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EFCC Seeks Law To Seize Unexplained Wealth

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The Chairman of the Economic and Financial Crimes Commission, Mr Ola Olukoyede, has called for legislation against unexplained wealth, as a way of checking the criminal activities of treasury looters in the country.

The EFCC spokesperson, Mr Dele Oyewale, in a statement, quoted Olukoyede as making the call at a two-day International Law Conference organised by Christopher University, Mowe, Ogun State.

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The theme of the conference was “Unexplained Wealth in the Global South: Examining the Asset Recovery and Return Trajectory.”

Olukoyede said several countries, including the United Kingdom, Australia, Mauritius, Kenya, Zimbabwe and Trinidad and Tobago, had embraced the Unexplained Wealth Orders since it came into force in 2018.

READ ALSO: NANS Slams EFCC’s Claim Of Students’ Engagement In Cybercrimes

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He said the EFCC was still relying on the provisions of Section 7 of its Establishment Act to check the menace.

“The issue of unexplained wealth is not a local issue. There are pieces of jurisdictional legislation across the world to tackle it.

“To date, countries of the world are faced with criminalities emanating from money laundering practices and illicit funds. This circumstance led to the promulgation of Unexplained Wealth Orders, that came into force in 2018.

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“Several countries, such as the United Kingdom, Australia, Mauritius and African countries like Kenya, Zimbabwe, and Trinidad and Tobago in the Caribbean have come up with UWO. Nigeria is yet to come up with a national legislation on it,” he said.

READ ALSO: Convicted Drug Lord Loses Mansion, Other Property To FG

The EFCC boss, who was represented at the conference by the Abuja Zonal Commander, Assistant Commander of the EFCC, ACE1 Adebayo Adeniyi, emphasised that treasury looters would have little cover if the issue of unexplained wealth was tackled more seriously across the world.

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“In Nigeria today, unexplained wealth has become a practical means of tracing, identifying, investigating and prosecuting corruption cases.

“As an anti-graft agency, suspects of any economic and financial crimes are usually required to declare their assets in the course of the investigation.

“The basis for this is to properly establish their true asset base and their linkage or otherwise to any act of corruption.

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“Owing to the absence of legislation on the issue of unexplained wealth, the EFCC continues to rely on provisions of Section 7 of its Establishment Act to handle it,” he said.

READ ALSO: EFCC Warns Nigerians Against ATM Swap Fraudsters

Olukoyede said the concerns about unexplained wealth bordered more on asset tracing, investigation and recovery.

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“Nations are rapidly settling for non-conviction-based asset forfeiture. The reason for this is simply unexplained wealth can only be beneficial to the state if they are forfeited.

“Since inception, the EFCC has secured sizable assets from fraudsters. They range from houses, vehicles, barges, jewelry, money, furniture items, landed properties, among others,” he said.

Explaining further, the EFCC boss stated that, “procedures for asset forfeiture usually involve the prosecution of the suspected fraudster, as assets may be forfeited on an interim basis or be forfeited permanently, depending on the position of the law and the court.

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“However, whether interim forfeiture or permanent forfeiture, what is important is for every ill-gotten wealth to be recovered and kept with the government,” he said.

READ ALSO: Tinubu Violated EFCC Extant Laws Appointing Olukoyede As Chairman, Group Alleges

He urged the public to be forthcoming with information about suspicious assets in their various communities, as the commission would work better only if intelligence and information were readily available.

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On the realities of countries in the global south concerning asset recovery, Olukoyede pointed out that countries in the global South were still far away from a culture of public accountability.

“Ethnic and religious biases often stand in the way of full disclosure of information by people in third world countries.

“The implication of this is that anti-corruption agencies can only operate based on the intelligence available to them,” he said.

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While talking about the hurdles in asset recovery in Nigeria, Olukoyede punctured the technicality of prosecution of looted assets that sometimes require publication in major newspapers.

READ ALSO: Convicted Drug Lord Loses Mansion, Other Property To FG

“This takes time. Sometimes, the delay may come from some fraudulent claims to frustrate the forfeiture proceedings. In all of these, what is paramount is the facts available to the court.

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“At the end of it all, assets are always recovered permanently for the benefit of all.

“Also, recovery of stolen funds stashed in foreign jurisdictions is more complex. Institutions of state are usually involved in the recovery of such funds and this takes far more time and effort, he added.

“The return trajectory involved in this may even take years, and this can be really frustrating to anti-corruption agencies or government institutions involved in the recovery.

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“Nigeria is having such instances in the recovery of looted funds by many government officials,“ he said.

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SUBEB Urges LG Chairmen To Sack Absentee Teachers In Bauchi

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The Bauchi State Universal Basic Education (BASUBEB) has called on all the 20 Local Government Chairmen in the state to sack absentee teachers.

Alh. Adamu Mohammed, the Executive Chairman, BASUBEB, made the call on Friday during the official flag off ceremony of the 2025/2026 state wide enrolment campaign in Kirfi Local Government Area of the state.

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Mohammed, who said that the move would serve as a deterrent and make others to be up and doing, added that the chairmen only need to inform SUBEB about the decision.

He also expressed the commitment of the Board to reward teachers who are diligent, committed, punctual and dedicated to service so as to encourage them.

The SUBEB boss who lamented the lack of enrolment of school aged children in schools across the state, said the development is detrimental to the future of the children.

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READ ALSO:Bauchi Govt Inaugurates Pastors, Imams Peace Building Committee

According to him, the state government was doing everything possible to improve the quality of education at the Basic level, saying that members of the communities were not supportive of the efforts by not sending their children to school.

He also stressed that Girl child education is important to the development and growth of the society, calling on parents to send their girl children to School.

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“I want to call on all the Local Government Chairmen in the state to take responsibility of supervising and monitoring schools in their respective areas because SUBEB can’t be everywhere at the same time.

“The Board will not rest in its oars until Basic education becomes the envy of others in line with what UNICEF and UBEC set as guidelines,” he said.

Also speaking, Dr Mohammed Lawal, the state’s Commissioner for Education, said the aim of the enrolment campaign is to mobilise traditional institutions to support enrolment drive in the state by sensitising parents and guardians on the need to send their children to school.

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READ ALSO: Bauchi One Of Most Educationally Disadvantaged States In Nigeria – Expert

He added that the Adolescent Girls Initiative for Learning and Empowerment (AGILE) would also support whatever the traditional institutions are doing to achieve greater enrolment as well as continuity in education.

Earlier, Dr Nuzhat Rafique, the Chief of Field Office, United Nations Children’s Fund (UNICEF), Bauchi, recalled how the number of out-of-school children was reduced from 1.5 million to 500,000 through the effort of the governor with support from traditional, religious leaders, communities and parents.

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“This is a huge progress but still, having 500,000 children out of school is one of the main goals for us to bring them also into schools.

“Education is the right of every child. No child should be out of school and that is my humble request that as the government is putting in policies, steps and strategies to bring these children back to school, everybody should key into it.”

While assuring UNICEF’s commitment and support to the development of basic education in the state, she called on all stakeholders to work together and ensure that every child is back to school.

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UNILAG Honours Bayelsa Gov, Diri

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The University of Lagos has completed a book project on the leadership qualities and governance style of Bayelsa State Governor, Senator Douye Diri.

The Managing Director of the UNILAG Consult, Prof John Oyefara, who disclosed this on Thursday during a courtesy visit to Government House, Yenagoa, said the institution has also proposed a public lecture as well as endowing a Professorial Chair in the Department of Political Science in his honour.

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UNILAG Consult was established in 1983 and incorporated under the Companies and Allied Matters Act in 2013. It serves as the consultancy arm of the institution, providing research-driven, cross-sectoral technical services via access to the university’s academic expertise and facilities.

Diri’s Chief Press Secretary, Mr Daniel Alabrah, in a statement on Friday, quoted Oyefara as saying that the university had a track record of assessing the performance of various leaders in Nigeria and that the book titled “Leadership Chronicles of Governor Douye Diri” focuses on his exemplary leadership and achievements.

READ ALSO:Diri Approves Automatic Employment For UAT First Class Graduates

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He said, “At the University of Lagos, we have a tradition of assessing leaders in Nigeria. We use our own templates and standards that are global to measure the leadership in Nigeria.

“We identified Your Excellency to be a leading star in Nigeria, based on leadership and governance. We decided to put together all your achievements. The purpose of our visit was to inform you about our project in three thematic areas. One, is on the publication of the book we have been able to put together about His Excellency’s achievements in the state.

“We also propose a public lecture where renowned leaders in Africa will deliver a lecture on leadership and governance to exemplify the achievements of the governor. The third one is for the Department of Political Science in the University of Lagos to see the possibility of endowing a professorial chair in the name of His Excellency.”

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The Lead Editor of the project, Prof Hope Eghagha, also stated that the idea was an independent assessment of the governor’s performance in office, either in infrastructure or human capacity development, through interviews that were conducted.

READ ALSO:Diri Raises Alarm Over Alleged Threat To Peace In Bayelsa

Responding, Diri said he was pleasantly surprised by the gesture of the institution. He welcomed the idea of documenting his achievements, saying he had been nursing the idea of establishing a leadership institute to groom those with an interest in politics and political offices.

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The governor said, “It is really interesting when people, without your prompting, decide to do a thing for the purpose of posterity. A lot of the time, we do not document these events and activities, as we look at them as not too important. But they are.

“I have toyed with the idea that if I had the resources, could I establish a leadership institution in Bayelsa State so that before anyone thinks of becoming a councillor, council chairman, commissioner, special adviser or even governor, he knows what he is coming to do in office?

“If you are not prepared for it, then we are bound to fail as a country and as a state. So, I have been pleasantly surprised by the University of Lagos, and I think it is a good thing. Let me also state that the success in Bayelsa is not all about me. It is actually about our team. We have a dedicated team of commissioners, special advisers, technical advisers, and everybody contributing their quota to the whole.

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READ ALSO:Presidential Amnesty Programme Needs Adequate Funding, Says Bayelsa Gov, Diri

“That is why if anyone says we have done well in infrastructure, it is because down the ladder, those who have been vested with that authority have implemented our policies, projects and programmes to the best of what we expected to be.”

Diri approved the proposals from the delegation and thanked them for recognising him in the midst of others.

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Serving as Bayelsa State’s helmsman since his Supreme Court-affirmed inauguration in February 2020, Diri has become noted for his inclusive leadership and development-oriented governance.

Against this backdrop, UNILAG’s decision to document Diri’s leadership style and legacy through a dedicated book, alongside a public lecture series and a named professorial chair, marks a rare scholarly honour reflecting both institutional respect for governance excellence and encouragement of lasting academic inquiry.

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Lagos Begins Comprehensive Assessment Of Public Primary Schools

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The Lagos State Government has commenced its maiden NEEDS Assessment Project for all public primary schools across the state.

According to a statement on Friday by the Deputy Director, Information, LASUBEB, Abe Adunola, the initiative, spearheaded by the Lagos State Universal Basic Education Board, was unveiled on Thursday during a stakeholders’ engagement session.

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The NEEDS Assessment Project is an evidence-gathering exercise designed to identify gaps in infrastructure, teaching capacity, and learning resources in public schools. It provides government with data to plan targeted interventions and allocate resources more effectively.

According to the board, the project will cover 1,238 public primary schools, vocational centres, inclusive units, and Local Government Education Authorities.

READ ALSO:Diri Approves Automatic Employment For UAT First Class Graduates

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Board member of LASUBEB, Owolabi Falana, said the exercise was a major step in strengthening the foundation of basic education in Lagos.

Delivering the keynote address on behalf of the Deputy Chief of Staff, the Executive Assistant to the Governor on Project Implementation and Monitoring, Mr. Olusegun Sanwo-Olu, noted that the initiative reflected the state government’s resolve to drive education reform with data-driven interventions.

This project is about clarity and intentionality. By understanding the realities in our schools, we are laying a solid foundation for smart planning, equitable resource allocation, and sustainable reforms. It is a bold step that will ultimately improve the quality of teaching, enhance learning outcomes, and prepare Lagos children to thrive in this fast-changing world,” he said.

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LASUBEB Chairman, Dr. Hakeem Shittu, described the initiative as the first in a series of continuous exercises aimed at transforming Lagos public schools.

READ ALSO:Diri Raises Alarm Over Alleged Threat To Peace In Bayelsa

“This maiden edition of the Needs Assessment Project is only the beginning. It will be sustained as a continuous initiative to ensure our schools, teachers, and learners are never left behind,” he affirmed.

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Highlighting the project’s benefits, Shittu explained that the assessment would lead to safer classrooms, improved facilities, empowered teachers, and better learning outcomes for pupils.

“The future of Lagos depends on how much we invest in our children today. This initiative gives us the clarity and direction to act decisively,” he said.

He further stressed that the project was not only about identifying gaps but also about developing practical solutions that would create conducive learning environments, improve teachers’ working conditions, and strengthen administrative capacity across schools.

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READ ALSO:Tinubu, Akpabio, Abbas, Diri, Makinde, Eno, Labour Leaders, Others To Grace NUJ @70 Celebration

Shittu also commended the contributions of teachers, administrators, and Local Government Education Authorities, while emphasising collaboration with the Project Implementation and Monitoring Unit for credible data collection.

He urged teachers, parents, and community leaders to support the exercise.

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“The success of this project depends on our collective effort. Together, we can build a school system that empowers our children with the skills, knowledge, and confidence they need to compete globally,” he said.

The initiative comes against the backdrop of several education reforms introduced in Lagos in recent years. Through the EKOEXCEL programme launched in 2019, the state government deployed digital learning devices and retrained teachers to improve literacy and numeracy outcomes in public schools.

READ ALSO:How Someone Made Me Pay $10,000 To Marabouts To Become Governor –Diri

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The state has also embarked on school rehabilitation projects, the construction of new classrooms, and the expansion of inclusive education centres to accommodate children with special needs.

Despite these efforts, public primary schools in Lagos have faced challenges of overcrowded classrooms, poor infrastructure, and uneven access to quality teaching.

Education experts have long called for systematic assessments to guide interventions, making the NEEDS project the first coordinated attempt to collect comprehensive data for policy decisions in the state’s basic education sector.

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