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FG Recovers $750m Linked to Corruption- Lai Mohammed

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Economic and Financial Crimes Commission (EFCC) has recovered at least $750 million in local and foreign currency linked to corruption and fraud last year, according to Lai Mohammed, minister of Information and culture.

FG Recovers $750m Linked to Corruption- Lai Mohammed

Nigeria has struggled for decades with endemic corruption among the political elite, who many Nigerians blame for widespread poverty in the country.

But Mohammed said the EFCC last year recovered 152 billion naira ($366 million), $386 million and 1.1 million pounds sterling ($1.50 million) including digital currencies among other proceeds of white-collar crime.

The EFCC investigates and prosecutes corruption in Nigeria. Mohammed did not give details on where the money had been recovered from or from whom.

He added that 96 financiers of terrorism had been found in Nigeria with 424 associates and about 123 companies and 33 exchange bureaux following analysis by Nigerian Financial Intelligence Unit in 2020-2021.

“The analysis has resulted in the arrest of 45 suspects who will soon face prosecution and seizure of assets,” Mohammed told reporters in Abuja.

President Muhammadu Buhari, in his second term in office, was elected largely on his pledge to fight corruption and vowed to recover “mind-boggling” sums of money stolen from Nigeria.

Since then the country has endured two recessions caused by a sharp fall in global oil prices, making the need to recoup lost money more acute. Crude oil sales account for a majority of national income and foreign exchange.

 

 


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FG to Invest in Cutting-edge Broadcast Technology

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Mohammed Idris, the Minister of Information and National Orientation, has reaffirmed the government’s commitment to collaborating with key stakeholders in the global information and broadcasting sector to strengthen Nigeria’s information dissemination framework.

This pledge was made on Monday during discussions with prominent broadcast and information companies at the ongoing National Association of Broadcasters  Show 2025 in Las Vegas, United States.

Speaking at the event, Idris said the Bola Tinubu administration remained committed to adopting cutting-edge technologies and acquiring state-of-the-art equipment for Federal Government media organisations to ensure effective service delivery.

“Strategic communication is essential to ensuring that the policies of the Renewed Hope Agenda reach the Nigerian people effectively,” he stated.

The minister also highlighted the government’s plans to invest in upgrading facilities and replacing outdated infrastructure in radio, television, and other media institutions.

According to the minister, this will improve the dissemination of credible, balanced, and objective information to the public.

Idris further said that the government would explore collaborations and partnerships that would allow local broadcasters to benefit from emerging technologies and industry-specific training opportunities.

The minister had visited exhibitions showcasing hardware and software solutions during the event.

Items exhibited included broadcast antennas, transmitters, and studio equipment, which are pivotal for enhancing broadcasting capabilities.

Thomas King, Chairman of KINTRONIC Laboratories and Enrico Vaccari, Chief Operating Officer of Axel Technology SRL, had expressed their organisations’ readiness to partner with the Nigerian government.

Gianluca Baccalini, Chief Operating Officer of System Engineering Solutions and Khiran Keerodhur, Chief Operating Officer of Thomson Broadcast, among others, also expressed commitment to enhancing Nigeria’s broadcasting landscape and regulatory agencies.

Idris is leading a delegation of chief executives of agencies in his ministry to the NAB event.

Members of the delegation included the Managing Director of NAN, Ali Muhammad Ali, and the Director-General of the Nigeria Television Authority, Salihu Dembos.

Others are the Director-General of the National Broadcasting Commission, Charles Ebuebu; and Director-General of the Advertising Regulatory Council of Nigeria, Lekan Fadolapo.

Also in the delegation is the Director-General of Voice of Nigeria, Jibrin Ndace.The forum, NAN reports, is to strengthen broadcast collaborations and form strategic alliances. The NAB event, running from Saturday to Wednesday, has as theme: “The Technology, The Trend, The Future.”

NAN also reports that the forum is focusing on a range of topics, including Artificial Intelligence, cloud visualisation, creator economy, as well as sports production and streaming.


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How KongaFM 103.7 Helped Cure My Insomnia Challenge

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In a glowing testimonial that reveals the rising influence of Konga 103.7FM beyond Lagos, a business merchant from Kano, Mr. Ishaku Mohammed, shared how the station’s late-night programming helped him overcome insomnia and reconnect with hope.

Mr. Mohammed, who was in Lagos to attend a wedding, stumbled on KongaFM by chance, but the impact, he says, was life-changing.

“KongaFM solved my insomnia. It was like a miracle. I tuned in around 9 pm and left the radio on. The inspirational songs and messages gave me peace and helped me sleep properly again, for the first time in a long while,” said Mr. Mohammed.

Having returned to Kano, he now streams the station regularly on kongafm.com, calling it “a sound of hope in changing times.”

The testimonial has been widely shared on social media, drawing attention to the station’s unique blend of entertainment and emotionally resonant content. With increasing listenership on-air and via digital streams across Nigeria and, by extension, the world, Konga 103.7FM is quickly becoming a household name in the country’s evolving media space.

Speaking on the impact, Ifeoma Ajumobi, Head of Konga TV & Radio, noted: “Mr. Mohammed is exactly why we do what we do. At KongaFM, we’re not just filling the airwaves with music or talk, but filling a gap in people’s lives 24hrs daily. Whether it’s easing stress, igniting hope, as a domain of knowledge, or simply keeping people company through the night, our goal is to be the voice that truly resonates.

“We are building a station that listens, heals, inspires, and leads. And as we continue expanding our reach, our mission remains clear: to be Nigeria’s most human radio experience. One voice, one story, one soul at a time.”

KongaFM continues to deliver engaging programming in entertainment, inspiration, commerce, and culture. With a growing footprint in northern and southern Nigeria and a commitment to reflecting the voices of real people, the AI tech-driven station is positioning itself as a trailblazer in 21st-century African radio broadcasting.


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AOT Issues Bench Warrant against Sanusi, Aero Contractors MD

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Captain Ado Sanusi, managing director, Aero Contractors Company of Nigeria Limited,
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Advertising Offences Tribunal (AOT) has issued a bench warrant for the arrest of Captain Ado Sanusi, managing director, Aero Contractors Company of Nigeria Limited, for failing to appear before the tribunal in an ongoing case concerning alleged violations of Nigerian advertising laws.

Captain Ado Sanusi, managing director, Aero Contractors Company of Nigeria Limited,

The Advertising Regulatory Council of Nigeria (ARCON) filed a 22-count charge against Captain Sanusi and Aero Contractors, accusing them of exposing advertisements targeted at the Nigerian market without obtaining the necessary approval from the Advertising Standards Panel (ASP). This, according to ARCON, contravenes established Nigerian advertising regulations.

The case was initially scheduled for hearing on February 26, 2025. However, during the proceedings, Captain Sanusi was absent, prompting his legal representatives to assure the tribunal of his presence at the next hearing while also pleading for leniency. Despite these assurances, the defendant failed to appear on the adjourned date.

Given Captain Sanusi’s continued absence, the Advertising Offences Tribunal, in line with its mandate to enforce compliance with advertising regulations, issued a bench warrant for his arrest.

The tribunal has ordered that he be presented at its next sitting, scheduled for May 8, 2025.

 


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