News
N7bn fraud: Religious organisations pipeline for funding terrorists — EFCC alleges
By Denis Matthew, Abuja
The Economic and Financial Crimes Commission (EFCC) has accused religious organisations of bring a pipeline for funding terrorists activities.
The Chairman of the anti-graft agency, Ola Olukoyede disclosed this on Wednesday, January 31, 2024, the Musa Yar’Adua Centre, Abuja, during a one-day dialogue on “Youth, Religion, and the Fight against Corruption.”
He said the EFCC was investigating a N13 billion fraud case when it discovered N7 billion linked to a religious body.
He added that the organisation quickly obtained a restraining order to prevent the EFCC from inviting its leaders.
Olukoyede further said the commission will not give up on the investigation as it is appealing the restraining order in order to recover the stolen funds.
He also said another unnamed religious body was also linked to be laundering money for a terrorist body, which has been killing and destroying Nigerians and Nigeria for a long time now.
The EFCC chairman also revealed that since his assumption of office as the EFCC chairman about three months ago, the commission has secured 747 convictions.
Lamenting the high number of convictions, the EFCC chairman said most of them were from Internet related offences.
The event had the theme: “Youth, Religion and the Fight Against Corruption” and it featured launch of the Interfaith Preaching and Teaching Manual developed by the Interfaith Anti-corruption Advisory Committee (IAAC) of the Commission as a resource to promote abhorrence for corruption among adherents of the two religions: Islam and Christianity.
The Commission’s Fraud Risk Assessment Prevention and Control Project for Ministries, Departments and Agencies, MDAs, was also launched at the event.
Meanwhile President Tinubu who was represented at the event by his deputy, Vice President Kashim Shettima, noted that Nigerians are meticulous, authentic citizens who have been making significant contributions to innumerable fields of endeavours around the world.
“Over the decades, Nigerians have been victims of mislabelling. Such gross misrepresentation fails to reflect the true essence of our diverse and resilient nation. The association of internet crimes with the entire Nigerian populace lacks statistical evidence and does not align with the sociology of everyday Nigerians.
“Our nation comprises hardworking, honest citizens who contribute significantly to various fields globally, from Artificial Intelligence to medicine.
“While we reject blanket stereotyping that undermines the majority upholding principles of integrity and diligence, we must face the fact that we function in an interconnected world where cybercrimes have evolved into a global phenomenon. This poses a threat not only to our nation but to the entire world,” Tinubu stated.
Delivering his speech titled, “Youth, Religion, and Our Battle Against Corruption: A Call to Action,” the President applauded the EFCC “for remaining a moral compass, persistently rousing the nation’s conscience,” just as he said through its operations, the commission has remained vocal in “telling the world that Nigeria is neither complicit nor complacent in confronting the menace of corruption.”
Underscoring the urgency of combating internet crimes and neutralising the threat caused by other forms of corruption head on, President Tinubu assured the anti-graft agency of “the government’s support in its quest to combat these digital offenses.
“We must recognise that the Commission’s lawful efforts to bring fraudsters to book are imperative for the overall well-being of our society. The government is aware that our ambitious goal of eradicating internet offenses and corruption demands an atmosphere steeped in trust and integrity. We must foster open communication channels and ensure that law enforcement actions align with justice and accountability,” he added.
The President also stressed the need to remind Nigerian youths that there are abundant opportunities for lawful enterprises, both within and outside the shores of the country.
This, he said, is the reason why the federal government has taken steps to establish a Students Loan Board to address the financial needs of students.
He continued: “This initiative aims not only to alleviate financial burdens but also to disincentivise criminality by offering a tangible alternative. Our message to the youth is clear: the horizon is wide, and opportunities abound across various sectors.
“Seize these prospects, embark on lawful enterprises, and let your talents shine. The government encourages you to leverage these opportunities, exhibit your capabilities across all sectors, and contribute to the prosperity of our great nation.”
President Tinubu lauded efforts by the EFCC to tackle corruption through the Inter-Faith and Fraud Risk Assessment Projects, saying the “initiative recognises the potential of religion as a tool for ethical reformation and underscores the importance of engaging diverse faith communities in our fight against corruption.
“Simultaneously, this initiative addresses vulnerabilities within government agencies and acknowledges the critical need to fortify these institutions against corrupt practices.
“Our nation is deeply rooted in religious values, and it is crucial to acknowledge that both Christianity and Islam vehemently condemn corruption. With these profound teachings in mind, I urge our revered religious leaders to demonstrate a pillar of guidance,” he added.
The Minister of Foreign Affairs, Amb. Yusuf Tuggar, has challenged the participants of the National Defence College (NDC) Course 32, to reaffirm commitment to upholding the principles of cooperation, tolerance and respect for diversity.
Tuggar, who was represented by Amb. Tiwatope Elias-Fatile, made the call at the NDC International Day organised for allied participants of Course 32, on Saturday in Abuja.
He said the event was organised by the college to foster the existing cordial relationship between Nigeria and the countries of all international participants on the course through showcasing of different cultural heritage
”I also understand that variety of foods from different countries will be served at this event,” he said.
The minister commended the college for the increase in the number of foreign participants
He said that NDC environment had become a diplomatic hub of a sort and not only an academic institution and I think this is highly commendable.
According to him, NDC has provided a platform for them to come together, share their heritage and strengthen the bonds as they appreciate the artifacts, cuisine, traditional dresses and music on display.
“Today, as we celebrate International Day for international participants, let us reaffirm our commitment to upholding the principles of cooperation, tolerance and respect for diversity.
“Let us embrace the notion that our differences are a source of strength, not division, and that by working together, we can overcome even the most formidable of challenges.
“Let us recognise that cultural diversity is a strength, not a weakness.
“For us in Nigeria, we have success stories of how our different cultures have brought us together and make us very strong in a world where division and conflicts often dominate the headlines,” he said.
According to him, this event reminds us that our shared humanity is greater than our differences.
“Let us continue to build bridges of understanding, foster dialogue and promote peace.
”We should strive to create a world where diversity is cherished and inclusivity is the norm,” he said.
Tuggar challenged participants from the 19 countries to continue to be ambassadors and representatives of their nations
He added that their stories, traditions and customs were the bridges that connect them with each other.
In his address of welcome, the Commandant of the College, Rear Adm. Olumuyiwa Olotu, said the International Cultural Fiesta was a routine part of the NDC’s academic programme.
Olotu said said the event culminated the Country Briefs by the international participants where the history and culture of their peoples were highlighted, showing similarities with Nigeria.
He said the briefs by the international participants also highlighted government policies on the economy, security and development in heir respective countries.
According to him, the participants display the culture, artefacts, maps and culinary specialities of their countries during this event.
“This tradition is to foster and deepen the existing cordial relationship between Nigeria and all the countries here represented by our dear international participants.
“This is in addition to the need to strengthen the bond, friendship and comradeship amongst participants.
“In a nutshell, it is a pleasant event that brings joy to the entire college community and today we have participants of NDC Course 32 to do us the honours.
“It is also a family gathering and an avenue for us to take a break from academic work and unwind in a relaxed atmosphere,” he said.
The Commandant said the 2024 edition had participants from 19 countries and Nigeria which include; the Republic of Benin, Botswana, Brazil, Chad, Congo, Cote d’ Ivoire the Gambia, Germany and Ghana.
Others according to him, are; India Liberia, Mali, Nepal, Senegal, Sierra Leone, South Africa, Tanzania, Zambia as well as Zimbabwe.
The Representative of the Diplomatic Corps, Mr Tunde Spencer, from Liberia, said the college had contributed immensely to various aspects of Liberia’s national development.
He commended NDC for the initiative to promote cultural diversity, foster understanding and cultural exchange among the participants.
The Chairman, Senate Committee on Youth and Community Engagement, Sen. Yemi Adaramodu, (APC Ekiti South), said that the recently passed National Youths Service Corps (NYSC) Trust Fund Bill would provide jobs for graduates.
Adaramodu disclosed this when he led a delegation of the committee on official visit to Oyo State NYSC Orientation Camp at Iseyin on Saturday.
He said that the bill would soon be sent to the President for assent and had scaled through both first, second reading and other crucibles of legislation.
The lawmaker said that the provision of the Bill was basically to ensure that corps members get established through the training they had acquired through NYSC Skill Acquisition and Entrepreneurship Development (SAED) programme.
He added that the provision of the Bill also cater for corps members who might wish to go into business after their service year.
“The issue of unemployment and what next for corps members after the service year will be a thing of the past soon.
“The bill will ensure that the dreams of every Nigeria graduate become a reality, “he said.
Adaramodu disclosed that the Senate, in collaboration with relevant government departments, agencies and other stakeholders, would soon work on the upward review of corps members’ allowances across the country.
He said that the Senate, in its legislative agenda, would also consider other youth development programmes aside from those embedded in the NYSC trust fund Bill.
Also speaking, the Oyo State NYSC Coordinator, Mr Abel Odoba, said that NYSC SAED training aimed to empower corps members to consider the possibilities of self-employment or initiating their own businesses.
Odoba noted that the NYSC trust fund Bill would practically eradicate unemployment among graduate youths in Nigeria.
He said that statistics have shown that many corps members who actively engaged in SAED programmes have become employers of labour after their service year.
“The Bill will provide soft landing for corps members who have undergone SAED in securing startup funds.
“Through the trust fund, skilled corps members will be given startup grants so that they will become employers of labour and contribute to development of the nation.
“Country like China and other fast developing nations are exploring skills development to address unemployment.
“A time is coming that certificate will no longer be useful but skills acquired will always make way at all times, “he said.
The News Agency Nigeria(NAN) reports that members of the Senate delegation include Sen. Salisu Afolabi (APC Ogun Central), Sen. Aminu Abbas(PDP Adamawa Central), the clerk – Mrs Ijeoma Chikwem and other principal officers of senate youth development committee.
The Transmission Company of Nigeria (TCN), on Saturday in Benin said that there would be power outage in its Amukpe substation for two weeks.
This is according to a statement signed by the General Manager, Public Affairs TCN Ndidi Mbah.
Mbah said the disruption would begin on May 4 and last till May 17.
The outage according to TCN, is to enable contractors have safe environment to erect two 132KV transmission towers at the substation.
The company also said d that as a result of the intending power outage, there would be no bulk power supply to Benin DisCo through the Adeje industrial, woodland, Mosogar, Sapele and Abraka feeders for the period.
“The transmission Company of Nigeria (TCN) hereby states that it will commence the erection of two (2) number 132kV transmission towers at its Amukpe Transmission Substation.
” And will equally restring a portion of the Benin-Delta and Delta-Oghara 132kV double circuit transmission lines from Saturday, May 4 to May 17, 2024.
“Consequently, Amukpe Substation will be out of power for the duration of the work.
“Also, there will be no bulk power supply to Benin DisCo through the following feeders: the Adeje, industrial Woodland, Mosogar, Sapele and Abraka feeders.
“The outage is necessary to create a safe working environment for the contractor. Completion of the projects will put in place N-1 redundancy that would enable TCN supply bulk electricity to the substation from either the Benin or Ughelli transmission line.
“This means that when one transmission line is faulty, bulk electricity can still be received in the substation from the second line., ” Mbah said.
According to her, TCN apologises for the inconvenience electricity consumers in the substation will experience within the period.
She said that the projects would help ensure a more flexible and consistent bulk power supply through the Amukpe transmission substation when completed
Minister tasks NDC participants on principles of cooperation, diversity
NYSC Trust Fund Bill will create job opportunities for graduates – Senate
Power: Amukpe substation to experience power outage for 2 weeks – TCN
Rt.briscoe, FBNH, Others halts negative performance of stock market
Court orders Sen. Victor Umeh to repay N136m bank debt to AMCON
UNDP, FG partnership needed to achieve inclusion, equity- Minister
-
capital market2 years ago
Rt.briscoe, FBNH, Others halts negative performance of stock market
-
Finance3 months ago
Court orders Sen. Victor Umeh to repay N136m bank debt to AMCON
-
Abuja Update2 months agoUNDP, FG partnership needed to achieve inclusion, equity- Minister
-
Abuja Update1 month ago
Banks drive stock market performance with N147bn gain
-
Business2 weeks ago
Tingo Group unveils Tingo Electric, Tingo Cola drink at Lagos launch
-
Health3 weeks ago
Capacity training will reduce migration of health workers- NPHCDA
-
News4 months ago
Oil thieves sponsoring malicious media campaign against Navy – Spokesman
-
Infotech1 month ago
World Backup Day: NITDA urges Nigerians to ensure backup of data
