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EFCC places Emefiele’s wife, three others under radar over alleged financial misconduct

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The Economic and Financial Crimes Commission (EFCC) has issued warrants for the arrest of Margaret Emefiele, the wife of the former Central Bank of Nigeria Governor, along with Eric Ocheme Odoh, Anita Joy Omoile, and Jonathan Omoile.

They are suspected of colluding with former CBN Governor, Godwin Emefiele, in the misappropriation of substantial funds from the apex bank.

In an official notice released on Friday, the EFCC disclosed that the aforementioned individuals are subjects of keen interest in an ongoing investigation into various financial irregularities.

The anti-graft agency is urging individuals with any pertinent information regarding the whereabouts of these individuals to promptly reach out to the nearest EFCC Command or the nearest Police Station.

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These warrants underscore the EFCC’s steadfast commitment to pursuing cases of economic and financial crimes with utmost seriousness.

The agency stressed the crucial role of public cooperation in ensuring that alleged perpetrators were brought to justice.

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Seven killed, 11 injured in Yobe market robbery

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By Francesca Hangeior

The Yobe State Police Command says it has arrested a suspected bandit’s kingpin in Ngalda, Fika Local Government Area of the state.

The arrest was in response to a robbery attack allegedly masterminded by the kingpin on Ngalda Market on Monday, which resulted in seven deaths and 11 injuries.

The command’s Spokesman, SP Dungus Abdulkarim, who disclosed this in a statement in Damaturu on Tuesday, said a locally made pistol and three cartridges were recovered during the arrest.

“On January 20, 2025, at approximately 2100hrs, a group of six armed robbers attacked three shops at Ngalda Market.

“The incident resulted in seven fatalities and eleven injuries. The robbers made off with approximately N16,500,000,” Abdulkarim said.

The spokesman said irate youths in the area mobilised and neutralised three of the attackers, while three others fled with injuries.

He said victims and corpses were evacuated to the General Hospital, Fika, for medical treatment and autopsy respectively.

Abdulkarim said the state’s Commissioner of Police, Garba Ahmed, had ordered an immediate investigation into the incident and called for calm.

“He tasked personnel to arrest fleeing syndicate members and urged the public to assist the command with credible information,” the spokesman said.

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Telecoms subscribers threaten to sue NCC over 50% tariff hike

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By Francesca Hangeior

The National Association of Telecoms Subscribers (NATCOMS) says it will sue the Nigerian Communications Commission (NCC) over the 50 percent tariff hike.

On January 20, the NCC approved the request of telecommunications companies (telcos) to increase tariff.

The adjustment came after the Association of Licensed Telecommunications Operators of Nigeria (ALTON) and the Association of Telecommunications Companies of Nigeria (ATCON) raised several concerns and asked the NCC to review call tariffs upwards.

Karl Toriola, the chief executive officer (CEO) of MTN Nigeria, said telcos wanted a 100 percent increase in tariffs.

But in approving the operators’ request, the NCC capped the tariff increase at 50 percent — lower than the telco’s demand by half.

Reacting to the development, Deolu Ogunbanjo, president of NATCOMS, said the NCC did not carry subscribers along in the arrangement.

Ogunbanjo said NATCOMS understood the dilemma faced by the telecoms industry and had suggested a 5 percent to 10 percent marginal increase in tariff.

He said the federal government’s approved 50 percent tariff hike is unacceptable.

“This will affect everyone from the biggest industry to the smallest company, such as the Point of Service (POS) operators,” Ogunbanjo said.

“It will increase operational costs.”

Ogunbanjo said economic experts had x-rayed the telecoms sector and said it was in intensive care, meaning that it needed to be attended to.

“We now depend on telecoms for our meetings, for the banks, everybody depends on it even the education sector, yes, a lot of things depend on it,” he said.

“So, that is why we painfully agreed that, look, a moderate or marginal five per cent to 10 percent increase will be fine.

“You know, we do not mind an increase if it is to salvage the industry that is helping us, that means so much to us and that is also contributing double-digit to Nigeria’s gross domestic product (GDP).

“So, we appreciate that. It’s painful, but we agreed. We said, okay, we will not mind if it is just a five percent to 10 percent increase.”

Ogunbanjo said if the operators need funds, they should explore the Nigerian exchange for options for financing.

“The industry operators can opt for an Initial Public Offer (IPO) for Nigerians to buy shares in their companies as a way of raising funds,” Ogunbanjo added.

“However, a situation where a whole 50 percent is granted for tariff hike is not cheap and it is a no! no! from us subscribers.

“I mean, for what we are already going through, no for us, we will challenge this in court.”

On January 16, Bosun Tijani, the minister of communications, innovation, and digital economy, said a hike in telecom tariffs would not exceed 60 percent.

Tijani had said a 100 percent increase would hurt Nigerians and hamper the country’s economic growth.

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SAD: FCT commissioner of police loses son in car accident

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By Francesca Hangeior

The Federal Capital Territory (FCT) Commissioner of Police has lost his son in a car accident that reportedly happened on Monday.

Although the circumstances surrounding the young man’s death remain unclear, family sources have described the loss as heartbreaking.

CP Disu was on a condolence visit to CSP A.A. Sambo, the Divisional Police Officer (DPO) of Ushafa Division, whose son had recently passed away when he received the news of his own son’s death.

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