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Nigeria’s Reputation Sullied by “Yahoo-Yahoo” – EFCC Boss
The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has said that internet fraudsters, popularly known as yahoo-yahoo boys, are bringing national shame to the country.
Olukoyede made this known during a media briefing on Monday at the agency’s headquarters in Abuja.
According to him, Yahoo-Yahoo boys have given every Nigerian the opportunity to be seen as a clean person before immigration officers around the world.
“I want Nigerians to know that we are having a crisis on our hands. If you travel abroad with your green passport and stand in the queue among so many people, you will discover that by the time you present the passport, the people (immigration officers) will look at you with some reservation. That is, if they don’t take you aside to carry out some special scrutiny. That is a national shame that some young Nigerians (yahoo-yahoo boys) have caused for us.
“I go out to interact with my counterpart and other government agencies abroad in the course of tracing money and recovering assets. And there are things that it would be difficult for you to defend. We recently arrested groups of young men, and people no longer believe in hard work. I’m from a state where education is our pride. If you go to the secondary school that I attended, by 12 noon, the students have left school,” he said.
Expounding further on the atrocities of the fraudsters, the EFCC chairman stressed that they are involved in banditry and kidnapping when their unsuspecting victims do not cooperate.
He also noted that they were involved in laundering money for politically-exposed persons in government or out of government.
“The most dangerous aspect of it is not just about yahoo-yahoo, some of these guys are into banditry, kidnapping. When they don’t see people to scam on time, they resort to these vices. Some of them launder money for politically exposed persons. Don’t just see them as yahoo-yahoo boys anymore; the traditional way of stealing money is not applicable anymore.
“When they (politically-exposed persons) steal money in billions, they give it to these boys, they open crypto wallets, and from there, the money goes abroad. Most of these politically exposed persons identify these boys, lodge them in the hotel, the boys open accounts for them and take the money abroad to buy cars, houses and other luxury items.
“Nigerians should look at them beyond just yahoo-yahoo. We arrested a 22-year-old; he had a turnover of over N5 billion within 18 months. We discovered that he laundered money for politically exposed people. A boy who has never worked in his life. They used them to steal government money now. They do ritual killings. They are also involved in cybercrime. You see them in hotels and in groups trying to scam people. You see secondary school students driving vehicles. Are those the people we want to hand Nigeria over to? Is that the nation we want to build?”
Recall that in May, Olukoyede said that upon his assumption in office, his agency had recovered over N365.4bn and secured 4,111 convictions in 2024.
He disclosed this in Uyo, Akwa Ibom State, at the end of a three-day Retreat for Directors with the theme “EFCC: The Journey So Far, Ensuring Professionalism and Integrity.”
Olukoyede, in a statement by the commission’s spokesperson, Dele Oyewale, attributed the feat achieved to the commitment, sacrifices and dedication of staff, promising to surpass the record in 2025.
“In 2024, the commission secured 4,111 convictions and hauled monetary recovery of over N365.4billion. The EFCC’s boss appreciated the sacrifice, hard work, and discipline, and called for increased dedication to surpass the records of 2024 and greater commitment to the integrity of processes in the agency,” the statement read.
The chairman emphasised the need to uphold professionalism and integrity in the fight against corruption, adding that the EFCC’s workforce would turn out to be a critical mass of honest, highly motivated and effective team.
Punchng.com
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Tinubu Announces New Ambassadorial Appointment
President Bola Ahmed Tinubu has forwarded the name of Professor Abayomi Sunday Fashina to the Senate for confirmation as a non-career ambassador/high commissioner-designate.
The nomination was formally announced during plenary on Wednesday after a letter from the President was read by Senate President Godswill Akpabio.
Tinubu, in the letter, said the nomination was made in line with constitutional provisions guiding such appointments and urged the upper legislative chamber to consider the request without delay.
“In accordance with the provisions of section 121, subsections 2, 3, and 4 of the Constitution of the Federal Republic of Nigeria, 1999, as amended, I am pleased to present for confirmation by the Senate the nomination of Professor Abayomi Sunday-Fashina as non-career ambassador/high commissioner-designate,” the letter reads.
“Attached herewith is the nominee’s curriculum vitae.”
“Whilst I hope that the Senate will consider and confirm the nominee expeditiously, please accept distinguished Senate President and distinguished senators, the assurances of my highest consideration.”
Following the reading of the letter, Akpabio referred the nomination to the Senate Committee on Foreign Affairs for screening and further legislative consideration.
The committee has been directed to carry out the necessary review and submit its report to the Senate within one week.
The nomination marks another move by the Tinubu administration in strengthening Nigeria’s diplomatic representation across strategic countries and international missions.
Non-career ambassadors are typically appointed from outside the regular foreign service and often bring experience from academia, governance, business, or other sectors.
Professor Fashina’s nomination is expected to undergo the usual screening process, where lawmakers will assess his qualifications, experience, and suitability for the role before a final confirmation vote.
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FULL LIST: Names of Four Newly Elected Senators Officially Sworn In Today
President of the Senate, Godswill Akpabio, on Wednesday swore in four newly elected senators following their victories in the recent by-elections conducted by the Independent National Electoral Commission.
The lawmakers are Olaka Nwogu of the Peoples Democratic Party, representing Rivers South-East Senatorial District; Envulu Anza of the All Progressives Congress, representing Nasarawa North; Ikeje Asogwu of the APC, representing Enugu North; and Dayo Faduyile of the APC, representing Ondo South.
Their inauguration followed the by-elections held last Saturday to fill vacancies in the four senatorial districts.
The Rivers South-East seat became vacant following the death of former senator Barinada Mpigi, while Anza emerged as senator for Nasarawa North after the death of Godiya Akwashiki. Asogwu succeeded the late Okechukwu Ezea, while Faduyile filled the vacancy created by the appointment of former senator Jimoh Ibrahim as Nigeria’s Permanent Representative to the United Nations.
PUNCH Online reports that INEC presented certificates of return to the new senators on Tuesday.
The Clerk of the Senate, Emmanuel Odo, administered the Oath of Allegiance and Oath of Office to the four lawmakers during plenary.
Welcoming the senators to the Red Chamber, Akpabio congratulated them on their election and urged them to prioritise national interest in the discharge of their legislative duties.
He described the Senate as “a family of the most elite club in the world” and reminded the lawmakers that they now represent the Federal Republic of Nigeria, rather than their respective political parties.
The Senate President also advised them to familiarise themselves with the provisions of the 1999 Constitution and the Senate Standing Orders, as amended in 2023, to enable them effectively carry out their responsibilities.
Among dignitaries present at the swearing-in ceremony were Ondo State Governor, Lucky Aiyedatiwa, and the state Attorney-General and Commissioner for Justice, Kayode Ajulo, among others.
News
Court Fixes June 30 For Ruling On Sowore’s Bail Application
The Federal High Court in Abuja on Wednesday fixed June 30, 2026, for ruling on an application by activist and publisher, Omoyele Sowore, seeking the restoration of his bail and the setting aside of a bench warrant issued against him.
Justice Mohammed Umar adjourned the matter after parties adopted their processes in the application.
The court had, on June 16, revoked Sowore’s bail and issued a bench warrant for his arrest after he failed to appear in court for his trial on allegations bordering on cybercrime and criminal defamation.
The Department of State Services is prosecuting Sowore over alleged criminal defamation arising from claims that he referred to President Bola Tinubu as a “criminal” in posts made on his official X and Facebook accounts.
Sowore has pleaded not guilty to the charge.
PUNCH Online reports that the court had, on Monday, ordered the remand of the African Action Congress presidential candidate at the Kuje Correctional Centre pending the determination of his application seeking a stay of execution of the earlier order revoking his bail.
At the resumed hearing on Wednesday, Sowore’s counsel, R.O. Adakole, alongside C.S. Etonyeaku, holding the brief of Adeyinka Olumide-Fusika (SAN), informed the court that the defendant had filed a motion on notice dated June 17 and filed on June 19, 2026.
The application, brought pursuant to Sections 35(4), 36(1), and 6(6)(a) and (b) of the 1999 Constitution of the Federal Republic of Nigeria (as amended), Sections 169 and 352 of the Administration of Criminal Justice Act, 2015, and the inherent jurisdiction of the court, sought 12 reliefs.
Among the reliefs sought were an order setting aside the court’s June 16 order revoking the defendant’s bail, an order vacating the bench warrant issued against him, and an order restoring the status quo and the earlier bail conditions.
The defence said it relied on a 34-paragraph affidavit deposed to by one Emmanuel Larry and a written address filed in support of the application.
Counsel further informed the court that a 36-paragraph affidavit, deposed to by one Sodiq Temitope, was filed on June 24, alongside a reply on points of law dated June 23.
Adopting the processes, the defence urged the court to “grant the application as prayed in the interest of justice. We also urge the court to discountenance the affidavit of the complainant.”
“We shall be relying on the aforementioned processes, urging your Lordship to refuse the application, as the applicant has not placed truthful facts before this honourable court that are capable of swaying the mind of the court to exercise its discretion in favour of the applicant,” Kehinde said.
After hearing the parties, Justice Umar adjourned the matter until June 30, 2026, for ruling.
Following the adjournment, the defence orally applied for Sowore to be released to his legal team pending the ruling, undertaking to produce him in court on June 30.
The prosecution opposed the request, describing it as “a little bit absurd” and arguing that such an application ought to be made formally to enable the prosecution to respond.
In reply, the defence argued that releasing the defendant would not interfere with the court’s ruling and that the application was within the court’s discretion.
Counsel also informed the court that he had received information that Sowore was in poor health and urged the court to grant the request.
The prosecution, however, reminded the court of “the optics of the matter” but left the decision to the court’s discretion.
Justice Umar pointed out that granting the request would defeat the purpose of adjourning the case to prepare his ruling, noting that he was yet to review the processes filed by both parties.
He subsequently denied the application and ordered that the defendant be returned to custody pending the ruling on June 30.
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