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EFCC Launches Probe into Bank Accounts of Protest Sponsors Ahead of Nationwide Demonstration
The Economic and Financial Crimes Commission (EFCC) has initiated an investigation into the bank accounts of various individuals and organizations believed to be funding the upcoming nationwide protest, according to a report by Daily Trust.
The anti-graft agency has been instructed to collaborate with the Department of State Services (DSS) to obtain comprehensive information on the identified sponsors of the protest.
A senior EFCC official disclosed to Daily Trust’s reporter on Monday that the commission has successfully gathered detailed information about these sponsors and has already begun scrutinizing their financial accounts.
This investigation aims to determine the extent of their involvement, particularly if any violence were to occur during the protest.
The EFCC’s goal is to prevent any potential funding of terrorism and ensure that the protest remains peaceful.
The source confirmed that the EFCC is diligently working to track the financial activities of those implicated in supporting the protest scheduled to start on Thursday.
This proactive measure underscores the agency’s commitment to preventing the misuse of funds for potentially violent or destabilizing activities.
TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.
“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.
“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.
Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.
He speaks on ways things can change in the state and how electricity can be provided.
“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”
“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.
“We take two steps forward, we go five steps backward,” he said.
Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.
Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.
He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.
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