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Naira Abuse: EFCC Announces 5% Reward For Whistleblowers

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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.

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Leadership Redefined! Governor Zulum Crowns Tinubu The Best Leader Nigeria Has Ever Had!.

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Borno State Governor Babagana Zulum has commended President Bola Tinubu for choosing to retain Kashim Shettima as his running mate for the 2027 presidential election. Governor Zulum made these remarks after the President officially presented the certificate confirming Shettima as the All Progressives Congress (APC) vice-presidential candidate.....KINDLY READ THE FULL STORY HERE▶

Key Highlights of Zulum’s Statement

  • Historic Significance: Zulum emphasized that this is the first time an individual from Borno State and the Northeast has achieved the office of the Vice President and been renominated for a potential second term.

  • Appreciation and Future Visit: Zulum expressed gratitude to the President on behalf of the Northeast region and noted that the President has approved a formal “thank-you” visit from representatives of the northeastern states, which is being planned for next week.

  • Regional Unity: Representing the Northern states’ governors, Zulum noted that while the position is held by a son of Borno, it is recognized as belonging to Northern Nigeria as a whole, and he thanked the region for their continued acceptance of Shettima.

  • Reflecting on the Past: Governor Zulum remarked that the region had previously come close to achieving this level of representation during the era of Baba Gana Kingibe, but they were unable to secure it at that time.

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Defamation Disaster: Sophia Momodu Sues For ₦10 Billion In Explosive Legal Move Against Caroline Hutchings!.

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Nigerian socialite and reality TV star Sophia Momodu has initiated legal action against Nollywood actress Caroline Hutchings regarding an allegedly defamatory post on social media.....KINDLY READ THE FULL STORY HERE▶

The Dispute

  • The conflict originated from a Snapchat post by Caroline Hutchings, where she alleged that a woman she previously defended on national television had been romantically involved with her former partner while they were still together.

  • Although the post did not identify anyone by name, it went viral, with many internet users interpreting the comments as referring to Sophia Momodu.

Legal Response and Demands

  • In response, Sophia Momodu, through her legal counsel, Prince (Dr) Richard Oma Ahonaruogho, SAN, of Paradise Law Firm, has served Caroline Hutchings with a Notice of Intended Legal Proceedings.

  • The notice asserts that the ambiguity of the post has caused severe reputational damage, emotional distress, character attacks, and ongoing cyberbullying against Momodu.

  • According to her legal team, Momodu reached out to Hutchings directly on July 3, 2026, requesting a public clarification if the post was not directed at her.

  • They state that Hutchings received the message but failed to respond or issue a clarification, allowing public speculation to continue.

  • Momodu is demanding a retraction of the statement, an unreserved public apology published in national newspapers with nationwide circulation, and ₦10 billion in monetary compensation, along with other legal reliefs.

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Bring Him Home! Family Petitions IGP Over Continued Seizure Of Habila’s Body!.

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The family of the late Mary Habila has formally petitioned the Inspector-General of Police to demand the immediate release of her body for burial.....KINDLY READ THE FULL STORY HERE▶

Family’s Petition and Demands

  • The petition was submitted to the Force Headquarters in Abuja on Friday by the deceased’s father, Tanko Habila, alongside his wife, relatives, and legal counsel.

  • The family expressed deep frustration with the Ebonyi State Police Command, noting that the body has been withheld for nearly two weeks.

  • They argue there is no legal justification for keeping the remains and accused the police of causing the family unnecessary emotional distress.

  • Tanko Habila stated the family is not interested in a post-mortem examination, asserting that sudden deaths can occur without foul play, and they simply wish to proceed with funeral arrangements.

Minister David Umahi’s Response

  • Mary Habila passed away at the residence of the Minister of Works, David Umahi, under circumstances currently under investigation.

  • Minister Umahi has denied any involvement in her death, labeling attempts to link him to the incident as “politics taken too far”.

  • He stated that Habila was a trusted aide and felt like a daughter to him, noting he had previously funded some of her medical treatments for existing health issues.

  • Regarding the circumstances of her death, Umahi reported that she had complained of bleeding from her nose during a call with her boyfriend shortly before she was discovered.

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