N1.05bn Subsidy Scam: Oil Marketers, Rabiu, Rowaye Convicted

A Federal Capital Territory (FCT) High Court, Abuja presided over by Justice Adebukola Banjoko today, Friday, April 7, 2017 convicted two directors of oil marketing companies, Saminu Rabiu and Jubril Rowaye who were prosecuted by the Economic and Financial Crimes Commission, EFCC on a N1.05billion subsidy fraud.

The duo who were directors of Alminnur Resources Limited and Brilla Energy Limited respectively, were arraigned on October 17, 2012 on a 17-count charge of conspiracy and fraud.

 Details later.

How Nwobike Offered Judicial Worker $2,500 Gratification -Witness

A prosecution witness, Daniel Danladi, an operative of the Economic and Financial Crimes Commission, EFCC, in the ongoing trial of  Dr. Joseph Nwobike, a Senior Advocate of Nigeria, SAN, on Tuesday, March 28, 2017, told Justice Raliat Adebiyi of the Lagos State High Court sitting in Ikeja, how Nwobike allegedly offered gratification to judicial officers to pervert the course of justice.

Nwobike is being prosecuted on a five-count charge of attempting to pervert the course of justice and offering gratification to public officials.

Court Strikes Out Ex-NNPC Boss, Yakubu's Rights Suit

Justice Ahmed R. Mohammed of the Federal High Court, Abuja on Tuesday, March 28, 2017 struck out a fundamental rights suit brought against Economic and Financial Crimes Commission, EFCC, and the Attorney-General of the Federation, AGF, by Andrew Yakubu, a former Group Managing Director, GMD, Nigerian National Petroleum Corporation, NNPC.

Operatives of the EFCC had on February 3, 2017, stormed a building belonging to the former NNPC boss and recovered a staggering sum of $9,772,000 (Nine Million, Seven Hundred and Seventy Two Thousand United States Dollars) and £74,000 (Seventy Four Thousand Pound Sterling) stashed in a huge fire proof safe. 

EFCC Hosts National Anti-Corruption Stakeholders Summit

The Economic and Financial Crimes Commission, EFCC, is hosting a two day National Anti-Corruption Stakeholders Summit themed, Building National Anti-Corruption Consensus in a Multi-Agency Environment.

The Summit, which would engage a host of stakeholders, is geared towards addressing pertinent national issues such as;

Why Senate Regects Magu Nomation Again

Nigerian Senate again rejected the nomination of the Acting EFCC Chairman Ibrahim Magu as the substantive chairman of the Economic and Financial Crimes Commission for the second and final time.

The President of the Senate, Dr. Bukola Saraki while presiding at the plenary said with the rejection of Magu, he seizes to be Acting Chairman of the EFCC. Adding that President Muhamadu Buhari should nominate another head for the anti-graft agency.

A confirmed report has that the State Security Service has insisted the acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, is not fit to head the anti-graft agency because he lacks integrity, a lawmaker has said.

Magu Rejected Again by the Senate, seizes to be Acting Chairman of the EFCC Says the Senate

Nigerian Senate today again rejected Ibrahim Magu as the substantive chairman of the Economic and Financial Crimes Commission.

The Acting EFCC Chairman was rejected by a majority of the Senate membership after over an hour of grueling screening at the National Assembly in Abuja.

Senate President, Dr. Bukola Saraki said with the rejection of Magu, he seizes to be Acting Chairman of the EFCC.

EFCC Arraigns Three Directors For N100m Fraud

The Economic and Financial Crimes Commission on Wednesday 8, March 2017 rearraigned three directors, Gregory Eriyanremu, Frank Ugen and Harriman Isa Oyofo and their company Partsmaster Pil and Gas Limited before Justice T O Uloho of the Delta State High Court sitting in Warri on an amended five counts charge bordering on stealing contrary to Section 390(9)of the Criminal Code, Cap. C21, laws of Delta State of Nigeria 2006.

The trio are alleged to have at different times converted over 100 million meant for the payments of contractors who executed contract job for Delta State Oil Producing Areas Development Commission, DESOPADEC to personal use

N2.8bn Fraud: Ex-NBC Boss, Mba’s Trial Adjourned to April 4

Justice Gabriel Kolawole of the Federal High Court, Abuja, has adjourned to April 4, 2017 for continuation of trial of Emeka Mba, a former Director-General of the Nigerian Broadcasting Commission, NBC, who is facing a 15-count charge of money laundering and procurement fraud to the tune of N2.8billion by the Economic and Financial Crimes Commission, EFCC.

Mba is on trial alongside a former Director of Finance of NBC, Patrick Areh; Basil Udotai (trading in the name and style of Technology Adviser) and Babatunde Amure (trading in name and style of Divine Partners)

The adjournment of the case followed the withdrawal of an objection raised by I. F Chude, counsel to the second defendant (Areh), against the admissibility of Areh’s statement which the prosecuting counsel, Prince Ben Ikani sought to tender as evidence at the last sitting, February 28.

CCT trial : WE ARE NOT INVOLVED IN SARAKI ASSET TRIAL, CCB AGENT TELLS COURT

The Code of Conduct Bureau (CCB) has said that it had no case of false assets declaration against the Senate President, Bukola Saraki until the Attorney General of the Federation (AGF) and the Economic and Financial Crimes Commission (EFCC) filed the criminal charge against the former Governor Kwara State in 2015.

The bureau which has the legal responsibility of vetting assets forms submitted to it by public office holders held that there was no petition or complaint of false asset declaration against the Senate President hence his assets forms were not subjected to probe by the CCB.

Pinnacle Trading & Investment Nig Ltd is NOT EFCC Auctioneer

The Economic and Financial Crimes Commission hereby wishes to dissociate itself from the activities of a certain Messrs. Pinnacle Trading & Investment Nig. Ltd. who have been parading themselves as auctioneers purportedly appointed by the Commission to dispose of impounded petroleum products aboard MT Good Success and MT Asteris.

The general public is hereby warned to refrain from engaging in any activity in relation to the auctioning of any vessel or petroleum product on behalf of the Commission, as EFCC has not duly authorized anyone to act on its behalf in that regard.

N1.4bn Fraud: Jailed Kogi Law Maker, Daudu, Loses Appeal

The Abuja Division of the Court of Appeal today dismissed the appeal filed by a former member of the Kogi State House of Assembly and former Caretaker Chairman, Ogori/Magongo Local Government Area of the state, Gabriel Daudu, asking that his conviction for a N1.4 billion fraud by a Federal High Court Lokoja be set aside.

Daudu, who was prosecuted by the Economic and Financial Crimes Commission, EFCC on a 208 count charge bordering on money laundering and misappropriation of public funds, was found guilty of 77 counts by Justice Inyang Ekwo and sentenced to 154 years imprisonment.

EFCC, Nigerian Army Must Synergize For A More Secured Nigeria – Babalola

The South East Zonal Head of the Economic and Financial Crimes Commission, EFCC, Johnson Babalola, has described the existing relationship between the Commission and the 82 Division of the Nigerian Army, Enugu as very cordial, robust and professional bearing in mind that both organisations have a mutual mandate of securing the Nigerian state.

Babalola made the assertion when the new Commander, Provost Unit of the Division, Col. D.A. Abubakar paid him a courtesy call on Wednesday February 15, 2017 at his office in Enugu.

Corruption: Dismissed EFCC Staff Abubakar Abdu Closes Case

A former employer of the Economic and Financial Crimes Commission, EFCC, Abubakar Abdu, who is challenging the termination of his appointment by the agency on Thursday February 16, closed his case.
Abdu, a former Operative of the Commission had filed a suit against the EFCC before Justice Rakiya B. Haastrup of the National Industrial Court questioning the legality and process of his termination, praying that he be reabsorbed and given his position.

The EFCC had terminated his appointment for engaging in the “crime of attempting to extort money, indiscipline, falsehood and prevarication”. But he argues that he was “incriminated”. He is also accusing the Appointments Promotions and Disciplinary, APDC, of the Commission for not giving him a fair hearing, having thrown out his defence “in order to find him culpable to warrant a termination”.

EFCC Press Release: Magu Commends Officer who Recovered $9.8m from former NNPC GMD

…Says No Police Officer Recovered N42billion for FG.

Acting chairman of the Economic and Financial Crimes Commission EFCC Ibrahim Magu has commended Mr. Adamu Dan Musa, the Commission’s head of operations in Kano Zonal Office, who led a team that recovered over $9.8million from the residence of a former Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Andrew Yakubu in Kaduna. 

He said the officer and his team demonstrated courage, professionalism and integrity in executing the raid that yielded the astounding discovery. He called on staff of the Commission to emulate the team as the EFCC is poised to take the fight against corruption to new heights.

ANTI-GRAFT WAR: NATIONAL HUMAN RIGHTS COMMISSION LAUDS EFCC’S OPERATIONAL METHODS

The Zonal Coordinator, National Human Rights Commission, Enugu, Uche Nwokocha has commended the Economic and Financial Crimes Commission, EFCC, Enugu Zonal office for its professional and logical method in the handling of its cases especially as it bothers on human rights.

Nwokocha made the commendation while delivering a remark during her organisation’s courtesy call to the EFCC South East Zonal Head, Mr. Johnson Babalola at his office in Independence Layout,Enugu.

DIVERSION OF RICE WORTH N5.5, EFCC ARRAIGNED NURA GARBA AND 5 others

The Economic and Financial Crimes Commission, EFCC arraigned one Ibrahim Rabiu and five others before Justice M. SHITU of Federal high Court Bauchi on a three count charge bordering on conspiracy, diversion and conversion of good and received a stolen property to the tune of N5.5 million.


The Suspects Zakari Isa, Nura Garba, Muhammad wada Ibrahim, Ibrahim Rabiu and one Babawo now at large were arrested by EFCC operatives in Bauchi and Jos following a petition by one Alhaji Umaru Sabo of Pantami quarters, Gombe.

Insurgency: Magu Reassures IDPs

The acting chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has told persons displaced by the insurgency in the North East not to be demoralized by their present predicament but to remain strong, adding that there will soon be an end to their travail.

He gave the assurance Saturday, December 31, 2016 during a visit to two internally displaced persons’ camps in Abuja. “I am aware that most of you never expected that you will find yourselves in this predicament. 

There are things we as human beings cannot change. But whatever situation we find ourselves, we can make the most of it. That is the reason I am here today to tell you that I feel your pains and to celebrate this special season with you”, Magu said.

Budget of Recovery and Growth: THE ASO ROCK BUDGET THAT DESERVES YOUR ATTENTION

I know the below write up is long but I really urge all of you to read it...


The first time this budget analysis series ran was for the 2016 budget; and it becomes visible each day that the 1810 page document was a horrid, hurriedly put, corrupts conduit filled piece of executive cluelessness. Well, since I’m more of a realist than any of the other-ists, I’ll just say that the fact that the world lost an entire tree to the making of the paper it was inked on is a tragedy.

We have been given a sequel; the 2017 budget was presented to the National Assembly by the President in the presence of the ministers who drafted it and even slept while the presentation was on and it was called the “Budget of Recovery and Growth.”

If you noticed, it is quite a change from the previous budget of change just like the government’s change mantra. Here are some quotes from the President’s speech on what when passed, will be arguably the most important document in the country, sorry, just checked and it is 63 paragraphs long so I will just skip to analysing the 2017 budget as we await the implementation report of the 2016 budget.

EFCC training for judiciary reporters in Lagos as Don, Others Seek Media Support for Anti-graft War

A lecturer in the School of Communication, Lagos State University, Ojo, Prof. Lai Osho, has urged journalists to support the Economic and Financial Crimes Commission, EFCC, in its war against corruption.

He also urged journalists to be more vigorous and professional in investigative reporting as a way of making the anti-graft war a success in the country. 

Speaking at a one-day workshop organised by the EFCC for journalists in Lagos, Osho, who lauded the EFCC’s recently held Nigerian Women Against Corruption (WAC) programme in Abuja, added that investigative reporting would ensure the setting of agenda for the government.

Senate Did Not Reject Magu’s Nomination – Ndume

The Senate Leader, Ali Ndume, on Monday said contrary to the information currently available to the public, the Upper Chamber of the National Assembly has not rejected the nomination of Mr. Ibrahim Magu as the chairman of the Economic and Financial Crimes Commission.

He said what the Senate had done was just to step down Magu’s screening until issues surrounding the security report concerning him are cleared.