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EFCC Partners Firm to Establish Cybercrime Research Centre – Olukoyede

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EFCC Partners Firm to Establish Cybercrime Research Centre
– Olukoyede

 

 

As part of the efforts to prevent cybercrime and channel the digital skills of young Nigerians to more productive ventures, the Economic and Financial Crimes Commission (EFCC) has concluded plans to establish a Cybercrime Research Centre.

 

 

The Centre, which is being put together in partnership with a foremost fintech firm, Flutterwave, will serve as a research and resource centre for empowering Nigerian youths.

 

 

This was disclosed in Abuja on Tuesday by the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, at the National Summit on Cybercrime.

 

 

The Summit, with the theme “Alternatives to Cybercrimes: Optimising Cyber Skills for National Development”, was part of the activities lined up to mark the first year in office of Mr. Olukoyede.

The EFCC helmsman said, “This Summit is the second to be organised by the Commission this year on the same issue owing to the overarching need for us to articulate opinions and build greater strength against the scourge of cybercrimes. This time around, we are not only interrogating the problem, we are aggregating workable solutions to it. This underscores the theme: Alternatives to Cybercrimes: Optimising Cyber Skills for National Development.”

He bemoaned the erosion of acceptable family values and the tendency towards quick riches among young people instead of leaning towards enterprise, resourceful intellectual aspirations and technological innovations.

“Projections by multiple sources show that the global loss to cybercrimes may reach a staggering $10.5 trillion by 2025, with approximately 2,328 (Two Thousand, Three Hundred and Twenty-eight) cases occurring daily. The implication of all these is that, if left unchecked, cybercrimes portend grave dangers to the entire world.

“These are the realities stoking the Commission’s fight against these crimes. Cybercrime accounts for a significant percentage of the 3455 convictions recorded by the EFCC in my one year as Executive Chairman. A significant portfolio of choice assets have also been recovered and returned to both local and foreign victims of cybercrimes by the Commission,” Olukoyede said.

He reasoned that things have gotten a stage where there is a compelling need to “change the narrative from criminality to productivity, from idleness to usefulness and cybercrimes to cyber wealth”.

“To this end, the EFCC under my leadership, is completing work on a Cybercrime Research Centre where globally-competitive research would be running as an alternative avenue of empowering our youths. The Centre, the product of collaboration with one of our foremost FinTechs, Flutterwave, is envisioned as a learning, rehabilitating and refocusing centre for youths across the country. It could also serve as a research resort for law enforcement agencies interested in deeper understanding of issues involved in cybercrimes,” Olukoyede said.

He noted that the commission was not unaware of the misconceptions in certain quarters that it was concentrating on the fight against internet crimes.
“While this narrative is not really true, the fact remains that cybercrime threatens the nation’s most significant asset – its reputation, and economic wellbeing. The losses by the financial services sector to cybercrime in the last three years is staggering. We cannot continue to sit idly and watch the integrity of our institutions compromised and our youths degenerate into uselessness. The future of our nation cannot and would not be allowed to hang in the balance. We must take collective actions against cybercrimes,” Olukoyede said.

On alternatives to cybercrimes, the EFCC Chairman said, “There are ample skills that can be optimized for national development. It is this lack of serious cogitation on the alternatives that has not made our youths shift their focus from criminal tendencies. First, there is the alternative of creative and innovative development of socially-beneficial applications that can deliver better prospects than internet fraud.

“Today’s event is tailored towards exposing young Nigerian with strong tech skills to the opportunities that abound in various industries and sectors for legitimate wealth creation and honest livelihood. These opportunities can be found in the creative industry, tech ecosystem, financial services sector, medical services and even law enforcement.”

He also disclosed that the EFCC is setting up a Cybercrime Response Desk as part of its corruption prevention mandate of the Commission

“The Cybercrime Response Desk is to receive and process real time information on suspected cybercrime for immediate enforcement action to nip such cases in the bud. The initiative, in our estimation, will help in reducing incidences of cybercrime and possible loss of money by victims,” he said.

Olukoyede appealed to parents and all well-meaning Nigerians to join the EFCC in the fight against corruption and internet fraud, adding that the quality of our future as a people depends on what we do to tackle the menace today.

“Let me use this opportunity to appeal to the conscience of parents and heads of institutions across the country to regard the fight against internet fraud as a compelling endeavour. The quality of the future leadership of our nation depends on what we do with the issue of cybercrimes today. Tomorrow is not a promise. Tomorrow is a fruit of preparation. We must all join hands together to tackle the hydra-headed monster which internet fraud has become,” he added.

 

 

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Mayor of Brampton Honours IBD Foundation

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Mayor of Brampton Honours IBD Foundation

 

The City of Brampton has recognised Alhaji Ibrahim Dende Egungbohun for his remarkable contributions to a transformative initiative designed to empower women through essential skill-building for independence and self-reliance. This formal acknowledgment took place on August 15, 2025, in Mayor Patrick Brown’s office during a visit from the Africa Made Economic Growth Initiative (AMEGI) team. Represented by his wife, Mrs. Omolara Egungbohun, Alhaji Dende received the certification amidst an atmosphere of gratitude and celebration. Mayor Brown presented the certificate personally and extended his commendations to the IBD Foundation for their relentless pursuit of women’s empowerment, development, and their philanthropic efforts.

The Certificate of Recognition underscored Egungbohun’s unwavering dedication and tireless efforts to create diverse opportunities for women to enhance their skills, develop their potential, and ultimately prosper in their personal and professional lives. As a philanthropist, esteemed businessman, and influential social figure, his impact in Nigeria and beyond is both profound and far-reaching.

Egungbohun’s generosity and steadfast commitment have significantly bolstered the confidence of program participants, facilitating their ability to envision and construct brighter futures while strengthening community ties. In his acknowledgment, Mayor Brown stated, “Your dedication uplifts those working to inspire others,” highlighting the deep and lasting influence of Egungbohun’s work in empowering women.

Mayor of Brampton Honours IBD Foundation

This initiative is not just a standalone effort; it harmonizes perfectly with Brampton’s broader mission to advocate for and uplift marginalized groups within the community. Egungbohun’s contributions serve as a vital catalyst for transformative change, offering practical skills that enhance employability while reshaping the economic and social framework for women. Through an assortment of workshops, mentorship programs, and robust support networks, he has fostered an encouraging environment where women can fully explore and realize their potential.

As Brampton steadfastly commits itself to promoting inclusivity and equity, leaders like Egungbohun exemplify how collaboration, vision, and genuine enthusiastic engagement can effectively turn hopes and aspirations into tangible realities. The public acknowledgment from the city not only honors individual efforts but also sends a resounding message, inspiring other community leaders and stakeholders to step up and invest in grassroots empowerment initiatives that uplift and serve those in need. This recognition is a clarion call for collective action toward a more equitable and inclusive society.

 

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Tayo Folorunsho Nominated as Celebrity Special Marshal of the Federal Road Safety Corps

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Tayo Folorunsho Nominated as Celebrity Special Marshal of the Federal Road Safety Corps

Tayo Folorunsho Nominated as Celebrity Special Marshal of the Federal Road Safety Corps

 

 

Tayo Folorunsho, renowned youth ambassador and edutainment advocate, has been officially nominated to be decorated as a Celebrity Special Marshal (CSM) of the Federal Road Safety Corps (FRSC).

 

Tayo Folorunsho Nominated as Celebrity Special Marshal of the Federal Road Safety Corps

 

The unveiling took place at the recently concluded FRSC Youth Hangout, held in celebration of the United Nations International Youth Day at the National Judicial Institute, Abuja.

 

 

Over the years, Tayo Folorunsho has distinguished himself as a passionate youth leader, consistently driving initiatives that inspire and empower young people. His recognition as a Celebrity Special Marshal is not only a mark of honor but also a call to responsibility—championing road safety, responsibility, and positive change within society.

 

Tayo Folorunsho Nominated as Celebrity Special Marshal of the Federal Road Safety Corps

 

Speaking on the recognition, Tayo Folorunsho emphasized:

“This is more than an honor; it is a responsibility to use my voice and influence to promote safety, responsibility, and positive change on our roads.”

 

This milestone reinforces his commitment to youth empowerment, social responsibility, and nation-building through edutainment and advocacy.

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FRSC Partners with Edutainment First International to Drive Road Safety Awareness in Nigeria

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FRSC Partners with Edutainment First International to Drive Road Safety Awareness in Nigeria

FRSC Partners with Edutainment First International to Drive Road Safety Awareness in Nigeria

 

In a country where road accidents claim thousands of lives each year—most of them young people—the Federal Road Safety Corps (FRSC) and Edutainment First International have launched a bold new initiative to change the narrative. On Thursday, August 14, both organizations hosted the maiden Road Safety Youth Hangout at the National Judicial Institute, Abuja.

 

FRSC Partners with Edutainment First International to Drive Road Safety Awareness in Nigeria

 

The event, held to mark United Nations International Youth Day 2025, brought together more than 300 participants, including members of the National Youth Service Corps (NYSC), students, youth leaders, and community representatives. Unlike traditional road safety campaigns, the hangout was designed as an interactive forum blending education and entertainment, where young Nigerians could learn, innovate, and commit to safer road practices.

 

 

According to FRSC data, young people remain the most vulnerable demographic in road traffic crashes across Nigeria—an urgent concern this initiative aims to tackle. Through storytelling, innovation, and collaborative problem-solving, the Road Safety Youth Hangout sought to transform young Nigerians into advocates for safety within their communities.

 

 

“This is not just about rules and regulations,” said one of the organizers. “It’s about equipping young people with the tools and the voice to change Nigeria’s road culture.”

 

Aligned with the UN’s 2025 theme, “Local Youth Actions for the SDGs and Beyond,” the program underscored the critical role of young Nigerians in advancing the Sustainable Development Goals (SDGs), particularly those connected to health, safety, and responsible citizenship.

 

 

By focusing on empowerment rather than enforcement, FRSC and Edutainment First International signaled a fresh approach to road safety: investing in the next generation as the real drivers of change. The belief is simple yet powerful—an informed and empowered youth population is key to reducing accidents and saving lives.

 

 

For many participants, the hangout was more than just an event; it was a wake-up call. With interactive sessions infused with music, drama, and dialogue, young Nigerians were challenged to reflect on their daily habits as road users and to embrace leadership as advocates for safer communities.

 

 

As one youth participant reflected:

“Road safety isn’t just the job of the FRSC. It’s our responsibility too—because we are the ones most at risk.”

 

The maiden edition of the Road Safety Youth Hangout may have ended, but the movement it launched has only just begun. Its message was unmistakable: Nigeria’s fight for safer roads must be youth-led, collaborative, and relentless.

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