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Today’s Headlines: $500m lost to internet fraud in 2022 -EFCC chair, Tinubu unveils economic council

opera.com 2024/10/6

$500m lost to internet fraud in 2022 -EFCC chair

Photo Credit:Punch Newspapers

The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has decried the negative impact of internet crimes popularly known as “yahoo yahoo’’ on the country.

Olukoyede disclosed that several international companies had to shut down their Nigerian operations following massive theft of their finances through local wire fraud.

He noted that in 2022, over $500m was lost as a result of the activities of Internet fraudsters.

A statement by the commission’s Head of Media and Publicity, Dele Oyewale, said the EFCC chairman spoke at the Global Peace Movement International awards on Thursday, where he was named the Man of the Year.

He said, “In 2022, we lost over $500 million in our economy to yahoo boys. The statistics are there. In the same year, about 71 international companies left Nigeria because they hacked their accounts.

Tinubu unveils economic council

Photo Credit: Punch Newspapers

President Bola Tinubu on Thursday inaugurated a 31-member Presidential Economic Coordination Council comprising himself, the Vice President, the Senate President, and the Chairman of the Nigerian Governors Forum, among others.

Thursday’s inauguration comes three months after the President established the committee on March 27, 2024.

Tinubu also presented the outcomes of his review of the accelerated stabilisation and advancement plan, which seeks to inject N2tn into the economy in the next six months.

Steer Clear From Kyari Or Face Our Wrath, EYLCN Warns NENYLCW

Photo credit: Leadership news

The leadership of Ethnic Youth Leaders Council of Nigeria (EYLCN) has warned a group called Nigeria Ethnic Nationality Youth Leaders Council Worldwide (NENYLCW) to stay away from the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, or face its wrath.

The Ethnic Youth Leaders Council is an amalgam of Arewa Consultative Youth Movement, Ohanaeze Youth Consultative Movement, Oduduwa Youth Movement, Middle Belt Youth Forum and South-South Consultative Youth Movement.

The EYLCN gave the warning while reacting to the NENYLCW’s press statement signed by one Mazi Okwu Nnabuike, who claimed to be the Publicity Secretary of the group, calling for the resignation of Kyari as NNPCL boss.

But, the Ethnic Youth Leaders Council, in a statement by Mallam Kabiru Yusuf, while countering the position of NENYLCW, passed a vote of confidence on the leadership style of the NNPCL GCEO, Mele Kyari, which it said has helped President Bola Tinubu’s Renewed Hope Agenda scored huge wins in the nation’s petroleum sector.

Inclusive Education: TALI Donates Learning Aids To PWDs In FCT School

Photo credit: Leadership news

As part of efforts to promote inclusive education across Nigeria, a non-governmental organisation, The Ability Life Initiative (TALI), has donated innovative learning aids and other educational materials to persons with disabilities (PWDs) at the Government Secondary School (GSS) in Kuje Area Council of the Federal Capital Territory (FCT).

The founders of the NGO, Barr. Prada Uzodimma and Mrs. Oprah Uzodimma-Ohaeri, alongside other stakeholders, handed the items to the school authorities during a recent educational outreach to the GSS Kuje.

The donated items included electronic tablets equipped with Adaptive Augmentative Communication (AAC) software to assist children with cerebral palsy in communicating with their teachers, peers, friends, and family.

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