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The President of the Senate, Dr. Abubakar Bukola Saraki, on Tuesday accused the country’s anti-graft agencies of scuttling the Federal Government’s efforts to recover looted funds in foreign countries.

Saraki, who hinged his argument on the mismanagement of looted funds by the anti-graft agencies, stressed that several assets recovered were re-looted by the agencies in Nigeria.

Saraki, who spoke at one-day strategic retreat on tackling the slow progress of anti-corruption bills in the National Assembly, added that due to the mismanagement of the looted funds, President Muhammadu Buhari decided to inaugurate an audit committee for the assets recovered by anti-graft agencies.

The Senate President, who was represented by the Deputy Leader of the Senate, Bala Na’Allah, said: “Nigeria is finding it difficult to convince other nations to return funds looted from our treasury.

“This is because of other nations’ exasperation over the management of returned assets.

“Only recently, Mr. President inaugurated a committee to audit all assets recovered by various government agencies.

“The National Assembly has been strident about the opacity shrouding the management of recovered funds, which in many cases get reported by the agencies that investigated and recovered them.

“An Ad-hoc committee of the Senate, which is investigating some administrative infraction in the Executive, has discovered that many properties recovered from fugitives from the law, have not been accounted for by the investigating agency.

“This gives global community great concern about the commitment of Nigeria to the anti-corruption drive.”

Speaking earlier at the retreat, the Chairman of the committee, Senator Chukwuka Utazi, stated that Nigeria’s struggle against entrenched corruption is a global concern.

Utazi, who expressed dismay with the suspension of Nigeria by the Egmont Group of Financial Intelligence Unit, lamented that it would greatly impede the fight against corruption in Nigeria.

He said: “The suspension activated the immediate shutdown of the EGMONT secure Web against Nigeria, with the implication that Nigeria can no longer exchange sensitive information with about 172 other member countries in order to carry out investigative and regulatory responsibilities as they affect local and international issues bothering on money laundering, terrorism financing.

“This has dreadful consequences on sharing criminal intelligence and financial information bothering on money laundering, terrorism financing, proliferation of arms, corruption, financial crimes, economic crimes and such like offences geared towards the support of local and international investigations, prosecution and asset recovery.”

In his own remarks, the Director of Africa network for Environment and Economic Justice, Rev. David Ugolor, revealed that the Federal Government is at the final stage of recovering $321 million of Abacha’s loot in Swiss banks.

Ugolor applauded the Federal Government for its steadfastness in ensuring the money is recovered.

According to him: “The return of $321 million Abacha loot is at the final stage.

“We want to commend the Federal Government for making sure that the country takes recovery of Abacha’s loot in Swiss bank.”

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JUST IN: Ooni’s Ex-Wife Naomi, 7 Others Arrested Over Children’s Funfair Stampede In Ibadan

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The Oyo State Police Command has announced the arrest of the ex-queen of the Ooni of Ife, “Naomi Silekunola”; the Principal of Islamic High School, Ibadan, “Fasasi Abdulahi”; and six others in connection with the deaths of several children during a stampede at a funfair in Ibadan, the state capital, on Wednesday.

The ex-queen was identified as the primary sponsor of the event.

Furthermore, the number of children who have died from the stampede has increased to 35, while six others are critically injured, according to a statement issued on Thursday by the State Police Public Relations Officer, “Adewale Osifeso.”

The event, which was held at the Islamic High School, Basorun, Ibadan, was intended for 5,000 children, but reportedly over 7,500 attended.

 

More to come…

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NAFDAC Seal Shops, Destroy Items Worth N5bn In Aba Market Over Fake, Expired Products

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The National Agency for Food and Drug Administration and Control (NAFDAC) has shut down 150 shops at Eziukwu Market, Aba, Abia State.

The Agency disclosed this in a statement it posted on its X handle on Wednesday.

It said its team uncovered large-scale production and distribution of fake and expired goods, including beverages, carbonated drinks, wines, spirits, vegetable oils, and revalidated food items such as “noodles,” “powdered milk,” and “yoghurt.”

NAFDAC noted that the team destroyed items that were valued at ₦5 billion.

Describing the market as a hub for counterfeit and substandard products, the Agency’s Director in the Southeast Zone, Martins Iluyomade, expressed dismay at the continued illegal activities, despite a previous undertaking signed by market leaders in December 2023 to expose counterfeiters.

The statement added that NAFDAC DG, Prof. Mojisola Adeyeye, reaffirmed the Agency’s zero tolerance for such practices and emphasised its unwavering commitment to safeguarding public health while working toward a permanent solution to the problem of counterfeit products in the market.

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Lil Smart Files Petition Against Naira Marley, Zinoleesky Over ‘Threat To Life’

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Lil Smart, the Nigerian dancer, has filed a petition against Naira Marley and Zinoleesky over an alleged threat to his life.

On December 9, Smart shared disturbing photos and videos on social media, claiming that his life was at risk.

He warned that Naira Marley and Zinoleesky should be held responsible if anything were to happen to him.

Zinoleesky, however, denied the allegations, accusing Smart of “chasing clout.” He also threatened legal action against the dancer.

In a recent (now deleted) Instagram post, Smart claimed that he had previously endured bullying from the singers but lacked the evidence necessary to take legal action.

He mentioned that he has now officially submitted his petition, with the required evidence, to the authorities and is hopeful that the legal system will provide him justice.

“This has not been the first or third time I have been experiencing this bullying. But I did not have enough evidence to face the law. Now, I thank God that I have very good evidence, and I will put everything I have in line to make sure this bullying and threat to life is stopped,” he said.

“With my evidence, I really hope that they are not too big to be apprehended and face the law. I have submitted my petition, and I have provided my evidence to the authorities. By God’s grace, the law that binds us as citizens of Nigeria will make sure I get the justice I deserve.”

Naira Marley has yet to comment on the allegations.

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