Mohammed Sambo Dasuki,Nigeria's National Security Adviser on Monday at the ECOSOC Chamber, United Nations Headquarters, New York, unveiled Nigeria's new approach to countering and dismantling violent extremism in Nigeria.
The Countering Violent Extremism (CVE) program, according to Dasuki, is aimed at identifying the underlying causes of radicalization (Social, Cultural, Religious, and Economic) and to develop strategies to solve the problem.
In his words, “advancements that have come with modernity such as technology and science have opened up the world in ways that our ancestors could not imagine. But with these advances have also come existential threats, which require us to come up with innovative solutions. As our world becomes smaller, problems are no longer isolated by region, state or even neighbourhood, the same technology that allows us to communicate with relatives thousands of miles away, and to witness events unfolding in distant shores as they happen, is also used to transport extreme ideas that entice youths to pick up arms against their country and fellow citizens, and in some cases abandon their homes to help others fight a war in a distant land.”
“Nation’s that have been directly affected by terrorism whether it is the IRA in Britain, or the FARC rebels in Columbia, or ETA in Spain and more recently IS in Iraq have shown us how difficult it is to eradicate. The terrorist lacks neither imagination nor capacity for evil, they operate outside of the bounds of conventional morality, while states must be guided in their responses by rules, the law, their own values and respect for civilian lives and property.”
“It is my belief that any response to terrorism must be long term, holistic and robust enough to address its root causes. A military approach can only be part of a solution, more importantly states must begin by understanding the causes of youth anomie, disillusionment, need for adventure and search for meaning that is at the heart of a lot of radicalization narratives, while also addressing more structural societal defects that make it difficult for some youth to access jobs, education or social security. While there is no defined pathway to terrorism, poverty, lack of opportunities for self actualization for youth, political and social marginalization, poor understanding of religion, the pull of a charismatic leader all play a role.”
“Before I outline Nigeria’s attempt to address these issues, I will just like to take a minute to explain the threat we face.”
"The current threat we face is mainly from a radicalized and fundamentalist Islamic group, the Jama’atul ahlul Sunnah Lidda’awati Wal Jihad, popularly known as the Boko Haram sect which emerged in Borno State North Eastern Nigeria in 2000. The group was founded by the late Mohammed Ali who moved to Kanamma, a small settlement in Yobe State, close to the border with Niger Republic in 2003 at a base dubbed ‘Afghanistan’. The movement then known as the ‘The Nigerian Taliban’ targeted the Police and other security agencies sourcing for weapons, creating fear and a sense of insecurity in the locals. This group was initially contained by the security forces but later metamorphosed into the Boko Haram Sect under the leadership of a very charismatic young man known as Mohammed Yusuf."
"Today, Boko Haram, is seeking to impose an extreme violent Salafist Sharia legal system in the North while holding strong abhorrence for Western ideas. Under the leadership of Abubakar Shekau, the profile of the sect continued to assume martyrdom status. In the past few years the group has targeted both Muslims and Christians, killing more than 10,000 civilians including women and children. The group has kidnapped hundreds of people, including the more than 200 young girls taken from their school in Chibok as they sat for their final year exams."
"In the last two years, Nigeria has had to innovate to meet the challenges posed by this deadly group. We have worked very hard to develop a National CVE Program which was unveiled on March 18th, 2014. The National CVE Program is the soft approach identified by the prevent strand of Nigeria’s Counter Terrorism Strategy. This aspect of our counter terrorism approach seeks to raise awareness of the threat of violent extremism, as well as shape policy and programming. While we have studied different CVE models around the globe we understood that we had to answer tough questions that are specific to our particular situation in countering violent extremism and it is with this in mind that we developed what we believe is a four pronged approach that encompasses peace, security and development. It is a totally non military approach that involves actors, within and out of government, civil society as well as religious institutions."
"Our CVE Programme is both vertical; involving three tiers of government, federal, state and local, and horizontal; involving civil society, academics, traditional, religious and community leaders. It consists of four streams with different layers of partners: ministries, departments and agencies (MDA’s), including the civil society. Rather than creating new structures that will not be sustainable in the long run, the program utilizes existing structures within and outside government to deliver targeted programs and activities that further the overall goal of stemming the tide of radicalization. This, in our view, will ensure the institutionalization of the programme and guarantee sustainability.”
De-radicalization- we have developed a three pronged program involving the following:
- Convicted terrorist offenders
- Terror suspects waiting trial
- An aftercare program for suspects released from custody and those who voluntarily renounce terrorism.
The de radicalization program involves the training of a new generation of practitioners in the areas of forensic psychology, religious instruction with particular emphasis on extremist narratives, art therapists, social workers and vocational and educational counselors. The government of Nigeria is refurbishing a number of prisons that are being configured specifically for this program.
- The aftercare program is community based designed to aid in the rehabilitation and reintegration of former extremists and will involve a host of civil society organizations.
We have identified and are training a multi-disciplinary prison based treatment team to manage terror suspects. This team is responsible for developing curriculum and training in religious education, cognitive behavior therapy, anger management, relapse prevention, empathy, risk management and risk assessment. Additionally Imams are being trained on dealing with ideologically driven conflict. By implementing this stream, we expect to achieve the following objectives;
a. Foster greater respect for human rights and rule of law.
b. Train relevant prison staff on CVE, to professionally handle terror suspects and issues of rehabilitation.
- c. Develop a range of expert psychologists and counsellors to pioneer rehabilitation efforts
- d. Introduce a more holistic approach to the rehabilitation of prisoners in the country, using in-depth psychological analysis and research to understand the root causes of extremism and other criminal ideologies.
- e. Utilize religious scholars to counter extremist narratives by training them on aspects of dialogue and counseling.
- f. Offer vocational training for inmates ensuring they have a basic level of education and skills to assist their reintegration into society.
- g. Institutionalize rehabilitation of suspected terrorists within the prison system.
Strategic Communication seeks to produce counter-narratives, by presenting moderate views as a stark contrast to violent extremism and promoting core national values. Through Strategic Communications we are working to counter extremist ideology and narratives. Extremists’ views are often based on ignorance, misconceptions, willful misinterpretation and twisted ideology. In the case of Boko Haram, narratives are founded on a set of core beliefs that are opposed to the state and aspects of western education. Our response targets those that hold radical views, without necessarily being violent, and the population at large; aiming to further diminish tolerance for extremist rhetoric. Media content for TV, radio and the internet is being developed in order to raise public awareness of the illegitimate claims of the terrorists.
Our Strategic Communications approach engages the press to ensure that reporting of terrorists’ activities are done responsibly. A voluntary code of conduct on reporting national security issues is being developed that will regulate crisis reporting especially with regard to terrorism. Furthermore we are creating a rapid response media team that will promptly address extremist messages in print or electronic media .
We are currently in the process of strengthening our public diplomacy efforts through the institutionalization of strategic communication capabilities across the civil service. We have begun this effort by training small groups of civil servants, with the aim of reaching over 500 over a two year period across 22 government agencies. This training is being carried out through the Public Service Institute of Nigeria. A parallel program is being developed and institutionalized through the Nigerian Defence Academy. It is envisioned that this will provide long term strategic communication capabilities for our armed forces.
Additionally we are developing messaging desks for the production of counter- narratives (This includes the production of a Website, CDs, Books, TV and Radio programs) including messages targeting youth at risk of radicalization.
In order to further our understanding of Boko Haram we have commissioned a documentary on Boko Haram and research on the Pathways to Radicalization
Accordingly, it is expected that by implementing this stream working closely with various organisations such as media-based NGOs, religious groups and government organisations at all levels the following would be achieved;
a. Government will be equipped with the capacity to manage its strategic communications network.
b. A comprehensive public relations strategy across all government agencies will be mainstreamed and harmonized with the ultimate objective of creating a one-voice information platform.
c. Credible voices on various platforms addressing national identity, tolerance and community resilience will be amplified while providing support and protection for those that speak out against violent extremism.
Counter Radicalization focuses on community engagement and education-based projects. It is designed to stem the flow of recruits and reduce the potential for radicalization. The Society Against Violent Extremism (SAVE) Project created in my office is responsible for this stream. Its entire focus is preventive and involves a whole of society approach. In this regard, the SAVE Project has the following objectives;
- a. Countering the drivers of radicalization
- b. Encouraging CVE action in communities, civil society and government institutions
- c. Building community engagement and resilience
- d. Using education as a tool for countering violent extremism
- e. Promoting religious tolerance.
In order to achieve the above objectives, key projects have been designed to do the following:
a. Ensure that education is used as a tool to stem extremism by emphasizing the teaching of critical thinking and logical reasoning as well as sports, music, arts, and drama. We believe that these will serve as buffers to imbibing a single compelling narrative,
b. Create psychological support structures for victims of terrorism through the main stream provision of PTSD.
We have conducted extensive assessments of schools across Northern Nigeria in order to gain a better understanding of the state of education. We have now begun preliminary consultations with the Ministry of Education with regard to potential changes to the national curriculum and will be hosting an Education Summit, bringing together key stakeholders and policy-makers. Additionally we are working on providing continuing education to Internally displaced people as well as those in states where schools have been closed through community radio schools. We already have a fully-operational Post-Traumatic Stress Disorder Centre in Kano and are working to open centres in at least six more states. Additionally we have worked with our National Primary Health Care Development Agency to add the provision of psychological services in particular post traumatic stress disorder therapy (PTSD) to the national mental health policy. Over the next year we will partner with them to train thousands of clinicians that will be deployed nationwide in PTSD.
The SAVE Project has met with various Civil Society Organizations working in diverse fields from all over the country. An initial introductory meeting has already been held and another meeting will be held later this year as a first step towards building a collaborative CVE network of civil society and government. Other projects are beginning to move beyond the conceptual stage and into implementation as partners are being identified and reached out to. We are beginning to make real progress but are aware that these are but the early stages of what must be an extensive and all-encompassing set of interventions.
In the pursuance of these goals and in order to drive these projects at the local level, we are engaging State Technical Assistants and Local Technical Assistants recruited from the areas most affected by terrorism to ensure continuous engagement with the states and Local Governments. They will all be in place by early next year.
Economic Regeneration- Based on our understanding of the economic root causes of terrorism and global best practices in addressing them, we worked with the Governors of six north eastern states of Nigeria in designing an economic revitalization program targeting the states most impacted by terrorism. An inter-ministerial committee consisting of the Ministries of Agriculture, Power, Finance, Works, Water Resources, Health, Education, Transport, Communication, Culture and Tourism, Industry-Trade and Investments, Solid Minerals Development, Science and Technology, Youth Development, and Lands and Housing, along with the National Planning Commission, development partners and my office are currently working with the region under the aegis of the Presidential Initiative for the Northeast (PINE). The activities of PINE include providing support and succor to a large quantum of internally displaced persons in the conflict areas in the form of emergency relief through the provision of food and medicines in designated camps. In this we are closely working with the State Governments.
These four streams have been structured to implement projects and activities that will ensure the achievement of the aims of the CVE programme.
An independent monitoring and evaluation framework has been developed to help guide our work and provide us with feedback on the impact of our efforts.
Closing Remarks
Ladies and Gentlemen, over the past few minutes, I have highlighted the efforts we have made in addressing the issue of terrorism which has led us to design a robust CVE Programme.
No nation has the monopoly of knowledge especially when it comes to dealing with terrorism, so for us today, is a day that we have come to share, but also to learn.
The ultimate success of our program will depend on how closely we work with our partners, communities, local organizations and institutions to ensure that CVE becomes rooted in their daily work practices. We are also clear that regional and international partners will be key to long term solutions to violent extremism and we are grateful to the numerous countries and international organizations that have supported the Nigerian CVE program.
I wish to convey appreciation for the immense support of the international community in our fight with this challenge of terrorism that is global in dimension and heavily local in its destructive impact."
I thank you for listening.
Gunmen believed to be kidnappers attacked a commercial vehicle belonging to Benue Links, the state-owned transport company.
About 17 candidates travelling to Otukpo for their examination centres in the ongoing Unified Tertiary Matriculation Examination (UTME) are feared to have been abducted, although the exact number of victims remains unclear.
Information available to our correspondent says that the incident took place between 7–8 p.m. on Wednesday, April 15, along the Benue Burnt Bricks in Otukpo, Otukpo Local Government Area (LGA) of Benue State.
According to sources, the assailants waylaid the bus and robbed the occupants of their belongings before whisking them away into the bush.
An eyewitness, who spoke to journalists on the condition of anonymity, said the Benue Links bus, which was conveying about 18 passengers, ran into the kidnappers at about 8:00 p.m. on Wednesday night.
“The passengers were mainly young persons heading to Otukpo to sit for the JAMB examination scheduled for Thursday.
“Two people, the driver and one passenger, managed to escape. Incidentally, the passengers were mainly young men and women who travelled to sit for the JAMB examination scheduled for today (Thursday),” he said.
When contacted, the General Manager of Benue Links, Mr Alexander Fanafa, confirmed the incident, noting that the driver of the bus is presently undergoing interrogation at the police station in Otukpo for violating the company’s safety policy not to travel beyond 6:00 p.m.
He said, “As I speak with you, the driver has been arrested and is under investigation for traveling against company directive. I have warned all drivers to stop night journeys, as they would be held as first suspects if anything unfortunate happens.”
The General Manager further stated that the driver took his vehicle and loaded the passengers who were heading to Otukpo after official hours when the park manager, Mr Amedu, had closed, and ran into trouble, so he has been arrested.
The Executive Chairman of Otukpo Local Government Council, Prince Maxwell Ogiri, confirmed the incident, saying that it occurred between 7 and 8 p.m. on Wednesday.
He added that security agents have been mobilized to rescue the victims, stating that the victims are all young people coming to Otukpo to write JAMB examinations.
“It is true, I’m just coming out from a security meeting, and security operatives have been moved into the forest to help rescue the kidnapped victims.
“The victims are mainly young boys and girls coming to Otukpo to write JAMB,” Ogiri said.
However, when contacted, the Benue State Commissioner of Police, Ifeanyi Emenari, confirmed the situation, but said 14 passengers were kidnapped, while one passenger escaped.
The commissioner disclosed that he had already arrived in Otukpo and is conducting the rescue operation.
“I am in Otukpo now with all my team and DPOs who are here in the bush, and I am heading the operation.
“What happened was that one Benue Links bus carrying passengers coming to Otukpo was stopped and attacked by hoodlums, and 14 passengers were kidnapped, but one was able to escape,” he said.
According to him, the command had commenced an investigation into the incident, particularly the circumstances surrounding the journey.
He maintained that Benue Links management has a policy against night travel, but the driver allegedly picked up passengers after official hours.
“We know that Benue Links has a policy and don’t usually drive at night. So from what I got, they have already closed, but the driver, for reasons best known to him which we are still trying to find out, picked passengers along the road, and when he came here, the story you have is what we are having.
“But as we are investigating, we are on the ground to make sure that the victims are rescued,” Emenari said.
News
There are governments that save for the rainy day, governments that prepare for the storm, and governments that, when the heavens open and money falls like tropical rain, rush outside with buckets full of holes. Nigeria, under President Bola Tinubu, has perfected a fourth category: the government that borrows during a windfall. It is a feat of fiscal acrobatics so astonishing that even the most cynical observers of Abuja’s budgetary theatre must pause in admiration. For decades, Nigeria has squandered oil booms with the reliability of a metronome. But this administration has achieved something more ambitious: it has managed to squander a boom before it even finishes arriving.
The US–Iran war has sent oil prices soaring to $115 per barA Government Addicted to Debtrel, nearly double the government’s benchmark of $64.85. Nigeria is earning an extra $92 million every single day; a torrent of unbudgeted cash that would make even the most jaded petro state accountant blush. In barely a month, Abuja has pocketed almost $3 billion in windfall revenue. If the conflict drags on, the country could rake in $30–$36 billion this year alone. And what has the Tinubu administration done with this unexpected bounty? Why, it has gone on a borrowing binge, of course.
In the past week alone, the National Assembly approved: a $5 billion loan from First Abu Dhabi Bank; a $1 billion UKEF backed loan for Lagos ports; a $6 billion external borrowing package, rubber stamped in under four hours, and a N68.323 trillion budget; the largest in Nigeria’s history. This is not fiscal policy. This is a national credit card with no spending limit. Nigeria’s public debt now hovers around $115 billion, and debt servicing will gulp N20.5 trillion in 2026; more than the budgets of health, education, and infrastructure combined. Yet the government borrows as though it were a teenager discovering online shopping for the first time. One might have expected that a historic oil windfall would inspire restraint. Instead, Abuja behaves like a gambler who wins the lottery and immediately takes out a loan to buy more lottery tickets.
The Senate: From Upper Chamber to Upper Cashier
The Senate’s role in this farce deserves special mention. Once conceived as a check on executive excess, it now functions as a conveyor belt for presidential loan requests. The $6 billion borrowing package was approved with the speed of a fast food order; no debate, no scrutiny, no hesitation. Former Vice President Atiku Abubakar, hardly a stranger to Nigeria’s fiscal melodramas, described the approval as “reckless urgency.” He is being polite. The Senate has not merely abdicated oversight; it has embraced its new role as a ceremonial stamp of approval, a kind of legislative rubber chicken waved over every loan document. One wonders whether senators even bother to read the fine print anymore, or whether they simply check the exchange rate, sigh, and sign.
The Oil Windfall That Will Not Be Saved
Other countries treat oil windfalls as blessings. Norway built a sovereign wealth fund so large it could buy entire countries. Saudi Arabia uses its surpluses to diversify its economy. Even Angola; long mocked for its corruption, has learned to stash away a portion of its oil riches. Nigeria, by contrast, treats windfalls as invitations to spend more, borrow more, and plan less. The Excess Crude Account, once envisioned as a rainy day fund, is now emptier than a politician’s promise after election day. The Sovereign Wealth Fund is a polite fiction. And fiscal discipline is a rumor whispered in the corridors of the Ministry of Finance. The tragedy is not that Nigeria is poor. The tragedy is that Nigeria is mismanaged.
The revised N68.323 trillion budget is a monument to fiscal optimism. It allocates N15.8 trillion to debt servicing; N15.4 trillion to recurrent expenditure, and N32.2 trillion to capital projects, many of them rolled over from previous years because the government failed to implement them. This is not a budget. It is a wish list. The government insists that the spending spree will “stimulate growth,” “unlock infrastructure,” and “stabilize the economy.” These are the same phrases Nigerian governments have used since the 1970s, usually moments before the economy collapses under the weight of its own contradictions.
Borrowing to Service Borrowing
The most farcical element of the Tinubu administration’s fiscal strategy is its reliance on borrowing to service existing borrowing. Nigeria now borrows to pay interest on previous loans, borrows to refinance old debts, borrows to fund recurrent expenditure, and borrows to cover budget gaps. This is not fiscal management. It is a Ponzi scheme with national colors. The administration insists that the debt is “sustainable.” So did Greece in 2008. So did Argentina in 2001. So did Nigeria in the 1980s; right before the IMF arrived with structural adjustment programs (SAP) that Nigerians still curse today.
Nigeria’s economy is a house built on sand: the naira remains fragile, inflation is suffocating households, foreign investors are fleeing, debt service consumes most of national revenue, oil production is unstable and non oil revenue is anemic. And yet, in the middle of this storm, the government has chosen to borrow more; at a moment when it should be saving aggressively. The oil windfall is a gift. But gifts require stewardship. And stewardship requires discipline. Neither is in abundant supply in Abuja.
Conclusion: A Nation at the Edge of a Fiscal Cliff
The expanded budget includes lavish allocations to the judiciary ahead of the 2027 elections, feasibility studies for politically convenient infrastructure, and capital projects that conveniently align with electoral maps. This is not economic planning. It is election year choreography. Nigeria is not being prepared for the future. It is being prepared for the polls.
The Tinubu administration inherited a difficult economy. But it has chosen to make it worse. Instead of using the oil windfall to rebuild reserves, strengthen the currency, reduce borrowing, and stabilize the economy, it has embarked on a reckless spending spree financed by loans that future generations will be forced to repay. Nigeria is earning billions, and saving nothing. And it is borrowing everything. History will not be kind to this moment. Nor will the bond markets. In the end, Nigeria’s tragedy is not that it lacks resources. It is that it lacks restraint. And in Abuja today, restraint is as scarce as electricity.
Business
In The Spotlight
On Friday, Nigeria’s Defence Headquarters confirmed the death of the Commander of the 29 Task Force Brigade in Benisheikh, Borno State, Brigadier General Oseni Braimah, and three other soldiers, following a ruthless attack on the military formation. Though this confirmation calmed initial reports that more than 17 soldiers were killed in the April 9, 2026 attack, it, however, ignited a deeper cause for concern among Nigerians, considering the fact that just about five months earlier, another brigadier general, Musa Uba, was murdered in cruel but avoidable circumstances near Wajiroko, in the same Borno State.
The attack on the military formation was not the only terrorist strike that week. That same Thursday, the devastating news of the soldiers who paid the supreme price had not been fully digested when another report filtered in, at night, that no fewer than eight persons had been killed by gunmen, in Mbwelle village, Bokkos Local Government Area of Plateau State. This was besides the bloodshed recorded in Shanga Local Government Area of Kebbi State on Easter Sunday, where 24 people were killed, according to the Kontagora Catholic Diocese, and in Kebbi and Kwara states, where 49 villagers were reportedly killed on Friday.
Despite the confusion, mourning and grief that followed the killing of these helpless civilians in various communities, described by authorities as some of the deadliest incidents recorded in recent months, the report of the military formation invasion and the killing of soldiers specifically caused panic attacks among citizens and gave a “hopeless situation” slant to the worsening security crisis. And this has become a trend since the beginning of the Boko Haram insurgency in 2009.
It is true that Nigeria’s security forces under the current administration have been dismantling bandit networks and killing scores of terrorists. But the relentless attacks on innocent citizens, which have led to the death of over 10,000 people in two years, and the kidnapping of more than 1,100 people in northern Nigeria, in just four months, appear to have enveloped security agencies’ efforts and boxed the current All Progressives Congress administration into a more precarious corner than previous opposition governments.
A few analysts have tried to compare the security situation under the late former President Muhammadu Buhari with the situation now. While some scored the President Bola Tinubu administration above his predecessor’s, others like Olu Fasan, in his article: “Recurring bloodbath: Nigeria is too fragile, too fractured to be safe”, said, “It has taken Tinubu less than three years in office to achieve a worse security situation than Buhari did in (his) eight years in power.”
I may not directly agree with this notion, but I know that the prevailing economic hardship or widespread poverty in the country, despite significant, growth-targeted policy reforms like exchange rate unification, subsidy removal, and fiscal coordination, can be justifiably linked to rising insecurity.
The Nigerian Institute of Social and Economic Research, in a 2024 study brief, titled: “Insecurity takes the lead as the key driver of poverty in Nigeria”, said, “Once a country experiences conflict and insecurity, it faces a reversal of economic development, which in turn increases the likelihood of further conflict, resulting in a cycle economists refer to as doom-loop. By undermining household livelihood activities on massive scales in Nigeria, increasing insecurity in the last five years has not only intensified poverty in the country, but has also opened up new frontiers of multidimensional poverty across Nigeria.”
Insecurity, according to NISER, drives poverty by disrupting and destroying livelihood activities and by reducing access to basic needs, thereby stifling meaningful improvement in the quality of life in Nigeria. This argument can be better appreciated if one considers how many Nigerians have abandoned leisure or commercial farming, especially in rural areas, owing to rising insecurity.
It would be unfair to pin the blame for this lingering crisis on the current administration; past governments were not also able to do much to stem the tide. But the fact that political IOUs seemed to have trumped competence during the initial formation of President Tinubu’s cabinet inadvertently gave room for unpalatable political treatment of delicate security matters across the states.
The Ministry of Defence, according to analysts, was the worst hit until recently, as analysts found it difficult to decode the consideration behind the choice of the two ministers who were initially saddled with such a priority responsibility. Perhaps, if the issue of security had been given the kind of attention it is being given now, from the beginning of the current administration, the terrorists might not have been this emboldened amid international focus.
The result is that, unlike when Nigeria was ranked the Number One Destination for Investment in Africa for two consecutive years (2012 and 2013), other African countries have, since then, continued to displace the nation, owing to a combination of factors, including accessibility and innovation, economic stability and investment climate, among others.
Of the 31 countries that were tracked in the 2024 edition of the “Where to Invest in Africa” report, published by Rand Merchant Bank and the Gordon Institute of Business Science, Nigeria was ranked as the ninth most viable destination for investment in Africa, behind South Africa, in fourth position; and Ghana, sixth. The 2025 report sadly reflected a further decline for Nigeria, by nine places, to the 18th position.
It doesn’t take an economist to understand that banditry, kidnapping, killings, among other forms of security crisis being witnessed on a large scale in Nigeria, can seriously damage the investment climate and trigger capital flight. Any government that picks the socio-economic well-being of its citizens as Number One on its priority chart must, therefore, go all out to first ensure the security of lives and property, against all odds.
That the Federal Government has published a list of 48 individuals linked to terrorism financing is a step in the right direction. That it has also secured 386 convictions, out of 508 cases in a mass terrorists’ trial, is another feat that can deter others and stem the tide, but politicians must, in the interest of the masses and the well-being of the nation, stop playing politics with this sensitive issue of insecurity.
Rather than mock or blame the APC administration for the current predicament, opposition figures and Nigerians as a whole must converge on the need to be united against this monster. However, the Tinubu administration must also avoid actions or statements that could trigger a revolt at this period. With the economic challenges from almost every angle, Nigerians seem to be constantly on edge.
In March 2014, the APC, then the main opposition party, lambasted the former President Goodluck Jonathan administration for trying to cover up its “incompetence and cluelessness” in tackling the Boko Haram insurgency.
The APC, in a statement signed by Lai Mohammed, its interim National Publicity Secretary at the time, said, “A country that has no discernible counter-terrorism strategy that will clearly identify the multiple means for preventing, responding and defeating terrorist groups, including the alignment of political, military, social and economic instruments and objectives, cannot expect to successfully battle any insurgency.”
Now that the APC is the ruling party, and Nigeria is still not out of the woods, should citizens still agree with the party’s assertion? How the authorities handle the situation will determine the answer. What goes around comes around!
In The Spotlight
Nearly 40 years ago in London, I was invited to dinner by a Nigerian woman I knew in Lagos.
She had described the place in general terms, but I arrived at an upscale home with some serious luxury. She was kind enough to show me around, and following a stylish dinner, she described how she had acquired the place, mentioning headline Nigerian names.
I had no reason to doubt her: some of them called during the evening. I declined her offer to share her conversations with them.
It was my personal introduction to the scale of Nigerian property in the English capital, as she described who owned what or lived where.
While my visits to England at the time were work-related and I had little time to socialise, I did meet several teenage Nigerian students whose parents were glad to send them abroad for education.
They patrolled the streets of London in exotic cars, and I thought it was ironic that, in isolation away from Nigeria, the young ladies were often being manipulated by their fathers’ friends.
In the decades that followed, I read stories of politically exposed Nigerians, particularly state governors, for whom the UK was the first address in money laundering.
On a few occasions, I have alluded to that phenomenon in this column. They acquired expensive homes, cars and even gold phones. One, Diepreye Alamieyeseigha, fled London disguised as a woman. Another, James Ibori, was tried and jailed.
Keep in mind that there have been about 185 governors since May 1999, and that London is nearly always their first port of call.
It is humbling to reflect on what percentage of this number has, in the past 26 years, sunk Nigerian wealth into the soil of England, with considerable swathes lost to middlemen and smooth women.
Remember: in 2006, the then-Minister of State for Finance, Nenadi Usman, criticised governors, saying that they disappeared abroad just days after receiving state allocations and after visiting Bureau De Change operators.
In 2007, a famous Human Rights Watch report, “Chop Fine,” described the case of Rivers State in grim detail.
The problem is that it is not always governors, as demonstrated by the story, “Abuja on Thames,” which appeared in the British monthly, Private Eye, in March 2019. That month, I commented on that story, which involved the astonishing wealth in that country of Paul Ogwuma, a former governor of the Central Bank of Nigeria.
The full Nigerian picture of capital flight, elite consumption, and political patronage was on display when the Panama Papers in 2016 and the Pandora Papers in 2021, two massive international media investigations in which our Premium Times participated, uncovered how the world’s rich and powerful deploy offshore mechanisms to hide their possessions.
As always happens, no Nigerian lost a kobo, let alone a heartbeat, as a result of those investigations, because in Nigeria, crime and hypocrisy quite literally pay.
And then in 2024, a list appeared of 58 deceased Nigerians with unclaimed assets in the UK, as part of a daily-updated “Bona Vacantia” (BV) list, meaning that having remained unclaimed, they are now considered the property of the Crown.
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The Nigerian government does not inform Nigerians about the BV list or the claims process, so those properties are probably lost forever.
Remember also, the case of Nigerian “government” property on the verge of forfeiture in the UK a few years ago. In New York and Maryland, in the US, Nigerian governors and diplomats have left behind a long trail of property issues. In 2012, Alamieyeseigha forfeited $401,931 in traceable assets to the US government when President Jonathan’s government failed to claim them.
And so, the rich continue to flourish, and in January 2026, Tax Policy Associates of the UK published the extensive investigation, ‘Who secretly owns Britain? The hidden offshore owners of £460bn of UK property.’
A report in The Londoner, based on that investigation, peeled back the layers to link the late Herbert Wigwe, the former chief executive of Access Holdings, to about 106 properties. That placed him at No. 7 on a list of “The overseas power players in London’s property market,” with each property registered under shell companies outside the country, leaving none of them directly traceable to him.
While some of these practices are legal, especially on the part of private businessmen, the problem is that Nigeria has, for decades, been burdened by an army of much smaller ants eating away at her. Most of them are pillars of society, either claiming sainthood or praying for it, while the people from whom they amassed their wealth starve to death.
But there is another side: in Nigeria, the Tax Policy Associates investigation, like the arrests of Dariye and Alamieyeseigha and the trial of Ibori, would have been impossible.
“Abuja on Thames” would never have been investigated or published. Not the Pandora Papers. Not the Panama Papers.
Because we are traders. We are either buying or selling. When the aroma of money or power is present, some would sell their very souls. It is why we are where we are.
The system, of course, is in many ways pre-rigged. On real estate matters, we operate a fragmented administrative system with multiple overlapping authorities, incomplete digitisation, and overwhelming opacity. The FCT and state capitals are stories of greed.
This is because the Land Use Act vests all land in each state in the governor (and the President for the FCT). This means that, technically, no one “owns” land outright; one only holds a Certificate of Occupancy. That creates enormous scope for discretionary allocation and corruption, since governors and the FCT minister can grant or revoke rights, and often do.
This is why an FCT minister is a king. He can allocate land to whomever he pleases:
Relatives of the First Lady were thrice removed.
His wife.
Fourth cousins.
Underage children.
Governors, again.
EFCC officials.
ICPC officials.
Code of Conduct Bureau officials.
Girlfriends and their friends.
Supreme Court judges.
Court of Appeal judges.
INEC officials.
Senators.
Top police officers.
Among others, remember the FCT land scam of 2004; the Ministerial allegations involving the current FCT Minister, Nyesom Wike; and the 57 multi-billion-naira properties linked to former Attorney-General Abubakar Malami.
Just imagine what a Tax Policy Associates-style investigation of real estate ownership in Nigeria’s big cities would reveal.
Because in Nigeria, power is deployed into service only when we pray in the mosque or the church. Outside that, power is for the self.
And if you can export that power abroad in funds that belong to the commonwealth, to deprive other Nigerians of it and make you live like a king forever, so much the better!
Sonala Olumhense


