Olukoyede: EFCC’ll Never Allow Relooting of Recovered Assets

John Shiklam in Kaduna 

Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede,  has vowed that the Commission would never allowed the re-looting of  recovered assets. 

Olukoyede stated this yesterday during a visit to the main campus of the newly established Federal University of Applied Sciences, Kachia, Kaduna State. 

The institution initially known as Nok University was a  established in 2021 as a private institution by Anthony Hassan, a retired Director of Finance and Accounts at the Federal Ministry of Health.

An Abuja federal high court, presided over by Justice Joyce Abdulmalik, had in June 2024, issued a final order of forfeiture of the university to the federal government, after it was established that Hassan used illicit public funds to establish it. 

Hassan was also found guilty of using proceeds of corruption to establish  a water factory, hotel, and an event centre.

Olukoyede said good governance was a possibility in Nigeria, adding that Nigerians must enjoy the proceed of accountability. 

“This is a testimony that good governance is a possibility in Nigeria. President Bola Ahmed Tinubu has given us a marching order to go and ensure delivery of good governance and he has provided the leadership directly and indirectly, by actions and by words.”

“Never in the history of this country are we going to allow recovered assets to be relooted again. So, this is a testimony of accountability, it is a testimony of transparency, it is a testimony of judicious use of recovered asset,” he said.  The EFCC boss stated further that, “Nigerians deserve to enjoy the proceeds of accountability and that is why we decided to give this (institution) back to the people.” 

“After recovery, we feel the people of the immediate community must be the first beneficiaries. So, it is important for us to appreciate the leadership of Mr. President because this has not been happening before.”

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    Dangote Cement Marks Youth Day at Obajana

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    The Dangote Cement Plc has marked the International Youth Day at its Obajana plant, Kogi State. 

    Speaking at the event, the Plant Director, Nawabuddin Azad, who was represented by the General Manager, Social Performance, Ademola Adeyemi, said the company’s policy is in alignment with the United Nations’ ideals of empowering the youth to enable them to play significant roles in social and economic development of societies. 

    Azad, who was speaking on the theme, “ Local Youth Action on SDG and Beyond,” said the youth has always in its job creation drives and empowerment programmes. 

    He noted that only recently, youths from the company’s host co-mmunities were empowered through initiatives in poultry farming, solar entrepreneurship, fashion design, and several other vocational skills. 

    “At our plant, we believe in shared value where business success goes together with social progress. 

    We are committed to supporting initiatives that empower the youth, uplift communities and promote sustainable practices,” he said. 

    Addressing staff and guests at the plant, the Chief General Manager and Head of Production, Mr. John Gwong, described the youth as the greatest asset of any nation, noting that their creativity, energy, and innovation remain critical for Nigeria’s future.

    He stressed that Dangote Cement views the youth not only as future leaders but also as present contributors to the company’s growth.

    “At Dangote Cement, we see the youth as the backbone of society. By mentoring them, building their capacity, and exposing them to new technologies, we are preparing a generation that will secure the growth of both our company and our nation,”  Gwong said.

    On his part, the Head of Human Resources, Mr. Azeez Adeniyi, emphasised the importance of instilling discipline, hard work, and integrity in young people.

    He noted that the youth population is central to Nigeria’s workforce and that their skills and values directly influence the productivity of industries such as cement manufacturing.

    “Our engagement with young employees goes beyond technical training. We prioritize ethics, teamwork, and responsibility, because these are the values that shape strong leaders and professionals. When the youth succeed, companies like Dangote Cement and the entire nation also succeed,”  Adeniyi remarked.

    Also speaking, Head, Technical, Dangote Academy,  Mr. Wale Adedeji, urged youths to embrace technology and innovation, stressing that the future belongs to those who are adaptable and forward-thinking. 

     Adedeji explained that Dangote’s continued investment in young professionals has strengthened its operations and positioned the company as a leader in Africa’s cement industry.

    “The world is changing rapidly, and young people must be equipped not only to take jobs but also to create them. The values of curiosity, resilience, and problem-solving are essential for them to remain competitive globally, and these qualities directly translate into the company’s ability to innovate and remain productive,”  Adedeji said.

    The officials collectively noted that industries, governments, and communities must create platforms that empower young people to maximize their potential. They warned that failing to invest in youth development could worsen unemployment and social vices, threatening national stability.

    Stressing its own contributions, Dangote Cement showcased initiatives such as its graduate trainee scheme, internship opportunities, and community empowerment projects, which have empowered hundreds of young people across its host communities and built a pipeline of skilled workers for the company.

    According to the management, the youth are not only vital to Nigeria’s future but are already playing an indispensable role in the day-to-day operations of Dangote Cement, bringing innovation, energy, and fresh perspectives to its workforce.

    The ceremony concluded with a call on young Nigerians to remain committed to lifelong learning and positive values, while stakeholders were urged to sustain efforts at mentoring, empowering, and involving youths in nation-building.

    The post Dangote Cement Marks Youth Day at Obajana appeared first on THISDAYLIVE.

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    The Dangote Cement Plc has marked the International Youth Day at its Obajana plant, Kogi State.  Speaking at the event, the Plant Director, Nawabuddin Azad, who was represented by the
    The post Dangote Cement Marks Youth Day at Obajana appeared first on THISDAYLIVE.

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