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EFCC: WHEN EFFICIENCY COUNTS AS GOOD GOVERNANCE
EFCC: WHEN EFFICIENCY COUNTS AS GOOD GOVERNANCE
by Frank Tietie
Nigeria’s Economic and Financial Crimes Commission (EFCC) has been trending recently in the Nigerian media for good reasons, and even die-hard critics of President Bola Tinubu and opposition figures have been unable to fault the Commission’s unprecedented achievements in just 3 and a half years.
Under the Bola Tinubu administration, between October 2023 and June 2026, the EFCC, led by its Chairman, Ola Olukayode, a lawyer, has recovered stolen public funds and criminal assets totalling ₦1.23 trillion, US$684.48 million, and substantial sums in other foreign currencies. It also secured forfeiture orders covering more than 10,000 assets, including 1,177 properties, 251 plots of land, 370 vehicles, petroleum products, industrial equipment, company shares, and digital assets. Notable among the recoveries is the 753-unit housing estate in Abuja.
Never at any time has the world witnessed such restitutive justice, financially, in an infamously corrupt environment like Nigeria, where public servants, especially politically exposed persons and political appointees, have taken the looting of public funds to steroidal levels, even to the point of inventing fake and non-existent government agencies just to collect budgetary allocations for themselves. It is the same environment in Nigeria where many of its unscrupulous and criminally minded citizens and foreign nationals primarily operate advance-fee fraud schemes to fleece unsuspecting members of the public of their hard-earned money. It is an environment where, sadly, kidnapping for ransom payments has become an industrial complex. Against this grim backdrop of financial crime, the EFCC’s recent recoveries are significant.
More significant is how the Tinubu administration has applied part of the assets the EFCC recovered to programmes intended to deliver direct public benefits to the Nigerian people. Notably, ₦50 billion was transferred to the Nigerian Education Loan Fund (NELFUND) to expand access to tertiary education. Another ₦50 billion was allocated to the Nigerian Consumer Credit Corporation (CREDITCORP) to provide affordable credit to Nigerians. The recovered 753-unit Abuja estate was transferred to the Federal Ministry of Housing for assessment, completion and eventual allocation or sale to citizens.
Other recovered funds have been returned to federal and state government agencies, tax authorities, public institutions, companies and individual victims of financial crimes. Funds recovered from oil companies as unpaid statutory levies have also been returned or earmarked for the Niger Delta Development Commission (NDDC) to ensure developmental projects in the devastated areas of Nigeria’s oil-rich Niger Delta. Additionally, money recovered from fraudsters has been returned to Nigerian and foreign victims, thereby strengthening confidence in Nigeria’s justice system.
Overall, these applications demonstrate a positive attempt to transform proceeds of corruption and economic crimes into funding for education, housing, consumer credit, public revenue, regional development and victim compensation.
Huge commendation must be given to the leadership of Ola Olukayode who has transformed the public perception of the EFCC from that of an organization once used as an instrument of political persecution to one that is independent in its operations and is highly responsive to public complaints of financial crimes. Ask anyone who has recently petitioned the EFCC against fraud, and the usual feedback is that the agency’s men and women are eager to ensure restorative justice, especially its investigators and prosecutors, who show zero tolerance for advance-fee fraud and official corruption.
The EFCC’s remarkable achievements in less than 4 years are supposed to be a major fulfilment of a campaign promise by the Bola Ahmed Tinubu administration. How the administration will frame this success in an election season remains a challenge for a political party whose leadership has failed to practise positive communication but has often resorted to reactionary commentary. Remember that when Prof. Dora Akinyuli performed so well on her mandate at NAFDAC, former President Olusegun Obasanjo used her as one of the success posters to campaign for the re-election of the PDP.
Let not hate and anger. Not even opposition politics should blind anyone to the huge success achieved by the EFCC and the Tinubu administration’s good decision to apply funds recovered by the EFCC to tangible development. That is indeed an important aspect of good governance that must be commended.
Frank Tietie, Esq.
Nigerian Lawyer, Media Personality and Executive Director of Citizens Advocacy for Social & Economic Rights (CASER), writes from Abuja.
EFCC: WHEN EFFICIENCY COUNTS AS GOOD GOVERNANCE
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That Curious Attack On Mustapha Gubio.
That Curious Attack On Mustapha Gubio.
By: Inuwa Bwala.
It was both chilling and curious, leaving many people still asking, the obvious question about what could be the motive behind last weeks attack on the convoy of Engineer Mustapha Gubio, governorship candidate of the All Progressives Congress, APC, for Borno state.
It is a truism that Boko Haram/ISWAP have been operating in Borno since 2009, especially in the Lake Chad axis, and the Gubio-Kareto-Damasak highway in northern Borno has been volatile.
It is a known fact that, the attackers often target soft spots and unguarded personnel.
But targetting Gubio and his entourage which was returning to Maiduguri after a thank-you tour to APC members in Damasak, headquarters of Mobbar Local Government Area, following his emergence as the party’s consensus candidate, is curious and worrisome.
It is not enough to say, that, the route has been plied by the state governor, Professor Babagana Umara Zulum, who has survived many such attacks.
Gubio’s convoy may not be less fortified, but against the background of our experiences and the fact that we have not experienced such in a long time, makes it more curious to ask, if Gubio is a particular target.
According to the Police, the convoy was targeted with Improvised Explosive Devices and Rocket Propelled Grenades, which again makes it obvious that the attack was premeditated.
A police armoured vehicle leading the convoy detonated a landmine and was badly damaged, which adds another angle to the possibility of a well planned ambush, that was not meant to give the candidate any chance of escape.
The attackers were said to have laid ambush with planted IEDs targeting the convoy and also fired several RPGs, implying a more organized act, different from the hitherto rag tag approach of Boko Haram or ISWAP.
Thanks to the combined team of soldiers, police, NSCDC, DSS, Civilian JTF and vigilante groups, who counter-engaged the attackers and forced them to retreat into the surrounding bush. A scan of the surrounding by Police tactical operatives who cleared the route to neutralise secondary explosive threats, points to the sophistication of Gubio’s security network.
AAlthough, no casualty was recorded among Gubio’s, government officials, or other political stakeholders in the entourage, it remains a terrifying moment, and one may be tempted to ask, who wants Gubio, dead?
One may say, that, the attack highlights the persistent security threat along the 156km Gubio-Kareto-Damasak corridor, a route long regarded as a flashpoint due to insurgent activity, but given our experiences with the targetting of political leaders in the past, a curious mind may not dismiss this as one of such cases of random incidents.
This is not the first time a high-profile Borno politician has been targeted. It may be recalled that, in the build up to the 2011 elections, the governorship candidate of the same ruling party, the APC, was ambushed and killed.
Several other politicians and businessmen had been targeted and killed in very curious circumstances.
As recent as 2020, the convoy of Governor Babagana Zulum was attacked near Baga, and the real circumstances surrounding the incident have remained cloudy.
To sweep this one under the carpet, as a mere Boko Haram ISWAP attack: to me may leave a window open for further mischief.
I have known Engineer Mustapha Gubio, as a consumate gentleman, who cannot hurt a fly.
His emergence as APC’s flagbearer has a lot of prospects, given his pledge to consolidate on Governor Zulum’s achievements in security, resettlement, education and agriculture.
I am aware that investigators may not have not named any individual or political actor behind the attack for now, but citizens are eager.
While accusing fingers point in the direction of Boko Haram/ISWAP terrorists, who may be seeking to destabilize the 2027 political process, a deeper linning could prop up another dangerous design.
As Borno counts its blessings that Gubio survived, the poser remains: Who wants Gubio dead? Until this is resolved and the terrorist, who may be mere canonfodders are fully uprooted, candidates, voters, and convoys will continue to move under the shadow of that question.
That Curious Attack On Mustapha Gubio.
News
Borno Christian Youth Leader Names Son After Zulum, Cites Governor’s Leadership
Borno Christian Youth Leader Names Son After Zulum, Cites Governor’s Leadership
By: Michael Mike
A prominent Christian youth leader in Borno State, Mr Emmanuel Bulama, has named his newborn son Zulum in honour of Governor Babagana Zulum, citing the governor’s leadership, humanitarian interventions and commitment to rebuilding the state.
Bulama, who leads the Jere Christian Youth Forum, gave the name to his son during a naming ceremony held on Sunday, saying the decision was informed by what he described as the governor’s remarkable contributions to the development and welfare of the people of Borno.

The ceremony was officiated by Rev. Anthony Inuwa of the Church of Christ in Nations (COCIN), Old Maiduguri, who led the proceedings and offered prayers and blessings for the newborn and his family.
Explaining the significance of the name, Bulama said naming his son after the governor went beyond a personal tribute. According to him, it was also a prayer and an expression of hope that the child would grow into a man whose life would reflect the qualities he associates with Governor Zulum.
He specifically cited leadership, compassion, service to humanity and commitment to the people as qualities he hoped his son would emulate.
“This name is not just an honour to Governor Zulum; it is also a prayer for my son,” Bulama said, stressing that he desired the child to grow up with a strong sense of responsibility and dedication to the service of others.

The Christian youth leader said he hoped his son would become a responsible citizen who would make meaningful contributions to society and demonstrate concern for the welfare of others.
The gesture is particularly significant in a state where Governor Zulum’s administration has continued to place emphasis on rebuilding communities, strengthening social services and addressing the humanitarian consequences of years of insecurity.
The naming ceremony attracted prayers and goodwill messages for the newborn, his parents and the entire family, with prayers offered for the child to grow in wisdom, responsibility and service to humanity.
The event ended on a note of thanksgiving and celebration, with the family expressing gratitude for the safe arrival of the newborn and hope that the child would live up to the ideals symbolised by his name.
Borno Christian Youth Leader Names Son After Zulum, Cites Governor’s Leadership
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OF DATTI BABA AHMED, COMPETENCE AND SHETTIMA’S CAP
OF DATTI BABA AHMED, COMPETENCE AND SHETTIMA’S CAP
By: Inuwa Bwala
I think Nigeria is tending towards a dangerous trend by making leaders become demigods, that should be hero worshipped.
How orherwise can one describe Datti Baba-Ahmed’s interview clip, about President Bola Ahmed Tinubu’s Aso-ebi signature “cap”, and the need for his Vice, Kashim Shettima, and indeed everybody in APC to wear it.
I used to count Dr. Datti, the 2023 Vice Presidential candidate of the Labour Party, as one of Nigeria’s finest intellectuals in politics, who should differ from others, but
Seeing trying to mock the VP, and talk about caps as a symbol of unity or lack of it, makes his credentials before me fall flat.
I expected him to speak on Kashim Shettima’s capacity, competence and suitability or lack of them.
Failing to do so, has however forced me: like many others to think otherwise of him.
As Vice President, Senator Kashim Shettima is the virtual face of the administration, who stands in for his principal effectively at national and international meets.
He chairs the National Economic Council and stirs governance on food security, MSMEs and getting Nigerians out of poverty.
If leadership is about caps, perhaps Tinubu would have gone for a tailor, but it is beyond such myopic assertions
The cap the VP wears is the Nigerian flag. The cap he bears is the responsibility of over 200 million Nigerians. That is heavier than any signature cap.
I think we should judge leaders by results on security, economy, and not dresscode.
Perhaps, Dr. Datti need to know that, , Vice President Kashim Shettima doesn’t wear a signature cap, because he wears that of a country, its burdens of insurgency and reconstruction on his head every day.
Like I said earlier, if the job was about matching caps, Nigeria would have hired a tailor, but the job is about matching competence with crisis. And in that, Nigerians will be the better judges.
Leadership is not fashion. While others are checking caps, VP Shettima is checking food prices, security briefings, and NEC decisions. Nigeria needs problem solvers, not fashion displays.
OF DATTI BABA AHMED, COMPETENCE AND SHETTIMA’S CAP
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