Tag: fraud

  • I’m suffering from life-threatening ailment, Abdulrasheed Maina tells court

    I’m suffering from life-threatening ailment, Abdulrasheed Maina tells court

    Abdulrasheed Maina, former Chairman, defunct Pension Reform Task Team (PRTT), says he is suffering from a life-threatening disease and he needs urgent medical attention

    Maina told Justice Inyang Ekwo of a Federal High Court (FHC), Abuja in an ex-parte motion filed by his lawyer, Israel Obaniyi.

    The motion, marked: FHC/ABJ/CS/1729/2022, was dated and filed on Sept. 27.

    Maina (the applicant) listed the Minister of Interior and Controller General (C-G) of Nigerian Correctional Services Centre as 1st and 2nd respondents respectively.

    In the application, Maina, who is currently serving his jail term at Kuje Prison, prayed court for an interim order directing the minister and the C-G to immediately take him to a reputable and recognised hospital for treatment of his life-threatening diseases pending the hearing and determination of his originating motion

    He also prayed for an order granting him leave to effect the service of the order, the originating motion and other subsequent processes on the respondents by substituted means.

    Giving 10 grounds why the motion should be granted, Maina said the failure to treat the diseases/sicknesses he is suffering had led to his incapacitation and deterioration of his health.

    According to him, there is already a likelihood of contravention or infringement of the applicant’s rights to life, dignity of human person and freedom from cruel, inhuman or degrading treatment.

    “Applicant is in a critical health condition that requires urgent medical attention, hence the need for prayer one on the face of this application.

    “Applicant’s fundamental rights to life, dignity of human person and freedom from cruel, inhuman and degrading treatment are seriously under challenge and continually being breached by the respondents,” the motion read.

    He said it was in the interest of justice to grant his application.

    After Mr Ibrahim Idris, SAN, who appeared for Maina, took the motion upon resumed hearing, Justice Ekwo granted leave for Maina to effect service of the order and other processes on the minister through any member of staff of Ministry of Interior, Abuja.

    The judge also directed that all processes for the C-G be deliver to any officer of the Correctional Services Centre at the Headquarters in Abuja.

    Ekwo consequently ordered the applicant to put the respondents on notice within three days of the order and adjourned the matter until Oct. 24 for motion.

    Justice Okon Abang of a FHC had, on Nov. 8, 2021, convicted and sentenced Maina to eight years’ imprisonment for misappropriating N2 billion pension fund while serving as chairman of PRTT.

  • How ex-staff of First Marina Trust allegedly defrauded clients N1.3bn

    How ex-staff of First Marina Trust allegedly defrauded clients N1.3bn

    A Federal High Court in Lagos on Monday heard that two former employees of First Marina Trust Ltd. cloned emails of several customers and defrauded them to the tune of over N1.3 billion.

    Mr Anthony Onyeoghane, a  witness for the Economic and Financial Crimes Commission (EFCC) which is prosecuting the case,  gave evidence at the resumed trial of two former staff of First Marina Trust Ltd., Adeyemi Oluwaseun and Suleiman Yusuf.

    The EFCC charged them on four counts bordering on conspiracy to commit identity theft, impersonation and cybercrime.

    They were first arraigned in June 2018 before Justice Chuka Obiozor, and pleaded not guilty to the charge.

    The court granted them bail.

    However, Obiozor was transfered from the Lagos Division of the Federal High Court,  and the case was re-assigned to Justice Tijani Ringim.

    Following the re-assignment of the case, the defendants were on May 12, re-arraigned before Ringim

    They, again, pleaded not guilty to the charge, and  Ringim allowed them to continue on their earlier bail.

    When trial resumed on Monday, prosecution counsel,  Mr Nnaemeka Omenwa, called the witness for examination- in-chief.

    The witness told the court that he worked as a Chief Risk Officer at First Marina Trust Ltd., a financial institution regulated by the Central Bank of Nigeria.

    He identified the defendants as his former colleagues who served as marketing operator and relationship manager, respectively.

    The witness told the court that he had chaired a committee set up to investigate a case of internal fraud within the company and orchestrated by the defendants, from May 3, 2016.

    He told the court that both defendants  connived to create email addresses of customers in a bid to defraud them.

    According to him, the defendants conspired to change the email address of a customer named Chinedu Ohamuo, whose email address is chimexohanuo@yahoo.com.

    The witness  said that the defendants  changed  same as chimexohamuo1@yahoo.com.

    He said that following a change of the email, the second defendant, acting as a customer of the company, wrote an email to himself in his official email address, instructing N15 million should  be liquidated from the customer’s investment account.

    He said that the second defendant also instructed that the funds should  be transfered to one Olufemi Ajala, his childhood friend.

    The witness said that the second defendant printed out the email address as required by company’s policy, wrote on it “email received”, dated and signed it with his signature.

    “He then took the said email to the first defendant who, upon verification, uploaded the request to the electronic payment system known as GAPS.

    “The sum of N15 million was, therefore, transferred from the unsuspecting customer’s account to Olufemi Ajala. They used the same tactics in 19 other transactions.

    “The defendants transfered from unsuspecting customers’ investment accounts, the sum of over N1.3 billion .

    The witness testified that the only difference between the 19 other transactions and the one to Olufemi Ajala was that Olufemi Ajala was removed from the “equation” and replaced with a bureau de change.

    “On May 16, 2016, a customer known as White App Resources Ltd., also saw his investment account defrauded by the defendants to the tune of N186.2 million, using computer system.

    “On May 17, 2016, the same cyber fraud was committed by the defendants on the same customer, and the sum of N237.2 million was stolen. On May 27, 2016, the sum of N500.2 million was also stolen ,” he said.

    The witness told the court that same fraud happened on June 9, 2016, June 22, 2016, and Sept.8, 2016, during which various sums of money were transfered.

    He told the court that the first defendant  confessed to the investigative committee, that he provided the accounts of the bureau de change into which the monies were transferred.

    According to the witness, while on the run on Sept. 19, 2016, the second defendant sent an email to the managing director  of the company, confessing to the crime and promising to use his “last blood” in making sure that he refunded the money.

    The witness told the court that the proper procedure for liquidating a company’s account was by a hand-written letter or email, requesting same.

    “The said letter or email is sent to the relationship manager of that particular customer, who is to confirm the letter or email by calling the customer to verify,” he said.

    According to the witness,  upon verification, the officer is to write “email or letter confirmed”, then signs and hands it over to the treasury operation staff, who in turn verifies same before uploading it in the electronic payment system.

    The case has been  adjourned  until Feb. 14, 2023, for continuation of trial.

    The EFCC alleges that the defendants  obtained sums of money from unsuspecting customers of  the company by altering their email addresses.

    The EFCC said that the offences contravene the provisions of Sections 13, 22(4), 27(a) and 27(2) of the Cyber Crimes (Prohibition, Prevention) Act, 2015.

  • How cleric allegedly defrauded 88-year-woman N36.5m

    How cleric allegedly defrauded 88-year-woman N36.5m

    An Economic and Financial Crimes Commission (EFCC) investigator, Mr Samuel Adelana, on Friday told an Ikeja Special Offences Court how a cleric, Ayodeji Olorunfemi, allegedly defrauded an octogenarian of N36.5 million.

    Olorunfemi is standing trial on a three-count charge bordering on obtaining money under false pretences and stealing.

    Adelana, a police officer with EFCC, was led in evidence by counsel to the commission, Mr Ahmed Yerima.

    He said that his team received a petition signed by one Mr Adedayo Olayide on behalf of the complainant, Mrs Tawakalitu Ilumooka, against the defendant, sometime in 2018.

    The investigative officer said that his team began investigation by writing letters to different banks mentioned in the petition.

    “We received a call from one of the banks that one Kayode Isola has been apprehended in the bank.

    “A team member went for the arrest and they said Kayode was brought to our office.

    “He was shown where his name was mentioned in the petition and told that N30,000 was paid into his account by the complainant.

    “Kayode told us that he owned the account but his boss (the defendant) asked for the account details, add that as soon as money was paid into the account, he withdrew it and gave it to his boss,” he said.

    The witness testified that Kayode led the EFCC team to the defendant’s house and the defendant was taken to an EFCC office where he made a statement in the presence of his legal counsel.

    “The defendant explained that he knew the complainant through her daughter, Kuburat, who was his friend but had travelled out.

    “He says he is a prophet and had been praying for the complainant’s daughter before she relocated and that she prayed for the complainant when she found it difficult to sell a land.

    “He said that the complainant also paid N200,000 to his account to show gratitude after the land was sold,’’ he testified.

    The witness added that the defendant told the team that the complainant called him to pray for her first son who was sick but he introduced her to some people who could handle the situation in Ondo Town.

    “He said that he gave the complainant the people’s names as Awoyemi Fakunle and Mose Alade,”

    The witness said that the complainant was received by Fakunle on arrival at Ondo and was taken to a shrine where she was told that all her problems would be solved.

    He added that the duo promised to make the complainant wealthy.

    The witness said he led the five-man team to Ondo after the defendant had written a statement.

    He told the court that EFCC wrote a letter to that effect to the Commissioner of Police, Ondo State Command.

    “Upon our arrival at area commander’s office, we did necessary documentation and we were given two policemen to assist us.

    “The defendant took us to the shrine but we did not meet anyone in the old mud building.
    I took pictures of the shine.

    “The defendant also took us to some of the addresses we found on Fakunle’s bank details, but we were told they were no longer living there,” he testified.

    The witness told the court that investigations revealed that the complainant’s nude pictures were taken at the shrine without her knowledge as she was bathing with the soap they gave her.

    He said that the complainant was surrounded by 20 men chanting incantation and she was given an iron box to keep at a corner of her room in Lagos.

    “She said that, during the period, two accounts were given to her in Fakunle and Alade’s names and she paid in trenches, a total of N36 million into the two accounts.

    “In the course of our investigation, we discovered that Fakunle transferred N1 million to the defendant’s FCMB account on Aug. 3, 2016, and another N850,000 was paid into his account on Sept. 2, 2016.

    “This money was transferred immediately after the complainant paid into Fakunle’s account.

    “We confronted the defendant on this revelation and he told us that he sold a car to Fakunle in the sum of N2.3 million that he was able to pay N1.8 out of it.

    “We asked the defendant to show us the evidence of purchase of the car to Fakunle which he could not give,” he said.

    The witness further said that the EFCC team was able to recover N1.5 million draft from the defendant.

    EFCC alleges that the defendant with six others at large fraudulently obtained N36 million from the octogenarian

    The alleged offences contravene Section 1(1)(a) and 1(3) of the Advanced Fee Fraud and Other Fraud Related Offences, 2006, and Sections 287 (1) (2) and 285 (1) of the Criminal Laws of Lagos State, 2011.

    Justice Mojisola Dada adjourned the case until Nov.25 for the continuation of trial.

  • NDDC director, Dr Ita arraigned for N45 million fraud

    NDDC director, Dr Ita arraigned for N45 million fraud

    The Independent Corrupt Practices and other related offences Commission (ICPC), on Tuesday, arraigned a director with Niger-Delta Development Commission (NDDC), Dr Solomon Okpa Ita for alleged diversion of N45 million.

    The ICPC also arraigned Gabriel  Nathaniel, a staff in the Accounts  Department of the Abuja Metropolitan Management Council (AMMC) over allegations bordering on diversion of about N3 billion from his office.

    They were arraigned separately before Justice Zainab Abubakar of a Federal High Court, Abuja, pleaded not guilty to the charge preferred against them.

    Ita, a director in the Department of Community and Rural Development of NDDC, was arraigned on a four-count charge while Nathaniel was arraigned on a 14-count charge.

    In the charge marked: FHC/ABJ/CR/110/2022, filed by the ICPC, through its lawyer, Osuobeni Akponimsingha, Ita was said to have diverted part of the funds paid for a contract awarded to a group, Radiant Women Association.

    In count one, Ita was accused to have, sometime in September, 2018 or thereabout, indirectly took possession of the sum of N22,400,000. 00. through his First City Monument Bank (FCMB) Account Number: 0542393012, received from the Zenith Bank account of one Solomon Eyarebe & Ebikebina,.

    The money was said to form part of the payment of the N45,000,000. 00 made to Radiant Women Association for a purported contract to wit: “Workshop for Youth Restiveness in Cross River State” awarded by NDDC through the Department of Community & Rural Development was made.

    In the count, he was alleged to have committed an offence contrary to Section 15 (2)(d) and punishable under Section 15 (3) of the Money Laundering (Prohibition) Act, 2011 (as amended).

    Also in the charge marked: FHC/ABJ/CR/CR/168/2022 filed against Nathaniel, he was accused of committing the alleged offence between 2015 and 2019.

    After their not guilty plea, Justice Abubakar granted N50million bail to Ita with one surety who must own a property within Abuja.

    The judge ruled that the certificate of occupancy of the property, which should be verified by the registrar, would be deposited at the court registry.

    Abubakar ordered that Ita be remanded in the custody of the ICPC pending when he meets the bail condition, and  adjourned the matter until Oct. 25 for trial.

    However, the judge fixed hearing of Nathaniel’s bail plea for Wednesday and ordered him to be remanded at the commission’s custody.

  • Alleged N3bn fraud: ICPC arraigns NDDC director, FCT official

    Alleged N3bn fraud: ICPC arraigns NDDC director, FCT official

    The Independent Corrupt Practices and other related offences Commission (ICPC), on Tuesday, arraigned a director with Niger-Delta Development Commission (NDDC), Dr Solomon Okpa Ita for alleged diversion of N45 million.

    The ICPC also arraigned Gabriel  Nathaniel, a staff in the Accounts  Department of the Abuja Metropolitan Management Council (AMMC) over allegations bordering on diversion of about N3 billion from his office.

    They were arraigned separately before Justice Zainab Abubakar of a Federal High Court, Abuja, pleaded not guilty to the charge preferred against them.

    Ita, a director in the Department of Community and Rural Development of NDDC, was arraigned on a four-count charge while Nathaniel was arraigned on a 14-count charge.

    In the charge marked: FHC/ABJ/CR/110/2022, filed by the ICPC, through its lawyer, Osuobeni Akponimsingha, Ita was said to have diverted part of the funds paid for a contract awarded to a group, Radiant Women Association.

    In count one, Ita was accused to have, sometime in September, 2018 or thereabout, indirectly took possession of the sum of N22,400,000. 00. through his First City Monument Bank (FCMB) Account Number: 0542393012, received from the Zenith Bank account of one Solomon Eyarebe & Ebikebina,.

    The money was said to form part of the payment of the N45,000,000. 00 made to Radiant Women Association for a purported contract to wit: “Workshop for Youth Restiveness in Cross River State” awarded by NDDC through the Department of Community & Rural Development was made.

    In the count, he was alleged to have committed an offence contrary to Section 15 (2)(d) and punishable under Section 15 (3) of the Money Laundering (Prohibition) Act, 2011 (as amended).

    Also in the charge marked: FHC/ABJ/CR/CR/168/2022 filed against Nathaniel, he was accused of committing the alleged offence between 2015 and 2019.

    After their not guilty plea, Justice Abubakar granted N50million bail to Ita with one surety who must own a property within Abuja.

    The judge ruled that the certificate of occupancy of the property, which should be verified by the registrar, would be deposited at the court registry.

    Abubakar ordered that Ita be remanded in the custody of the ICPC pending when he meets the bail condition and adjourned the matter until Oct. 25 for trial.

    However, the judge fixed hearing of Nathaniel’s bail plea for Wednesday and ordered him to be remanded at the commission’s custody.

  • N.7bn Fraud: You have a case to answer, Court tells Ex- Gov Lamido, Sons, Coys

    N.7bn Fraud: You have a case to answer, Court tells Ex- Gov Lamido, Sons, Coys

     

    The Federal High Court, sitting in Abuja and presided over by Justice Ijeoma Ojukwu has dismissed the no-case submission filed by a former governor of Jigawa State, Sule Lamido, who is being prosecuted by the EFCC on a 37-count amended charge bordering on abuse of office and money laundering to the tune of N712, 008, 035 (Seven Hundred and Twelve Million and Eight Thousand and Thirty-Five Naira. He is to open his defence on November 8-11, 2022.

    Ex-governor Lamido was arraigned alongside two of his sons – Aminu Lamido and Mustapha Lamido; Aminu Wada Abubakar, Bamaina Holdings Ltd and Speeds International Ltd for allegedly defrauding the state.

    He allegedly abused his position as governor between 2007 and 2015 by awarding contracts to companies where he had an interest, using his two sons as fronts.

  • JUST IN: Nigerian musician sentenced to 20 years in prison

    JUST IN: Nigerian musician sentenced to 20 years in prison

    Justice Muhammed Sani of the Federal High Court sitting in Ilorin, Kwara State has convicted and sentenced a Lokoja-born musician, Onojah Emmanuel Samuel, and two others to 20 years imprisonment for offences bordering on cybercrime.

    Samuel was convicted on Monday, September 12, 2022 alongside Victor Atsumbe Kadiyamo, and Jejelowo Segun, after pleading guilty to separate count charges,bordering on internet fraud. They were arraigned by the Ilorin Zonal Command of the Economic and Financial Crimes Commission, EFCC.

    The charge against Samuel reads: “That you, Onojah Emmanuel Samuel, sometime in May, 2022 at Lokoja, Kogi State within the jurisdiction of the Federal High Court fraudulently impersonated one Richard Philips via your Instagram account linked to your gmail account: richardphilips6211@gmail.com with intent to obtain money from one Erika which you did obtain the sum of Eighty Pounds worth gift cards and thereby committed an offence contrary to Section 22 (2) (ii) of Cybercrime (Prohibition Prevention) Act, 2015 and punishable under Section 22(2)(b)(iv) of the same Act.”

    Following their pleas, counsel to EFCC, Andrew Akoja reviewed the facts of the cases and prayed the judge to convict and sentence them accordingly.

    In his judgment, Justice Sani convicted and sentenced Samuel to three years imprisonment on counts one and two, with an option of N100,000 on each count. The court ordered that the phone used by the convict to commit the crime be forfeited to the Federal Government.

    Kadiyamo was also convicted and sentenced to three years imprisonment on counts one, two and three, with options of fine of N100,000 on counts one and two, while count three carried an option of fine of N54,194,680.00 In addition, the convict forfeited his phone and one Lexus car which he purchased with the proceeds of his unlawful activities to the government.

    In the same vein, Segun was convicted and sentenced to five years imprisonment with an option of fine of N500,000 . The judge, in addition, ordered the forfeiture of his Toyota Matrix car and phone to the Government.

    The convicts began their journey to the Correctional Centre, when they were arrested by operatives of the Ilorin Zonal Command of the EFCC for internet-related offences. Further investigations linked them with impersonation of foreigners. They defrauded both local and foreign victims in the process.

  • EFCC arrests club owner, 21 others in Ibadan

    EFCC arrests club owner, 21 others in Ibadan

    EFCC has arrested one Sunday Adepoju, owner of the popular De Rock Club in Ibadan and 21 others over alleged internet-related fraud.

    Its spokesman, Mr Wilson Uwujaren stated in Ibadan on Monday that the suspects were arrested at the club located on the popular Ring Road in Ibadan during an intelligence-driven operation.

    Also arrested were a couple Aladenusi Ayodeji and Aladenusi Sadiat (a.k.a Bonnie and Clyde).

    Others, according to the EFCC spokesman were Ajuwon Ibrahim, Ogunniyi Stephen, Bolaji Quadri, Olajire Olamilekan, Ojo Kolapo, Kajero Sodiq, Kareem Abiodun, Bolaji Toheeb, Banjo Toyin and Clement Adeseye.

    Also arrested were Babalola Samuel, Opeyemi Omoyemi, Okesanya Matthew, Kareem Damilola, Aledegbe Qodir, Akindele Solomon, Adewopo John, Iyiola Ridwan and Olabosinde Adesola.

    Uwujaren added that one of the suspects, a graduate of Industrial Chemistry of Olabisi Onabanjo University, Ago-Iwoye in Ogun, runs Helpline Foundation and Special Service Global Trust Ltd., in Ibadan.

    He stated that the 36-year-old graduate was arrested with a 2020 model Range Rover HSE Sports Utility Vehicle.

    Uwujaren added that the suspects were arrested after series of surveillance and intelligence on their alleged criminal activities.

    He listed items recovered from them to include five cars, laptops, mobile phones, and incriminating documents suggesting false pretences.

    The suspects would be charged in court as soon as investigations are concluded, Uwujaren stated.

  • US court to sentence Hushpuppi September 21

    US court to sentence Hushpuppi September 21

    Thom Mrozek, the Director of Media Relations- United States Attorney’s Office for Central District of California, Los Angeles, has confirmed that Internet fraudster, Ramon Abbas, popularly known as Hushpuppi, will be sentenced on September 21, 2022.

     

    This was disclosed via email by him on Friday.

     

    Hushpuppi’s sentence date had been moved three times since his conviction in 2021. Valentine’s February 14 date was first chosen for his sentencing before it was postponed to July 11, and now September 21.

     

    The court official, Thom Mrozek, said Hushpuppi, who had pleaded guilty to the alleged $1.1m fraud last year, “…is currently scheduled to be sentenced by a federal judge in Los Angeles on September 21”.

     

    The Billionaire Gucci Blaiso · Instagram influencer (Hushpuppi) is facing criminal charges in the United States for conspiracy to launder money obtained from business email compromise frauds and other scams, including schemes that defrauded a US law firm of about $40 million, illegally transferred $14.7 million from a foreign financial institution, and targeted to steal $124 million from an English football club until his arrest by the Dubai Police in June 2020 and his extradition to the United States.

     

    Hushpuppi posted pictures and videos of his lavish spending on exotic cars, watches, designer clothes, bags from expensive brands like Gucci, Fendi, and Louis Vuitton and of himself boarding helicopters, with celebrities, footballers, and Nigerian politicians or while on charter jets.

    US court to sentence Hushpuppi September 21

     

    He claimed to be a real estate developer.

     

    TheNewsGuru.com recalls that until his arrest, he also holds a passport from St Kitts and Nevis.

     

    On the night his apartment at the Palazzo Versace was raided in an operation code-named Fox Hunt 2, Abbas was arrested alongside eleven others in six simultaneous raids, detectives seized more than 150 million dirham (about $40 million) in cash, 13 luxury cars worth Dh 25 million ($7M), 21 laptops, 47 smartphones, 15 memory storage devices, 5 external hard drives and 800,000 emails of potential victims alongside suitcases full of cash.

     

    The arrest was part of an FBI investigation that indicted him as being a ‘key player’ in a transnational cybercrime network that provided “safe havens for stolen money around the world .

  • I fear for the Nigeria and Nigerians of 2023 and beyond – By Mideno Bayagbon

    I fear for the Nigeria and Nigerians of 2023 and beyond – By Mideno Bayagbon

    By Mideno Bayagbon

    (mideno@thenewsguru.ng)

    Truth be told, the average Nigerian is as guilty, if not more guilty than the thieving politicians, we are all fond of vilifying. Every Nigerian you meet is finger-pointing at some politician, at some corrupt policeman and other, who they believe, is the problem with Nigeria. But in their day-to-day lived reality, corruption in all its goriness is celebrated privately and hypocritically condemned publicly.  For most, it is corruption and condemnable, when it is others who are thriving in it and we are the victims. We mount pious pulpits, flood the social media and discussion forums to vehemently condemn it; unless, of course, we or our relatives are the beneficiaries. In that case, with stony hearts, we invent excuses, resort to ethnic and religious sentiments, fan the embers of our fault lines and wear shining bright white robes over our soiled and darkened souls.

    From Buhari’s  “top to bottom” despoliation of the country, more and more Nigerians are being recruited daily into the cesspit of corner cutting, corruption and all the perfidy that currently define us. Yes, it predates the Buhari misgovernment. But it is no longer a secret that even our  teenagers have joined the mad rush to be rich, by all means; any means even if it means sacrificing mother, father or some random girl for money rituals. Probity, equity, integrity, hard work, fairness and piety are dead. In our own small way, most Nigerians are now economic, political, social and religious Boko Haram, and terrorists.

    Yet we are, outwardly, such a religious people. Almost  an equal number of Nigerians identify as either Christians or Moslems. We wear our religion as a badge, a chameleonic cloak of acceptance; but ultimately, deceit. We block roads, look for every conceivable spot and mosques on Fridays; we jampack churches on Sundays; but work in Satan’s vineyard all week. The most religious country in the world has become the most corrupt, the most unliveable, the headquarters of Satan, the Devil.

    While the media focuses on the unbearable security situation in the country, while it has become our past time to lambast the government in power and heap all our woes on them, as we ordinarily should, we turn a blind eye to our children, our brothers, our sisters, and our parents committing even worse havoc on their fellow citizens and indeed the nation. We celebrate and encourage ill-gotten wealth, no matter how gory the path has been. Almost every Nigerian would do the unthinkable to their neighbour if that would spiral their economy into some sort of temporary wealth. So we turn a blind eye to our children being engaged in economic sabotage through what is now glorified as Yahoo Yahoo. Or the most repugnant, Yahoo-Plus, which involves the killing and harvesting of human parts for money rituals. We turn a blind eye to our brothers and sisters who are politicians and are milking the country dry  for their personal estates. We gladly accept pittance from them while hailing them as messiahs.

    Some poor parents, can today, be heard proudly informing that their children are “learning Yahoo-Yahoo.” They beg, borrow or steal to send their children to Ghana or some other places in Nigeria to become apprentice Yahoo-Yahoo entrepreneurs. Our conscience, morality, ethics; our humanity is dead on the altar of trying to survive the harsh economic woes. We prey on each other. But we posture otherwise. Listening to the average Nigerian lament the woes of the Buhari government,  you would think you just visited a heavenly ordained saint.

    A few shocking stories I heard recently have further ingrained in my mind the feeling that Nigerians are truly not ready to get the country back from the brink. We are not ready to set it on the path of social, political and economically acceptable development. We are not ready to replace the dubious fast lane with integrity and hard work. We are not ready to shun evil of unearned wealth; curtail the excesses of our politicians. We attempt to mask our greed and lack of morals on the “situation of things in Nigeria”. With a mouth full of  excuses, top of which is the bad governance the corruptly inept government of President Muhammadu Buhari has foisted on the economy, and indeed on all spheres of national life, we make lame excuses why making it by all means is the order of the day for Bola, Emeka, or Jubril. We blame the politicians but forget our role in electing them because of N1000 – N10,000 bribe we took.

    A friend’s wife had gone shopping recently and her bill came to a tidy N50,000 for the few items she picked. She had expected to pay either through the POS or transfer into the company’s account. She didn’t have that kind of cash on her. To her surprise, she was told the POS was not functional; neither is the official bank account of the supermarket. She was offered a ready but crooked solution. She was asked to make the transfer into the personal account of one of the staff. She resisted and asked for the manager who was nowhere to be seen for over 15 minutes that she insisted on speaking to some authority figure to confirm the authenticity of the request to make the transfer into the staff personal account. With no manager in sight, she reluctantly made the transfer. But she was still uncomfortable with the whole business.

    As God would have it, as she was about driving off, she saw a friend who is an acquittance of the owner of the business and told her what had just transpired. Shocked, the friend called the owner of the Supermarket who confirmed that there was nothing wrong with either the bank account or the POS. Long story short, the Police were invited. The four staff on duty, including the security man who was supposed to check receipts against the goods purchased, but who conveniently waved the customer through without any check, were picked up. On intensive interrogation, it was discovered that that week alone, the band of boys, all under 23years, have siphoned over N2 million into their private bank account from the sales.

    The masterminds, two UNILAG students, home because of the ASUU strike, who were temporarily employed, through pleas of their parents, one of whom is a Professor and the other a cleric, confessed to have used their  IT hacking skills to compromise the account of the owner and were easily diverting monies from sales into their private accounts.

    A second story involved a former top banker who used his retirement entitlements to go into distributorship of drinks with one of the nation’s notable breweries. He was a sub-distributor to a major distributor. Daily the company driver and a young employee were sent to go and distribute drinks to customers in the company’s van. This they do dutifully but with an evil motive behind their zeal. The money they collect as payment, they pocket. And to cover their nefarious track, they  would head straight to warehouse of the major distributor and restock the quantity of drinks sold to customers whose payment they have pocketed. They then return the new stock to the warehouse of their employer claiming they didn’t make any sales. That way they ingeniously  pocket the sales profit and leave their employer high and dry. Yet at the end of the month, they collect their salaries. And soon enough, the company was wrecked and the retired banker is left with a huge mountain of debts. Of course these stories are just a tip of the iceberg. Anyone who has bothered to set up a company in Nigeria, in recent times, has his/her own  tale of woes in the hands of Nigerian workers.

    The rot has become systemic and endemic. Parents, unfortunately have a mountain of guilt on their conscience. Our children study us and study their environment. The internet of things has not helped either. They grow up seeing a society that glorifies unearned wealth. They see government officials aggrandize public funds with impunity and they are hailed by the society, by those who should have risen up to oppose them. They grow up seeing people with no visible means of livelihood driving the best of cars, living in the most alluring of houses and having policemen and soldiers as their security details. They grow up seeing so called Men of God living Pop star lifestyles, fleecing their poor congregants while living the heavenly life here on earth but persuading their members to be heaven focused.

    A society that welcomes and tolerates wealth by whatever means will definitely be in death throes as Nigeria currently is. Yet it will get worse. With Nigeria earning less than it needs to even service her debts, the future looks like a project patterned after the Hobbesian state. With over 70 percent of our graduates jobless; with “handwork” conveniently shunned, dogs are set to eat dogs. The more the pity for the politicians who are angling for positions in the coming dispensation. Soon they will become public enemies number one. The current situation in most of the North of Nigeria, and to some degree in the South, where politicians can no longer go home to their states, will be child’s play. The current sense of entitlement and impunity that reign all over the nation will bear implosive conflagrations. Nigeria of tomorrow, except God intervenes, is loaded. I do not envy whoever emerges President and Governors and Senators, etc next year. Tough years ahead await unveiling.