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EFCC Recovers N216m From “Swiss Golden” Fraudsters

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The Economic and Financial Crimes Commission, EFCC, has recovered a total of N216,402,565.05 from Swiss Golden Investment, an online investment that purportedly deals in buying and selling of Gold Bars.

The recovery was sequel to a petition the Commission received from thousands of complainants who alleged that they invested in Swiss Golden Investment which was advertised as an online investment that deals with buying and selling of Gold Bars. The petitioner further alleged that after investing over a billion naira into the business, the company refused to pay them any dividend or pay them back their capital.

Upon receipt of the petition, the Commission invited the petitioners and they volunteered statements. Through intelligence, the Commission picked up one Maxim Lobaty, a Russian and two Nigerians: Austin Emenike and Dickson Nonso Onuchukwu in Lagos. The trios were subsequently conveyed to the Kano operational zone of the EFCC for further investigation.

Swiss Golden which is headquartered in Hong Kong was discovered through investigation to be a Ponzi scheme that was designed to defraud innocent victims of their hard earned money.       

After being drilled at the Commission’s Kano Zonal Office, Maxim and his co-suspects consented to the refund of the investment. Subsequently, a total sum of N216, 402,565.05 (Two Hundred and Sixteen Million, Four Hundred and Two Thousand, Five Hundred Sixty-Five Naira) only have now been recovered.

However, while the investigation was ongoing, it was discovered that Swiss Golden Company Limited has defrauded over seven thousand Nigerians to the tune of over N3,000,000,000 (Three Billion Naira) only.

The investigation into the alleged fraud is still ongoing and all efforts are being made to recover the money involved and the alleged suspects are brought to justice.

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NMA FCT Issues Indefinite Strike Threat Over Alleged Ethnic Victimisation and Unjust Dismissal of Three Abuja Doctors

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Tensions are rising at the National Hospital Abuja (NHA) as the Nigerian Medical Association (NMA) FCT Branch threatens an indefinite strike following the controversial dismissal of three medical doctors. According to insider sources, the crisis is unfolding under the leadership of Dr. Mahmud Raji, the Chief Medical Director (CMD), who is alleged to be using his office to intimidate these doctors—believed to have been targeted because of their opinions. This disturbing allegation has intensified outrage within the medical community, raising serious concerns about fairness, professionalism, and ethnic bias within the healthcare system.

In what is fast becoming a major flashpoint in Nigeria’s embattled healthcare sector, the Nigerian Medical Association (NMA) FCT Branch has issued a 14-day strike ultimatum to the management of National Hospital Abuja over the controversial and unexplained disengagement of three medical doctors who have served the hospital diligently for years.

In a strongly worded notice dated June 11, 2025, following its Ordinary General Meeting (OGM) held at the VIP Hall of the Federal Medical Centre Abuja, the NMA FCT leadership formally communicated its dissatisfaction with the National Hospital’s refusal to reinstate its disengaged members. The affected doctors, who completed their residency training in 2020, were appointed as locum consultants in March 2022 after working as post-Part II fellows. After three years of dedicated service, they were abruptly dismissed without any stated reason—unlike their contemporaries who remain in service. The hospital only stated that “their services were no longer needed” and advised them to reapply when vacancies arise.

The association described the move as selective victimisation and scapegoating, pointing out that 30 doctors were employed under similar terms, yet only three were let go. Multiple advocacy efforts—including visits from the NMA President, FCT Chairman, and a committee of senior, reputable medical professionals—have all been ignored by the hospital’s leadership.

The NMA expressed deep frustration that despite its peaceful engagement efforts, the hospital remained unmoved, even in the face of the ongoing “japa” wave—mass migration of medical professionals abroad—leaving Nigeria’s healthcare system dangerously understaffed.

“This disengagement worsens an already fragile system, adding to the mental and economic burdens of doctors, increasing anxiety and threatening family stability,” the NMA noted in its communiqué.

The association has now declared that if the doctors are not reinstated, members at National Hospital Abuja will embark on a total and indefinite strike from June 30, 2025, following a two-week warning strike from June 15–29. If after seven days of this action no resolution is achieved, the entire NMA FCT branch will join the strike in solidarity.

Investigations within the hospital revealed that the affected doctors had no records of disciplinary actions or professional misconduct. Their Heads of Department (HODs) had recommended them for continued service, and it was confirmed that they were already on the IPPIS scale, meaning they posed no additional financial burden to the hospital.

The outrage is further fueled by the irony that, while NMA is pushing for an increase in doctors’ retirement age to 70 due to acute personnel shortages, National Hospital is disengaging young, skilled doctors who chose to remain in Nigeria instead of seeking better opportunities abroad. “Are we saying NHA has enough specialists to let go of such committed professionals?” the association questioned.

Doctors familiar with the affected doctors shared personal testimonies: “I worked with Dr. Fernandez during the COVID-19 pandemic. We carried out countless caesarean sections when fear was palpable. Only a doctor with heart would do that. Is this how the system rewards bravery?”

Emotionally charged reactions have poured in from across the country. A senior doctor lamented: “It’s difficult to believe that doctors would ignore juicy offers abroad to make the sacrifice of practising in Nigeria, only to be treated like trash for speaking up on poor welfare. How do you keep a doctor as locum for 3 years, earning barely ₦400,000, and expect them to live a dignified life? This is the reward for years of service?”

He added that the refusal of the hospital to heed the advice of the NMA President and respected elders “is deeply worrisome” and raises concerns of possible hidden motives.

The broader concern is that this crisis could demoralize others in the system. “We are already overwhelmed, underpaid, and understaffed, yet our sacrifices are ignored,” the doctor continued. “Meanwhile, national honours are reserved for political loyalists, while real heroes are discarded.”

He appealed to the NMA and well-meaning members to establish a financial support plan for the affected doctors, who have now been unpaid for three months, pushing them to the brink emotionally and economically.

In his final remarks, he called for unity: “All hands must be on deck to preserve the Hippocratic brotherhood we swore to uphold. A brother should not snuff the life out of another. This is not the future we envisaged. We must fight to leave a better one for the next generation.”

As the clock ticks toward June 30, the healthcare sector in the FCT braces for what may become one of the most consequential strikes in recent years—one born not just from policy failure, but from a cry for justice, equity, and professional dignity.

The NMA is also using this opportunity to call on the Minister of Health, Dr. Muhammad Ali Pate, to urgently intervene before the situation escalates further. At a time when the country is grappling with critical challenges in the healthcare sector—and the President is actively working to reverse the “japa” trend and restore stability through the Renewed Hope Agenda—it would be deeply unfortunate for such avoidable crises to undermine those efforts. Supporting doctors who have chosen to remain in Nigeria is essential to rebuilding trust and encouraging others, both at home and abroad, to return and contribute to the nation’s healthcare revival.

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BREAKING: Tinubu honours Abiola, Kudirat, Soyinka, Onanuga others in State of the Nation address

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President Bola Ahmed Tinubu has conferred national honours on more than 80 Nigerians—both living and deceased—during his inaugural State of the Nation address in honour of this year’s Democracy Day.

The President, who reeled the names out with other messages while addressing a joint session of the National Assembly to mark 26 years of uninterrupted democratic rule in Nigeria on Thursday, also announced the granting of full pardon to the heroes of the Ogoni Struggle, identified as the Ogoni nine.

The president used the solemn occasion to commemorate key figures in the June 12 pro-democracy movement, notably Chief Moshood Kashimawo Olawale Abiola, his late wife Alhaja Kudirat Abiola, and environmental rights activist Ken Saro-Wiwa.

Alhaja Kudirat Abiola was posthumously awarded the Commander of the Federal Republic (CFR) for her role in resisting military rule, a struggle that ultimately led to her assassination. Tinubu described her as the “heroine of the June 12 struggle.”

Also honoured was the late Major General Shehu Musa Yar’Adua, who received the Grand Commander of the Federal Republic (GCFR), the highest national honour typically reserved for heads of state.

He was recognised for mobilising political resistance to military rule and advancing democratic reforms.

Other posthumous recipients included key figures in Nigeria’s pro-democracy movement: Professor Humphrey Nwosu (CON), who chaired the National Electoral Commission during the 1993 elections; Rear Admiral Ndubuisi Kanu (CON); Pa Alfred Rewane (CFR); Bagauda Kaltho (OON); Chima Ubani (OON); Dr. Beko Ransome-Kuti (CON); Chief Alao Aka-Bashorun (CON); and Chief Frank Kokori (CON), among others.

The list extended to civil rights advocates, journalists, politicians, and unionists who lost their lives in the pursuit of justice and democracy.

Honourees included Emma Ezeazu, Bamidele Aturu, Fredrick Fasehun, Professor Festus Iyayi, Dr. John Yima Sen, Alhaja Gambo Sawaba, Dr. Edwin Madunagu, Dr. Alex Ibru, Chief Bola Ige, Pa Reuben Fasoranti, Senator Ayo Fasanmi, Senator Polycarp Nwite, and Dr. Nurudeen Olowopopo.

In a move described as symbolic of national reconciliation, Tinubu posthumously recognised Ken Saro-Wiwa and his fellow environmental activists known as the Ogoni Nine, who were executed in 1995 under the regime of General Sani Abacha.

Saro-Wiwa was awarded the Commander of the Order of the Niger (CON), while Saturday Dobee, Nordu Eawo, Daniel Gbooko, Paul Levera, Felix Nuate, Baribor Bera, Barinem Kiobel, and John Kpuine were each awarded the Officer of the Order of the Niger (OON).

The President further announced that he would invoke his constitutional powers to grant a full state pardon to the Ogoni Nine and others, whose names will be released following consultations with the National Council of State.

Living icons of democratic activism and intellectual freedom were also celebrated. Nobel Laureate Professor Wole Soyinka was awarded the Grand Commander of the Order of the Niger (GCON), while renowned journalism scholar Professor Olatunji Dare received the Commander of the Order of the Niger (CON).

Related NewsProminent journalists and media pioneers were similarly honoured: Kunle Ajibade (OON), Nosa Igiebor (OON), Dapo Olorunyomi (OON), Bayo Onanuga (CON), Ayo Obe (OON), Dare Babarinsa (CON), and Seye Kehinde (OON).

Among the human rights lawyers and activists honoured were Femi Falana, SAN (CON), Barrister Felix Morka (CON), Barrister Ledum Mitee (CON), and Professor Shafideen Amuwo (CON).

Other notable recipients included Bishop Matthew Hassan Kukah (CON), Senator Shehu Sani (CON), Governor Uba Sani (CON), Senator Tokunbo Afikuyomi (CON), Honourable Labaran Maku (OON), Dr. Tunji Alausa (CON), Mr. Nick Dazang (OON), Hon. Abdul Oroh (OON), Barrister Luke Aghanenu (OON), Odia Ofeimun (CON), Hon. Olawale Osun (CON), Dr. Amos Akingba (CON), and Professor Segun Gbadegesin (CON).

Further commendations went to Professor Julius Ihonvbere, Professor Bayo Williams, Senator Abu Ibrahim, Professor Bolaji Akinyemi, Dr. Kayode Shonoiki, and Senator Ameh Ebute, who were also recognised with honours ranging from Commander to Grand Commander of the Federal Republic.

Veteran journalist and Vanguard Newspapers founder Uncle Sam Amuka Pemu was honoured with a Commander of the Order of the Niger (CON), a day before his 90th birthday.

President Tinubu also formally decorated the current presiding officers of the National Assembly, who had previously received national honours:

Senate President Godswill Obot Akpabio (GCON)

Speaker of the House of RepresentativesTajudeen Abbas (GCON)

Deputy Senate President Barau Jibrin (CFR)

Deputy Speaker Benjamin Kalu (CFR)

“The honours were not just symbolic, but a national acknowledgment of those who defended truth, fought repression, and expanded Nigeria’s democratic space”, Tinubu said.

He called on Nigerians, particularly political leaders, to uphold the values of the June 12 movement in their actions and policies.

“We must rededicate ourselves to the ideals of June 12: freedom, transparent and accountable government, social justice, active citizen participation, and a just society where no one is oppressed”, he said.

President Tinubu concluded his address with a call for national reflection and progress, urging the country to move beyond symbolic recognition and build a future anchored on the sacrifices of past heroes.

 

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Update : Tinubu Govt begins payment of N44,000 minimum wage arrears to ex-corps members

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The Federal Government has started the payment of N44,000 minimum wage arrears to former members of the National Youth Service Corps (NYSC).

The commencement of the payment fulfills an earlier promise tied to the recent upward review of corps members’ monthly allowance from N33,000 to N77,000.

The payment applies to those who completed their service before the new allowance took effect earlier this year.

Former corps members have taken to X (formerly Twitter) to confirm receipt of the payment, expressing their gratitude and relief.

One user, @Kingpin_black1, posted: “Thank you, NYSC. Thank you, President Tinubu. Nigeria will be great again.”

Another user, @ph land. NYSC no carry last. God bless Nigeria.”

The payment, widely seen as a fulfillment of the Bola Ahmed Tinubu administration’s earlier pledge, has sparked excitement online, with many praising the move as a sign of renewed trust and accountability

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