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EFCC nabs 34 currency speculators in Abuja

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The Economic and Financial Crimes Commission (EFCC) operatives, assigned to the Taskforce on Currency Mutilation, Dollarization of the Economy, and Forex Malpractice, have apprehended 34 individuals suspected of engaging in foreign exchange fraud. The arrests were made during a sting operation on Friday, following credible intelligence regarding illicit dollar sales in the Wuse Zone 4 area of the Federal Capital Territory Abuja.

As conveyed by EFCC spokesperson Dele Oyewale, the suspects include individuals such as Usman Mohammed, Abdullahi Nasir, Abubakar Saleh, and others listed in the statement. The arrests reflect the EFCC’s ongoing efforts to cleanse and stabilize the foreign exchange market.

Oyewale stated that upon the completion of investigations, the suspects will be brought before the court to face charges.

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Gov Kefas decries blackout in Taraba, condemns delay in power restoration

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Taraba State Governor, Agbu Kefas, has voiced his concern regarding the disruption in electricity supply caused by the reported vandalization of four transmission line towers along the Jos-Gombe 330kV line.

The interruption, which occurred on April 22, 2024, has resulted in a complete blackout in the state for nearly three weeks.

During a press briefing held in Jalingo on Thursday, the governor, represented by his Commissioner of Energy and Economic Development, Naomi Tanko Agbu, denounced the vandalism as senseless. He remarked, “These senseless acts of sabotage have not only compromised the reliability of electrical infrastructure in the North-East region but have also led to widespread inconvenience and hardship for our community, leaving millions in darkness.”

Governor Kefas also criticized the prolonged delay in resolving the issue, attributing it to what he perceives as neglect by the federal government towards Taraba State and the region.

He emphasized the vulnerability of the network serving the North-East region and advocated for the urgent implementation of a robust plan, such as the North-East ring circuit proposed in the TCN expansion plan, to connect the North-East to the South of Nigeria.

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The governor urged residents to stay vigilant and report any suspicious activities or individuals observed near transmission line towers or electrical facilities attempting to vandalize infrastructure. He highlighted that YEDC has provided contact information for whistleblowers to report such incidents.

Furthermore, he called on federal representatives from the state and the North-East region to investigate the prolonged delay in restoring power to the region.

Governor Kefas assured that the state government is fully committed to restoring normal electricity supply and implementing measures to prevent future acts of vandalism.

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BREAKING: Reps halt implementation of cybersecurity levy

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Former Aviation Minister, Hadi Sirika, has returned to the Federal Capital Territory, FCT, to face charges of alleged misappropriation of public funds.

Sirika is scheduled to appear in court on Thursday (today) to face charges brought against him by the Economic and Financial Crimes Commission, EFCC, regarding an alleged N2.7 billion fraud linked to the failed Nigerian Air project.

His arraignment is set to take place before Justice Sylvanus Oriji of the FCT High Court.

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BREAKING: Alleged N2.7bn fraud: Former Aviation Minister, Hadi Sirika arrives court

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Former Aviation Minister, Hadi Sirika, has returned to the Federal Capital Territory, FCT, to face charges of alleged misappropriation of public funds.

Sirika is scheduled to appear in court on Thursday (today) to face charges brought against him by the Economic and Financial Crimes Commission, EFCC, regarding an alleged N2.7 billion fraud linked to the failed Nigerian Air project.

His arraignment is set to take place before Justice Sylvanus Oriji of the FCT High Court.

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