EFCC recovers N70bn in 100 days ...receives 3,325 petitions – Newstrends
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EFCC recovers N70bn in 100 days …receives 3,325 petitions

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EFCC recovers N70bn in 100 days …receives 3,325 petitions

The Economic and Financial Crimes Commission has recovered a total of N70,556,658,370.5 within 100 days, between October 2023 and January 19, 2024.

Details of the recovery outlined in an EFCC document titled, ‘Operations and Recoveries’, was obtained on Wednesday.

The document revealed that between October 2023 and January 19, 2024, the EFCC recovered N60,969,047,634.25, $10,522,778.57, £150,002.10, €4,119.90, making a total of N70,556,658,370.5 recovered by the anti-graft commission within the period.

Within the same period, the EFCC received a total of 3,325 petitions, accepted 2,657 of the petitions, and secured the convictions of 747 persons for financial crime offences ranging from money laundering to internet fraud.

The Maiduguri Zonal Command recovered N58,065,870 and $3,370. Gombe Command recovered N127,323,028.50 and $1,500. Kano Command recovered N141,944,451 and $365.

Makurdi Command recovered N53,228, 325. Enugu Command recovered N202,117,000 and $1,950. Uyo Command recovered N25,299,950 and $710, while Port Harcourt Zonal Command recovered N2,412,247,210.05 and $5,714,389.21.

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Sokoto Command recovered the sum of N100,696,118.72, while Kaduna Command recovered N331,494,710.81, $912, £50, and €1,610.

The document also indicated that the Ilorin Command recovered N80,280,580.86 and $880, while the Abuja Zonal Command recovered N825,928,463 and $10,000.

The Ibadan Zonal Command recovered N135,519,810, $14517, £280, and €500, while the Lagos Zonal Command recovered N6,826,993,798.78, $868,284.61, £147,672.10, and €1899.90.

The EFCC, through its Benin Zonal Command, also recovered N49,515,987.09 and $5,700.

Meanwhile, within the same period, the EFCC secured the conviction of 747 for offences ranging from money laundering to cybercrimes.

However, the Chairman of the EFCC, Ola Okukoyede, at a dialogue in Abuja, revealed that most of the 747 convictions secured by the commission, involved persons who were prosecuted for cybercrime offences.

Olukoyede made this known during an EFCC event themed, ‘Dialogue on Youth, Religion, and the Fight against Corruption’, which was held at the Musa Yar’Adua Centre, Federal Capital Territory.

The EFCC boss also launched its Fraud Risk Assessment Project for Ministries, Departments, and Agencies during the event.

EFCC recovers N70bn in 100 days …receives 3,325 petitions

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Lagos govt clears traders from rail tracks at Bolade, Oshodi

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Lagos govt clears traders from rail tracks at Bolade, Oshodi

The Lagos State Government has removed traders operating on the rail tracks at Bolade, Oshodi, following a viral video that raised concerns about public safety.

The announcement was made by Tokunbo Wahab, Lagos State Commissioner for Environment and Water Resources, on Monday.

The clearance was done in collaboration with the Nigerian Army from the nearby Ikeja Cantonment.

Wahab’s statement read: “Following the viral video on social media, we’ve removed traders from the rail tracks at Bolade, opposite Arena Shopping Complex, in collaboration with Nigerian Army personnel from Ikeja Cantonment.” 

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The viral video, originally shared on X (formerly Twitter) by a user identified as @dipoaina1 on December 28, depicted scenes of buying and selling taking place perilously close to the railway tracks.

The footage showed an NRC train on the Lagos-Ibadan rail track passing by as people continued their activities undeterred. The post highlighted the dangers posed by the lack of barriers, with @dipoaina1 suggesting the railway route be fenced with barbed wire to prevent such risky behavior.

The government’s swift response underscores its commitment to ensuring public safety and maintaining order around critical infrastructure. This move also aligns with broader efforts to address safety challenges associated with urban rail transportation in Lagos. However, the incident highlights the need for sustained proactive measures rather than reactive actions to prevent future occurrences.

 

Lagos govt clears traders from rail tracks at Bolade, Oshodi

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Four countries that won’t celebrate New Year

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Four countries that won’t celebrate New Year

In less than 12 hours, countries around the world will be celebrating a New Year – 2025.

However, there are some countries that will not join in the celebration as their calendars differ from the rest of the worlds’.

Ethiopia, Nepal, Iran, and Afghanistan are four countries that won’t be celebrating New Year’s Day 2025.

Ethiopia is a land of ancient traditions and unique cultural identities, including its own calendar system. The Ethiopian calendar, based on the Coptic calendar, comprises 13 months—12 of which have 30 days, while the 13th month, Pagumē, has five or six days depending on the leap year.

The Ethiopian New Year, known as Enkutatash, falls on Meskerem 1, which corresponds to September 11 or 12 in the Gregorian calendar. Interestingly, Ethiopia is about seven to eight years behind the Gregorian calendar, meaning that as the rest of the world enters 2025, Ethiopia will still be in 2017.

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Nepal embraces two traditional calendar systems—Vikram Samvat and Nepal Sambat—making it one of the most unique timekeeping cultures globally. Vikram Samvat, a lunisolar calendar, is the official calendar of Nepal and is approximately 57 years ahead of the Gregorian calendar.

Additionally, the Nepal Sambat, a lunar calendar, is used by the Newar community and runs on its own timeline, adding another layer of distinction to the nation’s calendar traditions. The official New Year celebration in Nepal, called Bisket Jatra, typically falls in April. Hence, January 1 is not a significant date in Nepal.

Iran follows the Solar Hijri calendar, which is one of the most accurate solar calendars in the world. This system begins with the vernal equinox, marking the first day of spring. The Iranian New Year, known as Nowruz, falls around March 21 and is celebrated with elaborate customs and rituals that date back over 3,000 years.

For Iranians, January 1 is an ordinary winter day, with their focus firmly set on the arrival of spring and the renewal it symbolises.

Afghanistan also uses the Solar Hijri calendar, aligning its timekeeping closely with Iran. Similarly, Nowruz marks the New Year in Afghanistan, celebrated with feasts, family gatherings, and cultural events.

Afghanistan’s rich history and adherence to its traditional calendar reflect its cultural pride and resistance to adopting the Gregorian system, making it one of the few nations where January 1 holds no special significance.

 

Four countries that won’t celebrate New Year

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Social media abuzz over Fayose claim of N50m donation to VeryDarkMan’s NGO

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Isaac Fayose

Social media abuzz over Fayose claim of N50m donation to VeryDarkMan’s NGO

 

Social media was set abuzz on the cusp of the new year when Isaac Fayose, the entrepreneur and younger brother to former Ekiti State Governor Ayo Fayose, claimed he had donated a staggering N50 million to the NGO of popular activist VeryDarkMan.

 

In a post that blended philanthropy with a touch of mischief, Fayose teased followers with the declaration, describing it as both a “prank” and a “blessing.”

 

However, the announcement didn’t land smoothly with everyone. While some praised Fayose’s generosity, others demanded proof of the hefty donation.

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“Show us the evidence,” a skeptical follower urged, echoing the sentiment of many. “Without proper investigation, it’s wrong to just believe such claims.”

 

The skepticism grew as other comments poured in. “Send a receipt, even if it’s fake, before we Ekiti people fall for this prank,” one user joked, while another humorously quipped, “Statement of account or no deal!”

 

Some followers, however, leaned into the fun side of the announcement. A playful comment from one admirer read, “I’m proud of you, baby. I’ll donate my kidney to you!” Meanwhile, others took a more serious tone, questioning why Fayose didn’t spearhead his own initiative instead of supporting another.

 

Fayose’s post, now a viral topic, continues to draw both laughter and criticism. While the jury is still out on the truth of the donation, one thing remains certain—Isaac Fayose knows how to get people talking.

 

 

Social media abuzz over Fayose claim of N50m donation to VeryDarkMan’s NGO

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