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EFCC Probes N7.5bn NSCDC Embezzlement Allegation

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In a sensational development, the Economic and Financial Crimes Commission (EFCC) has initiated a thorough investigation into a purported embezzlement scheme, implicating contractors associated with the Nigeria Security and Civil Defence Corps (NSCDC).

According to exclusive sources, the probe revolves around the alleged diversion of a staggering N7.5 billion by contractors purportedly working closely with NSCDC’s Commandant General, Ahmed Abubakar Audi.

The source said “The investigators discovered that payments were made to a total of 20 contractors, with a significant sum of N2 billion allocated to three major contractors who each own five companies.

“Each contractor received a retention fee of 5%. Letters of invitation have been sent to these contractors.

“All the contractors have been interviewed except for one woman who has been working tirelessly to avoid it. Who received over 1 billion, and all the funds were discovered to have been converted to USD.

“The contractors made a useful statement that led to the recovery of approximately N1 billion, which the Audi had given to them to avoid being invited.

“The contractors have been under pressure from the EFCC as they have stated that the operatives are so professional that there is nothing to hide, given that they have records at their fingertips.

“One of the contractors informs us that they are planning to start a protest at the NSA office to seek assistance, as they feel that he is the only senior official who can help them reach the CG.

“They applied for jobs as contractors, only to learn that the job was already executed on their behalf by the Director of Procurement, Victor Fayemi, and Anthony Akpan, depending on the contractor they are in touch with. They sent account numbers with individual names, which the investigators informed them are BDC.

“The contractor that is yet to come is the MD of Absolute Solutions, Cerise ltd, BNT arm who have been getting paid since the CG assume office in 2021 and have been using same BDC to exchange funds which she’s always informed that the jobs have been executed on her behalf. The BDC investigated so far include. Main one global and Double Spec Agro.

“Another contractor that received over 1 billion is Sotitrech Computers, Jikol Multipurpose, and have exchanged funds through One Al-Hikma communications and made some refunds.

“It was observed at NSCDC that these payments were meant for jobs that had already been executed, but the contractors had not been paid. If the investigators request the goods, they will be found in the stores, but the main contractors who supplied them were not paid.” the source added

Additionally, sources within the NSCDC have revealed discrepancies in payments intended for staff during elections, alleging that NSCDC personnel received lower compensation compared to counterparts in other sister agencies.

In response to mounting allegations, the Economic and Financial Crimes Commission (EFCC) has taken decisive action by sending letters of summons to several NSCDC officers.

The list includes high-ranking individuals such as Victor Olanrewaju Fayemi, Anthony Akpan Uwen, Patrick Babatunde, Comfort Danladi, Akibo Michael Olusola, Umaru Usman Karshi, Adewale Kukoyi, Joseph Ajayi Ibitulo, A.A Jonathan, Paul Ahepa.

According to the sources, these officers are scheduled to undergo questioning starting from May 2, 2024, as part of the EFCC’s efforts to uncover the truth behind the alleged financial irregularities within the NSCDC.

NEWS

Fuel Price Shock: Nigerians May Soon Pay ₦1,500 Per Litre – Marketers Warn

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Oil marketers have warned that Nigerians may soon pay as much as ₦1,500 per litre for Premium Motor Spirit (PMS), commonly known as petrol, as global oil prices surge following the escalating conflict involving Iran in the Middle East.

The National President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Dr. Billy Gillis-Harry, issued the warning on Tuesday while speaking on a television programme on the impact of the global crisis on fuel prices.

According to him, the current volatility in the international oil market has already pushed petrol prices above ₦1,000 per litre at the depot level, with the ex-depot price from the Dangote Petroleum Refinery now standing at about ₦1,175 per litre.

He explained that once logistics, transportation, and other operational costs are added, the final pump price could rise significantly, possibly reaching ₦1,500 per litre in the near future.

Despite concerns about the rising cost of fuel, Gillis-Harry noted that steady availability of petroleum products from the Dangote Refinery remains a major relief for Nigeria, stressing that consistent supply is better than a nationwide fuel scarcity.

He added that the refinery’s production capacity is helping to stabilize supply across the country at a time when global markets remain highly unstable.

The latest price adjustment by the Dangote Refinery marks the fourth review within two weeks. Petrol prices increased from ₦995 per litre to ₦1,175 per litre, while diesel rose from ₦1,430 to about ₦1,620 per litre.

The development comes amid a sharp spike in international crude oil prices triggered by fears of supply disruptions due to the ongoing Middle East conflict.

Brent crude recently climbed above $102 per barrel, while West Texas Intermediate (WTI) rose to around $101 per barrel.

Industry analysts say the rising oil prices are already having a ripple effect on Nigeria’s downstream petroleum sector, forcing depot operators and fuel marketers to adjust their prices in response to the global market trend.

Meanwhile, the management of Dangote Petroleum Refinery has stated that although Nigeria introduced a crude-for-naira arrangement to support local refineries, the facility still purchases crude oil at international market prices, leaving it exposed to global price fluctuations.

 

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NEWS

Global Crisis: Attacks on Schools Skyrocket 166% – UN Sounds Alarm on Children’s Safety

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The United Nations has raised the alarm over a dramatic surge in attacks on schools worldwide, reporting a 166% increase between 2021 and 2024.

The rise highlights the escalating dangers faced by children in conflict zones.

United Nations Deputy High Commissioner for Human Rights, Nada Al-Nashif, revealed the figures during the annual meeting of the UN Human Rights Council on the rights of the child on Monday.

SEE MORE: The African Union and the United Nations sign an Agreement on preventing and responding to sexual violence in Africa

The session, themed “Mainstreaming the Rights of Children in Armed Conflict: Prevention and Protection,” focused on protecting children amid global conflicts.

Al-Nashif noted that the attacks were particularly concentrated in Sudan, Ukraine, the Gaza Strip, Myanmar, and Ethiopia, where children remain among the most vulnerable victims.

“In 2024, armed conflict directly affected nearly one in six children globally—about 470 million children,” she said. “Years of lost education, trauma, and lasting mental scars shape societies for generations. Long after the fighting subsides, children continue to face deadly risks.”

She highlighted Gaza as having the world’s highest number of child amputees per capita, warning that the impact of war goes far beyond immediate violence.

In Lebanon, government figures show that more than 450,000 people were displaced in less than a week, with at least 394 fatalities, including 83 children, during the 2024 conflict with Israel.

Al-Nashif also stressed the disproportionate risks for displaced children, who are more likely to die from disease linked to unsafe water and sanitation than from direct violence.

In the Democratic Republic of Congo, a 2025 cholera outbreak killed 340 children, underscoring the long-term consequences of conflict.

She called on states to uphold their international obligations to protect children, insisting that protecting children is “both a legal obligation and a humanitarian moral imperative.”

Also speaking at the council, Vanessa Frazier, Special Representative of the UN Secretary-General for Children and Armed Conflict, warned that violence against children continued at extreme levels in 2025.

She urged mainstreaming child protection across peace, security, humanitarian, human rights, and development efforts, emphasizing that children should actively participate in shaping policies designed to safeguard them.

Frazier highlighted her office’s global campaign, “Prove It Matters,” aimed at amplifying children’s voices in conflict resolution and peacebuilding.

The UN report underscores the urgent need for coordinated international action to protect children and ensure their safety in conflict zones worldwide.

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International News

After Turbulent Elections, Portugal Swears In Seguro as President

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Portugal officially inaugurated its new president, Antonio Jose Seguro, on Monday, pledging to bring stability to a nation shaken by political uncertainty and natural disasters.

Seguro, the centre-left candidate, won last month’s presidential run-off against far-right rival Andre Ventura, following weeks of catastrophic storms that killed at least seven people and caused approximately €4 billion ($4.6 billion) in damage.

Speaking at his swearing-in ceremony in Lisbon’s parliament, Seguro emphasized cooperation with the minority right-wing government and vowed to end the country’s “electoral frenzy.”

SEE MORE: Spain, Portugal Plunge Into Darkness Amid Widespread Power Outage

“I will do everything I can to put an end to this electoral frenzy,” he said, pointing to the inability of previous governments to complete their terms.

Amid global crises, including conflicts in the Middle East and a more isolationist US approach under President Donald Trump, Seguro stressed the importance of multilateralism.

“The force of law has been replaced by the power of the strongest,” he remarked.

Seguro succeeds Marcelo Rebelo de Sousa, a conservative who leaves office at 77 after serving two five-year terms.

While the Portuguese presidency is largely ceremonial, Seguro’s leadership signals a commitment to political stability and international engagement.

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