The Economic and Financial Crimes Commission (EFCC) has declared Lekki, the fast-developing upper-middle-class area of Lagos Metropolis as the new hub of internet-related fraud.

EFCC, in a statement signed by its Head of Media and Publicity, Wilson Uwujaren, said data from an investigation of activities of the Lagos Command for the second quarter of 2021, “indicates that Lekki District is the preferred location for all manner of cyber fraud syndicates.

He said that between April and June 2021, the Advance Fee Fraud and Cyber Crime Sections of the Command recorded a total of 402 internet-related fraud arrests.

According to him, while the Advance Fee Fraud Section was responsible for 243 arrests, the Cyber Crime Section executed 18 sting operations which resulted in 159 arrests, from which 13 convictions have so far been recorded.

The Minister of Niger Delta Affairs, Senator Godswill Akpabio has said the Forensic Audit Report of the Niger Delta Development Commission (NDDC) indicated that there are over 13,000 abandoned projects within the coastal region.

Senator Akpabio disclosed this in Abuja on Thursday when he submitted the report to President Muhammadu Buhari through the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN).

“The report of the audit committee showed that there are over 13,000 abandoned projects in the Niger Delta and even before the submission of the report some contractors have returned to site on their own and completed about 77 road projects.

“Although the exercise had a checkered history, I thank Mr President and all those who supported and ensured its success,” the minister stated.

He added that the exercise was not done to witch-hunt anyone, but to ensure that the huge sums of funds allocated for developing the region are put to good use.

According to Akpabio, the Niger Delta region has remained backward since 1958 in spite of efforts by successive governments through the creation of various interventionist programmes and projects, a situation he says is changing.

Meanwhile, President Muhammadu Buhari has vowed that the Federal Government will ensure it recovers over N6 trillion allegedly misappropriated in the running of the NDDC between 2001 and 2019.

Buhari who spoke shortly after he received the Forensic Audit Report from Akpabio, claimed that there had been evidence of substantial compromise in the execution of at least 13,777 and the existence of “multitude of NDDC’s bank accounts amounting to 362” which lacked proper reconciliation of accounts.

Consequently, the President directed that the report of the forensic audit on the NDDC be forwarded to the Federal Ministry of Justice for necessary action.

Malami, after receiving the report, assured that it would be critically analysed for necessary action and implementation.

In October 2019, Buhari ordered a holistic forensic audit on the activities of the NDDC from when it was established till August 2019, in response to the yearnings of the people to make the Commission more effective and result oriented.

The President said there was nothing tangible on the ground in the region to show for the huge funds committed over the years through the Commission.

He noted that his administration was concerned about the colossal loss occasioned by uncompleted and unverified development projects in the region, and how the citizens have for long been deprived of the dividends of democracy.

As a measure to curb rising insecurity in Sokoto State, Governor Aminu Waziri Tambuwal has imposed a movement restriction on tricycles and motorcycles in both the metropolis and 14 other local governments of the State with immediate effect.

Tambuwal who termed the restriction as Executive Order in response to the security challenges added that no more sales of petroleum products in jerricans, just as he directed motorists in 13 local government areas of the State are not allowed to buy more than N5,000 worth at a time.

He stressed further that he is exercising the powers conferred upon him by subsection (2) of Section 176 of the Constitution of the Federal Republic of Nigeria 1999, to issue the order to be known as Security Challenges (Containment) Order, Tambuwal further banned sales of animals in markets of 13 local government areas of the state.

The Federal Government of Nigeria has called on private sector players particularly in manufacturing to accelerate the adoption of industrialisation for improved productivity, as this will have ripple effect on economic growth.

The government made the call at a roundtable on industrialisation in Africa, organised by the Manufacturers Association of Nigeria (MAN) themed “Positioning African industries for economic transformation and continental free trade” held in Lagos on Thursday.

Vice President Yemi Osinbajo, in his keynote address said it has become urgent to accelerate the adoption of industrialisation to hasten growth and also catch up with constantly improving activities in the global space.