Politics
EFCC Hails Anti-Terrorism Law
The Economic and Financial Crimes Commission (EFCC) has
commended the National Assembly for its zeal to strengthen the country’s
anti-money laundering and anti-terrorism laws.
EFCC’s Secretary, Mr.
Emmanuel Akomaye, gave the commendation when he spoke The Tide’s source in Abuja recently..
The two chambers of the National Assembly worked speedily on
the laws last week by passing them through the second reading.
“ We have a problem of terror in Nigeria and we don’t need
anybody‘s prompting to tell us to do what we need to do to ensure that if any
person is involved, the law should sufficiently cover his activities.
“One of the things which the terror bill is trying to
address is that if you stay in Afghanistan and you are funding terror in
Nigeria, this law should be able to cover that situation even if you pass the
funds through multiple fronts.
“Every conceivable situation is covered so that you will not
hide under the guise of the fact that the law does not cover that type of
situation.
We have a law no doubt but we want to make it stronger.’’
Akomaye also called for support for the presidential
committee on Financial Action Task Force (FATF) headed by former Head of
Service, Steve Oronsaye, which he noted was working toward ensuring that
Nigeria was not precluded from financial transactions by the comity of nations.
The FATF is a Paris-based global association of 186
countries demanding transparency before dealing in financial transactions
between themselves and with other countries of the world.
It is meeting on October 15 in France to determine whether
Nigeria should be one of the countries to be delisted from the group, a
development which could bar Nigeria from financial transactions with other
countries if it did not fine-tune its anti-money laundering and anti-terrorism
laws.
The objectives of the FATF are to set standards and promote
effective implementation of legal, regulatory and operational measures for
combating money laundering, terrorism financing and other related threats to
the integrity of the international financial system.
Politics
Cleric Tasks APC On Internal Stability, Warns Otti
He predicted that before the next election cycle, Abia’s political landscape would witness broken alliances, surprising mergers, and new contenders emerging from within established networks.
Prophet Arogun concluded with a broader appeal to Nigeria’s political leaders, emphasizing the need for justice, peace, and integrity in public governance.
“Nigeria is the assignment. Only righteousness will stabilize this nation. Only fairness will preserve the mandate. Let those who have ears hear”, he said softly.
Politics
DEFECTION: DON’T HIDE UNDER OLD SENTIMENTS TO FIGHT DIRI – AIDE
Politics
Makarfi Resigns As PDP BoT Secretary
Senator Makarfi’s resignation comes on the heels of the national convention that saw the emergence of the new Chairman of PDP, Dr Kabiru Tanimu Turaki (SAN).
In his letter of resignation, which was addressed to the PDP BoT Chairman, Senator Adolphus Wabara, and made available to journalists in Kaduna on Monday evening, the former governor said, “Chairman and Members of the Board of Trustees may recall that about two months ago I had resigned as Secretary of the Board and posted same on the Board’s WhatsApp platform.
“Mr Chairman, you may also recall that you personally urged me to stay on until after a convention that produced a Chairman.”
He added that the principal reason he initially tendered his resignation then “and now, was and is still my belief that the National Chairman of the Party and Secretary of the Board of Trustees should not come from the same geopolitical zone.
“Now that a chairman has emerged from the North West, where I come from, it’s necessary to give him full space to do the needful. Accordingly, I hereby formally resign as Secretary of the Board of Trustees of the Peoples Democratic Party with effect from today, November 17th, 2025.”
While commending the BoT Chairman for his support during his tenure as Secretary of the Board, he stressed, “I truly appreciate the very respectful relationship between us during my period as Secretary,” adding that, “I also appreciate all Board members for their support and the good relationship that prevailed during my period as Secretary.”
Meanwhile, Dr Turaki on Monday pledged to ensure that power returns to the Nigerian people, urging the judiciary to uphold the tenets of democracy.
Dr Turaki, while giving his acceptance speech after the swearing-in of new officers at the end of the Elective Convention of the PDP in Ibadan, assured that there will be “no more impunity, no more suppression of the will of Nigerians”.
The chairman appealed to the judiciary to uphold the principles of stare decision, abiding by the decisions of the Supreme Court, and not to “willingly or unwillingly put yourselves in a situation where, rightly or wrongly, it may be assumed, correctly or incorrectly, that you are part and parcel of the process to truncate Nigerian democracy.”
According to him, the new leadership of the party would be open to listening to the yearnings of members, with a view to aligning with their will, declaring that “No more monkey dey work, baboon dey chop,” adding that “if baboon wants to chop, baboon must be seated to work.”
He noted that the PDP has maintained its original name, motto and logo, unlike the other parties that started with it, making it a recognised brand anywhere in Nigeria.
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