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The Story Was Twisted Fundamentally Out Of Context, My Client Never Begged Salami Panel For Mercy —– Magu’s Lawyer

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Wahab Shittu, counsel to Ibrahim Magu, suspended chairman of the Economic and Financial Crimes Commission (EFCC), says his client never admitted to the allegations against him.

Magu is being investigated by a presidential panel over allegations of abuse of office and mismanagement of recovered assets under his watch as acting chairman of the EFCC.

Magu appeared before the panel last Friday to defend himself.

Shittu, in a statement on Tuesday, said the report that Magu confessed to the panel that he was overzealous as EFCC chairman and begged for mercy was misleading.

“We wish to state that this story was twisted fundamentally out of context by my client’s accusers who want to hit back at my client without justification,” he said.

“It is true that Magu and my humble self addressed the panel at the conclusion of his defense while Magu clarified that he threw himself to the job of acting chair because of his passion for the anti-corruption war, a situation that may be alleged overzealousness in some quarters.

“He however pleaded for justice and fair-play by the panel members in the context of his overall achievements and his fledgling career which hitherto remain unblemished and will terminate in two years’ time.

“Counsel to Magu also urged the panel members in the interest of fear of God and loyalty to their conscience to ensure justice in the matter and concluded by thanking them for patience and understanding throughout the proceedings.

“At no time did Magu admit to guilt to the allegations, the subject matter of the inquiry. Indeed the only thing going for Magu is the conviction of his innocence.

“A member of the panel had cause to inquire from me whether I am convinced that the panel will do justice to my client? I responded in the affirmative and I hope my optimism of the justice of the process at the end will not be illusory.”

He said as Nigerians wait on the Ayo Salami-led panel to do justice in this matter, commentators in the public space should comment based on facts and law.

According to the lawyer, the preoccupation of the inquiry is to reveal the truth without grandstanding, sensationalism, dramatization, or any attempt at the coloration of the truth.

“The danger is that these orchestrated stories in the public space may have the effect of shifting the real focus from the quest for facts and truth which is the real focus of the inquiry to sensationalism, half-truths, propaganda which will neither benefit either Nigerians who are interested in the real facts and truth nor the panel members who have toiled for days to execute the assignment including the subject of inquiry whose proclamation of guilt or innocence will define his future career and his perception in the public space,” he said.

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NCC Unveils Initiative To Combat Fraud, Spam Messaging

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The Nigerian Communications Commission has unveiled a draft regulatory framework aimed at addressing fraud, spam, and other challenges in the “Application-to-Person” messaging sector.

The telecom regulator made this announcement in a statement on Friday.

The proposed framework was introduced during a virtual Stakeholders’ Forum, a key step towards enhancing the sector’s integrity and ensuring a fair, transparent environment for all parties involved.

The draft framework, presented by the acting Head of Legal and Regulatory Services at the NCC, Mrs. Chizua Whyte, on behalf of the Executive Vice Chairman, Dr. Aminu Maida, seeks to regulate the A2P messaging space.

A2P messaging, used for notifications such as bank alerts, promotional campaigns, and government updates, has become a vital communication tool in Nigeria.

However, the sector faces significant challenges, including consumer protection concerns, fraud, and data privacy issues, as well as an unequal distribution of value within the ecosystem.

“The international A2P messaging space in Nigeria faces gaps that have led to issues such as fraud, spam, and data privacy concerns. These challenges threaten the sustainable growth of this communication tool,” the NCC said.

The regulator emphasised its commitment to fostering innovation while ensuring a secure, transparent environment for businesses, consumers, and service providers.

The proposed framework aims to address these challenges by protecting consumers, promoting fair competition, and holding service providers accountable.

“This forum marks a pivotal step towards addressing these challenges,” the NCC said. “We are here to engage with all stakeholders—operators, aggregators, businesses, service providers, and consumers—to refine the framework and ensure it meets the needs of the entire ecosystem.”

The NCC stressed the importance of inclusivity and collaboration in creating an effective regulatory environment.

The commission’s efforts are focused on promoting a sustainable A2P messaging ecosystem that enables business innovation, enhances communication efficiency, and supports Nigeria’s socio-economic growth.

Stakeholders were encouraged to provide feedback and contribute ideas during the forum to help shape the final framework.

The NCC reiterated its commitment to creating a regulatory environment that supports innovation while safeguarding the interests of all stakeholders in the A2P messaging sector.

For further updates, the NCC urged stakeholders to remain engaged throughout the regulatory process, stressing the importance of cooperation in shaping the future of A2P messaging in Nigeria.

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JUST IN: Oil Marketers Reduce Petrol Price By 11.8% To N939.50 Per Litre

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Oil marketers sourcing “Premium Motor Spirit”, “PMS”, also known as petrol, from the Dangote Petroleum Refinery have reduced the price by 11.8 percent to N939.50 per litre, down from N1,060 per litre.

As of Thursday, December 19, petrol was still being sold at N1,060 per litre in Lagos and surrounding areas.

However, by Friday, MRS, a leading marketer, along with others, had adjusted their prices, now selling at N939.50 per litre.

It’s worth noting that the Dangote Petroleum Refinery had earlier lowered the ex-pump price of petrol to N899.50 per litre, down from N970 per litre.

According to the refinery, this price reduction is intended to offer much-needed relief to Nigerians ahead of the holiday season.

Anthony Chiejina, the Chief Branding and Communications Officer of Dangote Group, made this announcement.

“To alleviate transport costs during this holiday season, Dangote Refinery is offering a holiday discount on “PMS” (“petrol”). From today, our petrol will be available at N899.50 per litre at our truck loading gantry or SPM,” Chiejina said.

‘‘Furthermore, for every litre purchased on a cash basis, consumers will have the opportunity to buy another litre on credit, backed by a bank guarantee from Access Bank, First Bank, or Zenith Bank.”

 

More to come…

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EFCC Allocates N18bn For Allowances, N5bn For Travels In Proposed 2025 Budget

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The Economic and Financial Crimes Commission (EFCC) has announced plans to allocate N18 billion for allowances in 2025.

This figure is part of the proposed 2025 budget currently under consideration and awaiting approval by the national assembly.

As per the appropriation bill, the EFCC’s total budget for 2025 stands at approximately N62.2 billion.

This budget includes personnel costs (N38.6 billion), overheads (N20.9 billion), and capital expenditure (N2.2 billion).

Within the allowance budget, N1.7 billion is designated for “non-regular allowances,” while “regular allowances” are set at N16.7 billion.

Other proposed expenditures for the EFCC include welfare packages (N1.4 billion), fuel and lubricants (N2 billion), financial charges (N1.2 billion), construction and provision of office buildings (N1.1 billion), and maintenance services (N2.1 billion).

The EFCC also plans to allocate N4.9 billion for “local travel and transport,” with “international travel and transport” expected to cost N1.7 billion.

The proposed budget includes N800 million for the purchase of fixed assets.

On Wednesday, President Bola Tinubu unveiled the N49.7 trillion 2025 “Budget of Restoration: Securing Peace and Rebuilding Prosperity.”

In his address to the national assembly, Tinubu stated that it was time “we rewrite Nigeria’s narrative together.”

The primary focus of next year’s budget will be the defence, infrastructure, health, and education sectors.

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