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South Africa Offers GMB Seized Nigerian $15m

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Jacob Zuma of South Africa and Muhammadu Buhari, president-elect
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South Africa has indicated her willingness to return the more than $15 million seized from some Nigerians last year in a move designed to please the country’s new president.

This is contrary to claims earlier by South African Ambassador to Nigeria, Lulu Mnguni,  that the money  seized by the South African Government had been released to Nigeria.

It would be recalled that the South African Government had, on September 5, 2014, seized $9.3m cash belonging to Nigeria and a month later seized another $5.7m, claiming that both funds were to be used for illegal purchase of arms.

But The Mail & Guardian reported yesterday that, Muhammadu Buhari, president-elect made positive overtures to Jacob Zuma of South Africa before the elections and relations between the two countries are likely to improve.

“South Africa is considering returning the Nigerian money that it confiscated last year, or clearing the way to sell arms to the West African country”  The Mail & Guardian reported.

The newspaper also has learned through diplomatic sources that South Africa has begun talks to work out a process to return the money in an effort to start off on a clean slate with the recently elected government of the Nigerian president-elect, Muhammadu Buhari.

South African law enforcement agencies seized $15 million in two batches: $5.7-million that had been wired to Standard Bank and $9.3-million in cash, which was confiscated.

It was brought into the country through Lanseria airport in Johannesburg in three suitcases by a delegation said to represent the Nigerian government. In both cases, the money was suspected to be for illegal use.

Now South Africa wants to use the money to extend an olive branch to Buhari’s government and mend relations between the two countries, which became strained during the tenure of outgoing president Goodluck Jonathan.

“The positive thing about [Buhari] is that one of the people who supported him is Atiku Abubakar. That makes him our man and he will automatically work well with [President Jacob] Zuma,” a government source said.

Close connection
Abubakar is close to Zuma. He was Nigeria’s deputy president during the presidency of Olusegun Obasanjo, at the time when Zuma was Thabo Mbeki’s deputy.

“Also, this man [Buhari] is a [retired] military general. It is true that the military needs some beefing up to fight Boko Haram and we should help,” the source added.

So how will Nigeria know that it stands to benefit from an otherwise controversial transaction that had exacerbated tensions between the two countries?

Explained the government source: “Diplomatically you send a signal. Obviously they will have to make a request once they receive a positive signal, but the request will just be an official step to finalising the transaction.”

Buhari is due to take over the leadership of the country after winning the recent elections. Formal talks have not yet begun but South Africa has apparently started sending “positive signals” through its diplomats in Nigeria and to the Nigerian embassy in Pretoria.

Diplomatically favourable
To ensure that the process of returning the money or regularising the sale of arms looks as clean as possible, the Hawks investigation will continue, the source said, but will be managed politically to reach a conclusion that is diplomatically favourable.

“One way is to make the investigators say: ‘Yes, a law has been broken, but it’s true that the government [of Nigeria] is the owner of that money and genuinely wanted to buy arms legally. They might have flouted the rules, but it’s a genuine transaction.’ [We will say] this money does not come from dirty hands or rebels or arms dealers,” the source said.

“We will find a way to regularise the transaction and either return the money or give them arms.”

Nigeria wanted to buy arms such as helicopters and ammunition to strengthen its fight against Islamic extremist group Boko Haram.

Last year, the M&G reported that the head of the national conventional arms control committee, Jeff Radebe, who is also the minister in the presidency, was blamed by his colleagues in government for taking a unilateral decision to try to regularise the sale of arms to Nigeria to facilitate the release of bodies of South Africans who were killed when the TB Joshua church building collapsed in Nigeria.

At the time, Radebe denied it and said the committee had met in October and decided to propose unlocking the Nigerian arms trade.

‘Bona fide error’
The M&G quoted from two letters that Radebe had written to JP “Torie” Pretorius of the Hawks and Dumisani Dladla, the head of the arms control committee’s secretariat, in which he said the failed attempt on September 5 to pay an arms dealer in South Africa “was, in fact, a legitimate requirement from the government of Nigeria”. “Although the required administrative processes were not adhered to at the time, the government of South Africa deems it a bona fide error,” he wrote.

This week a government source told the M&G: “What Jeff did may have been unilateral, but it is now an avenue that South Africa is willing to explore. Even when we were doing damage control after your story, the discussion centred around how we can get a positive outcome out of this.”

The committee apparently met after the article was published in November last year and decided to use the return of the money or the sale of arms to appease the new government of Nigeria after the elections.

“After the story, they had to regroup and say: ‘How do we deal with this situation?’ You cannot let it hang forever; you must find a way to conclude it in a way that will satisfy both sides,” the source said.

Zuma has apparently been briefed by ministers who serve on the committee and has warmed to the idea. Efforts to get comment from Zuma’s spokesperson Mac Maharaj and from Radebe were unsuccessful.

Improved relations
Relations between Nigeria and South Africa have not been at their best, particularly between the Zuma and Jonathan administrations.

“[By returning this money] you get friendship, loyalty and an opportunity where he [Buhari] is willing to work with us to lead the continent and speak with one voice.

“Instead of Nigeria second-guessing us all the time, we will compare notes and stop fighting for things like the United Nations Security Council seat that’s not even permanent,” the source said.

“Nigeria is a strategic country that South Africa cannot ignore. It’s a big market. It’s possible South African companies make more money in Nigeria than in South Africa.”

When Buhari took on Jonathan in last month’s elections, Pretoria was already positioning itself for refreshed relations with Abuja.

‘Contributions to democracy’
The M&G has seen a letter that Buhari wrote to Zuma a few days before the elections, in which he complained about Jonathan’s alleged delaying tactics over the poll and the use of violence in an attempt to sway the vote in his favour.

“I thank your government and your mission in Nigeria for your contributions to Nigeria’s democratic process. While Nigeria’s democracy must be established and secured by the commitment to fairness and the rule of law of Nigerians, the goodwill and positive influence of your government have helped us on this difficult yet vital journey,” Buhari wrote. “It is not your business who wins elections in Nigeria, but we seek your help in making sure the election is a free and fair one for us to win or lose according to the people’s will.”

He is expected to hold a one-on-one meeting with Zuma on the sidelines of the African Union summit that South Africa is hosting in June, and it’s anticipated that the issue of the seized money will be discussed.

Either Zuma or Deputy President Cyril Ramaphosa will attend Buhari’s inauguration in May.

Asked for comment, department of international relations and co-operation spokesperson Nelson Kgwete said the department had not been in talks with Nigeria over the confiscated money and knew nothing about a proposal to either return the money or sell arms to that country.


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Nigeria Customs Deploys AI to Cover Revenue Leaks

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The Nigeria Customs Service (NCS) has rolled out an artificial intelligence (AI) driven capacity-building programme to improve revenue generation and reconciliation across its operations.

The initiative, unveiled during a three-day training event in Abuja, aims to transition the agency toward data-driven administration as Nigeria seeks to boost non-oil revenue.

The adoption of AI will enable the service to better manage complex trade systems, detect anomalies and reduce revenue leakages, says Bashir Adewale Adeniyi, comptroller-general of the NCS.

AI-powered tools are already being integrated into risk management and cargo scanning systems to allow for real-time analysis of trade patterns.

The technology marks a transition from manual, reactive processes to predictive and automated decision-making, Adeniyi adds.

The programme also reflects a shift in the relationship between the NCS and the National Assembly toward a collaborative framework focused on transparency and efficiency.

The training is a strategic intervention to address persistent gaps in revenue management, says Kikelomo Adeola, deputy comptroller-general of the NCS.

AI applications, ranging from automated data analysis to predictive intelligence, will significantly enhance the integrity of public financial systems, she says.

The initiative aligns with broader efforts to modernise governance and improve compliance across revenue-generating agencies, says Bamidele Salam, chairman of the House Public Accounts Committee.

Lawmakers and fiscal authorities at the event underscored the urgency of adopting advanced technologies amid rising budgetary pressures.

This move comes as the federal government increases scrutiny over revenue leakages and audit discrepancies.

The partnership between the NCS and the legislature is critical to strengthening fiscal discipline and ensuring all revenue due to the federation is accurately captured, Adeniyi concludes.


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Lagos Targets Vulnerable Residents in Expanded Social Register

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Lagos State Government has intensified efforts to strengthen its social protection framework with a fresh push to update the state’s Single Social Register.

Lagos Targets Vulnerable Residents in Expanded Social Register

Babajide Sanwo-Olu, Governor, Lagos

This was contained in a press statement on the government’s Facebook page on Wednesday.

The initiative, led by the Lagos State Ministry of Economic Planning and Budget, formed the focus of a strategic engagement held on Monday with Community-Based Targeting teams, local government coordinators and field enumerators across the state’s 57 Local Government Areas and Local Council Development Areas.

The meeting, themed “Closing the Gap: Accelerating Lagos State Single Social Register Update,” took place at the Radio Lagos Multipurpose Hall in Agidingbi, Ikeja.

Officials said the exercise is aimed at improving the accuracy and reach of the register, which serves as a critical tool for planning and delivering targeted social interventions, including financial support, healthcare and education services.

Speaking at the session, Ope George, commissioner for Economic Planning and Budget, commended field workers for their commitment while urging them to scale up their efforts.

He called on participants to be “more intentional by intensifying their commitment,” reaffirming the government’s resolve to “continuously strengthen and refine the Register to reflect evolving realities.”

Also speaking, Olayinka Ojo, permanent secretary in the ministry, described the register as central to effective governance and service delivery.

She said “it remains a cornerstone for effective planning and delivery of social intervention programmes,” adding that the ongoing update is designed to “further enhance data reliability, coordination, and service delivery outcomes.”

Ojo noted that sensitisation efforts would be expanded across all councils to ensure wider inclusion of residents, stating that “the advocacy and sensitisation will scale throughout the 57 LGAs and LCDA to give more to Lagos residents.”

According to the government, the updated register is expected to expand access to social protection programmes and improve the targeting of interventions for the most vulnerable populations.

The engagement also provided a platform for stakeholders to strengthen collaboration, improve data quality and reinforce transparency in grassroots data collection.

The state government reiterated its commitment to leveraging accurate data and partnerships to drive inclusive development, reduce vulnerability and improve living standards across Lagos.


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Study Shows 38% of Northern Women Lack Access to Financial Services

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A new study by Bayero University, Kano, has found that 38 per cent of women in Northern Nigeria do not have access to financial services.

The study, carried out by the Aminu Kano Centre for Democratic Studies of the university, was supported by the Gates Foundation. It examined how social norms and behavioural factors influence financial inclusion across the 19 Northern states.

The report, titled “Understanding Influence and Behaviour in Northern Nigeria” and unveiled in Abuja on Wednesday, stated that while 52 per cent of women are financially served, only 45 per cent access formal financial services through deposit money banks, merchant banks, interest-free banks and microfinance institutions.

It stated that “38 per cent of women across the region lack access to financial services. “52 per cent of women are financially served, while 45 per cent access formal financial services through Deposit Money Banks, merchant banks, interest-free banks and microfinance institutions. An additional seven per cent utilise other formal non-bank financial products, including insurance services. ”

Speaking at the unveiling, the Director of Academic Planning at Bayero University, Prof. Yusuf Garba, who represented the Vice Chancellor, Prof. Haurna Musa said the research was designed to uncover why the region lags in financial access.

“This study, which started in 2024, aims to examine how social norms influence attitudes and behaviour of various groups across Northern Nigeria, particularly to find out why states in the region fall behind in access and use of financial services,” he said.

Garba explained that the research, conducted over 18 months, produced two volumes detailing how influence structures, trust hierarchies, gender norms, and religious considerations shape decisions around finance, health and education.

He added, “The report is structured into volumes to provide a unified explanation of how social norms, authority structure, and trust shape financial behaviour across Northern Nigeria.”

On the findings, the Principal Investigator, Prof. Ismael Zango, said the data aligns with figures from the National Bureau of Statistics, particularly on poverty and unemployment.

According to him, “unemployment in the region stands at about 37 per cent,” while “poverty levels average about 80 per cent across Northern Nigeria, with Sokoto State recording the highest rate at over 80 per cent.”

Zango stressed that addressing financial exclusion requires more than temporary interventions.

“Economic empowerment must go beyond token financial support,” he said, adding that “sustainable development requires equipping women and youths with relevant, market-driven skills.”

He cited women-led initiatives such as groundnut processing groups in Kebbi State and the Women in Agriculture programme in Kano State as practical models.

“These initiatives should be scaled up to bring more people into productive economic activities and reduce poverty,” he said.

In her remarks, the Chief Executive Officer of Enhancing Financial Inclusion and Advancement, Mrs. Foyinsolami Akinjayeju, described financial inclusion as both an ethical and economic imperative.

Akinjayeju called for stronger collaboration among stakeholders, including government, financial institutions and development partners, as well as policy reforms to address existing gaps.

“Everyone has a role to play, but commitment must come from the top,” she said.

The findings come amid growing concerns over low financial inclusion rates in Northern Nigeria, driven by poverty, unemployment, and entrenched social norms that limit women’s economic participation.


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