Connect with us

News

Emefiele: Why We Released $6.2m For Payment Of Election Observers – CBN Director

Senior official of the Central Bank of Nigeria (CBN), Michael Onyeka Ogbu has explained why the apex bank released $6,230,000 for the payment of some international election observers before the last general elections.

Lifestyle Nigeria reports that Ogbu, currently a deputy director and head of the service delivery division of the CBN, said the funds were released because the request documents contained evidence of approvals by the then President Muhammadu Buhari and the immediate past Governor of the CBN, Godwin Emefiele.

He spoke while testifying on Monday, February 12, as a prosecution witness in the trial of Emefiele.

Emefiele is being prosecuted on a 20-count amended charge, filed by the office of the Attorney General of the Federation (AGF), in which he is among others, accused of engaging in criminal breach of trust, forgery, conspiracy to obtain by false pretence and obtaining money by false pretence.

He is, in the amended charge, accused of forging a document titled: Re: Presidential Directive on Foreign Election Observer Missions dated 26 January, 2023 with Ref No. SGF.43/L.01/201 and purported same to have emanated from the office of the Secretary to the Government of the Federation to the Governor of the CBN.

Emefiele was alleged to have, on February 8, 2023, knowingly obtained, by false pretence, $6,230,000.00 by falsely representing that the Secretary to the Government of the Federation vide a letter dated 26 January 2023 with Ref No. SGF 43/L.01/201 requested the CBN to provide a contingent logistic advance in the sum of $6,230,000 “in line with Mr. President’s directive.”

Ogbu, who was led in evidence on Monday by Rotimi Oyedepo (SAN), said he served as the Branch Controller until he was redeployed in September 2023.

He stated that on February 8, 2023, there was a payment request, addressed to the Branch Controller.

“On that day the request for the payment of $6,230,000 was received in my office by my Office Assistant, who brought it to my attention. When I received the document, I found that it was from the Banking Services Department.

“The Director, Banking Services signed the memo, and the content of the memo contained an instruction for the Branch Controller to pay the sum of $6,230,000 to a staff of the Secretary to the government of the federation, with the identity and the name of the person mentioned.

“The memo said the payment was for international election observers and that we should debit an account – Naira Forex Account – with the naira equivalent of $6,230,000.

“The memo also said that the money will be refunded in the second quarter of 2023 by the Federal Ministry of Finance.

“It went on to say ‘find attached the approval of the governor of the CBN for the payment.’

“The attachment had the approval of the governor of the CBN. It also had the approval of the President of the Federal Republic of Nigeria and the request letter from the Secretary to the Government of the Federation.”

Ogbu said after going through the documents and being satisfied, he minuted on it to the Head of the Business Services Unit for processing and payment.

On whether the money was eventually released, the witness said: “Payment was eventually made. The $6,230,000 was paid on the 8th of September 2023. The payment was in cash.”

At that point, Oyedepo handed the witness a bundle of documents, which Ogbu identified as the documents he referred to.

Identifying each of the documents one at a time, the witness said the first page “is the payment slip which was issued at the point of payment from my bank to the person nominated to receive the payment.

“The second page is the memo from the Banking Services Department, authorising the Branch to make the payment of $6,230,000.

“The third page is the request of the Director, Banking Services Department for approval of the Governor for the payment”

The witness said the fourth page contained a copy of the identification of the authorized cashier and an identity card from the office of the Secretary to the Government of the Federation.

The fifth page, the witness said was a draft of the memo for approval, which was sent to the Governor, from the Banking Services Department, containing the governor’s okay (approval) and signature.

The sixth page, Ogbu said, was the request letter from the Secretary to the Government of the Federation, addressed to the Governor of the CBN conveying presidential approval for the payment of the $6,230,000.

Ogbu told the court that the presidential approval was addressed to the then Secretary to the Government of the Federation, Boss Mustapha.

Oyedepo was in the process of tendering the documents when he noticed that some of them were not properly certified.

He prayed the court to be allowed to tender them as they were, with a promise to replace them later with properly certified copies, a request the defence lawyer, Matthew Burkaa (SAN) rejected.

Oyedepo then urged the court to grant him a brief stand down of about 30 minutes to get the documents certified, which Burkaa also rejected.

Burkaa argued that the prosecution couldn’t have the documents certified within the 30 minutes suggested by Oyedepo.

He urged the court to, instead, grant an adjournment to allow the prosecution sufficient time to put its house in order, an option the judge, Justice Hamza Muazu felt comfortable with.

With the agreement of lawyers to parties in the case, Justice Muazu adjourned till February 13 for the continuation of the trial.

News

FAKE NEWS ALERT: Herbert Wigwe’s Father Did Not Slump

Sources have confirmed that Herbert Wigwe’s father, Pastor Shyngle Wigwe, did not slump during the funeral of his late son.

Some sections of the media, not Lifestyle Nigeria had published that the father of the late Chief Executive Officer of Access Bank, Herbert Wigwe, collapsed during his son’s funeral service at Isiokpo in Ikwerre Local Government Area of Rivers state.

The sections of the media reported that Pastor Shyngle Wigwe, who is in his 80s, was slumped following the shock of his billionaire son, Wigwe; daughter-in-law, Chizoba, and grandson, Chizzy. They died in a helicopter crash in the US on Saturday, March 9.

However, a credible police source who spoke to VANGUARD dismissed the wild news outrightly, saying that Wigwe’s father was “Hale and hearty”.

The source added, “Even the Senate President (Godswill Akpabio) met and prayed for him.

“The story of Pa Wigwe’s collapse is totally false. We should allow the family to mourn its dead and not add to the pain by writing false stories.”

The remains of the deceased have been interred at a private cemetery within the Wigwe University premises in Isiokpo.

Continue Reading

News

Group Launches Fact-Checking Platform To Counter Fake News 

Lifestyle Nigeria gathered that a group concerned with socioeconomic development in Africa has launched an Artificial Intelligence (AI)-powered fact-checking platform to counter the spread of misinformation and disinformation on the continent.

Speaking at the unveiling of the AI-powered platform, named, ‘MyAIFactChecker’ on Monday in Ilorin, the Global Director of a Nigeria-based non-profit organization, Brain Builders Youth Development Initiative (BBYDI), Abideen Olasupo, said that FactCheck Africa, an initiative of the BBYDI, was launched in 2022 as an independent, non-partisan and non-profit fact-checking platform for Africans.

“MyAIFactChecker was a product of months of dedicated effort and research, with support from BECERA and the US State Department, noting that the initiative would revolutionise how Africans verify news and other online information.

“MyAIFactChecker is a demonstration of our organization’s unwavering commitment to combating the scourge of misinformation, disinformation, and fake news, thereby safeguarding the integrity of information. This platform leverages cutting-edge AI technology, is user-friendly, and allows you to verify the authenticity of news, social media posts, and other online content quickly and conveniently.”

Olasupo also said that the innovative platform would provide users with a range of functionalities, including a chatbot interface, feedback mechanism, and voice search capability that is available in English, Swahili, French, Arabic, and several popular local languages in Nigeria.

According to him, the launch of MyAIFactChecker comes at a critical time, as the proliferation of disinformation and harmful content continues to pose significant threats to the integrity of elections, democracy, public health, and stability in African nations.

The BBDYI global director, who said the impact of fake news and disinformation on elections could not be waved, expressed optimism that his organisation’s newly introduced AI fact-checking would help combat the spread of disinformation in African nations preparing to hold elections this year.

“It is worthy to note that 2024 is a year of elections in Africa as about 24 countries on the continent will hold elections this year.

During electioneering periods, there is always a proliferation of fake news, and its attendant consequences could negatively impact the electoral process.

With the launch of MyAIFactChecker, we are poised to curb the spread of misinformation and disinformation before, during, and after elections in these affected countries.

“We believe that access to accurate information is a fundamental right, and we are dedicated to empowering individuals with the tools to discern truth from falsehood in this digital age. We will continue to promote media literacy and critical thinking across Africa,” he said.

Olasupo, who said that he attended the 2024 United Nations ECOSOC Youth Forum held in New York last week, added that he spoke on ‘The ethical use of AI and its implications for education in Africa’, saying that his organisation would continue to push for policies around the ethical use of AI in Nigeria and Africa as a whole to maximise its benefits and mitigate its risks.

He lauded Nigeria’s Minister of Communications, Innovation and Digital Economy, Bosun Tijani, for spearheading the initiative to deliver a comprehensive Artificial Intelligence Strategy for the country, stressing that such endeavour was crucial in positioning Nigeria to effectively leverage AI for national development.

“In recognition of the immense potential of AI in addressing societal challenges, BBYDI will continue to advocate for policies and ethical frameworks to guide the deployment of AI technologies across Africa. It is imperative that we harness the power of AI for the collective good of our society,” he noted.

Earlier in his address, the Head of Programmes at FactCheck Africa, Habeeb Adisa, said the introduction of the innovative AI solution “represents a significant advancement in our stride to fight the dissemination of fake news that continues to undermine societal trust and cause discord among people.

“Our platform is designed to cater for a diverse linguistic landscape across the continent. Users can simply enter a new query, and our platform will provide them with an assessment of the article’s authenticity. It will also let them know if it’s credible, partially credible, or unreliable.”

He also disclosed that FactCheck Africa had launched a 3-month AI Journalism Fellowship for journalists in West Africa. According to him, the fellowship is a comprehensive training programme that will equip selected journalists with the knowledge, skills, and ethical considerations needed to navigate AI in journalism.

Also speaking, the Executive Director of BBYDI, Nura Jimoh, stated that the unveiling of MyAIFactChecker reinforced the commitment of their organisation to leverage tech solutions and digital tools to address societal challenges.

She recalled that BBYDI last year, in collaboration with Christian Aid, organised the first CivicTech Hackathon in Nigeria to address voter apathy and encourage increased citizens’ participation in the electoral process.

“We also launched evit.ng to track and report violence pre and post-election. We also unveiled conflictreport.org to curb the farmer-herders crisis in the northern part of the country.

“Additionally, we introduced KnowCovid19NG with support from the US Embassy to flatten the curve and provide psychosocial support during the COVID-19 pandemic. Two years before the 2023 general elections, we launched Yvotenaija.org to promote civic education across grassroots communities and on various social media platforms,” Jimoh remarked.

Continue Reading

News

How 17-Year-Old Hacker Stuns EFCC Chairman With Impressive IT Skills 

 

Lifestyle Nigeria gathered that the Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, narrated an incident where a 17-year-old successfully hacked into his personal computer and bank account while being interrogated at his office in Lagos.

The anti-graft agency chairman made this known in a chat with editors at the EFCC Headquarters, Jabi, Abuja, last Tuesday.

Olukoyede recounted inviting the 17-year-old for questioning at his own office, only to witness the young hacker effortlessly bypass the security measures of his locked computer right before his eyes.

He said, “I brought into my Lagos office a seventeen-year-old boy who is studying History and Anthropology. He is in the 200 level. He is not doing anything science-related. The guy sat in my office in Lagos and demonstrated some things to me on my laptop.

“He asked for my number, I gave him my number and through my number, he got my BVN. He then mentioned the name of my account number to me at the bank. I didn’t tell him anything.”

According to him, the country must take all necessary measures to discourage these young individuals, as their actions could lead to imprisonment or even fatal consequences.

“The problem is, I see crime in that, and I also see opportunities in it. So, if you leave these guys, we don’t make them know that what they are doing is wrong, if you leave them, they will continue to see it as a way of life to make money.”

He mentioned that due to their young ages, the EFCC would administer light sentences to punish youths for the cybercrimes they committed, while also focusing on helping them change their orientation.

“We plead for light sentences so that we can reorientate them and that’s part of what we’re doing. What joy will I derive from sending a 17-year-old boy to jail? You have destroyed his future. You have destroyed his career.

“Sometimes they give them options of fines and all of that conviction, so we bring them in, lecture them and talk to them.”

In a bold demonstration of his skills, the boy confidently informed Olukoyede that he could transfer up to 10 million naira from any account in a single transaction.

He said the 17-year-old boy, when he was done, said, “Look, oga, I can make 10 million now. I will demonstrate it to you. I will move money from your account to mine.

“I said no, don’t do that in my office and he was ready to do that. When he opened my laptop, I didn’t give him the key to my laptop and he had access.

When questioned about his involvement in cybercrime, the boy explained that his parents, who are both farmers, were unable to work on their farm due to security concerns.

“He has two younger ones. One is in JSS2 and the other is in SSS2. He is the one feeding his parents and responsible for the payment of tuition for his younger ones.

“I saw a Bill Gates in that guy.”

Olukoyede, however, assured the boy that he would take responsibility for his schooling if he was able to stop the criminal act.

“I told my family, we are going to do that.

“I spoke to one of my friends who is also ready to help take up the schooling of the SSS 2 guy. So I’m still looking for someone who will take up the one for the JSS 2 sibling.”

This is not the first time the EFCC chairman has revealed the anti-graft agency’s plan to rehabilitate convicted internet fraudsters with reduced sentences.

Addressing a delegation of the National Association of University Students in March 2024, he said “when you think deeply, that tag ‘ex-convict’ is not a good thing. You can never tell where you will find yourself tomorrow, and they will want to profile you and discover that you are an ex-convict.”

“So, it is even in the interest of the youth that the EFCC is doing what it is doing to prevent them from indulging in the heinous act of cybercrime.”

Continue Reading

Most Popular