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Speaker 1: Nigeria, President Bola Ahmed Singobo has directed the Economic and

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Financial Crimes Commission e f c C to release fifty

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billion mires of recovered needed funds to finance the student’s

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loan scheme.

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Speaker 2: This was made loan a few minutes ago.

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Speaker 1: In the new statement issued by the Economic and Financial

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Crimes Commission e f C cingar reactend to public outpred

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that the Commission had donated the said money into the

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Nigerian Education Loan Fund new fund. According to EXCC President

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Bola Ahmed Singobol, who is currently in Malabo, the capital

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of Equatorial Guinea, for a three day official visit, considered

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to invest the money in the most vulnerable segments of

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the Nigerian population. President Singboo’s aircraft touched down at the

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Presidential winner of the Malabo International Airport at about sold

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seventy m local time on wed and was received by

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the Prime Minister of the country, Manuela Rocabote on arrival.

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President Singoboo’s visits is at the invitation of his Equatorial

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Guineaan counterpart, President Theodora Ubian Mugema of Basogo. According to

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TVC News reports, he had seen cis said the money

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was never a donation from him, soon now found rather

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it acted based on the President’s directive. He hath c

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C statement raised us. The Economic and Financial Crimes Commission

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e f c C wishes to clarify the reports in

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the section of the media to their burgers fourteen twenty

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twenty four for porting that the Commission donated fifty billion

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narras to the Nigerian Education Loan Fund new.

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Speaker 2: Fund from its recovery accounts.

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Speaker 1: The said fund was not a donation by the Commission

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got part of the recovered process of crime limitted to

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the government. President Paula Ahmed Seugu, in furtherance of his

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social intervention policy for the most vulnerable segments of the population,

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decided in his wisdom to plout the money into funding

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the critically acclaimed Students Loan Scheme. It is not the

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place of the Commission to determine where the government’s committ

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recovered proceeds of crime, whith the Students Loan Scheme is

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a salutary mary innovation which has the potential to reduce

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youth involvement in criminality.

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Speaker 2: As the Commissioner’s charmer.

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Speaker 1: Alla Uluka had disclosed during a contessive visits to the

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Commission by the Nelphones Managing Director and.

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Speaker 2: Chief Executive Officer, Mister.

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Speaker 1: A kington De Sawyer on August thirteen, twenty twenty four

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that the et ces he will monitor the use of

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the funds to ensure accountability and the realization of the objectives.

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Speaker 2: Of the scheme.

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Speaker 1: On lukoyadea commands Tilubo on Nelphone calls for transparency in

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these bossments. The Executive Chairman of the Economic and Financial

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Crimes Commission ETCCI, Mister Allah Oukoyde, has applauded President Bolla

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Ahmed Singbo on his initiative regarding the Nigerian Education Loan

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Fund never FOND, describing it as a policy issued to

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tackle corruption. He gave the commendation in Abuja on Tuesday,

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August thirteenth, twenty twenty four, while receiving the Managing Director

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and Chief Executive Officer Neverphone, Mister kington De Sawyer, who

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came with his management team to the corporate headquarters of

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the e FCC on a costcy visits. When Koyade pointed

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out that inability of many parents to fund the education

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of their children had always been a predisposing fatal of corruption,

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making students vulnerable to all forms of economic and financial crimes.

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This inducement to corruption, he said, would no longer stand

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with the nelphuond’s intervention through the presidents. One of the

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main incentives to cyber crimes is the inability of parents

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to fund the education of their children. Nelphound is a

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policy issue against crimes. President sing who should be commended

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for initiating the fund, he said. The e s c

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c’s was called on the management save of nelphunds to

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be sensitive to the trust reposed in them, warning that

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the SCC would leave Newstone and turned to a chief

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transparent handling of the fund. Let your hands be clean,

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I repeat, let your hands be clean. The what entrusted

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to you is going to help the e SCC fight corruption.

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Let your system and processes be transparent, he said. O

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nu Koya get father explained his desire for accountable handling

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of Nelphond was informed by passion for transparency and not

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any threat of any kind. Hevald that the e FCC

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would do everything to prevent the reluting of the fund.

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I will fight to ensure that money pulled together to

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support nelphone is not relooted. We want your management to

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be given reports of your disbursement to the e FCC. Continuing,

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he advised Sawyer, don’t sign what is not clear to you.

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Don’t give in to any pressure. Let your staff know

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that there is no money to share. He called on

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Nigerians to rally round the management of nelphunds to ensure

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that the schemes of seeds. Nigerians should come together to

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ensure that the programs of seeds. It is our duty

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to help the presidents of Seed, he said. In his remark,

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Sawyer explained that Nelpound was a laudable program designed to

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provide funding for education of indigent students. He decried the

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neg lets of youths over the years which made them

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to be backward in their education pursuits. The youths constitute

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the most populars restive both neglected segments of our population.

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President Cynego identified this as a major problem and put

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in place a major solution to address the issue. He

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said he appreciated the e FCC for the fifty billion

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larrors injected into nelphund from the proceeds of crime recovered

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by the Commission. We are aware of the funds from

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the proceeds of crime extended to new fund.

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Speaker 2: We are here to express our gratitude for the gesture.

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Speaker 1: We also want the e f c C to exercise

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oversights on what we are doing, he said on U

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Koyage’s astutes on transparency accountability. The Executive Chairman of the

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Economic and Financial Crimes Commission ETHCC, Mister Allah Alukoyde, has

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charged students across the country to imbibe the virtues of transparency,

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accountability and integrity and to show all forms of corruption,

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economic and financial crime.

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Speaker 2: He gave the charge on.

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Speaker 1: Monday August twelfth, twenty twenty four, while addressing the students

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of EPITOL Model Islamic Schooling and Events at twelfth Teenagers

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Workshop organized by Alhabibia Islamic Society for teenagers with focus

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on position in the youth on the.

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Speaker 2: Path of anti corruption lifestyle.

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Speaker 1: One U Koyader, who was represented by the Head Enlightenment

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and re Orientation of the Commission Assistant Commander of the

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SEC as To Aisha Muhammad, stated that transparency revolved around accountability, responsibility,

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openness and honesty. You can say transparency is being open

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and honest. Accountability is the willingness to account for one’s actions,

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while integrity is the quality of being driven by imoral principles.

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Accountability ensures that individuals and institutions take responsibility for their actions.

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It promotes anserability and explanations for decisions and behaviors.

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Speaker 2: In the FCC, we said, integrity.

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Speaker 1: Is doing the right thing even when no one is

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wor you, he said, while charging the students to keep

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away from financial advices. O Lukoya Dae explained that the

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business of the SCC was to investigate and prosecute cases

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of corruption, economic and financial crimes and to prevent them

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from evun occloring. That is why we have come to

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talk to you right now to ensure that you keep

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away from corruption, he said.

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Speaker 2: She is Superintendents of the SCC.

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Speaker 1: C SE Catherine will Keeke her old the students to

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join Haunds with the Commission in the anti corruption fights

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to make Nigeria a better class for all. We have

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to make Nigeria better. That is the message that we

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brought to your school this morning. The message of anti

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corruption fight, transparency, accountability and integrity necessary to make you

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become good citizens of the country.

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Speaker 2: She said. On his part, Deputy Superintendents of the SCC.

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Speaker 1: He is the advisor Bubaka chart the students to embrace

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integrity as their moral.

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Speaker 2: Compass in all they do.

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Speaker 1: Learn to say something when you see some, and do

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not steal or covet what is not yours. Whoever says

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something that is not right should correct it using his hands.

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If he cannot, he should use his mouth to speak

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against it, and if he cannot, he should get that

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wrong in his heart. He said Hadria Rafat Salami, who

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spoke on behalf of the management of the school MS.

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He sec for the engagement with the students and the

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good working relationship the school has with the commission Sas

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Lady green Day

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Speaker 2: You need in a Morgage way,