EFCC to monitor govt disbursement of funds through IPPIS – Newstrends
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EFCC to monitor govt disbursement of funds through IPPIS

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EFCC to monitor govt disbursement of funds through IPPIS

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that the commission has been granted access to the Integrated Personnel and Payroll Information System (IPPIS) to track government disbursements and ensure funds are properly utilised.

Speaking during a visit from the Senate Committee on Anti-Corruption and Financial Crimes to the EFCC’s headquarters in Abuja on Monday, Olukoyede emphasised that the EFCC will also monitor constituency projects funded by the government.

“We now have a relationship with the Accountant General’s Office. We have been given access to IPPIS. We want to monitor the releases and track where the money goes,” Olukoyede said. He sought the cooperation of the senators, stating, “We will monitor your constituency projects. I hope you will cooperate with us.”

The EFCC chairman also announced plans to acquire specialised software to track and investigate cryptocurrency trading in Nigeria, an area where the country is reportedly losing billions of dollars due to unregulated activities. Olukoyede said, “We are losing several billions of dollars through unlicensed cryptocurrency trading in Nigeria. The lowest bid we received for the software needed to monitor this activity is 3.4 billion naira.”

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Olukoyede further highlighted the potential revenue from regulating and taxing cryptocurrency trading, noting that Nigeria could generate at least $5 billion annually if the industry were properly monitored.

Reflecting on previous corruption investigations, including the arms procurement scandal, Olukoyede linked the country’s ongoing insecurity challenges to misappropriated funds. He also defended the EFCC’s focus on tackling cybercrime, noting that Nigeria loses approximately $500 million annually to internet fraud.

“People should not criticise us for prosecuting cybercrime. We lose $500 million every year to internet fraud, and it’s a crime that has stained Nigeria’s reputation internationally,” he said.

Olukoyede urged Nigerians to support the EFCC’s efforts to combat corruption and cybercrime, warning that unchecked corruption continues to threaten the country’s stability.

 

EFCC to monitor govt disbursement of funds through IPPIS

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Gunmen kill two soldiers in Abia checkpoint attack

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Gunmen kill two soldiers in Abia checkpoint attack

Early Wednesday morning, gunmen attacked an army checkpoint in Ekenobizi, a border community between Abia and Imo states, located in Umuopara, Umuahia South Local Government Area.

The assailants reportedly arrived around 6:18 a.m. in a white Lexus SUV (model 350/400) and launched an assault that resulted in the deaths of two soldiers.

A military source, who wished to remain anonymous, provided details of the incident but could not confirm the exact number of attackers involved.

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Confirming the incident in a press release on Wednesday, Lieutenant Colonel Jonah Unuakhalu of the Joint Task Force South East Operation UDO KA said: “In the early hours of today, 13 November 2024, troops of the Joint Task Force South East Operation UDO KA, deployed at a checkpoint along the Umuahia – Owerri Road in Umuahia South Local Government Area of Abia State, came under attack by the irredentist group Indigenous People of Biafra and its armed affiliate, the Eastern Security Network.

“During the attack, the gallant troops were able to repel the assault, forcing the attackers to retreat in disarray with gunshot wounds, abandoning one Sienna and one Lexus Jeep used in the attack. However, in the ensuing firefight, two soldiers paid the supreme price.”

The Joint Task Force appealed to residents of the South East, particularly those in Abia State, for credible information to help track down the fleeing attackers and combat criminal elements in the region.

The force reiterated its commitment to protecting lives and property in line with global best practices and the rules of engagement.

 

Gunmen kill two soldiers in Abia checkpoint attack

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94 arrested as task force raids Lagos rail corridor squatters

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94 arrested as task force raids Lagos rail corridor squatters

At least 94 illegal occupants and squatters along the railway corridor from Pen Cinema to Fagba were arrested by the Lagos State Taskforce in an early morning sting operation on Wednesday.

During the raid, substances suspected to be hard drugs—such as Indian hemp, colorado, and other harmful drugs—were seized, along with various weapons.

It was gathered that those arrested attempted to resist the task force’s actions.

In a statement, Director of Public Affairs, Gbadeyan Abdulraheem, confirmed that those arrested will face prosecution.

He added that the agency dismantled shanties and makeshift structures along the railway corridor, clearing a distance of some kilometers.

The Taskforce Chairman Adetayo Akerele explained that the eviction aimed to provide relief for residents around the Fagba, Agege, and Pen Cinema railway routes, following numerous complaints from the public about criminal activities in the area.

He noted that the squatting had violated environmental and sanitary regulations.

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Akerele also highlighted the health and safety risks posed by the presence of squatters along the rail corridor.

He warned the evicted individuals not to return and assured residents and train passengers that regular patrols and surveillance would be conducted to prevent the re-establishment of shanties in the area.

“The rail tracks are not meant for habitation or the sale of narcotics. Anyone caught converting this place into a den of criminals or an area of residence will face severe consequences according to the law,” Akerele was quoted as saying.

Speaking on the raid, Commissioner for Environment and Water Resources, Tokunbo Wahab, disclosed that a locally fabricated short gun was recovered.

“94 suspects were arrested during the midnight operation; a locally fabricated short gun and several wraps of illicit substance suspected to be indian hemp, charm and a jack knife were recovered.

“The suspects will be charged to court accordingly,” Wahab stated in a post on X.

 

94 arrested as task force raids Lagos rail corridor squatters

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Okpebholo sacks all political appointees, Board executives in Edo

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Governor Monday Okpebholo of Edo State

Okpebholo sacks all political appointees, Board executives in Edo

Governor Monday Okpebholo of Edo State has swept out all Board, Parastatal, and Agency appointees from his predecessor, Godwin Obaseki, in a decisive move to overhaul the state’s public service.

A statement released on Wednesday by the Governor’s Chief Press Secretary, Fred Itua, confirmed the immediate dismissal of all political appointees and Permanent Secretaries brought in from outside the state Civil Service.

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The statement reads:

“For the information of the general public, His Excellency, Senator Monday Okpebholo, Governor of Edo State, has approved the dissolution of Executives of all Boards, Agencies, and Parastatals in the Edo State Public Service with immediate effect.

“In addition, all Permanent Secretaries appointed from outside the State Public/Civil Service and all Political Appointees are hereby relieved of their appointments.”

Affected individuals have been directed to return all government property in their possession to the senior Public Officers in their respective Ministries, Departments, and Agencies.

 

Okpebholo sacks all political appointees, Board executives in Edo

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