Headline

2019: UK Warns EFCC Against Taking Sides

Published

8 years ago

June 14, 2018

Eric

The British High Commissioner to Nigeria, Paul Arkwright, has asked the Economic and Financial Crimes Commission not to take sides with any political party ahead of the 2019 general elections.

Arkwright also called on the EFCC to collaborate with the Independent National Electoral Commission to ensure that there is no vote buying.

The UK envoy said this when he visited the corporate headquarters of the EFCC in Abuja on Wednesday.

He said, “INEC and EFCC should be there to preserve the integrity of the political process, including taking forward investigations without any prejudice on one side or the other, following the evidence and taking action where it is justified.”

Arkwright further gave assurances of the British Government’s support “both in technical assistance, in investigation and of course broadening support of this great independent institution of the EFCC.”

The high commissioner commended the ant-graft agency for its recent achievements in tackling corruption.

“We are pleased to see how the EFCC operates, and we are assuring you of the endless support of the British Government in the fight against corruption.

“The UK and Nigeria have evolved and made progress in the fight against corruption, and the EFCC’s achievements have been impressive,” he added.

In his remarks, the acting Chairman of the EFCC, Ibrahim Magu, appreciated the British Government for its support, and assured him of the independence of the EFCC in the discharge of its mandate.

He said, “I assure you that there is no political interference in what we do. We will continue to work with stakeholders like INEC who we have an agreement with to ensure that there is no interference to ensure free and fair elections in Nigeria and we will stop people using money to buy votes.”

According to him, the EFCC operates international best practices, and “does diligent preliminary investigation.”

Magu said, “We do not invite anybody here if he is not found to be involved in one offence or crime and that is why when you come here, it takes a lot of efforts to be off the chain. Whatever case that comes to the EFCC is investigated to a logical conclusion. We take the case to court which gives the final decision.”

The Punch

Headline

Defence Gulps Lion Share As Tinubu Presents N58.47trn 2026 Budget to NASS

Published

10 hours ago

December 19, 2025

Eric

President Bola Tinubu has presented a budget of N58.47 trillion for the 2026 fiscal year to a joint session of the National Assembly, with capital recurrent (non‑debt) expenditure standing at N15.25 trillion.

Tinubu presented the budget on Friday, pegging the capital expenditure at N26.08 trillion and putting the crude oil benchmark at US$64.85 per barrel.

He said the expected total revenue is N34.33 trillion, projected total expenditure: N58.18 trillion, including N15.52 trillion for debt servicing. The budget is N23.85 trillion, representing 4.28% of GDP.

The budget was anchored on a crude oil production of 1.84 million barrels per day, and an exchange rate of N1,400 to the US Dollar for the 2026 fiscal year.

In terms of sectoral allocation, defence and security took the lion’s share with N 5.41 trillion, followed by infrastructure at N3.56 trillion.

Headline

Mike Adenuga, Emmanuel Macron Hold High-Powered Meeting in Paris

Published

2 days ago

December 18, 2025

Eric

Accomplished billionaire businessman and Commander of the French Légion d’Honneur, Dr. Mike Adenuga Jr., GCON, CdrLH, has held a private meeting with the French President, Emmanuel Macron.

The two powerful citizens of the world held the meeting on Wednesday at the historic Élysée Palace in Paris.

The high-level engagement underscores the longstanding relationship between Dr. Adenuga and the French Republic, as well as his continued relevance in global business and diplomatic circles.

A respected industrialist and philanthropist, Adenuga has been widely acknowledged for his contributions to economic development, telecommunications, energy, and humanitarian causes across Africa and beyond.

The meeting adds to Dr. Adenuga’s growing profile as a bridge between African enterprise and international leadership.

Headline

Free at Last: Burkina Faso Releases 11 Nigerian Soldiers, Aircraft

Published

2 days ago

December 18, 2025

Eric

Burkina Faso has released Nigerian soldiers who were detained after their aircraft made a forced landing in the Sahelian country earlier this month, Nigerian officials said.

The release followed a diplomatic intervention by President Bola Tinubu, who dispatched a high-level delegation led by the Minister of Foreign Affairs, Yusuf Tuggar, to meet Burkina Faso’s Military Leader, Ibrahim Traoré, on Wednesday.

In a statement, Alkasim Abdulkadir, Tuggar’s spokesperson, said both sides resolved the matter amicably and secured the release of the Nigerian Air Force pilots and crew.

The soldiers had been held for nearly two weeks after the Confederation of Sahel States (AES) described the aircraft’s landing as an “unfriendly act” carried out in defiance of international law.

The Nigerian Air Force, however, said the crew encountered a technical issue that required a precautionary landing in Bobo-Dioulasso, the nearest available airfield. It said the landing complied with standard safety procedures and international aviation protocols.