News
Former EFCC Chairman Abdulrasheed Bawa Justifies PMS Subsidy Removal in a New Book
By AbdulRahman Obaje
The Former chairman of Economic and Financial Crimes Commission (EFCC) Abdulrasheed Bawa has justifies the removal of Petroleum Motor Spirit (PMS) by the current administration of President Bola Ahmed Tinubu in his new explosive book on Nigeria’s fuel subsidy fraud. js"> googlesyndication.com/pagead/js/adsbygoogle.js"> [adrotate banner="51"]
Bawa, in his groundbreaking new book titled ‘The Shadow of Loot & Losses: Uncovering Nigeria’s Petroleum Subsidy Fraud’., give a powerful exposé providing the most authoritative account yet of Nigeria’s multi-trillion-naira fuel subsidy scandal, exposing the inner workings of one of the country’s most pervasive financial crimes.
In the book published by CableBooks, an imprint of Cable Media & Publishing Ltd, Bawa Drawing from his firsthand experience as a key investigator on the EFCC’s special team that probed the 2012 subsidy fraud, reveals the staggering scale, complexity, and audacity of the schemes used to siphon public funds under the guise of fuel subsidy payments. His insider narrative chronicles how billions of naira were recovered and several culprits brought to justice, while also shedding light on how entrenched corruption allowed the fraud to flourish for years.
He details multiple fraudulent strategies as ghost importing and over-invoicing whereby Companies submitted claims for fuel that was never imported or inflated shipment volumes to receive excessive subsidy payouts.
Manipulation of bills of lading which is By altering shipping documents, fraudsters exploited international price fluctuations to claim higher subsidies.
Round-tripping and double claims whereby Single shipments were often used to obtain multiple subsidy payments.
He further revealed that there was also the problem of diversion and smuggling whereby subsidised fuel was frequently diverted to black markets or smuggled out of Nigeria for profit.
In a statement, Bawa said, “The Shadow of Loot & Losses is not just a chronicle of fraud, it is a call to action — a demand for transparency, accountability, and reform in Nigeria’s public finance management, especially in the oil sector.”
These practices, Bawa explains, were enabled by forged documents, weak regulatory oversight, and systemic collusion between corrupt government officials and private sector actors.
Having served as EFCC chairman from 2021 to 2023, Bawa brings rare credibility and insight into the institutional challenges and political dynamics that have shaped the anti-corruption fight in Nigeria. His book is both a revelation and a reckoning — offering evidence-based analysis and personal reflections on one of the most controversial chapters in Nigeria’s recent history.
President Bola Ahmed Tinubu had announced removal of fuel subsidy during his inauguration speech citing that the economy can no longer sustain it.
Author Profile
- Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
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PRP Presidential Primary: YMK Calls For Restrain as Pressure Mounts to Correct Irregularities
A Presidential aspirant, Engr (Dr) Yakubu Muhammed Kingsley, also known as YMK Nigeria charges his supporters to restrain from anger and frustration owing to the recently released Peoples Redemption Party, PRP primary election result. adsbygoogle || []).push({}); js"> [adrotate banner="51"]
Yakubu made the call in Abuja in a stateement released and personally signed, saying that official resolution channels and necessary steps are pursued to address the irregularities and grievance.
He said, “My Dear Brothers, Sisters, Supporters, and Members of the YMK NIGERIA PROJECT,
“I wish to specially thank each and every one of you for your unwavering loyalty, sacrifices, prayers, and relentless commitment throughout the just concluded PRP Presidential Primary Elections.
“From the North to the South, East to West, your overwhelming support, courage, and belief in our collective vision for a better Nigeria remain deeply inspiring to me. Together, we built a formidable movement anchored on hope, justice, inclusion, and genuine national transformation.
“However, it is with a heavy heart that I acknowledge that the outcome declared from the primaries did not reflect the true wishes of our supporters, delegates, and the overwhelming momentum we enjoyed across the country. What transpired was clearly marred by a grand conspiracy and coordinated manipulation against our collective democratic aspirations.
“Nevertheless, I urge all members and supporters of the YMK NIGERIA PROJECT to remain calm, peaceful, law-abiding, and resolute in this difficult moment. We must not allow provocation, disappointment, or frustration to derail the noble cause we have collectively built.
“I want to assure you that we have already initiated appropriate steps through constitutional, party, and legal channels to challenge these irregularities and reclaim our stolen and overwhelming victory. We remain committed to due process, justice, fairness, and the rule of law.
“This struggle is not merely about an election; it is about protecting the integrity of democracy, defending the voice of the people, and securing the future we all believe in for our nation.
“I therefore appeal to all our supporters nationwide to remain united, steadfast, vigilant, and hopeful. Do not lose faith. Do not be discouraged.
“History has consistently shown that truth and justice ultimately prevail over conspiracy and manipulation.
“Further developments and necessary directives shall be communicated to you accordingly through our official communication channels.
May God Almighty continue to bless and strengthen us all.
Yours faithfully,
Engr. Dr. Yakubu Mohammed Kingsley Nigeria Presidential Aspirant, People’s Redemption Party (PRP)
Author Profile
- Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
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Eid-ul-Kabir: Ajia Advocates Peace, Tolerance Ahead of 2027 Elections
The Dan Amanan Fune Emirate of Yobe State and Nwanne Ukwu Di Na Mba of Amaba-Ukwu Item in Abia State, Alhaji Ibrahim Mohammed Ajia, Ph.D, has extended warm Eid-ul-Kabir greetings to the Emir of Ilorin, His Royal Highness, Ibrahim Sulu-Gambari, the people of Kwara State, and the Muslim Ummah across Nigeria, urging political leaders and citizens to embrace peace, unity, and responsible leadership. [adrotate banner="51"]
Ajia, in a statement issued on Tuesday by his Director of Communications and Strategy, Mallam Abdulrahman Aliagan, said Eid-ul-Kabir remains a sacred season that teaches the values of sacrifice, obedience, tolerance, humility, and unwavering faith in Almighty Allah.
He noted that Nigeria’s present political and economic realities demand selfless leadership and sincere commitment to the welfare of the people, especially as political activities ahead of the 2027 general elections continue to intensify across the country.
“Eid-ul-Kabir is not only a celebration of faith and sacrifice, it is also a reminder that leadership must be built on justice, compassion, accountability, and service to humanity,” Ajia stated.
The philanthropist and community leader stressed that Kwara State has continued to enjoy relative peace because of the culture of tolerance, harmony, and mutual respect among its people, warning against divisive politics capable of heating up the polity.
“Political ambition should never override the peace and unity of Kwara State. Leaders and supporters across party lines must avoid inflammatory rhetoric, bitterness, and actions capable of disrupting the peaceful atmosphere the state is known for,” he added.
Ajia further urged political actors to place the collective interest of the people above personal or sectional considerations, saying the state’s democratic future must be driven by issue-based engagements and peaceful participation.
The Ilorin-born security expert commended the Emir of Ilorin, Ibrahim Sulu-Gambari, for his consistent fatherly leadership and commitment to peace, unity, moral guidance, and harmonious coexistence among the people of Kwara State and beyond.
“The Emir of Ilorin has continued to serve as a symbol of peace, moderation, and unity. His fatherly role and wise counsel remain invaluable to the stability and progress of Kwara State,” Ajia said.
Ajia, also called on Nigerians to use the Eid celebration to pray for national healing, economic recovery, improved security, and sustainable development across the country.
“As Muslims commemorate the sacrifice and devotion of Prophet Ibrahim (AS), Nigerians must embrace love, peaceful coexistence, mutual respect, and renewed hope for a better future,” the statement added.
He prayed that Almighty Allah accepts the prayers and sacrifices of the Muslim faithful and grants Nigeria enduring peace, stability, and prosperity
Author Profile
- Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
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News
Nigeria Dispatch Riders throw weight behind YMK’s Presidential Ambition
By AbdulRahman Obaje
The National Union of Dispatch Riders and Mails Operators of Nigeria (NUDRMON) has thrown it’s weight behind the Engr (Dr) Yakubu Muhammed Kingsley (YMK) Nigeria Movement and his Presidential Ambition. adsbygoogle || []).push({}); js"> [adrotate banner="51"]
This is disclosed in Abuja, Monday during a strategic meeting between YMK Nigeria Movement Presidential Campaign Team led by the Director, Mobilization and Contact, Alhaji Suleman Yunusa and NUDRMON Executives members.
Yunusa while highlighting the importance of NUDRMON to the society and the synergy reiterate the commitment of the movement to the welfare of the grassroot people, saying that any responsible government must take dispatch riders serious.
In his introductory remarks, Yunusa said, ‘Dispatch Riders are among the most active and visible working class citizens in Nigeria today.
‘You connect businesses, homes, offices and communities everyday . Any serious leadership must hear your voice to understand your challenges’, he continued.
Yunusa further said that YMK Nigeria Movement is the organisation, while the Peoples Redemption Party, PRP is the party on which Engr (Dr) Yakubu Muhammed Kingsly (YMK) Nigeria is running as President.
The National President, NUDRMON, Comrade Emmanuel Kave Kwaghdega while expressing enthusiasm and optimistic in the YMK Nigeria Movement said the Union’s primary responsibility is to see that the welfare of their members is well taken care of, hence ready to partner with individual or organisation that would prioritise the union’s members’ welfare.
HE Engr. (Dr) Yakubu Muhammed Kingsly (YMK) Nigeria expressed appreciation while thanking the union for honouring his invitation, while seeking for their support in the forthcoming elections. he reveals that the safety and welfare of dispatch riders is very important to him and would ensures he work together with NODRMON for a better welfare package for its members.
Author Profile
- Prince Abdulrahman Obaje is a Media, Information and Computer Technology Consultant. A quintessential Journalist, online marketer, social media strategist, Mathematician and Computer Scientist is based in Abuja, Nigeria. He is the Founder and the Publisher of The Informavores!. You can reach me on +234 805 939 5252 or send i-witness report directly to me on news@informavores.com.ng.
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