Crime
EFCC Launches 7,000-Man Task Force To Combat Forex Racketeering February 8, 2024 By Anozie Egole, Abiodun Sanusi, Justice Okamgba
EFCC Launches 7,000-Man Task Force To Combat Forex Racketeering February 8, 2024 By Anozie Egole, Abiodun Sanusi, Justice Okamgba....KINDLY READ THE FULL STORY HERE▶
In response to the forex crisis and the continuous depreciation of the naira against the dollar, the Economic and Financial Crimes Commission (EFCC) has deployed a specialized task force comprising 7,000 operatives across its 14 zonal commands to crack down on dollar racketeers…….CONTINUE READING
According to Dele Oyewale, the spokesperson for the anti-graft agency, the EFCC has intensified efforts to curb the illicit activities fueling the pressure on the naira. In a statement released in Abuja on Wednesday, Oyewale revealed that the commission has begun summoning proprietors of private universities and other educational institutions that charge tuition fees in dollars.
The recent weeks have seen a significant devaluation of the naira against the dollar, with the official exchange rate soaring from about 900/dollar to over 1,400/dollar. Central Bank Governor Olayemi Cardoso attributed this trend to various factors, including speculative forex demand, inadequate forex reserves due to low remittance of crude oil earnings, increased capital outflows, and excess liquidity from fiscal activities.
To address the escalating forex crisis, the CBN has initiated a comprehensive strategy aimed at enhancing liquidity in the forex market. This strategy includes measures to unify FX market segments, clear outstanding FX obligations, introduce new operational mechanisms for Bureau De Change operators, enforce the Net Open Position limit for commercial banks, and adjust the remunerable Standing Deposit Facility cap.
Moreover, the EFCC has taken decisive action to enforce existing laws against currency mutilation and the dollarization of the economy. Special task forces have been deployed nationwide to combat these unlawful practices, with recent arrests made in Lagos and Rivers States for issuing invoices in dollars and mutilating the naira.
Private universities and other institutions charging fees in foreign currencies have also been summoned by the EFCC for briefing and sensitization on the legal tender status of the naira in Nigeria. The EFCC remains committed to upholding all relevant laws aimed at safeguarding the economy from abuses and distortions that threaten its stability and growth.
Tension has gripped the University of Jos (UNIJOS) following the discovery of a headless body on the institution’s permanent site this past Tuesday. The victim, whose head was taken by the assailants, was not a student or staff member of the university, but was a local resident known for farming on a plot of land within the campus premises.....KINDLY READ THE FULL STORY HERE▶
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The Discovery: The victim, who was familiar to the community and frequently visited the site early in the morning to farm, was found decapitated in his usual farming spot.
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Targeted Attack: The University’s Chief Security Officer (CSO), Agama Tangni, indicated that the attack appeared deliberate and suggested the assailants may have been monitoring the victim’s routine.
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Security Response: Following the incident, the victim’s body was moved to the Bingham University Teaching Hospital mortuary, and university management was notified.
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Current Status: While the Plateau State Police Command has yet to release an official statement, security personnel have been deployed to strategic areas of the campus to bolster safety and conduct an ongoing investigation to identify the killers and recover the victim’s head.
Crime
Plantain Peel Plot Exposed! Nigerian-British Grandma Busted With 13kg Of Cocaine At Lagos Airport!.
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Airport Arrest: A 67-year-old Nigerian-British caregiver, Mary Yetunde Barek, was arrested at the Murtala Muhammed International Airport in Lagos on June 28, 2026, while attempting to board a flight to London. Authorities discovered 13 kilograms of cocaine hidden inside her luggage, which had been creatively packaged to resemble plantains. The suspect has admitted to owning the illicit materials.....KINDLY READ THE FULL STORY HERE▶
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From Caregiver to Criminal: 67-Year-Old Grandmother Caught in Daring 13kg Cocaine Smuggling Attempt!
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Hidden in Plain Sight! NDLEA Uncovers 13kg of Cocaine Stashed in Fake Plantain Peels in Grandma’s Luggage!
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Grandma’s “Fruit” Gamble Fails! NDLEA Foils Massive 13kg Cocaine Trafficking Bid at MMIA!
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London-Bound Nightmare! Nigerian-British Grandma Arrested Over 13kg Cocaine Discovery at Lagos Airport!
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A former security guard, 22-year-old Sodeinde Olajuwon Phillips, has confessed to his involvement in the murder of Olakitan Ibiyola Oyesiku, a retired Ogun State broadcaster widely known as Aunty Kitan. The 67-year-old Oyesiku, who had retired from Ogun State Television, was killed along with her current security guard, Pelumi Adetayo, at her residence in Agodo village, Kobape, Abeokuta.....KINDLY READ THE FULL STORY HERE▶
The investigation into the deaths was spearheaded by the Ogun State Commissioner of Police, Bode Ojajuni, who revealed that a crucial handwritten note found at the scene played a pivotal role in leading detectives to the suspects.
“We met her lying, facing upward to the sky, and we saw a paper, a note on her chest, and we equally found the same paper differently spread on the table in the living room,” Ojajuni stated. He further explained, “We discovered that the one that was met on her chest, the handwriting was totally different from the others that were spread.”
The use of intelligence gathering and technical tracking enabled the police to recover the deceased’s Lexus RX 330 and subsequently arrest three suspects. They were identified as Olajuwon (the former employee), 27-year-old Sakirudeen Abdulraheem Ayoola, and 36-year-old Sobu Obafunsho.
A Tragic Motive: Money for Rent and Perceived Unfair Pay Upon questioning, Olajuwon provided a detailed and disturbing account of why the attack was orchestrated. He explained that a primary motive was the need for money to secure new housing for himself and Ayoola.
“My name is Sodeinde Olajuwon Phillips, and I am 22 years old. Myself, Shakirudeen and Sobu participated in the robbery and killing,” he confessed. He further elaborated, “We did it because she did not pay us well when we worked for her.”
Describing the robbery, Olajuwon recounted: “Shakirudeen and I needed more money to rent an apartment. So, we wore masks, forced the security guard to ring the bell, and after gaining entry, the security guard was taken back to his post.”
Following the attack, the group stole Oyesiku’s vehicle. Olajuwon detailed their escape, saying, “We left with her vehicle. Shakirudeen drove the car while we left together. We collected it from her before she died and drove to Onikolobo. I alighted under the bridge and went straight home, while Shakirudeen drove away with the vehicle.”
The stolen Lexus RX 330 was later recovered by the police in proximity to Olajuwon’s residence. The investigators found that the vehicle’s license plates had been removed and concealed under one of the seats.
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