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Increasing Trend of Fraud: CeBIH Set to Combat Fraud in Electronic Payment

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Compiled by: Dada Aanuoluwapo

To restore the confidence of consumers in the electronic Nigerian payment system, the Committee of e-Business Industry Heads (CeBIH) has stated its readiness to collaborate with private and public sector agencies to tackle electronic payment fraud in Nigeria. 

The Chairman of the CeBIH, Celestina Appeal, who stated this at a recent conference of the CeBIH, held in Lagos, said the fight against electronic payment fraud remained the responsibility of all.

According to her, the promotion of a unified front in combating fraud through active collaboration between providers of financial services, law enforcement agencies, the judiciary, and regulators has become imperative in restoring the confidence of consumers in the Nigerian payment system. 

She added that CeBIH would remain committed to leading the engagements and interactions with the identified partners to harness capabilities across the ecosystem in order to rid the Nigerian payment system of the menace of fraud. 

Other speakers at the conference agreed that the growing concern about the increasing trend of electronic and digital financial services fraud and the attendant leakage of monetary value in Nigeria`s payment value chain, requires the need for collaboration for an effective fight against electronic fraud, in line with the theme of the conference, – `Leveraging Ecosystem Synergy to Combat Fraud`. 

The conference brought together representatives from banks, the Central Bank of Nigeria, payment processing and conversion companies, the Nigerian Financial Intelligence Unit (NFIU), microfinance banks, commercial banks, payment services banks, payment terminal service providers (PTSPs), fintech, industry associations, and consulting firms, among others. 

The E-Commerce Industry Leadership Committee consists of e- and digital banking leaders in Nigeria with the primary objective of promoting digital financial services in line with global best practices and implementing appropriate public awareness policies, standards, technologies, and programs.

The committee members are responsible for implementing strategies to promote electronic and mobile payments across different banks in Nigeria.

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Anambra: Armed Men Set Fire to INEC Offices and Destroy Election Materials 

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Gunmen set fire to the Independent National Election Commission (INEC) office in Ogidi, South Idemili Local Government Area, Anambra State, destroying non-sensitive material for the year’s general election in 2023.

The Commission disclosed this in a statement by the Commissioner and Chairman of the Commission, the Information and Voter Education Commission, Festus Okoye, in Abuja.

Okoye said Anambra State Resident Electoral Commissioner (REC), Dr. Queen Agwu, reported that the incident happened in the early hours of Tuesday.

He said the building was significantly damaged because all furniture and other items, including non-sensitive materials that had just been delivered for the 2023 general election, were destroyed.

“Among the items lost in hell were 729 ballot boxes, 243 polling stations, 256 voting bags, 11 megaphones, a generator, and large quantities of indelible ink and bleach.”

“However, the uncollected Permanent Voters’ Cards (PVCs) were kept in an unobstructed fireproof cabinet.”

“Similarly, no sensitive documents were forwarded to the LGA office,” he said.

He said that, despite the despicable incident, INEC wanted to reassure the people of LGA that emergency arrangements would be made to replace the documents.

Okoye assured the people that the presidential election and the National Assembly will hold on February 25 as scheduled, and two weeks later the election for the State House of Representatives will hold.

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APC Legal Team Meets Osinbajo and Reviews Plans Ahead of the 2023 Election 

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Before the elections in February and March 2023, the Radical All Progressive Congress, the APC, the legal team, and other senior lawyers from the current administration met with the Vice President, Professor Yemi Osinbajo.

The meeting took place at the Presidential Villa after the weekly FEC meeting, seeking advice from the vice president to ensure adequate preparation before the election.

Two current ministers, Senior Advocates of Nigeria (SAN), Mr. Festus Keyamo and Mr. Babatunde Fashola, attended the meeting.

The ruling party’s current national legal adviser, Barr. Ahmed El-Marzuk, and his predecessor, Mr. Babatunde Ogala, SAN, as well as other party and government officials, were also present.

State House correspondents saw attendees at the vice president’s wing in the presidential residence, but no one spoke to the press.

However, it is understood that the discussion focused on planning and looking at the party’s preparations for the upcoming polls with the VP.

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2023: Rivers State People Already Know Who I’m Supporting — Wike

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Governor Nyesom Wike says the people of Rivers State already know the candidate he wants them to vote for in the February 25, 2023, presidential election, stressing that those expecting him to make a public declaration on his choice of a candidate would wait in vain.

In Port Harcourt, for the Rivers Peoples Democratic Party (PDP) campaign rally for Port Harcourt City Local Government Area, Wike also accused the Commissioner of Police, CP Okon Effiong, of shying away from checking perceived infractions on election campaigns by opposition parties in the state.

Apparently reacting to the 2015 Rivers All Progressives Congress governorship candidate, Dakuku Peterside, who challenged him to declare his preferred presidential candidate, Governor Wike said he has never promised to make a public declaration on who to support for the president.

He said, “I never told anybody I would face cameras to announce to you this is who we will vote for.” I promised to tell the Rivers people who they should vote for. I did not state the method of telling it. I did not say I would hold live coverage to declare it.

“And Rivers residents are already aware. Are you not aware? So “mumu” people who never win in politics are expecting me to make a live declaration that we’re now going for Joseph (hypothetically).

“Far from it. But you (the Rivers people) are aware. Have we not said it? I’ve told people who don’t know. In G-5, we are fighting guerilla warfare. “The more you look, the less you see.”

On the perceived indifference of the CP Rivers Police Command to alleged infractions in campaigns by opposition parties in the state, Wike warned CP Okon that he would take over his job and unleash Neighborhood Watch, the state’s established community policing outfit, on opposition parties.

He said of the CP, “You are the one making them (the opposition parties) break the law.” We will take over your work if you don’t. We will release our neighborhood watch. You cannot support people who are breaking the law.

“You know the truth of the matter; you are scared so that they won’t transfer you.” You can be transferred anywhere, any day. So you are neither here nor there. Your fear of being transferred will not save you. Do your work. Nobody should threaten you. Tell them not to push us against the wall.”

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