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EFCC Chairman, Ola Olukayode, threatens to resign if Yahaya Bello is not brought to justice.

Ola Olukayode, EFCC Chairman
The Eyewitness Reporter
The Executive Chairman of the Economic and Financial Crimes Commission,  (EFCC) Mr Ola Olukoyede has expressed his determination to bring the fleeing former Kogi State Governor, Yahaya Bello to justice, vowing to resign if he fails to do so.
The EFCC boss made the pledge on Tuesday in Abuja while addressing media executives at the Corporate Headquarters of the commission.
Bello has been on the run and declared wanted by the anti-graft agency over an allegation of money laundering to the tube of N80,246,470,089.88 (Eighty Billion, Two Hundred and Forty-Six Million, Four Hundred and Seventy Thousand and  Eighty Nine Naira, Eighty Eight Kobo).
The EFCC boss declared that the fleeing former Kogi State Governor can only run but cannot hide.
He also revealed how he made personal efforts to invite the suspect to respond to investigations regarding his alleged involvement in money laundering allegations.

According to the EFCC Chairman,  he had a telephone conversation with Bello offering him ample opportunities to present himself for interrogation by investigators of the EFCC.

“On my honour, I put a call to him to honour him as a former governor.

” He said, I can’t come, claiming that a certain lady has surrounded the EFCC with over 100 Journalists to embarrass or intimidate him and all that stuff.
“I said if that is your fear, I will make you come directly to my floor. I will invite my operatives to interrogate you in my own office.
” What could be more honourable than that? Do you know what he said? ‘Can’t they come to my village?’ My Director of Investigations also sent a message to him”, he said.
The EFCC’s boss said he was worried at the report of larceny available to the EFCC concerning the former governor.
 “A sitting governor, because he knew he was going, he moved money directly from the government’s account to a bureau-de-change to pay his children’s school fees in advance, $720,000, in anticipation that he was going to leave government house”, he said.
He denied the claim that he was being used against Bello, saying he inherited the case file on the suspect.
Olukoyede also disclosed that the EFCC, in its bid to ensure the safety and stability of the foreign exchange market, has uncovered a new fraudulent scheme called P2P, peer to peer trading scheme.
The platform, according to him, is operating outside the official banking and financial corridors, with more than 300 (Three hundred) accounts linked to it already frozen by the EFCC.
He disclosed that if the EFCC has not moved against these Ponzi operators, the Nigerian economy would have once again crashed.
He reaffirmed the commitment of the  Commission to the economic growth and development of the country,   promising that the EFCC would not relent in the exercise of its mandate.

He told the media executives that the Commission has recovered more than N120billion from fraudsters within six months and secured more than 1300 convictions.

He called on Nigerians to be more dedicated to the nation,  insisting that patriotic Nigerians should offer more support to the EFCC because the  Commission is crucial to the growth and development of Nigeria.

‘’If you support the EFCC, you are working for the growth of Nigeria. We all have stakes in the well-being of our nation”, he said.
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Headlines

NIWA partners ICPC to strengthen internal transparency in its operations  

Gloria Odion, Maritime Reporter 
The National Inland Waterways Authority (NIWA) has announced new strategies aimed at improving its operational system and enhancing collaboration with key stakeholders as part of efforts to boost efficiency and accountability.
Speaking at a post event Press Conference at NIWA Headquarters Lokoja, the Acting Managing Director, Umar Yusuf Girei, while answering questions from journalists stated that, the organization convened a two -day Executive and Anti-Corruption training with the theme “Strengthening Integrity and Revenue System in Inland Waterways Management” organized for Board Members, Management and Area Managers and also 2026 NIWA Management Retreat in Abuja.
The Acting MD noted as part of the Renewed Hope Agenda of President Bola Ahmed Tinubu,with the support  Adegboyega Oyetola, Minister of Marine and Blue Economy, the Authority is focused on aligning institutional goals in ensuring better service delivery to Nigerians.
He further said, as part of its anti-corruption drive, the Management held discussions with the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to explore measures for strengthening transparency within its operations.
Girei therefore, assured staff that the ongoing reforms under his watch would translate into improved service and better working conditions.
“NIWA remains committed to continuous improvement and stakeholder engagement and the reforms are expected to enhance both internal performance and public confidence”. he stated.
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Headlines

Navy appoints new Maritime Guard Commander for NIMASA 

Gloria Odion,  Maritime Reporter 

The Chief of the Naval Staff, Vice Admiral Idi Abbas, has approved the appointment of Commodore Reginald Odeodi Adoki as the Commander of the Maritime Guard Command at the Nigerian Maritime Administration and Safety Agency (NIMASA).
Commodore Adoki takes over from Commodore H.C Oriekeze who has been redeployed.

Commodore Adoki, a principal Warfare Officer specializing in communication and intelligence,  brings onboard 25 years experience in the Nigerian Navy covering training, staff and operations.

 As a seaman, he has commanded NNS Andoni, NNS Kyanwa and NNS Kada.
It was under his command that NNS Kada under took her maiden voyage, sailing from the country of build (the United Arab Emirates) into Nigeria.
He was commissioned into the Nigerian Navy in 2000 with a BSc in Mathematics.
 He has since earned a Masters in International Law and Diplomacy from the University of Lagos and an M.Sc in Terrorism, Security and Policing at University of Leicester, England.
He is currently pursuing a Ph.D in Defence and Security Studies at the National Defence Academy (NDA).
He is a highly decorated officer with several medals for distinguished service.

Welcoming the new MGC Commander to the Agency, the Director General, Dr Dayo Mobereola, expressed confidence in Adoki’s addition to the team, emphasising that it will further strengthen the nation’s maritime security architecture given his vast experience in the industry.

The Maritime Guard Command domiciled in NIMASA was established as part of the resolutions of the Memorandum of Understanding (MoU) with the Nigerian Navy to assist NIMASA strengthen operational efficiency in Nigeria’s territorial waters, especially through enforcement of security, safety and other maritime regulations.

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Customs

Customs collects N1.585 trillion from 51 compliant traders under AEO programme 

Funso OLOJO,  Editor 
The Authorized Economic Operator (AEO), one of the trade facilitation tools introduced by the Nigeria Customs Service in 2025, has begun to yield bountiful harvests with the revenue growth of ₦362.79 billion recorded in 2025.
According to the AEO scorecard released by the Service, the facilitation tool grossed the sum of N1.585 trillion after certification, an increase revenue from N1.222 trillion before certification.
This represents the growth of N362.79 billion(29.68 per cent) for 51 AEO – certified entities as at October, 2025.
The Programme, according to the NCS,  also contributed 21.77% to its total revenue collection of ₦7.281 trillion in 2025, while customs duties paid rose by 85.66% due to enhanced compliance and increased volumes of legitimate trade.
According to AEO Monitoring and Evaluation (M&E) Report, the Programme achieved an average compliance rate of 85.45 per cent with the highest at 100 per cent and the lowest at 60 per cent.
“The evaluation applied rigorous methodologies to ensure objectivity, transparency, and alignment with the World Customs Organisation (WCO) SAFE Framework of Standards and the provisions of the Nigeria Customs Service Act, 2023.
“In the area of trade facilitation, AEO participation reduced average cargo clearance time from 168 hours to 41 hours, representing a 75.60% time saving.
“Company operating costs declined by 57.2 per cent while demurrage payments dropped by 90 per cent, limiting capital flight to foreign-owned port service providers and strengthening foreign exchange retention.
” Overall trade efficiency improved by 77.11 per  through digitalisation, simplified procedures, and targeted risk management” the Customs declared in the AEO scorecard.
However, the Service singled out with Eight companies for commendation due to their integrity and compliance under the programme.
The companies include Coleman Technical Industries Limited, WACOT Rice Limited, ROMSON Oil Field Services Ltd, WACOT Limited, Chi Farms Ltd, CORMART Nigeria Ltd, PZ Cussons Nigeria Plc, Nigerian Bottling Company Limited and MTN Nigeria Communications Plc.
The Service lauded them for a cumulative voluntary remittance of over a billion naira into the Federation Account following their self-initiated transaction review and disclosure.
“These actions reflect the strengthening of post-clearance audit mechanisms and a growing culture of voluntary compliance within the trading community.
Nevertheless, the Service suspended a firm under the programme for its non- compliance and display of lack of integrity.
The suspended firm engaged in false declaration of consignments contrary to programme obligations.
“Consequently, the Comptroller-General of Customs, Bashir Adewale Adeniyi, directed the immediate suspension of the company’s AEO status in accordance with the AEO Guidelines, the WCO SAFE Framework of Standards, and Section 112 of the Nigeria Customs Service Act, 2023.
The NCS reiterated that the AEO Programme is founded on trust, transparency, and continuous compliance.
“While compliant operators will continue to benefit from expedited clearance and reduced inspection, appropriate sanctions will be applied where violations are established.
“The Service remains resolute in safeguarding national revenue, facilitating legitimate trade, and preserving the integrity and global credibility of Nigeria’s AEO framework” the NCS concluded in the report.
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