Crime
Naira Redesign: 3 Serving Governors Under EFCC’s Watch List For Stashing Billions Of Naira In Their Houses – Bawa
Naira Redesign: 3 Serving Governors Under EFCC’s Watch List For Stashing Billions Of Naira In Their Houses – Bawa
Three serving state governors are being monitored over their moves to launder stashed billions of naira through table payment of salaries to workers, Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa said.
He said raid on Bureau De Change operators will be sustained, urging Nigerians to support the system, for the benefit of all.
In an exclusive interview with Daily Trust, the EFFCC chairman disclosed that some governors are all out devising means to launder money they stashed in houses. He said so far, they are closely monitoring three of them.
Bawa, who refused to disclose the identity of the three governors, however, said two of them are from the North, while the 3rd one is from the southern part of the country.
He said intelligence at the disposal of the commission, showed that the three governors have concluded plans to inject the money into the system through table payment of their state workers’ salaries.
“Let me tell you something, the Intel that I have yesterday and I would want you to take this thing very seriously. Already, some state governors that have some of this cash stashed in various houses and the rest are now trying to pay salaries in cash in their state,” he said.
Asked whether the commission would summon the governors, the EFCC chair said they are closely monitoring them.
He added that “I don’t know how they want to achieve that but we have to stop them from doing that. Well, we are working, they have not paid the salaries in cash yet but it is a very serious thing”, saying the move is against section 2 of the Money Laundering Prohibition Act.
“The law is very clear regarding cash transactions. Anybody that is to consummate any cash transaction as an individual, if it is not through a financial institution must not be above N5million and if it is above that it is criminal for you to engage in such transaction. And for corporate entities it is N10million.
“Yes, I agree the salaries are not up to that but why are you all of a sudden, and all along you have been paying people salaries through their bank accounts and now you want to pay them in cash, what are you trying to do? They will come under a lot of guises, they are trying to do verification of officers, that is what we have gotten,” he said.
The EFCC boss also confirmed the mad rush by some people to dispose of their stashed funds by buying property.
“We are aware of that. Even if you dispose of your property and you receive cash, for that cash to be of value to you after January 31, 2023, you have to take it to the bank; so what happened, are you coming to the bank with those millions? That is why we are working with the bankers and if you have this information let us know about it,” he said.
He said the raids of BDC operators would continue. This he said, is very important to protect the system against the laundering of stashed funds.
“They (BDCs) are very important in the sense that a lot of people that have this naira cash, will want to convert them to USD or other foreign currencies, that is why they are very important.
“And based on the known gullibility of these people (BDCs), they are willing to accept this cash from the owners of these monies and they are willing to depart with the foreign currencies that they have and so that is why they are very important and very critical to us in this project that we said to ourselves that we are going to do,” he said. When Bawa’s attention was drawn to the fact that the dollar was rising despite the EFCC raids, he said it is a function of demand and supply.
“The truth of the matter here is just a simple function of demand and supply, people are rushing this commodity not that they are going to use it for any meaningful business engagement but they are just rushing for it, just a store of value, that is what is happening.
“And what they say in economics is the higher the demand, the higher the price; so people are just seeing USD or other hard currencies just the way that they are seeing gold, to get it exchanged and store their value,” he said.
On why he met chief compliance officers of banks in Lagos recently, he said the parley was part of efforts to properly monitor the system and to seek their collaboration in respect of the likelihood of people bringing in their illegitimate funds back to the system.
“We knew a lot of people are hoarding these funds, it is with them and they will always find a way of trying to bring it back to the system.
“So, irrespective of what they use their cash for, whether they exchange it for dollars, whether they use it to purchase houses for those that are willing to accept cash, it has to eventually come back to the financial institution. So, irrespective of what you do, the banks are very important and critical in the sense that they are the end recipients of this cash.
“The owner of BDC must deposit the money he exchanged for the currency he did, the owner of real estate must also do the same and all of that. So, we sat down, we deliberated and we agreed on what to do. Everybody is happy about it,” he said.
He, however, urged Nigerians to be calm, saying “this (naira redesign) is just a routine thing that ordinarily CBN ought to have done after every eight years, the monies are going to be taken.
“All that the government is saying is come and deposit the money at no cost to you; that is just what is happening, nothing more than that. “How can you have an economy where you have 85 per cent of your currency out there when you are calling for a cashless society when we have a lot of means by which people can consummate their transactions? What are you hiding? These days, people hardly go to the banks, you can transfer your money here using your app, and you can transfer your money through ATM, POS, and all of that, so why keep the money? Why are you scared of going to the bank to say that you want to deposit your money? He queried.
Naira Redesign: 3 Serving Governors Under EFCC’s Watch List For Stashing Billions Of Naira In Their Houses – Bawa
Crime
Fulani youths shot by suspected Berom militia in Jos South in latest unprovoked attack in Pleateau
Fulani youths shot by suspected Berom militia in Jos South in latest unprovoked attack in Pleateau
By: Zagazola Makama
Two Fulani youths were ambushed late Tuesday while returning from Gero village in Jos South Local Government Area (LGA) in the latest unprovoked attack by suspected Berom militia in Plateau state.
Zagazola Makama gathered from sources that the victims, Zakariya Abdullahi and Jibrin Musa, were attacked by suspected Berom militia around 8:00 p.m. Abdullahi was killed on the spot, while Musa sustained gunshot injuries and was rushed to a nearby hospital for medical attention.
The latest ambush of Zakariya Abdullahi and Jibrin Musa fits this established pattern of escalating attacks, in which pastoral and farming communities are alternately targeted in a cycle of reprisals.
The recent spate of violence follows the deadly December 31, 2025, attack in Bum community, Chugwi area of Vwang District, Jos South LGA, where at least seven farmers were killed in their homes and farmlands. That attack occurred despite prior security alerts warning of potential threats to several rural communities.
Zagazola had link the Bum killings to an escalating cycle of reprisal attacks. On December 27, 2025, five Fulani youths were shot near Con Filling Station along Bukuru Express Road, sustaining critical injuries. Local sources allege that the gunmen, suspected Berom militia, targeted the youths without provocation as they returned from Bukuru Cattle Market.
The December violence traces further back to attacks on mining sites and pastoral assets. On December 16, 2025, gunmen attacked an illegal mining site at Tosho community, Barkin Ladi LGA, by Fulani Bandits, killing 12 miners and abducting three others. The assault reportedly followed cattle rustling in nearby communities, including the loss of 137 cattle in Nding community on December 12, and additional theft and poisoning of livestock across Jos East and Riyom LGAs.
The unrest has also seen civilian casualties, including the killing of four children in Dorong village, Foron District, Barkin Ladi LGA, in what residents describe as a Fulani reprisal attack. Other retaliatory attacks have reportedly targeted Gero village in Jos South LGA, resulting in the deaths and injury of both humans and livestock.
Despite multiple warnings and early alerts, affected communities have repeatedly decried slow response by the state government and selective enforcement that fails to dismantle armed militias on all sides.
The lack of decisive action against armed militias on both sides has fueled unending attacks, mistrust, making people in rural settlements increasingly vulnerable to attacks. Unresolved issues such as cattle rustling, livestock poisoning, and targeted killings act as triggers for revenge attacks, creating a self-perpetuating spiral of violence.
Fulani youths shot by suspected Berom militia in Jos South in latest unprovoked attack in Pleateau
Crime
Collapsed fence kills five in Maiduguri
Collapsed fence kills five in Maiduguri
By: Zagazola Makama
Five people were killed and one injured after a fence collapsed in Bintu Sugar, Jere Local Government Area of Borno State.
Zagazola report that the incident occurred on Jan. 4 at about 8:12 p.m., when six individuals were reportedly near the fence at the community.
According to the sources, the victims were immediately evacuated to the State Specialists Hospital, Maiduguri, for medical attention. However, Hadiza Mohamed, Adamu Umar, Abdul Malik Usman, Abdullahi Usman, and Salamatu Mohammed Dibal, all residents of Gomari, Bintu Sugar, were certified dead.
One survivor, Ya’u Labaran, 16, is responding to treatment at the hospital.
The Borno Police Command confirmed the incident noting that the corpses were photographed and released to relatives for burial according to Islamic rites. Investigation into the circumstances surrounding the fence collapse is ongoing.
Collapsed fence kills five in Maiduguri
Crime
Troops of Operation Enduring Peace, police arrest seven over Qua’an-Pan genocide, cattle rustling
Troops of Operation Enduring Peace, police arrest seven over Qua’an-Pan genocide, cattle rustling
By: Zagazola Makama
A combined security forces from Operation Enduring Peace have arrested seven suspects in connection with the killing of residents and rustling of cattle in Bong/Kook village, Qua’an-Pan Local Government Area of Plateau State.
Zagazola Makama gathered that the suspects, all locals of Plateau state, were arrested on Jan. 4 at about 9:30 p.m. following credible intelligence.
According to the sources, the arrests were carried out at Namu while the suspects were en route to Nasarawa State by a combined team of the police, Operation Enduring Peace and local hunters.
“The suspects arrested include both the masterminds and those who directly participated in the attack and killing at Kook village,” the sources said.
The incident, which occurred in the early hours of Jan. 2, involved armed men who invaded Bong/Kook village in Doemak District, rustled some cows and shot dead residents during the attack.
The Plateau State Police Command had earlier confirmed that at least seven persons were killed and several others injured during the invasion, adding that two of the attackers were also neutralised during a pursuit by security forces.
Sources said a joint team of soldiers, police personnel, operatives of the Nigeria Security and Civil Defence Corps (NSCDC) and vigilantes pursued the attackers, who allegedly killed residents to facilitate their escape before abandoning the rustled cattle.
The security forces clarified that preliminary investigations linked the incident to criminal elements involved in cattle rustling, and not to ethnic or religious motives.
It added that the rustled cows had been recovered, while security deployment had been intensified across the area to prevent further attacks.
Security agencies said efforts were ongoing to track down and arrest other fleeing suspects and to recover weapons used during the attack.
Zagazola Makama observed that the arrest of seven suspects connected to the killings failed to attract significant attention as part selective narrative in the reporting and advocacy around violence in the state.
Zagazola has previously reported how the deadly attack attracted unusually low publicity and muted reactions because the perpetrators were locals of the state and not Fulani bandits. It failed to generate the level of outrage, media coverage and international attention often associated with similar killings in Plateau State.
“The attack did not fit into the familiar ethnic or religious framing that usually drives strong reactions. The assailants were identified as Plateau indigenes, and the victims were neither Fulani nor linked to pastoral communities,”Makama said.
Troops of Operation Enduring Peace, police arrest seven over Qua’an-Pan genocide, cattle rustling
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