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ICPC, IMBLN Inaugurate Joint Task Committee To Tackle Fraud, Corruption In Nigeria’s RES

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ICPC, IMBLN Inaugurate Joint Task Committee To Tackle Fraud, Corruption In Nigeria’s RES

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the Institute of Mortgage Brokers and Lenders of Nigeria (IMBLN) have formally inaugurated a Joint Task Committee (JTC) mandated to implement a landmark Memorandum of Understanding aimed at professionalising and sanitising Nigeria’s mortgage and real estate industry.

The inauguration ceremony, held on Wednesday, 11 March 2026 at the Boardroom of ICPC Headquarters in Abuja, marked the formal constitution of the committee originally provided for under the MoU signed by both institutions on 10 June 2024.

The event brought together senior officials of the ICPC, IMBLN leadership, members of the newly inaugurated committee, and representatives of professional bodies in the housing sector.

Presiding over the inauguration, ICPC Secretary Clifford Okwudiri Oparaodu, Esq., DSSRS, confirmed the committee’s mandate and formalised the membership list, noting that the exercise represented the operationalisation of a strategic agreement concluded in the previous year.

“This very important exercise forms part of the plans that were put in place last year. What we are here to do today is simply to formalise the process, the committee is duly constituted on this 11th day of March 2026.”

Oparaodu outlined the ICPC’s specific areas of interest within the collaboration, including database development and intelligence-sharing platforms between the Commission and relevant stakeholders, advocacy and public-awareness initiatives, curriculum development covering anti-fraud and anti-money laundering (AML) modules, and joint research, training and knowledge-sharing programmes.

“The property and construction sectors can sometimes be vulnerable to money-laundering activities. By anticipating these challenges, we can work together to strengthen safeguards within the industry.”

In his remarks, IMBLN Vice President ESV Ayodele Thomas grounded the collaboration in statute, citing the Institute of Mortgage Brokers and Lenders Establishment Act, 2022, which empowers IMBLN to promote best practices, provide professional oversight, and ensure ethical compliance across the mortgage and housing finance ecosystem.

“The mortgage and housing finance sector plays a critical role in national development, it serves as a bridge between financial institutions, property developers, real estate practitioners, and Nigerians seeking access to home ownership. Because of this central role, the sector must operate on the foundations of professionalism, transparency, and strict compliance with regulatory standards.”

Thomas identified the JTC’s key expected outcomes as the strengthening of compliance frameworks, promotion of ethical conduct in the mortgage and real estate sector, support for investor confidence and public trust, and the enforcement of IMBLN’s charters and mandates. He commended the ICPC for what he described as a forward-looking strategy of preventive collaboration with professional bodies.

For IMBLN, the inauguration represents the culmination of more than five years of institutional effort. Dr. Victor Ivoke, Co-chair of the JTC and Head of Internal Affairs and Enforcement at IMBLN, described the committee as a turning point for an industry long characterised by informal and unregulated practice.

“The idea behind today is that it represents the fulfilment of a dream that has been on this journey as an institution for over five years. Last year, we found a willing partner in the ICPC, and we began this process together.”

Dr. Ivoke painted a stark picture of the current state of the industry, citing widespread irregular practices including multiple lettings of single properties to different tenants, and the prevalence of unregistered agents operating without traceable office addresses or accountability structures.

“Anyone can simply wake up, claim to be an agent, and begin to lease land or houses to people. In some cases, you even find a single one-bedroom apartment leased to three or four different people, with money collected from all of them.

They are then left to sort out the confusion among themselves, while the supposed agent disappears without a trace.”

He called for a regulated system modelled on other established professions, such as law and accountancy, where practitioners must be registered, trained and licensed before they can operate. IMBLN, he noted, is already making professional training available at little or no cost, with enforcement to follow after sufficient public awareness has been established.

“Before any enforcement begins, there must be adequate public awareness. We want to give practitioners enough time to understand the regulations and to comply with them.”

Dr. Ivoke further noted that a separate Act of Parliament, signed into law by the President, already empowers relevant bodies to regulate real estate practitioners and housing agents nationally, with violations subject to prosecution.

The partnership with ICPC is intended to provide the enforcement capacity that IMBLN alone could not wield.

“We were advised that if we attempted to enforce these measures alone, we might face resistance. That is why we chose to partner with institutions that are legally empowered to enforce compliance and prosecute offences where necessary.”

The JTC’s approved implementation roadmap includes five key deliverables: the establishment of a Joint Compliance and Ethics Enforcement Task Force; mandatory ethics and anti-corruption certification for sector practitioners; deployment of ICPC state offices as liaison points for nationwide monitoring and enforcement; a joint national compliance awareness campaign; and an annual Anti-Corruption and Compliance Summit.

Dr. Ivoke said the committee’s work would begin at the federal level before cascading to the states and eventually to local government level, with engagement starting at the Ministry of Housing and expanding through stakeholder meetings across the country. He confirmed that the EFCC has also been engaged as part of the broader effort to clean up the sector.

The committee draws members from key departments across both institutions. The ICPC delegation is led by Shehu Gambo of the Operations Department and comprises seven members in total, drawn from departments spanning Public Enlightenment and Education, the Anti-Corruption and Awareness Network (ACAN), System Study and Review, Proceeds of Crime, External Cooperation, and the Secretariat.

ICPC

ICPC

The IMBLN side, led by Dr. Victor Ivoke in his capacity as Head of Internal Affairs and Enforcement, also fields seven members, including Legal Counsel, Media and Publications, ICT, and administrative representation, bringing the total JTC membership to fourteen.

The inauguration signals a significant shift in how Nigeria’s regulatory architecture approaches the real estate sector, moving from isolated institutional mandates to a coordinated, cross-agency enforcement and compliance model backed by legislative authority.

Both institutions emphasised that the initial phase of the JTC’s work will prioritise advocacy, education and voluntary compliance over punitive enforcement, with seminars and training sessions, some offered free of charge to be rolled out to estate agents, lawyers and other practitioners across the country.

The general consensus pointed to the premise that proper sanitisation of the real estate sector can generate significant income and provide employment for many people, provided implementation is professional to reduce the risk of corruption and minimise disputes.

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ADC Releases Updated Primary Election Schedule, Revised Nomination Fees

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ADC Will Kick Tinubu Out Even If He Appoints Seyi As INEC Chair

ADC Releases Updated Primary Election Schedule, Revised Nomination Fees

ADC releases updated primary election schedule and revised nomination fees — Announces new dates and adjusted fees following stakeholder consultations

The African Democratic Congress (ADC) has released an updated schedule of activities for its 2026 primary elections, alongside revised costs for nomination forms, following extensive consultations with party leaders, aspirants, and stakeholders across the country.

Under the updated timetable, the purchase and submission of completed forms will run from May 6 to May 13, 2026, with May 13 set as the final deadline for submission. Screening of aspirants is scheduled for May 14 and May 15, 2026, with the publication of screening results on May 17, 2026. Appeals will be heard between May 18 and May 19, 2026, while the final list of cleared aspirants will be published on May 20, 2026.

Primary elections for State Houses of Assembly, the House of Representatives, and the Senate will be held on May 21, 2026, followed by governorship primaries on May 22, 2026. The presidential primary election is scheduled for May 23, 2026. This will be followed by the National Executive Committee (NEC) meeting on May 25, 2026, and the Special National Convention on May 26, 2026.

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Additionally, following the review, the cost of nomination forms has been set at N90,000,000 for the presidential ticket, N30,000,000 for governorship, N10,000,000 for Senate, N5,000,000 for the House of Representatives, and N2,000,000 for State Houses of Assembly.

The party retains its concessionary framework, providing a 50 percent discount for youth aspirants between the ages of 18 and 35, and a 25 percent discount for women and persons living with disabilities.

ADC Will Kick Tinubu Out Even If He Appoints Seyi As INEC Chair

ADC

These adjustments reflect the outcome of broad-based consultations aimed at strengthening internal democracy, improving access, and ensuring that the ADC continues to provide a credible and inclusive platform for political participation.

All aspirants and stakeholders are advised to take note of the updated schedule and revised fees, and to comply fully with all guidelines as published. The ADC remains committed to organising effectively and presenting credible candidates to Nigerians ahead of the 2027 general elections.

Signed,
MALLAM BOLAJI ABDULLAHI
NATIONAL PUBLICITY SECRETARY
African Democratic Congress (ADC)

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ICPC Opposes Fresh Bail Application By El-Rufai As Court Adjourns Hearing To May 13

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El-Rufai

ICPC Opposes Fresh Bail Application By El-Rufai As Court Adjourns Hearing To May 13

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has filed a counter-affidavit in opposition to a fresh bail application filed by the former governor of Kaduna State, Mallam Nasir El-Rufai, in the ongoing case before the Kaduna State High Court.

At the resumed hearing of the matter on Tuesday, counsel to the defendant, Mr Ubong Akpang, informed the court of a pending bail application, emphasising that it concerns the defendant’s liberty.

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He further stated that all necessary processes had been duly filed and served, expressing readiness to proceed with the hearing.

However, counsel to the ICPC, Mr. Ibrahim Mukhtar, informed the court that he had only just been served with the defendant’s further affidavit in support of the bail application and would require time to study the new processes.

Following this development, the Honourable Court adjourned the matter to 13th May 2026 for the hearing of the bail application.

It would be recalled that the court had earlier declined to grant bail to Mallam El-Rufai in a previous application.

Honourable Justice D.H. Khobo held that the defendant had not filed a further affidavit to challenge the ICPC’s counter-affidavit, which raised new facts.

These facts included the likelihood of flight risk due to his influence and resources, alleged obstruction of lawful arrest at the Nnamdi Azikiwe International Airport, Abuja, refusal to surrender travel documents and devices for investigation, and concerns over potential interference with witnesses and evidence.

In its determination, the court emphasised that bail is discretionary and must serve the interests of justice.

Justice Khobo held that the Defendant’s high status could facilitate interference with ongoing investigations, especially as some suspects remain at large.

The court had further noted the Defendant’s failure to challenge key allegations in the prosecution’s counter-affidavit, thereby deeming them admitted, and had dismissed unsubstantiated health claims for lack of evidence.

Consequently, the court refused bail to the Defendant; he is to remain in ICPC custody pending the commencement of the trial, and ordered an accelerated hearing.

El-Rufai

El-Rufai

Notwithstanding this, the defence team proceeded to file a fresh application for bail.

The ICPC has since filed its response opposing the latest bail application and remains committed to ensuring that justice is served in accordance with the law.

The Commission assures the public of its continued dedication to the diligent prosecution of corruption cases and the upholding of due process.

J. Okor Odey

Head, Media and Public Communications Unit (ICPC).

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NANS Applauds Olukoyede, Honours him with Outstanding Leadership Award

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Unilorin VC Appaluds EFCC Boss

NANS Applauds Olukoyede, Honours him with Outstanding Leadership Award

The National Association of Nigerian Students, NANS has commended the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede for the successes being recorded in the fight economic and financial crimes and other acts of corruption in the country.

The Association gave this commendation in Abuja on Tuesday, May 5, 2026 when its leaders came on a courtesy visit to the EFCC boss at the Commission’s corporate headquarters.

In his remarks, the leader of the delegation and NANS’ Secretary General, Shedrack Anzaku, declared that NANS “sees a man of integrity, stellar performance and impeccable character, whom the students wish to emulate in Olukoyede” and as a result honoured him with a National Outstanding Leadership Award.

“On behalf of the National Association of Nigerian Students, NANS, we present a National Outstanding Leadership award to the EFCC Chairman, Ola Olukoyede as a proof of good leadership and epitome of hope and in recognition of your commitment to youth empowerment, your passion to humanity and also educational transformation and your contribution towards the improvement of the lives of downtrodden” he said.

Speaking further, he stated that the direction of NANS going forward is to be partners in progress with the EFCC in the area of the fight against cybercrime among students. “What we want to do from now is to partner with the EFCC at the level of fighting social vices by calling the Commission’s attention to students who are doing any form of internet fraud. So we want to be partners in progress. When we see something, we will say something,” he said.

While lending his voice, Comrade James Uneze, Director of Special Duties in the office of NANS Secretary General stated that “We cannot talk about development in Nigeria in area of accountability and financial freedom; in the area of fighting financial and economic crime; in the area of leadership effectiveness and vibrance to the task to serve humanity for equity and justice, charity to the underprivileged and open door policy to all Nigerians irrespective of where they come from or the faith they profess without mentioning the name, Ola Olukoyede.”

Further in his remarks, Uneze said that the leadership of NANS partly came to congratulate the EFCC boss on his “successful service delivery, aimed at emancipating Nigerians from the shackles of poverty, oppression and deprivations as keen observers of your outstanding track record and achievements in the area of ensuring that we live in a corruption-free society and quest for positive national development,” adding that “We will always support the EFCC. We will always report every form of crime to ensure that the EFCC achieves its mandate which is for the development of Nigeria and emancipation of the masses.”

While declaring that Nigerian students desire to be EFCC ambassadors, Uneze noted that “the EFCC has played a very critical role in ensuring accountability, effectiveness and governance in all sectors of our nation,” declaring that “Nigerian students stand against every kind of corruption and every kind of fraud. Be it on the campus or in society.”

Olukoyede in his response, conveyed by the Director, Public Affairs, Commander of the EFCC, CE Wilson Uwujaren, expressed delight at the visit and at the efforts of the students’ national union at fighting internet fraud in the campuses. He urged them not to relent on the path of what is good and ethical, knowing that the country belongs to them as future leaders.

“I am glad to find that you have indicated that you are doing a lot of work in terms of instilling ethical behaviours among your members in all the campuses. What you are doing aligns with the mandate of the Commission, which is to fight all forms of corruption in any manifestation at all across all sectors. So, we welcome that. What we have with students’ organizations across the country is partnership. We have an all-year round programme of establishing clubs in secondary schools and tertiary institutions across the nation because we know that the future of this country belongs to the youth,” he said.

The EFCC boss stressed that the efforts of the EFCC and the results they yield are entirely for the good of the country and urged the students to support the Commission in eradicating cybercrime, especially in the campuses.

“The sacrifice that we are making in this country is for you. That we are going about endangering our safety and lives to fight corruption is because we want a future that Nigerians who are young now will benefit from. The recoveries that we are making are not for our pockets. The money that we recover is being ploughed back into the economy to ensure that we have good infrastructure and good social services.”

Unilorin VC Appaluds EFCC Boss

EFCC Boss

While pointing out that the EFCC is a friend of Nigerian youths and students, he regretted the allure of cybercrime to the youth, noting that the EFCC and all well-meaning Nigerians have a responsibility to fight it for the sake of the country and its citizens. “We can’t run away from the fact that we have a problem in terms of cybercrime in Nigeria. All of us admit the fact that a lot of young people are involved in cybercrime and it is our responsibility both as EFCC and as Nigerian citizens to ensure that we fight cybercrime in our nation. Because whether we like it or not, that challenge is giving this country a bad reputation across the world,” he said.

He charged Nigerian students as critical stakeholders in the making of a new Nigeria to put in more work in the campuses against cybercrime.

“You are key stakeholders in the fight against corruption. As citizens and as students who are the future leaders of this country, I’m charging you people to continue to spread the anti-cybercrime message across the campuses because it is for your own good and interest. The country that you want to have as Nigerians, if you don’t make sacrifices now as students to have it, you will not have that country. All of us must come together to say no to corruption, no to financial crime and to ensure that Nigeria wins this war against economic and financial crime. So, I urge you not to relent, don’t be distracted; continue to walk side by side with us. Continue to support the activities of the EFCC because we are here for you.”

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