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INTERPOL Makes Shocking Revelation, Says Hundreds of Dollars Laundered Out of Nigeria Every Hour

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The International Criminal Police Organisation’s (INTERPOL) investigation has shown that every hour, hundreds of thousands of dollars are being laundered out of Nigeria across the world.

This disclosure was made in Abuja on Monday by the INTERPOL Vice President for Africa, Garba Umar, while declaring open a four-day training workshop for Nigerian law enforcement agencies at the Economic and Financial Crimes Commission (EFCC) Academy, Abuja.

According to Umar, money laundering across Africa and the entire world has assumed a monstrous dimension and Interpol has designed Silver Notices to combat the menace.

“Evidence has shown that every hour, hundreds of thousands of dollars are flowing out of Nigeria to the region and across the world, laundered before it reaches the pockets of criminals to enjoy the profits of their crimes, while the hardworking and honest Nigerians pay the price of crime”

“With every successful laundering of criminal money, our country becomes more prone to crime. More drugs, more fraud, more corruption and more violence. Every time criminal money is successfully laundered, our financial institutions take an additional blow,” he said.

He stressed that hard times awaited money launderers as the Silver Notices would make illicit funds more difficult to launder in any part of the world.

Speaking on the theme of the Workshop: Strengthening Capacity and Coordination against Financial Crimes, Umar pointed out that financial crimes had become transnational and law enforcement agencies needed regular training for their workforce to be ahead of fraudsters.

He urged participants at the workshop to make it a duty to discuss and learn about transnational crimes affecting their regions, identify possible solutions through a review of policing capabilities to support the country, and facilitate direct and in-person interaction amongst law enforcement networks across the country.

“In essence, this Workshop will allow us to re-examine the challenges of fighting transnational crimes in the country, reassess our strategies, and reaffirm our determination and unity as a country to provide security to our citizens and by extension the global community,” he said.

Umar charged all participants at the workshop to take collaboration with other law enforcement agencies seriously, to advance their investigations and ensure that criminals do not get to enjoy the fruits of their labour.

“The only way we can move forward as a country is by working together and identifying common problems, jointly devising solutions, and taking coordinated and cohesive action. And now is the time that we need to go far, by going together, he said.

Executive Chairman of the EFCC, Ola Olukoyede in his goodwill message, also harped on the need for enhanced collaboration in tackling financial crimes.

He particularly stressed that the complex nature of corruption across the world could only be broken by the might of collaborative actions by every stakeholder. “The daunting nature of the fight against corruption in Nigeria and the world at large deserve serious collaboration among organizations saddled with the responsibility of fighting corruption”, he said.

Olukoyede, who spoke through the Director, Fraud Risk Assessment and Control, FRAC, of the EFCC, Francis Usani, appraised the pivotal role of the EFCC in tackling corrupt practices, especially its impressive records of convictions and recoveries, and expressed optimism that with the new emphasis on preventive framework in tackling financial crimes by the commission, greater progress would be made.

“Our records of convictions and recoveries stand us out, but we will not rest on our oars, we are committed to doing more and in this commitment, the EFCC is re-strategising its operations with a focus on prevention knowing that it is easier and cheaper to prevent corruption from happening than investigating and prosecuting corruption,” he said.

In his remark, Ambassador Extraordinary and Plenipotentiary of Japan to Nigeria, Kazuyoshi Matsunaga, described the workshop as an important joint initiative between Japan and Nigeria to combat financial crimes.

He explained that in the contemporary globalised world, financial crimes transcended borders and required international cooperation among law enforcement agencies to combat them.

“I am delighted that INTERPOL and the Japanese National Police Agency are an integral part of this project, contributing their expertise. A remarkable collaboration took place three years ago when Japanese and Nigerian law enforcement agencies successfully returned a fund to a Japanese fraud victim, earning immense gratitude. Strengthening our partnership through this project will benefit not only Nigerians but people around the world, including the Japanese,” he said.

Director General and Chief Executive Officer, Nigerian Financial Intelligence Unit, NFIU, Hafsat Bakare, spoke about the imperative of strengthening capacity and coordination against financial crimes, pointing out that “ financial intelligence and financial analysis techniques are key to tackling economic crimes”.

“The NFIU, she said, was sensitive to the interconnected nature of the criminal justice system, the threat of organised crime and cybercrimes being fought by law enforcement agencies.

She expressed optimism that the training law enforcement officers would receive at the Workshop would “ sustain efforts being made to ensure that Nigeria exit the Grey List of the Financial Action Task Force possibly by mid-2025.”

Director, Interpol Financial Crime and Anti-Corruption Centre (IFCACC), Isaac Oginni, said the only way to disrupt organised crimes was by denying fraudsters the financial profit behind their criminal enterprise. Besides, financial intelligence could also be utilised well when investigators recognise its value and use it to build a financial profile around suspects.

He challenged participants and stakeholders at the workshop to collectively work together and fight money laundering.

“Each agency represents a different shape of the puzzle with our different strengths and mandates. Each piece of the puzzle forms part of the bigger picture, and even one missing piece will prevent the whole picture from being developed,” he said.

“Today, we will commence the first phase of the Interpol/JICA workshop, a capacity-building project that aims to strengthen Nigeria’s safety through enhancing law enforcement’s capacity to combat financial crime, as well as through increased national cross-agency collaboration and cooperation,” he said.

The four-day workshop, the first of its kind and hosted by the EFCC was organised by INTERPOL and the Japan International Cooperation Agency, JICA. It drew participants from the Police, EFCC, NFIU, Nigeria Immigration Service and the Nigeria Customs Service.

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Sowore ‘Slumps’ Amid Police Teargas During Abuja Protest

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There was panic on Friday after human rights activist, Omoyele Sowore, collapsed following a confrontation with the police during a Democracy Day protest at the Unity Fountain in Abuja.

Reports said that Sowore collapsed after police operatives moved to disperse protesters gathered to demonstrate against insecurity, economic hardship and bad governance.

The demonstrators were dispersed after security personnel fired teargas canisters at the protesters in an apparent attempt to break up the gathering.

Following the incident, Sowore has reportedly been taken to an undisclosed hospital for further examination and treatment.

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Global Stage, Local Heart: Davido Champions Justice for Kidnapped Oyo Schoolchildren at FIFA Concert

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By Shakirat Akintola

He may be selling out arenas worldwide and headlining some of the biggest global stages, but Afrobeats megastar Davido proved this week that his heart remains firmly with the people of Nigeria.

On Wednesday night, during his highly anticipated performance at the official FIFA World Cup Countdown Concert in Los Angeles, the “Unavailable” crooner turned a massive moment of global celebration into a powerful, intentional act of advocacy.

Walking onto the Crypto.com Arena stage, the international icon chose not to wear high-end luxury fashion, but rather a custom black leather jacket designed to honor the 39 schoolchildren and seven teachers violently abducted from the Oriire Local Government Area of Oyo State.
A Global Icon Who Refuses to Forget His Roots

For an artist operating at Davido’s level, navigating massive global brands like FIFA usually comes with strict, highly sanitized corporate boundaries. Yet, the singer intentionally used his massive platform to ensure that the tragedy unfolding back home would not be swept under the rug by international media.

Backstage and throughout his high-energy performance of hits like “Fall,” the singer made sure his wardrobe spoke volumes. The front of his jacket was adorned with green circular buttons, each bearing the individual name of a student or teacher taken from the Ahoro-Esinele community in May.

In a heartbreaking and meticulously planned detail, the names of those still held in captivity were written in white, while the names of the victims who have tragically already died during the ordeal were highlighted in stark red. Across the back of the jacket, the message was clear and unmissable to the millions watching worldwide: “BRING THEM HOME.”

“We Represent Everywhere We Go”
Speaking moments before he climbed the stage alongside international electronic group Major Lazer, Davido was visibly carrying the weight of the situation, showing that his global success hasn’t detached him from the realities facing everyday Nigerians.

“Peace and love everywhere. May God be with the families of the abducted and the ones who have been killed,” Davido said in an emotional backstage address. “They still haven’t been rescued, we’re praying to God every day. We’re also praying to God that the government hastens… My country is going through a lot. We represent everywhere we go.”

This isn’t a passive, one-off gesture for the singer. Despite a grueling international schedule ahead of the 2026 World Cup—where he is prominently featured on the tournament’s official soundtrack album—Davido has consistently used his massive social media presence to demand immediate, decisive action from both federal and state authorities.

Amplifying the Cry for Help

By bringing the Oriire local tragedy to one of the premier entertainment capitals of the world, Davido has forcefully inserted Nigeria’s security challenges into the global conversation.

Back home, the crisis remains critical. The ongoing hostage situation has already sparked a total shutdown of public schools in Oyo State, with the Nigeria Union of Teachers (NUT) declaring an indefinite strike until their colleagues and students are safely returned.

In a landscape where international superstars are often criticized for becoming disconnected from local struggles, Davido’s bold FIFA showcase serves as a stark reminder of what true cultural ambassadorship looks like. He didn’t just perform for the world; he made the world look at the faces and names of the people who need them most.

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Statement on the State of the Nation by Some Concerned Nigerians

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We are a group of concerned Nigerians, alarmed at increasing threats to the Nigerian Nation and desirous of sharing our concerns with fellow citizens.

Our assessment of the state of the Nation reveals that Nigeria stands at a dangerous crossroads where rising insecurity, an alarming level of electoral manipulation by government, and the weakening of democratic institutions are converging into a national crisis that threatens the country’s survival.

Nigeria faces a grave threat to its foundational constitutional principle of the separation of powers. Checks and balances between the branches of government have been imperilled.

The legislative branch has been placed under near total control of the executive branch. The judiciary appears to have lost both its independence and its integrity. There are no checks on the powers of the executive who now govern as they please without accountability or respect for the people’s concerns.

Institutions have been compromised, weakened, and subordinated to the interests of the executive arm of government. This erosion of institutional independence has fuelled public distrust to its highest level in our history creating a crisis of political exclusion and impunity that is pushing violent extremism, organized crime, and communal conflict to a tipping point.

To reverse this trajectory, Nigeria must urgently recommit to democratic accountability, judicial independence, and institutional reforms that strengthen the rule of law. The electoral processes must be transparent, credible, and insulated from executive interference.

The crisis in Nigeria cannot be separated from the broader instability engulfing the Sahel region. The spread of terrorism, arms trafficking, unconstitutional changes of government, and porous borders across countries such as Mali, Burkina Faso, and Niger continue to intensify insecurity in Nigeria and the wider Lake Chad Basin. The collapse of regional cooperation and democratic governance in parts of the Sahel further emboldens armed groups, weakens state authority, and undermines civilian protection across West Africa.

Regional security cooperation between Nigeria and Sahelian states should be revitalized by establishing strong bilateral and multilateral platforms for intelligence sharing, border governance, and community-based peacebuilding initiatives.

Equally important is investing in youth employment, education, social protection, and local conflict resolution mechanisms to address the root causes of radicalization and insecurity.

Recommendations

1. Government should as a matter of urgency recognise that insecurity in the Sahel fuels the Nigerian crisis and that rapprochement between AES (Alliance of Sahel States) and ECOWAS is an important element in Nigeria’s national interest.

2. Government should immediately appoint a high-level Special Envoy for the Sahel to begin the urgent task of rebuilding trust between Nigeria, the AES and ECOWAS while revamping regional mechanisms for peace and security.

3. Civil society organisations should actively sensitize citizens and strengthen public demand for accountability. Nigerians must be bold and courageous in protecting civic rights and resisting the current climate of restricting civic space.

4. We call on the Private Sector as critical stakeholders in the nation-state agenda to continue to support and demand accountability in governance and the promotion of the rule of law as the basic premise of economic progress and nation building. Professional bodies and associations must rise to the challenge of building a broad national consensus to oppose tyranny and ensure maintenance of checks and balances in governance and the protection of the rule of law.

5. We call on our traditional leaders and members of the clergy to rise to the full weight of their moral and civic authority to promote peaceful co-existence, solidarity, and inter-faith dialogue to arrest the current slide to criminality and civil disorder.

6. Given the clear and consistent indications of the lack of neutrality and competence of INEC, professional bodies such as the Nigerian Bar Association, Unions, and other civic groups must set up mechanism of engaging the electoral body to ensure that the 2027 elections are free, fair and credible.

7. The Judiciary must address the perception of its complicity to stall democratic processes. It must remain independent and uphold the rule of law. As a matter of urgency, the Nigerian Bar Association must call its members to order for professional conduct and strengthen its monitoring on the judiciary, it must stay alert and patriotic and ensure political actors play by the rule. The National Judicial Council must set up a framework for holding judges accountable for decisions they take in the context of electoral process.

DATED AT ABUJA, NIGERIA 8th JUNE 2026

1. Dr. Husseini Abdu
2. Amb. Fatima Balla OON
3. Dr. Usman Bugaje
4. Prof. Ibrahim Gambari, CON
5. Dr. Yahaya Hashim
6. Prof. Jibrin Ibrahim
7. Prof. Attahiru Muhammadu Jega OFR
8. Prof. Mohammed Kuna
9. Abubakar Balarabe Mahmoud, SAN, OON
10. Mal Kabiru Yusuf

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