General
Tinubu Lauds EFCC’s N500bn Asset Recovery, 7,000 Convictions
By Adedapo Adesanya
President Bola Tinubu has lauded the achievements of the Economic and Financial Crimes Commission (EFCC) under the leadership of Mr Ola Olukoyede for achieving new heights in asset recovery and convictions.
Speaking at the 7th EFCC-NJI Capacity Building Workshop for Justices and Judges, on Monday, October 20, 2025, at the National Judicial Institute, Abuja, the President, who was represented by Vice President Kashim Shettima, stated that, “As an administration we have prioritized public accountability by strengthening the anti-corruption agencies and accorded them the needed independence to execute their statutory mandates. This enabling environment is evident in the impact that has been made in the last two years.
“The EFCC, for example, has recorded over 7,000 convictions in the first two years of the present administration and recovered assets in excess of Five Hundred Billion Naira. Recovered proceeds of crime by the agency have been ploughed back into the economy to fund critical social investment programmes, including the Students Loan and Consumer Credit schemes.”
Mr Tinubu at the event themed Enhancing Justice in the Fight against Economic and Financial Crimes called on judges and justices to give their utmost in the fight against corruption, noting that the judiciary was critical to a successful anti-crime fight.
He noted that corruption can be rooted out in the country if citizens choose to do what is right and those who deviate are punished accordingly.
“We have an opportunity to consolidate the efforts of the last two years to deliver an optimal anti-corruption framework that will support our peaceful growth and development.
“A Nigeria free of corruption is possible, if we all commit to doing what is right in our respective spheres of influence and ensuring that those who deviate from the norm are not allowed to go scot-free. A robust judicial system is central to the success of anti corruption efforts and I count on our judges.
“We have allowed both the judiciary and the anti-graft agencies to exercise their constitutional and statutory powers to dispense justice and restore sanity.
“The evidence is before your eyes. We cannot claim to have excelled in our pursuit of a transparent system if we do not live by such examples. Courts and judges are strong pillars of the anti-corruption process.
“Except the society has full confidence that those who pillage our resources will be subjected to the rule of law and brought to justice through a fair and transparent process of adjudication, the sneers over our collective commitment to fighting corruption will only get louder.
“This point should resonate with your lordships. Your vantage position on the bench does not insulate you from the consequences of corruption.
“There are no special roads, hospitals or communities for judges. We all shop in the same markets and face the same risk of insecurity which is a culmination of decades of willful theft and wastage of the nation’s resources by corrupt public officials.
“I believe that it is in the interest of all Nigerians, members of the executive, the legislature and the judiciary to join hands in this important task of fighting and winning the war against corruption in Nigeria,” he said.
On his part, Mr Olukoyede in his opening remarks, noted that though he had always been conscious of the enormous role of the judiciary in enforcing the rule of law and accountability in the course of his work in fraud management and regulatory compliance, the last two years of superintending the affairs of the EFCC have further brought the importance of the judiciary as the cornerstone in the fight against corruption into sharper focus.
He regretted the long-winding courtroom procedures that encumber the Commission’s progress in high profile corruption cases.
“The milestones we have recorded in the past two years are almost overshadowed by public concern over the progress of high profile cases in court.
“The seeming convoluted trajectory of many cases involving politically exposed persons evoke gasps of exasperation, incredulity and sometimes disdain by the people. Without mentioning specific cases and courts, there are cases filed by the Commission 15 or 20 years ago that appear in limbo, moving in circles.
“We appeared to have grown accustomed to a predictable pattern in high profile prosecutions: When investigations are concluded, getting PEPS to appear in court to answer to charges is a herculean task itself.
“When that hurdle is overcome, and the charge is read, other antics unfurl. It is either the charges are not properly served, or the defendant who hitherto was fit as fiddle suddenly comes down with some of the most chronic ailments under the sun. A medical report is brandished and technical adjournment procured.
“At other times, defendants recant on the statements they voluntarily made. A trial-within-trial is ordered. If that fails, a no case submission is the ultimate card of rigmarole, and the trial is on a roller coaster, that may stretch until God knows when! The power of the Commission to file a charge is challenged or the neutrality of the trial judge queried.
All of these amount to weaponization of procedures.
“Prioritization of procedural technicalities at the expense of justice undermines public confidence in the fight against corruption and financial crimes.
“This calls for greater circumspection by Your Lordships in making pronouncements and decisions with dramatic implication for the fight against corruption. When cases drag in court, many things happen. Witness fatigue sets in, memories fade and those who had testified may struggle to recall their earlier testimonies. In extreme circumstances, the witness or the prosecutor may have died, or moved on and no longer available to testify. The defendants too grow old and frail, eliciting compassion that was not there in the beginning.
“The longer cases last in court, the more the chance that they slip off popular consciousness, and the image of the court as the temple of justice is eroded. The only victor in the circumstance is corruption.
“My lords, while the Nigerian Judiciary is blessed with competent and courageous judges and justices, the actions and decisions by a few are sources of worry to agencies such as the EFCC,” he said.
Speaking further, the EFCC boss stated that . “For instance, the Commission is disturbed by the trend in which some judges of state high courts issue orders to apprehend the powers of the Commission to investigate money laundering cases, even though it is clearly established that those matters are outside their purview.
“More worrisome is the fact that most of those decisions are made ex-parte. Even where the Commission appeals, there are no restraints in making contempt decisions against it.
“In addition, contradictory decisions by courts of coordinate jurisdiction in high profile corruption cases encumbers the work of the Commission. There is also the case when senior lawyers are allowed to stall the arraignment of corruption suspects through frivolous applications.
“These antics leave the society with suspicion that the courts and the prosecution are not keen about justice. This feeds into the theme of the workshop: Enhancing Justice in the Fight Against Economic and Financial Crimes.
“It is a clarion call to interrogate the absurdities obstructing the flow of the wheel of justice, especially in cases of corruption and other forms of economic crime.”
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.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism9 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn











