We will help you fight quackery, impersonation – Police, FRSC tell NUJ

The Commissioner of Police, Ekiti State Command, CP Michael Falade and the Ekiti Sector Commander of the Federal Road Safety Corps, FRSC, Corps Commander, Sanya Adeoye have pledged support for the State Council of the Nigeria Union of Journalists, NUJ, in its quest to curb quackery and impersonation in the profession.

Speaking at a courtesy call in Ado Ekiti on Wednesday, the Commissioner of Police promised to provide the NUJ Anti-Quackery Task Force the necessary support required to clamp down on non-journalists who impersonate the men of the pen profession and engage in practices capable of undermining the integrity and credibility of the profession.

Falade who noted that the Police and Journalists have been partners in progress, assured of the Command’s readiness to collaborate with the Union within the ambit of the law.

While reiterating the commitment of the Command to maintaining an open-door policy and constructive engagement with the media, the Commissioner expressed gratitude to journalists in the state for their cooperation, professionalism and support in disseminating credible information and promoting public awareness on security and crime prevention.

Also speaking in his office, the FRSC Corp Commander, Sanya Adeoye hailed Ekiti journalists for helping the Corps command in disseminating information and sensitising the public on proper road usage.

Adeoye who stated that the Media has demonstrated that road safety is everybody’s business pledged the readiness of his Command to assist the NUJ in its quest to clamp down on indiscriminate use of the NUJ Stickers on vehicles.

He said while the FRSC accords the Union certain privileges, the partnership would help fish out non-journalists who use the press stickers to perpetrate heinous activities.

Earlier, the NUJ delegation led by the Union’s Vice Chairman, Olayinka Ilori and the Chairman of the Anti-Quackery committee, Abiodun Olofe solicited the support of the Police and the FRSC in enforcing a clamp down on people who impersonate journalists in the state.

US court convicts Nigerian over $2.7m romance scam money laundering

A 41-year-old Nigerian, Babajide Adesayo, has been convicted by a federal jury in the United States for laundering more than $2.7 million allegedly obtained from victims of romance fraud and other online scams.

The United States Department of Justice disclosed this in a statement published on its website on Wednesday, saying Adesayo was found guilty on August 6, 2026, after an eight-day trial.

Adesayo, who resides in Douglasville, Georgia, was convicted on two counts of conspiracy to commit money laundering and 16 counts of transactional money laundering.

According to the US Department of Justice, the offences were committed between April 2020 and September 2021 as fraudsters allegedly targeted elderly victims through online relationships.

The victims were reportedly deceived by individuals posing as friends, business associates or romantic partners before being asked to provide money for fabricated reasons, including business equipment, medical expenses, injuries and alleged imprisonment.

Court evidence showed that victims were directed to send substantial amounts of money, including retirement savings and other personal income, to business accounts linked to Adesayo’s co-defendant, Efemena Igbe, also a Nigerian national.

The Department of Justice said Igbe allegedly transferred most of the funds to back the payments as money for the purchase of vehicles from Adesayo’s automobile business.

Investigators said Adesayo subsequently transferred much of the money to overseas accounts in China, Hong Kong, Nigeria and other countries.

Over a period of 17 months, he allegedly received and moved more than $2.7 million belonging to victims of the fraud scheme.

The prosecution further alleged that Adesayo continued laundering money after his arrest in June 2024 while awaiting trial.

According to the US authorities, some victims sent money directly to accounts associated with Adesayo’s businesses, while others transferred funds to third-party accounts before the money was eventually routed to him.

The Department of Justice said Adesayo typically withdrew or transferred the funds shortly after receiving them.

His bond was subsequently revoked after authorities uncovered the alleged post-arrest activities, and he has remained in federal custody since March 2, 2026.

Adesayo is scheduled to be sentenced on November 20, 2026, before United States District Judge Mark H. Cohen.

The US Department of Justice said he faces a maximum sentence of 20 years’ imprisonment for each of the two conspiracy convictions and up to 10 years for each transactional money-laundering conviction.

He could also receive an additional consecutive sentence of up to 10 years for allegedly committing offences while on release.

The department noted, however, that the final sentence would be determined by the court after consideration of the United States Sentencing Guidelines, which provide recommended sentencing ranges but are not binding on the judge.

NEITI Audit: EFCC confirms N115bn statutory levies recovery from oil companies

The Economic and Financial Crimes Commission, EFCC, on Wednesday revealed that it has recovered over N115 billion in statutory levies owed to the Niger Delta Development Commission, NDDC, by defaulting oil companies between 2021 and 2023.

The amount, presented to the Senate Committee on Public Accounts, is made up of N76.883 billion and $81.076 million.

EFCC representative, Mr. Francis Oka-Phillips Usani, disclosed this during the committee’s probe of the Nigeria Extractive Industries Transparency Initiative, NEITI, 2021–2023 Oil and Gas Sector Audit findings.

Usani said 43 oil companies were investigated, out of which 24 operating within the Niger Delta were found to have outstanding liabilities.

“At the commencement of investigation, EFCC invited 43 oil companies out of which 24 operating within the Niger Delta, were found to have outstanding liabilities in the sums of N76,883,705,907.17 and $81,076,655.00 while the remaining 19 oil companies were given a clean bill of health,” he said.

He added that under pressure from the EFCC, some of the 24 companies paid directly to NDDC, totalling N6.709 billion and $16.994 million.

According to him, out of the total recovered, N73.373 billion and $67.070 million have been released to NDDC. The balance of N3.510 billion and $14.005 million remains in the EFCC recovery account.

Usani explained that the investigation focused on the 3% statutory levy due to NDDC as identified in the NEITI report, but noted that other unpaid statutory obligations and taxes to the Federal Government were not ignored.

After the EFCC presentation, the Senator Ibrahim Hassan Dankwambo-led committee rejected an attempt by TotalEnergies EP Nigeria Limited to defend queries raised against it due to under-representation.

The committee resolved that the Managing Director of TotalEnergies must appear in person next week. It also gave the Managing Directors of South Atlantic Petroleum Limited, Oando Oil Limited, Famfa Oil and Green Energy International Limited a “last chance” to appear physically.

Senator Dankwambo said the investigative session will continue on Thursday.

Rivers varsity student shot on campus, management suspends activities

A 100-level student of the Ignatius Ajuru University of Education, Rumuolumeni, Rivers State, has reportedly sustained gunshot injuries after suspected cultists opened fire on the university campus on Wednesday.

The incident occurred barely two days after suspected rival cult groups engaged in a shooting confrontation on the campus, heightening concerns over security among students and staff.

The earlier clash, which occurred on Monday, was reportedly linked to a supremacy dispute between suspected members of the Vikings and Ku Klux Klan cult groups.

Details surrounding Wednesday’s shooting remained unclear as of the time of filing this report.

However, a source familiar with the incident said the injured student had been taken to a hospital, where medical personnel were making arrangements for surgery to remove bullet pellets reportedly lodged in his body.

The source, who declined to disclose the identities of the student and the victim because of the sensitivity of the matter, said the victim’s friends were raising money to cover the cost of the procedure.

The source said, “His close friends were contributing money to raise funds for the surgery to happen.”

It could not, however, be independently established whether the student was affiliated with any cult group.

A video circulating on social media showed the injured student lying on a hospital bed before being carried into the university premises by some of his coursemates.

The Rivers State Police Command had earlier confirmed the Monday incident involving suspected rival cult groups.

The command’s spokesperson, Blessing Agabe, an Assistant Superintendent of Police, said the police were investigating the earlier confrontation.

When contacted about Wednesday’s shooting, Agabe confirmed that she had seen the circulating video, adding that she would obtain further information from the Divisional Police Officer responsible for the area.

She had yet to provide further details as of Wednesday evening.

Meanwhile, amid the security concerns, the management of the university announced the immediate suspension of all remaining activities scheduled for the Students’ Union Government Week.

In a statement issued in Port Harcourt on Wednesday, the institution’s Registrar, Dr Chinonye Ajie, directed students to resume normal academic activities on Thursday, August 13, 2026.

The management warned students against actions capable of disrupting their studies or threatening peace and security within the university.

The statement said, “This is to inform the Ignatius Ajuru University of Education Community that all remaining activities for the Students’ Union Government Week have been suspended by the University Management with immediate effect.”

It added, “Students are therefore advised to return to classes on Thursday, August 13th, 2026, for normal academic activities.”

The university further warned that students who failed to attend their lectures would be held responsible for their actions.

It also urged students to avoid conduct that could jeopardise their academic progress or undermine the peace and security of the institution.

UAE capital inflows jump 88%, businesses eye more

UAE capital inflows jump 88%, businesses eye moreNigeria could attract a larger share of investment from the United Arab Emirates if it sustains its economic and sectoral reforms, business leaders have said, as the UAE reported investing $71.32bn in Sub-Saharan Africa between 2021 and 2025.

Although the UAE did not provide a country-by-country breakdown, Nigeria’s capital importation from the Gulf nation jumped 87.8 per cent to $728.81m in 2025 from $388.01m in 2024, according to Nigeria’s National Bureau of Statistics.

The NBS data showed that Nigeria attracted $2.08bn in capital from the UAE between 2021 and 2025, rising to $2.28bn after adding the $194.51m recorded in the first quarter of 2026.

The development came as the UAE identified renewable energy, infrastructure and digital innovation as priority areas for long-term investment and sustainable development across Africa

The UAE Minister of State, Saeed bin Mubarak Al Hajeri, said the country viewed Africa as a strategic partner in its economic diversification agenda.

In a recent interview reported by The Nation, Al Hajeri said, “The UAE believes in the importance of building partnerships that are resilient, strategic, and aligned with long-term national priorities. In this context, the UAE sees its engagement and partnership across Africa as even more essential.”

He said the UAE had invested about $71.32bn in Sub-Saharan Africa between 2021 and 2025. He also said the UAE had committed more than $70bn to renewable and green energy projects across the continent through initiatives including Masdar’s $10bn programme and the Etihad 7 platform.

According to the official, the UAE was also expanding its investments in infrastructure and logistics through DP World and AD Ports Group, as well as through financing from the Abu Dhabi Fund for Development.

He said the investments would improve transport networks, reduce the cost of doing business, expand access to electricity, create jobs and promote technology and skills transfer across African countries.

Speaking to the relevance of foreign investment in Nigeria, the President of the Lagos Chamber of Commerce and Industry, Leye Kupoluyi, said Nigeria’s improving economic conditions could strengthen its position as an investment destination for the UAE and other foreign investors.

He said rising foreign reserves, greater economic stability and Nigeria’s large youthful population could improve investor confidence.

“Generally, when you look at the world economy, if money is a plant that you have to plant, definitely it will grow better in Sub-Saharan Africa, no doubt. When you look at the return on investment and the growth generally, you know that some of those countries in Europe, which I won’t mention, are having negative growth. When their growth is not negative, it’s contagious,” Kupoluyi said.

He added, “But you see a country like Nigeria, let’s face it, in the last few years, there has been stability; our foreign reserves have grown; those are the things that create confidence in any economy. There is no doubt there is more confidence in the Nigerian economy, actually, for foreign direct investment.”

Kupoluyi said Nigeria’s demographics also gave it an advantage over ageing economies in other parts of the world.

“Secondly, you know the population is now to our advantage. Why? We have more people like you in Nigeria than me. In other words, the population demography for the youth is more than for the elderly, which means that the environment is vibrant. I think it’s just like another one; it’s an investment choice,” he said.

The LCCI president said investors would continue to compare the returns available in Africa with those in mature economies when deciding where to deploy capital.

“Will I put my $1m for an investment in Africa? Or will I put the $1m in an investment somewhere else in Europe? Where will this money go? To grow better in Africa, no doubt. Possibly that is why they have this appetite for investing in Africa,” he said.

Despite the caveat, NBS data showed a clear upward trend in UAE-linked capital importation into Nigeria in the period under review. Capital inflow from the UAE fell by 21.2 per cent from $357.46m in 2021 to $281.78m in 2022, before rising by 16.6 per cent to $328.48m in 2023.

It increased by 18.1 per cent to $388.01m in 2024 and surged 87.8 per cent to $728.81m in 2025. Nigeria subsequently recorded $194.51m in capital importation from the UAE in the first quarter of 2026.

The figures put total UAE-linked capital importation at $2.08bn over the five years from 2021 to 2025 and $2.28bn when Q1 2026 is included.

NGX sheds N1tn on sell-offs in BUA Foods, banking stocks

NGX sheds N1tn on sell-offs in BUA Foods, banking stocksThe Nigerian equities market displayed notable volatility during trading on Wednesday, closing on a downward trajectory. The benchmark All-Share Index retreated to 243,967.09 points, down from Tuesday’s reading of 246,723.57.

Overall equity market capitalisation mirrored this decline, shedding over N1.76tn to settle at N157.49tn. Throughout the trading week, the index touched a high of 248,529.75 points on Monday before dipping to its weekly low on Wednesday.

Systemic monetary policy settings provided the macro backdrop for these movements, with the Central Bank of Nigeria maintaining its Monetary Policy Rate at 26.50 per cent. Market indicators across key indices reflected broad-based selling pressure, particularly within large-cap and sector-specific tracks.

The NGX 30 Index contracted to 8,941.01 points, while the NGX Premium Index dropped to 28,733.69. Similarly, the NGX Main-Board Index slid from 11,133.93 points on Tuesday to 10,962.60 points.

Sectoral performance was predominantly dominated by losses, with consumer goods experiencing significant headwinds. The NGX Consumer Goods Index witnessed a sharp drop, falling to 4,106.48 points from 4,319.51 in the previous session.

A major drag in this sector came from BUA Foods Plc, which suffered a maximum daily loss of 10.00 per cent to close at N760.60 per share, alongside Unilever Nigeria Plc, which dropped 9.97 per cent to end at N131.40 per share.

The banking sector also succumbed to moderate downward revaluation, as the NGX Banking Index softened to 2,560.67 points. Key commercial banking institutions recorded declines, including Access Holdings Plc, which fell 3.01 per cent to N27.40, and United Bank for Africa Plc, down 2.15 per cent to N45.45. Zenith Bank Plc recorded a 1.34 per cent drop to close at N124.80, while Fidelity Bank Plc shed 2.27 per cent to finish at N21.50 per share.

Despite the general downturn across major financial stocks, select banking equities bucked the market trend with strong gains. Ecobank Transnational Incorporated emerged as one of the top performers on the exchange, soaring 9.93 per cent to close at N71.40. Non-interest lender Jaiz Bank Plc and tier-two operator Wema Bank Plc also recorded positive momentum, gaining 2.33 per cent to reach N8.80 and 1.58 per cent to reach N28.95, respectively.

Insurance equities demonstrated resilience, pushing the NGX Insurance Index up to 1,152.13 points from Tuesday’s level of 1,144.06. Gains were driven by International Energy Insurance Plc, which locked in a 10.00 per cent surge to N4.40, and Cornerstone Insurance Plc, which rose 6.80 per cent to N5.50. Veritas Kapital Assurance Plc and Sovereign Trust Insurance Plc also added value, gaining 6.25 per cent and 4.21 per cent to close at N1.36 and N1.98, respectively.

Industrial goods and oil and gas counters exhibited mixed-to-stable performance during the daily session. Dangote Cement Plc remained unchanged at N1,034.00, while HBM Nigeria Plc slipped 2.48 per cent to N350.00, drawing the NGX Industrial Index down to 10,457.71 points. In the energy sector, Seplat Energy Plc and Aradel Holdings Plc held steady at N11,363.90 and N1,526.80, respectively, whereas Eterna Plc gained 1.39 per cent to close at N36.50.

In total market trading activity, investors executed 39,031 deals across the equity market, exchanging over 1.45 billion shares. The total value traded in the insurance sub-sector stood out due to heavy volume, primarily led by Fortis Global Insurance Plc, which traded over 853 million shares, and Universal Insurance Plc, which generated a volume of over 251 million shares. The ICT sector contributed substantial turnover through Chams Holding Company Plc, which recorded nearly 40 million traded shares.

Growth and specialised board securities showed active engagement from retail and institutional participants. On the Growth Board, waste management company The Initiates Plc advanced 2.29 per cent to N26.80 on a volume of 3.8 million shares.

Meanwhile, exchange-traded funds logged 862 trades across 391,023 units, where the Stanbic IBTC ETF 30 recorded a notable 6.95 per cent gain to close at N2,299.98 per unit.

Fixed-income securities on the Nigerian Exchange remained quiet on the secondary market front, with fixed-rate sovereign and corporate bonds recording zero trades across almost all series. The NGX Sovereign Bond Index remained unchanged at 668.35 points. The only debt transaction recorded during the trading session occurred on the Non-Interest Finance Board, where a single deal in TAJ Sukuk Series 2 involved 100,000 units valued at an adjusted price of N97.00 per unit.cover

FG proposes 5% turnover fines for erring oil companies

Nigerian Midstream and Downstream Petroleum Regulatory Authority logoThe Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, is proposing fines of up to five per cent of the annual turnover of petroleum operators found guilty of serious anti-competitive practices in the midstream and downstream sectors.

This was disclosed in the draft regulations of the proposed Midstream and Downstream Petroleum Prevention of Anti-Competitive Practices and Behaviour Regulations, 2026, analysed by our correspondent on Wednesday.

Under the proposed regulations, companies involved in serious offences such as price-fixing, bid-rigging, market allocation, abuse of market dominance and other conduct capable of causing significant harm to competition could be fined between three and five per cent of their annual turnover.

Persistent or serious offenders may also have their licences suspended or revoked, while the Authority may impose daily penalties on operators that fail to comply with its orders or continue prohibited conduct after being directed to stop.

The draft regulation states, “Where the Authority determines, after investigation and due process, that a licensee or any other person has engaged in anti-competitive conduct or breached any provision of this Regulation or the Act, it may impose administrative fines as provided herein.”

It further states, “The maximum administrative fine shall not exceed five per cent of the annual turnover of the offending undertaking for the preceding financial year.

“For purposes of these regulations, ‘annual turnover’ means gross revenues or sales derived from the regulated business activities in Nigeria. Where multiple entities or group structures are involved, the Authority may consider the turnover of the group, subsidiary, or segment most directly involved in the infringement.”

The proposed framework classifies competition infringements into three categories, with Category A covering severe offences, Category B moderate offences and Category C minor or technical breaches.

Category A offences attract indicative fines of between three and five per cent of annual turnover. They include cartel agreements involving price-fixing, bid-rigging and market allocation, as well as abuse of dominance with foreclosure effects, such as predatory pricing and refusal to supply an essential facility.

Aggravating factors would include repeat offending, obstructing an investigation, having a large market share or causing significant harm to the market. Mitigating factors include voluntary self-reporting, cooperation beyond legal obligations, early termination of prohibited conduct and an established compliance programme.

Category B offences attract fines of between one and three per cent of annual turnover and include exclusive dealing without clear foreclosure, tying or bundling with minor market harm and unfair discrimination between trading partners.

Category C offences could attract fixed penalties ranging from N5m to N50m or less than one per cent of turnover. These include failure to submit required competition reports, delays in submitting compliance reports and inadvertent data omissions or misstatements.

An operator that fails to comply with a final cease-and-desist order could face a daily penalty of between N5m and N25m until compliance is achieved. The proposed rules provide, “Where a licensee or person fails to comply with an order or directive of the Authority, a daily penalty may be imposed for each day the violation continues.”

Where a prohibited practice continues after a final order, the daily penalty could rise to between N10m and N50m. Before imposing a fine, the NMDPRA would issue a Notice of Intention to Fine setting out the facts and findings, the nature of the infringement, the basis for calculating the proposed fine and the proposed deadline for payment.

The affected operator would have at least 30 days to make written representations or request a hearing.

It states, “Before imposing a fine, the Authority shall issue a Notice of Intention to Fine, specifying: (a) The facts, findings, and nature of the infringement; (b) The basis for the proposed fine, including its calculation; and (c) The proposed deadline for payment. The respondent shall be granted no fewer than 30 days to make written representations or request a hearing.”

The proposed framework also extends accountability to individuals who knowingly participate in serious anti-competitive practices. Directors, managers and officers could face personal sanctions, including referral to the Federal Competition and Consumer Protection Commission for personal liability under the Federal Competition and Consumer Protection Act.

Persistent or serious violations could also result in the suspension or revocation of an operator’s licence or permit. Operators would generally be required to pay penalties within 30 days of a Final Penalty Order. The framework preserves the right to appeal, while unpaid fines would constitute debts recoverable by the Authority.

Meanwhile, stakeholders and operators have up to 21 days to submit comments, approval or objection on the proposed regulations, in compliance with Section 216(1) of the Petroleum Industry Act 2021, which requires stakeholder consultation before regulations are finalised.

SEC fixes 5pm T+1 Dettlement Deadline For Equities, Commodities

The Securities and Exchange Commission (SEC) has fixed 5:00 p.m. on the first business day after a transaction (T+1) as the settlement deadline for equities and commodities traded and settled through the Central Securities Clearing System (CSCS).

 

The Commission made this clarification in a circular issued on Wednesday to capital market operators and other market participants as part of the implementation of the T+1 settlement cycle in the Nigerian capital market.

 

According to the SEC, all transactions in the affected securities must be fully paid by 5:00 p.m. T+1 to ensure compliance with the standard Delivery versus Payment (DvP) settlement procedure.

 

It warned that where a broker/dealer’s trading account is not adequately funded to meet its settlement obligation within the prescribed period, the default would be managed in line with the CSCS Default Management Procedure and the applicable transaction settlement guidelines of the relevant exchange.

 

The Commission also clarified that foreign portfolio investors are not required to prefund their accounts for trades in the Nigerian capital market.

 

However, it said capital market operators facilitating transactions on behalf of foreign portfolio investors must establish and maintain appropriate controls and processes to ensure timely funding and completion of settlements within the prescribed timeframe.

 

The clarification follows earlier SEC circulars on the implementation of the T+2 settlement cycle for equities transactions, issued on June 3, 2025, and the transition to the T+1 settlement cycle, issued on May 15, 2026.

 

The T+1 cycle means that eligible securities transactions are settled one business day after the trade date, reducing the period between execution and final settlement.

 

The SEC said the transition represents a significant milestone in its efforts to build a more efficient, resilient and internationally aligned trading and post-trade environment.

 

It added that the shorter settlement cycle would improve settlement efficiency, reduce counterparty risk, enhance liquidity and strengthen the competitiveness of the Nigerian capital market.

 

According to the Commission, the reforms would ultimately improve the attractiveness of the Nigerian market to both domestic and international investors.

Osun election: Wait for Trump to help your uncle win – Bashir Ahmad mocks Davido

The spokesman of the City Boys Movement, Bashir Ahmad, has again mocked Afrobeats superstar David Adeleke, popularly known as Davido, ahead of the governorship election in Osun State.

In a post on his verified X handle, Ahmad asked the singer to wait for US President Donald Trump to deploy troops to help his uncle win the election.

This came after the singer, on Tuesday, called on Trump to pay attention to the August 15, 2026, governorship poll in the state.

Reacting, Ahmad, a former presidential aide, said, “Will you not wait for President Trump to send troops and help your uncle win the election?”

DAILY POST recalls that the duo have been engaged in an online war against each other in recent times.

Ahmad had expressed confidence that the singer would return to X to lament the outcome of the governorship election.

Osun election: Atiku raises concern over alleged plan to use outdated BVAS

Presidential candidate of the African Democratic Congress, ADC, Atiku Abubakar, has expressed concern over the alleged planned use of outdated Bimodal Voter Accreditation System, BVAS, devices during Saturday’s governorship election in Osun State.

In a statement issued by his media office, Atiku said the challenges recorded during the August 1, 2026, mock accreditation exercise in Osun, coupled with comments made by the Independent National Electoral Commission, INEC, Director of ICT, Dr Lawrence Bayode, had exposed what he described as shortcomings in the election technology.

Speaking on Arise Television on Monday, Bayode disclosed that BVAS, first introduced for elections in 2021, currently operates on Android Version 10.

Reacting to the disclosure, Atiku said, “What the INEC ICT Director did not say, however, is that Android Version 10 is outdated, as it reached end-of-life status in 2023, meaning that it is no longer receiving updates or security patches.”

According to him, operating a critical election platform on an outdated system posed significant cybersecurity and operational risks.

The former vice president questioned why INEC had not upgraded the BVAS software despite its budgetary allocations, particularly ahead of the 2027 general election and ongoing off-cycle polls such as the Osun governorship election, which could have served as a testing ground for updated technology.

He described INEC’s handling of the issue as suspicious, suggesting that it could undermine confidence in the electoral process.

“This vulnerability could allow criminal elements or hackers to bypass the BVAS application entirely, gain root access to the device’s file system, and potentially alter cached voter logs or polling unit result files before they are transmitted,” Atiku stated.

He further warned that because BVAS devices transmit polling unit results through public telecommunications networks to the INEC Result Viewing (IReV) portal, outdated software could increase exposure to cyber threats.

“Outdated cryptographic foundations elevate the risk of man-in-the-middle (MitM) attacks, where sophisticated actors could intercept, block, or manipulate data packets over the air,” he said.

Atiku also raised concerns about the biometric capabilities of the system, noting that reliance on an outdated framework could weaken fingerprint and facial recognition functions.

According to him, the situation could make the system more vulnerable to spoofing techniques, including fingerprint- and photo-based bypass attempts.

He added that unresolved software bugs and memory-related issues in older operating systems could trigger application failures during peak voting periods, leading to accreditation delays and technical disruptions.

The ADC presidential candidate backed calls by cybersecurity experts for a comprehensive review of the technology, stating: “Running critical national infrastructure on an end-of-life operating system creates a broad attack surface.

“To safeguard election integrity, it is vital to perform an independent, comprehensive code and hardware audit of the BVAS devices.”