General
Olukoyede Advocates Collaboration Amid Rising West, Central Africa Illicit Flows
By Adedapo Adesanya
The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, has raised the alarm over the escalating threat of illicit financial flows and cyber-enabled fraud draining the economies of West and Central Africa.
This has led the EFCC helmsman to call for urgent inter-agency collaboration and long-term investment in law enforcement capacity to combat the crisis.
Speaking at the opening of a three-day regional training workshop themed Strengthening Capacity and Coordination against Transnational Regional Financial Crimes, organized by Interpol and the Japan International Cooperation Agency (JICA), he warned that criminal enterprises are evolving quickly, and increasingly transnational in nature.
“The security challenges we face in this region today are largely funded by money laundering and illicit financial flows. Our poorly regulated mining sectors, cash-based economies, and an ungoverned virtual assets ecosystem have made West and Central Africa extremely vulnerable.
“Recent EFCC operations have uncovered syndicates involving foreign nationals, especially from Southern Asia. They are setting up operational cells in Nigeria and other countries. Dismantling such networks requires a coordinated, multi-agency response both locally and internationally,” he stated.
The EFCC boss emphasized the need for collaboration beyond borders, through intelligence sharing, joint tactical operations, and specialized training, especially in new frontiers like sextortion and crypto scams.
“We are not just dealing with traditional financial crimes anymore. The future of economic security in our region depends on how fast we can adapt to the evolving typologies of cybercrime,” he said.
Mr Olukoyede, who also serves as President of the Network of Anti-Corruption Institutions in West Africa, NACIWA, outlined a vision for tighter regional enforcement partnerships.
“My goal is to ensure that all anti-corruption agencies in West Africa collaborate through sustained training, joint operations, and data sharing to make the region a hostile environment for financial criminals. The EFCC is committed to this vision and maintains robust relations with both international and domestic law enforcement agencies,” he stated.
On his part, Mr Susumu Yuzurio, JICA’s Chief Representative in Nigeria, said his agency’s mission aligns with halting these illicit flows as part of broader human security and sustainable development objectives.
“Money laundering and other transnational financial crimes pose direct threats to national and regional security. We aim to build stronger institutions and contribute to global goals like the Sustainable Development Goals, SDGs, ensuring no one is left behind.”
He emphasized the critical role of professionals attending the training, including investigators, prosecutors, regulators, and judges, in defending the region’s financial systems.
“It is your vigilance, expertise, and integrity that form the first line of defence against these crimes,” he said.
Also speaking, Theos Badege, Director Pro Tempore of Interpol’s Financial Crime and Anti-Corruption Centre, IFCACC, said the training would equip regional personnel with tools to trace illicit flows, map criminal networks, and understand new crime patterns.
“Knowledge alone is not enough. We need your commitment, and that of your leaders, to prioritize continuous cross-border collaboration and sustained enforcement action.”
The workshop drew participants from anti-corruption agencies in Ghana, Rwanda, Cape Verde, Sierra Leone, and Southern Africa, as part of a growing regional response to rising financial crime threats that continue to erode public finances, disincentivize investment, and facilitate organized crime.
General
Church Confirms Release Of 151 Abducted Members in Kaduna
By Adedapo Adesanya
The Cherubim and Seraphim Movement Church Worldwide, Ayo Ni O, has confirmed the release and safe return of 151 of its members abducted from Iburu community in Kajuru Local Government Area of Kaduna State.
The abduction, which affected about 177 people, occurred on January 18, 2026. It was initially denied by the Nigeria Police Force and other government agencies, but was later confirmed.
In a statement issued by the Conference Secretary General of the church, Mr Anthony Olusesan Samaiye, it was disclosed that the release of the abducted persons was confirmed through reports from its liaison officers in Kaduna.
According to the statement, Mr Emmanuel Abiodun Adewale Alogbo (JP), described the release as a victory for faith, prayer and dialogue, noting that the breakthrough followed an emergency visit to Kaduna by its leadership and a series of high-level engagements aimed at securing the freedom of the abducted worshippers.
The Cherubim and Seraphim Church expressed gratitude to the Kaduna State government, particularly Governor Uba Sani, for what it described as his commitment to dialogue and the coordination of state resources that contributed to the successful outcome.
Special appreciation was also extended to the Governor’s Chief of Staff, Mr Sani Liman Kila, and the Senior Special Assistant on Religious Affairs (Christian Matters), Mr Ishaya Jangado, for facilitating engagement between the church and the state government.
The church noted that the incident demonstrated the importance of cooperation between religious leaders and government authorities in addressing security challenges and protecting citizens.
It also acknowledged prayers and support from the Christian Association of Nigeria (CAN), the Organisation of African Instituted Churches (OAIC), the international community and Christians worldwide.
While celebrating the release, the church said it was mindful of the trauma experienced by the victims and disclosed that its welfare and medical teams had been mobilised to provide psychosocial support and care to the affected members and their families.
The church called for sustained peace in Kaduna State and across Nigeria, urging authorities to continue efforts to ensure the safety of all citizens, regardless of religious affiliation.
General
2027 Elections: I Won’t be Vice Presidential Candidate—Peter Obi Insists
By Adedapo Adesanya
As activities for the 2027 general elections begin to take shape, the former presidential candidate of the Labour Party in the 2023 presidential poll, Mr Peter Obi, has again ruled out the possibility of contesting as a vice presidential candidate next year, saying he is contesting to be on the ballot.
Speaking ahead of the Abuja Municipal Area Council (AMAC) election in the Federal Capital Territory, he said, “You see this coming election, support us in AMAC; it will help me. Your support in AMAC is critical to our journey. I am involved and contesting the coming election as number one. When I come back, you will see. I assure you.”
Mr Obi vied for the 2023 presidency on the LP platform, emerging third overall behind Mr Atiku Abubakar and President Bola Tinubu.
In December 2025, he defected to the African Democratic Congress (ADC), where his teeming supporters popularly known as Obidients have urged him to only pursue the presidential ticket.
Mr Abubakar, who chose Mr Obi as his vice presidential candidate in the 2019 polls, is also a member of the ADC. The men finished in second and third places, respectively in the last presidential election, which President Tinubu won with 37 per cent of the votes.
Speaking at the campaign venue, Mr Obi emphasised to his supporters the importance of backing the ADC candidate in the AMAC election, noting that their support at the grassroots would go a long way in bolstering his national political journey.
The ADC coalition includes many former allies of Mr Tinubu, including Mr Nasir El Rufai, the former governor of Kaduna State; Mr David Mark, a former Senate President who is serving as the National Chairman of the party, and Mr Rauf Aregbesola, a former Osun Governor and currently the National Secretary of ADC.
The party will be hoping to emulate the success of the ruling All Progressives Congress (APC), which was formed by an alliance of opposition politicians (including Mr Abubakar) in 2013 and caused the ouster of former President Goodluck Jonathan, the first-ever defeat of an incumbent Nigerian president in 2015.
General
CPPE Urges FG to Create Farm Price Stabilisation Plan for Food Security
By Adedapo Adesanya
The Centre for the Promotion of Private Enterprise (CPPE) has called on the federal government to urgently establish a National Farm Price Stabilisation and Farmer Income Protection Framework to safeguard Nigeria’s long-term food security.
This was contained in a policy brief signed by the chief executive of the think tank, Mr Muda Yusuf, on Sunday.
The group warned that while recent import surges have lowered food prices to the delight of consumers, they have simultaneously inflicted severe financial losses on farmers and agricultural investors, creating what it described as “troubling trade-offs and unintended consequences.”
He advised that Nigeria cannot afford a policy regime that undermines confidence in agriculture, one of the country’s most strategic sectors and largest employers of labour.
“The welfare gains from cheaper food have been profound and should be acknowledged. However, the cost to farmers and other investors across the agricultural value chain is equally high and cannot be ignored,” Mr Yusuf stated.
The CPPE boss emphasised the urgent need to strike a sustainable balance between keeping food affordable for consumers and protecting farmers’ incomes, while safeguarding agricultural investment.
According to the policy document, recent import surges of staples such as rice, maize and soybeans have caused serious dislocations in the agricultural investment ecosystem, inflicting severe hardship on farmers and weakening production incentives.
“Although consumers have welcomed the decline in food prices, the long-term consequences are adverse: farmer incomes fall, production declines over time, investment confidence weakens, and the country risks returning to cycles of scarcity and higher prices,” the document warned.
The CPPE identified several structural factors driving recurring farm price collapses in Nigeria, beyond the immediate impact of food imports.
The think tank warned that harvest glut remains a major challenge, with many farmers harvesting the same crops within the same period, causing sudden oversupply. This is compounded by the limited availability of storage facilities, drying centres and cold-chain systems, which forces farmers to sell immediately regardless of market conditions.
The organisation said this is also affected by weak rural logistics, characterised by poor roads, insecurity, high transport costs, and limited aggregation hubs, which make it difficult to move produce efficiently from production zones to high-demand markets.
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