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EFCC Arrests 792 Suspects in One Sting Operation in Lagos

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The Economic and Financial Crimes Commission (EFCC) says it has carried out its largest single-day operation against cryptocurrency and romance scam networks, arresting 792 suspects in Lagos.

The EFCC Director of Public Affairs, Wilson Uwujaren, disclosed during a press briefing that the operation, conducted at a seven-storey building known as the Big Leaf Building at No. 7, Oyin Jolayemi Street, Victoria Island, led to the apprehension of 193 foreign nationals, including 148 Chinese, 40 Filipinos, two individuals from Kharzartan, one Pakistani, and one Indonesian.

He said the raid followed months of surveillance and intelligence gathering on the syndicate’s activities.

Uwujaren described the building as designed to mimic a corporate financial headquarters, was allegedly used to train Nigerian recruits in romance and investment scams.

The official said the investigators found the building equipped with high-end desktop computers, and over 500 SIM cards were recovered from just one floor.

He stated that the syndicate reportedly recruited Nigerian youths with advanced computer skills, training them for two weeks on impersonation techniques to target victims in the United States, Canada, Mexico, and Europe.

Uwujaren explained that the recruits created fake online profiles to lure victims through platforms like WhatsApp, Instagram, and Telegram. Once trust was established, victims were directed to a fraudulent investment platform, ‘www.yooto.com’, where activation fees started at $35.

He revealed that the Nigerian recruits were unaware of the full scope of the operation.

“They worked under the supervision of foreign syndicate members and were paid either in cash or through personal accounts without formal employment contracts.

He noted that after securing victims, the recruits were cut off from the operation while the foreign kingpins completed the scams.

The director pointed out that the recovered items included desktop computers, mobile phones, laptops, and vehicles.

He revealed that the EFCC has obtained statements from the suspects and screened their devices, noting that all suspects are being detained under a valid remand warrant, with plans to arraign them in court soon.

Uwujaren highlighted the international nature of the crime, stressing the role of foreign nationals in exploiting Nigeria’s reputation and contributing to global fraud.

“This operation shows that the notion that Nigerians are solely behind these frauds is incorrect. Foreigners are leveraging our unfortunate reputation to establish criminal enterprises,” he said.

“The EFCC is collaborating with foreign partners to ensure that the arrested individuals face justice.

“There will be no hiding places for criminals in Nigeria,” he added.

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Military Retires 656 Personnel after 35 Years of Service

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After 35 years of active service to the country, 656 senior non-commissioned officers (SNCOs) were on Thursday, retired by the military after subjecting them to a six-month demilitarization training.

The retirees were disengaged from service at the Nigerian Armed Forces Resettlement Centre (NAFRC), Oshodi, Lagos amid fanfare.

Those retired comprise 535 soldiers of the Nigerian Army (NA), 86 from the Nigerian Navy (NN), 35 from the Nigerian Air Force (NAF) and two from the Nigerian Defence Intelligence Agency (DIA).

Commending the retirees for their invaluable service to the country, the Chief of the Air Staff (CAS), Air Marshal Hassan Abubakar, said the culmination of their unwavering commitment, relentless hard work, and steadfast discipline throughout their service years led to the graduation.

He said: “No doubt, this six-month training has equipped you with the knowledge and skills to transition effectively into civil life, becoming resourceful managers, entrepreneurs, and contributors to national development.

“The essence of our gathering today brings to mind a local adage: “Soja come, soja go, but barracks remain.”

“While many of us may have joked about this saying during our careers, it holds a profound meaning worthy of reflection. It reminds us that the Nigerian military is more than the individuals who serve within its ranks; it is a resilient institution that safeguards our nation’s existence and endures the test of time.

“As individual service members, transition to new chapters in life; the values, traditions, and impact of their service live on, continually shaping the Armed Forces and the nation as a whole.

“This adage also highlights the significance of the foundation you have built and the legacy you leave behind.

“Although you may no longer wear the military uniform daily, the discipline, courage, and commitment that defined your careers will continue to inspire those who follow in your footsteps, ensuring that the strength of the military remains steadfast.

“As you reintegrate into civilian life, I urge you to carry these values forward, becoming pillars of strength and ambassadors of the military profession in your communities. As ex-servicemen and women, I trust that you will set exemplary standards in your communities, contributing to peace, security, and progress. While the barracks remain, your legacy will resonate far beyond its walls, fostering security, peace, and development in our nation.”

He reminded them that retirement from active service marks the beginning of a new chapter of their lives filled with opportunities and challenges.

“Do not entertain fears about your future, do not be discouraged about leaving the profession, comrades, and the environment in which you have lived for so long.

“With the discipline, training and skills you have received, as well as with God on your side, you will enjoy a bright and prosperous future, filled with long life, good health and a sound mind,” he added.

Earlier in his welcome address, NAFRC Commandant, Air Vice Marshal (AVM) Bashir Mamman, said NAFRC has trained over 51,000 personnel and equipped them with relevant self reliant and managerial skills needed for post service life.

Mamman highlighted achievements of the centre under his watch and listed the goals that would be attained next year, noting that the aim was to make NAFRC the best institution for vocational and management training.

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Chairman, Stanel Group, Stanley Uzochukwu, Congratulates Mahama on Election As President

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The Chairman and Chief Executive Officer (CEO), Stanel Group and the sophisticated The Delborough Lagos, Nigeria, Dr Stanley Uzochukwu, has congratulated Ghana President-elect, Dr John Dramani Mahama, on his victory in the just concluded presidential election.

Ghana held her general elections on Saturday, 7th December 2024 to elect the president and all 276 members of Parliament.

Dr Stanley’s congratulatory message was contained in a press statement he personally signed and made available to newsmen on Wednesday in Lagos, Nigeria.

The Stanel Group boss expressed joy over the peaceful conduct of the Ghana general elections that gave his mentor a historic victory.

The statement reads in part, “I am pleased to congratulate my father and mentor, Dr Mahama on his re-election as Ghana President for the second time.

“It’s a victory for not only Ghanaians but for all African youths. He is a listening leader and I strongly hope that he would empower Ghanaian youths to boost the country’s economy.

“We are ready to partner with his administration in businesses to bring Ghana economic growth to speed for the good of the people.

“All of us at The Delborough Lagos congratulate Mr President-elect. Once again, congratulations!”

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Reduce Petrol Price to N300 Per Litre, Bode George Urges Tinubu at Yuletide

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A former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Bode George, has urged President Bola Tinubu to reduce the price of petrol to N300 per litre, noting that it would enable Nigerians to celebrate the festive season.

He also said the party will overcome its current challenges before the 2027 elections, noting that the ambition of an individual should not be higher than the party’s interest.

Speaking on the need for a reduction in petrol price at a press conference in Lagos, the PDP leader said the reduction should commence immediately.

George said: “What am I suggesting is that by the 15th or the middle of this month, President Tinubu, if he really believes that these Nigerians voted him into power, it is time to give back to them.

“There are two months in any calendar year that are very important months. Whether you are a Christian, a Muslim, an atheist, or a traditionalist, it is common and it is all over the world. The months of December and January are the most important months.

“From the middle of December, at least to the end of January, the cost of petrol should be reduced to N300 per litre. The government can absorb the losses.

“With this, you will be sending a lot of messages of happiness across the tribes and homes. Everybody in Nigeria will be happy because it will positively impact this period of the year.

“It is a challenge and he can do it. If Madam First Lady could donate N1 billion to a university, she could also donate into the coffers to bear this cost. What’s wrong? So that everybody will be able to sleep well with N300 per litre across the board.

“So by the end of January, in the meantime, the prayers, the happiness, the impact of that will drive people up. And the Almighty God will answer our prayers. We need this in this December and January to put a smile on the faces of people.

“Who is the Minister of Petroleum? So he has a singular effort and if he really looks at these cuts in fuel price across all political parties, all human beings, all Nigerians, he will see the joy in them because the cost of items will crash.”

He said there is no organization anywhere in the world that is not riddled with crisis.

He said this at an interactive session in Lagos.

“I call our party (PDP) the Iroko because the party didn’t emerge from anywhere. It is entrenched in our constitution. Section 7 (3c), of the PDP constitution states that there will be and there must be and there shall be zoning and rotation of party positions and elective offices.

“Everything that had been in the South must go to the North. Everything that is in the North must come to the South. So that was what drove some of us because this is justice, equity, and fairness.

“That’s what made some of us say, I will join politics. We were the first to be elected in 1999. The first were appointed the managers.

“They handed over to us these procedures and these doctrines, so suddenly human manipulation came because someone wants to be president.

“So your ambition is now higher than the corporate ambition of everybody. Who the hell are you? And because it’s been going from generation to generation, I’m happy I’m still alive. We can talk about it.

“What they handed over to us, we are telling them, this is what they handed over that made the party to be stable. We will tell ourselves some serious old truths. We messed up ourselves with the manipulation. It started with Ayu,” the party chieftain added.

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