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Senate Threatens to Arrest Glo Boss, Others over N30Trn Probe

Senate has threatened to issue warrant for the arrest of Chief Executive Officer of Glo Mobile and other firms that failed to honour its invitation on alleged complicity in N30 trillion revenue probe.
The Senate gave the 16 companies which failed to appear before its committee a deadline of Thursday to honour the invitation or risk being arrested.
The CEOs of British American Tobacco Company, CCEC Nigeria Limited, Dana Group, African Wire and Allied Limited, Admiral Overseas Nigeria Limited and Aarti Steel Nigeria Limited were equally issued the warning.
Others are Gagsel International, Fries Land Capina, Etco Nigeria Limited, Encounter Limited, Edic Chemicals & Allied Distributors Limited, Don Climax Group, De United Foods
Senator Hope Uzodinma, chairman of the Senate Joint Committee on Customs, Excise and Tariff and Marine Transport, gave the warning at an investigative meeting with some of the firms on Wednesday in Abuja.
He said the refusal the firms to honour the invitation was a disrespect for the institution of the National Assembly and would not be tolerated.
He said out of the 30 firms invited between Tuesday and Wednesday, only 14 honoured the invitation and appeared before the committee.
According to him, the CEOs are expected to cut short whatever engagement they had to honour the invitation in view of the magnitude of the investigation.
“It is only in Nigeria that the Senate will invite an entity for an interactive session, particularly in a case that bothers on investigation, financial mismanagement, infractions and the company will be complacent.
“The companies will not be willing to come or sometimes send junior officers.
“I have directed, and we are working with security agencies, that any company that is invited and has something to explain and refuses to appear, we will issue a warrant for such persons to be arrested.
“We are giving them the final opportunity to appear and if they fail, we will issue a warrant.
“In this investigation we are working with the Nigeria Police Force.
“This is because we are using their facilities to process some of our data so that the information we will present to the public will be information with high integrity that will not be questioned by anybody.
“We have directed that they must come tomorrow, Thursday unfailingly,” he said.
Addressing the firms who were present at the meeting, Uzodinma said they would be given documents arising from the investigation carried out by the committee to study and comply.
He said the documents specified the various forms of infractions carried out by each of the firms involved in the import and export value chain.
Uzodinma explained: “We have put everything in different categories and for Category One, it is unutilised Form M. You applied for Form M and approval and allocation were given.
“But rather than import with the allocation, God knows what happened because you did not do that.
“Then pre-arrival assessment report that was issued. You abandoned them yet you took your goods. We do not know how you took the goods away and the money is still open in the data base.
“Then Single Goods Declarations (SGDs) which you people did by yourself then abandoned and yet collected your goods.
“These are all indicated in the documents we have handed over to you.
“So, if there are such legitimate approvals, we want to see a copy otherwise we will assume that they were not cancelled in which case we will be expecting you to make payment.
“Then classification. We have cases where a pre-arrival assessment is carried out and a particular item is classified under a particular HS (Tariff Handbook) Code.
“When you now go to SGD if it is a classification of 35 per cent you see that you declared five per cent instead of the 35 per cent that was issued to you.
“So, we have worked out the difference unless there is evidence that what you shipped were no longer what came to Nigeria which we doubt.
“Then wrong classification is another category. That one deals directly with those bringing vehicles with reverse gear and you declare them as CKD.
“For instance Dag Motorcycle Industries Limited, when you bring in tricycle which has reverse gear, there are cases where they are classified wrongly.
“All these must be submitted by Monday so that by Wednesday we will be able to deal with definite figures on what amount of money that should be expecting to receive as unutilised foreign exchange allocation.”
The lawmaker expressed concern that most approved Form Ms were not given to genuine users, leading to increasing exchange rate.
He said the committee would ensure that foreign exchange was given to genuine importers to strengthen the Naira against foreign currencies as well as improve employment opportunities among other benefits.
He stressed that the committee was extending its investigation to the operation of Trade Free Zone Agreement.
Uzodinma said “most of you who have been importing in the name of trade free zone. Under that policy you know you have to do 30 per cent value addition.
“But we have identified all the trade free zones that imported finished goods and those goods did not even get to the trade free zones.
“The goods ended up in the various ware houses in Apapa and when they make the money, because there is no documentation they have surplus Naira.
“With the surplus Naira, they in turn buy dollar at any rate and in the process kill our local manufacturers who really want dollar to be able to do their businesses.”
The Joint Committee on Customs, Excise and Tariff and Marine Transport had been mandated to carry out a holistic investigation into alleged N30 trillion revenue leakages in Forex and the entire import and export value chain between 2006 and 2017.
The committee has so far met with all indicted commercial banks as well as government agencies and is currently meeting with the companies alleged to be involved in the corruption in the system.
News
Google, UpSkill Universe Relaunch Hustle Academy to Bring Free AI Skills to Africans

Google and UpSkill Universe, Sub-Saharan Africa’s leading AI and business skills training partner, have announced a major redesign of the Google Hustle Academy programme.

For the first time, the free training initiative is open to everyone, not just business owners. The new curriculum is focused on equipping individuals and entrepreneurs with practical AI skills.
Small businesses are the engine of Africa’s economy, creating over 80% of jobs on the continent. To help them grow, the Hustle Academy was launched in 2022, providing bootcamp-style training on business strategy, digital skills, AI, and leadership. The program has since trained over 18,000 SMEs, with many reporting increased revenue and job creation.
Now, as AI reshapes the job market, the program is evolving. The 2026 edition is built for anyone in Sub-Saharan Africa, including employees, students, and jobseekers, who wants to use AI to advance their career.
To meet the needs of a diverse audience, the new format includes short, 60-minute webinars and more immersive, high-impact bootcamps. These sessions are laser-focused on putting AI to work immediately in areas like digital commerce, marketing, and growth strategy.
Speaking about the academy, Gori Yahaya, Founder & CEO UpSkill Universe said “The 2026 Hustle Academy is designed to close the AI Skills gap with hands-on training that is short, focused, and immediately useful. AI is reshaping how businesses win and how careers are built, right across this continent.
“We’re excited to renew our partnership, now in its fifth year with Google, combining their global AI leadership with our deep regional AI expertise. The next wave of AI leaders will come from this continent. We are making sure they are ready.”
The Hustle Academy initiative has strengthened digital competitiveness across emerging African economies by enabling SMEs to move beyond AI awareness to practical implementation, positioning them for sustained growth in an increasingly AI-driven business environment.
“We believe that the future of Africa’s digital economy lies in the hands of individuals and entrepreneurs alike. Our new strategy focuses on scaling reach by training individuals in the latest AI-centered tools and techniques,” said a Google representative.
News
Lagos Govt Drags Top Firms to Court Over Billion-Naira Tax Debts

Lagos State has dragged 45 individuals and firms, including Bi-Courtney Aviation, DAAR Communications and Leaders & Company, to revenue court for tax debts running into billions of naira.

Lagos Govt
Bi-Courtney, operators of Murtala Muhammed Airport Terminal Two, faces N38.7 million claim; DAAR, behind Africa Independent Television, owes N22.4 million; ThisDay publishers Leaders & Company allegedly skip N67.1 million.
GMT Energy Resources tops corporates at N145.8 million, followed by Sheriff Deputies at N132.1 million; others like Heyden Petroleum, AA Rescue, BRT operator Primero also listed.
Individuals owe N13.5 million to N35 million each.
Attorney-General Lawal Pedro said suits followed ignored notices, aiming to enforce laws and fund infrastructure.
More defendants: IENG Nigeria, James Fisher, V Care Diagnostics, Venture Garden, Saro Africa, Barry Callebaut, Native Media, First Consulting, Eyowo Payments.
Compliant taxpayers post-notice escaped prosecution; defaulters risk penalties, interest, jail.
Pedro urged prompt filings and payments.
News
Beware of Fake Cerelac Products – NAFDAC

National Agency for Food and Drug Administration and Control (NAFDAC) has alerted Nigerians on counterfeit and unregistered Cerelac Mixed Fruits and Wheat products being sold in Lagos.

NAFDAC said Nestle Nigeria, the genuine Marketing Authorisation Holder of the product, received a complaint of suspected counterfeit purportedly manufactured by Nestlé Spain, bearing Batch Code 308002910.
It said that Nestle Nigeria reported that the complainant described that the counterfeit product emitted an odour suggestive of possible contact with fuel.
NAFDAC said that preliminary review of the product by Nestle Nigeria indicated that it had expired, in spite of the container displaying an expiry date of 10-2026, which suggested that the date coding had been tampered with (revalidated).
Nestle Cerelac Mixed Fruits and Wheat is a nutritious infant cereal, designed to be a delicious first food for infants.
NAFDAC said that its post-marketing surveillance’s directorate officers in Lagos conducted a surveillance visit to Maxland Shopping Centre, 193 Ago Palace, Okota, where the product was purchased by the complainant.
It added that the suspected counterfeit and unregistered Cerelac were found on sale at the premises and subsequently mopped up, while Nestle assisted in identifying the distinguishing features between registered and unregistered product.
According to the regulatory agency, Nestle revealed that the unregistered product used a hyphen (-) to separate the day from the year, while the registered product used a slash (/) to separate the day from the year.
“It is important to note that Nestle Nigeria is not aware of the channels through which the products are supplied into the country.
“Healthcare professionals and consumers are advised to report any suspicion of the sale of substandard and falsified regulated products to the nearest NAFDAC office, call 0800-162-3322, or send an email to [email protected],” NAFDAC said.
The agency warned that counterfeit formula often lacked essential nutrients, vitamins and minerals, leading to stunted growth or developmental issues.
It said that such formula might also contain contaminants that might lead to severe health consequences to infants or even death.
NAFDAC reiterated its commitment to safeguarding public health adding that it would continue surveillance activities to ensure the quality, safety, and efficacy of all NAFDAC-regulated products circulating in Nigeria.
It said that all zonal directors of the agency and state coordinators had been directed to carry out surveillance and mop up the revalidated product, if found within the zones and states.
The agency urged distributors, retailers, healthcare professionals, and caregivers to exercise caution and vigilance within the supply chain, to avoid the distribution, sale, and use of fake products.
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