General
Ex-EFCC Boss Abdulrasheed Bawa Exposes Fuel Subsidy Corruption in New Book
By Adedapo Adesanya
The former chairman of the Economic and Financial Crimes Commission (EFCC), Mr Abdulrasheed Bawa, has documented corrupt practices used to siphon public funds under the guise of fuel subsidy payments in his new book.
Mr Bawa revealed this in his soon-to-be published book titled The Shadow of Loot & Losses: Uncovering Nigeria’s Petroleum Subsidy Fraud, according to a statement.
The book exposes Nigeria’s multi-trillion Naira fuel subsidy scandal, unraveling the inner workings of one of the country’s most pervasive financial crimes.
Mr Bawa, drawing from his firsthand experience as a key investigator on the EFCC’s special team that probed the 2012 subsidy fraud, revealed the complexity, and audacity of the corrupt schemes used.
The former head of the anti-graft agency chronicled how billions of Naira were embezzled through ghost importing and over-invoicing as companies submitted claims for fuel that was never imported or inflated shipment volumes to receive excessive subsidy payouts.
Another form adopted by the perpetrators of the scandals, as revealed in the book, is the manipulation of bills of lading, where fraudsters exploited international price fluctuations to claim higher subsidies, by altering shipping documents.
Other sharp practices exposed by Mr Bawa, who served as the EFCC chairman from 2021 to 2023, are round-tripping, double claims, diversion, and smuggling.
“Single shipments were often used to obtain multiple subsidy payments. Subsidised fuel was frequently diverted to black markets or smuggled out of Nigeria for profit.
These practices, Mr Bawa explained, were boosted by forged documents, weak regulatory oversight, and systemic collusion between corrupt government officials and private sector actors.
“The Shadow of Loot And Losses is not just a chronicle of fraud; it is a call to action — a demand for transparency, accountability, and reform in Nigeria’s public finance management, especially in the oil sector,” said Mr Bawa.
Mr Bawa was appointed EFCC Chairman by former President Muhammadu Buhari in February 2021. At the time, he was the youngest person to head the agency and was seen as part of Mr Buhari’s continued anti-corruption agenda.
However, his tenure quickly became controversial due to allegations of corruption, abuse of office, and the continued detention of suspects without trial.
On June 14, 2023, Mr Bawa was suspended by President Bola Ahmed Tinubu. The official reason cited was the need to allow for a proper investigation into allegations of abuse of office during his tenure.
Following the suspension, Mr Bawa was invited and detained by the Department of State Services (DSS) and was held for 134 days.
Reports alleged that he was being investigated for alleged misconduct involving high-profile corruption cases, selective prosecution, and issues with transparency.
Mr Bawa’s later resigned, raising questions about the credibility and impartiality of Nigeria’s anti-corruption institutions, especially given that similar controversies surrounded his predecessors, like Mr Ibrahim Magu.
General
Nigeria’s Democracy Suffocating Under Tinubu—Atiku
By Modupe Gbadeyanka
Former Vice President, Mr Atiku Abubakar, has lambasted the administration of President Bola Tinubu for the turnout at the FCT Area Council elections held last Saturday.
In a statement signed by his Media Office, the Adamawa-born politician claimed that the health of Nigeria’s democracy under the current administration was under threat.
According to him, “When citizens lose faith that their votes matter, democracy begins to die. What we are witnessing is not mere voter apathy. It is a direct consequence of an administration that governs with a chokehold on pluralism. Democracy in Nigeria is being suffocated slowly, steadily, and dangerously.”
He warned that the steady erosion of participatory governance, if left unchecked, could inflict irreversible damage on the democratic fabric painstakingly built over decades.
“A democracy without vibrant opposition, without free political competition, and without public confidence is democracy in name only. If this chokehold is not released, history will record this era as the period when our hard-won freedoms were traded for fear and conformity,” he stressed.
Mr Atiku said the turnout for the poll was below 20 per cent, with the Abuja Municipal Area Council (AMAC) recording 7.8 per cent.
He noted that such civic participation in the nation’s capital, the symbolic heartbeat of the federation, is not accidental, as it is the predictable outcome of a political environment poisoned by intolerance, intimidation, and the systematic weakening of opposition voices.
The presidential candidate of the People’s Democratic Party (PDP) in the 2023 general elections stated that the ruling All Progressives Congress (APC) under Mr Tinubu has pursued a deliberate policy of shrinking democratic space, harassing dissenters, coercing defectors, and fostering a climate where alternative political viewpoints are treated as threats rather than contributions to national development.
He called on opposition parties and democratic forces across the country to urgently close ranks and forge a united front, declaring, “This is no longer about party lines; it is about preserving the Republic. The time to stand together to rescue and rebuild Nigeria is now.”
General
Nigeria Eyes Full Entry into Council of Palm Oil Producing Countries
By Adedapo Adesanya
Nigeria is set to validate a technical committee report geared towards transitioning the country from observer status to full membership of the Council of Palm Oil Producing Countries (CPOPC) in April.
Mr Abubakar Kyari, Minister of Agriculture and Food Security, said this when the council’s mission visited him over the weekend in Abuja, noting that the ministry had constituted a technical committee to consider how the country would seamlessly transit from observer country to membership in CPOPC based on its strategic importance in palm oil production.
“We are conscious of the fact that the palm oil value chain is very strategic for us and identified it as an export crop that can drive foreign exchange for the country and ensure good health in terms of consumption.
“We are conscious of the fact that we need the support of CPOPC countries to provide the country with a new variety of seeds that are climate-smart and resistant so that they can be produced by farmers in the country,” he said.
Mr Alphonsus Inyang, President, National Palm Produce Association of Nigeria (NPPAN), said being a member of CPOPC Nigeria would target over 10 million tonnes of oil palm between 2026 and 2050.
“We are also targeting 2.5 million hectares from among Nigeria households who are out to produce one hectare each, geared towards a N20 trillion annual economy within this period from among Nigeria households.
“We are working side by side with the big players who will be developing plantations,” he said.
The Secretary-General of CPOPC, Ms Izzana Salleh, said the council’s mission to Nigeria was to see how the country could transit from observer status to full membership, among others
She said that the status of the country as an observer nation since 2024 would expire by November.
Ms Salleh assured the country of the council’s readiness to support its vision to strengthen domestic production, enhance food security and build a competitive and sustainable palm oil supply chain.
The official emphasised that being a member of the council would strategically position Nigeria for a greater future regarding oil palm production.
According to her, the visit is to strengthen the council’s engagement with Nigeria, including potential membership in CPOPC.
She said: “The council’s mission to Nigeria aims to advance both Nigeria’s national ambitions and Africa’s collective voice in global agricultural discussions.
“CPOPC was established to promote cooperation among producing nations, empower smallholders, advance sustainability, and ensure fair, science-based global dialogue on vegetable oils.
She emphasised that being a member of the council would strategically position the country for greater future prospects regarding oil palm production and the value chain, as well as export.
“We are ready to support Nigeria’s vision to strengthen domestic production, enhance food security, and build a competitive and sustainable palm oil supply chain,” she said.
General
Violence Mars APC Ward Congress in Oluyole
By Modupe Gbadeyanka
The ward congress of the All Progressives Congress (APC) in Oluyole Local Government Area of Oyo State on Saturday left several party members injured after a violence clash erupted.
According to reports, one of the injured persons was Mr Idowu Oyawale, who served as the campaign Director General of a House of Representatives member in the last general elections, Ms Tolulope Akande-Sadipe.
It was disclosed that he sustained severe injuries during the exercise and is currently receiving treatment at an undisclosed hospital.
The ward congress was organised by the ruling party to elect ward executives across the local government’s wards.
However, it was disrupted at Olomi Ward 7 by suspected heavily-armed political thugs allegedly linked to a member of the party.
It was claimed that the thugs invaded the congress venue at Olomi Basic School 1, dispersing party members and officials supervising the exercise, with stones, clubs and other weapons.
Eyewitnesses said tensions escalated unprovoked over delegates’ lists and ward executive positions. The disagreement reportedly degenerated into physical altercations before the violent attacks on some party members.
It was learnt that security operatives led a tactical team to restore order, peace, and disperse the attackers.
Reacting to the incident, some party leaders and elders condemned the violence, describing it as unfortunate and capable of undermining the credibility of the internal democratic process.
The leaders have called on party chieftains and President Bola Tinubu to immediately order an investigation into the violent attacks.
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