Connect with us

News

EFCC Chairman Dismisses Tinubu’s Power Sector As Corrupt

Published

on

Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has alleged that the depth of corruption in the power sector would make anyone weep for Nigeria.

He said: “As we speak, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector, you will shed tears.

“People were awarded contracts to supply electricity equipment. Instead of using what they call 9.0 guage, they will go and buy 5.0.

“Every time you see the thing tripping off, the thing gets burnt, and all of that, it falters and it collapses. It’s part of our problems.”

Olukoyede made the revelation during an oversight visit by the House of Representatives Committee on Financial Crimes to the EFCC’s headquarters in Abuja on Tuesday.

He stressed the importance of collaboration between the Commission and lawmakers to combat financial crimes effectively.

One of the key areas of concern, according to Olukoyede, is the power sector, where corrupt practices have been undermining the country’s infrastructure.

It was at this point that the EFCC boss revealed that some contractors awarded contracts to supply electricity equipment were cutting corners.

He said they were using substandard materials that have contributed to the frequent power outages and system failures.

This, he said, is one of the many examples of how corruption in critical sectors is holding back the country’s development.

Olukoyede also discussed the EFCC’s new strategic focus on asset tracing and recovery, which he credited for the agency’s successes over the past year.

Furthermore, he revealed that “For every N10 recovered, perhaps N30 or N40 Naira may have been stolen.

“If we recover about N440 billion and several billions of dollars in a year, imagine the total amount siphoned from our system. That’s the unfortunate reality.

“Thus, we are focusing on prevention. Over the last year, we have established a new directorate for risk assessment and control.

“To recover 10 Naira, you may spend between 4 and 5 Naira. But to prevent 10 Naira from being stolen, you spend less than 1 Naira, based on our research and experience.

“Prevention is, therefore, the more effective way to combat corruption.

“We need more resources to carry out our mandate effectively. Our staff are underpaid, and we need to improve their welfare.”

Reacting, Ginger Onwusibe, Chairman of the House Committee on Financial Crimes, expressed the committee’s readiness to support the EFCC through legislation and improved budget allocations.

Onwusibe also urged the Commission to enhance its operational capacity and strengthen collaborations with other agencies and development partners to improve accountability and efficiency in the fight against corruption.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Stampede: Several Killed, Injured in Abuja, Anambra in Rush to Receive Palliatives

Published

on

By

Not fewer than 10 persons have reportedly died on Saturday morning while several others were injured in a stampede at the Holy Trinity Catholic Church in Maitama, Abuja, during the distribution of food items to vulnerable and elderly individuals.

The Police Public Relations Officer, FCT Police Command, SP Josephine Adeh, said the incident, which happened around 6:30am, resulted in a stampede that claimed the lives of 10 individuals, including four children, and left 8 others with varying degrees of injuries.

While four of the injured have been treated and discharged, the remaining victims are currently receiving medical care.

The FCT Police Rapid Response Squad and the FCT Joint Task Force said they had successfully evacuated the remaining crowd, which numbered over a thousand.

“The FCT Police Command extends its heartfelt condolences to the families of the deceased and wishes a swift recovery to the injured. In a show of compassion and support,” adding that the Commissioner of Police, CP Olatunji Disu has visited the victims in the hospital to offer assistance and reassurance during this difficult time.

To prevent such tragic incidents in the future, the command has mandated all organisations, religious bodies, groups, or individuals planning public events, charitable activities, or large gatherings in the FCT, to notify the police command in advance.

“This notification is crucial for the deployment of adequate security measures to ensure public safety and prevent avoidable tragedies.

“Failure to comply with this directive will result in the organizers being held liable for any incidents or loss of life resulting from negligence,” the statement added.

Similarly in Anambra State, an undisclosed number of people were reportedly trampled to death in Okija, venue of the collection of Christmas rice largesse donated by an indigene of the community.

The Police Public Relations Officer, Anambra State Police Command. SP Tochukwu Ikenga, stated that the incident happened in the early hours of Saturday at Okija.

Preliminary information revealed that the incident occurred when a known philanthropist from the Okiaja community, on his yearly schedule activities, was distributing some palliatives to the members of the community to provide succour to the less privileged, according to the police statement.

“Unfortunately, before the event could start, a large number of uncontrolled persons took over the event area which resulted in a stampede,” the police statement said.

In a video posted online, male voice was heard saying: “These are people (referring to the corpses lying on the ground) who went to share rice at Obi Jackson’s house. We are at Our Ladies (Hospital) now. They were trampled to death. Look at them (about 15 in number), they went to get a share of Obi Jackson’s rice and they were trampled to death. Look at them, including women. They were trampled to death. This person is dead. It’s happening now. Look at many dead bodies everywhere. They are at Our Ladies now. Just watch and see. There are many of them, even pregnant women are among them. It’s happening now, 21st December, it’s an abomination. Look at them, they are still bringing more people. They said some are still unconscious and they are bringing them too. It’s an abomination.”

Our Ladies is a ‘big’ hospital in Ihiala, Anambra State.

The Anambra Police Command, in a statement signed by the Public Relations Officer, SP Tochukwu Ikenga, said its operatives have taken over the scene for proper investigation.

“Anambra State Police Operatives have taken over the scene in Okija to avert further unforeseen circumstances where an alleged stampede occurred in the early hours of today 21/12/2024, that led to some persons being fatally wounded.

“Preliminary information reveals that a known Philanthropist from the Okija Community, on his yearly schedule shares some palliatives to the members of the community to provide succour to the less privileged. Unfortunately, before the event could start, a large number of uncontrolled persons took over the event area which resulted in a stampede.

“Though the details of the affected persons as still sketchy, Police Operatives have taken over the scene for proper investigation, please.

“Further details shall be Communicated”

It would be recalled that a few days ago, a similar incident occurred in Ibadan, Oyo State, where a stampede during a children’s funfair resulted in the deaths of at least 35 children and left six others critically injured.

Continue Reading

News

Obi Has Offered to Meet Farotimi’s Bail, Says Tanko Yunusa

Published

on

By

The presidential candidate of the Labour Party in the 2023 general elections, Mr. Peter Obi, has offered to meet the bail conditions of human rights lawyer, Mr. Dele Farotimi, according a statement by Tanko Yunusa, on X.

An Ekiti court has said Farotimi can be released on bail in a case where he’s accused of damaging Afe Babalola’s reputation.

The bail requirements are as follows: N30 million bond, two people to vouch for him (and one must own a house), give up his passport, and agree not to talk to the media.

Yunusa, who is an ally of the former presidential candidate, wrote that Obi believes in following the law and wants to see this situation resolved in a way that works for everyone.

Yunusa quoted Obi’s offer directly: “I consulted His Excellency, Peter Obi, as the leader of the Obidient Movement. As a respecter of the rule of law, due process, and order, he offered to take Dele Farotimi on the bail conditions.”

Yunusa also mentioned that Obi thanked the courts and everyone involved, saying Obi wants to see the situation resolved fairly for all parties while respecting the legal system.

Continue Reading

News

Ekiti Court Grants Dele Farotimi N30m Bail

Published

on

By

A magistrates’ court sitting in Ado-Ekiti, the Ekiti State capital, has granted N30 million bail to embattled lawyer and human rights activist Dele Farotimi.

At the hearing of the bail application on Friday, Magistrate Abayomi Adeosun ruled in favour of Farotimi’s bail request.

The magistrate stipulated that the bail conditions included two responsible sureties and required Farotimi to surrender his international passport to the court. Additionally, he was instructed not to grant media interviews while the case was ongoing.

The Ekiti Police Command had arraigned Farotimi following a petition from an elder statesman and Senior Advocate of Nigeria, Afe Babalola, who accused the activist of criminally defaming him in his recently-released book.

Continue Reading

Trending