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Naira Abuse: EFCC Announces 5% Reward For Whistleblowers
Naira Abuse: EFCC Announces 5% Reward For Whistleblowers....KINDLY READ THE FULL STORY HERE▶
To intensify its campaign against the abuse of the naira, the Economic and Financial Crimes Commission (EFCC) has introduced a 5% reward for whistleblowers who provide credible information leading to the prosecution of offenders…..CONTINUE READING
Dele Oyewale, the EFCC spokesman, made this announcement as a guest on the EFCC 97.3FM Abuja talk show. He emphasized the commission’s dedication to enforcing laws and safeguarding the economy from the adverse effects of naira abuse.
Oyewale explained that the reward is intended to encourage whistleblowers to come forward with useful information. “There’s a reward if you report anyone spraying the Naira. The whistleblowing act offers a 5% reward of whatever amount is involved to whoever provides credible information that can withstand the rigors of prosecution and is not derived from malice and mischief,” he stated.
He also noted that the EFCC had secured nearly 50 convictions nationwide since the inception of the task force on naira abuse and dollarisation. The EFCC is working diligently to ensure the naira remains the primary currency in use, as the widespread adoption of foreign currencies is harmful to Nigeria’s economic growth.
Rejecting the naira as legal tender is a criminal offense, Oyewale warned, stating that offenders would face severe legal consequences. “It is a crime to reject the naira. If there’s nothing wrong with the naira, maybe it’s dirty and not mint, and you reject it; it is a crime. The naira is the symbol of our economy. We are a sovereign nation with our own territorial integrity, so every transaction in Nigeria must be done in naira,” he concluded.
Chief of Staff to President Bola Tinubu, Femi Gbajabiamila, has advised the House of Representatives member of the African Democratic Congress (ADC), Leke Abejide, to remain in his party.....KINDLY READ THE FULL STORY HERE▶
Gbajabiamila made the remark during a birthday celebration organised in honour of Abejide, according to reports.
He noted that the All Progressives Congress (APC) was pleased with the lawmaker’s activities within the ADC, adding that his presence was creating internal tensions in the opposition party.
The Chief of Staff also urged Abejide to disregard calls from APC members, including former Kogi State Governor, Yahaya Bello, who had reportedly encouraged him to defect to the ruling party.
“Don’t come to APC. Stay in ADC and scatter them. We like what you’re doing. Don’t mind former governor Yahaya Bello, who said you should join APC. No, no, no, stay in ADC and win your election. Also, bring Bala Gombe, and we’ll support him. Good luck in court,” he was quoted as saying.
Meanwhile, fresh tension has emerged within the African Democratic Congress as factional leader Nafiu Bala accused former national chairman Ralph Nwosu of misrepresenting the purpose of a recent party event.
Bala, speaking in an interview on AIT on Monday, said he was invited to what he believed was a routine meeting to welcome new members but later discovered it was used to announce a new leadership structure led by David Mark.
He explained that he only realised the full agenda after proceedings had begun, adding that the event also featured Nwosu stepping down while unveiling new party executives.
According to him, the development has deepened existing internal disputes within the party, especially with the appointment of David Mark and others into key leadership positions during the gathering.
Leaders of the All Progressives Congress (APC) in Ogun East Senatorial District have reportedly endorsed Governor Dapo Abiodun as their preferred candidate for the 2027 senatorial election.....KINDLY READ THE FULL STORY HERE▶
According to reports, the decision was taken on Monday during a large political gathering held at Adeola Odutola Hall in Ijebu-Ode, which attracted party stakeholders and grassroots representatives from across the district.
A statement from the governor’s media office indicated that the meeting was widely attended by key APC figures, including members of the Governor’s Advisory Council, former and serving local government chairmen, councillors from all wards, as well as current and former lawmakers at both state and national levels. Women leaders, youth groups, and other stakeholders were also present.
Party leaders at the event expressed confidence in Abiodun’s capacity to represent Ogun East effectively at the National Assembly, describing his leadership record as a key factor in their decision.
They also resolved to formally communicate the endorsement to the governor and begin mobilisation efforts ahead of the 2027 electoral cycle.
The Secretary to the State Government, Tokunbo Talabi, noted that the governor’s performance in office and his role in fostering unity within the party were central to the decision to support his senatorial ambition.
The Presidency has criticised former presidential candidate, Peter Obi, questioning his leadership ability and accusing him of failing to manage internal crises within the Labour Party (LP).....KINDLY READ THE FULL STORY HERE▶
According to reports, the Special Adviser to President Bola Tinubu on Media and Public Communication, Sunday Dare, made the remarks during an interview on African Independent Television (AIT) on Monday.
Dare argued that Obi did not found the Labour Party and does not have full control over its structure, adding that his handling of party disputes raises concerns about his leadership capacity.
He further alleged that Obi has shown a pattern of moving between political platforms rather than resolving internal challenges, insisting that he “cannot fix” his own party.
Dare said the Labour Party’s internal crisis had been visible for years and questioned Obi’s level of involvement in resolving it, suggesting that he instead left the party amid the turmoil.
He stated that such leadership qualities should be scrutinised given national responsibilities, adding, “You cannot fix your party.”
The presidential aide also addressed claims linking the Presidency to the crisis within the African Democratic Congress (ADC), rejecting any involvement and insisting the party’s internal issues were not influenced by the federal government.
He maintained that the ADC situation is already before the courts and should be resolved through judicial processes rather than public agitation or political pressure.
Dare urged all parties involved to respect ongoing legal proceedings, stressing that court decisions would ultimately determine the outcome of the disputes.
He added that the government remains committed to respecting the judiciary and warned against attempts to influence public opinion while cases are still being decided.
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