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2023 Elections: EFCC Partners INEC To Curb Vote Buying
The Economic and Financial Crimes Commission (EFCC) has said that it would partner with the Independent National Electoral Commission (INEC) to curb vote buying, especially during the 2023 general election.
The Chairman of the EFCC, Mr Abdulrasheed Bawa, said this in an interview with journalists in Abuja, yesterday, shortly after defending the commission’s 2023 budget before the Senate Committee on Anti-Corruption.
“We will continue to do what we have to do, we are trying to ensure that illegitimate funds are not finding their way into our electoral processes,” he said.
Bawa said that the commission would partner with INEC to arrest and prosecute persons involved in vote buying.
The commission’s chairman said that cases of those arrested for vote buying in previous elections were ongoing in court.
Bawa also thanked the National Assembly for supporting the commission, via landmark legislation designed to further assist it to deliver on its mandate.
“I want to use this opportunity to thank the National Assembly for their support as EFCC chairman, particularly the committee on anti-corruption.
“They have been with us 100per cent. You remember recently they have worked with us to pass landmark Acts and legislations and the President has assented to it.
“So, we are working with them towards ensuring that this country is free of economic and financial crimes,” he said.
The EFCC chairman lauded the redesigning of naira notes by the Central Bank of Nigeria(CBN), adding it was a welcome development.
“We welcome the policy; it is a good thing that the country is designing its currency, because how can you have an effective monetary policy when you don’t have control over 85per cent of your currencies?
“Out there, people are holding it; people are using it to speculate on foreign currencies, and so coming out with this policy, the government is trying to contend with it.”
According to him, with the new policy, the commission will be able to monitor people holding currencies legitimately and illegitimately.
“I am sure that those people that are holding back this money whether legitimately or illegitimately, we will be able to monitor and the right cause of the law will take its course,” he added.
On the fight against cybercrimes, Bawa urged youths to support the commission to rid the nation of cybercrimes and other criminal activities associated with cyberspace.
According to him, their activities are tarnishing the image of the country in the global arena.
Bawa revealed that as of October 22, the commission succeeded in securing 2,847 convictions of cybercrime perpetrators.
“These are Nigerians from the youthful constituency; they should join me in fighting the scourge of Cybercrime.
“It is part of our mandate to fight cybercrime, to fight advance fee fraud, and we are working in conformity with the law.
“I am pleading with them not to stop doing such things at this time of transition of the country in terms of elections, in terms of government efforts to see that the economy is back on track,” Bawa added.
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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally
President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.
Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.
He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.
“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.
He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.
The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”
Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.
He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.
“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.
The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.
Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.
Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.
Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.
Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.
“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.
He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.
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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow …Restates Commitment Towards Veterans’ Welfare
The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.
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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.
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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.
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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.
?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph, Port Harcourt”, he said.
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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.
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Fubara Redeploys Green As Commissioner For Justice
The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.
Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.
This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.
According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.
The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.
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