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EFCC Investigates Akpabio for Alleged N1.4b Bank Gift

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By Punch

The Economic and Financial Crimes Commission (EFCC) has begun a fresh probe of a former Governor of Akwa Ibom State, Mr Godswill Akpabio, over allegations that he gave a gift of N1.4bn to a bank for unknown reasons, Punch is reporting.

The EFCC, it was learnt, had written to the bank to explain why the governor allegedly gave it such a gift.

However, it was learnt that the Akwa Ibom State Government had dragged the commission before the court, challenging its right to investigate state affairs.

A detective at the commission said, “Among several allegations that are already in the public domain, the commission has made some progress in investigating the circumstances in which Apkabio, in 2013, paid N566, 883,728.66; N441,808,081.90; and N392, 631,943.37 as gifts to a new generation bank.”

It was learnt that the state government had ignored seven requests from the EFCC, asking for the release of officials of the government for interrogation as part of the ongoing investigation into the activities of Akpabio, who is now the Senate Minority Leader.

The source added, “On March 7, 2017, the commission wrote to the Secretary to the State Government, asking for the release of Mr Effiong Efiakedoho, the Permanent Secretary, Ministry of Housing and Special Duties, to appear before the EFCC on March 13.

“He was summoned specifically in respect of matters relating to a hotel, Four Point by Sheraton Hotel, Raffia City Plaza, A 342 Highway. There was no response.

“On May 8, 2017, a letter, requesting the Accountant General of the state to appear at the EFCC on May 18, was also ignored.

“The Accountant General was specifically summoned in respect of an aspect of the investigation relating to a company, Sindeng Nigeria Limited.

“The Commissioner for Works was also invited through a letter of May 19, 2017 and asked to report to the commission’s zonal office in Port Harcourt with respect to a road construction contract awarded to Nigturks Civil Technologies Limited. He too failed to honour the invitation.

“A May 26, 2017 letter to the Secretary to the State Government to release the Accountant General of the state for interrogation on June 5, on the Commercial Agriculture Credit Scheme, was also ignored.”

It was learnt that the EFCC, in two separate letters dated June 7, 2017, invited all the aforementioned persons but they failed to show up.

The source told our correspondent that instead of releasing its officials, the Akwa Ibom State Government, through a letter, referenced HAG/MISC/VOL.XV1/164, dated June 28, 2017 and signed by the Attorney General, Uwemedimo Nwoko, stated that it was challenging the powers of the EFCC to investigate states.

Nwoko, therefore, asked the commission to wait till all legal hurdles were crossed before taking action.

A detective said if the matter was allowed to drag, it could affect the case.

Alleged N108bn fraud: EFCC seizes Akpabio’s wife’s school

It was learnt that banks had also failed to provide documents to the EFCC on transactions linked to Akpabio, who has been accused of N108bn fraud during his tenure between 2007 and 2015.

When contacted, Akpabio’s media aide, Mr. Anietie Ekong, said his boss would not want to take issue with anybody since the Commissioner for Justice and Attorney General of Akwa Ibom State had clarified the issue.

“We are aware of the issue because someone else called earlier to confirm the allegation. The Attorney General of Akwa Ibom State has responded to the matter and we are not ready to take issue with anybody,” he said.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Finding a Way Forward Through Life’s Challenges

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Life is full of unexpected moments that test our patience, strength, and perspective. Everyone experiences setbacks, disappointments, and periods of uncertainty. While these moments can feel overwhelming, they also provide opportunities for personal growth and self-discovery.

One of the most valuable lessons we learn is that difficult situations rarely last forever. Time, reflection, and a willingness to adapt often help us move beyond even the toughest circumstances. Maintaining a positive outlook and focusing on practical solutions can make a significant difference.

Relationships also play an important role in overcoming hardships. Support from family, friends, or mentors reminds us that we are not alone. At the same time, learning to let go of anger and resentment can free us from emotional burdens that prevent us from moving forward.

The only way out of the labyrinth of suffering is to forgive. It is nothing to die. It is frightful not to live. Everything was beautiful and nothing hurt.

Personal growth is not about avoiding challenges but about responding to them with resilience and wisdom. Every experience, whether positive or negative, contributes to the person we become. By embracing change and practicing gratitude, we can create a more meaningful and fulfilling life.

In the end, moving forward requires courage, forgiveness, and hope. When we choose to focus on what we can control instead of dwelling on the past, we open ourselves to new opportunities and a brighter future.

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Tinubu Okays Four New Army Divisions, Recruitment of 28,000 Personnel

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By Modupe Gbadeyanka

The establishment of four new army divisions has been approved by President Bola Tinubu, bringing the total to 12.

In a statement on Thursday by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, it was stated that the President also authorised the recruitment of 28,000 additional personnel to strengthen national security.

The new divisions created include 5 Division, with the headquarters in Makurdi covering Benue, Nasarawa and Kogi States; 9 Division, with the headquarters in Ilorin covering Kwara and Niger States; 10 Division, with the headquarters in Jalingo covering Taraba and Adamawa States; and 83 Division, with the headquarters in Benin City covering Edo, Delta and Bayelsa States.

It was disclosed that the establishment of the new Divisions in Makurdi, Ilorin, Jalingo and Benin City will significantly improve command and control, decentralise operational decision-making, strengthen border security, enhance the protection of critical national infrastructure, improve counter-insurgency and internal security operations, and ensure faster military response to emerging threats nationwide.

Implementation of the new force structure will be done in two phases. The first phase, covering the establishment of the 5, 9, and 10 Divisions and the reorganisation of existing formations, will be completed by September 2026. The second phase, involving the establishment of the 83 Division and further reorganisation, is expected to be completed by December 2026.

The statement said the expansion of the Nigerian Army’s structure from eight to twelve divisions will improve the operational effectiveness of the security agency and strengthen national defence capabilities further.

Before now, the Nigerian Army operated 1 Division, with the headquarters in Kaduna covering Kaduna, Kano, Katsina and Jigawa States; 2 Division, with the headquarters in Ibadan covering Oyo, Osun, Ekiti and Ondo States; 3 Division, with the headquarters in Jos covering Plateau, Bauchi and Gombe States; 6 Division, with the headquarters in Port Harcourt covering Rivers, Akwa Ibom and Cross River States; 7 Division, with the headquarters in Maiduguri covering Borno and Yobe States; 8 Division, with the headquarters in Sokoto covering Sokoto, Kebbi and Zamfara States; 81 Division, with the headquarters in Lagos covering Lagos and Ogun States; and 82 Division, with the headquarters in Enugu covering Enugu, Anambra, Abia, Ebonyi and Imo States.

Mr Tinubu reaffirmed his administration’s determination to continue investing in the Armed Forces, ensuring they remain adequately equipped, highly motivated, and fully capable of protecting the nation and guaranteeing the safety and security of all Nigerians.

He lauded the Chief of Army Staff, Lieutenant General Waidi Ibrahim Shuaibu, and all officers and soldiers of the Nigerian Army for their dedication, professionalism, and steadfast commitment to defending Nigeria’s sovereignty and territorial integrity.

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Sahara Group Triggers New Thinking on Energy, Investment, Journalism at Asharami Square 3.0

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Asharami Square 3.0

By Dipo Olowookere

The need for new thinking on energy transition, infrastructure financing and energy journalism has been emphasised by a leading energy company, Sahara Group.

The organisation, at the 2026 Asharami Square held in Lagos on Wednesday, July 22, stressed the need for solution-based journalism for better results.

At the event themed Energising Africa’s Future: Legacy, Impact and Transformation, the Director of Governance and Sustainability at Sahara Group, Ms Ejiro Gray, in her opening remarks, noted that Africa’s energy future must be shaped by local realities, calling for more balanced, evidence-based journalism capable of interrogating the complexities of energy transition, development and sustainability.

“Effective journalism should not only tell us what happened; it should help us understand why it matters, whose interests are affected and what perspectives are missing from the conversation,” she posited.

The Special Adviser to the President on Power Infrastructure, Mr Sadiq Wanka, in his keynote address, highlighted the opportunities emerging within Nigeria’s electricity sector as reforms continue to open new pathways for investment.

He stated that reforms across the sector were creating opportunities in embedded generation, mini-grids, renewable energy, transmission infrastructure and industrial power solutions, while urging journalists to delve deeper into policy reforms, investment opportunities and implementation outcomes.

“The issue is no longer technology. The real challenge is mobilising capital at scale, structuring bankable opportunities and creating an ecosystem that attracts long-term financing,” Mr Wanka said.

At a panel session featuring the Director of Institute of Continuing Education of the University of Lagos, Prof. Abigail Ogwezzy-Ndisika; the chief executive of the Lagos State Electricity Regulatory Commission (LASERC), Ms Temitope George; and the Managing Director of Chapel Hill Denham, Ms Kemi Awodein, it was echoed that Africa possesses significant pools of capital capable of supporting infrastructure development, but that unlocking investment requires stronger governance, investor confidence and better project preparation.

“Energy reporting must go beyond headline events and announcements. Journalists need to ask deeper questions, examine the evidence and connect policy decisions to their impact on communities and everyday lives,” Prof Ogwezzy-Ndisika stated at the panel moderated by the Associate Editor for Africa at Argus Media, Mr Adebiyi Olusolape.

Ms Awodein, during the panel which explored the question: Who is financing Africa’s energy future? Pointed out that “Nigeria has demonstrated that domestic capital can finance transformational infrastructure at scale. The real differentiator is governance, transparency and a clear pathway to value creation.”

Business Post reports that one of the major highlights of the programme was the unveiling of the Asharami Square Energy Reporting Fellowship, which the Head of Corporate Communications at Sahara Group, Mr Bethel Obioma, said was designed to deepen journalists’ understanding of the technical, commercial, environmental and policy issues shaping the energy sector.

He disclosed that this aligns with Sahara Group’s Beyond XXX vision of investing in people and platforms that will help shape Africa’s future, adding that Prof Ogwezzy-Ndisika will serve as the lead assessor for the programme.

“Through the Asharami Square Energy Reporting Fellowship, we are investing in the capacity of journalists to tell more solutions and evidence-based stories that reflect the realities, opportunities and challenges of Africa’s energy transition,” he stated.

Since its launch in 2024, Asharami Square has continued to advance informed dialogue, strategic partnerships and practical solutions that support Africa’s evolving energy landscape and reinforce Sahara Group’s commitment to delivering impact beyond its first three decades.

Asharami Square 3.0 panel

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