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EFCC Balances Action with Fairness as it Sanitizes Nigeria’s Corporate Sector-By Adedayo Samson

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While fighting corruption at all levels is a laudable effort, balancing action with fairness in the prosecution of justice remains pertinent in the operations of a law enforcement agency. Faced with such moral dilemma, the Economic and Financial Crimes Commission (EFCC) has ramped up its efforts to sanitize Nigeria’s corporate sector.The Commission’s attempt to rid the country’s private sector of criminals and criminality through checks and balances has led to the investigation of some businesses across several industries and the imposition of fines on some. While top shots found culpable of economic malpractices are undergoing prosecution, companies and their executives hitherto scrutinized are being acquitted. In particular, the EFCC has scaled up its scrutiny of the telecoms and lottery industries.One of the notable cases is EFCC’s investigation of telecoms giant, MTN in 2019 over alleged irregularities in the process of its listing on the bourse of the Nigerian Stock Exchange (NSE). In May 2019, the firm had listed by introduction, 20.4 billion ordinary shares at N90 on the NSE. In less than a week, the share price had risen to N131 as scarcity drives up its value. Many believed the company did not follow due process and had given insider information to some of its major shareholders, a move that led to artificial scarcity of the company’s shares following the announcement of the IPO. However, while acknowledging that it was under investigation by the EFCC, MTN reiterated that it had not been accused of any wrongdoing by the anti-graft agency. After further explanations from the Securities Exchange Commission (SEC), MTN was let off the hook.Similarly, in January 2020, Premier lotto, Nigeria’s foremost and perhaps, oldest lottery firm became the subject of a routine EFCC inquest to investigate alleged tax evasion based on unsubstantiated accusations from a competitor. An Executive Director of the company and son of the founder, Segun Adebutu, who was incidentally at the Premier Lotto office on the day, was invited to the anti-graft agent’s office for questioning without detainment. After due investigations, and further clarifications from the company, the EFCC found no malpractices in the affairs of Premier Lotto and Segun Adebutu.  The matter was thereafter summarily dismissed, and the petition was closed. In its bid to sanitize the lottery industry, the EFCC went into a partnership with the National Lottery Regulatory Commission (NLRC) in July 2019. The deal involves agreement for support in the areas of information sharing, intelligence gathering, enforcement and prosecution. With the new agreement, it became easier for the anti-graft agency to detect cases of foul play in the hitherto opaque Nigerian lottery industry, which is reportedly worth about $70 billion. The partnership with the NLRC is already yielding some results as the EFCC recently announced the discovery of 35 illegal lottery business operators in the country.EFCC’s scrutiny of the telecoms sector revealed a boost early in the years, when the House of Representatives Committee on ICT revealed that commission will join the committee to investigate telecom providers, over alleged non-remittance of the one per cent annual turnover to the National Information Technology Development Agency (NITDA). According to the Reps committee, the telecom companies are owing up to N200 billion in pending remittance to NITDA for infrastructure provided. While some people see the EFCC’s intervention in the affairs of the business world as being overbearing, others see it as a means of reining in some of the excesses of the businesses and protecting the consumers who are serviced by these businesses. Nevertheless, these moves have yielded some benefits. They have checked the excesses of the telecoms operators and brought in more revenue for government in form of fines. Lastly, thanks to the cooperation of some key lottery operators, the EFCC has made the industry more transparent and accountable. 

-Samson writes from Lagos.

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”Adaobi Alagwu is parading fake DNA Certificate” ….Tunde Ayeni

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 The controversy surrounding the paternity of the daughter of Abuja based lady Adaobi Alagwu has once again popped up in the media with her release of a DNA certificate which businessman, Dr Tunde Ayeni emphatically describes as not only compromised but fake.

In a press release, which he personally signed, Dr Ayeni noted: “This lady is being clever by half. She is haunted by her reckless past and is truly desperate. It is this desperation that is pushing her on this journey to infamy and ultimate disgrace.”
“It has become necessary to once again address the persistent and shameful campaign of blackmail, deceit, and defamation orchestrated by Ms. Adaobi Alagwu. When I say the certificate is fake, it is a position informed by indisputable facts. First, the result was meant to be out in five days. Later, a letter, purportedly from the centre, came pushing the date the result will be ready by two extra days. When we cross checked from the centre, they denied knowledge of the said letter and Indian name that signed it. At that point, it became crystal clear to us that the process has been compromised and that the outcome cannot be genuine. We have since discovered other nefarious steps taken to come about the so-called DNA certificate.”

He said further: “Despite multiple public statements, legal affirmations, and sworn affidavits unequivocally denying any ties or paternity claims, Ms. Alagwu continues her relentless campaign of falsehoods. Multiple investigations revealed that Ms. Alagwu and her associates hacked into the email accounts of the accredited laboratory responsible for the actual DNA analysis. Their goal was to insert a falsified document to support her baseless claims. People are privy to these facts and in due course it’ll be presented to the appropriate authorities especially now that we are in court”.

The release noted:  “For instance, it was not a mere coincidence that it was at the critical point in time when we were expecting the results that Google found out that the email we used had been compromised. At that point, we lost confidence in the process and the centre. It was then we requested for another DNA at another center, which the lady rebuffed” he added.

“Let it be stated clearly that:
*       Dr. Tunde Ayeni has no marital connection to Ms. Adaobi Alagwu: This fact has been affirmed repeatedly in official legal documents, including a sworn affidavit.

* The child in question is not Dr Ayeni’s. Ms. Alagwu’s fabricated DNA result contradicts the legitimate, verified results that conclusively establish the absence of any biological relationship. At the appropriate time and place, this evidence will become public knowledge.
* This desperation will lead Adaobi nowhere. If she is confused about the true father of her daughter, she should invite her numerous dates for DNA tests.

* The ongoing blackmail and cyber-attacks boarders on criminal intents and legal actions are ongoing to seek full redress.


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Nifemi Temiloluwa Eitaio-Alao’s Innovations, Politics, and Community Service

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In a competitive market like Lagos, setting a furniture brand apart requires a unique approach. For Nifemi Temiloluwa Eitaio-Alao, this means prioritizing sustainable materials, innovative designs, and exceptional customer service. By engaging with local culture and incorporating traditional craftsmanship, he aims to create furniture that not only stands out but also resonates with the Nigerian identity.

Keeping up with industry trends is crucial in the furniture business, and Nifemi is closely monitoring key shifts such as the growing demand for sustainable materials, multifunctional furniture suited for urban living, and locally crafted designs that reflect cultural heritage. To adapt, he is focusing on sourcing eco-friendly materials, designing versatile pieces, and collaborating with local artisans to create unique offerings that blend modern aesthetics with traditional craftsmanship.

As a seasoned entrepreneur, Nifemi envisions a diverse product portfolio that caters to both residential and commercial spaces. His goal is to attract customers who value quality, sustainability, and distinctive design—young professionals, families, and businesses seeking furniture that combines elegance with functionality.

The rise of emerging technologies, including 3D printing, augmented reality (AR), and smart furniture, is reshaping the furniture industry. Recognizing the potential of these innovations, Nifemi is exploring partnerships with tech firms, investing in team training, and staying ahead of industry advancements to integrate these technologies effectively into his business.

Customer satisfaction is at the heart of his brand’s philosophy. He prioritizes clear communication, personalized service, timely delivery, and strong post-purchase support. By actively listening to customer feedback and responding to their needs, he fosters trust and loyalty among his clientele. To gather valuable insights, he leverages surveys, direct interactions, and social media engagement, ensuring that his products continue to evolve based on customer preferences and market demands.

Finding the right balance between aesthetics, functionality, and durability is key to creating high-quality furniture. Nifemi achieves this by selecting premium materials and employing innovative design techniques that ensure both beauty and longevity. Additionally, he manages customer expectations regarding delivery times and custom orders through transparent communication, setting realistic timelines, and keeping clients informed throughout the process.

Beyond his business pursuits, Nifemi remains deeply invested in his political aspirations. Having publicly expressed his ambition two years ago, he sees public service as a natural extension of his entrepreneurial success. With strong roots in Kwara State, he feels a growing responsibility to give back to his community. As the 2027 elections approach, he and his team are diligently laying the groundwork for his political journey. While he has yet to officially announce the office he intends to run for, he remains optimistic and eager to share more details in the near future.

As his birthday marks another milestone today February 14, 2025—a day that coincides with Valentine’s Day—Nifemi looks forward to celebrating with gratitude and giving back to those in need. He cherishes this annual tradition as an opportunity to reflect, offer prayers, and share his blessings. Surrounded by supportive friends, he anticipates a joyful celebration filled with love and appreciation.

Looking ahead to 2025, Nifemi is determined to push the boundaries of excellence in his entrepreneurial ventures, with a strong emphasis on sustainability, innovation, and community impact. He remains committed to transparency, ethical leadership, and advocating for policies that support small businesses and economic growth. For him, success is not just about personal achievement but about creating opportunities for others to thrive. With big plans on the horizon, he is ready to embrace the challenges and opportunities that the future holds.

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Aare Adetola Emmanuelking Graces OGD’s Annual Family Thanksgiving Service 

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Aare Adetola Emmanuelking, the Otun Asiwaju Onigbagbo of Remoland, attended the 20th Annual Family Thanksgiving Service of His Excellency, Senator Otunba Engr. Gbenga Daniel (FNSE, FAEng, FNIMechE), on Sunday, January 19, 2025. The event was held at Abraham’s Tabernacle, GRA, Sagamu.

As a distinguished guest, Aare Adetola delivered a goodwill message that resonated deeply with the congregation, celebrating His Excellency’s  commitment to faith and gratitude. In his address, Aare Adetola praised his dedication to honoring God over the past two decades. He remarked, “This annual family thanksgiving service, now marking its remarkable 20th edition, is proof of God’s grace and the enduring legacy of a man devoted to the service of humanity, his faith, and our beloved Remoland.”

He lauded His Excellency’s tradition of bringing together family, friends, and well-wishers in gratitude and encouraged attendees to embrace a life of thanksgiving.

Aare Adetola’s presence at the event underscored his reputation as a devout Christian and a respected community leader. Renowned for his philanthropic contributions and support for the development of Remoland, he used the occasion to inspire hope and a sense of purpose for the year 2025. He also offered prayers for continued blessings, health, and prosperity for Senator Otunba Gbenga Daniel and his family.

The thanksgiving Service was a remarkable gathering of faith and fellowship, graced by dignitaries, clergy, and other notable personalities. The event concluded with heartfelt prayers and soul-stirring songs of gratitude, leaving attendees uplifted and inspired to approach the new year with renewed faith and purpose.

Aare Adetola’s active participation reinforced his commitment to promoting faith-based initiatives and fostering unity within the community.


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