Connect with us

News

I Won’t Interfere In Anti-Graft Agencies’ Operations — Tinubu

Published

on

President Bola Tinubu, on Monday, said since assuming office he has made deliberate efforts to tackle corruption by funding the anti-graft agencies and not interfering in their activities.

Tinubu described corruption as one of the most significant obstacles to the country’s progress, saying all hands must be on deck to confront it.

Represented by the Vice President, Kashim Shettima, the President spoke in Abuja at the 6th Annual General Assembly of the Network of Anti-corruption Institutions in West Africa.

He said, “Corruption remains one of the most significant obstacles to the progress and prosperity of our nations.—

“It undermines the very fabric of our societies, erodes public trust, and impedes equitable distribution of resources. As leaders, we are all responsible for confronting this challenge head-on with unwavering resolve and concerted actions. We have worked hard over the past year to strengthen all the anti-corruption agencies in Nigeria by not interfering in their activities and ensuring that they are equitably funded.”

Tinubu, who is the Chairman of the Authority of the Economic Community of West African States, called on ECOWAS countries to harmonise their legal frameworks and strengthen the independence and capacity of anti-corruption institutions, among others.

Tinubu said, “Let us move beyond rhetoric and focus on concrete actions that will harmonise our legal frameworks to close loopholes exploited by corrupt individuals. Enhance cross-border cooperation in investigations and asset recovery. Invest in innovative technologies to detect and prevent corrupt practices.

“Promote transparency in public procurement and resource management. Engage civil society and the media as partners in our anti-corruption efforts. And sixth, strengthen the independence and capacity of our national anti-corruption institutions.”

In his presentation, Nigeria’s Minister of Foreign Affair, Yusuf Tuggar, said African countries lose an estimated $8.6bn yearly to illicit financial flows.

Stating the disadvantage of illicit financial flows, the minister noted that it weakens economies, deprives governments of essential revenue, and causes poverty.

Tuggar said, “On a continental level, the menace of corruption is intimately tied to illicit financial flows, which siphon billions of dollars from Africa every year. The continent loses an estimated $8.6bn annually to illicit financial flows, equivalent to around three per cent of Africa’s GDP.

“These funds, often hidden in tax havens and opaque financial systems, represent stolen resources that could have been used to build schools, hospitals, roads, and other critical infrastructure. Illicit financial flows weaken our economies, deprive governments of essential revenue, and deepen the cycle of poverty and suffering. The link between illicit funds and insecurity is clear.”

Tuggar said regional cooperation alone was not enough to curb illicit financial flows on the continent.

He stressed that the international community must support Africa’s efforts by ensuring transparency in local financial systems and ending the provision of safe havens for illicit funds.

Tuggar said, “The global nature of financial systems means that the fight against corruption and illicit financial flows must also be pursued at the global level.

“The United Nations Resolution on Tax Cooperation, championed by Nigeria on behalf of the African group, is a landmark initiative calling on countries to work together to improve international tax cooperation, greater transparency, and the elimination of safe havens that allow for the squirrelling away of ill-gotten gains

“Paying local taxes and tackling the transfer price system that multinationals use to evade them requires a global consensus. The international community must support Africa’s efforts by ensuring that local financial systems are transparent.

“It must stop providing safe havens for ill-gotten funds. This requires a commitment from all nations, particularly those that host financial centres.

Tuggar also called on the international community to strengthen partnerships with Nigeria and other African countries to ensure that national resources are returned to their rightful jurisdictions.

“Better cooperation would allow for stolen crude oil to be tracked and shut down from the City of London, home of Lloyd’s Insurance and Lloyd’s Shipping Register. This is where we desperately need the application of advanced technology in AI and blockchains rather than in weapons and kinetic approaches,“ he added.

Tuggar also called for the consideration of countries’ peculiarities while coming up with universal laws

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Abuja Reports

Atoyebi Adewumi Wins 4th National Essay Competition, Beats 2,000 Contestants

Published

on

By

By Samson Adeyanju

Atoyebi Adewumi has emerged winner of the fourth edition of the National Essay Competition, beating more than 2,000 contestants in an intellectual contest aimed at promoting academic excellence, critical thinking and creative writing among young Nigerians.

The competition, which focused on the relevance of taxation to national development, challenged participants to examine the role of tax revenue in financing public services, stimulating economic growth and strengthening the relationship between government and citizens.

The initiative provided a platform for young Nigerians to demonstrate their writing skills, articulate informed perspectives on national issues and contribute ideas towards building a more responsible and progressive society.

Speaking after being declared winner, an elated Adewumi expressed gratitude to the convener, Foluso Sylvanus Ojo, and the organising team for providing young Nigerians with an opportunity to showcase their intellectual abilities.

“I am so glad, very, very glad, to have this privilege of emerging as the winner. I am grateful to the convener and the entire team, as well as everyone who supported this vision,” Adewumi said.

In his remarks, Ojo expressed concern over the tendency to criticise the attitudes and lifestyles of younger generations without providing adequate opportunities to nurture their talents and channel their energies towards productive pursuits.

He called on the government, corporate organisations and nongovernmental organisations to invest more in educational initiatives that promote intellectual excellence, creativity and responsible citizenship.

According to him, sustained investment in academic competitions and youth development programmes would encourage discipline, innovation and a stronger commitment to national development.

Drawing a comparison with the substantial cash prizes awarded in some reality television competitions in Nigeria, Ojo argued that students and intellectually gifted young Nigerians deserved greater recognition, financial support and encouragement.

“I believe the government should support initiatives like this because individuals need supportive hands, especially from the government. When they receive such support, they become more confident and motivated to continue their good work,” he said.

Ojo maintained that society could not continue to complain about the attitudes and lifestyles of young people without deliberately investing in programmes that encourage positive values and productive engagement.

The fourth edition of the competition also underscored the importance of tax awareness among young Nigerians, highlighting how effective taxation, transparency and accountable governance could contribute to improved infrastructure, education, healthcare and other essential public services.

Beyond celebrating the winner, the competition reinforced the need to identify, encourage and empower emerging intellectual talents capable of contributing meaningfully to Nigeria’s development.

Winner of the 5,000,000 naira

Winner of 3,000,000 naira

Winner of 2,000,000

All the participants 

Continue Reading

Abuja Reports

20 Finalists Begin Final Stage of National Essay Competition

Published

on

By

By Samson Adeyanju

Twenty finalists from across Nigeria have begun the final stage of the fourth edition of the National Essay Competition in Abuja, following an orientation session designed to prepare them for the decisive examination.

The finalists arrived in the Federal Capital Territory for a four-day, all-expenses-paid programme featuring the essay examination, institutional tours and opportunities for learning and networking.

The competition, the brainchild of Mr Foluso Ojo, is sponsored by the Nigeria Revenue Service (NRS).

Ahead of the examination, the finalists participated in an orientation session led by Professor Omotosho Borisade of Ekiti State University, who serves as the competition’s umpire.

The session familiarised participants with the competition’s rules and regulations, examination guidelines and assessment criteria, helping them understand the requirements of the final stage.

The essay examination is scheduled to begin today at 9 a.m., after which the finalists are expected to embark on institutional tours around Abuja.

The programme is designed to extend beyond the contest itself, exposing the finalists to new learning opportunities, professional connections and experiences in the nation’s capital.

The competition brings together young Nigerians to demonstrate their writing ability, knowledge, creativity and critical-thinking skills as they compete for the top honours.

With the finalists prepared for the examination, attention now turns to their performance and the eventual emergence of the competition’s champion.

 

Continue Reading

News

Pastor Ogundipe Decries Lack of Integrity Among Educated Nigerians

Published

on

By

By Samson Adeyanju

Pastor Alex Ogundipe, Chairman of the Governing Board of Christian Heritage International Bible College, Kubwa, Abuja, has expressed concern over the growing number of educated Nigerians who lack the character and integrity required to make meaningful contributions to society.

Ogundipe raised the concern during the matriculation ceremony of the institution’s 60 pioneer students, stressing that academic qualifications without moral discipline and upright character could undermine national development.

According to him, Nigeria has many knowledgeable and academically accomplished individuals whose inability to demonstrate integrity has negatively affected their contributions to their families, workplaces and communities.

“We have too many people in this country who are knowledgeable and wise in their own ways, but they do not have character and integrity. That affects their ability to impact their communities,” he said.

The cleric emphasised that education must go beyond the acquisition of certificates to the development of individuals who demonstrate honesty, accountability, faithfulness and commitment to serving humanity.

He explained that true integrity required consistency in personal conduct, whether at home, in the church, at work or within the larger society.

Ogundipe said the college was established not merely to impart biblical knowledge but to raise men and women whose lifestyles reflect Christian values and whose contributions would positively influence society.

He urged Christian leaders to demonstrate their faith through practical actions rather than mere religious declarations.

Speaking on Nigeria’s future, the cleric encouraged citizens to remain hopeful, pray for the country and contribute meaningfully to national peace, unity and development.

Earlier, the Rector of the institution, Pastor Samson Olukayode Aliyu, challenged the matriculating students to prioritise spiritual maturity and moral discipline alongside academic excellence.

Aliyu warned against examination malpractice, plagiarism, dishonesty and other forms of misconduct, stressing that academic certificates could demonstrate knowledge but could not substitute for good character.

“The Church does not only need gifted people; it needs godly people. We need leaders who will choose integrity over compromise, humility over pride, faithfulness over convenience and service over self-interest,” he declared.

He explained that the college offers six-month certificate programmes in theology and one-year diploma programmes in theology, leadership and prophetic studies.

One of the matriculating students, Akeem Omobolanle, who enrolled in the Diploma in Leadership programme, commended the institution’s approach to biblical education and expressed optimism that the training would strengthen his understanding of the Scriptures and prepare him for greater service in Christian ministry.

The ceremony marked the formal admission of the college’s pioneer students into its academic community.

Continue Reading

Trending