EFCC
Hard Times Await Illegal Miners as Olukoyede Bags MINILS Fellowship Award
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, has vowed to intensify the crackdown on illegal mining by targeting financiers, mineral buyers, compromised public officials and other collaborators who profit from the illicit exploitation of Nigeria’s mineral resources.

Olukoyede made this known in Ilorin, Kwara State, on Tuesday, November 3, 2026, while delivering a keynote address at a joint conference on illegal mining, corruption and climate implications, organised by the Michael Imoudu National Institute for Labour Studies (MINILS), Ilorin, in partnership with the Human and Environmental Development Agenda (HEDA). The EFCC chairman was also conferred with a Fellowship Award by the institute.
Speaking on the theme, “Uprooting the Roots of Resource Theft: A Zero-Tolerance Approach to Mining Corruption and Increasing Insecurity in Nigeria,” the anti-corruption czar observed that despite Nigeria’s abundant mineral resources, including gold, lithium, tin, lead and zinc, the country had yet to maximise their economic benefits due to corruption, illegal exploitation and insecurity.
He stressed that mineral wealth could only become a national blessing if properly managed and protected from criminal exploitation.
He explained that illegal mining was not merely the work of individuals operating mining pits but involved sophisticated networks of local and international financiers, buyers, compromised officials, transporters and beneficiaries of illicit proceeds.
He therefore advocated an enforcement strategy that goes beyond arresting miners to identifying and dismantling the financial networks behind the criminal enterprise.
“A serious enforcement strategy must move from the pit to the purse,” he declared, adding that the EFCC would continue to follow the money, investigate financiers and facilitators, trace illicit proceeds and prosecute offenders based on evidence.
Giving an account of the Commission’s efforts, Olukoyede disclosed that between October 2023 and July 2026, the EFCC recorded 52 illegal mining cases within its specialised enforcement portfolio, resulting in investigations, prosecutions and convictions.
He also revealed that the Commission had secured the forfeiture of 102 tonnes of solid minerals.
He emphasised that illegal mining was not just an economic crime but could fuel extortion, smuggling, violence and other forms of criminality, thereby worsening insecurity in affected communities.
The EFCC chairman further called for stronger collaboration among mining regulators, law enforcement agencies, financial intelligence institutions, customs authorities, revenue agencies and host communities.
He maintained that effective information-sharing, joint intelligence and coordinated operations were essential to identifying the financiers and ultimate beneficiaries of illegal mining.
He also urged organised labour, traditional institutions, civil society organisations and the media to support efforts to promote transparency, decent work and accountability in the extractive sector.
Earlier, the Director-General of MINILS and chief host, Comrade Issa Aremu, commended the EFCC under Olukoyede’s leadership for its efforts to curb illegal activities and promote accountability in the country.
He also underscored the importance of the conference in advancing labour education and addressing contemporary challenges confronting workers and the environment.
In his remarks, the Chairman of HEDA Resource Centre, Mr Olanrewaju Suraju, described illegal mining, corruption and environmental degradation as interconnected challenges requiring collective action.
He stressed that organised labour must play a central role in Nigeria’s transition to clean energy to ensure that workers are not left behind.
He explained that the three-day engagement was designed to equip labour leaders with advocacy, skills development and collective bargaining tools while promoting a joint action plan for monitoring suspicious mining activities and a Green Accountability Campaign.
The highlight of the event was the conferment of a Fellowship Award on the EFCC chairman by MINILS in recognition of his contributions to the fight against corruption and related economic crimes.

EFCC
EFCC Uncovers Chinese-Operated Illegal Oil Refinery in Ogun
The Economic and Financial Crimes Commission (EFCC) has uncovered an illegal oil refinery allegedly operated by Chinese nationals in the Ogere area of Ogun State.
The operation, conducted on Saturday, October 31, 2026, by operatives of the EFCC’s Lagos Zonal Directorate 2, followed credible intelligence and surveillance by the Commission into the activities of illegal sludge oil refiners.

The refinery was deserted when EFCC operatives stormed the premises, following the Commission’s earlier clampdown on four illegal lithium processing plants in the area.

However, waste products from the refining process were discovered at the site.
During the raid, operatives also discovered underground tanks believed to have been used for heating and processing sludge oil.

Two of the tanks inspected contained substances suspected to be Automotive Gas Oil (AGO), commonly known as diesel.

Preliminary investigations revealed that the operators sourced sludge oil, also known as black sludge, from Warri, Delta State, and Port Harcourt, Rivers State, and transported it to the illegal facility in Ogere for processing.
Further investigations indicated that the operators subjected the sludge oil to intense heat, allowing lighter petroleum components to pass through a series of chambers and filters in a process believed to produce Automotive Gas Oil (AGO) for sale in the Nigerian market.
Security personnel at the facility reportedly told EFCC operatives that the Chinese operators had neither disclosed their identities nor identified the company behind the facility.

Consequently, operatives of the EFCC’s Lagos Zonal Directorate 2 have taken over the premises as investigations continue to establish the identities of the operators, determine ownership of the facility and ascertain the full extent of the suspected illegal activities and economic sabotage.
EFCC
EFCC Counsel Misquoted in ALGON Lawyer’s Fraud Allegation Judgment
The Economic and Financial Crimes Commission (EFCC) views with grave concern the misrepresentation of the reaction of its counsel, Larry Peters Aso, to the judgment delivered by Justice Suleiman Belgore of the Federal Capital Territory (FCT) High Court in a fundamental rights enforcement suit filed by legal practitioner Dr Ted Iseghoi-Edwards.
The judge reportedly cleared Iseghoi-Edwards of alleged fraud relating to services rendered to the nation’s 774 local government councils. He also disagreed with the EFCC’s position regarding its investigation report on the London-Paris Club refunds.
Reacting to the judgment, Aso thanked the judge for his industry in attending to the matter and stated that the EFCC would apply for a Certified True Copy (CTC) of the judgment “and study it to know the necessary steps to take.”
He did not make any statement about an EFCC report from 2024 concerning allegations that Iseghoi-Edwards “fraudulently obtained the judgments, because he instituted proceedings against the Federal Government in the United States.”
Additionally, claims that Aso said the report was prepared under pressure from higher authorities “after Iseghoi-Edwards assigned his promissory notes to third parties in the United States, where they threatened to sue the Federal Government” are entirely mischievous and amount to deliberate character assassination.
This framing was intended to insinuate that extraneous influences affected the matter, which was not the case.
The record of proceedings from Tuesday, October 20, 2026, when the judgment was delivered, can be accessed to verify Aso’s reaction.
The Commission urges the media to be more objective in reporting court proceedings in the interest of justice.
EFCC
FBI Commends Olukoyede, EFCC for Support in Tackling Sextortion, Cybercrime
The Federal Bureau of Investigation (FBI) has commended the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, and the Commission for their efforts and vital role in Operation Artemis, a joint international effort to disrupt financially motivated sextortion networks targeting minors.
The commendation was conveyed in a letter signed by FBI Director Kash Patel, who praised the Commission for its collaboration with the Bureau in the arrest and extradition of suspects facing federal charges in the United States.
In the letter addressed to Olukoyede, Patel acknowledged the Commission’s contribution to the operation, stating that “the Economic and Financial Crimes Commission, EFCC, has played a vital role in Operation Artemis, a joint effort focused on disrupting financially motivated sextortion rings targeting juveniles.”
He said that, under Olukoyede’s leadership, the EFCC designated personnel to support the investigations and facilitate the transfer of suspects from Nigeria to face prosecution in the United States.
Specifically, the FBI Director commended the EFCC for apprehending Adebola Festus Adekunle and Mudashiru Afeez Olawale, who were indicted in the United States in 2023 over allegations relating to the sexual exploitation and extortion of minors.
The two suspects were extradited to the United States in August 2026, with the EFCC facilitating the process following investigations and extradition proceedings. They are facing federal charges relating to sexual exploitation in cases involving the deaths of minors.
Patel noted that the successful outcome of the cases would not have been possible without the EFCC’s assistance and commitment to international law enforcement cooperation.
“The successful outcome of these cases would not have been possible without your assistance and dedication to international law enforcement collaboration,” he said.
The FBI Director further expressed appreciation to Olukoyede and the Commission for their commitment to justice and continued cooperation, while expressing optimism about strengthening the partnership between both agencies.
“Please accept my sincere appreciation for your commitment to justice and steadfast cooperation. I look forward to the continued partnership with the EFCC,” he stated in the letter.
The extradition of Adekunle and Olawale followed FBI investigations into separate sextortion schemes targeting male minors in the United States. The investigations linked the alleged activities to two teenage victims who died by suicide after being subjected to online sexual exploitation and extortion.
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