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President Tinubu inaugurates EFCC zonal office in Ekiti, commends anti-corruption efforts
via Punch Nigeria4 min read
President Bola Tinubu, represented by Vice President Senator Kashim Shettima, inaugurated the Economic and Financial Crimes Commission EFCC zonal office in Ado Ekiti, covering Ondo and Ekiti states. President Tinubu praised the EFCC's role in the nation's economic and security landscape, highlighting its success in prosecuting high-profile corruption cases, including a former minister and a former managing director of a national investment bank. He also noted the EFCC's contributions to combating cyber-terrorism, such as dismantling a foreign-controlled cryptocurrency syndicate in Lagos, and its efforts in addressing fraudulent Ponzi schemes, which led to Nigeria's removal from the Financial Action Task Force's grey list. The President stated that aggressive asset tracing and recovery by the Commission have provided resources for social investment programs like the Students' Loan Scheme Network and Credit Corp. Ekiti State Governor Biodun Oyebanji affirmed the state's commitment to good governance and intergovernmental cooperation by providing the land for the office and a 220kva standby generator. He emphasized that the new office would enhance the Commission's administrative capacity and improve access to justice for victims of financial crimes. EFCC Chairman Ola Olukoyede thanked President Tinubu and the Ekiti State Government, stating that the new zonal office would bridge gaps in the Commission's enforcement framework and bring its services closer to the people of Ekiti
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This summary was AI-generated from a story originally published by Punch Nigeria.
The Oyo State House of Assembly has called for the immediate strengthening of security in public and private educational institutions across the state. This resolution follows recent abductions of students and teachers at Community High School, Esiele, and L.A. Primary School, Yawota, in the Oriire Local Government Area. A motion moved by Oluwafemi Oluwafowokanmi, representing Ibadan South West State Constituency II, highlighted concerns about schools becoming vulnerable targets for criminal activities like kidnapping and vandalism. He warned that growing threats could deter parents from sending children to public schools. The Assembly urged the Executive Arm of Government to deploy operatives from the state Security Network Agency Amotekun Corps, the Nigeria Police Force, and other security agencies to schools, prioritizing those in rural areas, border communities, and near forest reserves. They also recommended comprehensive security audits, the establishment of a School Security Initiative with dedicated personnel and emergency systems, and the enforcement of minimum security standards including perimeter fencing and controlled access. Lawmakers advocated for public awareness campaigns like "See Something, Say Something" and the creation of emergency response units. They also suggested integrating security education into school curricula. Recognizing that the current 2,500 Amotekun personnel may be insufficient, the House recommended recruiting additional security personne
Must ReadThe International Monetary Fund reported that Nigeria's economic reforms have strengthened the country's economy, but also noted that poverty has increased, affecting 63% of the population by the end of 2025. President Bola Tinubu's administration, in office for over three years, has implemented measures such as removing fuel subsidies, liberalizing the exchange rate, and overhauling the tax system. Despite these policy changes, which economists consider long overdue, more than 27 million people faced food insecurity in 2025. The IMF stated that while reforms have improved macroeconomic outcomes and built resilience, conditions remain difficult for many Nigerians. Poverty has been rising for years, with the World Bank previously reporting 61% of the population in poverty in 2022, up from 40% in 2019, with three-quarters of that increase occurring before Tinubu took office. Widespread insecurity from armed groups, particularly in the north, poses another risk to people and economic activity. Inflation accelerated to 15.7% annually in April, partly due to higher fuel prices. Economic growth is projected at 4.1% this year, up from 4% in 2025. The IMF warned that while higher costs for food, fertilizer, and fuel could boost Nigeria's revenues as Africa's largest oil producer, they could also intensify inflationary pressures on poor households, potentially worsening poverty and food insecurity. Nigeria is scheduled for presidential elections in January, where Tinubu is seeking re-
Retired officers of the Nigeria Police Force, operating under the Police Retired Officers Forum of Nigeria, have appealed to President Bola Tinubu to sign the Police Exit Bill into law. The forum, led by National Coordinator CSP Raphael Irowainu retd, stated that over 30,000 members are suffering under the current Contributory Pension Scheme, citing meager pensions and gratuities. They seek exemption from the scheme, similar to other federal security agencies. The Police Exit Bill was passed by the National Assembly in December 2025 and has been transmitted to the President for assent. Irowainu emphasized that the bill is crucial for fairness, justice, and national security, arguing that financial security for retired officers encourages integrity and optimal performance during service. The group highlighted President Tinubu's past commitment to police welfare as Governor of Lagos State and warned of a nationwide peaceful protest if the bill is not signed into law by June 22, 2026.