News Wings NG

Oyo Govt. Opens Rehabilitated Eleyele-Water Road The Oyo State government has opened the rehabilitated Eleyele-Water road in Ibadan, highlighting the state’s drive toward infrastructure renewal and urban development. The road was opened today by the Chairman, Oyo State Road Maintenance Agency, OYSROMA, Hon. Busoye Ogunlade. Ogunlade, speaking in Ibadan during the opening emphasised the pivotal role of transportation infrastructure in driving economic growth and improving the quality of life in Oyo State. He said the road will ease traffic on the Eleyele- Sango road, saying it will serve as a diversion for those heading towards Ologuneru road. According to the Chairman, the Agency facilitated the repair of deteriorated asphalt sections of the road, stating that the repair work took about a week. “The Eleyele-Water road was completed this year, and today, we are delighted to open it for the use of the people living in this axis. Presently, the Oyo state government is embarking on a massive rehabilitation of roads which encompasses the rehabilitation and upgrading of 4 strategically important roads: Zion plaza-Olusoji; Eleyele-Water; Bashorun Oluwo-nla, and Agbowo roads,” he added. Ogunlade noted that the upgrade on Eleyele-Water road would reduce travel time, minimise flooding, and boost property and business values in the axis. He also called for community involvement in maintaining the roads to ensure their durability. Hon. Busoye Ogunlade commended stakeholders and residents for their support and reaffirmed Governor Seyi Makinde's commitment to infrastructure development.

NIGERIA POLICE FORCE INTENSIFIES EFFORTS TO LIFT COUNTRY FROM FATF GREY LIST Calls for Support from All Relevant MDAs In February 2023, Nigeria was placed on the Financial Action Task Force (FATF) grey list, designating the country as a high-risk jurisdiction for money laundering and terrorism financing. In response to this critical situation, the Nigeria Police Force has been actively tackling these issues through the establishment of specialized units such as the Special Anti-Fraud Unit (SFU), the National Cybercrime Centre, and the newly launched Anti-Money Laundering Unit. Collectively, these initiatives aim to enhance Nigeria’s compliance with international standards and facilitate the country's removal from the FATF grey list. Over the past year, these specialized units have made significant strides in combating financial crimes, resulting in the arrest of 1,088 suspects, securing 152 convictions, and recovering a total of $11,450,000 and ₦142,261,254,228.80. The National Cybercrime Centre, in particular, has been pivotal in addressing digital financial crimes, leading to the arrest of 751 cybercrime suspects and extensive recoveries amounting to ₦8,821,001,881.80, $84,000, and 115,237.91 USDT. A notable achievement includes Operation Butterfly Net, addressing a cyberattack on Flutterwave, which led to the arrest of 179 individuals involved in laundering over ₦11 billion. In addition to the proactive efforts of the NPF, the establishment of the Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Sections has bolstered the framework surrounding financial investigations. The training of over 2,000 officers across various units in money laundering and terrorism financing investigations is reflective of the Force's commitment to improving Nigeria’s global standing in combating financial crimes. With the submission of quarterly AML/CFT reports to the Nigerian Financial Intelligence Unit (NFIU), Nigeria's ratings within the FATF regime have also significantly improved, indicating the effectiveness of these initiatives. As we move forward, the Nigeria Police Force remains resolute in its commitment to combating money laundering and terrorism financing, ensuring that Nigeria meets international requirements set by the FATF. We urge all relevant ministries, departments, and agencies (MDAs) to collaborate in this critical effort of lifting Nigeria from the FATF grey list. While the fight against financial crime is far from over, the progress made by the Force in investigations, arrests, and prosecutions demonstrates the determination to protect the integrity of Nigeria’s financial system and restore trust in our financial institutions. We assure the public and the international community that the Nigeria Police is taking all necessary steps to combat money laundering and terrorism financing. 

Oyo RAAMP Signs N16bn Contract for Construction of 68km Road Project https://lnkd.in/dusY7tie

The Global Energy Alliance for People and Planet (GEAPP) wins inaugural World Economic Forum award for catalyzing cross-sector partnerships to advance the energy transition https://lnkd.in/dEdpnSnm

Africa’s Power Revolution: Mission 300 to Light up Continent’s Future https://lnkd.in/dmt5GKu9

Africa’s Power Revolution: Mission 300 to Light up the Continent’s Future https://lnkd.in/dmt5GKu9

Datacentrix achieves Cisco IoT Specialisation, enhancing industrial cybersecurity and automation offerings https://lnkd.in/dyQJ89MT

Manchester City Football Club vs. Chelsea Football Club: A Clash of Titans Streaming Live on Showmax https://lnkd.in/dQergdMD

JMG Limited Marks International Day of Clean Energy, Offers Solutions for Greener Environment https://lnkd.in/d-pVum6w

Prof Fabian Ajogwu becomes Board Chair; Mrs Olusola Oworu and Mrs Bola Adesola join board of Guinness Nigeria https://lnkd.in/dgyfMyJK