News
Change Negative Narrative About EFCC Being Used For Settling Political Scores- Reps
………Ask Anti Graft Agency To Fight Financial Crimes Within Established Laws
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……My Staff Are Poorly Paid, EFCC
…., States Why Fight Against Yahoo Boys Fierce
The House of Representatives has tasked the Economic and Financial Crimes Commission, EFCC, to purge itself from the negative impression that its being used to settle political scores and concentrate fighting financial and economic crimes within established laws.
The House handed the advise on Tuesday through the Chairman House Committee on Financial Crimes Honorable Ginger Onwusibe who led members of the committee on the 2024 oversight exercise on the commission.
The oversight covered extensive facility tour of departments and critical operational units of the antigraft agency.
In his terse remarks, Hon. Onwusibe challenged the agency to improve its operational activities in combating economic and financial crimes by complying with its 2004 Establishment Act and other relevant applicable laws like the Money Laundering ( Prevention and Prohibition) Act 2022: Terrorism ( Prevention and Prohibition) Act 2022: The Proceeds of Crime Act. 2022, as well as other statutes, that compels it to carry out these roles transparently with accountability and show that the negative maxim being peddled in some quarters that the agency is often being used for settling political scores is incorrect .
The committee assured that it will collaborate with the commission to actualize its mandate by enacting new laws or amending old ones and as well providing budgetary interventions, if it must strive tirelessly to be on top of its challenges
The House urged the agency to collaborate with sister agencies and desist from keeping suspects as- awaiting ‘trial in correctional centres nationwide
“At this point let me add that a recent visit to the Maximun and Minimun Correctional centres in Kirikiri Lagos State, numerous suspects have been awaiting trial for over one year and yet we are all acquainted with the saying that justice delayed is justice denied”
” It is on this note that we call on the EFCC, Attorney General of the Federation and the Judiciary to improve and ensure the administration of justice works and is efficiently delivered to the victims”
The House warned the agency to purge itself of rotten eggs in order to fight economic and financial crimes frontally, thereby stimulating the Nigerian economy
It also urged EFCC to focus properly on its mandate.
” The issue of appropriate and proper focusing on the mandate of the EFCC must relentlessly be on the front burner:
“Orders from competent courts , arrest and debt recovery must be pursued religiously” the House cautioned
But on its side, the antigraft agency said it has not deviated from its focus but rather working hard and fighting financial and economic crimes as enunciated in its mandate.
Chairman of the agency , Ola Olukeyede told his guest in his remarks during the oversight visit that the commission was doing much to fight financial and economic crimes and stimulate the Nigerian economy
He said so far that the agency has recovered over N250bn cash, tens of million of Dollars and other foreign currencies, with over 3000 convictions: 17000 petitions while also investigating over 20000,with about 4000 fresh cases , all being handled by a misery number of staff strenght
He noted that its priority is to improve the country’s image and stimulate its economy, such that there could be improvement in foregin direct investments and stimulation of the local economy.
Olukeyede however, argued that the agency needed more staff strenght, funding , better renumeration for staff because they were poorly paid. He also emphasised on modern day technology to fight the ever dynamic cyber criminals
According to the EFCC boss, it was important to give more salary to EFCC staff and deploy modern technology to fight emerging cyber crime dynamism . He expalined that the agency has increased efforts to fight Yahoo, yahhoo, boys because of their ability to crumble any economy within a twinkle of an eye
According to him, the agency was expanding its drag net to focus on ministries, departments and agencies infrastructural projects. ” “Go to MDAs and see their budget implementstion. It is not up to 20%”
“We want to ensure 50% infrastructural development” the anti graft boss announced, insisting that it would henceforth encourage monitoring of project implementation which was an aspect of preventing financial crimes
He said the agency has dismissed lots of erring staff, and will continue to dismiss and even prosecute them going forward.
Olukeyede disclosed that it had designed a template on staff integrity, using the Gift- Policy model
.” It is not every thankful gift we should collect” the EFCC boss warned
” I am advocating for more welfare improvement, better welfare, he said.
“We will do more recoveries, more convictions, but we need more resources to do our work, maintaining that, that was his stand on ethics and integrity .
Olokeyede’s demand for more salary wage for staff of the commission, is seen as an incentive to boost welfare and morale to fight financial crimes to standstill.
He stated that there was the utmost need to increase salaries of staff of the commission
The EFCC boss who spoke on his stewardship in the last one year, further added that it increased the war against Yahoo- Yahoo boys because of the consequences of their nefarious acts which could crumble a nation’s economy in a jiffy.
He argued that more technology was required to fight financial crimes.
For instance he explained that it was a common scenario then for thieves and armed robbers to attack and break into banks with guns and Dynamites
” But it is the same common and more easier scenario and task now to have Yahoo-Yahoo boys and bank thieves attack banks with technology in the comfort of their homes or hideouts”
“So we need technology and we also need to increase our fight against these Yahoo boys who can dismantle any economy within a twinkle of an eye
He called on the national Assembly to improve and increase its finances because fighting Financial crimes was a herculean task that requires adequate funding
Olokeyede who apparently was responding to criticisms of the commission’s over concentration on Cyber crimes/ thieves, perpetrated by Yahoo boys, said he has made tremendous impact in enforcement, investigation and conviction with an outstanding record convictions between October 2023 when he was appointed till date
The embattled Kogi Central Senator, Natasha Akpoti-Uduaghan, has disclosed that the idea of using a helicopter as a means of transport for her homecoming rally in Kogi came from her husband.
She also insisted that she broke no law by her actions as the road that led to the venue of the event was constructed by her and the land on which the helicopter landed is owned by her family.
Senator stated this on Thursday during an interview with Channels Television.
It would be recalled that hours before the event, the Kogi State government banned all forms of rallies in the state and declared that all convoys coming into the state must get approval.
However, Natasha circumvented the directives by arriving via helicopter, where she was received by her constituents.
Speaking on Tuesday’s homecoming rally, which coincided with the celebration of the 2025 Eid which is the end of the Ramadan fast, Senator Natasha insisted that it was not a political event as she had always done it even before she became a Senator, adding that it is a way of relating and giving back to her people.
She said she already knew that the state government came up with the restrictions because of her, adding that she wasn’t aware of any security challenge that could have warranted issuing such bans.
Senator Natasha also described herself as a peace-loving and law-abiding individual, contrary to the description by the state government that she is a law breaker.
Former Director-General of the National Youth Service Corps (NYSC), Brigadier General Maharazu Tsiga (rtd), who spent over two months in captivity, has recounted his harrowing experience in the hands of terrorists and kidnappers.
Tsiga revealed that he and other abductees were held in a dense forest surrounded by hills, teeming with dangerous animals. He described his survival as nothing short of divine intervention.
The 72-year-old said: “We were kept with dangerous animals—hyenas, snakes, and scorpions. A day before I was released, just the day before yesterday, while on the mountain where I was staying, we suddenly noticed a hyena circling us, looking for food. And what kind of food? Us, human beings.”
“Throughout our time there, we constantly lived with snakes and scorpions. But the most terrifying experience was how they treated those of us whose ranks they knew. Whenever troops attacked them, they would bring us out and use us as human shields, hoping to get us killed by the military strikes. They wanted us to be hit by the aircraft. But God is merciful.”
“The National Security Adviser (NSA) and the Chief of Defence Staff (CDS) have said it—the good ones will survive, and ultimately, the bad ones will meet their end.”
Tsiga further narrated a particularly chilling experience involving an unexploded rocket: “During an airstrike, a rocket was fired at the terrorists, but it didn’t explode. Instead, they carried the unexploded rocket and placed it where I was sleeping, hiding it in a way that if I touched it, it would detonate. Yet, by God’s mercy, I survived.”
He also highlighted the kidnappers’ belief that military officers have access to government funds, which led them to attack his home.
“They believe that those of us in uniform are given money by the government. That’s why they tried to break into my house. They couldn’t, so they went to my home in Kaduna and used explosives to destroy it, including the gates.”
Speaking on behalf of the 18 other rescued victims, Tsiga expressed gratitude to the National Security Adviser, Mallam Nuhu Ribadu, and the Chief of Defence Staff. He emphasized that security is a collective responsibility.
“We must not assume that the government can do it all alone. Everyone must contribute by providing intelligence and information. The NSA and the CDS are not magicians; they need timely and accurate reports to act upon.”
Senator Natasha Akpoti-Uduaghan on Thursday hailed the Independent National Electoral Commission (INEC) for rejecting a petition to recall her as the lawmaker representing Kogi Central Senatorial District.
The lawmaker, who was a guest on Channels Television’s Politics Today, said the electoral umpire should have thrown out the petition long before it did on April 3, 2025.
“I’m a lawyer. I’m a senator and I understand how Nigeria works. For me, the most important thing is this recall process has been stalled.
“I give kudos and credit to INEC even though I believe they should have thrown it away from the get-go.
“I think it was void ab initio because there is no law in the Electoral Act that says a petition should be discarded just because there is no address but again, what if the address is false?”
The Peoples Democratic Party (PDP) chieftain argued that most of the addresses provided in the petition for her recall were false because most houses in her district weren’t labelled.
Even though INEC did count 208,000 signatures, I bet you if they had gone into the verification stage, they would have struggled to even have 500 people come out to attest to signing that,” she added.
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