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Buhari seeks Senate approval to replace EFCC with new agency
President Muhammadu Buhari has commenced moves to replace the Economic and Financial Crimes Commission (EFCC) with a new body, Proceeds of Crime Recovery and Management Agency.
President of the Senate, Ahmad Lawan, who read a letter from President Buhari on the proposed bill tagged: “Proceeds of Crime Bill”, said it would address the problem of lack of transparency and accountability associated with the management of recovered funds by anti-corruption agencies in the country.
In the letter, Buhari said the transmission of the piece of legislation to the National Assembly for consideration followed its approval by the Federal Executive Council.
According to the letter dated October 6, the agency would be critical in sustaining the fight against corruption, money laundering and illicit movement of stolen funds through the banking system and across Nigerian borders.
“An important feature of the bill is the creation of the Proceeds of Crime (Recovery and Management) Agency. The objectives of the agency include the enforcement and administration of the provisions of the bill and the coordination of the recovery and management of the proceeds and instrumentalities of unlawful activity in Nigeria in all collaboration with anti-corruption and other law enforcement agencies.
“Most importantly, the agency will ensure that Nigerians can benefit from proceeds of crime by ensuring that once recovery is made, the properties and assets will be secured and that the final forfeitures granted through a court order can be paid into the Confiscated and Forfeited Account to be domiciled in the Central Bank of Nigeria.”
If signed into law, the bill will stop the EFCC and six other anti-corruption agencies from securing freezing orders on suspicious bank accounts under investigation.
The other agencies are the Independent Corrupt Practices and Other Related Offences Commission (ICPC); National Drug Law Enforcement Agency (NDLEA); Nigerian Financial Intelligence Unit (NFIU); National Agency for the Prohibition of Trafficking in Persons (NAPTIP); Code of Conduct Bureau (CCB) and the police.
“The Proceeds of Crime Bill is essential and critical in building and enduring and sustainable foundation for the fight against corruption, money laundering and illicit movement of stolen funds through the banking system and across the Nigerian borders. The bill will also improve the ability of law enforcement agencies to seize, freeze, and confiscated stolen assets in Nigeria while observing all related constitutional and human rights laws,” the President said.
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Osun Rep unveils N100m varsity scholarship
Osun Rep unveils N100m varsity scholarship
The member representing Iwo/Ayedire/Ola-Oluwa Federal Constituency of Osun State, Lukman Kayode Mudashiru, has earmarked N100 million to sponsor indigent students from the constituency for university education.
A statement on Saturday from his media office said successful applicants would be sponsored for four-year undergraduate programmes at Ahman Patigi University, Kwara State.
Mudashiru had set up a scholarship committee comprising respected individuals from the community in order to ensure transparency and efficient selection process.
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He said the goal of the committee was to identify and support indigent students based on merit, assuring that the committee would discharge its duty judiciously “to maximize its impact on the lives of our youths.”
The lawmaker said: “This initiative is a testament to our unwavering dedication to the educational upliftment of our community. We are determined to ensure that deserving students receive the support they need to pursue higher education.
“Education is the bedrock of development, and I am proud to deliver on my promise to support the aspirations of our youths. This scholarship program is an investment in the future leaders of Iwo, Ayedire, and Olaoluwa Local Government Areas, and I am confident that it will yield positive results for our community.”
Osun Rep unveils N100m varsity scholarship
News
Reps to monitor probe of military drone attack
Reps to monitor probe of military drone attack
The House of Representatives say it will monitor the investigation into the military drone attack that killed over 80 Nigerians in Kaduna State on Nov. 3.
Rep. Babajimi Benson, Chairman, House Committee on Defence, gave the assurance in a statement titled, “Tudun Biri tragedy elicits profound sorrow” in Abuja on Saturday.
He expressed regrets over the ugly incident, while tasking authorities of the Nigerian Army and other security agencies to prioritise the safety of civilians during operations.
He urged them to exercise utmost caution, and implement measures to prevent similar occurrences in the future.
He said: “The unfortunate incident in Tudun Biri community, Kaduna state, has cast a sobre mood over the hearts of all Nigerians; the House Committee on Defence is profoundly saddened by this regrettable incident.
“The loss of innocent lives in this tragic incident is heartbreaking, and our thoughts and prayers are with the affected families.
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“We would like to recognise the prompt admission of responsibility by the Nigerian Army following the accidental air strike.”
He commended various stakeholders who played crucial roles in alleviating the suffering of the victims.
He said the incident underscored the significance of exercising caution and precision in military operations, particularly in areas with civilian populations.
He said the committee acknowledged the complexities encountered by the Armed Forces of Nigeria in upholding security and addressing diverse threats across the country.
He commended the dedication and sacrifices exhibited by the Armed Forces and other security agencies in the service of the nation.
“It remains crucial for the public to steadfastly support our troops, acknowledging the intricate nature of the security environment in which they operate.
“The House Committee on Defence will closely monitor the investigations and work collaboratively with the military authorities to ensure that corrective measures are implemented to prevent the recurrence of such unfortunate incidents, ” he said.
Reps to monitor probe of military drone attack
(NAN)
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Tinubu commiserates Saudi Royal family over death of Prince
Tinubu commiserates Saudi Royal family over death of Prince
President Bola Tinubu, on Saturday, commiserated with the Custodian of the Two Holy Mosques, King Salman of Saudi Arabia, and the Royal House of Saudi on the passing of Prince Talal bin Abdulaziz bin Bandar Al Saud who died in jet crash Thursday.
The Saudi Royal Court announced that Prince Talal Bin Abdulaziz died when the Saudi Arabian Air Force’s F-15SA fighter plane crashed in Dhahran on December 7.
However, it did not disclose the injuries that led to the prince’s death.
Talal, 62, who was on a training mission died alongside one other pilot.
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The last rituals for Talal will be carried out at the Imam Turki bin Abdullah Mosque in Riyadh, said the monarchy.
In a statement signed by his Special Adviser on Media and Publicity, Ajuri Ngelale, President
Tinubu expressed grief at the loss, acknowledging the departed Prince’s excellent and dedicated service to his country throughout his outstanding career in the Royal Saudi Air Force and the Saudi Intelligence Agency.
According to the statement titled ‘President Tinubu mourns Saudi Prince Talal Bin Abdulaziz Bin Bandar Al Saud,’ the President prayed God Almighty to grant repose to the soul of the departed, and comfort for the Royal House of Saud, the Kingdom, and all who mourn this irreparable loss.
Prince Talal joins a list of Saudi Royals who were either involved in or lost their lives in aviation accidents dating back to a 2017 helicopter crash that killed Prince Mansour bin Muqrin and seven others near the Saudi-Yemeni border.
Tinubu commiserates Saudi Royal family over death of Prince
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