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Nigeria ranked third in global internet crimes – Buhari.

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CHAIRMAN, Senate Committee on ICT and Cybercrime, Senator Abdulfatai Buhari has disclosed that Nigeria has been ranked third in global internet crimes coming after United States of America and United Kingdom respectively.

The Senator also revealed that the country loses about #127 billion annually to cybercrime, while the figure represents 0.8% of the country’s GDP.

Buhari in a lecture delivered at the Lead City University Faculty of Law  lecture  recently in Ibadan entitled ‘Legislative Commitment and Cybercrime’ maintained that the figure will continue to grow unless the National Assembly act fast and intensifies its efforts in preventing this unwholesome act.

In his words,  “Nigeria has been ranked third in global internet crimes coming after United States of America and United Kingdom respectively. In the year 2015, the Information Security Society of Nigeria (ISSAN) revealed that 25% of the cybercrimes in Nigeria are unresolved and that 7.5% of the world’s hackers are Nigerians”.

“In 2014 alone, EFCC reported that customers in Nigeria lost about 6 billion naira to cyber criminals, while NDIC (2015) showed a 183% increase on the e-payment platform in Nigerian banks”.

He continued, “In a similar development, the CBN (2015) report showed that 70% of attempted or successful fraud/forgery cases in Nigeria banking system were perpetrated via the electronic channels. Banks in Nigeria have lost approximately #159 billion to electronic frauds and cybercrime between 2000 and 2013 and the impact on the nation’s economy and cash less policy is significant”.

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The lawmaker further observed that the absence of enabling laws and appropriate law to guarantee the legality of online transactions, continue to create fear in the mind of users and potential online users.

Scanning the legislative commitment of the National Assembly in the past, the former commissioner who is currently  representing Oyo North Senatorial District said “the commitment of National Assembly of Nigeria in the past can be said to have not been fruitful and successful. Until 2015, there were over 100 IT related bills before the Nigeria Legislature – the National Assembly, none of which was passed into law”,

He, then attributes the creation of standing committee on Information Communication Technology (ICT) and Cybercrime by the Senate as part of commitment by the 8th Assembly towards curbing cybercrime in the country.

Similarly, the Lagos State Commissioner of Police, Mr Fatai Owoseeni in his lecture on ‘Kidnapping’ averred that crime cannot be totally eradicated in the society, demanding from the public to always support the government in its bid to ensure safety.

“Security is the most expensive thing to do in a country but we can also help by saying positive things about our country, saying negative things about the country demoralize the courage and attitude of those who want to fight crimes in the society”, he counselled .

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FG Unveils Unbundling Plan for Electricity Distribution Companies

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In a bid to enhance efficiency within Nigeria’s power sector, the Federal Government has initiated the unbundling process for 11 electricity distribution companies (DisCos).

This move aims to streamline operations and bolster effectiveness within the sector, as highlighted by Nigeria’s Minister of Power, Adebayo Adelabu.

Addressing the Senate Committee on Power in Abuja, Minister Adelabu emphasized the necessity of restructuring the DisCos into more manageable entities aligned along state lines.

He stressed the impracticality of current setups, citing examples such as the Ibadan Disco, which spans across seven states, hindering operational efficiency.

Also, Minister Adelabu disclosed the government’s intention to exercise its ownership rights in the DisCos, reclaiming management responsibilities to rectify operational shortcomings. He underscored the imperative of governmental intervention, citing past mismanagement by private sector operators.

In tandem with the unbundling initiative, the Federal Government has directed the sale of DisCos currently under the management of banks and the Assets Management Corporation of Nigeria (AMCON). Four DisCos, including Abuja, Benin, Kaduna, and Kano, are now under bank management due to loan repayment issues, signaling a broader need for industry-wide reform.

The Senate Committee on Power echoed concerns over DisCos’ inefficiencies, advocating for comprehensive overhauls to address longstanding performance deficits. Senator Danjuma Goje decried DisCos’ lackluster contributions to the power sector, labeling them as “complete failures.”

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In response to mounting challenges, Minister Adelabu outlined key strategies to revitalize the sector, including stringent regulatory measures, franchise agreements, and accelerated completion of transmission projects. Additionally, efforts are underway to bridge the metering gap and expand renewable energy capacity to bolster the national grid.

Looking ahead, the Federal Government remains committed to realizing its vision of a robust and sustainable power sector, with plans underway to achieve a target of 6,000MW of power generation by the year’s end. As stakeholders collaborate to address systemic deficiencies, the trajectory of Nigeria’s power sector points towards a future marked by resilience and progress.

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Nigerian Army Dismisses Two Personnel Over Alleged Theft at Dangote Refinery

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The Nigerian Army has swiftly acted on allegations of misconduct within its ranks, as it announces the immediate dismissal of two of its personnel implicated in a reported theft at the Dangote refinery in Lagos.

Director of Army Public Relations, Onyema Nwachukwu, affirmed this disciplinary action in a statement released on Monday.

Corporal Innocent Joseph and Lance Corporal Jacob Gani have been relieved of their duties and handed over to the police for further investigation.

“As a demonstration of NA’s zero-tolerance for misconduct and criminality within its ranks, the two soldiers have been dismissed from the NA with immediate effect and handed over to relevant authorities for further prosecution,” Nwachukwu stated.

Major General Nwachukwu outlined the charges against the soldiers, citing their abandonment of duty post and unauthorized possession of materials. He noted that they were summarily tried and found guilty in accordance with military laws.

“This decisive action underscores the NA’s resoluteness in maintaining its institutional integrity and reputation,” Nwachukwu added. “The NA reassures the general public of its dedication to upholding integrity, discipline, and accountability at all levels.”

“We remain resolute in our duty to protect and serve the nation with honor and dignity,” he concluded.

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Rainstorm plunges forty Ogun communities into darkness

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Forty communities in Ogun State have been plunged into darkness following a rainstorm on Sunday.

The downpour, which began midday, destroyed electricity facilities in some parts of the state, leading to a blackout.

“Due to broken poles occasioned by the heavy downpour at Ota and Mowe, customers in the following communities: lyana lyesi, Osuke Town, Egan Road, lyana Ilogbo, Ijaba, Ijagba, Itele, Lafenwa, Singer, Joju, Alishiba, Oju Ore, Tollgate, Eledi, Akeja, Abebi, Osi Round About, Ota Town, Ota Industrial Estate, Igberen, lju, Atan, Onipanu, Obasanjo, Lusada, Arigba, Odugbe, Ado-Odo, Igbesa, Owode,” the Ibadan Electricity Distribution Company (IBEDC) said in a statement late Sunday.

“Olokuta, Hanushi, Bamtish Camp Lufiwape, Eltees Farm, August Engineering, Spark Cear Soap Ayetoro, Amazing Grace Oil, Christopher University, Royal Garden Estate, Pentagon Estate, and environs are experiencing power outages”.

It called on residents of the areas to avoid “contact with the broken poles, saggy wires or any other electrical installation affected by the rain.

“Our technical team is working to clear and replace the broken poles and installations to ensure power supply is restored as soon as possible,” IBEDC said.

A video circulating on social media showed fallen electricity poles on vehicles in a flooded Sango-Ota area of the state.

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