Opinion
Magu’s Saga: Beyond The Facts

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, was last month recommended for removal from office by the Attorney-General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami (SAN) over alleged diversion of recovered loots, insubordination and others. Malami in the memo to President Muhammadu Buhari listed three names for possible replacement of Ibrahim Magu alongside his alleged atrocities.
A critical look at the litany of alleged offences will rather make one conclude that a high-wired politics is in motion to achieve a coded objective beyond the ‘watery’ indictment for removal of Magu from office. The pertinent question demanding answers is; does the country need the brouhaha if it is not to move the nation forward but merely for political motives? This is a period when schools have been under lockdown over the Covid-19 pandemic; many have lost their jobs; economy has been under coma and private businesses are struggling to survive.
Prominent and most ridiculous among the allegations is that the AGF, Malami, accused the EFCC boss of disclosing a total naira recovery of N504 billion but lodged N543 billion in the Recovery Account with the Central Bank of Nigeria (CBN). In the first place, did we complain that we got a deposit higher than what was declared? I believe the treasury too needs such a positive ‘discrepancy’ instead of the other way round which is common since independence.
By the discrepancy, it means the amount lodged in CBN Recovery Account which Magu cannot access after deposit exceeded the alleged disclosed figures by N39 billion. Without a doubt, it amounts to discrepancy but a positive one as the amount deposited in the treasury exceeded the amount possibly presented in a press briefing or in any other forum. The question is; is this a negative record to accuse Magu of re-looting the looted funds for having excess funds in the treasury than declared at a time?
Sensibly, it would only demand investigation if the deposited amount in the CBN Recovery Account is less than the declared amount and not as it presently stands. Except there is evidence that the total recovered amount exceeded the N543billion deposited in the treasury. It is also important to note that even the President cannot access the money in the CBN without the record reflecting it. Thus, the allegations vis-à-vis the recovered loot lack merit.
Other grounds in the memo to the president in which Malami anchored his recommendation are insubordination and misconduct which could be handled by the presidency without public knowledge. Hence, needless to interfere in the affairs of the presidency. The Chief of Staff to the President, Prof Ibrahim Gambari, as an experienced diplomat convincingly knows how to resolve such conflicts among the President’s appointees.
Also in the grounds are; alleged discrepancies in the reconciliation records of the EFCC and the Federal Ministry of Finance on recovered funds; not providing enough evidence for the extradition of ex-Minister of Petroleum Resources, Diezani Alison-Madueke; alleged late action on the investigation of Process and Industrial Development (P&ID) leading to legal dispute, and not respecting court order to unfreeze a N7billion judgment in favour of a former Executive Director of First Bank.
Others are alleged delay in acting on two vessels seized by Nigerian Navy leading to the loss of crude; favouring of some investigators called Magu’s Boys; reporting some judges to their presiding officers without deferring to the AGF; alleged sale of seized assets to cronies, associates and friends, and alleged issuance of investigative activities to some media prejudicial to some cases.
Of course, as stated earlier, other allegations are issues for the Presidency to look into but not as weighty as the alleged diversion of recovered loots merely on account of the discrepancy between the amounts deposited and declared. The good point in the story is that the recovered loots are intact and not tampered with except there is a record to establish it.
The pertinent question is; what are they investigating? That amount deposited with the CBN exceeded the amount EFCC earlier declared? So, should Magu be asked to take over the excess deposit?
Although other allegations are also important but the only charge that can lead to removal of Magu from office as EFCC boss is meddling or diversion of recovered loots which AGF in the ‘picture’ didn’t show forth. Malami, ironically, painted Magu as a ‘good samaritan’.
In conclusion, if the plot is a prelude to initiate another move for Magu’s confirmation by the Senate, if he has not been found wanting particularly in re-looting our recovered loots, he should be confirmed as the EFCC chairman rather than with this expensive drama. The country has numerous challenges facing it and therefore the polity cannot be subjected to such distractions. If Magu has benefitted in any way from the recovered loots or abused his office in anyway, let him face the music. Otherwise, let’s not unconsciously blackmail the nation in the eye of the international community.
Finally, the media on Monday accurately reported that Magu was arrested but authorities denied it including the anti-graft agency. Later, it was confirmed that Magu was detained overnight. Could someone be detained without arrest, a question begging for an answer? The action portrayed the nation’s media industry as undependable. Meanwhile, the report was accurate. Government cannot be involved in destroying the media for whatever reasons.
As it stands, Magu may if not found culpable be reinstated. Buhari’s administration will equally score a goal for entrenching a prominent democratic principle vis-à-vis rule of law that ‘nobody is above the law’. Ultimately, the media industry lost in the game for the ‘inconsistency’ in the reports of ‘Magu arrested’ and later, a disclaimer that he wasn’t arrested. But eventually, he was arrested whether by ploy or seriousness.
Umegboro is a public affairs analysts.
Carl Umegboro
Opinion
Restoring Order, Delivering Good Governance
The political atmosphere in Rivers State has been anything but calm in 2025. Yet, a rare moment of unity was witnessed on Saturday, June 28, when Governor Siminalayi Fubara and Minister of the Federal Capital Territory, Chief Nyesom Wike, appeared side by side at the funeral of Elder Temple Omezurike Onuoha, Wike’s late uncle. What could have passed for a routine condolence visit evolved into a significant political statement—a symbolic show of reconciliation in a state bruised by deep political strife.
The funeral, attended by dignitaries from across the nation, was more than a moment of shared grief. It became the public reflection of a private peace accord reached earlier at the Presidential Villa in Abuja. There, President Bola Ahmed Tinubu brought together Governor Fubara, Minister Wike, the suspended Speaker of the Rivers State House of Assembly, Martin Amaewhule, and other lawmakers to chart a new path forward.
For Rivers people, that truce is a beacon of hope. But they are not content with photo opportunities and promises. What they demand now is the immediate lifting of the state of emergency declared in March 2025, and the unconditional reinstatement of Governor Fubara, Deputy Governor Dr. Ngozi Odu, and all suspended lawmakers. They insist on the restoration of their democratic mandate.
President Tinubu’s decision to suspend the entire structure of Rivers State’s elected leadership and appoint a sole administrator was a drastic response to a deepening political crisis. While it may have prevented a complete breakdown in governance, it also robbed the people of their voice. That silence must now end.
The administrator, retired naval chief Ibok-Ette Ibas, has managed a caretaker role. But Rivers State cannot thrive under unelected stewardship. Democracy must return—not partially, not symbolically, but fully. President Tinubu has to ensure that the people’s will, expressed through the ballot, is restored in word and deed.
Governor Fubara, who will complete his six-month suspension by September, was elected to serve the people of Rivers, not to be sidelined by political intrigues. His return should not be ceremonial. It should come with the full powers and authority vested in him by the constitution and the mandate of Rivers citizens.
The people’s frustration is understandable. At the heart of the political crisis was a power tussle between loyalists of Fubara and those of Wike. Institutions, particularly the State House of Assembly, became battlegrounds. Attempts were made to impeach Fubara. The situation deteriorated into a full-blown crisis, and governance was nearly brought to its knees.
But the tide must now turn. With the Senate’s approval of a record ?1.485 trillion budget for Rivers State for 2025, a new opportunity has emerged. This budget is not just a fiscal document—it is a blueprint for transformation, allocating ?1.077 trillion for capital projects alone. Yet, without the governor’s reinstatement, its execution remains in doubt.
It is Governor Fubara, and only him, who possesses the people’s mandate to execute this ambitious budget. It is time for him to return to duty with vigor, responsibility, and a renewed sense of urgency. The people expect delivery—on roads, hospitals, schools, and job creation.
Rivers civil servants, recovering from neglect and under appreciation, should also continue to be a top priority. Fubara should continue to ensure timely payment of salaries, address pension issues, and create a more effective, motivated public workforce. This is how governance becomes real in people’s lives.
The “Rivers First” mantra with which Fubara campaigned is now being tested. That slogan should become policy. It must inform every appointment, every contract, every budget decision, and every reform. It must reflect the needs and aspirations of the ordinary Rivers person—not political patrons or vested interests.
Beyond infrastructure and administration, political healing is essential. Governor Fubara and Minister Wike must go beyond temporary peace. They should actively unite their camps and followers to form one strong political family. The future of Rivers cannot be built on division.
Political appointments, both at the Federal and State levels, must reflect a spirit of fairness, tolerance, and inclusivity. The days of political vendettas and exclusive lists must end. Every ethnic group, every gender, and every generation must feel included in the new Rivers project.
Rivers is too diverse to be governed by one faction. Lasting peace can only be built on concessions, maturity, and equity. The people are watching to see if the peace deal will lead to deeper understanding or simply paper over cracks in an already fragile political arrangement.
Wike, now a national figure as Minister of the FCT, has a responsibility to rise above the local fray and support the development of Rivers State. His influence should bring federal attention and investment to the state, not political interference or division.
Likewise, Fubara should lead with restraint, humility, and a focus on service delivery. His return should not be marked by revenge or political purges but by inclusive leadership that welcomes even former adversaries into the process of rebuilding the state.
“The people are no longer interested in power struggles. They want light in their streets, drugs in their hospitals, teachers in their classrooms, and jobs for their children. The politics of ego and entitlement have to give way to governance with purpose.
The appearance of both leaders at the funeral was a glimpse of what unity could look like. That moment should now evolve into a movement-one that prioritizes Rivers State over every personal ambition. Let it be the beginning of true reconciliation and progress.
As September draws near, the Federal government should act decisively to end the state of emergency and reinstate all suspended officials. Rivers State must return to constitutional order and normal democratic processes. This is the minimum requirement of good governance.
The crisis in Rivers has dragged on for too long. The truce is a step forward, but much more is needed. Reinstating Governor Fubara, implementing the ?1.485 trillion budget, and uniting political factions are now the urgent tasks ahead. Rivers people have suffered enough. It is time to restore leadership, rebuild trust, and finally put Rivers first.
By: Amieyeofori Ibim
Amieyeofori Ibim is former Editor of The Tide Newspapers, political analyst and public affairs commentator
Opinion
Checking Herdsmen Rampage
Do the Fulani herdsmen have an expansionists agenda, like their progenitor, Uthman Dan Fodio? Why are they everywhere even the remotest part of other areas in Nigeria harassing, maiming, raping and killing the owners of the land?”
In a swift reaction, The Movement for the Survival of the Ogoni People (MOSOP) decried and strongly condemned the invasion by suspected Fulani herdsmen.
In his denunciation, MOSOP President Fegalo Nsuke described the incident as very unfortunate and deeply troubling, warning against a recurrence of the violence experienced in Benue State. “The killing of yesterday is bad and very unfortunate. We are getting preliminary information about how the herders gained access to the farmland, and it appears some hoodlums may be collecting money and granting access illegally.”
He called on the Hausa community in Rivers State to intervene swiftly to prevent further attacks.
“We want the Hausa community in Rivers State to take urgent action to ensure these issues are resolved”.
But will such appeal and requests end the violent disposition of the Fulani herdsmen? It is not saying something new that the escalating threat and breach of peace across the country by the Fulani herdsmen or those suspected to be Fulani herdsmen, leaves much to be desired in a country that is bedevilled by multi-dimensional challenges and hydra-headed problems.
Some upland Local Government Areas of Rivers State, such as Etche, Omuma, Emohua, Ikwerre, Oyigbo, Abua, Ogba/Egbema/Ndoni, have severally recounted their ordeals, as herdsmen invaded farmlands, destroyed crops, raped female farmers and killed protestant residents.
Again the wanton destruction of lives and properties which no doubt has overwhelmed the Nigerian Police, makes the clamour for State Police, indispensable. The National Assembly should consider the amendment of the Constitution to allow States to have their Statutory policing agencies.
Opinion
Is Nigeria Democratic Nation?
As insurgency has risen to an all time high in the country were killings has now grown to be a normal daily activity in some part of the nation it may not be safe to say that Nigeria still practices democracy.
Several massacres coming from the Boko Haram and the herdsmen amongst all other insurgencies which have led to the destruction of homes and killing, burning of communities especially in the northern part of the country. All these put together are result of the ethnic battles that are fought between the tribes of Nigeria and this can be witnessed in Benue State where herders and farmers have been in constant clashes for ages. They have experienced nothing but casualties and unrest.
In the month of June 13-14, the Yelwata attack at the Guma Local Government Area by suspected gunmen or herdsmen who stormed the houses of innocent IDPs (Internally Displaced Persons) claiming the lives of families, both adults and children estimated to be 200 victims. They were all burnt alive by these unknown gunmen.
This has been recorded as one of the deadliest insurgencies that had happened in recent years. Some security personnel that were trying to fight the unknown gunmen also lost their lives.
Prior to the Yelewata attack, two days before the happening, similar conflict took place in Makurdi on June 11, 2025. 25 people were killed in the State. Even in Plateau State and the Southern Kaduna an attack also took place in the month of June.
All other states that make up the Middle Belt have been experiencing the farmers/herders clash for years now and it has persisted up till recent times, claiming lives of families and children, homes and lands, escalating in 2025 with coordinated assaults.
Various authorities and other villagers who fled for safety also blamed the herdsmen in the State for the attack that happened in Yelwata community.
Ehebha God’stime is an Intern with The Tide.
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