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80% Of Our Convictions Cybercrime-Related -EFCC

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The Economic and Financial Crimes Commission (EFCC) has revealed that 80 per cent of the convictions it has made were offences related to cyber security.
The commission disclosed this yesterday at a conference organised by the Cyber Security Experts Association of Nigeria (CSEAN), in Lagos, with the theme ‘’Cyber Secure Nigeria Conference 2021.’’
Chairman of the commission, Abdulrasheed Bawa, said in his opening remarks that the rise in cybercrime in Nigeria was alarming, and, therefore, called for rigorous public awareness and enlightenment programmes for organisations.
He said: “I want to authoritatively state that as at September, 2021, the commission has recorded about 978 convictions out of this, 80 per cent is connected to cybercrime and cybercrime related offences.
Bawa, who was represented by the Acting Head of Department, Cybercrime Section, Lagos Zone, EFCC, Mr. Suleiman Jijiwa, said in recent times, the society was rapidly changing to “the e-society” where everything is done electronically.
“The society is increasingly relying on the internet and other tools to engage in communication and conduct business activities among other benefits.
‘’However, this development has made our e-dealings vulnerable to cyber attacks and negative consequences of security threats.
“Cyber security experts believe that financial damages and losses will reach $6billion by the end of this year. Studies have shown that cyber attacks are among the fastest growing crimes across the globe.
‘’This rise was triggered by the huge financial gains on the side of the perpetrators,” Bawa said.
That is why it is not surprising that the cyber security expert predicted that before the end of 2021, there will be a cyber attack incident in every 11 seconds, this is nearly twice that of the year 2011 which was every 19 seconds.’’
Also speaking, President of CSEAN, Mr.RemiAfon, charged organisations to safeguard their assets while implementing the digital transformation agenda.
Afon noted that digital transformation has resulted in rapid technological advances such as cloud adoption, blockchain implementation, and use of crypto currencies, artificial intelligence, machine learning, Internet of Things, IoT, 5G and data sciences.

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RIVPOLY Warms Staff Against Sexual Harassment, Sorting, Other Vices

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The Management of Kenule Beeson Saro Wiwa Polytechnic (KENPLOY) has threatened to discipline any staff who prioritises harassment of female students in the campus.
The Polytechnic also said it would discipline any staff who is involved in sorting and other related vices in the institution.
The Rector of the Polytechnic, Dr. Ledum S. Gwarah gave the warning at a one-day workshop for administrative, non-teaching staff of the Polytechnic, in Bori, yesterday.
Gwarah said, “Management would not condone acts inimical to the successful realisation of our target goals as discipline measures will be taken against staff who prioritise harassment of female students, sorting and related vices among others.”
The Rector said further that his administration would defend all staff who are unjustly treated by their superiors and ensure that justice and fair play supersede all primordial interest.
He charged the staff of the Polytechnic to be diligent, take their work seriously, and display responsible and credible job ethics.
Dr. Gwarah assured the readiness of the management to prioritize the welfare of all staff, saying the management is working on more practical measures to motivate workers.
He commended the staff and the newly employed for their contributions to the growth of the institution.
Earlier, the Registrar of the institution, Dr. Emmanuel Onwuka, said the workshop was conceived to reintroduce staff to the work ethics of the Polytechnic which has been ignored for some time.
According to him, the workshop is aimed at giving the entire non-teaching staff a new sense of belonging in the chemistry of administrative knowledge.
“When the right tools of instruction is given to a staff, he will enjoy job satisfaction which will inturn lead to greater productivity,” he said.
The Registrar enjoined the non-teaching staff to take their work seriously and avoid any act of indiscipline and disloyalty to constituted authority.

Chinedu Wosu

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Nigeria Partners UK, Germany, Others On Green Industrial Dev’t

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Nigeria is partnering with the United Kingdom(UK), Germany and the World Economic Forum towards the realisation of President Bola Tinubu’s plans for a green industrial development of the country.
Chief Ajuri Ngelale, Special Presidential Envoy on Climate Action, Wednesday in Abuja, said that the meeting with the leadership of the UK-Nigeria Infrastructure Advisory Facility (UKNAIF) centred on enabling a private sector-led, public sector-enabled programme.
“We (also) hosted a virtual discussion with the Managing Director of the World Economic Forum (WEF) Center for Nature and Climate, Ms Gim Huay.
“We agreed to actionable next steps that will ensure greater collaboration with international investors and DFIs in accordance with our green industrial roadmap.
“On Wednesday evening, we hosted a fruitful session with a delegation from the German Embassy led by its Head of Climate Negotiations, Ambassador Johannes Lehne.
“Specific steps toward deepening collaboration on hydrogen and wind energy development were agreed upon with a follow-up next week,” he said.
The Tide’s source reports that in May, President Tinubu approved the establishment of a committee to oversee the Green Economic Initiative, known as the Presidential Committee on Climate Action and Green Economic Solutions.
Tinubu also approved the appointment of Chief Ajuri Ngelale as Special Envoy on Climate Action and will retain his role as the Special Adviser to the President on Media & Publicity.
The committee was part of a strategic move of the President to ensure the advancement of his administration’s climate and green economic initiatives.
The committee is to coordinate and oversee all the policies and programmes on climate action and green economic development.
The UKNIAF is a technical assistance programme (2019 – 2025) that aims to transform Nigeria’s capacity to plan, finance, deliver and maintain climate-smart. critical infrastructure.
It aims to achieve transformation through technical support in two component areas: Power and Infrastructure Finance.
The key counterparts are the Federal Government of Nigeria and its agencies; selected state governments; the Foreign, Commonwealth and Development Office in Nigeria (FCDO); the wider development and development finance institution groups.

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Nigeria To Host Africa’s $5bn Energy Bank– Minister

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Nigeria has been granted the hosting right for the African Energy Bank (AEB) after beating Ghana, Benin Republic, Algeria, South Africa and Cote D’Ivoire in a keenly contested bidding.
Sen. Heineken Lokpobiri, the Minister of State, Petroleum Resources (Oil), told newsmen in Abuja yesterday, that the award of hosting right for the bank highlighted Nigeria’s robust energy sector.
He said “the award of the hosting right also highlights the country ‘s strategic vision for Africa’s energy future.”
Lokpobiri expressed gratitude to President Bola Tinubu for the support extended during the course of the bidding.
He also thanked the Council of Ministers of the African Petroleum Producers Organisation (APPO) for the confidence in Nigeria’s capability.
The minister highlighted the collaborative spirit of the APPO members and their shared vision for a united, energy-secured Africa.
He emphasised that “this decision reflects our collective ambition to create African solutions to Africa’s energy challenges.
“The African Energy Bank will be instrumental to providing the necessary financial backbone for energy projects that will drive growth and development across the continent.
“The decision is a significant step for the continent’s energy sector and underscores Nigeria’s pivotal role in Africa’s energy landscape.”
The minister assured Nigerians and Africans at large that the establishment of the African Energy Bank would mark a transformative era in meeting energy needs.
He said that the initiative aligned with the broader objectives of African Union’s Agenda 2063, aiming for a prosperous and self-sustaining Africa.
“We are committed to ensuring that the bank did not only move Nigeria forward, but becomes a beacon of progress for the entire continent.
“Our goal is to foster sustainable energy solutions that are both innovative and inclusive.”
The Tide’s source reports that the bank is expected to facilitate access to funding for energy projects, thereby catalysing economic growth and enhancing energy security.

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