News
Corporate Organisations Must Get Involved in the Fight Against Substance Abuse in Nigeria
By Odunayo Sanya, Executive Director, MTN Foundation
In the shadows of Nigeria’s bustling streets, a silent epidemic rages on, devouring the lives of our youth and shattering the dreams of families. Substance abuse has become a hydra-headed monster, its tentacles spreading everywhere, leaving in its wake a trail of broken lives, shattered hopes, and a nation in peril.
Odunayo Sanya, Executive Secretary, MTN Foundation
The cries of mothers who have lost their children to the grip of addiction, the anguish of fathers who have seen their sons succumb to the allure of drugs, and the despair of communities ravaged by the consequences of substance abuse – these issues echo through the land, a haunting reminder of a crisis that threatens to consume us all.
The statistics are alarming; according to the National Drug Law Enforcement Agency (NDLEA), Nigeria has one of the highest drug use prevalence rates in the world, with over fourteen million people using psychoactive substances. It reveals that 14.3% of Nigerians between age 15 to 64 have used drugs at least once in their lifetime. But behind these numbers lies a more poignant reality – a generation lost to the abyss of addiction, their potential, creativity, and innovation sacrificed on the altar of substance abuse. The Nigerian dream, once full of promise and hope, is fast becoming a nightmare, as the scourge of substance abuse threatens to undermine economic growth.
As we grapple with the challenges of nation-building, substance abuse poses a clear and present danger to our collective future. It is a ticking time bomb, waiting to unleash its full fury on our society, our economy, and our very way of life. And yet, we are sleepwalking into this catastrophe, oblivious to the devastation that awaits us. It is time to wake up, to confront this monster head-on, and to reclaim our nation from the grip of substance abuse. The future of Nigeria depends on it.
The consequences of substance abuse are multifaceted. It affects not only the individual but also their families, communities, and the nation at large. Substance abuse affects the mental and physical health of individuals, leading to increased cases of depression, anxiety, and even suicide. It also affects relationships, leading to family breakdowns, and social isolation. The impact on society is equally devastating, affecting productivity, leading to reduced economic output, and increased healthcare costs. Substance abuse is also linked to increased crime rates, violence, and social unrest.
The economic impact of substance abuse cannot be overstated. It affects productivity, leading to reduced economic output, and increased healthcare costs. Substance abuse also affects the workforce, leading to absenteeism, presenteeism, and reduced employee performance. According to a study by the World Health Organisation (WHO), substance abuse costs Nigeria over N100 billion annually.
As we struggle to rebuild our economy and create opportunities for our youth, substance abuse siphons off precious resources and talent. The billions spent on rehabilitation, healthcare, and law enforcement could be invested in education, infrastructure, and innovation. Instead, these resources have been disbursed to mitigate the damage caused by substance abuse. We owe it to ourselves, our children, and future generations to act decisively against this menace.
Corporate organisations in the country have a vital role to play in supporting the fight against substance abuse. One way to do this is through funding. Substance abuse initiatives require significant financial resources to implement effective prevention, treatment, and support programs.
The MTN Foundation, through its Anti-Substance Abuse Program (ASAP), is already making a significant impact in this area. ASAP is a comprehensive program that aims to reduce the prevalence of substance abuse among young people in Nigeria. By providing funding and resources, MTN Foundation is helping to support rehabilitation centres, counselling services, and public awareness campaigns.
There are alternative ways to support the fight against substance abuse, corporate organisations can lend their expertise to awareness and sensitization campaigns and provide in-kind donations. For example, they can provide venues for community events, expertise in areas of marketing and communications, and printing and distribution services. Additionally, corporate organisations can leverage their networks and influence to raise awareness about the dangers of substance abuse and promote initiatives aimed at preventing it.
At an internal level, corporate organisations should implement workplace policies and programs that prevent and address substance abuse. This can include employee assistance programs, drug testing, and substance abuse education and training. By creating a safe and supportive work environment, corporate organisations can help employees struggling with addiction to seek help and overcome their dependence on drugs.
In the United States, companies like CVS Health and Walmart have taken a stand against drug abuse by implementing programs to prevent opioid overdose and misuse. CVS Health, for example, has launched a program to provide naloxone, a medication that reverses opioid overdose, to patients without a prescription. Walmart, on the other hand, has implemented a system to track and prevent suspicious prescriptions, and provides disposal sites for unused medications.
In Europe, companies like IKEA and H&M are supporting the fight against drug abuse by partnering with organisations that provide treatment and support services. IKEA, for example, has partnered with the Swedish organisation, Länkarna, to provide job training and employment opportunities to people recovering from addiction. H&M has partnered with the UK-based organisation, Addaction, to provide funding and resources for treatment and support services.
Other companies, like Google and Facebook, are using their technology and platforms to support the fight against drug abuse. Google, for example, has launched a program to provide accurate and reliable information on substance abuse and treatment options through its search engine. Facebook has launched a program to provide resources and support services to people struggling with addiction, and partners with organisations to provide funding and expertise to support the fight against drug abuse.
Guinness Nigeria launched the ‘Drink Responsibly’ campaign, aimed at promoting responsible drinking habits and reducing the incidence of substance abuse. The company has also partnered with the Nigerian government and other organisations to support initiatives aimed at preventing and treating substance abuse. For example, Guinness Nigeria has provided funding and resources for the establishment of rehabilitation centres and counselling services for those struggling with addiction. These efforts demonstrate the commitment of Nigerian companies to supporting the fight against drug abuse and promoting a healthier and more responsible society.
The government, through the NDLEA, should encourage the private sector to get more involved in this fight. The agency has already shown commitment to this, even in the partnership with MTN Foundation on the ASAP programme. MTN’s involvement has been substantial, including advocacy walks, stakeholder conferences, and the inclusion of white papers. In 2024, the programme reached 87,000 students and trained 1,440 teachers across Nigeria. More such partnerships are essential because this is a collective fight. There is a need to undertake more of such partnerships because it is everyone’s fight .
As we confront the scourge of substance abuse in Nigeria, it is heartening to see corporate organisations stepping up to the plate. By providing funding, resources, and expertise, companies like MTN and Guinness are helping to stem the tide of addiction and despair that threatens to engulf our youth. But this is not just a moral imperative – it is an economic and social one too. For if we fail to act, we risk losing an entire generation to the abyss of substance abuse, with devastating consequences for our families, communities, and nation.
So let us salute these corporate champions and urge others to follow their lead. Together, we can create a Nigeria where our young people are empowered to reach their full potential, free from the shackles of addiction. A Nigeria where families are not torn apart by substance abuse, and communities are not ravaged by its consequences. It is a future worth fighting for, and one that we can achieve if we work together. The time to act is now – let us join forces to create a brighter, healthier future for ourselves, our children, and our nation.
Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), has warned against cash transportation above $10,000 or its equivalent without declaration to the appropriate government agencies.
Ola Olukoyede, chairman, EFCC
Olukoyede gave this charge in Kano at the weekend at a joint sensitisation program organised by the Nigeria Customs Service (NCS), the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the EFCC to educate Nigerians on legal protocols for cash movement across Nigeria’s borders.
He cautioned Bureau De Change (BDC) operators and other business stakeholders across the country against illegal cash smuggling, urging individuals transporting cash exceeding $10,000 (or its equivalent) to declare it to the NCS, as failure to do so constitutes a criminal offence.
According to the anti-graft czar, despite existing laws, many travellers, whether businessmen, pilgrims, or tourists, still engage in illegal cash movements out of ignorance or deliberate attempts to evade financial regulations.
Under the theme, “Illegal Cash Movement Through Nigerian Airports: Consequences, Legal Frameworks, and EFCC’s Enforcement Role,” Olukoyede, who spoke through CE Ibrahim Shazali, Kano Zonal Director of the EFCC, underscored the severe repercussions of non-compliance with Nigeria’s financial regulations.
“Today, we will clarify the legal requirements, reporting obligations, and consequences of non-compliance”.
“The consequences of illegal cash trafficking are grave—ranging from imprisonment and hefty fines to forfeiture of assets.
“The EFCC, in collaboration with sister agencies, remains resolute in prosecuting offenders and safeguarding the integrity of Nigeria’s financial system,” he said.
“Section 3(3) of the Money Laundering (Prevention and Prohibition) Act declares cash transportation above $10,000 (or equivalent) without declaration illegal and Section 18 of the same Act mandates BDCs to report suspicious transactions to the NFIU (Nigeria Financial Intelligence Unit).
He emphasised that illicit cash movement undermines economic stability and fuels crimes such as money laundering, terrorism financing and corruption.
Olukoyede also outlined the legal frameworks governing cash movements, including the EFCC Act (2004), the Money Laundering (Prevention and Prohibition Act) 2022 and Central Bank of Nigeria guidelines.
“Nigeria, as a signatory to international anti-money laundering conventions, has established strict laws to regulate the movement of cash in and out of the country.
“The Central Bank of Nigeria (CBN) Act, Money Laundering (Prevention and Prohibition) Act 2022, and the EFCC Establishment Act provide clear guidelines on cash declarations and penalties for violations.”
The sensitisation program highlighted the inter-agency commitment to enforcing compliance.
Representatives from the NCS and ICPC reinforced the importance of adhering to anti-corruption laws and cross-border financial regulations.
Stakeholders, including BDC operators, were urged to uphold ethical practices and report suspicious activities.
The EFCC’s boss called for stakeholders’ support and collective vigilance against illicit financial flows in Nigeria.
“We urge all stakeholders to prioritise national interest over personal gain. Compliance is not optional; it is a legal and patriotic obligation. Together, we can curb illicit financial flows and promote economic security”, he said.
Against the backdrop of Lagos State’s proactive efforts to reform its electricity sector, the Consumer Advocacy and Empowerment Foundation (CADEF) has launched its ‘Renew Energy Nigeria’ platform, a nationwide initiative with potential synergies for the state’s ambitious energy goals.
Professor Chiso Ndukwe-Okafor, CADEF’s Executive Director, introduced the platform in Lagos, highlighting its aim to empower Nigerians with information and access to decentralized renewable energy (DER) solutions. “The launch of this platform marks a significant step towards democratizing access to information and resources within Nigeria’s burgeoning sustainable energy sector.”
The platform’s launch comes as Lagos State, under the Lagos State Electricity Law, is actively establishing a regulatory framework and attracting private sector investment. Kamaldeen Abiodun-Balogun, General Manager of the LSEB, detailed the state’s progress in creating a functional electricity market, ensuring payment security, and addressing infrastructure challenges. “This law enabled us to create policy documents and establish regulatory agencies to initiate the implementation of the Lagos electricity market,” he explained, adding that private sector involvement will be key in areas where existing Discos face performance issues.
Segun Adaju, a private sector player deeply engaged in the energy sector, lauded Lagos State’s leadership. “In all these, Lagos State is always setting the pace. Many of us in the private sector players like myself, we are also looking up to Lagos State to set the pace,” he said, also mentioning his work on the Centralized Renewable Energy Desk for the state government.
While acknowledging national-level challenges such as import restrictions and forex fluctuations as noted by Professor Ndukwe-Okafor: “The recent federal plan on restrictions on the importation of solar products and the fluctuation of forex rate have made clean energy solutions costly”, the focus on Lagos State’s progress suggests a promising local environment for DER adoption, potentially amplified by CADEF’s new platform.
The broader socio-economic context, as highlighted by Olumide Ajayi, “Over 40% of Nigerians do not have access to reliable electricity”, underscored the importance of initiatives like ‘Renew Energy Nigeria’ and the enabling policies being implemented in states like Lagos.
Professor Ndukwe-Okafor concluded with a powerful call to action. “This platform is not an isolated intervention. It is aligned with our ideal country’s national vision, the 30-30-30 initiative. Let us not build a solar future that only serves the wealthy. Let us democratize clean energy. Let us make it local, inclusive, and scalable.”
The launch of “Renew Energy Nigeria” marks a significant step towards a more sustainable and equitable energy future for Nigeria, driven by innovation, collaboration, and a commitment to empowering its citizens. The platform is now live and accessible to all Nigerians seeking reliable and clean energy alternatives
A federal high court in Abuja has granted permission to the Economic and Financial Crimes Commission (EFCC) to arrest and detain six Crypto Bridge Exchange (CBEX) promoters over allegations of investment fraud to the tune of over one billion dollars.
Emeka Nwite, presiding judge, gave the order following an ex parte application moved by Fadila Yusuf, counsel to the EFCC.
In the application by the EFCC, the six suspects are Adefowora Olanipekun, Adefowora Oluwanisola, Emmanuel Uko, Seyi Oloyede, Avwerosuo Otorudo and Chukwuebuka Ehirim.
The commission sought an order of the court for a warrant of arrest of the defendants.
They also prayed the court for “an order remanding the defendants in the custody of the complainant/applicant pending the conclusion of investigation of the alleged offences and possible prosecution”.
Yusuf said that the defendants are at large and a warrant of arrest is required to arrest the defendants for proper investigation and prosecution of this case.
In the affidavit in support of the motion, the EFCC said preliminary investigation into the intel revealed that the defendants “using their company ST Technologies International Limited, promoted another company Crypto Bridge Exchange (CBEX) by making adverts and lured unsuspecting members of the public to invest crypto cryptocurrencies on the CBEX investment platform”.
The EFCC said the defendants promised an unrealistic return on investment of up to 100 percent.
“The victims were made to convert their digital assets into a stablecoin of USDT for onward deposit into the suspects’ crypto wallet,” Yusuf said.
“The victims were initially given full access to the platform to monitor their investment.
“Following the deposits valued at over $1 billion by the victims, the CBEX investment platform became inaccessible to them, and they could no longer withdraw from the investment made.
“The victims later discovered that the said scheme is a scam.
“During the course of investigation, it was discovered that the said ST Technologies International Limited, though registered with the Corporate Affairs Commission (CAC), it was not registered with the Securities and Exchange Commission (SEC) for investment purposes.
“It was also discovered during the investigation that the defendants had moved out of their last known address in Lagos and Ogun states.”
The anti-graft agency said obtaining a warrant of arrest was necessary in order to place the defendants on a watch list, enabling authorities to trace and apprehend the suspects to face the charges brought against them.
Nwite granted the request for a warrant of arrest and remand, adding that the order was necessary to enable the commission to apprehend the defendants and conclude its investigation.
“I have listened to the submission of the learned counsel for the applicant,” Nwite said.
“I have also gone through the affidavit evidence with exhibits thereto, along with the written address.
“I am of the view and I so hold that the application is meritorious.
“Consequently, the application is granted as prayed.”
Earlier in April, reports emerged that CBEX users could no longer withdraw their funds.
On Monday, angry investors stormed and looted the office of Smart Treasure (ST Team), an affiliate of CBEX, in Ibadan, Oyo State.
The EFCC recently confirmed receiving multiple complaints about the platform.
Dele Oyewale, the commission spokesperson, assured affected investors that efforts were underway to recover their funds.
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