General
Customs, EFCC, NFIU, Others Renew Effort to Curb Financial Crimes
By Adedapo Adesanya
The Nigeria Customs Service (NCS) has deepened its collaboration with the Economic and Financial Crimes Commission (EFCC) and the Nigerian Financial Intelligence Unit (NFIU) in a renewed effort to curb money laundering, terrorism financing, and other cross-border financial crimes threatening Nigeria’s economy and security.
The move was reinforced at a two-day capacity-building workshop in Lagos, which brought together officers from key security and financial enforcement agencies, including the Department of State Services (DSS) and the Nigerian Immigration Service (NIS).
The workshop, jointly organised by the NCS and NFIU, aims to improve compliance with financial regulations, enhance intelligence sharing, and strengthen institutional resilience against transnational financial crimes.
The training forms part of the federal government’s broader strategy to safeguard Nigeria’s economy from illicit cash movements, terrorist financing, and money laundering, which continue to undermine national stability and investor confidence.
Declaring the workshop open, the Assistant Comptroller-General of Customs, Zone A, Mr Mohammed Babandede, who represented the Comptroller-General of Customs, Adewale Adeniyi, said the initiative reflects NCS’s strategic focus on intelligence sharing and inter-agency synergy to protect Nigeria’s borders from illicit financial flows.
“Inter-agency collaboration remains one of the key policy thrusts of the Comptroller-General’s administration. It has significantly contributed to our national security architecture, especially in countering money laundering and terrorism financing,” Mr Babandede said.
He explained that participants were carefully selected from airports and major land border, areas with high human and cash movement, to enhance operational awareness and proactive enforcement.
“The training will enable participants to exchange ideas, sharpen their detection skills, and develop actionable outcomes. Our goal is to ensure that every officer understands the gravity of illicit financial flows and takes decisive steps to curb them,” he added, according to a statement.
Representing the NFIU, Mrs Maryesther Eworitse, Deputy General Manager, Currency Operations Department, Murtala Muhammed International Airport, applauded the Customs Service for fostering strong institutional collaboration.
She revealed that recent joint operations had exposed suspicious cash movements, including one case involving over $6 million intercepted at the Lagos airport.
“We have intensified our monitoring and installed currency declaration kiosks at international terminals. Travellers must be reminded that any cash above $10,000 must be declared, and non-compliance attracts legal consequences,” Mrs Eworitse warned.
Similarly, the EFCC Head of Investigations, Lagos Zonal Office, Mr Shehu Muhammad, stressed that effective coordination among agencies is vital for tackling sophisticated financial crime networks.
“The customs service leads the currency declaration regime, while the EFCC takes up investigations and prosecutions. Strengthening our synergy means faster results and stronger deterrence against economic sabotage,” Mr Muhammad explained.
General
IHS Nigeria Commissions Recreational Park in Omole Estate Phase 1
By Modupe Gbadeyanka
A new community recreational park has been commissioned by IHS Nigeria in Omole Estate Phase 1, Lagos, delivered within a four-month timeline through collaboration with the Omole Estate Executive Committee, the Lagos State Government representatives, and the Lagos State Parks and Gardens Agency (LASPARK).
The Head of Partnerships for LASPARK) Ms Temitope Okumuyide, said the project aligns with the agency’s mandate to promote healthy and safe environments across Lagos State.
“This park contributes to creating functional and enjoyable green spaces for the citizens of Lagos,” she said, thanking IHS Nigeria for helping in promoting a greener environment across the metropolis.
The chairman of Omole Phase 1 Residents Association, Ms Abimbola Osikoya, expressed gratitude for IHS Nigeria’s generous donation.
“In a city as dynamic as Lagos, spaces like this are essential. This park will serve as a place for relaxation, family bonding, healthy living, and neighborly interaction. The measure of a society is how it cares for its people, and IHS has demonstrated this through meaningful community investment,” she said.
Also, the chairman of the Titilayo Adedoyin Community Development Association, Mr Segun Fayemi, described the park as a landmark achievement, adding, “Out of the 18 sectors in this area, only mine has such a facility. I am the happiest man today.”
During the commissioning of the project, the Director of Sustainability for IHS Nigeria, Ms Titilope Oguntuga, described the project as more than infrastructure, highlighting the social and human value of shared public spaces.
“At IHS Nigeria, we believe infrastructure goes beyond connectivity and technology. It is about people and the environments in which they live, work, and thrive. Recreational and green spaces are critical to promoting well-being, inclusion, and stronger communities,” she said.
She noted that the presence of the IHS team at the event reflected the company’s dedication to the project and the host community, adding that, “The turnout today also shows our commitment and excitement to witness the commissioning of this park.”
General
NISO Blames Gombe Station Disturbance for Grid Collapse
By Adedapo Adesanya
The Nigerian Independent System Operator (NISO) has attributed Tuesday’s national grid collapse to a voltage disturbance at the Gombe transmission substation.
A statement issued by the system operator, while providing updates on repair and restoration efforts, stressed that the incident did not amount to a total system collapse, contrary to reports by some media organisations.
Recall that for the second time this year, the national grid recorded a disturbance that left all distribution companies unable to serve their franchise states. It followed a similar occurrence last Friday.
NISO said electricity supply across the affected areas has since been fully restored following immediate corrective actions by its technical teams, adding that the disturbance originated from the Gombe transmission substation before spreading to other parts of the network.
“The national grid has been fully restored, and electricity supply across the affected areas has since returned to normal.”
“The incident only affected part of the national grid, therefore not a total collapse,” NISO added.
“The event was accompanied by the tripping of some transmission lines and generating units, resulting in a partial system collapse.”
The system operator said restoration efforts commenced shortly after the disturbance and were completed within hours.
NISO disclosed that the voltage disturbance quickly propagated across the transmission network, affecting multiple substations.
The disturbance impacted power infrastructure beyond Gombe before stabilisation measures were implemented.
The voltage disturbance spread to the Jebba Transmission Substation, Kainji Transmission Substation was also affected, while the Ayede Transmission Substation experienced disruptions as the disturbance propagated.
According to NISO, although corrective actions were immediately deployed to stabilise the system and restore normal grid operations, some transmission lines and generating units tripped during the incident.
Nigeria’s power grid has continued to experience recurring disturbances in recent years, raising calls for alternative and proper power infrastructure in the country.
In 2025 alone, the national grid collapsed 12 times, with the last recorded incident occurring on December 29.
Tuesday’s incident represents the second grid collapse recorded in 2026, as well as the second in five days.
General
Manufacturers Kick Against NAFDAC’s Renewed Crackdown on Sachet Alcohol
By Adedapo Adesanya
The Manufacturers Association of Nigeria (MAN) has urged the federal government to intervene and restrain the National Agency for Food and Drug Administration and Control (NAFDAC) from renewing its enforcement of the ban on alcoholic beverages packaged in sachets and small PET bottles.
The Director-General of MAN, Mr Segun Ajayi-Kadir, who made the call in a statement, stressed that NAFDAC’s action contradicted directives from the Office of the Secretary to the Government of the Federation (SGF) issued on December 15, 2025, suspending the implementation of the ban.
Mr Ajayi-Kadir said the renewed enforcement also runs contrary to a March 14, 2024, resolution of the House of Representatives, which followed a public hearing with stakeholders, restrained NAFDAC from banning sachet and PET-bottled alcoholic beverages.
According to him, the conflicting directives from government institutions have created confusion among operators in the wines and spirits sector and are disrupting legitimate businesses, stating that sachet and PET-bottled alcoholic beverages were introduced to serve adult consumers with low purchasing power.
He added that smaller portions could help curb excessive consumption rather than encourage abuse.
Mr Ajayi-Kadir noted that locally produced sachet alcohol was manufactured under hygienic conditions and duly certified by regulatory agencies, including NAFDAC, warning that an outright ban could fuel the proliferation of illicit and unregulated products that pose greater health risks.
He also dismissed claims that the products promote underage drinking, saying such assertions had been contradicted by empirical research.
“We would like to further place on record that the untested assertion of abuse by minors as the basis for the ban has been debated by credible and empirical research that was independently conducted.
“The industry, on its own, has even gone further, notwithstanding the report of the survey, to initiate a series of campaigns in respect of responsible alcohol consumption to discourage underage abuse.
“This has so far cost the operators over a billion Naira in advertisements at all levels of media outreach across the federation.
“This has been very impactful in discouraging abuse by underage persons and has deepened the access restriction landscape,” he said.
Mr Ajayi-Kadir added that the ban threatened jobs, livelihoods and government revenue, while also encouraging smuggling and importation of unregulated alternatives.
He reaffirmed the commitment of MAN to working with regulatory agencies to ensure compliance with standards, while appealing to the Federal Government to direct NAFDAC to halt actions that disrupt members’ operations.
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