EFCC ARRAIGNS AUSTRIAN FOR UNDECLARED $800,585, €651,505 AT LAGOS AIRPORT. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns Austrian For Undeclared $800,585, €651,505 At Lagos Airport The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 2, Okotie Eboh, Ikoyi, Lagos, on Friday, January 9, 2026, arraigned one  Kavlak Onal, an Austrian national arrested by the Nigeria Customs Service, NCS, for allegedly failing to declare the sums of $800,575 and €651,505 in his possession. He was arraigned before Justice Yelim Bogoro of the Federal High Court sitting in Ikoyi , Lagos.  Onal who was scheduled to travel on Emirates Airline to Dubai, was on Tuesday, December 16, 2025 intercepted  during a routine check at the AML/ CFT Currency Declaration Desk at the Murtala Muhammed International Airport, Ikeja, Lagos.
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CONGRATULATIONS, NIGERIA SHOULD NOT BORROW IF ECONOMY IS STABILIZING – PETER OBI TELLS TINUBU. (PHOTO).

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 Congratulations, Nigeria should not borrow if economy is stabilizing – Peter Obi tells Tinubu


Former Labour Party presidential candidate, Peter Obi has congratulated President Bola Tinubu following his claim that Nigeria has achieved its revenue target for the year.


Speaking on Tuesday, Tinubu had said Nigeria has met its revenue target for the year and his administration is currently stabilizing the economy.


However, Obi noted that Nigeria should not be borrowing and citizens should feel the impact in their daily lives if the economy is stabilizing.


In a post on X titled ‘What does Achieving Revenue Target mean to Nigerians?’, Obi wrote: “The President has announced that our nation’s revenue target for the year has now been achieved by August, which could mean a stabilising economy.


“Congratulations Mr. President. But Mr. President, if indeed the economy stabilises as you declared, then Nigerians must feel it in their daily lives.


“Borrowings must stop now. Huge Contractors’ bills, which are still owed should be paid, and critical underfunded projects must now be funded.


“Our educational facilities and hospitals are still in terrible condition. True economic stability is not in figures announced at press conferences, but in classrooms where children learn, in well-equipped labs and access to learning tools, in hospitals, where citizens can receive quality care, equipped with adequate facilities.”

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