illicit

Power Disco Uncovers 240,000 Illicit Consumers In Network

October 15, 2019 7:43 am

The Abuja electricity distribution company (Disco) which distributes electricity to the Federal Capital Territory (FCT), Kogi, Nasarawa and parts of Niger states has reported that up to 240,000 people are illegally connected to its network and consuming electricity unlawfully.

The Disco also disclosed that in nine of the 32 areas of its network, where it has achieved over 80 percent metering penetration, it found that it loses up to 20 percent of its revenue from supplies made to the areas, indicating a prevalence of dishonest practices despite the availability of meter.

In a draft of its Performance Improvement Plan (PIP) …

14.2m Nigerians consumed illicit drugs in 2018 – NDLEA

June 9, 2019 10:55 am

No fewer than 14.2 million Nigerians consumed illicit drugs in 2018, the National Drugs Law Enforcement Agency (NDLEA) has disclosed.

Chairman of the agency, Col. Mohammad Abdallah (rtd) told reporters in Ilorin, at the sideline of sent forth ceremony organised for the retiring commander of Kwara state command, Ona Ogilegwe.

Represented by his Chief of Staff, Femi Oloruntoba, Abdallah said “everybody is alarmed at the with which abuse drugs these days.”

Making reference to United Nations statistics, NDLEA boss said: “The recent United Nations drugs survey put it that 14.2 million Nigerians consumed illicit drugs in 2018. This is higher …

Illicit financial flows: Nigeria loses $17bn yearly -TI

May 15, 2019 11:04 pm

Transparency International (TI) on Wednesday disclosed that Nigeria loses not less than $17 billion annually through illicit financial flows.

The Executive Director of TI and Civil Society Legislative Advocacy Centre (CISLAC), Auwal Musa Rafsanjani, stated this in Abuja during a meeting of his organisation with its West Africa chapters.

While insisting that the political and business elite have deprived Nigerians of their entitlements through corruption in procurement, Rafsanjani said: “Our countries experience enormous challenges with public procurement, political integrity, illicit financial outflows, migration and many others. In Nigeria alone, $17 billion is lost annually to illicit financial outflows.

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