Articles

  • 22 hours ago | thecable.ng | Taiwo Adebulu

    Abdulrasheed Bawa, the former chairman of the Economic and Financial Crimes Commission (EFCC), says Nigeria lost $450 million to subsidy fraud under the Petroleum Support Fund (PSF) scheme between 2006 and 2012. In his new book, ‘The Shadow of Loot & Losses: Uncovering Nigeria’s Petroleum Subsidy Fraud’, Bawa documents the massive fraud that marred the scheme. Bawa served as the chairman of the anti-graft agency from February 2021 to June 2023.

  • 1 day ago | thecable.ng | Taiwo Adebulu

    When stories of the petrol subsidy fraud appeared on the pages of newspapers, they were told mostly with sketchy details, with the crux of the narrative centring on the trials and convictions of the indicted oil marketers. But little was known about the gravity and tricky details of the fraud that milked the nation’s treasury.

  • 3 days ago | thecable.ng | Taiwo Adebulu

    Fresh details have emerged on how Oluwaseun Ogunbambo, a Nigerian businessman and managing director of Fargo Petroleum and Gas Ltd, forged several documents to claim N3.7 billion in a petrol subsidy fraud.

  • 3 days ago | thecable.ng | Taiwo Adebulu

    The Brain Builders Youth Development Initiative (BBYDI), a non-governmental organisation, has warned that if urgent action is not taken, AI might become the new frontier for digital gender-based violence, pushing women further into fear, silence, and invisibility.

  • 1 week ago | thecable.ng | Taiwo Adebulu

    Wild Africa and the World Parrot Trust, conservation organisations, have called for stronger protection of parrots in Nigeria. In a joint statement on Saturday to mark World Parrot Day, the environmental organisations said the illegal trade of different parrot species in Nigeria threatens their existence. The organisations said parrots, especially the African grey parrot that was once common in Nigeria’s forests, are quickly disappearing due to decades of trapping and trafficking.

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Taiwo Adebulu
Taiwo Adebulu @taiween
4 May 25

RT @thecableng: TheCable documentary on $1.3bn Malabugate showing on TVC at 9pm tonight | TheCable https://t.co/NOCP30PlNy https://t.co/s7r…

Taiwo Adebulu
Taiwo Adebulu @taiween
3 May 25

RT @thecableng: FORTUNE IN FLAMES: 25 incidents in 5 months — what’s sparking Nigeria’s market fires? | TheCable   https://t.co/6wophNwkrM…

Taiwo Adebulu
Taiwo Adebulu @taiween
27 Apr 25

RT @thecableng: OPINION BY SIMON KOLAWOLE: Defections and other matters arising | TheCable https://t.co/39nWYSZqCk https://t.co/4lbPNDthUn