibrahim.

The ambassador said Nigeria’s diplomatic engagement with Benin remained focused on expanding bilateral trade and strengthening joint border surveillance to tackle emerging security threats.

The Alliance of Sahel States comprises Burkina Faso, Mali and Niger, three military-led countries that withdrew from ECOWAS after disagreements with the regional bloc over sanctions and the timeline for returning to civilian rule.

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The three countries formally exited ECOWAS on January 29, 2025, and have since deepened military, political and economic cooperation under the AES framework.

Despite their political differences, both blocs face common security threats, including terrorism, violent extremism, insurgency, arms trafficking and other cross-border crimes, particularly in the Sahel and the Gulf of Guinea.

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FG orders varsities to dismiss students involved in kidnapping

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The Federal Government has directed vice chancellors, rectors and provosts of tertiary institutions across the country to dismiss any student found culpable, after due investigation, of involvement in kidnapping or related criminal activities.

Minister of Education, Dr.Tunji Alausa, issued the directive during a meeting with the Pro-Chancellor, Governing Council and Management of the Federal University of Lafia (FULafia) in Abuja.

He also ordered heads of tertiary institutions to strengthen internal intelligence systems and deepen collaboration with the Department of State Services (DSS) and other security agencies to improve campus safety.

Alausa said the directive followed concerns over reports that some students were allegedly involved in kidnapping operations carried out outside their campuses, stressing that tertiary institutions must not become safe havens for criminal elements.

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“If you tolerate bad behaviour for too long, it becomes a culture. Any student found culpable, after due investigation, of planning or participating in the kidnapping of fellow students has no place in our tertiary institutions. Such individuals must be dismissed. Our campuses must never become safe havens for criminal elements,” the minister said.

While noting that Nigeria’s universities, polytechnics and colleges of education remain largely safe, Alausa said recent isolated incidents involving students outside campuses underscored the need for stronger intelligence gathering and closer collaboration with security agencies.

He disclosed that he recently met with the Minister of Defence, General Christopher Musa (retd.), to develop a coordinated strategy aimed at strengthening the Safe Schools Initiative and improving the protection of learners across the country.

The minister also reiterated President Bola Tinubu’s directive that no government institution should negotiate with or pay ransom to kidnappers, warning that such actions only embolden criminal groups and undermine efforts to tackle insecurity.

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Beyond disciplinary measures, Alausa directed governing councils and managements of tertiary institutions to establish effective internal intelligence mechanisms, maintain close ties with the DSS and other security agencies, and promptly address threats to the safety of students and staff.

He announced that the Federal Government would support security enhancement projects in tertiary institutions through the 2027 intervention programme of the Tertiary Education Trust Fund (TETFund), including perimeter fencing and other critical security infrastructure. Institutions were urged to submit proposals early for consideration.

The minister also reaffirmed the government’s commitment to expanding the Energising Education Programme in collaboration with the Federal Ministry of Power to improve electricity supply to tertiary institutions through additional solar generation and battery storage.

Earlier, the Pro-Chancellor of the Federal University of Lafia, Lola Akande, commended the Federal Government for its support to the institution but identified student accommodation, electricity supply to the university’s second campus and insecurity as major challenges.

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She disclosed that some students of the university were suspected to have been involved in kidnapping activities carried out off campus, adding that the institution strongly opposed the payment of ransom, saying it would only encourage more criminality.

The Vice-Chancellor of the university, Prof. Mohammed Isa Kida, also praised the minister’s reforms in the education sector and appealed for the extension of the Energising Education Programme to the institution’s second campus, as well as additional office accommodation and staffing support.

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