International fraud syndicates setting up cells in Nigeria - EFCC – Newstrends
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International fraud syndicates setting up cells in Nigeria – EFCC

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EFCC Chairman, Olanipekun Olukoyede

International fraud syndicates setting up cells in Nigeria – EFCC

The Economic and Financial Crimes Commission chairman, Ola Olukoyede, says organised foreign fraud syndicates are establishing cells in Nigerian cities and recruiting youths into serious organised cybercrimes, including cryptocurrency fraud.

EFCC Spokesperson Dele Oyewale said this in a statement on Thursday in Abuja.

He explained that Mr Olukoyede said this while receiving participants of the Executive Intelligence Management Course 18 of the National Institute for Security Studies on Wednesday in Abuja.

He said the team was led by the institute’s director of studies, Hyginus Ngele, to EFCC.

Mr Olukoyede expressed surprise at how bandits and insurgents were able to sustain their activities in the country over the years.

He noted with concern the rate of flow of small arms and light weapons across the borders and the involvement of non-state actors in the illegal exploitation of minerals in parts of the country.

The EFCC boss said all these activities compounded the threats in the security landscape.

“Another dimension that is not given attention is the discovery, recently, that organised foreign fraud syndicates are establishing cells in Nigerian cities.

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”They are recruiting young Nigerians into serious organised cybercrimes, including cryptocurrency fraud.

”By virtue of the EFCC’s recent discovery, we are beginning to see the likelihood and the propensity that a lot of these people are into illegal importation of arms into the country using cryptocurrency as a means of payment,” Mr Olukoyede said.

According to him, this is an area that must interest all of us.

“In the special operations we carried out in Lagos recently, we arrested 194 foreigners in the heart of Victoria Island.

”They comprised Chinese, Filipinos, Eastern Europeans, Tunisians, and others in one building at a time. You can imagine what these guys are doing—194 of them.

”Some of them don’t even have valid visas, and most of the financial activities they carried out were through cryptocurrency,” he added.

He said the commission also discovered that some of the foreigners arrested were already ex-convicts in their countries.

”Some of them have been convicted and escaped from their countries and found safe haven in Africa, not only Nigeria. We discovered that they are also developing cells in some other African countries by virtue of the investigation we are carrying out,” he said.

The EFCC boss called for spirited efforts at both national and continental levels to combat the menace of internet fraud.

He stressed that the money laundering and national security dimension of the presence of foreign organised crime groups demanded close scrutiny.

“All security, intelligence, and law enforcement organisations in Nigeria and indeed Africa must close ranks in dealing with this challenge,” he said.

Earlier, the NISS commandant, Joseph Odama, who spoke through Mr Ngele, praised Mr Olukoyede’s leadership of the EFCC for the commission’s “remarkable achievements in combating corruption, money laundering, and other financial crimes.”

He noted that the achievements had strengthened Nigeria’s integrity and served as a model for other nations in Africa and beyond.

He said the EFCC, under Mr Olukoyede, had been at the forefront of investigating and prosecuting financial crimes, including those involving non-state actors.

International fraud syndicates setting up cells in Nigeria – EFCC

(NAN)

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FG secures release of 6 women arrested for human trafficking in Cape Verde

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Minister of Foreign Affairs, Yusuf Maitama Tuggar

FG secures release of 6 women arrested for human trafficking in Cape Verde

The Federal Government of Nigeria (FGN) has successfully secured the release of six Nigerian women who were wrongfully detained in Cape Verde over baseless trafficking accusations.

Kimiebi Imomotimi Ebienfa, the spokesperson of the Minister of Foreign Affairs, Yusuf Tuggar, revealed via a statement on  Wednesday, April 16 that the Nigerian Mission in Guinea Bissau worked closely with the Cape Verdean authorities to ensure the women’s release.

She noted that the women had travelled to Cape Verde for vacation but were unfortunately arrested on unfounded human trafficking charges, which were eventually proven to be false.

Ebienfa mentioned that the minister expressed his satisfaction with the successful resolution of the matter and reaffirmed its commitment to safeguarding the rights and well-being of Nigerians abroad.

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The statement read, “The Ministry of Foreign Affairs wishes to happily inform you that the Nigerian ladies who were detained in Cape Verde have all been released and have left the country, too.

“The Ministry engaged Cape Verde authorities via our Mission in Guinea Bissau to secure their release.

“The six ladies travelled to Cape Verde for a holiday and were unfortunately detained on allegations of trafficking, which turned out to be false.”

 

FG secures release of 6 women arrested for human trafficking in Cape Verde

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Bayelsa lawmaker, Wike’s ally exchange blows amid tension over scheduled event [VIDEO]

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Bayelsa lawmaker, Wike’s ally exchange blows amid tension over scheduled event [VIDEO]

A lawmaker in the Bayelsa State House of Assembly and an ally of the Minister of the Federal Capital Territory, Nyesom Wike were captured engaging in a fight.

In a video circulating on social media, the Chief Whip of the Assembly, Hon. Gabriel Ogbara, was seen engaging in a heated struggle with the Ogbia Ward 8 Coordinator of the pro-Wike political group, the NEW Associates.

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The footage was posted by George Turnah, a known supporter of Wike and a former legal adviser to the PDP in the South-South zone.

Turnah, who was recently suspended by the Bayelsa PDP, has been at loggerheads with Governor Douye Diri over plans to organize a rally in Yenagoa in support of Wike. The event is scheduled for Saturday, April 26, 2025.

Despite both Diri and Wike belonging to the PDP, the two powerbrokers have been locked in a quiet political rivalry, particularly over control of the party’s structure in the South-South. Governor Diri currently chairs the South-South Governors’ Forum.

Bayelsa lawmaker, Wike’s ally exchange blows amid tension over scheduled event [VIDEO]

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How Obasanjo, Jonathan, Buhari paid lip service to power sector – Minister

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Minister of Power, Adebayo Adelabu
Minister of Power, Adebayo Adelabu

How Obasanjo, Jonathan, Buhari paid lip service to power sector – Minister

Minister of Power, Adebayo Adelabu, has blamed previous Nigerian presidents and leaders for the lingering crisis in the country’s power sector.

Speaking while receiving a World Bank delegation in his Abuja office, Adelabu said successive administrations failed to take decisive action, leading to the degeneration currently plaguing power generation, transmission, and distribution.

He, however, expressed optimism under the current administration, noting that President Bola Tinubu has shown genuine concern and given total support toward reforms aimed at revamping the power sector.

“We actually have a past that we are not proud of. Over the years, we have only been paying lip service to transforming the power sector but have not worked the talk.

“Previous administrations have kept on doing the same thing all the time and you cannot get different results for that, which is why we have decided to do things differently this time. In all the segments across the sector, we must run away from the past,” Adelabu said in the statement by Bolaji Tunji, his special adviser on strategic communications and media relations.

He said the neglect of critical power infrastructure over the years, “including thousands of kilometres of transmission lines and hundreds of thousands of transformers”, has deepened the challenges in the sector.

“How will you explain the kind of infrastructure that we put together for our transmission network across the country? Thousands of kilometers of power line, thousands of power transformers, hundreds of thousands of distribution transformers that we have not maintained over time and expect them to keep sustaining our energy supply. It is not possible,” Adelabu said.

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“How do we allow our people to be vandalising infrastructure and expect stable electricity? So how do you have a sector with over 12 million customers and our meter is not more than six million and we expect to have a stable industry? No, it’s not possible. So what has happened with past governments?

“In 1984, when the military was in power here, we achieved a 2000 megawatts. Between 1984 and 2023, it took us 40 years to add additional 2000 megawatts. Now we have an average of 5,800 megawatts generation within one and a half years that we came to the office.

“What I’m saying is that, if the past administrations have been adding things like this, we will not be where we are today. And that is why I said that President Tinubu is actually laying the kind of foundation that we need for our country to grow”, he added.

He blamed the Muhammadu Buhari administration for stalling on the Siemens power deal signed in 2019.

“We entered into the Siemens contract in 2019. We never lifted a finger until 2023, when this government came on board. So you can now imagine since this President came in and now look at the mileage we have achieved,” he said.

The minister, however, noted that the pilot phase of the Siemens power project is nearly complete in under two years, expressing confidence in a brighter future for the power sector.

The minister implored the World Bank team to continue to support the Tinubu’s administration to ensure that the investment of the current administration succeeds.

“One thing that this administration has brought to the table is the seriousness, the determination, the commitment to make sure that the power sector is transformed.

“There is very little you can achieve in your agriculture sector, in your transportation sector, in your defense, education, or health; without stable and efficient electricity supply.

“That is why the President is really focusing on this, and he is supporting whatever we need to do to make sure that we transform this sector. He is ready to give us that support”, he noted.

How Obasanjo, Jonathan, Buhari paid lip service to power sector – Minister

(DailyTrust)

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